The Organization for Economic Cooperation and Development (OECD) has warned in its latest Economic Outlook that countries need to take urgent action to further reduce unemployment and address other issues stemming from the ongoing global economic …

PARIS – A leading international organization warned Tuesday that the global economy will grow by less than expected this year after it lowered its forecasts for the United States and China. The Paris-based Organization for Economic Co-operation and …

The global economy will grow by less than expected this year as growth in developing economies slows, The Organisation for Economic Co-operation and Development predicts, BBC reports. It expects 3.4% world growth this year, down from its 3.6% …

THE importance of Nigeria to global economy cannot be over-emphasised following the enormous potential that abound in the most populous black nation. According to Turkish Ambassador to Nigeria, Mustafa Pulat, Nigeria as a major supplier of energy …

Markets will also keep an eye on purchasing managers' surveys, due early in the week from around the world, to see how the global economy fared at the start of the second quarter. Fighting between Ukraine's army and pro-Russian groups in the east has …

The United States has held the title of the world's largest economy for more than a century, presiding over the growth of emerging nations and developing markets around the globe. That economic leadership may end in 2014. China's economic growth over …

All is placid in financeland. Stocks in the United States and globally have been in a holding pattern since December; bonds as well. Overall economic data – limited though it may be and flawed though it certainly is – shows steady, unspectacular growth …

The Bank of England also meets as the U.K. remains on pace to become the fastest-growing economy of any Group of Seven nation this year. The gatherings of Europe's central bankers come on the heels of Federal Reserve's announcement last week that it …

The World Bank's International Comparison Project (ICP) recently released comparison GDP estimates for the world's economies for 2011, and found that China's economy had caught up so close to the U.S. its economy is likely to surpass the U.S.'s this year.