World Economy

  • China’s well-funded Belt and Road Initiative has rolled out with thousands of Chinese enterprises going all out in the vast, new market created by participating countries and beyond. The vast…

    World-Economy
  • Venezuelans angry with their government, a deteriorating economy, and a seemingly intractable political impasse marked 100 days of protest on Sunday—demonstrations that have often turned violent…

    World-Economy
  • German Chancellor Angela Merkel vowed closer cooperation with France at a joint press conference with President Emmanuel Macron on Thursday, including backing Macron’s suggestion of creating an EU…

    World-Economy
  • It was a very difficult time for Turkey. A few months after a failed coup on July 15, 2016, President Recep Tayyip Erdogan was asking people to sell their dollar-denominated savings and instead…

    World-Economy
  • Pessimists outnumbered optimists in Australia for an eighth consecutive month in July, according to the latest Westpac-MI consumer sentiment report released Wednesday.

    And according to Bill…

    World-Economy
  • Saudi Arabia’s gross domestic product fell by 0.5% in the first quarter compared to an annual rise of 2.2% for the same period last year, pulled down mainly by the drop in oil prices, according to…

    World-Economy
  • The International Monetary Fund’s Managing Director Christine Lagardehas said that she would not rule out another financial crisis in the US in her lifetime, indicating that comments made recently…

    World-Economy
  • Pakistan booked a record trade deficit of $32.6 billion in the last fiscal year after exports nosedived to a six-year low while imports surged to a historical level of $53 billion, the Pakistan…

    World-Economy
  • The global market for 3D printing is expected to be worth $17.46 billion in 2020 from $6.51 billion in 2016, said a report highlighting the current status of the regulatory framework and best 3D…

    World-Economy
  • Brazil’s Senate has passed an overhaul of Brazil’s labor laws, aimed to kickstart an ailing economy. But political pressure on President Michel Temer may prevent him from staying in office to see…

    World-Economy
  • The Mexican stock market is up 11% year to date—but the outlook is cloudy as US President Donald Trump threatens to impose a border adjustment tax on imports.

    World-Economy
  • Italy’s industrial production beat expectations to rise by 2.8% in May compared to the same period last year, national statistics agency ISTAT reported. Industrial production rose by 0.7% in May…

    World-Economy
  • Consumer prices in Hungary grew by an annual 1.9% in June, down from 2.1% in May, the Central Statistical Office, KSH, said. The June rate was slightly below the market consensus of 2%, France24…

    World-Economy
  • Malaysia’s manufacturing sector, especially the electrical and electronic sector, underpinned the May industrial production index’s strong growth of 4.6% from a year ago, CNA reported. According…

    World-Economy
  • Wall Street investors have gone cold on one of the main mechanisms banks invented to fund the green-energy revolution.

    The business structure, known as the Yieldco, feeds dividends from…

    World-Economy
  • JPMorgan CEO Jamie Dimon thinks the global economy could be in for some choppy waters ahead as central banks curtail their massive bond-buying programs. The US Federal Reserve, the European…

    World-Economy
  • The British economy faces the prospect of barely growing in the run-up to the country's exit from the European Union in less than two years, one of the world's leading credit ratings agency warned…

    World-Economy
  • S&P Global Ratings said Wednesday it has lowered Venezuela’s sovereign debt ratings, warning of the risk of default as economic conditions in the oil-rich country worsen and political tensions…

    World-Economy
  • US families benefited greatly from China’s World Trade Organization entry in 2001, as prices of manufactured goods like shirts, electronic devices and pet foods fell by 7.6% between 2000 and 2006…

    World-Economy
  • Reform hurts, says economist Mathijs Bouman, but calling a halt to the reforms will hurt more.

    In the middle of the euro crisis reforming the economy seemed an important and unavoidable…

    World-Economy
  • The European Union’s economic leaders called on Monday for eurozone countries with high growth to spend more, an attempt to persuade Germany to step up its public spending and strengthen the bloc’…

    World-Economy
  • Brazilian Finance Minister Henrique Meirelles was listed as the country’s representative to the G20 summit over the weekend, as President Michel Temer continues his struggle to retain power as a…

    World-Economy
  • Investors and international institutions often criticize France for its rigid labor market and how that’s a drag on its economic performance. But that’s about to change, the former governor of the…

    World-Economy
  • Emerging Europe is facing increasing economic stresses that threaten to unwind some of the political progress made over the past decades, a top International Monetary Fund official said Tuesday.…

    World-Economy
  • The Russian Federal Office of Statistics Rosstat and the Moscow School of Economics presented shocking data from polls among citizens of Russia. Around 35% of respondents say that their material…

    World-Economy