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Latest news about the state of the world economy.
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Cuban Economy Stagnates, Prompting Calls for Further Reforms
Some of the well-respected economists in Cuba have begun to question the core of the command economy that is being run with Soviet-style formation. Are they not about 50...
The Bay Area has some Bright News Despite Still Combating Past Issues
For the first time since the tragic attacks of 9/11, all three of the employment hubs within Bay Area: the San Francisco metro area, the East Bay and the...
The Week in Review: U.S. GDP Rises 3.5% amid Low Interest Rates, Europe Bank Failures
The United States saw 3.5% GDP growth in the third quarter of 2014 while the Federal Reserve expects low bond yields to remain for the foreseeable future. In Europe,...
Germany’s Economy Continues to Fall and Growth Prospects Weaken
Over the past few years, Germany has risen to the top of the Eurozone as a shining example amidst a sea of economic weakness. However, it seems that now...
FOMC: Low Interest Rates to Stay for “Considerable Time”
Record low interest rates on U.S. Treasuries are here to stay, despite expectations a year ago that the end of the quantitative easing would pressure stocks and bonds by...
Falling Mortgage Rates and Slowing Home Prices Boost U.S. Consumers
Despite slowing home sales in early 2014, economists are expecting a strong home buying market in 2015 as a combination of decelerating home price growth and falling mortgage rates...
France and the EU are on Different Pages
Recently, France has begun to outline plans for changing its economy, as the country prepares for a budget-related battle against the European Union. The French minister for the economy,...
European Defaults Rise to 8.8% of Euro GDP
Non-performing originations in the top 130 European banks have reached 8.8% of the Eurozone’s total GDP, in a sign that high debt loads, bankruptcies, deflation, and stagnant unemployment is...
New South Wales Marks the Strongest Economy in Australia
For over three years, Western Australia has taken first place on CommSec's 'State of the States' report. However, finally, an increase in the housing sector has allowed New South...
New York’s High Taxes and Regulations Killing the State
The resounding reluctance of New York to drill for natural gas, alongside painfully high taxes could be killing the state's economy. Three years since Governor Cuomo took over the...


