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Latest news about the state of the world economy.
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Blackouts and South Africa’s Weak Economy
Evidence has recently arisen that South Africa's emerging electricity bill could threaten just about everything within the region, from sovereign debt to swimming pools. On almost a daily basis,...
Japanese Economy Hit by Higher Taxes and a Pitiful America
Recently published statistics have shown that Japan suffered a decline in its exports during August of this year. Shipments to the United States began to contract, adding to existing...
Jobless Claims Fall to Lowest Level Since 2000
Surprising economists and investors who expected deflation and constrained growth from falling oil prices, unemployment claims cratered to their lowest level in nearly a generation.Unemployment claims fell to 264,000,...
Thailand’s Poor Exports Point to Economic Issues
Recently, exports in Thailand fell by their largest amount since the flooding of 2011 paralyzed the economy. Exports, which equal over 60% of the Thai economy, dropped approximately 7.4%...
U.S. Bull Market Ends as Fed Money Pump Runs Dry
Stocks are having their worst month in three years as the Federal Reserve ends its quantitative easing program, which expanded the supply of money and helped stocks rise 30%...
Wealth Inequality Accelerates Worldwide on Inheritance, Tax Avoidance
Wealth inequality is growing worldwide, according to a new report by Credit Suisse. A greater share of wealth is being held by a smaller number of ultra-rich families worldwide...
China is Coming Out on Top in the Global Economy
Economic OverviewChina is the second largest Asian country and for some time now, boasts the world's second largest economy, which has grown rapidly since the government reforms in 1978....
Spain Raises its Forecast for Economic Growth
Recently, Spain has surprised many economists by raising its forecast towards a more positive economic growth for this year and the following year. This provides a sharp contrast to...
Italy on Sale, Finland Threatened as ECB fights Germany on Disinflation Fix
Finland has lost its most recent credit rating due to eurozone instability and more Italian assets are being sold to Chinese investors as instability accelerates in the European Union...
Europe Eyes Chinese Yuan as Future Reserve Currency
In a surprising move, the European Central Bank is considering buying Chinese yuan as a reserve currency.According to a report by Bloomberg, anonymous sources in the ECB have said...


