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Latest news about the state of the world economy.
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Germany Resists Quantitative Easing as Russia Advances
Recent speculation that the ECB will begin an asset-purchasing program has come into doubt after German Finance Minister publicly said monetary policy has “come to the end of its...
France Economy Stagnates with no Further Growth
The socialist president of France, Francois Hollande, has recently announced his intentions to stick to a fiscal program that he released in January, even after returning from his vacation...
The Unemployment Rate in Australia Hits a 12 Year High
Economic experts expected the unemployment rates to stay at 6% or below this July, but instead they increase to 6.25%, allowing the United States to shine brighter for the...
The Ebola Virus is Affecting African Economy
Some may have heard various reports throughout the world of the Ebola virus beginning to spread. While there have been a few suspected cases in various areas, countries in...
Jobless Claims Fall as Fed Upbeat on U.S. Recovery
Jobless claims fell by 14,000 to 298,000 in the week ending August 16th, according to the Department of Labor. This was lower than most analysts had expected, spurring speculation...
Economic Restoration in Ireland Receives an ‘A’ Grade
The ratings agency known as 'Fitch' has recently upgraded its view on Irish debt to an A- grade. This announcement said that the country has recently begun to experience...
Britain Defined as the Least Expensive Manufacturing Economy in Western Europe
Enhanced productivity and a consistent growth in stable wages over the past ten years have allowed the UK to emerge as an increasingly competitive economy, even in comparison with...
The Week in Review: U.S. GDP Growth, S&P 2000
The S&P 500 hit 2,000 for the first time in history shortly before the Bureau of Economic Analysis revised upwards their estimates for GDP growth in the second quarter...
Germany’s Struggling Second Quarter Slows with Weak Industry Output
In the month of June, German industrial output managed a miniscule rise of only 0.3 percent, falling far short of the rise that was predicted around 1.3%. Mixed with...
U.S. GDP Growth Revised Upwards on Declining Unemployment Rates
The United States GDP rose at a 4.2% annual rate in the second quarter, according to a new estimate by the Commerce Department’s Bureau of Economic Analysis. The United...


