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Weak Demand Remains throughout U.S. Despite Factory Orders Increase
A surprising jump in factory orders may reverse a decline in U.S. exports, but weak demand remains throughout America and the world. The trade balance deficit between America and...
IMF Says Global Economic Growth Powered by Asia
Many may think that the United States or Europe, as the location of most of the world’s most developed nations, would be driving global economic growth. Asia, however, is...
Hungary Will Hold Referendum on Refugee Resettlement
Hungary will hold a referendum in September or October over the European Union’s mandatory migrant resettlement quota, according to Reuters. Roughly 160,000 refugees are looking for host nations, and...
Home Price Gains as Worker Wages Stall
Home prices are going up even more in America, but wages are not rising for most middle class Americans. A new study by CoreLogic shows a 6.7% year-over-year increase...
WTO Wants to Help Pakistan Grow Its Export Capacity
The World Trade Organisation (WTO) has announced plans to partner with Pakistan to help it grow its export capacity under an “Aid for Trade” initiative. The plan would add...
Drought Situation Worsens in Ethiopia: Long-Term Aid Needed
The international community is lending a helping hand to Ethiopia as a devastating drought affects over 10 million people, according to Voice of America. Six million children face hunger,...
U.S. Government Cuts Debt Payments in Half
Amid weakening manufacturing activity and poor economic growth in the beginning of the year, the United States Treasury has decided to pay less debt in the coming months. The...
OECD: Asian Countries Rank Highest in Unique Goods Import and Export
When nations rank highly for imports and exports according to an Organization for Economic Cooperation and Development (OECD) study, that is usually cause for celebration. A recent OECD study,...
North Korea Amasses Support for Dear Leader
North Korea will conduct a congress this Friday to foster greater support for leader Kim Jong Un and the Workers’ Party of Korea, according to Associated Press. Leaders intend...
Weakness in the U.S. Economy Continues to Grow
After a major decline in economic growth, further indicators of weakness in the U.S. economy are coming from various studies. The Chicago Purchasing Managers Index (PMI) fell to 50.4...