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Latest news about the state of the world economy.
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US Fed Sees 2014 End For QE3
The United States Federal Reserve has maintained the rate of asset purchases at $85 billion a month, but hinted it could begin reeling in the programme known as quantitative...
Infographic: Who Will Win The Race For The First Driverless Car?
Driverless cars are commonly featured in futuristic sci-fi films, but despite being prophesised for decades they have so far not looked close to becoming reality. However, all of this...
G8 Leaders Agree To Crackdown On Tax Evasion
The leaders of eight of the world’s biggest economies on Tuesday struck a deal to “fight the scourge of tax evasion” – such as Google, Amazon and Starbucks –...
UK Lawmakers Call For Errant Bankers to Be Jailed
Britain needs a “radical” overhaul of its scandal-plagued banking sector as well as the introduction of new laws that will make it possible to jail bankers for “reckless misconduct”...
China Launches Pilot Carbon Trading Scheme
China, the world’s bigger emitter of carbon dioxide, has launched its first carbon trading platform in the southern city Shenzhen, with plans to open similar schemes in seven other...
EU and US to Launch “Biggest Trade Deal in History”
European and U.S. officials launched negotiations on Monday to create one of the world’s most ambitious free-trade zones aimed at creating jobs and boosting growth in the fragile global...
US Budget Cuts “Excessively Rapid and Ill-Designed”: IMF
The International Monetary Fund on Friday called for the repeal of sweeping U.S. government spending cuts that kicked in earlier this year, denouncing it as “excessively rapid and ill-designed”,...
Key Economic News to Watch This Week: June 17
The Group of 8 Summit opens in Northern Ireland on Monday and discussions are likely to focus on global economic issues and the efforts to tackle tax evasion, as...
EU Files WTO Complaint Over China Steel Dispute
The European Union has filed an official complaint against China’s imposition of anti-dumping duties on steel imports, said the World Trade Organisation on Thursday, in the latest of a...
Infographic: How Do Forensic Accountants Expose Financial Fraud?
Forensic Accounting is concentration that enters the spotlight on a regular basis, especially during economic downturns. Why? Because risky financial practices are revealed and forensic accountants end up being...


