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Latest news about the state of the world economy.
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World Population to Reach 7 Billion in 13 Days
The United Nations is predicting that the milestone seven billion population mark will be achieved on October 31st. But the UN Population Council vice-president has also warned that the...
Pakistan Prime Minister: “Millions of Pakistanis Face Food Insecurity”
Increased volatility in global food prices has left millions of Pakistanis unable to achieve the basic levels of food security, admitted Pakistani Prime Minister Yousuf Raza Gilani in a...
Christmas Comes Early For Hasbro With 3rd Quarter Profits
Toy maker Hasbro Inc. has reported third-quarter profit growth of more than 10 percent, as international sales, coupled with rising demand for boys’ toys such as Nerf guns and...
Key Economic News To Watch This Week
A quick preview of the key economic events for the upcoming week: Monday, 17 October UN under secretary general for humanitarian affairs visits North Korea. U.S. Industrial Production data...
Pimco, the World’s Biggest Bond Fund, Apologizes To Investors for “A Bad Year”
Bill Gross, manager of the world’s biggest mutual fund, has apologized to Pimco investors for his poor performance saying “I’m just having a really bad year.” Gross’ apology comes...
Europe Given Till The End Of The Week To Fix Its Crisis Or Else…
G-20 finance ministers has called on eurozone leaders to take decisive measures by the end of week in controlling the ongoing debt crisis, or face the risk of sending...
Infographic: The High Cost of Prescription Drugs in America
The average American spends more on prescription drugs than the citizens of many other advanced economies in the world.One of the primary reasons for this is because brand name...
Google Earnings Exceed Forecasts Easing Fears over Online Ad Market
The online search and advertising leader, Google, posted its third quarter results yesterday in a reminder of how Google Inc. has used its dominant position in the Internet realm...
Hedge Fund Billionaire Raj Rajaratnam Sentenced 11-Years in Prison for Insider Trading
Raj Rajaratnam, the hedge fund billionaire at the center of the largest insider trading scandal in the U.S. has been sentenced to 11 years in prison, the harshest sentence...
Infographic: How Facebook Enriches the College Experience
Facebook has changed to way students interact, both online and offline. According to some studies, Facebook is the most used social network for students, who spend about 100 minutes...


