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Ghana May Be Taxing Petroleum beyond IMF Guidelines
While those in the developed world often complain about the price of petroleum, the markups experienced in nations like the United States and Germany may pale in comparison to...
Spanish Economy Undergoes Superficial Recovery
Barclay’s analysts Apolline Menut and Antonio Pascual dispel the mainline narrative of a Spanish recovery, highlighting long-term unemployment, waning productivity and a high unemployment rate as unsustainable liabilities, according...
Job Data Shows Improvement as Global Stocks Tumble
Three separate studies show improvement in the U.S. job market, but investors globally express concern that growth expectations extend far beyond reality. The Gallup Good Jobs index, which measures...
World Bank Downgrades Global Economic Forecast Again
On Wednesday, the World Bank once again downgraded its global economic growth forecast for 2016. The downgrade resulted from the World Bank's prediction of weak performance from major emerging...
Venezuelan President Gains New Economic Team
President Nicolas Maduro replaced key figures of his cabinet in response to congressional losses, according to Bloomberg Business. Maduro removed certain people to address the dire state of the...
Multiple Economic Indicators Point to a Structural Decline in U.S.
A structural decline in the American economy looms as several economic indicators weaken significantly at the same time. In November, the United States trade balance weakened by $42.4 billion,...
MIT Study: Pollution Treaty’s Potential Major Economic Upside for U.S.
The Minamata Convention on Mercury, a global treaty adopted in 2013, did not intend to serve as a major economic treaty. Its aim was to reduce mercury pollution around...
Kenyan Economy Weakened in Q3 of 2015
Kenya's economy grew 5.8 percent in the third quarter as authorities failed to meet their original growth target of 7 percent, according to Reuters. The government lowered the forecast...
Retail, Auto Sales Show Improvement as Home Prices Rise
Store sales saw higher growth for the last week of 2015, as post-holiday sales enticed more activity than a year ago. Clearance sales drew “a strong response” according to...
Following WTO Ruling, US Repeals Meat Labeling Law
Say what you will about the American diet — the truth is that Americans are actually among the most conscientious eaters in the world. Millions of Americans enjoy knowing...