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Bahamas’ Growth Projection Slashed by IMF
Once a strong grower in the Caribbean, the International Monetary Fund (IMF) has slashed the Bahamas' 2016 growth forecast by 0.7 percentage points, dropping it to just 1.5 percent....
Refugee Influx Remains Contentious Issue in Germany
Chancellor Angela Merkel's popularity wanes, as many Germans grow weary of asylum seekers flowing into the country. The government plans to accept up to one million refugees for the...
A Banner Year for Housing Expected
Economists are expecting more home sales and house building in 2016 even as mortgage rates are set to rise. Thanks to improved demand and growing confidence in the economy,...
Analysts Question Relevance, Adaptability of the WTO
The World Trade Organization contains 162 member states and has existed for 20 years. While it is certainly not the oldest trade organization in existence, many have begun to...
Burundi Nears Civil War as Violence Escalates
Around 90 people lost their lives over the weekend as instability across the East African nation worsens over time, according to AFP. The government justifies the murders, but witnesses...
China Mergers and Acquisitions to Heat Up in 2016
In an effort to combat sluggish growth and a collapsing stock market, the Chinese government will turn to merger and acquisition activity next year. That represents the assessment of...
Former Official Calls for Russian Structural Reform
Former Finance Minister Alexei Kudrin warns that Russia needs to implement structural reforms to save the economy, according to CNBC. He suggests such measures as infrastructure spending, pension reform...
IMF Policy Change Applies Pressure to Force Deal between Ukraine and Russia
The International Monetary Fund (IMF) flexed its considerable economic muscle this week to force a resolution in ongoing disputes between the Ukraine and Russia simply by changing its lending...
U.S. Unemployment Claims Rise
After recent confidence on the labor market from the Federal Reserve and Department of Labor, new data shows unemployment may have started an upswing. The Department of Labor reported...
Puerto Rico Governor Petitions Congress for Bankruptcy
Governor Alejandro Garcia Padilla begged the U.S. congress to pass a law allowing the territory to file bankruptcy, according to AFP. Puerto Rico owes more than $70 billion to...