Home » Archives for EW News Desk Team » Page 46
Author : EW News Desk Team
About EW News Desk Team PRO INVESTOR
Latest news about the state of the world economy.
Stories by the author
China Speeds Up Investment Pact Negotiations in EU to Compete with US
China has been in negotiations with the European Union for some time regarding an investment pact. However, those negotiations have accelerated of late, and it appears this traces back...
Outstanding Mortgage Debt Rises for First Time Since 2009
Total mortgage debt owned by Americans rose for the first time this year after falling every year since 2009. A new study by the Federal Reserve Bank of New...
Ghana Economy Set to Improve Next Year
Ghana's economy will expand in 2016 due to increased oil revenues and budget planning, according to Reuters. The West African country will abide by a budget deficit goal set...
East Asians Getting Old before They Can Get Rich, World Bank Warns
China and other East Asian, middle-income countries face an interesting new quandary: they are getting old before they are getting rich. As a result, according to the World Bank,...
Positive Manufacturing Forecast despite Slump
Although manufacturing activity contracted in November, experts see growth in the sector in 2016 as the U.S. economy improves. The Institute for Supply Management announced Tuesday that it expects...
Venezuelan Socialists Voted Out during Mid-Term Elections
According to Venezuela's National Election Council, the center-right Democratic Unity Roundtable gained 99 seats in the National Assembly, ending decades of socialist rule, according to BBC News. The opposition...
Greek Prime Minister: IMF Not Constructive in Greek Financial Crisis
Greek Prime Minister Alexis Tsipras has condemned the International Monetary Fund's (IMF) recent behavior in dealing with the European Nation's lingering financial woes. Tsipras accused the IMF of inconsistency...
Labor Department Admits Weak Economy for Most Americans
After some economists and analysts criticized the Obama administration for doing too little to stimulate job growth, U.S. Secretary of Labor admitted that most Americans are struggling even as...
Egypt Economy Continues Economic Progress
Egyptian authorities revised its previous GDP fiscal year estimate of 5.0 to 5.5 percent amid renewed infrastructure investments, according to Reuters. The economy grew 4.2 percent in the 2014/15...
IFC, World Bank Announce Plans for Off-Grid Electricity in Nigeria
The World Bank and International Finance Corporation (IFC) have announced plans to create an off-grid solar power system for Nigeria. World Bank and IFC have dubbed the program "Lighting...