Home » Archives for EW News Desk Team » Page 55
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
India Jumps 12 Spots in World Bank’s Ease of Doing Business Rankings
Almost every nation covets a higher spot on the World Bank's ease of doing business list. Higher ratings represent the capacity to attract and maintain foreign investors and the...
South Korean Economy Rebounds in Third Quarter
The South Korean economy rebounded from July to September, expanding 2.6 percent after struggling with a deadly outbreak and a sluggish economy, according to AP. The growth was steered...
China Rate Cut Fuels Global Stock Surge
After soaring on Friday, global equities continue to roar this week after China’s decision to cut interest rates for the sixth time in a year. The People’s Bank of...
OECD Praises Latvian Reforms, Doubts Enforcement
When it joined the OECD, Latvia's government was lacking in strong legal practices. Since then, the small European nation has greatly improved its laws, at least on paper, including...
New Liberal Government Elected in Canada
Conservative Prime Minister Stephen Harper was voted out of office during October elections, including many Parliament officials. Liberal Party leader Justin Trudeau, a former teacher and seven-year Parliament member,...
Housing Starts, Holiday Sales Hopes Point to Resurgent U.S.
Despite growing concern over America’s economic growth, above expectations housing starts and bullish forecasts for holiday retail sales indicate underlying strength in consumer demand. Despite growing concern over America’s...
World Bank: Global Poverty End in 15 Years
The World Bank said this week that the world is capable of ending global poverty in the next 15 years, but described this action as "extraordinarily difficult." If the...
Singapore Averts Recession in Third Quarter
The service sector is primarily responsible for a 0.1-percent growth rate in the third quarter, counterbalancing setbacks in manufacturing output, according to the Associated Press. The Monetary Authority of...
U.S. Budget Deficit Falls on Higher Tax Revenue
The U.S. government’s budget deficit shrank to its lowest amount in 8 years, thanks mostly to a record amount of tax revenue. Total tax receipts rose 7.6% while outgoings...
Struggling Egypt Seeks $3 Billion Loan from World Bank
Egypt has been in talks with the World Bank in an effort to obtain a $3 billion loan. The North African nation needs the funds to support its budget...