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Latest news about the state of the world economy.
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Vietnam’s Economy Surges Ahead
According to the latest data, Vietnam's economy received a boost from lower energy costs and increased foreign investment. The nation's central bank is also well situated in commencing more...
China Imports Weaken
Imports into China fell for the 11th month in a row, raising concerns that Chinese growth is worsening. Imports into China fell 17.7% in local currency terms in September,...
OECD Issues Warnings about Reckless Spending and a ‘Brexit’
The Organization for Economic Cooperation and Development (OECD) warned countries trying to spend their way out of crisis that they risk becoming stuck in perpetual economic malaise. The OECD...
IMF Cuts Thai Economic Forecast
The International Monetary Fund projects that Thailand's economy will expand by 2.5 percent in 2015, as the Southeast Asian country contends with military rule and a turbulent economy. The...
U.S. Companies Hide $2 Trillion Abroad
American companies avoid paying taxes by holding over $2 trillion in assets outside of the country; a new study shows. A total of $2.1 trillion are abroad, according to...
America and 11 Other Nations Reach Trans-Pacific Partnership Trade Deal
On Monday, October 05, 2015, the United States and 11 other Pacific Rim nations reached a final agreement on the largest regional trade accord in history. Now, the treaty...
Britain’s Economy Continues to Struggle
According to Reuters, Britain's economy suffers from an unstable world market and lower consumer spending. Manufacturing capacity decreased as well, especially in major sectors of the economy. In light...
European Stocks Gain, Emerging Markets Lose Cash
Stocks in Europe rose Monday morning, while emerging markets capital losses continue in the wake of falling commodity prices and lowered growth expectations. The rise in stocks in Europe...
World Bank Expected to Raise Extreme Poverty Level
There has been a lot of news about the possibility of raising minimum wages to higher and higher rates. However, stories about the definition of extreme poverty make news...
Spanish Economy Grows in Third Quarter
The Spanish economy expanded 0.8 percent due to such factors as increased demand and lower oil prices, notes Bloomberg Business. However, take the latest data with a grain of...