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World Bank Calls to Reverse the Palestinians Poverty Trend
The World Bank is calling upon nations of the world to help the people of Palestine and upon Israel to improve relations with the Palestinian people. These calls come...
Brazilian Economy Continues to Tumble
Due to corruption and a tanking economy, recent polls show that President Dilma Rousseff is the most unpopular leader since Brazil's reestablishment of democracy in 1985, according to the...
Personal Incomes Rise, Home Sales Plummet
Personal incomes and spending rose, but home sales fell significantly despite expectations of growth. Pending home sales fell 1.4% in August compared to the prior month, while remaining 6.1%...
Junk Bond Yields Soar as Defaults Rise
Junk bond yields have risen above 8% as investors’ fear a growing number of defaults are looming amidst weak sales and low commodity prices. According to the Bloomberg World...
Germany Seeks Migrant Integration into Economy
Chancellor Angela Merkel and members of Germany's business community seek to integrate masses of people coming from parts of the Middle East and Africa into German society, according to...
World Bank Praises Fed for Decision to Hold Off on Rate Hike
While many Americans breathed a sigh of relief after the US Federal Reserve (Fed) announced that it would not be increasing the prime rate this month, the decision also...
China, Europe Manufacturing Weakens as Xi Visits U.S.
China and Europe are seeing lower manufacturing activity, with the sector declining in China and expanding weaker than expected in Europe. According to the Caixin China purchasing managers’ index,...
Chinese President Amasses Political Support
Before Chinese President Xi Jinping left China for the U.S., he had been attending the funerals of former officials, hoping to garner allies as China contends with a lagging...
IMF Reports Australia Will Suffer Most from Slowing Chinese Investments
The International Monetary Fund (IMF) recently released a report regarding which nations will suffer the most loss resulting from China's slowing investment growth. According to the IMF, Australia will...
OPEC Eyes $80 Oil as Economic Headwinds Rise
Oil may rise to $80 a barrel if the global energy cartel has anything to say about it. The Organization of Petroleum Exporting Countries, or OPEC, announced that it...