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Russia Prepares amid Greek and China Crises
In response to the Chinese and Greek crises, the Russian government is keeping a tighter lid on its currency, according to Bloomberg. The Bank of Russia purchased $200 million...
China Exports Rise, Imports Fall
China saw exports rise in a sign of improving global economic conditions, but imports fell just as China hopes to pivot towards a domestic demand-driven economy. China saw exports...
Does a Temporary Grexit Still Loom?
The likelihood of Greece leaving the Eurozone increased considerably as Germany hinted at forcing Greece to leave the Eurozone for a fixed period. The likelihood of Greece leaving the...
Puerto Rico Suffers from High Living Costs and a Bad Economy
According to a recent report from Puerto Rico's Institute of Statistics, groceries are 21 percent more expensive than the United States, according to The Guardian. The cost of living...
U.S. Swimming in Debt According to OECD
While the downturn of the Chinese and Greek economies has taken center stage, some international economic watchdog groups fear the United States' economy may also be in trouble. Though...
Unemployment Claims Jump on Economic Weakness
Unemployment claims jumped in the United States while the Federal Reserve and International Monetary Fund express concerns that global growth is slowing. The Department of Labor announced Thursday that...
Indonesian President Believes Economy Undergoing Crucial Transformation
President Joko Widodo believes his country is transitioning from an economy based on commodities to one centered on production and investment. The president's address comes on the heels of...
The Largest Trade Agreement in 20 Years Promises to Strengthen Economic Ties between US and Pacific Region
In late June, the US agreed to enter into the Trans-Pacific Partnership Agreement (TPP). The Agreement is the largest trade treaty entered into by the United States in more...
Home Prices Rise, Mortgage Applications Increase
More people are buying homes in the United States, accelerating price increases throughout the country. Home prices rose 6.3% year-over-year in May 2015 according to the CoreLogic Home Price...
Kenyan GDP Rises in Q1 as Economy Gains Traction
According to the latest figures from the National Bureau of Statistics, Kenyan GDP rose by 4.9 percent year-on-year in the first quarter, but tourism was a factor that slowed...