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Latest news about the state of the world economy.
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Russia Sees End to Inflation
Since the escalating tensions around Ukraine, Russia has seen inflation rates soar and economic growth collapse, but Russia’s central bank sees an end to the troubles for the eastern...
Japan’s Economy Surpassed Expectations in First Quarter
The Japanese economy grew at an annualized 3.9 percent from January to March, which is beyond an initial estimate of 2.4 percent, due to increased spending among consumers and...
China’s Economy Shows More Signs of Contraction
China's imports fell for the seventh month, including a shortfall in exports. Experts expected a 10-percent fall in imports, but imports dropped 17.6 percent year-on-year. China's imports fell for...
Historic Drought Conditions Drying Out California Economy
For several years, the news has been filled with stories about California's historic drought conditions. However, few truly understand the full impact of these conditions. After all, most stories...
Federal Budget Deficit Falls 15%
The U.S. Federal Government is getting more revenue, which is helping it cut the budget deficit by over 15%. The Federal deficit fell by $68 billion to $368 billion...
Congo Economy Looks Poised to Undergo Growth Surge in 2015
According to data from the International Monetary Fund, the Democratic Republic of Congo's economy could grow 9.2 percent in 2015. Congo's growth is mainly attributed to copper and gold...
Record Low Unemployment and a Stronger Euro Boost Economic Forecast for Germany
Following its recovery from the Global Recession, Germany has often led the Eurozone in economic recovery indicators. This week, Germany's central bank, the Bundesbank, improved its own estimate for...
The Week in Review: Australia, Eurozone Mixed as Greek Default Nears
The Eurozone has seen improving inflation and unemployment figures, while a Greek default is challenging expectations of a steadily improving European economy. European leaders continue to negotiate a settlement...
The Venezuelan Economy: Falling Apart at the Seams
Currently, Venezuela's currency, the bolivar, is worth $0.002, according to CNN Money. Venezuela suffers from a host of problems, ranging from sanctions to a debt crisis that could lead...
Protecting Oceans Could Add Almost a Trillion Dollars to World Economy Report Says
The World Wildlife Fund (WWF) has long been committed to protecting animals and their natural habitats. For over 50 years, this organization has developed a reputation as one of...