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Latest news about the state of the world economy.
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Surge in Home Building Raises Hope for US Economic Upturn in Second Quarter, Triggers Bond Sales
After a long winter, strong dollar, and sagging oil prices led to a slower start to 2015 than many in the United States had hoped for, things appear to...
GDP Estimates Sour, Investment Banks Urge Caution
A number of leading economists and investment banks in the United States are warning that American GDP growth is likely to disappoint, even after several downward revisions over the...
Peruvian Economy Surpasses Expectations in the First Quarter
Peru's economy expanded 2.68 percent in March, shattering previous predictions of 2.15 percent. GDP also grew 1.73 percent, which is beyond the government's estimate of 1.5 percent growth, and...
Happiest Economies in Which to Invest
Every year it seems financial analysts come up with new ways to rank investments. Bloomberg recently added to the list by ranking world economies by the financial "happiness" of...
U.S. Gas Prices Begin to Rise as Retail Sales Disappoint
Gas prices are rising in the United States and are expected to rise further, limiting the possibility that Americans will spend more on discretionary goods and services. In late...
Russian Economy Contracts in the First Quarter
Russia's economy contracted 1.9 percent in Q1, marking the first economic shrinkage since 2009, but analysts expected a slowdown of 2.6 percent. April's manufacturing report showed better results than...
Venezuela’s Economy Tanking, Little Chance of Recovery
Venezuela has shown consistently poor economic performance for many years. The communist regime, established by Hugo Chavez (who passed away in 2013) is largely to blame, thanks to its...
The Week in Review: U.S. GDP Slumps, European Conditions Mixed
The United States is beginning to underperform other developed countries as several economic indicators point to a slowdown. Earlier this week the United States Census Bureau reported retail sales...
Chinese Economy Loses More Momentum in April
China's targeted growth of 7.0 percent for the year may not occur as the economy suffers from weaker consumer spending, sluggish export growth, property decline and a lack of...
Greece Falls Back Into Recession, Bailout Payments Questionable
Greece has notoriously struggled economically since the global economy declined in 2008. To get struggling European nations back on their feet, the European Central Bank created a bailout program,...


