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Latest news about the state of the world economy.
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Portuguese Economy Makes Progress in the First Quarter
Portugal's economy expanded 0.4 percent compared to the last quarter, but analysts expected higher growth of 0.5 percent. Portugal owes its growth to higher domestic demand and exports. The...
Study Suggests US GDP Strangled by Overly High Rents
Anyone who has looked at the cost for rent in New York, San Francisco, and similar cities knows just how expensive it can be to live in these towns....
U.S. Suffers Weak Retail Sales, Leads to a GDP Forecast Downgrade
Retail sales failed to rise in April, causing the Federal Reserve to lower its GDP forecast as Americans are slow to spend and stimulate the consumer-driven economy. Retail sales...
France’s High Unemployment May Keep Hollande Out of the Next Election
France's economy grew at its fastest pace in two years, receiving a boost from production and consumer spending, while benefiting from low oil prices. Industrial production was its strongest...
Can Ugandan Slaughterhouses Become Model for Green Industry?
Like many East African nations, Uganda has made huge strides in recent years by developing and expanding its agricultural processing facilities. This is part of a plan to enhance...
French Growth Accelerates, Germany Slows, and English Headwinds
France GDP grows 0.6% in first quarter of 2015, above estimates of 0.4%. Lower oil prices and a weaker euro helped exports, driving a higher growth rate than the...
Bank of America Offers Its Two Cents on Conditions Affecting American Economy
Bank of America, the second largest bank holding company in the United States, and the 23rd largest company in the world in 2015 according to Forbes, knows a few...
Swiss Economy Defies Doomsday Predictions
Despite dire warnings from Swiss corporations, Switzerland's economy continues to excel. The Swiss business community and various analysts warned of drastic economic decline when the Swiss National Bank lifted...
South Korea Sees Signs of Economic Recovery
After nearing a recession as growth slows and exports slide, South Korea is seeing hints of an economic recovery. According to South Korea’s Finance Minister, industrial output, consumption, and...
German Manufacturing Output Weakened in March
German manufacturing fell 0.8 percent in March compared to February, and output amended at seasonal and inflationary levels amounted to a 0.5-percent fall in March, according to a report...


