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Latest news about the state of the world economy.
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Indonesia’s Widodo Faces Mounting Pressure over Economic Performance
When he took office as President of Indonesia, Joko Widodo vowed to lift the largest economy in Southeast Asia to 7 percent average annual growth during his five-year term....
China Cuts Interest Rates for Third Time since December
China has cut interest rates for the third time in just six months as the country struggles with falling growth rates. The People’s Bank of China cut interest rates...
Argentina Economy Expected to Show Slight Growth for 2015
Argentina's economy shows slight improvement as more investors buy up the nation's debt and become more bullish on Argentine stocks. The election process is set to take place in...
Conflicting Desires: Strong Dollar Actually Hurting US Economy
For many Americans, the value of the dollar in trade terms is a point of pride. Older generations remember a time when they could buy things for a fraction...
UK Conservative Victory Portends Deregulation
A decisive victory by the Conservative Party in Great Britain may portend greater cost cutting to social services and lower corporate taxes for the UK. While the Conservatives gained...
Indian Businessman Believes India Will Become the Largest Economy by 2050
Godrej Group chair Adi Godrej believes that India's current government can lead India in becoming the world's most powerful economy. Godrej believes now gone regulations hampered India’s progress. Godrej...
Denmark Announces Plans to Start Doing Away With Cash Transactions
The Danish government announced plans to remove legal requirements that certain vendors must accept cash. The plan would allow gas stations, clothing stores, and restaurants to stop accepting cash...
Indonesia Interest Rate Conundrum as Slowdown Looms
Indonesia’s independent central bank is struggling to maintain its tight monetary policy to combat rising prices. Bank Indonesia Governor Agus Martowardojo has maintained that the country needs a high...
Nigeria Borrows More Money to Pay Bills
Nigeria remains in a tight spot as low oil prices force officials to burn through borrowing reserves to pay salaries. Nigeria derives 80 percent of its income from oil...
More Odd Behavior Leads Economists to Ask, “Has the Recovery of the US Economy Stalled?”
Since the US economic recovery began, following the "Great Recession" of 2008, things have been slow but steady. That is, they were until the first quarter of 2015. A...


