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Latest news about the state of the world economy.
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EU Accuses Gazprom of Abuse
The European Union has accused Russian gas giant Gazprom of anticompetitive practices as the EU issues formal charges against the firm. In a further sign of intensifying tension between...
Top Ten Countries for Investing: Summer, 2015
Bretton Woods (BWR), a research firm based in New Jersey, released a report in March 2015 detailing the countries with the best options for investors for the next three...
Russian Consumer Confidence Plunged in March
Consumer confidence fell to -32.3 in the first quarter of 2014, a 14-point drop. Many Russians feel the sting of inflation, a weakened ruble and sanctions. Consumer confidence fell...
Thailand Sees Weak Growth, Trade
One of the largest Southeast Asian economies is weakening as trade slows and labor shortages hinder growth. Thailand is likely to see 3.6% GDP growth in 2015, according to...
Can Ethiopia’s “Economic Miracle” Continue?
In the 1980's, television shows featured constant interruptions by celebrities asking for donations to feed the starving in Ethiopia. Beset by famine, drought, and civil war, Ethiopia was a...
Turkish Opposition Vows Economic Reform in Upcoming Election
Republican People's Party (CHP) opposition member Kemal Kilicdaroglu pledges to boost income for working people, reform welfare and create an atmosphere of economic growth as the economy spirals downward....
China Fights Stock Bubble, Shares Drop
China instituted new financial reforms to battle a surging stock bubble that many analysts fear will burst at any minute. The China Securities Regulatory Commission said last Friday that...
The Health of the World’s Real Estate Markets
The world has divided into two camps as far as housing and real estate are concerned. In one camp, nations that have found a way to grow their real...
Indonesia Set to Become Trillion-Dollar Economy in Two Years
Indonesia will become Asia's next trillion-dollar economy, joining the ranks of South Korea, Japan and China. The economy is set to grow at an annual 5.4 percent from 2016...
The Week in Review: Global Growth Slashed, U.S. Indicators Weak
Global growth expects to slow in 2015 while the U.S. is seeing a rise in unemployment claims and disappointing indicators from the retail industry and small businesses market wide....


