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Latest news about the state of the world economy.
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Peruvian Economy Shows Disappointing Results
Peru’s economy grew 0.94 percent in February, while shrinking 0.3 percent that same month. The economy retracted from a previous expansion of 1.68 percent in January. The figures fell...
Is China’s New Silk Road Plan Destined to Fail Before it Begins?
Beijing has announced ambitious plans to unite countries along the historic Silk Road corridor and around the world via maritime routes through a trade alliance. However, the plan has...
Draghi Remains Bullish on QE
The European Central Bank remains committed to expanding the euro monetary base, as its president affirms its policy is improving European economies. The European Central Bank remains committed to...
Greece Narrowly Avoids Defaulting on Debts, Faces New Challenges in Financial Crisis
Greece avoided a default in the first week of April 2015 when it successfully paid 450 million euros to the IMF. However, the coming weeks see several more loan...
India becomes Fastest Growing Economy
India is not only growing faster than China, but also every other major market in the world. India is on pace to outgrow China’s 7.5 percent growth rate in...
Retail Sales Disappoint, Small Business Indicators Weaken
Small businesses are turning gloomy and retail sales growth fell short of estimates, indicating the U.S. economy may be weakening. According to a new report by the Census Bureau,...
Legalization of Marijuana about More than Just Economics
Colorado has famously legalized marijuana in what many consider a grand experiment regarding legitimate drug sales. Moreover, by many accounts, it is a resounding success. However, the legalization of...
Economy Takes Center Stage in Scottish Election
Representing a stark contrast between the parties, the Scottish National Party (SNP) stressed the importance private sector reforms, while the Scottish Labour Party promises an end to austerity. The...
World Bank Slashes Asia Growth Forecasts
Global economic growth is going to disappoint previous expectations, according to a new report by the World Bank. In a move some economists were expecting, the World Bank slashed...
China, India Signal Global Economic Slowdown
Economic data from China and India suggest global demand has halted and economic activity may decline further in the future. In China, exports fell by double digits in March,...


