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Latest news about the state of the world economy.
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New Zealand Economy Presses on Despite Minor Setbacks
New Zealand's construction boom is a primary factor that is keeping the country out of economic recession. New Zealand has outpaced all other Organization for Economic Cooperation and Development...
What Will Nuke Deal Mean for Iranian Economy?
Last week saw an accord reached between the P5+1 and Iran regarding the latter's nuclear programs. Part of the agreement included lessening sanctions imposed against the nation that have...
Pressure Grows on China amid Weak Economic Forecast
According to analysts’ predictions, the Chinese economy may have grown seven percent in the first three months of 2015, the lowest expansion in six years. Trade and investment fell...
World Economy to Experience Slowing Growth, IMF Report Says
Many Americans tend to think of the Great Recession as a uniquely American experience. However, it had repercussions on economies around the world and led to a global financial...
The Week in Review: Spending Falls, Investment Rises in China and U.S.
Weak fundamental data and rising savings and investment rates in the U.S. and China indicate recent trends towards economic improvement might be reversing. American consumers are spending less and...
Singapore Economy Narrowly Averts Contraction in Q1
Singapore's economy grew only .05 percent in the first quarter of 2015. This is very weak by Singaporean standards, especially when compared to the 4.9 percent expansion in the...
Australian Central Bank Maintains Interest Rate, Warns of Worsening Economic Outlook
Australia is in the midst of an economic crisis, as it has some of the highest unemployment in decades and the price of iron ore (Australia's chief export) is...
Hong Kong Equities Soar as Cash Flees Mainland
Hong Kong’s stock market rose to a 52-week high as more Chinese investors move money out of mainland markets where assets are considered higher risk. The Hang Seng index...
Russia Turns to the UAE for Economic Progress
Russia is looking to establish a stronger business relationship with the United Arab Emirates in order to get an economic boost. Russian President Vladimir Putin seeks to save his...
How Low Oil Prices Negatively Affect Recycling
Over the last several decades, recycling has grown into an extremely prominent industry, not just in the United States, but also around the world. However, economics realities impact "feel...


