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Latest news about the state of the world economy.
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Brazil Missed Recession in 2014 by a Slight Margin
The Brazilian economy only grew 0.1 percent in 2014, barely keeping the country out of a recession. This marks the worst economic news for Brazil since 2009. Brazil may...
Weak Economic Growth in South Korea
Many know South Korea as one of the strongest economies in East Asia. They think of the wide array of Korean products in the electronics and auto markets as...
Russia Seeks Trade Opportunities in America’s “Back Yard”
Smarting from sanctions leveled by the US and other western nations after its actions in Crimea and the Ukraine, Russia has begun trying to woo Latin and South American...
GDP Grows 2.2%, Missing Expectations
The United States saw GDP growth of 2.2% in the fourth quarter of 2014, below expectations of 2.4% growth in a sign that the country’s economic recovery is stalling....
Oil Price Surges Five Percent in the Wake of Yemen Conflict
Investors are nervous as Saudi Arabia and other Gulf nations commence air strikes in Yemen to combat Houthi rebels. Many fear the battle could affect crude supplies going forward....
Are American For-Profit Colleges Facing Extinction?
American for-profit colleges are struggling financially. Several have shut their doors for good in recent years, and in 2013, nearly half of the debtors to default on student loans...
Palestinian Economy Plunges as Israelis Withhold Tax Transfers
The central bank governor of Palestine noted that the West Bank is undergoing tremendous economic damage in the wake of the Israeli decision to keep $130 million a month...
U.S. Durable Goods Plummet on Weakening Demand
Durable goods sales contracted in another sign that the U.S. recovery may be stalling. Despite expectations of growth, durable-goods orders fell by 1.4% in February—the third decline in the...
Russia and North Korea Discuss Strengthening Economic Ties
So, you are the leader of one of the world's most powerful nations but, over the last few years, have lost considerable support in the international community thanks to...
Canadian Economy Takes a Hit from Low Oil Prices
TD Bank predicts the Canadian economy will shrink in 2015 because of low oil prices. According to the report, the effects will be noticeable in the first few quarters,...


