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| India's economic growth to quicken in 2013: OECD Reuters PARIS (Reuters) - India's economic growth is likely to rise to more than 7.5 percent in calendar year 2013 but continued government policy uncertainty could erode the country's longer-term growth prospects, the OECD said on Tuesday. See all stories on this topic » | ||
| German economy succumbs to euro gloom Reuters By Annika Breidthardt | BERLIN (Reuters) - German business sentiment collapsed in May and the manufacturing sector shrank as turmoil in the euro zone unsettled firms, threatening to end the immunity of Europe's largest economy to the troubles ... See all stories on this topic » | ||
| GLOBAL ECONOMY-Europe's slump deepens, US, China lose momentum Reuters In Europe, a downturn that started in smaller states on the euro zone's periphery is now taking root in the core countries of Germany and France, where tepid growth had been the main ballast of support for the euro area economy. See all stories on this topic » | ||
| Euro-Zone Economic Contraction Deepens Wall Street Journal By ALEX BRITTAIN LONDON—Concerns over the future of the euro deepened Thursday on more evidence of policy inertia and a fresh spate of dire economic data that showed some of the remaining supports for business activity in the 17-country euro zone ... See all stories on this topic » | ||
| South Korea economy to pick up but at slower pace: OECD Reuters PARIS (Reuters) - South Korea's economy will gather pace over the coming quarters and the country's central bank will need to raise interest rates to keep inflation within its target, the OECD said in a report on Tuesday. See all stories on this topic » | ||
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| RI economic officials meet with Schilling on troubled company; gov says firm ... Washington Post The founder of 38 Studios — which got a $75 million loan guarantee from the state in 2010 — met behind closed doors with Chafee and the state's economic development agency. Chafee said last week the company had asked the board for more assistance to ... See all stories on this topic » | ||
| World Bank says Asian economies need to boost domestic demand to offset weak ... Washington Post BEIJING — East Asia's developing economies could face a shock from China's slowdown and need to boost domestic demand to offset weak exports due to a sluggish US recovery and Europe's debt crisis, the World Bank said Wednesday. See all stories on this topic » | ||
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| Euro crisis imperils recovering global economy, OECD warns Los Angeles Times Most major economies are enjoying growth and recovery after four years of turmoil but the improvements are uneven and the Eurozone crisis could spill outside Europe "with very serious consequences for the global economy," the Organization for Economic ... See all stories on this topic » | ||
| GLOBAL MARKETS-Economy, Greece worries weigh on stocks Reuters There was, nonetheless, some upbeat economic news. German consumer morale held steady going into June while Chinese exports showed signs of recovery in early May, countering dire recent data that suggested Europe's growth engine was no longer immune ... See all stories on this topic » | ||
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| Israel 2012 Economic Growth Forecast Increased by OECD to 3.2% Bloomberg The Organization for Economic Cooperation and Development raised its 2012 economic growth estimate for Israel while cutting its projection for next year. The OECD increased its forecast to 3.2 percent, in line with the Finance Ministry's prediction, ... See all stories on this topic » | ||
| Fresh Data Show Europe's Economic Prospects Dimming New York Times PARIS — Economic reports Thursday showed Europe's prospects dimming, as the long battle to defend the euro zone continues to undermine confidence, risking a renewed cycle of austerity demands. The relentlessly bleak data reflected weakness across the ... See all stories on this topic » | ||
| Swiss economy to pick up, rates may rise in 2013 -OECD Reuters OECD sees growth of 0.9 pct in 2012, 1.9 pct in 2013 * CPI expected at -0.5 pct in 2012, 0.1 pct in 2013 * OECD says policy rates could rise in 2013 * Leverage rules for big banks need tightening-OECD PARIS, May 22 (Reuters) - The Swiss economy is ... See all stories on this topic » | ||
| RI economic agency meeting with Schilling BusinessWeek By ERIKA NIEDOWSKI Former Red Sox pitcher Curt Schilling is meeting with Rhode Island's economic development agency on the finances of his troubled video game company. Schilling and the Economic Development Corp. board began a closed-door briefing on ... See all stories on this topic » | ||
| China's Cabinet vows stepped up effort to reverse economic slowdown, encourage ... Washington Post BEIJING — China's Cabinet promised Wednesday to step up efforts to reverse a steep slowdown in the world's second-largest economy and said it would encourage private investment in energy and other state-dominated industries. See all stories on this topic » | ||
| Obama still flunking China economic policy test MarketWatch Judging by the marks they've given themselves for dealing with the economic threats posed by Beijing's predatory policies, they'd award straight As even to the sorriest failures. The latest example of their China policy grade inflation came right after ... See all stories on this topic » | ||
| IMF calls on UK to do more to boost economy BusinessWeek The International Monetary Fund has issued a tough assessment of UK economic policy, urging the coalition government and Bank of England to do more to boost demand in the economy. The IMF's report of its latest consultation with British authorities ... See all stories on this topic » | ||
| German economy shrugs off recession fears in first quarter Reuters BERLIN (Reuters) - The German economy grew by 0.5 percent in the first quarter on a bounceback in exports, confirming the strength of Europe's largest economy so far but also sounding a warning about potential vulnerability to further euro zone turmoil ... See all stories on this topic » | ||
| Great economic engine of China is sputtering San Jose Mercury News By Keith Bradsher XI'AN, China -- A nationwide real estate downturn, stalling exports and declining consumer confidence have produced what a senior Chinese government expert labeled on Thursday as a "sharp slowdown in the economy. See all stories on this topic » | ||
| German Exports Drove Economic Growth of 0.5% in First Quarter Bloomberg Germany's economic expansion in the first quarter was driven primarily by exports, a detailed breakdown of the data shows. Exports rose 1.7 percent from the fourth quarter of 2011, the Federal Statistics Office in Wiesbaden said today. See all stories on this topic » | ||
| Greek Economy to Shrink More Than 5% This Year, OECD Says Bloomberg Greece's economy will shrink more than the government expects in 2012 and 2013 even if it makes all structural changes laid out under the country's bailout, the Organization for Economic Cooperation and Development said. Gross domestic product will ... See all stories on this topic » | ||
| RI agency in flux after Schilling company falters Boston.com PROVIDENCE, RI (AP) — Rhode Island's economic development agency was in disarray Friday as the state reeled from the financial troubles at former Red Sox pitcher Curt Schilling's video game company and questions mounted over whether the state ... See all stories on this topic » | ||
| RI economic agency meets with Schilling BusinessWeek By ERIKA NIEDOWSKI Curt Schilling met with Rhode Island's economic development agency Monday night to discuss the finances of his troubled video company, and the former Red Sox pitcher said afterward there is misinformation circulating about the ... See all stories on this topic » | ||
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| In Ratings on Economic Interests the 2012 Battle Lines are Drawn ABC News (blog) These sentiments in the latest ABC News/Washington Post poll stake out the field of play in the 2012 election, dominated as it is by the public's economic concerns. On one hand, it's an achievement that Romney, even while tagged as the protector of the ... See all stories on this topic » | ||
| Oil Sanctions Take Economic Toll, Syria Says New York Times Sanctions against Syria's oil industry are taking a substantial toll, draining $4 billion from the country's economy so far and causing widespread fuel shortages, a top official of the embattled government of President Bashar al-Assad said Wednesday. See all stories on this topic » | ||
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| Job, economy fears mix with hope for Class of '12 BusinessWeek By SHARON COHEN It's a time when hope collides with economic reality, when the relief of that last class and the thrill of holding that diploma give way to the next big step -- finding a job. For the Class of 2012, the optimism of graduation is clouded ... See all stories on this topic » | ||
| R.I. economic board reviews Curt Schilling company crisis Boston Herald Lincoln Chafee and state economic officials met behind closed doors again this evening to discuss the financial crisis at Curt Schilling [stats]'s video game company. "There's so much misinformation out there I cannot begin to clear it up with a sound ... See all stories on this topic » | ||
| RI gov: Schilling company again in violation BusinessWeek Schilling's 38 Studios laid off its entire workforce Thursday after missing its last payroll and defaulting on a $1.1 million payment to the state Economic Development Corp. It later made the payment. The company was lured to Rhode Island from ... See all stories on this topic » | ||
| China to boost private energy investment to bolster economy Reuters Separately, China's economic planner announced about 100 new projects, mostly in the energy sector, on Monday alone, a number roughly equal to the total approvals announced in the first 20 days of May, the 21st Century Business Herald said on Wednesday ... See all stories on this topic » | ||
| Economic ripples feared as China's output slows sharply Salt Lake Tribune Concerns » The economy still expands, but construction workers are losing jobs and retail sales grow at the slowest pace in more than three years. By KEITH BRADSHER Xi'an, China • A nationwide real estate downturn, stalling exports and declining ... See all stories on this topic » | ||
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| Eurozone's Economic Slump Deepens Fox Business The shadows being cast over the global economy darkened this month as the euro zone's private sector declined further and China's once-booming factories faltered, business surveys showed on Thursday. Worryingly for European policymakers, ... See all stories on this topic » | ||
| Europe Manufacturing Shrinks, German Confidence Drops: Economy BusinessWeek By Simone Meier on May 24, 2012 European manufacturing and services output dropped in May, German business confidence declined and Britain's first-quarter contraction was deeper than previously estimated as the region's economic slump worsened. See all stories on this topic » | ||
| Indian economy 'resilient enough' to overcome crisis New York Daily News May 24--NEW DELHI (The Statesman/ANN) -- Amid declining value of rupee and rising inflation, Indian finance minister Pranab Mukherjee today said the Indian economy is resilient enough to overcome challenges and the government will make efforts to ... See all stories on this topic » | ||
| OECD Says Tackle Gender Gap to Boost Economic Growth Bloomberg The Organization for Economic Cooperation and Development urged member nations to reduce gender inequalities, arguing that greater educational and career opportunities for women will bolster global growth. Female workers today still earn 16 percent ... See all stories on this topic » | ||
| Rhode Island agency in flux after Schilling company falters Boston Herald By AP PROVIDENCE, RI — Rhode Island's economic development agency was in disarray today as the state reeled from the financial troubles at former Red Sox [team stats] pitcher Curt Schilling [stats]'s video game company and questions mounted over ... See all stories on this topic » | ||
| GLOBAL MARKETS- Weaker euro zone economy sends dollar higher Reuters Private-sector factory activity in China also faltered in May as demand for exports fell, in a worrying sign the impact of the euro zone crisis could be undermining the global economic recovery. Europe is China's largest export market. See all stories on this topic » | ||
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| What would Greek exit mean for the US economy? Reuters By Stella Dawson | WASHINGTON (Reuters) - Uncertainty over the fate of the euro currency is already dampening US economic growth and any significant worsening of the crisis would deal a blow to a recovery that is gradually gathering steam. See all stories on this topic » | ||
| New data add to worries about European economies Los Angeles Times LONDON -- With European leaders squabbling over how to revive their withering economies, new market indicators Thursday showed the steep challenge they face, including signs that even powerhouse Germany may be heading for trouble. See all stories on this topic » | ||
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| OECD sees euro crisis threatening world recovery Reuters OECD sees world economy growing 3.4 percent in 2012 * Euro zone marked by diverging growth trends * ECB may have to take further action on debt crisis By Leigh Thomas PARIS, May 22 (Reuters) - The United States and Japan are leading a fragile economic ... See all stories on this topic » | ||
| Asian Shares Mixed On Weak China Data, Europe Worries Wall Street Journal Many indexes in Asia started slightly higher in early trading, but the latest economic data from China damped an already subdued mood, pulling Australia's S&P ASX 200 and the China Shanghai SE Composite into negative territory. See all stories on this topic » | ||
| Asian stock markets muted as Europe financial crisis festers, China economy slows Washington Post BANGKOK — Asian stock markets struggled for firm footing Friday as investor nerves were tested by fizzling economic growth in China and the lack of a concrete plan to pull Greece back from the brink of bankruptcy. Media reports that some of China's ... See all stories on this topic » | ||
| World Bank cuts China forecast, urges measured policy Reuters By Koh Gui Qing | BEIJING (Reuters) - The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift ... See all stories on this topic » |
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