Feeds
From money managers in the United States to garment makers in southern China, the business world is fixated on Europe's debt crisis.
In a July 26 story about wealthy countries dealing with debts and strained budgets, The Associated Press referred incorrectly to economist Carmen Reinhart's professional affiliation. Reinhart works for the Peterson Institute for International Economics.
Rich countries like the U.S., Japan and Britain need to move quickly to get their deficits under control, the head of the European Central Bank said Monday.
The United States is outpacing most rich countries in economic growth. But the U.S. job market is far weaker. How the Group of Seven wealthy countries rank in growth and job creation since the Great Recession began at the end of 2007:
The International Monetary Fund says Europe needs to do more to wean its banks off crisis support measures or risk more financial turmoil and a prolonged period of weak growth.
The International Monetary Fund says the Middle East and North Africa region is recovering strongly following the global financial meltdown, with sizable stimulus packages and continued strength in oil prices supporting the rebound.
China is doing what it can to expand domestic demand and rebalance its economy, President Hu Jintao said Friday, calling for renewed efforts to improve international financial oversight to prevent future crises.
Finance ministers from the world's seven most developed economies may not even issue a joint communique when they meet in Istanbul this weekend, a senior U.S. Treasury official said Wednesday.
The top industrialized nations met in Pittsburgh to discuss ways to head off another financial collapse. But don't expect any major progress. By msnbc.com's John W. Schoen.
Treasury Secretary Timothy Geithner said Tuesday that the global recession is easing but serious risks remain to a prolonged recovery.
With the value of the dollar jumping up and down against other countries' currencies, what if the world just agreed to use the same currency? It sounds like a simple idea But like many simple ideas, it would come with all kinds of unintended consequences.
President Barack Obama says there's no way to fix the U.S. economy without open markets and coordinated actions with other governments.
Treasury Secretary Timothy Geithner will urge America's major allies to take bold actions to deal with the global economic crisis, a senior Treasury official said Wednesday.
Friday's dismal employment report underscores the urgent need for President-elect Barack Obama to act quickly to get the economy back on track. But as the devastating economic downturn gains momentum and spreads around the globe, there is a growing concern that any actions under the new administration will have little impact in the short term.
World economic growth will slow significantly in 2008 but the U.S., whose housing downturn is rattling global financial markets, will avoid recession, the International Monetary Fund forecast Tuesday.
Russian President Vladimir Putin on Sunday criticized international economic institutions for protecting the interests of a select few developed countries and called for a new global economic order that would give rapidly growing developing economies a bigger role.
Revealed – the capitalist network that runs the world - physics-math - 19 October 2011 - New ScientistThe Core of Framework Global Economical Power.1318 supranatioanl Corporations overwhelm most Countries Worldwide.
Reading the Tea LeavesWednesday's business news revealed some unnerving developments: Crude oil prices are tumbling. Corporate executives are uneasy about Eurozone problems. Eastern European countries are shying away from helping Western European countries. The euro is under pressure. T …
By now, you’ve heard that peaceful UC Davis protesters were brutally sprayed right in the face with pepper spray. Professor Nathan Brown of UC Davis notes in open letter to Chancellor Linda P.B.
Where Is The ECB Printing Press? - Seeking Alpha1 First, for the record, the European issue is not a crisis of confidence, as Merkel and Sarkozy, et al., keep telling us. It is structural. And until the structural issues are dealt with, the problems will not be solved. 2
The Network Effect - a web documentary seriesThe first of six episodes opens in rural Costa Rica
Obama -- Don't Bring Back Class WarfareBarack Obama is careening down the wrong path towards re-election. He should be working as a president, not a candidate. He should be claiming the vital center, not abandoning it. He should be holding down taxes rather than raising them. He should be mastering the global econ …
Europe's debt crisis prompts central banks to provide dollar liquidity | Business | guardian.co.ukFears of a deepening of Europe's debt crisis have prompted the world's leading central banks to pump US dollars into the financial system, in a co-ordinated action designed to boost market confidence. The Bank of England joined the US Federal Reserve, the&nbs …
Lower oil prices may hinder Russia's growth - September 14, 2011clipped from article:
7:10: "America doesn't care about politics [within Congress]." True, true. 7:11: "The question tonight is whether we can stop the political circus and do something about the economy:\" Well said. 7:12: He seems like he is staying on top of the game and congress: "You sh …
IATP | Think Forward: G20 Agricultural Spec Reports: Containment of Corruptionvolatile markets Grain Tomorrow the first ever summit of G-20 Agriculture Ministers will take place in Paris. The French government is to be commended for the initiative.
This Way Down (to a Debt Crisis) - Scenario Reviews - Committee for Economic Development, 2011What will happen if the United States continues to ignore the size and growth of the national debt? That is the question explored by a new CED report.
Perry pans Obama's jobs policies as 'dumb' - The Hill's Blog Briefing RoomBy Michael O'Brien - 08/30/11 04:32 PM ET Texas Gov. Rick Perry (R) said Tuesday that it is the administration's jobs policies, and not Rick Perry, that's dumb.
A Look at Job Creation | C-SPAN - The Direct Link to CED Panel Discussion already in Column: Austan Goolsbee Chaired June 2011OUTSTANDING. *2.0 hour video w/ panel Committee on Economic Development, seeded in my column earlier- this link takes you directly to C-SPAN vs the earlier PDF, McKinsey Report 2011 Job Creation, and policy development.
An Economy That Works: Job Creation and America's Future- Austan Goolsbee Chaired- Committee for Economic Development l June 2011 An Economy That Works: Job Creation and America's Future Friday, 10 June 2011 Austan Goolsbee, Chairman, Council of Economic Advisers On June 10th, 2011, The Committee for Economic Development hosted An Economy That Works: Job Creation and America's Future, a lunch-time forum t …
Jobs and US economic recovery: A panel discussion - McKinsey Quarterly - Economic Studies - Productivity & PerformanceExcellent Discussion - Interactive Panel Link & PDF Transcript file
Jobs and US economic recovery: A panel discussion - McKinsey Quarterly - Economic Studies - Productivity & PerformanceA key finding of recent research by the McKinsey Global Institute (MGI) is that the US economy has been experiencing increasingly lengthy “jobless recoveries” from recessions in the past two decades.1 It took roughly 6 months for employment to recover to prerecession …
Gold hits record high of $1,900 on global growth fearsThe price of gold has crossed $1,900 per ounce mark for the first time on growing concerns about a slowdown in the global economy.
5 Reasons Capitalism Has FailedWe live in interesting times. The global economy is splintering. U.S. voters hate all politicians and there's political unrest throughout the world.
A Symptom of Desperation? Querying QE3 » New Deal 2.0Why quantitative easing is more symptom than cure. When an economy is in a slump and the fear of debt overhang and default surrounds us, there is a tendency to tighten our belts. But these actions only serve to deepen the slump.
How America Could Collapse In the last few years, economists have spent a lot of time and energy thinking about bank runs. A bank run happens when depositors think a bank is weak and scramble to get their money out before it collapses.
South Korean Broker Jumps to Death Over Losses - 48-year-old sent text apologizing before killing himselfThe global markets turmoil claims a victim: A South Korean stockbroker committed suicide today after apparently suffering heavy losses, reports the AP.
Head of top China credit rating agency says dollar on its way outWhen the head of a credit ratings agency in the country that holds most of your debt says your currency is in danger of being "discarded" by the world, you should probably listen.
Most peaceful states and least peaceful states in nation named! Study says a more peaceful nation has a better economy.An interesting idea. But the states at the bottom of the list won't be happy.
Americans Suspicious of Major Deal Between BP and RosneftBritish Petroleum, key supplier of the US military, has signed a deal with Russian-owned Rosneft, leaving some Americans in Washington out of the loop.
U.S. hard-pressed to stem domestic R&D lossesPresident Obama's proposal to boost the research tax credit for businesses is widely seen as necessary to bolster American competitiveness in the global economy.
Log In | Register