Wednesday 25 December 2024
 
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World Economy

US anti-trade shift would hit world economy

The more protectionist trade policy being pushed by US presidential candidates could lead America to renege on global trade agreements and deal a blow to the world economy, Mexico's economy minister said on Monday. While not n

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IMF warns of global stagnation risk

The International Monetary Fund cut its global growth forecast for the fourth time in the past year on Tuesday, citing China's slowdown, persistently low oil prices and chronic weakness in advanced economies. The Fund, whose s

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World economy on steady course: poll

The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed. Growth in the US, the wor

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Better year ahead as world economy recovers

A much better year lies in store for most of the world's major developed economies, although weak inflation will persist, complicating central banks' ability to get interest rates back to normal, Reuters polls forecast on Thursday.

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Evaporating inflation, elusive growth

Janet Yellen is expected to get the final political nod in the next couple of weeks to chair the US Federal Reserve. So when she signalled in congressional testimony last week that the US economy was still in need of easy money, i

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Oil price level not harmful to world economy: Opec

The current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr

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Oil price level not harmful to world economy: Opec

The current level of oil prices is not harmful to the global economy and on the contrary supports energy investments, the secretary general of oil exporting group Opec said on Thursday. Oil prices have averaged about $110 per barr

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World economy 'at crossroads'

  The world economy is at a crossroads, with every major region of the world at a potential turning point, according to a new report.   Deloitte’s newly-released Global Economic Outlook Q4 201

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World economy 'to trudge on in 2012'

Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the US should at least keep the world economy moving in the right direction. There are several reasons why next yea

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Factories stalling worldwide; China joins in

Manufacturing activity is contracting across Europe and most of Asia, data showed on Thursday, and a Chinese official declared that the world economy faces a worse situation than in 2008 when Lehman Brothers collapsed. Factory activity shr

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