Latest in Tag: world economy Highlight
Latest in Tag: world economy
Opinion| China’s contribution to world economic recovery
The past year was marked by the sudden onslaught of the novel coronavirus (COVID-19) pandemic. The world economy has been plunged into the worst recession since the end of World War II, and a cold wave of severe recession has been seen with global challenges emerging one after another.
Women’s economic empowerment to lead to world economy increase by 26%: Nasr
The minister said that the ministry allocated 50% of grants of SMEs to the neediest women
Japan’s upper house race likely to shape constitution reform moves
Japanese voters are set to cast their ballots this weekend to elect a new upper house of parliament. And PM Shinzo Abe’s ruling party is expected to secure a big victory. Martin Fritz reports from Tokyo.
Iran snubs oil giants, but optimism prevails
All eyes were on Iran as international leaders and global markets alike root for an end to the flood of cheap oil that’s wreaking havoc on the world economy. But Tehran has stopped short of providing relief.
World finance chiefs fall short on growth plan
Voicing concern that the Ukraine crisis could hurt the world economy
Mood of ‘cautious optimism’ on world economy reigns at Davos
The US economy is slated to grow faster than 3% this year and next year, he said, while Europe is “finally recovering.”
GE sees LatAm, Middle East outpacing Asia in 2012
By Jeb Blount / Reuters RIO DE JANEIRO: General Electric Co expects its sales growth in resource-rich countries in Latin America and the Middle East to outpace that in China and Asia, which has been a major focus for the largest US conglomerate. The world’s biggest maker of jet engines and electric turbines has stepped up …
G20 alert to economic threat from rising oil prices
By Michael O’Boyle and Glenn Somerville / Reuters MEXICO CITY: The world’s leading economies said on Sunday they were “alert to the risks of higher oil prices” and discussed at length the impact that sanctions on Iran will have on crude supplies and global growth. Finance ministers and central bankers from the Group of 20 said in …
IMF sounds warning for global economy on rising oil
By Reuters MEXICO CITY: The International Monetary Fund flagged higher oil prices as a rising threat to the global economy on Friday, urging policymakers to keep a close eye on western tensions with Iran, which is facing punitive measures against its crude supplies. Looming US sanctions on Iran’s oil buyers, as well as an impending …
Good and bad deficits
By Robert Skidelsky LONDON: “Deficits are always bad,” thunder fiscal hawks. Not so, replies strategic investment analyst H. Wood Brock in an interesting new book, The American Gridlock. A proper assessment, Brock argues, depends on the “composition and quality of total government spending.” Government deficits incurred on current spending for services or transfers are bad, because …