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The Organization for Economic Cooperation and Development said Europe’s debt crisis risks spiraling and seriously damaging the world economy. “The risk is increasing of a vicious circle, involving high and rising sovereign indebtedness, weak ...
May 22, 2012 at 08:29 | Source: Businessweek
Meanwhile, the United States, the world's largest economy, is trudging along at a mediocre pace. "You've got a combination of troubles in Europe and a deceleration in the emerging world," said Nariman Behravesh, chief economist at IHS Global ...
May 25, 2012 at 11:32 | Source: Los Angeles Times
CAMP DAVID, Md. — U.S. President Barack Obama welcomes Canada’s prime minister and five other world leaders today to this bucolic presidential retreat as he kicks off two international summits. Prime Minister Stephen Harper joins the leaders of the UK ...
May 17, 2012 at 23:58 | Source: Calgary Herald
Thirty seven years ago as the world grappled with a major economic crisis, leaders of six of the world's biggest economies gathered in France. "The biggest problem is the emphasis on growth and that's the way it's been ... and the G8 epitomises ...
May 19, 2012 at 13:47 | Source: Aljazeera.com
Remember April 2011? The markets were doing quite nicely. The benchmark Sensex index on BSE had closed the month at 19,135 points. On 29 April 2011, the MSCI World Index was at 1,388 points. The global economy was recovering smartly. The JP ...
May 6, 2012 at 14:17 | Source: Livemint.com
The Old World’s worries are not necessarily bad news for the New World’s economy — at least in the short term. While a total economic and financial meltdown in Europe would pose trouble for the U.S., right now Americans are getting a big ...
May 25, 2012 at 00:47 | Source: Washington Times
In a recently released report, the UN points out that Asia and the Pacific face a year of slow growth as demand for exports declines and capital costs rise. At the same time, the UN asserts that it will remain the fastest-growing region globally ...
May 15, 2012 at 05:31 | Source: Jakarta Post
Unzipping the Digital World is a new book by Keith Willetts that captures a lifetime of his experience in the communications and software world and gives an eye-opening view into how the rapidly evolving digital economy is permanently changing ...
May 23, 2012 at 03:34 | Source: Help Net Security
UNITED NATIONS, May 17 (Xinhua) -- Nassir Abdulaziz Al-Nasser, president of the UN General Assembly said here Thursday that in the aftermath of the global economic crisis, the world economy is at an important stage. His statements came as he spoke at the ...
May 17, 2012 at 20:09 | Source: Xinhua News Agency
New York: The world's wealthiest people lost a combined $1.5 billion (Dh5.51 billion) last week as concerns about Greece's potential exit from the euro area and Spain's finances pushed the euro below $1.25 for the first time since July 2010. Facebook Inc ...
May 27, 2012 at 20:05 | Source: Gulf News