WTO Warns of Growing Threat of Protectionism
The World Trade Organization slashed its forecast for trade global growth in 2013 on Wednesday, saying it feared protectionism was on the increase.
global economy
Lew Calls on Trade-Surplus Nations to Bolster Consumer Demand
Speaking in Berlin, U.S. Treasury Secretary Jack Lew on Tuesday urged countries with a trade surplus to introduce policies to help domestic consumption.
Obama's Goal to Boost Export Levels is Halfway Home
President Obama's five-year goal, set in January 2010, to boost U.S. export levels set is about halfway to its mark, but can the U.S. sustain the momentum?
Cyprus' President Appoints Judges to Investigate Economic Crash
Cyprus' president has appointed a panel of three former supreme court judges to investigate how the country ended up nearly bankrupt.
Eurozone Joblessness Rises to a Record 12%
Unemployment across the 17 European Union countries that use the euro has struck 12 percent for the first time since the currency was launched in 1999, official figures show.
Top 10 Business Stories of 2012
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?
An Epic Week Ahead For The Global Economy
For the US, the week may not really begin until Tuesday, but starting Monday night it's going to be an epic week for the entire globe. Here's why.
Wall Street Plays a Risky Game, Again
Taking note of the Dow's progress, The Wall Street Journal recently called its performance "eerie ... calm ... too quiet." Indeed, if things keep going at the rate they have been going so far, we're on track for the stock markets to gain more than 50% this year. Dow 18,000, anyone?
Now Creating Jobs in America: Emerging Markets
Beware of the constant metaphors used to frame the world economy as if it were a war or zero-sum competition. Investors should remember that economies cooperate as much as they compete on the world stage. The current U.S. manufacturing boom is a case study.
Will the Economic Recovery Slide on $90 Oil?
As crude prices keep inching upward, the threat to both the U.S. and global economy is clear. While OPEC says don't blame us, the Interational Energy Agencys says: "This is a wake-up call to the oil-consuming countries and to the oil producers."
Why Japan Is Rushing to Aid Europe: It's All About China
World markets got a boost this week from Japan's pledge to help overly indebted EU nations. What's behind Japan's move? Sure, the spirit of global cooperation is part of it. But much more significant is Tokyo's need to keep pace with Beijing in the influence game.
Is the Global Economy
Rolling Over?
The recent tremors in the markets may have deep roots. As investors are becoming aware, there is growing evidence that the economy is slowing down in Europe, Asia and the U.S. Here's a look at some of the key data.
China Considers How to Keep Food Prices Down
As investors sell on fears that China might raise interest rates, the country's top economic official says a plan to rein in double-digit growth in food prices is coming soon.