POLITICAL ECONOMY

News About The Global Economy

1,238 articles

French environment minister sacked for criticising budget
Jul 02, 2013 (AFP)
French President Francois Hollande on Tuesday sacked his environment minister Delphine Batho for describing this year's belt-tightening budget as a "bad" one fo...
Walker's World: A British revolution?
Jul 01, 2013 (UPI)
Something very remarkable is taking place in Britain, a policy revolution in which three years of austerity are to be balanced by the government's announcement ...
China manufacturing index hits nine-month low: HSBC
Jul 01, 2013 (AFP)
Chinese manufacturing activity contracted further in June, data showed Monday, with a closely watched survey hitting a nine-month low and adding to signs of wea...
Japan manufacturer sentiment jumps: BoJ
Jul 01, 2013 (AFP)
Business confidence among Japan's biggest manufacturers surged in the past three months, a closely watched central bank survey showed Monday, in the latest sign...
China banking system 'stable' despite fund squeeze
Jun 29, 2013 (AFP)
China's bank regulator said Saturday that a recent liquidity squeeze would not hurt the stability of the banking system, in the latest government effort to soot...
GDP growth slows, Fed between rock and hard place
Jun 28, 2013 (UPI)
U.S. gross domestic product growth was revised downward for the first quarter from 2.4 to 1.8 percent because consumer spending, business investment and exports...
Japan's factory output rises in May
Jun 28, 2013 (AFP)
Japanese factories put in an unexpectedly strong performance in May, data showed Friday, a further sign that the world's number three economy is picking up as T...
Japan's factory output rises in May, prices flat
Jun 28, 2013 (AFP)
Japanese factories put in a surprisingly strong performance in May, official data showed Friday, the latest good news for the world's third-largest economy as T...
Exclusive: World Bank's Kim says no country immune from turmoil over inequality
Jun 28, 2013 (AFP)
No country in the world is immune from unrest arising from poverty and inequality, World Bank President Jim Yong Kim told AFP in an exclusive interview. The pro...
Standard Chartered sees single-digit growth in first half
Jun 26, 2013 (AFP)
Standard Chartered on Wednesday said it expects to see a net profit growth of "mid-single digit rate" for the first half of 2013 compared to the same period las...
China central bank urges lenders to beef up liquidity management
Jun 24, 2013 (AFP)
China's central bank has urged lenders in the country to strengthen liquidity management, according to an official note published Monday, in a sign Beijing does...
Walker's World: France's crisis looms
Jun 24, 2013 (UPI)
It is starting to look as though France might be the country to watch this fall as the next phase of the European crisis unfolds. Hitherto, conventional wisdom ...
Greek reshuffle sees Venizelos named foreign minister
Jun 24, 2013 (AFP)
Greek Prime Minister Antonis Samaras reshuffled his government Monday, naming Evangelos Venizelos, who brokered the country's debt cutback last year, as foreign...
German 2014 budget deficit set to be halved
Jun 21, 2013 (AFP)
Germany's budget deficit will be substantially less than initially planned next year while 2015 is expected to see a budget surplus, largely due to the country'...
China manufacturing hits nine-month low in June: HSBC
Jun 20, 2013 (AFP)
China's manufacturing activity shrank again in June, HSBC said Thursday, hitting a nine-month low and adding to concerns about the strength of the world's secon...
Outside View: As Federal Reserve meets, folks should trim spending
Jun 18, 2013 (UPI)
The Federal Reserve is expected Wednesday to indicate when and how quickly it will pull back from its easy money policies. Americans can expect mortgage rates t...
Outside View: Banks cooking up another financial crisis
Jun 17, 2013 (UPI)
Wall Street is cooking up another crisis -- making shoddy loans and selling worthless securities to investors hungry for higher yields than certificates of depo...
World Bank cuts China's economic growth forecast
Jun 13, 2013 (AFP)
The World Bank has slashed its growth forecast for China's economy this year to 7.7 percent from 8.4 percent, warning of a potential "sharp" slowdown triggered ...
Walker's World: Europe's blame game
Jun 10, 2013 (UPI)
Casting blame for the Great Recession used to be easy when everyone agreed it was all the fault of the bankers. But now the regulators and officials are blaming...
Japan economy heats up in first quarter
Jun 10, 2013 (AFP)
Japan's economy grew faster than previously thought in the first quarter, offering renewed hope for Prime Minister Shinzo Abe's growth-boosting plan after two w...
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