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POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Greek anger over austerity not abating
Oct 19, 2012 (UPI)
Greek anger over the European Union-led austerity plans being enforced by the government shows no sign of abating as one tragedy after another unfolds in the st...
Japan's NEC revises up profit forecast
Oct 19, 2012 (AFP)
Japanese information technology firm NEC said Friday it has revised its half year forecast from a loss to a healthy net profit, with reports saying demand for i...
China economy slows further, but data point to pick-up
Oct 18, 2012 (AFP)
China's economic growth eased for the seventh straight quarter, data showed Thursday, but analysts say the slowdown has almost bottomed out, just as the ruling ...
Japan PM orders more economic stimulus
Oct 17, 2012 (AFP)
Japan's prime minister instructed his ministers Wednesday to plan for an economic stimulus reportedly worth up to 1.0 trillion yen ($12.7 billion) as an electio...
China's Wen: economy starting to stabilise
Oct 17, 2012 (AFP)
China's Premier Wen Jiabao said the economy began stabilising in the past three months and should meet 2012 targets, state media said Wednesday, a day before th...
Argentina blasts rating agencies
Oct 17, 2012 (UPI)
Argentina lashed out at international rating agencies for critical reports on the country's economy which it said were exploited by financial speculators. Argen...
Walker's World: Why the IMF was wrong
Oct 15, 2012 (UPI)
In the five years since the financial crisis began, economic analysis has been dominated by the Keynesians who want more government stimulus spending to restart...
China central bank focused on inflation before growth
Oct 14, 2012 (AFP)
China's deputy chief central banker said Sunday his top priority is to control inflation, despite calls by developed economies to ramp up consumer demand and do...
Fiscal policy should be 'growth friendly': IMF body
Oct 13, 2012 (AFP)
The world economy needs to balance austerity with growth if it is to recover fully from the global financial crisis, a key IMF committee said in Tokyo on Saturd...
World economy needs action from China, EU: Geithner
Oct 13, 2012 (AFP)
US Treasury Secretary Timothy Geithner said Saturday the global economy was on the mend, but more needed to be done to stoke domestic demand in China and fix Eu...
China calls on US, Japan to fix their finances
Oct 13, 2012 (AFP)
China said Saturday the failure by Washington and Tokyo to fix their fiscal problems was hurting the global economy, as it called for "bold, swift and decisive ...
China economy to dodge hard landing: IMF
Oct 12, 2012 (AFP)
The International Monetary Fund on Friday all but ruled out a hard landing for China's slowing economy, saying it would expand despite increasing headwinds from...
Federal Reserve governor defends QE3
Oct 12, 2012 (UPI)
U.S. Federal Reserve Board Gov. Jeremy Stein defended the Fed's recently announced policy of the third round mortgage-backed security purchases and restated its...
China's yuan hits record high amid US pressure
Oct 12, 2012 (AFP)
China's currency hit a record high against the US dollar on Friday, in what analysts said could be a response to US political pressure over claims the yuan is v...
China bank lending pulls back in September
Oct 12, 2012 (AFP)
Chinese bank lending tumbled in September, official figures showed Friday, following a surge in the previous month on government efforts to bolster the slumping...
China to 'lose out' by Tokyo IMF no-shows: Lagarde
Oct 11, 2012 (AFP)
China will "lose out" by not sending its top two finance officials to global economic talks in Japan this week, the IMF's chief said Thursday, weighing into a b...
Swiss seek Spain's support in EU spat
Oct 11, 2012 (UPI)
Swiss Foreign Minister Didier Burkhalter this week sought support from Spain for his case in a dispute with the European Union over Bern's complex relationship ...
IMF wants to give Greece two more years on deficit
Oct 11, 2012 (AFP)
The International Monetary Fund is happy for debt-battered Greece to have an extra two years to bring its runaway deficit in line with the demands of global cre...
Mongolia's white-hot growth slows on China woes
Oct 10, 2012 (AFP)
Mongolia's white-hot economic growth has cooled this year as the ripple effects of the global economic downturn -- and especially slowing Chinese growth -- star...
China finance chiefs to skip Japan IMF meetings
Oct 10, 2012 (AFP)
Two of China's most senior finance officials will skip International Monetary Fund meetings in Japan, the Fund and a report said Wednesday, as Tokyo and Beijing...
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