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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: world economy

world economy stories: 31 news summaries

21 - 31 of 31 Stories | << Prev 1 2

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World Economy May Dodge US Downturn

IMF predicts slide, but not the crisis it would have been 5 years ago

Jan 30, 08 3:01 AM CST
(Newser) - The world economy will still catch a cold when America sneezes, but it won't be as bad as it would have been 5-10 years ago, the Washington Post reports. The International Monetary Fund predicts a 2008 global growth forecast of 4.1%—down from 4.9% last year—largely because... More »

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world economy • recession • global economy • US economy • credit crisis

OPINION

Davos Summit: a Moral Sham?

Moguls shed guilt and seek bailout money,
but do pay homage to ideas: Guardian

Jan 25, 08 9:28 PM CST
(Newser) - The Davos summit, an annual retreat “where money comes to find morality and politics comes to meet money,” is the capital of capitalism—yet the world's economic crisis is only spoken of in whispers there, writes Julian Glover in the Guardian. Instead, moguls press the flesh with Middle... More »

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economics • Switzerland • world economy • World Economic Forum • Davos

Weak Dollar
a 'Life Threat'
to Airbus

Airplane giant urges European governments to slow surging euro 

Nov 23, 07 6:49 AM CST
(Newser) - The weakening dollar has European aerospace giant Airbus in a tailspin that could be “life-threatening,” CEO Tom Enders said yesterday, the Financial Times reports, adding that the exchange rate has “gone beyond the pain barrier.” Airbus said every 10-cent decline in the dollar cost the company... More »

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Boeing • world economy • Airbus • US dollar

US Ranks
Third in GDP Per Person

Household spending rate is second-highest in world, report says

Nov 22, 07 11:42 AM CST
(Newser) - The US trails only Luxembourg and Norway in GDP per person and has the second highest household spending rates among 55 nations in a new report, reports the Wall Street Journal. The GDP measures household and government spending as well as business investment and net exports. The US per... More »

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world economy • consumer spending • GDP

China's Still Booming, but What About Inflation?

11.5% growth pushes
prices worldwide

Oct 25, 07 8:37 PM CDT
(Newser) - China's economy is booming and inflation is in check, but for how long? Third quarter growth swelled the economy by 11.5%, putting China ahead of Asian rivals India and Vietnam, and inflation dropped to 6.2%. Beijing says it will keep falling, but inflationary fears sent the Shanghai stock... More »

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China • inflation • energy prices • world economy

Indian 'Success Story' Funded by Migrants

Money mailed home makes possible Kerala's leftist showcase

Sep 7, 07 3:28 PM CDT
(Newser) - The South Indian state of Kerala, long touted for achieving a high quality of life in the face of dire poverty, relies heavily on earnings sent from menial jobs abroad, the New York Times reports. Offered as a leftist alternative to market-driven development in poor nations, Kerala is famous for... More »

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India • world economy • Globalization • Kerala • migrant labor

China's Surplus Soars to $26.9B

Weak yuan is driving China's economy to a record expansion; trade surplus nearly doubled

Jul 10, 07 2:59 PM CDT
(Newser) - China's trade surplus surged to a record $26.9B in June, an 87% increase since last year. Economists attribute the trade gap to China's significantly—as much as 40%—underpriced currency, the yuan, reports Bloomberg. Half of China's surplus is with the US, which recently began preparing legislation to sanction... More »

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China • US-China trade deficit • United States • world economy • imports • trade • exports • China food exports • consumer goods • trade surplus • yuan • US economy

Zimbabwe Arrests Dozens in Price Wars

Businesses flout strict cost-control
laws as inflation passes 3,700%

Jul 9, 07 3:28 PM CDT
(Newser) - Police in Zimbabwe have arrested 1,328 businesspeople, including 33 top executives, for violating official price controls installed to curb uncontrollable currency devaluation. The new regulations demand that many goods' prices be cut in half in response to inflation that has now risen to more than 3,700%. More »

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inflation • Zimbabwe • Robert Mugabe • police • business • world economy • South Africa • consumer goods • banana • US economy • price control

Dutch Do Pensions Right

The US should read up on Social Security in the Netherlands, reports Time

Jun 15, 07 2:00 PM CDT
(Newser) - Governments around the world are stuck between tightfisted Anglo-American pension plans that pay only a fraction of one's past salary, and extravagant European-style social security that ends up welshing on the payments. But the Dutch have struck a balance that's working, reports Time, as sufficient amounts of money are saved... More »

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pensions • Europe • world economy • profits • Netherlands • retirement • retirees • money • US economy • Social Security

Chinese Pork Prices Soar

Rise triggers inflation, which reverberates around the world

Jun 8, 07 8:23 AM CDT
(Newser) - This price of pigs and pork in China has skyrocketed this year, nudging up domestic inflation and triggering worries about a domino effect in worldwide markets. The government is scrambling to react to pressure on the price of the vital commodity, the Times reports, even weighing the possibility of releasing... More »

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China • food • inflation • world economy • pig • pork

Fast Food Replaces Grandma's Cooking

Across the globe, traditional diets fade

Jun 2, 07 9:54 AM CDT
(Newser) - Every nation has its traditional cuisines, but in today's fast-paced, globalized culture, cheap, fatty Westernized food is crowding out ancient preparations and presentations. Diets define who we are, Time reports, and in the modern world, once-unique food is becoming culturally homogenized. Global influences traditionally enriched flavors and techniques; today, the... More »

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food • nutrition • Spain • globalization • famine • world economy • Westernization • diet • fast food

21 - 31 of 31 Stories | << Prev 1 2


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