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POLITICAL ECONOMY

News About The Global Economy

1,238 articles

China's Hu calls for new economic growth model
Nov 08, 2012 (AFP)
President Hu Jintao called Thursday for a new Chinese growth model, marked by greater domestic demand and private enterprise, to ensure the long-term health of ...
China leader warns corruption could trigger 'collapse'
Nov 08, 2012 (AFP)
China's president Thursday warned the Communist Party faces "collapse" if it fails to clean up corruption and called for an economic revamp as he opened a congr...
Outside View: Threat of second recession
Nov 08, 2012 (UPI)
The U.S. Commerce Department reported the deficit on international trade in goods and services was $41.5 billion in September, up from $24.9 billion prior to th...
Walker's World: The German choice
Nov 05, 2012 (UPI)
Politicians seldom like to deliver bad news, particularly when they face an election in the coming year. So congratulations to German Chancellor Angela Merkel f...
Chinese manufacturing expands in October
Nov 01, 2012 (AFP)
China's manufacturing activity grew in October for the first time in three months, data showed Thursday, adding to hopes the economy is finally emerging from it...
Asia growth hopes lifted by manufacturing data
Nov 01, 2012 (AFP)
Manufacturing in Asia strengthened in October, data showed Thursday, with China seeing growth in activity for the first time in three months, stoking hopes the ...
Mexico risks ratings in slow fiscal reform
Nov 01, 2012 (UPI)
Mexico is risking a further downgrade of its sovereign credit ratings by the world's ratings agencies because of delays in what critics see as urgently needed f...
Panasonic projects $9.6 billion loss amid overhaul
Oct 31, 2012 (AFP)
Panasonic said Wednesday it would book a mammoth $9.6 billion net loss this fiscal year as the Japanese consumer electronics giant undergoes a major overhaul of...
Japan's Komatsu logs profit drop on weak China demand
Oct 30, 2012 (AFP)
Japan's top construction machinery maker Komatsu said Tuesday its net profit dropped 30.2 percent in the first six months to September, citing weak demand in Ch...
Japan factory output tumbles ahead of BoJ meeting
Oct 30, 2012 (AFP)
Japan's factory output fell 4.1 percent last month, official data showed on Tuesday ahead of a central bank meeting expected to usher in more easing measures to...
Storm brings US East Coast economy to halt
Oct 29, 2012 (AFP)
Hurricane Sandy froze commerce, shut down stock exchanges for the first time since 9/11 and idled millions of workers on Monday, laying siege to an economy stil...
US expects to release jobless data Friday as planned
Oct 29, 2012 (AFP)
The US Labor Department said Tuesday it expects to release its most recent unemployment data -- a key marker of the economy ahead of the November 6 election -- ...
Greek people have given everything, says president
Oct 28, 2012 (AFP)
Greek President Carolos Papoulias said Sunday the nation's people have given all they have to drag the country out of its crippling economic crisis, and voiced ...
Japan approves $5.3 bn stimulus budget
Oct 26, 2012 (AFP)
Japan on Friday approved a $5.3 billion cash injection to boost the stuttering economy, a move likely to add pressure for more central bank measures with a gene...
Spain jobless spillover worries neighbors
Oct 26, 2012 (UPI)
Spain's spiraling unemployment and a simultaneous increase in the number of Spanish and other citizens fleeing the country in search of better prospects are wor...
China's yuan currency hits fresh record high
Oct 26, 2012 (AFP)
China's currency hit a record high against the US dollar for the second straight day on Friday, amid US political pressure and growing confidence in the domesti...
Hague: Britons 'disillusioned' with EU
Oct 25, 2012 (UPI)
Britons are "disillusioned" with the European Union at a time when it's seeking a sizable budget increase, British Foreign Secretary William Hague says. The top...
China-based ratings firm tackles US dominance
Oct 24, 2012 (AFP)
The groups behind a new China-based ratings firm said Wednesday they planned to break the dominance of US agencies in assessing state and company debt, a much-c...
China manufacturing shows signs of recovery
Oct 24, 2012 (AFP)
China's manufacturing sector showed signs of recovery on Wednesday as an HSBC survey provided fresh evidence that the worst may be over for the world's number t...
Walker's World: Is Britain leading Europe?
Oct 20, 2012 (UPI)
It seems an odd bargain. Chancellor Angela Merkel's German government has reportedly decided that it will do what is required to keep Greece in the euro but are...
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