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POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Outside View: Another lousy jobs report
Jun 01, 2012 (UPI)
The U.S. economy added only 69,000 jobs in May -- about half of what is needed to keep up with natural population growth. The unemployment rate rose to 8.2 perc...
Irish yes vote fails to dispel euro fears
Jun 01, 2012 (UPI)
Irish voters gave their approval to the European Union's increasingly controversial fiscal compact, pledging support for the government's austerity program, but...
Outside View: Modest U.S. job growth
May 31, 2012 (UPI)
Forecasters expect the U.S. Labor Department on Friday to report the U.S. economy added 150,000 jobs in May -- better than the 115,000 in April but well below t...
China to resist major stimulus package: Xinhua
May 30, 2012 (AFP)
China's state news agency has sought to dampen hopes of a major stimulus package to boost the slowing economy following days of market speculation. Xinhua said ...
Walker's World: Euro's long slow fall
May 29, 2012 (UPI)
The euro is undergoing its ultimate stress test and so far it is failing. On current prospects, the whole prospect, and not just Greece's membership, may not be...
Japan unemployment, household spending up in April
May 29, 2012 (AFP)
Japan's unemployment rate rose slightly in April, official data showed Tuesday, with analysts highlighting the struggling electronics sector as contributing to ...
China's rising costs deter European business: survey
May 29, 2012 (AFP)
One in five European companies operating in China may invest elsewhere in the future as wages are getting too high and regulations too cumbersome, according to ...
Spanish cash crunch threatens Catalonia
May 25, 2012 (UPI)
Spain's growing difficulty with shoring up its debt-ridden banks faced a new setback Friday as an otherwise wealthy autonomous region of Catalonia joined the qu...
China manufacturing slows: HSBC
May 24, 2012 (AFP)
Chinese manufacturing contracted in May for the seventh consecutive month as exports deteriorated, British banking giant HSBC said Thursday, arguing the data sh...
Japan's April trade deficit grows to $6.5bn
May 23, 2012 (AFP)
Japan logged a bigger-than-expected trade deficit of 520.3 billion yen ($6.5 billion) in April as higher energy costs pushed up imports, the finance ministry sa...
China must act to prevent hard landing: World Bank
May 23, 2012 (AFP)
China's economic growth will ease further this year, presenting policy makers in Beijing with the challenge of preventing an excessively abrupt slowdown, the Wo...
China says economic growth a priority
May 23, 2012 (AFP)
China's government on Wednesday stressed the need to make growth a priority as it warned that the world's number two economy faces "increasing downward pressure...
Outside View: A fiscal tsunami
May 23, 2012 (UPI)
Imagine you are aboard a palatial huge cruise ship -- longer than three football fields and more than 100,000 tons in displacement. You are in the Atlantic. You...
Hewlett-Packard to slash 27,000 jobs by 2014
May 23, 2012 (AFP)
Hewlett-Packard said Wednesday it plans to cut 27,000 jobs, or eight percent of its global workforce, by 2014 in a major restructuring effort for the computer g...
Japan's April trade deficit up on surging energy bills
May 23, 2012 (AFP)
Japan on Wednesday posted a bigger-than-expected trade deficit in April, as surging energy costs pushed up imports while shipments to China -- its biggest marke...
Outside View: Austerity vs. stimulus
May 22, 2012 (UPI)
The European summit this week will feature a standoff between German Chancellor Angela Merkel advocating austerity and French President Francois Hollande promot...
Fitch cuts Japan's credit rating, cites huge debt
May 22, 2012 (AFP)
Fitch cut Japan's credit rating by two notches on Tuesday, citing its "leisurely" efforts at shrinking a massive public debt, as Tokyo struggles to kick-start t...
China's Wen makes growth economic priority: report
May 20, 2012 (AFP)
Chinese Premier Wen Jiabao vowed proactive policies to make growth a bigger priority, as the world's second largest economy showed signs of weakness, state pres...
Japan ready to help in euro crisis at G8 talks
May 18, 2012 (AFP)
Japan said Friday that it stood ready to extend help in stemming the eurozone's debt crisis as the Group of Eight major industrialized nations opened crisis tal...
Japan ups economy view for first time in 9 months
May 18, 2012 (AFP)
Japan on Friday upgraded its view of the economy for the first time in nine months, a day after better-than-expected growth figures and thanks to a pickup in ex...
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