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POLITICAL ECONOMY

News About The Global Economy

1,238 articles

Spanish contagion spreads panic in markets
May 18, 2012 (UPI)
Fear of what lies beneath a succession of downgrades of Spanish banks drove market indexes down in Europe and elsewhere, with warnings that a U.K. subsidiary of...
Growth figures show Japan on recovery track
May 17, 2012 (AFP)
Japan's economy grew by a faster-than-expected 1.0 percent in the three months to March, official figures showed Thursday, as rising domestic demand and a boost...
China slowdown presents challenge for Beijing
May 16, 2012 (AFP)
A slew of bleak data has raised fears China's economy is cooling faster than previously thought, but analysts say Beijing has only limited means to prevent a po...
Asia safe from Europe woes, no China hard landing: Fitch
May 14, 2012 (AFP)
Asian economies are better shielded from Europe's financial woes than other regions and China is unlikely to undergo a "hard landing" despite recent gloomy data...
Europe debt crisis biggest risk for Japan economy: PM
May 13, 2012 (AFP)
The European debt crisis is the biggest risk for the Japanese economy, Prime Minister Yoshihiko Noda said in a weekend interview with Dow Jones Newswires, citin...
China's output growth at near three-year low
May 11, 2012 (AFP)
China said Friday that output growth hit a three-year low in April, adding to pressure on Beijing to ease monetary policy after weak trade data the previous day...
China says inflation eases slightly in April
May 11, 2012 (AFP)
China said Friday that inflation slowed in April, easing worries of resurgent prices and giving room to loosen monetary policy to boost slowing growth in the wo...
Spain battles to avoid an EU bailout
May 11, 2012 (UPI)
Spanish Prime Minister Mariano Rajoy's government is fighting hard to avoid having to beg the European Union or even the International Monetary Fund for a massi...
Toshiba's profit drops by nearly half to $921 mn
May 08, 2012 (AFP)
Japan's Toshiba said Tuesday that its full-year net profit fell by almost half to $921 million, hit by a strong yen, weak digital product sales, and last year's...
Outside View: U.S. work force shrinks
May 04, 2012 (UPI)
The U.S. economy added 115,000 jobs in April -- much less than expected and not enough to keep up with natural population growth. The unemployment rate fell to ...
Outside View: Modest U.S. jobs growth
May 03, 2012 (UPI)
Forecasters expect the U.S. Labor Department on Friday to report the U.S. economy added 165,000 jobs in April -- better than the 120,000 in March but well below...
China and India manufacturing boosts recovery hopes
May 02, 2012 (AFP)
Factory activity picked up pace in Asia with China showing stronger momentum and India also gathering steam, according to business surveys released on Wednesday...
China manufacturing at 13-month high
May 01, 2012 (AFP)
China's manufacturing activity rose in April to a 13-month high, official data showed Tuesday, indicating the world's number two economy may have bottomed out i...
Walker's World: France, growth and Europe
Apr 30, 2012 (UPI)
The French presidential campaign, now in its final week, has taken on a broader meaning as other European countries see France offering a growth-oriented altern...
Immigrants squeak out living as Athens scrap metal mongers
Apr 29, 2012 (AFP)
Zeeshan locks his supermarket trolley to a tree like others would lock their bicycles: it is a crucial tool for him and other immigrants who comb Athens streets...
Outside View: Economy slowing
Apr 27, 2012 (UPI)
The U.S. Commerce Department reported the U.S. economy grew at a 2.2 percent annual rate the first quarter of 2012, slower than the 3.0 percent pace registered ...
BoJ eases further as Japan's economy stands still
Apr 27, 2012 (AFP)
Japan's central bank on Friday announced another round of monetary easing in its latest effort to resuscitate the economy after figures revealed the outlook con...
China unveils $10 bn credit line for central, east Europe
Apr 26, 2012 (AFP)
Chinese Premier Wen Jiabao announced Thursday a $10 billion special credit line for central and eastern Europe to support cooperation projects mainly in the ex-...
Spain tightens border in run-up to summit
Apr 26, 2012 (UPI)
Spain said it is tightening its borders in anticipation of violent anti-austerity protests at the upcoming European Central Bank summit in Barcelona. The Madrid...
HSBC says to cut 3,167 jobs in Britain
Apr 26, 2012 (AFP)
HSBC on Thursday said it would cut 3,167 jobs as part of previously announced plans to reduce the bank's global workforce by 30,000 over two years to 2013. The ...
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