POLITICAL ECONOMY - POLICY DAILY

Outside View: Saving Europe from collapse

Apr 26, 2012 (UPI)

Governments may soon fall in France and Holland and are quickly losing legitimacy elsewhere in Europe because austerity programs and a common currency risk thro...

Commentary: Global house of cards

Apr 25, 2012 (UPI)

Rumor has it that a new Broadway musical on Washington will soon be in production. It draws on "Jersey Shore" and "The Best Little Whorehouse in Texas," which w...

China manufacturing activity improves: HSBC

Apr 23, 2012 (AFP)

China's manufacturing activity improved in April but remained in contraction, HSBC said Monday, bolstering the case for the government to give a boost to the wo...

Lagarde assures IMF able to boost crisis funds

Apr 19, 2012 (AFP)

IMF head Christine Lagarde said Thursday that the crisis lender would get a significant boost to its intervention capacity this week as worries mounted that Spa...

Wen says China to 'firmly support' efforts to maintain euro

Apr 19, 2012 (AFP)

China will firmly support efforts to maintain the stability of the euro and the European economy, Premier Wen Jiabao told German Chancellor Angela Merkel Wednes...

Microsoft beats expectations despite profit dip

Apr 19, 2012 (AFP)

Microsoft on Thursday posted net income of $5.11 billion on record-high revenue in the recently ended quarter -- a slight dip in profit from a year ago but stil...

China to ease policy as economy slows: Xinhua

Apr 19, 2012 (AFP)

China will ease monetary policy and boost liquidity in the financial system with a series of measures, state media cited a central bank official as saying, in a...

China home prices fall in most cities in March

Apr 18, 2012 (AFP)

New home prices in two-thirds of China's major cities fell in March, the government said Wednesday, as officials maintain policies to curb the property market. ...

Resilient Asia to weather global storms, says IMF

Apr 17, 2012 (AFP)

Asia's growth prospects have dimmed but the region will avoid a hard landing in 2012 thanks to strong domestic demand and monetary flexibility, the IMF said in ...

IMF raises global growth forecast to 3.5%

Apr 17, 2012 (AFP)

The International Monetary Fund on Tuesday slightly hiked its global growth forecasts for this year and 2013, but warned that Europe's debt crisis and high oil ...

Outside View: The key to economic recovery

Apr 13, 2012 (UPI)

U.S. President Barack Obama and his Republican challengers don't agree about much but they do agree the U.S. economy can't be turned around, and middle class pr...

China's Q1 growth slowest in nearly three years

Apr 13, 2012 (AFP)

China said Friday its economy grew by 8.1 percent in the first three months of 2012, its slowest pace in nearly three years, but analysts forecast a pick-up in ...

China's growth to slow to 8.2% in 2012: World Bank

Apr 12, 2012 (AFP)

China's economic growth will fall to 8.2 percent this year due to slowing domestic consumption and weak external demand, before rebounding in 2013, the World Ba...

Obama focus on economy in Latam summit

Apr 12, 2012 (UPI)

U.S. President Barack Obama will focus on the U.S. economic growth that is possible through strong engagements with Latin America as well as the need to fight o...

Asia to maintain growth despite global headwinds: ADB

Apr 11, 2012 (AFP)

Emerging Asian economies will experience flat growth this year before recovering in 2013, the Asian Development Bank (ADB) said in a regional report released We...

Chinese inflation rate rises to 3.6 pct in March

Apr 09, 2012 (AFP)

China's inflation rate edged up in March, driven by rising food costs, official data showed Monday, but analysts said there was still scope for Beijing to stimu...

Politics key in Greek debt problem

Apr 09, 2012 (UPI)

With the Greek elections about a month away, the resolution of the country's debt crisis is proving to be "primarily a political problem," the mayor of a town i...

Japan gets back its cherry blossom fever

Apr 07, 2012 (AFP)

Millions across Japan this weekend are flocking to the best spots for viewing cherry blossoms, in a tradition that last year was overshadowed by the natural dis...

Japan, China agree to cooperate over IMF resources

Apr 07, 2012 (AFP)

Japanese and Chinese finance ministers on Saturday agreed to cooperate over contributions to the International Monetary Fund amid efforts to help subdue Europe'...

Outside View: More leave U.S. workforce

Apr 06, 2012 (UPI)

The U.S. economy added only 120,000 jobs in March -- not even enough to keep up with normal population growth. Unemployment rate fell to 8.2 percent, simply bec...