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LEXINGTON, Mass.----Global GDP will grow only 2.8 percent in 2010, much better than the 2.0 percent drop in 2009, but well below the 3.5-4.0 percent trend rate of growth for the world economy, according to the Top 10 Economic Predictions for 2010 from IHS Chief Economist Nariman Behravesh.
(AP:SINGAPORE) Analysts expect Singapore's economy to rebound from recession next year as improving global demand for the city-state's exports fuels a pickup in manufacturing, according to a survey released Wednesday by the central bank.
Dec. 9 (Bloomberg) -- Asian stocks fell, led by finance and mining companies, after Japan’s economy grew more slowly than estimated and Fitch cut Greece’s credit rating, denting confidence in the global economic recovery.
Dec. 9 (Bloomberg) -- Asian stocks dived after a Dubai developer posted a $3.65 billion loss, Japan’s economy grew less than expected and Greece’s debt rating was reduced.
Dec. 8 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is prescribing “poison” to the U.S. economy by keeping interest rates near zero and fueling a wave of speculative capital that may cause the next global crisis, former Morgan Stanley chief Asian economist Andy Xie said.
MicroCHIPS, a developer of intelligent, responsive implant systems, today announced it has been named a 2010 Technology Pioneer by the World Economic Forum.
Dec. 8 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is prescribing “poison” to the U.S. economy by keeping interest rates near zero and fueling a wave of speculative capital that may cause the next global crisis, former Morgan Stanley chief Asian economist Andy Xie said.
Dec. 8 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is prescribing “poison” to the U.S. economy by keeping interest rates near zero and fueling a wave of speculative capital that may cause the next global crisis, former Morgan Stanley chief Asian economist Andy Xie said.
Dec. 8 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is prescribing “poison” to the U.S. economy by keeping interest rates near zero and fueling a wave of speculative capital that may cause the next global crisis, former Morgan Stanley chief Asian economist Andy Xie said.
Dec. 4 (Bloomberg) -- The European Union will delay signing free-trade and accession agreements with Ukraine because of growing skepticism about the former Soviet state’s commitment to economic and political restructuring.
Dec. 9 (Bloomberg) -- South African manufacturing fell 9.3 percent in October from a year ago, the smallest drop in 10 months, as the global recession eased, adding to signs the economy is recovering.
Filipino activists wear colorful masks during a rally against the economic liberalization policies pushed by the World Trade Organization at the Mendiola bridge, Manila, Philippines, on Monday.
The International Monetary Fund expects to cut its 2010 growth forecast for the United Arab Emirates as economic activity slows due to the debt woes of state-owned Dubai World, a top IMF official said on Wednesday.
Dec. 9 (Bloomberg) -- South African manufacturing fell 9.3 percent in October from a year ago, the smallest drop in 10 months, as the global recession eased, adding to signs the economy is recovering.
Apparently, one meltdown isn't enough for the World Trade Organization. They meet today in Geneva on the tenth anniversary of the "Battle in Seattle," the first mass protest against globalization.
New York - Massive and concerted measures from the world's major economies have contributed to a global economic recovery expected next year, the United Nations said Wednesday. The UN said in a survey that world economic growth is expected to registe...
