News from Around the Web

Bloomberg, Oct 26 2014:

When it comes to deflation there’s the good -- and there’s the bad and ugly.

Europe faces the risk of the latter as it teeters on the edge of a recession that could trigger a debilitating...

The Economist, Oct 22 2014:

WHATEVER happened to emerging markets? They were supposed to bail the developed economies out of the financial crisis. And they were also supposed to provide an attractive home for growth-seeking...

Bloomberg, Oct 20 2014:

The International Monetary Fund reduced its growth forecast in sub-Saharan Africa because of the outbreak of the Ebola virus in West Africa and violence in at least five other countries.

...

Financial Times, Oct 16 2014:

The head of the World Trade Organisation warned on Thursday that the body had descended into “paralysis” and called for an urgent rethink on how the institution operates.

Roberto Azevedo,...

Bloomberg, Oct 15 2014:

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is...

IMF Survey, Oct 1 2014:

Shadow banking is both a boon and a bane for countries, and to reap its benefits, policymakers should minimize the risks it poses to the overall financial system.
Shadow banks act similarly...

The Economist, Sep 29 2014:

“OUR euphoria is dangerous. It makes us overbearing, blind and dull.” So writes Marcel Fratzscher, head of the German Institute for Economic Research, in a new book, “The Germany Illusion”. The...

The Economist, Sep 20 2014:

A BIG oil producer unable to pay its bills during a protracted oil-price boom is a rare beast. Thanks to colossal economic mismanagement, that is exactly what Venezuela, the world’s tenth-largest...

Bloomburg, Sep 24 2014:

Brazil’s real rose the most among major global currencies as an effort to bolster it overshadowed concern that the nation will struggle to recover from a recession as President Dilma Rousseff...

Wall Street Journal, Sep 18 2014:

Jim Kim is trying to keep the World Bank honest.

That’s why the World Bank president this week said he’s launching a new website that allows the public to track the development institution’...

Reuters, Sep 18 2014:

The dollar hit a more than six-year peak against the yen on Thursday on data showing U.S. jobless claims fell more than expected last week, while global equity markets rallied after the Federal...

BBC, Sep 17 2014:

China's central bank is said to be injecting 500bn yuan ($81bn; £50bn) into the five biggest state-owned banks to counter slowing growth in the world's second-largest economy.

The People's...

Reuters, Sep 15 2014:

The OECD slashed its growth forecasts for major developed economies on Monday, urging much more aggressive ECB stimulus to ward off the risk of deflation in a subdued euro zone.

The call...

BBC, Sep 11 2014:

Argentina's Congress has passed a bill designed to defy a US court ruling that pushed the country into default in July.

It relates to a protracted dispute with hedge funds demanding payment...

Wall Street Journal, Sep 8 2014:

BRUSSELS—Ireland is moving to repay the majority of bailout loans it received from the International Monetary Fund early to take advantage of a drop in interest rates.

Following a meeting...

Financial Times, Sep 4 2014:

On January 1 1993, Czechoslovakia split into Slovakia and the Czech Republic. The two new states opted to keep a monetary union. Thirty-three days later that union collapsed. Over the next five...

World Bank, Aug 28 2014:

WASHINGTON, August 28, 2014 – Integrating digital payments into the economies of emerging and developing nations addresses crucial issues of broad economic growth and individual financial...

Wall Street Journal, Aug 29 2014:

The International Monetary Fund on Friday approved the latest payment to Ukraine in its $17 billion bailout program, providing a critical boost to Kiev as it faces military, economic and political...

Reuters, Aug 22 2014:

U.S. labor markets remain hampered by the effects of the Great Recession, and the Federal Reserve should move cautiously in determining when interest rates should rise, Fed Chair Janet Yellen said...

The Guardian, Aug 17 2014:

On Monday 18 August there will be just 500 days left for the millennium development goals to be met.

The historic commitment to achieve eight targets, which range from tackling extreme...