News from Around the Web

Huffington Post, Aug 15 2016:

Long before Uber or Airbnb, cooperatives capitalized on a sharing economy, but with an explicit mission to share benefits with everyone in society, especially the poor and vulnerable. Cooperatives...

Bloomberg, Aug 14 2016:

In a sign of how worried it is about Japan’s economy, the International Monetary Fund is urging the country to resurrect a radical strategy once employed by former U.S. presidents Nixon, Ford and...

The Guardian, Aug 11 2016:

In a shanty town perched in the hilly outskirts of Lima, Peru, people were dying. It was 1994, and thousands of squatters – many of them rural migrants who had fled their country’s Maoist...

Devex, Aug 10 2016:

Nearly 70 percent of the world’s population is projected to live in cities by 2050. Today, there is broad political consensus that cities will be critical to global transformation....

The Wall Street Journal, Aug 9 2016:

Thomas Piketty’s case for rising inequality took another hit this week.

Mr. Piketty hypothesized that income inequality has risen because returns on capital—such as profits, interest and...

Financial Times, Aug 7 2016:

When the world’s biggest fund manager reverses its view on half of the global economy it is time to take notice. That is what BlackRock, manager of $4.6tn for investors and savers, has done this...

The Wall Street Journal, Aug 5 2016:

The World Bank on Thursday revamped lending rules meant to safeguard against human-rights abuses, though some critics say the guidelines still leave the most vulnerable without sufficient...

The Wall Street Journal, Aug 4 2016:

After more than a year of gridlock, the upper house of India’s parliament approved a contentious overhaul of the country’s convoluted tax system, an important step in Prime Minister Narendra Modi’...

Bloomberg, Aug 2 2016:

The long-feared Chinese hard landing has become a reality in rustbelt Liaoning. The northeastern province, ground zero in China’s multi-year slowdown, saw its economy contract 1 percent in the...

The Wall Street Journal, Aug 2 2016:

The prices of goods leaving the eurozone’s factory gates rose at their fastest pace in almost four years during June, a sign that higher energy prices are set to lift inflation from recent lows....

The New York Times, Jul 29 2016:

European regulators announced on Friday that new stress tests found that a handful of the region’s biggest banks would struggle in a severe economic downturn or in the next financial crisis....

The Wall Street Journal, Jul 29 2016:

The U.S. economic growth sputtered this spring with cautious business investment largely offsetting more robust consumer spending.

Gross domestic product, the broadest measure of goods and...

The San Diego Union Tribune, Jul 28 2016:

Global trade is not the main cause for the loss of manufacturing jobs in places like the United States and needs to be defended from its critics, the chief of the World Trade Organization said...

The Wall Street Journal, Jul 26 2016:

Federal Reserve officials are virtually certain to leave short-term interest rates unchanged at their meeting this week, following the U.K.’s decision in June to quit the European Union and mixed...

Devex, Jul 26 2016:

The New Development Bank approved $100 million in development financing for an energy project in Russia to cap off its first tranche of projects — mostly on renewable energy — worth $911 million...

The Wall Street Journal, Jul 24 2016:

Plummeting bond yields are enabling some cash-strapped governments to reduce their deficits and potentially ease austerity measures....

U.S. News and World Report, Jul 20 2016:

President Barack Obama, taking stock Wednesday of his efforts to boost living standards in developing countries, said he made global development a "fundamental pillar" of U.S. foreign policy...

Financial Times, Jul 21 2016:

Stephane Dion, Canada’s foreign minister, is urging EU members to approve Europe’s trade agreement with Canada to demonstrate that the bloc’s focus on its post-Brexit ties to the UK has not left...

Bloomberg, Jul 20 2016:

Mario Draghi’s quantitative easing may look like a precise business; the underlying economics are anything but.

Bloomberg, Jul 19 2016:

The International Monetary Fund scrapped its forecast for a pickup in global growth this year, citing Britain’s vote to leave the European Union, and warned the damage could worsen if confidence...