Current Global Economy News Today

Swan claims the economy worse now
THE global economy is in "worse shape'' than it was last year, but Australia is in the "right part of the world at the right time.''

Wed, 08 Feb 2012 16:31:34 -0800

Global Trade Drying Up, Says Largest Ever Economic Survey of Finance Professionals
TORONTO, ONTARIO-- - Almost three quarters of the finance professionals sampled believe that the global economy is either deteriorating or stagnating, with nearly half reporting a loss of confidence in ...

Tue, 07 Feb 2012 12:30:00 -0800

Global watchdog official says banking reforms must proceed
TORONTO (Reuters) - The underperforming global economy should not be allowed to delay financial system reforms, a senior official at the Financial Stability Board (FSB), a global watchdog set up by the Group of 20 nations, said on Tuesday, adding that the FSB will propose new rules on so-called shadow banking by year-end. Bank of Canada Senior Deputy Governor Tiff Macklem, who chairs a key FSB ...

Tue, 07 Feb 2012 07:15:48 -0800

Soft global economy slows Emerson sales
Ferguson-based manufacturer blames Thai floods, weak demand

Tue, 07 Feb 2012 07:15:02 -0800

Deteriorating global economy will slow pace of Canadian growth, Bank of Canada says
The Bank of Canada on Tuesday kept its key interest rate on hold, warning the global economy has "deteriorated" and that will slow the pace of growth in this country.

Thu, 09 Feb 2012 15:14:55 -0800