Current Global Economy News Today

Afghanistan, economy top the agenda as Obama hosts world leaders
President Barack Obama on Friday kicks off a frenetic four days of guns-and-butter diplomacy, including a pair of high-stakes international summits focused on reviving the sputtering global economy and winding down the unpopular war in Afghanistan.Both issues will shape Obama's legacy — not to mention his hopes for re-election in November.  And the back-to-back gatherings of the Group of Eight ...

Thu, 17 May 2012 16:28:45 -0700

Forget Greece, China Biggest Risk to Global Economy: Faber
Forget Greece, which is an "insignificant" economy, it is China that's posing the biggest risk to the global economy, Marc Faber the editor and publisher of the Gloom, Boom and Doom report told CNBC on Friday.

Fri, 18 May 2012 01:56:25 -0700

Bank of Canada fears weak growth in global economy
Central bank says leaders of the world economy need to work together to close global imbalances

Thu, 17 May 2012 09:46:29 -0700

Global trade well below pre-crisis trend: survey
LONDON (Reuters) - Global trade growth will slow this year and volumes are unlikely to regain their pre-crisis trend for at least another four years, according to a survey released on Thursday. The International Chamber of Commerce said it expected trade, the life blood of the global economy, to expand by 5.2 percent this year and by 7.2 percent in 2013. Growth for all of 2011 was 6.6 percent ...

Thu, 17 May 2012 03:52:47 -0700

Why Global Unemployment Is Rising
The ILO is reporting that there are now 50 million fewer jobs in the global economy than before 2008. Find out why.

Tue, 15 May 2012 10:37:09 -0700