World Economy Economic Organizations

  • LONDON, June 27- Britain's vote last Thursday to leave the European Union continued to reverberate through financial markets on Monday, with the pound falling to its lowest level in 31 years, despite government attempts to relieve some of the confusion about the political and economic outlook. UK finance minister George Osborne said early Monday that the...

  • The survey from the Angus Reid Institute on Monday come as protectionist sentiment swells in the United States, where voters at both ends of the political spectrum question the economic benefits of NAFTA. The U.S. Congress is hesitating to ratify a new 12- nation trade pact, the Trans-Pacific Partnership, which also includes Canada and Mexico.

  • June 26- Britain is likely to enter a recession within the year as a result of last week's vote to leave the European Union, a decision that will stunt global economic growth as well, Goldman Sachs' top economists said on Sunday. "We now expect the economy to enter a mild recession by early 2017," Goldman economist Jan Hatzius and Sven Jari Stehn wrote in a note for...

  • World stocks headed for one the biggest slumps on record as investors predicted the impact of the narrow 52 vs 48 percent vote for Britain to leave the European Union would damage economic confidence across the globe. Those who campaigned for Britain to leave had said a weaker pound could help UK exports, but it will also reduce the value of foreign companies' UK...

  • LONDON, June 24- Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU. "That is a catastrophic result for Britain and also for Europe and Germany, especially the German economy. "We expect a significant drop in trade with Britain in the coming months.

  • LONDON, June 24- Britain's vote to leave the European Union means uncertainty for markets and companies as London initiates at least two years of negotiations with the EU. "That is a catastrophic result for Britain and also for Europe and Germany, especially the German economy. "We expect a significant drop in trade with Britain in the coming months.

  • LONDON, June 24- Chief executives from Tokyo to Denver woke up on Friday to currency turmoil, plunging share prices and tough decisions after Britain's vote to leave the European Union raised widespread fears over economic growth. World stocks headed for one the biggest slumps on record as investors predicted the impact of the narrow 52 vs 48 percent vote for...

  • DUBLIN, June 24- Ireland is bracing itself for damaging economic and political fallout from the decision by Britain, its nearest neighbour and largest trade partner, to vote to leave the European Union. Ireland has the EU's fastest-growing economy but also more to lose than any other member state from a' Brexit' with far-reaching implications for its trade,...

  • DUBLIN, June 24- Ireland is bracing itself for damaging economic and political fallout from the decision by Britain, its nearest neighbor and largest trade partner, to vote to leave the European Union. Ireland has the EU's fastest-growing economy but also more to lose than any other member state from a' Brexit' with far-reaching implications for its trade,...

  • DUBLIN, June 24- Ireland is bracing itself for damaging economic and political fallout from the decision by Britain, its nearest neighbor and largest trade partner, to vote to leave the European Union. Ireland has the EU's fastest-growing economy but also more to lose than any other member state from a' Brexit' with far-reaching implications for its trade,...

  • DUBLIN, June 24- Ireland is bracing itself for damaging economic and political fallout from the decision by Britain, its nearest neighbour and largest trade partner, to vote to leave the European Union. Ireland has the EU's fastest-growing economy but also more to lose than any other member state from a' Brexit' with far-reaching implications for its trade,...

  • BRUSSELS, June 24- The European Union's chief concerns over Britain's vote to leave the group are political but losing its second-largest economy will have a huge economic impact as well. Britain's total contribution to the EU budget for 2016 has been set at 19.4 billion euros, including its rebate and customs duties. The rest of the European Union has a trade...

  • BRUSSELS, June 24- The European Union's chief concerns over Britain's vote to leave the group are political but losing its second-largest economy will have a huge economic impact as well. Britain's total contribution to the EU budget for 2016 has been set at 19.4 billion euros, including its rebate and customs duties. The rest of the European Union has a trade...

  • BRUSSELS, June 24- The European Union's chief concerns over Britain's vote to leave the group are political but losing its second-largest economy will have a huge economic impact as well. Britain's total contribution to the EU budget for 2016 has been set at 19.4 billion euros, including its rebate and customs duties. The rest of the European Union has a trade...

  • BRUSSELS, June 24- The European Union's chief concerns over Britain's vote to leave the group are political but losing its second-largest economy will have a huge economic impact as well. Britain's total contribution to the EU budget for 2016 has been set at 19.4 billion euros, including its rebate and customs duties. The rest of the European Union has a trade...

  • June 23- U.S. stocks rose on Thursday as Wall Street bet strongly that Britain is voting to remain part of the European Union, avoiding a likely hit to Europe's economy and possible consequences to global economic growth. The British pound rallied against the U.S. dollar, brushing $1.50, but shaved a full percentage point from its earlier gain.

  • WASHINGTON, June 22- The International Monetary Fund said on Wednesday the U.S. economy was "overall in good shape," with growth set to regain momentum despite an overvalued dollar, but it warned that too many Americans were dropping out of the workforce or living in poverty. The IMF expects U.S. economic growth of 2.2 percent in 2016, a downgrade from 2.4 percent it...

  • WASHINGTON, June 22- The International Monetary Fund said on Wednesday the U.S. economy was "overall in good shape", with growth set to accelerate from recent setbacks despite an overvalued dollar, but the Fund warned that too many Americans were living in poverty. The IMF expects U.S. growth to be 2.2 percent in 2016 and 2.5 percent in 2017, with inflation rising...

  • WASHINGTON, June 22- The International Monetary Fund said on Wednesday that the U.S. economy was "overall in good shape," with growth set to accelerate from recent setbacks despite an overvalued dollar, but the Fund warned that too many Americans were living in poverty. In its annual review of U.S. economic policies, the IMF said that it expects U.S. growth to be 2.2...

  • BENGALURU, June 22- Gold hovered near its lowest in over a week on Wednesday as the dollar and Asian stocks remained steady on increasing indications that Britain would vote to remain in the European Union. *A vote on June 23 by Britain to leave the 28- member EU, dubbed "Brexit," could tip Europe back into recession, putting more pressure on the global economy, thereby...