World Economy Economic Regions

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  • Most major economies weakening, eurozone stable -OECD Thursday, 8 Oct 2015 | 6:00 AM ET

    PARIS, Oct 8- Growth seems to be easing off in most of the world's major economies, including the United States and more notably in China, the Paris- based Organisation for Economic Co-operation and Development said on Thursday. However, the euro zone was stable, with growth actually firming up in euro zone countries France and Italy, and also in India.

  • SANTIAGO, Oct 5- Latin America's economies are expected to contract 0.3 percent in 2015, down from a previous forecast of 0.5 percent growth, the United Nations' regional arm said, as Brazil's woes drag on its neighbors. Brazil's economy, the largest in the region, is now expected to contract 2.8 percent this year, the Santiago- based Economic Commission for Latin...

  • From Lisbon and Madrid to Dublin, incumbents are gaining ground in opinion polls while the opposition is split among mainstream and radical parties, reducing the prospect of ousting sitting prime ministers and also encouraging investors to buy their countries' debt. One explanation is a gathering economic recovery, which is strongest in Ireland and Spain...

  • LONDON, Sept 29- Slumping commodity prices pose a serious challenge to economic and political stability in developing economies across Latin America, Africa, the Middle East and Asia. For example, oil export revenues for the members of the Organization of the Petroleum Exporting Countries rose from $123 billion in 1994 and $375 billion in 2004 to a peak of $1.2...

  • The rise of China, the integration of the global economy and the opening of the economies of Eastern Europe have coincided with, and likely driven, rising economic inequality in the developed world, as well as falling real wages and interest rates. A new report by economists at Morgan Stanley and consultant Charles Goodhart, formerly a member of the interest...

  • Ministers from Germany, France, Italy and Spain agreed that more coordination at EU level are needed to prevent corporations from shifting profits to countries where they pay lower taxes. His call was echoed by his counterparts from Germany, Italy and Spain. The EU is investigating the tax arrangements of Amazon and Fiat in Luxembourg, Apple in Ireland and...

  • *China's slowdown sharper than official data shows- Woodmac. *Venezuela repeats call for OPEC production cut. A weekly report from the American Petroleum Institute is expected on Tuesday while the U.S. Energy Information Administration's report is expected Wednesday.

  • *Venezuela repeats call for OPEC production cut. SINGAPORE, Sept 15- Brent crude oil prices dipped on Tuesday as Asia's economic weakness persisted, extending losses after a sharp fall in the previous session, while U.S. futures were firmer following a report that indicated a drawdown in weekly inventory levels. A weekly report from the American Petroleum...

  • *Venezuela repeats call for OPEC production cut. The weekly report from the American Petroleum Institute is scheduled for release later in the day and that from the U.S. Energy Information Administration for Wednesday. Front-month U.S. crude futures were trading at $44.20 a barrel at 0338 GMT, up 20 cents from the previous session, while Brent was down 9 cents at...

  • WASHINGTON, Sept 10- Signs of hope are scarce in the Middle East, a region awash in violence, civilians fleeing crumbling states, and economies built largely on oil squeezed by a dive in global prices. But Amos Hochstein, the U.S. energy envoy, sees some long-term potential for natural gas development to help provide economic security from Iraq to the eastern...

  • NEW YORK, Aug 28- After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings. Car sales, construction spending, the Federal Reserve's "beige book" and jobs...

  • *HSBC says more trouble ahead, but no repeat of 1997 Asian crisis. China's major stock indexes slumped more than 6 percent to 8- month lows in early trade on Tuesday before paring losses, after a catastrophic Monday that destabilised financial markets around the world and sparked fears of a hard landing for the Chinese economy, the world's biggest commodity...

  • BRASILIA, Aug 20- Germany and Brazil committed themselves on Thursday to a joint stance on climate change, putting the largest economies in Europe and Latin America on the same page ahead of global climate talks in Paris in December. She said Brazil is committed to reducing deforestation in the Amazon to zero by 2030.. Germany's Development Ministry will...

  • Germany and Brazil join forces on climate change action Thursday, 20 Aug 2015 | 2:42 PM ET

    BRASILIA, Aug 20- Germany and Brazil committed on Thursday to a joint stance on climate change, a move that puts the largest economies in Europe and Latin America on the same page ahead of global climate talks in Paris in December. Germany's Development Ministry will provide Brazil 525 million euros in loans to fund the development of renewable energy sources...

  • GREEK OFFICIAL SAYS EUROZONE READY TO TAKE ACTION, INCLUDING EXTENDING LOAN MATURITIES, TO ENSURE GREEKL DEBT IS SUSTAINABLE.

  • Cyprus Rescue a Model for Europe: Eurogroup Head Monday, 25 Mar 2013 | 11:57 AM ET

    A rescue program agreed for Cyprus on Monday represents a new template for resolving euro zone banking problems, the head of the region's finance ministers said.

  • Buy On Any Market Pull-back Wednesday, 14 Nov 2012 | 6:10 PM ET
    Grab Opportunities in the Current Market Pull Back .

    Michael McCarthy, Chief Market Strategist, CMC Markets says that the current market pull-back is an opportunity to buy stocks. But investors should practice caution.

  • Why Americans Should Root for a Strong China Economy Monday, 24 Sep 2012 | 2:15 PM ET
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    China’s economic slowdown is not good for the U.S., as exports to China create jobs for Americans. And economists doubt that China will return to its previous growth rates, the Fiscal Times reports.

  • China's Economy Worse Than We Thought? Thursday, 12 Jul 2012 | 10:37 AM ET
    China's Economy Worse Than We Thought?

    Adrian Mowat, JPMorgan chief Asian equity strategist, provides perspective ahead of China's latest GDP figures and discusses whether the country's economy is headed for a hard landing.

  • Economic Regions Partner Story Sunday, 1 Dec 2002 | 12:00 AM ET