World Economy

Venezuelans heaving under an unprecedented economic meltdown know little about the finer points of foreign debt negotiations, but long for anything that would put more food on their plate and…

South Africa’s union rivalry came to the fore again this week when the country’s labor unions reacted differently to the R20 ($1.41) an hour national minimum wage approved by the cabinet.

On Monday, Indonesia’s statistics agency, BPS, is scheduled to release Indonesia’s third quarter GDP data, important information that is closely followed by investors and analysts.

The purchasing power across Yemen is at its worst against prices that rose up by 500%, the Institute of Financial and Economic Information for Studies said.

This has brought about a…

Banks and hedge funds that rely on artificial intelligence threaten to inject risks into the financial system that could exacerbate a future crisis, according to global regulators.

Egypt’s non-oil private sector business activity shrank at a slower pace in October as business confidence hit a 26-month high and contractions in output, new orders and employment all eased, a…

Unemployment rate has reached record high among urban youth in Morocco, local media reported on Saturday, Xinhua reported. Citing official data from the high commission for planning, Medias24.…

Wireless carriers Sprint and T-Mobile called off a potential merger, saying the companies couldn’t come to an agreement that would benefit customers and shareholders, AP reported. The two…

London households have experienced inflation almost a third higher than those outside the capital over the last 20 years, according new findings.

Namibia’s domestic economy has slowed in tandem with the regional averages, and the per capita incomes are stalling due to sluggish growth conditions during the 2016/17 financial year, AllAfrica…

Cameroon’s economic growth rate is expected to slip to 3.7% this year, down from an earlier estimate of around 4%, due to falling oil production, the International Monetary Fund said, Yahoo…

Days after it gave India a 30 place jump in its ease of doing business ranking, the World Bank Saturday said the goods and services tax and reforms push by the government will catapult the…

Cleaning up the Russian banking sector is likely to take between one and two years, said Elvira Nabiullina, chairwoman of the Central Bank of Russia.

China’s central bank boss spelt out his strategy to prevent a future financial crisis, urging broadened equity funding and direct finance to reduce corporate leverage and eliminate “zombie”…

Norwegian banks are solid, but the financial system is vulnerable to high household debt and elevated property prices, TNP reported. “High debt increases the risk of a tightening of household…

The European Central Bank performed as expected last Thursday, cutting the amount of its monthly bond purchases in half to €30 billion ($35.01 billion) while extending the program at least…

The National Bank of Ukraine estimates GDP growth in the third quarter of 2017 at 2%, according to the NBU’s inflation report for October, Unian.info reported. The NBU said economic growth in Q3…

The US trade deficit rose in September to $43.5 billion as imports grew faster than exports. The commerce department said Friday that the September trade gap in goods and services was up from $…

Global economic health has never been more robust, as the number of countries in recession has fallen to the lowest level in decades, according to a new report from Deutsche Bank.

Prudent fiscal consolidation processes seem to have moved the federal government debt to gross domestic product away from breaching its own self-imposed 55% debt limit.

To the naked eye, it was just another up week for stocks. The S&P 500 Index rose 7 points, the eighth time in a row it’s been up. Beneath the surface a barrage of headlines on everything…

The DAX has posted gains in the Friday session. Currently, the DAX is above 13,481, up 0.30% since the close on Thursday. There are no eurozone indicators on Friday.

Is bitcoin a legitimate asset, or a super-bubble waiting to implode? As prices for the cryptocurrency skyrocket, investors and pundits are increasingly taking sides.

China will lower tariffs and step up bank financing to support more imports as the country’s massive trade surplus has a negative impact on its citizens, commerce ministry officials told…

Saudi Arabia’s push for reforms could face a backlash from within and there is no guarantee the drive by Crown Prince Mohammed bin Salman will succeed, one of the biggest oil investors in the…