Economy-International

http://tacticalinvestor.com/millennials-costing-us-economy-376-billion/ Millennials are costing the U.S. economy more than $376 Billion a year, according to a recent Gallup poll. The poll found that between 2008 and 2015, the economy lost approximately $949 million per day and $346.4 billion a year due to the lack of millennials spending money. An additional $30.5 billion was lost to…

On Friday, President Barack Obama announced he would sign an Executive Order directing every relevant agency of the Federal government to take steps in identifying bottlenecks to competition and to create new ways to increase competition in the economy. The Executive Order puts agencies on a fast-track path to, within 60 days, identify the steps…

Hong Kong’s cartels and protected business communities are waiting for a knock on the door. The city’s first effort to impose a wholesale ban on anti-competitive activities became law in December, and the new Competition Commission set up to enforce the rules is expected to begin its first attacks soon. Executives are signing up for…

Singapore’s central bank unexpectedly eased its monetary stance, adopting a policy last used during the 2008 global financial crisis, as economic growth in the trade-dependent city-state ground to a halt.

In order to meet APEC’s Bogor Goals for free and open trade and investment in Asia-Pacific, APEC member economies follow the strategic roadmap as agreed by APEC Economic Leaders in Osaka, Japan in 1995. This roadmap is known as the Osaka Action Agenda.

The world economy is continuing to recover but it’s still at a delicate stage, IMF Managing Director Christine Lagarde has warned.

India’s position as the world’s back office may be slipping away. For years, India’s services exports had grown fast enough to help bridge its merchandise trade deficit. That expansion came to a halt last year as weak global demand and increased competition made it harder for Indian companies to win new markets, leaving the country…

Barely eight years after the 2008 global economic meltdown, economists are again talking of another worldwide recession. Just a few years ago the BRICS – Brazil, Russia, India, China and South Africa – were poised to join the Group of Seven – USA, Canada, United Kingdom, France, Germany, Italy and Japan among the economic superpowers.…

This article is published in collaboration with Project Syndicate. January is usually expected to be a good month for stock markets, with new money gushing into investment funds, while tax-related selling abates at the end of the year. Although the data on investment returns in the United States actually show that January profits have historically…

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.

“A far more painful and insidious process.” If the 1997 Asian financial crisis was a heart attack for emerging markets, the current situation is akin to chronic cardiovascular disease, according to Macquarie analysts led by Viktor Shvets and Chetan Seth.

Airbnb co-founder and CEO Brian Chesky asked Peter Thiel, who invested in the company, for the single most important piece of advice he had for Airbnb. Thiel replied, “Don’t fuck up the culture.” This was a great advice, not just for Airbnb but also for every organization operating in the sharing economy. However, a couple…

WASHINGTON – China’s economic slowdown is having a broader impact on the global economy than originally expected, especially on emerging markets, the International Monetary Fund said late Wednesday.

China’s economic slowdown is having a broader impact on the global economy than originally expected, especially on emerging markets, according to the International Monetary Fund

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.

FOR YEARS after the 2008 financial crisis, Asia’s rapidly expanding economies propped up global growth, with China clocking a pace of more than 9%, pulling along its neighbors.

Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs in a new era of low prices for oil and other key commodities. This will result in a fourth consecutive year of disappointing economic growth this year, says the World Bank Group’s latest 2015 Global Economic Prospects…

Japan is not immune from the increase in inequality observed in other advanced countries in recent years. Anecdotal evidence suggests that concerns over income inequality have grown among the Japanese population, and the previously widely held notion that ‘all Japanese are middle class’ is a thing of the past. As seen in Figure 1 when…

This report analyzes how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions, with a focus on the role played by infrastructure and public policies in facilitating this process. It examines major developments in South Asia–Southeast Asia trade and investment, economic cooperation, the role of economic corridors, and…

May 23rd 2015 | From the print edition Timekeeper On May 19th official statisticians announced that Britain entered deflation in April, with consumer prices standing 0.1% lower than a year earlier. It is first time since 1960 that annual inflation has been negative. Back then, prices pepped up again quickly. The Bank of England expects…

The Asian Development Bank has cut its economic growth forecast for developing Asia, citing weakness in region’s two largest economies China and India and jitters over plans to scale back United States stimulus that destabilised financial markets. The Manila-based lender says it expects the region’s emerging economies to grow by six per cent this year,…

MANILA, Philippines — There are at least five international issues the Philippines considers the greatest threats to the Asia-Pacific region it belongs to. In a recent interview with The Diplomat, Philippine Ambassador to the United States Jose Cuisia Jr. said that face the rapidly rising region faces the problems of China’s assertiveness in the South…

HONG KONG, CHINA – Developing Asia will maintain its strong economic growth in 2015 and 2016 supported by soft commodity prices and recovery in the major industrial economies, says a new Asian Development Bank (ADB) report. ADB’s flagship annual economic publication, Asian Development Outlook 2015 (ADO), released today, forecasts developing Asia will achieve gross domestic…

(Bloomberg) — Business activity expanded in each of the euro area’s four largest economies for the first time in almost a year, signaling that a fragile recovery is slowly becoming more sustained.

INFLATION is a disease that can wreck a society, Milton Friedman, the late Nobel laureate economist, once said. Add rising unemployment to the diagnosis, and his profession ascribes a rather non-technical term to the debilitating effect on people: “misery”.

China tops the list, according to economists surveyed by Bloomberg Emerging markets in Asia and Africa still reign supreme: They’re at the top of global growth projections over the next two years.

The world economy’s two biggest tectonic plates are shifting, setting off the frictions increasingly evident in financial markets and global capitals. The U.S. is accelerating and China is cooling, marking a reversal of trends that followed the financial crisis. As a result, oil is slumping as American supply rises and Chinese demand falls; capital is…

Concerns about the so-called “middle-income trap” have recently emerged among many middle-income countries, particularly after the term was coined in 2007 by two World Bank economists. Worried that they may become “trapped” at the middle-income level, these countries are seeking a set of policies that can help them achieve strong and sustained growth and eventually…

16 November 2014 Prime Minister The combined growth strategies of G20 member nations presented at the Brisbane Leaders’ Summit will equate to 2.1 per cent new growth and inject an additional $2 trillion into the world economy and create millions of jobs.