Tag: global economy

• Saturday, January 27th 2018 - 09:39 UTC

  Trump tells Davos forum “America First”, but it does not mean America alone

  

  President Trump declared America “open for business” in a speech on Friday to global to political and business elites in Davos, Switzerland, while taking a hard line on trade and vowing to make commerce with other countries “fair and reciprocal.”

• Tuesday, January 23rd 2018 - 09:23 UTC

  Trump's tax reform prompts brighter outlook for global economy, says IMF

  

  Prospects for the global economy are looking brighter, according to the International Monetary Fund (IMF), arguing that the recent pick-up has been pretty broad-based, particularly in Europe and Asia. Tax reforms in the United States are expected to stimulate economic activity, especially business investment.

• Wednesday, January 10th 2018 - 09:57 UTC

  Great recession almost over, “but no time for complacency”, warns World Bank

  

  The World Bank forecasts global economic growth to edge up to 3.1% in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices.

• Tuesday, January 17th 2017 - 17:32 UTC

  Xi emphatic tells Davos “we say no to protectionism”; migration crisis caused by war and conflict

  

  China's president Xi told the World Economic Forum in Davos on Monday that the “migrant crisis had been caused by war, conflict and regional turbulence,” not globalization. Similarly, the 2007/8 financial crisis was caused by “the excessive pursuit of profits and a lack of economic regulations,” he said.

• Thursday, June 12th 2014 - 07:18 UTC

  World Bank lowers global economy growth forecast; developing countries face major challenge

  

  World Bank lowered its 2014 growth forecasts for the global economy but said advanced economies' rebound from a rough start would help offset stagnation in developing countries. Most of the pick-up in growth this year will come from high-income countries, particularly the United States and the 18-nation Euro zone, the World Bank said in its twice-yearly Global Economic Prospects report.

• Tuesday, May 14th 2013 - 06:40 UTC

  A British-American tax and trade agenda

  

  By PM David Cameron - The Wall Street Journal - Britain and America have a proud history of working together to meet the great challenges of the day. Ours is a partnership without parallel, rooted in our values of freedom and enterprise—advancing not just Britain’s and America’s interests but the good of people around the world.

• Thursday, January 10th 2013 - 03:35 UTC

  How the Americas can secure much needed ‘game-changing’ global expansion in higher education

  

  By Anka Mulder - Over the next decade, it is estimated by the World Economic Forum (WEF) that the global economy will need to create some 600 million new jobs to preserve social cohesion, and ensure sustainable growth. In the midst of ongoing economic fragility across much of the world, this poses a monumental challenge, and will thus be one of the topics discussed at WEF annual meeting in Davos later this month.

• Thursday, April 5th 2012 - 15:36 UTC

  IMF warns world recovery is very fragile; policy makers should not become complacent

  

  IMF Managing Director Christine Lagarde said the world economy is still in recession and the recovery remains fragile as she warned that, although some progress has been made, the global economic situation is not ideal yet. “We should not delude ourselves into a false sense of security,” she alerted.