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A delicate balance: Two paths for a global economy on the brink (Financial Times)
For those who do not follow every twist and turn in the global economic data, the past week has come as quite a shock. You have viewed your allowance of free articles. If you wish to view more, click the button below.
BOJ Says Economy Is `Sluggish,' Keeps Rate at 0.5% (Update1) (Bloomberg.com)
Aug. 19 (Bloomberg) -- The Bank of Japan said it became more pessimistic about the outlook for the economy and kept interest rates at the lowest level among industrial nations.
Large U.S. bank collapse seen ahead (Reuters via Yahoo! News)
The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday.
U.S. media lags in coverage of economy (International Herald Tribune)
A study by the Project for Excellence in Journalism found that reliance on government data to track the economy is leading to scattershot coverage of the global downturn.
BOJ cuts economy view as global slump spreads (Reuters via Yahoo! Philippines News)
(For more stories on the Japanese economy click [ID:nECONJP ])
Economy slowing new car models in Europe (UPI)
OBERPFAFFENHOFEN, Germany, Aug. 17 (UPI) -- Several European automakers are putting the brakes on planned rollouts for new models until the global economy improves, auto industry analysts said.
Global demand for commodities lifts U.S. exports (International Herald Tribune)
While the rise in commodity prices is a welcome relief, it is an unreliable prop for an industrial power, and in this case, the world's largest economy.
Global speculative capital inflow partly to blame for Vietnamese economic difficulty (People's Daily)
Global speculative capital inflow pushed up inflation in Vietnam, added to economic difficulties and put pressure on Vietnam's macro-economic policy, said economists here. Vietnamese economy has experienced great difficulties since the beginning of this year, with the VN-Index falling sharply, a record high inflation, an expanding trade deficit and a depreciating Vietnamese currency. There are ...
MoneyShow.com Announces New Global Investing Section (Business Wire via Yahoo! Finance)
SARASOTA, Fla.----MoneyShow.com, the largest multimedia investment education destination for investors and traders, announced today the launch of a new Global Investing section designed to give investors more content and tools for investing in a global economy.
(AFX UK Focus) 2008-08-18 01:52 Tokyo shares open lower amid worries about global economy - UPDATE (Interactive Investor)
TOKYO (Thomson Financial) - Japanese shares opened higher on Monday following a mixed session on Wall Street, with investors remaining cautious amid lingering worries about the global economy.