Topic: World Economy

Chart of the Day

The 'World's Center of Economic Gravity' is in the Russian Tundra

McKinsey & Company

Did you know that Salekhard, Russia—a tundra-locked industrial town in the country's extreme north—is fast becoming the center of the economic universe? At least according to one very technical measure provided by McKinsey & Company.

By John Hudson

Jun 22, 2012

Why Moody's Took a Hatchet to the Banks

Investors are licking their wounds following Moody's downgrade of 15 of the biggest banks in the world on Thursday afternoon, especially since the hit coincided with the Dow closing down 250 points, bringing the second-worst trading day of 2012.  Why did Moody's do it?

Comments | 1,473 Views

By John Hudson

Jun 19, 2012

Has Angela Merkel Finally Cried Uncle on Euro Bailout?

World leaders may have twisted Angela Merkel's arm into submission.

Comments | 2,931 Views

By John Hudson

May 24, 2012

Europe Goes Back to Plan A: Greece Has Got to Stay

The big news out of Europe yesterday was a rush to plan B: Greece's exit from the eurozone. But today, almost in unison, the markets and the politicians are swinging the pendulum in the other direction. 

Comments | 876 Views

By John Hudson

Nov 2, 2011

Greece Has No Good Options Left

The stunning decision by Greece Prime Minister George Papandreou to hold a referendum on the $178 billion European bailout package has laid bare the miserable economic options the country has in front of it.

Comments | 2,606 Views

By Erik Hayden

Oct 7, 2011

Moody's Downgrades Credit Ratings for 12 British Banks

The credit rating agency also downgraded Portuguese financial insitutions

Comments | 625 Views

By John Hudson

Oct 6, 2011

America's Jobs Machine Is Still Stuck in the Ditch

New claims for unemployment benefits rose to 401,000 last week

Comments | 345 Views

By Uri Friedman

Feb 23, 2011

What Libyan Unrest Means for Oil Prices

Oil prices hit a two and a half-year high on Tuesday as turmoil mounted in Libya

Comments | 549 Views

By Uri Friedman

Feb 11, 2011

How to Understand the Growing Trade Deficit

The trade gap widened in December for the first time in four months and increased by nearly 33 percent in 2010; here's the good, the bad, and the "big question"

Comments | 517 Views

By Uri Friedman

Jan 31, 2011

Is Another Financial Crisis Just Four Years Away?

An Oliver Wyman partner has presented a bold thesis at Davos

Comments | 60 Views

By Uri Friedman

Jan 31, 2011

How Egyptian Unrest Could Unravel Economic Recovery

Analysts worry that protests in Egypt--especially if they spread across the region--could send oil prices soaring

Comments | 30 Views

By Uri Friedman

Jan 24, 2011

The Meaning of Davos in 2011

The World Economic Forum's über-elite meeting in Switzerland begins this week

Comments | 190 Views

By Uri Friedman

Jan 20, 2011

Is the U.S.-China Trade Agreement a Big Deal?

U.S. exports to China will increase by more than $45 billion, President Obama announced alongside Chinese President Hu Jintao

Comments | 2,165 Views

By Uri Friedman

Jan 19, 2011

Video: President Hu Measures Oval Office Drapes

President Obama, meanwhile, is cast as the Chinese president's stealth jet valet-parking attendant

Comments

By Uri Friedman

Jan 14, 2011

Bad News for the Western World

The World Economic Forum and World Bank issue their 2011 predictions

Comments | 102 Views

By Uri Friedman

Jan 13, 2011

Über-Elite Davos Institutes Gender Quota

The World Economic Forum wants more women at its annual meeting in Davos, Switzerland

Comments | 103 Views

By Uri Friedman

Jan 13, 2011

How Obama Should Negotiate Economic Policy With China

U.S.-China trade relations will feature prominently in Chinese president Hu Jintao's state visit next week

Comments | 450 Views

By Uri Friedman

Jan 5, 2011

Will $100 Oil Threaten Economic Recovery?

The effects rising prices could have on everything from work commutes to consumer confidence

Comments

By Uri Friedman

Dec 30, 2010

What Surging Commodity Prices Say About U.S. Economic Health

Does it signal impending inflationary doom?

Comments | 39 Views

By Uri Friedman

Dec 29, 2010

American Companies Are Hiring (Overseas)

Why they're doing it, and what it means for the U.S. economy

Comments | 366 Views

By Uri Friedman

Dec 17, 2010

How the iPhone Increases the Trade Deficit

Apple's smartphone has ignited a debate about the ways we measure global trade

Comments | 118 Views

By Ray Gustini

Dec 16, 2010

The Idiot's Guide to Saving the Euro

Currency makeover edition

Comments | 90 Views

By John Hudson

Dec 10, 2010

By Uri Friedman

Dec 9, 2010

Spotlight: Gordon Brown's Formula for Western Revival

Former British prime minister urges G20 to resist protectionism, export to Asia

Comments

By Heather Horn

Dec 3, 2010

Whither the 21st-Century City?

Cities defy predictions and continue to expand

Comments | 89 Views

By Heather Horn

Nov 23, 2010

What the Irish Bailout Means for Ireland, Europe, and You

The big debates around tons of money going Gaelic

Comments | 18 Views

By John Hudson

Nov 22, 2010

Why Europe's Bailout of Ireland May Fail

It's too small and punishes the wrong people

Comments

By Max Fisher

Nov 16, 2010

Why Ireland and the EU Are Fighting Over Irish Bailout

Ireland is resisting forceful calls to accept a bailout

Comments | 20 Views

By Elspeth Reeve

Nov 10, 2010

Chocolate Will Be as Expensive as Caviar

In just 20 years as African farmers abandon the crop

Comments | 228 Views

By Max Fisher

Nov 10, 2010

5 Challenges for G20 Summit

The global economic meeting comes in troubled times

Comments | 345 Views

By Heather Horn

Nov 9, 2010

Despite It All, How Is the U.S. Still So Rich?

Our economy's struggling, our schools are middling, and yet...

Comments | 345 Views

By Heather Horn

Nov 9, 2010

U.S. Angers China, Germany With Weaker Dollar

Other countries are irritated about the Fed's quantitative easing

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By Heather Horn

Nov 8, 2010

World Bank Chief: Time to Consider a New Gold Standard

And other measures in advance of the G20

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By Heather Horn

Oct 7, 2010

Economic Commentators Want to Play Hardball With China

Wolf and Krugman really don't like the undervalued currency

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By Max Fisher

Oct 6, 2010

What the U.S. Can Learn from Japan's Lost Decade

Hard lessons on financial crises

Comments | 30 Views

By Heather Horn

Aug 13, 2010

German Economy Surges Ahead With Most Growth in Decades

Second-quarter GDP figures saw the biggest leap since reunification

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By Max Fisher

Jul 26, 2010

By Ray Gustini

Jul 23, 2010

The Dark Side of the European Stress Tests

Unexpectedly good news on the state of European banks--but analysts urge caution

Comments | 264 Views

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