Europe Unemployment Dips; Lowest Rates Recorded In Austria, Germany And Luxembourg; Highest In Greece And Spain
In the February data, the lowest unemployment rates were recorded in Austria, Germany and Luxembourg.
For Brazil, World Cup Unlikely To Be An Economic Game Changer
The Brazilian government has promised big economic benefits from hosting the World Cup, but will they pan out?
German Unemployment Dips While PMI Data Shows Slowing Factory Growth; Overall Factory Growth In Euro Zone Dips But Stays On Track, Assisted By Growth In France, Spain
Germany added more jobs than expected while its factories slowed down, official data show, even as France and Spain stepped up.
China's HSBC PMI For March Hits 48.0, An 8-Month Low; Manufacturing Slowdown Continues
China's manufacturing engine contracted in the first quarter of 2014, a private survey showed Tuesday, adding to market expectations of government stimulus to arrest a loss of momentum in the world's second-largest economy this year.
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Europe-Africa Partnership To Study Global Warming From Space
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Myanmar Imposes Export Ban To Stop Its Timber From Foreign Exploitation, Goal Is To Establish Domestic Wood-Processing Industry
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Mexico's Telecom Reform Pits President Enrique Peña Nieto Against Billionaire Tycoon Carlos Slim Helú
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Japan Sales Tax Hike Boosts Popularity Of Gold As Investors Rush To Beat Implementation Of Tax
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Ukrainian CEO Launches Media Campaign To Promote IT Sector As He Works To Ease Barriers To Enter The Industry
In Ukraine's growing tech sector, highly skilled workers are fleeing Russian rule in Crimea to work in western parts of the nation.
Euro Zone Inflation - Lowest Level Since 2009
The drop in inflation to the lowest rate since 2009 may pressure the ECB to take radical action to prevent a sustained decline in prices.
Indonesia Likely To Reduce Fuel Subsidy Further Ahead Of July Presidential Election
Despite prior predictions, recent political developments have made a reduction likely.
Chinese Gold Demand Could Rise In 2014, In Surprise Call, Though India’s Demand May Have Peaked Years Ago
Increasing demand for gold in China comes as demand from India, the world’s second-largest consumer, has declined in recent years.
Heightened Demand From Wealthy Chinese Threatens To Overwhelm US Investor Visa EB-5 Program
Last year, 80 percent of the United States' EB-5 permits were issued to Chinese nationals.
Cuba Finally Opens To Foreign Investment (Sort Of)
President Raúl Castro's plan for a more accessible Cuba has a few strings attached.
'Mega-Regions' Produce 75 Percent Of US GDP
A new study maps "mega-regions" in the U.S. and compares their economic output to countries around the world.
As Bangladesh Biman Airlines Acquires More Boeing (NYSE: BA) Aircraft, Profitability Remains Elusive
Biman is reputedly plagued with many problems, including poor customer service, delayed flights and schedule disruptions.
Euro Area Sentiment Indexes Beat Estimates; Economic, Industrial And Consumer Sentiment Indexes All Show Improvement Over Previous Reading
In February, the Economic Sentiment Indicator had remained broadly unchanged.
UK’s Q4 2013 GDP In Line With Previous Estimates Of 0.7%; GDP Grew At 0.8% In Q3 2013
Service sector growth remained the strongest contributor, while output in the construction sector fell, according to ONS.
China Mulling Implementing FATCA-Like Law To Reduce Tax Evasion On Mainland; Hong Kong Agreed To Share Tax Information Of US Expats Earlier This Week
In Asia, only Japan has signed intergovernmental deals to be FATCA-compliant while banks say compliance would be a costly exercise.
Vietnamese Farmers May Hoard Coffee To Protect Against Inflation: Analyst
Some farmers in Vietnam may hold their coffee beans as a hedge against inflation in local currency.
Russia's 2014 Economic Outlook Bleak Amid Toughening Western Sanctions
Russia's economy could fall into recession for the first time since the 2008 global financial crisis.
China Rare Earth Export Restrictions Found Unfair By WTO, China Objects And Says Rules Needed To Protect Environment
The WTO ruled that Chinese exports of environmentally damaging rare earth elements shouldn’t be artificially manipulated by the government.
Gold Regains Allure As Safe Haven From Emerging Markets
Gold prices have risen over tensions in Ukraine. Are the recent gains sustainable? Or Pyrrhic?
Michael Lewis Book 'Flash Boys' Shines Light On High-Frequency Trading: 'You're Enabling People To Screw Their Customers'
The acclaimed business writer critiques the use of algorithms to trade securities in milliseconds.
US Q4 GDP Revised Up To 2.6% From 2.4%
The rate suggests the U.S. will hold up its part regarding global GDP growth; provided China does too, the 2014 global economy should expand.
U.S. Oil Production Topped 10% Of World's Supply In Fourth Quarter
What's more, nearly half of U.S. oil production in the fourth quarter came from tight oil formations, not natural pressure wells.
US Jobless Claims Fall To 4-Month Low
The drop provides additional evidence that while job growth is not robust, layoffs continue to decline.
Venezuela’s Latest Economic Woes: The Bolívar Plummets, Credit Rating Downgraded And More
With a country in flames, currency troubles and a plummeting credit rating, President Maduro cannot catch a break.
Palladium Fund Launches In South Africa, As Russian Supply Fears Warm Prices
Palladium and platinum are part of South Africa's prominent mining sector for the precious metals.
IMF Decides To Unlock Between $14B And $18B In Aid To Ukraine Out Of A Total Fund Worth $27B
Ukraine’s current account deficit is estimated at more than 9% of its GDP while the fiscal deficit is pegged at 4.5%.
Citigroup, 4 Other Banks, Barred From Increasing Shareholder Payouts As Fed Rejects Their Capital Plans
This is the second time in three years that Citigroup's capital plan has been rejected by the Federal Reserve.
The Treasury's War On Russia: Sanctions May Bite But The Strongest Tool Is Unlikely To Be Used
The U.S. and Europe have yet to deploy sanctions that will affect Russia's economy, but there's one weapon that could wreak havoc.
German Gold Makes It Way Back Home From Fed, Slowly
A German central bank official criticized certain speculation about the central bank's motives as “wild and ridiculous conspiracy theories.”
Ebola Economics: Vacations, Vaccines And Very Expensive Monkeys
The Ebola virus can have a long-lasting and complex impact, even after the outbreak is over. Here's why.
Standard and Poor’s Downgrades Brazil’s Credit Rating To BBB-; What Will This Mean For The Country?
Standard & Poor's claims slower growth and debilitating government entities as reasons behind the lower grade.
China's Economic Slowdown Fans Hopes Of Policy Easing
Some analysts believe recent data weakness warrants a policy response. But a short-term boost would come at a cost. Here's why.
Here’s Your Smaller Government: Personal Incomes Grew In All Industries, Except Civilian US Government Sector
U.S. personal income growth slowed last year thanks to late 2012 sequestration scrambling, and the expiration of the payroll tax holiday.
Mafia, McCarthy And Multinationals: The Senate Subcommittee Behind The Upcoming Caterpillar Inquiry
A certain Senate subcommittee has been looking into American multinationals offshore taxes, the latest from a decades-old panel exposing everything from organized crime to the Enron collapse.
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