Economy, Global Economy | featured news

High-tech batteries. Advanced wind turbines. Sensitive telecommunications gear. Last year saw a spike in concern over Chinese foreign investment in the United States, as election year politics, economic anxiety and a record level of dealmaking all aligned. Read full article >>

The fragile state of the world economy, coupled with the relentless turmoil in Syria and the rocky fallout from the Arab Spring, dominated discussions during this year's annual gathering of the global elite at Davos, leaving many participants uneasy about what lies ahead as they left for home Sunday.

Indonesia may hold the key to a $1 trillion injection into the global economy. That's how much the World Trade Organization believes is riding on talks later this year in Bali, when trade ministers hope to cut through some of the red tape that slows global commerce.

The fund said that growth is hardly expected to snap back to pre-crisis levels of 4.5 to 5.5 percent in the coming years.

Like any nation, China has a host of problems, both societal and economic. It's getting older. It has yet to develop large portions of the west. Corruption is rampant. It has not serious entrepreneurial business culture that can drive the country's economic development. It has untold billions in government investments into states and municipalities that have no investment return for the foreseeable future. But this bridge to nowhere economy, as some naysayers might call it, has one big immediate hurdle. That hurdle is Europe.

While malls appear to be past their peak in the United States, in Russia they are luring shoppers with money to spend, and investors like Morgan Stanley... Shoppers who find that 250 stores aren’t enough can go ice skating, watch movies or even ride a carousel, all under a single roof.

North Korean leader Kim Jong Un on Tuesday called for improving the economy and living standards of his impoverished nation with the same urgency that scientists showed in successfully testing a long-range rocket recently....

Local governments across Spain have been paying their suppliers' bills months behind schedule, forcing companies to help shoulder the financial woes of the Spanish government.

Brazil has had a tough two years. This last one in particular has been rough. A crime wave swept Sao Paulo, the nation’s largest city, towards the end of the year. But more importantly, a country that wants to be the country of the future, with all the amenities and a stable economy, has seen its confidence dwindle a bit. This is not the Lula years, in reference to popular president Luiz Inacio Lula da Silva. The nation that will hold the FIFA World Cup in just two short years and later the Summer Olympics in 2016 is scratching its collective heads. How did Brazil go from one of the biggest economies in Latin America, to be usurped by Mexico now as measured by investor appetite and losing the No. 6 global economy position to the U.K. in less than a 12 months.

Egypt prepared to announce on Tuesday the result of a vote on a new constitution that Islamist President Mohamed Mursi hails as a step toward stability in a country beset by political and economic crisis.