There has never been an economic story like China's - consistent rises in national income for 30 years at an annual rate of 10%, hundreds of millions of Chinese people lifted out of poverty, and expansion that took it from almost nowhere to become the world's second biggest economy, contributing 15% of global GDP and 25% of global GDP growth.
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Showing posts with label global growth. Show all posts
Showing posts with label global growth. Show all posts
Tuesday, August 25, 2015
Thursday, June 05, 2014
Fed may shun global risk rules banks spent billions to meet
(Reuters) - The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards.
Thursday, April 10, 2014
IMF warns Europe's banking system poses threat to global financial stability
The eurozone's creaking banking system poses a serious threat to global financial stability, according to the International Monetary Fund, which warned European leaders to accelerate plans to support weak banks and create a banking union.
Saturday, December 14, 2013
World led by US poised for fastest growth since 2010
The world economy is primed for its fastest expansion in four years, with the US propelling the improvement in output.
Friday, August 30, 2013
Bank of Japan's Yoshihisa Morimoto warns emerging markets may see more outflows
MORIOKA, JAPAN: The global economy could be hurt if the withdrawal of funds from emerging markets picks up ahead of an expected reduction in the U.S. Federal Reserve's monetary stimulus, a Bank of Japan board member said on Thursday.
Saturday, May 11, 2013
Central Banks Keep Easing After Cuts Fail to Spur Growth
Global central bankers are poised to ease monetary policy even further after a wave of interest-rate cuts from India to Poland.
Monday, November 05, 2012
G20 finance chiefs to begin talks to tackle eurozone crisis
MEXICO CITY: G20 finance chiefs begin Sunday two days of talks aimed at quelling fears of a global economic downturn amid a persistent eurozone debt crisis and a looming fiscal crunch in the United States.
Sunday, October 21, 2012
GDP figures to show Britain's double-dip recession is over
The double-dip recession will be officially declared over this week when the Office for National Statistics reveals that the economy grew by around 0.7pc in the months to September.
Thursday, October 11, 2012
Global financial risks have increased, says IMF
Risks to global financial stability have increased in the past six months despite efforts by policymakers to make the financial system safer, according to the International Monetary Fund.
Tuesday, September 18, 2012
Policy euphoria makes way for humdrum data
LONDON (Reuters) - The world's top two central banks have administered extra-strong monetary painkillers, but the global economy will still need a lot more time to recover from its thumping debt hangover.
Wednesday, December 21, 2011
World economy at a 'very dangerous juncture': IMF chief
IMF chief Christine Lagarde warned Tuesday that the world economy is at a "very dangerous juncture," speaking of the potential impact on poorer nations during her first visit to Africa as head of the fund.
Sunday, November 13, 2011
Geithner Says Europe Must ‘Move Quickly’
U.S Treasury Secretary Timothy F. Geithner said Europe remains the “central challenge” to global growth and must “move quickly” to restore financial stability.
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