global economy

Global stocks extend decline on trade fears as gold, yen rise

Stock declines deepened globally on Friday, with European equities sliding to the lowest in more than a year and gauges…

Why economic growth does not necessarily contribute to human happiness

Economic growth in developed countries has a dual effect. On one hand, people's living standards and consumer spending are on…

Global economic upswing knocked back by Trump’s trade-war threat

Investors are worried that Donald Trump will derail world growth. An announcement last week of tariffs on imported steel and…

No excuse for continued use of energy subsidies worldwide- Christine Lagarde

Christine Lagarde, the international monetary fund's Managing Director asserted on Saturday the importance of removing energy subsidies worldwide and especially…

Global economy strengthened, but not lifting Middle East enough – IMF’s Lagarde

Christine Lagarde, Managing Director, International Monetary Fund (IMF) said the global economic recovery has strengthened, however it is not lifting…

Financial markets at risk from bubble, IMF warns

The global economic recovery is strong and accelerating but it faces threats from weak wage growth and overheating financial markets,…

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