Forced labor generates 150 billion dollars in illegal profits annually
Forced labor, which includes commercial sexual exploitation, domestic and agricultural work, mining, as well as some other economic activities, generates $150 billion in illegal...
World economic forecast slightly down
The world economic forecast is marginally down, according to the Ifo Index, which declined to 102.3 points from 103.2. Although the six-month economic outlook...
Brazilian pessimism grows, says The Conference Board
Brazilian pessimism grows as its Leading Economic Index (LEI) fell -0.4% in April, 2014, after declining -0.3 in March and -0.6 in February. In...
Greek red tape costing hundreds of millions of euros
Greek red tape is costing businesses hundreds of millions of euros each year and undermining their competitiveness, says a new OECD (Organization for Economic...
Cheap steel threatens US jobs
Cheap steel is putting hundreds of thousands of US jobs at risk as the US steel industry plunges into an import crisis, says a...
Manchester United profits up
Despite a disappointing performance on the pitch this season, Manchester United profits increased to £11 million in the three months ending March 2014 (the...
UK Leading Economic Index rose 0.3 percent
The UK Leading Economic Index rose 0.3% in March, says The Conference Board, after a 0.4% increase in February and 0.6% in January. Of...
Eurozone growth slowed down in Q1 2014
Eurozone growth slowed down in the first quarter of 2014, according to Eurostat, the EU’s statistical agency. Gross domestic product (GDP) grew by 0.2%...
German economy accelerated in Q1 2014, but not France
While the German economy accelerated in the first quarter of 2014, France’s stood still, according to latest government figures. German GDP (gross domestic product)...
Japanese GDP accelerated in first quarter
Japanese GDP accelerated in the first quarter of 2014 as shoppers rushed to get their purchases done before sales tax (consumption tax) increased on...