Chinese April international trade rebound
A Chinese April international trade rebound was announced by the country's General Administration of Customs. This is the first positive sign that the world’s...
US productivity fell 1.7% during first quarter 2014
US productivity fell 1.7% (annualized) during Q1 2014 compared to the previous quarter, according to data published today by the Bureau of Labor Statistics,...
Alstom profits fell 28%
Alstom profits fell 28% to €556 million euros ($774 million) for the full year to March 2014, underscoring its case for a General Electric...
Better Life Index released by the OECD
According to the OECD’s Better Life Index, the Danes want to be happy, Australians strive for work-life balance, while the Japanese are most concerned...
EU GDP growth forecast 1.6% for 2014
The European Commission’s EU GDP growth forecast has been increased to 1.6% for the 26-nation trading bloc for 2014 from 1.5% in February. Real...
Asia-Pacific economic rebound
The Asia-Pacific economic rebound is gaining traction, according to the latest APEC Economic Trends Analysis report. However, the authors warn that higher production efficiency...
US Corporate tax system keeps money abroad
The US Corporate tax system keeps money abroad, according to a new Council on Foreign Relations (CFR) Scorecard. Corporate tax, also called corporate income...
German April manufacturing grew
German April manufacturing grew, according to the Markit/BME Germany Manufacturing Purchasing Managers’ Index which increased to 54.1 compared to 53.7 in March. Any reading...
Portugal needs no more bailouts
Prime Minister Pedro Passos Coelho said on national TV that Portugal needs no more bailouts as his country plans to exit its €78 billion...
Growing wealth inequality persists for three decades
Growing wealth inequality has been present in most OECD nations for the past thirty years, according to a new analysis titled “Focus on Top...