US economic forecast 2014
Despite an exceptionally harsh winter that dampened GDP growth rate for the first quarter of 2013, UCLA economists set the US economic forecast for...
World trade forecast – 4.7% growth for 2014 and 5.3% for 2015
After a sluggish two years, the world trade forecast for 2014 predicts growth of 4.7% and 5.3% for 2015, according to the WTO (World...
February Eurozone industrial production up 0.2%
February Eurozone industrial production was 0.2% higher than in January, according to Eurostat, the statistical office of the European Union. In the whole of...
IMFC says job-rich economic growth should be medium-term aim
Sustainable, balanced and job-rich economic growth should be the medium-term aim of countries’ focus as the global economy strengthens, the International Monetary Fund Financial...
ECB looser monetary policy possible
Mario Draghi, the European Central Bank’s president, said ECB looser monetary policy is possible if the euro continues to strengthen and the Eurozone’s inflation...
Personal income tax rose in most OECD countries
Out of 34 OECD countries, 25 have had increases in personal income tax over the past 36 months, as nations bring down the value...
JPMorgan profits fell steeply in Q1 2014
JPMorgan profits fell steeply in the first quarter of 2014, down from $674 million to $114 million. The largest bank in the US said...
New healthcare entrants threaten the America’s $2.8 trillion market
New healthcare entrants threaten the American $2.8 trillion healthcare market, they are poised to draw tens of billions with new products and services, much...
Greek bonds oversubscribed
The sale of Greek bonds was eight times oversubscribed, the Greek government announced on Thursday. According to Evangelos Venizelos, the deputy Prime Minister of...
US is the top entrepreneurial economy globally
The United States is the top entrepreneurial economy globally, says the 2014 Global Entrepreneurship and Development Index, better known by its acronym GEDI. Canada...