China injects liquidity into commercial banks
In order to ensure stability within the monetary market before the Lunar New Year, China injects liquidity into its major commercial banks. Commercial banks,...
Global unemployment nearly 202 million in 2013
Global unemployment rose by five million in 2013 to nearly 202 million, according to the International Labor Organization (ILO), part of the United Nations.
The...
Greater cyber security may save world economy trillions of dollars
Cyber security needs to be improved, otherwise the global economy may be facing a growing number of cyberattacks which could costs trillions of dollars,...
Chinese exports linked to pollution levels in USA
When Chinese exports to the US and Europe rise, so do levels of pollution that blow across the Pacific Ocean, researchers from the University...
85 richest people own the same wealth as 3.5 billion
A tiny elite, the 85 richest people in the world, own the wealth shared by almost half of the world’s population, says charity organization...
Chinese economy grew by 7.7% in Q4 2013
During the fourth quarter of 2013 the Chinese economy grew by 7.7%, matching 2012’s growth rate and showing signs of stabilizing, the National Bureau...
UK Real wages set to rise
After a decade of weak earnings growth, low productivity and years of high inflation, Ben Broadbent, an external member of the Monetary Committee of...
Cruise line industry forecasts strong 2014
The cruise line industry forecasts 21.7 million passengers will take cruises in 2014, compared to 21.3 million in 2013.
The fastest growing cruise source markets...
Global energy demand to rise 41% by 2035
Global energy demand is forecast to rise by 41% between 2012 and 2035, according to a new report BP Energy Outlook 2034 (Outlook), which...
2013 German current account surplus a world record
The German current account surplus for 2013, likely to have exceeded €200 billion ($270 billion) in 2013, was a world record.
The country exported a...