Recovery in developed economies gathering pace

Economic recovery in the world's richest countries is accelerating thanks to a "substantial" rebound in trade and growth in Asia, but austerity measures are needed to reduce deficits — as Europe's debt crisis proves, a leading agency said Wednesday.

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OECD: First half growth to slow in rich economies

Growth in leading rich economies will slow in the first half of this year, with the United States and Japan outpacing sluggish Europe, the OECD group of developed countries said Wednesday.

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China economy growing again while US limps

It's a tale of two economies, China and the United States.

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World leaders vow to restart stalled trade talks

Leaders of the exclusive club of eight industrialized leaders plus five of the fastest developing nations are calling for open markets and a battle against protectionism as the answer to the world's economic meltdown.

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Developing economies get to sit with the big boys

There were new faces at Saturday's emergency economic summit, nations whose smaller and historically weaker economies mean they rarely get a seat at the global financial table.

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Fitch lowers credit outlook on emerging economies

Fitch Ratings on Monday lowered the sovereign credit rating outlooks for six emerging market economies to reflect higher risks to creditworthiness stemming from the global financial crisis and economic slowdown.

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Eye on the Economy: Fed cut? So what?

The Federal Reserve's interest rate-setting committee announced Wednesday that it was lowering its target overnight rate by a half-percentage point to just 1 percent.

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Regional growth will keep Asia on track

The economic engines of India and China will help keep Asia-Pacific economies on track amid a global slowdown, but a protracted U.S. slump and rising inflation pose possible hazards, a report said Wednesday.

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Bush, Dems Have Different Economic Views

The booming economy that President Bush paints is a far cry from the worrisome one increasingly portrayed by Democratic presidential candidates and party leaders. To them, there are worker insecurities, stagnant wage growth and soaring costs for health care and college.

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Economic Health May Be in Eye of Beholder

America's economy is strong. Or it's in trouble. It just depends on who's talking. Trying to retool his message and right his listing presidency, President Bush is speaking out more frequently and forcefully on the economy.

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Germany and France are among top- rated euro-area states that may compromise their AAA grades by standing behind the debts of weaker members with their 750 billion-euro ($955 billion) stabilization fund.

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Inequality between economies, and within advanced economies, has never been greater – witness this week's statistics on the widening wealth gap in the UK.

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This for me is hands down the most clever way to use rap to get intelligent information and a point across. You got to check it out. For any of you guys up on the economy and this nation your going to like this. This perhaps is probably the only intellegent rap I've heard. :)

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What sold throwaways was their convenience. For example, rather than washing cloth towels or napkins, consumers welcomed disposable paper versions.

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The way money is created and issued, who creates it and in what form—as debt or debt-free, in one currency or another—largely determines whether a financial system works fairly and efficiently or not.

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Over the past three decades - largely since Reagan - debt (both private and public/government) has expanded much more rapidly than the economy has grown.

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The countries of the East Asia and Pacific region have been deeply affected by the worst global economic and financial crisis in generations.   

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There are at least three quite different kinds of inequality, and they are all destructive of human lives and of human societies.

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Latin America needs to maintain its fiscal and monetary policies close to the chest to stabilize its economies and solidify the gains made over the last decade.

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Thimphu, Bhutan - In the thick of a global financial crisis, many economists have come to this Himalayan kingdom to study a unique economic policy called Gross National Happiness, based on Buddhist principles.

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Why not just let General Motors, and perhaps Ford and Chrysler, just go bankrupt? Even as auto industry executives and their political allies clamor for a bailout, the anti-bailout chorus is growing louder.

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When leaders of the 20 largest economies gather in Washington this week, a centerpiece of their deliberations should be a Global Green Deal that capitalizes on the current economic crisis to build economically and environmentally sustainable economies.

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From bankers to factory staff, workers in the West face the bleak prospect of losing their jobs as a global recession starts to bite. For colleagues in the East, the pain is more likely to come through a pay cut.

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The Danish and Swedish governments have begun preparing the ground for referendums on joining the euro, as part of a huge political reversal across Europe's northern fringes in favour of the single currency.

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IS SURPRISINGLY low, according to PintPrice.com—only $2.46 per pint. Expect to see joy on the faces of Norwegians at the Olympics, then; they're used to paying almost $12 for the stuff.

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This is great! We spend a fortune buying oil from Kuwait, they take the profits and buy US Debt as a long term investment. I have an even better long term investment for the USA.

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The US has overstepped its borders in every way. We must build a new world order to ensure security and prosperity for all. The universal, indivisible character of security can be expressed as the basic principle that "security for one is security for all".

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An embryonic model for easing the human costs of free markets.

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My school used to offer two varieties of food. There was cafeteria food, which was inedible, and there were chocolate bars from the snack shop. For two years, I had four chocolate bars for lunch every day.

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