Progress toward sustainable development is seriously off-track
People around the world are taking to the streets to protest against rising living costs and real or perceived injustice. They feel the economy is not working for them – Continue Reading
IEA: global energy efficiency progress drops to slowest rate since start of decade
Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Continue Reading
Global Factory Slowdown Takes Toll On Jobs
Factory output continued to weaken in many parts of the world during October, according to surveys of purchasing managers, though there were signs of mild improvement in the U.S. Over Continue Reading
Consumers support U.S. economy as business spending slumps
U.S. economic growth slowed less than expected in the third quarter as a further contraction in business investment was offset by resilient consumer spending, further allaying financial market fears of Continue Reading
Economy Grew at 1.9% Rate in Quarter, Hit by Trade Fight and Global Weakness
Dogged by uneasiness over trade frictions and weak global growth, the American economy’s growth inched lower over the summer. Gross domestic product — the broadest measure of goods and services Continue Reading
Euro zone third-quarter growth unexpectedly steady, inflation slows on cheaper energy
Euro zone economic growth in the third quarter defied market expectations of a slowdown and was steady quarter-on-quarter, preliminary data showed on Thursday, while headline inflation slowed because of a Continue Reading
‘Peak Car’ Is Holding Back the Global Economy
At this week’s biennial Tokyo Motor Show, Toyota Motor Corp.’s booth didn’t feature any cars its customers can buy. Instead, the company showcased a mobile service that gives you a Continue Reading
U.S. economy likely lost further ground in third quarter
The U.S. economy likely slowed further in the third quarter, held back by a moderation in consumer spending and declining business investment, which could spur the Federal Reserve to cut Continue Reading
German exports to shrink for first time since global financial crisis: DIHK
German exports will shrink next year for the first time since the global financial crisis over a decade ago, the DIHK Chambers of Industry and Commerce said on Wednesday, as Continue Reading
U.S. Factory Slump Shows Manufacturing Isn’t the Bellwether It Used to Be
This has been a difficult year for American manufacturers, marked by trade war volleys and a global economy that is running out of steam. Output, investment and employment are down Continue Reading