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Keyword: globalgrowth

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  • IMF revises up global growth forecast helped by Trump tax cuts

    01/22/2018 6:54:01 AM PST · by BenLurkin · 1 replies
    Reuters ^ | 01/22/2018
    It also said that economic activity in Europe and Asia was surprisingly stronger than expected last year, and global growth in 2017 was now estimated to have reached 3.7 percent, 0.1 percentage point higher than the Fund projected in October. “The U.S. tax policy changes are expected to stimulate activity, with the short-term impact in the United States mostly driven by the investment response to the corporate income tax cuts,” the IMF said in the update, which was released on the sidelines of the World Economic Forum in Davos, Switzerland. “The effect on the U.S. growth is estimated to be...
  • Risk Analysis Group Says a Donald Trump Presidency Would Drag Down Global Growth

    A swooning Chinese economy. The rising specter of global jihad. Russia lurching toward a new Cold War with the West. These are among the top threats facing the global economy, and now a leading risk analysis firm has added another wild card to its list: Donald J. Trump. The Economist Intelligence Unit, based in London, has been carefully monitoring Mr. Trump’s march toward the Republican presidential nomination, and on Wednesday it warned in a report that a President Trump could be a drag on global growth. “In the event of a Trump victory, his hostile attitude to free trade, and...
  • Global Growth Has Collapsed

    09/25/2012 6:21:45 AM PDT · by blam · 7 replies
    TBI ^ | 9-25-2012 | Joe Weisenthal
    Global Growth Has Collapsed Joe WeisenthalSep. 25, 2012, 5:44 AMThe below chart comes from Morgan Stanley's latest Strategy Forum deck, and though it's simple, we suspect a lot of people haven't seen it yet, or really haven't made the connection between the chart and other big economic stories of the day. This is the chart that's causing warnings from FedEx. This is the chart that's contributed to the collapse of the Shanghai Composite. This is the why the Baltic Dry Index is down 60% this year. It's why US manufacturing indices are giving off the weakest signs of the economy....
  • Secretary of Treasury Timothy F. Geithner Remarks at the Brookings Institution

    10/10/2010 6:38:37 PM PDT · by Cindy · 12 replies
    NOTE The following text is a quote: www.treas.gov/press/releases/tg894.htm October 6, 2010 TG-894 Secretary of Treasury Timothy F. Geithner Remarks at the Brookings Institution As Prepared for Delivery This weekend, finance officials from around the world will gather in Washington, along with the senior management of the International Monetary Fund and World Bank. The G-20 Finance Ministers and Central Bank Governors meet in Korea later this month, followed by the G-20 Heads of State in November. I want to outline our objectives for these meetings. A period of unprecedented international cooperation Two years ago, the world economy was in the grip...
  • It's not the currency stupid, it's integration!

    11/09/2005 9:02:36 PM PST · by Seizure · 21 replies · 445+ views
    WorldNetDaily ^ | February 11, 2004 | Joan Veon
    "How do you integrate individual countries into one big world system? Well, first you have to drop national laws that impede global growth in finance, economics, trade, customs, transportation, etc. This has been done."