The U.S., Japanese and Chinese economies have regained their momentum and are leading the world in growth, according to the latest report Tuesday from a global monitoring group.
Israeli labor leaders and government officials announced Sunday they have reached an agreement, ending a nationwide general strike that paralyzed the public sector for days.
When I hear the word austerity, I immediately think of nuns -- plainly dressed, in austere living quarters, with stern expressions. It's an odd admission coming from a secular Jew who has never set foot in a Catholic school, but not a surprising one given that severe fiscal policies are being meted out on suffering nation-states like swift slaps of a ruler on a wrist.
The world's most powerful political leaders will gather this week in France to chart a course for the global economy as the outlook for growth remains fraught with risks.
Angel Gurria, Mexico's minister of finance between 1998 - 2000, is credited with helping steer his country's economy away from relative volatility toward a period of stability.
As a nation, either our kids are getting dumber or everyone else's are getting smarter. American 15-year-olds ranked 14th in reading, 17th in science and 25th in math in a study of students in 34 nations and nonnational regions.
Sizing up the magnitude of Mexico's obesity problem is as simple as visiting a clothing manufacturer. At Arush, a clothing factory in Mexico City, the changing demand has modified production. Buyers, including Mexican giant retailers like Soriana and Liverpool, are increasingly asking for "large" and "extra large" sizes, which have all but replaced production of "small" and "medium."
CNN's Rafael Romo reports that in the last 30 years, the percentage of overweight or obese Mexicans has tripled.
In the Alps, the term "going green" is not necessarily a good thing.
In science, 15-year-old students in the United States performed about average as compared to their counterparts in other industrialized nations, according to a report released Tuesday by the U.S. Education Department.
A global economic development agency plans to hold its biannual tourism conference in Jerusalem this week, a move that is welcomed by Israel and slammed by the Palestinians.
Finland has become the first country in the world to make broadband internet access a legal right for all citizens.
Those of us alive last night will one day retell the story of how mere mortals in Congress and the White House defeated a combined army of Harpies, Gorgons and Minotaurs that for decades have thwarted all efforts to reform the American health-care system.
Sweden's finance minister calls for an end to the "bonus culture" among bankers, a likely issue at the upcoming G20 summit.
CNN's Adrian Finighan asks the OECD's chief economist about the group's prediction of a "slow and fragile" recovery.
The French spend more time eating and drinking than anyone else among the world's wealthy nations, a new study reveals.
Finding a tax haven is easy. Just flip to the back of the Economist. "New Accounts in 8 Minutes" brags one ad. Another promises that no one is "better positioned to deliver solutions that work" on offshore companies. And yet another offers more than 20 years of experience and the "best prices guaranteed."
Making his international debut at the Group of Seven meetings in Rome, new U.S. Treasury Secretary Timothy Geithner said swift and decisive action is needed on several levels to address the global financial crisis.
The International Energy Agency has called for a global energy revolution to ensure future supplies and to stem the rise of greenhouse gas emissions.
CNN's Jim Boulden reports on British P.M. Gordon Brown's unveiling of an economic stimulus plan.
The dollar gained ground against other major currencies Tuesday as oil prices tumbled and the global economy continued to show sings of weakness.
The British government unveiled a package of tax cuts and increased spending targeted at first-time home buyers on Tuesday in a bid to reverse the country's worst housing slump in almost two decades
Oil prices fluctuated Tuesday as a stronger dollar and weakening crude demand from China balanced concerns about the Russia-Georgia conflict and its potential to disrupt crude supplies in the region
MME sits down with the Secretary General of the OECD, Angel Gurria to talk about the global problem of food price inflation.
U.S. students are lagging behind their peers in other countries in science and math, test results out Tuesday show
Today Treasury Secretary Henry Paulson outlined some steps the federal government, lenders and investors would try to do in order to save struggling homeowners.
Tuesday's record oil price may eventually become the norm, says a new report, as a growing world economy struggles to boost supplies
The subprime crisis engulfing world stock and credit markets weighed on oil prices again Friday, but declines were limited as market fundamentals continued to buttress prices.
UK Attorney General Lord Goldsmith on Friday denied media reports that he ordered investigators to conceal payments from an international anti-bribery watchdog agency.
Since few of us actually like to save, here's some incentive: a new study says Social Security will replace much less of your pre-retirement income than it has for retirees in the past.
Treasury prices slipped Tuesday after a group issued a report that suggested that the Federal Reserve may need to resume raising interest rates.
Thomas Bleha believes the United States stands to lose big if it keeps slipping behind other countries in the percentage of citizens with high-speed Internet access.
CNNMoney: Stocks' rate anxietyupdated: Tue May 24 2005 05:44:00
Renewed concern about rising interest rates could bring an end to stocks' recent rally Tuesday.
U.S. Treasury prices dropped Thursday in an initial reaction to firm inflation and jobs figures, although the losses were limited amid additional unrest in the Middle East.
Nobody knows how much money gets laundered around the world every year, except that it's probably a lot.
Money Magazine: Coming Upupdated: Wed Mar 01 2000 00:01:00
FEBRUARY
Want to glimpse globalization's next frontier? Head to Paris, where the Organization for Economic Cooperation and Development is inching forward on a landmark treaty designed to protect the rights-...
If you ever want to get the fur flying in a roomful of policy wonks, ask them whether the tax burden in the United States is excessive. Absolutely! the opponents of big government will roar, includ...
Nearly lost in all the dire headlines--Mexican peso collapses! economic aftershocks of japan quake! u.s.-china trade war looms!--is 1995's Big Event: the beginnings of a global expansion of breatht...
Even as its economies start to grow anew, Europe's average unemployment is expected to stay close to 12%, more than double the U.S. rate. Traditionally, economists have blamed high minimum wages, g...
Smart manufacturers these days don't give a supplier blueprints for parts; they set performance targets and let the supplier figure out how best to meet them. Is that the way monetary policy should...
If you want to see a real jobs problem, look at Europe. At its lowest, unemployment during the Eighties was still higher than the peak in the U.S. Today it's closing in on 10%, and the Organization...
THROUGHOUT his campaign, President-elect Bill Clinton called for a long-term, systematic plan to revive the U.S. economy. He proposed forging a partnership between government and industry, upgradin...
MOST Americans don't think they need an economist to tell them the nation has been underinvesting in its infrastructure. They can feel the evidence when they bounce through a pothole and see it in ...
WHEN YOU come down to it, the purpose of work and investment is to live well today and better tomorrow. That depends on each worker and machine yielding a growing output of ever more valuable goods...
IS A PROTECTIONIST trade bloc likely to emerge in Asia between now and the next millennium? Don't bet on it. In a region where the religions are as different as Taoism and Islam and the languages r...
What will it take to get America back on track? Leaving aside the recession and Chinese water torture aftermath, long-term growth has slowed markedly during the Seventies and Eighties from the prev...
Fortune: WHO'S INVESTING WHERE updated: Mon Jul 27 1992 00:01:00
Investors have more choices than ever in a world of mounting demand for money and increasingly efficient flows of information and capital. So when the U.S. economy tanked, foreigners had no trouble...
Fortune: COMPARING HEALTH CARE updated: Mon Jul 27 1992 00:01:00
It's easy to see why health care is one of the most wrenching issues in the U.S. when you compare costs and benefits with those of other industrial societies. The U.S. pays the most in both per cap...
YOU'VE ACCEPTED the grim international comparisons that show that Americans don't invest as much as the Japanese, save as much as the Germans, or relax as much as the French. Now you're being told,...
''If talk about 'free trade' puts you to sleep, you'd better wake up fast!'' So begins a newspaper ad campaign backed by a coalition of environmental, labor, and consumer groups out to sabotage the...
THE ENDURING global partnership between farmers and politicians is starting to come unstuck. The leading industrial powers, after years of bickering, now look ready to forge an agreement on rolling...
This item begins by broaching a weird analogy. At least, it received this rating from our friend the movie critic. We had called him to ask which was the Cagney film in which Jimmy is about to swag...
The triumph of capitalism does not come cheap. As country after country struggles to build its market economy, the world will need more money than it did in the Eighties. Latin America, Eastern Eur...
Fortune: SPREADING INVESTMENTS updated: Mon Jul 30 1990 00:01:00
Though much of the world's investment money sloshes around among the major countries of the Organization for Economic Cooperation and Development, more players jump into the pool almost daily. Ever...
Fortune: ESCAPING THE PAST updated: Mon Jul 30 1990 00:01:00
LATIN AMERICA After a decade of hyperinflation, debt, and poverty, Latin America has started to rumble with change. One incentive: revolutions on the other side of the globe. So far, reforms in Mex...
Fortune: SIGNALS updated: Mon Sep 12 1988 00:01:00
L. William Seidman, chairman of the Federal Deposit Insurance Corp., told a Senate committee that one or two banks may require substantial government assistance but that the banking industry's wors...
WESTERN EUROPE'S sturdy recovery has been marred by one glaring weakness, the economy's failure to create jobs. But Europe finally is breaking the employment jinx. The latest figures show that empl...
WESTERN EUROPE increasingly has the look of a marathoner able to go the distance. With West Germany leading the way, business investment and consumer spending have kicked in just as export growth b...
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