The U.S. unemployment rate fell to 7 percent in November, the lowest since November 2008, raising questions about how much longer the Fed will keep fueling the economy with monetary stimulus. Read Here – Businessweek Let It Ride – The Economist
Is globalization running out of steam? A new study shows that cross-border investment and trade flows declined worldwide in 2012, ending a two-year recovery after the global financial crisis. Read Here – BusinessWeek See the study here
To remain competitive, modern economies need to establish banking systems capable of providing stable access to credit to talented entrepreneurs and responsible households. Read Here – Foreign Affairs
As hundreds of thousands of Filipinos struggled to find food, water, shelter and the bodies of loved ones in the wake of Typhoon Haiyan, China quickly dipped into its world-leading $3.7 trillion of currency reserves and came up with … all of $100,000, William Pesak writes. Read Here – Bloomberg
The World Bank’s survey of Women, Business and the Law reports that almost 90 percent of the world’s countries still have at least one legal difference restricting women’s opportunities in 2014. Read Here – Businessweek
With the value of the rupee plunging to new lows, the current account deficit at an all-time high and inflation running at nearly a ten-percent annual clip, India is in serious economic trouble. Indeed many are beginning to wonder whether the country is edging toward a replay of the events in the summer of 1991. Read […]
In the coming months, highly consequential policy decisions (or their absence) in systemically critical parts of the global economy will be revealed, with significant effects on growth rates, asset prices, and overall confidence. Read Here – Project Syndicate
World economic growth will struggle to accelerate this year as a U.S. expansion weakens,China’s economy levels off and Europe’s recession deepens, the International Monetary Fund said. Read Here – Bloomberg
The bulls are running on Wall Street, but the chief of America’s central bank worries that the market remains dangerously fragile. Federal Reserve Chairman Ben Bernanke explained why on Friday, May 10, in a speech in Chicago at the Fed’s branch there. Here are five things that nag at Bernanke, in his own words. Read Here – Businessweek
For the past three years, economists have been arguing about whether growth—the way we’ve understood it in developed economies—will ever return to the wonder years of the end of the 20th century. This week, cautiously, quietly, the Congressional Budget Office weighed in: Maybe economic growth is slowing for good. Read Here – Businessweek
looking beyond borders 