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ThinkstockThis is what American International Group Inc. (NYSE: AIG) CEO Robert H. Benmosche told The Wall Street Journal when he was asked about the public’s negative reaction to bonuses paid to...
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ThinkstockYi Gang, the deputy governor of the People’s Bank of China, recently said that the world’s second largest economy has recovered from a nasty period in the first half of 2013. The...
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ThinkstockWith the federal government shutdown in the United States, there is much more focus on international monetary agencies and non-governmental economic reports. The calls from the...
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ThinkstockIt likely was inevitable that the white-hot growth of Asian economies would slow, if only because of the recession-like conditions around the rest of the world. Now, that is happening, and...
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ThinkstockThe last government shutdown in 1995/1996 lasted more than three weeks. The one that is about to start could last longer. The stakes are not just over the budget and President Obama’s...
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ThinkstockThe worst terrorist violence in 15 years exploded in Kenya last weekend when a Somalian militant group known as al-Shabaab attacked a shopping mall in the Kenyan capital of Nairobi. More...
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ThinkstockData from both China and the European Union showed that any post-recession slowdown will not turn into another dip. A few months ago, slowing PMI and EU economic numbers that dropped like a...
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ThinkstockU.S. government debt held by the public has soared for the past several years and now stands at 73% of total U.S. gross domestic product (GDP). Except for a short period around World War...
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ThinkstockAfter sliding in the rankings for four consecutive years, the United States moved up two places in the World Economic Forum’s competitiveness ranking, from seventh last year to fifth in...
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The World Economic Forum just issued the current Global Competitiveness Report (2013-2014). The study is one of the most dense and complex assessments of national economies. It also pretends to rate...
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ThinkstockThe Organization for Economic Co-operation and Development (OECD) released its “Interim Economic Assessment” for 2013. The agency expects modest growth in global gross domestic product...
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thinkstockThe United Kingdom has decided to refrain from an attack on Syria, although the United States may go it alone (or perhaps with France.) Obama has agreed to pass the decision to Congress...
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ThinkstockThe United Kingdom has decided to refrain from an attack on Syria, although the United States may go it alone. The American decision could blunt the use of chemical weapons. Additionally,...
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ThinkstockThe quarter-over-quarter rise in U.S. gross domestic product (GDP) was 2.5% in the second quarter of 2013, according to data released Thursday morning by the U.S. Department of Commerce....
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ThinkstockThe Syrian crisis drove oil prices to $111 a barrel. The crisis may well be worse if the U.S. strikes government installations there with drones. If Bashar al-Assad’s government reacts...
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