world economy

Study shows China's inflation does not threaten US and Japan

harminka — Tue, 19 Feb 2008 02:27:36 -0600

There is no strong empirical evidence that inflation in China has a significant impact on inflation in the US and Japan. According to a study in China and World Economy published by Wiley-Blackwell, the recent rise in Chinese prices is unlikely to affect Japan or the US. Conversely, there is evidence that the inflation in the US has had some impact on Chinese inflation.

European leaders to hold talks on world financial crisis

Armen Hareyan — Mon, 28 Jan 2008 09:22:22 -0600

The leaders of Britain, France, Germany and Italy plus the European Commission will meet in London on Tuesday to discuss how to respond to recent turmoil on global financial markets.

Turbulence provides opportunity for reform

seher — Fri, 25 Jan 2008 12:53:31 -0600

The PM has outlined his ideas to use the current global financial turbulence as an opportunity to reform and strengthen the world economy.

China to be new driver of world's economy and innovation

harminka — Fri, 25 Jan 2008 05:32:34 -0600

A new study of worldwide technological competitiveness suggests China may soon rival the United States as the principal driver of the world’s economy – a position the U.S. has held since the end of World War II. If that happens, it will mark the first time in nearly a century that two nations have competed for leadership as equals.

Annual World Bank, IMF Meetings Open Under Economic Cloud

Dinka — Sat, 20 Oct 2007 12:11:27 -0500

Member nations of the International Monetary Fund and World Bank will open their annual meeting in Washington Saturday in the shadow of a worldwide economic slowdown.

Armenia: The Economy Still Grows In Double Digits

Armen Hareyan — Thu, 20 Sep 2007 11:44:32 -0500

Armenia's economic growth accelerated to 13.6 percent during the first eight months of this year, according to preliminary statistics released by the government on Thursday.

World’s Emerging and Developed Markets Fall in August, Says S&P

Armen Hareyan — Thu, 13 Sep 2007 00:36:20 -0500

S&P Releases August Global Stock Market Review.

Armenia's GDP grew by 12,1% in Jan. July 2008

Armen Hareyan — Mon, 20 Aug 2007 09:01:05 -0500

The growth of Armenia's GDP in January-July of 2007 totaled 12,1%, as compared to the same period of 2006, making the country an attractive place for new investments. As the press service of the National Statistical Service of Armenia told Mediamax today, the GDP volume in January-July of 2007 totaled 1287363.0mln drams.

Putin Assails Western-Created Economic Groupings

Dinka — Mon, 11 Jun 2007 10:26:23 -0500

Russian President Vladimir Putin used an address at an international economic forum in St. Petersburg yesterday to call for a revolution in world economic relations. Putin said current institutions created by the West were "archaic, undemocratic, and inflexible."

Central Bank Chiefs Optimistic About World Economy

Dinka — Wed, 06 Jun 2007 11:34:23 -0500

The central bank chiefs of Japan, Europe, and the United States Wednesday expressed optimism about short-term economic prospects in their economies. As VOA's Barry Wood reports, the central bankers spoke via video link with their counterparts attending a monetary conference in South Africa.

UN: Dollar crash must be averted to sustain global economic growth

Dinka — Wed, 30 May 2007 12:52:53 -0500

In order for current world economic growth rates to continue, it is crucial to keep the United States dollar from falling rapidly while also avoiding a recession, says a United Nations report.

World Bank: Bush Names Zoellick As New Chief

Dinka — Wed, 30 May 2007 11:56:27 -0500

U.S. President George W. Bush has named Robert Zoellick, a former trade representative and top diplomat as his nominee to head the World Bank. Bush said the 53-year-old Zoellick is devoted to improving the world economy.