by Associated Press Published: January 18,2010
Tags: gas, global economy, Oil, supply and demand
Oil prices hovered around $78 a barrel this morning as traders weighed doubts about global oil demand against a weaker U.S. dollar, which made crude cheaper for investors holding other currencies. By midday in Europe, benchmark crude for February delivery was up 30 cents to $78.30 a barrel in electronic trading on the New York [...] [...]
by Associated Press Published: January 18,2010
Tags: global economy, recession
TOKYO, Japan — The head of the IMF said China and other developing Asian economies are leading a global recovery that is faster and stronger than expected, but warned that money rushing into emerging markets could lead to asset bubbles. Dominique Strauss-Kahn, the managing director of the International Monetary Fund, strongly suggested today that the [...] [...]
by Wally Northway Published: October 27,2009
Tags: global economy, manufacturing
Manufacturing labor productivity decreased in 2008 in 12 of the 17 economies compared by the Bureau of Labor Statistics. The Republic of Korea and the United States had the largest productivity increases (1.2 percent each) among the five economies where productivity increased. Singapore had the steepest productivity decline (-6.6 percent). For all economies, labor productivity [...] [...]
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