Monday, May 21, 2018

China’s state-led growth won’t work in Africa: Former Nigeria finance minister

For Okonjo-Iweala, it is important to demonstrate the fruits of African business deals with China to the public. She described Beijing-funded new airport...

US should watch its debt pile before ‘things get out of hand,’ Fed’s Mester...

U.S. debt-to-GDP reached 104 percent in 2017, its highest level since 1946, when it hovered around 120 percent. Total U.S. debt has surpassed...

NAFTA negotiators are struggling to meet a congressional deadline

AS FAR back as the campaign trail, President Donald Trump had promised to renegotiate or rip up the North American Free Trade Agreement...

Fed’s Mester reiterates support for gradual US rate increases

The Federal Reserve should continue its gradual approach to raising interest rates given that inflation has not yet reached the U.S. central bank's...

A WTO ruling on aircraft subsidies raises the risk of a tariff war

THE manufacture of airliners may be the world’s most globalised industry. Only two firms make big civil jets: Boeing of America and Airbus...

Market now pricing in four interest rate hikes this year

As things stand, Fed officials currently are indicating a total of three hikes this year. However, the Federal Open Market Committee meets in...

World economic growth is slowing. Don’t worry—yet

IN 2017 the global economy broke out of a rut. It grew by 3.8%, the fastest pace since 2011. Surging animal spirits accompanied...

Homebuilder sentiment rises thanks to strong demand and slim supply

Prices for newly built homes continue to rise, as builders focus more on the move-up market as opposed to the entry level, where...

China’s vanished current-account surplus will change the world economy

NOT long ago China was a leading culprit in global economic imbalances. Whether blame was ascribed to its undervalued yuan or its frugal...

US weekly jobless claims total 222,000, vs 215,000 expected

New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans on unemployment rolls fell to its...

Latest article

US man keeps dog safely inside house he burgles

Police in the US release video of a burglar who helped keep a dog from escaping the family home. Source

L’«académie politique» de Marion Maréchal sera inaugurée le 22 juin

INFO LE FIGARO - Les premiers élèves de cet établissement installé à Lyon sont attendus pour septembre prochain. ...