Business / Economy Jun 25, 2020
IMF downgrades forecast for global contraction to 4.9% in pandemic
The projections worsened to 5.8 percent for Japan, 8 percent for the United States and double digits for the euro area.
Business / Economy Nov 28, 2018
China envoy warns of dire consequences if U.S. hard-liners hold sway in bid to separate economies
China is going to this week's G-20 summit hoping for a deal to ease a damaging trade war with the United States, Beijing's ambassador to Washington said on Tuesday while warning of dire consequences if U.S. hardliners try to separate the world's two largest ...
Business Jul 1, 2017
BOJ issues rare apology over board member's remark about Hitler's economic policies
The Bank of Japan has issued a rare apology over a board member's praise for Adolf Hitler's economic policies. Yutaka Harada, a member of the central bank's Policy Board, told a seminar on Thursday that Hitler's economic policies had been "appropriate" and "wonderful" but had ...
Commentary / World Jan 9, 2014
Europe's prospects looked better in the 1930s
by Nicholas Crafts
Unless policies change, economic stagnation in the eurozone is likely to persist, posing in some ways a bigger challenge to recovery than the Great Depression did in the 1930s.