Category Archives: Economy

China Investment Firms Cutting Back on Europe Bonds

The president of China’s leading sovereign wealth fund has said that his firm has stopped buying sovereign debt from countries in the Eurozone. Chinese investment firms considered enforcing this policy…

World Shaken Over Developments in Greece

The global financial community is starting to get nervous about the developments in Greece again. The citizens of Greece were demanding new responses from their political leaders on Sunday. Both…

Eurozone Political Changes Causing Panic

The debt crisis in the Eurozone is one of the biggest concerns for the global economy. In addition to the debt crisis, the eurozone now must contend with new political…

United States Jobs Report Raises Major Concerns

The global financial and economics community looked eagerly to the United States jobs report. This report was the biggest indication of the future of the United States economy throughout the…

Investors Worried About United States Jobs Recovery

The global community is becoming nervous about the future of the United States jobs market. Over the past five months, the data from the Bureau of Labor Statistics has been…

The UK Officially in a New Recession

According to a new report from the Office of National Statistics, the UK has officially entered a new recession. ONS figures show that the country has not experienced a double…

Greek Default Burden Shifting to TaxPayers

Greece has officially defaulted, which has helped them reduce their debt-to-GDP ratio. Although Greece’s debt burden has alleviated some of the fears of Greek citizens and global investors, it has…

Eurozone Economy Growth Unexpectedly Stalls

A number of business surveys conducted throughout the Eurozone have shown that business activity has unexpectedly tapered off. This came as a shock to the global financial community, which was…

Minimum Wage Figures for Younger Workers to Remain Steady

The economic crisis continues to be particularly hard on young workers. The government is considering different measures to fix the growing rate of unemployment among citizens in the 16-20 year…

Investors Spirits Ironically Fade as U.S. Central Banks Give Positive Outlook on Economy

Investors have been particularly nervous about a number of economic shortcomings over the past few months. The Greek debt crisis and a potential slowdown of the global economy have presented…