It started in three countries, it started in africa the western of africa. Now it is all over the world, a killer virus. They say we get it from gorillas others say it is not true but the fact is you get it. 583 more words
Tags » World Economy
by Michael Roberts
Last week I spoke on a panel that debated De-industrialisation and socialism. The panel was organised by Spring, a Manchester-based group in England that has become a forum for the discussion of developments in capitalism and their implications for the prospects for socialism ( 1,896 more words
BEIJING – China’s economic growth waned to a five-year low of 7.3% last quarter, raising concerns of a spillover effect on the global economy but falling roughly in line with Chinese leaders’ plans for a controlled slowdown. 706 more words
As if investors didn’t have enough to worry about, corporate earnings are now becoming a fear factor.
A spate of disappointing results in the past week have added to market volatility as traders grow concerned that the weak global economy is hitting corporate bottom lines. 456 more words
The Ebola virus used to seem like something far off in the wilds of Africa. But what began as a few isolated incidents over the past 40 years has recently spread across multiple countries in West Africa, killing over 4,500 people to date. 482 more words
Source: The Telegraph, by Ambrose Evans-Pritchard
Combined tightening by the United States and China has done its worst. Global liquidity is evaporating.
What looked liked a gentle tap on the brakes by the two monetary superpowers has proved too much for a fragile world economy, still locked in “secular stagnation”. 186 more words