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News & Updates
April 11, 2016 World Bank: East Asian Growth to Remain Over 6 Pct in 2016Source: NY Times
Growth in developing East Asia and the Pacific is expected to remain resilient despite the slowdown in China and a gloomy global outlook, the World Bank said Monday.
Duluth News Tribune - The Great Lakes Ballast Water Working Group recently released its report for 2015 saying 100 percent of vessels bound for the Great Lakes Seaway from outside North America received a ballast water management...
March 24, 2016 Yum Is in Talks to Sell a Stake in China Business to KKRSource: Fortune
Yum Brands Inc ( YUM 1.99% ) , owner of KFC and Pizza Hut, is in talks with private equity firms including KKR & Co LP ( KKR -4.51% ) and Hopu Investments to sell a minority stake in its China operations as it prepares to spin...
Petroleos de Venezuela SA, the state-owned oil company, has ordered millions of barrels of crude from the U.S. this year, according to published reports and data provided to Bloomberg, in a sign of how the lifting of the ban on...
The Brazilian government, already struggling with a deep recession and Zika virus pandemic, is now fighting just to survive.
Source: NY Times
TOKYO — Global shares jumped Wednesday after encouraging signs of strength in the U.S. economy sent shares higher on Wall Street, and a weaker yen boosted Japan's benchmark.
February 29, 2016 The world should stop relying on U.S. consumers: U.S. Treasury chief LewSource: Reuters
U.S. Treasury Secretary Jack Lew called on G20 members on Saturday to redouble their efforts to boost global demand instead of relying on the American consumer to drive growth.
February 29, 2016 'Brexit' Vote: Why Britain Could Quit E.U. and Why America CaresSource: NBC News
Britain will vote on whether to leave the European Union in a national referendum on June 23 that could have profound implications for the U.S.
February 26, 2016 Pound Gains From Lowest Since '09 as Traders Weigh `Brexit' RiskSource: Bloomberg
Sterling has still tumbled 2.8 percent since last Friday, putting it on course for its worst week since May 2010, when an inconclusive general election led to the formation of the U.K.’s first post-war coalition government. The...
China stocks tumbled more than 6 percent on Thursday, their biggest one-day loss in a month, as investors booked profits after the market's recent rebound and awaited policy cues from global leaders gathering in Shanghai for a...
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