The head of the U.S. central bank says the economy is growing more slowly than expected. U.S. Federal Reserve Chairman Ben Bernanke Wednesday that the slower growth is due to temporary problems such as the disruptions caused by Japan's earthquake and...
For the first time in its modern history, Turkey has resisted a serious global economic crisis, and also has decoupled itself from the rest of Europe by rebounding strongly in 2010. Although Turkey's economy is booming, however, the new government ha...
Obama, Merkel Discuss Libya, Economy, Mideast Peace Welcoming German Chancellor Angela Merkel to the White House, President Barack Obama has hailed the strength of the U.S.-German partnership. On a sunny, hot morning the South Lawn was filled with mi...
President Barack Obama has defended his economic policies, saying the latest disappointing national employment figures demonstrate that more work needs to be done despite some growth in the economy. The president's remarks Friday were made at an auto...
U.S. economic growth slowed in the first three months of this year, as energy prices rose and state and local government spending fell. But many experts expect growth to recover later this year. The U.S. Commerce Department said Thursday that the U.S...
Economy, Development Central to Nigerian Voters Concerns Nigeria's economy is the second-largest in sub-Saharan Africa, after South Africa, but observers say that status is deceiving. They complain that Nigeria, despite billions of oil revenues and n...
The International Monetary Fund said Monday that the global economic recovery not only is continuing, but it is also strengthening. But, economists（经济学者） caution that unemployment and commodity prices remain high. IMF Chief Economist Oliv...
BERLIN, April 7 (Xinhua) -- German economy will increase 2.8 percent in 2011, according to a joint report issued by Germany's leading economic institutes on Thursday. The expectation was much better than the 2 percent increase for 2011 in the predict...
The disaster in Japan is expected to affect economies in Southeast Asia, but economists（经济学者） say the damage is likely to be limited. They say the region may even see increased investments from Japan as companies seek to diversify away fr...
WASHINGTON, Jan. 28 (Xinhua) -- The U.S. economy expanded by an annual rate of 3.2 percent in the fourth quarter of 2010, partly boosted by personal consumption and exports, the Commerce Department（商务部） reported Friday. U.S. real gross dome...
