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#Global Economy

# global-economy - Sunday 24 March, 2019

Opinion: How you see the Irish economy depends on if you're a glass half-full or half-empty kind of person

In many ways, the Irish economy looks to be in ‘Goldilocks’ territory: not too cold, but still not too hot, writes Victor Duggan.

# global-economy - Tuesday 30 August, 2016

FactCheck: Is Ireland actually the world's "most globalised" country?

FactCheck looks into a claim that has been doing the rounds online in recent days.

# global-economy - Thursday 30 June, 2016

Obama raises concerns about global growth in the wake of Brexit vote

At a time when global growth rates are already weak, “this doesn’t help”, the US president says.

# global-economy - Wednesday 7 January, 2015

Explainer: Oil prices have dipped below $50 a barrel. But Ireland could be a winner...

Here’s why falling oil prices matter.

# global-economy - Friday 25 July, 2014

IMF cuts 2014 global growth forecast

Russia was likely to see its economy brought to the brink of recession but the IMF has now slashed the country’s growth forecast.

# global-economy - Monday 16 July, 2012

IMF predicts slower economic growth for world

Europe’s financial crisis and a potential budget crisis in the United States could slow world growth even further, according to the International Monetary Fund’s latest forecast.

# global-economy - Tuesday 14 February, 2012

14th EU-China Summit to focus on 'strengthening cooperation'

Eurozone debt, carbon charges and EU’s embargo on Iranian oil are all expected to be discussed during the summit.

# global-economy - Monday 13 February, 2012

OECD sees signs of economic turnaround

The Organisation for Economic Cooperation and Development says a turnaround in the world’s major developed economies is being led by the US and Japan.

# global-economy - Friday 2 December, 2011

Column: Cardinal Rules - on protecting yourself from financial catastrophe

This week, the (not) Primate of All Ireland discusses real money, imaginary money and potential money – with the aid of a chicken, a puppy and a goat.

# global-economy - Monday 21 November, 2011

China predicts grim outlook for global economy during trade talks

China has insisted that “imbalanced growth” is better than balanced recession – confirming it plans to focus on bolstering its own economy before addressing trade strains with other countries.

# global-economy - Tuesday 8 November, 2011

Gallery: The 10 most influential people in finance... Power 100 This post contains images

Gallery: The 10 most influential people in finance...

…according to the US wealth management magazine Worth, including the German Chancellor and new ECB chief.

# global-economy - Thursday 27 October, 2011

Shares continue rally after US records 2.5 per cent GDP growth

The US economy grew at an annual rate of 2.5 per cent in the third quarter of 2011 – averting the risk of a second recession.

# global-economy - Wednesday 12 October, 2011

China slams US currency bill as threat to trade

Beijing has descried a US currency bill as a threat to a shaky global economic recovery -and warned that trade ties will be “severely damaged” if it becomes law.

# global-economy - Sunday 25 September, 2011

IMF warns about funding capacity for future bailouts IMF

IMF warns about funding capacity for future bailouts

The fund is calling for major international cooperation in tackling the debt crisis and averting another global recession.

# global-economy - Monday 16 August, 2010

JAPAN HAS FALLEN from its position as the world’s second-largest economy as receding growth hampers the country’s recovery.

Three decades of growth for China have seen it beat Japan in the second quarter.

Analsysts expect China to stay on top this year, as the country’s growth for this year is around 10%, while Japan’s is hovering around 2-3%. Japan’s Nikkei is close to a 13-month low and its 0.6% drop today contributed to a fall in world stock markets today.

Some economists are predicting China will unseat the US as the world’s number one economy by 2030.

Beijing-based UBS economist Wang Tao told the New York Times:

This is just the beginning. China is still a developing country. So it has a lot of room to grow.

China is already the world’s largest exporter, car buyer and steel producer. It is also the world’s number one energy consumer. China’s energy use more than doubled in the past decade.