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May 2014 International Economic Fundamentals

Discussion in 'International News' started by Ally, May 1, 2014.

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    News articles for May 2014.
     
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    Countries whose populations have declined since 1990







    Here's a startling map from Michael McDonough that speaks volumes about the global demographics situation. It shows the only countries that have seen their populations decline since 1990.









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    G7 to discuss weaning Europe off Russian oil amid Ukraine crisis










    G7 energy ministers will meet in Rome next week to discuss how to counter Russian dominance of European energy markets.





    Natural Resources Minister Greg Rickford said Friday the Group of Seven ministers are gathering in response to events in Ukraine that serve as a reminder of the connection between energy security and national security.





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    New Zealand offers unemployed cash to move to quake-ravaged city





    WELLINGTON, New Zealand - Unemployed New Zealanders are being offered cash by the government to move to the earthquake-damaged city of Christchurch and join in the rebuilding effort.





    The government announced Tuesday it would pay welfare recipients 3,000 New Zealand dollars to move to the city if they found any kind of full-time work there.





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    Global economy strengthening but significant risks remain, says OECD








    Paris, France - The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the past economic crisis, according to the latest Economic Outlook from the Organisation for Economic Co-operation and Development (OECD).





    `Advanced economies are gaining momentum and driving the pick-up in global growth, while once-stalled cylinders of the economic engine, like investment and trade, are starting to fire again,` OECD secretary-general Angel GurrÃa said.





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    Japan's economy grows at fastest pace in two years as consumers rush to spend before tax hike





    Japan`s economy grew in the January-March quarter at the fastest pace in more than two years as consumers rushed to spend before a sales-tax hike and business investment rose in a sign of confidence in the prospects for future growth.





    The 5.9 per cent annualized expansion in the first quarter handily beat expectations of 4.2 per cent growth in a Reuters poll of economists.





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