Search Results for: employment
What Lessons from Part-Timers about the US Labor Market?
June 15th, 2015
The US unemployment rate has been in the range of 5.4-5.5% since February, which is clearly a vast improvement from its peak of 10% in October 2009. But of course, no single number will capture the health of the ...
Bank of Russia key rate
June 15th, 2015
On 15 June 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 12.50 to 11.50 percent per annum, taking account of lower inflation risks and persistent risks of considerable economy cooling. Amid significant contraction in consumer demand and ruble appreciation in February-May 2015, consumer ...
Fast Facts about the Debt Crisis in European Countries
June 11th, 2015
Here’s a look at the European Debt Crisis which has affected the countries of Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus: July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys the ...
Nikkei Leads Asia Markets Higher, Seoul Boosted by Rate Cut
June 11th, 2015
Nikkei Stock Average rises, South Korea breaks four-day losing streak Stocks in Asia rebounded Thursday, with a weaker yen lifting Japan and a rate cut in South Korea helping shares there break a four-day losing streak. The Nikkei Stock ...
Asian shares slip, China’s imports disappoint
June 8th, 2015
An index of Asian shares extended losses on Monday after Chinese imports declined more than expected, while the dollar was higher after upbeat U.S. employment data raised bets that the U.S. central bank would raise interest rates as early ...
IMF Urges Fed to Wait on Interest Rates Until 2016
June 5th, 2015
The International Monetary Fund on Thursday slashed its forecasts for U.S. economic growth, calling for the Federal Reserve to hold off its first rate increase in nearly a decade until 2016. In its annual review of the U.S. economy, ...
Strengthening investment key to improving world economy’s B-minus grade, says OECD
June 3rd, 2015
Global growth will gradually strengthen towards its pre-crisis trend rate by late 2016 as activity becomes more evenly shared across the major economies and overall external imbalances are less marked than in the run-up to 2007, according to the ...
KPMG: Big Four player poses new threat to law firms
June 2nd, 2015
KPMG is growing its legal arm beyond tax, threatening to become a major player in the legal services market. Speaking to Lawyers Weekly, Jeremy Geale, the head of KPMG’s tax controversy team, said the Big Four firm is boosting the ...
Western Europe overtakes China and North America as #1 investment destination with FDI projects at record high
May 27th, 2015
US$305b invested into the region, 36% year-on-year increase UK, Germany and France remain the preferred destinations for foreign direct investment (FDI) within Europe, while Turkey enters the Top 10 More than half (59%) of investors into the region believe ...
Bank of Japan: Statement on Monetary Policy
May 22nd, 2015
1. At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by an 8-1 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank of ...
