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Six years beyond the onset of global crisis and the lamentation seems louder: pundits are increasingly perplexed by the planet's prolonged period of perpetual perturbations. So, does anything stand out in 2014 as an "out of the blue" development?
Canada's overall numbers are not as impressive, but they reflect the growth rotation that will see exports and business investment grab the baton from the consumer and housing sectors. Conditions already favour export growth: a weakening loonie, a surge in leading sectors, a key export market that is leading the way, and strong demand for resources.
Is business growing? Ask the buyers. Want a hot gauge of economic activity? It's probably best to go to the front lines. There are many indicators of economic activity, but they don't all tell the same story. One of those is the purchasing managers' index, now collected for a wide array of countries. What are these "buyers" telling us?
Some of France's richest people, including the billionaire heiress of L'Oreal SA and the head of oil major Total SA, urged the government to tax them more to help solve the country's financial problem
In light of plummeting stocks and rising joblessness, economist Nouriel Roubini isn't too optimistic on the state of the global economy. Roubini, whose often foreboding economic views have garnered hi...