Global Economy

Global Recovery, Is It Really You?

CP | Harry Dunphy, The Associated Press | Posted 03.16.2014 | Canada Business

WASHINGTON - The global economy is slowly picking up steam, led by advanced economies appearing to turn the corner after five years of financial crise...

Is the Economy Really "Different This Time"?

Peter Hall | Posted 11.26.2013 | Canada Business
Peter Hall

There's a clever-sounding phrase that has repeatedly wreaked havoc with the macro economy: "It's different this time." It's all over the place now, couched in neatly nuanced narrative about our "new normal." Is it once again misguided advice, or is there good reason to believe that this time really is different?

Should the Global Economy Brace for Another Middle Eastern Oil Crisis?

Jeffrey Rubin | Posted 11.03.2013 | Canada
Jeffrey Rubin

The U.S. military has targets picked out in Syria and President Obama is trying to convince Congress that America needs to intervene. If the U.S. does go ahead with tactical strikes against the Assad regime, oil markets will be caught in the middle. Any significant reduction in exports will be felt in the rest of the world.

Will the Summer Shine on or Sour the Economy?

Peter Hall | Posted 09.10.2013 | Canada Business
Peter Hall

There's a sour seasonality that has become entrenched in recent global economics. In the past few years, summer has become a disarmingly punctual momentum-killer of global production. Perhaps the most critical question in EDC's Summer 2013 Global Export Forecast is whether we are in for yet another summer drubbing, or whether this is the year we break with that sorry tradition.

What's Asia's Bellwether Economy Saying?

Peter Hall | Posted 05.14.2013 | Canada Business
Peter Hall

Just when the Western World was worried about a serious double-dip recession, the unthinkable happened: Asia faltered.

Global Standards and International Industries

Ian Lifshitz | Posted 05.01.2013 | Canada
Ian Lifshitz

We often hear the expression "global village", however the many differences from one region to another mean very different legal frameworks from count...

Buyers Control the Bucks. What Are They Saying?

Peter Hall | Posted 03.20.2013 | Canada Business
Peter Hall

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?

Grab Your Goggles, We're Swimming in Oil

Peter Hall | Posted 02.19.2013 | Canada Business
Peter Hall

Surprise of the year: World oil production is rising more than was forecast. A shock? No, that's what happens when prices spike. What is surprising is that it's occurring right in our backyard -- in the good ol' USA. The bottom line? How quickly we have gone from running out of oil to being awash in the stuff. Maybe the surprise is that we are surprised that history is merely repeating itself!

The Best Way to Grow the Economy? Creativity

John M. Eger | Posted 01.19.2013 | Canada Business
John M. Eger

Importantly, Canada and nations like America have entered a new phase in which promoting creativity and innovation represent the only option for boosting global competitiveness. Canada or any country desirous of succeeding in an interconnected world must aggressively adopt the idea that creativity is the single most important ingredient to reinventing itself.

Global Economy DOWNGRADED

CP | Elaine Kurtenbach, The Associated Press | Posted 12.09.2012 | Canada Business

TOKYO - Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the Internatio...

If You're a CEO, Don't be a Hypocrite

Randall Craig | Posted 05.16.2012 | Canada Business
Randall Craig

Is there a conflict between your organization's policies externally, and the ground rules it enforces internally? In today's world of many-to-many contact and community-building, philosophical alignment is no longer optional. And without alignment, there is hypocrisy.

Ex-Clinton Adviser: 'Karl Marx Had It Right'

The Huffington Post Canada | Scaachi Koul | Posted 10.15.2011 | Canada Business

In light of plummeting stocks and rising joblessness, economist Nouriel Roubini isn't too optimistic on the state of the global economy. Roubini, w...

'Total Fear': Dow Wipes Out 2011 Gains

CNN | Posted 10.04.2011 | Canada Business

Whoops! There goes any progress stocks made in 2011. Stocks plunged Thursday, with the Dow tumbling 500 points just before the close, as fear about th...

Smaller Penises Mean Bigger Economies, Study Says

The Atlantic | Posted 09.18.2011 | Canada Business

In a study published today, the University of Helsinki's Tatu Westling points out a surprising strong correlation between a country's GDP growth rate ...