World Bank Chief Says World Economy In New Danger Zone

WASHINGTON (Reuters) - The head of the World Bank said Wednesday the world had entered a new economic danger zone and that Europe, Japan and the United States all need to make hard decisions to avoid dragging down the global economy.

Sections:  news   world   business   
Topics:  economy   europe   global economy   japan   world bank   
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • Coronavirus: Texas becomes first US state to administer 1m vaccine doses — as it happened
    Germany’s 2020 contraction shows economy in better shape than thought. Norwegian to abandon long-haul market as it fights for survival. France tightens Covid curfew and border controls.
    01/14/2021 - 7:18 pm | View Link
  • Gantz: I was wrong to shake Netanyahu’s hand, parties that oppose him must unite
    Blue and White chief says PM 'deceived me, deceived you'; urges politicians to let go of ego and grievances and 'unite for the good of the country' ...
    01/10/2021 - 10:23 pm | View Link
  • Five things to watch for in the Canadian business world in the coming week
    TORONTO — Five things to watch for in the Canadian business world in the coming week: Banking conference Bank ... Chief economists from Canada’s big banks said on Jan. 7 that they expect the ...
    01/10/2021 - 2:27 am | View Link
  • Debt dangers hang over markets
    In the midst of a global pandemic and one of the steepest recessions ever, mainstream investment markets are very fully valued by historic standards. Since their bounce back from the ...
    01/7/2021 - 4:05 pm | View Link
  • Breakingviews
    The conventional wisdom in banking circles is that the pandemic of 2020 has vindicated the post-2008 drive to make lenders more robust. Institutions like HSBC, and JPMorgan entered the pandemic with ...
    01/5/2021 - 2:51 am | View Link
  • More


Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News