Where is the American Economy going?

And the economy has showed some signs it was on the 1) mend. New 2) claims for 3) unemployment benefits dropped 4) unexpectedly last week although they do remain at high levels, and 5) analysts expect

2017年CRI Attendees of World Economic Forum optimistic about Chinese economy

Li Daokui, Director of the Center for China in the World Economy at Tsinghua University, was among those noting the growing role of consumption and services in the world's second largest economy. Consumption contributed to more than 70% of China's ec

IN THE NEWS - High Oil Prices and the World Economy

IN THE NEWS - High Oil Prices and the World Economy By Jill Moss Broadcast: Saturday, August 27, 2005 I'm Shep O'Neal with IN THE NEWS in VOA Special English. This week, crude oil traded briefly at a

VOA标准英语2013--World Economy Remains Fragile

World Economy Remains Fragile The World Bank says four years after the start of the financial crisis, the global economy remains fragile. Growth in high-income countries remains weak. The bank recommends that developing countries not wait for rich na

2016年CRI G20 Meeting Enhances Confidence in Economy

As part of a joint declaration issued after the sessions, the Finance Ministers and Central Bankers have agreed that stimulus measures will continue to be needed to try to spur growth. All have agreed that the global economy needs to look beyond ultr

英闻天下——24 Chinese Economy Set for Soft-landing?

There has been a lot of discussion here in China this year about the status of the economy, and where China's economic fortunes are headed. As such, today's keywords are soft landing. CRI's Ding Lulu has more. Lowering the GDP growth target is mainly

IMF Economists Call for Greater Effort to Rebalance China's Economy

Economists from the International Monetary Fund say the current financial turmoil in advanced economies should prompt China to rebalance its economy to secure sustainable growth. IMF economists made the remarks at a seminar in Beijing, explaining the

China reiterates prudent monetary policy for 2012

BEIJING, July 13 (Xinhua) -- The central bank reiterated Friday that the country will continue to implement a proactive fiscal policy and prudent monetary policy in 2012. The statement was released by the People's Bank of China after data showed that

China to continue prudent monetary policy next year

BEIJING, Dec. 14 (Xinhua) -- The People's Bank of China, the country's central bank, said Wednesday that China will continue its prudent monetary policy next year while making the policy more targeted, flexible and forward-looking. The announcement c

VOA常速英语2007-IMF Predicts Global Economy to Slow

By Barry Wood Washington 17 October 2007 The International Monetary Fund has released its semi-annual global economic forecast, marking it down by nearly .5 percent, mainly because of a slowdown in the United States. VOA's Barry Wood has more. Global

VOA标准英语10月-World Economy Heading into Major Slowdown, says I

The International Monetary Fund anticipates sharply lower world growth because of the financial crisis rippling across the globe. VOA's Barry Wood reports the IMF, however, does not anticipate a repeat of the global depression of the 1930s. Olivier

Turkey's Economy Still Booming

For the first time in its modern history, Turkey has resisted a serious global economic crisis, and also has decoupled itself from the rest of Europe by rebounding strongly in 2010. Although Turkey's economy is booming, however, the new government ha

IMF: World Economy Entering 'Dangerous New Phase'

The International Monetary Fund says the U.S. economy is struggling to overcome sluggish growth due to an unresolved government debt crisis and weaknesses in the housing market and household finances. In a report released Tuesday, the IMF downgraded

Central bank to keep monetary policy stable

BEIJING, Dec. 27 (Xinhua) -- China's central bank said Thursday it will continue to implement a prudent monetary policy next year and pay close attention to potential financial risks. The People's Bank of China (PBOC) said in a statement that it will

New Eurozone Focus: Spain's Debt, Economy

The debt-ridden Spanish government and the country's troubled economy are the newest face of the European debt crisis. Stock markets across Asia, Europe and the United States plunged on Monday on fears that Madrid will need an international bailout a

IMF Updates Outlook on Chinese Economy Ahead of Schedule

As the global economy has slowed in recent years, the world increasingly looks to China for answers. Although China is doing considerably well despite the circumstances, some say the nation will have to make some quick and strong maneuvers if it wish

2018年CRI IMF: Chinese economy still robust despite trade tensions

In its latest annual assessment of the Chinese economy, the International Monetary Fund (IMF) is suggesting the Chinese economy remains robust, despite external trade tensions. The IMF says the Chinese economy continue to perform strongly with growth

U.S. economy impacted by European crisis: Fed chairman

WASHINGTON, March 21 (Xinhua)-- The crisis in the euro zone has sent shocks to the United States through trade and financial channels, given the important cross-Atlantic economic linkage, U.S. Federal Reserve Chairman Ben Bernanke said Wednesday. The

IMF's Lagarde: Global Economy in 'Dangerous Phase'

The head of the International Monetary Fund says the global economy has entered a dangerous phase in which advanced economies risk slipping into a new recession that also would hurt developing nations. IMF Managing Director Christine Lagarde said Thu

2016年CRI China's Economy Makes A Good Start: Vice Premier

Vice premier Zhang Gaoli says China will do what must be done to avoid systemic risk, while trying to conduct structural reforms and stabilize economic growth. We will strengthen regulations and tamp down on risks to the stocks, bonds, foreign-exchan