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Tag Archives: global economy

IMF: U.S. debt default would shake global economy

WASHINGTON — A U.S. debt default in the event that a politically divided Congress fails to raise the federal borrowing limit would imperil the entire global economic recovery, a senior International Monetary Fund official warned Wednesday. But Jose Vinals, the ...

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Experts downbeat on global economy

CERNOBBIO, Italy — Business leaders and finance experts gathered in Italy offered a downbeat assessment of the global economy Friday — with several predicting another recession due to a calamitous cocktail of sluggish growth, eurozone dysfunction, and financial market volatility. ...

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U.S. stocks fall on global economic worries

NEW YORK — More evidence of a slowing global economy sent stocks falling Tuesday and threatened to end the market’s three-day rally. Germany’s economy stalled last quarter and dragged down growth for Europe. In the U.S., reports painted a mixed ...

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Stocks plunge as attention returns to weak economy

NEW YORK — Stocks plunged again Wednesday as investors turned their attention back to the weak global economy and Europe’s debt problems. Most of the big gains that followed a Federal Reserve pledge to extend super-low interest rates vanished. The ...

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