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Content Tagged As global_economy

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  • Japan announces first trade deficit since 1980

    January 24, 2012 8:10 PM

    TOKYO (AP) - Japan has marked its first trade deficit since 1980, reporting a 2.49 trillion yen ($32 billion) deficit for 2011 and attributing it in part to last year's tsunami. Government data released Wednesday said the value of Japan's exports fell 2.7 percent to 65.55 trillion yen ($843 billion)... more »
  • G-7 finance ministers warn of fragile recovery

    October 3, 2009 12:55 PM

    The world economy is growing again, but the recovery remains fragile, according to the finance ministers from the Group of Seven rich countries. In a joint statement in Istanbul on Saturday, they say that decisive actions have helped the global economy to recover and financial market conditions to improve. However,... more »
  • Obama: leaders united, confident after bringing economy out of crisis

    September 26, 2009 7:46 AM

    President Barack Obama says world leaders are "confident and united" as they forge ahead with efforts to fix a malfunctioning global economic system and head off future financial meltdowns. At the conclusion of a two-day summit of the world's 20 top economies in Pittsburgh, Obama says the actions the leaders... more »
  • UK: Global deal on climate change may not happen

    September 8, 2009 10:25 AM

    Britain's Foreign Secretary says there is danger a United Nations conference in December won't strike a global deal on climate change. David Miliband said Tuesday the complexity of negotiations and disputes between industrialized and developing nations leave prospects for a deal "in the balance." He said they threaten to sink... more »

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