Global economic growth rates will fall this year, with the International Monetary Fund revising down its forecasts for 2013 and 2014 accordingly.
There have been only a handful of occasions when a decline has been seen equivalent to the May 22 sell-off in Tokyo.
The dismal failure of Europe’s monetary union means it should be abandoned to save countries.
Germany is not just Europe’s biggest economy and the message from the eurozone’s paymaster is simple: if we can do it, so can you.
Investment remains on hold as the outlook for the global economy worsens and national debt rises, writes Phillip Inman and Larry Elliott.
Figures from the advocacy group One indicated that Europe had failed to meet pledges made at the Gleneagles G8 summit in 2005.
Europe’s leaders met on Wednesday for crisis talks to rescue the euro amid a warning from the West’s leading economic think-tank.
The worst of the recession is over, unemployment is on the right path, decisive action has been taken on a foreign field but Obama is still lost.
One of the biggest risks for the eurozone has to be the lack of a cohesive vision in the financial institutions’ various proposals.
The deal hammered out by eurozone ministers is by no means the end of the tragedy as Greece’s future still looks dismal.
World needs to create almost 600-million jobs in order to tackle unemployment caused by recession.
The IMF’s Christine Lagarde is right to worry about potential economic doomsday scenarios but the Europe of 2011 is different to that of the 1930s.
Sticking-plaster solutions have got us nowhere and a question mark hangs over the way forward, writes <b>Larry Elliott</b>.
Ireland was the Icarus economy. An export sector that does not rely on banks for funding has managed to keep the economy afloat.
Back in the early part of the past decade, the <i>Guardian</i> held an internal debate about whether Britain should join the euro, then a live issue.
Financial markets rallied after Greek Prime Minister George Papandreou announced he was dropping plans for a referendum on the terms of the bailout.
The decision to hold a referendum on the bailout reflects the power Greece wields.
The longer the crisis in the eurozone has gone on, the more it has come to resemble something penned by Lewis Carroll.
Foreign-exchange experts say the next country to react to an inflated currency could be Japan.
For the past two centuries and more life in Britain has been governed by a simple concept: tomorrow will be better than today.
