Read all posts for ‘economy’

With an unemployment rate of around 5%, low inflation, low debt, low interest rates and a ‘AAA’ credit rating, the Australian economy has been the envy of many other developed nations since the global financial crisis (GFC) struck in late 2008.

10-year old Dayana went out onto a balcony which suddenly collapsed. Her blood splattered all over the yard of the “Youth” tuberculosis sanatorium in Simeyz (on Ukraine’s Сrimean peninsula). After five hours of struggle, the doctors declared her dead. Sounds like a cut from a horror movie, doesn’t it? But […]

Despite a recent rise in its foreign reserves, Egypt is clearly suffering from an economic crisis as evidenced in its spiralling budget deficit that has now  reached around 12% of GDP. As political instability continues, the crisis persists while the government seeks to stem it by taking loans from various […]

The church bells sound here in Leme, the neighborhood where I live in the south zone of Rio de Janeiro. They’ve been rung three times this afternoon. After the second peal I heard a call for a march. Another march in Rio. Another demonstration for a better Brazil. It’s weird to hear the […]

The following post was written by Thieß Petersen, Ulrich Schoof and Samuel George from the Bertelsmann Stiftung’s Global Economic Dynamics team. At the G8 summit in Dublin in June 2013, the world’s most powerful leaders decided to begin negotiations on the Transatlantic Trade and Investment Partnership (TTIP). For at least […]