Global Economics Correpondent
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Apr 29, 2013

Global Economy: Still stuck on central-bank life support

LONDON (Reuters) – Five years after the onset of the global financial crisis, the world economy is in such a chronic condition that the European Central Bank might cut interest rates this week and the Federal Reserve is likely to indicate no let-up in the stimulus it is providing the U.S. economy.

With the euro zone economy in recession, momentum is building for the ECB to lower interest rates for the first time since July 2012, according to senior sources involved in the deliberations.

Apr 28, 2013

Still stuck on central-bank life support

LONDON (Reuters) – Five years after the onset of the global financial crisis, the world economy is in such a chronic condition that the European Central Bank might cut interest rates this week and the Federal Reserve is likely to indicate no let-up in the stimulus it is providing the U.S. economy.

With the euro zone economy in recession, momentum is building for the ECB to lower interest rates for the first time since July 2012, according to senior sources involved in the deliberations.

Apr 24, 2013

Insight: Ageing deepens debt-laden Europe’s economic woes

RIGA/LISBON (Reuters) – Long after the debt crisis is over, Europe will be grappling with an even more serious problem – how to pay for growing numbers of old people.

The population of some countries is stagnant or already shrinking, notably Germany’s. That will reduce savings and potential economic growth.

Apr 24, 2013

Ageing deepens debt-laden Europe’s economic woes

RIGA/LISBON, April 24 (Reuters) – Long after the debt crisis
is over, Europe will be grappling with an even more serious
problem – how to pay for growing numbers of old people.

The population of some countries is stagnant or already
shrinking, notably Germany’s. That will reduce savings and
potential economic growth.

Apr 21, 2013

No light at end of tunnel yet for euro zone

LONDON (Reuters) – An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in an unprecedented campaign of monetary easing by the world’s major central banks.

A preliminary survey of purchasing executives from the 17-country bloc is likely to furnish the new evidence of economic weakness that Jens Weidmann, the president of Germany’s hard-line central bank, says is needed for the European Central Bank to cut interest rates.

Apr 21, 2013

Commodities slump sends slow ripples through world economy

LONDON, April 21 (Reuters) – Lower airfares, cheaper food
and rising profit margins are among the benefits that should
flow from tumbling oil and commodity prices – but only after a
long lead time.

Having poured $400 billion into commodities over the past
decade, many investors are now selling. Their confidence that
risky assets could only float higher on a rising tide of cheap
central bank money has crumbled as the global economy fails to
respond to the stimulus.

Apr 15, 2013

Stagnant Europe the class laggard in G20 audit

LISBON, April 14 (Reuters) – After a bungled bailout of
Cyprus, the recession-stricken euro zone will stand out for the
wrong reasons when finance ministers meet in Washington this
week to run the rule over the global economy.

China on Monday is likely to report a growth rate of 8
percent for the first quarter, according to economists polled by
Reuters.

Apr 14, 2013

Stagnant Europe the class laggard as G20 takes stock

LISBON (Reuters) – After a bungled bailout of Cyprus, the recession-stricken euro zone will stand out for the wrong reasons when finance ministers meet in Washington this week to run the rule over the global economy.

China on Monday is likely to report a growth rate of 8 percent for the first quarter, according to economists polled by Reuters.

Apr 12, 2013

Recession-weary Portugal tests limits of austerity

COSTA DA CAPARICA, Portugal (Reuters) – Back in 2008, the 500 or so slum dwellers of Terras do Lelo were finally looking forward to a better life.

The authorities had decided where they would relocate the mainly Portuguese-speaking immigrants and Roma from their plywood and corrugated iron shacks that disfigure the fringes of one of south Lisbon’s smartest beach resorts.

Apr 11, 2013

Analysis: Recession-weary Portugal tests limits of austerity

COSTA DA CAPARICA, Portugal (Reuters) – Back in 2008, the 500 or so slum dwellers of Terras do Lelo were finally looking forward to a better life.

The authorities had decided where they would relocate the mainly Portuguese-speaking immigrants and Roma from their plywood and corrugated iron shacks that disfigure the fringes of one of south Lisbon’s smartest beach resorts.

    • About Alan

      "I'm the Global Economics Correspondent for Reuters News based in London. I've reported from more than 40 countries over 30 years and have had postings in Frankfurt, New York, Washington, Paris, London, Tokyo, Singapore and Beijing. From the Plaza Accord to the creation of the euro and the rise of China, I'm lucky to have covered many of the big economic stories of recent years."
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