GDP

CBO: Without Action, National Debt Will Exceed GDP in 2021

2012 U.S. Budget
How big could the national debt get? Well, to paraphrase a line popularized by actor William Shatner, if Congressional lawmakers can not agree on a deficit reduction package, it’s going to get ‘really big’ -- grow to a total larger than the U.S. economy.
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A demonstrator confronts riot police near the Greek parliament in Athens

Greece in crisis

The current unrest in Greece stems for decades of over-spending. In Athens, protesters take to the streets to fight the latest austerity proposal.
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Food Apocalypse: Higher food prices on the horizon

With food prices around the world skyrocketing, increasing hunger and in some cases acting as a catalyst for regime changes in the Middle East, there is more to worry about on the horizon.
Vietnam protests Chinese aggression in South China Sea

Sino-Vietnamese tensions boil over South China Sea

China's constant search for natural resources to fuel its burgeoning economy has driven Beijing's helmsmen to the far reaches of Africa, South America and the embattled Middle East.

Egyptians protest for better wages

Young Egyptians took to the streets again yesterday, in Cairo and across the North African nation. This time to demanded better wages.
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Sputtering U.S. Economy, Look Out Below!

The slowdown has begun. The economy has started to sputter and unemployment claims have tipped 400,000 for the last seven weeks. Manufacturing is cooling, the housing market is struggling and consumers are keeping a close eye on spending, meaning the U.S. economy might be on a slower path to full health than expected.
Toad sits on a child's toy amidst flood waters after Cyclone Yasi passed, in the northern Australian town of Cowley Beach

Australian economy shrank in Q1, due to natural disasters

Australia’s economy shrank by 1.2 percent in the first quarter of this year -- the sharpest quarterly drop in twenty years -- due largely to the devastating floods that swept across parts of the country late last year.
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Mischief From Cheap Money - Shocking Charts

Three trillion dollars is a lot of cash to hoard up in barely 10 years. It's a lot of cash to unleash on the world's commodity markets, too. And peak oil or not, we monetary maniacs might just have a point. Real returns to cash do matter.
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The Fed Is NOT Printing Money With QE2

We're in no danger of hyperinflation because the Fed is not printing money. That's not what the program is all about. Instead it was a gamble meant to lift the prices of stocks and commodities, which it did - but which could now colapse very quickly when QE2 ends.
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Truce prevails in Yemeni capital after ceasefire

Tranquility returned to Yemen's embattled capital on Sunday, hours after armed tribesman and President Ali Abdullah Saleh's forces reached a truce to halt clashes which threatened to plunge the state into civil war, a Reuters report stated.
Yemen's President Saleh waves to supporters gathered in a soccer stadium in Sanaa

Yemen economy faces crisis as unrest continues

The political crisis has pushed Yemen to the brink of civil war has also cost the economy $ 5 billion and the country requires immediate aid to prevent a meltdown, the country's trade minister said on Saturday.

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