Chart of the Week: The literacy-productivity connection
For both individuals and nations, greater literacy is linked to greater income.
Rise of Greek nationalist ‘Golden Dawn’ party coincides with Greece’s economic crisis
The Greek government is preparing to try several lawmakers representing the Golden Dawn, a nationalist and anti-immigrant party that the government describes as “neo-Nazi.” The upcoming trial is related to the fatal stabbing of an anti-fascist rap musician on Sept. 18, by a Golden Dawn sympathizer. Golden Dawn, a far right wing party whose motto […]
Facing re-election, Merkel gets mostly high marks for handling of economy
Angela Merkel’s high marks on dealing with the euro crisis may be one reason she leads her chief rival Social Democratic chancellor candidate Peer Steinbrück.
Downbeat views prevail in G20 countries as summit begins
As this year’s G20 summit begins in Russia, just 37% of people in participating nations think their country’s economic situation will improve in next year.
Public social expenditures falling in most countries but still above pre-crisis levels
New economic figures from the Organization for Economic Cooperation and Development showed an increase in public spending among developed countries during the global financial crisis, but a survey of European nations indicated publics were now looking to ratchet it down.
China’s economic influence in Asia doesn’t always lead to positive feelings
Although China’s trade ties with and economic influence on its Asian and Pacific Rim neighbors are greater than ever, that’s doesn’t automatically translate into warmer feelings toward the People’s Republic among publics in the region.
Inflation: Low by the numbers, but still a big public concern
About eight-in-ten Americans think rising prices are a “very” or “moderately” big problem.
New economic data points to pleasant surprises or disappointment for key countries
New OECD composite leading economic indicators suggest that Chinese and Brazilians face disappointment with their economies in the months ahead, while many Europeans, Japanese and Americans may be pleasantly surprised.
Greeks, stung by recession, lukewarm on U.S. relations
Prime Minister Antonis Samaras of Greece visits the White House for the first time today, at a time when anti-U.S. feeling in his country is running high.
Around the world, governments promote home ownership
High on Congress’ long to-do list is deciding what to do about Fannie Mae and Freddie Mac, the two giant government-run companies that dominate the nation’s mortgage market (together they accounted for 78% of all mortgage-backed securities issued in the first quarter of this year). Which is another way of saying, Congress has to decide […]