G-20

US GDP grows just 1.7% in Q2

“The big picture remains unchanged. Four years after the recession officially ended, per capita output and income have yet to return to their pre-crisis highs. The recovery still ranks as the worst since World War II. And despite the modest acceleration in the past two quarters, the recovery shows little sign of gaining momentum.” The […]

US GDP grows just 1.7% in Q2 Read More

Fragments from the G20

3 years ago, many hoped the G20 group of the world’s wealthiest countries might work together to solve the global financial crisis.

Last week’s Cannes meeting ended that illusion.

Instead, its decision to abandon the Doha trade round, launched in 2…

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