Global Economic Prospects 2015

The global economy is still struggling to gain momentum. Read more ...

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Bananas, Mangoes, and Organic Bartlett Pears – Will exports save Latin America?

Derek H. C. Chen's picture
Fruits imported from Latin America are abundant in U.S. grocery stores: Chilean blueberries, bananas from Ecuador, Peruvian mangoes, cantaloupes from Guatemala, Costa Rican pineapples, Argentine Bartlett pears, the list goes on.  With all these exports to the U.S., and a solid recovery underway in the U.S.

Prospects Daily: European stocks move higher on Greek deal hopes, Eurozone business activity hits 7-month high, Mexico economic growth fastest in 2 years

Global Macroeconomics Team's picture
Financial Markets

European stocks extended multi-year highs on Friday as Euro Area finance ministers discussed a new financing deal for Greece. The Stoxx Europe 600 Index rose 0.2% at the closing for a 1.4% weekly gain as markets speculated they will reach a deal on Greece that would let the region’s most indebted country avoid default. The gauge has gained 12% so far this year despite increased volatility following the Greek election.

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