economy

Taxes on wages rose in 2013 – graphic of the day

Taxes on wages rose across industrialized countries last year, as governments sought to reduce budget deficits increased by attempts to counteract years of economic weakness following the global financial crisis. According to the OECD, the total world taxes on wages rose to 35.9% in 2013 from 35.7% a year earlier. Today’s graphic shows the tax wedge and unemployment rate of the OECD countries.

OECD

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Abenomics scorecard – graphic of the day

The Bank of Japan is expected to stand pat on monetary policy and maintain an upbeat view of the economy at its policy meeting next week. The nine charts below look at how the Japanese economy performed under Prime Minister Shinzo Abe.

abenomics

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Asian economic outlook – graphic of the day

While risks to the Asia-Pacific region’s growth outlook have eased, further shock to global financial markets from the U.S. tapering of stimulus and expected policy tightening, an uneven recovery in developed economies, and the possibility of slower growth in China as it aims to curb credit expansion would weigh on the region’s economic uptrend. Today’s graphic summarizes the Asian Development Bank’s latest forecast for Asia in four different charts.

economic forecast

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Chinese debt stress – graphic of the day

Chinese companies owe just over $1 trillion in domestic bonds, of which 15.8% is coming due this year. A Reuters analysis of more than 2,600 Chinese companies found credit metrics worsening across a range of industries. Today’s graphic show short-term debt to cash for each mid and large cap company listed on the Chinese stock exchange.

china debt

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February U.S. Non Farm Payrolls

Watch this video to see how you’ll be able to track the US jobs number and its impact on the markets using Thomson Reuters Eikon.

Read more on the Thomson Reuters Eikon blog.

India growth – graphic of the day

Over the last decade, the center of rapid growth in India has shifted northward and inland, to the states of Madhya Pradesh, Chhattisgarh, Uttar Pradesh and Bihar. Today’s graphic looks at the change in GDP throughout different regions of India.

india growth

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UK economic recoveries since 1955 – graphic of the day

Driven by a pick-up in business investment and trade, Britain’s economic recovery broadened in the last three months of 2013. Led by consumer spending and a turnaround in the housing market, the surprisingly rapid upturn suggests a more balanced recovery may be building. Today’s graphic tracks UK economic recoveries since 1955 and the recovery time needed after each recession.

UK recoveries

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The financial story of Zimbabwe: Q&A with Nelson Banya, Editor in Chief of the Source

Zimbabwe

Launched in October 2013, a new independent financial and business news service called ‘the Source’ is thriving in Zimbabwe. Supported by Thomson Reuters Foundation and the European Journalism Centre, the Source provides citizens, media organisations, and potential investors in Zimbabwe with greater access to financial and business news and analysis.

We spoke to Editor in Chief Nelson Banya about the challenges of telling a complex economic story in a difficult climate. (more…)

Salvadoran’s main concerns – graphic of the day

More than two decades after the end of the civil war, El Salvador remains deeply divided between left and right while the rise of violent street gangs has been spurred by persistent poverty and sluggish economic growth. Today’s graphic shows the main concerns of Salvadorans based on a poll of the key problems in the country.

el salvador

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Global growth forecast – graphic of the day

The International Monetary Fund raised its forecast for global growth for the first time in nearly two years. Today’s graphic shows the growth forecasts for the world economy and a selection of advanced and emerging/developing economies.

global growth

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