Japanese Prime Minister Shinzo Abe urged companies to increase wages faster than gains in the cost of living to break the legacy of 15 years of deflation, and praised Toyota Motor Corp. and Hitachi Ltd. for pledging to help.
Venezuela President Nicolas Maduro claimed victory after early results showed his United Socialist Party won at least 44 percent of the vote in mayoral races, even as the opposition took power in several cities.
Venezuela’s President Nicolas Maduro has sent troops into the streets, clamped down on the press and sidestepped Congress to intensify what he calls the war against the “parasitic bourgeoisie” ahead of local elections.
Argentina’s attempts to repair its standing internationally show the nation wants to tap overseas bond markets for the first time since a $95 billion default in 2001, according to former central bank governor Mario Blejer.
We identified the top forecasters using estimates from the Bloomberg ECO survey for economic indicators in the euro zone and 10 countries. These nations, which were among the top 25 in GDP, had to have a minimum of two ranked forecasters making predictions for at least three indicators, including GDP, to qualify for our list.
Inflation swaps that gauge trader expectations for prices in the U.S. fell to a five-month low before manufacturing and employment data this week economists said will indicate costs are in check as the economy expands.