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After wave of QE, onus shifts to leaders to boost economy
Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
Venezuela's currency woes an increasing threat to U.S. corporate profits
Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency controls, have hurt U.S. corporate profits for the fourth quarter of 2014 and are set to inflict further pain this year.
Who's afraid of China's economy slowing? Not Alibaba's Jack Ma
Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.
Businesses plan to reopen as Hawaii lava flow stalls
The leading edge of a lava flow from a volcano that threatened a commercial center on Hawaii's Big Island appeared on Friday to have stalled again, prompting several businesses to make plans to reopen their doors.