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Global Economy Weekahead: Report card for global economy: tries hard, could do better

Reuters  |  LONDON 

By Jeremy GauntLONDON (Reuters) - Setting aside a few uncomfortable economic truths such as the increasing U.S. skills gap, eye-wateringly high unemployment in parts of the euro zone, and growing income inequality in China, the world economy has been doing pretty well this year.The issue is: how well and how sustainable?In the United States, the economy has been strong enough for the Federal Reserve to start raising interest rates, slowly. In the euro zone, growth is robust enough for the European Central Bank to think about dropping public warnings of risks.China, meanwhile, has so far ...

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First Published: Sun, May 14 2017. 23:46 IST