Latest Peterson Institute for International Economics News & Updates

Washington, July 8 (IANS) India’s chief negotiator for the landmark free trade agreement with the European Union on Wednesday described the pact as the country’s “most ambitious agreement” to date, saying it would significantly expand market access, strengthen rules-based trade and open new opportunities for labour-intensive industries, services and technology cooperation. Speaking at an event hosted by the Peterson Institute for International Economics, Darpan Jain, Chief Negotiator from India’…

Los Angeles, April 27 (IANS) Americans are feeling the strain as the cost of groceries, gasoline, and utilities continues to rise. Economists say a one-two punch of new US tariffs and a war-driven spike in global energy prices are pushing up everyday expenses and threatening to slow growth just as households had begun to regain some breathing room.”I feel betrayed,” Katie Peyrey, a 66-year-old struggling grandmother and caregiver from Burbank, California, told Xinhua news agency.She is a minimum…

Washington, March 7 (IANS) The United States lost 92,000 jobs in February, according to data released by the Bureau of Labour Statistics, signalling potential weakness in the US economy. Nonfarm payrolls fell by 92,000 from the previous month, marking the third decline in payrolls over the past five months.The jobless rate ticked up to 4.4 per cent as jobs decreased in key sectors.The healthcare industry lost 28,000 jobs, mostly due to a strike at a major health insurance provider, reports Xinhu…