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Global Data

Cost of Living Worldwide

Cost of Living Worldwide

The OECD defines a cost of living index (COLI) as an index that measures the change in the minimum expenditures that would be incurred by a utility-maximizing consumer, whose preferences or tastes remain unchanged, in order to maintaining a given level of utility (or standard of living or welfare).

The Poorest Countries in the World

There are two standard methods of measuring the wealth of countries and how rich or poor its inhabitants are. The measure most often used is Gross Domestic Product (GDP), which represents the size of a country’s economy. A refinement of ...

Awards & Rankings

BEST INTERNET BANKS AWARDS CEREMONY 2014

BEST INTERNET BANKS AWARDS CEREMONY 2014

Global Finance held its 11th annual Internet Banks Awards dinner in New York in November. Leading financial executives from around the world were present to accept their awards and honor other recipients.

From the Wires

Bank of Mexico Unanimous in Holding Interest Rates

By Anthony Harrup MEXICO CITY--The Bank of Mexico was unanimous in its decision to leave interest rates unchanged early this month, with members agreeing risks had increased for economic growth and inflation, and noting inflation risks if the peso extends ...

Bank of Mexico Unanimous in Holding Interest Rates

MEXICO CITY--The Bank of Mexico was unanimous in its decision to leave interest rates unchanged early this month, with members agreeing risks had increased for economic growth and inflation, and noting inflation risks if the peso extends its recent slide ...