LONDON (AP) — No one said the recovery from the global financial crisis would be easy and 2014 provided that in spades.
While the U.S. economy, the world’s largest, is showing clear signs that its recovery is self-sustaining, the picture elsewhere is far less rosy entering 2015.
Concerns remain over the Chinese economy, the world’s second-largest, while Japan, the No. 3, has fallen back into recession despite a raft of stimulus efforts. And in Europe, economic stagnation appears to be the new status quo despite the welcome news that Greece’s savage six-year recession is over.
In the U.S., the Federal Reserve has called …read more