• CBs May Top Inflation Targets
    02/22/2018
    Not only will central banks meet their inflation targets, they may even exceed them.
  • OPEC Deal Closer to Market Rebalancing
    02/22/2018
    The OPEC deal is closer than ever to meeting its market rebalancing goals, with OECD inventories now just 74 million barrels above the five-year average recorded in January 2017, according to a...
  • Cape Town Pushes Back 'Day Zero'
    02/22/2018
    South Africa’s drought-stricken city of Cape Town has pushed back its estimate for “Day Zero,” when taps are expected to run dry, to July 9 from June 4 due to a decline in water usage, the city’s...
  • Trudeau Assures Canada Will Not Support India’s Sikh Separatists
    02/22/2018
    Canadian Prime Minister Justin Trudeau traveled to the holiest site of Sikhism in northern India on...
  • Most economists would agree that Italy needs faster economic growth if it is to resolve its public debt  and banking-sector problems in an orderly manner.
    02/22/2018
    Italy’s economy is growing again, but it’s still the worst performer in the euro region, souring voters’ spirits before the March 4 election. With polls before the two-week blackout showing no...
  • Name Row  in Greece, Macedonia Edging to Solution
    02/22/2018
    Macedonia is closer than any time in the last decade to settling a long-standing dispute over its name with...
  • Bahraini Top Activist Jailed for 5 Years Over Tweets
    02/22/2018
    High-profile Bahraini activist Nabeel Rajab was sentenced on Wednesday to five years in prison for...
  • More Scots Jobless
    02/22/2018
    Scotland’s unemployment rate rose to 4.5% in the final three months of last year, according to official data. The increase took the unemployment rate from 4% to 4.5%. The number of adult Scots...
  • Brent, WTI Prices Slide Over Higher US Production
    02/22/2018
    Oil prices fell on Wednesday, weighed down by a rebound in the US dollar from three-year lows hit last week and by an expected rise in US crude production. Brent crude futures were last down 71...
  • Turkey Warns Syrian Forces Entering Afrin Face Serious Consequences
    02/22/2018
    Turkey warned on Wednesday that pro-Syrian government forces entering the northwest Afrin region...
  • BoJ Will Struggle to Raise Rates
    02/22/2018
    The new Bank of Japan leadership won’t be able to raise interest rates this year as the central bank missed the best opportunity to do so in 2017, former BoJ board member Sayuri Shirai said on...
  • Maersk is expanding its competitive universe to include different types of companies.
    02/22/2018
    The world’s largest container company will start looking for takeover targets outside the shipping...
  • Australia Needs Broader Tax Reform
    02/22/2018
    The International Monetary Fund has backed the Australian government’s pursuit of a lower corporate tax rate, but has again called for a broader tax reform package. The IMF estimates broad-based...
  • Pak Current Account Gap Widens
    02/22/2018
    Pakistan’s current account deficit widened 28.74% on a month-on-month basis to $1.61 billion in January 2018 compared to $1.25 billion in December 2017; suggesting the recent corrective measures...
  • Close to 40% of digital transformation initiatives will be supported by AI capabilities.
    02/22/2018
    The digital economy in Asia-Pacific, or APAC, is expected to be worth $1.16 trillion by 2021, accounting...
  • Defense Minister Meets Azeri President
    02/22/2018
    Defense Minister Amir Hatami met with Azeri President Ilham Aliyev in Baku on Wednesday. During the meeting, Hatami hailed successful development of the “friendly” and “brotherly” relations...
  • US Teenager Jailed for Smuggling Tiger Across Mexico Border
    02/22/2018
    A US teenager has been sentenced to six months in prison after he was found guilty of trying to smuggle a Bengal tiger cub across the US-Mexico border. The six-week-old cub was found in a box on...
  • Gold Hits  1-Week Low
    02/22/2018
    Gold prices fell further on Wednesday and hit a one-week low as the dollar steadied after a recovery from last week’s three-year low, while investors awaited the minutes of the US Federal Reserve’s...
  • An electronic stock indicator of a securities firm in Tokyo.
    02/22/2018
    As investors come to terms with the impending end of easy monetary policy, a new threat looms: The heavy supply of US Treasury could bump up bond yields and place greater pressure on stock prices...
  • Pesticide Traced in Most French Fruits, Vegetables
    02/22/2018
    Almost three-quarters of fruit and more than two-fifths of non-organic vegetables contain traces of pesticide in France, with grapes and celery the most affected, a report said on Tuesday. Samples...
  • The continued deterioration of the socio-economic environment is a major concern.
    02/22/2018
    The International Monetary Fund estimated that 2017 economic growth in Palestine slowed to close to 3%, despite authorities citing higher growth, it announced Tuesday. “At this rate, growth will...
  • Dutch Step Up Call for Eurozone Debt Writedown Rules
    02/22/2018
    The Netherlands is demanding that private investors face mandatory debt writedowns in future eurozone bailouts, a position that will fuel arguments as countries spar over the next phase of...
  • Lloyds Profits Miss Forecasts
    02/22/2018
    Lloyds Banking Group PLC raised its 2017 dividend by 20% and announced a £1 billion ($1.39 billion) share buyback as it reported an increase in profits and unveiled its new strategy. The bank...
  • Lexus’ New Crossover to Break Cover  in March
    02/22/2018
    Lexus will pull the covers off of the production version of its UX small crossover, a compact SUV designed to take on the BMW X2, Jaguar E-Pace, and Mercedes-Benz GLA, during the Geneva auto show...
  • NZ Says Pacific Trade Deal Will Boost GDP
    02/22/2018
    New Zealand estimates a Pacific trade deal would boost its economy by up to 1% as exporters would face reduced tariffs on goods like kiwifruit and beef, AP reported. The analysis Wednesday came as...

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