World Economy

  • Uruguay’s economy will grow 2.6% in 2018, led by investment and exports, and completion of a third cellulose processing plant in the country will be a key factor in this growth, BBVA Research…

    World-Economy
  • Italy’s unemployment rate fell from 11.9% in 2015 to 11.7% in 2016, the lowest since 2012, ISTAT said Friday, ANSA reported. Employment rose 1.3%, the statistics agency said. The number of those…

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  • Philippine trade grew 14.2% in January this year buoyed by export receipts, the government said on Friday, while warning that US protectionist policies may hamper its momentum and global recovery…

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  • The European Central Bank kept its quantitative-easing program unchanged as policy makers gauge whether a recent jump in inflation will endure. The governing council reaffirmed its decision that…

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  • Shares were higher in Europe and most of Asia on Friday as investors awaited the release later in the day of US employment data. A weaker yen lifted Tokyo’s benchmark and South Korea’s Kospi rose…

    World-Economy
  • The Canadian economy is showing strength in employment, housing starts and a rebound in energy investment according to the latest Reserve Bank of Canada Economic Outlook report. RBC Economics…

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  • The European Union and the Association of Southeast Asian Nations said on Friday the two blocs would try to revive plans for a Free Trade Agreement between them, as European countries look to tap…

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  • Boosted by domestic spending, the Irish economy is continuing to grow strongly, Central Statistics Office figures published Thursday suggest, despite the accounting procedures by multinationals…

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  • As any football fan knows, little delights the Dutch more than beating the Germans. So, as the country prepares for an election on March 15, it should be cheering an economy that, after lagging…

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  • Germany is often described as the “powerhouse” of Europe, but the health of the world’s fourth largest economy is not as rosy as most people think, according to one economist.

    World-Economy
  • Finnish exports jumped 27% in January from a year ago, helped by a cruise ship delivery, while new manufacturing orders also increased, suggesting the Nordic country’s export sector was picking up…

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  • A tentative sign that inflation may be pinching the Spanish consumer. A measure of retail sales in Europe’s fourth largest economy fell for the first time since 2014 at the start of the year–its…

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  • Cameroon and the International Monetary Fund are considering a two-year aid program for the Central African country to deliver sustained and inclusive economic growth, Reuters reported.

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  • Hungary’s consumer price index, a main indicator of inflation that measures changes in the price level of a basket of consumer goods and services, was up 2.9% on average in February compared to…

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  • China has reported its first monthly trade deficit in three years, after imports surged and a slowdown during the lunar new year holidays hit output. Higher commodity prices and domestic demand…

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  • Greek economic growth was flat last year, the country’s statistics service ELSTAT said on Wednesday, releasing its first estimate of full-year 2016 gross domestic product, Reuters reported. It…

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  • Tanzania’s year-on-year inflation rose to 5.5% in February from 5.2% in the previous month, the statistics office said on Wednesday, Reuters reported. The central bank on Monday cut its discount…

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  • European stocks rose for the first time in five sessions as higher German bond yields helped push up lenders including Deutsche Bank AG.

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  • The US trade deficit jumped to a near five-year high in January as cell phones and rising oil prices helped to push up the import bill, suggesting trade would again weigh on economic growth in the…

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  • The Irish government on Wednesday launched its new trade strategy: Ireland Connected: Trading and Investing in a Dynamic World.   

    Ireland Connected is the successor to the…

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  • Fixing a rotten banking sector requires policy makers to deploy three tools in unison—and Italy, like Japan two decades ago, is in danger of coming up short.

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  • Mexico said on Wednesday that it has canceled existing sugar export permits to the US to avoid penalties in a dispute over the pace of shipments, a document seen by Reuters said, partly blaming…

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  • Revised data show Japan’s economy expanded at a slower than hoped for 1.2% annual pace in the last quarter of 2016. The figure released Wednesday was slightly higher than the preliminary estimate…

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  • Gold hit a three-week low as expectations for a US interest rate hike this month weighed, but moves were muted as markets awaited US data this week and more pointers on the (President Donald)…

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  • Consumer price inflation in Turkey is forecast to show a downward trend in the coming months thanks to recent monetary measures, said Central Bank Governor Murat Cetinkaya Wednesday.

    World-Economy