World Economy

At a press conference following a Cabinet meeting in Warsaw on Tuesday, deputy Prime Minister Piotr Glinski said, the Polish government approved an economic roadmap, which stipulates investments…

Officially concerned only with monetary policy, central bankers the world over are weighing in on political debates as fears of economic damage from protectionism mount. 

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Eurozone economic growth in the final three months of last year was not as good as initially thought. The statisticians at Eurostat previously estimated GDP expanded by 0.5% quarter-on-quarter,…

Chinese banks kept up a strong pace of lending at the start of the year, even with signs of tightening by the central bank, highlighting the challenge Beijing faces as it tries to deflate asset…

Possible changes in fiscal policy by US President Donald Trump are among the factors adding “uncertainty” to the economic outlook, Federal Reserve Chair Janet Yellen said Tuesday. 

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The Federal Reserve will likely have to raise interest rates more rapidly than financial markets currently expect given that any new policies by the Trump administration, while uncertain, will…

New statistical figures suggest many Germans are still wary about buying shares. And this despite an environment where saving money doesn't seem to make much sense because of continuously low…

The Monetary Authority of Singapore announced on Tuesday it will relax some business restrictions on finance companies to help small- and medium-size enterprises obtain financing.

While the nation’s unemployment rate declines, the jobless trend for America’s youngest veterans is climbing, jumping to 6.3% in January from 4.4% in September.

Hungary’s inflation indicator, the consumer prices index, was up by 2.3% in January, compared to the same month one year earlier, with the highest price rises being observed among motor fuels and…

Romania’s GDP went up by 4.8% in 2016 compared with 2015, after an increase of 4.7% on gross series (4.8 seasonal adjusted) in the last three months of 2016 compared with the same period of 2015,…

Italy’s economy grew moderately in the fourth quarter of last year thanks to firm domestic demand, while full year 2016 growth came in slightly above the most recent official forecast, data showed…

Fitch Ratings announced on February 10 that it has affirmed Slovakia’s Long-Term Foreign and Local Currency Issuer Default Ratings at A+ with a stable outlook.

Luxembourg’s economy will continue to grow strongly throughout 2017 and 2018, according to the economic forecast for the European Union published by the European Commission. 

Political uncertainty is present in almost every country in the world and with the heavy election year in Europe it will be “the dominant factor” in 2017, the chairman of UBS said.

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Crisis-plagued Greece has come quite close to being kicked out of the eurozone several times, before last-minute deals averting such an outcome. But amid growing populism in Europe, it could be…

Forget interest rate cuts. Forget additional bond purchases. That’s the message from all analysts surveyed by Bloomberg ahead of this week’s policy meeting by the Swedish central bank. Looking…

Credit Suisse posted a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016, its second straight year in the red, keeping pressure on Chief Executive Tidjane Thiam to deliver on his…

Despite several challenges that may affect credit conditions in the region, Asia will continue to remain among the fastest growing regions in the world in 2017, according to Moody’s Investors…

Britain’s treasury chief has warned that cyber attacks are increasing in severity and sophistication as authorities open a new center devoted to thwarting such threats. Philip Hammond has urged…

The Reserve Bank of Australia is expected to resist urging from International Monetary Fund for it to cut official interest rates “significantly” over the next few quarters, slashing the cash rate…

The Norwegian economy is developing in line with the government’s forecasts, Prime Minister Erna Solberg told Reuters on Monday. The government in October predicted a gradual recovery in economic…

Pakistan, which has for the first time completed all reform steps of the International Monetary Fund, is back on track to attain macro-economic stability and aims a GDP growth of 5.5% this year,…

Turkey’s yearend overall current account deficit is forecast at $33.1 billion, a group of economists said. A panel of 15 experts questioned by Anadolu Agency predicted an average $4.3 billion…

A new and deadly form of protectionism is being considered by United States leaders, and it could have devastating effects on the exports and investments of developing countries, as well as…