World Economy

According to a recent report by Biznews, Egypt is Africa’s strongest and most investible economy.

The magazine’s study was run by Celeste Fauconnier, the editor of the “Where to Invest…

It is no longer enough to bank on foreign direct investment to develop Singapore’s economy, even though the strategy of wooing multinational companies to set up bases here has been a major part…

The international community must revise its stance towards Saudi Arabia's Crown Prince Mohammed bin Salman (aka MBS) to end the current Persian Gulf crisis, experts of international law and…

The Philippine economy spent substantially more than what it earned through foreign trade in the first half of 2018, with the resulting currency outflows further depressing the value of the peso…

Emerging market investors are trying to gauge whether a currency crisis and the steep interest rate hikes being used to fight it could turn into a broader slowdown and even recession.

On…

Argentines may be feeling the pinch of their country’s economic woes, but for tourists, the troubled peso is proving a holiday boon.

Brazilian Pedro Perreira de Azevedo has been rubbing…

France’s economy is set to grow 1.6% annually through to 2020 as unemployment steadily falls, the central bank forecast on Friday, trimming slightly its previous growth outlook.

The General Consumer Price Index rose in August by 2.2% year-on year, a rate that coincides with the advance figure posted by the National Statistics Institute and with the figure for July.…

The public administration debt in Romania decreased slightly in the first six months of the year, reaching 34.9% of GDP in June 2018, against 35% of GDP in December 2017, although as nominal…

The Turkish central bank caught international markets by surprise Thursday as it aggressively hiked interest rates in an effort to strengthen consumer confidence, stem inflation and rein in the…

The Chinese economy revealed fresh signs of softness Friday with data showing the pace of investment slowing to record lows while retail spending and industrial production stabilized, AFP…

Russia’s central bank unexpectedly raised its key interest rate by a quarter-point on Friday, citing a significant increase in “pro-inflationary risks” due to highly uncertain external…

Bank of England chief Mark Carney has warned a hard Brexit may mean a UK housing price collapse. The usual Brexiteers were united in disparagement, but his words carry weight on the 10th…

Italy must present a “credible budget” for the coming year, EU Commissioner Pierre Moscovici said on Thursday, calling the anti-establishment government in Rome a “problem”.

Moscovici,…

South Korea government has maintained its assessment for the tenth consecutive month that the nation’s economy is on a recovery track, despite some criticism that the economy is slowing down,…

Ten years have passed since the 2008 subprime mortgage crisis, the worst financial panic since the Great Depression. Now it seems that some of the lessons learned back then are being forgotten.…

The Saudi Public Investment Fund is borrowing from banks, adding to a current strategy of issuing bonds, to raise funds. There are two main reasons for that, AMEinfo reported.

  1…

Ireland along with three other EU countries are the most exposed to the UK crashing out of the EU without any deal, Moody’s Investors Service reiterated in a report, as the UK government…

Mario Draghi says the eurozone economy is still solid enough to cope with global risks, even with new European Central Bank forecasts showing that growth will cool slightly faster than…

Global economic growth edged lower in August, according to the latest purchasing managers index surveys, down to its second-weakest for nearly two years. The surveys also brought signs of an…

Canada’s uncertain trade backdrop has not had the dampening effect on the economy you might expect, according to the latest Reserve Bank of Canada Economic Outlook Report. Consumer spending and…

Italian industrial production was down 1.8% in July with respect to June and by 1.3% compared to the same month in 2017, according to calendar-adjusted data released by national statistics…

The Turkish central bank is expected to raise interest rates on Thursday to calm a currency crisis, but forecasts for the scale of the increase vary widely as the bank balances concerns over…

After months of waging a behind-the-scenes war against President Donald Trump’s trade tariffs that have escalated far beyond what business groups once imagined, more than 60 US industry groups…

Saudi Arabia has started marketing US dollar-denominated sukuk, or Islamic bonds, with the issue expected to be around $2 billion in size, a document showed on Wednesday, Reuters reported .It…