Inflation in Argentina will likely end 2016 at 38.6% before falling to 19.3% in 2017, a poll of economists published by the central bank showed, Reuters reported. Latin America’s third-largest…
World Economy
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Serbia’s economic growth should pick up next year to 2.8% after a strong performance of 2.5% so far this year, the International Monetary Fund said on September 2, Reuters reported. The IMF warned…
World-EconomyThe bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether tons of goods will…
World-EconomyDonald Trump would be a “nightmare” as US president, making relations with other countries “extraordinarily difficult” and placing the US economy in jeopardy, Joseph Stiglitz told…
World-EconomyChinese President Xi Jinping on Saturday said the Group of 20 major economies should aim at having the benefits of growth and development enjoyed by all countries and peoples.
World-EconomyLackluster growth in the eurozone is just as miserable as that seen in the US, the former president of the European Central Bank said on Friday, defending the central bank’s policies.
World-EconomyUK factory activity reached a 10-month high in August as a weaker pound boosted exports, underscoring early evidence of British economic resilience after the Brexit vote.
World-EconomyGerman bund traders are looking to the European Central Bank next week to shock the securities out of their slumber.
World-EconomyAmazon and Starbucks pay less tax in Austria than a local sausage stall, the country’s Chancellor Christian Kern has said in a newspaper interview.
“Every Viennese cafe, every sausage stand…
World-EconomyThe government says South Africa remains an attractive investment destination, despite the prevailing global economic conditions.
Government communication and information system acting…
World-EconomyThe world's central banks are "pretty close" to the limits of their ability to stimulate economies, Angel Gurria, head of the Organization for Economic Cooperation and Development, said on…
World-EconomyMoody’s rating agency has affirmed an A3 rating for Malta and confirmed that Malta’s outlook has remained stable, the government said in a statement.
World-EconomyA majority of French say that economic and social issues should be the top priority for candidates in next year’s presidential election, an Elabe poll showed, Bloomberg reported. About 64% of…
World-EconomyKazakhstan’s oil-powered economy has been slowing or stagnant since oil prices started tanking in June 2014, resulting in turmoil for the national currency, tenge, Intellinews…
World-EconomyThe head of the International Monetary Fund has called on global leaders to take “forceful” action to revive the world economy, sounding a stark warning ahead of the G20 summit.
Christine…
World-EconomyCzech gross domestic product expanded by 0.9% on a quarterly basis in the second quarter, matching an earlier flash estimate, as strong trade lifted most sectors of the economy, the statistics…
World-EconomyPrices of goods sold by manufacturers in the eurozone continued spiraling down in July on an annual basis, data showed on Friday, underlining the subdued inflation pressures in the common currency…
World-EconomyAsia’s factories showed few signs of returning to health last month, as torpid activity in the region’s biggest economies—China and Japan—suggested world demand remained fitful at best, even as…
World-EconomyIndia’s labor unions wielded their clout on Friday with 180 million workers going on strike demanding higher pay and in protest of the Prime Minister Narendra Modi government’s economic…
World-EconomyItaly’s economy stagnated between April and June, a second GDP reading has confirmed, dealing a blow to the country’s prime minister, Matteo Renzi, as campaigning steps up ahead of a key…
World-EconomyBrazil’s industrial output remained nearly steady in July, official data showed on Friday, beating expectations for a small drop as a timid recovery from recession starts to take root, Reuters…
World-EconomyMalcolm Turnbull, Prime Minister of Australia, has a message for his Group of Twenty (G-20) counterparts: Ditch protectionism, and work towards global growth.
World-EconomyA shocking contraction in August manufacturing activity in the US pushed back some market expectations that the Fed could hike rates in September and raised new questions about the…
World-EconomySouth Korea’s economy grew at a faster-than-expected pace in the second quarter from three months earlier on increased local demand and exports, central bank data showed Friday, Yonhap reported.…
World-EconomyRussia is the most unequal major economy in the world, with almost two-thirds of its wealth controlled by millionaires, a wealth research company has said.
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