World Economy

The International Monetary Fund on Friday approved the fourth installment of a $12 billion, three-year loan for Egypt, bringing the total released to date to just over $8 billion.

The coalition agreement signed in May between the Five Star Movement and the League foresees new large spending items—most notably the flat tax, a pension reform, and some form of universal…

Signs are mounting that Argentina is headed toward recession in the next few months, less than two years after emerging from the latest one.

The EU’s blue economy–all economic activities related to oceans, seas and coastal areas–is growing steadily, according to the EU’s first annual report on the blue economy.

The average estimated real gross domestic product growth in Georgia equaled 6.1% for the first five months of 2018 year-on-year, says the National Statistics Office of Georgia. The estimated…

Analysts forecast the global galvanized steel market to grow at a CAGR of 5.29% during the period 2018-2022. The report has been added to ResearchAndMarkets.com’s offering.

Galvanized…

Brazil’s central bank cut its forecasts for economic growth and increased inflation projections as the economy deteriorated in the second quarter, MarketWatch reported. In its quarterly…

Canada’s economy showed unexpected strength in April with output edging higher on a sharp pick up in manufacturing and a rebounding real estate sector.

Gross domestic product expanded 0.…

Sri Lanka’s economy is expected to grow 4.3% in the medium term, but it will only be possible if the government remains committed to its reform agenda, the World Bank said in a report released…

The International Monetary Fund sees Hungary’s macroeconomic situation as stable, considers its 2018 growth prospects strong and next year’s draft budget reassuring, the finance ministry said,…

Investors raised their short positions in Asian currencies over the past month, a Reuters poll showed, with bets on the Chinese yuan turning bearish for the first time in over a year as Sino-US…

China has eased limits on foreign ownership in auto manufacturing, insurance and other fields but didn’t directly address complaints that are fueling conflict with Washington over trade and…

Companies across Germany are getting more nervous and not just sitting idle waiting for Brexit, but are already preparing by looking for individual solutions and expensive work-arounds.

Japan’s unemployment rate stood at 2.2% in May, improving from 2.5% the previous month, the ministry of internal affairs and communications said Friday.

US economic growth in the first quarter was revised down to a lackluster 2%—a sharp deceleration and the poorest showing in a year.

The commerce department said Thursday in its final…

The picture of China’s economy slowing in the second quarter is misleading, or even inaccurate, with retail sales and investment actually stronger than the official data show, according to the…

Taiwan’s economy flashed a green light indicating steady growth for the fourth consecutive month in May, partly on the back of growing exports at a time of solid global demand, the National…

The Scottish economy has grown by 0.2% in the first quarter of 2018. Official figures show on a year-on-year basis Scottish GDP had grown by 0.8%. The figure is marginally above the equivalent…

Russia is a country with an unpredictable past, according to a local saying, and a recent change in some of its economic data rather proves it.

Saudi Arabia, Kuwait and the United Arab Emirates will soon announce an integrated program to support Bahrain’s economic reforms and its fiscal stability, a joint statement from the three…

Gabon’s economic growth is expected to rise to 2% in 2018 from 0.5% a year ago thanks to robust growth in agriculture, mining and logging, which enabled it avoid a recession, the International…

Economists have warned that while an additional 56,000 jobs have been created in South Africa in the last quarter, it doesn’t paint a good picture overall. Stats SA released the findings on…

A campaign to raise awareness of water security in Ukraine could be an inspiration around the world, activists behind it say, after it forced a change in the country’s approach to its water…

The congressional budget office on Tuesday confirmed that the US faces a rising tide of red ink, with the national debt as a share of the economy projected to nearly double over the next 30…

European Union banks face an anti-money laundering crackdown before the end of the year following allegations of wrongdoing at two Latvian and Maltese lenders, top officials say.