Russia’s Reserve Fund could be completely depleted in the two-year time if the current negative tendencies persist in the year 2015, the head of the Russian Audit Chamber, Tatiana Golikova says.…
World Economy
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HTC, a global leader in technology innovation and design, says it has heralded a new era of innovation, and an exciting new direction for the business, with the introduction of a suite of…
World-EconomyMore than 1.2 billion people are living on less than $1.25 a day and 2.4 billion are living on less than $2 a day, UN Secretary-General Ban Ki-moon said.
World-EconomyInvestors may have over-reacted to signs of economic slowdown, although they have been right to price in weaker global growth prospects, the Bank of England’s chief economist said.
“What we…
World-EconomyIndia is poised to become a $2 trillion economy this year, while its GDP size would cross another milestone of $3 trillion after five years in 2019, according to IMF’s latest world economic…
World-EconomyThe fourth Global Green Growth Forum (3GF) convening a select high-level group of 250-300 green growth leaders and decision-makers will take place on October 20-21, 2014 in Copenhagen, Denmark.…
World-EconomyRosselkhoznadzor, Russia’s agricultural watchdog, temporarily banned imports of meat by-products from the European Union over violations of veterinary-sanitary requirements.
World-EconomyThe euro zone is not heading for another recession, the outgoing president of the European Commission Jose Manuel Barroso said on Sunday. Growth in the euro zone economy ground to a halt in the…
World-EconomyYoung people are “the losers” in the economic recovery, the UK government’s social mobility adviser has claimed. Alan Milburn, a former Labor MP, said it was “depressing” young people were losing…
World-EconomyShares in Europe and US have rebounded after a turbulent week in which stock markets tumbled to multi-month lows.
On Friday US stocks closed more than 1% up, with the S&P 500 posting…
World-EconomyTwo days after Matteo Renzi presented Italy’s 2015 budget, it is emerging that the prime minister’s claims of unprecedented tax cuts to revive a stagnant economy are not exactly as he…
World-EconomyCanadian manufacturing sales fell 3.3% in August to $52.1 billion, Statistics Canada reported, the first decline in 2014. The decrease mostly reversed the gains recorded in June and July. The…
World-EconomyFirst they spoke of an imminent decrease in unemployment; then, of a decreasing increase. Now, halfway through their term and with jobs still shedding, France’s ruling Socialists vow to “speak the…
World-EconomySingapore’s plans to cut reliance on foreign workers could reduce its competitiveness and growth potential while keeping core inflation elevated, the International Monetary Fund said in a report…
World-EconomyArgentina will launch a new two-year sovereign bond on Oct. 23 for up to $1 billion, denominated in US dollars and paid in the local peso currency, the Economy Ministry said in a…
World-EconomyFormer director of the Organization for Economic Cooperation and Development (OECD) Mario Pezzini and former president of European Commission and United Nations’ former special envoy for Sahara…
World-EconomyThat’s essentially the question Federal Reserve Chair Janet Yellen raised Friday in a speech on the widening gap between rich and poor in the United States.
World-EconomyLockheed Martin, the American defense contractor, has claimed a major breakthrough in nuclear fusion as an energy source, DW reported. The company said it would build and test a compact fusion…
World-EconomyLondon has become more negative than positive (-12) regarding the country’s financial situation, despite being more positive in August (+5), while Northern Ireland also saw a significant drop in…
World-EconomyThe global stock market slump increases South America’s reliance on Chinese investment. But friendship has its limits, writes DW columnist Frank Sieren.
World-EconomyGold prices fell Friday as a relief rally in US equities sapped investor appetite for haven assets like precious metals.
The most actively traded contract, for December delivery, fell $2.20…
World-EconomyFor the past few years Germany has been a shining exception to Europe’s economic weakness. But suddenly the Teflon Teuton is in trouble. Germany’s GDP fell in the second quarter and more recent…
World-EconomyRussia and China have agreed to formulate the principles on which Chinese companies may join the Moscow-Kazakh high-speed railway project within weeks, the first deputy president of the Russian…
World-EconomyMoody’s downgraded Russia’s debt by one notch Friday, citing the ongoing conflict in Ukraine, capital flight and falling oil prices, CNN reported. The debt rating is now Baa2, just two…
World-EconomyPhilippine inflation may have already reached its peak when it hit 4.9% in July and in August but upside risks such as the pending adjustments of power rates remain, Xinhua reported. Bangko…
World-Economy