Thursday, August 6, 2020

Japan dips into recession

GDP shrank 1.6% on an annualised basis as firms held back on capital investment Japan’s economy slipped to recession in the third quarter for the second time in a row. This has set...

Scotland Votes To Stay In United Kingdom

The 'No' side will win the referendum with 55 per cent of the vote while 'Yes' will secure 45 per cent, according to a forecast Scotland has voted to stay in the United Kingdom...

BRAZIL- Life after the World Cup

On October 30th 2007, wild celebrations took place on the streets of Rio de Janeiro, Sao Paulo and elsewhere across the 5th largest country in the world.

Argentina: Russia’s new market

The South American country is in a good position to capitalise on President Putin’s embargo on food imports from Europe and Western nations Kamilia Lahrichi Russian businessmen met their Argentinian counterparts in Buenos Aires...

New Brazilian minister pledges realistic fiscal targets and balanced economic growth

Brazilian President Dilma Rousseff finally announced on Thursday the appointment of Joaquim Levy, as her next Finance minister who is also known as the 'scissors man', who pledged more realistic fiscal targets and...

Asian Nations Launch $100 Bn Infrastructure Bank

India will be second largest shareholder of China-backed Asian Infrastructure Investment Bank India along with 20 other countries on Friday signed an agreement to become founding members of the China-backed Asian Infrastructure Investment Bank...

Singapore economy to grow 3.0 percent in 2014

Singapore's economy is expected to slow to growth of 3.0 percent this year as a global deterioration hits the city-state's crucial trade outlook, the government said on Tuesday. Gross domestic product (GDP) expanded 3.3...

US economy grew at 3.9 percent rate in 3rd quarter

WASHINGTON (AP) -- The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in...

Decoding China’s debt

Falling home sales and foreign investment adding to woes Suparna Goswami Bhattacharya The dragons have been the envy of many countries for long. With the economy growing in double digit for most of the...

World Bank Chief Economist Says It’s Time For ‘BRICKS’

Originally the grouping was known as BRIC, after Goldman Sachs' Jim O'Neill coined this term in 2001 for Brazil, Russia, India and China. The five-member block of emerging economies, BRICS, should consider drawing Kenya...

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