Economics

UBS: China will increase debt in 2019 to support the economy

UBS Group AG predicts a rise in debt in China in 2019, which is designed to mitigate a slowdown in economic growth, reports Bloomberg.
Published on February 18, 2019
By Iris Barker

Public And Private Projects Being Delayed Due To Brexit: Galliford Try

Private companies are not delaying investment in the United Kingdom while the government remains busy preparing for the exit of the UK form the European Union, said the construction firm
Published on February 15, 2019
By Debdutta Ghosh

Trade Talks Making Progress, Says China’s Xi Progress

There has been important progress in the trade talks between the United States and China, said the Chinese president Xi Jinping while talking to trade representatives from the US and
Published on February 15, 2019
By Debdutta Ghosh

U.S. Deficit In Current Budget Year Is 40% Higher Y-O-Y

The federal budget deficit of the United States government in the month of December 2018 was calculated to be at $13.5 billion. This resulted in the overall deficit for the
Published on February 14, 2019
By Debdutta Ghosh

Morgan Stanley Predicts Need For More Foreign Capital For China From 2020

Banker Morgan Stanley believes that the China’s economy is on a path of “long-term decline” and would require more of foreign capital for growth starting from 2020. According to a
Published on February 13, 2019
By Debdutta Ghosh

Breaking The Myth About Invisibility Of Australian Economy’s 27 Year No Recession Period

Australia’s economy, which has not seen a recession in the last 27 years, has long aroused curiosity for economists and academicians throughout the world as there are some folklore that
Published on February 11, 2019
By Debdutta Ghosh

Oil Exporters Are Yet To Completely Recover From 2014 Oil Shock, Says IMF’s Lagarde

While there is still time for a complete recovery from the sudden and very steep oil price fall in 2014 for oil exporters, such entities should not therefore invest in
Published on February 10, 2019
By Debdutta Ghosh

Talks With Chinese President Xi Not Possible Before Trade Deadline: Trump

According to a news report published by Reuters, there are no plans of US President Donald Trump to meet his Chinese counterpart Xi Jinping before the end of the 90
Published on February 8, 2019
By Debdutta Ghosh

Sanctions against Venezuela hit US oil industry

Refineries in the United States spend billions on heavy grades of oil. Sanctions imposed by Trump against Venezuela forced them to rush to look for other suppliers. However, there are…
Published on February 8, 2019
By Iris Barker

UK companies are stocking up for a rainy day

In anticipation of Brexit without an agreement, British companies are packing their warehouses with a wide variety of goods, ranging from food and ending with drugs and car parts.
Published on February 4, 2019
By Iris Barker

Germany may face budget deficit in 2023

Germany will face a budget deficit of € 25 billion by 2023, if it does not reduce costs, as tax revenues will decline, and wages in the public sector will…
Published on February 4, 2019
By Iris Barker

Venezuela to partly sell its gold reserve to UAE

Venezuela will sell 15 tons of gold from the country's central bank vaults to the United Arab Emirates (UAE) in the coming days for euro cash, a senior official
Published on February 1, 2019
By Iris Barker

India Could Be The Getaway For Huawei To The Trouble In The West

The pricing appeal of the products of Huawei can hold sway over security concerns in developing countries – which can be sources of solace for the Chinese telecom equipment manufacturer
Published on January 31, 2019
By Debdutta Ghosh

UK PM Theresa May Wins Crucial Confidence Vote To Continue In Office

A crucial vote of confidence in the UK parliament was won by British Prime Minister Theresa May on Wednesday. In the ballot of Conservative members of parliament (MPs), May won
Published on January 31, 2019
By Debdutta Ghosh

Research: IQ level affects economic literacy

People with relatively high intelligence, as measured by the IQ test, more accurately predict level of inflation, and their households better adapt to economic changes through a change in the…
Published on January 31, 2019
By Iris Barker

Moody’s: Global economy slowdown will weaken the global credit market

A slowdown in the global economy, higher financing costs, deteriorating liquidity and market volatility will weaken the global credit market, analysts at Moody's Investors Service say.
Published on January 30, 2019
By Iris Barker

IoT technology encounters problems with industrial enterprises

Bain & Company published a report on the introduction of the Internet of things in the industry. It is noted that several years after the advent of such technologies and…
Published on January 30, 2019
By Iris Barker

US Imposes Strict Economic Sanctions On Venezuela’s State-Owned Oil Firm

The state owned oil firm of Venezuela has been imposed with sweeping sanctions by the United States apparently to force the Venezuelan President Nicolas Maduro to accept opposition leader as
Published on January 29, 2019
By Debdutta Ghosh

Wider Impact Of Chinese Slowdown May By Reflected By Apple, Nvidia And Caterpillar

According to analysts, a reflection of a broader global business slowdown because of a slowdown in the Chinese economy can be had from the disappointing results from construction machinery giant
Published on January 29, 2019
By Debdutta Ghosh

US-China trade dispute is lowering oil quotes

On Monday, the cost of the nearest futures contracts for the supply of European Brent crude fell below $ 60 a barrel for the first time in two weeks. The…
Published on January 29, 2019
By Iris Barker

Survey Finds No Major Effect On Business Capex Plans In US Despite $1.5 Trillion U.S. Tax Cut

According to survey by the National Association of Business Economics’ (NABE) for the United States for its quarterly business conditions gas revealed that there has apparently been no significant impact
Published on January 28, 2019
By Debdutta Ghosh

Süddeutsche Zeitung: Large European companies pay less taxes than they should

The first place in terms of the inconsistency between the due and actually paid taxes is taken by Luxembourg. The situation in the EU is the best is in Bulgaria,…
Published on January 28, 2019
By Iris Barker

Chinese Premier Confident Of Keeping 2019 Growth Within Appropriate Range

China has the ability to and the confidence to keep growing at an appropriate range in 2019 notwithstanding the headwinds, said the Chinese Premier Li Keqiang on Friday while taking
Published on January 27, 2019
By Debdutta Ghosh

Fears Of Chinese Influence Sparked In Philippines After A Bankruptcy Of A Private Shipping Yard

A debate over national security has been sparked in the Philippines about whether China could get control over a port near the disputed South China Sea after an incident of
Published on January 27, 2019
By Debdutta Ghosh

Signs Of Economic Slowdown Signals Revealed In Slump Of Global Shipping Rates

In what can be considered to be the latest signals of a slowdown of the global economy, over the last six months, there has been a plunge in the freight
Published on January 25, 2019
By Debdutta Ghosh

Everyone Would Be Dragged With The Drop Of Chinese Economy, Warns The IMF

In modern global economy, the entire global economy slows down if China is unable to keep pace despite the level of stimulus injected into the US economy – which also
Published on January 25, 2019
By Debdutta Ghosh

What to expect from global economy in 2019?

Investment Bank Julius Baer does not believe in the onset of a recession this year, but recommends investors to closely monitor the situation in China and the problems of the…
Published on January 25, 2019
By Iris Barker

Venezuela Could Seek New Destinations For Its Crude Under US Sanctions

According to oil traders and the media, Venezuela would be forced to send more of its crude oil to refineries in China, India or other Asian countries because of the
Published on January 24, 2019
By Debdutta Ghosh

PwC Predicts India Could Overtake UK As 5th Largest Economy In 2019

A report by global consultancy firm PwC claims that by 2019, the Indian economy is most likely to become larger than that of United Kingdom and go up past it
Published on January 24, 2019
By Debdutta Ghosh

Bears are going back to market

On Tuesday, the first significant decline in the indices of US stock exchanges was noted in the new year. Nervousness passed on to yesterday's trading in Asia and Europe. Analysts…
Published on January 24, 2019
By Iris Barker

Wealth Of Wealthy Grew By $2.5 Billion/Day While That Of Poorest Declined Globally

The fight against poverty globally is being undermined by the growing gap between rich and poor and it is also damaging national economies and triggering public anger across the world,
Published on January 23, 2019
By Debdutta Ghosh

Investors Getting Positive About Chinese Economy Following Some Encouraging Signals

There are apparently some positive signs for the Chinese economy after the second largest economy of the world churned out some worry some indicators earlier this year. Some experts are
Published on January 23, 2019
By Debdutta Ghosh

ETF funds are increasing investments in gold

The total assets of funds investing in gold have updated the five-year maximum, exceeding the mark of 2.25 thousand tons. Uncertainty about prospects for the world economy in 2019, as…
Published on January 23, 2019
By Iris Barker

IMF: Global economy is weakening

The International Monetary Fund (IMF) in its January macro-forecast once again lowered expectations for the growth of the world economy in 2019 and 2020, to 3.5% and 3.6%, respectively. In…
Published on January 22, 2019
By Iris Barker

EU-Wide Tax On Digital Revenues Within Arm’s Reach

The French Finance Minister informs that the global giants of digital sector could expect EU tax by the end of March.
Published on January 21, 2019
By Debaleena Bhattacharjee

Fewer Options Available To Central Bankers To Respond To Next Recession

The central banks of the world might not have the resources to fight a serious recession. During the last financial crisis, dramatic and unorthodox steps were taken by the central
Published on January 19, 2019
By Debdutta Ghosh

Fidelity Intl Believes Chinese Stocks Now Are ‘Very, Very Attractive’

Global investment house Fidelity International has predicted that one of the best places to invest in Asia in due is China and its valuation as described as “very, very attractive”
Published on January 18, 2019
By Debdutta Ghosh

Wealth-X: Europe shows the fastest growth in millionaires number

Last year, the number of wealthy people rose by 1.9% to 22.4 million worldwide (from $ 1 million to $ 30 million), according to a report by research company Wealth-X.…
Published on January 18, 2019
By Iris Barker

Global business is accumulating debt

The volume of the global debt load is now more than three times the size of the global economy. In the third quarter of 2018, this figure was $ 244…
Published on January 17, 2019
By Iris Barker

Trump Administration Urged To End Trade Uncertainty By Top Global Auto Leaders

Claiming the political instability was costing the global auto industry, the Trump administration and the United States Congress was urged by top global auto executives gathered in Detroit to resolve
Published on January 16, 2019
By Debdutta Ghosh

Chinese exporters notice lack of demand

The US protective duties, imposed on supplies from China in the amount of more than $ 250 billion, have finally affected the volume of Chinese exports. In December it decreased…
Published on January 16, 2019
By Iris Barker

Adobe Says Record $126 Billion Spent By US Holiday Shoppers Online

According to Adobe Analytics, the 2018 holiday season saw United States consumers spend record anmount of $126 billion on online shopping. The firm said that the driver for consumers were
Published on January 15, 2019
By Debdutta Ghosh

Venezuela raises minimum wage by 300%

Venezuelan President Nicolas Maduro announced an increase in the minimum wage in the country by 300%. As a result, it will grow to 18 thousand Bolivars (about $ 6.52) from…
Published on January 15, 2019
By Iris Barker

Lower Growth Target To Be Set By China For 2019: Reuters

As the Chinese economy sets itself up to tackle slump in domestic demand and US trade tariffs, the country has apparently lowered its economic growth target for 2019 of 6
Published on January 14, 2019
By Debdutta Ghosh

China’s trade turnover is falling faster than expected

Volume of foreign trade of China in 2018 in dollar terms reached a record in the entire history of the mark, having increased by 12.6% compared to 2017. However, a…
Published on January 14, 2019
By Iris Barker

Brazil green-lights Boeing-Embraer joint venture

The Brazilian government has approved a strategic partnership between Boeing and Embraer, which will set up two joint ventures (JVs), according to a general release of the companies.
Published on January 11, 2019
By Iris Barker

Japan’s Concerns Over Brexit The Focus Of Shinzo Abe’s UK Visit

It is expected that Japanese prime minister Shinzo Abe would apprise UK’s counterpart Theresa May about the concerns of his country about a no-deal Brexit in a meeting of the
Published on January 10, 2019
By Debdutta Ghosh

World Bank: Global economy growth is slowing down

The world economy in 2019-2020 will grow more slowly than in 2018, as follows from a new forecast of the World Bank (WB). Compared to the June estimate, the forecast…
Published on January 10, 2019
By Iris Barker

Current GDP Growth Of Chinas Likely To Be Below 6 Percent, Says An Eocnomist

It is likely that the economic growth for the Chinese economy in 2018 would come to below the 6 per cent level primarily because of a faltering domestic demand, according
Published on January 9, 2019
By Debdutta Ghosh

Samsung expects drop in profits by 29% in the IV quarter

South Korean Samsung Electronics Co., the world's largest manufacturer of smartphones and semiconductors, predicts a drop in operating profit in the fourth quarter by 28.7%, to approximately 10.8 trillion won…
Published on January 9, 2019
By Iris Barker
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