Economics

France achieves EU budget deficit goal but Macron’s popularity sinks

Last year, France's state deficit was below the 3% limit of the European Union for the first time in ten years, Reuters reports.
Published on March 27, 2018
By Iris Barker

IMF suggests creating a rainy-day fund for the euro area

Managing Director of the International Monetary Fund (IMF) Christine Lagarde proposed to create a "rainy-day fund" for the euro area to help mitigate future economic downturns in the bloc countries,…
Published on March 26, 2018
By Iris Barker

Tim Cook Calls For ‘Calm Heads’ Amidst The ‘Brewing U.S.-China Trade Dispute’

China will strengthen its business intellectual property protection while treating the domestic and the foreign firms equally.
Published on March 26, 2018
By Debaleena Bhattacharjee

Bank Of England Minutes Hint Rise In UK Rates Even As It Stays On Hold For Now

A voting for the possibility of rate hike saw two members of the monetary policy committee of the Bank of England (BoE) voted in favor of an immediate rise in
Published on March 23, 2018
By Debdutta Ghosh

New Import Tariffs On U.S. Goods Planned By China As Trade War Nears

Over 100 goods that include fruit, pork, wine and seamless steel pipes among others exported from the U.S. into China are being planned to be hit by retaliatory Chinese tariffs
Published on March 23, 2018
By Debdutta Ghosh

Venezuela is losing its last allies

The debt crisis of Venezuela will almost certainly continue to deepen this year. At the same time, the Venezuelan government can lose one of its most important financial donors, which…
Published on March 23, 2018
By Iris Barker

Credit Suisse Survey Finds More Indians Likely To Invest In Financial Assets Instead Of Gold And Property

A recent survey on Indian investors done by Credit Suisse has found a trend among Indians of shifting away from the traditional norm of investing in gold and towards financial
Published on March 22, 2018
By Debdutta Ghosh

Reuters: The Bank of England will raise the rate only in May

The Bank of England will stick to its rate of interest rate increase in May, according to a study by Reuters.
Published on March 22, 2018
By Iris Barker

US Tariffs Makes Germany And China To Agree On To Work Together To Reduce Steel Overcapacity

Germany and China have agreed to work on finding solutions to the issue of overcapacity in the global steel market according to the framework of the G20 group of industrialised
Published on March 20, 2018
By Debdutta Ghosh

ECB sets to discuss raising interest rates

The European Central Bank (ECB) officials set to discuss expected interest rates as the biggest part of the board of governors believe that voluminous bond purchases ought to be completed…
Published on March 20, 2018
By Iris Barker

Continued Bitcoin Slide Aids Wiping Of Over $60 Billion From Crypto Market Within A Day

Following closer regulatory scrutiny on cryptocurrencies and announcement by Google about banning virtual currency ads, there was a sharp fall in the prices of major cryptocurrencies on Thursday. According to
Published on March 15, 2018
By Debdutta Ghosh

Right Now The Most Sought After Emerging Market Is Saudi Arabia

As the cloud of uncertainty around the launch of the largest ever IPO ever of Saudi Aramco and the recent crackdown on corruption in Saudi Arabia clears, investors are committing
Published on March 15, 2018
By Debdutta Ghosh

Goldman bets on emerging-market stocks

Goldman Sachs Asset Management considers shares of developing countries the best option for investment after the February fall in the value of assets, writes Bloomberg.
Published on March 15, 2018
By Iris Barker

Allianz Global Analyst Says Bitcoin Is An Asset Class Bubble Waiting To Burst

Experts at Allianz Global Investors are of the opinion that it is just a matter of when the Bitcoin bubble will burst and it is no more a question of
Published on March 14, 2018
By Debdutta Ghosh

Coinbase is now allowed to work with money in the UK

The UK regulator (FCA) granted Coinbase a license to work with electronic money. This allows the company to provide payment services and issue digital alternatives to cash, which can then…
Published on March 14, 2018
By Iris Barker

IMF says it’s ready to regulate the cryptocurrency market but banks are still cautious

The head of the International Monetary Fund, Christine Lagarde, believes that regulators should use the blockchain to combat "danger that comes with promises" associated with crypto-currencies.
Published on March 14, 2018
By Iris Barker

U.S. Policy On Tariff Exemption On Steel Not Clear: EU Trade Head

The EU find that there is no immediate clarity on the exact nature of the exemptions that the U.S. intends to provide to some of its allies from the import
Published on March 12, 2018
By Debdutta Ghosh

Head Of EU Rescue Fund Believes No Credit Line Needed By Greece Post Bailout

According to the head of Europe’s rescue fund, IF Greece follows that path to reforms, the debt-ridden nation would probably not need any precautionary credit line following the expiry of
Published on March 12, 2018
By Debdutta Ghosh

China, Canada, Hong Kong are at risk of a banking crisis

China, Canada and Hong Kong are among the countries most at risk of banking crisis, Bloomberg reports with reference to the Bank for International Settlements.
Published on March 12, 2018
By Iris Barker

BIS: Cash is not going to die

Although increasingly more people use cards, mobile phones or even face recognition technology for payment, cash is still popular, Reuters reports citing the Bank for International Settlements (BIS).
Published on March 12, 2018
By Iris Barker

U.S Fiends Make Beeline To Get Relief From Trump Tariff On Steel And Aluminum

Even while Chinese steel and aluminum producers gave a call to the Chinese government to retaliate the imposition of tariff on the import of the two metals into the U.S.
Published on March 9, 2018
By Debdutta Ghosh

Prices growth in the global real estate market: Winners and losers of 2017

Global Property Guide portal published a study on the changes in property prices in 45 countries in 2017. Who was ahead of others, and who became an outsider?
Published on March 9, 2018
By Iris Barker

Trump Tariffs On Steel And Aluminum Not To Be Initially Imposed On Mexico And Canada

While giving some interim relief to Mexico and Canada with respect to the proposed trade tariffs by the Trump administration, the U.S. has reiterated that those concessions would eventually depend
Published on March 8, 2018
By Debdutta Ghosh

Street Protests Greet A Multibillion Dollar Trade Alliance Between The U.K And Saudi Arabia

Economic and investment partnership was launched by U.K.’s prime minister and Saudi Arabia’s crown prince which is valued at billions of dollars even as the move was protested by human
Published on March 8, 2018
By Debdutta Ghosh

How soon will the Canadian economy collapse?

Canada can unexpectedly become a world leader in terms of debt.
Published on March 7, 2018
By Iris Barker

The US and Mexico are accelerating revision of NAFTA

Mexican and American officials intend to accelerate negotiations on the revision of the North American Free Trade Agreement (NAFTA) in order to reach a consensus in principle and avoid political…
Published on March 6, 2018
By Iris Barker

Indian banks are sweeping clean the domestic market

Indian banks are actively raising funds to meet ever-increasing costs.
Published on March 6, 2018
By Iris Barker

China waits for economic stability

China has stepped up efforts to limit financial risks by lowering the budget deficit target for the first time since 2012. The target for economic growth is set at around…
Published on March 5, 2018
By Iris Barker

Trump introduces new steel and aluminum duties

Trump called the competition from foreign companies "shameful". Now importers will have to pay a duty of 25 percent, and importers of aluminum - 10 percent.
Published on March 2, 2018
By Iris Barker

Kashkari Of Fed Recommends A Wait Before Interest Rate Hike

Market needs to be allowed to work as people need to find job to use up the “slack” in the labour market. However, if the interest rates are to be…
Published on March 1, 2018
By Debaleena Bhattacharjee

Increased Consumption Drives The Indian Economy To Potentially Its Fastest Growth In A Year

The October to December growth figures from India suggest that the economy has the potential to further its recovery. For the three months ended December, the GDP of the country
Published on February 28, 2018
By Debdutta Ghosh

Industrial production in Japan fell sharply in January

Industrial production in Japan in January showed a maximum decline in almost seven years. Retail sales in the country declined more than expected, reports Bloomberg.
Published on February 28, 2018
By Iris Barker

Jerome Powell is optimistic about the US economy

The US Federal Reserve System (FRS) will continue to adhere to the policy of a gradual rate hike, the new Congressman, Jerome Powell, promised in his first official speech to…
Published on February 28, 2018
By Iris Barker

Amigo Gears Up For London Stock Market Float

JP Morgan & RBC gets appointed for examining the potential ‘500 million pounds” London IPO.
Published on February 28, 2018
By Debaleena Bhattacharjee

The U.S. Tax-Reform Could Fuel Up The Cost Of Investment Warns BASF

High costs of investment are already makes it difficult in carrying out “investments on time and on budget”.
Published on February 27, 2018
By Debaleena Bhattacharjee

BoE To Remain Firm With Insurers’ EU Capital Rules & To Turn ‘Easier For New Entrants’

No “big alteration” will be entertained in haste by BoE when it comes to the alteration for reducing the “burden” of the E.U. capital rules.
Published on February 27, 2018
By Debaleena Bhattacharjee

Tier II Cities In UK And Europe Preferred By Asian Investors Seeking Cheaper, Smaller Properties

Smaller units and higher yields are the preference for Asian investors who are seeking to purchase property in the United Kingdom and Europe. Therefore, their focus is now turning to
Published on February 27, 2018
By Debdutta Ghosh

A Gradual Hike Ion Rates Anticipated To Be Continued By U.S. Fed In 2018

The U.S. is expecting a stronger economic outlook and this has prompted experts to predict that the U.S. Federal Reserve would continue its strategy of a gradual hike in interest
Published on February 26, 2018
By Debdutta Ghosh

Toughest Nafta Issues To Follow The Latest Round Of Scheduled Negotiations

Mexico and Canada are hoping to finish off some of the more contentious issues surrounding the North American Free Trade Agreement (Nafta) trade deal before elections in Mexico after finishing
Published on February 26, 2018
By Debdutta Ghosh

Bain & Company: Total volume of dormant capital investment reaches record level

Bain & Company has released a new report on the private equity market. The total volume of transactions increased by almost 20% compared to last year, to $ 440 billion.…
Published on February 26, 2018
By Iris Barker

The economy of Mexico is getting rid of dependence on the US

The European Union and the negotiators from Mexico have concluded the ninth round of talks on the modernization of the 20-year free trade agreement, Reuters reports.
Published on February 22, 2018
By Iris Barker

BoE’s Rate Hike On The Cards Worries Economists After The Recent Data On British Economic Performance Of 2017

Even though, the British economy outperforms the initial blows of Brexit, the performance still keeps the country “lagging” behind in “global recovery”.
Published on February 22, 2018
By Debaleena Bhattacharjee

Germany Continues To Register High Trade Surplus With U.S., Shows Official Data

Official figures from the Federal Statistical Office of Germany has shown that in 2017, the trade surplus that Germany has with the United States had once again widened. Germany noted
Published on February 22, 2018
By Debdutta Ghosh

McKinsey: Productivity will grow in the US and Europe

The era of inert productivity growth may be coming to an end in the US and Europe. This conclusion is contained in the report of the research division of the…
Published on February 21, 2018
By Iris Barker

US, Australia, India, Japan are looking for an alternative to the Chinese One Belt One Road

Australia, the United States, India and Japan are discussing creation of an international infrastructure project that can become an alternative to the Chinese One Belt One Road Initiative. The Australian…
Published on February 21, 2018
By Iris Barker

Investors are optimistic about Germany’s prospects

The state of the German economy is expected to improve in the next six months, Reuters reports citing a poll that showed a generally upbeat outlook, despite a slight deterioration…
Published on February 20, 2018
By Iris Barker

Economists Express Doubt About Success Of Venezuela’s Launch Of Oil Backed Cryptocurrency

The Venezuelan government is hopeful that it would be able to bypass the worsening economic crisis in the country by the launch of the its new oil-backed digital currency. Many
Published on February 20, 2018
By Debdutta Ghosh

Trump Warned By China On Issue Of Possible Import Tariff By U.S. On Steel And Aluminum

Action would be taken by China if high tariffs are imposed on import of steel and aluminum into the U.S. by President Trump, warned the second largest economy in the
Published on February 19, 2018
By Debdutta Ghosh

Low Wages, Online Retail And Change In Consumer Spending Habit Spelling Doom For U.K. Retailers

When the latest data about the retail industry in the U.K. was released by the Office for National Statistics, City economist Jeremy Cook City economist Jeremy Cook commented: “Who’d be
Published on February 19, 2018
By Debdutta Ghosh

Reuters: Sentiment of Japanese manufacturers worsened

The moods of Japanese industrial producers has deteriorated significantly in February compared to January, the Reuters Tankan survey showed, indicating that the strong yen and global turmoil in the markets…
Published on February 19, 2018
By Iris Barker