Economics
Economist say Little More Than One Year for Brexit Negotiations Could be Available to UK
As the unpredictable European elections seem to look completely set to push back the Brexit talks by more than six months, one senior economist is of the view that U.K.
Published on February 11, 2017
By Debdutta Ghosh
Economics
Le Pen scares away investments in France
French presidential candidate Marine Le Pen said that majority of holders of the country’s debt do not care about a currency in which the debt will be repaid. However, investors…
Published on February 10, 2017
By Iris Barker
Economics
Sore Spot in Trump, Abe Meet is Japan’s Love of Tiny Cars
While the path to balancing auto exports and imports will be no easier than it was in the 1980s, Japan’s bulging automotive trade surplus will be a sore spot when
Published on February 10, 2017
By Debdutta Ghosh
Economics
American oil leap frogs in production; the market hits the panic button
The United States continues to actively build up oil reserves and is stepping up active drilling. This situation occurred thanks to stabilization of oil prices, which OPEC and other producers…
Published on February 9, 2017
By Iris Barker
Economics
Canada Government’s Bombardier Funding Challenged at WTO by Brazil
Accusing Canada of distorting the global aerospace industry with subsidies for planemaker Bombardier Inc, Brazil opened a formal complaint against Canada at the World Trade Organization (WTO). Undercutting the market
Published on February 9, 2017
By Debdutta Ghosh
Economics
Italians are losing faith in the euro
Deputy Governor of the Central Bank of Italy Salvatore Rossi during a radio show was asked why wouldn’t the country abandon the euro and return to its old and familiar…
Published on February 8, 2017
By Iris Barker
Economics
Australia’s Trillion-Dollar Debt Pile Now Develops Cracks
In Australia, mortgage arrears are creeping up, lenders’ bad debt provisions have increased and personal insolvencies are near an all-time high are the three warning signs that back up the
Published on February 8, 2017
By Debdutta Ghosh
Economics
PwC predicts the world’s largest economies of 2030
PwC published a forecast of the world’s most powerful economies until 2030. The report is called "The long view: How will the global economic order change by 2050?". The paper…
Published on February 7, 2017
By Iris Barker
Economics
Lower Fiscal Surplus Target Should be Met by Greece, says the IMF
Greece should meet the fiscal surplus target preferred by most IMF directors which will help its economy to grow by just under 1.0 percent in the long run given the
Published on February 7, 2017
By Debdutta Ghosh
Economics
A Headache for the EU and Investors is Being Posed by Romania
While asking the Romanian government to increase transparency, both European Union officials and investors have raised concerns over corruption in the country. This followed the government scrapping the constitutional changes
Published on February 7, 2017
By Debdutta Ghosh
Economics
Barron’s: AMD’s share price will double in 2017
Analysts see an opportunity for double-digit growth of AMD's stock price in the current year, according to Barron's. Over the past year papers of the producer of chips and graphics…
Published on February 6, 2017
By Iris Barker
Economics
Last Year, $75 Billion Worth of Overseas Chinese Acquisitions were Cancelled: FT
As a regulatory clampdown and restrictions on foreign exchange caused 30 acquisitions with European and US groups to fall through, the Financial Times reports that Chinese overseas deals worth almost
Published on February 6, 2017
By Debdutta Ghosh
Economics
U.S. profit Picture Could be Helped by Dollar’s Sudden Weakness, say Analysts
The suddenly limp U.S. dollar is something that stock investors could have at least one less worry in the next earnings period. A sharp reversal since the start of the
Published on February 5, 2017
By Debdutta Ghosh
Economics
Strategist says if Britain Resorts to WTO Trade Rules Post-Brexit, Sterling Could Face Binary Implications
A strategist at BofA Merrill Lynch is of the view that the complete impact of the U.K. and European Union (EU) failing to reach a trade agreement and the subsequent
Published on February 4, 2017
By Debdutta Ghosh
Economics
ECB: We need a ‘bad bank’ to deal with ‘bad loans’
Vice-President of the European Central Bank (ECB) Vitor Constancio urged to create a plan of action to support banks in dealing with a backlog of bad debts of about 1…
Published on February 3, 2017
By Iris Barker
Economics
Pfizer, Oracle, Boeing, Dow Chemical In A Coalition Side With ‘Border Adjustment’ Tax Proposal
Two different corporate coalitions are formed; one supports Republican House’s tax proposal while the other opposes the same and rallies for Congress.
Published on February 3, 2017
By Debaleena Bhattacharjee
Economics
Japan to invest in US infrastructure
The world's largest pension fund GPIF (Government Pension Investment Fund of Japan) is going to invest in infrastructure projects in the United States.
Published on February 2, 2017
By Iris Barker
Economics
Despite Hot Start for Global Deals, Foreign Interest in US Companies is Lower
Due to the high political uncertainty in the United States international acquisitions of U.S. firms are lagging compared to other parts of the world despite the fact that global corporate
Published on February 2, 2017
By Debdutta Ghosh
Economics
Global Economy Is At The Risk Of Getting Hurt By Trump Policies: Bridgewater’s Dalia
The founder of Bridgewater considers this to be a crucial time when the balance of Trump policies and global economy stands at an “important” corner.
Published on February 2, 2017
By Debaleena Bhattacharjee
Economics
Pointing Towards Economic Stabilization, Chinese Manufacturing Expands in January, Shows Official PMI Data
As the mainland economy shows signs of stabilizing, indicating that the industrial sector continued to expand in January and a tad faster than expected, shows China’s official manufacturing Purchasing Managers’
Published on February 1, 2017
By Debdutta Ghosh
Economics
Global Impact on tech Companies by Trump’s Travel Ban
Global tech companies, including Amazon, are considering legal action because of the potential impact on their business of President Donald Trump’s recent immigration ban barring citizens from seven predominantly Muslim
Published on February 1, 2017
By Debdutta Ghosh
Economics
Ten countries with the cheapest labor force
It is very difficult to find someone who would have been completely satisfied with their salary. Very often, people believe that they are underpaid.
Published on February 1, 2017
By Iris Barker
Economics
India will give out cash to fight poverty
Financial help to poor Indian population could almost eradicate poverty in the country, but it will cost between 4% and 5% of GDP, said the country's government report.
Published on January 31, 2017
By Iris Barker
Economics
Bank of Japan Keeps Policy Unchanged, Raises Economic Growth Forecasts
While keeping its policy stance unchanged, as was widely expected in its latest policy review, the Bank of Japan raised its economic growth forecasts. From its previous forecast, made in
Published on January 31, 2017
By Debdutta Ghosh
Economics
Probability of France’s Far Right Ending Largest Civilization Project of 20th Century
Analysts have been carefully assessing how French elections in May could deal a “severe blow” to the European Union (EU) with Marine le Pen transforming her National Front (NF) into
Published on January 31, 2017
By Debdutta Ghosh
Economics
Japan is gripped by a flow of migrant workers
Japan continues to be popular among in migrant workers. In October last year, more than a million foreigners chose this country, and decided to work there – this number is…
Published on January 30, 2017
By Iris Barker
Economics
IMF’s Latest Recommendations Could be the Last Chance for Greece
The latest IMF report, which was delivered to the Fund’s board members for consultation, reveals that more turbulence lies ahead for Greece – the debt-ridden European nation, despite decisive action
Published on January 29, 2017
By Debdutta Ghosh
Economics
Hope for America After Trump Ascension Expressed by Gates, Buffett
Even as the U.S. works through political differences and gets used to the new Trump administration, Bill Gates and Warren Buffett expressed optimism that the country will move ahead and
Published on January 29, 2017
By Debdutta Ghosh
Economics
Economists See ‘Inflation Recovery’ In Euro-Zone Loans’ Sector As ‘Fragile’ & Not As A Sustainable Trend
Fresh data show acceleration in the loans’ sector of euro-zone, thanks to cheap cash of ECB.
Published on January 29, 2017
By Debaleena Bhattacharjee
Economics
To Counterbalance China, Trump may have Found his Big Ally – India, Not Russia
It may not be Russia that the U.S. president sees as America’s critical new ally despite all the talk about the mutual admiration between Donald Trump and Vladimir Putin. The
Published on January 28, 2017
By Debdutta Ghosh
Economics
Wider Trade Gap Slows Down U.S. Economy, Rise in Business Spending
While steady consumer spending and rising business investment pointed to sustained strength in domestic demand, U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of
Published on January 28, 2017
By Debdutta Ghosh
Economics
Volume of Chinese investment in Europe jumped in 2016
Consulting company EY said that Chinese investment in European companies almost tripled in 2016, growing to $ 85.8 billion. Germany has received especially generous cash flow as investments in the…
Published on January 27, 2017
By Iris Barker
Economics
A New Report Estimates That Blockchain Could Save The Banks Almost ‘$12 Billion’ Annualy
Adapting blockchain technology could reduce operating costs for the banks and investments firms, take over some back-office management, while the failure on the front of wide-spread acceptance of the technology,…
Published on January 27, 2017
By Debaleena Bhattacharjee
Economics
Here is Why There Can be a Rebound in Gold Prices
Ever since the rally in global stocks and dollar following Donald Trump’s victory in the U.S. elections, gold prices have been under pressure. And reflected in the recovery of gold
Published on January 26, 2017
By Debdutta Ghosh
Economics
Following the Brexit Vote, the UK Economy is not Showing Signs of a Slowdown
With a better-than-expected set of growth figures for the fourth quarter, the British economy showed no signs of losing momentum at the end of 2016. Preliminary figures by the Office
Published on January 26, 2017
By Debdutta Ghosh
Economics
EIU Report Warns that US is no Longer a Full Democracy
According to the Economist Intelligence Unit (EIU), for the first time in the history of the country, the United States has been demoted from a full democracy to a flawed
Published on January 25, 2017
By Debdutta Ghosh
Economics
Despite Risks Posed by U.S. Protectionism, Japan Notes Uptick in Exports for the First Time in 15 Months
Even as U.S. protectionism threatens to hurt trade across the region and dent external demand, in a positive sign for the export-reliant economy, Japan’s exports rose for the first time
Published on January 25, 2017
By Debdutta Ghosh
Economics
The Eurogroup will decide on fate of Greece’s debt
At the meeting of 26 January Eurogroup is going discuss Greece’s progress on its way to economic recovery. At the meeting, the ministers will talk over all possible risks that…
Published on January 25, 2017
By Iris Barker
Economics
The ‘Slashing Agricultural Economy’ Of The U.S. Mourns The Exit From TTP
The farmers and agricultural trade unions of the U.S. are facing “new threats” as President Trump signs out of the deal, while others see China taking its place in the…
Published on January 25, 2017
By Debaleena Bhattacharjee
Economics
Engaging In A ‘Trade War’ Won’t Be Healthy Either For China Or The U.S.
Experts’ opinion asks both China and the U.S. to maintain “positive trade relations” for avoiding troubles.
Published on January 25, 2017
By Debaleena Bhattacharjee
Economics
Samsung Announces Share Buyback and Q4 Operating Profit Rise by 50% on Year
Fallouts of investigations of its senior executives in an on-going corruption scandal and from a massive product recall of its Galaxy Note 7 handsets were cushioned as Samsung’s profits jumped
Published on January 24, 2017
By Debdutta Ghosh
Economics
Without an Act in Parliament, Government Cannot Trigger Article 50, U.K. Supreme Court Rules
The U.K. Supreme Court has ruled that the government needs to get permission from the parliament on whether the government can start the Brexit process. Although this is expected to
Published on January 24, 2017
By Debdutta Ghosh
Economics
China and India to trim demand for oil in 2017
Major oil-producing countries are expecting that price for petroleum will grow due to decrease in production, yet decline in dynamics of supplies to China and India can disrupt these plans.
Published on January 23, 2017
By Iris Barker
Economics
Bank of Cyprus demonstrates its confidence in London after Brexit
Four years ago, Bank of Cyprus was forced to convert deposits into shares for the sake of salvation. Last week, it placed shares on the London Stock Exchange. The bank’s…
Published on January 23, 2017
By Iris Barker
Economics
Abe, Trump Don’t Want to see Excessive Yen Weakness, Japan Inc Believes: Reuters Poll
A Reuters poll showed that any significant weakening of the yen is worrying the Japanese companies and they believe that it could spark an unwelcome political backlash but they they
Published on January 23, 2017
By Debdutta Ghosh
Economics
Drought in Brazil throws the coffee market into a panic
Coffee futures are rapidly becoming more expensive due to decline in production of the world's largest exporters and reducing stocks of grains. The best part of your morning may soon…
Published on January 20, 2017
By Iris Barker
Economics
Why does Italy criticize the EU
Italian Finance Minister Pier Carlo Padoan criticized the European Commission for creation of problems for all European countries. According to the official, Brussels "lacks vision", and is responsible for flourishing…
Published on January 19, 2017
By Iris Barker
Economics
Saudi Aramco: Don’t downplay importance of hydrocarbons
Amin Nasser, CEO of Saudi Aramco, said that the majority of forecasts are suggesting preservation of growth in demand for oil and gas for decades, while share of electric cars…
Published on January 18, 2017
By Iris Barker
Economics
As Demonetization Dents Economy, India Set for Slowest Growth Period
Societe Generale said that as the government’s demonetization drive triggers a shortage of cash, India seems set for four consecutive quarters of sub-7 percent growth for the first time since
Published on January 18, 2017
By Debdutta Ghosh