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World Bank:Anemic recovery in emerging markets to weigh heavily on global growth in 2016

January 7th, 2016 (0)
Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 percent pace, from 2.4 percent growth in 2015, as advanced economies gain speed, according to ...

The World Economy’s Winners and Losers in 2015

December 31st, 2015 (0)
When the final numbers are tallied, 2015 will probably count as another disappointing year for global growth. The muted performance came even as central banks continued to pump in liquidity, oil prices plunged again and inflation was moderate. It was also a year ...

Southeast Asia Launches Huge Trade Bloc

December 30th, 2015 (0)
Ten countries formalize their integration efforts in a bid to rebalance regional power and riches Ten Southeast Asian nations start an ambitious, U.S.-backed experiment on Thursday: integrating their economies in a bid to bring more global sway and prosperity ...

Asian Shares Mostly Higher

December 30th, 2015 (0)
Energy shares rise after overnight recovery in oil prices, but Brent slips in early Asia trading Markets in Asia rose Wednesday as a recent recovery in oil prices in the U.S. lifted energy shares slightly. Australia’s S&P/ASX 200 was ...

Asian Shares Mixed, Falling in Japan But Rising in China

December 21st, 2015 (0)
Japan faced worries over the future of quantitative easing, while Property and Brokerage shares surged in China Shares in Japan fell Monday amid worries that the central bank will be reluctant to expand its easing program in the coming ...

Tour Operators: Which countries to substitute Turkey, Egypt for Russian tourists

December 10th, 2015 (0)
UAE, Thailand, India to substitute Turkey, Egypt for Russian tourists Tour operators have seen an increase in the demand for Middle East and Asia tours following ‘the loss’ of Egypt and Turkey destinations, the newspaper Kommersant wrote on Friday. ...

27 Major Global Stocks Markets That Have Already Crashed By Double Digit Percentages In 2015

December 7th, 2015 (0)
Anyone that tries to tell you that a global financial crisis is not happening is not being honest with you. Right now, there are 27 major global stock markets that have declined by double digit percentages from their peaks ...

Putin seeks alliance to rival TPP

December 7th, 2015 (0)
Russian President Vladimir Putin intends to form an economic bloc, as an alternative to the US-led Trans-Pacific Partnership (TPP). He has asked the government to start making contacts with Asian countries. “I suggest that we and other Eurasian Economic ...

Hackers threaten Greek banks, demand ransom in bitcoins

December 1st, 2015 (0)
Greek authorities have created a special team to protect Greek banks from a team of hackers who have allegedly threatened to bring down the lenders’ electronic systems if they do not pay a ransom. Kathimerini understands that the group, ...

Is This How the Next Global Financial Meltdown Will Unfold?

November 23rd, 2015 (0)
In effect, a currency crisis is simply the abrupt revaluation of the currency to reflect new realities. I have long maintained that the structural imbalances of debt and risk that triggered the Global Financial Meltdown of 2008-2009 have effectively ...
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