Search Results for: US economy
China central bank sees economic growth slowing to 6.8 percent in 2016
December 16th, 2015
China’s annual economic growth is likely to slow to 6.8 percent next year from an expected 6.9 percent this year, the People’s Bank of China said in a working paper published on Wednesday. The world’s second-largest economy still faces ...
PwC to hire 500 new staff in 2016 as it prepares for growth
December 16th, 2015
The Irish arm of international professional services firm PwC has announced plans to hire 500 new staff in 2016 The PwC number is made up of 300 graduate positions and 200 posts for more senior staff who have full ...
Here’s how the Fed actually raises interest rates
December 16th, 2015
For the Fed, voting to hike interest rates is the easy part. The tough work begins as U.S. central bank officials implement the right maneuvers to ensure rates go where they want. Essentially, the heavy lifting gets assigned to ...
Shares climb, dollar dips as Fed prepares to lift rates
December 16th, 2015
Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in U.S. interest rates in almost a decade. After more than a year of posturing and ...
UK inflation rate rises to 0.1% in November
December 15th, 2015
The UK’s inflation rate as measured by the Consumer Prices Index rose to 0.1% in November for the first time in four months, official figures show. The rate as measured by the Consumer Prices Index rose to 0.1%, the Office ...
UAE, China set up $10 bln joint strategic investment fund
December 15th, 2015
The United Arab Emirates and China have established a joint strategic investment fund worth $10 billion, the UAE’s state news agency reported, as China pursues its ambition to rebuild Silk Road trade routes. The agreement was clinched during a ...
EU: Maximising the contribution of the European Structural and Investment Funds to the Commission’s priorities
December 15th, 2015
The Commission adopted a Communication on the contribution of the European Structural and Investment Funds (ESI Funds) to the EU’s growth strategy, the Investment Plan and the Commission’s priorities over the next decade. The Commission adopted a Communication on the contribution ...
Poland Urges Cryptocurrency Regulation
December 15th, 2015
Poland is seeking out a regulated cryptocurrency to become a contender in European economics. Poland, a member of the European community, is pressing for regulation from the European Union because of the impact that it envisions. Wojociech Trusz, from ...
Yogi Berra: “When you come to a fork in the road – take it!”
December 14th, 2015
If you are not familiar with the legendary quotes of Yogi Berra, you must be seriously wondering what this headline means. A uniquely successful baseball catcher with the New York Yankees for almost two decades, elected to the Baseball ...
Greece: Market concerned about gov’t stability
December 14th, 2015
The government and the country’s international creditors have reached an agreement on the second list of 13 milestones that will lead to the disbursement of the sub-tranche of 1 billion euros by the end of the year. In addition, ...