Search Results for: US economy
UAE set to be the first to offer green-energy sukuk
March 12th, 2015
The UAE is expected to issue the world’s first Sharia-compliant bond aimed at financing green energy projects this year, possibly as early as next month, according to industry experts. “We are going to get one, possibly two , ...
The Last, Great Run For The U.S. Dollar, The Death Of The Euro And 74 Trillion In Currency Derivatives At Risk
March 12th, 2015
Are we on the verge of an unprecedented global currency crisis? On Tuesday, the euro briefly fell below $1.07 for the first time in almost a dozen years. And the U.S. dollar continues to surge against almost every other ...
Monetary Policy Decision
March 12th, 2015
The Monetary Policy Committee of the Bank of Korea decided today to lower the Base Rate by 25 basis points, from 2.00% to 1.75%. Based on currently available information the Committee considers that, although the trend of a solid ...
China Prepares Mergers for Big State-Owned Enterprises
March 11th, 2015
Plan seeks to make firms more profitable but tightens government’s grip China’s leadership is preparing to radically consolidate the country’s bloated state-owned sector, telling thousands of enterprises they need to rely less on state life support and get ready ...
The ECB and its Watchers XVI Conference: M.Draghi
March 11th, 2015
Summary In January, the ECB decided to expand its asset purchase programme to include government bonds after it became clear that there was a need for more monetary stimulus. Asset purchases are unconventional, but not unorthodox, and they have ...
Monetary Policy Committee’s Decision on 11 March 2015
March 11th, 2015
Mr. Mathee Supapongse, Secretary of the Monetary Policy Committee (MPC), announced the outcome of the meeting on 11 March 2015 as follows. The committee voted 4 to 3 to reduce the policy rate by 0.25 percent from 2.00 to ...
France wins EU approval for two-year reprieve on deficit
March 11th, 2015
European finance ministers on Tuesday approved a controversial two-year extension for France to get its deficit within the bloc’s limits, despite accusations that bigger member states are treated more leniently than smaller ones. They formally accepted assessments by the ...
China Economic Data Weaker Than Expected
March 11th, 2015
Growth in China’s investment, retail sales and factory output all missed forecasts in January and February and fell to multi-year lows, leaving investors with little doubt that the economy is still losing steam and in need of further support ...
Fed Likely to Remove ‘Patient’ Barrier for Rate Increase as Soon as June
March 11th, 2015
Shift at March meeting would create policy flexibility; inflation outlook key on Fed-funds increase The Federal Reserve is strongly considering removing a barrier to raising short-term interest rates as early as June by dropping its promise to be “patient” before acting. ...
Juncker investment plan clears key EU hurdle
March 10th, 2015
European finance ministers on Tuesday approved the key components of Jean-Claude Juncker’s flagship investment plan, the EU’s effort to revive the continent’s flagging economy. Ministers from the bloc’s 28 member states approved the details of the scheme, as Italy ...
