Search Results for: US economy
Huge Trouble Is Percolating Just Under The Surface Of The Global Economy
April 16th, 2015
Did you know that the number of publicly traded companies declaring bankruptcy has reached a five year high? And did you know that Chinese exports are absolutely collapsing and that Chinese economic growth in 2014 was the weakest in ...
Saudi Arabia’s move for larger global oil market share to adversely affect Russian economy
April 9th, 2015
The feedstock production growth in Saudi Arabia will adversely affect the Russian economy, Kuwait-based oil expert Kamel al-Harami says Saudi Arabia is seeking after the larger OPEC’s share on the global oil market by boosting the oil output and ...
Australia’s economy grows 2.5% on year
March 4th, 2015
Australia’s economy grew in line with expectations in the fourth quarter Australia’s economy grew 2.5% in the fourth quarter of 2014 from a year earlier, marking its slowest pace of annual growth last year. The economy grew 0.5% in ...
Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides
December 1st, 2014
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
Russian Inflation to Exceed 9% by Year’s End, Economy Minister Says
November 18th, 2014
Russian inflation will exceed forecasts to reach 9 percent by the year’s end and rise further in early 2015 because of the ruble’s weakness, Economic Development Minister Alexei Ulyukayev said. The ruble has weakened some 30 percent versus the dollar this year, as Western sanctions over ...
Japan economy minister calls for fiscal stimulus
November 3rd, 2014
Japanese Economy Minister Akira Amari said on Monday that the government should deploy fresh fiscal stimulus to prop up the economy if third-quarter preliminary gross domestic data due on Nov. 17 turns out weak, public broadcaster NHK reported. Amari ...
Can rating agencies ruin Russian economy?
October 17th, 2014
Russian Economic Development Minister Alexei Ulyukayev said that international agencies may soon downgrade Russia, adding that it would be an unfounded move, because the country’s economic indicators remain at a high level. According to the minister, the decision will ...
Low oil prices influence Russia’s economy
October 8th, 2014
Falling oil prices are inflicting deeper economic pain on Russia’s economy, which is already reeling from EU and U.S. sanctions. Russia’s economy has become more dependent on oil to meet its budget commitments. Excluding oil revenue, Russia has run ...
Putin sees strong Russian Economy, but advisers disagree
October 3rd, 2014
Though the president depicted an open and stable economy, senior officials acknowledged slow growth and the flight of foreign investors. President Vladimir V. Putin did his best to paint a rosy picture of the Russian economy in a speech ...
US becoming largest oil producer in the global economy
September 30th, 2014
The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector. US production of oil and related liquids such as ethane ...
