Search Results for: economy
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 ...
Internal and External Risks to the Cyprus Economy
February 20th, 2015
Despite the tragic events of March 2013, Cyprus economy has showed resilience and the country was able to return back to stability and regain some of the lost confidence from international markets and investors rather quickly, which is necessary ...
Singapore Turns to Service as Global Economy Weakens
February 17th, 2015
Singapore is counting on its position as an Asian financial hub to bolster services exports as overseas demand for its goods falters amid an uneven global recovery. The growing importance of services has prompted the government to release quarterly ...
Italy’s Economy Fails to Rebound
February 13th, 2015
Italy’s economy stagnated in the three months through December, failing to rebound from its longest recession on record. Gross domestic product was unchanged from the previous quarter when it dropped 0.1 percent, national statistics institute Istat said in a ...
Greek Exit Would Be Difficult for World Economy: Osborne
February 10th, 2015
Today February 10, U.K. Chancellor of the Exchequer George Osborne discussed the risks of a “Grexit” and how he’s planning ahead to deal with any outcome. He speaks to Bloomberg’s Svenja O’Donnell at the G-20 Summit in Istanbul. Watch the ...
Davos: Bosses ‘less optimistic’ about global economy
January 21st, 2015
Chief executives are less optimistic about the economy this year than last, a survey unveiled at the World Economic Forum suggests. PwC‘s annual survey shows that just 37% think the economy will improve in 2015, down from 44% last ...
New Deloitte Report Looks at Facebook’s Impact on Global Economy, Jobs
January 20th, 2015
In a more open and connected world, it’s not just easier for friends and family to stay in touch. New economic opportunities are being created too. A new report by Deloitte, titled Facebook’s Global Economic Impact, analyzes how Facebook’s marketing, platform, ...
Investors fear global economy slowdown
January 16th, 2015
US stocks were traded lower on Thursday for the fifth consecutive time. Investors are concerned over global economy slowdown, which indicates a plunge in world crude oil prices, and fear that the results of American earnings reports wouldn’t meet ...
How to deal with Europe’s ailing economy?
December 15th, 2014
There has been a lot of discussion lately in Europe and especially at the European Central Bank (ECB) headquarters for the need (or not) of non-conventional monetary tools to revive Europe’s ailing economy, such as Quantitative Easing (QE). On ...