Search Results for: economy
US economy adds 151,000 jobs in January
February 8th, 2016
The US economy added 151,000 jobs in January, helping to push the country’s unemployment rate down to 4.9%. The number was lower than expected and is a sharp slowdown from December, when 292,000 jobs were added. Job losses in ...
Bank of England: Oil price fall ‘good for UK economy’
February 5th, 2016
The fall in oil prices has been a “net good” for the economy, Bank of England deputy governor Ben Broadbent has said. He told BBC Radio 5live’s Wake Up To Money that falling oil prices had helped to push ...
European Economy forecast, challenges and risks
February 4th, 2016
The European Commission has issued a press release to inform regarding Winter 2016 Economic Forecast; Weathering new challenges The European economy is now entering its fourth year of recovery and growth continues at a moderate rate, driven mainly by consumption. ...
Russia holds key rate at 11% as economy lags
February 1st, 2016
Russia kept its interest rate steady on Friday but announced it wouldn’t rule out tightening monetary policy if inflation risks rise, after a month in which the ruble dropped to record lows as oil prices deteriorated. January marked a ...
China shares lower, but ‘real economy’ sound says state media
January 28th, 2016
China’s volatile shares were lower again on Thursday, taking losses this month to about 23 percent or 12 trillion yuan ($1.8 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai ...
Russian economy hit by oil price slide
January 25th, 2016
Russia’s economy contracted by 3.7% in 2015, according to preliminary figures published by the country’s statistics service. Retail sales plunged by 10% and capital investment fell by 8.4% in the economy’s worst performance since 2009. In contrast, Russian GDP ...
Could Greece Positively Surprise World Economy in 2016?
January 21st, 2016
Premier sees investors returning to Greece in recent weeks Asset-sales fund announces Piraeus Port stake sale to Cosco Prime Minister Alexis Tsipras said investor trust in the Greek economy is returning as the country’s asset-sales fund announced the privatization ...
Could China’s Housing Bubble Bring Down the Global Economy?
January 21st, 2016
Who’s going to buy the tens of millions of empty flats held as investments? I’ve been writing a lot about China recently because it’s becoming increasingly clear that China’s economy is slowing and the authority’s “fixes” are not turning ...
The Challenges for the Cypriot Economy for 2016
January 11th, 2016
Assessing the current state of the Cypriot economy one could say that the year 2015 was undoubtedly another difficult year with several problems still remaining unresolved. One could also though add a positive note, that it was the year ...
The World Economy’s Winners and Losers in 2015
December 31st, 2015
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 ...
