World Economy

While momentum is now building with green shoots sprouting in sectors ranging from manufacturing to retail, the key staple of investment is still missing in Greece.

Jordan’s real gross domestic product is expected to grow by 2.3% in 2017, a tepid increase of 0.3 percentage points over the 2016 rate, according to the World Bank Economic Outlook for the…

Switzerland’s gold refineries may want to consider starting a recycling program. Scientists at the Swiss Federal Institute of Aquatic Science and Technology estimate that about 43 kilograms of…

Europe’s economic recovery remains on track with the upswing continuing to broaden across countries and sectors. European equity markets have returned over 20% this year in US dollar terms but…

Bank of Canada senior deputy governor Carolyn Wilkins spoke at an International Monetary Fund panel in Washington. In her speech, Wilkins warned about high household debt, especially among…

Russia and Venezuela will finalize a debt restructuring deal for Caracas by Nov. 15, the TASS news agency cited Venezuela’s ambassador to Russia as saying on Sunday, Reuters reported. “We are…

Ten years after Ireland’s property bubble burst, the economy is recovering from the ravages of a deep recession but a housing crisis remains, due to a supply shortage and spiraling prices, AFP…

The World Bank Group is aiming to develop new measures to enhance its financial capacity and have its board decide on them at its next spring meetings in April 2018, a spokesman for the…

Asia, the fastest-growing region in the world, has become much more resilient to weather financial storms with lessons learned from the Asian financial crisis 20 years ago, said a senior…

At a sleek new office in the heart of Bucharest, Fitbit co-founder and chief executive James Park explains why the smart-wear giant is rapidly expanding its operations in Romania–and following…

The global economy appears to be in a sweet spot given the upturn in worldwide growth and low inflation in advanced economies, economist Nouriel Roubini said Saturday, despite risks from factors…

South Korea is lagging behind other advanced countries in attracting foreign investment as it continues to fail to create a business-friendly environment for multinational companies, according…

Most economists oppose Prime Minister Shinzo Abe’s plan to redirect some revenue from a planned sales-tax increase to child care and education because it would add to Japan’s massive debt burden…

China remains confident in its ability to fend off systemic risks in the economy and keep its fundamentals healthy and stable, the official Xinhua News Agency reported on Sunday, citing a…

The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates and higher government spending from countries that can afford it, the…

Catalonia faces increasing economic damage the longer the crisis with Madrid rolls on, analysts told Anadolu Agency.

The northeastern economic powerhouse, which contributes around a…

India’s external trade turned positive, perhaps for the first time, with growth in exports surpassing that of imports for the first time, in September 2017, bringing festive cheer for exporters…

Poland’s exports between January and August grew by 7.75 year-on-year, reaching PLN 562.5 billion ($156.04 billion), the country’s Central Statistical Office, or GUS, has said. Imports grew by 9…

The International Monetary Fund called for Algeria to diversify its income sources, fearing it would be affected by the decline in oil prices, Ennaharonline.com has reported. According to the…

Oman’s year-on-year inflation, based on the consumer price index for September 2017 touched 1.60%, driven by a rise in transport cost, furnishings, household equipment and routine household…

A Turkish parliamentary commission agreed to extend a planned 2 percentage point tax rise to all corporations instead of just financial institutions.

The liquidity of Saudi Arabian banks has improved since last year, but a slowdown in the kingdom’s economy would likely cause a rise in non-performing loans, Fitch Ratings said.

The outlook of economic growth in Qatar is slowing down, according to a recent report by the World Bank Group on the economic outlook in the Middle East and North Africa region.

The MENA…

Global finance officials defended their efforts to promote free trade and closer international links against a rising ride of populism around the world and criticism from a Trump administration…

As China heads into its party congress next week, concerns have been surfacing over the past few months about the state of the world’s second-largest economy, which has implications not just for…