World Economy

  •  Morocco’s government is considering allowing foreign companies to list on the Casablanca stock exchange and creating a second market dedicated to small and medium-sized businesses, Arab News…

    World-Economy
  • Britain will support the renminbi, the Chinese currency, to become part of the International Monetary Fund’s Special Drawing Right basket currencies, said Lord Mayor of the City of London Alan…

    World-Economy
  • Australia and New Zealand Banking Group Ltd. has lowered its forecasts of Taiwan’s gross domestic product growth for 2015 and 2016 by taking a weaker-than-expected export performance into account…

    World-Economy
  • The French government is ending export subsidies for building coal plants abroad, as the country tries to clean up its environmental reputation before hosting landmark UN climate talks, AFP…

    World-Economy
  • The high level of debt carried by Fonterra and dairy farms is a major concern for the New Zealand economy, said speakers at the annual New Zealand Shareholders Association conference.

    World-Economy
  • Over the past month, the world has been gripped by a proliferation of crises—economic, geopolitical, social—erupting on a daily basis, interacting with each other, and raising the specter of a…

    World-Economy
  • Twelve major banks have reached a $1.86 billion settlement to resolve investor claims that they conspired to fix prices and limit competition in the market for credit default swaps, a lawyer for…

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  • Italy is on the mend and will have €17 billion extra to spend next year after winning its battle for greater flexibility on EU deficit rules, Prime Minister Matteo Renzi said on Saturday.

    World-Economy
  • China's embattled prime minister on Thursday sought to soothe febrile financial markets, which have been beset by near panic over the prospects for the world's second largest economy.

    World-Economy
  • Canada is in (technical) recession again, and not just because of the crash in oil prices. In fact, part of Canada’s broader, slow-growth problem comes from weakness in the manufacturing sector.…

    World-Economy
  • The Russian ruble traded weaker early on Friday, tracking oil prices lower, as the market awaited a central bank monetary policy meeting later in the day at which the bank is expected to…

    World-Economy
  • Total foreign investments into the real sector of the Armenian economy (net flows resulting from the difference between the net inflows and outflows of foreign investment) in the first six months…

    World-Economy
  • Portuguese exports increased 6% and imports by 3.8% in the three months to the end of July 2015 compared with the same period last year, the Portuguese National Statistics Institute (INE) revealed…

    World-Economy
  • Goldman Sachs is warning that Australia faces a one-in-three chance of a recession in the coming financial year, as a slump in business investment combines with stagnant wages and falling…

    World-Economy
  • Disgruntled European farmers have lately been protesting the sinking value of their goods. Hit by a confluence of several factors, agricultural commodity prices are continuing their downward slide…

    World-Economy
  • Almost one third (32%) of UK adults have suffered a serious financial setback in the past five years, but only a small minority were protected with the right insurance.

    World-Economy
  • A building materials factory in the Russian region of Tula has paid its employees in bricks after it fell behind on salary payments, according to local media, RT reported. The factory owed the…

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  • The news that high profile judges were filmed while taking bribes has sent shock waves through Ghana, DW reported. The revelations came after two years of undercover work by the country’s foremost…

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  • France’s current account swung to a deficit of €400 million ($451.9 million) in July from a €800 million surplus in the previous month, the Bank of France said Friday, Nasdaq reported. The bank…

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  • Monetary policy alone cannot solve the world’s economic problems, German Finance Minister Wolfgang Schaeuble said on Friday, warning that too much liquidity can lead to price bubbles.

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  • Investors pulled another $19 billion from equity funds over the past week as they sought safety in government bond funds, which have enjoyed the longest run of inflows in four years, Bank of…

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  • European markets were in negative territory on Friday, as investors shunned risky assets ahead of the Federal Reserve’s meeting next week. Further, apprehensions remained, as China is due to…

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  • US rating agency Standard & Poor’s downgraded Brazil’s credit rating to junk status, pointing to political turmoil in the country and the government’s failure to pull the economy out of…

    World-Economy
  • The International Monetary Fund on Wednesday lowered Zimbabwe’s growth forecast for this year to 1.5% from 2.8%, blaming lower commodity exports, Reuters reported. “We expect a slowdown in…

    World-Economy
  • Czech job vacancies soared above 100,000 in August for the first time since 2008, as many companies struggle to find enough qualified staff in a bustling economy with one of the lowest…

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