Saudi Arabia's real GDP growth is expected to accelerate to 5.1 per cent this year in line with increase in crude oil output, while private investment in the non-oil sectors is expected to gather pace, according to the National...
June trade figures released overnight confirmed that Japanese export engine has been turned off as export growth has slowed sharply in Q2 08. Net foreign trade has been a substantial drag on growth in Q2 and we now feel...
The currency regime China adopted three years ago this week is faltering. Although China's currency has appreciated about 20 percent against the dollar, on a real trade-weighted basis the appreciation has been only 15 percent....
Madrid - The Spanish government Friday issued an economic growth forecast of 1.6 per cent for this year and only 1 per cent for 2009, down from 3.8 per cent in 2007. Unemployment will be 10.4 per cent this year and 12.5 per...
Washington—A new study from the Peterson Institute for International Economics concludes that the dollar is still significantly overvalued against a number of Asian currencies, most prominently the Chinese renminbi and the...
clipped by: muckdogclipper's remarks: We haven't had even one quarter of negative GDP, and estimates for the next GDP release are coming in above 2%. Clip Source: www.ibdeditorials.comBut the prevailing gloomy consumer...
By Krishna Guha in Washington An Obama administration would aim to deliver a budget deficit of less than 2.5 per cent of gross domestic product by the end of its first term, Austan Goolsbee, a senior economic adviser, said on...
Financial Times By Tony Barber in Brussels The European Commission criticised Bulgaria and Romania yesterday for insufficient efforts to root out corruption but defended their inclusion in the European Union before they had...
SINGAPORE, July 24 24 (Reuters) - But it said inflation would moderate in the second half and that the monetary policy stance announced in April remained the right one. 'While the moderation in GDP growth may be expected to...
EuroCOIN is a new coincident indicator of the euro area business cycle. EuroCOIN uses an innovative econometric methodology to distill information from the real economy, the financial sector and surveys of business and consumer...