Sunday, May 3, 2026

International Finance

Category : Economy

Economy

IMF: Austerity measures not always good

International Finance Desk
by International Finance Desk
IFM Correspondent Says benefits in terms of increased growth difficult to establish June 20, 2016: The International Monetary Fund (IMF), in its latest report, has put out a strong message against austerity measures undertaken by governments. The report, a critic to neo-liberal doctrine, states that austerity measures do more harm than good in the long...
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Economy

Iran to buy around 100 aircraft from Boeing

International Finance Desk
by International Finance Desk
Suparna Goswami Bhattacharya However, the deal may take time to come through as there are objections from various quarters June 16, 2016: Iran has finalised a deal with Boeing to buy passenger planes from the US aircraft manufacturer as part of an ongoing effort to upgrade its civil aircraft fleet. Though the deal has not...
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Economy

World Bank cuts global growth outlook

International Finance Desk
by International Finance Desk
Move prompted by low commodity prices and sluggish growth in advanced economies IFM Correspondent June 9, 2016: The World Bank has downgraded its 2016 global growth forecast to 2.4 percent from 2.9 percent, which was projected in January. The move was prompted by sluggish growth in advanced economies, low commodity prices, weak global growth and...
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Economy

Indian aviation market to be third largest by 2020

International Finance Desk
by International Finance Desk
Suparna Goswami Bhattacharya Main drivers for now are low fuel price, expanding middle class and high GDP growth June 8, 2016: The Indian aviation market is flying high. It is set to become the third largest in the world by 2020. With 81 million trips, the domestic market grew at about 19% during the 12...
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Economy

50% of oil & gas companies in UK cut jobs

International Finance Desk
by International Finance Desk
One-third of companies plan further lay-offs this year, says a report IFM Correspondent June 7, 2016: About 50% of all oil and gas companies in the UK were forced to cut jobs in the past 12 months, says a recent report. The Bank of Scotland/Lloyds Banking Group surveyed 141 companies in the sector. The report...
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Economy

Ministry of Economy heads UAE team at Astana Economic Forum

International Finance Desk
by International Finance Desk
Representatives from private sector also participate June 6, 2016: A high-level delegation from the UAE, which was headed by the Ministry of Economy, has revealed their successful participation at the 9th Session of the annual Astana Economic Forum, a leading platform for international dialogue that enables constructive discussion of economic development issues concerning both Central...
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Economy

Saudi is having a bearish impact on oil prices

International Finance Desk
by International Finance Desk
Kinan Khadam-Al-Jame Is defending market share and simultaneously ushering changes at home to avoid political unrest May 27, 2016: Historically, kings of Saudi Arabia don’t accede the throne until late in life. However the current ruler, King Salman Al-Saud has upset the established formula of ‘rule by elder’ by giving unprecedented power to his son...
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Economy

Oil at $50 is not a cause for concern

International Finance Desk
by International Finance Desk
Experts say the quantum of price increase is not difficult to absorb IFM Correspondent May 27, 2016: After hovering around $30 per barrel for close to five months, oil price is finally heading northwards. The price touched $50 a barrel — around 70 per cent up on its February low. It is a rapid climb,...
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Economy

Who will win over the Iranians?

International Finance Desk
by International Finance Desk
The battle for investment opportunities has just begun as the Middle East superpower opens itself to the world Suparna Goswami Bhattacharya May 25, 2016: From the time sanctions have been lifted on Iran, it has become a hot destination for investments globally. And there are ample reasons for this interest. First, one must understand the...
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