Economy Archives

The economic effects of extreme weather

International Finance DeskJanuary 27, 2016

by International Finance DeskJanuary 27, 2016

Can lead to cancellations of flights, long traffic delays January 27, 2016: The blizzard that passed through the East Coast this weekend was one of the largest recorded in history in terms of snow accumulation. MarketResearch.com is pleased to offer insights into how extreme weather can affect the overall economy. The following is a list...

Economy

Saudi looks to austerity measures to cut losses

International Finance DeskJanuary 25, 2016

by International Finance DeskJanuary 25, 2016

Government is seeking advice from experts on downsizing budget Suparna Goswami Bhattacharya January 25, 2016: Saudi Arabia has reveled in its oil-rich economy for years, but is finally feeling the pressure of falling oil prices. So much that the government is considering austerity measures. There are enough reasons to think about austerity, especially since the...

Economy

Seven reasons not to get too concerned in 2016

International Finance DeskJanuary 19, 2016

by International Finance DeskJanuary 19, 2016

The key for investors is to recognise that shares offer a higher return potential after sharp falls January 19, 2016 Financial markets have started the year on a rough note as last year’s worries about China and global growth in the face of US monetary tightening continue. This could drive more short term weakness. However,...

Economy

Low GDP figures new normal for China

International Finance DeskJanuary 15, 2016

by International Finance DeskJanuary 15, 2016

Economists expect the Asian economic giant to achieve economic stability in the long run Suparna Goswami Bhattacharya January 15, 2016: If the beginning of a year sets the foundation for the entire year, then 2016 will easily be a topsy turvy one especially as far as China and its effect on global markets in concerned....

Economy

China: Going with the wind

International Finance DeskJanuary 11, 2016

by International Finance DeskJanuary 11, 2016

There are economic factors behind Asian giant’s interest in wind energy Suparna Goswami Bhattacharya January 11, 2016: China has begun a new journey. The journey towards a greener future. And it is not surprising given the fact that the country emits 23.42% of global CO2 emissions as per a report by GermanWatch, a non-profit organisation...

Economy

Private Sector – an integral part of climate action post Paris

International Finance DeskJanuary 7, 2016

by International Finance DeskJanuary 7, 2016

The private sector was more broadly represented in Paris than at any previous COP January 7, 2016: December 2015 marked a historic climate agreement in Paris signed by 195 countries pledging to take actions to keep global warming to under 2 degrees Celsius — the threshold scientists predict will result in irreversible warming and planetary...

Economy

Saudi Arabia cuts diplomatic ties with Iran

International Finance DeskJanuary 5, 2016

by International Finance DeskJanuary 5, 2016

Says Iran has a history of violating diplomatic missions in its country January 5, 2016: Saudi Foreign Minister Adel bin Ahmed Al-Jubeir announced that Saudi Arabia is severing ties with Iran after the embassy attack in Tehran. During a press conference this evening in Riyadh, the foreign minister said that Iranian diplomats and staff have been given 48 hours to leave the Kingdom. Minister Al-Jubeir...

Economy

Pound outperforms eight out of ten currencies in 2015

International Finance DeskJanuary 4, 2016

by International Finance DeskJanuary 4, 2016

Big gains against Brazilian real, Turkish lira and South African Rand January 4, 2016: The Olympics may still be a few months away, but for savvy holidaymakers there’s never been a better time to visit Brazil than now. The ongoing recession in South America’s largest economy has seen the real fall in value against sterling...

Economy

What to expect in 2017

International Finance DeskJanuary 2, 2016

by International Finance DeskJanuary 2, 2016

OMFIF believes Trump’s ‘wayward behaviour and rhetoric’ will exacerbate the damage in geopolitics and economics IFM Correspondent January 2, 2017: The year 2016 was filled with action. The Official Monetary and Financial Institutions Forum (OMFIF), a research firm, expects 2017 to be along the same lines. Many lines of political and economic risk intersect the...

Economy

‘Fed rate decision based on upbeat view of economy, market readiness’

International Finance DeskDecember 21, 2015

by International Finance DeskDecember 21, 2015

Global uncertainty, low inflation not enough to delay liftoff decision, say BBVA Compass economists December 21, 2015: The US Federal Reserve’s decision to raise interest rates was based on an assessment by Fed policymakers that the US economy was headed in the right direction and ripe to handle the long road to monetary normalisation, BBVA...