Wednesday, September 2, 2026

International Finance

Category : Economy

Economy

Saudi looks to austerity measures to cut losses

International Finance Desk
by International Finance Desk
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...
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Economy

Seven reasons not to get too concerned in 2016

International Finance Desk
by International Finance Desk
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,...
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Economy

China: Going with the wind

International Finance Desk
by International Finance Desk
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...
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Economy

Private Sector – an integral part of climate action post Paris

International Finance Desk
by International Finance Desk
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...
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Economy

Saudi Arabia cuts diplomatic ties with Iran

International Finance Desk
by International Finance Desk
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...
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Economy

Pound outperforms eight out of ten currencies in 2015

International Finance Desk
by International Finance Desk
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...
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Economy

What to expect in 2017

International Finance Desk
by International Finance Desk
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...
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Economy

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

International Finance Desk
by International Finance Desk
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...
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Economy

Ruta Viva cuts travel time to Quito airport by half

International Finance Desk
by International Finance Desk
Construtora Norberto Odebrecht, which was in charge of the construction of both phases, has won IFM’s Best Infrastructure Development Project Ecuador 2015 December 15, 2015: Ruta Viva, the highway that connects Ecuador’s capital city to two adjacent valleys, grew out of the pressing need to improve traffic circulation in the Metropolitan District of Quito, which...
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