International Finance

Category : Economy

Economy

China: Going with the wind

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

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

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

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

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’

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...
Economy

Ruta Viva cuts travel time to Quito airport by half

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...
Economy

Review of 2015, outlook for 2016 – more of the same – See more at: http://www.internationalfinancemagazine.com/article/Review-of-2015-outlook-for-2016-more-of-the-same.html#sthash.gjM0tpBX.dpuf

2016 is likely to see uneven global growth, low inflation & easy monetary conditions December 14, 2015 2015 has been a messy year for investors as worries about China, emerging countries and the Fed caused volatility and uneven returns across asset classes. Australian shares continued to underperform. 2016 is likely to see continued okay but...
Economy

China slowdown is bad news for Asian countries

However, India bucks the trend, grows at a steady pace Suparna Goswami Bhattacharya December 9, 2015: Countries in Asia are facing a tough time as economy in China shows no signs of improvement. Though the slowdown is bound to impact the world as China has been one of the main engines of economic growth, the...
Economy

Global business community comes to Paris for climate talks

Come up with solutions for taking on the climate challenge across the board December 8, 2015: Nearly 400 business leaders gather at the Lima-Paris Action Agenda Focus on Business in Paris on Tuesday, calling for a strong Paris climate change agreement to help them implement the unprecedented set of cross-cutting corporate actions on climate which...