International Finance

Tag : budget

Economy

Kenya’s betting big on infrastructure

Earlier this year, various organisations placed the East African nation among the fastest growing economies in the world Amoxers Wachira and Veronicah Riba July 10, 2015: Africa has been described as the Dark Continent for many years. However, with economies of a couple of African countries recording growth in recent years, the narrative is quickly...
Economy

Uncertainty of election makes pound jittery

On April 10, the pound fell to a five-year low against the dollar Tim Evershed April 17, 2015: Uncertainty surrounding the result of next month’s UK general election is sending the sterling on a rollercoaster against the dollar. On April 10, the pound fell to a five-year low against the dollar as election jitters combined...
Economy

Australian business confidence on upward curve

Budget blues dissipating and mood in industry improving as conditions become better, reports Team IFM Sydney, July 10: Business confidence in Australia has shown no ill effects in June from the government’s “tough budget”, according to the report of a survey released by the National Bank of Australia (NAB) on Tuesday. The much-followed NAB report...
Economy

FIFA World Cup fails to lift Brazil, shows apex bank data

Monthly budget deficit in May almost touches all-time high while HSBC survey signals further deterioration in factory sector, reports Team IFM Sao Paolo, July 9: Brazil’s dalliance with  fiscal instability continued in May, data released by the country’s central bank on July 1 shows, sinking hopes that the ongoing FIFA World Cup would lift it...