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WTO rules against Argentina’s protectionism

International Finance DeskAugust 25, 2014

by International Finance DeskAugust 25, 2014

Says South American country’s import restrictions breach global trade rules Kamilia Lahrichi August 25, 2014: International pressure on Argentina is increasing as the World Trade Organization (WTO) ruled on August 22 that the South American country’s import restrictions breach global trade rules. The 170-page ruling sided with the European Union, the United States and Japan...

India’s industrial output in May highest since 2012-end

International Finance DeskJuly 18, 2014

by International Finance DeskJuly 18, 2014

Independent survey of manufacturing sector indicates that uptrend continued in June with factory output expanding for the eighth successive month, reports Team IFM New Delhi, July 18: India’s industrial output grew to a 19-month high in May, topping analysts’ predictions and goading corporate India to talk of a recovery “on the anvil”, while an independent...

French trade deficit widens in May, growth crawls

International Finance DeskJuly 14, 2014

by International Finance DeskJuly 14, 2014

Central bank keeps sentiment indicator for manufacturing sector unchanged below long-term average, reports Team IFM Paris, July 14, 2014: The slowdown continues to chase France, with official data showing its trade deficit widening in May compared to the preceding month as imports rebounded, confirming findings of an independent survey that said the world’s fifth largest...