EconomyFeaturedArgentina 2020 budget deficit reaches 6.5% of GDPInternational Finance Business DeskJanuary 21, 2021 by International Finance Business DeskJanuary 21, 2021 The economy saw a revenue drop of 0.7 percent of its GDP, which led to the deficit... Read more
EconomyFeaturedUAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 Rebound in tourism and oil prices are likely to lead the recovery... Read more
EconomyFeaturedSouth African Reserve Bank to maintain repo rate through 2021Pritam BordoloiJanuary 15, 2021 by Pritam BordoloiJanuary 15, 2021 The Reserve Bank governor Lesetja Kganyago will hold rates steady in January... Read more
EconomyFeaturedCovid-19 vaccine to support Indonesia’s economic recovery: PresidentPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 Indonesia’s Minister of Health said nearly 1.5 mn medical workers would be inoculated by February... Read more
EconomyFeaturedGermany to sell record amount of federal debt in 2021International Finance Business DeskJanuary 8, 2021 by International Finance Business DeskJanuary 8, 2021 The Federal Finance Agency is also planning to sell a maiden 30-year green bond in May and a maiden 30-year conventional bond in September... Read more
EconomyFeaturedBrexit to cost UK billions of dollar: BOE governorPritam BordoloiJanuary 8, 2021 by Pritam BordoloiJanuary 8, 2021 Bank of England Governor Andrew Bailey said that Brexit could cost the UK economy the equivalent of $109 bn... Read more
EconomyFeaturedGlobal economy to expand by 4% in 2021: World BankPritam BordoloiJanuary 6, 2021 by Pritam BordoloiJanuary 6, 2021 It also warned that rising Covid-19 cases and delays in vaccine distribution could limit the recovery to just 1.6%... Read more
EconomyFeaturedUK sees quick economic recovery; new strain affects growthWebAdminDecember 24, 2020 by WebAdminDecember 24, 2020 New lockdown measures on the back of discovering a new strain is threatening to cause another recession... Read more
EconomyFeaturedUAE’s GDP is estimated to shrink by 6% in 2020Pritam BordoloiDecember 23, 2020 by Pritam BordoloiDecember 23, 2020 However, the economy is expected to grow 2.5 percent in 2021... Read more
EconomyFeatureMagazineWill Kuwait push through the debt law?WebAdminDecember 15, 2020December 23, 2020 by WebAdminDecember 15, 2020December 23, 2020 If the Arab state overcomes the legislative gridlock—there still might be hope to access foreign debt markets and preserve its sovereign wealth assets... Read more