Tag : economy

Germany’s industrial production plummets in May

International Finance DeskJuly 10, 2014

by International Finance DeskJuly 10, 2014

Latest official data reflect grim tidings of independent reports that said business conditions were less rosy than painted, reports Team IFM Wiesbaden, July 10, 2014: Germany, the Euro zone’s largest economy, saw its industrial production go down at its quickest clip in two years in May, challenging government claims that the economy was fast on...

Economy

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

International Finance DeskJuly 9, 2014

by International Finance DeskJuly 9, 2014

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...