Thursday, Sep 16, 2021
International Finance

Tag : president

Banking

Brazilian central bank resorts to reserve requirement cuts

Measure suggests a compromise between hawks at the COPOM and the Rousseff administration July 28, 2014: Citing the slowdown in bank lending, the Brazilian central bank (BACEN) on July 25 announced a reduction in the amount of reserve requirements, totaling about BRL30bn (or 7.5% of the total outstanding amount). Reserve requirements have been utilized by...
Economy

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

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...
Economy

French trade deficit widens in May, growth crawls

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...
Economy

Germany’s industrial production plummets in May

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...
Finance Wealth Management

A post-2015 agenda for Asia

Asia has been enormously successful in achieving fast economic growth. But continued progress calls for an integrated stance against rising natural and social vulnerabilities. Author :Thomas, Vinod The writer is Director-General of Independent Evaluation at the Asian Development Bank, and former director-general and senior vice president of the World Bank’s Independent Evaluation Group and chief...