Latest in Tag: global economy Highlight

Latest in Tag: global economy


Implementing women’s economic empowerment for shaping global economy

A study about implementing women’s economic empowerment for shaping the global economy was conducted by Citibank, the Organisation for Economic Co-operation and Development (OECD), and the European Commission. The study aims to dig deeper in strengthening the role of women, not only in terms of the labour force, but also in terms of reaching higher …

Nevine Kamel

World Bank sees global economy on the up

Despite growing tendencies towards protectionism and some political uncertainty, the World Bank sees a positive outlook for the world economy in 2017 and beyond. But the UK’s election is its next challenge.The global economy is set to post solid growth this year, amid improving trade and better performance by large emerging markets, the World Bank …

Tamer Nigm

Britain’s leading banks pass stress test

Britain’s seven biggest lenders have passed central bank stress tests designed to see if they withstand deterioration in global economic conditions and avoid having to be bailed out by taxpayers again. Bank of England’s (BoE’s) Prudential Regulation Authority (PRA) said in its annual stress test report released Tuesday that Britain’s seven biggest banks had adequate …

Deutsche Welle

Global Economy threatened by COVID-19

OECD says growth outlook ‘deeply concerning’

Is the world headed for another recession? The OECD has raised the red flag on the global economy, saying international trade this year is expected to fall to levels not seen since the 2009 financial crisis. The Organisation for Economic Co-operation and Development (OECD) on Monday sounded the alarm on the global economy, saying a …

Deutsche Welle

Sieren’s China: No boom, no crisis

China missed its growth target of 7 percent in the last quarter. But the Chinese economic downturn is not doing any harm to the German economy, says DW’s Frank Sieren. It took us months to get used to the new times in China, but some still winced when Chinese economic data for the third quarter …

Deutsche Welle

No room for carbon trading in global climate treaty?

Carbon trading lobbyists say the mechanism is being given short shrift in the UNFCCC negotiations. But critics argue that carbon trading is a long way from providing a global solution to reducing emissions. The draft text of a global climate agreement to be finalized in Paris at the COP21 summit does little to promote carbon …

Deutsche Welle

US Fed rate decision keeps markets volatile

Asian shares have rallied on relief that the US Fed held off on raising interest rates. But renewed concerns about the health of the global economy have caused equities’ trading to remain choppy across the world. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.9 percent to a four-week high on Friday, with financials …

Deutsche Welle

Weakening outlook for global economy amid fears over China: Merrill Lynch Survey

Merill Lynch, the Bank of America’s (BofA) wealth management division, released on Tuesday the results of its Fund Manager Survey for August. It showed a weakening outlook for the global economy amid fears over China, recording low sentiment towards emerging markets and the energy sector. While the concern over a Chinese recession continues, global investors …

Rana Yehia

Major economies end first quarter on weaker note

Reuters – Major economies in Asia and Europe finished the first quarter on a weaker note, with key manufacturing surveys fuelling expectations policymakers may be forced to act in coming months to prop up faltering growth. Factories across Europe eased back on the throttle in March while China’s vast manufacturing industry contracted for the third …

Daily News Egypt

IMF warns of rising risks to global economy

Washington (AFP) — The International Monetary Fund stepped up its warnings Monday on risks to the global economy, mainly from the crisis-mired eurozone, as it trimmed its growth forecast for the rest of the year. IMF economists said that the frail situations in Spain and Italy especially could quickly turn worse amid market doubts over …

Daily News Egypt