Growth News
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By AFP
Washington -
Global trade tensions, continued uncertainty and rising prospects for a no-deal Brexit are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary Fund warned on Tuesday.
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By AFP
Bejing -
China's growth slowed to its weakest pace in almost three decades in the second quarter, with the US-China trade war and weakening global demand weighing on the world's number-two economy, official data showed Monday.
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By AFP
Mexico -
Mexico's economy contracted by 0.2 percent in the first quarter of the year, revised government data confirmed Friday, a rough start for new President Andres Manuel Lopez Obrador.
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By AFP
Mexico -
Mexico's economy contracted by 0.2 percent in the first quarter of the year, revised government data confirmed Friday, a rough start for new President Andres Manuel Lopez Obrador.
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By AFP
Mexico -
Mexico, Latin America's second-largest economy, registered a surprise 0.2-percent drop in GDP in the first quarter, according to official statistics released Tuesday -- worrying news for President Andres Manuel Lopez Obrador.
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By AFP
Washington -
The International Monetary Fund on Tuesday cut its US growth forecast significantly for 2019 but said the United States is still likely to outpace other advanced nations as the world economy slows.
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By AFP
Rome -
Italy's Prime Minister Giuseppe Conte said Wednesday that the economy probably contracted in the fourth quarter, which if true would plunge the country into a recession.
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By AFP
Shanghai -
China's GDP growth may be significantly slower than official estimates suggest and its economy more vulnerable to external shocks than widely believed, a global business think tank has warned.
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By AFP
Frankfurt Am Main -
Official data suggested Tuesday that Germany avoided a recession at the end of 2018 but confirmed a sharp slowdown in growth last year as Europe's largest economy cooled off from boom times.Economic growth sank to 1.5 percent in 2018 from 2.
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By AFP
Washington -
Trade conflict between the world's two largest economic powers already is inflicting collateral damage and threatens to do yet more harm to the global economy, the World Bank warned Tuesday.
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By AFP
Paris -
Worldwide Caesarean section use has nearly doubled in two decades and has reached "epidemic" proportions in some countries, doctors warned Friday, highlighting a huge gap in childbirth care between rich and poor mothers.
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By AFP
London -
Britain's Brexit-facing economy ground to a shuddering halt in August, hit by weaker hotel and restaurant activity, official data showed Wednesday.
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By AFP
Bali -
Rising protectionism, vulnerable emerging markets and record debt levels: The IMF holds its annual meeting this week in earthquake-stricken Indonesia, as it shines a light on tremors in the global economy.
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Research shows that information technology jobs - computer software, big data, and cybersecurity - have outpaced most other jobs, across all sectors, in productivity and growth since 2004.
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By AFP
Mexico -
Latin America's economic growth is set to come in lower than expected this year, as US protectionism and widespread wariness of emerging markets put a drag on the region, a UN panel said Thursday.
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By AFP
Mexico -
Latin America's economic growth is set to come in lower than expected this year, as US protectionism and widespread wariness of emerging markets put a drag on the region, a UN panel said Thursday.
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By AFP
Chinese growth slowed only slightly in the second quarter as the impact of the deepening trade conflict with the United States was yet to kick in, according to analysts surveyed by AFP.
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Scale up community OneEleven is expanding. The expansion will make the Toronto location of the global scaleup hub one of the largest in the world.
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By AFP
Ankara -
Turkey's economy grew 7.4 percent in the first quarter, official statistics showed on Monday, in a reading hailed by President Recep Tayyip Erdogan two weeks ahead of elections but met with caution by economists.
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By AFP
Mexico -
Mexico's economy grew 1.1 percent in the first quarter of 2018, according to figures released Monday, two months from a presidential election in which tepid economic performance is a central issue.
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By AFP
London -
Britain's economy suffered a sharp slowdown in the first quarter with the weakest growth rate since 2012, official data showed Friday in a gloomy sign one year before Brexit. Gross domestic product expanded 0.
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By AFP
Paris -
France's economic growth decelerated sharply in the first quarter according to government estimates published Friday, but economists believe the blip is temporary as President Emmanuel Macron pushes a business-friendly agenda.
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By AFP
Washington -
The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said Tuesday.
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By AFP
Bejing -
The IMF said Tuesday it remains upbeat about the economic prospects of emerging Asia, labelling the region "the most important engine of global growth" despite concerns over trade disputes and mounting debt.
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By AFP
Paris -
France reported a smaller-than-expected budget deficit for 2017 on Monday, respecting EU rules on overspending for the first time in a decade in further positive economic news for President Emmanuel Macron.
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By AFP
London -
Britain's economy will face sluggish growth in the coming years on the back of Brexit fallout, finance minister Philip Hammond revealed Tuesday in a key budget update.Gross domestic product (GDP) is projected to grow 1.
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By AFP
Sanktpeterburg -
Outside a metro station in Saint-Petersburg, 70-year-old Irina Semyonova is selling homemade tomato-and-aubergine preserves as a way to supplement her pension which she says is just not enough to live on.
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By AFP
Bras -
Brazil's economy grew by a percentage point in 2017 after two years of contraction, government figures showed Thursday, confirming the South American giant's recovery from one of the worst recessions in its history.
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By AFP
Paris -
The good news keeps coming for the French economy: data published Thursday showed unemployment at its lowest level since 2009 while the head of the IMF praised recent reforms by President Emmanuel Macron.
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By AFP
Nicosia -
Bailed-out eurozone member Cyprus recorded its best growth in a decade last year, official data showed Wednesday, on the back of record tourist arrivals and a resurgence in construction.
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Growth Image
In 2009, the Slovenian economy fell into recession and never quite recovered. Trading Economics
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