Email
Password
Remember meForgot password?
    Log in with Twitter

indicator News

First slowdown since 2015 brings angst for German economy

Berlin - Germany's years-long run of steady growth came to a screeching halt in the third quarter, official data showed Wednesday, with a widely-expected bottleneck in the vital car industry matched by broader structural concerns.

US-China trade war sparks IMF global growth cut warning

Bali - The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that "everyone is going to suffer" from a clash between the world's two biggest economies.

IMF cuts global growth forecast to 3.7% for 2018, 2019 as risks rise

Washington - An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund to cut its forecast for world growth for this year and next.

US trade deficit surges in July on record imports

Washington - The US trade deficit surged in July on record imports that created burgeoning gaps with trading partners in the crosshairs of President Donald Trump's aggressive policies, according to government data released Wednesday.

US trade deficit expands in June amid growing tensions

Washington - The US trade deficit swelled in June by the largest amount in 19 months, reversing much of May's trade-war driven export bonanza, even as brinkmanship between Beijing and Washington worsened.

Turkey's economy delivers pre-poll growth boost for Erdogan

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.

Britain in severe slowdown one year before Brexit

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.

'Protectionist' Trump tariffs 'offend' Germany

Frankfurt Am Main - US President Donald Trump is "offending" allies and risking a global trade war with his controversial tariffs on steel and aluminium, Germany's economy minister said Friday.

US trade deficit hits nine-year high on falling exports

Washington - The US trade deficit swelled in January to its largest level in nearly a decade as oil prices rose and the world's biggest economy sold fewer aircraft, government data showed Wednesday.

US trade deficit hits nine-year high on falling exports

Washington - The US trade deficit swelled in January to its largest level in nearly a decade as the world's biggest economy exported less fuel and sold fewer aircraft, government data showed Wednesday.

German trade surplus shrinks for first time in 8 years

Frankfurt Am Main - Germany's trade surplus shrank for the first time since 2009 last year as imports outpaced exports in Europe's booming top economy, giving Berlin ammunition to ease criticism of its huge trade gap with other countries.

Brazil registers lowest current account deficit in 10 years

Bras - Brazil registered a current account deficit of $9.8 billion in 2017, its lowest in a decade and down from $23.5 billion the year before, the country's central bank said Friday.The 2017 figure is equivalent to 0.

Brazil registers lowest budget deficit in 10 years

Bras - Brazil registered a budget deficit of $9.8 billion in 2017, its lowest in a decade and down from $23.5 billion the year before, the Brazilian Central Bank said on Friday.The 2017 figure is equivalent to 0.

British economy shrugs off Brexit doubts, for now

London - Britain's economy gently picked up speed in the third quarter, official data showed on Wednesday, strengthening expectations of an interest rate hike next month, despite uncertainty over Brexit. Gross domestic product grew by 0.

S.Africa in recession as economy shrinks 0.7% in Q1: data

Johanesburg - South Africa's economy unexpectedly contracted in the first quarter of this year, pushing the continent's most advanced economy into its first recession since 2009, according to official statistics released Tuesday.

US unemployment falls to 10-year low in April

Washington - Unemployment in the world's largest economy fell to the lowest rate in 10 years due to a strong rebound in job creation in April, bringing relief to Donald Trump after disappointing economic data early in his presidency.

Power struggle rages over Russia's state statistics

Moscow - Reports that Russia's economy ministry is set to take control of the national statistics agency has sparked fears that indicators crucial to monitoring the country's economic woes could become skewed.

Germany runs up record budget surplus of nearly 24 bn euros

Frankfurt Am Main - Germany notched up a surplus in its public finances of nearly 24 billion euros last year, its largest since reunification in 1990, official data showed Thursday.

British economy holds up as Brexit negotiations loom

London - Britain's economy grew solidly in the final months of last year, official data showed Thursday, even as the country prepares to navigate a difficult departure from the European Union.Gross domestic product expanded 0.

Powerful growth sets scene for German election debate

Berlin - Europe's biggest economy Germany booked solid growth in 2016, official data showed Thursday, with a sizeable surplus in its public finances set to fuel fierce political debate in an election year.Growth of 1.

Irish immigration turns positive for first time in seven years

Dublin - More people came to live in Ireland in the year to the end of April than emigrated for the first time since 2009, with thousands of Irish citizens returning to the Emerald Isle, official figures showed on Tuesday.The state agency reported a 14.

IMF: Global economy steady but risks abound

Washington - The International Monetary Fund said Tuesday that the global economy remains tepid, with slowdowns in emerging markets offsetting progress in the Japanese and European economies.

Migration helps boost EU population to 507.4 million

Brussels - The population of the European Union stood at 507.4 million people on January 1, official EU data showed Thursday, with a significant boost from immigration.According to the Eurostat agency, the EU's population grew by 1.

British unemployment rate drops below 7%

London - Britain's unemployment rate dropped to a five-year low point of 6.9 percent in the quarter to February, as the country's economic recovery picks up speed before next year's general election.The rate dropped from 7.

Russian economy shrinks 0.5% in Q1, minister says amid crisis

Moscow - Russia's economy shrank by 0.5 percent in the first quarter of 2014 from output in the final quarter of 2013, a minister said on Wednesday highlighting the risk of a recession due to the standoff in Ukraine.

British unemployment rate drops below 7%

London - Britain's unemployment rate dropped to a five-year low point of 6.9 percent in the quarter to February, as the country's economic recovery picks up speed before next year's general election.The rate dropped from 7.

Brazil economy to grow 3% in 2015: official

Bras - Brazil's economy is forecast to expand by three percent next year, picking up briskly after years of stagnant growth, a top government economist said on Tuesday.

Russia warns of zero growth as economic alarm rises

Moscow - Russia's economy may not grow this year, the finance minister said Tuesday, warning that Ukraine standoff could see Moscow face its toughest times since the start of the global financial crisis.

'Russia could be hit by zero growth in 2014 amid crisis'

Moscow - The Russian economy could be set back to zero growth this year, the finance minister warned on Tuesday amid growing spending on Crimea and capital flight.

'Solid upturn' in German economy, but Ukraine clouds outlook

Frankfurt - The German economy, Europe's biggest, is currently in the middle of a "solid upturn", the government said Tuesday, even if concerns about the fallout from Ukraine are souring investor confidence.
  1 2 3 4 5 Next»

Set up a news alert for

indicator


indicator Image


Latest News
Top News