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Economy

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Britain's economy shrinking at fastest rate since 2009, says survey

The Guardian - ‎Jul 22, 2016‎
“At this level, the survey is signalling a 0.4% contraction of the economy in the third quarter, though much, of course, depends on whether we see a further deterioration in August or if July represents a shock-induced nadir.
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Turkey's economy after the coup

Aljazeera.com - ‎7 hours ago‎
As President Recep Tayyip Erdogan manages government institutions, with mass detentions, sackings and suspensions sweeping across the country, many question what effect the political instability will have on Turkey's economy. The Asia-Europe ...
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Japan Finance Minister Aso: Closely watching China's economy, falling yuan

Reuters UK - ‎3 hours ago‎
"Lew and I agreed to two points, that China needs to implement economic structural reform, and China needs to show greater transparency for its yuan currency system," Aso said.

So far, so good for the post-Brexit economy

Telegraph.co.uk - ‎Jul 21, 2016‎
There are crippling weaknesses at the heart of the UK economy, of course, and the lower sterling will push up some prices, including petrol and imported consumer goods, but 52pc of the public were delighted by the outcome of the referendum, and most of ...

The Economy Will Probably Be Pretty Good On Election Day

FiveThirtyEight - ‎Jul 22, 2016‎
But the convention was also notable for another reason: the near-total lack of discussion of jobs and the economy. Even Tuesday night (advertised theme: “Make America Work Again”) seemed to feature more discussion of Benghazi than unemployment.

How the EU helped us to sell off our economy

Telegraph.co.uk - ‎3 hours ago‎
The unique ease with which foreign firms have been able to buy into the British economy has been an occasional theme of this column since, in the Nineties, I followed the story of the EU's infamous “bus directive”.

Extra spending, firmer exports to underpin South Korea's economy

Reuters - ‎11 hours ago‎
On Friday, Yoo said that South Korea's economic growth this year would likely benefit by 0.2 to 0.3 percentage points from the government's proposed 11 trillion won ($9.69 billion)supplementary budget and fiscal reinforcement stimulus plans.
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Is the US economy as horrible as Donald Trump says it is?

CBS News - ‎Jul 22, 2016‎
Donald Trump sure paints a dire picture of the U.S. economy. In accepting the Republican party's nomination for the presidency on Thursday, he described a country burdened by searing poverty, downward mobility and crushing national debt.
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One month after Brexit: what we know about the economy

Financial Times - ‎Jul 22, 2016‎
The health of Britain's economy one month after the vote to leave the EU is highly uncertain. In the immediate aftermath of the referendum, sterling fell sharply, rating agencies downgraded creditworthiness of the UK government and high streets noticed ...

Heathrow delay is harming economy, MPs warn Theresa May

The Guardian - ‎1 hour ago‎
... May faces the first big challenge to her fledgling premiership as 36 Conservative MPs, led by the former party chairman Grant Shapps, demand an urgent decision on Heathrow airport's expansion, warning that continued delay is damaging the UK economy.

South Africa's Economy in a Low-Growth Trap, Kganyago Says

Bloomberg - ‎9 hours ago‎
South Africa's economy is in a low-growth trap and the central bank is unable to assist its recovery, according to Governor Lesetja Kganyago.

Behind the global economy's hesitation blues

The Australian Financial Review - ‎9 hours ago‎
The Brexit vote - and its aftermath - could provide more evidence of how fear can stop an economy. Getty Images. by Robert J. Shiller.
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Britain's economy wilting fast

Times of Malta - ‎13 hours ago‎
Britain's economy is shrinking, the broadest survey of business confidence since last month's historic vote to quit the EU showed yesterday, piling pressure on new Prime Minister Theresa May's government to soften the impact.

Canada economy to rebound this year after energy slump: minister

Daily Mail - ‎5 hours ago‎
TORONTO, July 23 (Reuters) - Canada's economy should rebound "over the course of the year" from the impact of a wildfire in its energy heartland, Finance Minister Bill Morneau said on Saturday on the sidelines of a G20 meeting in Chengdu, China.

Why the GOP Didn't Talk Much About the Economy in Cleveland

Fortune - ‎Jul 22, 2016‎
Were such an economic record to have been compiled under a Republican president, the entire convention—from the lowliest speeches in the 5:00 p.m.

Next Week's Fed, BOJ Action to Define World Economy Movements

Sputnik International - ‎9 hours ago‎
Kristian Rouz - As the US corporate profits season unveils the still lingering unfavorable effects on the domestic economy and international trade, whilst the Japanese government's negative interest rates policy (NIRP) stirs concerns of fiscal ...
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One part of Saudi Arabia's economy is 'suffering' - and it's not oil

Business Insider - ‎Jul 22, 2016‎
He added that the construction sector's weakness could trickle into other parts of the economy - in particular, consumer-facing sectors - noting that builders already had delayed salary payments and cut employment amid a lack of new projects.
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Nigerian Economy 'Technically in Recession,' Says Finance Minister

Newsweek - ‎Jul 22, 2016‎
Nigeria's economy is “technically in recession” but citizens should not be worried about the future, according to the country's finance minister.

Land disputes a threat to economy, warn investors

The Standard Digital News (press release) (blog) - ‎27 minutes ago‎
The economy will suffer in the long run if no action is taken to restore sanity,” said James Ngei, a society member. They want Interior Cabinet Secretary Joseph Nkaissery to ensure the safety of land owners who may have suffered violent attacks while ...

Economy min. outlines Resistance Economy model in UNCTAD

Mehr News Agency - English Version - ‎15 hours ago‎
He pointed to the importance of international economic cooperation in the development of national economy as well as in stabilization of international relations and described Iran's economic and trade policies in constructive interaction with other ...
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