Tag: world economy
World’s economy will top $100T in 2022, China topples U.S. 2030
India looks set to overtake France next year and then Britain in 2023 to regain its place as the world's…
IMF chief: World faces worst economic crisis since Great Depression
The coronavirus pandemic has inflicted an economic crisis unlike any other in the past century and will require a massive…
Trump’s presidency negatively impacted world economy – poll
One year after election, 73.9 per cent of world experts believe that the presidency of Donald Trump has a negative…
China’s manufacturing expands
China’s manufacturing activity surged to a 19-month high in December, British bank HSBC said Monday, adding to signs of recovery…
oil prices continue to fall
Brent oil prices sank under $100 a barrel on Friday for the first time in eight months, hit by weak…
Crude oil prices slump
Oil prices dived to fresh multi-month lows Thursday, driven by weak data in top global crude consumer the United States,…
Fitch cuts Japan’s credit rating
Fitch cut Japan’s credit rating by two notches on Tuesday, citing its “leisurely” efforts at shrinking a massive public debt,…
Citi Group, 3 others flunk Stress Test
Citigroup was one of four large US banks that flunked stress tests aimed at seeing how they would hold up…
West’s showdown with Iran shoots up oil prices
Western world’s showdown with Iran over its nuclear programme is creating an unintended effect: jacking up world oil prices. According…
Europe seals 310 billion dollar Greece bailout
Euro zone Finance ministers sealed an unprecedented deal early Tuesday for a new 237-billion-euro ($310 billion) bailout designed to keep…