underlying weakness elsewhere,” the IMF said in its January 20 “World Economic Outlook” report. Last week, the World Bank also cut its global GDP forecast for 2015 and 2016 to 3% and 3.3% from 3.4% and 3.5%, respectively, due to
cooled, especially Europe, choking demand. “The global economy today is much larger than what it used to be,” World Bank Chief Economist Kaushik Basu recently stated, “so it’s a case of a larger train being pulled by a single engine
M9, Yields : Yields keep falling from already low levels. Last week, they found new reasons to keep falling: The World Bank [ and later IMF ] downgraded the global growth rate, and yields fell; retail sales fell [ which the experts said would
optimism. This week, a much weaker-than-expected retail sales number, a reduced world GDP growth forecast from the World Bank , and the sudden realization that falling oil prices could hurt significant portions of the U.S. economy, all spooked
(Reuters) - Harvest Natural Resources Inc, a Texas based oil and gas company, said on Friday it has filed an arbitration request against Venezuela before a World Bank tribunal to protect the value of...
many people are, which is "Oh, the retail sales were down in December; oh, the hourly wage was down; oh, now the World Bank has reduced the world growth rate; oh, we're going into another recession." It seems like we were only sitting
NEW YORK - U.S. stocks fell for a fourth day on Wednesday as a World Bank forecast fuelled concerns about global economic weakness and copper prices sank, although a late-day rebound in energy shares left the market well off its lows after a volatile session.
one of financing. Who finances the investment? That’s where foreign investors and multilateral financing from the World Bank , the IMF, the IFC, the IDB [Inter-American Development Bank], to the extent that’s allowable under U.S. law, come in. Diaz Cala: The knowledge
TORONTO/WINNIPEG, Jan 14 (Reuters) - Canada's main stock index dropped to its lowest in four weeks on Wednesday after the World Bank cut its global growth forecasts, but BlackBerry Ltd jumped after a report said Samsung Electronics Co had approached it about a takeover.
NEW YORK (Reuters) - U.S. stocks fell for a fourth day on Wednesday as a World Bank forecast fueled concerns about global economic weakness and copper prices sank, although a late-day rebound in energy shares left the market well off its lows after a volatile session.