Category: Business

IMF Calls for Reforms as Global Central Bankers Battle Weak Wage Growth

IMF Calls for Reforms as Global Central Bankers Battle Weak Wage Growth © AP Photo/ Itsuo InouyeBusiness14:55 15.10.2017(updated 14:56 15.10.2017) Get short URL342616 The International Monetary Fund (IMF) is urging advanced economies to implement fiscal stimulus measures aimed at structural economic reform, which would allow them to avoid or diminish the negative effects of future […]

China Cashes in on Cambodian Anti-American Sentiment

China Cashes in on Cambodian Anti-American Sentiment © AP Photo/ Heng SinithAsia & Pacific23:08 15.10.2017(updated 23:15 15.10.2017) Get short URL52130230 Chinese business, taking advantage of an increasingly destabilized global geopolitical climate, are expanding operations into Cambodia, as Phnom Penh consistently criticizes Washington for funding sedition and unrest in the southeastern Asian country. As Cambodia’s Ministry […]

End of Petrodollar: Rise of Economic Protectionism to Reshape Global Trade

End of Petrodollar: Rise of Economic Protectionism to Reshape Global TradeCC0Business15:01 15.10.2017Get short URL93709594 The era of petrodollar recycling is drawing to an end as shifts in technology and international politics render it redundant, meaning the US is entering volatile times. Kristian Rouz — The rise of economic protectionism and nationalism in politics of the recent years, including the […]

UK Economy Shows Signs of Rebound as Rate Decision Nears

UK Economy Shows Signs of Rebound as Rate Decision Nears © REUTERS/ Eddie KeoghBusiness12:29 13.10.2017(updated 14:07 14.10.2017) Get short URL 0 4210 UK economic expansion in Q3 was modest, yet sustainable, and the Bank of England draws support for its rate hike case from heightened inflation pressures and an improving manufacturing sector. Kristian Rouz — The […]

US Inflation Exceeds Fed Target, Supporting Case for December Hike

US Inflation Exceeds Fed Target, Supporting Case for December HikeCC BY-SA 3.0 / AgnosticPreachersKid / Federal Reserve BuildingBusiness15:07 14.10.2017(updated 14:14 14.10.2017) Get short URL 0 16220 The Federal Reserve faces the dilemma of above-target inflation, coupled with structural headwinds to economic growth, weak core inflation and modest consumer demand, meaning a December rate hike is […]

People’s Bank of China: Economy to Accelerate in Third, Fourth Quarters

People’s Bank of China: Economy to Accelerate in Third, Fourth Quarters © REUTERS/ Kim Kyung-HoonBusiness17:10 14.10.2017(updated 17:11 14.10.2017) Get short URL115030 Mainland China’s central bank expects the economy to gain momentum closer to the year’s end, however, there is strident debate regarding the accumulation of corporate and provincial debt as the country’s primary driver of […]

High Stakes Secession: Catalonia’s Exorbitant Price to Go It Alone

High Stakes Secession: Catalonia’s Exorbitant Price to Go It Alone © REUTERS/ Francois LenoirEurope12:25 14.10.2017(updated 12:26 14.10.2017) Get short URLTopic: Catalonia’s Independence Referendum (104) 229010 If Catalonia breaks free from Spain, it will have to pay a hefty price for this, Roberto Duran, a professor at the Catholic University of Chile, told Sputnik. A declaration […]

Trump NAFTA Proposals ‘Undermine the Entire Agreement’

Trump NAFTA Proposals ‘Undermine the Entire Agreement’ © AFP 2017/ Lars HagbergBusiness17:26 13.10.2017Get short URL129510 President Trump has said that he was open to bilateral trade pacts with either Canada or Mexico if the three countries fail to re-negotiate their North American Free Trade Agreement. However, Mexican foreign policy analyst Brenda Estefan explained to Sputnik […]