German economy faces meagre growth in medium term – IfW
BERLIN (Reuters) – Growth prospects for the German economy will remain meagre in the medium term, the Kiel Institute for the World Economy (IfW) said …
economy
German economy expected to contract by 0.4% in 2023 – DIW
BERLIN (Reuters) – Germany’s DIW economic research institute slightly lowered its 2023 forecast for the German economy on Friday due to a surprisingly weak second …
Canadian dollar outlook seen less rosy as China’s economy weakens: Reuters poll
By Fergal Smith TORONTO (Reuters) – Analysts have cut their bullish near-term forecasts for the Canadian dollar as China’s economy weakens and the gap between …
Analysis-Tax slump in outperforming Brazilian economy scrambles reform plans
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Even as Brazil’s economic growth blew past expectations in the first half of this year, tax …
Chile’s economy stagnant in most optimistic scenario for 2023 -cenbank
SANTIAGO (Reuters) -Chile’s central bank on Wednesday lowered the top end of its estimate for the country’s economic performance in 2023, saying it now forecasts …
Israeli ban on Gaza exports deals blow to long-suffering economy
By Nidal al-Mughrabi GAZA (Reuters) – Palestinians demanded on Tuesday that Israel lift a ban on exports from the Gaza Strip imposed over what Israel …
Australia economy gets a boost from visitors, infrastructure splurge
By Wayne Cole SYDNEY (Reuters) – Australia’s export volumes jumped in the June quarter as foreign visitors swarmed the country, data showed on Tuesday, offsetting …
Swiss economy stagnates during second quarter
ZURICH (Reuters) – The Swiss economy stagnated during the second quarter of 2023, the government said on Monday, with zero growth reported as the slowdown …
Kazakhstan names former economy minister Suleimenov as central bank chief
(Reuters) – Kazakhstan appointed former economy minister Timur Suleimenov as its central bank governor on Monday, as the upper house of parliament in the oil-rich …
China’s state planner to set up special bureau to support private economy
BEIJING (Reuters) – China’s central government has approved setting up a special bureau within the National Development and Reform Commission (NDRC) to promote the development …
President Biden Exits Podium Amid Questions on Economy and Corruption Scandal
Washington, D.C. — President Joe Biden abruptly left the podium on Friday, avoiding questions from reporters about ongoing economic issues and a corruption scandal. The …
Full impact of Fed hikes still to be seen in real economy, ex-vice chair Blinder says
By Lisa Pauline Mattackal (Reuters) – The full impact of the U.S. Federal Reserve’s interest rate hikes that began in March 2022 has still not …
Factbox-China’s measures to shore up a faltering economy, more support expected
BEIJING (Reuters) – China has rolled out a series of policy measures in recent months to revive a stumbling economy after its post-pandemic recovery fell …
Explainer-Why is China’s economy slowing down and could it get worse?
HONG KONG (Reuters) – China’s economic growth is slowing down as policymakers try to fix a property market downturn, with troubles at major developer Country …
Yellen to attend India G20 summit, focus on economy, climate, Ukraine -US Treasury
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit from Sept. …
Fed can stop hiking rates if economy slows at current pace, Rosengren says
By Lisa Pauline Mattackal (Reuters) – The Federal Reserve can end its interest rate hiking cycle if the labor market and economic growth continue to …
Analysis-Europe’s weaker economy limits fallout of US bond rout
By Yoruk Bahceli (Reuters) – A big selloff that pushed U.S. borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting …
Government spending, macro headwinds threaten Brazil’s economy: ex-central bank chief Fraga
By Lisa Pauline Mattackal (Reuters) – Insufficient government spending cuts, rising global interest rates and tighter liquidity place Brazil in a risky fiscal situation, a …
Sweden’s economy shrinks in Q2, but less than feared
STOCKHOLM (Reuters) – The Swedish economy shrank in the second quarter, primarily due to slower exports and decreased trade inventories, though the contraction was smaller …
China new home prices growth likely flat in 2023, dragging on economy – Reuters poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) – China’s new home prices will likely show no growth this year, according to a Reuters poll, …
Thailand’s employment growth drops in Q2 as economy slows
BANGKOK (Reuters) – Thailand’s employment in the second quarter rose 1.7% from a year earlier, slowing from a 2.4% increase in the previous three months, …
Australia economy to slow, govt spending to rise as population ages-report
SYDNEY (Reuters) – Australia faces decades of slower economic growth as its population gets older which will pressure the budget and lift national debt, a …
Analysis-After limbo, Thailand’s new prime minister faces weakened economy
By Orathai Sriring and Devjyot Ghoshal BANGKOK (Reuters) – On the campaign trail, Thailand’s new prime minister promised to kick-start the pandemic-hit economy, bolster household …
Trump’s universal tariffs would stifle economy, fuel inflation – White House
By Nandita Bose WASHINGTON (Reuters) – The White House said on Wednesday former President Donald Trump’s proposal to impose new tariffs on all foreign imports …
US economy near stalling point as consumer demand weakens, survey says
By Safiyah Riddle (Reuters) – U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new …
Italian tourists flock to Albania in key boost for economy
By Fatos Bytyci and Florion Goga SARANDA, Albania (Reuters) – A waiter in an Albanian restaurant in the coastal resort town of Saranda apologised to …
Blue State Gov Seizes On Devastating Wildfires To Say America Should ‘Decarbonize Our Economy’
Blue State Gov Seizes On Devastating Wildfires To Say America Should ‘Decarbonize Our Economy’ Harold Hutchison on August 21, 2023 Democratic Gov. Jay Inslee of …
As Cuba takes leap towards ‘cashless’ economy, entrepreneurs brace for impact
By Nelson Acosta and Anett Rios HAVANA (Reuters) – When Cuba in early August announced it was taking a major step towards electronic banking and …
Fed’s long-term GDP outlook is dismal; the economy hasn’t got the message yet
By Howard Schneider WASHINGTON (Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning …
‘Pathetic’: Black, Hispanic Voters Shred Biden Over Handling Of The Economy
‘Pathetic’: Black, Hispanic Voters Shred Biden Over Handling Of The Economy Will Kessler on August 18, 2023 Black and Hispanic male voters are not optimistic …
Thai economy likely grew 3.1% in Q2 on higher tourist arrivals: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Thailand’s economy likely grew 3.1% in the April-June quarter from a year ago, up from 2.7% in the previous …
Analysis-China’s sputtering economy curbs outlook for diesel demand for rest of 2023
By Andrew Hayley BEIJING (Reuters) – China’s muted economic growth in 2023 as its post-COVID recovery underwhelms has crimped the outlook for demand for diesel …
Despite Massive ‘Bidenomics’ Push, Voters Still Don’t Trust Biden To Handle Economy
Despite Massive ‘Bidenomics’ Push, Voters Still Don’t Trust Biden To Handle Economy Arjun Singh on August 17, 2023 A new poll reveals that President Joe …
Marketmind: Accelerating US economy sideswipes markets
A look at the day ahead in U.S. and global markets from Mike Dolan Far from the recession forecasts of earlier this year, U.S. economic …
Dutch economy enters recession as inflation bites
AMSTERDAM (Reuters) – The Dutch economy has entered a recession as it shrank 0.3% on a quarterly basis in the second quarter, a first estimate …
Thai economy expanding as policy rate nears stability level – central bank minutes
BANGKOK (Reuters) – Thailand’s economy should continue to expand as the policy rate is approaching a level consistent with long term stability, minutes of the …
Peru government sees economy recovering from mild contraction
By Sarah Morland and Isabel Woodford (Reuters) – Peru’s economy is showing signs it could start growing again after shrinking in the first half of …
IMF reaches $830 million staff-level deal to support Honduras economy
(Reuters) -The International Monetary Fund said on Friday it has reached a staff-level agreement with Honduras for a 36-month credit facility for about $830 million …
Biden’s Border Crisis Is Helping Fuel A Surge In Mexico’s Economy, New Data Shows
Biden’s Border Crisis Is Helping Fuel A Surge In Mexico’s Economy, New Data Shows Will Kessler on August 11, 2023 The border crisis under President …
EJ ANTONI: These Record Debt Figures Are A Massive Red Flag For The American Economy
EJ ANTONI: These Record Debt Figures Are A Massive Red Flag For The American Economy E.J. Antoni on August 11, 2023 While the White House …
STEPHEN MOORE: Congress Can’t Regulate The Risk Out Of Banking, But They Can Regulate The Economy Into The Ground
STEPHEN MOORE: Congress Can’t Regulate The Risk Out Of Banking, But They Can Regulate The Economy Into The Ground Stephen Moore on August 9, 2023 …
Can Argentina’s economy chief helm Peronist ‘shipwreck’ to election win?
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s Economy Minister Sergio Massa is an unlikely hero for the embattled ruling Peronist party. Under his watch, …
GOP Senator Praises Trump For Focusing On Economy, Avoiding ‘Rabbit Hole’ Of Smith Indictment
GOP Senator Praises Trump For Focusing On Economy, Avoiding ‘Rabbit Hole’ Of Smith Indictment Harold Hutchison on August 7, 2023 Republican Sen. Tommy Tuberville of …
These Two Red Flags Could Spell Big Trouble For The Economy
These Two Red Flags Could Spell Big Trouble For The Economy Will Kessler on August 4, 2023 A major shipping company and the largest advertising …
Russian economy grows 5.3% year on year in June
MOSCOW (Reuters) – Russia’s economy grew 5.3% in June year on year, the economy ministry said on Wednesday, after an increase of 5.4% in May. …
Factbox-China’s measures to support the economy amid faltering recovery
BEIJING (Reuters) – China has rolled out a series of policy measures in recent weeks to support the economy as its post-pandemic recovery falters, and …
Peru economy shrinks for two straight quarters, minister denies recession
(Reuters) – Peru’s finance minister said on Tuesday that preliminary data showed the country’s economy shrank in June, marking two consecutive quarters of contraction, which …
Marketmind: Testing the ‘Goldilocks’ view of the global economy
A look at the day ahead in European and global markets from Kevin Buckland. The ‘Goldilocks’ view that equity investors are taking of the global …
Hong Kong quarterly GDP growth slows on sluggish global economy
HONG KONG (Reuters) – Hong Kong’s economic growth slowed in the second quarter from a year earlier, advance government data showed on Monday, with the …
Moroccan economy grew 1.3% in 2022, against 8% in 2021 – central bank
(Reuters) – The Moroccan economy registered growth of 1.3% in 2022, slowing down from the 8% growth registered in 2021, the central bank said late …