Baltimore sees first population growth in a decade, aided by sanctuary policies, immigration
BALTIMORE, MD — Baltimore’s population has increased for the first time since 2014, according to new estimates released by the U.S. Census Bureau. The city’s population grew from 565,271 in 2023 to…
Global central bank chiefs say they must prioritize inflation fight over growth
By Balazs Koranyi SINTRA, Portugal – Bringing down high inflation around the world will be painful and could even crash growth but must be done quickly to prevent rapid price growth from…
China’s central bank to step up policy implementation to spur growth
BEIJING – China’s central bank said on Wednesday it will step up the implementation of prudent monetary policy and keep liquidity reasonably ample, in a bid to support the slowing economy. The…
France cuts growth outlook, but sticks to budget target – ministry
PARIS – France’s government cut its growth outlook sharply on Tuesday but kept its budget deficit forecast steady despite billions of extra spending on anti-inflation measures thanks to stronger than expected tax…
Fed’s Daly: growth will slow, but don’t expect economy to shrink
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Tuesday said she believes the U.S. economy will slow to below 2% annual growth as the Fed raises interest rates, but…
Italy says can exceed 3.1% growth target for 2022 despite energy prices
ROME – Italy’s Treasury said the country’s economy could grow this year by at least as much as Rome’s official target of 3.1% set in April, despite the negative impact of surging…
Euro zone business growth slumped in June as price hikes bite
LONDON – Euro zone business growth has slowed significantly this month – and by much more than expected – as consumers concerned about soaring bills opted to stay at home and defer…
Japan’s June factory activity growth eases on China curbs – flash PMI
TOKYO – Japan’s factory activity growth slowed in June as China’s strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high on the…
Credit Agricole sees profit topping 6 billion euros in 2025, growth in Italy
By Matthieu Protard PARIS -French bank Credit Agricole is targeting a net profit of more than 6 billion euros ($6.3 billion) by 2025 and sees strong potential for its business in Italy,…
Allied Universal® Announces Three Acquisitions, Continues Strategic Growth in North America and Internationally
SANTA ANA, Calif., June 20, 2022 — Allied Universal®, the leading security and facility services company, is continuing its global expansion with the acquisition of three companies located in New York, the…
Peru expects lower economic growth on impact of mine protests
LIMA – Peru’s economic growth will likely be slightly lower this year, according to a new central bank forecast on Friday following disruptions to major mining projects in the Andean nation, the…
Canada home price index growth slows pace in May – Teranet
OTTAWA – The pace of Canadian home price growth slowed in May, edging off April’s record high, but prices still rose both on the month and on the year, index data showed…
Asia FX bears hit record high on hawkish Fed, China growth worries: Reuters poll
By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest rates that supported the dollar, while repeated…
French central bank sees second quarter growth of 0.25%
PARIS – France’s economy should avoid falling into recession during the current quarter after contracting in the first three months of the year, the central bank said on Tuesday. The euro zone’s…
Euro zone to avoid recession, growth to accelerate in Q3 – ECB survey
FRANKFURT – The euro zone will avoid a recession this year and growth will accelerate noticeably after bottoming out in the second quarter, a key European Central Bank survey showed on Monday.…
Turkish finance minister says economy liberal, growth sustainable
ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way after the government introduced steps to support…
Japan May import growth likely hit 6-month high on commodity rally, weak yen – Reuters poll
By Kantaro Komiya TOKYO – Japanese imports likely jumped in May at the fastest pace in six months, buoyed by surging raw material prices and the yen’s decline to two-decade lows, a…
ECB raises inflation, cuts growth forecasts
FRANKFURT – The European Central Bank raised its inflation projections once again on Thursday but cut its growth outlook as the conflict in Ukraine continues to weigh on confidence, consumption and investment.…
OECD slashes growth outlook, but sees limited stagflation risk
By Leigh Thomas PARIS – The war in Ukraine has made the growth outlook far bleaker even though the global economy should avoid a bout of 1970s-style stagflation, the OECD said on…
Euro zone GDP growth speeds up in Q1 despite Ukraine war, revised data show
BRUSSELS – The euro zone economy grew much faster in the first quarter of the year than in the previous three months despite the impact of the war in Ukraine, the European…
Inflation, robust China growth key factors for Singapore outlook – survey
SINGAPORE – Inflation is the biggest downside risk for Singapore’s economy this year but recovery in China and a broader global travel resumption will support the city-state’s growth, a central bank survey…
S.Korea Q1 GDP growth revised slightly down to 0.6%
SEOUL – South Korea’s economy grew by a seasonally adjusted 0.6% in the first quarter from three months earlier, slightly lower than 0.7% growth estimated earlier, revised central bank data showed on…
Italy statistics bureau cuts growth forecasts, warns of “strong downside risks”
By Gavin Jones ROME – Italy’s economy will grow by 2.8% this year, national statistics bureau ISTAT said on Tuesday, slashing a 4.7% projection made in December as high raw material prices…
UK’s Johnson promises tax cuts and plan for growth – Conservative source
LONDON – Prime Minister Boris Johnson promised lawmakers a new economic plan for growth next week, a Conservative Party source said on Monday after the British leader addressed his party before a…
Mohegan Appoints Heather Menzano as Vice President, Web Communications to Spearhead Digital Marketing Communications and Growth
“Heather joins us at a pivotal time. We welcome her to our executive team as we continue to gravitate toward cutting-edge technology, digital solutions and experiences for casino gamers and entertainment-seekers around…
Despite war, inflation, France sees positive economic growth in 2022 -minister
PARIS – France’s finance minister said on Sunday he expected positive growth for 2022, but would revise economic forecasts at the start of July. “It’s clear that with the war in Ukraine,…
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