Why Britain's decision to leave the EU is bad news for Africa
Jun 28, 2016 20:11 pm UTC| Insights & Views Economy
The fallout from the UK referendum that ended in victory for those wanting the country to exit from the European Union (EU) is still reverberating around the world. But what does it mean for Africa? The decision will...
Sweden’s employment growth likely to decelerate, but remains above historical averages
Jun 28, 2016 12:59 pm UTC| Commentary Economy
Employment in Sweden has been steadily rising in the past few years with the help of solid growth in construction industry and other personnel intensive sectors. Trend growth rates have been close to 1.5 percent on a...
UK might slip into recession in H2 16; would prompt Bank of England to ease monetary policy
Jun 28, 2016 12:30 pm UTC| Insights & Views Economy Central Banks Commentary
UK outlook following the decision to leave the EU largely depends on how the withdrawal negotiations progress. The longer-run consequences of a Brexit depend on the future UK/EU relationship. Risks of a marked...
Russian sentiment indicators show pessimism amongst economic players; ruble likely to remain weak
Jun 28, 2016 12:29 pm UTC| Commentary Economy
The economic scenario for Russia is now improving based on recent data. The economy had contracted 3.7 percent last year and appears to be stagnating for some months now. Even if economic sanctions from the EU and...
Russian sentiment indicators show pessimism amongst economic players; ruble likely to remain weak
Jun 28, 2016 12:29 pm UTC| Commentary Economy
The economic scenario for Russia is now improving based on recent data. The economy had contracted 3.7 percent last year and appears to be stagnating for some months now. Even if economic sanctions from the EU and U.S....
Indonesia approves tax amnesty bill to fund budget gap
Jun 28, 2016 12:25 pm UTC| Commentary Economy
The Indonesian government has approved a tax amnesty bill that is aimed at reducing the widening budget gap as it steps up infrastructure spending to spur economic growth. The government plans to draw billions of dollars...
Consumer spending in US likely to have slowed in May
Jun 28, 2016 12:12 pm UTC| Commentary Economy
Spending in the USis expected to have gained in May following a sharp increase in April, but at a slower pace. It is likely to have grown 0.3 percent, as compared with the solid growth of 1 percent in the prior month, said...
FxWirePro- Major Economic data for the week
'Wicked' and 'Gladiator II' Smash $270.2M Box Office as 'Moana 2' Teases Record-Breaking Holiday Run