China’s rising M1 money supply reflects structural change in bank deposits
May 17, 2016 07:13 am UTC| Commentary Economy
Rising money supply in China, both M1 and M2 reflect that the economys banking deposits are undergoing structural changes. In the latest monetary statistics released by the Peoples Bank of China on May 13, a...
Greece’s economy remains in recession in Q1 2016, net exports’ contribution to GDP declines
May 17, 2016 06:34 am UTC| Commentary Economy
Greeces national statistical service, Hellenic Statistical Authority (ELSTAT), released the countrys Q1 2016 GDP flash estimates recently. According to ELSTATs press release Available seasonally adjusted data indicate that...
BoJ fails to incorporate stimulus program to revive ailing economy
May 16, 2016 12:45 pm UTC| Commentary Central Banks Economy
The Bank of Japan has failed on its attempts to boost the ailing Japanese economy, even after adopting measures to boost inflation to its 2 pct inflation target, Bloomberg reported. On the financial front, stocks have...
Russia likely to stabilize, oil prices to remain key drivers
May 16, 2016 12:06 pm UTC| Commentary Economy
The Russian economy is expected to stabilize after five consecutive quarters of deterioration, condition upon monthly GDP figures, being in line with estimates of -1.4 pct for Q1 on year, as released by the Ministry of...
US job growth seems favorable in short term, hiring remains subdued
May 16, 2016 09:57 am UTC| Commentary Economy
The United States recent report on job openings and labor turnover (JOLTs) indicate that the job growth perspective will remain strong, with lay-offs taking a mild downturn. Though the hiring rate in the private sector...
Japan’s Abe says most G7 leaders agree on fiscal stimuli to boost global demand
May 16, 2016 06:18 am UTC| Commentary Economy
Japan Prime Minister Shinzo Abe on Monday said that a majority f the leaders in the G7 have agreed upon adoption of fiscal stimuli to help provide a kick to the slowing global demand. Earlier this month, Abe had travelled...
Brazil govt focuses on adopting economic reforms, curbing unemployment
May 16, 2016 05:45 am UTC| Commentary Economy Politics
The government of Brazil is focused on adopting reform measures to pull the economy out of the current recessionary phase and bring economic, social and political harmony in the Latin Americas biggest economy. Brazils...
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