China factory orders drop in ominous sign for global outlook
Investors wanting to gauge the health of global consumer sentiment should look no further than China’s factories right now
economy crisis
Sri Lanka hikes fuel prices as it faces economic collapse
The move comes a day after the energy minister said there would be an indefinite delay in getting new shipments of oil
China export boom fades
as buying shifts, cheap rivals gain
Analyst who predicted 2008 financial crash warns another one on the way
An analyst who predicted the 2008 global financial crisis has warned that another crash is on the way, and this time it will be much worse. According to Jesse Colombo, a number of new bubbles in markets around the …
Turkey will usher in austerity programmes
Finance Minister Berat Albayrak believes that austerity will help to reduce inflation growth
IMF: inequalities trigger economic crisis
The middle class is gradually growing at a global level, but it is in crisis in developed countries, the managing director of the International Monetary Fund (IMF), Christine Lagarde, said at the World …
Lagarde: world economy suffering legacy of 2008 crisis
The IMF Managing Director Christine Lagarde commented on the current situation in the world economy on the sidelines of the G7 Ise-Shima Summit. According to her, the world is "no longer in a 2008 moment." …
Economy is stalling worldwide
Experts of the Organization for Economic Cooperation and Development (OECD) has issued a new forecast of the global economy, which is much more pessimistic than the previous one. 2016 global growth forecast was reduced to 3% [in …
