India’s cash crunch situation to deter GDP growth, informal sector likely to be worst hit
Nov 25, 2016 09:16 am UTC| Commentary Economy Insights & Views
The cash crunch situation, owing to the recently announced demonetization scheme, is throttling the Indian economy and is likely to have a downside impact on the countrys gross domestic product (GDP in the last quarter of...
Indian 10-year bond yields hit lowest since February 2009, inch away from 6 pct target
Nov 25, 2016 09:09 am UTC| Commentary
The Indian 10-year bond yields hit lowest since February 2009 Friday on rising speculation that the Reserve Bank of India will lower its repo rate by 25 basis points to 6 percent in its next month monetary policy meeting....
French consumer sentiment remains stable in November
Nov 25, 2016 08:55 am UTC| Commentary
French consumer sentiment remained stable in November, according to French official statistics office INSEE. The monthly survey indicated that the households confidence was stable at 98 in the month, the same as in...
Mexican economic growth likely to stay subdued at 1.6 pct next year, says Commerzbank
Nov 25, 2016 08:54 am UTC| Commentary
In the September quarter, the Mexican economy grew strongly by 1 percent sequentially on a seasonally adjusted basis, after contracting in the prior quarter. Services sector was the key driver of the economic growth....
Global Geo-political Series: EU suspends Turkey membership talks
Nov 25, 2016 08:28 am UTC| Commentary
The European parliament in Brussels voted overwhelming yesterday in favor of suspending the membership talks with Turkey, in response to Turkish President Tayipp Erdogans crackdown on opponents after the coup in July....
US Election Series: Jill Stein raises $4.5 million to challenge election outcome
Nov 25, 2016 07:29 am UTC| Commentary
This years green party candidate Jill Stein has raised about $4.5 million via crowdfunding and looking to raise more in order to challenge the outcomes of the election in several key swing states. She is planning to...
Brazil’s public debt likely to rise significantly in years ahead
Nov 25, 2016 07:17 am UTC| Commentary
Public debt of Brazil is expected to increase significantly in the coming few years, according to a Societe Generale research report. Policymakers should find ways to attain a primary surplus urgently without impacting...