Search Results for: global economic
Global economy is facing a ‘perfect storm’, warns BIS chief
August 29th, 2018
The problem with the current US policy of using tariffs to pursue trade and economic strategies is that they are such a crude tool to use within such a complex, sophisticated and global ecosystem. The Bank of International Settlements’ ...
Oil prices dips on concerns of slowing economic growth
August 20th, 2018
Oil prices dipped on Monday as concerns over slowing economic growth weighed on markets. International Brent crude oil futures were at $71.78 per barrel at 0019 GMT, down 5 cents from their last close. U.S. West Texas Intermediate (WTI) ...
Global stocks rally extends in Asia; The Euro and Japanese Yen rose
June 7th, 2018
A global stocks rally extended its run in Asia Thursday on confidence the global economic expansion remains intact and continuing momentum in U.S. technology shares. Treasuries held losses, with 10-year yields just under 3 percent. Equities gained from Tokyo ...
Massive VISA outage shows the fragility of global payments
June 6th, 2018
On Friday, VISA’s payment network suffered outages across Europe, limiting transactions for both businesses and individuals. Banks and commerce groups began advising customers to use cash or other payment cards if possible, and reports indicated that online and contactless ...
Iran is preparing to introduce its own brand of crude to the global market
May 11th, 2018
While US President Donald Trump moves to withdraw his country from the Iran nuclear deal, Tehran is preparing to introduce its own brand of crude to the global market. Facing the prospects of new economic sanctions, Iran moves to ...
Will the world have a global cryptocurrency?
May 9th, 2018
Former Goldman Sachs President Gary Cohn said Tuesday he thinks the world will have a global cryptocurrency that is not bitcoin. “I’m not a big believer in bitcoin. I am a believer in blockchain technology,” Cohn told CNBC’s Bob ...
Accountants professional body ACCA restructures its global markets
April 27th, 2018
The Association of Chartered Certified Accountants (ACCA), the global body for professional accountants, has issued an announcement to inform about its revised structure. The global market portfolio for ACCA is being reorganised so the professional body for accountants will ...
Italian vote, trade concern darken Europe’s economic outlook
March 7th, 2018
For months, the 19-country eurozone economy has been one of the bright spots in the global economy, with growth and job creation picking up steam after years of crisis management and a lack of confidence. But on Monday, the ...
Why 2018 global growth will be strong, and why there is still cause for concern
January 16th, 2018
Global growth accelerated to 3 percent in 2017, supported by a broad-based cyclical recovery encompassing more than half of the world’s economies, and is expected to edge up to 3.1 percent in 2018. Global trade regained significant momentum, supported ...
Three UK law firms announce global expansion plans
December 19th, 2017
UK law firms are continuing to open up offices globally and link with local firms with the latest three law firms announcing plans to expand abroad. Pinsent Masons has joined forces with Saudi Arabian law firm Alsabhan & Alajaji ...
