In the past two years, the UAE has achieved three major milestones on the journey towards a sustainable and diverse economy. In 2014, the UAE’s stock exchanges were upgraded ... Read More
Keep an eye on the shadow banking system – it is about to be shaken to the core. According to the Financial Stability Board, the size of the global shadow ... Read More
It is not without its challenges, but the economy is improving – steadily if unspectacularly. A curious place these days, Egypt. Politically, it continues to make liberal-minded observers queasy, ... Read More
China‘s manufacturing activity improved slightly in May, while the service sector continued to weaken, indicating complications in the world’s second-largest economy, a survey showed yesterday. The official Purchasing Managers’ ... Read More
The stats just keep getting stranger and, if you’re a policymaker or an investor, scarier. According to a (now widely publicized) McKinsey & Co study, instead of deleveraging after the ... Read More
Central Bank of Hungary issued a press release informing that voted to leave the central bank base rate unchanged at 2.10%. In the Council’s judgement, Hungarian economic growth is ... Read More
The Dutch Central Bank on Monday said the Netherlands is emerging from a lengthy economic crisis but that growth prospects remain subdued as a result of a weakening global ... Read More
The European Union is planning a 21 billion-euro ($26 billion) fund to share the risks of new projects with private investors, two EU officials said. The new entity is ... Read More
China can cut its economic growth target to 7 percent next year without hurting its labor market, the World Bank said on Wednesday even as it urged Beijing to ... Read More
China’s surprisingly buoyant exports in July pushed its trade surplus to a record, but a drop in imports signals sluggish domestic demand that will likely call for continuing policy ... Read More
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