Former Russian FinMin Says Country Faces 5 Years of Recession
Russia faces five years of economic stagnation, the country’s former finance minister warned P...
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US ADP Private Payrolls Report Comes Under Expectations
Private business job creation decelerated in March as an economic slowdown and other factors put a d...
World Bank Forecasts Recession in Russia After Sanctions and Oil Prices
Russia faces a protracted recession as the impact of Western sanctions lingers and oil prices stay l...
Fed’s Lockhart Confident Q1’s Weakness Transitory
Atlanta Federal Reserve bank president Dennis Lockhart said on Wednesday that the United States rema...
China Lead Investment Bank Continues to Grow Membership
Just a few months ago, Beijing’s plan to build a rival to the World Bank looked like something...
UK Business Under Pressure Regardless of Election’s Outcome
Britain has just kicked off five weeks of campaigning in an election that presents a scary choice fo...
UK Productivity Growth Keeps Falling
David Cameron has presided over an economy with the weakest productivity record of any government si...
Warren Buffet Says Grexit Could be Good for EUR
Billionaire investor Warren Buffett told CNBC that if Greece ended up leaving the euro zone, “...
US Treasury Secretary Says CNY is Not an Elite Currency
U.S. Treasury Secretary Jack Lew said Tuesday that China’s yuan is not yet ready to join an el...
Chinese Shares Rise After Positive Factory Survey
Chinese shares continued to rise after a government survey indicated that factory activity had picke...
European PMIs Boosted by Weak EUR
Manufacturing and jobs are picking up in the eurozone thanks to the weaker euro, according to a surv...
Jobs and Oil Stocks in Focus After Good European Start
A weaker open in Europe this morning fooled many investors on the first day of the second quarter as...
Dollar Flat Before U.S. Jobs Report
USD dips before NFP European PMIs fail to disappoint Greece’s time is running out Central bank...
Europe off to a Weak Start as Greek Concerns Weigh
Tuesday’s sell-off in Europe has been largely put down to end of quarter profit taking by investor...
Better Looking PMIs Belie a Weak Chinese Economy
China’s factory activity surprisingly expanded in March, government data showed on Wednesday, ...