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In 2016 German Economy Grew by Fastest Rate in Five Years

January 16, 2017 12:05 am Published by

The German economy expanded at the fastest pace in five years in 2016. A preliminary estimate from the Federal Statistics Office showed that Europe's largest economy expanded by 1.9 percent in 2016.

The German economy in 2016 once again defied

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Fed Votes To Raise Federal Funds Rate To 0.50% And 0.75%

December 15, 2016 12:05 am Published by

Citing "progress in economic activity" and "labor market growth," the Federal Open Market Committee (Fed) unanimously voted to raise the range of the federal funds rate to 0.50 percent and 0.75 percent.

The Fed’s cautious, yet generally positive, economic statement …

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Baltic Dry Index Has Risen 300 Percent Since February 2016

November 30, 2016 12:05 am Published by

The Baltic Dry Index has risen 50 percent over the last month. The rise in the index, which is often considered as an indicator of globalization and future economic growth, accelerated following the U.S. election.

Some analysts believe the index …

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Increase In U.S. Protectionism Could Disrupt Global Recovery

November 11, 2016 12:05 am Published by

Investment bank Jefferies believes that the potential increased protectionism expected from Donald Trump’s victory, due to his critical views on international free-trade agreements, could disrupt the ongoing recovery in global trade.

According to the investment bank, the businesses likely to …

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Asian Countries Performing Well Despite Economic Challenges

September 28, 2016 12:05 am Published by

The Asian Development Bank (ADB) has reported that the economies of the developing countries in Asia are holding up despite a challenging global economic environment. In fact, earlier forecasts that the countries as a group will grow 5.7 percent in …

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South Korean Industrial Output Beats Market Expectations

September 2, 2016 12:05 am Published by

Beating market expectations, South Korea's industrial output increased by 1.4 percent in July 2016 from 0.8 percent figures posted in June 2016.

Exports have been improving at a very slow pace but that has also been aiding production.- South Korean

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Jordan is Willing to Broaden Economic Ties With Turkey

August 11, 2016 12:10 am Published by

Jordan's Prime Minister has said that the Jordanian Kingdom is willing to broaden economic and developmental ties with Ankara.

Speaking with members of the Turkish Economy Ministry’s Foreign Economic Relations Board, the Prime Minister spoke of the benefits the Turkish …

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