Dimmer forecast comes as world’s finance officials prepare to meet WASHINGTON—The world economy is increasingly at risk of stalling, the International Monetary Fund warned Tuesday as it once again cut its forecast for global growth prospects. The IMF said it was forced to downgrade its growth forecast for this year to 3.2%, down by 0.2 …
Entradas de agosto de 2016
Ago 22
Euro Exchange Rates Remain Under Pressure But 1.17 ‘Range Highs’ Still Targeted by Lloyds
The euro remains in control against the British pound as the UK currency continues to absorb heavy risk discounting ahead of the EU referendum which is now three months away. There are however suggestions that the pound’s sell-off agianst the euro is potentially overdone at this stage and that the euro should at some …
Ago 16
EU Presents Plans to Support Struggling Steel Sector
Steel imports from China to the EU have more than doubled over the past two years European steelworkers take part in a demonstration to call for action on subsidized Chinese imports, in central Brussels, on Feb. 15. BRUSSELS—The European Union presented new plans to support the bloc’s struggling steel sector on Wednesday, following warnings from …
Ago 08
China Steel Output Declines as Economic Transition Cuts Demand
China’s steel mills, which supply half of global output, churned out less steel in the first two months of the year, extending a decline amid government efforts to reduce reliance on manufacturing for growth. Crude-steel production for the January-to-February period dropped 5.7 percent from a year earlier to 121.07 million metric tons, data published by …
Ago 05
Faut-il vraiment s’inquiéter du ralentissement de la Chine?
Après des années d’hyper croissance, le pays a engagé une transformation bien réelle mais porteuse de risques, notamment sur le front de l’immobilier, de l’endettement, du yuan et de l’industrie. Le monde retient son souffle. Asie C’est le chiffre du jour, guetté par les marchés financiers du monde entier. La Chine a publié ce mardi …