Economic- Page 3

Poverty rate in India was slashed, says report, but globally 1.2bn still poor

October 22, 2022

British Reporter — Index shows 1 in 5 people in the developing world living in multidimensional poverty. Hundreds of millions lack adequate nutrition, sanitation, housing and good cooking facilities. But, India’s MPI poverty rate fell from 55.1% to 16.4% as millions were lifted out of poverty according to University of Oxford.

What is driving global supply chain bottlenecks?

The FINANCIAL — Bottlenecks in the world economy have been a key

by British Reporter

September 12, 2022

2 mins read

Global events threaten financial market stability

British Reporter — Globally-significant events have driven recent financial market volatility and contributed

by British Reporter

July 7, 2022

1 min read

Gas prices: as cooking fuels become more expensive, people are turning to dirtier alternatives

One consequence of the meteoric rise in the price of fossil gas

by British Reporter

June 7, 2022

2 mins read

Economic

New EBRD Forecast Sees Ukraine’s Economy Returning to Growth

Ukraine’s economy is set to return to growth in 2021, the European Bank for Reconstruction and Development (EBRD) says in its latest Regional Economic Prospects report, published. The Bank forecasts the country’s gross domestic product (GDP) to increase 3.5 per cent on the

by British Reporter

June 29, 2021

1 min read

Economic

Many Developing Countries Struggle with the Pandemic’s Lasting Effects

British Reporter — The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, many emerging market and developing economies continue to struggle with the COVID-19

by British Reporter

June 12, 2021

4 mins read

Economic

NPLs stable in central and south-eastern Europe during Covid-19 pandemic

British Reporter — Massive state intervention in the economy has prevented a rise in non-performing loans (NPLs) during the Covid-19 pandemic in central and south-eastern Europe (CESEE), but the quality of bank assets after the phasing out of public measures “remains uncertain”,

by British Reporter

June 7, 2021

1 min read

Economic

Savvy Brits Save over £250 a Year by Shopping in Apps

British Reporter — According to Barclays, one in three Brits are now using shopping apps to grab a good deal – saving over £20 a month. Over a third of people have downloaded more apps every month since the start of the pandemic. The

by British Reporter

June 5, 2021

4 mins read

Economic

How Foreign Work Visas Benefit the U.S. Economy

British Reporter — The Biden administration recently allowed a Trump-era ban on certain work visas to expire, opening the door for foreign workers to reenter the American labor pool after being locked out for nearly a year, University of Pennsylvania notes.

by British Reporter

May 31, 2021

1 min read

Economic·Economy

Researchers find climate change imperils countries’ ability to repay pandemic debts

British Reporter — As the International Monetary Fund (IMF) and the Board of Governors of the World Bank Group convene their spring meetings, researchers at Oxford University find that most governments have paid scant attention to the effect that climate change could

by British Reporter

April 7, 2021

2 mins read

Economic

Aid linked to the deferral of repayments of Italian dairy superlevy turned down by the Commission

The FINANCIAL -- The Commission has adopted a decision declaring aid in the form of deferred payment granted by Italy to milk producers liable to the Italian State for the amount of the milk levy which Italy had paid to the Union

by The FINANCIAL

July 17, 2013

1 min read

Economic

Global economic outlook

The FINANCIAL -- A combination of addictive monetary stimulus from the US Federal Reserve and a Chinese economy seemingly able to expand at will led to substantial asset price gains in anticipation of a sustained global economic recovery, according to HSBC Group.

by British Reporter

July 3, 2013

1 min read

Economic

New funding to support SME in Georgia

The FINANCIAL -- The European Commission has adopted a programme to support Small and Medium Sized enterprises (SMEs) and trade opportunities in the countries of the Eastern Partnership (EaP) region, which includes Georgia, Azerbaijan, Armenia, Belarus, Ukraine.

by The FINANCIAL

July 2, 2013

2 mins read

Economic

Japan Records Eight-Year High in Consumer Confidence: MasterCard Index

The FINANCIAL -- Consumer confidence across Asia/Pacific has risen amid stable economic growth, with the emerging markets of Myanmar, India, Indonesia and the Philippines leading the region, according to the latest MasterCard IndexTM of Consumer Confidence.

by The FINANCIAL

June 29, 2013

1 min read