Latest in Tag: Economic slowdown Highlight
Latest in Tag: Economic slowdown
German exports post unexpected dip
German exports dipped unexpectedly at the beginning of the year, a sign that Europe’s largest economy may be feeling the effects of the global economic slowdown and the strengthening euro.
China’s economic slowdown – India’s opportunity?
China’s recent downturn has led to a reassessment of global economic growth, with analysts pointing to how India may benefit from the slowdown. But is the South Asian nation set to become the world’s next growth engine? “The Chinese ‘normal’ has now changed. It is no longer the nine percent, 10 percent, 11 percent growth …
ECB holds key rate steady
The European Central Bank has left its key interest rate unchanged at the historically low level of 0.05 percent. The decision aimed to allay investors’ concerns over the impact of China’s economic slowdown. Thursday’s vote of the central bank’s governing council to not raise the benchmark refinancing rate was widely expected among analysts, who also …
China manufacturing tumbles, so do stocks
China’s factory activity saw a sharp decline in August, showed an independent survey, adding to growing worries about sputtering growth in the world’s second-largest economy. Chinese stocks also extended their losses. The Caixin’s Purchasing Manager’s Index (PMI), which tracks activity in Chinese factories and workshops, fell from 47.8 in July to 47.1 in August. It …
Insurance sector assets currently valued at EGP 55bn: EFSA
The insurance sector contributed EGP 48.5bn to the national economy during the current year
Economic analysts agree with IMF report on Egypt’s economic status
Analysts request to amend monetary policy and take precautions with mega-projects in light of current circumstances
November inflation rate lowest in seven years
Economic slowdown and low purchasing power curbed price increase