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All publications by tag «ECONOMY»

All publications by tag
2019, June, 21, 09:35:00
U.S. CURRENT-ACCOUNT DEFICIT DOWN TO $130.4 BLN
The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product in the first quarter, down from 2.8 percent in the fourth quarter.
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2019, June, 14, 10:55:00
GLOBAL GROWTH 2.6%
Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020. Growth in emerging market and developing economies is expected to stabilize next year as some countries move past periods of financial strain, but economic momentum remains weak.
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2019, June, 14, 10:50:00
RUSSIA: MODEST GROWTH
Real GDP growth in Russia surpassed expectations in 2018, reaching 2.3 percent, mostly due to oneoff effects of energy construction. Forecasted growth of 1.2 percent in 2019 and 1.8 percent in 2020 and 2021 reflects a more modest outlook.
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2019, June, 13, 16:05:00
NORWAY'S GDP UP 2%
Norway’s economic momentum remains strong, supported by higher oil prices, competitiveness gains stemming from the weaker krone, and a robust labor market. After growing by 2.2 percent in 2018, mainland economic activity is expected to accelerate further and rise by about 2.5 percent this year, before growth slows to 2.1 percent in 2020.
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2019, June, 7, 11:35:00
U.S. TRADE DEFICIT UPDOWN ANEW
Year-to-date, the goods and services deficit increased $4.1 billion, or 2.0 percent, from the same period in 2018. Exports increased $8.3 billion or 1.0 percent. Imports increased $12.4 billion or 1.2 percent.
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2019, June, 4, 15:20:00
QATAR'S GDP UP 2.6%
Overall GDP growth is projected to reach 2.6 percent in 2019 from 2.2 percent in 2018, underpinned by a recovery in the hydrocarbon output and still robust growth of the non-hydrocarbon sector.
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2019, June, 4, 15:15:00
FRANCE'S GROWTH 1.5%
Growth is expected to reach 1.3 percent this year and stabilize at around 1.5 percent in the medium term, predicated on a recovery of domestic and external demand and on gains from recent reforms.
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2019, May, 30, 18:20:00
DIVERSIFICATION IS IMPORTANT
To put these two things together, the shale oil affecting both the volume of export and the price, plus the developments in clean technologies, tell me that for those countries who meet in Vienna, it has never been more important for them to diversify their economies. We have seen in Algeria, for example, one of the main reasons is the low oil price and the impact on the economy, and the same with Venezuela and elsewhere.
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2019, May, 30, 17:50:00
U.S. GDP UP 3.1%
U.S. real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent.
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2019, May, 30, 17:25:00
IMF, UKRAINE DISCUSSION
The IMF staff team has had very productive discussions with the Ukrainian authorities, including with President Zelenskyi, on the review of Ukraine’s Stand-By Arrangement with the IMF.