TOP FIVE PREDICTIONS FOR 2014
The Organisation for Economic Cooperation and Development (OECD) and the International Monetary Fund (IMF) are forecasting steady global economic growth at 3.6%.
China transforms from the world's factory into a more knowledge-based and service oriented economy.
Indonesia's appetite for "inbound" FDI is increasing, particularly as it is one of Asia's growth leaders.
The first ever domestic securitisation of consumer loans in Russia will allow domestic securitisation of non-mortgage-related assets – including SME loans, trade receivables, lease payments etc.
Brasil is keen to live up to its emerging economy status by making processes much easier for businesses, which is good news for those firms looking to take advantage of the World Cup next year and the 2016 Olympics.
Argentina ranked as the country with the most complicated regulatory regime.
More infirmation here.
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U.S. DT - The sum total in September of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC outflow of $29.1 billion. Of this, net foreign private inflows were $23.5 billion, and net foreign official outflows were $52.7 billion.
U.S. FRB - Industrial production edged up 0.1 percent in October, as a gain for manufacturing outweighed decreases elsewhere. As a result of upward revisions primarily in mining, the overall index is now reported to have advanced at an annual rate of 4.7 percent in the third quarter, appreciably above the gain of 3.3 percent reported initially.
WNN - "nuclear energy is a "mature, low greenhouse gas emission source of baseload generation that could make an increasing contribution to global development based on low-carbon energy supply".
ARAB NEWS - Saudi Arabia has shown investment interest in Pakistan’s largest coastal refinery, a multibillion-dollar project being set up at Khalifa Point, near Hub, Balochistan, officials have confirmed.