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Staff Writer
Emerging markets to lead global growth in 2017
Global growth expected to pick up but downside risks remain Emerging markets, led by India and China, are expected to continue to lead global growth in 2017 – according to the International Monetary Fund’s (IMF) January 2017 update to the
Read MoreDiplomatic Relations between Cuba and the United States Re-Established
US State Department Release President Obama announced on July 1, 2015, the historic decision to re-establish diplomatic relations between Cuba and the United States of America, effective July 20. The U.S. Department of State also notified Congress of its intent
Read MoreChina A Shares, Pakistan and Saudi Arabia set to be included in MSCI Indices
In a June 9th Press Release, MSCI Inc., the premier provider of global equity indexes, announced that it expects to include China A shares in the MSCI Emerging Markets Index after a few important remaining issues related to market accessibility
Read MoreChina’s renminbi set to become the newest global currency
The renminbi has truly arrived on the global stage, presenting opportunities as well as risks. China’s renminbi (RMB) is set to become the newest global currency. According to a report, “Generation ¥ – RMB: the new global currency”, prepared by
Read MoreDeveloping countries to experience uptick in growth: World Bank
Underneath the fragile global recovery lie increasingly divergent trends with significant implications for global growth; developing countries will continue to outperform their developed counterparts. In its Global Economic Prospects (GEP) report, released this month, the World Bank forecasts that developing countries
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