Date archive forJuly, 2016
Swedish economy
By Viliyana Filipova On Sunday, July 31st, 2016
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Growth in Swedish economy continued to delay in second quarter

Growth in the Swedish economy continued to delay in the second quarter, suggesting that the boom had probably passed its peak. The preliminary data from the statistical office showed that GDP increased by 0.3% on More...

Spanish economy growth
By Viliyana Filipova On Saturday, July 30th, 2016
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Spanish economy showing stability in second quarter

Spanish economy showing stability in second quarter and exceeded expectations for growth, despite that lawmakers are struggling to form a government after seven months and two parliamentary votes. The gross domestic More...

French economy
By Viliyana Filipova On Saturday, July 30th, 2016
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French economy stalled in second quarter

French economy stalled in second quarter, which is interpreted as a sign of weakness, even before Europe to feel the effects of the British referendum on leaving the European Union. The gross domestic product (GDP) More...

Unemployment in Spain
By Victoria Lynden On Thursday, July 28th, 2016
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Unemployment in Spain fell to its lowest level

Unemployment in Spain fell to lowest level in nearly six years, which is a new sign that the economy is moving forward, even when politicians fail to form a government that would put an end to the unprecedented More...

UK economy
By Viliyana Filipova On Thursday, July 28th, 2016
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UK economy grows by 0.6% in Q2 2016

UK economy grows by 0.6% in Q2 2016, demonstrating resilience amid the collapse in business confidence after referendum for Brexit. The result was above expectations, but we should consider that the period from More...

US Federal Reserve
By Joshua Jadon On Wednesday, July 27th, 2016
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US Federal Reserve signaled for monetary policy tightening

The US Federal Reserve signaled that another round of monetary policy tightening might be imposed in September, despite of expected no intervention of the interest rates on today’s meeting. Shortly before More...

Venezuela Crisis
By Viliyana Filipova On Tuesday, July 26th, 2016
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Latin American Reserve Fund released half-billion dollar loan to Venezuela

Latin American Reserve Fund released loan to Venezuela amounting to 482.5 million USD, which should improve the balance of payments, which crisis forced the government to stop imports of even essential goods. According More...

trade surplus
By Viliyana Filipova On Tuesday, July 26th, 2016
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Japan reported its first trade surplus for half-year since 2011

Japan reported its first trade surplus for half-year since the nuclear disaster in Fukushima in 2011, which was followed by rapid growth of imported energy prices and series of trade deficits. The third largest More...

German business climate
By Viliyana Filipova On Tuesday, July 26th, 2016
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German business climate worsen less than expected

German business climate for industry and trade fell in July less than expected, dropping to 108.3 points from 108.7 points a month earlier. The German economy shows that it is resistant to shocks, despite that business More...

Jim Yong Kim
By Silvia Hristova On Monday, July 25th, 2016
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WB: Continuing uncertainty after Brexit referendum may hurt global economy growth

The continuing uncertainty after Brexit referendum may hurt the global economy growth, according to the World Bank President Jim Yong Kim. Even before the referendum in UK, the World Bank lowered its forecast for More...

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