global economy
G20 says worsening trade wars pose risk to world economy
World
June 9, 2019
G20 says worsening trade wars pose risk to world economy
The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy, after…
US leaves door open to China on trade talks at G20
World
June 8, 2019
US leaves door open to China on trade talks at G20
The United States is open to further negotiations with China on their ongoing trade battle but any potential deal will…
OECD cuts global growth forecast as US-China tensions rise
World
May 21, 2019
OECD cuts global growth forecast as US-China tensions rise
The OECD on Tuesday cut its forecast for the world economy, urging governments to resolve their trade disputes as the…
OECD cuts global growth forecast over trade, Brexit uncertainty
Economy
March 6, 2019
OECD cuts global growth forecast over trade, Brexit uncertainty
Trade tensions and political uncertainty including Brexit are weighing on the world’s economy, the OECD warned Wednesday as it again…
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Economy
January 22, 2019
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Over the past few years, Egypt has seen remarkable domestic demand particularly in private consumption, which estimates that the…
Global economy in 2019: Growth beginning to fray
Economy
December 12, 2018
Global economy in 2019: Growth beginning to fray
American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest…
Financial experts opine about decline in pound rate against US dollar
Business
May 18, 2018
Financial experts opine about decline in pound rate against US dollar
The average official exchange rate of the US dollar against the Egyptian pound in the Central Bank of Egypt (CBE)…
China says trade war with US will only bring disaster to global economy
World
March 11, 2018
China says trade war with US will only bring disaster to global economy
Any trade war with the United States will only bring disaster to the world economy, Chinese Commerce Minister Zhong Shan…
IMF expects Egypt’s growth to reach 5.3% in 2019
Business
October 12, 2017
IMF expects Egypt’s growth to reach 5.3% in 2019
The International Monetary Fund (IMF) expects Egypt’s growth rate to reach 5.3 percent with inflation falling to 13.5 percent by…
U.S. economy slowed less than expected in first quarter; outlook cloudier
Economy
May 26, 2017
U.S. economy slowed less than expected in first quarter; outlook cloudier
The U.S. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending…