May Eurozone manufacturing growth slowed down
May Eurozone manufacturing growth registered its steepest slowdown in six months, according to Markit Eurozone Manufacturing PMI – final data. May Eurozone PMI (Purchasing...
Asian overall debt increased in 2013
At 208% of GDP, Asian overall debt reached a record high in 2013, compared to 192% the previous year. Indebtedness increased across the whole...
Prostitution plus illegal drugs 0.7 percent of UK GDP
Prostitution plus illegal drugs make up approximately 0.7% of the United Kingdom’s GDP, i.e. about £10 billion ($16.76 billion) each year. Illegal drugs are...
Brazilian economy grew 0.2% in Q1 2014
The Brazilian economy grew by just 0.2% during the first quarter of 2014 compared to the previous quarter, says the Brazilian Institute of Geography...
India GDP growth 4.6% in Q1 2014
India GDP growth of +4.6% for the first quarter of 2014 (the fourth quarter of India’s financial year) was the same as in the...
UK 2014 economic forecast will be a 7-year high
The British Chambers of Commerce (BCC) has upgraded its UK 2014 economic forecast to 3.1% from 2.8%, while its 2015 forecast has increased to...
May UK economic growth record high
May UK economic growth came in at a record high, according to data released by the the Confederation of British Industry (CBI). May's figure...
Asia faces five challenges, says IMF
According to the IMF’s Finance & Development magazine, Asia faces five challenges: promoting financial development, stemming increasing inequality, coping with an aging population, improving...
Minority entrepreneurs face discrimination
When seeking a business loan, minority entrepreneurs face discrimination in the US, a new study published in the Journal of Consumer Research reports. Small-business...
April Eurozone Leading Economic Index down, The Conference Board
The April Eurozone Leading Economic Index declined slightly (0.1%) compared to March, driven mainly by the falls in the Economic Sentiment Index and Markit...