Tag archives for Economy

Global Economics

Ukraine’s next best hope

Conflict between the Ukraine and Russia continues to escalate despite a ceasefire being declared in February of this year. On the backdrop of this, The Eastern Partnership Summit was held in Riga, Latvia on 21st & 22nd May 2015 to discuss EU relations with the leaders of the EU’s...
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Global Economics

Netanyahu responds to OECD report with promise of tax cuts and deregulation

While Israel has undoubtedly weathered the global crisis fairly well, a recent OECD report on growth in 2014 warned that Israel has too much heavy regulation, which challenges competitiveness and equality. In response, Prime Minister Benjamin Netanyahu promised massive deregulation and tax cuts in the next year. “One thing...
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Global Economics

Singapore GDP Update

A survey of economists by the Monetary Authority of Singapore (MAS) found that the average expected Singapore GDP growth rate for 2013 stands at 2.3%, which is slower than the figure of 2.8% quoted in March. On the other hand, inflation for the year is expected to come in...
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Global Economics

China still growing strong – OECD

The Organisation for Economic Co-operation and Development (OECD) forecasts that China’s economy will grow by 8.5% in 2013, and even more in 2014. This assessment is one of the most positive outlooks for the world’s second-largest economy, which the OECD predicts to receive increased investment spending in the coming...
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Global Economics

Trouble in Cyprus

The Cyprus parliament has rejected the controversial bailout deal which was announced on Saturday, sending Cyprus President Nicos Anastasiades back to the drawing board. At first glance, news that a bailout plan for Cyprus has been reached sounds like a good thing. The Cypriot government reached out to the...
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