Tag: china

Chinese Economy Grows at Slowest Pace in 13 Years; What’s Next for China?
June 10, 2013 0

Chinese Economy Grows at Slowest Pace in 13 Years; What’s Next for China?

By News Desk

Inquiring minds note the growth slowdown in China: China’s economy stumbles in May, growth seen sliding in Q2 . China’s economy grew at its slowest pace for 13 years in 2012 and so far this year economic data has surprised on the downside, bringing warnings from some analysts that the country could miss its growth target of 7.5 percent for this year. “Growth remains unconvincing and the momentum seems to have lost pace in May,” Louis Kuijs, an economist at RBS, said in a note

Hollande’s Popularity Sinks to 28%, a New Record Low
June 7, 2013 0

Hollande’s Popularity Sinks to 28%, a New Record Low

By News Desk

Hollande’s Popularity Sinks to 28%, a New Record Low Posted by Michael Shedlock at 12:11 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s).

IMF Halves Germany 2013 Growth Estimate; Still Too Optimistic
June 4, 2013 0

IMF Halves Germany 2013 Growth Estimate; Still Too Optimistic

By News Desk

IMF Halves Germany 2013 Growth Estimate; Still Too Optimistic With most of Europe in a nasty recession, and significant parts of it (Spain, Greece, Cyprus, Italy) in an outright economic depression, I wonder why it took so long for the IMF to Reduce Germany GDP Forecast . Germany’s 2013 growth prospects have been cut in half by the International Monetary Fund, as it warned that the outlook for Europe’s strongest economy could worsen if a eurozone recovery fails to materialise. The IMF said falling business investment and the eurozone’s ongoing recession, which have hampered German growth, meant the economy would grow by just 0.3pc this year, compared with an April estimate of 0.6pc