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Janet L. Yellen, the Federal Reserve chairwoman, with Mario Draghi, the president of the European Central Bank, and Haruhiko Kuroda, the head of the Bank of Japan, at the annual conference in Wyoming sponsored by the Federal Reserve Bank of Kansas City. Credit Martin Crutsinger/Associated Press.
Bankers and Economists Fear a Spate of Threats to Global Growth
New York- In the decade since the financial crisis, economic policy makers, professors and protesters have gathered in the US every August to argue about the best ways to return to faster economic growth. This year, they gave up. The formal agenda and corridor...Caption:
A Moody’s sign is displayed on 7 World Trade Center, the company’s corporate headquarters in New York, February 6, 2013., Reuters
Moody’s Places Turkish Year-End Growth Forecast in 2017 at 3.7%
Ankara- International credit rating agency Moody’s has upgraded its year-end growth forecast for Turkey in 2017 from 2.6 percent to 3.7 percent. Turkish exports will exceed $155 billion in 2017 and the target for 2018 will be to reach $170 billion, Economy...Caption:
A man walks near the Bahrain Financial Harbor in Manama March 24, 2011. REUTERS/Hamad I Mohammed
Bahrain: 4.4% Growth in Non-Oil Sector in First Quarter of 2017
Manama– A recent report published by Bahrain’s Economic Development Board (EDB) revealed that growth in the non-oil sector of Bahrain’s economy reached 4.4 percent in the first quarter of 2017, compared to 3.7 percent during 2016. The report said that growth was...Caption:
Image used for illustrative purpose. Computer science professor Christa Lopes’ Scion IQ electric car is plugged in her garage in Irvine, California. REUTERS/Lucy Nicholson