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Economy : Page 601

OECD GDP growth slows to 0.4% in the third quarter of 2015
OECDNovember 24, 2015 ET
Growth of real gross domestic product (GDP) in the OECD area slowed to 0.4% in the third quarter of 2015, down from 0.6% in the second quarter.
Chinese economists urge tax cuts and lending costs reduction
China factory workersNovember 24, 2015 ET
Chinese economists are calling for the government to cut taxes for enterprises and reduce their lending costs, deepening supply-side structural reforms.
How will Switzerland grow until 2030?
Swiss AlpsNovember 24, 2015 ET
Switzerland has one of the highest per capita incomes in the world. However, its standard of living over the long term depends on the future growth of the Swiss economy.
Sharing economy: New investment opportunities
BlablacarNovember 24, 2015 ET
The rise of the sharing economy is now a high-profile investment theme driven by the rapid growth of the internet.
Dutch consumers confidence increased in November
Dutch consumersNovember 24, 2015 ET
Dutch consumers grew slightly more confident in November. The seasonally-adjusted consumer confidence indicator produced by the Central Bureau of Statistics (CBS) inched up from October’s 8 points to 9 points in November. Consumers had not been this confident since August 2007.
British public finances in worst October deficit since 2009
George OsborneNovember 23, 2015 ET
According to the Office for National Statistics, UK's headline public borrowing rose to £8.2bn last month from £7.1bn in the corresponding period in 2014, exceeding forecasts for a £6bn reading.
Public finance reform inevitable for some oil exporting economies
Gas stationNovember 23, 2015 ET
Oil prices are expected to remain lower, for longer. According to PwC, this bears some resemblance to the decade-long oil price drop recorded from the mid-1980s onwards.
China shifting from nation of producers to consumers
Beijing ChinaNovember 23, 2015 ET
China is transformed from a nation of producers to a nation of consumers, said Stephen Roach, senior fellow of Yale University's Jackson Institute of Global Affairs.
Draghi says ECB to act quickly to raise inflation if needed
Mario DraghiNovember 23, 2015 ET
European Central Bank (ECB) President Mario Draghi said the ECB would act quickly to raise inflation if needed.
Conference Board Leading Economic Index for China increased
China LEINovember 23, 2015 ET
The Conference Board Leading Economic Index (LEI) for China increased 0.6 percent in October to 341.7 (2004 = 100), following a 1.6 percent increase in September and a 0.9 percent increase in August.
Middle East must invest $700 billion in oil
Ali Al-NaimiNovember 21, 2015 ET
The Saudi Oil minister Ali Al-Naimi estimates that $700 billion will be required to finance energy industry projects in the Middle East over the next ten years.
Latin America's economic prospects not so good in 2016
Latin America economyNovember 21, 2015 ET
Trade and financial shocks in the form of collapsing commodity prices and reduced availability of external financing have worsened Latin America's economic prospects in the past year.

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