World

Media IN TOKYO, June 07, 2019, SP France’s CAC 40 edged up 1.2% in early trading to 5,341.86. Germany’s DAX added 0.6% at 12,019.60. Britain’s FTSE 100 was at 7,313.81, up 07%. U.S. shares were set to drift higher with Dow futures gaining 0.3% at 25,823. S&P 500 futures also …

Media IN TOKYO, June 07, 2019, SPA Japan’s Nikkei 225 gained 0.5% to finish at 20,884.71, while Australia’s S&P/ASX 200 rose nearly 1.0% to 6,443.90. South Korea’s Kospi inched up less than 0.1% to 2,069.38. Chinese markets were closed for a holiday. Benchmark U.S. crude gained 65 cents to $53.24 …

Media IN VIENNA, 7th June, 2019 WAM The price of OPEC basket of fourteen crudes stood at US$60.88 a barrel on Thursday, 6th June 2019, compared with $61.04 the previous day according to OPEC Secretariat calculations The fourteen crudes, from separate OPEC member countries, include a mix of blends and …

Managing Director of International Monetary Fund (IMF) Christine Lagarde Media IN WASHINGTON, 7th June, 2019 (WAM) The International Monetary Fund  in its annual review of the US economy, warned that “material risks” overshadow the outlook, including trade uncertainty, rising debt levels and growing inequality. It is especially important that the …

Median IN St. Petersburg, June 7, 2019. The St. Petersburg International Economic Forum 2019 (SPIEF), which was organised yesterday June 6, 2019 in Russia was attended by His Highness Sheikh Hamad bin Zayed Al Nahyan, President of Abu Dhabi Crown Prince’s Court, Sheikh Hamed attended the “opening” session of the …

Media IN Vilnius, Jun 6, 2019, SPA The European Central Bank (ECB) pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a slowing euro zone economy. ECB President Mario Draghi …

Media IN ROME, June 06, 2019, SPA World food prices rose for a fifth consecutive month in May after bad weather pushed up the prices of cheese and maize, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) also warned that a sharp fall in …

Media IN MADRID, 6th June, 2019 WAM According to a new report from the World Tourism Organisation (WTO), exports generated by international tourism reached US$1.7 trillion in 2018, a 4 percent increase in real terms over the previous year, This is the seventh year in a row where tourism exports …

Media IN SHANNON, Ireland/BEIJING 6th-06-2019 On Thursday, the U.S. President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States. Tensions between …

Media IN GENEVA, 6th June, 2019 (WAM World trade will continue to face strong headwinds in 2019 and 2020 after growing more slowly than expected in 2018 due to rising trade tensions and increased economic uncertainty. WTO economists expect merchandise trade volume growth to fall to 2.6% in 2019 — …