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World Bank cuts Sub-Saharan Africa growth forecast

The World Bank has dropped its 2018 economic growth forecast for Sub-Saharan Africa, partly blaming sluggish growth in some of the region's bigger economies. Sam Holder reports......»»

Category: videoSource: reutersOct 11th, 2018

World Bank: Sub-Saharan Africa set for 3.1% growth in 2018

Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank says, marginally slower than it previously forecast but faster than last year thanks to rising commodity prices. Pascale Davies reports......»»

Category: videoSource: reutersApr 22nd, 2018

Sub-Saharan Africa"s growth rate slashed

The World Bank has cut the economic growth rate of Sub-Saharan Africa to 2.8 percent this year, as the region again fails to meet expected targets. Sam Holder reports......»»

Category: videoSource: reutersApr 10th, 2019

World Bank: Sub-Saharan Africa set for 3.1% growth in 2018

Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank says, marginally slow.....»»

Category: topSource: usatodayApr 22nd, 2018

Canadian dollar tumbles to 3 1/2 -month low as central bank cuts growth forecast

The Canadian dollar on Wednesday fell as much as 0.7% after the Bank of Canada, as expected, left interest rates unchanged, but abandoned its mild tightening bias and .....»»

Category: topSource: marketwatchApr 24th, 2019

The Fed: World Bank’s goal of ending extreme poverty by 2030 is in jeopardy, new president says

The World Bank’s primary goal of ending extreme poverty by 2030 is in jeopardy due to current trends in sub-Saharan Africa, said new World Bank President David Malpass, on Thursday......»»

Category: topSource: marketwatchApr 11th, 2019

WTO says global trade slowed in fourth quarter, cuts forecasts

World trade shrank by 0.3 percent in the fourth quarter of 2018 and is likely to grow by 2.6 percent this year, slower than 3.0 percent growth in 2018 and below a previous forecast of 3.7 percent, the World Trade Organization said on Tuesday......»»

Category: topSource: reutersApr 2nd, 2019

WTO Cuts Trade Growth Forecast Citing Heightened Tensions

World trade will slow more sharply than previously expected this year and next, as global tariffs rise, the World Trade Organization said......»»

Category: topSource: wsjSep 27th, 2018

IMF cuts world growth forecast on tariff wars, emerging market strains

The International Monetary Fund has cut its global economic growth forecasts for 2018 and 2019, saying that the U.S-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows. David Pollard reports......»»

Category: videoSource: reutersOct 9th, 2018

Oil up nearly 3 percent on Saudi and OPEC cuts

OPEC cut its forecast for 2019 world oil demand on Tuesday, citing slowing economies and expectations of faster supply growth from rivals......»»

Category: topSource: foxnewsFeb 12th, 2019

OPEC trims forecast for 2019 world oil-demand growth

The Organization of t.....»»

Category: topSource: marketwatchJun 13th, 2019

BAT sees further growth in vaping, e-cigarette products this year

British American Tobacco, the world's No. 2 tobacco company, on Wednesday forecast sales of vaping and e-cigarette products to accelerate in the second half of the year and announced plans to consolidate the business into fewer brands......»»

Category: topSource: reutersJun 12th, 2019

Global economy: IMF cuts China outlook; PMIs put growth in slow lane

The IMF has cut its 2019 economic growth forecast for China to 6.2% on heightened uncertainty around trade frictions. And, as David Pollard reports, new PMI surveys show global growth still struggling to gain speed......»»

Category: videoSource: reutersJun 5th, 2019

World Bank downgrades its forecast for global economy

The World Bank is downgrading its forecast for the global economy in light of trade conflicts, financial strains and unexpectedly sharp slowdowns in wealthier countries......»»

Category: topSource: foxnewsJun 4th, 2019

These Are the World’s Biggest Producers of Waste

The world is drowning in trash, and the waste generation rates are only increasing, according to the World Bank. Due to population growth and urban areas growth, the amount of trash countries produce........»»

Category: blogSource: 247wallstMay 31st, 2019

EU commission cuts growth outlook over trade pressures

The European Union's executive commission has trimmed its forecast for eurozone growth this year and next as uncertainty over trade conflicts and continued weakness in the auto industry hold back output......»»

Category: topSource: foxnewsMay 7th, 2019

Project Syndicate: Why I forecast an acceleration in economic growth while others saw a recession

I thought the Trump tax cuts would have long-lasting effects — plus, some of my colleagues were tainted by politics......»»

Category: topSource: marketwatchApr 29th, 2019

World Bank"s new president skips China"s Belt and Road for Africa trip

Nearly 4.....»»

Category: topSource: reutersApr 26th, 2019

3M cuts 2019 profit outlook on weak China, shares fall 11 percent

Shares of 3M Co fell 11 percent on Thursday after the U.S. manufacturing conglomerate cut its 2019 earnings forecast and said it would lay off 2,000 workers, citing worsening performance in high-growth markets such as China......»»

Category: topSource: reutersApr 25th, 2019

Bank of America warns of slowing growth of net interest

Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations......»»

Category: topSource: reutersApr 16th, 2019

Wells Fargo cuts 2019 net interest income forecast, shares tumble

Shares of Wells Fargo & Co reversed course to trade lower on Friday after the lender cut its 2019 net interest income forecast and said it would not provide a timeline on when a Federal Reserve cap on balance sheet growth will be lifted......»»

Category: topSource: reutersApr 12th, 2019