Tag: emerging economies

• Saturday, July 27th 2019 - 09:39 UTC

  BRICS' ministerial summit can't agree on Venezuela, despite “people's cries for freedom”

  

  Brazil's Foreign Minister Ernesto Araujo on Friday pleaded with the country's partners in the BRICS group of emerging economies to heed the “cries” of Venezuelans and work together to end the crisis.

• Saturday, September 22nd 2018 - 07:08 UTC

  Trichet: Brexit will hit harder the UK than the EU, and “it is totally contrary to the new world”

  

  Brexit will have a bigger economic impact on the UK than the European Union, the former head of the European Central Bank has told BBC Radio 5 Live. Jean-Claude Trichet added the break-up was “totally contrary to the new world” of large emerging economies, with single currencies and single markets.

• Tuesday, July 24th 2018 - 04:28 UTC

  IMF underlined financial pressures risks for vulnerable emerging economies

  

  The IMF urged that trade conflicts be resolved via international cooperation, without resorting to exceptional measures, and underlined the world economy is facing increasing risks especially financial pressures in vulnerable emerging economies and the return of sovereign risks in parts of the Euro area.

• Thursday, June 12th 2014 - 06:53 UTC

  World manufacturing on the upturn but fragile in emerging economies

  

  World manufacturing is in a phase of steady growth due to the improved financial condition of industrialized countries, especially in Europe, and China’s continued growth, the United Nations reported on Wednesday.

• Wednesday, October 31st 2012 - 20:51 UTC

  India/Brazil with highest government debt/GDP ratios among leading emerging economies

  

  India and Brazil have the highest government debt ratios at almost 70% of GDP among top ten emerging market economies, according to a report by Deutsche Bank.

• Tuesday, November 1st 2011 - 21:12 UTC

  Latin America will demand at G20 summit greater voice for emerging economies

  

  The Latin American block arrives this week at the G20 summit in Cannes with a consensus spearheaded by the strong political standing of Brazil in global affairs and with criticisms to the way in which the European Union and the US are managing their respective “crises”.

• Wednesday, July 27th 2011 - 03:41 UTC

  Global demand for oil will increase in 2012 driven by emerging economies

  

  Global oil demand will increase further next year, the International Energy Agency (IEA) has predicted. The IEA, which represents the main oil consuming nations, said the increase in crude usage would continue to be driven by emerging economies.

• Thursday, June 9th 2011 - 00:54 UTC

  Bernanke argues strong demand for commodities is depressing US dollar value

  

  US Federal Reserve rejected criticism that its actions (‘accommodative monetary policy’) have pushed down the foreign exchange value of the US dollar and thereby boosted the price of commodities, adding that the Fed is “fully committed” to maintaining the dollar’s purchasing power and to keeping inflation in check.

• Saturday, May 28th 2011 - 07:24 UTC

  Even if US tightens liquidity, hot money to emerging economies will continue

  

  Capital flows to emerging markets won’t significantly slow when the US Federal Reserve ends its bond-purchasing program known as quantitative easing, said Olivier Blanchard, chief economist at the IMF.

• Monday, May 16th 2011 - 03:14 UTC

  Brazil, India current account deficits leads to ‘inevitable’ crisis warns China

  

  China will be able to avoid a financial crisis that is due to hit other developing countries over the next five to 10 years a central bank adviser was quoted as saying on Saturday.