UK Economy: UK on the Precipice of Recession
London, 6 Aug 2008. The latest UK economic data from the Office for National Statistics (ONS) continues to be gloomy, and points the way to a recession could kick in this year. If the economy does contract this quarter as most analysts expect, it would be the first time it has done so since 1992.
World Economy: Where Now for WTO World Trade Talks
New Delhi, 5 Aug 2008. After the break up come the recriminations. The World Trade Organization (WTO) Doha Round trade talks in Geneva had been billed as a last ditch effort to save the talks. When they failed, fingers were pointed.
Energy: The Price of Oil
London, 1 Aug 2008. Crude oil has dropped from its mid-July high of $147 to $123 as of 1 August 2008. Is this merely a Fibonnaci Correction on the way to ever higher prices, or has the air been let out of the oil-dot com bubble?
EconomyWatch Special Report - Surge of Interest in Methods of Reducing Petrol and Gasoline Costs
Sky high oil prices are leading to a lot of innovation in the world of energy efficiency, with new methods to extract hydrogen from water and mix it with petrol & gasoline attracting a lot of attention.
Latin America Economy: Latin Amercian Growth Slowing - But Still a Safe Haven for Investors
Rio de Janeiro, 28 July 2008. Latin American growth is slowing thanks to rising inflation, with the causes of its economic growth over the last few years threatening to derail its efforts. It remains attractive as a region to investors, however, thanks to its positive carry trade.
Japan Economy: Japan Exports Fall for First Time in Five Years
Tokyo, 25 Jul 2008. Amid further worrying signs of a global slowdown, Japan's export figures have fallen for the first time in five years, led by big drops in US and European orders.
Vietnam Economy: Vietnam Grapples with 27% Inflation Rate and Collapsing Markets
Hanoi, 24 Jul 2008. Vietnam is battling with 27% annual inflation and a stock market that has fallen 47% this year alone.
Indian Economy: Update - History Will See This as a Crucial Milestone for India
New Delhi, 23 Jul 2008. Prime Minister Manmohan Singh has won the No Confidence vote. Despite the sully of vote buying allegations, being able to push through the US-India Nuclear Deal is a milestone.
Archive: Chinese Economic Growth Slows - But Still Over 10%
Shanghai, 18 July 2008. China's economic growth has slowed to 10.1% in Q2 2008 - a problem that most governments in the world would love to have right now.
Archive: Indian Inflation Rate Through the Roof
New Delhi, 15 July. Indian inflation, as measured by the Wholesale Price Index, has reached 11.89%, almost three times the RBI's target and the highest figure in 13 years.