Argentina’s economy expanded at a lower rate in the fourth quarter than in the previous quarter due to a slackening in the manufacturing sector and weaker consumer sentiment.
The 2013 budget, penned by Rep. Chris Van Hollen, would institute the Buffet Rule, while suspending emergency war funding and Bush-era tax cuts.
Many banks still do not have enough teeth to tackle fraud, which costs Asia around $1 billion a year, but social media could be a game changer due to the reputational risk, said a top official from business software firm Progress Software Corp (PRGS.O).
Canadian miner Centerra Gold on Tuesday slashed its forecast for 2012 production at its flagship mine in Kyrgyzstan by about a third due to ice movement in the pit, a decline sure to weigh on the fragile economy of the Central Asian state.
Vietnam’s GDP for the first quarter declined to 4 percent from the last quarter growth of 6.1 percent, according to data released by the government.
More than $1 trillion in tax breaks are embedded in the U.S. tax code, but a new report highlights some of the difficulties in eliminating some breaks and finding savings.
General Electric Co. (NYSE: GE) and Nigeria signed an agreement for the U.S. company to build power plants as Africa's most populous nation continues to privatize and expand its power generation capacity, Reuters said Monday.
After calling the recent recovery a puzzle, markets reacted enthusiastically to Fed Chairman Ben Bernanke's pronouncements
Growth is likely to be weak in the near term for New Zealand as the temporary boost from the Rugby World Cup unwinds, according to Capital Economics.
Canada's economy will grow by 2.5 percent this quarter, analysts have said. The economy had expanded 1.8 percent in the fourth quarter of last year.
China Construction Bank , the world's No.2 lender valued at $193 billion, joined smaller rival AgBank in reporting earnings lower than the market had expected as China's slowing growth squeezes its top lenders.
Former U.S. Sen. Rick Santorum of Pennsylvania won the Louisiana presidential primary election Saturday, CNN projected, based on exit polls, but he still trails former Massachusetts Gov. Mitt Romney by a wide margin in the 2012 Republican Party nomination race.
Hungary is expected to turn to some form of default to overcome its current debt problems, according to Capital Economics.
The GDP of Ireland for Q4 declined 0.2 percent, according to data released by the Central Statistics Office on Thursday, which meant that the country has officially returned to recession.
A noticeable progress is seen in the export figures of Japan for February with global economy showing indications of recovery.
Crude oil prices declined in European trade Thursday as sentiment was dampened after reports indicated a sharp slowdown in the Chinese manufacturing activity in March.
The monthly activity data released this week confirmed that Russia’s economy remains in a decent shape, helped by the recent rise in the oil price according to Capital Economics.
Growth in Ecuador may continue to be in the upside in early-2012 as a series of supply shocks and geopolitical risks keep oil prices elevated according to Capital Economics.
Fredde and Mickan own a waterfront mansion in the Stockholm suburbs, hire Polish help and have endless cash to spend on state-of-the-art barbecues and designer labels.
British finance minister George Osborne cut the top rate of income tax while imposing new levies on the wealthy, in a political high wire act designed to rejig the burden of austerity without wavering on plans to erase a huge budget deficit.
Chancellor's 'work-rewarding' Budget keeps markets content but frustrates Labour leader.
The British economy looks set to avoid a renewed recession and the recovery will pick up speed next year, finance minister George Osborne said in his budget statement on Wednesday.
