Iran’s economic growth would outperform most of the Middle East and North Africa (MENA) countries in 2016 when sanctions fall, according to a Washington-based global banks association, Institute of International Finance (IIF), on Sunday.
China National Corporation for Overseas Economic Cooperation (CCOEC) is set to invest 2.15 billion U.S. dollars in Mexico’s energy sector, it was announced at a bilateral trade forum which ended in Mexico City on Thursday.
13(Xinhua)–China National Corporation for Overseas Economic Cooperation(CCOEC)is set to invest 2.15 billion U. The plant”will be built over three different stages of 500(MW)each,”Durango’s Secretary of Economic Development Ricardo Navarrete Gomez told Xinhua.
The People’s Bank of China, the central bank, welcomed on Saturday a statement made by IMF chief Christine Lagarde recommending inclusion of Chinese yuan in Special Drawing Right(SDR) currency basket.
The year-on-year rise,Istat noted,was the highest since the second quarter of 2011.Yet the 0.2 percent growth was lower than the 0.3 percent expected following a 0.3 percent increase in the April-June period and a 0.4 percent rise in the January-March one e.
U.S. stocks declined for a third straight session Friday, as investors meditated on generally downbeat economic data and disappointing earnings reports.
The total debt of Spanish banks to the European Central Bank (ECB) rose by 2.4 percent from September to October, according to provisional data published Friday by the Bank of Spain.
Oil prices fell Friday as market expected global supplies to exceed the demand.
The “Xinhua Silk Road” information platform, an international economic information hub, will boost the synergy between China’s “Belt and Road” initiative and the investment plan in the European Union (EU) — the Juncker Plan in Europe, a European Parliament official said Thursday.
The Australian dollar is slightly lower though trading within a tight range in a relatively quiet night for all forex traders, despite ongoing weakness in commodities.