techkenyot.com
techkenyot.com December 11, 2017


International Monetary Fund raises China growth forecast for 2017 to 6.8 pct

13 October 2017, 10:44 | Glen Norman

China’s Debt Problem Should Not Be Overestimated

Chinese customers shop at one of the Chinese outlets of the U.S.-based Wal Mart stores in Beijing China Thursday Oct. 12 2006

Tunisia is set to reach 2.3% growth by the end of the year, in line with World Bank forecasts, the International Monetary Fund (IMF) has said.

Significantly from a European perspective, strong growth in the eurozone area, along with improved forecasts for China, Russia and Japan, helped to offset slightly gloomier predictions for Britain, the U.S. and India.

The IMF expects Morocco's economy to grow around 4.8% in 2017 and 3% in 2018. "Growth was driven mainly by the services sector (4.0 percent) while industrial output contracted by 6.6 percent and non-manufacturing industries (i.e., phosphate, oil) contracted by 1.9 percent, with extractives below historical levels due to social movements in mining regions".

The IMF also urged Chinese authorities to counter the associated risks by accelerating the "recent encouraging efforts to curb the expansion of credit".

Terrorism threat: France will keep the border controls until 30 April
The Interior Ministry cited fears of a terrorist attack and unbridled migration for the prolonged checks. France said its policy on border checks would stand until April 30 2018.

Its latest World Economic Outlook predicts strengthening economic growth globally, building on healthy data from the first half of 2017.

Projected growth rates for China have been upgraded all the way to 2022, on the assumption that the Chinese Communist Party maintains its current economic policies.

In comparison, China's GDP growth has kept slowing down since 2010 and hit a 26-year lowest with 6.7% last year.

After having estimated in April that Macau would see its real gross domestic product (GDP) grow by 2.8 per cent and 1.7 per cent for this year and next, the International Monetary Fund considers now that the MSAR would register a 13.4 per cent growth this year and a 7 per cent increase in 2018.

Case Keenum expected to start vs. Packers on Sunday
Minnesota Vikings quarterback Sam Bradford's injured knee will keep him from playing against the Green Bay Packers on Sunday. He was sidelined at intermittent portions of the action after tweaking his groin, an injury he also dealt with last season.

The government will publish third-quarter growth data on October 19. If this year's growth does beat 6.7 percent, it would mark the first rebound in seven years.

But it was less optimistic on the country's long-term prospects, citing the shrinking Japanese labour force.

Growth forecasts in the USA, UK and India have been revised downwards.

Reviewing the problems of the Tunisian economy, namely, the low economic growth and a sharp rise in public spending including wages, combined with delays in implementing key reforms, the high unemployment, the WB estimated that the national unity government -a coalition of the main political parties and social partners-was formed a year ago, to tackle the needed reforms, but identifying a first move has proven hard.

Virat Kohli has a given Anushka Sharma a cute name
There even rumors of the couple breaking up, but Virat and Anushka's public appeared out all those rumors to an end. The teaser of the Zee TV Diwali special show has him saying that Nushkie is very honest and there fans have it.



Other News

Trending Now

Bulgarian inflation quickens to 2.1 pct y/y in September
Consumer prices edged up 0.2 percent on a monthly basis in September after edging up 0.1 percent in August, the office said. The dollar index, a measure of the greenback's relative strength against a basket of its chief rivals, fell 0.3% to 92.78.

Prince Harry Honors Princess Diana's Dedication to Improving AIDS Awareness and Education
He added that he believes if she were still here today, she would still be fighting for the rights and lives of HIV/AIDS patience. (...) She felt already a great responsibility to use his fame to bring light to the people and problems that were often ignored.

Nebraska corn crop down 1 percent from 2016
Harvested area was forecast at a record 89.5 million acres, up 1 percent from September and up 8 percent from 2016. Of the acres for harvest, non-oil sunflowers account for 13,000 acres and oil sunflowers account for 48,000 acres.

Spacewatch: SpaceX reuses rocket to launch north American satellite
Successfully placed in orbit, the dual-mission satellite will be shared by Colorado-based EchoStar and SES , a Luxembourg company. The satellite replaces C-band capacity for AMC 18 and Ku-band capacity for AMC 15 at the 105 degrees west orbital slot.

Traders Sell Johnson & Johnson (JNJ) on Strength (JNJ)
CBRE Group, Inc. (NYSE:CBG) has a market cap of $13.23 billion and over the last 12 months, CBG has risen by 45.32%. California-based Granite Investment Prtnrs Ltd Liability Corp has invested 0.1% in Tejon Ranch Company (NYSE:TRC).

Hostess Brands (TWNK) Stake Raised by Schwab Charles Investment Management Inc
Currently Hostess Brands Inc (NASDAQ:TWNK)'s shares owned by insiders are 9%, whereas shares owned by institutional owners are 0%. TRADEMARK VIOLATION NOTICE: This piece of content was first reported by Week Herald and is the sole property of of Week Herald.

Cypress Semiconductor Corporation (NASDAQ:CY)
Retirement Of Alabama owns 115,131 shares. (NYSE:AVP) shares have been seen trading -1.64% away from the 20-day moving average. IFP Advisors Inc increased its stake in shares of Cypress Semiconductor Corporation by 13.3% during the second quarter.

Flexion Therapeutics, Inc. (FLXN): Examining the Technicals
Following the completion of the purchase, the insider now directly owns 5,000 shares of the company's stock, valued at $120,750. The company reported the earnings of $-0.91/Share in the last quarter where the estimated EPS by analysts was $-0.82/share.

Lam Research Corporation (LRCX) Earns Buy Rating from Needham & Company LLC
The Wisconsin-based Convergence Inv Prtnrs Ltd Liability Co has invested 0.37% in Lam Research Corporation (NASDAQ: LRCX ). Dowling Yahnke Ltd Llc invested in 164,351 shares or 0.96% of the stock. 37 funds opened positions while 93 raised stakes.

Lovable genius Austin Rogers' reign on 'Jeopardy!' comes to an end
No matter what happens, fans won't have to wait long to see him again, as he'll be back on November 6 for the Jeopardy! The 12-day winning streak for a charismatic " Jeopardy! " contestant came to a close on Thursday night.