Forecast: Here's To Another Unseasonably Mild October Weekend
Pakistan strongly condemns terrorist attacks on Afghan National Army base in Kandahar
Transgender woman 'abuses and penetrates' 10-year-old girl
Cops: Men shouted "Heil Hitler" before firing shot after white nationalist speech
EnLink Midstream Partners, LP (ENLK) Coverage Initiated at Seaport Global Securities
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
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".
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.
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.
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.
Fruit producer selling 'low-fat' avocado
Intrigued? To be fair, avocado fat is generally considered good for you already, particularly in regards to heart health . The company said it's all been possible by growing its avocados in special soil and climate conditions.
$5856: Bitcoin Price Hits New Record High
Some are seeing that the Bitcoin bubble is yet to show more progress before bursting and running towards a downward spiral. There is a rumored bitcoin desk at Goldman Sachs which would be another game changer for the cryptocurrency market.
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).
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.
Hot Stock of the Day: Delta Air Lines, Inc. (NYSE: DAL)
Adjusted pre-tax income for the September 2017 quarter was $1.7 billion, a $182 million decrease from the September 2016 quarter. Following the sale, the executive vice president now owns 77,223 shares in the company, valued at approximately $4,170,042.