According to PwC’s report, UK will see a slip in its GDP’s ranking to 11th position in the world’s rankings. US, Japan, Germany, France and Italy has also been pushed down the league table but only UK and Italy lost out on the top ten slot. The same reports also predicted that China will soon overtake United States as the world’s largest economy in 2017. UK at present faces many issues that are being addressed but are they quick enough to make instant changes in the nation’s economy?
The year of 2012 saw one of the biggest scandals in the international banking industry that went unnoticed and was less talked about amidst the Euro Zone crisis. The reason this becomes big now and[…]
The suspense over whether Spain will seek a bailout is getting more clear as there are hints in the market that there could be a bailout deal. Madrid has successfully raised €4.6bn (£3.7bn) which is[…]
The International Monetary Fund on Sunday strongly backed the European Central Bank’s plan to staunch the euro zone debt crisis with unlimited bond purchases, saying it was ready to get involved in designing and monitoring[…]
LOS CABOS,Mexico A group of Finance Ministers and Central Bank Governors form G20. These are from 20 major economies namely: Mexico, India, USA, UK, Turkey, Argentina, South Africa, Saudi Arabia, EU, France, South Korea, China,[…]
Japan faces a history of ten years of repeated recessions followed by stagnation. As a sharp contrast to the stable performance in and before 1980’s, 1990’s was referred to as the “lost decade” by the[…]