global economy

G20 says worsening trade wars pose risk to world economy
World

G20 says worsening trade wars pose risk to world economy

The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy, after…
US leaves door open to China on trade talks at G20
World

US leaves door open to China on trade talks at G20

The United States is open to further negotiations with China on their ongoing trade battle but any potential deal will…
OECD cuts global growth forecast as US-China tensions rise
World

OECD cuts global growth forecast as US-China tensions rise

The OECD on Tuesday cut its forecast for the world economy, urging governments to resolve their trade disputes as the…
OECD cuts global growth forecast over trade, Brexit uncertainty
Economy

OECD cuts global growth forecast over trade, Brexit uncertainty

Trade tensions and political uncertainty including Brexit are weighing on the world’s economy, the OECD warned Wednesday as it again…
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Economy

Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report

  Over the past few years, Egypt has seen remarkable domestic demand particularly in private consumption, which estimates that the…
Global economy in 2019: Growth beginning to fray
Economy

Global economy in 2019: Growth beginning to fray

American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest…
Financial experts opine about decline in pound rate against US dollar
Business

Financial experts opine about decline in pound rate against US dollar

The average official exchange rate of the US dollar against the Egyptian pound in the Central Bank of Egypt (CBE)…
China says trade war with US will only bring disaster to global economy
World

China says trade war with US will only bring disaster to global economy

Any trade war with the United States will only bring disaster to the world economy, Chinese Commerce Minister Zhong Shan…
IMF expects Egypt’s growth to reach 5.3% in 2019
Business

IMF expects Egypt’s growth to reach 5.3% in 2019

The International Monetary Fund (IMF) expects Egypt’s growth rate to reach 5.3 percent with inflation falling to 13.5 percent by…
U.S. economy slowed less than expected in first quarter; outlook cloudier
Economy

U.S. economy slowed less than expected in first quarter; outlook cloudier

The U.S. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending…
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