French GDP in the first quarter of 2016 increased by 0.5% compared with the previous three months, according to preliminary data the French national statistics Institute Insee. Experts surveyed by Bloomberg expected an increase of GDP by 0.4%. In the fourth quarter of 2015, France’s economy grew 0.3% on the …
Read More »Kudrin made the growth of the economy without painful reforms
Former Finance Minister Alexei Kudrin, who headed the Board of the Center for strategic research, believes that the Russian economy still have the opportunity to return to growth without painful reforms Kudrin admitted that the government delayed the reform, however, in his opinion, there is the possibility of their implementation …
Read More »Oil has spurred the growth of currencies of developing countries
World currency rapidly strengthened against the background of the rally in oil prices since the beginning of April jumped by 50%. The fall of commodity prices over the past year and a half has led to a collapse in the value of currencies in the countries-exporters of oil around the …
Read More »Expect the economy to return to growth
One of the main issues of the agenda scenario conditions and main forecast parameters of socio-economic development of Russia in the years 2017-2019. Their three options – basic, conservative and targeted. Variants differ in the estimations of the main macroeconomic indicators is oil prices, growth in gross domestic product, inflation, …
Read More »Goldman Sachs analysts don’t see the conditions for the growth of oil prices
The rise of raw material prices observed in the markets recently, not linked to fundamental market factors. This opinion was expressed by analysts of the American investment Bank Goldman Sachs. In their view, sustainable environment for high oil prices in terms of balance of supply and demand will not develop …
Read More »Lagarde found the reason for the slow growth of the world economy
The managing Director of the International monetary Fund (IMF), Christine Lagarde said that the global economy is growing at a slow pace due to the fact that not all countries recovered from the crisis of 2008-2009. She stated this in an interview with Le Figaro. “We are forecasting global growth …
Read More »The Russian aviation industry in shock: Stakhanov growth
The Russian aviation industry in shock: Stakhanov growth Today, 09:51 According to the report of General Director of JSC “aviation industry” Victor Kuznetsova, last year the aviation industry in Russia sold products to a record 902,7 billion. According to the head of the company in an interview with the magazine …
Read More »OPEC is waiting for further growth of oil prices in 2016
According to experts of the Organization of countries — exporters of oil (OPEC), the price of black gold in 2016 will continue to grow, aided by a number of factors, such as the decline in production in some regions, as well as the weakening us dollar and strong demand for …
Read More »BofAML expects the price growth for Brent oil to $47 per barrel by mid-year
American Bank of America Merrill Lynch (BofAML) predicts that the price of North sea petroleum mix of mark Brent benchmark by the middle of 2016 could reach $47 per barrel. As was expected the Bank to bring the growth of demand in the market of “black gold”, which this year …
Read More »Economic growth prevents poverty
The world Bank notes that the recession has led to increased poverty, which in turn, inhibits the recovery of the economy The recession negates the significant achievements of Russia in the field of poverty reduction and reduced income, in turn, inhibits the recovery of economic growth. These findings are contained …
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