New blogger Andrew Barnett takes us through the next few months in world currency markets to better prepare exporters for what’s to come.
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With the global economy in turmoil, a new report by Coface examines what’s happening in China and how that might affect Australian exporters.
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These are the words of Marcus Svedberg, Chief Economist of East Capital who made his first ever visit to Australia this week to meet with potential and existing investors.
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A leading economist at the Organisation for Economic Co-operation and Development (OECD) warns that chances of a second global recession are strong. “There are many icebergs the ship has to negotiate before we’re out of jail here. This is going to be a 10-year process, not a one year process,” said deputy director of the [...]
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According to the federal statistics office, Germany’s trade surplus soared by 12 percent in July with exports gaining 2.3 percent from the previous month.
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Official data published on Tuesday has shown Finland has entered into the deepest recession in the eurozone with its economy shinking to a record 9.4 percent in the second quarter on a 12-month comparison.
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A World Bank report has shown that in light of the recession, a record of 131 economies have reformed business regulation in the fiscal year ending in May.
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The United Nations Conference on Trade and Development (UNCTAD) has dismissed the current financial market rebound as not a “real recovery”, believing any economic world growth in 2010 is unlikely to exceed 1.6 percent.
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Budget airlines around the world have recorded gains as travellers continue to book flights, albeit with tighter purse-strings. Low-cost air carriers including AirAsia and Ryanair have added routes and bought new planes, while more established airlines British Airways and Cathay Pacific have recorded losses. “Business is booming as people are looking for value,” said Tony [...]
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The global economy is in a fragile state and an economic recovery for the UK cannot be taken for granted, said British Prime Minister Gordon Brown at his monthly press conference yesterday. “There’s no room for complacency, the world economy remains fragile, economic recovery cannot be taken for granted either here or abroad,” he said. [...]
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