Economic Recovery – World Economic Magazine

World Bank revises up 2021 GDP forecast for Western Balkans to 5.9%

The World Bank on Thursday revised up its forecast for the economic growth of six countries of the Western Balkans to 5.9% in 2021 after a 3.1% contraction in 2020 due to the COVID-19 pandemic, but cautioned that recovery remains fragile.

World Economic Magazine
October 21, 2021

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European business growth hurt by supply issues, pricing in Sept -PMIs

LONDON, Oct 5 (Reuters) – Business growth across Europe remained strong last…

World Economic Magazine
October 7, 2021

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Business

Japan cuts economic view on weaker production, spending due to COVID revival

Japan cut its economic view for the first time in four months as a surge in COVID-19 cases disrupted manufacturers’ global supply chains and dampened consumer confidence.

World Economic Magazine
September 16, 2021

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Indonesia Aug exports, imports seen staying strong on resources boom

Indonesia’s exports and imports likely continued to surge in August, driven by high prices of the country’s main commodities like coal and palm oil, a Reuters poll showed on Tuesday.

World Economic Magazine
September 14, 2021

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Along with Covid-19, Vietnam’s largest city proposes a re-start of the economy!

Ho Chi Minh City, Vietnam’s coronavirus epicenter, plans to loosen the strict…

World Economic Magazine
September 5, 2021

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Oil rises on declining inventories and weaker dollar

Oil prices edged higher on Thursday, supported by a sharp decline in U.S. crude stocks and a weaker dollar, though gains were capped by an OPEC+ decision to stick to its policy of gradually increasing output.

World Economic Magazine
September 2, 2021

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Japan’s July factory output slips as COVID-19 hits car production

Japan’s industrial output shrank in July as car production took a hit from a coronavirus resurgence in Asia that has cast doubt over the recovery in the world’s third-largest economy.

World Economic Magazine
August 31, 2021

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Euro zone Aug economic sentiment eases but selling price expectations at record high

Euro zone economic sentiment has eased more than expected in August from a record high in July, hit by a sharp drop in optimism in France and the Netherlands, while selling price expectations in industry peaked, signalling inflationary pressure.

World Economic Magazine
August 30, 2021

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China tightens scrutiny on $9.3 trillion fund industry

China’s top securities regulator pledged on Monday to crack down on mismanaged private funds and weed out fake ones, as the government becomes more assertive in dealing with an industry worth 60 trillion yuan ($9.28 trillion).

World Economic Magazine
August 30, 2021

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Japan’s retail sales extend gains but COVID-19 challenges persist

Japan’s retail sales rose for a fifth straight month in July, beating expectations as the consumer sector continued its recovery, although a coronavirus resurgence has cast doubts over the spending outlook.

World Economic Magazine
August 30, 2021

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