North Slope crude oil production for the last six months has been trending below levels forecast by Alaska's revenue department, according to production data made available by the department Friday. Production has averaged 513,629 b/d for ...
Tags: Alaska, Oil Production, Mineral
The US Census Bureau and the US Bureau of Economic Analysis,through the US Department of Commerce,reported Friday that total November exports of$182.6 billion and imports of$231.3 billion resulted in a trade deficit of$48.7 billion,up 15.8 ...
Tags: US, Canada, trade deficit
Spot futures are still gravitating towards the 75 cents level and for the past eight sessions the March contract has settled within a very narrow band of less than 100 points,between 74.79 and 75.71 cents/lb. There have been a few ...
Tags: NY futures, cotton, US, vacuum effect, China
UK trade deficit narrowed in November 2012 largely due to exports having risen more than imports, official figures have shown. The seasonally-adjusted deficit on goods and services totalled 3.5bn in November, compared with 3.7bn in ...
Tags: Trade deficit, exports, imports, deficit
In an exclusive and a candid conversation with India Brand Equity Foundation (IBEF), Mr. Anand Sharma, Minister for Commerce, Industry and Textile, Government of India, shared his views on the future outlook on the Indian economy – ...
Tags: FDI policy, India Brand Equity Foundation, IBEF, partners
The Australian dollar was trading lower late today after the country posted its widest trade deficit in nearly five years. The trade deficit for November widened to $2.6 billion from $2.4bn in October, the Australian Bureau of Statistics ...
Tags: Australian dollar, trade deficit, Australia, currency
The Australian dollar's moves yesterday reflected the differing pressures on the currency as a major international bank, HSBC, yesterday expressed concern about its long-term strength. The dollar broke through the $US1.05 level in trading ...
Tags: HSBC, dollar, international bank, Australian dollar
The trade deficit for November widened to $2.6 billion, from $2.4bn in October, the Australian Bureau of Statistics said. That was the biggest monthly shortfall since March 2008 and wider than analysts' expectations of $2.3bn. At 5pm AEDT ...
Tags: trade deficit, Australian Bureau of Statistics, Australia
DATA showing only modest growth in US jobs during December dampened expectations that the Federal Reserve will bring its bond-buying program to an end sooner than expected, weighing on the greenback and helping lift the Aussie dollar in the ...
PTI cited Mr Kaushik Basu CEO of World Bank as saying that India's economy could expand by around 6% in 2013, attributing the current slowdown to global factors. Mr Basu at CD Deshmukh Memorial Lecture said that "It is very-very difficult ...
Tags: economy, global factors, economic growth, exports, imports
It is learned that Brazilian steel sector expecting a relief of its cost structure for 2013, which is able to reduce the deficit registered in 2012. Last year, the federal government released several measures in favor of local steel sector ...
Tags: Brazil, steel sector, cost structure, 2013
An ASSOCHAM report said that the quality of governance, inflation and the government’s fiscal situation will remain the key differentiators in 2013 between India managing to cope up with the global slowdown and further erosion in the ...
Tags: ASSOCHAM, economic, economic situation, industry
Reuters cited Mr Ashraf al-Araby Planning Minister as saying that Egypt's budget deficit in the year to end June 2013 is expected to widen to EGP 200 billion from a EGP 166.7 billion deficit in 2011-12. Egypt's budget, released in July, ...
Tags: Egypt, budget deficit, Egypt economy, finance
Mr P Chidambaram the Union Finance Minister has expressed optimism that the Indian economy will continue to grow at a healthy rate even as the global economies face recession. He said that this is because our economy has strong fundamentals ...
Tags: Indian economy, global economies, savings rate, India
Ukrainian Prime Minister Mykola Azarov said Thursday that the country will aim for an economic growth of over 3.5 percent in 2013,compared with 1 percent in 2012,according to Xinhua.The prime minister made the forecast on the country's ...
Tags: Macroeconomic, Indicators, Crafts