The International Monetary Fund (IMF) on Tuesday raised alarm of Djibouti's continuing public debt and budgetary deficit. "Expenses relating to public investments have exerted considerable pressure on the budget and external debt," IMF ...
Tags: IMF, Public Debt, Budgetary Deficit
The Chinese government's leading think-tank has released a new study downplaying concerns about the level of debt being held by local governments, suggesting that more spending needs to take place to cope with social issues. On the heels ...
Tags: People's Livelihoods
Scientists are tapping into photographs taken by astronauts aboard the International Space Station (ISS) to reliably measure the amount of light pollution worldwide. This study not only includes the well-known signatures of cities and ...
The World Bank’s East Asia and Pacific Economic Report April 2015 paints a favourable picture for Vietnam. According to the report, medium term projections reflect gradual improvement in GDP growth and macroeconomic stability ...
Tags: Vietnam's Growth, GDP growth
Eastman Chemical Company has entered into a definitive agreement with Taminco Corporation under which Eastman will acquire Taminco, a global specialty chemical company. Under the terms of the agreement, Taminco stockholders will receive ...
Russian metallurgical companies do not expect problems with debt refinancing because of the worsening geopolitical situation and the threat of the new sanctions against Russia, according to the results of a survey carried out by Russian ...
Tags: Steelmakers, Evraz
An average 2014 oil price of $81/b for Saudi export crude, or about $85/b for Brent, is likely to be needed for Saudi Arabia to balance state revenues with government spending in the coming year as oil production declines to 9.3 million ...
Tags: Balance Budget, Oil Output
Darling International, a US-based provider of rendering and bakery residuals recycling solutions, is set to acquire Vion Ingredients, a division of Vion Food, for approximately EUR1.6bn. Vion Ingredients is engaged in the development and ...
Tags: Vion Ingredients, Food
The US economy is unlikely to fall back into a recession, despite the March 1 sequester, because a revival in the private sector is likely to offset the fiscal drag of public spending cuts, according to EFIC's latest issue of World Risk ...
The international rating agency Fitch has downgraded Italy's long-term rating to 'BBB+' from 'A-'. The outlook on the long-term issuer default rating (IDR) is negative. According to Fitch’s press release, the inconclusive results of ...
Tags: Fitch, rating agency, long term rating
The Export Finance and Insurance Corporation (EFIC) says caution is still warranted on the global economic outlook . In the latest issue of its World Risk Developments report, EFIC cites risks in the US and the euro area as “a ...
The specialist for measurement and automation engineering is in fine fettle in its 60th year: the family-owned company has just welcomed its 10,000th employee. In the last year alone, over 500 jobs were created worldwide. A global ...
Tags: Endress+Hauser, 60th Anniversary, measurement, automation engineering
Lasers & Photonics Marketplace Seminar hears cautious but positive forecasts. Growth in global sales of lasers and laser systems this year will range from flat to only a modest improvement of a few percentage points, according to ...
Metinvest BV the parent company of the international vertically integrated steel and mining group of companies announced that its subsidiary, Metinvest Trametal SpA had repaid ahead of schedule the remaining EUR 107.5 million of a 7 year ...
Tags: Metinvest BV, steel, mining, purchase, fixed assets, shares
Over the past few years much has been said about the amazing economic and industrial growth achieved by China.Let's be honest,China's growth has been absolutely remarkable and is the envy of the world.In 2010 China became the world's ...
Tags: China, Remarkable, Growth, Clay