BOE’s McCafferty says more rate cuts on way if economy worsens
Bank of England policymaker Ian McCafferty said more quantitative easing was likely to be required if the U.K.'s…
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Economy
Fed’s Powell urges patience on U.S. rates, citing growth risks
The U.S. economy is at increasing risk of becoming trapped in a prolonged phase of slow growth that points to the…
Britain’s May pledges to help boost Egypt’s economy
Britain's new Prime Minister Theresa May has pledged that the UK would work towards propping up Egypt's ailing…
China is hit by recession as growth increases 10 %
The long-feared Chinese hard landing has become a reality in rustbelt Liaoning.The northeastern province, ground…
A new draft law to grant investors temporary residence permits in Egypt
Egypt says it has sent a draft law regulating the residency of foreigners upon which investors can obtain…
Goldman Sachs says UK midcaps vulnerable after rebound
Goldman Sachs strategists said domestic-facing UK midcap .FTMC stocks are not fully reflecting the worsening in the…
Cabinet has not lost faith in economy, confident it will get better: Egyptian Minister
Egyptian Minister of Finance Amr El-Garhy said that the financial plan aims to initiate development, ensure there…
Fed’s Dudley urges caution on rate hikes, cites risks to U.S.
The Federal Reserve should be cautious on interest rate increases due to lingering risks to the U.S. economy, one…
Don’t panic, Nigerian central bank governor says, as bank shake-out looms
Breaking the central bankers' taboo on use of the 'p-word', Nigeria's Godwin Emefiele is urging people not to panic…
Pressure for BOJ easing intensifies as economy minister urges action
Political pressure on the Bank of Japan to expand stimulus on Friday is intensifying with the economy minister…
