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G20 leaders pledge boost for economic recovery

G20 leaders economy boost

The Group of 20 (G20) leaders have called for more collective action to achieve strong, sustainable and balanced growth that can be universally beneficial for economic recovery. [Read more…]

NISABA, Agribusiness in Sub-Saharan Africa

Louis Dreyfus

Agribusiness in Sub-Saharan Africa – Bamboo Finance, a private equity firm specializing in investing in business models that benefit low-income communities in developing economies and Louis Dreyfus Holding, which owns a controlling stake in leading global agribusiness Louis Dreyfus Commodities, announced today a partnership to launch and jointly manage NISABA, a US$50 million impact investment fund project with a focus on small- and medium-sized agribusiness enterprises (SMEs) in Sub-Saharan Africa. As project sponsor, Louis Dreyfus Holding will invest US$10 million to seed NISABA. [Read more…]

Why Global Economic Growth Is Sluggish

Economic Growth

There’s bullish talk about a coming pick-up in global economic growth, but for the moment, the signals are negative. Trends in the global economy look increasingly ominous. [Read more…]

Bond Yields Fall to a 500-Year Low

Jeffrey Gundlach

Jeffrey Gundlach, the American fund manager who correctly forecast the surge in bond prices this year, contrary to the overwhelming majority of the experts who got it wrong, remains fundamentally pessimistic about economic growth in the US. [Read more…]

Euro Finance

European Central Bank

Euro: Its strength relative to other currencies is “crazy,” says Fabrice Brégier, chief executive of Airbus’s passenger jet business. Europe cannot be “the only economic zone of the world that doesn’t consider its currency… as a key asset to promote its economy.” [Read more…]

World Bank lowers projection

World Bank

Washington – The World Bank on Tuesday lowered its projection for the global economic outlook this year, as developing countries are heading for disappointing growth, while high-income countries are gaining momentum. [Read more…]

World share markets up

euro stock exchange

World share markets climbed closer to record levels on Tuesday on expectations the European Central Bank will extend its easy monetary policy, while gold slipped to a one-month low following upbeat U.S. economic data. [Read more…]

Global Capital Market in doubt

davos forum

Davos – The global capital market, having been spoiled over the years by ample liquidity, may be put to the test with the US Federal Reserve’s tapering of quantitative easing (QE) measures. [Read more…]

World Economic League Table 2013

cebr graphs

The leading economic consultancy Cebr released its annual report The World Economic League Table. The report gives an end of year report on GDP in the 30 largest economies in the world. It also forecasts which countries will be in the ‘Top Thirty’ for 5, 10 and 15 years ahead. [Read more…]

Airbus delivers first A400M

a400m military aircraft

European aircraft manufacturer Airbus has delivered its first A400M military transport plane to France. [Read more…]