EMerging Equity
GDP growth
Greek Economy Unexpectedly Expands In Q2
“Greece’s economy grew in the second quarter in a surprise surge just before the standoff between the government and its creditors forced officials to impose capital controls,” Bloomberg reports. Greece’s GDP grew 0.8% in Q2, according to The Hellenic Statistical Authority. The growth came as a surprise to Bloomberg-surveyed analysts, who were expecting to see a … Continue reading
BRICs Should Move To Single Market, Create Tools For Global Economic Control, Chinese Official Says
The BRICs grouping of emerging market nations — Brazil, Russia, India, China, and South Africa — should move toward a single trade and economic market, in addition to creating and promoting projects and tools for global economy control, Zhang Dejiang, the Chairman of the Standing Committee of China’s National People’s Congress (NPC), said during the first-ever BRICs Parliamentary Forum … Continue reading
GDP Of BRICs To Surpass G7 In Two To Three Years, Senior Russian Official Says
The combined gross domestic product (GDP) of the BRICs grouping of emerging market nations — Brazil, Russia, India, China, and South Africa — will exceed that of the Group of Seven (G7) member states in the next two to three years, a senior Russian official said Monday during the first-ever BRICs Parliamentary Forum in Moscow. “In 2014, … Continue reading
China’s GDP Growth Overstated By 1-2% Due To Calculation Glitch, Capital Economics Says
China’s gross domestic product (GDP) growth is being overstated by 1 to 2 percentage points due to a glitch in the way it is being calculated, according to estimates from Capital Economics, the Financial Times (FT) reports on Sunday. According to the estimates from Capital Economics, this would mean China, the world’s second-largest economy, had only grown by … Continue reading
Kazakh Growth Seen Falling Rapidly At Oil Price Below $80/B In 2015
By BNE IntelliNews Oil-dependent Kazakhstan will see a “fairly rapid” fall in GDP growth in 2015 should the price of crude fall below $80 per barrel in 2015, according to Moscow-based investment bank Renaissance Capital. In Kazakhstan, the share of energy in total exports is very high, standing at more than four-fifths of total exports in 2013 … Continue reading
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