Great Recession in Europe

News

Debt Stock To Reduce Slightly By End of Year

Vice President, Dr. Mahamudu Bawumia has stated that Ghana’s debt stock is declining contrary to assertions that it...

Headlines

US Inflation Flat In June While Retail Sales Sink

Cheap energy prices kept US inflation flat in June in another sign price pressures remain weak in the world's largest...

Headlines

Trump Bullish On ‘blazing’ Economy But Whose Recovery Is It?

As he rubs shoulders with leaders of the world's other major economies, Donald Trump is in a bullish mood about the US...

News

Moody’s Predicts Acceleration In Ghana’s ‘real’ GDP For 2017, 2018

Ghana’s B3 credit rating and stable outlook reflects its strong economic growth outlook and reduction in external...

Headlines

US First Quarter Growth Revised Up To 1.4%

The US economy grew slightly faster than originally reported in the first three months of the year, on stronger...

Headlines

US Consumer Confidence Rises In June

US consumer confidence rose slightly this month, returning to near-record highs after a modest dip in May, according to...

Headlines

Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

Headlines

Gasoline Prices Drag Down US Inflation, Retail In May

Falling US gasoline prices drove inflation and retail sales down in May, defying expectations and raising more...

Headlines

South Africa In Recession As Economy Shrinks 0.7% In Q1

South Africa's economy contracted in the first quarter of this year, pushing the continent's largest economy into its...

Headlines

US First-Quarter Growth Revised Up Sharply To 1.2%

The US economy grew much faster than originally reported in the first quarter due to sharp increases in business and...

Business

Fitch Lauds Progress In the Ghanaian Economy

Ratings agency Fitch has lauded government’s efforts in getting the economy back on track after a recent ‘crisis’...

Business

Fitch Upgrades Ghana’s Economic Outlook From Negative To Stable

International ratings agency Fitch has revised the outlook on Ghana’s long-term foreign and local currency Issuer...

Headlines

US Inflation Edges Higher In April

US inflation edged higher in April, reversing the previous month's surprise drop, the Labor Department reported on...

International

German Economic Growth Speeds Up

Higher consumer spending has helped to boost growth in the economy Germany's economy grew strongly in the first three...

Headlines

US Wholesale Prices Rebound Sharply In April

Mounting services costs drove up US wholesale inflation in April, with the annual measure hitting its fastest pace in...

Headlines

US Growth Hits 3-Year Low At 0.7% In Trump’s 1st Quarter

US growth slowed to its lowest level in three years in the first quarter as consumer spending and government...

Business

March Producer Inflation Inches Up To 6 Percent

The year-on-year Producer Price Index (PPI) for March 2017 increased from 5.4 percent in February to 6 percent in...

Headlines

US Durable Goods Orders Post Slower Rise In March

US aircraft sales forged higher in March, helping drive up orders for manufactured goods, but the pace of growth slowed...

Headlines

US Growth Revised Higher For End of 2016

The US economy grew slightly faster in the last three months of 2016 than originally reported, but still experienced a...