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KUALA LUMPUR (Bernama): Malaysia's second quarter 2019 gross domestic product (GDP) growth continues to highlight the country's resilience amid the challenging global environment.
BUENOS AIRES (Reuters) - Argentine President Mauricio Macri, smarting from a bruising primary election loss, announced on Thursday an end to sales taxes on basic food products until the end of the year in a bid to salvage his re-election prospects and end an economic crisis.
SPENDING public money is always “fun”, because there’s a lot of it and it comes from other people.
BUENOS AIRES (Reuters) - Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the pain of an economic crisis months before elections, but his announcement failed to halt the peso currency's collapse.
BUENOS AIRES (Reuters) - A resounding victory by Argentina's centre-left opposition leader Alberto Fernández in Sunday's primary election alarmed investors with the prospect he could roll back President Mauricio Macri's business friendly agenda if he wins October's presidential vote.
BUENOS AIRES (Reuters) - Argentine President Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling.
Fears of a major downturn in euro zone powerhouse Germany grew this week following "scary" industrial output figures for June and reports due over the coming week that will hold those concerns up to the light.
With talk of a higher probability of recession, the notion of a depression may be still remote but flaming trade and geopolitical tensions can produce a powerful domino effect.
WASHINGTON: As they look to ease monetary policy, central bankers are also singing from the same songsheet when it comes to government support for their economies. They want more of it.
BEIJING (China Daily): The International Monetary Fund (IMF) released a report on Friday in Washington showing the yuan was broadly stable against the basket of currencies despite the yuan/dollar depreciation.