How Brexit Could Affect Finance, Real Estate And The Global Economy

  As the date for Britain’s exit from the European Union inches closer, the U.K. is in turmoil over how exactly that withdrawal will look. Since July, two high-profile pro-Brexit leaders, David Davis and Boris Johnson, have quit the cabinet and British Prime Minister Theresa May released a white paper outlining the government’s vision for
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India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said, as it suggested the Country to take steps towards more structural reforms. “India now contributes, in purchasing power parity measures, 15 per cent of the growth
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The euro-area economy dispelled hopes of stronger momentum in July, with a slowdown in activity signaling that growth going forward might be sluggish at best. A Purchasing Managers’ Index for manufacturing and services dropped to 54.3, ceding most of the ground it gained in June, IHS Markit said. After the gauge declined in five out
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China must balance steady economic growth and risk prevention at a time external uncertainties are increasing, a statement on a meeting of a high-level government body said on Friday. The State Council Financial Stability and Development Commission (FSDC), headed by Vice Premier Liu He, said more attention needs to be paid to the “transmission” of
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The Union Minister for Commerce and Industry and Civil Aviation, Mr Suresh Prabhu, has said that with the joint efforts of the government, industry and other stakeholders, India will definitely be able to become a $ 5-trillion economy within 7-8 years, adding that it will become a $ 10-trillion economy by 2035. He was speaking
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Global economic activity remains solid but has already passed its peak, according to economists in Reuters polls who expect protectionist policies on trade, which show no signs of abating, to tap the brakes significantly. While trade conflict between the United States and other major trading partners, in particular China, has had only a modest impact
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Mario Draghi welcomed a trade truce between Europe and the U.S. as he pointed to a solid economy that keeps the European Central Bank on track to start raising interest rates sometime after summer 2019. Six years to the day since the ECB president pledged to do “whatever it takes” to save the euro, he
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Protectionism is slowly starting to weigh on the global economy. From demand at factories to company profits and prices consumers are paying, the tit-for-tat trade battle U.S. President Donald Trump started with China and the European Union is starting to show up in numbers. And it’s still early days, with Trump saying Tuesday that “tariffs
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The economy hit the gas pedal in the spring and may have ripped off one of the fastest growth spurts since the U.S. exited the Great Recession nine years ago. Great news, all right, but it won’t mean much without a few encores. Gross domestic product — the official yardstick for the economy — likely
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Officials gathering for Group of 20 meetings in Buenos Aires this weekend will have plenty more crisis fodder than Lionel Messi’s World Cup performance to gab about. We heard growing fears this week that a downturn might be brewing from various corners of the global economy, while central bankers find their place in the policy
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