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Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

Airbus Restructures; IMF Sees Asia Pain Persisting: Virus Update

(Bloomberg) -- Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs worldwide as it attempts to steer...
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UAE economy growth

UAE Economy Will See 3.3 Per Cent Growth in 2021: IMF

International Monetary Fund's (IMF) World Economic Outlook predicts that the UAE economy will grow 3.3 per cent in 2021, even as it expects a...
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Coronavirus Impact: IMF Could Reduce Global Economic Growth Forecast

Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19)...
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IMF Trims Global Economic Outlook, But Tones Down Risk Warnings

(Bloomberg) -- The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid...
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Too Much Finance Can Make Inequality Worse: IMF Researchers

(Bloomberg) --The expansion of financial services in an economy can reduce income inequality -- but beyond a certain point it tends to have the...
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Middle East risks

Aramco, Lebanon, Gulf Oil: A Guide to Middle East Risks in 2020

(Bloomberg) --If 2019 was the year when a clutch of Middle East markets burst into the mainstream, then 2020 will test whether the foreign...
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World Economy Haunted by Risk Just Got a Double Shot in the Arm

(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...
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globalization

A Pivotal Week Confronts Emerging Markets as Traders Look to 2020

(Bloomberg) --It may come down to the will of central banks, trade negotiators and voters this week to set the tone for emerging markets...
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The Way Out for a World Economy Hooked On Debt? More Debt

(Bloomberg) -- Zombie companies in China. Crippling student bills in America. Sky-high mortgages in Australia. Another default scare in Argentina. A decade of easy money...
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Egypt wealth fund seeks Gulf partners to lure investments

(Bloomberg) --Egypt’s sovereign wealth fund is looking to more oil-rich Gulf countries to drum up foreign investment, as the Arab world’s most populous nation...
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