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OECD warns of pervasive global economic slowdown

Future CFO

OECD warns of pervasive global economic slowdown, projecting growth at a modest 3% this year before slowing further to just 2.2% The revision is well below the pace of economic growth projected prior to the war and represents around US$ 2.8 trillion in foregone global output in 2023, OECD said in its interim economic outlook.

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Growth And Restructuring: Q&A With Mongolia’s Central Bank Governor Byadran Lkhagvasuren

Global Finance

Byadran Lkhagvasuren, governor of the Bank of Mongolia, speaks to Global Finance about the country’s growth prospects and its pursuit of sustainable economic development. Global Finance: What is Mongolia’s economic growth outlook for 2024-2025? Byadran Lkhagvasuren: The Mongolian economy grew by 5.6%

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Fed Report: 2020 Closes Out With Slight Economic Uptick 

PYMNTS

economy posted slight gains in the pandemic year of 2020, after closing the books on what was one of the most dismal economic fallouts in history, according to the Federal Reserve’s Beige Book report on Wednesday (Jan.

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Private-Sector Job Openings Remain High Despite Falling in October

CFO News Room

The industries with the highest openings are education and health care (2.172 million), professional and business services (1.794 million), trade, transportation, and utilities (1.644 million), and leisure and hospitality (1.578 million). Bob has a MA in economics from Fordham University and a BS in business from Lehigh University.

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Africa’s Chinese Trade Tie-Up

Global Finance

Angola now owes China approximately $20 billion, mostly on energy and transportation projects. Accordingly, China’s involvement in Africa goes beyond trade, encompassing a mix of economic investments, geopolitical strategies, and local challenges. Ethiopia’s debt to China stands at around $13.5

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Global economic recovery lost momentum in Q3

Future CFO

Global economic recovery lost momentum in Q3 2021 though overall confidence and orders remained at high levels across regions, said ACCA and the Institute of Management Accountants (IMA) recently when releasing results of the latest Global Economic Conditions Survey. . Survey highlights.

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Bangladesh may need Indian help to manage economy

CFO News

This dependence is evident in sectors like transportation, irrigation, and energy, with Bangladesh importing 1,160 MW of power from India. Experts suggest this reliance, while fostering growth, also exposes Bangladesh to economic vulnerabilities.