International Monetary Fund positive on global economic prospects

International Monetary Fund positive on global economic prospects

The International Monetary Fund (IMF) has delivered an unusually upbeat assessment of the prospects for the global economy, with worldwide growth now at its strongest rate in seven years.

The IMF expects Morocco's economy to grow around 4.8% in 2017 and 3% in 2018.

"The picture is very different from early a year ago, when the world economy faced faltering growth and financial market turbulence", said Maurice Obstfeld, director of the research department for the International Monetary Fund, at a press conference to release the October 2017 World Economic Outlook report.

"The global recovery is continuing, and at a faster pace".

The report considered that "notable pickups in investment, trade, and industrial production, coupled with stronger business and consumer confidence" were supporting more positive growth predictions than earlier in the year to the "euro area, Japan, China, emerging Europe and Russia".

Its latest World Economic Outlook predicts strengthening economic growth globally, building on healthy data from the first half of 2017. The nature of that upswing puts the current one in an even better light.

Sask. RCMP arrest 1 man connected to shooting, carjackings near Edmonton
Maidstone RCMP said one man was arrested Thursday morning in the Maidstone, Saskatchewan area, and was in custody that afternoon. The individual was conscious with non-life-threatening injuries and was transported to the Royal Alexandra Hospital and treated.

Game Boy could be latest classic console to return, Nintendo trademark suggests
The tweet was sent out a week ago, but the news didn't break until the Japanese news site Rocket News 24 reported on it yesterday. recently discovered that a trademark for the Game Boy was filed in Japan.

CASI Pharmaceuticals, Inc. (NASDAQ:CASI) Signals 'Overbought' Based on Its RSI
On a one to five ratings scale where 1.0 indicates a Strong Buy, 2.0 indicates a Buy, 3.0 a Hold, 4.0 a Sell and 5.0 a Stong Sell. CASI Pharmaceuticals, Inc .'s beta is 0.94 whilst the stock has an average true range (ATR) of 0.33. (NasdaqCM: CASI ).

Reviewing the problems of the Tunisian economy, namely, the low economic growth and a sharp rise in public spending including wages, combined with delays in implementing key reforms, the high unemployment, the WB estimated that the national unity government -a coalition of the main political parties and social partners-was formed a year ago, to tackle the needed reforms, but identifying a first move has proven hard. However, those figures remain below the IMF's April projection of 2.3% for 2017, and 2.5% for 2018.

The IMF lowered India's forecast growth to 6.7 percent from the 7.2 percent predicted in July.

"For policymakers, the welcome cyclical pickup in global activity provides an ideal window of opportunity to tackle key challenges - namely to boost potential output while ensuring its benefits are broadly shared, and to build resilience against downside risks", the Outlook reads.

China's booming economy continues to propel Asia and drive worldwide economic growth.

"These economies are diverging rather than converging", said the report, "going against the more benign trend of declining inequality between countries due to rapid growth and dynamic emerging economies like China and India".

Related News:

  • Valeant Pharmaceuticals International, Inc. (VRX) Lowered to Hold at Vetr Inc

    Valeant Pharmaceuticals International, Inc. (VRX) Lowered to Hold at Vetr Inc

    On Thursday, May 11 DE SCHUTTER RICHARD U bought $278,000 worth of Valeant Pharmaceuticals Intl Inc (NYSE:VRX) or 20,000 shares. Sell-side analyst recommendations point to a short term price target of $29 on the shares of Matador Resources Company (MTDR).
    Tamil Nadu Government reduces entertainment tax for Cinemas to 8%

    Tamil Nadu Government reduces entertainment tax for Cinemas to 8%

    Speaking to reporters here the official, Vishal , said the decision on tax reduction follows a meeting of Chief Minister K. I don't think people would mind paying Rs 8 in addition to a Rs 100 ticket.
    Middle-earth: Shadow of War Denuvo protection cracked in a day

    Middle-earth: Shadow of War Denuvo protection cracked in a day

    As reported by DSO Gaming , the anti-tamper ware has already been cracked just a day after the game launched to the world. And since this tech is unable to protect - and guarantee - the first week sales, it's entirely worthless.
  • Several hurt in protests as Kenya election officials mull next move

    Several hurt in protests as Kenya election officials mull next move

    Doctor Juliana Otieno at the Jaramogi Oginga Odinga Hospital - named for Odinga's father - said three patients had been admitted with gunshot wounds.

    A Few Positives and Negatives for Applied Materials, Inc. (AMAT)

    The firm earned "Hold" rating on Thursday, November 12 by Canaccord Genuity. (NASDAQ:AMAT) on Friday, August 19 with "Buy" rating. After $0.86 actual EPS reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 4.65% EPS growth.
    Chartwell Investment Partners LLC Sells 10000 Shares of American Express Company (AXP)

    Chartwell Investment Partners LLC Sells 10000 Shares of American Express Company (AXP)

    Currently, 181.9 million total shares are owned by the public and among those 180.66 million shares have been available to trade. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of American Express by 30.4% in the second quarter.
  • 'Sausage Party's' Conrad Vernon to Direct Animated 'Addams Family' Movie

    Sausage Party , which he co-directed by Greg Tiernan, was a raunchy surprise hit that grossed over $140 million worldwide. Of course, the show also featured the disembodied hand known as Thing and the hair-covered creature called Cousin Itt.

    Stifel Financial Corp Has $2.93 Million Stake in Targa Resources, Inc. (TRGP)

    Guggenheim Cap Limited Liability Co invested in 0.04% or 349,264 shares. (NYSE:NI). 53,291 are owned by Ngam L P. Cushing Asset Management Lp decreased Targa Res Corp (TRGP) stake by 12.12% reported in 2017Q2 SEC filing.

    Great Plains Energy Inc - GXP - Stock Price Today

    The average Wall Street analyst rating for Great Plains Energy Incorporated is Hold, according to the average of 9 analyst scores. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink .
  • Real Madrid are better - Simeone goads Barca ahead of Atletico clash

    Real Madrid are better - Simeone goads Barca ahead of Atletico clash

    They do not get exhausted ". "But we have been more forceful in the Champions League and let's hope we can end that run in LaLiga".
    Toxic fumes cause evacuation of EU's new 'space egg' building

    Toxic fumes cause evacuation of EU's new 'space egg' building

    As a precaution, all of its occupants were invited to win a nearby building. "There was a bad mix of chemicals at kitchen level". The European Council said a "technical issue" with the ventilation had let to it "producing noxious fumes in the kitchens".
    Luenell Is Happy Nene Leakes Was Dropped From Tour For 'Rape Joke'

    Luenell Is Happy Nene Leakes Was Dropped From Tour For 'Rape Joke'

    She and Tiny have been friends for years, she's hurt that her dear friend doesn't have more loyalty'. The statement continues: "As strong supporters of all women, we know this decision is what is best.

Most liked

The market capitalization of Kinder Morgan, Inc. (KMI) is at $41.55 Billion
It fall, as 19 investors sold CRTO shares while 55 reduced holdings. 25 funds opened positions while 30 raised stakes. The stock of Criteo SA (ADR) (NASDAQ:CRTO) has "Outperform" rating given on Monday, September 21 by Cowen & Co.

Bobby Deol on joining Salman Khan's film!
Producer Ramesh Taurani and Bobby have worked together in "Soldier", "Naqaab" and are all set to rekindle their collaboration. Bobby Deol will finally be seen in a major movie after a huge gap in Salman Khan starrer Race 3 .

Adrien Silva training with Leicester City ahead of £22 million move
And should the move to Craig Shakespeare's side go ahead, English football is sure to welcome back his stunning wife. But that was denied and now the Foxes are looking at being without Silva until January.

Cheeky 'Jeopardy' Champ Somehow Got Alex Trebek To Utter A Naughty Word
A spokeswoman for the show said Rogers' $411,000 put him in fifth place in " Jeopardy! " all-time regular season winnings. Paul student, now a NY bartender, ended after 12 episodes and $411,000 in winnings.

Destiny 2 Devs Discuss Endgame Content Improvements
Bungie has announced that Destiny 2's delayed Prestige raid mode will now launch without the fix that it had been working on. This will take some extra time to verify, but we will be able to crown the winners with the confidence they deserve.

Netflix, Inc. (NASDAQ:NFLX) Touching New 52-week High
Following the completion of the transaction, the director now owns 36,274 shares of the company's stock, valued at $5,876,388. Finally, Wells Fargo & Company reissued an outperform rating on shares of Netflix in a research note on Friday, October 6th.

$0.45 EPS Expected for TD Ameritrade Holding Corp
Integre Asset Management Llc increased Td Ameritrade Holding Corporat ( AMTD ) stake by 41.91% reported in 2017Q2 SEC filing. Compass Point has "Neutral" rating and $32 target. (NASDAQ: AMTD ) earned "Sell" rating by Citigroup on Wednesday, July 22.

FIFA Investigating Tim Cahill Over His Sponsored Celebration
Cahill is usually seen boxing the corner flag when he scores - a celebration going back to his early years at Goodison Park. The Socceroos face CONCACAF nation Honduras next month in an intercontinental play-off for a spot in the 2018 World Cup.

Winnebago Industries, Inc. (WGO) Shares Bought by Goldman Sachs Group Inc
Lawson Kroeker Investment Management Inc bought 46,725 shares as the company's stock declined 23.58% while stock markets rallied. The firm has "Buy" rating by Sidoti given on Friday, November 11. (NYSE:WGO) latest ratings and price target changes.

Securities Analyst Recommendations: Flexion Therapeutics, Inc. (FLXN), VirnetX Holding Corp (NYSEAmerican:VHC)
Finally, The Manufacturers Life Insurance Company boosted its stake in Flexion Therapeutics by 3.9% during the second quarter. Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates.

Riot co-founders returning to the front lines of game development
It will be an interesting few months coming up in Riot Games as the project both co-founders are working on is now unknown. Though they are called Riot Games, there's still only one Riot game.

Madhya Pradesh slashes VAT on petrol by 3%, diesel by 5%
Increasing rates of petrol and diesel prices was the reason of consumer inflation in September, with a 5.56 rise in the Index. Similarly, the Value-Added Tax on petrol had been cut by 3 per cent to 28 per cent from 31 per cent, the minister said.

Mascherano to quit Argentina after World Cup
The FC Barcelona website quoted him - while he was in Spain with the rockers - as saying: "I'm only on stage for an hour". Argentina coach Jorge Sampaoli revealed that he referred to Messi to help inspire his players before the match.

Mo. state senator posts tweet comparing Trump to Hitler
Dove pulled the ad has apologized after backlash from people saying the ad was racially insensitive. Chappelle-Nadal, who represents a district near St.

Hogan Gidley joining White House as deputy press secretary
Trump did this during an interview where he offered a new reaction to reports that the secretary of state called him a "moron".