International Monetary Fund positive on global economic prospects

President of the World Bank Group Mr. Jim Yong Kim

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.

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.

Macquarie Group Ltd. Lowers Stake in BlackRock, Inc. (BLK)
With 27,000 avg volume, 0 days are for ALLTEMP INCORPORATED (OTCMKTS:LTMP)'s short sellers to cover LTMP's short positions. RBC Capital Markets's target would indicate a potential upside of 1.85% from the company's last stock close price.

Trent Reznor and Atticus Ross get spooky with 'Halloween' cover
Halloween wouldn't be any less scary with a score by Nine Inch Nails-it'd just be a little bit louder. For his part, Carpenter is very pleased with the band's cover of his work.

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:

  • 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.

    Hovde Group Initiates Coverage on Commerce Union Bancshares Inc (CUBN)

    Among 6 analysts covering BRP Inc ( TSE:DOO ), 6 have Buy rating, 0 Sell and 0 Hold. (NASDAQ: CBSH ) rating on Friday, August 11. Zacks Investment Research cut Commerce Bancshares from a "buy" rating to a "hold" rating in a report on Thursday, August 31st.
    Hogan Gidley joining White House as deputy press secretary

    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".
  • 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.
    Musonda must focus on the pitch, not social media - Conte

    Musonda must focus on the pitch, not social media - Conte

    I don't see a problem with him. "I spoke with him and I think Charly understood his mistake", Conte said. The Italian, speaking ahead of Saturday's game at Crystal Palace, said: "Andreas can be a good example".
    Antonio Conte denies Chelsea exit claims

    Antonio Conte denies Chelsea exit claims

    Mirabelli also talked about a "dream" of some rossoneri fans, which is to see Cristiano Ronaldo play for AC Milan one day. For a free chance to win £275K, all you have to do is predict six first goal scorers in the Premier League this weekend.
  • 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).
    Adrien Silva training with Leicester City ahead of £22 million move

    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.
    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".
  • Bobby Deol on joining Salman Khan's film!

    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 .
    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".
    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.

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.

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.

Acadia Realty Trust (NYSE:AKR) Sees Significantly Higher Trading Volume
Heitman Real Estate Securities Llc increased Acadia Realty Trust (AKR ) stake by 448.47% reported in 2017Q2 SEC filing. Pub Employees Retirement Association Of Colorado accumulated 2.67 million shares or 0.74% of the stock. (NASDAQ:TITN).

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.

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.

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.

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 .

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 ).

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.

OnePlus 5T Specs Rumors: Next Flagship to Have Larger Screen?
However, recent reports suggest that the company is working on an improved flagship phone that may debut in the next month. A leaked render supplied by the same source reaffirms the claims, showing how the 5T has super thin bezels.