Canadian Economic Growth Will Be Fastest Among G7 This Year, IMF Says The International Monetary Fund expects Canada to lead the G7 for economic growth this year. The IMF raised its outlook for Canada as part of its latest world economic outlook update. It now expects the Canadian economy to grow by 2.5 per cent
$100 trillion needed for global infrastructure
$100 trillion needed for global infrastructure Global Infrastructure Outlook, which covers 50 countries and seven sectors to 2040, reveals the cost of providing infrastructure is forecast to reach $94tn in 13 years time, with a further $3.5 trillion needed to meet the UN Sustainable Development Goals (SDGs) for universal household access to drinking water and
Where Chinese millionaires want to move
Where Chinese millionaires want to move That’s according to a survey by research firm Hurun Report and Visas Consulting Group that tracks immigration trends among Chinese individualsworth between 10 million and 200 million yuan ($1.5 million – $30 million). The U.S. retained its title as the top destination for rich Chinese emigrants for a third
Governments have to invest in the fourth industrial revolution
Governments have to invest in the fourth industrial revolution Prepare for the age of the driverless car and the robot that does the housework. That was the message from the World Economic Forum earlier this year as it hailed the start of a new industrial revolution. According to the WEF, the fourth big structural change
CIPA and Bloomberg promote Cyprus as a financial centre in London
CIPA and Bloomberg promote Cyprus as a financial centre in London Joint event at the international agency’s headquarters, in the presence of the Finance Minister Investors showed a keen interest in an event organised in London by the Cyprus Investment Promotion Agency (CIPA) and international news agency Bloomberg to present the investment opportunities Cyprus has
India is the new global growth pole; to hold lead over China: Harvard study
India is the new global growth pole; to hold lead over China: Harvard study Workers linger around a crane as it loads wheat onto a ship at Mundhra Port in Gujarat in this file photo. REUTERS/Amit Dave The economic pole of global growth has moved over the past few years from China to neighbouring India, where
EU, Japan hail free trade deal: “A message to the world”
EU, Japan hail free trade deal: “A message to the world” The leaders of the European Union and Japan on Thursday said their agreement in principle on free trade is the best antidote to the protectionism seen to be promoted by the United States. The leaders said in a statement that the EU and Japan
GST: A unified India for business
GST: A unified India for business As both houses of Parliament convened for a joint session to launch the goods and services tax (GST), with Union finance minister Arun Jaitley’s speech reminiscent of Jawaharlal Nehru’s “India’s tryst with destiny”, India heralded the onset of what is undoubtedly the biggest tax reform in its history. Truly,
Brexit clarity needed to avoid ‘tipping point’ for industry as companies abandon investment in UK
Brexit clarity needed to avoid ‘tipping point’ for industry as companies abandon investment in UK Companies will abandon investment and job creation in the UK unless the British Government clearly sets out its position on how the country will leave the trading bloc, according to the boss of an influential industry trade body. Terry Scuoler, chief
A New Kind of Tech Job Emphasizes Skills, Not a College Degree
A New Kind of Tech Job Emphasizes Skills, Not a College Degree A few years ago, Sean Bridges lived with his mother, Linda, in Wiley Ford, W.Va. Their only income was her monthly Social Security disability check. He applied for work at Walmart and Burger King, but they were not hiring. Yet while Mr. Bridges
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