Gibin Shaji

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We Have Never Seen Global Trade Collapse This Dramatically Outside Of A Major Recession

If you have been watching for the next major global economic downturn, you can now stop waiting, because it has officially arrived. Never before in …

The Unemployment Rate is 5%. So Why is America So Grumpy?

The official unemployment rate in the United States is 5%, which is below the post-war average of 5.8%. The S&P 500 is sitting pretty, just 2% off …

Is this the beginning of the end for ‘Made in China’?

Tracking<br>the rise of<br>'China plus one'<p>China is often described as the workshop of the world given the global reliance on its workforce to mass-produce products at low cost.<p>But the “Made in China” label has come at a higher price for some multinational companies in recent years. Labour costs are …

China says 2-child policy to add 30 million workers by 2050

BEIJING (AP) — Chinese authorities expect that easing the country's one-child policy will add more than 30 million people to the country's labor force by 2050, a senior official said Tuesday.<p>Wang Pei'an, spokesman for the National Health and Family Planning Commission, said at a news conference …

China

Oil will not reach $80 a barrel until 2020

Fatih Birol, executive director of the International Energy Agency, told the Financial Times that a perfect storm of low demand and bountiful supply would keep prices low until 2020.<p>The price of crude oil is around $44 a barrel. Last summer, it was around $115 a barrel. The IEA predicts that oil …

India cuts red tape to boost foreign investment

Foreign companies looking to do business in India may soon find their chances of success greatly improved. In a bid to boost growth, India´s …

India

Low oil prices could lead to energy shortages

Low oil prices could lead to global fuel shortages in the future, the International Energy Agency has warned.<p>The IEA said Tuesday that while low prices are good for consumers, they could eventually "trigger energy-security concerns."<p>The low prices are squeezing U.S. shale and other high cost …

Oil

UK steelworkers march against Tata job cuts, demand government action | Reuters

LONDON (Reuters) - Hundreds of steelworkers marched through Scunthorpe in northeast England on Tuesday to protest against Tata Steel’s (TISC.NS) planned job cuts and restructuring, calling on the government to do more to help the beleaguered steel sector.<p>Birds fly above part of the TATA steel plant …

China will hold global economy back in 2016

The world economy isn't heading for disaster in 2016, but don't expect it to surge.<p>Experts say growth will pick up next year, but not by much. For that, blame China.<p>The world's second-largest economy is slowing down, and it's holding everyone else back.<p>A slew of new forecasts out from the OECD, the …

Nearly 6m UK workers earn less than the Living Wage

Almost six million Britons are earning less than the Living Wage and the proportion of workers not paid enough to allow the purchase of basic …

A new aviation policy in India could finally unleash the boom everybody’s been waiting for

The Narendra Modi government might throw India’s beleaguered aviation sector a much-needed life jacket.<p>On Oct. 30, the country’s civil aviation ministry proposed a slew of measures that could lower the cost of flying within Asia’s third largest economy and boost regional connectivity. These …

India

Japan enters free trade talks with EU; rail contracts to be discussed

Japanese and European negotiators opened an extended round of talks on a free trade accord in the wake of a broad agreement reached earlier this …

China's Premier Li urges free trade talks with Germany | News Home | Reuters

BEIJING (Reuters) - China and Europe should establish a feasibility study on free trade talks as soon as possible, China’s Premier Li Keqiang said on Thursday during a meeting with German Chancellor Angela Merkel.<p>China's Premier Li Keqiang and Germany's Chancellor Angela Merkel (R) inspect honour …

The Brics have a chance to succeed where the World Bank has failed

The emerging Brics economies – Brazil, Russia, India, China and South Africa – struck an agreement this month to establish a development bank with an initial capital of $100bn.<p>The Brics want the bank to mobilise resources for infrastructure and sustainable development projects. From the outset, it …

What do the BRICS mean for US leadership?

The recent downgrade of Brazil’s credit rating to junk status was followed by a raft of articles heralding the crumbling of the BRICS (Brazil, …

India a shining star of struggling BRICs

As China sputters, Brazil remains stuck in reverse gear and Russia drives right off the road, India has emerged as a rare beacon of growth and stability among major emerging economies.<p>The Indian economy expanded 7 per cent year-over-year in the second quarter, down from 7.5 per cent the previous …

BRIC investors face lost decade of returns

Just 14 years ago Wall Street fell in love with the BRICs, the tidy acronym for four major emerging economies that, to many, looked like sure winners.<p>Today, after heady runs and abrupt reversals, most of the BRICs - in fact, most developing nations - look like big-time losers.<p>The history of …

Vote to leave EU means Scotland will leave UK – Nick Clegg

Nick Clegg,Liberal Democrats,Politics,UK news,Europe,European Union,World news,Scottish independence,Scottish politics,Scotland,EU referendum,Foreign policy<p>Former deputy PM to tell Lib Dem conference that upcoming vote on Britain’s EU membership poses existential question to British people<p>If …

JCB to cut 400 jobs across UK as demand slumps in Russia

The construction equipment manufacturer has 11 sites across the UK and said that all of them will be hit by the job cuts<p>Up to 400 jobs are at risk at JCB, after a 70pc slump in demand for its diggers and other machinery in Russia was echoed across the world.<p>The business, which has 11 sites across …

No sign of runaway inflation, despite 'robust' UK growth, says Bank deputy

Sir Jon Cunliffe says good news on pay and productivity is being tempered by the prospect of a Chinese slowdown<p>Britain's "robust" recovery has not caused price pressures to build in the economy, according to the Bank of England's deputy governor, who suggested that disinflationary forces from …

Britain to be China's 'bridge' into western markets, says George Osborne

People's Bank of China to begin issuing short-term renminbi denominated debt in London 'in the near future'<p>China’s central bank will start to issue short-term debt in London, the Chancellor announced on Monday at the end of high-level talks with Chinese leaders.<p>In the first such move outside the …

Rousseff Coup Could Sink Brazil, Emerging Markets

<i>Submitted by Shock Exchange</i><b>Rousseff Coup Could Sink Brazil, Emerging Markets</b>Brazil's President Dilma Rousseff's approval rating has plummeted to 8% …

Now even India's economy is slowing down

Once upon a time, there were four mighty emerging economies that would drive global growth for the rest of the 21st century.<p>A slowdown in the …

How India’s largest sugar company got hammered by Brazil’s collapsing economy

Back in 2009, when Shree Renuka Sugars made the first of its two major Brazilian acquisitions, it marked the coming of age of a company formed just a decade before. It was also the first global purchase by an Indian sugar company.<p>Now, it is all falling apart.<p>On Sept. 29, Shree Renuka Sugars—founded …

Budget Deficit

China and Japan Have the Potential to Collapse the Global Economy

<b>Everything is proceeding as I have foreseen.</b><p><b>We drew the S&P bounce chart for you yesterday and we said we expected a run to our strong bounce line at 1,910 from 1,877,75 at the time. The long play paid off at $50 per point, per contract for a lovely $1,612.50 per contract gain</b> (you're welcome) <b>and</b> …

China to invest £30bn in UK plc: how the deals break down

The deals and investment secured during the first Chinese state visit in a decade<p>China will bring £30bn in deals and investment to the UK this week, Prime Minister David Cameron has claimed.<p>The money will be secured as Britain welcomes Chinese President Xi Jinping for a state visit, the first from …

Global Trade Is Collapsing As The Worldwide Economic Recession Deepens

When the global economy is doing well, the amount of stuff that is imported and exported around the world goes up, and when the global economy is in …