China Is Adjusting to Slower Economic Growth
15:31 | 05/07/2015 Global Economy
Growth in China is expected to decelerate to 7.1 percent in 2015 and 6.9 percent by 2017, reflecting a growth trajectory that is slower but more balanced and sustainable – a “new normal” for the world’s second-largest economy, according to the World Bank’s China Economic Update released today.
Greek debt talks continue on positive track
08:52 | 26/06/2015 Global Economy
With no breakthrough during Monday's Eurogroup summit in Brussels, talks on the long-awaited deal for the Greek debt resolution will be continued with a view to strike a compromise by the weekend, according to Greek government and its international lenders.