economy Archives - Imassera News

The government and the troika argue tooth and nail that the Portuguese economy will close in 2014 with a debt equivalent to 123.7% of GDP.

Portugal’s Debt Estimates Loom a Dark Future for the European Country...

May 31, 2013 no comments

OECD says Portugal needs an annual adjustment of 3.7% of GDP in order its debt to stay at acceptable levels. The Organization for Economic Cooperation and Development (OECD) yesterday published a ser...

Uncertain Optimism Follows Positive Macroeconomic Key Figures

May 3, 2013 no comments

Mixed sentiments and conflicting interpretations were expressed at the end of the week regarding the real reflection of the economy in key macroeconomic indicators published by various international ...

Consumer Prices Fall

December 16, 2012 no comments

December 16, 2012- Consumer prices have dropped in the United States for the first time since way back in May of this year, a period spanning about six months. According to analysts, the lower price...

Indian Prime Minster Announces Opening Of Foreign Supermarkets

September 14, 2012 no comments

September 14, 2012- India’s government today announced an array of economic reforms that would be taking place in the country. This included the decision to allow foreign supermarket chains such as t...

Study Warns About U.S. Debt

June 6, 2012 no comments

June 6, 2012- Over the next 25 years, the U.S. debt is expected to increase to twice the size of the economy says a Congressional Budget Office report on Tuesday. The non-partisan report painted a gr...

China Tries To Jumpstart Economy

May 13, 2012 no comments

May 13, 2012- The central bank of China reduced the amount banks must hold in reserves. This freed up over $63.5 billion that can now be used for lending to stave off a sudden slowdown in the second ...