Analysis: Trumponomics may be wrong medicine for US economy today
WASHINGTON Tax cuts, deregulation and more federal spending advocated by the incoming Trump administration are a classic remedy for economic stagnation and long unemployment lines.
NEW DELHI The finance ministry delivered a report on the state of the economy on Wednesday, a day before Finance Minister P. Chidambaram unveils what is expected to be the most austere budget in years.
The annual report was prepared by Raghuram Rajan, the former chief economist to the International Monetary Fund (IMF), who became the top adviser in the finance ministry last year.
(Reporting By Frank Jack Daniel)
FRANKFURT The European Central Bank's ultra-loose monetary policies will not last forever but it is still too early discuss winding down the bank's bond purchase programme, Executive Board member Benoit Coeure told CNBC on Friday.
SINGAPORE U.S. liquefied natural gas exporters are sending tankers to Asia to fill a gap in the region's demand as markets have tightened more-than-expected on surging consumption in China and Pakistan, and because of Australia's struggles to ramp up production.