IMF will reduce growth forecasts amid global economic slowdown

Note: This section contains information in English only.
Source: Bloomberg
Christine Lagarde, Managing Director of the International Monetary Fund, said the growth outlook for 2012 is likely to be reduced amid worsening labour market, investment and manufacturing activity in the US, Europe, Brazil, India and China. New projections will be reported in the next 10 days. Meanwhile  growth estimate for the US has been already lowered to 2% from 2.1% in April.
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Fri, 06 Jul 2012 08:54:50 GMT

Platinum stocks to remain under demand uncertainties

For the last year there has been a continuing decrease in platinum stocks. In Australia, Aquarius Platinum Ltd.'s shares have declined by 85% while South African Anglo American Platinum Ltd. tumbled 30% over the last year. Furthermore, the price for platinum has decreased since September 2011 to USD1,485.30 per ounce. Taken ample global supplies and moderate increase in auto-catalyst demand,

Fri, 06 Jul 2012 13:54:43 GMT

Ireland: Successful Treasury bill auction

After almost two-year break Ireland, which was given a bank bailout of 85 billion euro, has come back to the capital market. On 5 June, the debt agency of Ireland raised 500 million euros in an auction of the three-month debt. The agency put up to the auction the three months Treasury bills at an interest rate of 1.8%, which

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