ECB revises 2016 growth up but trims forecast for 2017, 2018
London economy
London - Arab Today
|
The European Central Bank on Thursday raised its 2016 growth forecast slightly but lowered its projections for 2017 and 2018, with bank chief Mario Draghi saying "uncertainties" caused by the Brexit vote would weigh on trade. The ECB now expects gross domestic product to grow by 1.7 percent in 2016, up from a previous projection of 1.6 percent, Draghi said. The euro economy should expand by 1.6 percent in each of the following two years, he added, down from the earlier 1.7 percent forecasts for 2017 and 2018. Inflation expectations remain broadly unchanged, at 0.2 percent for 2016, 1.2 percent for 2017 and 1.6 percent for 2018, Draghi said. |
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assaultGMT 12:03 2018 Tuesday ,23 January
Egypt military accuses presidential hopeful of crimes including forgeryGMT 11:41 2018 Tuesday ,23 January
UK regulator says Fox's Sky takeover 'not in public interest'GMT 11:38 2018 Tuesday ,23 January
South African jazz legend Hugh Masekela diesGMT 11:36 2018 Tuesday ,23 January
EU removes eight countries from tax haven listGMT 11:32 2018 Tuesday ,23 January
8.2 magnitude quake hits off Alaska: USGSGMT 11:28 2018 Tuesday ,23 January
Mattis calls for Turkish 'restraint' in SyriaGMT 03:43 2018 Tuesday ,23 January
Turkish soldier killed in Syria operation: army
- Tuesday ,23 January GMT 12:03 2018 Egypt military accuses presidential hopeful of crimes including forgery
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 05:09 2024 Tuesday ,06 February
The Saudi-led Arab Coalition Forces have targeted a meeting of Houthi commanders in Beit Al Faqih, Hodeidah, killing scores of the
GMT 12:07 2018 Tuesday ,23 January
Syria Kurds urge civilians to take up arms against Turk assault
GMT 11:45 2017 Friday ,03 November
Flag Day an occasion of loyalty to nationGMT 10:10 2011 Monday ,01 August
South Africa dealing with rise in number of police officers killed
GMT 19:24 2016 Sunday ,18 December
Protesters storm pro-Kurdish party after Turkey attackGMT 00:19 2011 Tuesday ,25 October
More evidence that coffee cuts skin cancer risk
GMT 11:58 2017 Sunday ,14 May
Israeli forces push deep east Deir al-Balah in Gaza enclaveGMT 09:15 2011 Monday ,11 July
Indonesia raises red alert at volcano
GMT 21:03 2017 Wednesday ,01 March
Hassan Hamdy heads to Ethiopia for CAF's Medal of Merit
GMT 10:23 2017 Monday ,13 February
Race for kilowatts empties Bosnian lake
GMT 22:54 2017 Tuesday ,16 May
HTC puts a new squeeze into smartphones with U11
GMT 12:14 2017 Saturday ,04 March
Big names shine as Hurricanes humiliate Rebels
GMT 02:41 2017 Monday ,20 March
HSBC breaks with tradition, names AIA boss Tucker as chairman
GMT 15:34 2017 Wednesday ,19 July
Three cups of coffee a day keep the doctor awayGMT 00:39 2011 Tuesday ,04 October
Everything on line for sprint with iphone
GMT 10:15 2017 Wednesday ,08 March
Nowitzki joins 30,000 club against Lakers
GMT 22:31 2017 Tuesday ,07 November
Citizen killed in Saudi airstrike on Saada
GMT 12:06 2017 Wednesday ,08 November
HRH Premier thanked by Amir of Kuwait
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor