The World Bank has warned that the Russian economy would shrink by at least 0.7% in 2015 if oil prices do not recover. This revelation forced Russia’s central bank to admit that it intervened last week to support the rouble in foreign currency markets spending a total of $4.53bn (£2.9bn). Furthermore, it has spent more […]
The European Central Bank (ECB) has “stepped up” preparation for even more stimulation procedures focused on revitalising the eurozone economic climate, banking Head of state Mario Draghi has claimed. His remarks followed the ECB held rate of interest at 0.05 %. Mr Draghi also said that the bank would evaluate the influence of its existing stimulation […]
Eurozone, Great Britain, Investments, Market watch, Stock Market, World Economy
Japan has plunged into a deeper recession due to a big fall in business spending. Already in a technical recession following difficult first and second quarters, Japan’s economy shrank more that initially estimated in the third quarter of 2014, according to revised gross domestic product (GDP) figures released yesterday. An increase in the country’s sales […]
Trading data from China, the world’s second largest economy, came in well below expectations on Monday, intensifying fears of a sharper slowdown. China’s economic growth had slowed to 7.3% in the third quarter, marking its weakest quarter since the global financial crisis. A cooling property market and tighter credit conditions clearly weighing on growth. Last […]
Financial Planning, General, Long Term Savings, Regular Savings, Retirement Planning
One of the most important nuggets of financial investment guidance you will ever be offered is to expand your portfolio into a number of various investment vehicles. This can help you spread out the risk and also obtain a steady return on your investment capital. This kind of investing can be categorized extensively as value […]
Bonds, Diversification, Investments, Long term Savings, Mutual Funds, Stock Market, Structured Investments
