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Economic News ArticlesThis 12 months’s Female FTSE Report, by lecturers at City University London, Cranfield University and Queen Mary University London, reveals that the general proportion of women on FTSE boards has increased in comparison with March 2015. Coverage includes topical issues, the financial outlook for a selection of international locations and evaluation of change rates, commodities and rates of interest. Work and Pensions Secretary Damian Green responded to the ‘remarkable’ employment figures: This shows that there are extra people in work than at some other point in our history, which is unbelievable news as we construct a Britain that works for everybody, not simply the privileged few. Mr Carswell acknowledged there were considerations in regards to the economic system but stated they did not come up from the Brexit vote: They are because we failed to repair the banks and we ran our financial coverage as the IMF advised us to. The new breakdown shows a more pronounced slowdown in the financial system heading into 2016.

UK Independence Party MP Douglas Carswell additionally hailed the retreat by economic forecasters on their pre-referendum gloom-mongering, saying: It’s a bit just like the Wizard of Oz. When you draw back the curtain you realise that these economic wizards who are speculated to have magical powers develop into a bunch of fairly confused middle-aged males.

It analyzes the province’s financial happenings and descriptions what may occur within the next quarter. In our July surveys, we consider world financial and monetary policy circumstances and assess likely policy directions over the subsequent 12 months. It turns out that the low oil prices of at present make these deposits largely unprofitable and production has been falling.

World economic progress as a substitute of dashing up, slowed down slightly from 2.6 % in 2014 to 2.5 percent in 2015 in keeping with the World Bank. Azerbaijan’s state oil company SOCAR and France’s Total have reached an settlement in principle to use the brand new technology drilling rig for the work at the Absheron fuel discipline within the Caspian Sea. Azerbaijan has risen by 12 points in the E-Government Survey 2016 compiled by the UN, which is historically published each two years. Only final week, U.S. progress for the second quarter of 2016 came in at 1.2 percent (annualized), less than half the forecast of two.5 p.c. LONDON British automotive registrations were flat in July however demand from private consumers fell for the fourth month in a row suggesting a hit to confidence, knowledge for the first full month since Britons voted to leave the European Union confirmed on Thursday. The year-over-year pace for the first quarter of 2016 was revised right down to 1.6 p.c from 2.1 percent, the revisions showed.

The nation’s focus lately on useful resource extraction has had both its good points and unhealthy; good, as a result of excessive vitality and commodity costs stored Canada’s financial system humming in the course of the economic downturn of recent years; dangerous, as a result of useful resource extraction brings with it environmental controversy, such as the one surrounding the Keystone XL Pipeline.