Nimax mulls equity sale
News from Emerging Markets
India and the US on Tuesday laid out a work programme for the next one year to improve trade ties as they concluded the first ministerial level Trade Policy Forum meeting in four years, but failed to spell out substantive targets in getting there.
The discrepancy between what China exported to Hong Kong and the former British colony imported from the mainland narrowed in October but shows speculative money disguised as trade remains rampant. The shortfall between the two shrank from September, the year's peak, but remains well above the average gap for this year, data shows.
Russian economic growth will fall from 0.3 percent this year to zero percent in 2015, the Organization for Economic Cooperation and Development said Tuesday as it cut its forecasts for Russia's struggling economy, news agency Interfax reported. The OECD previously predicted that the Russian economy would grow by 0.7 percent this year.
The Iranian Customs Administration announced that exports of Pharmaceuticals from Iran have exceeded $60mln in the first 7 months of the current Iranian year (March 21-October 22). Iran sold 4,224 tons of pharmaceutical drugs with the total worth of $64,586,678. The products include 0.33 percent of the country's whole exports.
The Organization for Economic Cooperation and Development has upgraded Turkey's consumer price inflation forecast for this year and next year, a new report released Tuesday said. The report also predicted a gradual increase in unemployment during the next two years.
In 2014-2028, Polish energy concerns plan to increase their power generation capacity by 18 GW. In the meantime, power units producing in total 5.2 GW are to be gradually shut down.
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