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It is a growing Europe that starts at an optimistic fourth quarter with rosy prospects for the coming year, though likely to be less positive than the current one. In the second quarter, GDP grew, compared to the already positive first quarter, both in the Euro area and in the European Union 28 countries, marking a total of + 0.6%. Compared to 2016, the corrected GDP for the effects of the calendar has increased by 2.1% in the Eurozone and by 2.2% in the EU28, slightly up from the first quarter, respectively by 1.9% and + 2.1%.On the other hand, the same International Monetary Fund had revised upwards estimates for some euro area countries, including France, Germany, Italy and Spain, after the positive performance recorded in the first quarter. In the Eurozone, the IMF estimates were up by 1.9% (+ 1.7%) and 2018 to +1.7% (+ 1.6%).Italy will remain with Japan the tailbone of the G7 countries, with an expected GDP growth of 1.3% (against 0.8% assumed three months ago), which should...


OPEC says its expect demand for its oil to be higher than expected as its policy of letting prices fall to hurt other producers begins to bite. The Organisation of Petroleum Exporting...




China has posted its slowest growth in six years. The figures confirm perceptions that the world's second largest economy is showing weakness in key sectors. Monthly retail sales,...




Global goods trade will grow over the next two years, but not as much as previously expected, according to the WTO. The World Trade Organisation predicts a 3.3 percent rise this year...




Quaker Chemical gains efficiencies on tooling costs and solves coating incompatibilities with QUAKERCOOL® 750 TPFor many pipe manufacturers, annual threading tool costs can be ten...




Another rise in sales and at a faster rate than previously. New car sales across the EU are up for the 17th consecutive month with close to a million units being sold.The European...




Honda has announced its chief executive is standing down. Takanobu Ito will remain on the board as a director and adviser. Ito, who joined Honda Motor in 1978, is a victim of poor...




Consumer prices in the US have seen their biggest fall since 2008 driven by the drop in the oil price. The Labor Department said the Consumer Price Index was down 0.7 percent last...




A power output the equivalent of around three nuclear plants is to be shared between France and Spain.The link to carry energy across the Pyrenees mountains was launched on Friday in a...


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