World News

IMF Projects Mali’s GDP Growth to 4.8% in 2013

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Wednesday projected that the real Gross Domestic Product (GDP) of Mali would hit 4.8 percent (4.8%) in year 2013 following talks with Authorities of the Country.   This is coming on the heels of a French –led Military […]

IMF Predicts Algeria’s Economic Growth to hit 3½% by 2015

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF), Wednesday said Algeria’s Economic growth is expected to remain solid, between 3 and 3½ percent (3%-3½%) over the next two years.   Christine Lagarde, Managing Director (MD) of the IMF said this in a Statement made available to InvestAdvocate at […]

Credit Suisse urges investors to jump into stocks

A month after turning cautious on global stock investing, the investment committee of Credit Suisse Group’s (CSGN.VX) U.S. private bank has reversed course. “Plentiful liquidity, attractive valuations and low inflation make equities among our best options in an asset allocation context,” a team led by Barbara Reinhard, the unit’s chief […]