Tag: economy

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 […]

Stock market wavers as Europe’s economy slows

Renewed worries about Europe overshadowed an encouraging U.S.jobs report on Thursday, leaving major stock indexes roughly where they started. Germany’s economy shrank more than expected late last year, and the slowdown in Europe‘s largest economy deepened the region’s ongoing recession. That’s a troubling sign for the U.S., because sales to […]

Chinese Economy Expanded at End of 2012, Data Shows

The giant Chinese economy picked up steam during the last few months of 2012, closely watched data from Beijing on Friday confirmed. But at the same time the figures underlined the view that the pace of future growth is likely to remain well below that seen in recent years. China’s […]