In recent years, the Kingdom of Saudi Arabia shows the best economic performance among the "Big Twenty", IMF says in its report. Info note: The Group of Twenty Finance Ministers and Central Bank Governors (also known as the G-20) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank. The report notes the positive outlook for the Saudi economy, which grew by 5.1% thanks...
Millions of rallies and protest marches that had been affecting Turkey, Egypt, Brazil and other major developing countries in recent months could be the key to their economic bright tomorrow. It takes a lot of courage to say that emerging markets are not much riskier than developed ones, while on the Egypt's streets a revolution continues, and in Turkey and Brazil had just died down a wave of strong protests. Now rallies weaken and destabilize developing countries but in the end they can lead to greater democratization, which will...
What exactly does a Forex signal service do? A Forex signal provider does the research and development of a particular Forex trading system or systems. This service then sends the necessary information to its subscribers so that they can place the trades. Some even offer what is called copier service that makes the whole process even simpler. Having someone else do all the hard work for you sounds like a dream come true doesn't it? Well, it can be if and only if you have a good Foreign Exchnage signal service. This is because all Forex...
First Deputy Director of International Monetary Fund (IMF) David Lipton said this week in Maputo, the capital of Mozambique, that in 2012, despite the stagnation in global economy, the economy of sub-Saharan Africa powerfully developed. It is assumed that this trend will continue in the current and future years. According to Lipton, last year the economic growth of Sub-Saharan Africa accounted for 5.1 percent. The IMF predicts that the rate in 2014 will reach 5.7 percent. In addition, in the current year the growth of the global economy,...
A carry trade is when you buy a high interest currency against a low interest currency. For each day that you hold that trade your broker will pay you the interest difference between the two currencies as long as you are trading in the interest positive direction. For example, if the (EUR) has a 0.15 percent interest rate and the (USD) has a 0.25 percent interest rate, and you go long on the EUR/USD you are making a carry trade. For every day that you have that trade on the market the broker is going to pay you the difference between the...
