Wealth Growth Daily

January 15, 2023

IMF says fragmentation could cost global economy up to 7% of GDP

BY Reuters  • January 15, 2023January 15, 2023
WASHINGTON (Reuters) – A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7%, but the losses could reach 8[...]
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Business Economy US

Brazil’s BTG Pactual appeals decision protecting billionaire-backed Americanas from creditors

BY Reuters  • January 15, 2023January 15, 2023
By Tatiana Bautzer SAO PAULO (Reuters) -Brazilian bank Banco BTG Pactual SA has appealed a court injunction that protected billionaire-backed retailer Americanas from creditors on Friday, documents se[...]
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Asia Business Latin America Updated

Marketmind: If the yield cap fits..

BY Reuters  • January 15, 2023January 15, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Fourth-quarter GDP growth tops a list of key Chinese indicators, while interest rate decisions from In[...]
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Asia Australia Business Economy US

Germany falls to bottom rung of investment ranking on energy costs, labour shortage

BY Reuters  • January 15, 2023January 15, 2023
(Reuters) – Germany’s attractiveness as an investment location has fallen four places to 18th of 21 in a ranking of industrial economies by economic research institute ZEW, newspaper Augsb[...]
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Business Economy Europe

Peru’s economy grows 1.68% year-on-year in November

BY Reuters  • January 15, 2023January 15, 2023
LIMA (Reuters) – Peru’s economy expanded 1.68% in November compared with the same month a year before, the national statistics institute (INEI) said on Sunday, marking a slight slowdown fr[...]
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Business Economy Latin America

Is Canadian inflation on a sustainable path to 2%? Essentials offer clues

BY Reuters  • January 15, 2023January 15, 2023
By Fergal Smith TORONTO (Reuters) – As Canadian inflation slows, the cost of essentials, such as food and rent, offers pointers as to whether it will return sustainably to the Bank of Canada[...]
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Business Canada Economy

Saudi inflation edges up to 3.3% in December

BY Reuters  • January 15, 2023January 15, 2023
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate ticked up to 3.3% in December from 2.9% in November, government data showed on Sunday, with price rises again driven mainly by housin[...]
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Business Economy Middle East
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