Front Page: China’s 2012 GDP growth to slow to 9.2%

21st November 2011

BRICS

China's 2012 GDP growth to slow to 9.2%

China's economy is expected to grow 9.2 percent in 2012, a slight drop from 9.4 percent this year. Xinhuanet

Market buzz: European and American concerns outweigh Russian positive outlook

Traders expect Russian markets to continue their downward trend on Monday. The reason behind this is a more cautious approach adopted by Western investors. Russia Today

Fiscal deficit to breach 4.6% of GDP

India's fiscal deficit in the current fiscal year will exceed 4.6 percent of the gross domestic product target. Times of India

Moody's decision on SA outlook ‘superficial'

Deputy President Kgalema Motlanthe says SA is hungry for investment and does not want its image as an emerging market offering potential profits to be damaged. Business Day

Developed Markets

CBI seeks £20bn state boost for UK exports to booming Bric economies

The CBI has urged the government to provide a £20bn boost to the economy over the next decade through a radical overhaul of Britain's export strategy. The Guardian

Lawmakers Trade Blame as Deficit Talks Crumble

With a bipartisan panel on the verge of failing to reach a compromise on a way to lower the federal deficit, the focus shifted to the automatic cuts that would go into effect in 2013. New York Times

Sell-offs are set to miss targets

Greece will probably not be able to collect the 9.3 billion euros from privatizations next year as planned in the 2012 draft budget. Ekathimerini

Frontier Markets

Vietnam state firms have $1 bil in non-core businesses: report

State-owned enterprises had invested a total of VND21.8 trillion (US$1.03 billion) in non-core areas by the end of last year, with investment in the banking sector accounting for almost half the figure. Than Nien

Development oriented budget

The 64th budget of Sri Lanka will be presented by President Mahinda Rajapaksa as Finance and Planning Minister in Parliament today. Daily News

Naira achieves desired stability, says Sanusi

The Central Bank of Nigeria governor also says exposure to Chinese currency will be increased. Daily Times of Nigeria

 

 

 

 

 

 

 

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