Depending on the price index used, Japan’s economy has been in deflation for 15–20 years. Under the previous BOJ governor, Masaaki Shirakawa, the official line was that the bank could not end deflation using monetary policy.
Intergovernmental agreement drafts in areas such as tourism, education, data technology, sport, youth policy, and air traffic are prepared and planned to be signed in the near next, he told Trend. Csutora as well stressed the successful development of relations between Azerbaijan and Hungary.
Israelis are generally bullish on their country’s economy, something that can’t be said for a lot of nations in both the West and developing world, according to a recent poll by the Pew Research Center.
Recep Tayyip Erdoğan, President of Turkey, called for a three-pronged strategy that would ensure a no-fly zone, a safe area for people fleeing conflict in the region and a program to train and equip groups in Syria and Iraq.
Within two-hours flying time from Thailand, with plenty of airline connections and a visa-free policy, Vietnam is a rapidly emerging source market with huge potential for Thailand, particularly in the build-up to the ASEAN Economic Community (AEC) in 2015.
Singapore central bank kept its monetary policy unchanged on Tuesday as it assessed that the current stance is appropriate for containing both domestic and imported source of inflation amid subdued recovery.
While virtually each country in the world is trying to boost increase, China's government is trying to slow it down to a sustainable level. As China shifts to a additional domestic-request driven, services-oriented economy, a transition to slower trend increase is both inevitable and desirable. But the challenges are immense
The U.K. visible trade deficit narrowed additional-than-expected in August despite exports falling to a near 4-year low, figures from the Office for National Statistics showed Friday. The visible trade deficit decreased to GBP 9.1 billion in August from GBP 10.4 billion in July.
He met with his Belarusian counterpart Alexander Lukashenko. During the conference, Lukashenko said Belarus and Turkmenistan have created a incomparable cooperation formula based on the annual exchange of visits by the leaders of the two nations.
In spite of the summer's conflict with Gaza terrorist groups and the knock to tourism during that period, Israel had maintained its sterling A1 credit rating, according to the Moody's international credit rating agency.
Israel's economy will grow by 2.0 % in 2014, its slowest pace in five years due to declines in exports and investment and well below a 3.2 % rate in 2013, the Central Bureau of Statistics said on Monday.
Aiming to promote and develop cooperation in the field of tourism and travel research to build sustainable flows of tourists, a memorandum of considerate (MOU) between the Russian Federation and the Pacific Asia Travel Association (PATA) was signed.