Around 35 percent of directors of British business firms think there is a high risk of a recession this year, says a survey.
A
poll by the Institute of Directors (IoD) said that of the 1,000
directors polled, about 53 percent said they envisioned a moderate risk
of recession, while only 11 percent saw a low or very low risk of
recession this year.
Economy
One third British business bosses fear recession in 2012
Dubai's inflation down 0.94 percent in January
The monthly inflation rate in emirate of Dubai dropped 0.94 percent in January as compared to the previous month.
Inflation
of food and non-alcoholic beverages decreased by 3.18 percent, housing,
water, electricity, gas, and other fuels 2.19 percent, miscellaneous
goods and services 0.72 percent, according to the monthly report issued
by Dubai Statistics Centre.
India may allow Pakistani investments
In a major step forward towards normalising business ties, the Indian
government plans to bring changes in the Foreign Exchange Management Act
(FEMA) to allow investments from Pakistan, a senior government official
said Thursday.
India, Pakistan agree to ease trade, visa norms
India and Pakistan Wednesday signed three deals and agreed to normalise visa regimes and move from "positive list" to a short "negative list" trade regime by the end of this month, a major step forward to ease trade norms and facilitate movements of people.
EU trade deficit with China declines
The trade deficit of the European Union (EU) with China decreased to 132 billion euros ($174.8 billion) for the first 10 months of 2011 from 140 billion euros registered in the same period in 2010, EU's statistics office said Monday.
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