Hewlett Packard Enterprise Company (HPE) Releases FY18 Earnings Guidance
The Walt Disney (DIS) Getting Somewhat Favorable Media Coverage, Report Shows
Luxembourg economy seen growing faster than eurozone's
10 November 2017, 01:01 | Jan Cross
The Brandenburg Gate reflected by a puddle on Pariser Platz Square in Berlin Germany Tuesday Nov. 7 2017
The Commission also raised its eurozone growth forecast for next year to 2.1 percent from 1.8 percent and said growth in 2019 is expected to be 1.9 percent.
The EU's executive arm said it had pencilled-in a 1.1% increase in gross domestic product for the country in 2019 - the year of the looming divorce - saying it could not assume a different relationship. Only the United Kingdom's growth outlook is nearly the same as Italy's, but Britain was excluded from the EU-28 table for the first time in view of Brexit.
The general government headline deficit is projected to further deteriorate to 3.5% of GDP in 2017 from 3.0% in 2016, due to numerous fiscal easing measures.
Even under a no-change scenario, Britain's economic growth would slump to 1.1% in 2019, making it the slowest growing economy after Italy's 1% expansion, the European Union said.
In its previous forecasts in May, the Commission counted on only a 1.9 percent growth this year and next year. "More generally, uncertainty regarding the government's policies could also hamper growth", the Commission said.
From 2018, the European Commission will revert to publishing two comprehensive forecasts (spring and autumn) and two interim forecasts (winter and summer) each year, instead of the three comprehensive forecasts in winter, spring and autumn that it has produced each year since 2012.
"After five years of moderate recovery, European growth has now accelerated", EU Economy Commissioner Pierre Moscovici said. However, private consumption is expected to continue acting as the main growth driver in 2017 and 2018.
Rail chaos: Southern drivers end 18-month strike
Rail staff are walking out as part of a long-standing dispute over driver-only trains, affecting Northern services in the borough. Drivers working for Southern Railway have voted to accept a deal to end the dispute over driver-only trains.
Bomber targeting senior police officer kills 4 in Pakistan
The anti-state Pakistani Taliban claimed credit for plotting Thursday's deadly attack in Quetta, capital of Baluchistan province. Meanwhile, Chief Minister of Balochistan Sanaullah Zahri strongly condemned the attack and summoned report as early as possible.
"While market reactions to recent events in Catalonia have remained contained, the risk exists that future developments could have an impact on economic growth", the Commission noted in its reports, adding that the size of the impact "cannot be anticipated at this stage".
The commission gave an upbeat assessment of prospects in the eurozone area of 19 countries using the single currency, with growth for 2017 marked up "substantially" to 2.2%, compared with 1.7% in the spring.
Unit labour costs are predicted to rise faster than euro-area average for 2018 and 2019.
In line with robust real GDP growth and a strong labour market, and despite the reduction in taxation worth 0.2% of GDP, tax revenues are expected to continue growing.
The highest growth within the eurozone is expected in Malta (5.6%), Ireland (4.8%) and Slovenia (4.7%), while the lowest is projected for Greece and France (1.6%) and Italy (1.5%), similar to the United Kingdom growth rate. Romania's 2017 budget is built on projections for 6.1% economic growth and deficit equivalent to 2.96% of GDP.
The EC said growth this year is supported by private consumption and rebounding investment.
In October, the International Monetary Fund (IMF) said that Romania's real GDP growth is projected to reach 5.5% in 2017 before it decelerates to 4.4% in 2018.
Ronaldo Set for Stunning £75million Manchester United Return
Don Balon reports that the player will be granted the return to Old Trafford he craves with a fee of £75million being suggested. NEYMAR'S father has reportedly met with Real Madrid president Florentino Perez about replacing Cristiano Ronaldo .
IUD contraception linked to lower cervical cancer risk
Even so, the results suggest it's worth continuing to research the potential for IUDs to help prevent cervical cancer , said Dr. Michelle Moniz, an obstetrics and gynecology researcher at the University of MI in Ann Arbor who wasn't involved in the study.
Veterans Day programs Saturday, Sunday
It is sponsored by the American Legion Post 82, American Legion Post 241 and the citizens of Middlesex County. Across the Atlanta area, cities are honoring those who defended our country on Veterans Day.
IT raid in Jaya TV channel's Chennai office
The simultanious search were conducted cross Tamil Nadu , Bengaluru, Hyderabad, Delhi and other places. Searches are also being conducted at the college run by Mr.Dhivakaran and also at the residence of S.
Khulna-Kolkata train services launched
Bandhan express will strengthen the relationship. "I look forward to working with you in our joint endeavour to that end". Chief Minister Mamata Banerjee described the launch of the projects as a remarkable day for India and Bangladesh.
Green Bay Packers Release Martellus Bennett
Bennett's release comes hours after Packers coach Mike McCarthy ruled out Bennett for this week because of a shoulder injury. The tight end is now subject to waivers, and teams have until 3 p.m.
Putin and Trump to meet Friday in Vietnam
Russian Federation has vehemently denied allegations of interfering in the USA election past year that brought Trump to power. The International Olympic Committee this month disqualified two Russian cross-country skiers.
Naked People Arrested At Scene Of Alberta Car Crash
About 15 minutes later, on the road near Nisku, the man managed to get out of the trunk of the moving vehicle . Three people have been charged with kidnapping following a weird two-car collision on Monday.