Africa is a continent as vast in dimension and alternative as its 54 international locations are disparate. The economy of the Association of Southeast Asian Nations (ASEAN) is anticipated to have lost some pace however retained strong momentum within the first quarter of the year, weighed down by marginally increased borrowing prices but supported by solid FDI, improving labor circumstances and upbeat international commerce flows.
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Funding financial institution Goldman Sachs downgraded its forecasts for India’s economic system on Tuesday within the wake of Rs 13,000 crore fraud at Punjab National Bank, warning it could spark tighter regulation of the banking sector that would constrain credit score growth.