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US Economy Unexpectedly Grew At 3.0% In Q3 As BEA Ignores Impact Of Hurricanes Harvey, Irma

October 27, 2017 Tyler Durden 0

In the immediate aftermath of Hurricanes Harvey and Irma, Wall Street quickly trimmed its Q3 GDP forecasts from 3.0% to the low/mid 1% range, expecting a substantial, if brief, adverse impact on US growth from the storm devastation. However, moments ag…

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Germany issues travel warnings for parts of Egypt

October 27, 2017 Middle East Monitor 0

The German foreign ministry on Tuesday warned its citizens against travelling to some parts in Egypt following the deadly attack in the El-Bahariya Oasis area. The German Embassy in Cairo said the ministry had warned its citizens against being close to areas of demonstrations and popular gatherings, especially religious places, universities, state institutions and tourist areas in the Red Sea. The embassy stressed in a statement that there is no warning against travel to Egypt as a whole. “There is no a travel warning released from Germany against the whole of Egypt, the issued travel warning is only targeting certain areas in Egypt,” it said. The ministry noted that two Germans were killed in July on a beach in the […]

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Company News: Chevron (CVX) quarterly results beat analysts’ expectations

October 27, 2017 TeleTrade. Market news 0

Chevron (CVX) reported Q3 FY 2017 earnings of $1.03 per share (versus $0.68 in Q3 FY 2016), beating analysts’ consensus estimate of $0.97. The company’s quarterly revenues amounted to $36.205 bln (+20.1% y/y), beating analysts’ consensus estimat…

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Botswana Government Budget

October 27, 2017 Bank of Botswana 0

Botswana recorded a Government Budget deficit equal to 1.10 percent of the country’s Gross Domestic Product in 2016. Government Budget in Botswana averaged 0.10 percent of GDP from 2004 until 2016, reaching an all time high of 11.20 percent of GDP in 2…

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Uganda Government Budget

October 27, 2017 World Bank 0

Uganda recorded a Government Budget deficit equal to 4.90 percent of the country’s Gross Domestic Product in 2016. Government Budget in Uganda averaged -2.67 percent of GDP from 1999 until 2016, reaching an all time high of -0.77 percent of GDP in 2005…

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