Switzerland is facing growth decline in 2019

2019 ◽  
Keyword(s):  
Economic Performance ◽  
Oil Price ◽  
Trade Surplus ◽  
Content Type ◽  
The Third ◽  
The United Kingdom ◽  
Real Gdp ◽  
Growth Decline ◽  
The One ◽  
Trade And Investment

Subject Switzerland economic performance. Significance Swiss GDP growth flourished over the one-and-a-half-year period through mid-2018, despite increased uncertainty and manufacturing slowdown in both Europe and Asia. Growth has been boosted by net trade and investment. Such strong momentum was interrupted in the third quarter, when real GDP contracted by 0.2% quarter-on-quarter. Meanwhile, other European countries, such as Germany and Italy, experienced a downturn. Impacts The trade surplus peaked in 2013 at 12.1% of GDP and should fall to 7.0% in 2022, as the franc strengthens. Inflation will average 0.9% in 2018 and 0.7% in 2019, as the economy slows and the oil price is down. If Brexit happens, Switzerland and the United Kingdom will have to sign a new trade deal.

The macroeconomic effects of increase and decrease in oil prices: evidences of asymmetric effects from India

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Anver Chittangadan Sadath ◽  
Rajesh Herolli Acharya
Keyword(s):  
Negative Impact ◽  
Wholesale Price ◽  
Oil Prices ◽  
Petroleum Products ◽  
Oil Price ◽  
Content Type ◽  
Macroeconomic Variables ◽  
Real Gdp ◽  
Oil Price Shock ◽  
Price Shock

Purpose The purpose of this paper is to assess whether oil price shocks emanating from oil price increase and decrease have a different impact on the macroeconomic activity. Design/methodology/approach This study conducts the empirical analysis using structural vector auto-regressive model on Indian data for the period from 1996 to 2017. This paper uses four key macroeconomic variables, namely, real gross domestic product (GDP), the real rate of interest, real money supply, wholesale price index inflation and various linear and non-linear measures of oil price shock. Findings Empirical results confirm that oil price shock has a significant impact on various macroeconomic variables used in the study. Specifically, shocks emanating from a decline in oil price have a stronger positive impact on real GDP, whereas, a shock due to the rise in oil price has a weaker negative impact on real GDP. Impulse responses confirm that shocks due to a decline in oil prices are long-lasting compared to similar shocks due to a rise in oil prices. Therefore, this study concludes that the macroeconomic impact of oil price shock is asymmetric in India. Originality/value This paper adds the following new insights: First, this paper presents a distinct relationship between the growth rate of oil price and GDP during increasing and decreasing phases of oil price to drive home the case for this study. Second, India has adopted crucial administrative initiatives such as deregulation of the market for petroleum products and the promotion of renewable energy during the study period. Finally, previous studies have revealed specific behavioral and economic features of people in India with respect to the demand for petroleum products. In light of these factors, this paper based on Indian experience would be justified.

Immigration and Islam fears will fuel Germany's PEGIDA

2015 ◽  
Keyword(s):  
Cultural Identity ◽  
Economic Performance ◽  
Asylum Seekers ◽  
Drug Dealer ◽  
Content Type ◽  
Eu Member States ◽  
The United Kingdom ◽  
The Government ◽  
And Migration ◽  
German Cities

Significance PEGIDA, which was founded in October 2014 in Dresden by Lutz Bachmann, a convicted drug dealer and burglar, has established a pattern of weekly rallies attracting thousands of demonstrators across Germany, although its support is strongest in Dresden, the capital of Saxony. The January 5 rally mobilised a record 18,000 protesters, dwarfing the counter-demonstration of a few thousand people. Notwithstanding the strong resistance to PEGIDA in other German cities -- an estimated 30,000 counter-demonstrators marched on January 5 in Dresden, Stuttgart, Hamburg, Muenster, Berlin and Cologne -- the strength and persistence of the movement have sparked a debate in Germany and beyond about cultural identity and migration in an increasingly fractured and troubled region. Impacts The government may face challenges to reduce the number of asylum seekers, and could turn to other EU member states to ease the pressure. Concerns about immigration and cultural assimilation are decoupled from Germany's economic performance, which remains strong. Although manifested very differently, Germany, France and the United Kingdom are all showing signs of strain over immigration and Islam.

Prospects for Europe in the third quarter

2015 ◽  
Keyword(s):  
United Kingdom ◽  
Single Currency ◽  
Member States ◽  
Content Type ◽  
The Third ◽  
The United Kingdom ◽  
The Future ◽  
The Eu ◽  
The Way

Subject Prospects for Europe in the third quarter. Significance For the rest of June and the third quarter, the EU will grapple with the future positions within the bloc of two member states, the United Kingdom and Greece. The period will see the resolution, one way or another, of the immediate crisis in Greece's relations with its international creditors. The way in which this takes place will have profound implications for the future of the single currency.

UK trade and investment will be vulnerable to Brexit

2017 ◽  
Keyword(s):  
United Kingdom ◽  
Intention To Leave ◽  
Content Type ◽  
Independence Movement ◽  
The United Kingdom ◽  
Physical Infrastructure ◽  
Large Scope ◽  
Scottish Independence ◽  
Trade And Investment ◽  
Economic Outlook

Subject UK economic prospects against the backdrop of the Brexit negotiations Significance The March purchasing managers' survey showed manufacturing expanded for an eighth month while services also grew steadily. However, productivity growth remained below the 1994-2007 average in the final three months of 2016, and risks to the economic outlook rose on March 29, when the United Kingdom notified the EU of its intention to leave. Last month, the Office for Budget Responsibility (OBR) surveyed UK economic prospects, forecasting economic variables to 2021 without directly assessing the likely impact of Brexit. The gravity model can be used to assess its impact on trade prospects. Impacts If US President Donald Trump follows through on his most extreme trade threats, this would dwarf the Brexit disruption. Difficult Brexit negotiations and slower UK GDP growth could fuel support for the Scottish independence movement. The United Kingdom is ranked relatively low globally for its physical infrastructure, offering large scope for improvement.

scholarly journals A Shared Population of Epidemic Methicillin-Resistant Staphylococcus aureus 15 Circulates in Humans and Companion Animals

mBio ◽  
2014 ◽  
Vol 5 (3) ◽  
Author(s):  
Ewan M. Harrison ◽  
Lucy A. Weinert ◽  
Matthew T. G. Holden ◽  
John J. Welch ◽  
Katherine Wilson ◽  
...  
Keyword(s):  
Staphylococcus Aureus ◽  
United Kingdom ◽  
One Health ◽  
Companion Animals ◽  
Methicillin Resistant ◽  
Content Type ◽  
The United Kingdom ◽  
Animal Populations ◽  
The One ◽  
Veterinary Hospital

ABSTRACTMethicillin-resistantStaphylococcus aureus(MRSA) is a global human health problem causing infections in both hospitals and the community. Companion animals, such as cats, dogs, and horses, are also frequently colonized by MRSA and can become infected. We sequenced the genomes of 46 multilocus sequence type (ST) 22 MRSA isolates from cats and dogs in the United Kingdom and compared these to an extensive population framework of human isolates from the same lineage. Phylogenomic analyses showed that all companion animal isolates were interspersed throughout the epidemic MRSA-15 (EMRSA-15) pandemic clade and clustered with human isolates from the United Kingdom, with human isolates basal to those from companion animals, suggesting a human source for isolates infecting companion animals. A number of isolates from the same veterinary hospital clustered together, suggesting that as in human hospitals, EMRSA-15 isolates are readily transmitted in the veterinary hospital setting. Genome-wide association analysis did not identify any host-specific single nucleotide polymorphisms (SNPs) or virulence factors. However, isolates from companion animals were significantly less likely to harbor a plasmid encoding erythromycin resistance. When this plasmid was present in animal-associated isolates, it was more likely to contain mutations mediating resistance to clindamycin. This finding is consistent with the low levels of erythromycin and high levels of clindamycin used in veterinary medicine in the United Kingdom. This study furthers the “one health” view of infectious diseases that the pathogen pool of human and animal populations are intrinsically linked and provides evidence that antibiotic usage in animal medicine is shaping the population of a major human pathogen.IMPORTANCEMethicillin-resistantStaphylococcus aureus(MRSA) is major problem in human medicine. Companion animals, such as cats, dogs, and horses, can also become colonized and infected by MRSA. Here, we demonstrate that a shared population of an important and globally disseminated lineage of MRSA can infect both humans and companion animals without undergoing host adaptation. This suggests that companion animals might act as a reservoir for human infections. We also show that the isolates from companion animals have differences in the presence of certain antibiotic resistance genes. This study furthers the “one health” view of infectious diseases by demonstrating that the pool of MRSA isolates in the human and animal populations are shared and highlights how different antibiotic usage patterns between human and veterinary medicine can shape the population of bacterial pathogens.

Prospects for the US economy in 2022

2021 ◽  
Keyword(s):  
Monetary Policy ◽  
Social Infrastructure ◽  
Content Type ◽  
The Third ◽  
Us Economy ◽  
Real Gdp ◽  
Personal Consumption ◽  
The Us ◽  
Fiscal And Monetary Policy

Subject Prospects for the US economy in 2022. Significance The US economy has recovered quickly, with real GDP surpassing the level of the previous peak by the third quarter. Personal consumption spending is 8.6% above pre-pandemic levels but employment remains well below, while supply/demand imbalances will ease only gradually through 2022. Fiscal and monetary policy will be less expansionary, even if President Joe Biden’s second, USD2tn social infrastructure bill passes, and if rates stay on hold well into next year.

Shallower recession will not boost Russia's GDP hopes

2020 ◽  
Keyword(s):  
Central Bank ◽  
Economic Performance ◽  
Oil Prices ◽  
Domestic Demand ◽  
Productive Capacity ◽  
Monetary Policies ◽  
Content Type ◽  
The Third ◽  
Permanent Loss ◽  
Vulnerable Population Groups

Significance The ministry's optimism is based on a recovery in global oil prices, the limited effects of COVID-19 lockdown measures on industries and businesses, and a rebound in domestic demand. It expects economic performance to return to pre-pandemic levels by the third quarter of 2021. Impacts A permanent loss of productive capacity in some sectors would fuel inflation. This and other inflationary pressures may force the central bank to shift from accommodating to restrictive monetary policies. Job losses in small and medium-sized companies will hurt the most vulnerable population groups.

UAE economy will pull through downturn

2016 ◽  
Keyword(s):  
United Arab Emirates ◽  
Current Account Deficit ◽  
Oil Prices ◽  
International Standards ◽  
Oil Price ◽  
Content Type ◽  
Foreign Companies ◽  
Pull Through ◽  
The One ◽  
Economic Outlook

Subject UAE economic outlook. Significance This year the United Arab Emirates (UAE) may see its first current account deficit on record and its largest fiscal deficit in decades. Given that the oil price crash is deeper and more prolonged than the one in 2008-09, which was followed by a serious financial crisis in Dubai, there are concerns that the current downturn could lead to a repeat of this. Impacts Foreign companies can continue to invest with confidence in the UAE. Although some costs, including taxes, will increase, the UAE will remain highly competitive by international standards. If oil prices are higher than expected, this will largely be funneled into renewed outbound investment. The UAE is politically stable and there is little sign of any threats on the horizon.

scholarly journals Analysing trademark and social media in the fashion industry: tools that impact performance and internationalization for SMEs

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Laura Rienda ◽  
Lorena Ruiz-Fernández ◽  
Lindsey Carey
Keyword(s):  
Social Media ◽  
Structural Equation ◽  
International Markets ◽  
Bivariate Analysis ◽  
Fashion Industry ◽  
Content Type ◽  
Registered Trademark ◽  
Impact Performance ◽  
The United Kingdom ◽  
The One

PurposeThis research investigates the role that having a trademark and a social media presence play in the development of international activities as well as their influence on performance for small and medium-sized enterprises (SMEs) operating within the fashion sector of the United Kingdom and Ireland.Design/methodology/approachQuantitative analysis was carried out by integrating information from several data sources. The hypotheses proposed in the authors’ research model are tested on a sample of 102 SMEs, applying bivariate analysis and variance-based structural equation modelling (partial least squares).FindingsBased on the authors’ empirical evidence, the fashion SMEs could improve their performance through two important marketing tools: registered trademark and social media. On the one hand, SMEs with a registered trademark are more present in the international markets, and it also implies higher performance. On the other hand, there is no significant relationship between SMEs with social media and a presence in international markets.Originality/valueThe aim of this paper is to investigate the effect of trademark and social media participation on firms which varies depending on what managers of fashion-related SME companies want to prioritize. Hence, these two marketing tools could be useful for managers to decide on what resources to invest, to register a trademark or to be present in social media, subject to their firms' strategy and objectives.

Brexit’s long-term impact on Ireland will be modest

2021 ◽  
Keyword(s):  
Food Industry ◽  
Multinational Companies ◽  
Trade Surplus ◽  
Land Bridge ◽  
Content Type ◽  
The United Kingdom ◽  
Long Term Impact ◽  
The Uk ◽  
The Eu

Significance The agri-food industry will be particularly hurt by new customs and regulatory checks, as will pharmaceuticals and chemicals, electric and electronic machinery, and wholesale and retail. Ireland’s trade with the EU will also be disrupted because of Ireland’s extensive use of the UK land-bridge for international trade. Impacts Brexit will worsen regional inequality in Ireland, as most of the worst-affected industries are located outside the Dublin area. Irish consumers and UK exporters stand to lose, as the United Kingdom ran a large trade surplus with Ireland before Brexit. A main threat to Irish economic growth would be if large multinational companies decided to leave Ireland. Ireland could experience an influx of low-skilled EU labour migrants following UK plans to make this kind of immigration more difficult.

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