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Euro zone economic activity at record low; No improvement in sight

The euro zone economic activity continues to be at record low due to lower economic growth and worsening debt crisis across the region. The Markit compiled Purchasing Managers’ Index (PMI) stood...

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Euro zone manufacturing activity continues to drop; heading for another...

Euro zone manufacturing activity continues to drop as the Markit compiled Purchasing Managers Index (PMI), an effective parameter to judge the manufacturing and services activities stood at 46.6 in...

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Euro zone manufacturing activity continues to contract; August PMI at 45.1

Euro zone manufacturing sector continues to contract in August as well as the Markit compiled Purchasing Managers Index (PMI) stood at 45.1 in August compared to three-year low reading of 44 in July....

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Eurozone manufacturing activity continues to contract; Euro zone debt crisis...

The euro zone manufacturing activity continues to contract for the consecutive fifteenth month in October due to worsening debt crisis and lower economic activity. The Markit compiled Purchasing...

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Euro zone falls into double dip recession after 2009

The euro zone consisting of 17 nations falls back into double dip recession after recession in 2009 with economic contraction for two consecutive quarters as Germany and France were unable to avert the...

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Eurozone manufacturing sector contraction slows in Jan; may see growth soon

The contraction of manufacturing sector across the euro zone slowed in January as the Markit compiled Purchasing Managers’ Index, an important parameter to judge the activity in the sector, increased...

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Current Affairs Global – 23 August 2013

1. Foreign Direct Investment to China jumped to USD 9.41 billion in July which is 24.13% year on year increase compared to same month last year. For the first seven months of the current year, China’s...

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Current Affairs Global – 14 November 2013

1. World Diabetes Day is observed today (14th November) across the world to raise awareness of diabetes-a chronic disease. This is an annual campaign, led by the International Diabetes Federation (IDF)...

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Current Affairs Global – 15 May 2014

1. UN Secretary-General Ban Ki-moon appointed Norwegian general Major Gen. Kristin Lund to command a United Nations peacekeeping force. With this, she will be the first woman to lead a UN peacekeeping...

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Current Affairs Global – 13 February 2015

1. World Radio Day is observe today (13th February) across the world to celebrate radio as a medium for communication, entertainment and information for remote communities and its role in communicating...

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