High dollar to slow economic growth more than previously expected, says bank
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OTTAWA (CP) - Weighed down by a strong dollar, the economy will grow at a slightly slower pace this year than previously thought, the Bank of Canada said Thursday.
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The International Monetary Fund warns that rising interest rates in some of the world's biggest economies may slow global house price growth.
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SYDNEY Rising oil prices may slow Australia&#39;s economic growth rate in the short term by damping global demand for exports, and by cooling consumer spending, the central bank said Thursday.
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A weak U.S. dollar is expected to affect profitability.
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US economic growth is expected to slow in 2005 due to rising interest rates and high crude oil prices, according to a forecast of participants at a Federal Reserve Bank of Chicago conference released on Monday.
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Business & money: Growth will slow markedly next year and is unlikely to see a recovery until after 2009, the CBI warns
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China is expected to take more steps to slow its galloping economy, a key engine of global growth, after hiking borrowing costs in a bid to stop the boom giving way to a bust.
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China's central bank said it was  considering further measures to rein in growth in the world's  seventh-largest economy, but would take a hard look at August  economic data before making any decisions.
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Growth of the German economy, the biggest in the 12-country eurozone, is expected to slow to just 1.4 percent next year from 1.8 percent expected this year, the government's so-called &quot;Five Wise Men&quot; panel of independent economic advisors forecast.
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The double whammy of higher oil prices and unfavourable weather conditions for agriculture, will slow the countryâs economic growth to 6.5 per cent in 2004, and an even lower level of 6 per cent in 2005, according to an Asian Development Bank (ADB
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"Growth will slow down, due to increased global risk"  Germany's economy minister and a leading economic institute said Wednesday they expect 2008 growth to cool amid rising food and oil prices and fallout from the U.S. subprime mortgage loan crisis.Economy Minster Michael Glos was quoted by the mass-circulation Bild daily as saying the government was scaling back its forecast for 2008 to just under 2 percent. He did not give an exact figure.The Berlin-based DIW economic institute said it expected gross domestic product to expand by 2.1 percent in the coming year, following growth of at least 2.4 percent in 2007. Read more
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LONDON: A leading business group cut its 2005 forecast for British economic growth yesterday, blaming a combination of high oil and commodity prices, slowing global growth and domestic interest rate rises.
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The International Monetary Fund has cut its forecast for global growth next year slightly amid expectations that the U.S. and Chinese economies will not expand as strongly as previously thought.
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Eurozone figures to be released this week should show business confidence beginning to slide again owing to concern over slowing growth and the strong euro, economists said.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic slowdown posed growing dangers.
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Singapore&#39;s economic growth slowed to 7.7 percent in the third quarter after a 12.5 percent rise in the previous three months, as its central bank said it would keep a tight rein on monetary policy to support growth amid rising oil prices.
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Higher oil prices, if sustained, could sharply cut economic growth in Asia and trigger sharp rises in inflation and interest rates, according to the chief economist of the Asian Development Bank (ADB).