TODAY’S TOP ARTICLES – 27 MAY 2014

Southeast Asia: Why Thai crisis won’t hurt the rest of Southeast Asia ?
While political turmoil in Thailand is already having an impact on the domestic economy, most analysts do not expect negative spillover effects to other countries in the region. In fact, some predict that neighboring economies could benefit from the relocation of tourism and industry. (Source: CNBC)

Japan: Japan Risks Low Growth Even as Easing Spurs Inflation
Japan’s risk of spurring inflation without boosting the nation’s growth potential is raising the stakes for PM Shinzo Abe’s next round of economic restructuring measures, due in June. An economy “with low real growth rates under mild inflation” is possible, should the government fail to deliver, a Bank of Japan representative said yesterday. (Source: Bloomberg)

Thailand: Rice in Thailand Climbing on Signs Army Won’t Allow Cheap Sales
Thailand’s coup leaders declared that they will sell stocks of rice in order to pay the farmers who are owed money from the former government’s rice scheme. As a result, the price for rice is expected to rise as much as 8.0% as the military government will not allow any speculation. Rising demand for rice is expected to boost Thai exports to 10 million tons this year. (Source: Bloomberg)

Russia: Economy to Grow by 0.5% in 2014, Central Bank Chief Says
Russia’s Central Bank Governor Elvira Nabiullina said that the Russian economy will probably grow 0.5% in 2014. The Central Bank is likely to revise down its official growth forecast from a previous estimate of 0.9% to 0.5%. However, Nabiullina stated that the risks from the Ukraine crisis would not be “large scale.” (Source: The Moscow Times)

Russia-China: What Russia-China Relations Mean for the Dollar
The recent mega gas deal between China and Russia represents yet another sign that the domination of the U.S. dollar may finally be coming to an end. According to some sources, the two countries would bypass the U.S. currency and trade in local currencies. (Source: CNBC)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s