TODAY’S TOP ARTICLES – 25 AUG 2014

France: French Economy Minister Urges to Stop Austerity
French Economy Minister Arnaud Montebourg said on Sunday that France should resist Germany’s austerity policies and put forward alternative policies that support household consumption and growth. (Source: Business Insider)

United States: Fewer Economists Believe US Policy on Right Track
The Federal Reserve’s monetary policy is headed in the right direction, but the U.S. also needs to enact structural policies in order to stimulate stronger economic growth, according to a new survey released Monday. (Source: CNBC)

Korea: Korea’s Biggest Fund Manager Sees One More BOK Rate Cut: Economy
According to Korea’s biggest fund manager, Samsung Asset Management Co., the Central Bank will most likely cut borrowing costs for the second time this year in order to boost growth. The decision might come as a consequence of the weak economic sentiment that has been recorded lately. (Source: Bloomberg)

Japan: BoJ may Ease Policy for ‘Some Time’ to Slay Deflation
The Bank of Japan may have to pursue its aggressive monetary policy easing for “some time” to fully vanquish deflation, BoJ Governor Haruhiko Kuroda said on Saturday. The public is not yet convinced that Japan’s central bank will hit its 2 percent inflation target. Kuroda added that creating that expectation was necessary to get firms to raise wages – a key step in Japan’s long war with deflation. (Source: Reuters)

Argentina: Argentina to Appeal WTO Ruling on Import Restrictions
The World Trade Organization (WTO) ruled against Argentina’s use of imports restrictions. (Source: Reuters)

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

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