UCF Global Perspectives

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Tag Archives: Field

India Reduces Foreign Ownership Rules

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On Monday June 20, 2016, the Indian government announced plans to reduce foreign ownership rules (AP). Prime Minister Narendra Modi stated, “India is the most open economy in the world for foreign direct investment (Times of India).” The country’s leaders explained that an increase in the opportunity for foreign investment will strengthen job creation and […]

World Bank Cuts Growth Forecast

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The World Bank reduced its 2016 economic growth forecast from 2.9% in January to 2.4% (Reuters). Economists continue to remain pessimistic about low commodity prices in developing countries, weak growth in advanced economies and political uncertainty around the world (AP; WSJ). The World Bank is fearful of the future state of the global economy because […]