World economy is expected to grow 3.7 per cent in 2017, which, while unimpressive by historical standards, suggests meaningfully firmer growth than in 2016, says Barclays, the UK-based multinational banking and financial services company.
Mena equity markets will have a challenging 2015, while lower than expected oil prices will continue to adversely impact market performance and bond markets remain a key focus for local liquidity, a report said.
Mena equity market
An anemic recovery in the US, a technical recession in the UK, a struggling Europe, a suffering Japan and a sluggish performance in emerging markets count among the global markets outlook for 2013, said an expert.
The issues facin
Global economic recovery will be flat and will take at least another 18 months to work its way through lay-offs, write downs and rationalisations, says a report from a top European bank.
And things could get worse before they get better,