BoE Reduces United Kingdom Growth Estimate

  Ever since gaining independence, in its most pessimistic mid-term forecasts, the famous Bank of England (BoE) recently predicted that the weak recovery of the Britain economy reveals indication of advancing, and inflation is expected to be greater than earlier…

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Caterpillar Becomes the Latest Corporate to Give Grim Forecast

  The latest corporate to indicate towards weak global economy is the American engine and machinery manufacturer, Caterpillar. Looking at the sluggish demand for heavy engines and machineries, the company slashed its forecast of 2015 earnings and stated that 2014…

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