Key Economic News to Watch This Week: October 15
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The European Union is expected to meet later this week and both Spain and Greece are expected to top the agenda of the two-day meeting held in Brussels. This week also, China reports its Q3 GDP numbers and early estimates suggest the world’s second largest economy may have grown at a rate of 7.4 percent, slightly slower than its 7.6 percent growth rate in Q2.
Monday, October 15
The European Union is expected to meet later this week and both Spain and Greece are expected to top the agenda of the two-day meeting held in Brussels. This week also, China reports its Q3 GDP numbers and early estimates suggest the world’s second largest economy may have grown at a rate of 7.4 percent, slightly slower than its 7.6 percent growth rate in Q2.
Monday, October 15
The winner of the 2011 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel is announced by the Royal Swedish Academy of Sciences in Stockholm.
The 10th annual meeting of finance ministers and officials from Asia and Europe takes place in Bangkok. Participants will be looking at ways to promote closer cooperation between the two regions, particularly when it comes to economic and financial ties.
WTO Director-General Pascal Lamy visits Indonesia.
The UN Security Council is scheduled to meet in New York. The agenda is to include the quarterly open debate on the Middle East, with a briefing by Jeffrey Feltman, under-secretary-general for political affairs.
Tuesday, October 16
The Global Economic Symposium is in Rio de Janeiro, Brazil, until October 17. More than 600 leading decision-makers from politics, business, finance, academia and civil society will attend.
Wednesday, October 17
UN International Day for the Eradication of Poverty.
Related News: 35 Million Brazilians Escaped Poverty over Last Decade: Study
Related News: One in Eight of World Population is Chronically Undernourished: UN
Thursday, October 18
The two-day EU Summit takes place in Brussels and both Spain and Greece are expected to dominate the agenda once again.
China releases its Q3 GDP growth numbers. Analysts are expecting growth in the world’s second largest economy to slow to 7.4 percent, in line with recent reports of a manufacturing and export slowdown.
Related News: China’s Slowdown a Drag for East Asian Economies: World Bank
Related News: China Hints at ‘Steady’ Monetary Easing As Economy Slows
Related Story: Is There Any Credibility Left In China’s Bull Case?: Michael Pettis
Sunday, October 21
The fourth World Health Summit is held in Berlin and will focus on emerging solutions for non-communicable diseases and conditions of global concern.
Related Story: A Global Health Care Remedy – Why We Must Fix High Drug Prices: Joseph Stiglitz
