GROUP OF 11 - G11
Forum of developing nations which aims to alleviate member countries’ debt burdens so these countries can concentrate on increasing internal wealth development. Established in 2006, King Abdullah of Jordan originally conceived the G-11. The group is comprised of the following member countries: Croatia, Ecuador, El Salvador, Georgia, Honduras, Indonesia, Jordan, Morocco, Pakistan, Paraguay, and Sri Lanka.
POPULAR TERMS
Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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| Time | Country | Indices | Period |
|---|---|---|---|
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| 03:45 | Markit Final Manufacturing PMI | Oct | |
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| 09:33 | Retail Sales | Sep | |
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