Stagflation
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CARACAS, May 23- Venezuela is slipping into high inflation and economic stagnation this year due to a shortage of hard currency and a decade-long weakening of domestic industry, the head of the country's main business group Fedecamaras said.
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CARACAS, May 23- Venezuela is slipping into high inflation and economic stagnation this year due to a shortage of hard currency and a decade-long weakening of domestic industry, the head of the country's main business group Fedecamaras said.
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LONDON, March 15- Bank of England chief Mervyn King suggested this week the "black cloud" over the economy may be lifting, but with assets buoyant and the pound feeble, what investors think of Britain's growth prospects is less clear.
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Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.