economy

 Indian laborers handle banana branches at the largest and busiest wholesale fruit market in Calcutta, eastern India, 16 November 2016. Media reports state major wholesalers are facing troubles selling their stock of fresh fruits and vegetables as cash shortages continues to affect the market.  Indian Prime Minister Narendra Modi announced the elimination of the 500 and 1,000 rupee bills (7.37 and 14.73 US dollars, respectively), hours before the measure took effect at midnight 08 November, for the purpose of fighting against 'black money' (hidden assets) and corruption in the country. The decision sparked some protests, while storekeepers complained about dwindling sales because many citizens lack the cash to buy the most basic products, as lines get longer at ATMs and banks.  EPA/PIYAL ADHIKARY

Piyal Adhikary/EPA

Indian laborers handle banana branches at the largest and busiest wholesale fruit market in Calcutta, India. Photo Piyal Adhikary/EPA 

Indian villagers wait in a queue outside a bank to deposit and exchange 500 and 1000 rupee notes in Chandrapur Village, some 30 kms from Guwahati on November 15, 2016.  / AFP / Biju BORO        (Photo credit should read BIJU BORO/AFP/Getty Images) *** BEST

Biju Boro/AFP/Getty

Indian villagers wait in a queue outside a bank to deposit and exchange 500 and 1000 rupee notes in Chandrapur Village. Photo Biju Boro/AFP/Getty

A man places newly made clay pots in a fire pit at a workshop in Biyagama, Sri Lanka November 16, 2016. REUTERS/Dinuka Liyanawatte

Dinuka Liyanawatte/Reuters

A man places newly made clay pots in a fire pit at a workshop in Biyagama, Sri Lanka. Photo Dinuka Liyanawatte/Reuters 

Rubber masks depicting President-elect Donald Trump are prepared for final touch at the Ogawa Studio in Saitama, north of Tokyo, Tuesday, Nov. 15, 2016. Ogawa Studio, the only manufacturer of rubber masks in Japan, is working non-stop to catch up with a flood of orders for Trump masks since his election victory one week ago. The masks cost 2,400 yen or US$ 22.4 dollars each and are on sale at local toy shops, retail stores as well as through the internet shopping sites. (AP Photo/Eugene Hoshiko)

Eugene Hoshiko/AP

Rubber masks depicting President-elect Donald Trump are prepared for final touch at the Ogawa Studio in Saitama, north of Tokyo. Ogawa Studio, the only manufacturer of rubber masks in Japan, is working non-stop to catch up with a flood of orders for Trump masks since his election victory one week ago. The masks cost 2,400 yen or US$ 22.4 dollars each and are on sale at local toy shops, retail stores as well as through the internet shopping sites. Photo Eugene Hoshiko/AP

A cow stands beside a queue of people waiting to exchange their old high denomination banknotes outside a bank in Allahabad, India, November 15, 2016. REUTERS/Jitendra Prakash

Jitendra Prakash/Reuters

A cow stands beside a queue of people waiting to exchange their old high denomination banknotes outside a bank in Allahabad, India. Photo Jitendra Prakash/Reuters 

A Filipino woman walks outside the Philippine Stock Exchange at the financial district of Manila, Philippines on Wednesday, Nov. 9, 2016. The prospect of a Trump presidency jolted markets around the world Wednesday, sending Dow futures and Asian stock prices sharply lower as investors panicked over uncertainties on trade, immigration and geopolitical tensions. (AP Photo/Aaron Favila)

Aaron Favila/AP

A Filipino woman walks outside the Philippine Stock Exchange at the financial district of Manila, Philippines. The prospect of a Trump presidency jolted markets around the world on Wednesday, sending Dow futures and Asian stock prices sharply lower as investors panicked over uncertainties on trade, immigration and geopolitical tensions. Photo Aaron Favila/AP 

An employee waits for customers at a hijab shop in Kuala Lumpur on November 8, 2016.

Mohd Rasfan/AFP/Getty

An employee waits for customers at a hijab shop in Kuala Lumpur. Photo Mohd Rasfan/AFP/Getty 

A shopfitter hoovers the floor of a Selfridge's Christmas window display at the flagship store on Oxford Street on October 20, 2016 in London, England. The 2016 Selfridges Christmas window displays are were unveiled for the first time today and are often the first to do so in London. The 2016 theme is titled 'Shine on' and features Father Christmas in many of the windows.  (Photo by Chris J Ratcliffe/Getty Images)

Chris J Ratcliffe/Getty

A shopfitter hoovers the floor of a Selfridge’s Christmas window display at the flagship store on Oxford Street. The 2016 Selfridges Christmas window displays are were unveiled for the first time today and are often the first to do so in London. The 2016 theme is titled ‘Shine on’ and features Father Christmas in many of the windows. Photo Chris J Ratcliffe/Getty 

Labourers lift a sack of potatoes to load onto a supply truck at a wholesale market in Kolkata, India, October 14, 2016. REUTERS/Rupak De Chowdhuri

Rupak De Chowdhuri/Reuters

Labourers lift a sack of potatoes to load onto a supply truck at a wholesale market in Kolkata, India. Photo Rupak De Chowdhuri/Reuters

German Vice Chancellor, Economy and Energy Minister Sigmar Gabriel (top, C) gives a statement on a decision decision of the country's Constitutional Court on the approval of the planned EU-Canada free trade deal, on October 13, 2016 in Berlin. Germany's top court the government the go-ahead to approve a planned EU-Canada free trade deal, in a setback for activists who had sought to block the agreement. The Constitutional Court did set certain conditions however, stipulating that Germany may only commit to the so-called CETA deal if it wins assurances that it can quit the accord at a later stage if asked to do so by the court. / AFP PHOTO / dpa / Kay Nietfeld / Germany OUTKAY NIETFELD/AFP/Getty Images

Kay Nietfeld/dpa/AFP/Getty

German Vice Chancellor, Economy and Energy Minister Sigmar Gabriel (top, C) gives a statement on a decision decision of the country’s Constitutional Court on the approval of the planned EU-Canada free trade deal in Berlin. Photo Kay Nietfeld/dpa/AFP/Getty 

epa05425606 Workers install a commercial advertisement on the side of a building in Beijing, China, 15 July 2016. China's Gross Domestic Product (GDP) growth was at 6.7 percent in the second quarter of 2016, according to figures from the National Bureau of Statistics (NBS). The growth is the lowest rate recorded since 2009.  EPA/ROLEX DELA PENA

Rolex Dela Pena/EPA

Workers install a commercial advertisement on the side of a building in Beijing 

Pedestrians walk past the Bank of England (BOE) in the City of London on July 14, 2016. The Bank of England kept Thursday its interest rate at 0.50 percent, but signalled a possible August cut in response to Britain's vote to exit the EU. At its first monetary policy meeting since the June 23 referendum vote on Brexit, the BoE also maintained the amount of cash stimulus pumping around the economy at £375 billion ($497 billion, 448 billion euros), it said in a statement.  / AFP PHOTO / NIKLAS HALLE'NNIKLAS HALLE'N/AFP/Getty Images

Niklas Halle'n/AFP/Getty

Pedestrians walk past the Bank of England in the City of London. The Bank of England kept Thursday its interest rate at 0.50 percent, but signalled a possible August cut in response to Britain’s vote to exit the EU 

This picture taken on July 12, 2016 shows a street vendor pulling his cart packed with stuffed animals along a street in Shanghai. China's growth slipped to a new seven-year low of 6.6 percent in the second quarter, according to a survey of economists by AFP, despite government efforts to spur activity in the world's second-largest economy. / AFP PHOTO / JOHANNES EISELE / TO GO WITH China-economy-growth-GDP,POLL by Bill SavadoveJOHANNES EISELE/AFP/Getty Images

Johannes Eisele/AFP/Getty

A street vendor is seen pulling his cart packed with stuffed animals along a street in Shanghai. China’s growth slipped to a new seven-year low of 6.6 percent in the second quarter, according to a survey of economists by AFP, despite government efforts to spur activity in the world’s second-largest economy 

epa05420251 A picture made available on 11 July and taken with slow exposure shows an overview of Nepalese is shopping in very old Ason market in Kathmandu, Nepal. 03 July 2016#. The recent report published on 01 January 2016, the population of Nepal was estimated to be 28 679 524 people. This is an increase of 1.18 % (335 312 people) compared to 2015. The capital Kathmandu are becoming more populous city as people from around the country start settling in  Kathmandu , due to  all types of human facilities, Migration, globalization, government plan and policies, and political condition are the main factors .  So Now Nepal is listed on the one of the world’s 50 populous countries.  EPA/NARENDRA SHRESTHA

Narendra Shrestha/EPA

This photo taken with slow exposure shows an overview of Nepalese shopping in the very old Ason market in Kathmandu, Nepal

Bank of England governor Mark Carney speaks during a news conference at the Bank of England in London, Britain July 5, 2016. REUTERS/Dylan Martinez

Dylan Martinez/Reuters

Bank of England governor Mark Carney speaks during a news conference at the Bank of England in London 

Women stand outside their shop near veils displayed on mannequins for sale during the holy month of Ramadan in Tyre old city, southern Lebanon June 12, 2016. Picture taken June 12, 2016. REUTERS/Ali Hashisho

Ali Hashisho/Reuters

Women stand outside their shop near veils displayed on mannequins for sale during the holy month of Ramadan in Tyre old city, southern Lebanon

A performer dressed as a bird takes part in a show during the opening ceremony of the NEAT Gotthard Base Tunnel, the world's longest and deepest rail tunnel, near the town of Erstfeld, Switzerland June 1, 2016. The 57.1-km (35.5 mile)-long Gotthard Base Tunnel, 17 years under construction and designed to last a century, is part of a 23 billion Swiss franc (23.1 billion USD) infrastructure project to speed passengers and cargo by rail below the Alps, as much as 2.3 km (1.7 miles) under the mountain chain, that divides Europe's north and south.  REUTERS/Ruben Sprich

Ruben Sprich/Reuters

A performer dressed as a bird takes part in a show during the opening ceremony of the NEAT Gotthard Base Tunnel, the world’s longest and deepest rail tunnel, near the town of Erstfeld, Switzerland

Indian labourers unload sacks of onion from a truck at a wholesale market in Chennai on June 1, 2016.  India's economy grew 7.6 percent in 2015-16, official figures showed May 31, retaining its place as the world's fastest-growing major economy and providing a boost to the right-wing government as it marks two years in power. Gross domestic product (GDP) expanded at a faster pace in the fourth quarter of the financial year, growing 7.9 percent year-on-year, the Central Statistics Office data showed. / AFP PHOTO / ARUN SANKARARUN SANKAR/AFP/Getty Images

Arun Sankar/AFP/Getty

Indian labourers unload sacks of onions from a truck at a wholesale market in Chennai. India’s economy grew 7.6 percent in 2015-16, official figures showed on May 31, retaining its place as the world’s fastest-growing major economy 

A man passes closed shops at Hastings in southeast England May 9, 2016. To match Special Report BRITAIN-EU/UNDECIDED    REUTERS/Luke MacGregor

Luke MacGregor/Reuters

A man passes closed shops at Hastings in southeast England 

Workers sit as they take a break near a banner of a new apartment in Jakarta, Indonesia, May 18, 2016. REUTERS/Beawiharta

Beawiharta/Reuters

Workers sit as they take a break near a banner of a new apartment in Jakarta, Indonesia