Gross Domestic Product Figures

THE BEAR'S LAIR : Inflation or deflation?

The US economic downturn raises fears that deflation rather than inflation should be the prime cause for concern. Yet recent terrible economic numbers suggest the bottom of the recession will be reached quickly. Thereafter,...

Dawnay Day +ve on banking in longterm

Sheshadri Bharatan, Dawnay Day AV Financial Services said markets are in a downward trend. For a longerterm view according to him, banks which have very higher Current Account and Saving Account (CASA) deposits banks like PNB,...

U.S. in recession, jobless to peak at 7.5 percent: survey

WASHINGTON (Reuters) - The U.S. economy is in recession and will contract at a faster pace in the fourth quarter, extending the decline into early 2009 as high unemployment crimps consumer spending, a survey showed.

Iceland's Decision to Ensure Foreign Deposits Opens Way for Aid

An weekend agreement could see Iceland getting the international aid it needs to emergy from the crisis that has devastated its economy. Iceland will repay thousands of foreign savers who had money in now-frozen accounts

Nigeria: Merrill Lynch Ranks Country World's Safest Economy

A major boost was given to Nigeria's quest for foreign investment inflow at the weekend as the country was named the least vulnerable economy in the world, according to a report, Global Economics, compiled by a team of experts...

European currencies rebound on 'profit-taking; Commodities remain soft on continued global demand...

ECONOMIC DATA - (FR) bank of France Oct Business Sentiment: 77 v 85e; BOF sees Q4 GDP at -0.5% - (DE) Denmark Oct Wholesale Prices M/M: -2.6% v -0.9% prior; Y/Y: 3.1% v 6.9% prior - (NO) Norwegian Oct Trade Balance: NOK32.2B v...

An Open Letter to the Wall Street Journal

This concept has been trumpeted all over the country. It has thrown the financial markets into terror. Both stocks and commodities plunged from late Sept. to late October. The Fed has responded to this terror with the greatest...

RI`s economy grows 6.1 pct

Jakarta (ANTARA News) - The Indonesian economy expanded by 6.1 percent in the third quarter of 2008, driven by high exports, investment and consumption albeit at a slow pace. Compared to the previous quarter, the economy grew...

Huge Variation In Healthy Life Years From The Age Of 50 In The 25 EU Countries - The Lancet

Substantial inequalities in healthy life years (HLYs) from the age of 50 years exist in the 25 countries of the European Union (EU). The higher a country's gross domestic product (GDP) and spending on elderly care, the more...

Moldova – a leader by share of remittances in GDP

Moldova ranks second in the list of the top recipients in terms of the share of remittances in GDP among developing countries with a share of 38.3% in 2007. It is outstripped by Tajikistan with a 45.5% share, according to the...

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