Tag: GDP

• Monday, February 14th 2011 - 05:48 UTC

  Alleging national security, China plans to review foreign attempts to buy local companies

  

  China is launching a body to review foreign attempts to buy local companies in a move that might add to strains over access to its markets.

• Thursday, February 10th 2011 - 23:06 UTC

  Japan’s public debt and fiscal deficit “unsustainable” warns IMF

  

  The weight of Japan's public debt, the highest in the world, is unsustainable in the medium and long term warned this week Naoyuki Shinohara, Deputy Executive Director of the International Monetary Fund.

• Sunday, February 6th 2011 - 20:38 UTC

  Inflation, an old scourge, plagues Argentina again, says NY Times

  

  Argentina is in the midst of a consumption boom, but inflation that old Argentine plague, has once again fully surfaced, writes the New York Times Alexi Barrionuevo from Buenos Aires.

• Friday, February 4th 2011 - 22:28 UTC

  Brazil preparing package to counter surging imports rapidly eroding trade surplus

  

  Brazil’s trade surplus fell more than economists expected in January from a month earlier as exports declined at a faster pace than imports. The surplus narrowed to 424 million USD last month from 5.37 billion in December, said the Trade Ministry.

• Friday, January 28th 2011 - 21:13 UTC

  IMF Assessment of Brazil Is ‘Wrong and Stupid’

  

  The International Monetary Fund’s assessment that Brazil’s fiscal situation is worsening and putting at risk the government’s targets is “totally wrong” and “stupid,” Finance Minister Guido Mantega said.

• Wednesday, January 26th 2011 - 18:20 UTC

  United Kingdom Economy Shrinks Fuelling Fears of Recession

  

  United Kingdom Chancellor George Osborne stands by his financial policies, in spite of figures which show the UK economy has shrunk by 0.5 percent and concerns Britain is facing a recession.

• Tuesday, November 23rd 2010 - 19:23 UTC

  US economy grows faster than estimated in the third quarter: 2.5%

  

  US economy grew faster than previously estimated in the third quarter, government data showed, but still not enough to address stubbornly high unemployment. GDP growth was revised up to an annualized rate of 2.5% from 2% as exports together with consumer and government spending were stronger than initially thought.

• Tuesday, October 12th 2010 - 07:00 UTC

  Brazilian economy larger than Italy’s next year, according to IMF estimates

  

  Brazil's economy will likely be larger than that of Italy next year, according to the latest data from the International Monetary Fund (IMF).

• Wednesday, October 6th 2010 - 17:39 UTC

  IMF and Kirchner administration agree: economy to expand strongly 2010/11

  

  The International Monetary Fund warned of considerably high price index inflation and seemed sceptic of official GDP growth reports in Argentina as it presented its World Economic Outlook report, although it forecast a 7.5 percent growth, with a strong expansion partly due to the favourable global scenery and a strong trade with Brazil.

• Tuesday, September 14th 2010 - 03:57 UTC

  S&P raises Argentina’s long term credit rating based on an improving economy

  

  Standard & Poor's raised on Monday its long-term foreign currency credit rating on Argentina by one notch, to B from B-minus, citing declining debt levels and an improving economy in 2010.