The Australian economy expanded by less than was predicted in the final quarter of 2011, it has recently been announced. Gross domestic product (GDP) increased by 0.4% in the three months to December’s end in comparison with the previous three months of 2011. The latest economic growth figures, announced by the Australian Bureau of Statistics, [...]
Economic growth in India is likely to drop beneath 7% for the 2011-12 financial year, according to recent statistics from the country’s government. A growth forecast made this month, which is a downward revision, reflects a slowdown in India’s agriculture, manufacturing, and mining sectors. But just shortly before the forecast however, Indian Prime Minister Manmohan [...]
A recession in the eurozone could reduce Chinese growth by nearly half of forecasted figures for this year, according to the IMF (International Monetary Fund). It estimates that the Chinese economy will grow by 8.2% in 2012. However, it cautions that a eurozone downturn could cause growth for this year to fall to 4.2%. The [...]
The Greek government has rejected outright proposals by Germany for the European Union (EU) to hold power over the country’s budget. Greece’s Culture Minister Pavlos Yeroulanos told the BBC in an interview that it would be “impossible” for his nation to give up control of its tax and spending powers. There are worries that the [...]
Posted in Economy, Featured Post 
Tags: budget veto, Deal, Economy, eurozone, Growth, jean lemierre, private creditors, Veto 
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Today’s economic news has included revised growth figures for the US and UK economies being released, and news of austerity measures being passed in Italy. In America, the economy grew at a slower rate than formerly believed during the three months up to September’s end. Updated figures, released by the US Commerce Department, reveal that [...]
The Japanese economy has rebounded during the third quarter of 2011, after it grew for the first time since the earthquake and tsunami which hit the country in March of this year. According to Japan’s Cabinet Office, gross domestic product (GDP) for the nation went up by 1.5% from the previous quarter, between the months of [...]
The latest official statistics for the Spanish economy indicate that it recorded zero growth during the third quarter of this year. This most recent growth figure comes after the country’s economy registered 0.2% growth in the second quarter of the year. Output figures for Spain meanwhile, between the months of July and September, remained unchanged [...]
Posted in Economy, Featured Post Tags: Economy, europe image, eurozone, eurozone debt crisis, Finance, Growth, Quarter, spanish economy, spending cuts, youth unemployment No Comments »
China’s export growth slowed down further during the month of October this year, according to the latest economic figures for the nation. Demand for the country’s goods has been dented – this is largely down to the debt crisis hitting the eurozone, as well as worries of a slowdown in the USA. Shipments from China [...]
Posted in Economy, Featured Post Tags: Auto, China, debt, Draft, economic figures, economies of countries, Growth, growth concerns, October, Slows No Comments »
Recent research has shown it is important for fledgling businesses to have slow but sustainable growth, if they want to survive in the long-run. Analysis by Delta Economics and SAP UK & Ireland (Public, NYSE:SAP) has found that only 47% of firms from the 2000-01 Fast Track 100 list, are still operating today. The Fast [...]
The American economy grew at an annualised rate of 1.3% in this year’s second quarter, the US Commerce Department has now estimated. The Commerce Department has now made its third growth estimate for the quarter. Their latest prediction is greater than the previous one, which suggested that growth was at a level of 1%. However [...]
Posted in Economy, Featured Post Tags: american economy, economic growth rate, Economy, Growth, level, Quarter, us commerce department, us economy No Comments »
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