Economic growth News
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Lekki -
According to statistics released on Monday, amid claims of strong economic growth, poverty is rising in Africa's largest oil producing nation Nigeria, with almost 100 million people living on less than $1 a day in a country of 160 million people.
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New York -
The 117,000 jobs created in July sent the first positive news through the US markets in a long time. The irony is that the neurotic markets themselves are refusing to grapple with the fact that jobs make the economy thrive.
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Washington -
In efforts to detract from a growing controversy over the Department of Justice subpoena for Twitter’s information on those associated with Wikileaks, President Obama announced on Saturday a “clear” trend in the nation’s improving economy.
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Brazilia -
The Brazilian economy is ignoring the incidence of a global financial crisis and continues to grow at an unprecedented rate; in the first half of this year the Gross Domestic Product (GDP) had a growth of 8.9%, the biggest expansion in 14 years.
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Rising global temperatures may lead to increased disparities between rich and poor countries, according to a recent MIT economic analysis of the impact of climate change on growth.
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The report issued by the UN’s Department of Social and Economic Affairs (DESA), predicts that world economic growth will fall steeply to 1.8 per cent this year and 2.1 per cent next year, down from 3.8 per cent in 2007.
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Economic growth Headlines
Could congestion offer a road to economic growth?
Singapore's economic growth slows in the last quarter of 2011 as slowing demand and supply chain disruptions hurt manufacturing.
UK economic growth in the last three months of 2011 is revised down to a contraction of 0.3%, partly due to the transport sector.
The pace of US economic growth quickened to a 2.8% annualised rate in the three months to December, the Commerce Department says.
New measures designed to boost economic growth have been outlined in the Queen's Speech, including cutting regulation on businesses.
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Economic growth Blogs
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Here's a quick round-up of Hyosung GT650R, which is emerging as a powerful contender in the Indian superbike market...
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