A recent report has warned that if Bank of England continued to raise interest rates, UK economic growth could fall below 2 percent. The British Chamber of Commerce (BCC) in its latest report indicated that UK’s economic growth may take a downward direction if the central bank decides to raise[...]
Posts Tagged ‘Economic growth’
June 9th, 2012 - 10:30 am § in News Of Economy
Chinese economic growth rate may slide to single digit in 07: World Bank
The Chinese economic growth rate is expected to slow down slightly in 2007, revealed a report released by the World Bank. The report concluded that a slight fall in export growth of China will eventually resulted in a little sluggish economic growth rate. Focusing on quarterly update, the report out[...]
June 7th, 2012 - 10:27 am § in News Of Economy
EU set to enter another year of strong economic growth
The European Commission has raised its prediction for economic growth in euro region for the current year and cut its prediction for inflation. Following a strong economic growth of 2.7 percent last year, EU has revised its earlier prediction for 2007 to 2.4 percent from 2.1 percent predicted earlie[...]
May 17th, 2012 - 1:34 pm § in News Of Economy
Terrorism affect economic growth? No way says Sri Lanka
Well, terrorism seems to be on the rise in Sri Lanka with the pat few days being full of ‘action’. The LTTE has been launching air strikes against the civilians as well as the Sri Lankan army. However, depsite this growth in violence, the Sri Lankan President Mahinda Rajapakse seems to b[...]
April 24th, 2012 - 12:17 pm § in News Of Economy
Japan economic growth pace downs to 2.4%
Japan faces a major set back as its economic growth lacerate to record low 2.4 percent amid worries about the decreasing trade with United States. US is Japan’s biggest export market, and recent decline might leave many Japanese multinational companies in a limbo. However, many economists assure t[...]