The WTO dividend
You can say what you want about the achievements of the WTO; it sure is nice to be part of the club.Certainly that is what the Kremlin will be thinking this morning after Russia...
Dad, where does growth come from?
So much for emerging markets propelling the world economy out of its current malaise.Forget China’s healthy manufacturing data; the debt crisis in the Eurozone, deleveraging...
Forecasting the end of fast growth
Fast economic growth, like all good things, must end. But when?An NBER working paper by Barry Eichengreen, Donghyun Park and Kwanho Shin released on Monday uses data from 1957...
Ireland: less doomed
Well, this is a turn-up for the books.Amid strong scepticism about the ability of future Irish growth to offset Ireland’s post-bailout austerity programme — the economy...
US Q3 GDP results are in, bang on forecast [updated]
The US economy grew exactly as analysts predicted in the third quarter. Though likely not as much as the Federal Reserve wanted.GDP expanded 2 per cent on an annualised basis,...
Blast off – UK GDP rocket
And it was RBS analysts wot won it.Economic growth in the third quarter chewed up consensus forecasts and spat them out on Tuesday — recording 0.8 per cent above a predicted 0.4 per cent....
US Q2 GDP revised to 1.6 per cent
A beat for Ben.US second-quarter GDP growth was revised from 2.4 per cent to 1.6 per cent by the Bureau of Economic Analysis on Friday, above a consensus of 1.4 per cent revised growth....
UK GDP, livin’ in the moment
Again with the outperforming UK second-quarter GDP numbers.The Office for National Statistics revised last month’s already shockingly good data upward on Friday.From the ONS release:...
Saying ‘mine’s bigger than yours’ in Chinese
So, you’ve heard it before, but this time, it’s official – at least, by most key measures. China has now overtaken Japan as the world’s second-largest economy,...
China Surpasses Japan as World’s #2 Economy
Filed under: ChinaAccording to recent news reports out of the World Bank, China is now the world's number two economy, passing Japan.
China's fast-growing economy has been moving forward at more than 10% a year for many years and is likely to become th...
UK growth forecasts revised downwards
The first growth and public finance forecasts from Britain's new Office for Budget Responsibility are out and -- as expected -- they're lower than the last predictions, made in March,...
Lie #10: China Experienced Double-Digit Growth in 2009
Filed under: China
If you think China saw double-digit growth this year, you may also believe swine flu is spread via flying pigs.
The London-based Lombard Group, using energy data from the International Energy Agency -- which...
