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Growth - GDP increase of 0.8%

Gross Domestic Product Preliminary Estimate, Q2 2014: ONS

  • GDP increased by 0.8% in Q2 2014, the second consecutive quarter on quarter increase of 0.8%.
  • Output increased in two of the four main industrial groupings within the economy in Q2 2014 compared with Q1 2014.
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Economy

South Korea unveils US$40b economic stimulus package

South Korea unveiled a $40 billion stimulus package Thursday (July 24) as the finance minister warned of a risk of recession after the economy grew at its slowest rate for more than a year in the second quarter. 466 more words

Business

U.S. Forecast Update: Growth, Inflation and Central Bank Policy

Pioneer’s Head of Global Asset Allocation Research, Monica Defend, along with U.S. and Latin America Global Asset Allocation Research Economist, Annalisa Usardi, recently released an update on the U.S. 507 more words

Macroeconomics

Misleading Metrics: CO2 per capita or per dollar, is Australia that Bad?

Australia is often admonished for having one of the world’s highest carbon dioxide emission rates per capita and indeed amongst the OECD we are the worst culprit. 1,053 more words

The Indonesian government to develop industrial estates outside Java

The government plans to build a large number of industrial estates outside Java within the next two decades, aiming to spread industrial growth to less developed regions and to create significant multiplier effects in Southeast Asia’s top economy. 540 more words

Business

Note to CBO: Federal debt already exceeds 100% of the U.S. economy

Last week the Congressional Budget Office released its long-term budget outlook, claiming that federal debt is 74 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP). 452 more words

Government Run Amok