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Showing 1311 - 1320 of 1883 results for "GDP"

Half-filled empty glass

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2011
... economy after the strong third quarter surge. In the UK, the British government slashed its economic growth forecasts. Real GDP growth is now expected at 0.9% this year (nearly half of the earlier prediction of 1.7%) and 0.7% next year (down from the ...

Treasury predicts growth, $20b revenue loss

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... payments, including funds to the Queensland flood recovery effort, as well as global economic conditions for the deficit. Real GDP is now expected to grow by 3A1/4 per cent in 2011-12 and 2012-13, downgrades of A3/4 of a percentage point in 2011-12 and ...

Nothing new

BENJAMIN ONG  |  FRIDAY, 25 NOV 2011
... Exactamondo! The ministry still expects a soft landing for the Chinese economy as this level of industrial output corresponds to GDP growth in the order of between 8% and 9% from 9.2% this year and 10.4% in 2010. And for this, Australians all let us ...

Dead calm

BENJAMIN ONG  |  WEDNESDAY, 23 NOV 2011
... austerity measures. The US economy continues to meander along the expansion path, although perhaps too slow for some. US real GDP was revised lower to show the economy grew at an annualised rate of 2.0% instead of the first estimated 2.5%. Bad headline ...

More of the same

BENJAMIN ONG  |  FRIDAY, 18 NOV 2011
... bend their contract with the Maastricht Treaty requiring Eurozone members not to have a budget deficit greater than 3% of GDP? On Economist Intelligence Unit (EIU) data, only 3 years after the adoption of the euro - and the Treaty - in 1999, Germany's ...

Russell: ECB needs to come to Italy's rescue

CLAIRE MCGREAL  |  TUESDAY, 15 NOV 2011
... a problem of solvency (such as in Greece) can only be fixed by a debt restructuring or default. While Italy has a debt to GDP ratio of 120%, its primary fiscal position indicates revenues are almost equal to spending," said Pease. "Italy could sustain ...

Perspective not perplexing

BENJAMIN ONG  |  TUESDAY, 15 NOV 2011
... recession. But - of course there's a but - equity markets are reacting as if the world would contract like it's 2008/09. Real GDP (quarterly change, %) US Euro Jap Ger Ita Fra UK Aus Q1 2008 -0.44 0.84 0.76 1.07 0.41 0.36 0.02 1.13 Q2 2008 0.33 -0.39 ...

Weekend worries

BENJAMIN ONG  |  FRIDAY, 11 NOV 2011
... 1.4% increase in exports offsetting a 0.3% gain in imports - suggesting an upward revision to the initial estimate of real GDP growth of 2.5%. There's good news on its fiscal accounts too, with the budget deficit declining to US$98.5 bil in October from ...

Insto clients forecast a low growth world economy

RACHEL DAVIS  |  WEDNESDAY, 9 NOV 2011
... in September versus 58% in March," said John Wilson, head of PIMCO Australia. "The majority of respondents expected 2.25% GDP growth over the next year." Only 20% of September respondents were optimistic about the outlook for the US, down from 50% who ...

Age Pension must be factored into retirement income

RACHEL DAVIS  |  TUESDAY, 8 NOV 2011
... expected to still be above 75%." The Intergenerational Report stated the cost of the age pension for the year 2009-10 was 2.7% of GDP. By 2049-50 this is forecast to rise to 3.9% of GDP. "When you look at all government spending on individuals, including ...