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Showing 1471 - 1480 of 1883 results for "GDP"

Business cycle dating

BENJAMIN ONG  |  TUESDAY, 13 APR 2010
... US recession started in December 2007 on December 2008. They were still unsure before this. In year-on-year terms, US real GDP was still growing strongly up to the second quarter of 2008 and the unemployment rate did not rise significantly above 5.5 ...

Fitch scare

BENJAMIN ONG  |  THURSDAY, 25 MAR 2010
... long-term credit assessment of Portugal to "negative" from "stable" back last 7 December 2009. According to Fitch, Portugal's GDP is "significantly below" what is typical for an AA country." Duh! If this were true, why didn't Fitch cut Portugal's rating ...

Risk-free no more

BENJAMIN ONG  |  TUESDAY, 23 MAR 2010
... bonds issued by governments have no perceived credit risk? The news point to the US government's growing debt (90 per cent of GDP and rising) and rising debt servicing burden in contrasts to debt reduction by US corporates. According to Bloomberg, "Corporate ...

Happy birthday bull

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2010
... US$50 trillion last year and that the fall in asset value is negatively affecting consumer spending, a negative for global GDP. Yes, there was a number provided by the ADB. But tell us something we don't already know. Makes me think that these institutions ...

While we wait for payrolls

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2010
... National Accounts report should affirm Governor Glenn Steven's post-meeting statement. The report is expected to show real GDP expanded by 0.9 per cent in the fourth quarter of last year. But whether or not this figure comes in within expectations, this ...

Data data everywhere

BENJAMIN ONG  |  MONDAY, 1 MAR 2010
... manufacturing index - printed strong February, much more than markets were expecting. The bad in the good data. US fourth quarter real GDP was revised upwards to show an annualised gain of 5.9 per cent from 5.7 per cent. Most of the quarter's strength ...

Goldman Sachs backs Greek swap deal

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
... denominated debt in Euro by more than A$3 billion, lowering the country's debt as a percentage of gross domestic product (GDP) by just 1.6 per cent. Goldman Sachs said Greece's financial position could have been far worse if the swaps had not been organised. ...

Good news day

BENJAMIN ONG  |  THURSDAY, 18 FEB 2010
... commission to advise on ways to lower the America's federal budget deficit - currently at 10 per cent -- to 3 per cent of GDP by 2015. This looks like a tough ask. But if the US and global economy continues their trend recovery and grows strong enough ...

Change of heart

BENJAMIN ONG  |  TUESDAY, 16 FEB 2010
... this is beginning to have a negative impact on overall Eurozone economic growth as reflected in the recently-released real GDP flash estimates showing growth slowed to 0.1 per cent in the fourth quarter from 0.4 in the previous one. These, in turn, are ...

Love thy neighbour

BENJAMIN ONG  |  MONDAY, 15 FEB 2010
... instead. What happened to love thy neighbour? Why should they? When they have their own problems. Flash estimates of German real GDP showed the economy didn't grow at all in the fourth quarter as declines in domestic demand offset gains in its external ...