These were among targets set in a resolution on the socio-economic development plan for 2010 which was adopted by the National Assembly (NA) in Hanoi on Nov. 6 with 85.4% in favour.The resolution also sets out to raise export turnover to over 6 percent, create 1.6 million jobs, including sending 85,000 workers aboard, and achieve a patient/bed ratio for hospitals of 27.5 per 10,000 people. It plans...
Indonesian economists estimated that the country's economic growth would reach 3.9-4 percent in the third quarter, lower than the government's initial estimation of 4.1-4.2 percent, local media reported here on Saturday. "We expected economic growth to have accelerated in the third quarter this year to 4.05 percent on year-on-year basis," Bank Danamon Economists Anton Gunawan and Helmi Arman...
State Minister for National Development Planning (Bappenas) affairs Armida Alisjahbana estimated that Indonesia's economic growth to reach 8 percent by 2014 when the present government ends its service, local media reported here on Saturday. Armida said that Indonesia's economic condition would continue to improve in the following years with 2010 growth estimation set at a range of 5.5-5.6 percent....
U.S. President Barack Obama Fridaydownplayed the record-high unemployment rate of 10.2 percent in October, saying "history tell us job growth always lags economic growth." &$ &$Source: Xinhua&$ &$ ...
British Chancellor Alistair Darling called for further cooperation in securing more balanced global economic growth and combating climate change in the future here on Friday during the G20 Finance Minister and Central Bank Governor Meeting. He said that though complete consensus could not be achieved overnight, "but we can start to build that consensus by recognizing that our common interest need...
, Scotland (AP) — The world's top finance officials sought agreement Friday on ways to secure future global economic growth as the world hesitantly emerges from recession.
The U.S. Labor Department announced that unemployment jumped to over 10 percent on Friday, the highest it's been since 1983. Jeffrey Brown talks to an economist for more.
The world's top finance officials sought agreement Friday on ways to secure future global economic growth as the world hesitantly emerges from recession.
The Reserve Bank of Australia (RBA) on Friday lifted its medium-term forecasts for inflation and economic growth and flagged the need for higher interest rates. "The cash rate remains at a low level, and a further gradual lessening of monetary stimulus is likely to be required over time," the bank said in its November statement of monetary policy. Following a speech on Thursday in which the...
The International Monetary Fund (IMF) predicts a 4 percent economic growth in 2010 and a 5 percent growth in 2011 for sub-Saharan Africa. The optimistic forecast was made in the IMF report released on Thursday in the Senegalese capital Dakar by Roger Nord, principle advisor to the African office of the institution and Norbert Funke, head of the Senegalese mission. "The global economic crisis had...
The 20-cents per gallon spike in the price of gasoline the week of Oct. 18 (10 cents of that in one day), pushing it to $2.50 per gallon in our area, is yet another reminder of the crumbling ledge on which we stand in terms of dealing with energy costs.
The world's top finance officials sought agreement Friday on ways to secure future global economic growth as the world hesitantly emerges from recession.
If seems that every which way we look, evidence continues to mount in support of economic growth. We have our suspicions as to why this is happening but to be honest these suspicions are of little significance. What's important is simply that it is happening . Note how the US Treasury market is behaving. TIPs are on the verge of breaking out against non inflation protected treasuries and long dated...
SA NEEDS to deal with structural problems, such as poor education, HIV/AIDS and crime, to achieve sustainable economic growth, the World Trade Organisation (WTO) said in its trade policy report on SA, released on Wednesday.
South Africa's statistics agency has rebased its gross domestic product survey and added previously excluded activities that could lead to revisions of past economic growth numbers.
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