GDP

Federal Reserve Chairman Ben Bernanke's speech to the National Press Club on Feb. 3, 2011

National Association of Software & Services Companies (Nasscom), the apex body of India’s information technology and business process outsourcing sectors (IT-BPO), on Wednesday said India’s share in the global outsourcing market rose to 55 percent in 2010 from 51 percent in 2009.

Rwanda's economic growth will slow to 7 percent in 2011 from 7.4 percent a year before, while inflation is projected to quicken to an average of 4.4 percent due to oil prices, the finance minister said on Wednesday.

The president of Yemen, Ali Abdullah Saleh, said he will not seek to extend his term as ruler of this poverty-stricken country beyond 2013, according to media reports, as another domino falls in the wake of political upheavals in the Middle East.

Dominique Strauss-Kahn, managing director of the International Monetary Fund delivered the following speech at the Monetary Authority of Singapore on February 1, 2011.

Nuclear power and high speed rail will top the focus of China's plan to invest $1.5 trillion in seven key industries and shift the world's number two economy away from its role as a supplier of cheap goods, sources said.

U.S. unemployment will stay high for some time, in part because changes in the labor market have made it tougher for those out of work to find jobs, a Federal Reserve Bank of Cleveland economist said on Monday.

King Abdullah of Jordan, a close U.S. ally, replaced his prime minister Tuesday following protests inspired by mass demonstrations in Tunisia and Egypt, but the opposition dismissed the move as insufficient.

The International Monetary Fund on Monday approved, as expected, a $509 million credit facility to help Kenya boost its international reserves.

The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any bubble-like conditions. Institutional accumulation began in 2009 (e.g. Paulson, Einhorn) and we know that phase lasts at least a few years before a bull market gives birth to a bubble.

Job growth still slow despite upward earnings, GDP growth

Manufacturing activity grew in January at its fastest pace since records began in 1992, and factory costs also surged, in a further sign that price pressures are building in the economy, a survey showed.

The number of unemployed people in Germany fell in January 2011, reaching the lowest levels since November 1992.

China's manufacturing activity contracted to a five-month low in January, indicating that the Chinese government measures to control prices caused a decline in manufacturing.

Tanzania's economy grew 6.2 percent in the third quarter of 2010 from 5.7 percent in the same period a year ago due to an improvement in construction, transport and communication sectors, data showed on Monday.

U.S. consumer spending rose more than expected in December to post the sixth straight month of gains as households drew down on their savings to fund purchases, government data showed on Monday.

Governments, airlines and tour operators worked together on Monday to fly their nationals out of Egypt where protesters pressed their campaign to topple President Hosni Mubarak.

The violent protests in Egypt could deal a major blow to the country’s vital tourism industry, a development that could be economically crushing to the already riot-ravaged country.

Israel, which has been at peace with Egypt since 1979, has expressed its support for the beleaguered regime of President Hosni Mubarak, while its allies in Europe and the U.S. have more aggressively pushed Mubarak to enact reforms in the face of a massive uprising.

Moody's has downgraded Egypt's government bond ratings to Ba2 from Ba1 and has cut the outlook to negative from stable.

German retail sales fell unexpectedly in December 2010, posting a decline for a second consecutive month, the Federal Statistics Office said on Monday.