GDP

ABS flags retail sector turnaround in April

GDP growth slows to 1.8 percent in 2011 Q1

US GDP growth in 2011 first quarter slowed to an annual rate of 1.8 percent, compared to a rate of 3.1 percent in fourth quarter 2010 and 3.7 percent in first quarter 2010.
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Deficit Deal Deadline is 2012 Election

Sen. Tom Coburn, R-OK on Monday - reacting to a 2 year warning on the nation's pristine credit rating - said Democrats and Republicans needed to reach a deal on cutting the nation's long-term deficits ahead of the November 2012 election, cautioning against waiting for the perfect political moment to tackle the problem.

'Congress Will Always' Raise the Debt Limit, Geithner says

Treasury Secretary Timothy Geithner's statements on Sunday that Congress will raise the U.S. debt ceiling in the coming months are in line with separate recently-proposed long-term plans by the Democratic and Republican leadership in Congress and the White House to increase the debt by trillions of dollars in the next decade.
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The Swiss Franc, Euro and Gold

Seems you can't keep a safe haven down. Not when retained wealth worldwide needs to escape money-printing and zero rates at home. What options are left to anxious savers? What choice but the Euro is still open to the Swiss National Bank...?

COLUMN: Poverty? What, Poverty?

I have noticed that the vast majority of people protesting in the streets of these strife-torn countries in the Arab world appear to be well-fed, well-clothed, with many carrying cell phones, riding on motorbikes, driving cars, etc.

Japanese GDP to fall outright in 2011: analysts

The manufacturing slump in March confirms that Japan's economy contracted for a second successive quarter in the first three months of the year, and will mark outright decline in 2011, an analyst has said.
Customers stand in line outside Apple's flagship 5th Avenue store to purchase iPad 2 tablets in New York

US personal spending rose more than expected in Feb.

Personal spending in the US rose more than expected in February while income increased less than expected, indicating that the average consumer is growing more confident about the economic recovery.
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US futures point to higher opening after GDP data

Futures on major U.S. stock indices continued to point to a higher opening on Friday after government data showed that US economic activity grew at a 3.1 percent annual rate in the fourth quarter.
Quake toll rises as Japan battles nuclear crisis

Japan, Middle East/North Africa Crises Unlikely 'To Derail' Global Economy: IHS

The triple disaster in Japan and the ongoing turmoil in the Middle East and North Africa likely would have only a limited impact on the global economy - provided the twin shocks of higher oil prices and the supply chain disruptions from Japan do not get much worse, market research firm IHS said.
John O’Donnell,  Chief Knowledge Officer of Online Trading Academy

Recession Looms On Japan, Says Expert

Japan, which is grappling with the impact of March 11 earthquake and the resultant tsunami, may be pushed towards a recession, an expert told IBTimes.
Britain's Chancellor of the Exchequer George Osborne, holds his budget case for the cameras outside number 11 Downing Street, before delivering his budget to the House of Commons in London March 23, 2011.

UK budget fiscally neutral: Capital Economics

The UK budget, which was unveiled on Wednesday, has revealed no significant changes to the deficit-reduction plans set out by the coalition Government just after last summer’s election, an analyst has commented.

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