GDP

The EU and the IMF currently have enough funds to bailout another couple of countries that are steeped in debt. Currently, Italy, Spain and Portugal are fighting to survive while investors wonder which one will throw in the towel first.

Japanese Prime Minister Naoto Kan laid out plans to revive the economy in 2011 in his New Year remarks. While his proposals may boost some sectors of the economy, they miss the point.

Perhaps the surprising good health of Pakistan’s equity market shows how disconnected financial trading markets can be from the state of the society they reside in.

The U.S. economy is on course to a self-sustaining recovery in 2011, aided by the private sector’s return to health and a further injection of fiscal stimulus, IHS Global Insight has said.

South Africa is about to join the Brazil, Russia, India and China (BRIC) grouping and will attend the first summit of the leading emerging economies in April this year, but doubts remain over the suitability of the African nation to be in the exclusive club of the fast-growing economies.

The economy of Singapore surged by an astounding 14.7 percent in 2010, primarily driven by a surge in manufacturing activity, versus a 1.3 decline in the prior year, making it Asia’s fastest-growing economy.

Chinese ambassador to Spain said on Monday China will contribute to efforts to secure Spain's financial stability and economic recovery as the debt-hit nation is trying to shore up investor confidence and avert any sovereign crisis.

Many observers believe the bond bull has run out of steam, although a 'pop' in the bond bubble is probably unlikely.

Russia is not ready for the growth of domestic and inbound tourism as the country still has bad roads and undeveloped infrastructure.

Many economists believe that US economy will continue to grow around 3.5 percent in 2011, led by pickup in consumer and business spending. The extension of Bush-era rate cuts will add moderately to GDP growth, while at the same time as increasing the budget deficit.

These predictions come from Richard Kang, Chief Investment Officer and Director of Research at Emerging Global Shares, an ETF company focused on the emerging markets.

Queues stretched for kilometres at immigration offices in South Africa on Friday as thousands of Zimbabweans tried to meet a year-end deadline to file papers for legalising their stay in the country.

Germany is committed to the euro currency and the German people are now stronger in the wake of Europe’s economic crisis, said Chancellor Angela Merkel in her annual televised New Year’s message.

Economic growth in China is expected to slow next year as the nation accelerates tightening monetary policies, said a report on Friday.

Futures on major U.S. indices point to modestly lower opening on Friday, the last trading day of 2010.

At present respective growth rates, the average Chinese person will be wealthier than the average American in 27 years, according to Ed Lazear, a Stanford University economics professor.

The Spanish economy will show positive growth in the fourth quarter, said the country’s Prime Minister, after a flat third quarter prompted fears of another looming recession.

South Korea, among other countries, would be a better candidate than South Africa to join the BRIC group of prominent emerging market nations, said Jim O’Neill, chairman of Goldman Sachs Asset Management, and the man who first coined the “BRIC” term.

The news about jobs, deficits, and poverty seem to get worse in the western nations and Japan day by day, while the economic and financial developments in the emerging markets appear to get rosier.

Euro zone reforms designed to penalize spendthrift peripheral nations are still not adequate to alleviate the currency bloc’s problems, said European Central Bank (ECB) governing council member Yves Mersch.

Bank of Japan's board is concerned about the U.S. Federal Reserve's quantitative easing, as Japan continues to bank on the global economic recovery for its own economic growth, minutes from the policy meeting showed.