The UK economy has shrunk for the sixth quarter in a row. However, the pace at which it has slowed has not been as bad as expected. The Office for National Statistics say that while GDP has fallen by 0.3 per cent, it is less than the 0.4 per cent they had predicted. ...
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The euro zone’s service sector has grown at its fastest pace in two years this month. November’s figures show an improvement of 0.8 per cent since October. The data is compiled by surveying about 2,000 service-providing companies in Europe that range from banks, to cafes and restaurant...
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British Prime Minister, Gordon Brown, wants a global strategy to deal with trade and currency imbalances. He has proposed that the new strategy should deal with the inefficient use of reserves and unstable oil prices. Gordon Brown was addressing the annual conference of the Confederati...
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Twelve weeks into his presidency, President Obama gives an assessment of his administration’s approach to fixing the ailing U.S. economy. The President claims we are headed in the right direction, but we hear what two local economists have to say in tonight's installment of "The Bottom Line."
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The US economy did not grow as quickly as initially reported in the third quarter, the Commerce Department said today. Revised gross domestic product data showed GDP grew at a 2.8 percent annual rate in the third quarter.
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UK economy contracts for sixth quarter
