Growth

Botswana to continue tightening

The Bank of Botswana will maintain its restrictive monetary policy, Linah Mohohlo, the governor of the central bank, said in the opening remarks to the mid-term monetary policy statement.

Singapore - Annual Report 2007

Singapore's economic growth may ease in the coming quarters as the global economy weakens and as inflationary pressures persist, said Goh Chok Tong, the chairman of the Monetary Authority of Singapore, in the institution's latest annual report.

US inflation and unemployment to rise: poll

US economic growth in 2008 will be slower than in 2007, with inflation staying high and unemployment rising, according to a survey of participants at the Chicago Fed's annual Automotive Outlook Symposium.

Trinidad and Tobago - Annual Report 2007

Trinidad and Tobago's external position remained robust as a result of high energy prices, with a current account surplus estimated at 20% of GDP, reveals the Central Bank of Trinidad and Tobago's latest annual report.

Korean growth slows

Korea's economy slowed in June as the pace of CPI inflation picked up. The increase in the CPI was mainly due to high oil prices, said the Bank of Korea in its second quarterly bulletin for 2008.

Czech financial assets growth sluggish

Growth in the total financial assets in the Czech economy dipped in the first quarter of 2008 to 1%, according to a quarterly financial accounts report from the Czech National Bank.

Japan lowers growth forecast

The Bank of Japan has revised down its growth estimate for this year on the back of flagging business fixed investment and poor private consumption figures.

RBI's Reddy on India's fiscal deficit

India must reduce its fiscal deficit but this must not limit the government's ability to promote inclusive growth, Y.V. Reddy, the governor of the country's Reserve Bank, believes.

Why do growth rates differ?

Differences in growth rates can be largely explained by capital deepening and an ability to produce new technology in the form of patents, research published by the Bank of Finland finds.

Japan lowers growth forecast

The Bank of Japan has chopped more than half a point off its growth estimate for 2008 and warned that in a highly uncertain climate, downside risks to the economy could further limit expansion.

Ireland's Hurley confident on outlook for 2008

The Irish economy and its banking sector will continue to demonstrate their strength against the background of a challenging international environment this year, John Hurley, the governor of the Central Bank & Financial Services Authority of Ireland,…

Exporters create more jobs

Firms participating in international markets have higher employment growth rates than purely domestic companies, research published by the National Bank of Belgium finds.

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