Author: InvestAdvocate

Nigeria’s economic growth is vulnerable – Sanusi

By Ademola Alawiye with agency report Friday, 29 Oct 2010 The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, said on Thursday that the rate of the country’s economic growth was at risk due to reliance on other countries’ development. Bloomberg quoted Sanusi as saying, in a speech delivered […]

Mild increase in economic growth expected in Q3

By JEANNINE AVERSA, AP Economics Writer  WASHINGTON – The economy likely expanded at a greater rate last quarter as Americans loosened a tight grip on their wallets. But the expected pickup in growth wasn’t strong enough to make a noticeable dent in high unemployment.   Leading economists polled in a […]

China unveils world’s fastest supercomputer

By Agency Reporter Friday, 29 Oct 2010  China unveiled on Wednesday at the Annual Meeting of National High Performance Computing (HPC China 2010) in Beijing, Tianhe-1A, the world‘s fastest supercomputer with a performance record of 2.507 petaflops, as measured by the LINPACK benchmark. Tianhe-1A was designed by the National University of […]