The U.K. economy expanded 0.7 percent in the fourth quarter, ending the best year since 2007 amid growth in every industry except construction. The increase in gross domestic product followed a 0.8 percent gain in the third quarter, the Office for National Statistics said today in London. It was in […]
Tag: GDP
Turkey: How to Boost Growth Without Increasing Imbalances
Turkey has received well-deserved praise for its growth performance over the last decade. Yet along with this success story has come a steady widening of the current account deficit, projected to come out at 7.4 percent of GDP in 2013. The counterpart of this deficit is a reliance on external […]
Russia Growth Slow, GDP Projected to 2% in 2014
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Tuesday said that Russia’s economic growth has continued to slow and had projected a Gross Domestic Product (GDP) of two percent (2%) in 2014. This is coming on the heels of a mission to the Russian Federation by the IMF […]
