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Euro zone GDP shrinks 2.5% in first quarter15-MAY-09
The economies of 16 nations that share the common currency euro, contracted 2.5 per cent in the first quarter of 2009, indicating that the European region continues to reel under recession.
European economy falls into first recession in 15 years15-NOV-08
E urope's economy fell into its first recession in 15 years in the third quarter, paving the way for deeper cuts to interest rates and taxes amid the worst financial crisis since the Great
R Ravimohan: An accident waiting to happen21-JUL-06
Third World War? Not yet, but not far either.
China looms larger22-DEC-05
The Chinese government has just announced that its official statistical system has been under-estimating the size of the economy, the services sector in particular. In the process of upgrading its
Silent devaluation17-JAN-04
In November 1999, the US Trade Deficit Review Commission suggested that the dollar had to drop in value by about 40 per cent if the American economy was to end its trade deficit  which was running at
  
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