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Greece Updated official data show Greece's economy shrank at a slightly slower pace than initially forecast in the last quarter of 2012, but still contracted by 6.4 percent during the year. The country, which is dependent on bailout loans to
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Most economists agree that Wednesday's snapshot of U.S. economic growth is going to look dismal. The consensus forecast from Factset is economic growth slowed sharply from October through December to an annual rate of 1.2 percent. That's down from a
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The UK economy contracted by less than thought in the second quarter, official figures have shown. The economy shrank by 0.4% in the April-to-June period, the Office for National Statistics (ONS) said in its third estimate of gross domestic product (
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The fourth quarter of last year was also revised to show a 0.5 per cent annual decline, originally reported as -0.4 per cent, while the quarterly drop of 0.7 per cent was unrevised. The 0.8 per cent quarterly contraction in the first quarter was the
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Britain's economy shrank by more than anticipated in the fourth quarter of last year as households reined in their spending, official figures showed Wednesday. The Office for National Statistics said Britain's economy contracted
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The Nation February 20, 2012 1:00 am Prime Minister Yingluck Shinawatra's job-approval rating has risen since January, according to an Abac poll survey released yesterday. Yingluck's popularity, which plunged to 35 per cent in January, rose to 42 per
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The Spanish economy shrank for the first time in two years in the fourth quarter, the start of what economists fear could be a prolonged slump as Madrid implements harsh austerity measures to deflate a massive budget deficit. Gross domestic product
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Japan's economy shrank 2.3 percent in the fourth quarter as manufacturers were battered by the strong yen, weak export demand amid the European debt crisis and flooding in Thailand. A drop in government spending during the
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UK economy shrinks by 0.2% in last three months of 2011 UK economic activity shrank by 0.2% in the last three months of last year according to official figures. It marks a sharp drop in economic activity from the third quarter of 2011, when gross
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Ireland's recession-battered economy in 2009 suffered its greatest declines since record-keeping began, the Central Statistics Office reported Thursday. Gross national product, or GNP, fell 11.3 percent from January to December. Gross domestic
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