Word: gdp
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...sovereign debt of The Ukraine or the Republic of Kazakhstan. Now, the trouble has moved much closer to home as the credit agency lowered its credit rating outlook for the U.K. from "stable" to "negative." The agency is concerned about the increase in government debt and decrease in GDP. The action may make it more difficult for the British government to raise money or, alternatively, it may force the country to pay higher interest rates. (See pictures of the global financial crisis...
...determined to secure liberal democracy in the Maldives. He sees the dissident struggle he helped wage in the Maldives, an orthodox Sunni nation, as a lightning rod for change in the Muslim world. But there are more pressing challenges at home. The Maldives boasts South Asia's highest GDP per capita, but the figure is inflated by the country's significant tourism revenues, which do not trickle down to everyone. Some 40% of the Maldives' population still earns less than $2 a day. And Maldivian youth are in the middle of a drug epidemic that, proportionate to the nation...
...Gayoom's supporters point to the influx of foreign cash that flooded into the country after he assumed power. His government opened dozens of the archipelago's islands to international tourism, which now directly contributes to 30% of the Maldives' GDP. In a country short on land, construction became a lucrative business: the cramped capital Malé, where more than a third of the population lives, is a maze of concrete. Rents sometimes match those of world cities such as Hong Kong or New York City, and a bleary-eyed community of foreign laborers hammers away at building sites daily...
...CHANGE IN GDP...
...brief but historic run to expectations among investors that the Congress Party's victory would bring political stability to India and give Singh's progressive administration a freer hand to pursue economic reforms in sectors such as insurance, retail and banking. Some analysts are already revising India's GDP growth and corporate earnings outlooks. Chetan Ahya, economist for Morgan Stanley Asia, upgraded his growth forecast for India this year from 4.4% to 5.8%. "The markets are enthused by the current political developments after 18 years of coalition governments," says Bharat Iyer, head of India research at JP Morgan...