Word: gdp
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...central government put on a brave face and hinted that GDP in China's first quarter might be a bottom, but a look at the role that exports played in the number suggests otherwise...
...year ago, neither the car companies nor the federal government thought that they would be facing a decision on one or two Chapter 11 filings or how the fall-out from these events would be managed. A year ago, no one expected the GDP to fall as fast as it is falling or that the economy would be losing 600,000 jobs a month...
...cows, buffalo, goats, sheep, horses and mules are indispensable to India's rural economy - whether the animals are yoked to plow land, raised for milk and manure or harnessed to pull carts to move goods and people. The Ministry of Agriculture estimates that livestock contribute 5.3% to total GDP, up from 4.8% during 1980-81. But, says K.K. Singhal, head of dairy cattle nutrition at the National Dairy Research Institute in Karnal in northern India, "while livestock plays a crucial role in the economy, global warming is becoming a huge worry. We're trying to find indigenous solutions, because...
...services, lack of a proper social security system, and underdeveloped credit markets for mortgage and consumer finance. These all conspire to place an almost insurmountable drag on the government's efforts to get its consumers to open their wallets. Domestic consumption accounts for about one-third of China's GDP, compared with around...
...need it. As part of Japan's economic recovery program, Aso has told Yosano to prepare a stimulus package of a 10 trillion yen ($100 billion), at least 2% of GDP, to help create jobs, secure credit for firms and develop energy-efficient technologies. The supplementary budget to fund the stimulus is expected to go to the Diet by end of the month. (See pictures of Japan and the world...