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UK Triple-Dip Recession Dodge: What George Osborne, Ed Balls and Others Are Saying
Round-up of comments on UK's 0.3 percent growth in first quarter as triple-dip recession threat looks to have been avoided.
UK Dodges Triple Dip Recession with 0.3% Growth [VIDEO]
ONS preliminary GDP data suggests no triple-dip recession in significant boost for Chancellor George Osborne.
European Markets Open Mixed Ahead of UK GDP Data
The UK GDP data will confirm whether the country has entered a "triple-dip recession" or not.
S Korea GDP Rises 0.9% in First Quarter on Higher Exports and Public Spending
South Korea GDP rises most in two years in first quarter.
Asian Markets Rise as Korea GDP Growth Hits Two-Year High
South Korea's economy grew 0.9 percent in the first quarter from 0.3 percent in the fourth quarter.
Funding for Lending: Cautious Optimism From Business Groups Over Osborne Changes to Credit Scheme
Business groups have welcomed focusing FLS more towards SME lending, but warn that it will not alone heal the UK economy.
UK Public Borrowing Falls, Deficit Narrows
Chancellor George Osborne borrowed less than fiscal watchdog predicted, despite weak domestic output weighing on tax receipts.
Eurozone Economic Slump Continues Amid Surprise German Slowdown [VIDEO]
German economic activity in April slows for the first time in five months as Cyprus headwinds hit the eurozone core.
China Manufacturing Slows Down in April - HSBC Flash PMI
China's April manufacturing PMI indicates disappointing growth in the first quarter.
UK Household Finances Squeeze Tightens in April - Markit [VIDEO]
Markit shows household finances in precarious position as real-terms pay cuts and rising cost of living dent income.
Eurozone Debt Levels Reach Record High - Eurostat
Britain's debt-to-GDP hits 90 percent and notches one of the highest budget deficit figures for the whole of the European Union.
Google's Eric Schmidt Uses Campus London Success to Defend UK Tax Affairs
Google has defended paying very little tax in the UK by highlighting its key role in growing economy.
Italian Shares, Bonds Rise as Napolitano Election Raises Hopes For New Government
Giorgio Napolitano becomes first two-term president after weekend vote that could mark end of political gridlock.
The Secrets of Britain's Richest Man, Arsenal's Uzbek Tycoon Alisher Usmanov
Alisher Usmanov has been named the UK's richest resident, with a fortune of £13.3 billion. But how did he get so rich?
Britain May Escape Triple-Dip Recession Despite Challenging Economic Climate
Different surveys predict the UK will avoid triple-dip recession.
Asian Markets Weekly Report: Shanghai Gains While Australia Hit by Lower Commodity Prices
Asian markets end on a mixed note in the week due to volatile commodity prices and yen weakness.
Fitch Downgrades UK's Credit Rating In New Blow for George Osborne
Ratings agency follows Moody's to downgrade Britain to AA+ but keeps a stable outlook
European Market Briefing: Shares Head for Weekly Decline Amid Commodity Price Volatility [VIDEO]
European Market Briefing: Shares Fall for a Fourth Day as Growth Concerns Persist [VIDEO]
Eurozone Current Account Surplus Rise Beats Estimates
Current account surplus rises to €16.3bn, above analysts' estimates of €14.5bn
Mark Carney: Bank of England Alone Can't Save UK Economy from Crisis
Appearing to back Osborne over IMF on austerity, incoming BoE governor Carney said fiscal adjustments only route to sustainable economic growth for UK.
IMF Nudges Osborne on Austerity as it Slashes UK Growth Forecasts
International Monetary Fund predicts just 0.7 percent growth for UK economy in 2013.
IMF Cuts Global Growth Forecast As Austerity Bites in US and Europe
International Monetary Fund says advanced nations will expand at a 1.2 percent pace, compared to 5.3 percent for emerging and developing economies.
Japan February Industrial Output Growth Revised Up to 0.6%
Yen's weakness and growing investor sentiment in the country are cited as reasons for better industrial production data.
China's First-Quarter GDP Growth Eases to 7.7% on Lower Industrial Output
China attributes weak growth rate to global economic tensions and domestic controls such as property cooling measures.
Asian Markets Down on Weak US Sales and China GDP Growth
China's GDP growth eases to 7.7 percent in the first quarter from 7.9 percent in the preceding quarter.
Asian Markets Weekly Report: Nikkei Rises While Korea Suffers Jitters
Most Asian markets add to their gains during the week supported by a strong start to the US earning season and Japan stimulus.
Cyprus in Crisis: President Asks EU for Financial Assistance Despite Bailout
Nicos Anastasiades says he’s writing to EU officials to ask for extra assistance and support despite the €10bn bailout
Cash-strapped Egypt Owes BP $3bn
Egyptian government late on half of payments to oil companies as post-Arab Spring uncertainty damages economy.
India Industrial Production Growth Slows to 0.6% in February
India's economic growth is yet to pick up despite the recent policy reforms initiated by the government.
European Markets Decline on Caution Over EU Meeting
European markets retreat after four straight days of gains.