The third quarter economic growth with gross national product (GDP) of 7.1 percent has surprised even those in government, a Palace official noted, saying that historically this period ‘is always the slowest’ in terms of output.
The Philippines has maintained its position as one of the fastest growing economies where business confidence in the first three quarters of 2012 has been above the 40 percent level.
More than five hundred anti-government protesters calling for electoral reform were arrested after it has clashed with police.
The rejection of democracy comes from leaders like Wu Banggou, the party’s top legislator who in March warned that electoral democracy would drive China ‘into the abyss of internal disorder.’
Rising prices of food commodities and petrol prices are risking to hinder economic growth in Asia, according to the report by the Asian Development Bank (ADB).
India still strives to feed all of more than a billion population but childhood obesity and diabetes noted among the middle classes, who have largely benefited from a decade of expanding economic growth.
By year 2020, developing countries will consume 100 million metric tons more meat and 223 million metric ton more milk than they did two decades ago.
Germany best performance since reunification 20 years ago which is equivalent to nearly 9 percent annual economic growth rate or a quarter on quarter economic growth of 2.2 percent as it was announced by the government.
Chinese workers had been China’s backbone in their growing economy and trade growth.They are the engine of China economic growth and roaring export economy.