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  • Taiwan stocks at 2-wk low as Dubai woes hit banks 27 Nov 2009 02:33 GMT
    ... Dubai's debt woes sidestepped the island's better-than-expected GDP data to dump financial shares such as Shin Kong. By ... upward revision of its 2009 and 2010 economic growth forecasts, worrying instead that Dubai's problems could ... Lee. 'But as we saw from the Iceland saga, these are confidence issues, and having just ...

  • Best Performing Real Estate Markets In The World In Q3 2009 27 Nov 2009 18:55 GMT
    ... to date), the UAE (-48.1%), Bulgaria (-28.7%), Iceland (-21.2%), Russia (-19.5%) and Slovakia (-15.3%) (all figures ... the Asian economies, which are enjoying strong economic growth and high residential property price rises (Thailand ...

  • Mined out 27 Nov 2009 09:52 GMT
    ... Africa. Gold contributes only 1.5% to gross domestic product, having fallen from 2% in 2000. The ... empty promise when entire countries such as Iceland went bankrupt. Overnight a currency can become ... other hand, faces supply constraints with the growth in gold production in decline. Central banks ...

  • Norway offers 'entry into untapped market' 27 Nov 2009 05:32 GMT
    ... He told a seminar in Sandton on Economic Growth Through Knowledge Transfer and Trade , as ... goods, he said. The Efta countries are Iceland, Liechtenstein, Norway and Switzerland. In turn, Norway could ...

  • Jobless toll to rise again, says IMF, as leaders vie for votes 24 Nov 2009 00:42 GMT
    ... is a worse basket case than even Iceland or Ireland. That is why you don't hear ... year, equivalent to 2.4 per cent of GDP, Ireland will have a surplus of £1.3 billion, Finland ... to Britain from China. In our new growth strategy, I want not hundreds but thousands ...

  • OECD economies return to growth 23 Nov 2009 16:51 GMT
    ... according to preliminary estimates released today. Gross Domestic Product (GDP) in the leading seven economies - Canada, ... Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, Netherlands, New ...

  • Tax burdens falling in OECD economies as crisis takes its toll 26 Nov 2009 07:15 GMT
    ... to have been some ½ percent of GDP, from 35.8% to an estimated 35.2%. "Many more ... from 40.9 per cent in 2007 in Iceland; to 33% from 37.2% in Spain; and to ... 3.6% in 2000. In 1975, these revenues comprised only 2.2% of GDP. ...

  • Dubai Defaults - Deflation In Action - Watched Pot Theory Revisited 26 Nov 2009 21:18 GMT
    ... 40 percent, Dubai's announcement yesterday “was a surprise,” said Alia Moubayed, a London-based economist at ... with its banks on government life support. Iceland has already blown up, who is next? Most ... economy got a measly 2.8% rise in GDP. Now what? Jobs are still contracting, businesses are ...

  • Dubai debt Defaults, Deflation In Action, Watched Pot Theory Revisited 26 Nov 2009 21:51 GMT
    ... 40 percent, Dubai’s announcement yesterday “was a surprise,” said Alia Moubayed, a London-based economist at ... with its banks on government life support. Iceland has already blown up, who is next? Most ... economy got a measly 2.8% rise in GDP. Now what? Jobs are still contracting, businesses are ...

  • SA likely out of recession 23 Nov 2009 12:10 GMT
    ... third quarter of 2009, with third quarter GDP data likely to show economic growth of around 2.0% (on a seasonally adjusted ... apart from Malaysia, the US, Spain and Iceland (the latter two at more than -10% of ...

  • State gaining four times less than UK from property taxes 25 Nov 2009 05:54 GMT
    ... tax "burden" falling below 30pc of output (GDP) for the first time since the 1970s. When ... which leave the country, the tax burden rises to around 34pc of national income (GNP). ... economies of Ireland, . Tax ratios in Iceland fell to 36pc of GDP from 40.9pc in ...

  • Whale watching boosts regional tourism 23 Nov 2009 03:15 GMT
    ... have been the principal beneficiaries of this growth despite the support given by a few ... million. This contribution by whale watching to economic growth in Central American and Caribbean countries has ... Japan and a handful of European nations. Iceland was roundly condemned earlier this month by 26 countries ...

  • Norway seeks to expand trade with SA 26 Nov 2009 16:15 GMT
    ... sector generating about 75% of its gross domestic product (GDP). While the country’s trade in goods had ... South Africa and Swaziland, while Efta incorporates Iceland, Liechtenstein, Norway and Switzerland. Madsen added that the ...

  • New Thinking on Dealing with Financial Crises 26 Nov 2009 04:34 GMT
    ... the financial crash. Spain, Ireland, USA, UK, Iceland, to name a few. Excessive credit expansion was evident ... interest rate and other tools to protect economic growth and employment against a downturn as long ...

  • EU Must Take Initiative to Reactivate FTA Talks: Lubna 23 Nov 2009 20:26 GMT
    ... members of the European Free Trade Association Iceland, Liechtenstein, Norway, and Switzerland The MoFT has been ... the steps taken to protect the domestic enterprises should not lead to choking of global ... contribute to 63.2 per cent of the GDP of the UAE, Shaikha Lubna said. The UAE ...


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