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Economics News and Commentary |
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News: BBC News: Economy
UK economic outlook 'worsening'
Economic prospects for the next 18 months have got worse, the British Chambers of Commerce warns.
Big fall in French factory output
French industrial output falls four times more sharply than expected in March, raising concerns about the economy.
Burma cyclone raises rice prices
Rice prices rise for a sixth straight day as supplies continue to be stretched after cyclone damage in Burma.
Centrica warns over wind farms
Centrica warns that the prospect of making money from wind farms is looking "marginal" due to high costs.
Supply fears push oil beyond $126
Crude oil has hit yet another all-time high in Friday trading, as strong demand and supply fears continue.
UK interest rates stable at 5%
UK interest rates are held at 5% by the Bank of England's Monetary Policy Committee, as inflation concerns persist.
Eurozone rates kept steady at 4%
The European Central Bank leaves eurozone interest rates on hold at 4% after its latest meeting.
Putin in 2020 pledge on economy
Vladimir Putin promises to rein in inflation and boost social spending in his new job as Russia's prime minister.
Paulson sees end of credit crunch
US Treasury Secretary Henry Paulson says the worst of the credit crunch may have passed.
Power to SA mines 'not at risk'
South Africa promises that its lucrative mining sector will not suffer further power disruption during the winter months.
Carbon market's value hits $64bn
The market that enables firms to buy and sell the ability to pollute doubled in value in 2007, the World Bank says.
US productivity beats forecasts
US worker productivity topped analysts' forecasts during the first three months of 2008, official figures show.
Further decline in US home sales
Sales of previously-owned US homes fell 20% in March as the housing downturn continued, figures show.
UK manufacturing falls in March
UK manufacturing output fell in 0.5% in March - its sharpest decline in six months, official data shows.
Fall in eurozone retail sales
Retail spending across the eurozone declined more than expected in March, official figures show.
'Squeeze' on household spending
The share of household income spent on food and bills has risen over the past six years, research shows.
US business bankruptcies rise
US commercial bankruptcy filings jumped 49% in April from a year earlier, court records show.
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