JAPAN: Business spending drives 1.4% GDP growth

The economy grew 1.4% year-on-year in the second quarter, the government announced today. The...

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BELARUS: High economic growth seems unsustainable

GDP grew by 8.9% in the first half of 2005, the CIS Statistical Committee reported yesterday. The...

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China's trade surplus continues to rise, and its trading partners face very real adjustment...

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The People's Bank of China yesterday announced a reform of the exchange-rate regime. The reform...

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Moscow would like to reinforce Russia's political leadership of the CIS with strong economic...

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On July 18, the defence reform commission recommended unifying the armed forces and ending...

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Prime Minister Calin Popescu-Tariceanu will tender his resignation on July 18, precipitating...

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As external demand weakens, Japan's economy is increasingly dependent on internal drivers to...

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The government sent a revised 2005 budget to parliament on July 5. The revision shuffles about 1...

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China and its East Asian neighbours run significant 'overall balance' surpluses -- meaning they...

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