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The German economic outlook has rarely looked sunnier, with sky-high business confidence and growth strong enough to shrug off a sharp rise in sales tax early this year, data showed on Thursday.
The US economy appears set for a soft landing, the OECD said Wednesday, but it warned that the troubled sub-prime mortgage sector still poses a major risk.
The British economy grew by 0.7 percent in the first quarter of 2007 and by 2.9 percent over 12 months, official data showed on Friday.
The British economy expanded by 2.9 percent during the first quarter of 2007 on a 12-month comparison, official data showed on Friday.
The United States is set for a budget "crisis" unless it reforms health-care spending on its ageing population, the OECD said in a report on Tuesday, mixing high praise for past reforms with dire warnings.
India was expected to confirm on Thursday that its economy expanded at a record 9.2 percent in the past financial year despite tighter monetary policy by the central bank to cool inflation.
India's economy grew faster-than-expected at a record 9.4 percent pace in the year to March, beating a government forecast of 9.2 percent Thursday and raising hopes of more foreign investment.
The US economy slowed to a 0.6 percent growth pace in the first quarter of 2007, the government said Friday in a revision for the January-March period.
The US economy slowed to a 0.6 percent growth pace in the first quarter of 2007, the weakest in over four years, the government said Thursday in a revision for the January-March period.
The US economy weakened in the first quarter with a sluggish 0.6 percent growth pace, data showed Thursday, but many analysts said they see signs of a rebound ahead.
South Korean exports rose nearly 12 percent year-on-year to a monthly record of 31.25 billion dollars in May thanks to brisk shipments of steel and cars, the government said Friday.