Poland expects economy to grow 5.5 percent
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The Polish government expects gross domestic product to grow by 5.4 or 5.5 percent year-on-year in 2004, the statistical office said Thursday.
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Polish industrial production surged by 13.5 percent year-on-year in August compared with 6 percent growth in July, official figures showed Friday.
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French Prime Minister Jean-Pierre Raffarin insisted this weekend his country would achieve growth of 2.5 percent next year despite reports of flagging economic momentum in recent months.
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Hong Kong&#39;s economy is on track to reach the forecast 7.5 percent growth for the full year, government economist Kwok Kwok-chuen said here Friday at a press briefing.
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Bank of Ireland has reported a 5 percent rise in first-half profits, in line with predictions made in its September trading update, and says it is confident about the outlook for the full year.
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Global commerce is expected to grow 8.5 percent by the end of this year, helped by economic expansion that could overcome record oil prices, the World Trade Organization said Monday.
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The US economy raced ahead at a 5.6 percent pace in the first quarter, the government has said, revising upward its last estimate of a 5.3 percent growth rate.
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The Bank of England is seen holding rates at 5.5% after its latest meeting, but a rise remains a possibility.
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Joining the European Union has proved profitable for sugar farmers in Poland, but this could be about to change.
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Prime Minister Marek Belka promised to reduce Poland's military presence in Iraq from early 2005 and maintain buoyant economic growth if he wins a confidence vote in his minority cabinet Friday.
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The world economy, powered in part by China, will grow this year at its briskest pace in almost three decades -- five percent -- before losing steam in 2005 in the face of higher oil prices, the IMF said.
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Like-for-like rise of around 5% on previous year.
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The number of people looking for work in Germany could rise above the politically critical five million mark this year, Economy and Labour Minister Wolfgang Clement said.
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More than half of business people in the  Gulf Arab region polled by HSBC expect profits to grow by more  than 5 percent in 2007, the bank said on Saturday.
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NEW YORK -- The United Nations Conference on Trade and Development (UNCTAD) announced Thursday (local time) that the Korean economy is expected to grow by 6.5 percent while the world economy by 3.8 percent.
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WASHINGTON US economic growth will slow to 3.5 percent in 2005, but still generate average monthly job gains of about 175,000, the Bush administration predicted Friday in a rosy annual forecast that promised solid growth, low inflation and falling
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Electricity shortages, now expected to be a fact of life for the next five years, are threatening economic growth.