LISBON – Portugal’s economy faces “virtual stagnation” in 2013 after a deep contraction of 3.1% this year, the nation’s central bank said on Tuesday, after austerity imposed by an EU/IMF bailout ...

Vancouver’s growth in GDP is expected to level off this year, partly due to government restraint, but will be offset by strong job growth and a booming mining sector, which is expected to help boost ...

Fewer opportunities for exports, decline in domestic demand to blame. TORONTO—Waning consumer spending and worldwide economic woes are slowing down the Canadian economy in 2012, according to the ...

The country’s economic momentum has mostly been in the western part of the country this year and is likely to stay there next year, according to a report released Wednesday. A forecast from BMO ...

BERLIN (AP) -- Leading economists have raised their forecast for growth in Germany despite the ongoing European debt crisis. A group of top economic institutes have improved their outlook for this ...

Optimism and Pessimism are the flavors of choice in this RTI. I wanted to show everybody the latest consensus forecasts for real GDP growth in major world economies. I arranged them below. Top ...

MADRID – Spain’s debt burden will rise substantially this year because of the country’s high cost of borrowing and the government’s pledge to guarantee loans for local governments to pay back ...

BEIRUT: The specter of the economic slowdown which loomed over Lebanon this year amid the tense political atmosphere in the country and the regional turmoil will probably persist in 2012 if the ...

The Bahamas’ economic output per person declined by a total 11.2 per cent, or almost $3,000, between 2007-2011, Standard & Poor’s (S&P) warning that this “lags the growth rates” of countries with ...

What a difference hindsight can make in what passes for economic debate in Australia, especially among the commentariat in the national papers, and banking and finance circles. Now that we have nearly ...

The surprisingly high growth recorded in Slovakia's GDP for the final quarter of 2011 (3.4 percent year-on-year) brings a more optimistic outlook for 2012, the Slovak central bank (NBS) indicated in a ...

Oman’s real GDP growth will ease from 6.1% in 2010 to 5.2% in 2011 and then 3.9% in 2012, according to the latest QNB Capital Economic Insight report. Oman’s nominal GDP reached an estimated $58bn in ...