GDP Growth this Year is 3.95% Lower than 2011

In the first quarter of 2012, Ecuador registered a fall of 3.95% less in Gross Domestic Product (GDP) compared to the same period last year. This year, GDP rose 4.84% Ecuador, while in 2011 grew to 8.80% in the first quarter. Of fourteen economic activities that contribute to...
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Spain Might Need a Second Bailout

Spain is on the verge of needing a second economy rescue, after the last European agreement for the rescue of Spanish banks with a loan up to 100.000 million euros, had failed. For the first time in Spain economic history, its 10-year national bond profitability  reached 7%....