Word: gdp
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...good news on the economic front lately, with unemployment dipping to 6.4%, its lowest since 1992, tough questions for the country's future remain unresolved. Italy is hobbled by a chronic lack of economic and social mobility, an unsustainable pension system and public debt that stands at 106% of GDP. Illegal immigration is exploding while birth rates are among the lowest in Europe. Intractable poverty and organized crime remain endemic across the southern half of the country...
...glassmaking stocks, Serbian construction stocks and inflation-index-linked housing bonds in Iceland. Today he says he has no dominant positions and cites certain themes such as insurance providers in emerging markets and food. In the latter, he likes beneficiaries of cheap agriculture and protein, noting opportunities in Argentina GDP warrants, Brazil broadly and fertilizer companies in Taiwan. In equities he likes Serbia, Macedonia, Malaysia and the GCC (Gulf Cooperation Council) countries, and he is looking to other frontier markets, including Kazakhstan and Georgia. Pushed to home in on one idea, Leitner says his favorite trade is buying a short...
...leading to it. Artist George Stanley was showing the crowd his creation, an iconographic, Christ-like representation of Harry. As the old religions lose their power, he said, “we need new heroes for a new generation.” An increase in imagination would increase our GDP, he claimed, and lead to evil expunged and good ascendant...
...math doesn't render Obama's Chicago-Iraq analogy totally null and void. On the one hand, the point is statistically unhinged, like comparing the GDP of different countries without knowing the currency. On the other hand, politics isn't math...
...clampdown on Turkey's Kurdish minorities. The AKP, if elected, vows to press ahead with additional requirements of E.U. accession, whether or not the Europeans are willing to let Turkey join. The party also promises to nearly double personal annual incomes to $10,000, and raise national gdp from $400 billion to $800 billion by the end of its next five-year term. "Then," says Gul, "I don't think France or Austria or anyone else will be able to ignore Turkey...