Britain's economy above pre-financial crisis level

Source: WBP Online
In regard to economic growth, Britain's economy is leading when compared to the world's most developed economies. Preliminary release of GDP growth revealed that the UK's economy expanded by 0.8%, as it was forecast. When compared to last year's values, economic growth rose 3.1%, also corresponding to what was predicted.
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Fri, 25 Jul 2014 09:59:15 GMT

Argentina's default looms near

Argentina is looking to avoid a default on its bond payments as time is running out to meet creditors' demands. With a US judge ruling that the country has to pay its "holdout" creditors, who have demanded full payment before the restructured bondholders can be repaid, both parties still have not reached an agreement. A disagreement could lead to Argentina's

Fri, 25 Jul 2014 09:37:07 GMT

Vodafone sales decline less than predicted

Vodafone Group Plc., the second-biggest telecommunications company in the world, announced a 4.2% drop in its Q2 sales, however, economists forecasted a 4.4% decrease. Total service revenue reached 9.4 billion pounds. Africa and Asia markets rose, while sales in Europe are still falling. This morning, Vodafone Group Plc equities are rising 2.8% to 203.4 pence by 8:20 GMT in London.

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