Apr 22nd, 2009 - Bloomberg
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April 23 (Bloomberg) -- Australian Treasurer Wayne Swansaid International Monetary Fund forecasts for his nation’seconomy are “bleak” and will have severe consequences for thegovernment’s budget, due to be released next month.
Australia’s gross domestic product will fall 1.4 percentthis year, before rising 0.6 percent in 2010, the IMF predictsin its world economic outlook released in Washington.Unemployment will jump to 7.8 percent from the current rate of5.7 percent.
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Lion Nathan Profit Rises 6.9% on Australia Beer Sales
Apr 23rd, 2009 - Bloomberg
April 24 (Bloomberg) -- Lion Nathan Ltd., the Australianbrewer that received a takeover offer from Kirin Holdings Co.,said first-half profit rose 6.9 percent on sales of moreprofitable domestic beers.
Budget 2009: Government's economic recovery predictions 'utter ...
Apr 23rd, 2009 - Telegraph
The Conservatives said that the IMF figure and other more pessimistic City forecasts showed that Mr Darling had produced a "dishonest Budget" based on "fantasy forecasts". Vince Cable...
World economy in severe recession, IMF says
Apr 22nd, 2009 - Reuters
WASHINGTON (Reuters) - The International Monetary Fund on Wednesday slashed growth forecasts for every major country and urged governments to take forceful action to ensure the world economy's recovery from a severe recession.
Budget 2009: City pours scorn on Treasury's GDP growth forecasts
Apr 22nd, 2009 - guardian.co.uk
City economists poured scorn on Treasury forecasts that Britain will rapidly bounce back from its weakest one-year performance since 1945 to record a sustained period of rapid growth from 2011.
Budget 2009: the options open to Alistair Darling
Apr 22nd, 2009 - Telegraph
He is faced with the unenviable reality that although the UK is in the midst of the worst recession since the 1980s, he has very little room to help struggling British...
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