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Australia's economic outlook remains subdued: Survey
IANS | 22 Feb, 2012 |
| Australia's economic outlook improved slightly in December 2011, but the growth rate of future economic activity remains subdued, according to a survey released Wednesday by Westpac Banking Corporation and the Melbourne Institute.The annualized growth rate of the Westpac/Melbourne Institute Leading Index, which indicates the likely pace of economic activity three to nine months into the future, was 2.3 percent in December, up from 1.8 percent in November, reported Xinhua. |
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Russia's poverty rate rises to 12.8 pc
IANS/RIA Novosti | 22 Feb, 2012 |
| Russia's poverty rate increased to 12.8 percent of the population in 2011 compared to the previous year, Alexander Surinov, head of the Federal State Statistics Service (Rosstat), said Tuesday in Moscow.
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