United Kingdom suffers another economic setback.

March 8, 2012 at 3:43 pm | Lanka C News.

United Kingdom has reported another economic setback. The British economy, graded as the sixth largest economy of the world,and considered as the’ Sun Never Sets,Empire, has came down to the seventh place against Brazil.
Accordingly, the B.B.C. World Service reported that, the Brazilian economy has became the sixth largest economy of the world.
During Last year,when the British economy has developed by mere 0.8%, the Brazilian economy has gained a huge growth of 27%.
By now, the value of the Brazilian economy is 2.5 Trillion U.S, Dollars,it has gained more since the oil and the food prices have gone up.
According to the I.M.F. data, the value of the British economy is 2.48 Trillion U.S. dollars.
Japan which was considered as the 2nd largest economy of the world, has gone down against China. By now, China is considered as the 2nd largest economy of the world.
The United states of America, is still maintaining it’s status as the largest economy of the world. 

c-city

Hot news

It is reported that the UNP leader Ranil Wickramasinghe has decided to go to Meeriyabadda tomorrow to see the affected people there. Harin Fernando, the opposition leader of Uva province is supposed to join in this tour.  

The president Mahinda Rajapaksa has ordered to establish Meeriyabedda village which is affected by the earth slip at another place. He has advised this when he went to see the affected people this morning. The president has instructed to get the lands after discussing with Koslanda estate.

Geologist Professor Kapila Dahanayake of Peradeniya university says that the reason for the earth slips are the constructions without considering about the earth slips happened int he past. He further said ” today there are many constructions.  They destroy the hills without having proper advices. When something happens, everyone pays attention. But, there is no […]

The UNP information reveals that Mangala Samaraweera and Malik Samarasinghe are trying to damage the relationship between Ranil Wickramasinghe and Sajith Premadasa. The seniors of the UNP have complained to Ranil that there is a relationship between Mangala and Malik and they are trying to damage the relationship between the UNP leader and the deputy. […]

The parliamentarian Athuraliye Rathana thero says that if the government fails to cancel the executive president-ship and to bring the new constitutional proposals in to action, they will move out of the government and support the common candidate in the presidential election. The thero said this explaining the future plans of “Pivithuru Hetak” organization.