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. 


Hot news

The common candidate Maithripala Sirisena has said that 14 more would join him in two weeks and altogether the figure would become 28 which would be half of the government.This he had said at a election propaganda meeting at Batamure grounds in Rambukkana.he had said that now the president Mahinda Rajapaksa is more concerned about […]

Two members of the Habaraduwa pradeshiya sabha one a JVP and one from UNP had joined the government.They are Asoka Ediriweera of JVP and Namal Priyantha of the UNP.The former addressing a media briefing said he has no intention of staying on with the ‘homosexual’ party.

After the former minister of the western provincial council Udaya Gammanpila returned to the government the JHU Trincomalee district organizer and central committee member of the JHU M.H.G Kumbulegama has decided to join Mahinda Rajapaksa to win the presidential election.He had understood that the correct decision of Gammnapila be imitated.

It is learnt that a few provincial council members of the Democratic party of Sarath Fonseka are contemplating on joining the government.They have commenced talks in this regard with a powerful minister of the government who had promised them to contest under the UPFA ticket in the coming general election.They want to work on the […]

The Ravaya newspaper has published a news that arrangements have been made for the opposition candidate Maithripala Sirisena to swear in as the president on the 10th and the prime minister to be sworn in on the 11th of January 2015 in the united government.