June 07, 2012 at 11:36 AM EDT
Australia: “In a League of its Own”
The words in the headline quote are of Australian Treasurer Wayne Swan. That’s how he described his country’s economy relative to the rest of the world after the Australian Bureau of Statistics (ABS) reported Wednesday that first-quarter gross domestic product (GDP) expanded by 1.3 percent quarter over quarter, about double the 0.6 percent median forecast. [...]
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