economy

Thailand economy escaped a technical recession...epa04359679 A Thai street tailor works next to portraits of King Bhumibol Adulyadej decorated at his stall in Bangkok, Thailand, 19 August 2014. Thailand's gross domestic product (GDP) expanded by 0.4 percent year-on-year growth in the second quarter of 2014 after its shrink 0.5 percent in the first quarter, an unexpectedly upswing drive Thailand economy escaped a technical recession.  EPA/RUNGROJ YONGRIT

Rungroj Yongrit/EPA

A Thai street tailor works next to portraits of King Bhumibol Adulyadej decorated at his stall in Bangkok, Thailand. Thailand’s gross domestic product (GDP) expanded by 0.4 percent year-on-year growth in the second quarter of 2014 after its shrink 0.5 percent in the first quarter, an unexpectedly upswing drive Thailand economy escaped a technical recession. Read more

  FOR ALL PICTURES SEARCH 'PENNEY SNIM' FOR ALL IMAGES PXP01-PXP33  Mauritania's SNIM iron ore mining company aims to produce 13 million tonnes in 2014, around the same level as last year, the majority state-owned firm said. SNIM mines black iron ore in the northern town of Zouerate, a remote desert location which nevertheless attracts people from all over the country looking for work. SNIM employees proudly call their firm the lung of their nation's economy and the train that ferries the ore to the coast stretches some two kilometres, making it one of the world's longest. REUTERS/Joe Penney (MAURITANIA - Tags: BUSINESS COMMODITIES EMPLOYMENT ENVIRONMENT SOCIETY TPX IMAGES OF THE DAY) TEMPLATE OUT

Joe Penney/Reuters

Mauritania’s SNIM iron ore mining company mines black iron ore in the northern town of Zouerate, a remote desert location that attracts people from all over the country looking for work. The train that ferries the ore to the coast stretches about 2 km.

TOPSHOTS A homeless family lives under a...TOPSHOTS A homeless family lives under a statue in Manila on July 24, 2014.  The Philippines' roaring economy cooled in the first quarter of the year as the impacts of Super Typhoon Haiyan and other natural disasters hit harder than expected, official data showed.  AFP PHOTO/NOEL CELISNOEL CELIS/AFP/Getty Images

Noel Celis/AFP/Getty

A homeless family live under statues in Manila. The Philippines’ economy cooled in the first quarter of the year as the impacts of Typhoon Haiyan and other natural disasters hit hard, official data showed. Read more

TOPSHOTS An Indian fisherman waits and w...TOPSHOTS An Indian fisherman waits and watches to cast his net into the River Daya near Basantapur village, some 20 kilometers from Bhubaneswar, on July 15, 2014. Villagers living along the banks of the Daya river seasonally turn to fishing to meet their subsistence needs as monsoon rains bring an increase in water levels. AFP PHOTO/ASIT KUMARASIT KUMAR/AFP/Getty Images

Asit Kumar/AFP/Getty

An Indian fisherman waits and watches to cast his net into the River Daya near Basantapur village, India Read more

A worker rappels from the Cristo Redentor statue at the Corcovado in Rio de Janeiro...A worker rappels from the Cristo Redentor statue at the Corcovado in Rio de Janeiro June 23, 2014. In a project called "On The Sidelines" Reuters photographers share pictures showing their own quirky and creative view of the 2014 World Cup in Brazil. Picture taken June 23. REUTERS/Alessandro Garofalo (BRAZIL - Tags: SPORT SOCCER WORLD CUP SOCIETY)    ATTENTION EDITORS: PICTURE 13 OF 71 FOR PACKAGE 'ON THE SIDELINES AND TO THE FINAL'  TO FIND ALL IMAGES SEARCH 'SIDELINES FINAL TOPCUP'

Alessandro Garofalo/Reuters

A worker rappels from the Christ the Redeemer statue atop Rio de Janeiro’s Mount Corcovado, Brazil. Small sections of the famous monument’s head and right hand were chipped off in recent lightning strikes. Read more

An anti-government demonstrator dressed as Batman holds a sign on the Lapa Arches during a protest against the 2014 World Cup in Rio de Janeiro...An anti-government demonstrator dressed as Batman holds a sign on the Lapa Arches during a protest against the 2014 World Cup in Rio de Janeiro June 12, 2014.   REUTERS/Lucas Landau

Lucas Landau/Reuters

An anti-government demonstrator dressed as Batman holds up a sign on the Lapa Arches during a protest against the 2014 World Cup in Rio de Janeiro, Brazil Read more

A Pakistani vendor loads roasted corn onto a handcart in Lahore on June 13, 2014. Pakistan is gripped by a chronic energy crisis which has put a brake on industrial productivity, and is struggling to control inflation, currently at 8.6 per cent. AFP PHOTO/Arif ALIArif Ali/AFP/Getty Images

Arif Ali/AFP/Getty

A vendor loads roasted corn on to a handcart in Lahore, Pakistan. The country is gripped by a chronic energy crisis that has put a brake on industrial productivity, and is struggling to control inflation, currently at 8.6 per cent Read more

Visitors look at a view of the city skyl...Visitors look at a view of the city skyline from the rooftop pool of the Marina Bay Sands resort hotel in Singapore on May 20, 2014. Singapore's trade-reliant economy expanded a seasonally adjusted 2.3 percent quarter-on-quarter the trade ministry said May 20. AFP PHOTO/ROSLAN RAHMANROSLAN RAHMAN/AFP/Getty Images

Roslan Rahman/AFP

The rooftop pool of the Marina Bay Sands resort hotel in Singapore. The nation’s trade-reliant economy expanded a seasonally adjusted 2.3 per cent quarter on quarter, the trade ministry said on Tuesday Read more

People are silhouetted as they walk past the columns of the Bank of England in the City of London...People are silhouetted on a sunny morning as they walk past the columns of the Bank of England in the City of London, May 19, 2014. Sterling eased on Monday, on growing talk the Bank of England will step in to cool the UK housing market, which would allow the central bank to keep interest rates lower for longer to sustain recovery elsewhere in the economy.

Andrew Winning/Reuters

People are silhouetted on a sunny morning as they walk past the columns of the Bank of England in the City of London. Sterling eased on Monday, on growing talk the BoE will step in to cool the UK housing market, which would allow the central bank to keep interest rates lower for longer to sustain recovery elsewhere in the economy

A woman prepares food at a restaurant in a back lane in downtown Bangkok

Christophe Archambault/AFP/Getty Images

A woman prepares food at a restaurant in a back lane in downtown Bangkok. Thailand’s economy shrunk 0.6 per cent year on year in January-March, data showed on Monday, as the country’s political crisis battered consumer confidence and frightened off tourists.