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.
Diana Blakeney/PA/Bank of England
On stepping down as governor of the Bank of England, Mervyn King was presented with this portrait of himself by artist Diana Blakeney. In addition to the £10,000 painting Sir Mervyn, now Lord King, received a £597 silver napkin ring and a £2,505 sculpture of German playwright and scientist Johann von Goethe when he retired on July 1. The £13,000-worth of gifts were all paid for by the Bank of England, which is owned by the country. Three events were also held to mark his departure, which came to more than £10,000. The information emerged following a freedom of information request from msn.com, with the Bank of England insisting the gift of the silver napkin ring is normal for all departing senior directors
Marialena, a 42 year-old homeless AIDS sufferer and former drug addict who is on a methadone rehabilitation programme, sleeps under a bridge in central Athens.
People take their break in the business district of La Défense, Paris, on Wednesday. France’s economy has fallen back into recession, spelling trouble for the region. Insee, the national statistics agency, said gross domestic product fell 0.2 per cent in the first quarter of the year. It also revised its data for the fourth quarter of last year, saying GDP fell 0.2 per cent, up from a 0.3 per cent retraction.