IMF sees Spain’s jobless rate climbing to 27 percent this year

Agency now predicts that Spanish economy will contract by 1.6 percent in 2013.

After five years in crisis, the IMF on Tuesday predicted the Spanish economy would continue to struggle, with the recession deepening this year, accompanied by record levels of unemployment.
In its latest World Economic Outlook report, the International Monetary Fund forecast the Spanish economy would decline 1.6 percent this year after on top of a 1.4-percent contraction in 2012. A timid recovery is due to set in next year when GDP is expected to grow 0.7 percent. The IMF previously forecast GDP would shrink 1.5 percent this year and grow 0.8 percent in 2014.
El Pais

IMF sees Spain’s jobless rate climbing to 27 percent this year

Agency now predicts that Spanish economy will contract by 1.6 percent in 2013.

After five years in crisis, the IMF on Tuesday predicted the Spanish economy would continue to struggle, with the recession deepening this year, accompanied by record levels of unemployment.
In its latest World Economic Outlook report, the International Monetary Fund forecast the Spanish economy would decline 1.6 percent this year after on top of a 1.4-percent contraction in 2012. A timid recovery is due to set in next year when GDP is expected to grow 0.7 percent. The IMF previously forecast GDP would shrink 1.5 percent this year and grow 0.8 percent in 2014.
El Pais

Never mind nuclear war, says North Korean defector Joo-il Kim, the reality of famine is bad enough

While he agrees that the current stand-off is more serious than previous events, he remains confident there will not be conflict. “This current regime does not want a war,” he tells me through a translator. “The people don’t have anything, so they don’t have anything to lose if they went to war – but the regime, they have wealth.” Living in luxury, he says, the leaders will not want to risk what they have.
The independent

Never mind nuclear war, says North Korean defector Joo-il Kim, the reality of famine is bad enough

While he agrees that the current stand-off is more serious than previous events, he remains confident there will not be conflict. “This current regime does not want a war,” he tells me through a translator. “The people don’t have anything, so they don’t have anything to lose if they went to war – but the regime, they have wealth.” Living in luxury, he says, the leaders will not want to risk what they have.
The independent

The Western diet really IS a killer: People who eat white bread, butter and read meat are most likely to die young

A study published The American Journal of Medicine found that people who ate the most fried and processed food, red meat and white bread doubled their risk of premature death or ill health in old age.

Mail

The Western diet really IS a killer: People who eat white bread, butter and read meat are most likely to die young

A study published The American Journal of Medicine found that people who ate the most fried and processed food, red meat and white bread doubled their risk of premature death or ill health in old age.

Mail

North Korea vows blitz attack on South warning 'retaliation will start without notice'

NORTH Korea's military has today issued an "ultimatum" saying it would launch retaliation against South Korea without warning if "anti-North Korean" activities continue.

Express