Bloomberg made a rating of most 'painful' economies of world
Other countries
- 03 March, 2015
- 11:04
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 3 March. REPORT.AZ/ Venezuela, Argentina, South Africa, Ukraine and Greece - the five most painful economies in which to live and work, according to Bloomberg survey data that make up the so-called misery index for 2015 with a simple equation: unemployment rate + change in the consumer price index = misery
In the first place ranking is Venezuela. Its index is approaching 85 percent. Next is Argentina (30 percent), South Africa (29 percent), Ukraine (27 percent) and Greece (23 percent).
Russia is the seventh in the list with the level of painful economy of 20 percent.Indonesia rounded out the Top-15.
Latest News
23:47
US federal judge Alvin Hellerstein dies at 92
Other countries
23:28
Erdoğan, Trump discuss bilateral ties and regional developments
Region
22:51
Fed holds rates steady at 3.75%–4%, signals possible further hikes
Other countries
22:36
Azerbaijan, FAO discuss cooperation and future prospects
Foreign policy
22:24
Erdoğan, Tokayev discuss bilateral cooperation in Ankara
Region
22:21
Photo
Azerbaijan, Sudan discuss prospects for cultural cooperation
Culture
22:09
President Ilham Aliyev offers condolences to Spain over train tragedy
Foreign policy
21:43
Photo
Heydar Aliyev Foundation and ICESCO sign new cooperation agreement
Cultural policy
21:41
Azerbaijan, Slovakia welcome launch of direct air connection
Tourism