Rwanda's GDP to grow by 7 pct in 2007 - finmin

(Reuters) - Rwanda's economy is expected to grow by 7.0 percent in 2007 compared with 6 percent last year due to improved agricultural production, the country's finance minister said on Friday.

"The second quarter has seen impressive results in agriculture. All these point to a GDP growth of about 7 percent for this year," Finance and Economic Planning Minister James Musoni told Reuters in an interview, adding that the service and industry sectors had also improved.


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UPDATE 1-Brazil April current account widens, FDI jumps

(Reuters) - The surplus was higher than the $1.5 billion median
forecast of 21 economists surveyed by Reuters. The forecasts
ranged from $1.2 billion to $2 billion.




In the 12 months through April, the current account surplus
was equivalent to 1.37 percent of gross domestic product,
compared with 1.23 percent of GDP in the 12 months through
March.


Read more at Reuters.com Economic News

US should look beyond China on current acct-study

(Reuters) - The current account is the broadest measure of external
trade flows, including goods, services and interest payments,
between countries.




The U.S. deficit, termed a worry by economists when it hit
3 percent of gross domestic product in 1999, has gone on to
reach $857 billion, or 6.5 percent of GDP, both record highs,
in 2006.


Read more at Reuters.com Bonds News