Russia GDP Growth Rate

The World Bank has lowered its forecast for Russia's 2012 GDP growth to 3.5 percent from the previously projected 3.8 percent, the bank reported Monday.

The economic growth forecast for 2013 was also downgraded from 4.2 percent to 3.6 percent.

The World Bank's adjusted GDP growth outlook for 2012 coincided with the Russian government's forecast, but proved to be more pessimistic for 2013 than the 3.7 percent projected by the Russian Economic Development Ministry.

In 2011, the Russian economy grew by 4.3 percent.

"Despite a modest rise in oil prices, we project growth in Russia to decline from 4.3 percent in 2011 to 3.5 percent in 2012, and stay at 3.6 percent in 2013. The revision reflects the poor agricultural harvest and a weaker-than-expected global environment," the report said.

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Detonators in Hebei, China

The death toll has risen to eight after Saturday's explosion triggered by detonators illegally manufactured and stored at a residential building in north China's Hebei Province, local authorities said Monday. Five more bodies were retrieved while rescuers were clearing the debris in the city of Baoding, the city government said in a statement late Monday. Another 27 people are still under treatment in hospital, it added. Two suspects, a 38-year-old man surnamed Ge and his 42-year-old girlfriend, turned themselves in to police Monday noon in the eastern province of Anhui. Ge and two relatives started producing detonators in 2009. Due to poor sales, the three stored unsold detonators at a house of the six-storey building in Dongwuyao Village. The explosion that occurred Saturday afternoon toppled part of the building and also shattered the glass windows of buildings 200 meters away.

Buried Treasures in Bohol Philippines

Written by Joe Espiritu Four persons died in a treasure hunting accident last week. They died for nothing. Many had lost their shirts in the venture, the propensity for Filipinos to get rich quick attribute to the treasure hunting mania. The sad part is that only the ignorant venture on the search, those in the know, being sure that nothing will come out of the effort would not think of investing money, time and effort – this time lives – in a fruitless enterprise. There had been stories of people getting rich uncovering treasure troves in unlikely places. Most stories are false. Ancient graves of archeological and anthropological value had been desecrated by treasure hunters. They had found nothing. Those people may have struck it rich but not from some hidden riches. Contrary to what other people say, there are no buried treasures in Bohol . If there had been, they were unearthed years ago. If one ...

Fast Website Speed Affects Google Search Ranking

Over the course of 2009, a consistent theme that Google has been involved with is that of speed. In announcement after announcement, Google has talked about the importance of speed on the web, and how the company wants to do everything it can to make the web a faster place. Has it occurred to you that how fast your page loads may have a direct effect on how your site ranks in Google? Don't worry, it hasn't had an impact...yet. In an interview with WebProNews , Google's Matt Cutts told us that speed may soon be a ranking factor. "Historically, we haven't had to use it in our search rankings, but a lot of people within Google think that the web should be fast," says Cutts. "It should be a good experience, and so it's sort of fair to say that if you're a fast site, maybe you should get a little bit of a bonus. If you really have an awfully slow site, then maybe users don't want that as much." "I think a lot of people in 2010 are g...

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