UK CPI results lower than anticipated

Tuesday, 12 April 2011 02:36

UK CPI was realaed this morning with lower results than expected by 50%. The prediction was 0.6% while only 0.3% was given. This pushes a fall in infaltion for the first time since July 2010.

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UK Retail Sales Fall

Tuesday, 12 April 2011 12:22

UK retail sales dropped by a record in March, placing more pressure on the Bank of England to raise interest rates from a record low. The pound fell against the dollar and the euro off the back of these numbers.

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Japan nuclear tragedy reaches highest level.

Tuesday, 12 April 2011 10:24

Japan’s nuclear disaster is looking in the level of danger close to the disaster in Chernobyl some 25 years ago, one of the world’s worse nuclear disasters. Danger has sparked to level 7, meaning that it’s hazzardous to the enviroment and health. Since Tokyo afternoon yesterday, 11/04, Japan has been struck by several earthquakes yet again..

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China’s government lose control of inflation

Tuesday, 12 April 2011 09:36

China’s decision to keep its currency weak has potentially caused the government to lose control of inflation and risks fuelling wage-price gains as well of course as the ongoing issues with trading partners.

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The IMF economic report came out today with mixed reviews

Monday, 11 April 2011 08:27

The IMF economic report came out today with mixed reviews, emerging countries like China still expanding rapidly as advanced economies like the United States are grwoing very slowly.

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