Gun sales in the US hit the record

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Source: Marketwatch

US gun sales hit the record, measured on the basis of background checks conducted by Federal Bureau of Investigation, reported CNN. The number of checks approached 1.5 million in November; however, the gun sales may be even higher as people who passed background check can buy more than one gun.

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Wed, 28 Dec 2011 09:33:50 GMT

ECB: record cash deposits

The ECB announced it has received a record high cash deposits from banks totaling 412bn euros. The growing interest to the deposit facility of the ECB signals the unwillingness to perform interbank lending among the EU banks amid uncertainty over the Euro Zone debt crisis. The cash deposits came from the funds lent by the ECB to the banks last week to ease financial difficulties

Wed, 28 Dec 2011 09:30:06 GMT

China's property prices have to fall by 25%

Governmental policies aimed at cooling the real estate sector have to be continued until house prices tumble by 25%, reported Agricultural Bank of China. The bank claims the prices must first fall to the level that the majority of the resident can afford and after that rise to stable level. Home price should slide by 10%-25% in large cities and by 5%-15% in the

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