UK's Prime Minister Insists on New Measures to Stimulate the Economic Growth

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Source: Bloomberg
UK experiences 0.3% economic downturn in the beginning of this year instead of predicted 0.2%. Cameron's opponents insist that it is due to false economic policies: too high austerity, and false decisions to invest in private sector. IMF report showed that government budget deficit was 8% instead of planned lower than 6%. UK's 10-year gilt yield yesterday was 1.738 percent compared to 6.1 and 5.5 in Spain and Italy, it is due to the fact that investors look for safe places to invest.
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Fri, 25 May 2012 19:36:52 GMT

Wheat dropped despite global supply concerns

Agricultural commodities balanced between global demand concerns and potential supply cuts. Broadly stronger US Dollar also weighed on the commodity pack.Wheat extended previous losses despite speculation that droughts in the US, Russia and Australia are likely to impact the crops.Corn was sharply lower as cooling China's economy and turmoil in the Euro Zone added to worries about fall of the

Fri, 25 May 2012 13:40:50 GMT

China filed a complaint against the USA to WTO

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