Japan will reward purchasers of construction bonds with gold coins

Note: This section contains information in English only.
Source: Commodityonline
© Scanpix/reuters

The sign that gold is accepted as currency and effective promotion tool is that Japanese government plans to reward purchasers of its reconstruction bonds with coins made of gold. The government will provide 15.6 gms golden coins to investors buying over 10 million yen of funds aimed at supporting rebuilding programme after the earthquake.

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Wed, 07 Dec 2011 14:22:08 GMT

Airlines will face weak demand

Airlines will face weak demand from the European market in 2012 due to turmoil across the spreading debt-crisis that may pull the industry into losses, reported the International Air Transport Association. The industry income prospects are lowered from $4 billion to $3.5. The losses can amount $8 billion being the highest since 2008 crisis.

Wed, 07 Dec 2011 14:58:11 GMT

UK Manufacturing output drops in October

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