China's trade surplus decreases

Note: This section contains information in English only.
Source: BBC
© Scanpix/AP

China's imports grew by 28.7% in October-much faster than 22.2 % expected by economists. Analysts claimed that increase in import does not indicate sustainability of domestic demand as manufacturers took opportunity of lower commodity prices for stock buildup. Average commodity prices decreased by 3.03% in October.

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Thu, 10 Nov 2011 16:24:42 GMT

Will resignation of Italy’s PM end debt crisis?

President of Italy announced there is no doubt that PM will resign. There will not be any delays in accepting economic reforms and election of a new government, he added.  However, analysts stressed that end of political crisis will not necessarily solve problem with debt issues. Current Italy's debt is 1.9tn euros with 7.28% cost of borrowing.

Thu, 10 Nov 2011 14:10:57 GMT

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