U.K. unemployment declines to lowest since 2009

Note: This section contains information in English only.
Source: Bloomberg
The unemployment rate in the United Kingdom unexpectedly decreased in October of this year, reaching 7.4%, the lowest in more than four years. At the same time, analysts expected no change in the jobless rate from 7.6% in September. Now, economists predict that the Bank of England may raise the main interest rate earlier, namely in 2014, as the current key jobless rate for doing it is 7%.
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Wed, 18 Dec 2013 14:45:03 GMT

Rio Tinto to lose money on declining iron ore price

Rio Tinto Group, a multinational mining company, announced on Wednesday that it is expects the iron ore price to decrease slightly the next year. This year, the iron ore price surged 22%. Sales of this material make the biggest part of company's revenue and the company may lose a part of it the next year. Today, Rio Tinto Group Plc.

Wed, 18 Dec 2013 10:10:04 GMT

Brent rises as Fed may reduce monthly bond purchases to $45 billion

European benchmark Brent crude slightly gained on Wednesday trading session after a report unveiled that inventories in the world's largest oil consumer, U.S. dropped last week by 481,000 barrels and as Fed is forecast to reduce its bond-purchases to $45 billion per month. Brent for delivery in February added 0.1% to $108.59 per barrel on the London's ICE Futures Europe

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