China's CPI growth decreased in November

Note: This section contains information in English only.
Source: China.org.cn

China's CPI, the main indicator of inflation, increased by 4.2% last month on a yearly basis easing down from 5.5% increase in October, according to the National Bureau of Statistics. The inflation in November was the 13-month low, showed NBS data. Cost of living decreased by 2.2% last month on monthly basis, the bureau added.

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Fri, 09 Dec 2011 07:05:38 GMT

Europe to increase financial support for combating with crisis

Financial resources are going to be increased in order to support members in handling the recession, said Herman van Rompuy, European Council President. The euro-area and other countries will attempt to raise additional resources for the IMF up by 200 billion euros. The EFSF will also be expanded, he added.

Fri, 09 Dec 2011 07:04:01 GMT

Australia uniforms seam coal gas regulations

Number of states in Australia has agreed on development of the uniformed law framework for rapidly-developing seam coal gas sector, said Martin Ferguson, federal Environment Minister. Ministers dealing with energy and resources have approved the proposal for creating a "national harmonized framework" for the sector and already organized the program to release these issues publicly, the minister added.

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