Tertiary index in Japan increased

Note: This section contains information in English only.
Source: Forexpros

Japanese tertiary index, the leading gauge of the economic health, increased more than expected in November, according to official data. Japanese tertiary industry activity index increased by 0.6% on a seasonally adjusted basis from -0.7% in October, reported METI. Economists expected the index to increase by 0.4% in the period.

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Tue, 13 Dec 2011 09:07:57 GMT

Protests in the US against Wall-Street corporations

Hundreds of Americans expressed their protest against exorbitant profits of multinational corporations. People blocked the docks of harbors with hope to impact the income of corporations which run the ports. The demonstrations resulted in partial closure of harbors in Oregon, Washington and California states, but not in clashes.

Tue, 13 Dec 2011 17:37:40 GMT

Canada to abandon Kyoto protocol

On Monday Canada became the first nation that claimed it will quit Kyoto protocol. Peter Kent, Environment Minister made an announcement of Canada's abandonment after he returned from summit in Durban. Canada, a leading energy producer has complained extensively that Kyoto protocol does not work as it ignores too many important emitters such as India and China. 

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