Public trust in government deteriorated across the world

Note: This section contains information in English only.
Source: BBC
Trust in the government deteriorated all over the world, reported the Edelman Trust Barometer. People blame government in the political and financial turmoil of 2011. Overall trust decreased by 9% attaining 43%. Meanwhile, trust in business declined to 53% from 56% over the year. The only survey participant that faced an essential increase in business trust from 61% to 71% was China.
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Mon, 23 Jan 2012 10:13:07 GMT

Australia's producer price inflation increases less than expected

Australia's PPI increased less than expected last quarter, reported the Australian Bureau of Statistics. The indicator grew by 0.3% last quarter on a seasonally adjusted basis from 0.6% in Q3. Experts predicted the PPI to add 0.4% over the period.

Mon, 23 Jan 2012 08:36:10 GMT

Spain and Italy insist on increasing ESM

Spain and Italy called for an essential increase of the rescue fund of the EU and a boost of the financial stimulus by the ECB. Mario Monti said that the ESM has to be doubled to EUR 1 trillion to improve investor confidence in the indebted states; the move was supported by Spanish foreign minister. The measure followed Angela Merkel's

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