Friday, July 27, 2012

Hot News: Spain Jobless Rate Hits Record High Amid Recession, China Industrial Profits Dip For Third Month Amid Global Economic Slowdown

Latest economic data from Japan we reporting from Tokyo, Japan Core CPI -0.2% On Year In June, Core consumer prices in Japan dipped 0.2 percent on year in June, the data also announced by the Ministry of Internal Affairs and Communications said on Friday. That missed forecasts for a flat reading following the 0.1 percent contraction in May


Meanwhile, from Beijing we reporting, China Industrial Profits Dip For Third Month Amid Economic Slowdown in global market, China's industrial firms reported a decline in their profits for the third month in a row as slowing economy dampened demand, the latest figures from the National Bureau of Statistics revealed Friday

From Paris we reporting the latest economic data on French, French Consumer Confidence Deteriorates In July, French consumer sentiment deteriorated for the second straight month in July as households turned more skeptic about future economic and labor market conditions that still skeptical economic
From Madrid we reporting, Spanish Jobless Rate Hits Record High Amid Recession, The unemployment rate in Spain climbed to a new record high in the second quarter of 2012 as recession and stringent austerity measures forced firms to shed more jobs and new hopes
From Rome we reporting latest finance data, Italy's Borrowing Costs Fall On Draghi's Assurance, Italy's borrowing cost declined at its short-term bill auction on Friday after the European Central Bank chief vowed to take whatever action needed to protect euro as a single currency in 17 nation
From U.S. Economy data we reporting, U.S. Economy Grows By 1.5 Percent In Q2, More Than Expected, U.S. economic growth slowed in the second quarter of 2012, but still grew by more than most economists had predicted.
Meanwhile, According to figures released Friday by the Commerce Department, the U.S. gross domestic product grew at 1.5 percent in the second quarter. That marks a slowdown from the 2 percent growth posted for the first quarter, but a smaller contraction than most economists, who predicted just 1.2 percent growth for Q2, had expected. The first quarter data, furthermore, was revise




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