December 28, 2012 0

European PMI Retail Sales Collapse: Near-Record Drop in Italy Retail Sales; French Retail Sales Drop 9th Consecutive Month; Germany Retail Sales Back…

By News Desk

Near survey-record year-on-year fall in retail sales Rate of job losses fastest since July Business sentiment weakens to series low Summary: Italy’s retail sector remained in a steep downturn in December, with sales dropping sharply according to both monthly and yearly measures. Gross margins decreased amid a further rise in average wholesale prices, while firms cut employment and purchasing activity in line with lower sales. The month also saw business sentiment hit a record low

December 27, 2012 0

US Attempting Regime Change in Malaysia: Fact or fiction?

By News Desk

Links US Attempting Regime Change in Malaysia: Fact or fiction? ­ December 27, 2012 ( RT – Nile Bowie ) – As the South-East Asian nation of Malaysia prepares for general elections, distrust of the political opposition and accusations of foreign interference have been major talking points in the political frequencies emanating from Kuala Lumpur.­The United Malays National Organization (UMNO) leads the country’s ruling coalition, Barisan Nasional, and has maintained power since Malaysian independence in 1957. One of Malaysia’s most recognizable figures is former Prime Minister Dr