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Hard hitting global and local news
Sales fall for thirteenth month running in November German sales remain flat while Italy records another severe fall Rate of decline in France slows to weakest in five months Summary of November findings The Eurozone retail sector remained stuck in a sharp downturn during the penultimate month of 2012, according to Markit’s PMI® data. Sales fell for the thirteenth consecutive month, and remained well below the level seen one year earlier.
While pondering those questions and thoughts, please consider Obama Warns of Prolonged Talks as Republicans Rebuff Plan . President Barack Obama and House Speaker John Boehner stood their ground with opposing plans to avert the fiscal cliff and warned there was no quick path to a solution. Obama has proposed a framework that would raise taxes immediately on top earners and set an Aug
The New York Times in their article, " U.S. Underwrites Internet Detour Around Censors ," stated in June, 2011 that: The Obama administration is leading a global effort to deploy “shadow†Internet and mobile phone systems that dissidents can use to undermine repressive governments that seek to silence them by censoring or shutting down telecommunications networks
Read the article: Aung San Suu Kyi Silent Over Rohingya Violence, but Decries Crackdown on Anti-Chinese Protest
Output and new orders both continue to decline Capital goods producers register sharpest falls in production and sales Inventories and employment cut amid subdued economic outlook Summary: Operating conditions in the Japanese manufacturing sector continued to worsen in November. The deterioration was driven by falls in output, new orders and employment as the economic climate remained difficult. Amid an uncertain outlook, manufacturers also cut inventory levels and lowered purchasing activity.
Read more here: Corbett Report – Middle East Update