Friday, November 25, 2005

Quick Overview

  • Consumer prices in Germany were down 0.5% in November..

  • YoY Hong Kong's GDP was up 8.2% in the third quarter.

  • The European Union will cut its sugar subsidies by 36% and stop paying producers three times the world price. This is expected to be phased in over the next four years. Australia's sugar cane growers will benefit from the European Union agreeing to cut sugar subsidies, an industry spokesman said.

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