Thursday, June 11, 2009

Quick Overview

  • U.S. retail sales rose 0.5% in May, the first gain in three months -- much of the gain was due to higher gas prices.

  • U.S. jobless claims fell 24,000 last week to 601,000.

  • China’s copper imports rose 6% in May

  • China’s urban fixed-asset investment (building railways, oil pipelines, low cost housing) rose 32.9%.

  • Boeing projects a market for 29,000 new commercial airplanes valued at $3.2 trillion over next 20 years. They project strong global demand, more efficient commercial airplanes in response to high fuel prices, aging fleets and environmental concerns.

  • (Spiegel) The Schönbrunn Zoo in Vienna has launched an art installation that puts its animal’s side-by-side with symbols of humanity's trashing of the environment -- including abandoned cars, rusty bathtubs and toxic waste.

  • (Bloomberg) -- Swine flu, causing mostly mild disease outbreaks on four continents, prompted the World Health Organization to declare the first influenza pandemic since 1968

1 comment:

lowly said...

"(Spiegel) The Schönbrunn Zoo in Vienna has launched an art installation that puts its animal’s side-by-side with symbols of humanity's trashing of the environment -- including abandoned cars, rusty bathtubs and toxic waste."

eh, what?! relevance?