Tuesday, June 16, 2009

Quick Overview

  • U.S. housing starts rose 17.2% MoM.

  • U.S. industrial production fell1.1% in May

  • YoY Consumer prices in the Euro area rose 0.7% in May

  • YoY U.K. consumer prices rose 2.2% in May

  • Canada’s productivity rose 0.3% in Q1

  • The real cost of living for British families has fallen by 10% since this time last year according to figures compiled for The Telegraph.

  • (Spiegel) A German-led consortium wants to fund an international solar-energy plan to the tune of €400 billion. The idea is to gather solar heat in North Africa and send the electricity to Europe. If it works, it would be the largest green-energy project in the world.

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