Friday, September 09, 2011

Quick Overview

  • Germany Said to Ready Plan to Help Banks If Greece Defaults. The resignation of a key official from the European Central Bank was the latest sign of deepening disagreement over how to solve Europe' economic problems.

  • Canada's economy shed jobs for the first time in five months as the country's unemployment rate rose to 7.3% from 7.2% in July.

  • YoY France budget deficit narrowed to 86.6 billion Euros (119.51 billion U.S. dollars) from 93.1 billion Euros (128.49 billion U.S. dollars)

  • China's industrial value-added output is expected to grow 13.5% YoY
  • China's inflation eased to 6.2% in August

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