Sunday, January 20, 2013


  • Germany showed a paltry growth of just 0.7%.
  • German consumer prices rose by 2.1% in December

  • Eurozone inflation rose by 2.2% in December

  • (Bloomberg) Housing starts in the U.S. climbed 12.1 percent last month to a 954,000 annual rate, exceeding all forecasts in a Bloomberg survey of economists

  • (Spiegel) Young Europeans in countries hit hardest by the Continent's economic crisis are finding it difficult to move out of their parents' home. Data shows that over 50% of those aged 25 to 34 in some countries have yet to move out.

  • Pakistan Tumbles into Chaos again. A self-proclaimed revolutionary is attracting mass protests, while the highest court has ordered the prime minister's arrest and the military waits in the wings.

  • The Koch brothers are urging Republican/Tea to show restraint during US debt ceiling negotiations, representing quite a shift in position by the extreme right Americans for Prosperity.

  • World Bank estimates global economic growth rate at 2.4% in 2013.

  • Spanish inflation rate rose by 2.9 % in 2012

  • Global containership capacity grew 6% to 16.3 TEU million in 2012

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