- The global economy continues to grow briskly but the risks of an economic downturn have increased since April, the head of the International Monetary Fund Rodrigo Rato said on Friday.
- The USDA said that U.S. 2005-2006 exports of:
Corn finished the year up 20% YoY.
Soybeans finished the year down 15% YoY.
- Canada's unemployment rate increased from 6.4% to 6.5% in August,
- The Conference Board's index of leading indicators for Japan showed a decline of 0.5% in July to 101.1. The Bank of Japan kept its interest rate unchanged at 0.25%.
- SHANGHAI China on Friday launched its first financial derivatives exchange.
- Top oil exporter Saudi Arabia and fellow OPEC producers signaled on Saturday they would keep output near a 25-year high for now, satisfied the policy is easing pressure on consumer economies.
- Czech economic growth slowed to 6.2% in second quarter Gross Domestic Product grew by 6.1 in the second quarter of 2005 and by 6.1 percent during the year.
- South Korea yesterday lifted its ban on US beef imposed in 2003 because of fears of mad cow disease.
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