Friday, November 28, 2008

Quick Overview

  • Euro area unemployment rate rose from 7.6% to 7.7% in October, the highest in two years.

  • YoY Japan’s consumer prices rose 1.7% in October
    Japan’s industrial production fell 3.1%
    Japans’ household spending fell 3.8% in October.
    Japan’s unemployment rate improved from 4.0% to 3.7% in October

  • NEW YORK (Reuters) - A man working for Wal-Mart was killed on Friday when a throng of shoppers surged into a Long Island, New York, store and physically broke down the doors, a police spokesman said.

  • MOSCOW (Reuters) - Russia's military said on Friday it had intensified efforts to develop new ballistic missiles in response to U.S. plans to deploy an anti-missile system in Europe and Russia's navy test fired a new generation rocket.

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