- China November trade surplus narrows to $22.9 Bln.
- The U.S. Treasury sold $13 billion in 30-year bonds at a yield of 4.41% -- lower than traders expected.
- U.S household debt fell at an annual rate of 1.75% in Q3 to $13.4 trillion. U.S. household financial assets gained from 43.8 trillion dollars in Q2 to 45.7 trillion dollars in Q3, with household deposits increasing from 7.62 trillion dollars in the second quarter to 7.66 trillion dollars in the third quarter, a sign of U.S. consumers changing habit of saving more and spending less.
- U.S. wholesale inventories rose 1.9% in October
- U.S. weekly jobless claims fell 17,000 to 421,000
- An Italian court sentenced the founder of Parmalat to 18 years in prison for his role in the Italian dairy company's 2003 collapse.
- Russia, Belarus and Kazakhstan agreed to launch the Common Economic Space (CES) of the Customs Union on Jan. 1, 2012
- Over the past decade trade between the United States and India has surged by 169 per cent to reach US$38.5 billion in 2010. US exports to India have risen by almost 350% since 2000, US imports from India have risen by 107 %.
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