Monday, January 10, 2011

Quick Overview

  • China's soybean imports will likely expand 5%-10% a year over the next five years, with imports in 2011 around 54 million-55 million tons, the Chinese Grain Network said
  • Chinas exports grew 31.3% YoY to 1.58 trillion U.S. dollars while imports rose 38.7 % to 1.39 trillion U.S. dollars, said the GAC.
  • Chinas December sales of passenger cars rose 26.7% YoY to just under 1.5 million units.

  • Inflationary threats have become a 'general feature' among the world's emerging economies, Jean-Claude Trichet, European Central Bank president warns.

  • Germany signaled it may agree to expand euro zone’s €750bn rescue facility.

  • Australia's retail sales rose 0.3% in November

  • (Sea Shepherd Conservation Society) Anti-whaling activists are promising more attacks after throwing smoke grenades and "flash bangs" at Japanese whalers in the Southern Ocean today.
  • Perth Mint: Physical gold demand exceeds current availability
  • Pima County Sheriff Clarence W. Dupnik: "To inflame the public on a daily basis, 24 hours a day, seven days a week, has impact on people, especially who are unbalanced personalities to begin with" 

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