- Chinas reserve ratios will rise a half point from April 21, the People’s Bank of China said.
- Greenspan warns of US Debt Crisis and urges end to The Bush tax cuts.
- ( ABC) Since 1992, the average federal income tax actually paid by the wealthiest 400 U.S. households has fallen from 26% to 17%.
- Spiking food price is the biggest challenge facing developing countries nowadays, World Bank Group President Robert Zoellick said.
The U.S. Department of Agriculture estimates that the combined stocks of nine edible oils will fall 25 % to 9.39 million metric tons this year, or about 23 days of demand, the fewest since 1974.
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