Tags: riots
Trouble in Egypt
November 24th, 2011
in econ_news
Nestle Chief Warns of Food Riots
October 8th, 2011
in Background, econ_news
Econintersect: Peter Brabeck-Letmathe Chairman of Nestle has sounded an alarm bell on food riots. "The situation is similar (to 2008). This has become the new reality," the Swiss giant's chairman Peter Brabeck-Letmathe told the Salzburger Nachrichten da… more »
Europe on the Brink
September 12th, 2011
in econ_news
Econintersect: Greek interest rates soared last week to tie the steepest climb in history. The 10-year Greek bond closed the week with a yield of 20.55%, a rise of 2.27% in seven days. This tied the one week record rise set just two weeks ago. The we… more »
China: Growth Great but Inflation Bad
June 14th, 2011
in econ_news
Econintersect: Growth in a couple of key economic measurements should have been big news, but inflation completely stole the day for China. May industrial value added output (+13.3% YoY) and retail sales of consumer goods (+16.9% YoY) were both well above expectations. But inflation rose to the highest levels in nearly three years. CPI hit 5.5% and PPI rose 6.8% . The inflation rate has exceeded the government's 4% target for each of the first five months of 2011. more »
Unrest in Libya
February 16th, 2011
in Background, econ_news
Protests, accompanied by violence, erupted in Benghazi, Libya's second largest city overnight Tuesday into Wednesday (January 15-16). more »
