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The British Parliament will be fully investigating the scandal of the Libor

British Prime Minister David Cameron (David Cameron) said on Monday that the British Parliament will be the London inter-bank interbank offered rate (Libor) scandal and the banking industry specifications for a comprehensive survey of the preaching of the witnesses need to testify under oath. The survey undertaken jointly by the British upper and lower houses […]

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The level of U.S. manufacturing activity fell to a three-year minimum bit

U.S. manufacturing activity in the first contraction in three years, a further blow to the confidence of the people in the global economy. At present, the global economy has been the impact of European debt crisis and economic slowdown. Economists had expected only a mild deceleration of U.S. manufacturing activity, they shocked the U.S. Institute […]

U.S. hot weather may raise global food prices

A heat wave is threatening this year’s U.S. grain harvest. It extinguished the hope of the harvest, along with soaring grain prices. The United States is the world’s largest corn, soybeans, wheat exporting countries, while corn and soybean reserves are relatively low, so even if the harvest of slightly lower, will cause a chain reaction […]

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