The sales of the global luxury goods this year may down 10% but China will rise against the market trend
Xinhua from Brussels, on April 23rd (Xinhua Liu Li), according to “the communications in diamond industry in Antwerp,” on 23rd it is reported that cross-business strategy consulting firm Bain (Bain) issued the latest research report that impacted by the financial crisis, in the first half of the global luxury sales would slide 15 -20%percent year-on-year, all sales would drop by about 10%.
The governor of Canadian central bank said the current level of interest rates to remain until next June
Xinhua from Ottawa on April 23rd (Xinhua Zhao Qing) Carney Governor of the Bank of Canada said on 23rd, the current 0.25 percent level of benchmark interest rates would be remained in effect until June next year. Carney said low interest rates enough to help the Canadian economy out of its predicament. However, if necessary, the central bank will take another two non-conventional measures to help stimulate the economy: first, by printing money to buy government bonds or corporate bonds; second, at a discount price to buy non-performing assets of companies.
A food company in the United States recalled the contaminated vegetables in emergency
Xinhua from Los Angeles, on April 23rd (Xinhua Gao Yuan) located in Los Angeles of California on 23rd Calco announced an emergency recall of a number of purple alfalfa which the company sold, because these vegetables might be contaminated by salmonella. The company said in a statement that, in routine inspection of alfalfa Medicago detected salmonella, out of consideration in the health of consumers, the company “voluntarily” recalled the suspected contaminated alfalfa Medicago.
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