Ahead of general elections due in 2014, the Indian federal government has given its approval to a sweeping Food Security Bill (FSB), which guarantees the ‘right to access’ of grains for more than 60% of the country’s 1.2bn population. While there is a chance that the Bill may be challenged at the voting stage –… [Read more]
After a volatile year and a seemingly robust start to 2012, Mark Schaltuper, Head of Europe Country Risk & Financial Markets, asked Business Monitor’s Commodities team what the outlook for commodities is for the remainder of the year. John Davies, Ed Coughlan and Ophelie Buchet share their views on the upside potential for the commodity… [Read more]
Monetary data out of China released over the past week have bolstered investor sentiment. Chinese CPI (consumer price index) continued to fall in December 2011, coming in at a 15-month low of 4.1% y-o-y (compared with the 6.5% high registered in June), while producer price inflation was subdued at just 1.7%. Such disinflation raises hope… [Read more]
