Thursday, March 27, 2008

March 27th, 2008

Thai FM is revising forecast for '08 growth to 5.0-6.0% from 4.5-5.5% b/c better consumer confidence and inflation.

South African inflation calls for SARB rate hikes but wouldnt address the problem as inflation isnt demand driven

Mboweni was resistant to Eskom's original request for 18% hike in tariffs, hasnt responded to 60% hike proposal

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