The rebound of pork prices in China has created worries among investors fearing the impact this new sign of inflation could have on the central bank’s easy money policy. Pork prices rising 17% led to expectations that inflation will rise to 2% as food, and pork, is a major component of the CPI. Source Want China Times
Tajik President Emomali Rahmon has launched a new hydroelectric station that had been vehemently opposed for years by the late leader of neighboring Uzbekistan, Islam Karimov. Source: Radio Free Europe
At least three tankers loaded with liquefied natural gas (LNG) from Russian LNG facility Yamal have arrived in the United States recently, according to Russia’s Foreign Ministry spokeswoman Maria Zakharova. Source: Oil Price
Iraq restarted exports on Friday of Kirkuk oil, halted a year ago due to a standoff between the central government and Kurdistan’s semi-autonomous region, after a new government in Baghdad agreed a tentative deal with Erbil. Source: Reuters
