Consumer Confidence in U.S. Fell More Than Forecast

Dec. 27 (Bloomberg) -- Confidence among U.S. consumers declined more than forecast in December as the budget debate in Washington soured Americans’ outlook for the economy. Michael McKee reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Rosier prospects for China

Published on Dec 27, 2012

http://www.euronews.com/ Another sign of economic recovery in China to cheer the markets with the news industrial profit growth quickened to 22.5% in November, year-on-year.

It adds weight to forecasts of a strong fourth quarter, with 10% industrial output growth expected for 2012 and next year.

Leading the pack were power generation firms rising 62.9%, food processors, (16%), and telecommunications equipment makers, (11.5%).

But some sectors are still struggling, with profits at ferrous metal smelting firms tumbling 47.9 % while earnings of chemical companies fell 10.1%.

In the first 11 months of 2012, losses among oil processing, coking and nuclear fuel processing firms were more than four times larger.

Drones could save Rhinos from extinction

Published 27 December 2012 06:04

Animal conservationists in Kenya think drones could well be the answer to bringing back the Northern White Rhino from near extinction. There are only seven of these rhinos left in the world. Four of them live in a Kenyan conservancy, but the rhinos are under constant threat from poachers. Al Jazeera's Nazanine Moshiri reports from Ol Pejeta in Central Kenya.