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Dec.11-Higher food prices continue to be the main driver of inflation in China, raising the likelihood of an increase in interest rates as the country tries to control its ever expanding economy. Consumer prices rose 5.1 percent for the 12 months ended Nov. 30, while food prices rose 11.7 percent during the period. Excluding food prices, China's market basket Consumer Price Index edged up only 1.9 percent.
Dec. 7- WikiLeaks founder Julian Assange handed himself over to British police Tuesday, appeared in court where he was denied bail and left for jail. A judge will now decide whether to send Assange to Sweden to face questioning over allegations he had non-consensual sexual relations with two women. He has not been charged with a crime.
Mandy Xu. More »