Venezuela's Maduro says 2013 annual inflation was 56.2 pct
CARACAS
- Tweet
- Share this
CARACAS Dec 30 (Reuters) - Venezuelan President Nicolas Maduro said on Monday that the country's annual inflation rate for 2013 was 56.2 percent, up from 54.3 percent at the end of October.
The central bank had said earlier on Monday that consumer prices rose 4.8 percent in November and 2.2 percent in December, but had not given an annualized rate.
Davos prepares for annual parade of powerbrokers
Participants at this year's World Economic Forum will include British Prime Minister David Cameron and Japanese Prime Minister Shinzo Abe as well as central bankers Mark Carney, Mario Draghi, Haruhiko Kuroda and U.S. Treasury Secretary Jacob Lew. The event will run from Jan 22 to 25. Full Article | Full Coverage
The Big Three are back
Reuters Managing Editor Paul Ingrassia says the mood at the Detroit Auto Show five years ago was doom and gloom as the big three automakers faced bankruptcy. But in 2014, they're back in a big way. Video
Consumers, not automakers, will be the winners of 2014
Kelley Blue Book's top auto analyst says to expect more incentives and discounts for car consumers in 2014. Video
Tesla touts sales, addresses recall
Tesla Motors announces that deliveries of its Model S sedan in the fourth quarter has blown past company forecasts. Video
Luxury auto makers sharpen global attack
Europe's luxury automakers like Mercedes and BMW are scoring high on innovation, design and fuel efficiency as they look to grab larger global market share. Video
GM's Reuss says awards sweep a boon
General Motors' President of North America Mark Reuss says that winning both 2014 North American car and truck awards is a reflection of the growth happening at GM. Video
Ford's F-150 embodiment of auto market
Reuters' Rhonda Schaffler asks Breakingviews' Antony Currie why Ford's F-150 is the hottest selling truck in the U.S. Video