Topic “In the News News” — Exporter Magazine

The Chinese Academy of Social Sciences also forecast that inflation would remain moderate, with the consumer price index rising 3.3% next year, up a touch from an expected 3.2% this year. The proposed acquisition reportedly fell through amid hesitation by Groupon’s founders. The start-up will decide next year whether to sell shares in a float instead, a source said. The discussions could resume if both sides overcome their differences. Qatar’s successful bid to host the 2022 soccer World Cup will speed up its construction programme and boost property prices, with contractors expected to flock to the Gulf state to snap up projects worth billions of dollars, according to Trade Arabia News Service. Gulf states suffered when international food prices spiked to record levels in 2008, forcing up their import bills. They have since sought to lease and buy farmland in developing nations to improve security of food supplies. The country’s minister of economy Sultan Al Mansouri was reported saying the heads of state of the six-nation Gulf Cooperation Council (GCC) would discuss the monetary union when they hold their annual summit in Abu Dhabi on Tuesday (Dec7, 2010). Chr. Hansen’s new frozen, direct inoculation yeast — pichia kluyveri — marketed under the name Viniflora Frootzen – was developed with New Zealand academics for use in ‘fresh’ white or rosé wines, and is designed to help wineries meet consumer demand for “natural, authentic and fruitier wines”. Marlous Kuiper, the head of alcoholic drinks research at Euromonitor told BeverageDaily.com that emerging markets were less affected by the recession and those that were affected bounced back much quicker that the developed markets.