Main stories in ABC's World Today

AAP General News (Australia)
12-05-2007
Main stories in ABC's World Today

SYDNEY, Dec 5 AAP - Main stories in ABC's World Today:

* Global financial turmoil has stopped interest rates rising once again. In a break
from tradition, the Reserve Bank has released a statement explaining its decision.

* Not only did the bank release an explanation, it has also decided to make minutes
of its meetings more public and change the way it communicates with the financial markets.

* Retailers are expecting a strong Christmas season and are reporting strong sales
across many sectors. Expensive electronic gadgets are proving very popular this year.

AAP sg/hn/

KEYWORD: MONITOR WORLD TODAY

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