In India, they're no small potatoes
Buried in recent monthly data for wholesale prices in India, the wild gyrations of the potato tell the tale of an economy trapped in inflation by its own rigidities. Full Article
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German FinMin says will not block Basel III
BASEL, Switzerland, Sept 3 - German Finance Minister Wolfgang Schaeuble said his country would not block agreement on Basel III rules requiring banks to hold more and better-quality capital.
"We won't block it," he told an economics conference in Basel, Switzerland. "But we will push that we get sufficient time to translate the rules and that the definitions are acceptable for all."
(Reporting by Catherine Bosley; editing by Patrick Graham)
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