Fears seemed to be running high over the UK economy as the factory production in June recorded a surprise fall. The trade gap of UK has also widened to a great extent and as these results came out, London stock market started moving further downwards.
Thursday saw dire efforts to find the missing Malaysian Airlines jet, which suddenly got lost two weeks back with 239 passengers in it. Aircraft and ships searched as best as they can to trace any kind of floating objects in the ocean.
The mortgage rates have touched lowest since 1971 in this week in the USA. For a thirty years fixed mortgage, the rate has dropped down to 4.12%. This was the best time for the Americans to buy their home as with such low rate of mortgage, they could have saved thousands of dollars every year.
