Homebuilder Confidence Rises on Lower Rates; Farmers Protest EU Policies; World Bank Funds Egypt
• U.S. homebuilder confidence rose to highest level since July due to lower mortgage rates and improved pricing • Japanese bank Bank of Kyoto training staff for return to positive interest rates after 8 years of negative rates • Polish farmers blocked key highway near German border to protest food imports from Ukraine and EU climate initiatives • Telecom CEOs tell Canadian MPs phone and internet prices are coming down due to increased data usage and spectrum costs • World Bank to provide Egypt over $6 billion in aid, boosting Egypt's global bailout to over $50 billion