(Reuters) – China on Friday raised required reserves to a record 19.5 percent,

* Gbagbo announces nationalisation of banks after run

By Agency Reporter Friday, 18 Feb 2011 LONDON: Prices are set to rise sharply in coming months and inflation could even top six per cent in the short-term, the Bank of England has warned. However, Governor Mervyn King stressed that the Bank had an “iron clad” commitment to keeping any rise […]