A look at economic developments around the world (AP)

A look at economic developments and activity in major stock markets of the world Tuesday:

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Vienna - Mideast unrest, a weak global economy and divisions on whether to increase gross production promise to OPEC this week meeting one of the most volatile in recent history.

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ROME - food world prices fell slightly in may, but they will remain "at stubbornly high levels" for the coming months, a United Nations agency said.

The Food and Agriculture Organization said high and volatile prices can wait for the rest of this year and in 2012, citing a decline in stocks of food and modest production increases for most crops.

Food prices fell by 1% in may from the previous month, but are still 37 per cent above may 2010, according to a price index. The index had reached a record high in February, raising fears of a repeat of the 2007-2008 food crisis, when high prices have led to violence and political tensions in many regions of the world.

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Brussels - Sales at retail in euro 17 countries have increased by more than expected in April despite concerns about the debt crisis and the first interest rate rise the European Central Bank in nearly three years.

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Brussels - The European Union, said the plans by 27 States members of the bloc to reduce budget deficits and to stimulate their economies in the following year are often too vague and not ambitious enough.

Executive Board of the European Union published its first assessment of the planned budgets of States and economic reforms, an annual exercise presented following the financial crisis which has made European economies.

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LONDON - In Europe, Germany of DAX closed 0.3 per cent higher, the CAC 40 in France was 0.2 percent higher and the FTSE 100 index leading British shares ended up less than 0.1%.

Earlier in Asia, the closed Japanese Nikkei 225 0.7 percent, index ABN of the Korea of the South slipped 0.7%, Hang Seng Hong Kong index lost 0.4% while mainland China shares gained 0.6% as investors kept on the alignment of the bargains after recent liquidation.

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Athens, Greece - country Europeans must decide how connect the Greece potential gaps in funding next year until the Monetary Fund International may release its next batch of loans, an emissary of the IMF said, as the economy of the country who have difficulties Minister were of criticism from members of the party over new planned austerity measures.

Representative principal Bob Traa said EU leaders had "hard to crack nuts" at a Summit of the European Union at the end of June - accepting additional if necessary rescue support - before the IMF would release its share of a euro12 billion ($18 billion) July opus, which is due for rescue the European billion last year.

The initial rescue loan agreement had predicted that the Greece would be able to borrow on the markets of the part of its next year's financing needs, but the average of the high interest rates which is very likely. Accordingly, it is expected that the Greece will be need for additional assistance beyond the current set of rescue loans.

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SHANGHAI - Foreign manufacturers see mixed trends sales in China as a largest market worldwide for new vehicles cools after years of unbridled growth.

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Brussels - Wholesale of fruit and vegetable producers Spain, Italy and France with anger asked compensation for farmers who have been deceived by considerable losses in the initiation of e. coli, forcing the head of the EU farm to increase its offers of assistance.

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HONG KONG - Italian fashion house Prada SpA plans to increase to $ 2.6 billion in a listing on the stock exchange of Hong Kong, according to a person familiar with the deal, to join other foreign companies flocking to cash in on the growing fortunes of China.

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Lisbon, Portugal - Portugal, the authorities are trying to speed up bureaucratic procedures so that the new centre-right Government can get to work on the fight against the crisis of the country's ruinous debt.

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Macau - Asia will be home to the two largest casino markets worldwide at the beginning of this year, with all Singapore to take the n ° 2 place in Las Vegas, an American game industry group said.

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NEW DELHI - Minister of Finance of the India, said that the Director General of the Monetary Fund International must be chosen on merit and not nationality, as the Minister French of finance Christine Lagarde went to New Delhi on a canvas for the work.

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LONDON - that the major airports in Britain, most of its public services, the chain of pharmacy top of the page and creator of the nation's favourite chocolate bar have in common? All are owned by foreign companies. But resumed controversial last year by Kraft Foods Inc. of 195-year-old creator of the bar of Dairy Milk, Cadbury PLC, was a nationalist sentiment and prompted the Government to take into account several protectionist laws.

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REYKJAVIK, Iceland - former Prime Minister Geir Haarde Iceland is due in court to be formally charged for his role in the nation Bank collapse.

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WASHINGTON - The U.S. called for China to reveal all of its programs as Beijing Government funding back in a trade dispute between the two major economies of the world on clean energy technology.

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LIMA, Peru - President-elect of the Associates of Peru new leftist are doing their best to soothe investor fears after the stock market plunged on concerns that it will be hostile to private enterprise.

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Manila, Philippines - the Inflation in the Philippines increased 4.5 percent as the price of clothing, fuel and public services have increased.

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Havana, Cuba and China signed a series of economic agreements that include the extension of an oil refinery in Cienfuegos.

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