Saturday, July 6, 2013
President Obama ordered the better team coordination with authorities. Continued after the plane crash at San Francisco.
President Barack Obama has ordered the U.S. team to work with staff at all levels in the area of San Francisco. After a plane crash on Saturday U.S. time ago.
White House statement said. U.S. president reported the incident to Asiana Airlines with 291 passengers crashed at San Francisco then. And will report on progress to the information.
Statement also stated. President of gratitude to those who can help. And ordered his team prepared to liaise with staff at all.
The Boeing 777 airlines Asiana Airlines, departing from Seoul, South Korea and West International Airport San Francisco. 2 found dead.
South Korea - North Korea agreed to open a business survey on industrial estate factory glass envelope.
North and South Korea to reach an agreement regarding the exploration into the factories located in industrial glass envelope is. In talks held today.
Xinhua News Agency reported. Of the terms that have been agreed to in the morning. South Korea, the business can determine its own factory at the industrial estate in the coming Wednesday.
North and South Korea agreed to the settlement include envelopes. The pack, which is located in the DPRK again. And is managed jointly negotiated the settlement on July 10 to discuss the process to return to normal as the settlement prevented the closing settlement without the consent of both. the other two sides.
However, the two sides also agreed to Korean businessmen began to explore plant settlement on July 10 to examine and repair the damage during the rainy season.
South Korean companies have been approved to assemble finished products and materials out of the settlement. North Korea will guarantee the safety of its staff and vehicles traveling to and from the settlement.
Asiana Airlines accident aircraft crashed at San Francisco. 2 found dead.
Scene the Boeing 777 airlines Asiana Airlines, departing from Seoul, South Korea, crashed at San Francisco International Airport. 2 found dead.
Xinhua News Agency reported. 82 injured passengers were transported to the hospital then. But the other 60 passengers on the unknown fate.
FBI officials said. Information of news No indication that Plane crash was related to terrorism.
U.S. green light for takeover Softbank, Sprint Nextel's.
U.S. green light for takeover Softbank, Sprint Nextel's.
U.S. Federal Communications Commission (FCC) approved the company Softbank Corp., Japan's largest telecommunication service provider. Acquisition of Sprint Nextel Corp., the provider of the third largest wireless network in the U.S. with a value of 2.16 billion dollars.
The FCC also approved for Sprint to acquire all the remaining shares in the hands of the Clear Wireless Corp., a provider of wireless networks in the U.S. with a value of $ 3.7 billion. Resulting in Sprint holding a full 100% Clear Wire.
Mick Byrne lying loose women of the FCC acting chairman, said: "After careful consideration. Of the Commission. That the merger between Softbank Sprint and Clear Wire. Will benefit the public. It will cause more competition in the mobile market. Make customers more options. Innovations are more modern in falling prices. "
The FCC's decision to allow Softbank to 78% stake in Sprint and Japanese companies in the U.S. telecommunications market and the opportunity to compete with other American company. The AT & T and Verizon FIOS.
Friday, July 5, 2013
U.S. employment figures for June. York. Increased 195,000 higher than expected.
U.S. Department of Labor's monthly employment numbers including agriculture. York. Increased by 195,000, while the unemployment rate remained unchanged at 7.6%.
U.S. employment figures in the past month rose more than analysts anticipated to grow at a position 165,000 after increasing 175,000 positions in May. York.
The employment figures increased with the recovery of the current real estate market that many expected. U.S. economic growth will be driven to be better. Even with the increase in payroll taxes and government spending cuts begin.
Dollar against the euro, yen Respond to the U.S. employment rose less than expected.
Appreciation of the U.S. dollar, reaching the highest level in three years, the U.S. response to disclose employment numbers rose more than expected in June. York. Which prompted many to speculate that the U.S. Federal Reserve (Fed) stimulus money will start to slow down.
After the U.S. reported that employment did not last long. Dollar appreciated 0.7% against the euro to $ 1.2831 per euro and touched the risen 0.8% against the yen at 100.88 yen.
The dollar soared to its highest level since 2553 after the U.S. Department of Labor's employment numbers. Period, including the agricultural sector. York. Position that increased 195,000, while the unemployment rate remained unchanged at 7.6%.
The U.S. employment numbers in the past month rose more than analysts anticipated to grow at a position 165,000 after increasing 175,000 positions in May. York.
Thursday, July 4, 2013
Mr. Mario Daraki President of the European Central Bank (ECB) will continue to the next low interest policy ...
Mr. Mario Daraki President of the European Central Bank (ECB) stated that the Bank's policy Board expects interest rates to remain at current levels or lower levels with this soon, which is considered to be the most obvious signal till now about the level of official interest rate and future aims of e c b.
Mr. Indra nor the subjects after the Conference is finished, the meeting of the ECB's Policy Committee accreditation July today, which is to deny the possibility for more interest and open the way for a reduction of interest rates down again in the near future.
President of the ECB is not mentioned in the new policy statement today. After you have ever disclosure earlier that the ECB will continue to release weekly loans to commercial banks as much as possible. At least until the middle of next year.
For this reason, the Bank decided to keep interest rates at a meeting today. Mr Bush said there are no Dragon kira or almost no change in the view of the Bank regarding the economic prospects of the Eurozone inflation. He said the Bank's forecast is the same as in a meeting last month that the economy should be stable and recovering during this year, although it is going slowly.
Ratings agency Fitch cut ratings, reliability of Cyprus into the level of delinquent in a limited.
Ratings agency Fitch retting reduced rate the reliability of long-term domestic currency of Cyprus. Down to the level of "delinquent in limited circles" (restricted default) After the Government of Cyprus has completed the legal bond redemption.
Recently, International Monetary Fund (IMF) has approved the first installment of the grant as part of Cyprus. The Board of management of the Ma fadai approved 3-year term loan under a project Loan Fund (EFF) extension for Cyprus as the Special Drawing Rights worth 891 million (SDR), or about 1.33 billion dollars. To support the economic restructuring plans of Cyprus
IMF Specified in the statement that such approval will make it possible to withdraw cash in the amount of SDR 74.25 million immediately or c. 110.7 million dollars.
EFF credit as part of measures to help global financial cooperation with European integration limit 1.0 thousand million euros (1.29 million dollars thousand) agreed in March last year.
This is. Approval of the grant of an MA fami after Cyprus received a loan two billion euro rescue from the European stabilization mechanism to preserve funds. (ESM), which is part of the aid limit 1.0 thousand million euros.
Tuesday, May 14, 2013
Asia Gold: gold contract settled. After a heavy fall yesterday.
Asia Gold: gold contract settled. After a heavy fall yesterday.
Gold futures traded flat in the Asian markets this morning. Dropped after the fourth consecutive day today due to appreciation of the U.S. dollar and the rise of the New York Stock Exchange. Has prompted investors to sell gold Traction and prices plummeted, reaching the lowest level in almost three weeks yesterday.
At approximately 11:30 pm in Thailand Gold contract for June delivery. York. COMEX market remained stable at USD 1,424 / oz.
The trading in the gold market to Asian slowdown. Due to investors concerns about a slowdown in the Chinese economy by Merrill Lynch cut its forecast of GDP for China to come at 7.6% from 8%, while Bank of America reduced expectations Kyi.Chinese GDP down as well. Foreign demand weakened.
Movement of Money, New York: Dall said the Fed's current bond buying program delay.
Movement of Money, New York: Dall said the Fed's current bond buying program delay.
U.S. dollar continued strengthening against all major currencies. In trading on the New York Stock Exchange last night (May 14) was driven by strong U.S. retail sales report. And current expectation that the U.S. Federal Reserve (Fed) may delay the purchase of government bonds.
The U.S. dollar rose against the yen at 102.3 yen from 101.93 yen on Monday and appreciation of the franc, compared to 0.9658 Swiss francs from 0.9585 francs.
The euro fell to a level of 1.2937 dollars from 1.2970 dollars United get the pounds down, reaching 1.5221 dollars from 1.5290 dollars the Australian dollar fell, reaching 0.9878 dollars from 0.9953 dollars.
U.S. dollar strengthened after the Commerce Department said. April retail sales. York. Increase of 0.1%, which analysts predict that number will fall due in March. York. By retail sales in April. York. Increasing the expected show that consumers are spending more. Which signaled confidence about economic recovery.
The dollar also received a boost after the Wall Street Journal. Journal identified. U.S. Federal Reserve (Fed) has defined strategies to gradually reduce the size of project bonds. By the Federal Reserve Board are discussing the time frame for the project is delayed.
Current news that has more weight on the foot, Charles Prosser, President Philadelphia, Philadelphia Fed branch. Insist that their own ideas. Considering labor market conditions now. Fed should start buying the bonds as soon as possible in meeting the Monetary Policy Committee (FOMC), which is next scheduled to be held on 18-19 June, he expects the U.S. unemployment rate will remain. approximately 7% by the end of this year. If nothing makes this forecast error. He was expecting. Fed to end bond purchase program by the end of this year.
The yen fell hard against the dollar. Since the Bank of Japan (b. Ojeda) decided to go ahead with the purchase of government bonds worth 1.4 billion dollars. The goal is to drive as much as 2% inflation and deflation at persuading tissues extracted for over 20 years.
Investors eye U.S. Department of Labor will release the Consumer Price Index (CPI) in April. York., On Thursday at 19:30 pm Thailand time analysts predicted that the general CPI index is down 0.2% and the expected index CPI. basis, which excludes food and energy, increased 0.2% in April. York.
U.S. small business confidence rose. But the overall trend is still disappointing.
U.S. small business confidence rose. But the overall trend is still disappointing.
National Federation of Independent Business, the U.S. (NFIB) reports that confidence among U.S. small businesses, rose slightly to its highest level in six months in April. York. After a decline in the previous month. But overall. Small businesses are still wary of doing business.
NFIB Index revealed that a positive view of small businesses increased 2.6 points to 92.1 from 89.5 in March. York., Which was the largest increase since October. Was 0.2553. Volatility index between 86.5 to 94.5 since the recession ended in June.'s 0.2552. Four components of the index improved in 10 months ago. The ratio of small business owners expect sales to increase, then rose 8 points to reach 4% in April. York. While the proportion of small business owners who believe that business conditions are improving. in the next six months rose 13 points, to 15% in the proportion of small business owners planning to increase employment will increase as well.
At the same time Forecasts the credit and capital spending plans fell.
However, even the Index April. York. Rebounded from a decline of 1.3 points in March. York. But the NFIB is the month that another disappointing month for the small business bill by Michael Burke. NFIB's chief economist, said in a statement. Confidence of small business owners still recovering substandard.
The small business sector. Representing 99% of all companies in the U.S.. Is the driving force of the U.S. economy. And employ half of the labor force in the country.
Positive after the stock market closed weak today.
Positive after the stock market closed weak today.
Dow NYSE market rebounded slightly today, down from Monday. Investors return to buy again. After positive economic data helped offset concerns about the possibility that U.S. Federal Reserve (Fed) may reduce the size of project bonds sooner than anticipated.
Shortly after the market opened. The Dow rose 14.60 points or 0.10% to 15,106.28 points, S & P 500 Index added 3.40 points, or 0.21% to 1637.17 points and the Nasdaq composite index rose 31.06 points or 0.18% to 3445.10 points.
U.S. Department of Labor said today. Import prices fell 0.5% in April. York. Months have c. Decreased 0.2% due to lower fuel costs. For the latest information indicates that inflation in the U.S. remains at a level that can be controlled.
The cost of petroleum imports in April. York. Down 1.9% from the previous month, and down 9.5% from a year ago.
Export prices fell 0.7% in April. York., After declining 0.5% in March. York. Export prices of agricultural products fell by 2.2%, while export prices fell 0.5% in agriculture.
Meanwhile, the U.S. National Federation of Independent Business (NFIB) reports that confidence among U.S. small businesses rose 2.6 points, after dropping 1.3 points in the previous month.
NFIB Index revealed that a positive view of small businesses increased to 92.1 from 89.5 in March. York., Which was the largest increase since October. Was 0.2553. Index of April. York. Better than the market expected to grow to 90.5 level.
The company news. Black Berry shares plus 1.10% to 16.06 dollars after the company kicked off its annual "BlackBerry Live" which will be held for 3 days to test BlackBerry 10.
Shares of electric car maker Tesla Motors 6.26% to 93.29 dollars ahead of the company's shares have risen approximately 67% since it reported earnings for the quarter 1/2556 after the market closes on May 8
Horizon Equity Web Communications Co., Ltd. declined 0.10% to 52.50 dollars, while Vodafone shares fell 29.32% to 01.15 dollars.
It is reported that Verizon FIOS. Communications Co. Inc. and Vodafone Group PLC, the parent company of West Horizon Wireless will receive $ 7 billion from Horizon Wireless months. June.
EU commissioner calls for the next step in the establishment of the Union Bank.
EU commissioner calls for the next step in the establishment of the Union Bank.
Olly Mr Rehman, Member, Committee on Economic and Monetary Affairs of the European Union (EU) called for the EU to take steps for the establishment of the Union Bank.
"I believe that our work in the establishment of the Union of the Bank's mission to be one of the most important in Europe in the months and years ahead. Foundation for growth and employment, "Mr Rehman said after euro zone finance ministers meeting Kasr.
"The restoration of the financial sector, not just to finance banks. But involves lending to bolster investment. With the need for job creation and sustained recovery, "said Mr Rehman.
However, Germany has called for caution. As Mr. Wolfgang Choi Global Finance Minister of Germany in the Financial Times newspaper. Times yesterday that the agency established to rescue the banking sector together to change the EU treaty.
"We should not make promises we can not keep up," Mr. Choi said Peebles. By stating that the cooperation between the different national approaches are possible prior to achieving all the criteria for the establishment of the Union Bank.
Mr. Rehman argued that funds and mechanisms to solve the banking sector together will be implemented within the framework of current legislation. And the legal experts were looking for a clear answer for this issue.
Mexico ranks third largest crude oil exporter to the U.S..
Mexico ranks third largest crude oil exporter to the U.S..
The U.S. government said. Mexico's crude oil exports to the United States is the third largest. Behind Canada and Saudi Arabia.
A report from the U.S. Government's Energy Information Agency (EIA) indicate that energy turnover between Mexico and the United States reached 6.5 billion in 2555, representing 13% of total trade value of 4.94 billion in the two countries.
Crude oil and petroleum products accounted for nearly all of the energy trade between the two countries. Crude from Mexico accounted for 11.4% of total U.S. crude oil imports.
U.S. crude oil refinery in the high-density imported from Mexico a lot. And exporter of oil is less dense than gasoline and diesel as back to Mexico.
Mexico is the ninth-largest oil exporter in the world in the year 2555 and is the third largest exporter of oil to the Western Hemisphere. Xinhua News Agency reported
Monday, May 13, 2013
Tap the center of the frame, the dollar fell from 101 yen for a profit.
Tap the center of the frame, the dollar fell from 101 yen for a profit.
Dollar dropped in the middle of 101 yen on the Tokyo this morning. Because I do not sell the dollar soared on this because it has been driven by rising U.S. retail sales stronger than expected.
Today at noon Tokyo time. Dollar trading at. 101.57 to 101.59. Yen, compared with 101.77 to 101.87. The New York market and 101.62 to 101.63. At 17.00 yen on the Tokyo market yesterday.
Euro trading at. 1.3014 to 1.3018 dollars and 132.20 to 132.22. Yen, compared with 1.2970 to 1.2980 dollars and 132.05 to 132.15. New York and the yen. 1.2962 to 1.2963 dollars and 131.72 to 132.76. Yen in the Tokyo market yesterday afternoon.
Dollar rose on the New York night. U.S. retail sales increased due to stronger than expected helped ease concerns about a slowdown of the national economy. Which is the largest in the world.
But even dropped. Dollar is still the highest in four years, seven months later 102 yen / dollar to make the day before. The finance ministers of the G-7 countries have reacted to let the yen fell to a two-day conference Saturday to the past.
Samuel Yuji Ito, director of foreign exchange at Credit Suisse President Agri Cole Corporate and Citi jobs in Tokyo said. "While the United States is likely to abandon the use of monetary policy. Japan to progress in the policy. It is common that the yen weakened against the dollar, "along with that. U.S. economic indicators will be of interest to the market in this period. Kyodo news agency reported.
Drag down the middle of her singing Whitney shes on the plane.
Drag down the middle of her singing Whitney shes on the plane.
Not ashamed! Female passengers shout sing singer Whitney Houston on the plane - passengers stand. The captain decided to fly into the airport emergency before police pulled down from the machine.
Scene girl, one of the aircraft carriers of the United States, "American Airlines" Flight Metropolitan Los Angeles - New York nuisance to passengers that a lot. With the aesthetics of her feats. Princess passengers this issue opens with singing gently. The singer superhero "Whitney Houston" will gradually increase the volume up. Shes singing into an unthinking one. And then everyone's patience came to an end on the end when it comes to music I Will Always Love You, although the staff is already advising her. But I still can not calm her down. On the staff decided to let the captain know. The captain has led to an emergency landing at the airport to downtown Kansas City airport police brought her down from the machine immediately. But even now in the custody of disembarkation. This young mother to not reduce or embarrassed in any way. She continued to shout shout until the last minute. As you can see from the clip that leaked out to the rest of the world.
Minnesota is the 12th state of the U.S. House. Passed legislation for same-sex marriage already.
Minnesota is the 12th state of the U.S. House. Passed legislation for same-sex marriage already.
Yesterday (13 May) the U.S. state of Minnesota. Has created a new history. Became the 12th state of the United States passed legislation to allow same-sex couples can marry. And registered marriage be legally then. Member of the Minnesota State Senate by majority vote, with 37 votes to 30 in favor of the draft law, which Governor Mark Dayton of Minnesota. To sign official documents today. And will come into force officially on 1 August onwards.
Euro Group the green light to two grants totaling 7.5 billion euros, Greece
Euro Group, the second installment of financial aid for Greece totaling 7.5 billion euros.
I met Aaron digital cell Bora winds Euro Group President declared the Minister. Archive Eurozone has approved a grant to the second installment of Greece. Representing a total value of 7.5 billion euros or 9.7 million U.S. dollars.
The digital cell Bora wind revealed to reporters that Subsidy is the first installment of 4.2 billion euros. Will be approved in the next few days. This will be disbursed by the European Financial Stability Fund (EFSF), the remaining portion of the 3.3 billion euros it. Expected to be disbursed in June. York. This will depend on the progress of the economic recovery of Greece.The decision was made after the eurozone has issued a statement expressing satisfaction that after this meeting. "Greece has significantly more progress in the implementation of fiscal and structural reform measures. As has been previously agreed upon. "The Euro Group also identified. "Greece can recover quickly and cost competitiveness" while also calling on Greece to reform its marketing and service. To enhance competition costs more robust.
Russia, U.S. to discuss. Syria resolution early next month.
Russia, U.S. to discuss. Syria resolution early next month.
The U.S. announced plans to meet with representatives of Russia. To end a war that lasted more than two years in Syria early next month.
Mrs. Jane Saki Spokesman of the U.S. State Department. Revealing yesterday (May 13) stated that the U.S. is planning to hold a conference to discuss with representatives from Russia to end the conflict in Syria, took place for over two years in early June. are going through this. It is expected that the conference will be held in Geneva. Annual Taste of Switzerland. Which used to discuss this issue together 2555 years ago when the previous chief Carol States Secretary of State. And the Minister for Foreign Affairs Sergey Lazio for Russia. Statement that ever came out of such a meeting to take place within this month.
The U.S. also plans to send a letter of invitation from Iranian agents. The International League to discuss Syria as well.
Tuesday, May 7, 2013
Euro appreciation respond Germany factory orders rising trend forecasting.
Appreciation of the euro relative to the U.S. dollar. After Germany's factory orders for the month. York. Skyrocketing trend forecasting.
At 11:10 am London time. The euro strengthened 0.3% against the dollar at 1.3110 and appreciated 0.2% versus the yen at 130.10 yen, compared with after earlier falling to 0.5%.
Euro has been a factor behind Germany's factory orders report higher expectations in the garden. York. Orders rose 2.2% in March. York. Statistically month. K. Since the signs of the return of economic growth in Germany.
Orders for export, rose 2.7% in March. York. Domestic sales increased 1.8%, while orders for consumer goods fell 0.7%.
The assessment revealed the Statistical Office Germany gross domestic product of Germany in the first quarter on 15 May.
Expected increase in global oil prices cause concern strike Israel - Syria.
Brent crude oil prices are expected to move in the frame. 105.50 to 106.01 U.S. dollars / barrel. WTI oil prices will move in a range from 93.58 to 94.65 U.S. dollars / barrel. The Dubai crude oil price is moving in the frame. 102.90 to 103.41. USD / barrel.
The price of crude oil increased by a factor of geopolitics in the Middle East could affect oil supply to the world's major exporters. Israeli missile attack destroyed the Fateh-110 operating in the territory of Syria. It is believed that such weapons were transported from Iran to Hezbollah in Lebanon, and the group fell into the hands of Hezbollah, and the Israeli city of Tel Aviv within firing range of the weapon. The Syrian authorities have reported that the attack caused damage to houses and people and the deaths of a number of such attacks.
However, the economy of the euro zone remained weak PMI index and indicate a contraction of the sector (the PMI below 50 points) a month, the 15th consecutive, the China HSBC report index PMI in service sector fell. Tap down to the lowest level since Aug. 54 due to a number of new services in China is the lowest level in 20 months, and has been reported to reduce the workforce for the first time since January 52.
The Morgan Stanley analysts believe that Brent crude oil market will tighten further in the June 56 due to a reduced supply in Nigeria and Ekofisk crude oil production in the North Sea.
U.S. Reveals Results of March. Dropped because employers see the economic situation.
U.S. Reveals Results of March. Dropped because employers see the economic situation. .
Ministry of Employment and Social Welfare in Spain revealed that Number of unemployed people in Spain stood at 4,989,193, down 46,050 people in April. York. The decline is the second consecutive month.
- National Association of Home Builders (NAHB), the U.S. said. Housing market in the country has improved over the United States has decreased in the second consecutive month in May. York. Which indicates that the recovery of the housing market may be slowing it down.
Statistics indicates that Those employers are waiting to see that. Economic situation of the country to come out in any form. After the government has cut the budget down.
Number of workers who have been employed in March. York. Fell to 26.4 million, the employment rate fell to 3.2% from 3.3%.
The position is empty and available. Indication as well. Companies may be reluctant to increase the number of employees. Among the signs that indicate a slowdown in growth this quarter.
In business there are no jobs, employment declined the most, followed by the healthcare business. And with respect to social assistance. While the availability of jobs in the retail sector, hotels and restaurants increased.
Thursday, April 18, 2013
Gold futures rise to $ 11 of speculation after prices fell earlier.
Gold futures rise to $ 11 of speculation after prices fell earlier.
Gold futures prices due to speculation. After prices fell heavily earlier. Due to the news that the Government of Cyprus to send a signal that the gold reserves sold out.
Thailand at 21.30 am today. Gold futures market COMEX (Commodity Exchange) for June delivery. York. Was up $ 11 or 0.8% to 1,393.70 U.S. dollars / ounce.
Gold futures rebounded after falling hard earlier. After Mr. Haris Cyprus Finance Ministry says Georgian KGB Cyprus plans to sell some gold reserves within the next few months. The sale must be approved by the Central Bank of Cyprus before.
Central Bank of Cyprus has approximately 16.5 tons of gold reserves, and the assessment of the European Commission recently stated that the Government of Cyprus has agreed to sell. "Excess gold reserves" to raise about 400 million euros (542 million dollars) as part of the conditions for receiving financial assistance to deal with the international creditors.
However, when assessing the possibilities. Cyprus is expected to sell 14 tonnes of gold to raise 400 million euros.
In addition to news of Cyprus. Gold prices also fell in the previous session after Goldman Sachs cut its forecast for gold prices in the period of 3 months up to a level of $ 1,615 / oz, from U.S. $ 1,825 / oz. In the 6 months that Goldman Sachs has cut its forecast for gold prices down to a level of $ 1,600 / oz, from U.S. $ 1,805 / oz. And revised forecasts gold prices from 12 months down to a level of $ 1,550 / oz from $ 1,800 / oz.
Lawrence Conference Board U.S. Leading Index March. York. Decline first time in seven months.
Lawrence Conference Board U.S. Leading Index March. York. Decline first time in seven months.
Conference Lawrence Board, a research organization, global private reveal Leading Economic Index March. York., The U.S. dropped 0.1%, reaching 94.7, down for the first time in seven months, as opposed to the. Analysts expected an increase of 0.1% reflects that the U.S. economy remains in recession.
The Conference Board, Lawrence argues that the factors leading economic index fell in with the wrong expectations. York. Came from the U.S. consumer confidence weakened. The slowing down of orders in the factory and the number of home building permits earlier Reuters / University of Michigan report that Confidence Index, U.S. consumers early April. York. Falling 72.3 which is the lowest in nine months of the year. York.'s 78.6 reflects that consumers plan to cut spending. in the future. It also indicates that Americans concerned about the impact of higher taxes.
The International Monetary Fund (IMF's) economy is expected to grow 1.9% this year before growth at 3.0% next year.
Spain sold 4.7 billion euros of bonds at the bond yield continued to decline.
Spanish authorities said. Spain can raise funds by selling bonds in the amount of 4.7 billion euros today. Than the maximum target set at 4.5 billion euro bond redemption is scheduled for the year 2559 and 2566.
The Spanish 10-year bonds at an average yield 4.612%, down from the auction held on March 21 at 4.898% and 5-year bond yield was at 3.257%, down from last week's auction. at 3.557%.
Investors still have confidence in the Spanish economy. Yesterday revealed that the Spanish Sociological Research. March consumer confidence index. York. Located at 52.1 points, up 1.4 points from the previous month. K. Consumers with a view to improving the current situation.
Confidence that the Spanish can also raise funds in financial markets has continued. By recently. Spanish bond auction of 4.31 billion euros (5.53 billion dollars), while bond yields remained relatively stable. Which reflects that. Crisis in the banking sector of Cyprus hardly affect the confidence of investors towards Spain.
However, Spain's borrowing costs declined in the months to come. Because investors are less concerned since the European Central Bank announced that Spain is ready to assist in resolving the debt if necessary.
However, Moody's Investor Service estimates that the budget deficit of Spain in the year 2556 is 6% of gross domestic product (GDP), higher than the target, the European Union (EU) set out. at the level of 4.5%.
Moody's said in a report called "Spain: Despite Progress in Fiscal Consolidation in 2012, Deficit Targets Remain Elusive in 2013" that the trend of the reliability of Spanish government bonds was placed in the negative. Because Spain still face the ongoing challenge of achieving a reduction in the budget deficit.
Wednesday, April 17, 2013
U.S. government's Energy Information Agency (EIA) said that U.S. crude fell above expectations in the week ended May 12
U.S. government's Energy Information Agency (EIA) said that U.S. crude fell above expectations in the week ended May 12
The stock fell 1.23 million barrels of crude oil on the part of analysts expected an increase of 1.2 million barrels.
The stock rose 2.36 million barrels of crude oil, while the stock of gasoline fell 633,000 barrels.
The refining capacity utilization rate fell 0.5% to 86.3%.
The stock fell 1.23 million barrels of crude oil on the part of analysts expected an increase of 1.2 million barrels.
The stock rose 2.36 million barrels of crude oil, while the stock of gasoline fell 633,000 barrels.
The refining capacity utilization rate fell 0.5% to 86.3%.
IMF's Spanish economy expected to shrink 1.6% in 2556.
IMF's Spanish economy expected to shrink 1.6% in 2556.
International Monetary Fund (IMF's) predicted that Spain will face a contracting economy and rising unemployment rate this year.
The MFC is specified in the report. "World Economic Outlook" that the Spanish economy will shrink by 1.6% in 2556 and unemployment rate of the country reached 27% this year before moving down to 26.5% in 2557 which is expected to. growth of 0.7%.
In January. York. IMDb Moffett expects gross domestic product (GDP) of Spain will shrink 1.5% in 2556 and increased to 0.8% in 2557.
New expectations and a more negative outlook for the Spanish economy. Based on predictions about the euro zone economy in general. The IMF's believed to be down 0.3% in 2556 before growing 1.1% in 2557.
The IMF also warned of the risk function of the political instability of Italy's debt crisis and Cyprus. This could cause tension spread throughout Europe.
Forecasts of the IMF's opposition to the government of Spain. GDP is expected to decline 0.5% this year and to grow by 1.2% next year.
International Monetary Fund (IMF's) predicted that Spain will face a contracting economy and rising unemployment rate this year.
The MFC is specified in the report. "World Economic Outlook" that the Spanish economy will shrink by 1.6% in 2556 and unemployment rate of the country reached 27% this year before moving down to 26.5% in 2557 which is expected to. growth of 0.7%.
In January. York. IMDb Moffett expects gross domestic product (GDP) of Spain will shrink 1.5% in 2556 and increased to 0.8% in 2557.
New expectations and a more negative outlook for the Spanish economy. Based on predictions about the euro zone economy in general. The IMF's believed to be down 0.3% in 2556 before growing 1.1% in 2557.
The IMF also warned of the risk function of the political instability of Italy's debt crisis and Cyprus. This could cause tension spread throughout Europe.
Forecasts of the IMF's opposition to the government of Spain. GDP is expected to decline 0.5% this year and to grow by 1.2% next year.
Wednesday, February 13, 2013
Economic crisis in the euro zone are facing at this time.
Economic crisis in the euro zone are facing at this time. I resolved to find a solution to a difficult situation. Comatose state of the economy in Greece, Spain, Portugal, Italy and France are still experiencing difficulty, Greece and Spain to send SOS signals for financial assistance to the EU and the International Monetary Fund. Or IMF
The Italian people are unemployed. Caused by the government's fiscal austerity policies. France recently announced a 75 percent tax the rich a tax cruelly. To seek solutions to the crisis of government debt. A news report. Rich French naturalization. Settled in other countries to avoid tax atrocities.
The EU and IMF, Greece and Spain, located dark conditions. The loan period for new government, the two countries need to reduce the budget deficit. Expenditures to achieve their goals. Otherwise, the new loan will not be requested.
Payable under the terms of the means to reduce the cost of government. Including the dismissal of civil servants. Government officials. Welfare state retrenchment has been provided, including the curtailment of benefits. The state to provide for the citizens of the country. The economic downturn resulted in continuation. Many unemployed people across the country. It brought together government demonstrations, as it is known.
UAI is Germany's euro-zone countries. This was due to the imposition of the tax money to help Greece, Spain, Portugal, waiting for help. The German government is not satisfied with the public's tax dollars to help other nations supporting cast.
Two years before the crisis on the U.S. economy. The result of the subprime (sub prime) because of the greed of the already wealthy Americans that want even more rich. Buy distressed property speculation. Problems bubble burst. Americans are faced with a problem. A result, financial institutions, banks, auto manufacturers. Overthrown by a succession. The state had to carry. A massive undertaking to get them overturned down. Causes many Americans, including the government. Called Occupy Wall Street as it appears in the news.
The United States has a public debt amounts to more than 16 trillion (dollars) was paid out to Thailand 30 times, or 102% of GDP (Gross National Product), with China as a major creditor. America's massive debt problems that Europe is stronger than the other.
In Asia, Japan is a country with a public debt of the country. Due to the budget deficit as high as for many years, the latest figures, Japan's public debt high, reaching 200% of GDP is considered the nation's public debt as a percentage of total GDP, the highest over. any state.
Europe - USA - Japan combined value of financial economics. Together with more than three in five of the world's economic system. A news report. Since September of last year, the U.S. is pumping money into the financial system of the country's new wave of so-called Quantitative Easing 3 (QE 3) continue indefinitely. The average monthly fall of U.S. $ 40,000 million. And Japan. Under the government of Mr. Miso Shin Abe plans to continue in the same manner. The injection of money from QE 3 would overwhelm the spill. Inflation will occur around the world. Be difficult to avoid....
Friday, February 8, 2013
Dow futures moved up three spots before the U.S. International Trade data reveal.
Dow futures moved up a 3-point touch 13,901 points and the index S & P 500 futures rose 0.3 points and touch 1,505.60 points as investors wait for Disclosure of Trade December. York. U.S. tonight.
Investors are reticent to send orders to the market. Because the wait for key U.S. economic data tonight. Which many expect the U.S. trade deficit in December. York. Had a tendency to decrease. The international market is stable boost U.S. exports to the region stronger.
Thursday, February 7, 2013
Minister stated. Hungary confirms the need to borrow money from the IMF
Minister stated. Hungary confirms the need to borrow money from the IMF
Hungarian officials said. Financial system of the country can stand on their own. It also does not need money from the International Monetary Fund (IMF).
Xinhua news agency reported that Mr Ha Lee Varga Minister acting in coordination with the IMF's comment during an interview with the TV channel Hungarian Hir TV.
Minister said that we can sell securities worth 4.20 to 4.50 billion forint, or about $ 2 billion each year. To maintain a stable financial system.
Minister stated. Hungary intends to issue a loan agreement with the IMF To avoid the risk of market fluctuations or if the breakup.
Mr. Varga said. Their discussions with the staff of the IMF and the EU's macro-economic situation in Hungary during the past six months.
Office of the IMF says that. The official representative of the IMF and the EU are in Hungary until the 28th of Jan to track, report and review the implementation of the agreement has been signed on loan for the year. in 2551.
Mr. David Lipton, Deputy Director of the International Monetary Fund. IMF inflation target of 2% of the BOD's appropriate.
Mr. David Lipton, Deputy Director of the International Monetary Fund (IMF's) said that targeting inflation at 2%, the Bank of Japan is appropriate to push the economy out of a deflation that. long
Japanese officials stated that Mr. Lipton said during a meeting with Mr. Akira to Amarillo Economic Policy and Finance Minister of Japan. The Cabinet Office said in Tokyo this morning. It is important that the BOD's of the people to be given clear guidelines on how to achieve the inflation target is set a month ago.
At the start of the meeting, which was open to the media with it. Amarillo has expressed its appreciation for the IMF's understanding of economic policy initiatives of Prime Minister Abe Shin Osa including monetary policy seriously. Growth strategy. Spending and fiscal flexibility. The large-scale infrastructure projects. Mr. Lipton said the economy in the form of Mr. Abe or "Abe Economics" has become "the universal" it.
While there are growing concerns that Japan's financial strength. The worst among industrialized nations. Could be worse. As a result of the issuance of additional debt. Mr. Marino has pledged to Mr. Lipton said. Mr. Abe's government to stimulate the economy in the short term. While trying to build the country's long-term fiscal discipline. Kyodo news agency reported.
Sunday, February 3, 2013
London market coffee: Robusta coffee prices to positive 2.2%.
London market coffee: Robusta coffee prices to positive 2.2%.
Reuters reports, market makers London on Thursday (1 Dec) Robusta Coffee contract delivery month. York. Rose $ 44 or 2.2% to close at U.S. $ 2,055 / ton.
Reuters reports, market makers London on Thursday (1 Dec) Robusta Coffee contract delivery month. York. Rose $ 44 or 2.2% to close at U.S. $ 2,055 / ton.
Saturday, February 2, 2013
ISM said the U.S. manufacturing sector expanded in January.
ISM said the U.S. manufacturing sector expanded in January.
U.S. Institute of Supply Management (ISM) reported that economic activity in the U.S. manufacturing sector continued to expand in January. Has been driven by new orders increased a lot. Which is a measure of the economic recovery continues.
Revealed that the ISM manufacturing index. Or purchasing managers index (PMI) of the U.S. manufacturing sector increased to 51.3 in January from 50.2 in December 2555. The figure above 50 indicates that manufacturing is generally expanding.
The new orders index in January. York. Increased to 53.3 from 49.7 in the previous month. The manufacturing index was at 53.6 in January. Up from 52.6 in December.
ISM Manufacturing report that 13 of the 18 manufacturing industries. Given to the expansion in January. Including industrial equipment and machinery, while the four industries reporting contraction of the state sector, such as chemicals.
The production is an adaptation of the brightest in the output and employment since the recession ended in June. Swimming 0.2552. However, the manufacturing sector has signs of volatility in the past month.
Consumer Confidence Index at the end of January. York. Increased to 73.8.
Consumer Confidence Index at the end of January. York. Increased to 73.8.
Consumer Confidence Index at the end of January. York. Based Reuters / University of Michigan preliminary level increased to 73.8 from 71.3.
The one-year inflation expectations declined to 3.3% from 3.4% at the beginning of January. York.
The current conditions index increased to 85.0 from 84.8 a month ago. The expectations index increased to 66.6 from 62.7.
New car sales in the U.S. plunged 26.6% in January, General Motors sold over 1.
Auto Data Corp., an automotive research firm in the U.S.. Revealed that sales of new cars in the U.S. in early January. York. Increased by 26.6% to 157,725 units, while the overall market for U.S. auto sales rose 14.2% to 1,043,103 units, the highest level since the year 2551.
The top five car manufacturers, including Toyota, the largest car manufacturers of the United States and the third Honda Motors sales were up significantly. Are driven by the needs of the consumer. Due to the economic recovery of the sample gradually.
General Motors (GM) is still dominating the sales up to 194,699 units, up 15.9%, driven by strong sales of cars, large cars, sport utility (SUV) at Ford. followed by a second motor with 165,863 units sold jumped 21.7%.
3, including Toyota. That the strong sales of the car in bright compact car, and a hybrid version of the Prius.
Chrysler Group ranks number four with sales of 115,228 units, up by 16.1% and Honda Motor is 5 to 93,626 units, up 12.8% Kyodo news agency reported.
Exxon Mobil announced profits up 6% in quarter 4/2555.
Exxon Mobil announced profits up 6% in quarter 4/2555.
Exxon Mobil, the largest U.S. energy company. This revealed that Profit increased 6% in Q4 2555 due to higher refining margins.
Although the decline in oil production, Exxon Mobil argues that the company had a turnover of nearly 1 billion dollars in the last quarter of the year.
Net income was 4.49 billion in 2555, up 9% from the previous year, the company stated that the expansion of such profits. Mainly as a result of asset sales and strong adaptability to the refining and chemicals company.
Although the production of the fourth quarter last year, down 5% from the same period a year earlier. But also a strong performance from the refining business in the quarter. An increase of $ 1.3 billion last year.
Grantham said David Rosenberg, vice president of investor relations for Exxon Mobil, said the results reflect the value of the business model with the combined company. And other competitive advantages. Xinhua News Agency reported.
Gandhi, President, Vice in the good U.S. economy showing improvement than expected.
U.S. Vice President Joe Biden. Said yesterday that The current economic situation in the U.S. is moving in a good direction.
Vice president, said during a meeting with the Prime Minister of England for hunting. Mair Merkel of Germany. About the current economic situation. Approach to dealing with the problem of chronic deficit increased. And recovery and economic growth.
"The U.S. faces a crisis than people think," said Biden was given over to the U.S. Treasury in the negotiations.
Mr. Biden noted that Germany is a very important partner.
Statement following the meeting of the Vice President. U.S. and Germany indicates that leadership. The Mare Mrs. Merkel said that Germany sent. "Positive message" to Mr. Biden regarding the time taken to extract the country's debt crisis.
In addition, Mrs. Mair Kelly also expressed his admiration for "positive signals" about the free trade agreement between the United States - the European plan. It is expected to boost the economic base of both sides of the Atlantic.
German leader said. A positive sign in the second term of office of the President. Barack Obama's Xinhua news agency reported.
German economic sentiment index soared, reaching the highest level in almost three years.
German economic sentiment index soared, reaching the highest level in almost three years.
Confidence in the German economy. York. Higher than expected, reaching the highest since May. Was 0.2553. Due to the more positive view that the German economy is the largest in Europe will be able to withstand and recover the debt crisis in the region.
European Economic Research, or ZEW, which is located in Germany revealed that the confidence of investors and analysts in Germany, with the economy in the next six months. Risen to 31.5 in January. York. From 6.9 in December. York., Which is the second month in a row that the index is in positive territory. And higher than most economists expected. The index rose in January to reach level 12. York.
Index in the current economic climate. York. Rises to 7.1 from 5.7 in December. York.
The previous week. German government has cut its growth forecast for the year 2556 to a level of 0.4% and 1% after the data indicate a significant slowdown of the German economy in the past year. The Office for National Statistics estimates that Germany's economy may contract by up to 0.5% in the last quarter of 2555.
However, given that Germany's central bank yesterday. There are signs that the economy began to recover. However, according to Business sentiment rose for the second consecutive month in December. York. The industry's growth has come back again. The European Central Bank (ECB) forecast that the eurozone economy. The main export markets of Germany. To break away from a recession this year.
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