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China's Economic Rebalancing Killed The Asian Locomotive

In the space of not much more than three months, culminating in last week’s Chinese bank sector liquidity crunch which sent the cost of short-term loans to such giddy heights it roiled global markets, almost every financial institution and every … — Sat, 29 Jun 2013 22:12:22 -0700

China willing to support global development efforts

Economic globalisation, regional integration, and the liberalisation and facilitation of trade and investment were a general trend, which was a powerful driving force to address global financial problems and achieve an economic recovery, … — Sat, 29 Jun 2013 19:15:09 -0700
Assess your existing financial situation, discover your credit card debt-to-income ratio, and thereby determine simply how much it is possible to afford to pay for the property. … captain Toting Maguan payday loans in a paper on the parliamentary treasury select committee, he explained the bank would only inject more money to the markets if there have been an immediate threat towards the wider economy. …. Proudly powered by global free forum and new social network 2013. — Sat, 29 Jun 2013 22:39:44 -0700


Is monetary theory dead?

S. GURUMURTHY. The financial sector is many times larger than the global real economy. Yet inflation has not plagued the developed world. Why? The disproportionate growth of the financial economy will continue. When the world economy … — Thu, 27 Jun 2013 23:45:00 -0700
IMF Launches Online Economics Learning for Global Classroom. New IMF initiative to offer core economics training online … “Taking our training online opens up a whole world of possibilities,” said Sharmini Coorey, Director of the IMF’s Institute for Capacity Development, which runs training courses in economics and finance for officials from the IMF’s 188 member countries—mostly those working at central banks and finance ministries. Topics range widely, from economic policy and … — Thu, 27 Jun 2013 22:10:00 -0700
“I’m hoping that the people of India will heed my appeal and will not demand so much gold,” Finance Minister P. Chidambaram said in March, soon after he claimed during his budget speech that India’s ‘passion for gold’ is responsible for the high current account deficit. In recent months … There is global selling as Cyprus’ plan to sell bullion reserves, fears of the U.S. Fed ending its stimulus, worries of central bank sales and investors dumping gold push prices down. May 3: The RBI … — Thu, 27 Jun 2013 21:37:18 -0700
The financial crisis and global transformations had led to increased recognition that economic development needed to go hand in hand with sustainable development. In the Americas, she continued, the growth of small- and medium-sized … — Thu, 27 Jun 2013 20:41:53 -0700


BIS says central banks must stop supporting economies

It said: “Although six years have passed since the eruption of the global financial crisis, robust, self-sustaining growth still eludes the global economy. “During this time, central banks in advanced economies have been forced to look for ways to … — Wed, 26 Jun 2013 16:46:56 -0700


Thai economy faces slowdown
Thai economy faces slowdown. Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong has conceded that China’s economic slowdown could have a negative impact on… … China and other global economic uncertainties could pressure the Fiscal Policy Office, the National Economic and Social Development Board and Bank of Thailand to revise down their growth estimates for Thailand this year, Kittiratt said. He added that there was now much fluctuation in the capital … — Wed, 26 Jun 2013 17:29:51 -0700



How the world benefits from Chinese piracy

Nearly all creations rest on prior work, and the ability to freely copy and refine existing designs fuels fields as varied as fashion, finance, and software. Copying can also foster stronger … The phase that China is going through is a natural and healthy one, both for China and for the US; the big multinational IP giants might not like it, but they are clearly the winners in the global economy already, and hardly need an extra legislative boost. Indeed, my only complaint with the article is that it … — Tue, 25 Jun 2013 22:00:16 -0700
Hong Kong’s economy is booming at present and its banks remain among the highest-rated banks globally, backed by solid levels of capitalization. Hong Kong’s financial wealth is historically linked to Great Britain, so this latest spat reinforces … — Tue, 25 Jun 2013 23:21:00 -0700
The World economies are indeed teetering right now on total collapse… It is so sad that nations that have foolishly adopted the criminal Jewish Usury debt system have not learned from history, which clearly shows that any nation that bases its financial system on Usury has always collapsed! What we have right now is … The key to understanding when these rigged markets will collapse so this current Global Depression can no longer be denied is interest rates. They are going up and … — Tue, 25 Jun 2013 20:39:00 -0700
Global domination is a relatively recent ambition of nations. Wars of religion and ideology existed in Europe, notably the wars of religion, which ended with the Treaties of Westphalia and established the system of state sovereignty, and the … — Tue, 25 Jun 2013 18:25:19 -0700
Global momentum for energy efficiency requires more bipartisan support, public goals and private finance. Tweet. PRNewswire/ InfoQuest — 26 June 2013 8:02. — Johnson … “We need public policies and private investment that work together to reduce the market’s uncertainty, and capture this year’s momentum toward a more energy efficient global economy,” said Dave Myers, president of Johnson Controls Building Efficiency. The Energy Efficiency Indicator is a global survey of more … — Tue, 25 Jun 2013 18:02:07 -0700
China is a crucial part of the global climate change project because of its importance as a source of emissions and its economic and strategic weight. It matters also because it is likely to have comparative advantage in mass production of … — Tue, 25 Jun 2013 17:00:41 -0700 — Tue, 25 Jun 2013 17:00:41 -0700

This has a ricochet effect on commodity based economies and currencies from Australia to China and the Middle East, although oil prices have proven quite resilient thus far. But China did not start the share sell-off. Global stocks tumble. The MSCI All-Country World Index of stocks has slumped 5.4 per cent since Fed chairman Ben … Where does this leave global financial markets this summer? In a steep correction until a capitulation blow-off in September or more probably October? — Mon, 24 Jun 2013 22:06:32 -0700


Skittishness in global finance about the Federal Reserve’s intention to start “tapering” its asset purchases has been joined by rising angst about a. … It is too early to say, but with the credit intensity of China’s slowing economic growth surging back this year to levels last seen in the 2009 credit boom, a severe credit squeeze could precipitate a big drop in investment, accentuate the downturn in growth and lead to financial and banking sector instability. This would sour sentiment in … — Mon, 24 Jun 2013 21:41:08 -0700
Southeast Asia, so long a byway of the world economy, has become a well-worn path for foreign investors seeking refuge from the continuing after-effects of the global financial crisis. They have come because the region has been surging … — Mon, 24 Jun 2013 20:30:00 -0700
Rather, the number one reason why rapidly rising interest rates could cause the entire global financial system to crash is because there are more than 441 TRILLION dollars worth of interest rate derivatives sitting out there. This number comes directly from the Bank for … China had pumped roughly $1.6 trillion in new credit (that’s 21% of GDP) into its economy in the last two quarters… and China GDP growth is in fact slowing. This is what a credit bubble bursting looks like: the pumping … — Mon, 24 Jun 2013 20:01:00 -0700
The Great Recession began in late 2007 with the near-collapse of the global financial system, depressing economies and employment worldwide. It also drove millions more than ever before to seek higher education. Global enrolment is … — Mon, 24 Jun 2013 16:53:23 -0700
Financial Markets…Global equities edged lower on Monday as mounting speculation that the U.S. central bank will scale back its stimulus program, combined with a prospect of tighter credit conditions in China, pushed risk-aversion among … High-income Economies…German business sentiment improved for the second month in June, with the Ifo institute’s business climate index edging up to 105.9 from 105.7 in May. Although the current situation sub-index fell (to 109.4 from 110), … — Mon, 24 Jun 2013 15:05:45 -0700

Banks dangerously exposed to $10 trillions bond market crash

Banks face another global financial crisis worse than 2007-8 warns the normally conservative Swiss-based Bank of International Settlements as a $10 trillion central bank bond mountain leaves them perilously exposed to higher interest rates. The Federal Reserve recently triggered a global … However, the world has moved on since then and China is very much a part of the global economy, and its emerging debt crisis could be the biggest of all. Shanghai surprise. A recent spike in … — Sun, 23 Jun 2013 22:06:17 -0700
Michel M. Liès concludes: “Our top priority is delivering on the financial targets set for 2011-2015. But we do of course look beyond 2015 and thus anticipate the strategic themes that will shape the global economy and the long-term demand for … — Sun, 23 Jun 2013 22:04:15 -0700
Consider the following figures on global financial integration: Total foreign assets and liabilities of advanced economies rose from 68% of GDP in 1980 to almost 450% of GDP in 2010. The synchronisation of a severe economic and financial … — Sun, 23 Jun 2013 21:52:00 -0700
Six years have passed since the eruption of the global financial crisis, yet robust, self-sustaining, well balanced growth still eludes the global economy. If there were an easy path to that goal, we would have found it by now. Monetary stimulus … — Sun, 23 Jun 2013 21:41:00 -0700


… approved a statement on the global financial crisis which sets out a long term vision, based on Catholic Social Teaching, which seeks to put the economy at the service of society, in contrast to many of the political solutions being proposed. — Sun, 23 Jun 2013 21:15:53 -0700


China Money-Market Turmoil

Turmoil Exposes Global Risks. The turmoil exposed vulnerabilities in the financial markets and the world economy that had been mostly ignored because central banks were willing to ride to the rescue with huge amounts of money. — Thu, 20 Jun 2013 21:41:00 -0700
No the fall in financial markets is not a sign of US economic strength! Posted on 21 June 2013 with no comments from readers. One of the most preposterous arguments doing the rounds is that the huge sell-off in global assets this week is … — Thu, 20 Jun 2013 21:40:29 -0700
ENDNOTES i Sources: Federal Reserve Board, US Bureau of Economic Analysis. Data as of fourth quarter 2012. ii Source: International Monetary Fund Global Financial Stability Report. Data as of April 2012. iii Source: CoreLogic National HP … — Thu, 20 Jun 2013 19:35:25 -0700


Cash Squeeze in China


China’s one-year interest-rate swap rose by the most in 22 months as the central bank refrained from adding funds to the financial system to ease a cash squeeze, causing demand to fall at a government debt auction. — Tue, 18 Jun 2013 23:56:00 -0700

Developing countries’ import cover

According to the latest Global Economic Prospects report by the World Bank, South Asia has seen the biggest decline, of 3.9 months, largely because of weak exports and price pressures from crude oil imports (and gold imports by India). — Wed, 19 Jun 2013 00:09:09 -0700
Turkish Minister Ergun describes Turkey’s potential as Future Global Economic Centre. DSC_1051 (Large). juin 19. 2013. Mr Nihat Ergun, Turkish Minister of Science, Industry and Technology, met with NGOs and guests in London, England. — Tue, 18 Jun 2013 23:42:45 -0700
tba Financial …. The relative underperformance of Australian versus global shares, even in local currency terms, may have further to go in the short term, given the economic uncertainty about the end of the mining boom. However, Australian … — Tue, 18 Jun 2013 22:20:24 -0700
Global Economics Sign Up for free News Alerts. European car sales hit a 20-year low as recession bites hard. Posted on 19 June 2013 with no comments from readers. European car sales tumbled to a 20-year low in May with annualized sales now running at below 12 million vehicles compared with 16 million before the global financial crisis struck five years ago. The unemployment rate of the 17-nation euro zone was at a record high of 12.2 per cent in April, and nearly 27 million … — Tue, 18 Jun 2013 22:12:48 -0700
Since the financial crisis there has been a tendency for traders to move into emerging market and commodity currencies and into equities in the risk-on phase where central banks succeeded in persuading investors to assume more risk. In risk-off mode they moved back into the dollar which enjoyed … The less good news is that the eurozone still hangs like a dark cloud over the global economy . . . with no comprehensive solution in sight. The depreciation of all these currencies is … — Tue, 18 Jun 2013 21:40:44 -0700
5 Forbes magazine named Fred Goodwin as Global Businessman of the Year for the ‘brilliantly Despite Finance Committee convener Wendy Alexander’s defence of the UK Government’s economic strategy – saying that there had been … — Wed, 19 Jun 2013 00:30:24 -0700


New BAIL-IN Rules

The collapse of the global financial system is a foregone conclusion and it has just been confirmed by finance ministers around the world. … Of course, this is the United States of America, where nothing of the sort could ever happen. According to Federal Reserve Chairman Ben Bernanke, here in the U.S. the crisis is contained and poses no risks to the broader economy or financial markets. So, you can probably just move along and ignore this warning. Nothing to see here… It’s just … — Mon, 17 Jun 2013 22:05:41 -0700
The Financial Times has published an opinion piece on the concentration of the world’s wealth and power…and now the world’s wealthiest and most powerful, into a top tier of what it calls global cities: Priced out of Paris by Simon Kuper [snip] — Mon, 17 Jun 2013 19:06:00 -0700
Even more extreme, the top 147 transnational corporations control roughly 40% of the entire economic value of the world’s TNCs, forming their own network known as the “super-entity.” The super-entity conglomerates all control each other, and thus control a significant portion of the rest of the world’s corporations with the “core” of the global corporate network consisting primarily of financial corporations and intermediaries. In December of 2011, the former deputy secretary of the … — Mon, 17 Jun 2013 17:11:39 -0700
The European economy still commands a fifth of the global economy, but it is now its weakest link. and the US are sporting a growth rate of more than 2 percent. Unless Europe can retool its workers, liberate its entrepreneurs, and finance its … — Mon, 17 Jun 2013 17:08:04 -0700
Economics, Politics and Public Policy in East Asia and the Pacific. Home · Topics · Development · Economics · G20 · International Relations · Politics · Trade · Other Topics … The International Energy Agency, for example, estimates that GHG emissions from the transport sector made up 22 per cent of emissions globally in 2010, with the majority coming from road transport. It will take decades to roll over the stock of vehicles on our roads so that they are more fuel-efficient. This makes it … — Mon, 17 Jun 2013 17:01:53 -0700
China’s Edward-Snowden dance: Extraditing the leaker of NSA secrets to the US would be a “betrayal” of his trust and a “face-losing outcome” for Beijing, said the Global Times, a Chinese tabloid under the thumb of Communist Party rag, the People’s Daily – akin to a government …. China slowdown accelerates: The Ministry of Finance announced that revenues would miss the 7% growth target for the year – by a wide margin – and cited the economic slowdown as the main reason. — Mon, 17 Jun 2013 16:26:10 -0700
Josef Korbel School / Global Finance, Trade and Economic Integration. The GFTEI that keeps on giving…A second year student unwraps the acronym · Home · About Alison Lowe · Student Blogs · ← Almost there… — Mon, 17 Jun 2013 16:25:09 -0700
Down in the bowels of the global economy something very nasty is stirring. The addiction to money … China hid its borrowing in an unregulated shadow banking colossus that is now about to fall apart with the biggest financial crash in history. — Mon, 17 Jun 2013 22:39:19 -0700


Singapore exports slump confirming Asian economic slowdown

Singapore exports slump confirming Asian economic slowdown. Posted on 17 June 2013 with no comments from readers. Last week the IMF warned that the global economy was slowing down. Now comes the hard economic data to support … — Sun, 16 Jun 2013 22:00:45 -0700
If we add to this picture, the inherent volatility of the energy markets, the certainty of oil reserve depletion, the global trend towards reducing dependency on fossil fuels due to the urgent impact of climate change – and which will impact Libya and the region on the two fronts of oil exports and imported food prices -, and the … It is therefor imperative that Libya’s public financial management reforms should be the most urgent priority at this critical time for the country’s economic authorities. — Sun, 16 Jun 2013 23:55:55 -0700
The Finance Ministers of the world?s poorest countries adopted a resolution on RemitAid, however the global economic crisis of 2008 prevented OECD governments from adopting the appropriate tax relief policies. Remittances as sustainable … — Sun, 16 Jun 2013 23:44:00 -0700


Filed Under business, economy, government, investment, philantrophy, social finance. We had the chance to … The global financial crisis has a created both financial burdens and social burdens for governments in many developed countries. — Sun, 16 Jun 2013 22:56:01 -0700
This Blog is dedicated to the NEWS of the WEB that Matters but is Ignored by the Main Stream Financial and News Networks. My Hope is to Spread the Word that there is MORE “Risk” Facing the “Global Economy” than the Talking Heads on … — Sun, 16 Jun 2013 22:21:00 -0700