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IMF President: Global economy recovers in first half of next year

The specific situation depends on the effectiveness of national stimulus plan according to the Xinhua news agency Cote Divoire, the International Monetary Fund's chief executive, Dominique Strauss-Kahn, 27th, said that despite some signs of recovery in the world economy, the International Monetary Fund still believes the global economy will not recover until the first half of 2010.  Mr. Strauss-Kahn said in a media interview in Cote Divoire Economic capital Abidjan that even now some countries and regions may have signs of economic recovery, but the high unemployment rate in some countries is still "very worrying", he himself does not think the global economic recovery will come early. Kahn Table ...

The overall downturn in the global economy

The rise in oil prices has curbed some of China's industry recovery "signs" 40 U.S. dollars, 50 U.S. dollars, 60 U.S. dollars, 70 U.S. dollars ...  In the first half of 2009, the global economy faltered on the road to stability, and international crude oil prices, the lifeblood of the economy, were on the upside. On the last day of the first half of 2009, the National Development and Reform Commission (NDRC) raised the domestic gasoline and diesel prices by 600 yuan per ton respectively. This is the third time in the first half of the increase in oil prices.  The frequency and magnitude of domestic oil price rise has become the focus of people's concern and controversy. The overall downturn in the economy, and oil prices all the way higher, behind ...

Li Ka-shing: Inflation has come and the global economy still faces challenges

BCC, Beijing, March 30 (Reuters)-Li Ka-shing (column) said yesterday (29th) that inflation had already come, and that the European debt problem, the political situation in the Middle East and the impact of Japan's severe disaster, the global economy still faced a lot of challenges.  Inflation is not yet the most serious period, and he believes inflation will continue. In addition, Li Ka-shing also said that since the 2008 financial crisis, the United States to further implement monetary easing policy, although accelerated economic recovery opportunities, but also pushed up the risk of inflation. He predicts that the United States will not be in the coming year ...

Big quake shocks global economy Japan auto industry loses worst

Summary: March 11, the northeastern coast of Japan, the Richter magnitude 9 earthquake, and triggered a large-scale tsunami, in addition to a large number of casualties, the recovery of the Japanese economy, and even the global economy has caused a strong shock wave.  It is a matter of concern that Japan, the world's third-largest economy, will be affected by the process of recovery, whether the global economy will be affected and how China's economy and capital markets will be impacted. March 11, the northeastern coast of Japan, the Richter magnitude 9 earthquake, and triggered a large-scale tsunami, in addition to a large number of casualties, in the recovery of Japan ...

10 Reasons to resign

The writer, James Altucher, an investor, programmer and entrepreneur, today published his unique view of resignation, which is well worth pondering. Love to read science and technology blog You must want to create something, do not want to live now lifeless life, hope financial freedom.   If you do it at 3, you're free, but a lot of people, including myself, have been on the roller coaster because we're stupid. Don't blame the recession, because innovation and the global economy are in a bad time, and you have no shortcuts. Now history has ...

HSBC report says 60% mainland respondents are still more willing to invest

HSBC's latest survey of wealthy people in Asia and the Pacific found that although the global economy has not yet emerged from the financial crisis, the market is still uncertain, but in mainland China, the financial crisis has not stopped investment in finance, on the contrary, mainland investors still maintain strong investment will. The survey is the first time HSBC has surveyed the trends in investment habits, consumer behaviour, and family vision among high-income earners in several countries and regions across the region.  The survey, which was conducted every six months, was conducted between the end of April this year and early May. The survey shows that investment depends on ...

Comments on US bailout policy exit

Wen/Wang Zili in the global economy, there have been some recent changes, the most basic change is "recovery" instead of "crisis", which is now the most popular words. Is the world economy reviving? My personal opinion is that at least in the second half of 2010 can see the clue.  At present, if we talk about economic recovery, such as China and other countries can talk about, and the global scope, the economy has not recovered, on the contrary, it faces great challenges. It is said that the global economy faces great challenges: first, in the face of the crisis in 2007, governments have Keynes "visible ...

WO-wheel point of view: Securities companies sing well to pay attention to the life of the stock warrants

July 7, 2009, the Hang Seng index opened 36 points in the early afternoon, and then climbed to 18,160 points, after a a-share diving dragged back, regained all morning gains, all day fell 117 to 17,862 points, the major market reduction to HK $50.6 billion. Stocks fell sharply in Tuesday, and another fall in oil prices meant the global economy's desire for a rapid recovery was dashed. As of closing, the Dow and S & P fell nearly 2%, with a 2.31% drop.  ADR fell across the line, expected to drag Hong Kong stocks early low open. Recently, the major brokers in unison to sing good Chinese insurance industry, because of the insurance industry ...

CNOOC Rose 4%, boosted by higher oil prices and industrial chain expansion

CNOOC, which has benefited from the rise in international crude oil prices, has risen markedly this morning, with shares now up 4.12% to HK $10.62, trading 40.67 million shares. But the company recently predicted that as the global economy continued to slide, oil prices in the top of the 60 dollars per barrel up the space is limited, the average global crude oil prices this year about 50-60 U.S. dollars/barrel. The weakness in crude oil may constrain the oil producer's profit margins, but CNOOC's board chairman, Fu, said it planned to acquire downstream assets from its parent company and was committed to eventually becoming an integrated oil company, through a simultaneous adjustment of the downstream terminal pricing of the industry ...

APEC: Continue to adopt economic stimulus policy

The 17th APEC Leaders ' informal meeting 15th issued the Singapore Declaration. The declaration states that APEC members will continue to adopt stimulus policies until a sustained economic recovery is clearly entrenched. Members will also implement the consensus of the Group of 20 Pittsburg summit to work together to maintain a strong, sustainable and balanced growth momentum in the global economy and to develop a comprehensive long-term growth strategy next year. With regard to the multilateral trading system, the Declaration stated that APEC member leaders reaffirmed their commitment to the conclusion of the Doha round negotiations in 2010 and achieved relevant results;

Normal Professor Zhong: Conditional families should buy more houses

Zhong, director of Financial Research Center of Beijing Normal University and famous economist, spoke at the Taihu forum. Photograph: Caspian Sea China Economic network Nanjing December 14 December 12, Beijing Normal University Financial Research Center director, famous economist Zhong came to Nanjing, visited the "Taihu forum."  In the 2010 China's economic and financial trends are what, there will be inflation, and around the Taihu Lake, nearly hundreds of entrepreneurs and managers have carried out in-depth discussions. Zhong that, from the global perspective, the financial crisis triggered by the subprime crisis has ended, the global economy is in a weak recovery form ...

Global loss of $10 trillion trillion if not reached

"Report" The United Nations International Energy Agency (IEA) executive director Tanaka recently warned that the Copenhagen Summit, once the failure of the global economy will bring about 500 billion dollars a year loss.  Tanaka said in Paris that from 2010 to 2030, the total amount of extra investment by the international community to restore the impact of climate change would be $10 trillion trillion. Kevinparker, head of global asset management at Deutsche Bank, said: "The most concern is cost, but the cost of not taking action is higher." "The cost really becomes this week in Copenhagen ...

CIC's lucrative research last year invests in U.S. high-speed rail

China's sovereign investment Fund, CIC, has made good investment gains in the past 2009, thanks to a steady rebound in the global economy and a rebound in financial markets, people familiar with the matter said yesterday.  The company is now looking into the possibility of further widening the scope of the investment, including the U.S. high-speed rail. Last August, CIC's 2008 annual report showed that in 2008 CIC achieved a net profit of $23.13 billion (at 6.83 exchange rate of about 158 billion yuan), with a return on capital of 6.8%, but a global portfolio (ie, overseas investment) returns ...

World economy to negative 2.9% this year

Xinhua Seoul June 22, the World Bank of 22nd in Seoul published in the "Global Development Finance 2009" reported that, affected by the international financial crisis, this year the global economy will negative growth of 2.9%. The growth rate for developing economies this year is only 1.2% per cent, well below last year's 5.9% and 8.1% in 2007, the report said.  The report predicts that if China and India are not included, the economy of developing economies will fall by 1.6% this year, and unemployment and poverty will increase further. The report said that the world economy will gradually recover next year, 2010 world economy will rebound 2 ...

Lin's comment on Yuan appreciation

On the eve of Mr Obama's visit to China, Lin Yifu, the first Chinese to be the World Bank's chief economist, fully elaborated on his position on the revaluation of the renminbi and resolutely opposed the push to let the renminbi appreciate to restore the balance of the world economy.  In a speech to the University of Hong Kong in Monday, Lin said the appreciation of the renminbi could not help rebalance the global economy, but would hamper the global recovery, the Wall Street Journal reported. Earlier, the seven industrialized countries (G7) said excessive exchange rate volatility would have adverse consequences and urged China and Asian emerging markets to allow their currencies to appreciate. Including Europe ...

Mr Sarkozy: G20 must have the ability to make decisions

French President Nicolas Sarkozy said in Thursday at the World Economic Forum that the legitimacy of the group of 20 depends on its "ability to make decisions", the Financial Times reported January 28. If G20 becomes a high-level talk club, its position as the premier forum for world powers could be undermined.  At the Davos forum, G20 is often dubbed "G0"-a drama that has not reached any substantive agreement on measures to control the global economy since the global economy began to recover. (Yang Huijun in the British Embassy)

The International Monetary Fund estimates that China's economic growth rate will reach 10% this year

China News Agency, Washington, April 21--The International Monetary Fund 21st estimated that the economy will grow by 10% per cent this year and 9.9% per cent next year.  The International Monetary Fund released its biannual World Economic Outlook report, which assesses the growth of the global economy this year and forecasts economic growth in major economies such as China, the US, the eurozone and Japan. China remains the brightest star in the International Monetary Fund's projected global economic list. In its report, the group maintained its January GDP growth in 2010 ...

China's largest producer in the next 5-7 years

The Organisation for Economic Co-development (OECD) published its second report on China's economic survey in Beijing yesterday. China will be the first to emerge from recession in the global economy, thanks to China's impressive fiscal position, and it is expected to maintain strong growth in the next two years, the report said.  And as the world's second-largest economy, China is expected to overtake the US as the largest producer of manufactured goods in the next 5-7 years. Social transfer spending needs to be increased the OECD believes the Chinese government's strong financial resources will enable China to bear additional spending, backed by a huge fiscal stimulus package in the global economy ...

Impact and change of large data on social governance

The impact and transformation of large data on social governance Baozonghao Song Guilen is today, large data with the development of cloud computing, Internet of Things, and mobile web are having a huge impact on the global economy and society.   The large data age has put forward new challenges to social governance, which requires us to grasp the characteristics of social governance in large data times, to change the research methods of social governance, and to meet the needs of social governance in large data times. Impact and change of large data on social governance

Chinese concept stocks fell in early Friday: positive education fell 4.1%

Absrtact: China concept stocks Friday early data Beijing time October 10 Evening News, the U.S. stock market in Friday low open. U.S. stocks suffered their biggest drop since April, with the S & P 500 showing the longest consecutive week of declines since January, as markets worried about the global economy's China concept stocks, which came in late October 10, in the early hours of the Friday, when US stocks were low in Friday. Stocks suffered their biggest drop since April, with the S & P 500 showing the longest consecutive week of declines since January, amid fears that global economic slowdown would hurt the US ...

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