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UN experts recommend immediate abolition of debt owed by Haiti to international financial institutions

February 5, according to Venezuelan Global Television reported today, the United Nations independent foreign debt expert Lumina yesterday suggested the immediate abolition of Haiti owed to international financial institutions such as the World Bank debt, so that Haiti can recover from the earthquake damage. In a communiqué, Lumina congratulated the 19-nation Paris Club for removing the 214 million dollar decision that Haiti owed. But he did not think that was enough, and more important was to exempt Haiti from the external debt owed to multilateral creditors. At present, Haiti's external debt is $890 million, of which 41% per cent is owed to the Inter-American Development Bank and the World Bank owes 27% of its debt. He ...

Why China's Internet favors America

Why are domestic internet companies scrambling to list in the U.S. stock market? Fengxin that many of the Chinese Internet companies ' capital structure, including venture capital, is also the foundation for the initial development of Chinese Internet companies, but companies with foreign venture capital are unable to market in their domestic capital markets.   He believes that in the aftermath of the international financial crisis, the Internet is the hottest concept of U.S. capital markets, China's economy is optimistic about the world, Chinese Internet companies are more favored by U.S. capital, so Chinese internet companies in the U.S. capital market is very popular. China Internet is ...

First A after H will become the customary foreign capital Shanghai listing

According to the Hong Kong Ming Pao newspaper, the competition between Hong Kong and Shanghai as a financial centre is becoming more and more intense, and Pangjianzong admits that the central government's full support for Shanghai to become an international financial centre 2020 years ago will be quite stressful for Hong Kong.  In particular, Shanghai is determined to set up an international board to recruit foreign companies to the Shanghai market, "Hong Kong really needs to challenge." In the face of Shanghai's competition to blunt Hong Kong's pressure on the mainland and Hong Kong's financial strength of this decline, the world has long been discussed, Goldman Sachs is the action, the Asian investment Banking Department's joint director Mark Machin (Ma Qin) was appointed from the beginning of this year in Beijing, the nearest ...

Liu to promote the establishment of BAI Enterprise Club

NPC Representative Liu, Chen Yilong in an interview. Our reporter Hu Sheper yesterday, Lenovo Holdings Limited president Liu, Hebei Iron and Steel Group Co., Ltd. chairman, general manager Wang Yifang and other 5 NPC deputies attended the "NPC representative in response to the impact of the international financial crisis" group interview, talk about employment, iron ore negotiations and other hot topics.  Liu said in an interview after the press conference, he and the panel members after discussion, we set up Bai Enterprise Club. The hot spot expands the employment employment to solve the not to be able to do nothing also Wen Jiabao in the government report middle finger ...

Canton Fair Buyers export business double growth not up to the pre-crisis level

(Reporter Raiwei, liang, Liu Jue correspondent Zhongxin) the 107th session of Canton Fair came to a curtain yesterday. According to the Canton Fair Deputy Secretary-General, spokesman Chen Zhaoren, the Canton Fair has been a complete success, to buyers and export transactions showed a resumption of growth, but did not reach the level before the international financial crisis. As of May 4, a total of 203,996 overseas buyers from 212 countries and regions had increased by 15827 in the autumn fair last year, up 8.4% per cent, down 1.3% from the same period in 2007. Export turnover of 34.3 billion U.S. dollars, more than last autumn fair growth of 12.6%, than ...

Michelle Reis leaked the baby boy belly still tread high heels walk show

Michelle Reis pretty big belly debut (picture Source: Sun) (1/17) According to Hong Kong media reported that the "billionaire baby" of Michelle Reis, attended the International financial centre in central yesterday to hold a ceremony, the General Assembly will be on display by Michelle Reis, Maggie Q and Shawn, and other works taken by the auction for charitable purposes later.  Michelle Reis yesterday wearing loose body clothing, but the abdomen is obviously swollen, and full of countenance, but still greedy beautiful foot 4-inch heels, in the staff protection and open the way to the stage, during the visit was arranged to sit on the chair, very big! Henghen will accompany into the delivery room since the words fat ...

China implements six measures to stabilize employment

Xinhua Beijing, December 24 (reporter Zhao, Chi Qingxin) commissioned by the State Council, human Resources and Social Security Minister Yin 24th to the NPC Standing Committee of the 12th meeting of the National People's Congress to report on employment and re-employment work since this year.  Yin said that in order to cope with the great impact of the international financial crisis on China's employment, the State has implemented six measures to stabilize employment. Since last year, the great impact of the international financial crisis on China's employment has been manifested in: the contradiction of oversupply of labor is further intensified; a group of enterprises operating difficulties, job instability, economic growth slowed down, the employment of ...

The National Federation of Retailers has recently predicted

The national retailer's Federation recently predicted that some 97 million people would shop in "Black Friday" via the Internet or the physical stores, while shoppers were expected to reach 140 million from Thanksgiving to 4 days in Sunday. The Federation estimates that retail sales will rise 3.9% per cent to $602.1 billion a year from the holiday shopping season, from Thanksgiving to Christmas and New Year's Day.   This will be better than the growth rate of 3.5% per cent last year, but there is a big gap compared to the growth rate of 6%―7% before the international financial crisis. U.S. economic Advisory Agency "global Perspective" analyst Chris Christopher ...

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 ...

Two-quarter external reserve increase 22 times times official disagree with hot money reflux

30 billion dollars is "hot money"?  Affected by the international financial crisis, China's foreign exchange reserves last October, the first negative growth in nearly 5 years, this decline has been extended to this February. Monthly data from the central bank revealed that the balance of foreign exchange reserves in January-June this year was about $1.9135 trillion trillion, $1.9121 trillion, $1.9537 trillion, $2.0089 trillion, $2.0895 trillion and 2.1316 trillion dollars. At the end of April this year, the balance of reserves exceeded the 2 trillion dollar mark for the first time. In terms of one-month increments, January reserves were reduced by about $30 billion trillion ...

Supreme People's Court calls for strict review of employers ' redundancy

BEIJING, July 12 (Xinhua) The number of disputes over labor disputes has risen sharply in the national courts, according to the impact of the international financial crisis.  In order to do a good job of the trial of such cases, the Supreme People's Court recently issued "on the current situation to do a good job in the labor dispute case trial guidance." Directive opinion request, must strive to safeguard laborer's lawful rights and interests and maintain the employing unit's survival development equally. It is necessary to safeguard the lawful rights and interests of workers and to promote the survival and development of enterprises, and strive to achieve mutual benefit. To actively promote the harmonious and stable labor relations, as far as possible to maintain labor together ...

Shanghai to reproduce the 9.2 billion new king surrounding house prices follow the bullish

Seeing a land King's fall, there is a new king in the birth, 3 hours ago, Shanghai Land Trading center of the auction site, Shanghai card big home to 9.22 billion of the price, competing Waitan International Financial Services Center 8-1 plots.  The price refreshes the records of the Shanghai land auction to see the latest king. The auction of the Waitan International Financial Services Center 8-1 block site adjacent to the landmark of Shanghai outside the beach, the transfer area of about 45,000 square. The planning uses for the commercial, the finance, the Office, the cultural comprehensive land. At the auction site of the Shanghai Land Exchange Center, from the morning ...

The first half of the national court to accept real estate disputes Rose 10%

The first half of the national court to accept real estate disputes up 10% with the deepening of the international financial crisis, China's real estate industry has a greater impact. To do a good job in real estate dispute cases, the Supreme People's Court 19th issued "on the current situation to further improve the real estate dispute cases of trial guidance."  The 11 trial guidance document is an important measure for the Supreme People's Court to provide a strong judicial guarantee for the "growth, Pao Minsheng and stability" in the current situation. Reporter from the Supreme People's Court learned that from January 2009 to June, the national law ...

The International Labour Organization predicts global unemployment will reach 6.8% this year

Geneva, May 28 (Xinhua Yang Yi) The International Labour Organization (ILO), based in Geneva, said on 28th that 210 million to 239 million people would be out of work in 2009 and the unemployment rate could reach 6.8%, the highest level since 1991, under the influence of the international financial and economic crisis.  The International Labour Organization predicted in March this year that the global jobless population would increase by 24 million to 52 million in 2009 compared with 2007, while the new forecast would raise the figure to 39 million to 59 million. This is entitled "2009 full ...

Top law requires strict review of corporate layoffs

Influenced by the international financial crisis, the number of cases of labor disputes in the national courts has risen sharply.  In order to do a good job of the trial of such cases, the Supreme People's Court recently issued "on the current situation to do a good job in the labor dispute case trial guidance." The guidance points out that we should actively promote the harmonious and stable labor relations, try to maintain the effectiveness of the labor contract, and use the method of relieving labor contract carefully to solve the labor dispute cases. To properly deal with the disputes caused by the downsizing of enterprises, strictly examine whether the layoff of the employing units conforms to the procedures and conditions stipulated in the labor contract law. Xinhua)

A US manufacturer's Readme: China taught me a lesson

"International Financial Times Beijing," a North Georgia State button manufacturer made a puzzling move: the closure of factories in China. "Hey, America is always the best," said Angie Kastner, assembly line director of Scovill Fastener. "I don't want anyone to lose their jobs." But I'm really glad that Americans have a few more jobs. "It is a rare cautionary tale that Scovill withdrew from the cheap Chinese market and withdrew to the US.  China is not a paradise for all manufacturing. Scovill's president is the first ...

The total sales of the national marketing cooperatives system in the first 11 months super trillion yuan

Xinhua Beijing, December 11, China's national supply and marketing cooperation head of the responsible person said 11th, the national Marketing system has been actively responding to the adverse effects of the international financial crisis, in the first half of the total sales from the decline to rise and steady growth on the basis of the second half of the growth rate further accelerated.  January-November total sales amounted to 1,035,219,000,000 yuan, an increase of 13.54%. According to the person in charge, in the face of the domestic fertilizer market weakness and steep price decline of the grim situation, the system fully play the role of market main channel to ensure the supply of agricultural supplies and market stability. 1 to 1 ...

China surpasses France as the world's fourth largest tourist consumer

"International Financial Times Beijing," The United Nations World Tourism Organization announced in Wednesday, China more than France in 2009 years, the world's fourth largest tourism consumer country.  China's outbound travel spending in 2009 was as high as $43.7 billion, up 21% from 2008 ($ 36.2 billion).  Germany remains the world's largest tourist consumer, with outbound travel spending of $80.8 billion, but less than $91 billion trillion in the previous year, followed by the United States and Britain. The World Tourism Organization estimates that China's outbound travel will reach 100 million by 2020 (2005 to 31 million). “...

Top law requires strict review of corporate layoffs

Influenced by the international financial crisis, the number of cases of labor disputes in the national courts has risen sharply.  In order to do a good job of the trial of such cases, the Supreme People's Court recently issued "on the current situation to do a good job in the labor dispute case trial guidance." The guidance points out that we should actively promote the harmonious and stable labor relations, try to maintain the effectiveness of the labor contract, and use the method of relieving labor contract carefully to solve the labor dispute cases. To properly deal with the disputes caused by the downsizing of enterprises, strictly examine whether the layoff of the employing units conforms to the procedures and conditions stipulated in the labor contract law. Xinhua)

Shanghai mayor meets Barclays chief executive

Yesterday afternoon, Shanghai Mayor Han Zheng met with Wei Jun, chief executive officer of Barclays Bank in the city's VIP room.  Han said Shanghai welcomes the participation of various Chinese and foreign financial institutions in the construction of Shanghai International Financial Center. Zheng said that he congratulated Barclays on becoming a sponsor of the UK Pavilion at the 2010 Shanghai World Expo, and that the design model and design concept of the UK pavilion had been well received, and that the UK pavilion would become one of the most popular exhibitions during the exhibition next year. He said that the preparations for the 2010 Shanghai World Expo are progressing smoothly, with 239 countries and international organizations ...

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