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7.04.2014

economy news

ECONOMIC NEWS

20.03.2014

Bank of America has reduced asset purchases.

Bank of America has reduced asset purchases.

Bank of America , the Fed lowered the bond purchase program for the third time in a row .
Bank of America , held its first meeting was chaired by Janet Yellen . Market waiting impatiently asset purchases in the two -day meeting it was decided to reduce the third time . Thus, the monthly asset purchases of 65 billion dollars , 55 billion dollars has been reduced . Earlier, the bank which USD 85 billion in asset purchases had gone twice interrupted .
Bank of America has reduced asset purchases.

Bank management when interest rates will change brought a new perspective on the topic . Unemployment and inflation rates before focusing on management , lots of data to increase interest rates will assess announced . Banks increase interest rates will not be made before 2015 gave the signal .The decisions taken by his predecessor, the new President Yellen said Ben Bernanke's monetary policy was continued .
U.S. unemployment rate 6.7 finally fell to 6.5 percent as the Fed is nearing the threshold set .

26.02.2014

UKRAINE economy is experiencing its worst days.

UKRAINE economy is experiencing its worst days.

Ukraine parliament, Yanukovych's prosecution in the International Criminal Court after being caught draft resolution agreed.

Ukraine parliament , Yanukovych 's prosecution in the International Criminal Court after being caught draft resolution agreed. On the other hand, the economic crisis of the political crisis in the country is watching.
In the grip of economic crisis in Ukraine in order to escape from bankruptcy next two years to about $ 35 billion financial aid needs . Moscow government in Ukraine association agreement corresponds to abandon the $ 15 billion in financial aid and 30 percent discounts on the price of gas had promised . However, this assistance comes three billion so far only a portion was released.
UKRAINE economy

Said financial support from the EU came to Ukraine . However, the European Union High Representative for Foreign Policy Catherine Ashton, the EU's goal " is not to interfere support ," he stressed. German Foreign Ministry for European Affairs responsible secretary Michael Roth the Ukraine of the financial assistance , but " in the country of political stability and binding together an aid and stabilization plan, which may be implemented transitional government procurement case " might have been involved , he said. European assistance "for a moment before and comprehensive " Roth says that you need to take a step , but the International Monetary Fund (IMF ) , the United States and Russia said it could do with consensus .
In the U.S. assistance program to complement the IMF announced that it is ready to support . European Parliament Greens Group Co-Chair Rebecca Harms, Ukraine beginning to recover from bankruptcy only to help the IMF and the EU noted that they might have .
Harms, " Initially, the IMF and the EU urgently alone assistance having to be ready to think that they need . Been experienced bill again in Ukraine ordinary people on their backs loaded unacceptable. IMF's roughly one help to do would be disastrous . Western Ukraine capital outflows from the country to stop and return of stolen billion is essential to take the necessary steps , "he said .

24.02.2014

2014 will be good for the American Economy

2014 will be good for the American Economy

America's housing market during the global financial crisis triggered by the collapse of the growth in developing countries, has been a driving force of the world economy. However, the recent slowdown in the growth rate in these countries began to show. Economists in 2014 and the global economy continues to rebound again with the economic performance of developing countries in the opinion.
American Economy


In 2014 the American economy is among the risk factors that may contribute to the rise in interest rates and the rising debt of state and local government cites: "Interest is the increased risk factor for the economy. This is reflected in the housing loan. 30-year term housing loans at 3.5% 4.5% rose. This was detrimental to residential sales. In addition, the high debt of local governments also pose risks. Last year Detroit went defaulted on debt. This year, Puerto Rico is expected to apply in the same way. "

23.02.2014

2.5 billion people benefit from banking.

2.5 billion people benefit from banking.

2.5 billion people benefit from banking.
2.5 billion people benefit from banking.
According to the World Bank 2014 Global Financial Development Report , which corresponds to half of the adult population in the world still 2.5 billion people can not benefit from banking services .
The World Bank's Global Financial Development Report published each year (GDF 's ) main theme of the 2014 number is generating increasing participation in financial services .
The report primarily of technological innovations , including mobile banking , financial services in developing countries shows that a positive impact on participation .
Access to finance in the most comprehensive report ever prepared , corresponding to half of the adult population in the world still 2.5 billion people are unable to benefit from banking services are emphasized.
In the report, the World Bank President Jim Yong Kim began last month and e-currency accounts, e -mobile wallet technological innovation with the help of 2020 working age adults universal access to finance aimed at providing interference particular attention is drawn .
President Yong Kim , in his statement , financial services participation , efforts to promote the well- designed, people development path of strengthening a better way might be , stating whether it is a public financial regulator If you'd like a private bank , get everyone's access to financial services provision of countries' interests noted that .
Yong Kim , also for these developments throughout the world , referring to positive results can reveal information that may help to end the poverty gave their opinions .
According to the report , making it cheaper and easier access to financial services that poor people have profited most from technological innovation . Remote and scattered populated areas , especially those with low income economies , including the installation of bank branches outside the introduction of financial services have benefited .
Report this framework, the user can transfer the money to the store and offering a safe place puts the emphasis on cost- savings and debit accounts .
And burdensome for banks to offer low-cost accounts to stop use of the document and state aid to be deposited into bank accounts by electronic payment methods are particularly effective in the report as well as some policy issues are among the saved .
Responsible financial contributions at the same time consumers finance a better understanding of the requirements of emphasizing the report , starting a new business or mortgage loans refer to such a man's life the key moments of the financial education to be effective is arguing .

20.02.2014

Is hurting developing countries regarding their policies

Is hurting developing countries regarding their policies.

Is hurting developing countries regarding their policies.
In emerging markets than the U.S. Federal Reserve came to an explanation for the turbulence.

The Fed, in developing countries has led to a wave of selling in financial markets could be considered, while Turkey, Brazil, India and other countries own their policies are vulnerable to external shocks due to the fall, he said.

In a report presented to Congress yesterday, Fed "born in the middle of last year, the Central Bank of tensions significantly seems that it is the practice," he said.


His support through the Fed's bond purchases program will begin in a short period mid-2013 to end the description , in many emerging markets , in the stock market , bonds and foreign exchange led to a sharp decline .
This description could destabilize international shifts in the flow of money , saying it would be sparked global tensions . As an example , India's central bank president , the United States of the policies and how they affect other parts of the world saying that you should think better displayed.
' They should look in the mirror 'But the Fed's report by pointing to some of the responsibilities of developing countries , these countries have their own markets when assessing why it is so damaged that asked them to look in the mirror .
' The most vulnerable TURKEYFed leading analysts in 15 developing countries have created an index that measures the economic fragility . In this evaluation, the most vulnerable countries, Turkey is watching Brazil and India , respectively . This comes after countries Indonesia and South Africa . These indices , current balances and foreign exchange reserves , such as the economical production rate takes into account six factors .
' They should reduce vulnerabilities 'According to the Fed's analysis of the most vulnerable countries , the biggest loss of value of money and higher interest rates on public debt sees .
The Fed report, " This evidence , if the emerging economies is expected to be more resistant to shock , it is important to reduce economic vulnerability supports the view that " the statement said .

18.02.2014

The US economy grew by 3.2%

The U.S. economy, Americans are spending 3 years, with the advent of the summit of the 2013 year grew by 3.2% in the fourth quarter.

Today in Washington, data released by the U.S. department of Commerce, annual Gdp growth in the Bloomberg survey median estimate of economists was the same. in the fourth quarter of 2013, the growth of 4.1 percent in the third quarter, with growth of combine, in the second half of the year, and the growth in ending in March 2012, 6 months, since the most powerful half of the year amounted to. 70 percent of the economy, consumer spending, which correspond to the forecasts on increase of 3.3 percent and rose.

The US economy grew by 3.2%
Demands of the ascension of the economy in October, the government of the close of deductions resulting from the top. Decreasing of financial problems and the strengthening of the labour market is probably the 2014 in consumer and corporate demand keep alive, the Fed's bond purchases to reduce explains the reason.

Data before, "the Government in the area of the closure of the process, in spite of a very successful quarter," said Connecticut-based UBS Securities llc, as the economist Sam Coffin, "the Momentum will continue this year. The economy improved, but we'll see," he added.

16.02.2014

OBAMA took new measures

OBAMA took new measures.
Barack OBAMA


Obama , in his speech in American Development Center in the 1970s occurred in the country since the end of the income distribution , economic and social effects of disorders of the government intends to take measures briefed .
Speaking to the U.S. income distribution in the late 1970s since the constantly disturbed by expressing the beginning Obama , in the 1970s the top income quintile, located in the segment's total revenue to 30 percent , while today this rate to 50 percent be recalled.
Obama , 2 After World War II economic growth in the years a company director general of the average worker from the 20-30 times more than won , but today this rate 273 times up to the knowledge sharing , these changes partly technological developments share even though the economic policies of the role of overlooked we should not , he said.
" American dream " of equality of opportunity and a lot of work is based on Underlining Obama , whereby disadvantaged sections also upward social mobility sağlayıp from their parents a better life may have emphasized that . But the long- term ongoing social inequalities that hinder progress , and today many other developed countries , citizens of the United States noted that provides a better chance of promotion .


Obama , economic growth, more fragile , to be periods of recession more often occur and people together rely less on income distribution inequality in the negative effects found among the telling, today , at this point no longer inequality a racial or ethnic problem class problems believed to be emphasized. He 's also the country with the opportunities of a better life with his parents from his grandfather, Obama has stated that the " fight against inequality acts as a personal case ," he said .Their views on combating inequalities in income distribution, explaining the Obama mentioned the importance of economic growth for this purpose , whether income inequality cake remained stable or shrank stressed that the fight is not possible .
Obama , in balancing the distribution of income , pointing to the importance of education , higher education in creating the middle class has argued that the most effective way . Increasing the minimum wage has remained the same for decades in the United States advocating the idea of ​​Obama , it is not an ideological policy , many employees in the country everyone can live in dignity stated that fees should win .

15.02.2014

EUROPEAN ECONOMY is divided.

During the fight against the debt crisis in Europe as the most stringent employee and two allied countries provide the largest contribution to the recovery of the continent's two largest economies Germany and France, draws attention to the increasing alienation from each other.

This division of Europe sever ties holding it together for 60 years , it said.
Survey research center located in Washington , according to the EU in France last year was 60 percent favorable rating , fell to 41 percent this year . 19 point drop , the biggest decline among the EU countries surveyed was .
In Germany 60 percent of the people appeared to look positively to the EU .
Between the two countries in economic indicators, there is a serious division . In France, 56 percent of government expenditure to GDP ratio rose to 45 per cent in Germany
Unemployment in France to 11 percent , while only 5.4 percent in Germany.
France 's trade deficit of 87 billion 700 million dollars in 2012 to historic highs approaching, while Germany's trade surplus was close to a record 246 million dollars.