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ECONOMIC NEWS

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CURRENT NEWS ---

Davos meeting begins ---

The town of Davos, Switzerland, this year 44 Welcomes the World Economic Forum.

This year over 500 exhibitors from 100 countries will visit two thousand in the forum, more than 40 heads of state will be found in more than 1,500 corporate leaders.            

Davos

Iranian President Hasan attention isimlerse Spiritual, Israeli Prime Minister Benjamin Netanyahu and the Kurdish Regional Government President Massoud Barzani.
Of spiritual "Iran's place in the world" speech titled interested in seeing is expected.

Politics and business meetings bringing together the leading names in the "New World Order and its Effects" will be discussed.

Global energy security will be discussed at the Davos meetings will end on January 25.

Bill Gates would remain until 2035 Bookmakers had the poorest countries in the world.

Software giant Microsoft founder Bill Gates optimistic prognosis for the future of the world came.
With his wife, Melinda Gates, Gates, who wrote a 25 page report in 2035, according to World Bank classifications when it comes having almost no poor countries, he said.

"Poor countries are not always doomed to remain poor. Developing countries already evolved even a fraction of those called" the Gates speaking, of all countries in 2035 to at least "medium to low-income" predicted would be the case.

"The world in almost all respects, as ever in good condition" Speaking as Gates, "People longer and healthier lives lives. Extreme poverty 25 years ago by the halved been the case. Infant mortality is declining. Earlier in need of assistance, many countries are now self can self "

Bill GATES

Crisis in the U.S. has ended

U.S. President Barack Obama and House of Representatives Speaker John Boehner depicting 16.7 trillion debt limit increase, and the U.S. in the negotiations which refers to these sketches everywhere. Congress that took place in the third week due to budget dispute within the federal government shutdown and debt limit debate, allowed for the television talk show in the joke of the internet has been the subject of hundreds. But the situation has now become so old, like an American wrote in a Twitter message: "Off to laugh at a joke, but I can not laugh anymore on this debt ceiling joke. Do not frighten me. Come on, man, raises the following ceiling."

Crisis in the U.S. has ended.

In the Senate wing of the U.S. Congress, to find solutions to the crisis ongoing since Friday for the first time yesterday working intensively concrete has reached a stage. And Senate Majority Leader Democrat Harry Reid and Republican caucus chief Mitch McConnell of time bumpy negotiations result, yesterday at noon, the two sides government open, the U.S. default risk will save you a plan agreed upon was learned. The formula until January 15 that the federal government is authorized to spend from the budget, until February 7 around a bill authorizing the borrowing occurs, it was learned. However, during this time, representatives of both sides of the long-term budget cuts will work on a program specified.

If American politicians today TSI 07.00 U.S. if they can not agree on a plan to increase the debt limit in the hands of the U.S. Treasury $ 30 billion in cash and pay bills that need to be left alone. Today the U.S. has $ 120 billion in debt auctions rotation. Normally, investors holding bonds in the hands of such auctions and allows the debt to be returned . If these bills and the other recipients will not have to pay the U.S. government remains in all, it can not pay the debt of the United States and will be in default means . A single installment of an ongoing mortgage loans mortgage loans instead of requesting from you all a situation like this . However, this probably will not happen , and the U.S. Treasury Department 's roll debt with cash on hand and debt interest will continue to pay the bills for a while. According to the calculations made an agreement not be achieved, the default between October 22 and November 1 will take place at a later date.

Hope of the unemployed in the U.S. is dwindling.

Five years after the outbreak of the financial crisis, many indicators , suggest that the American economy begins to heal . Gross National Product, the fastest growth in the last two years has level access . The unemployment rate fell to pre-crisis level . However, despite this good news for unemployed Americans in 2014 , a year can be extremely difficult to pass .Kathy Biscotti, on the last day of the year was pretty desperate :
" 51 years old , was born in Baltimore , grew up . My father plumber, my mother was a nurse. I worked very hard for everything I've achieved in life . "
Working as secretary Kath, lost his job six months ago and the last on December 31 received unemployment benefits : " I got 332 bucks . I need to decide what I should do . If I give money to my landlord will not be nothing in my hand . "
Kathy Biscotti, which is in the same situation one of 1 million 300 thousand Americans . Congress of unemployment benefits on December 28 had decided to discontinue . According to conservative politicians after 26 weeks of appropriations extended, pushing the jobless give up looking for work.

 With the start of economic recovery and the proponents of the extension of the duration of unemployment benefits is losing support. However, those unemployed for 27 weeks or longer, the number is still at record levels. These individuals accounted for 40 percent of all the unemployed.

How will the European economy in 2014?

Reform their economies and budgets according to the regulations imposed by the EU member states trying to do to get rid of the crisis ? High rates of unemployment for people suffering with conflicting government to implement the prescriptions? Lowering the latest France's credit rating at the door, a sign that a greater danger? Germany will continue to support euro area countries?

Our guests ING Bank Business Specialist Carsten Brzeski , the Euro Zone 's better to go to the start , but still totally in good condition, that also in 2014 for the EU high unemployment and public debt as problems to overcome to work pretty hard to be a year , he said.
Another issue of the European Parliament Vice President of the Socialists and Democrats group members Anni Podimat if the economic, political , and social aspects a more stable environment to create a foreground financial regulation rather than budget, the strict austerity program implementation gereketig defended . Anna also people that rely on the EU's rescue project , this distrust also need to change the path taken as a sign of the most important , he said .
Finally, Zsolt Darvas of Bruegel think tank experts in Economics from the European Commission is optimistic for the future but still continued instability , he said. Zsolt In addition to the high levels of unemployment in some countries to deal with the more populist governments to pass and it also can result in the EU , could be another crisis was revealed .

the dollar is in trouble

U.S. 10 year bond interest rate in the world of hot money movements have a significant effect stressed that the economists of these bonds 3 percent above the event that investors the world's largest economy rise in interest rates to take advantage of their portfolios will change states. In this case, particularly in emerging markets and gold, large investors to hedge their risks more may lose its appeal in recent years about.

U.S. investors against the risk of rising inflation in the U.S. economy stronger to hedge the U.S. bond market is demanding high interest rates.
According to economists to exceed 3 percent of the U.S. 10-year bonds to investors outside the United States will appeal to hedge their risks.

The U.S. economy will grow in 2014

U.S. economic growth next year will show the optimistic opinions about the judge.
Was pulled down in October 2014, the IMF forecast the U.S. unemployment rate stemming from positive developments in the next three weeks gonna fix it up .

In 2013 there has been a shock . The European Union in crisis hard undulated period have been left behind , like a weak economic growth, said konusu.geç week in Lawrence Summers , the IMF conference, as well as the Financial Times, the interpretation drew attention : It fiscal expansion, despite still inflationary pressures yet. In other words , capitalist economies will clear the huge debt burden , will stimulate aggregate demand " surplus value " still can not manufacture . In contrast to the feeble economic recovery , even MB balance brought large loads .
IMF pushes optimism tend to give negative marks closing of one week , was testimony to the fragility of the situation . December unemployment data in the United States lagged behind even the most pessimistic expectations

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