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. "

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.

current

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

World Bank; Accelerating Economic Growth in the United States. Commented.

America and other rich countries for the first time after five years to recover from the effects of the economic recession begins to contribute more to global growth begins.
  According to a new report published by the World Bank next year in government spending on economic growth in less downtime shares will be canceled . Andrew Burns, World Bank Global Macroeconomics Officer: " The growth in the American economy last year's 1.8 percent this year from 2.8 percent rate increase to anticipate that."Some key sectors of the economy including real estate too is affected by changes in interest rates. Low interest rates, and businesses of obtaining a mortgage loan to invest in new equipment is easy to grow.
  Bank of America, so it is trying to stimulate the economy by lowering interest rates. This plan is part of the bank's bond purchases exist in billions of dollars every month. However, the Central Bank is preparing to reduce bond purchases.Because of the long-term bond purchases that could damage the economy as inflation led to a boom .Greg McBride, if the economy grows slower rise in interest rates would not be harmful , says: " Long -term interest rates will rise gradually in 2014, we estimate the short -term interest rates would not change 're around. "
 Increased production of energy in America, the rise in interest rates may offset the impact. Oil industry experts, by the method of hydraulic fracturing of shale oil extracted from oil and gas production increased rapidly in the United States, he says.
  According to the American Petroleum Institute President Jack Gerard , the increase in the supply of natural gas to reduce energy prices, this would work for U.S. producers: "More of obtaining full time employment and income. We can achieve this by increasing the production of energy."
 The shale oil obtained by hydraulic break , is rapidly expanding oil production in the United States . The cost of crude oil imports are falling, so consumers can spend their money on other products and services.However, according to environmentalists , fossil fuels accelerates climate change , hydraulic fracturing method gives great harm to the environment.

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 .

What has changed at the FED?

Leading provider of financial market of the world to the U.S. Federal Reserve ( Fed ) will be headed by a woman now . Janet Yellen is wondering monetary policy will follow .
In short, the Fed called at the beginning of the U.S. Federal Reserve will no longer be a woman . In terms of world financial markets, the Fed is considered most important institutions . Central Bank, the principal unit determines the rate of the dollar amount of money can take advantage of the market is placing limits .
Fed chairman is extremely powerful and yet so responsible a position that you want . With a history of nearly one hundred years the first woman to head the Fed , economist Janet Yellen was brought .Some commentators , German Chancellor Angela Merkel and International Monetary Fund President Christine Lagarde to head after the Fed Yellen, following the introduction of the world financial markets has been entrusted writes that the three women . This diagnosis may be true but it does not matter . Because of changes in monetary policy is expected.
New York City's German / American Chamber of Commerce president Diemer Rieger is the Fed 's dual mission , on the one hand while maintaining price stability, full employment, on the other hand says that the goal arms .
The biggest problem for the U.S. economy right now is unemployment.

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

.

Developments in the U.S. economy was noted.

American central bank, the Federal Reserve said on Wednesday monthly bond purchase program from $ 85 billion to $ 75 billion , announced that it has reduced . American central bank Fed's asset purchases from January 40 billion dollars per month treasury bonds and mortgage-backed bonds to amount to 35 billion dollars . Janet Yellen, in February next mission prepared to hand over to the Federal Reserve Chairman Ben Bernanke , Yellen also have a say in the decision is taken , and will continue this line had stressed during the presidency .Bond purchase program triggered by the real estate crisis that erupted in 2008 after the global financial crisis issued was part of a comprehensive stabilization package . Fed to stimulate business so far about 3 trillion dollars pumped into the American economy .Some analysts therefore the decrease in bond purchase program interprets the American economy began to recover . Finance expert Holger Schmieding " Fed in this way , American conjuncture counteract this be strong enough to show that . Yeah, that's the American central bank conjuncture to the power of a kind of confidence . Financial crisis trough long ago have left behind ," he says .

Finance expert Holger Schmieding "U.S. recovery in the world economy for the good news. U.S. but also in Germany and England as well conjuncture empowerment to other countries economies through exports animation gives more. Coming years the world in many parts of the growth will be experienced in the world conjuncture, a little over three percent of the United States, at 2.7 percent in Germany, 2.1 percent growth would at least think, "says Cohen.

TAF can not receive EMPLOYEES SALARIES IN THE USA!

U.S. afge union of public employees in the public sector according to a statement from the agenda of the pay cuts was noted that a total of 1 million workers affected. The distribution of workers by the Authority will not receive a salary as follows: Ministry of Commerce of the 40 thousand 234 to 46 thousand 420 employees will take unpaid leave.
A total of 98 percent of NASA employees (15 thousand 400) permission to send. Ministry of Health personnel engaged in research will not pay. 90 thousand employees from the Ministry of Finance's tax collection department to go on leave. 18 thousand employees will not receive a salary from the Ministry of Justice.

The official page of the White House yesterday, "Congress about the budget to fulfill the responsibility of the numerous public institutions will be closed" announcement was made.

2014 WORLD ECONOMY

Advanced economies' growth continued downward movement . Many emerging economies , slowing down growth of 4.8 per cent per year to declined 1 percent annual average growth of advanced economies was . 2.9 percent below average global growth occurred in 2014 after a year what is expected for the world economy ?in both developed and emerging markets will experience a modest increase economic performance . Advanced economies last five years will start to see the benefits of the difficulties experienced . Private sector borrowing rates are low ( income households , banks, non-financial corporations ), financial barriers and monetary policies protecting percent annually as a result of the application of 1.9 growth rate will reach .
Moreover, low profitability , high- energy shock in 2014 as the unseen risks will be less conspicuous . For example, Eurozone collapse , the U.S. government's shutters closing or the debt ceiling fight , the Chinese economy hard fall , Israel and Iran nuclear issue, there will be another war , all these threats are much more subdued and is unlikely to .Still, the most advanced economies ( U.S., Euro Area, Japan , United Kingdom, Australia and Canada) growth will reach barely or never reach their potential . Household incomes of most developed economies , banks and non-financial companies to be printed with high borrowing rates , this will require a reduction of the borrowing rate . High budget deficits and public debt burden of the government will be forced to continue the painful monetary arrangements . Policy and regulatory uncertainty abundance of private investment spending to keep under control .
In addition, the appearance of long-term economic restrictions moisturizes 2014 . Human and physical capital in developed economies for many years yet occurred the negative impact of adequate investment in productivity growth is affecting developed economies , and therefore many of the attractions in the risk of an economic recession have grown continuously . To reach the true potential of these economies is a very slow structural reforms needed to be fulfilled.Lower than in the euro area , though unseen risks , the basic problems still unsolved case . Low growth potential, high unemployment, already high and rising public debt , competitive power and the loss of labor wages slowly lowering ( a strong euro it makes it harder ) and banks ' ongoing borrowing rates drop because of overly tight credit restrictions Eurozone ' of the most fundamental problems. Meanwhile, a banking union will be slow and progressive process of austerity along with fatigue continued to grow despite the political risks for the establishment of a monetary union with no steps will be taken .Japan 's deflation in the economy two decades , Prime Minister Shinzo Abe's government against the monetary easing and fiscal expansion was the remarkable improvement . The greatest uncertainty would increase Japan's consumption tax and Abenomics called structural reforms and trade liberalization transition to the third reading of the application will be slower than necessary.2014 performance of the U.S. economy from shale oil revolution , employment and housing market developments and manufacturing industries back into the country again , - the offshoring of production " reshoring " in the - will benefit . If downside risks (especially considering the midterm elections will take place in November ) political deadlock in Congress that may arise . This will limit the long-term fiscal consolidation process , the Fed's quantitative easing and zero interest period at the outlet of political attitude and will continue to obscure regulations .

major risk of the U.S. economy has recovered

Democrats and Republicans in the U.S. Congress inability to reach consensus on the budget crisis began, more than 1 million civil servants has led to the removal of the mandatory permission.
According to experts, which cost the U.S. economy $ 300 million a day into the crisis, if not end until October 17, the U.S. government unable to pay its debts may fall and this may adversely affect the global market, it was stated.

Fitness Jen Selter with Workouts

2014 targets announced in the U.S. economy

The global economy is entering a new era of 2014'l . Recent data in 2013 that marked the uncertainty of the economy in the new year show that slowly disappear . However, economists still cautiousU.S. unemployment rate is still high . The debt crisis in Europe to create problems , China's economy continues to slowdown . Here's what to expect from the economy in 2014 .Increasing the number of people who work in the United States , the economy entered a period of rapid growth in the last two years and the budget approved by the Congress , the government has eliminated the threat will lead to the closure case .
 The global economy is entering a new era of 2014'l . Recent data in 2013 that marked the uncertainty of the economy in the new year show that slowly disappear . However, economists still cautiousU.S. unemployment rate is still high . The debt crisis in Europe to create problems , China's economy continues to slowdown . Here's what to expect from the economy in 2014 .Increasing the number of people who work in the United States , the economy entered a period of rapid growth in the last two years and the budget approved by the Congress , the government has eliminated the threat will lead to the closure case .
 Small businesses are supporting John Arensmey , a better environment for business in 2014, predicts. Arensmeyer , according to a government shutdown unless such a situation happening again may well be a better year in 2014 .

However, according to economists Uri Dadus , a 7 per cent growth forecast for China's economy in the region even be an extremely effective means . Dadus , China 's economy will slow down in the next one to two years , but in many countries, even in the case of China will continue to be the locomotive of the opinion .
The increase in demand from Cambodia to Japan is bringing benefits to many countries of the European economy remains fragile .The European Commission , in 2014 , will slow economic growth in the 18 countries that use the euro , has predicted that unemployment will increase .
 By Uri Dadus , despite reforms in the banking sector rescue package of austerity measures in the countries of the European economy continues to be a burden . Italy 's head is in very big trouble stating Dadus , Spain, Portugal and Ireland are also found in the complex will take years of exiting argues.Bank of America decided to cut in the Fed's bond purchases effects of the global economy will be immediately apparent . According to economists , the economy, commodity raw material prices fall next year azalacak.daduş sourced income countries , these countries between Turkey, Brazil, Hungary and Indonesia was also noted.

Peter Schiff We re in Depression, Dollar Crisis Coming 2

U.S. debt ceiling is increased in the global economy took a breath

IMF Managing Director Christine Lagarde, U.S. debt ceiling raise the Click event of the global economy could slip into recession warned.

At the same time suspended services in the United States in many public employees will start working again.

Republican and Democratic leaders in the Senate earlier passed the Senate agreed on the draft resolutions.

The motion put to the vote in 18 games, no provision was adopted with 81 yes votes.

Later, the House of Representatives voted on the motion, corresponding to 144 no 285 yes votes was approved taking.

House of Representatives Republican leaders reluctantly backed Republicans to vote against the motion were numerous.

President Barack Obama's decision to sign this morning was enacted.
Immediately after the adoption of the resolution , U.S. President Barack Obama makes a statement , " to regain the trust of the American people , including a lot of work in front of that ," he said .
Senate Democratic leader Harry Reid in the early hours of motion in his speech as "historic" , he described the long -term budget deal to Congress for the time said he knew it .
Recommendation may be submitted to the Senate and the House of Representatives under the plan will be created with the participation of members of the long-term budget agreement, a committee will be tasked with .
Reid "Our country came to the brink of disaster . This law that stops Washington's work was terminated uncertainty ," he said .
Reid to interview Republican leader Mitch McConnell in the Senate , in case of adoption of the law is suspended and default on government services will begin again denied the deduction because "sure" said .

Latvia is participating in Euro

Latvia is participating in Euro

Baltic countries Latvia, from 1 January 2014 will start using the euro currency. The number of member countries of the euro area will thus be 18.

A new countries are joining the Eurozone.

From 1 January 2014 the euro currency in Latvia through the 18th member of the Eurozone countries will be.

Baltic country with a population of 2 million, since 2004 a member of the European Union is the free market.

Positive developments in the country for the introduction of the Euro was formed in June of 2013.

Latvian nationals in local currency from January 1, the 'LAT will be able to pay any price change with the euro.

Each of the two currencies will be effective in two weeks later after the transition process will cease to be legal tender.