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September 26 International Financial headlines

Release Date:2012-05-05  Hits:122
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New York Times: Amazon Tablet PC to the Apple iPad challenge


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Japan Sendai Airport are all open on Sundays, restore the daily international flights taking off and landing and normal operation. The mayor of Sendai airport to celebrate the ceremony, said he hoped to restore passenger exchanges and commodity trading, to help rebuild Japan's hardest hit Northeast. Asiana Airlines president, said the company will resume as soon as possible to daily flights, Asiana Airlines to become the airline of taking off and landing of the Sendai Airport after the earthquake, the first international flight, the remaining four routes international flights will resume in October this year to next March, operations. Sendai Airport had been affected in the earthquake and tsunami severely damaged airport terminal, runway, completely submerged, fully restored in September.


Daily Telegraph: British opposition to Britain must return the balance


analysis pointed out that prevents Americans increase consumption factors are as follows: 1) unemployment, current unemployment rate of 9.1 percent, almost weekly increase in unemployment, so people prefer to save instead of spending; Another side effect of the high unemployment rate is lower wages, because companies know they can easily find a replacement for staff, the average lower wages to employees who need to pay higher and higher medical and retirement insurance, reduce their consumption; ) political deadlock, the debt ceiling in August prompted Standard & Poor's lowered the credit rating in the United States, to make future business outlook is uncertain; 3) European debt crisis, the news every day, that Greece might to the reporting on debt default, these reports do not seem enable consumers to calm down; 4) age, Americans are at the stage of aging, older people tend to reduce spending.


"The Times of India rupee devaluation led to Indian companies increased by $ 2,000,000,000 of foreign loans


"Guardian": Avoid Greece breach of the European Union only six weeks


England opposed to the shadow cabinet Chancellor of the Exchequer, Ed Balls, Powles commitment, he will propose a package of proposals in order to avoid the United Kingdom into a zero-growth, to avoid a lost decade, the British financial return to balance. Labour shadow finance minister in Liverpool, said he will work to cut the budget of the welfare, education, and government buildings. Powles stressed that the government's budget should be the financial responsibility of the Office of Independent Oversight. He said that before the next round of elections, the Labour Party's campaign strategy is a set of stringent financial plan, the government pulled back from the deficit in the balance. He said the ruling coalition, the performance in the euro zone crisis, while the previous incumbent Chancellor of the Exchequer Osborne has said the policy of the Labour Party has no control budget and expenditures.


Japan Times Japan Sendai Airport resumed operations


International Monetary Fund (IMF) said the euro area, Europe could take the current 44 billion euros European Financial Stability Fund quadruple in order to ensure that Greece is not the ultimate breach of contract. EU governments must be within the next six weeks to establish a financial firewall to protect the fragile banking system, from the impact of a Greek "doomed to default". The IMF and the European Union next month will be Greece aid and to ensure that the operation of this government; at the IMF meeting in Washington on the weekend, the organization's attitude in the short term to ensure the rescue of Greece to the European time to resolve the crisis. Creditors of Greece, since the 18 months after the outbreak of the crisis, lack of a solution, adding to the debt crisis in Europe. The IMF communiqué stressed the importance of action of the euro area, and decided to set up a mid-October, the best period for the reform of the euro zone rescue fund.


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the world's major economies and the IMF on Saturday to put pressure on the euro zone leaders World Steel Pipe News , urging them to resolve the protracted financial crisis. In a speech to the International Monetary Fund Oversight Committee, U.S. Treasury Secretary Timothy Geithner is no cover up that the 17 euro area countries as soon as possible to solve the problem, the world will face the worst situation. A series of meetings the IMF's European debt crisis as the central topic of Geithner's warning will be even more so that it become the focus. The U.S. Treasury has been urging Europe to take solid steps to prove that governments and central banks in the region would support Greece and other countries, to support their financial systems.


the

the Financial Times: UBS chief executive Grübel resignation


Washington Post: U.S. Treasury Secretary urged the euro area to solve the financial crisis


According to two people familiar with

, UBS (UBS) board of directors refused to support the chief executive Grübel (Oswald Grübel) reform of the bank's strategy and corporate governance program, after the resignation of Grübel. Grübel announced his resignation on Saturday, 10 days before the news broke, a trading scandal that the Swiss bank losses up to $ 2.3 billion, he stressed that this is a personal decision that he personally is responsible for this loss. He wrote in a note addressed to the staff letter: "I believe that a new leader to lead UBS into the future, in line with the best interests of UBS. "In a meeting last Friday, Grübel get the unanimous support of the Board and hope that he will continue to serve as Chief Executive Officer.


Indian rupee devaluation affect the profitability of Indian companies, resulting in the increase in foreign loans, the loan amount increased by more than two billion U.S. dollars this year. In recent months, Indian companies have increased their foreign loans in order to reduce the rise in interest rates increase borrowing costs and liquidity constraints of the domestic market, but rupee continued to depreciate to offset the favorable impact of these initiatives. August this year, the rupee against the U.S. dollar exchange rate was 44 rupees to $ 1, is currently close to 50 rupees to the dollar, exchange rate depreciation is more than 12%. January 2011 to July, the Indian companies raise funds through foreign commercial borrowing of nearly $ 21 billion, higher than the 2010 full year $ 18 billion, and loans to Indian companies including Reliance Industries, Indian Oil Corporation, Indian Airlines.


"USA Today": to stop the Americans increase consumption factors


Apple will usher in the biggest challenger in the Tablet PC Amazon. Analysts predict that online retailers will soon launch its own brand of Tablet PC, which is to strengthen the color version of the company's Kindle e-book reader, the iPad challenge in terms of price, and plans were sold during the Christmas season two million units. Barclays analyst Anthony pointed out that the company ultimately wins, the consumer will be the winner; his view, Amazon is making substantial investments, this fact will enable Apple to reduce the market price of its products. Analysts said this Amazon tablet PCs, the most likely sales price of $ 250 is half the price of the entry section iPad; its screen size is 7 inches, slightly less than 10 inches, the iPad World steel pipe network editing , Amazon may will be launched next year, a larger screen size Tablet PC. Amazon has arranged to hold a press conference in Manhattan on Wednesday, a message that Amazon will launch its Tablet PC technology blog and analysts.

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