India a number of private telecom companies attacked the Indian telecom companies to charge high network connection fees, in violation of the regulatory requirements of the Telecom Regulatory Authority of India, accused the state-owned telecommunications enterprises to adopt illegal means mandatory, threatening to interrupt Rajasthan Telecom services. Telecommunications network in Rajasthan, the Indian telecom companies threatened to take action against a number of private telecom companies, because they do not have to pay Rs 376.5 million in service fees. India's mobile operators Association and the unified ISP Union in India issued a joint statement said the Rajasthan Telecom customers, the Indian telecom companies attempt to interrupt customers and private telecommunication enterprise network connection service action is illegal.
United Auto Workers union and Ford Motor CoWorld Steel Pipe . on Tuesday reached an agreement to agree based on a daily basis to extend the contract between the move to avoid a strike of the United Auto Workers that may occur, in addition to trade unions and GM and Chrysler negotiations are close to produce a result. Agreement of trade unions and the Detroit automobile factory owners in 2007 is scheduled to expire at 12:01 pm Tuesday. The union president Bob King said he wanted to avoid a strike, Ford Motor Company since 1976 have not yet experienced workers discontinued. Although the month, 95 percent of Ford workers voted in favor of the breakdown of negotiations on the launching of the strike, but labor experts say the probability of occurrence of workers from the factory. Ford is the only vendor to allow the workers to strike in the U.S. Big Three auto companies, GM and Chrysler workers to get federal bailout loans, as a precondition to give up the right to strike this year.
British National Bureau of Statistics announced on Tuesday that the UK August consumer price index (CPI) rose 4.5 percent. Compared with 4.4 percent in July consumer price index, which is only a moderate increase, but economists warned that worse time yet to come. Office for National Statistics said that the prices of clothing and footwear increased by 3.7%, and higher natural gas and electricity prices is to promote a major factor in rising inflation in August. Bank of England has failed to achieve its inflation target of 2% since early 2011, the CPI has been at least double the inflation target. UK households suffering from the rising cost of living and wage growth slowdown plagued consumers' disposable income is also reduced. England in August including mortgage costs, including the retail price index rise, rose to 5.2 percent from 5 percent in July. Despite rising inflation, economic growth prospects, the Bank of England Monetary Policy Committee (MPC) is unlikely to be in the coming months to raise interest rates. Economists expected to stimulate the economy, the MPC may be the earliest in October this year to restart its quantitative easing program. It is through the purchase of assets, mainly government bonds, has £ 200 billion of liquidity into the economy.
U.S. Census Bureau on Tuesday released a report, the nation's poverty rate rose to 15.1 percent in 2010, is the highest point since 1993. This data is also very image of the proof the U.S. is unable to get rid of the delay effect of the recession. Last year, 46.2 million poor people in the United States, add 290 million more than in 2009, the poor is the fourth consecutive year of growth. 2010, the population living below the poverty line to the highest point in recorded history, the poverty standard is currently set to the family of a four earning less than $ 22,314. The continued poor growth is the poor performance of the U.S. economy, has caused 14 million Americans unemployed; the past 27 months, 25 months, the unemployment rate higher than 9%.
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following the September 14 financial headlines of global media
Times of India "Indian private telecom companies attacked the Indian telecom companies illegal
steel futures weekly / monthly analysis report
Daily Telegraph: UK inflation rate rose to 4.5% by energy and clothing prices helped
Toyota Motor Corp. Tuesday announced it will invest 26.3 billion yen to build a second plant in Indonesia to meet the growing demand for cars in the Indonesian market. Toyota currently has a factory in Indonesia Niagara Juan This new facility will be put into production in early 2013, production of low-cost mini-car, the Toyota production in Indonesia is expected to increase from the current 110 000 180 000 . With the gradual increase in the Indonesian automobile market, Toyota plans to increase local production to increase sales, Indonesia has become the hub of Southeast Asia's leading car manufacturers. Toyota president Akio Toyoda held a press conference in Jakarta, held in Toyota's investment in Indonesia, the 40th anniversary of celebration, he said various car manufacturers are concerned about Indonesia's automotive industry.
Bank of England Monetary Policy Committee (MPC) member Adam Posen, Adam Posen on Tuesday again called the MPC colleagues, ignore the current rise in inflation, support the adoption of emergency measures to promote England's weak economic growth. Posen warned that the G7 central banks of other countries and MPC has been delayed for too long to take action. He said that the United Kingdom beyond the target inflation rate should not become an obstacle to inject liquidity to the market immediately. The American economist said, the current world economic situation is unprecedented grim - the economy in recession, countries trying to cut the budget deficit, as well as all the Western economies are facing the same problem. Official figures showed on Tuesday, August consumer price index to measure the annual inflation rate rose to 4 World Steel Pipe News .5 percent from 4.4 percent in the last month, its highest level in nearly three years.
Washington Post: U.S. poverty rate in 2010 rose to 15.1%
"Financial Times": Britain the Ministers were asked to intensify austerity
"Japan Times, Toyota plans to build a new plant in Indonesia
today nationwide local businesses offer summary
opportunity to attract
"USA Today": Asian Americans in search of employment
"The Guardian": Bank of England Posen once again called for the introduction of more quantitative easing government
New York Times: Ford and United Auto Workers trade union reached a contract agreement
in the context of the weak economies of Europe and the United States, the more Americans to choose the Asian Development personal career. Major U.S. companies such as General Motors and Caterpillar, is Asia's rapid expansion, leading U.S. executives to key positions in the Asian local transfer from the United States. Headhunters data show that more and more Americans are interested in the prosperity of Asia, Hong Kong, Singapore, China and India are all Americans favored the employment areas. According to the Manpower survey data, the employment prospects of the Asia-Pacific region may be the most robust worldwide, especially in the field of sales, management, and retail. According to the employment agency Korn / data of the Ferry, executive income in Singapore, China and Hong Kong are usually higher than the United States at the same level of others to get income, in addition to housing and education subsidies are also an attractive factor.
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British coalition government began to strengthen the determination of fiscal austerity. As Deputy Prime Minister, Nick Clegg said, is now a "bleak" new economic realities. UK Treasury Deputy Minister of Danny Alexander told cabinet ministers on Tuesday to redouble our efforts to reduce the expenditure of their respective departments, and warn them to prepare to deal with emergencies, financial reserves will not save them when they exceed the budget . Monday night, Alexander also sent a letter to the British Government's permanent official, warned that the Treasury is not to inject liquidity into the new spending commitments. In the first cabinet meeting, the Chancellor of the Exchequer Osborne told the cabinet members short introduces the current deteriorating economic outlook, including the uncertainty of the debt crisis in Europe, export Depression and the U.S. market.