Due to the high unemployment rate, the United States to buy U.S. goods "campaign is quietly heating up. Monday is Labor Day, while the employment report last Friday showed unemployment rate was 9.1% movement proponents appeal to consumers in the past ignored the origin, the simple purchase of a practice they consider to be the cheapest product, initially richer developing countries, to keep the jobs of workers in the latter country. Good Morning America host Diane Sawyer, ABC television launched a "Made in America" part, said that every American to spend an extra $ 3.33 to buy U.S. goods that will eventually create 10,000 jobs. However, different views believe that buying products from China also has an interest. According to the San Francisco Fed study shows that the Chinese products for each additional expenditures of $ 55 cents into the pockets of the American businessman.
the UK to focus exclusively on the income of high income groups an independent investigative body - "High Commission" (High Pay Commission) survey report released Monday, the stock market rebounded sharply last year, the United Kingdom FTSE 100 (FTSE 100) index CEO (chief executive) of the constituent stocks of the company's unprecedented benefit from the equity incentive plan, their average salary soared from 3.09 million pounds the previous year to £ 4.45 million in the year. "High Commission pointed out that the highly complex and often opaque Equity Incentive Plan, the Board of Directors the remuneration packages of the most controversial. The equity incentive plan "staggering complexity" and that "there is no clear evidence to show that they can play a role. Many economists believe that the end of 2009 to 2010 to promote corporate executives pay rise in the share price recovery performance with the performance of enterprises do not have much relationship. During this period the stock price to restore a large extent, is the world's central banks to avoid global recession take drastic measures to reduce the long-term interest rates, while the indirect consequences. In recent months World steel pipe network editing , the company's share price has dropped.
following September 6, the world's major financial headlines of the media:
"The Guardian": average pay of the British FTSE100 corporate CEO in 2010 soared to £ 4.5 million
"Washington Post": Europe is still the economic integration efforts
"USA Today": the high rate of unemployment that the United States to buy U.S. goods "wave
September 4, living-Chun,
Japan's new finance minister said that the plan next month to submit its third supplementary budget for the program, support for raising public revenue, in order to reduce the economic burden of the reconstruction of the Northeast to ensure that the sources of financial funds. Living-Soon, was appointed last Friday Japan's finance minister, he said it would cooperate closely with the ruling Democratic Party and Prime Minister Noda, to avoid the economic stagnation of Japan. He hoped that on the basis of consultations of the inner ruling party, government and tax authorities this month to develop a plan to get the opposition in favor of the motion as early as mid-October and soon passed.
steel futures weekly / monthly analysis report
Indian car manufacturer Mahindra Group plans to expand M & A business in the UK and Europe to promote the software and outsourcing. Anand Mahendra, Mahendra Group General Manager, said the group plans to promote its software service provider Mahindra Satyam to enter the European market through mergers and acquisitions. Anand Mahindra, M & A of the IT business is part of the plan, present a good opportunity for Indian companies to provide channels to enter the overseas markets. Mahendra Group will be looking for in Europe, Australia and New Zealand specializing in health care and financial services industry, IT companies to make acquisitions. Mahendra Group last year of the automobile and agricultural machinery sales revenue of £ 7.7 billion, employs more than 11.99 million people, is the world's largest farm machinery manufacturer.
nationwide local businesses offer summary
The cash shortage, the U.S. Post Office this month, unable to pay the $ 5.5 billion payable, unless the U.S. Congress to take emergency action to stabilize the financial position of the U.S. postal system may be completely shut down this winter. Despite a series of painful cost-cutting actions, the United States Postal Service will reach $ 9.2 billion loss in this fiscal year. Sharp drop in the popularity of e-mail, personal and business users traditional letter mailing, the postal balance of payments and costs both under tremendous pressure. Labor costs accounted for 80% of the total cost of the United States Postal Service, and its two private competitors, UPS, labor costs 53% FedEx 32%. The U.S. Senate on Tuesday will hold a hearing, the United States Postal Service will rescue requests made in the report. However, as is currently in the less support the struggle of the two parties may be unable to approve large-scale relief.
data show that the United Kingdom August Markit, / of CIPS service sector purchasing managers' index from 55.4 last month fell to 51.1, indicating that the British services sector activity is much weaker than economists had expected. It was the largest decline since 2001, is also the second largest decline in history than previously modest decline to 54 forecast, but still above the critical 50.0 mark. UK services purchasing managers' index limits of 50.0, higher than 50.0, which represents economic growth, below 50.0 indicates contraction in the economy. UK services sector occupies an important position in the UK economy, its output value is about three-quarters of the British GNP. Economists predicted that the bad data on services, which increases the possibility of the Bank of England Monetary Policy Committee (MPC) to introduce further economic stimulus measures. Expected that the Bank of England Monetary Policy Committee will be announced on Thursday that will keep interest rates low of 0.5 percent, and will vote to decide through its quantitative easing (QE) plans to inject more liquidity to the economy world pie network information .
the euro
Europe in crisis situation has been plagued by threats, and Europe is also facing an unfinished task: build a single currency ten years, it has not established a single match, the integration economy. Swept through the debt crisis in Spain, Italy and Greece to have triggered a fierce debate on whether to issue euro zone bonds over U.S. Treasuries equivalent bonds backed by € 17 countries taxpayer, this is only in Europe towards the integration step, but more than a country strongly opposes it. More fundamental problem is that Europe can not afford to create a single operation of the economy across the north and south. To unify the different welfare systems, labor markets and different tax laws, as well as economic growth in Europe the vanguard of the opposition to make this dream vanish into thin air.
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"Japan Times" new finance minister living Chun advocates to raise taxes
"Financial Times": one-third of British companies block social networking
"The Times of India" India's Mahindra Group in the UK and European M & A business
according to a survey of Internet security company Clearswift growing concern for network security, there are nearly a third of UK companies prohibit employees to use social networks such as Facebook and Twitter. Clearswift CEO Andrew Watt, said earlier this year, Sony network intrusion such as hackers event has ignited further lead to the "conditioned reflex" of the British company, they began to limit employees' Internet use. The survey found that the number of British companies block social networking growth over the past year the fifth, 53 percent of managers will use the social networking equivalent to worrying problem. Watt said, obviously a major shift in attitudes towards social networking. Companies increasingly use social networking in the workplace to show concern.
all over the country the latest price quotes
New York Times: huge losses to the U.S. postal system to the brink of bankruptcy
Daily Telegraph: UK August Markit, / of CIPS service sector purchasing managers' index record in 2001, the largest decline