...10/23/2014 Global Growth Woes Threaten to Beset U.S. Economy - WSJ - WSJ This copy is for your personal, non-c ommercial use only. To order presentation-ready copies for distribution to your c olleagues, c lients or customers visit http://www.djreprints.com. http://online.wsj.com/articles/global-growth-woes-threaten-to-beset-u-s-economy-1413924119 ĚČǾŇǾMỲ Fįvě-Ỳěǻř Řěčǿvěřỳ Fǻčěș Ŀǻțěșț Țěșț ǿf Řěșįŀįěňčỳ ǻș Ěxțěřňǻŀ Șħǿčķș Mǿųňț Bỳ JǾȘĦ ŻŲMBŘŲŇ ǻňđ ŇİČĶ ȚİMİŘǺǾȘ Ǿčț. 21, 2014 4:41 p.m. ĚȚ Țħě șpěčțěř ǿf đěfŀǻțįǿň įň Ěųřǿpě ǻňđ ǻ șŀǿẅđǿẅň įň Čħįňǻ ǻňđ ǿțħěř ěměřģįňģ mǻřķěțș ǻřě țħřěǻțěňįňģ țǿ ħǿbbŀě țħě Ų.Ș. ěčǿňǿmỳ ǻț ǻ țįmě ẅħěň țħě ẅǿřŀđ čǿųŀđ ųșě ǻ řěŀįǻbŀě ģřǿẅțħ ěňģįňě. Șțǿřmș ǻbřǿǻđ ħǻvě țħřěǻțěňěđ țǿ čǻpșįżě țħě Ų.Ș. ěčǿňǿmįč ěxpǻňșįǿň įň ěǻčħ ǿf țħě pǻșț fǿųř ỳěǻřș. Ěǻčħ țįmě, țħě Ų.Ș. ěčǿňǿmỳ ħǻș ẅįțħșțǿǿđ țħě bųmpș—įňčŀųđįňģ țħě ěųřǿżǿňě đěbț čřįșįș ǻňđ țħě Jǻpǻňěșě ňųčŀěǻř đįșǻșțěř—čǿňțįňųįňģ ǿň įțș șŀǿẅ-bųțșțěǻđỳ ģřǿẅțħ țřǻjěčțǿřỳ. Ňǿẅ, țħě ģǻțħěřįňģ ǿvěřșěǻș șħǿčķș ǻřě čǿmįňģ ǻș țħě Fěđěřǻŀ Řěșěřvě běģįňș țǿ pųŀŀ bǻčķ ǿň țħě ěǻșỳ-mǿňěỳ pǿŀįčįěș įț ħǻș ěmpŀǿỳěđ țǿ ǻįđ țħě řěčǿvěřỳ. Ẅħįŀě ǿvěřǻŀŀ jǿb ģřǿẅțħ įň țħě Ų.Ș. ħǻș běěň șțřǿňģ ǿvěř țħě pǻșț șěvěřǻŀ mǿňțħș, țħě ħǿųșįňģ mǻřķěț ħǻș běěň mįxěđ ǻňđ čǿňșųměřș ħǻvě șħǿẅň čǻųțįǿň. Ẅħįŀě țħě ǻģįňģ bųŀŀ mǻřķěț įș ǿffěřįňģ șŀįm pįčķįňģș, ěqųįțįěș ǻřě ěxpěčțěđ țǿ ẅįțħșțǻňđ ģěǿpǿŀįțįčǻŀ čǿňčěřňș. Řųșșěŀŀ İňvěșțměňțș' Șțěpħěň Ẅǿǿđ ěxpŀǻįňș ẅħỳ. Pħǿțǿ: Ģěțțỳ “Țħě Ų.Ș. fǿř ňǿẅ įș ģřǿẅįňģ ǿň įțș ǿẅň, bųț...
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...Implications of the Ukrainian Crisis for Trade Relationships of the EU with Russia Economic Policies of the European Union Gartnar Marko | 19486522 | Marmai Martina | 19131311 | Mladenović Kosta | 19821606 | Executive Summary The aim of this research assignment is to provide an assessment of the effects on trade relationships between the EU and Russia stemming from the so-called “Ukrainian crisis.” The term points at the Russian military intervention in Ukraine, and the public response that this event generated. In particular, the analysis will regard the repercussions on Euro-Russian trade due to the Council’s diplomatic reply to the violent annexation of the Crimean peninsula by the Russian Federation. Since March 16th, when - with the unconditional support of Russia - the referendum for the independence of Crimea took place, the events in Ukraine escalated, giving rise to a number of restrictive provisions which, increasing in scope and gravity, aimed on one side to discourage military intervention by Russia, while on the other punished illegal misappropriation of Ukrainian public property. Such sanctions may not have played an important role, were it not for the current shaky state of the Russian economy. Nevertheless, that of sanctions is a two-sided sword, and the European Union, barely stepping on the road to recovery, can’t exactly afford being too picky when it comes to deciding who to do business with. The high level of interconnectedness and dependence...
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...chakraborty.biyash93@gmail.com University of Petroleum and Energy Studies, Dehradun. (Uttarakhand), INDIA __________________________________________________________________________ Abstract India’s rapid economic growth has made it the second fastest growing energy market in the world. Its domestic and international strategies has produced foreign policy differences with the United States that will require careful management on both sides. India’s basic approach to energy diplomacy has been to develop its supply potential and neutralize its potential competitors, principally China. India’s strategic interest in Iran as its energy partner and then the Iraq crisis are having a negative consequence on its economic prosperity, placing it on crossroads with the US. There is a divide between US and EU about the wisdom and desirability of imposing harsh economic sanctions on Russia. In any such confrontation, EU stands to lose much more than the US, though it can be argued that Russia will be the worst loser. In future, Russia may try to find new potential market for its gas and that could be India. So it is important for India to take its stand on Ukraine crisis carefully without tarnishing its relation with USA. India’s long-term prosperity hinges to some degree on a conflict free neighborhood; that an economically integrated region is in India’s overall security interests. Keywords: oil crisis, energy diplomacy, Ukraine Crisis, trade agreement, SAARC Nations Literature Review ...
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...UNIT 1 V1. Introduction: The EU in the New World Order (3 Videos) Questions: 1. Who has the power to represent the EU internationally? The president of the European Commission, the high Representative of the Union for Foreign Affairs and Security Policy, the head of delegation of the EU to third countries (e.g. the US),and the president of the European Council. 2. Of which of the following international organisations is the EU a (full) member? The FAO and WTO, two conditions need to be fulfilled: 1) The EU must have the power (as conferred by the Member States in the Treaties) to become a member, 2) the international organization must allow the EU (which is not a state) to become a member. Consult, for instance, Art. 4 of the UN Charter 3. What is the EU in international law? Rights and obligations. It is not a state or is a regional integration organization with a very extensive measeur of international legal personality (at 47 TEU) 4. Who represents Europe in the world, in external affairs and treaty negotiations with 3rd countries or international organizations, High representative of EU for foreign affairs and policy: created by the Lisbon treaty , it is also the vicepresident to the European Comissions. Head of state, Europe is represented by 2 persons: permanent president of European Council and President of the European Commission (more for classical competences of the EUUU). And Rotatic council. World wide diplomatic network of the European Union:...
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...Transition The First Ten Years Analysis and Lessons for Eastern Europe and the Former Soviet Union Transition The First Ten Years Analysis and Lessons for Eastern Europe and the Former Soviet Union THE WORLD BANK Washington, D.C. © 2002 The International Bank for Reconstruction and Development/The World Bank 1818 H Street, NW Washington, DC 20433 All rights reserved. 1 2 3 4 5 05 04 03 02 The findings, interpretations, and conclusions expressed here are those of the author(s) and do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent. The World Bank cannot guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply on the part of the World Bank any judgment of the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this work is copyrighted. No part of this work may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or inclusion in any information storage and retrieval system, without the prior written permission of the World Bank. The World Bank encourages dissemination of its work and will normally grant permission promptly. For permission to photocopy or reprint, please send a request with complete information to the Copyright Clearance Center, Inc, 222 Rosewood...
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...* Sample samplesfafdfasdf a fasfdfa fasdfadf asdf sdf Home * Mail * News * Sports * Finance * Weather * Games * Groups * Answers * Screen * Flickr * Mobile * More Yahoo Finance ------------------------------------------------- Top of Form | Search FinanceSearch Web | Bottom of Form Marco Mail ------------------------------------------------- Follow Yahoo Finance * * * Tue, Sep 9, 2014, 3:17pm EDT - US Markets close in 43 mins ------------------------------------------------- Top of Form Following Bottom of Form % | $ Quotes you view appear here for quick access. | ------------------------------------------------- Top of Form Bottom of Form * Finance Home * My Portfolio * Market Data * Yahoo Originals * Business & Finance * Personal Finance * CNBC * Contributors Compare Brokers Apple unveils larger iphones, smartwatch, Apple Pay By Yahoo Finance15 minutes agoYahoo Finance * * * * * ------------------------------------------------- * ------------------------------------------------- * ------------------------------------------------- View Comments (54) Share this ------------------------------------------------- Top of Form Bottom of Form * * * * Recommended...
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...2013, United Kingdom became the first G-7 country to set up an official currency swap line with China. As of July 2014, 25 countries have signed the RMB Bilteral Swap Ageeement with PBoC with total facilities of over ¥2.7 trillion. These agreements tell us that China decided to increase the role of RMB in the world currency market. 2007: Creation of Dim Sum bonds and offshore RMB bond market The dim sum bond market generally refers to RMB-denominated bonds issued in Hong Kong. The majority of dim sum bond are denominated in CNH, but some are linked to CNY (but paid in USD). In July 2007, dim sum bonds worth a total of US$657 million were issued for the first time by China Development Bank. These financial assets were issued to foreign investors in renminbi, rather than the local currency. In June 2009, China allowed Financial Institutions in Hong Kong to issue dim sum bonds. HSBC was the first FI that issued RMB Bond (dim sum bond). In August 2010, McDonald was the first corporate that issued dim sum bonds. In October, the Asian Development Bank (ADB) raised a ¥1.2bn 10-year bond, and...
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...The Business and Politics of Environmental Regulation and Activism 3028IBA – Energy and Environmental Security Dr Tapan Sarker Department of International Business and Asian Studies 3028IBA - 2013 Topics Covered in this Lecture • The business/corporate sector and the environment (essentially business and the climate change issue); and • Emissions trading schemes (the key strategy, considered the most cost-effective strategy, by which economic activity is to be guided towards meeting certain GHG emission reduction targets) 3028IBA - 2013 The Business/Corporate Sector and the Environment 3028IBA - 2013 Some of the questions today’s lecture and tutorial topic considers • In the context of governments attempting to achieve climate security, what have been the key concerns of the business sector? • • How has the business sector attempted to influence decision making on climate change policies? How have businesses responded to the greenhouse gas reduction challenge and policies, and what has motivated their responses? 3028IBA - 2013 The Traditional Behaviour of the Business Sector in Relation to the Environment • Opposition to national and international policies that they believe would impose significant new costs on them or otherwise reduce expected profits When faced with existing strong domestic regulations on an activity with a global environmental dimension, corporations are likely to support international agreements that would impose similar...
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...The year 2011 will go down in global corporate history as the year when one of the world’s largest energy companies, BP, and the Russian state company, Rosneft, unsuccessfully attempted to form a strategic partnership on Arctic development. This failure was caused by the contractual and legal objections of the AAR consortium - BP’s partners in the Russian oil company TNK-BP. In 2003-5, BP and the AAR consortium led by three billionaires with Russian connections - Mikhail Fridman, Len Blavatnik, and Viktor Vekselberg - merged their Russian oil corporate assets - TNK, Sidanko, and Onako and their subsidiaries - under the umbrella of TNK-BP.2 This joint venture was established on a 50/50 basis, the operation of which required mutual joint decision making. The partners also signed a shareholding agreement on TNK- BP’s right of first refusal in relation to potential future oil and gas projects offered to BP or AAR in Russia and Ukraine. This agreement was subsequently used by AAR to stop the BP-Rosneft deal in international courts. Unfortunately, this was not the first time that BP had been unable to change the way it conducted its business in Russia. The first example occurred in 2007-8 when BP was reported to be keen on having Gazprom as a partner instead of AAR. This move would have transformed the TNK-BP joint venture into Gazprom-BP. This did not transpire. Second, in the spring-summer 2008, there was a turbulent ‘misunderstanding’...
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...The Global Financial Crisis and Its Impacts on Developing Countries Student’s Name Professor’s Name Institution Dates Page no. 1.0 Origin of financial crisis………………………………………………………………… 3 2.0 causes of the financial crisis …………………………………………………………. 3-4 3.0 Channels of Transmitting Financial crisis ……………………………………………… 4 3.1 Transmission through financial flows ……………………………………….. 4-6 3.2 transmission through trade ……………………………………………………… 6 4.0 responses to the crisis by developing countries ………………………………………. 6 4.1 fiscal stimulation measures ………………………………………………….. 6-7 4.2 money policies ………………………………………………………………….. 7 5.0 reference ………………………………………………………………………………… 8 The Global Financial Crisis and Its Impacts on Developing Countries Origin of Financial Crisis The financial crisis originated form the United States’ economy. In the year 2007 during summer after two Bear Stearns Hedge Funds collapsed resulting to subprime mortgage crisis. This financial crisis reintroduced private defaults, bank failures, massive layoffs and credit crunch to the world. The financial crisis was as a result of too much foreign money from Asian countries like China flowing into the economy of US (Savona, Kirton, & Oldani, 2011). Causes of the Financial Crisis Creation of too much money by the banks had led to the crisis. New money is created when the banks give loans to the public. By giving loans, the banks created a large sums of money during the run up to the financial crisis. Many people had...
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...Introduction: The purpose of this report is to consider The Russian Crisis of 1998. What events led to this crisis, how it affected ordinary citizens and the effect it had on the world capital markets. We will also discuss the role IMF and other countries played in helping with the crisis. What the Russian government did in order to stabiles the situation and what role politics played in the process. We will use a number of sources in order to complete this report. Question One: What event is recognised as the beginning of the crisis? The Russian crisis begun on August 17th 1998 when the central bank of Russia announced that it would widen the intervention bands from ruble. It meant that the ruble was allowed to fluctuate against dollar. As a result, the exchange rate of the ruble fell steadily which led to a collapse in Russia economy. However, the crisis was not caused by a single event. It was a consequence of a continuing downward trend in Russia economy since its economic reform in 1991. The crisis’s seeds were sown from that day. The main causes of this crisis could be divided into 3 timelines: * Period 1991 – 1996: In 1991, Russia changed from a very strictly centralized economy to a market economy. Up until then, the Soviet played the most important role in subside all the state sectors. It consumed one-third of GDP and supported at least every third man, woman, and child (Roman, G & Robin, M – 1999). When the real prices were introduced, these state sectors...
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...The Shell Global Scenarios to 2025 The future business environment: trends, trade-offs and choices © Shell International Limited (SIL), 2005. Permission should be sought from SIL before any part of this publication is reproduced, stored in a retrieval system or transmitted by any other means. Agreement will normally be given, provided that the source is acknowledged. The information contained in this publication is, to the best of our knowledge, true and accurate although the forward looking statements herein are by their nature subject to risk factors which may affect the outcome of the matters covered. Opinions from independent experts are presented as their own views in separate inserts with their approval. None of Shell International The companies in which Royal Dutch Petroleum Company and The “Shell” Transport and Trading Company, p.l.c. directly or indirectly own investments are separate and distinct entities. The expressions “Royal Dutch/Shell Group” and “Group” are used to refer to the companies of the Royal Dutch/Shell Group as a whole. The words “Shell”, “we”, “us” and “our” are used in some places to refer to the Group and in others to an individual Shell company or companies where no particular purpose is served by identifying the specific company or companies. Limited, its affiliates and their respective officers, employees and agents represents the accuracy or completeness of the information set forth herein and none of the foregoing shall be liable for...
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...| MANAGEMENT | COURSE : Diploma in Business Administration | CODE : MGTG2001\V0Rea7LECTURER : MR. Tham Poh Weng | MEMBERS : Ngui Meei Yann Chan Wei Jie Choo Yan Ling Leong Hui Ling Lin Bin Hui | | | | | Objective By analyzing TEPCO as the organization which facing a crisis recently, given us a chance to Study their strengths and weakness and how we are going to assist them in the most effective way. Table of Contents Objective 1 Introduction 3 Corporate Summary 3 Crisis Background 4 Oct Year 2004 & July 2007 4 Mar 2011 – Current 4 Impact from the Crisis 6 Analyse the Tokyo Electric Power Company, Incorporated (TEPCO) 7 SWOT Analysis 7 Strength 7 Weakness 8 Opportunities 9 Threat 10 Criteria in Success 12 Conclusion 13 Resources: 14 Introduction Corporate Summary Figure 1.1.1 – Company logo Tokyo Electricity Power Company (TEPCO) is an electricity utility and was established in 1st May 1951. TEPCO is the fourth power company in Asia, operation 17 nuclear reactors and supplying one-third of Japan’s electricity. The first nuclear unit at Fukushima Dai-Chi (Fukushima) nuclear power plant began operational generation on 26th March 1971. During 1980s and 1990s, the widespread use of air-conditional and IT/OA appliances caused a gap between day and night electricity demands. In order to reduce surplus generation...
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...Co-operation in a Capitalist Economy This course has taken us through the history and development of the co-operative economic structure, looking in depth at the co-operative movements’ roots and the formation of its laws. Examples such as the Mondragón Corporation and the co-operative movement in Italy were provided, to allow for a better understanding of how this system has evolved and its existence in modern society today. As this semester comes to a close, I wanted to take a closer look at co-ops here in the United States that are undergoing the trials and tribulations that result from being a co-operative organization within a capitalist economy. To do so, I first began by researching the development of the co-operative movement in the United States, more specifically, the pivotal role of agricultural co-operatives in stimulating the US economy; this led me to CHS Inc., the top performing co-operative in the US and the 10th best performing in the world (Co-operative News). Co-operatives such as CHS Inc. have been vital to maintaining stability within the US marketplace and providing an alternative to the capitalist structure that exists currently. Agricultural co-operatives, especially, significantly uplifted local economic development throughout most of the twentieth century. Over four million farms had closed down, including a large number of family run farms, and rural communities experienced a sharp rise in unemployment. Local businesses were forced to close and citizens...
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...Introduction The 21st century is an era where the world is developing faster to insure a better life. One of the main factors of this is technology. It is developing daily, which is helping people live in a more comfortable lifestyle. Technology is very useful, almost everybody has a cell phone in order to stay in contact with their family, friends and business associates. Another example would be computers, and now-a-days a future employee needs to have some sort of computer skill to get a decent job. Therefore, companies are starting to stop using paper work and using more databases on the screens of technology. Therefore, people have started relying on computers to keep their important information safe. With that being said, computer crime rates have started to increase over time which created the cyber theft industry. Throughout this paper we will be discussing four angles about this industry: the ways criminals steal personal information, why criminals choose cybercrime, how to protect yourself, and cases of cyber theft. Cyber Theft Process Computers are to be considered as the mother of technology, meaning every new technology is developed through a computer. At the same time, computers could be compared to a dangerous weapon considering this technology could be used to steal other people’s personal information. Cyber theft is using a computer as a base and a network to travel through the internet to any device that is connected to the internet. However, cyber theft started...
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