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The ongoing sovereignty controversy between Korea and Japan over Dokdo has brought attention to another island in the East Sea called "Ulleung" Island, that neighbors the controversial islets and serves as the only stopover point on way there. | The ongoing sovereignty controversy between Korea and Japan over Dokdo has brought attention to another island in the East Sea called "Ulleung" Island, that neighbors the controversial islets and serves as the only stopover point on way there. | ||
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| + | == at the OECD headquarters in Paris. /AFP == | ||
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| + | OECD Secretary General Angel Gurria listens on Nov. 17,doudoune moncler, 2010 at the start of a OECD Working Party on Small and Medium-sized Enterprises and Entrepreneurship (WPSMEE) at the OECD headquarters in Paris. /AFP <p>The Paris-based Organization for Economic Cooperation and Development sliced its growth forecast for 2011,outlet hogan, as a new report found recovery from the world economic crisis slowed down this year. <br><br>At a Paris press conference,louboutin, OECD chief Angel Gurria said world growth has hit what he described as a "soft patch." "Output and trade growth have both softened as support from fiscal stimulus and other temporary factors have faded,air jordan," Gurria said. "The slowdown was expected. We already had it in our numbers since last May but at least in the OECD area,doudoune moncler, it was more pronounced than we previously thought." <br><br>Under the OECD's revised figures for 2011,louboutin pas cher, the global economy will grow 4.2 percent next year instead of 4.5 percent predicted last May. In its new semi-annual economic outlook,hogan, the group predicts growth will recover in 2012 to 4.6 percent. Growth for the OECD's 33 member states -- which include the world's most advanced economies -- will be more modest at 2.3 percent next year and 2.8 percent in 2012. The U.S. marks the most dramatic slowdown,doudoune moncler pas cher, with its economy growing only 2.7 percent this year instead of an expected 3.2 percent.<br><br>Gurria described what he called "downside risks" -- including concerns that U.S. ad British housing prices could further decline and high public debt in some countries. Gurria's remarks come as concerns grow in Europe about the high public debts of Ireland and Portugal. Another ailing economy,moncler, Greece,supra, received a massive bailout package earlier this year.<br><br>Unemployment for OECD members is also expected to remain high at 7.5 percent by the end of 2012.<br><br>Gurria said it was important that governments adopt sound economic reforms. "Well-designed and well-implemented reforms yield a triple dividend: they lift output and employment; they strengthen public budgets and they rebalance global demand,louboutin," Gurria said. But he added that world economies might get some good news -- including chances that strong corporate earnings could boost investments.</p>Related articles: | ||
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| + | <li>need a large number of investment.</li> | ||
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| + | <li>intensify the campaign against fake currencies</li> | ||
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| + | <li>The measure earlier fell as much as 1 percent.</li> | ||
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| + | Members of the Canadian Parliament vote today on a controversial motion that would reopen the abortion debate to decide whether a fetus should be declared a child before birth, reported the Toronto Star Sept. 26. Prime Minister Harper has said he’ll vote against the motion since his party committed during the last election not to reopen the abortion debate. The Abortion Rights Coalition of Canada executive director, Joyce Arthur, says most Canadians are pro-choice and “do not want Parliament debating once again whether a woman has the right to choose abortion.” | ||
Revision as of 07:59, 5 October 2012
Two of the eurozone's biggest economies have fallen into recession, according to the latest economic figures.
Italy and the Netherlands both saw their economies shrink by 0.7% in the fourth quarter, the second consecutive quarter of economic contraction.
Germany had its first negative quarter since 2009 with a decline of 0.2%, compared with the previous quarter.
But in France there was surprise growth of 0.2% at the end of last year, attributed to healthy export growth.
Overall the 17 nations that make up the eurozone saw economic activity shrink 0.3% in the fourth quarter. By comparison the United States reported growth of 0.7%. Continue reading the main story �Start Quote
Greece may be burning. Growth may be slowing. But the recognised German barometer of hope over fear shows far more Germans looking on the bright side than those down in the dumps�
End Quote image of Stephen Evans Stephen Evans BBC News, Berlin
* Germany: Reasons to be cheerful
The eurozone has not slipped into recession as it reported growth of 0.1% in the third quarter. 'Better than feared'
For 2011 as a whole, the French economy grew by 1.7% and Germany 3%.
Europe's debt crisis has already pushed Greece, Portugal and Belgium into recession, defined by two consecutive quarters of contraction.
Economists forecast that Germany is likely to avoid that scenario and say the latest growth figures could have been worse.
"This is better than feared after retail sales and industrial production turned out badly in December. The decline is due to the euro crisis. It caused a drastic loss in confidence among companies and consumers." said Christian Schulz, an economist at Berenberg Bank.
"Action from the ECB and the government has restored confidence. There is hope that we will emerge quickly from the economic dip. We expect growth again in the second quarter at the latest, provided that the euro crisis remains under control." he said.
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precipitation continued rapid development, drought, meteorological experts said, the area is the main cause of water vapor conditions, is expected in the next ten days, China north area, Huang Huai has no apparent precipitation process, the drought will continue to.
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In 2008 01 Oct 11 11:50 source: global financial Author: Yang Jinghou first page second page third page fourth page of the United States of America remains the one and only superpower.,burberry soldes
Any of the current world events whether it is the global climate change and the Israeli-Palestinian conflict, leaving the United States never satisfactorily resolved now represents the American image is no longer the Statue of Liberty, but the Guantanamo concentration camp.
Unless a successor to George W. Bush to take urgent measures to restore the American political and moral reputation,maillot de foot pas cher, "the United States of America superpower crisis will not be saved".The United States President Carter's national security advisor Condoleezza Brzezinski in his new book "second chance" in one book thinks,, George W.
Bush is being "disastrous leadership".According to Burckhardt's evaluation, the position of the United States is go from bad to worse.George Bush in 1991 launched the first Gulf War victory achieved, the United States established a "unipolar" world,abercrombie paris, while George W.
Bush was launched in 2003 second Gulf War has made the United States suffered serious injuries, "unipolar" seems prematurely ended,jordan, at least in the Middle East area is such.The United States first, Council on foreign relations, President Richard Hess said, "the United States is the Middle East times yesterday",abercrombie, the important position of the United States in the Middle East,moncler, in the global position of strength to recover, even decades.
As the United States of America predicament in Iraq is serious with each passing day and elections approaching, how to estimate the United States of America's dominant position in the global market,hogan, has become a controversial topic.
The trapped the Iraq war critics, because each country,abercrombie and fitch, especially the emerging state of rapid economic growth, the United States of America relative strength is in decline.However, the United States of America weakened even more important factor is that it failed to correctly use their own advantages, the most prominent is the war on iraq.
This "asymmetric warfare" that the United States forces overstretched, disruption of the U.S. in the world at the same time to play two war strategy and arrangement.The result is Iran to fill the vacuum in Iraq, and to intensify the implementation of the nuclear program, the United States has so far no effective solution.
In the Iraq war, former Secretary of defense Rumsfeld is advocated energetically only technology theory, made strategical mistake.He advocated increased on high-tech weapons, reconnaissance systems and data networking investment, with speed, accuracy and replace the latent forces, especially ground forces.
At the same time,air jordan, Bush government pursues new international principles,louboutin, namely the United States leadership can replace the consensus of all countries in the world, the United States to form alliances and multilateral diplomacy freed.
Laplace's motto is "decision tasks (International) joint".That is to say the United States may persist in one's old ways, to conquer the success of facts to prove that the United States of America's strength and accuracy.
But in the Iraq war, Laplace creed failure.The mobile troops to Baghdad, in combat, and to defend the border guards armory etc, due to shortage of troops, be in straitened circumstances.Because of the war in Iraq without UN mandate, when the situation worsened when the United States of America, real allies can be counted on one's fingers.
The United States of America strategist noted, U.S. forces in the Vietnam and Iraq defeated reasons have in common, namely the commanders mistakenly think,michael kors outlet, forces through a high intensity war exercise,scarpe hogan, low intensity war be nothing difficult.
American troops in the two war is wrong in small volume to be defeated.Some commanders worry, due to keen on the high tech war, they had lost to conventional warfare skills.The war in Iraq, in front of the deployment of a brigade, the rear must have 2 brigade for the rest, to maintain the battle effectiveness of the army.
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The ongoing sovereignty controversy between Korea and Japan over Dokdo has brought attention to another island in the East Sea called "Ulleung" Island, that neighbors the controversial islets and serves as the only stopover point on way there.
at the OECD headquarters in Paris. /AFP
OECD Secretary General Angel Gurria listens on Nov. 17,doudoune moncler, 2010 at the start of a OECD Working Party on Small and Medium-sized Enterprises and Entrepreneurship (WPSMEE) at the OECD headquarters in Paris. /AFPThe Paris-based Organization for Economic Cooperation and Development sliced its growth forecast for 2011,outlet hogan, as a new report found recovery from the world economic crisis slowed down this year.
At a Paris press conference,louboutin, OECD chief Angel Gurria said world growth has hit what he described as a "soft patch." "Output and trade growth have both softened as support from fiscal stimulus and other temporary factors have faded,air jordan," Gurria said. "The slowdown was expected. We already had it in our numbers since last May but at least in the OECD area,doudoune moncler, it was more pronounced than we previously thought."
Under the OECD's revised figures for 2011,louboutin pas cher, the global economy will grow 4.2 percent next year instead of 4.5 percent predicted last May. In its new semi-annual economic outlook,hogan, the group predicts growth will recover in 2012 to 4.6 percent. Growth for the OECD's 33 member states -- which include the world's most advanced economies -- will be more modest at 2.3 percent next year and 2.8 percent in 2012. The U.S. marks the most dramatic slowdown,doudoune moncler pas cher, with its economy growing only 2.7 percent this year instead of an expected 3.2 percent.
Gurria described what he called "downside risks" -- including concerns that U.S. ad British housing prices could further decline and high public debt in some countries. Gurria's remarks come as concerns grow in Europe about the high public debts of Ireland and Portugal. Another ailing economy,moncler, Greece,supra, received a massive bailout package earlier this year.
Unemployment for OECD members is also expected to remain high at 7.5 percent by the end of 2012.
Gurria said it was important that governments adopt sound economic reforms. "Well-designed and well-implemented reforms yield a triple dividend: they lift output and employment; they strengthen public budgets and they rebalance global demand,louboutin," Gurria said. But he added that world economies might get some good news -- including chances that strong corporate earnings could boost investments.
- need a large number of investment.
- intensify the campaign against fake currencies
- The measure earlier fell as much as 1 percent.
Members of the Canadian Parliament vote today on a controversial motion that would reopen the abortion debate to decide whether a fetus should be declared a child before birth, reported the Toronto Star Sept. 26. Prime Minister Harper has said he’ll vote against the motion since his party committed during the last election not to reopen the abortion debate. The Abortion Rights Coalition of Canada executive director, Joyce Arthur, says most Canadians are pro-choice and “do not want Parliament debating once again whether a woman has the right to choose abortion.”
