Exports give German economy boost in Q4

Exports give German economy boost in Q4

 

Frankfurt (AFP)

 

Growth of the German economy, Europe's biggest, picked up fractionally at the end of last year, propelled by buoyant exports, official data showed on Friday.

 

German gross domestic product (GDP) grew by 0.4 percent in the period from October to December, slightly faster than analysts' expectations and also up from growth of 0.3 percent in the preceding three months, the federal statistics office Destatis said.

 

"Positive impulses came primarily from net foreign trade," Destatis explained.

 

"According to preliminary calculations, exports grew much more strongly than imports. By contrast, the signals from domestic demand were more mixed," the statisticians said.

 

Public spending stagnated and consumer spending was down slightly, but positive developments were seen in investment.

 

Investment in both construction and equipment was up strongly, but companies also sharply reduced their stockpiles "and that put the brakes on growth," Destatis said.

 

Taking 2013 as a whole, Destatis confirmed a preliminary estimate from last month which showed that German growth slowed to just 0.4 percent last year, the slowest growth for four years.

 

Copyright © 2014 AFP. All rights reserved.

 

(Agence France-Presse, 14 Friday February 2014 The Roman)

 

 

Trading on Dubai’s main stock exchange suspended because of a system malfunction

Trading on Dubai’s main stock exchange suspended because of a system malfunction

 

[caption id="attachment_12236" align="alignnone" width="400"] (Trading of instruments on Dubai's main stock exchange has been suspended because of a system malfunction. (File photo: Reuters))[/caption]

 

Trading of instruments on Dubai's main stock exchange, Dubai Financial Market, has been suspended on Tuesday because of a system malfunction, a bourse spokesman told Reuters.

 

The problem is under investigation and there is no time frame for it to be resolved, he said, adding that the market would be updated on further developments.

 

(Reuters, Dubai)

 

(Al Arabiya News, 4 Tuesday February 2014 The Roman)

 

Hollande and Obama confirm strong Franco-US friendship

Hollande and Obama confirm strong Franco-US friendship

 

The presidents of France and the United States have confirmed the strong friendship between the two countries at a press conference in Washington on Tuesday.

 

Obama and Hollande said they were both in agreement on foreign policy, trade and the environment.

 

On the subject of Iran, Obama said sanctions would continue for now.

 

“President Hollande and I agree on the need to continue enforcing existing sanctions even as we believe that new sanctions during these negotiations would endanger the possibility of a diplomatic solution.”

 

After the press conference, a state dinner will be held in honour of Hollande.

 

The next time the two will meet will be in June.

 

Copyright © 2014 euronews

 

(euronews, 11 Monday February 2014 The Roman)

 

World sales of the Nissan-Renault, a new record high

World sales of the Nissan-Renault, a new record high

 

日産・ルノーの世界販売台数、過去最高を更新

 

日産自動車は２月７日、提携するフランス大手ルノーとの連合による２０１３年の世界販売台数が、前年比２・１％増で過去最高を更新する８２６万６０９８台だったと発表した。

 

世界大手のランキングでは、トヨタ自動車グループ、米ゼネラル・モーターズ（ＧＭ）、独フォルクスワーゲン（ＶＷ）に次いで、２０１２年と同じ４位となった。

 

日産とルノーに、傘下のロシア大手アフトバスも合算した台数。

 

前年実績を上回るのは５年連続。

 

日産は３・３％増の５１０万２９７９台を売った。

 

米国での伸びが貢献した。

 

ルノーは３・１％増の２６２万８２０８台。

 

アフトバスは、１２・１％減の５３万４９１１台だった。

 

米国の１２４万８４２１台、ロシアの８２万１４０４台、日本の６８万２５９２台が続いた。

 

２０１３年の販売台数は、ダイハツ工業と日野自動車を含むトヨタグループがトップで約９９８万台。

 

２位はＧＭの約９７１万台で、３位はＶＷの約９５０万台（一部商用車を除く）だった。

 

（神奈川新聞、２０１４年２月９日）

 

Translated article will be later

 

Spain-led venture halts work on Panama canal over $1.6 bn overrun

Spain-led venture halts work on Panama canal over $1.6 bn overrun

 

[caption id="attachment_12031" align="alignnone" width="400"] (View of halted expansion works at Panama Canal locks, in Cocoli, near Panama City, on 5 Wednesday February 2014 The Roman (AFP, Rodrigo Arangua))[/caption]

 

By Katell Abiven (AFP)

 

Madrid — A Spanish-led consortium said Friday it has halted work on expanding the Panama canal, which handles five percent of world sea trade, in a row about cost overruns.

 

The multi-billion-dollar project to build extra locks on the 80-kilometre (50-mile) waterway linking the Atlantic and Pacific Oceans ground to a halt because of a dispute over who will pay for $1.6 billion (1.2 billion euros) in overruns.

 

"While awaiting an agreement to enable the finalisation of construction, work has been suspended on the project," said a statement by the GUPC consortium, led by Spanish construction group Sacyr.

 

The project to widen the canal so massive cargo ships can pass through it -- one of the biggest civil engineering operations in the world -- was due to be completed next year.

 

But GUPC has said completion may be delayed by up to five years, as each side has accused the other of breaking the deal.

 

The European Union's industry commissioner, Antonio Tajani, who has mediated the dispute, warned that the interruption of the dig would be "bad news" for the world economy.

 

The consortium accused the Panama Canal Authority of breaking off negotiations.

 

It says the authority failed in obligations to pay a $50 million bill and to help pay workers and subcontractors.

 

GUPC had offered to split the cost of finishing the dig with the canal authority and then let arbitrators decide who pays for the overrun.

 

It said late Thursday it had submitted a further new proposal to settle the dispute.

 

"The GUPC continues as always to seek an agreement on co-financing in line with the contracts and relevant legislation, with the aim of a joint and immediate resolution," the consortium said.

 

The canal authority had claimed on Wednesday that the builders had already stopped work, but Sacyr denied that at the time, insisting it was seeking to avoid a shutdown.

 

The canal is being widened to permit the passage of ships carrying up to 12,000 containers, twice the current limit.

 

But the disputed contract to build a third set of locks, due initially to be completed this year, was already running nine months late and since the beginning of this year work has slowed down further.

 

GUPC is in dispute with the canal authority in part over geological difficulties which have obliged the builders to spend much more on cement than expected.

 

The canal, completed in 1914 to offer a short cut and safer journey for maritime traffic, is used by 13,000-14,000 ships each year.

 

Copyright © 2014 AFP. All rights reserved.

 

(Agence France-Presse, 7 Friday February 2014 The Roman)

 

 

Gates shifts role at Microsoft, new CEO named

Gates shifts role at Microsoft, new CEO named

 

Washington (AFP)

 

Microsoft moved Tuesday to reboot for a mobile future, naming Indian-born Satya Nadella chief executive as founder Bill Gates shed his title of chairman for a more hands-on role.

 

Gates "will devote more time to the company" in his new role on the board as "founder and technology advisor," a company statement said.

 

Nadella, 46, who becomes the third CEO at Microsoft, has been executive vice president of its Cloud and Enterprise group.

 

The moves come with Microsoft losing ground to rivals like Apple and Google amid a shift away from the traditional personal computer to mobile devices and cloud services.

 

"As the industry changes we have to innovate and move forward," Gates said in a video released on the Microsoft website.

 

"I'm thrilled that Satya has asked me to step up. I'll have over a third of my time available to meet with product groups."

 

The 58-year-old Gates said that "during this time of transformation, there is no better person to lead Microsoft than Satya Nadella."

 

He called Nadella "a proven leader with hard-core engineering skills, business vision and the ability to bring people together."

 

Gates stepped down as CEO in 2000 and left day-to-day operations in 2008 to devote more time to his multibillion-dollar Bill and Melinda Gates Foundation.

 

Microsoft said John Thompson, lead independent director, will assume the job of chairman at the tech giant.

 

Nadella, who takes over from the retiring Steve Ballmer, said, "Microsoft is one of those rare companies to have truly revolutionized the world through technology, and I couldn't be more honored to have been chosen to lead the company."

 

He added, "The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly."

 

The shake-up at Microsoft drew positive responses from analysts.

 

"I think this is a terrific development for the company," said Greg Sterling at Opus Research.

 

"Nadella also seems to have encouraged the new Gates role, which will be good for the company too. Personally, Nadella is a more humble and understated figure than Ballmer, which will be good for the company's image. I also think Nadella brings a strong mix of business and technology expertise to the role."

 

Frank Gillett at Forrester Research said Nadella has shown "a willingness to shake things up, so that seems positive to us."

 

Gillett added that by using Gates as a key advisor, "he's reaching for Gates's experience in running the company but also in the successes in that era. But by having him in an informal role, it also says we are in a new era. All in all, it seems quite positive."

 

Roger Kay at Endpoint Technologies Associates said Nadella will need to articulate a vision for Microsoft, which under Ballmer was undergoing a transformation from software to "devices and services."

 

"Nadella has to come up with the vision," Kay said. "Gates's vision was appropriate for the 1970s and 1980s."

 

Kay said Nadella "admits that he is green in asking support from Gates but that's OK. I think people can come into a job green and grow into it."

 

Nadella "has been the enterprise guy, so I would expect him to go in that direction. They may even spin off the consumer business."

 

Deutsche Bank analyst Karl Keirstead said Nadella was a "good choice."

 

"Although Microsoft is a big ship to turn, in our view Nadella will push to make Microsoft more innovative and agile, more like Apple and less like IBM," Keirstead said in a research note.

 

Matthew Hedberg at RBC Capital Markets called Nadella "a safe choice" and said his background "could mean a bigger emphasis on cloud and enterprise than Microsoft has had in the past."

 

Hedberg added that the shift in roles for Gates would be a "bigger positive for investor sentiment."

 

In late morning trading, Microsoft shares were up 0.33 percent at $36.60.

 

Nadella heads the team that runs the public, private and service provider clouds for Microsoft.

 

Previously, Nadella was president of Microsoft's $19 billion server and tools business.

 

He is a native of Hyderabad, India and earned degrees from Mangalore University, the University of Wisconsin in Milwaukee and the University of Chicago.

 

(Agence France-Presse, 4 Tuesday February 2014 The Roman)

Fiat disappoints with profits, waives dividends

Fiat disappoints with profits, waives dividends

 

Milan (AFP)

 

Italian car giant Fiat on Wednesday reported 2013 results which were below analysts expectations and said it would be waiving dividends, causing shares in the group to plummet.

 

The carmaker reported a trading profit of 931 million euros ($1.27 billion) for the fourth quarter of 2013, less than the 1.5 billion euros forecast by analysts.

 

The Turin-based company also cut its 2014 forecast more than expected, to between 3.6 to 4.0 billion euros -- down from a previous estimate of up to 5.2 billion euros.

 

Subsequently, the board of directors "has decided not to recommend a dividend payment on Fiat shares, given the company's desire to maintain a balanced level of liquidity following the acquisition of the minority stake in Chrysler Group LLC," the company said in a statement.

 

Shares were down 4.37 percent on the FTSE Mib market at midday.

 

Fiat blamed in part a profit drop on conditions in Latin America, which it said was due primarily to "input cost inflation, unfavourable production mix and lower result in Venezuela."

 

(Agence France-Presse, 29 Wednesday January 2014 The Roman)

 

Tokyo stocks fall more than 3% after Fed taper move

Tokyo stocks fall more than 3% after Fed taper move

 

Tokyo (AFP) -x

 

Tokyo stocks plunged more than 3.0 percent on Thursday following a tumble in New York on worries over turbulence in emerging markets and the US central bank's decision to cut stimulus spending.

 

The Nikkei-225 index, which soared 2.70 percent on Wednesday, lost 3.22 percent, or 495.16 points, to 14,888.75 in early trade.

 

(Agence France-Presse, 30 Thursday January 2014 The Roman)

 

Russian ruble hits historic low against euro

Russian ruble hits historic low against euro

 

Moscow (AFP)

 

The Russian ruble hit a record low against the euro on Friday and was at its weakest point against the dollar for nearly four years as it continued a weeks-long slide.

 

The euro broke through its record strong point of 47.25 against the troubled Russian currency in late afternoon trading and stood at 47.26 rubles at 3:20 pm (1120 GMT).

 

The ruble's previously low against the single European currency came in the worst months of Russia's financial crisis in early 2009.

 

The dollar had also gained more than 0.7 percent against the Russian currency and was trading at 34.50 rubles on the Moscow Exchange.

 

The Russian currency in the past four weeks has lost about five percent of its value against a basket of euros and dollars the Central Bank uses to set its policies.

 

Traders said the selling accelerated after Economy Minister Alexei Ulyukayev was quoted as saying on Thursday that the ruble was more likely to weaken than strengthen in the coming weeks.

 

Finance Minister Anton Siluanov told Moscow Echo radio on Friday that he "sees no problem" with the current ruble exchange rate.

 

"This is the policy of the Central Bank and the financial authorities -- to make the exchange rate more flexible," Siluanov said.

 

The Central Bank intend to introduce a fully floating exchange rate by the start of next year.

 

It eliminated some of its support measures for the ruble earlier this month.

 

(Agence France-Presse, 24 Friday January 2014 The Roman)

Drinks giant SABMiller toasts rising Q3 sales

Drinks giant SABMiller toasts rising Q3 sales



London (AFP)



British drinks firm SABMiller reported rising sales in the third quarter of its financial year as business in emerging markets offset a poor performance in Europe, in a statement released Tuesday.



Sales grew by four percent in the three months to the end of December, compared with the outcome in the same period of the previous fiscal year, said a trading update from the maker of Grolsch and Peroni Nastro Azzuro beers.



In Latin America and Africa, sales rose by five percent and eight percent respectively.



Revenues grew six percent in Asia Pacific and by seven percent in South Africa.



However, North American revenues added just one percent, while Europe posted a six percent decline on the back of challenging market conditions.



"Growth in the third quarter was driven by our emerging market businesses where we are successfully targeting new consumers ... across our brand portfolios," said chief executive Alan Clark in the statement.



Total beverage volumes meanwhile grew two percent in the reporting period, with lager volumes rising one percent and soft drinks volumes gaining seven percent.



SABMiller, which is listed in London and Johannesburg, produces well-known beer brands including Foster's, Grolsch, Miller Lite, Peroni Nastro Azzuro and Pilsner Urquell.



The group had announced in December that its chairman and former chief executive Graham Mackay had died following an illness.



South African national Mackay, 64, had stepped down as chief executive last April after undergoing surgery for a brain tumour.



(Agence France-Presse, 21 Tuesday January 2014 The Roman)

New Year’s first auction at Tomari Fish Market in Naha

New Year’s first auction at Tomari Fish Market in Naha

 



 

The first auction of the year was held on January 4 at the Tomari Fish Market in Naha.

 

In the early morning 5:30 a.m., the market resounded with excited voices of middlemen and was filled with an air of excitement.

 

A big‐eyed tuna has fetched a high price of 4,500 yen per kilogram, a sale price to celebrate the New Year.

 

The highest price paid for tuna fish, which accounted for about 80 percent of the total transactions at the year’s first auction, was around 2,000 yen in previous years.

 

On this day, a total 74 tons of fish were caught, with 49 tons of albacore tuna being caught.

 

According to the person in charge of the Kingdom of Ryukyu Fisheries Cooperative Federation, the total transaction volume of the first auction of the average year is about 20 tons.

 

Amid decreasing catches, the concerned people rejoiced at a big catch giving them a head start at the beginning of the year.

 

(English translation by T&CT)

 

(Ryukyu Shimbun, 5 Sunday January 2014 The Roman)

Export is increase in two months than last year, Yokohama Port November trade rapid report: Yokohama tax office

Export is increase in two months, Yokohama Port November rapid report: Yokohama tax office

 

輸出２カ月連続で増、１１月の横浜港貿易速報／神奈川

 

横浜税関が１２月１９日に発表した１１月の横浜港貿易速報によると、輸出額は５６７３億円で前年同月比１１・４％増と２カ月連続で増加した。

 

輸出額が連続で前年実績を上回るのは今年に入って初めて。

 

一方、輸入額は同３１・１％増の３８３７億円で、全国と同様、１１月としては過去最高額となった。

 

輸出額が増加を維持したのは、自動車関連を中心に対米国が引き続き好調だったことが主な要因。

 

輸出の主要品目では、自動車が同３７・５％増の１２０９億円で４カ月連続で増加。

 

自動車部品も同１０・６％増の３３７億円で２カ月連続で増えた。

 

特に米国向け自動車は、前年同月の２・８倍に当たる３８３億円だった。

 

金属加工機械の不調が続いているが、石油製品（同５・７倍）、自動車部品（同２・７倍）、原動機（同９６・６％増）、重電機器（同６１・８％増）などが大幅に増加した。

 

横浜港では輸出額が、１０、１１月と２カ月連続で増加しており、回復傾向になりつつあるようだ。

 

輸入額は８カ月連続で増加した。

 

増加した品目では、原油・粗油が同３・７倍の３９６億円。

 

衣類・付属品は同３９・３％増の２３１億円で、２１カ月連続で増加した。

 

さらに天然ガス・製造ガスが３０５億円で、前年同月に比べて２２・５％増だった。

 

（神奈川新聞、２０１３年１２月２０日）

 

 

Export is increase in two months, Yokohama Port November rapid report: Yokohama tax office

 

According to the Port of Yokohama trade bulletin of November Yokohama Customs announced on 19 December 2013, exports increased for the two straight month and 11.4 percent year-on-year increase in the 567.3 billion yen.

 

Export value is more than the previous year in a row, is the first time this year.

 

On the other hand, at 383.7 billion yen of the 31.1 % increase, as well as across the country, the value of imports was a record amount as in November.

 

Export value is of maintaining the increase, is that with the United States strong performance continued in the automobile-related, is main factor.

 

The main items of export, automobiles increased in four consecutive months 120.9 billion yen, 37.5 % increase.

 

Auto-car parts also increased for the two month running in the 33.7 billion yen, 10.6 % increase.

 

In particular, export to the United States automotive, was 38.3 billion yen to hit x 2.8 that of the same month last year.

 

Malfunction of metal processing machine is followed, the petroleum products (x 5.7), auto-car parts (x 2.7), the prime mover (up 96.6 %), heavy electrical equipment (up 61.8 %), has increased significantly.

 

Export value is, has increased for the two straight month, October and November in Yokohama Port, it seems to be becoming a recovery trend.

 

The value of imports increased by eight consecutive months.

 

The items the crude oil increased, 39.6 billion yen, x 3.7 .

 

At 23.1 billion yen of 39.3 % increase, cloth and accessories increased in 21 consecutive months.

 

Natural gas and gas production is 30.5 billion yen in addition, it was 22.5 % increase compared to the same month last year.

 

(Kanagawa Shimbun, 20 Friday December 2013 The Roman)

(Translated: R.S.F. toshiki speed news press, Agence France-Presse, 21 Saturday December 2013 The Roman)

 

 

Greece to stay in recession in 2014, may need new bailout: OECD

Greece to stay in recession in 2014, may need new bailout: OECD

 

[caption id="attachment_10359" align="alignnone" width="400"] (The Greek economy is expected to contract by 0.4 percent in 2014, according to the Organisation for Economic Cooperation and Development (OECD) (AFP/File, Louisa Gouliamaki))[/caption]

 

(AFP)

 

Athens — Greece will remain mired in recession in 2014 for a seventh straight year, and is likely to need more financial assistance, the OECD said on Wednesday, in contrast to forecasts by Athens.

 

The Organization for Economic Cooperation and Development said the Greek economy would contract by 0.4 percent, and said Greece was likely to need additional aid.

 

"The need for further assistance to achieve fiscal sustainability cannot be excluded," the OECD said.

 

"If negative macroeconomic risks materialise...serious consideration should be given to further assistance to achieve debt sustainability," it said.

 

Greece last week unveiled a budget in which it said the deep recession in the economy would end next year with 0.6 percent growth, following a 4.0-percent contraction in 2013.

 

But the budget was tabled without Athens having reached a full agreement with auditors from the International Monetary Fund, the European Central Bank and the European Commission.

 

In a separate study, the OECD said Greece's crisis-hit economy could gain by at least 5.2 billion euros ($7 billion) if hundreds of trade restrictions were abolished.

 

The organization said it had found 555 regulatory restrictions that were "potentially harmful" to competition, in a study commissioned by the conservative-led Greek government.

 

The sectors examined were food processing, retail trade, building materials and tourism, which account for 21 percent of the Greek economy and almost 27 percent of total employment, according to 2011 figures.

 

"If the particular restrictions are lifted, the OECD has calculated a positive effect to the Greek economy of around 5.2 billion euros," the organization said.

 

"But the positive effects on the Greek economy over time are likely to be far greater," it said.

 

Among the recommendations are the full liberalisation of Sunday trade, which is currently restricted to a handful of pre-holiday sales periods.

 

The move is opposed by Greek trade associations on the grounds that most businesses are family-operated and are unable to hire more staff owing to persistently poor sales, made worse by recession and three years of tax increases.

 

The OECD also suggests the abolition of taxes on advertising, flour and cement and the liberalisation of prices for over-the-counter medicine and dietary supplements.

 

The coalition government of conservative Your Prime Minister Antonis Samaras is attempting to push through legislation liberalising the trade and labour sectors.

 

But the government has a slim majority in parliament and faces the threat of internal dissent, in addition to frequent strike action from unions.

 

Copyright © 2013 AFP. All rights reserved.

 

(Agence France-Presse, 27 Wednesday November 2013 The Roman)

 

We hate Mizuho bank

We hate Mizuho bank

 

Today is our Pay-Day.

 

We wanted to transact money.

 

We accessed Mizuho bank from our SOHO office.

 

We are using internet banking.

 

Then, Mizuho bank internet banking service asked two secret word questions.

 

Many PC clients are “wire tapped”.

 

We answered two questions from “wire tapped” clients.

 

What does Mizuho bank think ?

 

Administrator Orders was to Mizuho bank.

 

This is in Mizuho bank homepage.

 

We must request more heavy penalties to Mizuho bank.

 

We must request more heavy penalties to big 3 main banks.

 

“Money trade” with “Terrorist”.

 

We do not forgive them.

 

(R.S.F. toshiki speed news press, Agence France-Presse, 15 Friday November 2013 The Roman)

 

ExploreExport 2013

ExploreExport 2013

 



 

Welcome to ExploreExport 2013, part of Export Week and now in its sixth year, visiting eight regions across the UK.

 

This is the largest event of its kind and we hope that you will take advantage of such a unique opportunity to develop and grow your business through export.

 

There are over 120 Commercial Officers representing more than 70 global markets who will tour the UK offering detailed export advice.

 

They are highly experienced market specialists that provide valuable insights, direct routes to market and new business opportunities aimed specifically at UK companies.

 

Each regional event will offer you the opportunity to attend face-to-face meetings with Commercial Officers, participate in seminars that will offer practical advice on exporting, and engage with exhibitors that specialise in offering export support to SMEs.

 

Whether you are new to exporting or an experienced exporter, ExploreExport 2013 provides a unique opportunity for businesses to take advantage of the collective insight, knowledge and experience of highly experienced international trade specialists helping you to enter new markets with confidence.

 

Please click on the location below most convenient to you and begin to build your export-focused day by pre-booking your meetings and seminars, which will be allocated on a first-come, first-served basis.

 

http://www.exploreexport.ukti.gov.uk/

 

 

(UKTI Italy, 6 Wednesday November 2013 The Roman)

 

Asia-Pacific leaders on track to sign trade deal by year end

Asia-Pacific leaders on track to sign trade deal by year end

 

[caption id="attachment_9201" align="alignnone" width="722"] (US Secretary of State John Kerry (second from right) speaks with his country's Trade Representative Michael Froman, as New Zealand Prime Minister John Key (second from left) speaks with his Trade Minister Tim Groser at the Trans-Pacific Partnership meet in Bali, Indonesia on Tuesday, Oct 8, 2013. The United States and 11 other nations negotiating an Asia-Pacific trade pact say they are on track to agree on a comprehensive deal before the year's end. (PHOTO: AP))[/caption]

 

BALI (AP) - The United States and 11 other nations negotiating an Asia-Pacific trade pact say they are on track to agree on a comprehensive deal before the year's end.

 

A statement issued by the 12 leaders on Tuesday after an Asia-Pacific Economic Cooperation summit in Bali said they have made "significant progress" in setting standards for trade in goods and services, and for investment and public procurement.

 

It said they had agreed "to resolve all outstanding issues with the objective of completing this year a comprehensive and balanced, regional agreement."

 

US Secretary of State John Kerry stood in for President Barack Obama, who stayed home to deal with the debt stalemate.

 

The nations include Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, United States, and Vietnam.

 

(The Straits Times, 8 Tuesday October 2013 The Roman)

 

 

Inflation was in the EU

Inflation was in the EU

 

We watched euronews.net streaming TV today.

 

We watched many channels.

 

We watched many news.

 

Then we realized ‘Inflation was in the whole of the EU’, we can realize from Japan, The Kingdom of Nihon and The Kingdom of Ryukyu.

 

We are not economists, but we know many solutions to cure inflation.

 

We do not know easy or difficult, but we had solved inflation.

 

Japan will help the EU.

 

Please contact and consult to Japan.

 

Japan is rising from fifteen years deflation.

 

Real economy report is one of an economic measure, this is Japan, The Kingdom of Nihon and The Kingdom of Ryukyu.

 

Market Report and Recipe, can know money in the purse.

 

This is real economy.

 

Our call number is 3 (The Kingdom of Nihon), 6 (The Kingdom of Ryukyu), 2 (The Kingdom of Mandarin).

 

6 call is the easiest way.

 

The happy and funny persons welcome you.

 

The Kingdom of Ryukyu is helping the EU.

 

(R.S.F. toshiki speed news press, Agence France-Presse, 29 Sunday September 2013 The Roman)

 

The trade and business improvement order to Mizuho Bank, Financial services with anti-social forces

The trade and business improvement order to Mizuho Bank, Financial services with anti-social forces

 

金融庁、みずほ銀行に業務改善命令　反社会的勢力と取引

 

[caption id="attachment_8958" align="alignnone" width="397"] (Mizuho Bank (Photo AFP, Toshiki Shirose))[/caption]

 

 

金融庁は９月２７日、暴力団を含む反社会的勢力との取引の存在を知りながら放置したとして、みずほ銀行に業務改善命令を出した。

 

信販会社を通じた自動車ローンなどで計２３０件、総額２億円超に上る取引があったにもかかわらず、２年以上も適切に対応せず放置したと指摘。

 

１０月２８日までに業務改善計画を提出するよう求めた。

 

銀行と反社会的勢力をめぐっては、みずほの前身である第一勧業銀行が総会屋に利益を供与していた事件が１９９７年に起き、社会的な問題となった経緯がある。

 

金融庁は今回の取引は「事後処理が適切でなかった」と説明した。

 

http://www.niigata-nippo.co.jp/

 

（新潟日報、2013年9月28日）

 

The trade and business improvement order to Mizuho Bank,  Financial services with anti-social forces

 

27 September 2013, Mizuho Bank, as was left knowing the existence of the deal with anti-social forces, including the gangsters, Financial Service Agency (FSA) issued the trade and business improvement order.

 

FSA pointed out that despite a total of 230, such as auto loans through the credit company, there was a deal amounting to 200 million yen total or more than, and was allowed to stand without support properly for more than two years.

 

Mizuho Bank was asked to submit the trade and business improvement plan by 28 October 2013.

 

The over anti-social forces and banks, incident Dai Ichi Kangyou Bank (DKB), the predecessor of Mizuho Bank had given money or other benefits to the extortionist has happened in 1997, there were circumstances that became a social problem.

 

Financial Services Agency explained, "Post-processing is not appropriate," said this Mizuho Bank deal.

 

(Niigata Nippo, 28 Saturday September 2013 The Roman)

(Translated: R.S.F. toshiki speed news press, Agence France-Presse, 29 Sunday September 2013 The Roman)

 

 

Editorial: Progress march continues

Editorial: Progress march continues

 



 

The Kingdom marks the 83rd National Day today with enthusiasm and a spectacular display of fireworks.

 

The show of pyrotechnics, among other activities, will provide an interesting metaphor for the country’s progress over the last eight decades.

 

What the Kingdom has enjoyed has been steady and solid progress, based on wise rule and a population that, with every passing year feels, with ever greater cause, ever greater pride in being Saudi.

 

The Kingdom is now the largest and most influential economy in the Arab world.

 

It has inspired its fellow members of the GCC to move toward increasing economic integration.

 

Saudi statesmanship has had a profound impact throughout the region.

 

In 2002, the Saudi Peace Plan for a settlement in Palestine became and remains the starting point for negotiations between the Palestinians and the Israelis, trading the recognition of Israel’s pre-1967 borders, in return for the evacuation of the occupied territories, including East Jerusalem and the resolution of Palestinian refugee claims.
The Kingdom’s role in supporting Islamic institutions throughout the Muslim word, both politically and financially has been second to none.

 

Saudi charitable works have sustained and fostered the health and education of tens of millions of Muslim families over the last 83 years.

 

And indeed the Kingdom has also given generously to support those stricken by natural disaster throughout the world, whatever their religion.

 

The Saudi economy has grown steadily over the decades.

 

Top Saudi companies are not only on a par with their competitors, but at times lead in their field and are expanding their businesses beyond the Kingdom and indeed beyond the Arab world.

 

What has underpinned this extraordinary success has been the substantial investment that has been made in the development of Saudi Arabia’s nonoil economy.

 

Under the leadership of Custodian of the Two Holy Mosques King Abdullah there has been a massive growth in all areas, but particularly in education and infrastructure.

 

New industrial cities are bringing jobs and wealth creation outside the oil and gas sector.

 

And a revolutionary expansion of educational opportunities, such as the King Abdullah University of Science and Technology and the King Abdullah Scholarship program, which is sending thousands of young Saudi men and women to some of the world’s best academic institutions, is producing the highly-educated graduates who will work in the new economy.

 

While the Kingdom already boasts some of the world’s most advanced telecommunication systems, under construction is a network of physical infrastructure, not least of all a nationwide rail network, that will link our towns and cities together with fast and efficient passenger and freight transport.

 

These extraordinary infrastructural programs could be described as evidence of “explosive” growth.

 

Yet unlike the celebratory fireworks that we will see in the capital and other cities this evening, the impact of these explosions will not fade away.

 

Indeed with every passing year, the Kingdom’s prospects become brighter and more splendid.

 

Happy National Day!

 

(Arab News, 23 Monday September 2013 The Roman)

 

EU and Singapore unveil new free-trade agreement

EU and Singapore unveil new free-trade agreement

 

(Reuters, BRUSSELS)

 

The EU and Singapore yesterday submitted for approval one of the world’s most comprehensive free-trade agreements, which the EU sees as a stepping stone toward a wider deal with southeast Asia.

 

The chief negotiators of both sides presented the entire text of the agreement yesterday after initialing each page of the roughly 1,000-page document.

 

Subject to approval in Singapore and by the 28 EU member states and the European Parliament, the agreement should enter into force late next year or early 2015.

 

Trade in goods between the two topped 52 billion euros (US$70.4 billion) last year and in services 28 billion euros in 2011.

 

Mutual investment has reached 190 billion euros.

 

The EU sees a free-trade deal as opening the door to a deal with other members of ASEAN, which has set a goal of economic integration by 2015.

 

The EU and ASEAN launched free-trade talks in 2007, but abandoned them two years later, the EU choosing instead to conduct bilateral talks with individual members.

 

The European Commission is already negotiating free-trade agreements with Malaysia and Vietnam, and it launched talks in March with Thailand.

 

Singapore has a population of just 5 million people, against about 600 million for the whole of ASEAN, but accounts for about a third of all EU-ASEAN trade and more than 60 percent of all investment between the two regions.

 

The deal goes beyond many other free-trade accords in committing to open up public procurement, an area where the EU has many leading suppliers, and agreeing on technical standards in areas such motor vehicles, electronics and green technologies.

 

For example, a car made according to EU standards would be accepted for sale in Singapore.

 

The EU also gains better protection of “geographical indications,” region-specific products such as Parma ham or champagne.

 

EU tariffs on virtually all items from Singapore would disappear over five years.

 

Singapore has committed to its existing zero tariffs on EU imports.

 

Singapore is likely to benefit from reduced tariffs for pharmaceutical and petrochemical products.

 

In services, particularly financial, the agreement would ensure the right to sell directly or establish branches in each other’s markets.

 

(Taipei Times, 21 Saturday September 2013 The Roman)