million in the third quarter to 5.3 million people is jobless at the end of December. This rate rose from 21.5% in the third quarter to 22.8%‚ one of the highest rates in nearly 17 years. Spain has already hit one of the highest rates in the 17-nation eurozone and is expected to step back to recession. This impact hit hard on 16-24 year-olds Spanish went out of job from 45.8% to now 48.6%. Now‚ Spain government is trying to improve the jobs market. Spain GDP for the last five years |Real GDP growth
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RESEARCH Close second half 2011 BALI HOTEL MARKET OVERVIEW HIGHLIGHTS Both domestic and international passenger arrivals in Bali continued on their growth path‚ marking a record high for the fifth consecutive annual increase since 2006. Following the success in hosting the ASEAN Summit in November 2011 and government efforts to improve infrastructure‚ Bali is set to aim for three million foreign tourist arrivals in 2012. On a cumulative basis‚ foreign arrivals continued to demonstrate
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pestel analysis for spain Key Facts Country and capital : Full name Kingdom of Spain Capital city Madrid Government : Government type Parliamentary monarchy Head of state King Juan Carlos I Head of government Prime Minister Jose Luis Rodriguez Zapatero Population : 40.5 million Currency : Euro GDP per capita (PPP) : $33‚700 Demographic details :
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economy. Fig 1.1 Financial review of FY13 (taken from SIA FY2013 report) Based on the FY2013 report‚ SIA (2013) reported that: “During the financial year‚ air travel and freighter demand continued to be affected by the ongoing weakness in the Eurozone and sluggish recovery in the United States. Yields were diluted as tactical promotions were launched to boost loads amid intense competition and key revenue-generating currencies depreciated against SGD. Fuel prices remained high despite the weak
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"The Only Sensible Policy in a Debt Crisis is an Austerity Programme". Discuss this statement with particular reference to unemployment. -- Terri Ha A debt crisis is the situation an economy is facing when its borrowings for spending is much greater than its tax revenue‚ that its public debt is increasing to a point where it is almost impossible to manage. an austerity programme is a series of government imposed policies to manage this debt‚ including a reduction in government spending and an
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Finance 415 Exam I Review Questions Suggestions 1) Read chapters 1 – 5 and review the PPTs we covered in class. 2) Expect 5 or 7 short-answer questions General Questions – 1. In class we reviewed three firms in three different countries. The M/S Milad Nor Company in Afghanistan‚ Caritex in Bulgaria‚ and Obod in Montenegro. Each company was faced with different problems and issues. Please briefly summarize the similarities between the firms and their individual issues. How do the
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in2011-12. Exports mainly depend on the demand and not so much on the price. During the Lehman crisis in 2008-09‚ despite a depreciated rupee‚ merchandise and service exports had slipped by 33% and 26% respectively due to weakening external demand. The Eurozone accounts for 15% of country’s total exports. Any further aggravation of the sovereign debt crisis in the Euro areas‚ is expected to weaken India’s export growth. The mostly affected segment is Software which account for over 40% of total service
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EUROPEAN MONETARY INTEGRATION The perception of INFLATION in Europe Jorge Yébenes Lorena Zamora UEK 2012 INTRODUCTION Definition of Inflation Inflation is the phenomenon that consists of continued and general growth on the price of goods and services in an economy in a certain period of time. It doesn’t follow a cyclical cause and does not affect either not an individual or a few. How can we measure the “inflation”? To measure inflation‚ we use a "general index‚" a ratio‚ percentage
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Strategic Plan Johnson Controls 2012 History In 1885‚ Warren Johnson inspired the future‚ launching an industry focused on energy efficiency and a company poised to explore new ideas and enter new fields. This foundation has ignited the customer-focused innovation of thousands of employees for more than 125 years. Our 170‚000 employees now creates quality products‚ services and solutions to optimize energy and operational
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In the past several years‚ in the face of economic hardships and threats both at home and abroad‚ waves of nationalist sentiment have swept across the world. In Turkey‚ President Erdogan has used Islamic nationalism to gain increasing power. In the United States‚ President Donald Trump placed nationalism at the core of the campaign which led to his improbable election. In the United Kingdom‚ nationalist sentiment led to the political upset of Brexit. These major political shifts have caused alarm
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