2012. #8 The movement away from the U.S. dollar as the primary reserve currency of the world will pick up momentum. This will especially be true in Asia. #9 The economic depressions in Greece and Spain will get even worse and unemployment in the eurozone will go even higher in 2013. #10 A financial crisis in Europe will cause officials to grasp for "radical solutions" that will surprise many analysts. #11 The unemployment rate in the United States will be higher by the end of 2013 than it is now
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Introduction to Finance Air France - KLM Financial Analysis. Before reading I chose Air France as a company to analyze it financially-speaking. But‚ as my major is in economy in ENPC‚ I will also include strategic information in this report. I based the financial accounting on the data provided by Yahoo! Finance‚ which are the three statements‚ back to March 31‚ 2007 for the oldest report base. I also reviewed some of other companies in the same business
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South Korea South Korea‚ officially the Republic of Korea. "The Great Republic of Korea is a country in East Asia‚ constituting the southern part of the Korean Peninsula. It shares land borders with North Korea to the north‚ and oversea borders with China to the west and Japan to the east. The capital and largest city is Seoul‚ with a population of 10 million. The Korean War began in 1950 when forces from the North invaded the South. The war lasted three years
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What kinds of industries tend to be better performers in the medium to long term? Why? What kinds of industries tend to do poorly in the medium to long term? Why? In determining the industries that performs better or poorly‚ it is important to note that better performance indicates better profitability and poor performance indicates loss or minimal profitability. Since we are considering medium and long-term performance we will be considering performance data ranging anywhere between three to
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− Increasing market power 2 Overviews of social and economic situations in China: • The meaning of China’s geographic location‚ the Per capita GDP and the population: China’s economy is similar in size to that of the Eurozone‚ on a USD purchasing power parity basis‚ but with four times the population. Beijing‚ which China’s captital‚ is not only the country’s political capital
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1. Introduction: The Optimum currency areas theory is the seminal contributions developed by Mundell (1961)‚ it attempts to answer a question under which conditions a certain country would like to join a fixed exchange rates system. According to Krugman (2000)‚ if the monetary efficiency gain of one country exceeds its economic stability loss‚ the country will wish to join a monetary union/ a fixed exchange rate system. In this paper‚ the theory of optimum currency areas will be analysed in part
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Marks and Spencer is the British multinational retail company that specializes on producing clothing and high-quality food. Being the dominant force on the UK market Marks and Spencer owns 600 stores in the home country and over 225 stores worldwide. Bird (1986) claims Marks and Spencer to be the most powerful image of Great Britain; the company currently being the most profitable UK organization also is one of the most innovative in the world. Two main features of the Marks and Spencer are centralization
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[Economy] Fiscal Consolidation‚ Fiscal Deficit : Meaning‚ Implications‚ Explained Why Vijay Kelkar Committee was formed? 1. Parts of Budget= Revenue + Expenditure 2. Types of Budget= Deficit/Surplus/Balanced 3. Why printing more money=Bad idea? 4. When fiscal deficit NOT BAD? 5. When & Why is fiscal deficit BAD? 1. Creates inflation 2. Black Money 3. Bond Yield increased 4. Crowding out investment 5. Twin deficit hypothesis 6. Current
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------------------------------------------------- Interest rate parity From Wikipedia‚ the free encyclopedia Interest rate parity is a no-arbitrage condition representing an equilibrium state under which investors will be indifferent to interest rates available on bank deposits in two countries.[1] The fact that this condition does not always hold allows for potential opportunities to earn riskless profits from covered interest arbitrage. Two assumptions central to interest rate parity are capital
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ECONOMICS ASSIGNMENT: THE BUSINESS ENVIRONMENT ECONOMICS ASSIGNMENT: THE BUSINESS ENVIRONMENT Compiled by SYNDICATE 8 [ALPHAS] Denishree Naidoo Marcus Gericke Adrian Pillay Tumi Mdudli Tina Sefotlhelo • Ontiretse Modise • • • • • ECONOMICS ASSIGNMENT : THE BUSINESS ENVIRONMENT TABLE OF CONTENTS 1. INTRODUCTION:......................................................................................................................................................1 2. FACTORS INFLUENCING
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