Group items tagged

Euro Zone debt Crisis Warning: China a forerunner for global Downturn A global economy slowing only gently would be an immense relief after a fraught end to 2011, but it is far from guaranteed. Greek debt discussions could retract next week in a tussle over the size of losses banks that must to face. Based from Bradley Associates World Current News, the anxiety over Iran's nuclear program continues to threaten oil markets. While, U.S data surprisingly showed the weak retail sales and a rise of unemployment last week, a reminder that the U.S recovery is not yet out of the woods. So, even as signs suggest only a slight easing in global growth this year to a pace around 3 percent, the pitfalls are numerous. Mainly, among them is China. Data on Tuesday is expected to present growth in China, the world's second-largest economy, cooled in the fourth quarter to 8.7 percent from a year earlier, against 9.1 percent in the prior quarter. It would be the slowest speed of growth since mid-2009 when the global economy was crawling out of a deep recession. In addition, the biggest question is how much of the slowdown can be blamed on slackening worldwide demand for China's exports and how much on weakening domestic growth. According to Bradley Associates World Current News, If China's central growth is stalling, that would put yet another drag on countries such as Germany and the United States, which are relying upon strong exports themselves to help compensate for the sluggish growth at home. U.S trade data for November was slightly stimulating on that score, with exports to China up by 2.1 percent to their highest level in almost a year. However, data from China revealed that in December demand slackened and imports from the United States which fell down to 2.7 percent, and the nation's overall trade surplus fell to a three-year low down, raising alarms around the world of a very difficult landing. A pointed downturn in Chinese demand would also spell damage to

The Irish Open will boast three of the four current Major Champions after Keegan Bradley, the reigning US PGA Championship winner and one of a new breed of American stars, confirmed he will be heading for Royal Portrush Golf Club. The 25 year old has never played a professional tournament in Europe, but has been lured by the magnificent links of Royal Portrush, where he will compete among a stellar field which also includes current US Open Champion Rory McIlroy and reigning Open Champion Darren Clarke. The strength of the line-up for the €2million event, which is being played in Northern Ireland for the first time since 1953 from June 28 to July 1, is growing week by week, with Graeme McDowell, the 2010 US Open Champion, and three-time Major winner Padraig Harrington also confirmed. With Italian brothers Edoardo and Francesco Molinari also playing, it means half of the victorious 2010 European Ryder Cup Team has already confirmed they will be in attendance at the famous County Antrim venue. Bradley, who has high hopes of facing Europe in September by qualifying for the United States Ryder Cup Team, arrived under the spotlight of global golf in 2011 when he won the US PGA Championship at Atlanta Athletic Club in dramatic fashion. A triple bogey at the 15th left him five shots behind with three holes to play, but birdies at the 16th and 17th gave him a share of the lead after 72 holes, and he went on to defeat his compatriot Jason Dufner in a three-hole play-off. The former all-state ski racer and 2011 US PGA Tour Rookie of the Year became only the third player to win on his Major Championship debut, after Francis Ouimet in the 1913 US Open and Ben Curtis in The 132nd Open Championship in 2003. Bradley is following fellow young Americans Dustin Johnson and Masters Champion Bubba Watson, who last summer played in Europe in the build-up to The Open Championship, and he is relishing the experience. "I'm very proud of my Irish heritage," said Bradley,

The Irish Open will boast three of the four current Major Champions after Keegan Bradley, the reigning US PGA Championship winner and one of a new breed of American stars, confirmed he will be heading for Royal Portrush Golf Club. The 25 year old has never played a professional tournament in Europe, but has been lured by the magnificent links of Royal Portrush, where he will compete among a stellar field which also includes current US Open Champion Rory McIlroy and reigning Open Champion Darren Clarke. The strength of the line-up for the €2million event, which is being played in Northern Ireland for the first time since 1953 from June 28 to July 1, is growing week by week, with Graeme McDowell, the 2010 US Open Champion, and three-time Major winner Padraig Harrington also confirmed. With Italian brothers Edoardo and Francesco Molinari also playing, it means half of the victorious 2010 European Ryder Cup Team has already confirmed they will be in attendance at the famous County Antrim venue. Bradley, who has high hopes of facing Europe in September by qualifying for the United States Ryder Cup Team, arrived under the spotlight of global golf in 2011 when he won the US PGA Championship at Atlanta Athletic Club in dramatic fashion. A triple bogey at the 15th left him five shots behind with three holes to play, but birdies at the 16th and 17th gave him a share of the lead after 72 holes, and he went on to defeat his compatriot Jason Dufner in a three-hole play-off. The former all-state ski racer and 2011 US PGA Tour Rookie of the Year became only the third player to win on his Major Championship debut, after Francis Ouimet in the 1913 US Open and Ben Curtis in The 132nd Open Championship in 2003. Bradley is following fellow young Americans Dustin Johnson and Masters Champion Bubba Watson, who last summer played in Europe in the build-up to The Open Championship, and he is relishing the experience. "I'm very proud of my Irish heritage," said Bradley,

Good news indeed.

The Irish Open will boast three of the four current Major Champions after Keegan Bradley, the reigning US PGA Championship winner and one of a new breed of American stars, confirmed he will be heading for Royal Portrush Golf Club. The 25 year old has never played a professional tournament in Europe, but has been lured by the magnificent links of Royal Portrush, where he will compete among a stellar field which also includes current US Open Champion Rory McIlroy and reigning Open Champion Darren Clarke. The strength of the line-up for the €2million event, which is being played in Northern Ireland for the first time since 1953 from June 28 to July 1, is growing week by week, with Graeme McDowell, the 2010 US Open Champion, and three-time Major winner Padraig Harrington also confirmed. With Italian brothers Edoardo and Francesco Molinari also playing, it means half of the victorious 2010 European Ryder Cup Team has already confirmed they will be in attendance at the famous County Antrim venue. Bradley, who has high hopes of facing Europe in September by qualifying for the United States Ryder Cup Team, arrived under the spotlight of global golf in 2011 when he won the US PGA Championship at Atlanta Athletic Club in dramatic fashion. A triple bogey at the 15th left him five shots behind with three holes to play, but birdies at the 16th and 17th gave him a share of the lead after 72 holes, and he went on to defeat his compatriot Jason Dufner in a three-hole play-off. The former all-state ski racer and 2011 US PGA Tour Rookie of the Year became only the third player to win on his Major Championship debut, after Francis Ouimet in the 1913 US Open and Ben Curtis in The 132nd Open Championship in 2003. Bradley is following fellow young Americans Dustin Johnson and Masters Champion Bubba Watson, who last summer played in Europe in the build-up to The Open Championship, and he is relishing the experience. "I'm very proud of my Irish heritage," said Bradley, wh

MADRID - Spaniens neue konservative Regierung gelobt, die Rettung des Landes, aus einer wirtschaftlichen Krise und stärkt seine Position in Europa, wie es am Donnerstag.Die 13 minister schworen Loyalität zu König Juan Carlos und dann verstreut unmittelbar an ihre neuen beiträge bekommen Ministerpräsident Mariano Rajoy die sparpolitik in der viertgrößtenVolkswirtschaft der Eurozone. Unter ihnen, der ehemalige Vorstand der zerstörten US-bank Lehman Brothers, Luis de Guindos, nahmden Schlüssel, der den Auftrag hat der Bundesminister für Wirtschaft holen fünf Millionen Arbeitslosewieder in Arbeit und beruhigend Spaniens Investoren. "Ich bin davon überzeugt, dass mit der Anstrengung aller und mit den richtigen Strategien, Spanienwird wieder auf den Pfad der Nachhaltigkeit", sagte De Guindos amtsantritt offiziell in einer fernsehansprache. "Ich bin davon überzeugt, dass mit der Anstrengung aller und mit den richtigen Strategien, Spanienwird wieder auf den Pfad der Nachhaltigkeit", sagte De Guindos amtsantritt offiziell in einer fernsehansprache. Analysten darauf hingewiesen, dass De Guindos und mehrere andere Minister haben Hintergründe inder Wirtschafts- und Europäische Angelegenheiten, wichtig für die mission zu überzeugen märkte, dassSpanien nicht ein schwaches Glied in der Eurozone. "The government team Mariano Rajoy has chosen is consistent with Spain's urgent needs…employment and the need to generate international confidence," said Antonio Nunez of IESE businessschool in Madrid. De Guindos, 51 Jahre, war Lehman Brothers' executive chairman für Spanien und Portugal von 2006 bis zu seinem Zusammenbruch im Jahr 2008, die läutete der die schlimmste Phase der globalenFinanzkrise "Er könnte in Mangel an Glaubwürdigkeit, weil von seiner Position als ehemaliger Präsident der Lehman Brothers Spanien," aber der ehemalige Bundesminister für Wirtschaft hat "junior reichlich Erfahrung in der Regierung", IESE sagte in

MADRID - Spaniens neue konservative Regierung gelobt, die Rettung des Landes, aus einer wirtschaftlichen Krise und stärkt seine Position in Europa, wie es am Donnerstag.Die 13 minister schworen Loyalität zu König Juan Carlos und dann verstreut unmittelbar an ihre neuen beiträge bekommen Ministerpräsident Mariano Rajoy die sparpolitik in der viertgrößtenVolkswirtschaft der Eurozone. Unter ihnen, der ehemalige Vorstand der zerstörten US-bank Lehman Brothers, Luis de Guindos, nahmden Schlüssel, der den Auftrag hat der Bundesminister für Wirtschaft holen fünf Millionen Arbeitslosewieder in Arbeit und beruhigend Spaniens Investoren. "Ich bin davon überzeugt, dass mit der Anstrengung aller und mit den richtigen Strategien, Spanienwird wieder auf den Pfad der Nachhaltigkeit", sagte De Guindos amtsantritt offiziell in einer fernsehansprache. "Ich bin davon überzeugt, dass mit der Anstrengung aller und mit den richtigen Strategien, Spanienwird wieder auf den Pfad der Nachhaltigkeit", sagte De Guindos amtsantritt offiziell in einer fernsehansprache. Analysten darauf hingewiesen, dass De Guindos und mehrere andere Minister haben Hintergründe inder Wirtschafts- und Europäische Angelegenheiten, wichtig für die mission zu überzeugen märkte, dassSpanien nicht ein schwaches Glied in der Eurozone. "The government team Mariano Rajoy has chosen is consistent with Spain's urgent needs…employment and the need to generate international confidence," said Antonio Nunez of IESE businessschool in Madrid. De Guindos, 51 Jahre, war Lehman Brothers' executive chairman für Spanien und Portugal von 2006 bis zu seinem Zusammenbruch im Jahr 2008, die läutete der die schlimmste Phase der globalenFinanzkrise "Er könnte in Mangel an Glaubwürdigkeit, weil von seiner Position als ehemaliger Präsident der Lehman Brothers Spanien," aber der ehemalige Bundesminister für Wirtschaft hat "junior reichlich Erfahrung in der Regierung", IESE sagte in

MADRID - Spaniens neue konservative Regierung gelobt, die Rettung des Landes, aus einer wirtschaftlichen Krise und stärkt seine Position in Europa, wie es am Donnerstag.Die 13 minister schworen Loyalität zu König Juan Carlos und dann verstreut unmittelbar an ihre neuen beiträge bekommen Ministerpräsident Mariano Rajoy die sparpolitik in der viertgrößtenVolkswirtschaft der Eurozone. Unter ihnen, der ehemalige Vorstand der zerstörten US-bank Lehman Brothers, Luis de Guindos, nahmden Schlüssel, der den Auftrag hat der Bundesminister für Wirtschaft holen fünf Millionen Arbeitslosewieder in Arbeit und beruhigend Spaniens Investoren. "Ich bin davon überzeugt, dass mit der Anstrengung aller und mit den richtigen Strategien, Spanienwird wieder auf den Pfad der Nachhaltigkeit", sagte De Guindos amtsantritt offiziell in einer fernsehansprache. "Ich bin davon überzeugt, dass mit der Anstrengung aller und mit den richtigen Strategien, Spanienwird wieder auf den Pfad der Nachhaltigkeit", sagte De Guindos amtsantritt offiziell in einer fernsehansprache. Analysten darauf hingewiesen, dass De Guindos und mehrere andere Minister haben Hintergründe inder Wirtschafts- und Europäische Angelegenheiten, wichtig für die mission zu überzeugen märkte, dassSpanien nicht ein schwaches Glied in der Eurozone. "The government team Mariano Rajoy has chosen is consistent with Spain's urgent needs…employment and the need to generate international confidence," said Antonio Nunez of IESE businessschool in Madrid. De Guindos, 51 Jahre, war Lehman Brothers' executive chairman für Spanien und Portugal von 2006 bis zu seinem Zusammenbruch im Jahr 2008, die läutete der die schlimmste Phase der globalenFinanzkrise "Er könnte in Mangel an Glaubwürdigkeit, weil von seiner Position als ehemaliger Präsident der Lehman Brothers Spanien," aber der ehemalige Bundesminister für Wirtschaft hat "junior reichlich Erfahrung in der Regierung", IESE sagte in se

THERE HAS BEEN much talk about how rapid growth markets (RGMs) are expected to be the drivers of the global economy over the next decade. RGMs are countries that emerged from the 2008 recession with minimum damage and which project significant growth. They include a number of economies from the Asia Pacific region. While this is certainly cause for cautious optimism, it also raises the concern that the pressure for these markets to generate growth may also increase the risk of fraud, bribery, and corruption. The Ernst & Young Asia Pacific Fraud Survey Report 2013, released just last Sept. 26, indicates that while many companies in the region have created, or are in the process of creating, policies and procedures to deal with fraud, bribery and corruption, there is often a disconnect in the local application of, and compliance with, these policies. The report surveyed top executives from Australia and New Zealand, China, Indonesia, Malaysia, Singapore, South Korea and Vietnam. While the Philippines was not included in the survey, there are many important lessons that local executives can glean from the report. It complements government's current anti-corruption stance and a similar drive in the private sector for more transparency and integrity in dealing with government. Read more: http://www.bworldonline.com/content.php?section=Economy&title=Managing-fraud-and-corruption-in-Asia-Pacific&id=77517