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Joseph Andersen

Corliss Online Financial Mag, Japan advarer mot "consequences" i USA gjeld kamp - 1 views

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    Japans økonomi minister og mest sentrale banker fredag oppfordret Washington å løse sine politiske gridlock, advarsel gjeld standard kan føre til grim "consequences" for den globale økonomien. TOKYO: Japans økonomi minister og mest sentrale banker fredag oppfordret Washington å løse sine politiske gridlock, advarsel gjeld standard kan føre til grim "consequences" for den globale økonomien. Nåværende uføret, hvor avslag av en høyreekstrem bakdel av det republikanske partiet å passere et budsjettforlik har resultert i en regjeringen nedleggelse, påvirker allerede valutamarkedene, finansminister Taro Aso sa advarsel det kunne forverres. Jeg tror dette kunne sannsynligvis føre til en situasjon hvor dollaren vil bli solgt og yen skal kjøpes,"fortalte Aso reportere. Yen har allerede steget til flere måneder diskant mot dollar, som handelsfolk flytter fra greenback og til trygg havn av den japanske valutaen. Fallende dollar er dårlige nyheter for Japans eksportører, en sentral pådriver for vekst i verdens tredje største økonomi, fordi svekker deres repatriated fortjeneste. Japanske enheten ble skiftet hender på 97.08 til dollar i slutten asiatisk handel. Men "min følelse er... gjeld grensen vil ha et internasjonalt betydelig innvirkning, sa Aso refererer til en truende 17 oktober frist som den amerikanske regjeringen trenger lovgivere å heve taket på hvor mye penger det kan låne. "Med mindre det er løst raskt, vil vi se ulike konsekvenser." Japan er store innehaver av amerikanske statsgjeld. Bank of Japan guvernør Haruhiko Kuroda ekko Aso bekymringer, men sa hvis følelsesmessig ladet standoff kunne løses raskt, det ikke må spore fledgeling U.S. økonomisk utvinning. Usikkerhet Kuroda, en tidligere leder av asiatiske utviklingsbanken, sa var kjernen fordi usikkerhet ville sette en belastning på global vekst. "Hvis en slik situasjon blir det kanskje har en alvorlig innvirkning på den amerikanske økonomien og verdensøkonomien
Gerald Hussen

Corliss Group Online Financial Mag Hong Kong Between A Rock and Hard Place - 2 views

Corliss Group Online Financial Mag Hong Kong Between a rock and hard place One of a handful of Britain's remaining possessions, Gibraltar is an interesting anachronism says Gillian Vine. Last yea...

Corliss Group Online Financial Mag Hong Kong Between A Rock and Hard Place

started by Gerald Hussen on 06 Mar 14 no follow-up yet
Gerald Hussen liked it
Gerald Hussen

Britain's economy to become largest in Europe - and will grow even more if we leave EU - 0 views

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    The think tank Centre for Economics and Business Research (CEBR) predicts the UK economy will outstrip France and Germany within two decades even if Britain stays in the EU. But while leaving the organisation would have initial negative consequences, the CEBR's chief executive Douglas McWilliams suspects "that over a 15-year period, it would probably be positive." Britain is set to vote on a referendum on EU membership in 2017. The report predicts the UK's GDP will first move to fifth place ahead of France by 2018 before leapfrogging Germany around 2030. However, despite being forecast to be the second most successful of the Western economies after the US, it will fall behind the accelerating economies of India and Brazil. "Germany is forecast to lose its position as the largest Western European economy to the UK around 2030 because of the UK's faster population growth and lesser dependence on the other European economies," the report said. But added: "If the euro were to break up, Germany's outlook would be much better. "A Deutsche Mark-based Germany certainly would not be overtaken by the UK for many years if ever." It added that a factor driving the UK's move ahead of Germany is the assumption of a falling value for the euro, Germany's falling population and the UK's rising population. The gap between the two countries will fall from almost £610billion in 2013 to just £183billion in five years. The UK's GDP will grow from more than £1.59trillion in 2013 to £2.6trillion in 2028, compared to China which is predicted to be in top position with a GDP of more than £20.5trillion, ahead of the US with an estimated £19.7trillion Japan will fall from its steady position in the global league of third to fourth by 2028, overtaken by India and followed by Brazil, Germany and the UK. The positive report on the economy comes as a poll reveals more people believe they would be helped rather than harmed by a rise in interest rates. A survey reveals that a pre-
Yelena Jakov

Tokyo investors focus on US debt woes by Corliss Online Financial Mag - 1 views

http://www.skynews.com.au/businessnews/article.aspx?id=912230 Tokyo investors will stay focused on the US government shutdown next week, as fears grow it could lead to a devastating debt default a...

corliss online financial mag Tokyo investors focus on US debt woes

started by Yelena Jakov on 07 Oct 13 no follow-up yet
Gerald Hussen

When to Hire a Bookkeeper or Accountant - 1 views

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    A serial entrepreneur Aaron Sylvan who lives in New York, contrasts the circumstances to requiring to hire both a carpenter and an architect when building a house. An accountant can analyze the big picture of your financial situation and offer strategic advice as he/she produces key financial documents, like profit-and-loss statement, if needed, and files a company's taxes. An accountant can also act as an outsourced chief financial officer, advising an entrepreneur on financial strategies, like whether to secure a line of credit against receivables when introducing new products after tax season is over On the contrary, a bookkeeper's jobs are the day-to-day hands-on tasks: making sure new employees file all the right paperwork for the company's payroll, submitting invoices (promptly) and following up on them, and paying the bills. The bookkeeper also tracks company expenses or company financial statements and can assure that every cost has been entered - and recorded correctly - into software like QuickBooks so that the business is ready for tax time along with filing any other reporting to, say, creditors or investors. "I don't keep receipts; they're a pain," says Sylvan, who runs Sylvan Social Technology, an ecommerce-services company. "Every month I get a bank statement with a gazillion transactions," such as taxi rides, meals, conferences and other expenses he has placed on his company's debit card. He said his bookkeeper spends a few hours a week sorting it all out. Consequently, Sylvan has a better idea about how his expenditures stack up in opposition to his budget. He is certain he won't bill clients wrongly or miss important payments. "Knowledge is power," even when it comes to the small details, Sylvan says. "If you don't have a bookkeeper, you're probably not being as strategic as you could be in how you spend your money." When to Bring in a Bookkeeper Sylvan has typically hired a bookkeeper for a few hour
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