Thursday, June 18, 2009
Wednesday, June 17, 2009
Emerging Economies Want More Say
The global financial meltdown has caused concern about the strength of the dollar
Tuesday, June 16, 2009
Alberta’s Economy Takes a Nosedive: RBC
A rock truck pulls away from the shovel with a full load from the Albian Sands Muskeg River Mine in Fort McMurray. These are difficult days for the oilsands, one of the few remaining engines of Alberta's -- and Canada's -- economy.Photograph by: Reuters, The Edmonton Journal
New Brunswick : Economy Predicted to Rebound in 2010
Paul Ferley, assistant chief economist with RBC Economics
Ontario Economy Goes Deep
Read Also ;
Ontario economy could shrink by 3.4 per cent this year, says RBC Economics
http://www.google.com/hostednews/canadianpress/article/ALeqM5inIpG0T0gkdOYAUtyu0xU2wWslig
Abbotsford Economy to Shrink this Year: Report : Reduced Construction, Lower Demand for Resources will Hurt B.C.
Manufacturing and construction started the year on a weak note in Abbotsford and that negative growth is on tap in the goods sector because construction and manufacturing are not expected to rebound this year.
The Leaders of Brazil, Russia, India and China Meet to Discuss the Economy, and Other News
THE ECONOMIST :Leaders of Brazil, Russia, India and China, known collectively as the BRIC countries, are gathering for their first official summit in Yekaterinburg, Russia, on Tuesday June 16th. China and India have continued to grow reasonably quickly despite the global downturn, and although Brazil is in recession many expect it to recover soon. Of the four economies Russia, which is heavily dependent on oil exports, has been the worst affected. The leaders may discuss long-term plans to find an alternative to the dollar as a global currency. Another possible topic for consideration is trade in commodities: China and India are heavy importers of many commodities such as oil; Russia and Brazil are big exporters of raw materials.
Read Also :
BRICs May Buy Each Other’s Bonds in Shift From Dollar
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWgZ7EeTvFbk
Russia hosts first BRIC summit, India-Pakistan meet
http:
//www.reuters.com/article/latestCrisis/idUSLF439266
Emerging Economic Powers Meet in Russia
http://www.nytimes.com/2009/06/17/world/europe/17bric.html
First summit for emerging giants
http://news.bbc.co.uk/2/hi/business/8102216.stm
BRIC summit may focus on reducing dollar dependence
http://www.chinadaily.com.cn/bizchina/2009-06/16/content_8287812.htm
BRIC nations gather for inaugural summit
Brazil, Russia, India and China make push for more economic clout
http://www.theglobeandmail.com/report-on-business/bric-nations-gather-for-inaugural-summit/article1181686/
Monday, June 15, 2009
Friday, June 12, 2009
Dry Run
The Baltic Exchange Dry index, which measures the shipping costs for commodities, reached its highest level since September, mostly because of rising demand in China for iron ore, coal and grains.
The price of oil closed above $70 a barrel on June 10th for the first time this year.
Standard & Poor’s warned Asian countries that their sovereign-debt ratings were at risk of being downgraded. The credit-rating agency recently lowered its outlook from “stable” to “negative” for India and Taiwan because of their “fiscal deterioration” caused by massive economic support programmes. Meanwhile, S&P lowered its debt rating for Ireland, again.
Executive Pay in America : Principles, Not Pitchforks
Lire aussi ;
Rémunération dans les banques - Le Trésor n'imposera pas de règles
http://www.ledevoir.com/2009/06/11/254468.html?fe=7009&fp=235271&fr=153331
Thursday, June 11, 2009
Tuesday, June 9, 2009
M. Charest ne Croit pas que les Villes Canadiennes s’opposent à l’Inclusion des Contrats Municipaux et Provinciaux dans l’Accord de Libre-Échange
Jean Charest premier ministre du Québec.
Jean Charest is Prime Minister of Quebec.
Monsieur Charest ne croit pas que les villes canadiennes s’opposent à l’inclusion des contrats municipaux et provinciaux dans l’accord de libre-échange nord-américain mais qu’elles ont voulu faire monter la pression sur les Américains en menaçant de riposter aux provisions du « Buy America act » par un « Buy Canada act ».
Mr. Charest do not think that Canadian cities are opposed to the inclusion of provincial and municipal contracts in the free trade agreement in North America but they wanted to raise the pressure on the Americans by threatening to retaliate to the provisions of the "Buy America Act" with a "Buy Canada act."
To learn more about Mr. Charest in Wikipedia :
http://en.wikipedia.org/wiki/Jean_Charest
Good News About the Economic Indicators : The Economic Recovery Will be Modest and Slow but it's Still Growing...
Jonarhan Spector : Mr. Spector, 50, is the 11th President and CEO of The Conference Board of the USA, which was founded in 1916.
Jonathan Spector president du Conference Board des Etats-Unis
Monsieur Spector prévient que la reprise sera faible et lente et que nous risquons de connaître plusieurs « années » de très faible croissance au sortir de la grave crise économique. Entrevue en anglais.
To learn more about Mr. Spector :
http://www.conference-board.org/utilities/pressDetail.cfm?press_ID=3077
Shaukat Aziz : The Causes of the Actual Crisis
Shaukta Aziz ancien premier ministre du Pakistan
Shaukta Aziz former Prime Minister of Pakistan
« Cupidité, arrogance, mauvaise politique de rémunération et management déficient. »Ces mots très durs pour décrire les causes de la crise actuelle sont ceux de l’ancien Premier Ministre du Pakistan, qui par ailleurs estime que l’Occident a tort de craindre que les Talibans ne mettent la main sur l’armement nucléaire pakistanais. Entreveu en anglais.
To learn more about Shaukat Aziz in Wikipedia :
http://en.wikipedia.org/wiki/Shaukat_Aziz
Perspective face à la Reprise Économique : Dominique Strauss-Kahn Directeur général du FMI
Dominique Strauss-Kahn directeur général du FMI
Le Fond Monétaire International prévoit la reprise pour le premier semestre de 2010, mais prévient qu’elle ne sera pas acquise tant que les banques n’auront pas fait le ménage de leur bilan, ce qui n’est pas encore fait.
Pour en savoir plus sur le Directeur Général du FMI:
Dominique Strauss-Kahn sur Wikipedia
http://en.wikipedia.org/wiki/Dominique_Strauss-Kahn
Pour consulter le site du FMI :
http://www.imf.org/external/french/index.htm
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