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EUROPEAN CRISIS

European Central Bank President Jean-Claude Trichet warned about the threat to the financial system in line with the increasing conflicts between European political leaders about how best to remove Europe from the debt crisis (11/10)

According to Trichet scale of the current crisis has reached a systemic dimension. Pressure has been mounting, and not only affects only the European countries with small economies, but has begun to affect countries with large economies. Tricht confirmed that the scale has been achieved when there is no room to slow down in deciding the direction of European financial policy.

Trichet added that the current growing conditions exacerbated by the decline in capital market for banks. She actually calls for good cooperation between the European officials.

The high relevance in the European financial system has resulted in sharply increased risk of transmission of financial crises. This is very threatening financial stability in the euro area and will provide tremendous impact for the European economy as a whole, and even it can also affect the economies outside the European region.

No Commentsby  /  October 12, 2011  /  Posted in: Economic, Info, Internet
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TOYOTA PRODUCTION : 7 MONTHS AFTER THE TSUNAMI

Global production of Toyota Motor recover to pre-tsunami levels in September, two months earlier than expected, company officials said as quoted by Japanese media on Friday (07/10/2011).

The world’s largest automaker longer able to assemble all the vehicles in the message both in Japan and overseas due to supply components and spare parts back to normal, officials said.

Many factory Toyota group in Japan was forced to reduce or stop production after the earthquake and tsunami that struck March 11 northeastern Japan, destroying some plants and very disturbing component supply chain.

The lack of components from Japan also inhibits the production of Toyota’s overseas, especially in the United States and South Asia.

Sales by the world’s biggest car maker hit in April-June quarter due to the inability to produce at normal levels.

The assembly line has started to return or production gradually increased since the disaster, but Toyota expects the situation will not return to normal until November or December.

Although recovery is faster than expected, there will likely be a long wait for delivery of some popular vehicles.

For the eight models, including the Prius hybrid, will not wait more than three months, according to officials quoted by Kyodo news agency.

Many manufacturers of components that are key to the production-based cars in the area most severely hit by the disaster in Japan, their facilities damaged by a magnitude 9.0 earthquake on the seabed or submerged by the giant waves that followed.

Damage to facilities they have hit the auto sector for months.

No Commentsby  /  October 8, 2011  /  Posted in: Automotive, Business, Economic, Financial, Info, Internet, Technology
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APPLE ANNOUNCEMENT

iPhone is a smart gadget of the most popular today than any other smart gadgets. October 2011: Apple announcement of a new product that is more sophisticated: iphone5.

Competition between the Apple iPhone and RIM BlackBerry sharper after a shocking news about the replacement of the BlackBerry with an Apple iPhone as a standard communication tool companies come from the UK’s leading banks, Standard Chartered Bank. These management decisions will certainly result in thousands of financial professionals or bankers Standard Chartered BlackBerry users switching to Apple’s iPhone. What about other global financial institutions?

Information from London, Standard Chartered Bank has set the iPhone as a corporate standard communication tools and management companies have also agreed to pay the phone bills and business data services of the iPhone being used. One of the bankers Standard Chartered Asia based in Singapore told Reuters that the process of migrating from BlackBerry to iPhone has been ongoing for a month and involving 75,000 employees of Standard Chartered across Asia.

Other global financial institutions such as HSBC, Morgan Stanley BlackBerry still sets the standard as a tool of corporate communications. While the banks of China, Oversea-Chinese Banking Corp-(OCBC) is to use the cost approach to bill-paying employees are scattered throughout the world. OCBC management gives employees the freedom to choose to use a BlackBerry or iPhone. Global financial firms still reviewing the determination is generally authorized the use of the Apple iPhone or BlackBerry as a standard tool of corporate communications, in particular aspects of corporate email security secrets.

No Commentsby  /  October 4, 2011  /  Posted in: Business, Gadget, Info, Internet, Opportunity, Technology, Trades
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