World Bank warned that emerging economies such as China to prevent the economy overheating

Written on June 9, 2011 – 9:27 am | by admin |

News of the World Bank 7′s “Global Economic Prospects” report found that emerging economies need to re-committed to prevent economic overheating, the protection of economic damage from rising commodity prices, thus avoiding the economic “hard landing.” World Bank believes that a phase of developing economies is not the biggest obstacle facing the financial crisis, but [...]

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U.S. approval to buy 10% of the vote shares of Morgan Stanley

Written on September 1, 2010 – 9:50 am | by admin |

WASHINGTON, Aug. 31 (Xinhua Wang Fengfeng): 31, the U.S. Federal Reserve announced to allow the Chinese Investment Corporation (GIC), acquired 10% of Morgan Stanley common shares with voting rights. According to the Fed statement, the cast will be indirect, through its subsidiaries to purchase these shares. The investment side that will not seek control of [...]

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Due to oil spill BP CEO will be leaving in October

Written on July 28, 2010 – 11:25 pm | by admin |

BP said its Chief Executive Officer of Hayward will be leaving in October, Dudley (Bob Dudley) will be replaced Hayward location. According to foreign media had reported that the British oil spill in the Gulf of Mexico criticized the board held 26 meetings to discuss the requirements of Hayward left. But Hayward will receive 11.8 [...]

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Wal-Mart topped Fortune Global 500

Written on July 9, 2010 – 5:39 pm | by admin |

“Fortune” published in 2010 in English network, “Fortune” 500 companies in the world the latest rankings (500 full list). Regain the throne of the world’s No. 1 Wal-Mart, operating income reached 408.214 billion U.S. dollars, China ENTRY refresh again the number of firms, a total of 54 companies top the popular list (54 list of [...]

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California High Speed Rail building funding gap is 30 billion U.S. dollars

Written on July 7, 2010 – 10:22 am | by admin |

30 billion U.S. dollars. This is the California high-speed railway construction project is the funding gap. July 8, the California high speed rail authority plans to hold meetings to discuss financing and other issues. Vice Chairman Tom Umberg authorities will then make a special report financial problems. San Francisco Mayor Gavin Newsom (Gavin Newsom) recently [...]

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Buffett: The U.S. will face serious problems of municipal bonds

Written on June 4, 2010 – 5:21 pm | by admin |

“Stock god” 2 warning Buffett said the U.S. municipal bonds the next few years will be a “serious problem.” He’s the Berkshire Hathaway investment in municipal bonds has been reduced. “Municipal bonds have serious problems, then the problem is that the federal government will rescue.” Buffett said, “I do not know what rating to give [...]

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