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Search results “Gross national product for canada” for the 2010
Canada GDP Forex Trade
 
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http://ForexTrainingProf.com/ traded the Canadian GDP which measures the inflation-adjusted value of all goods and services produced by the economy. It's the broadest measure of economic activity and the primary gauge of the economy's health; One needs to note that: Canada is unique in that they release fresh GDP data on a monthly basis. A quarterly GDP figure is also released, however it's merely a summation of the monthly data; At http://ForexTrainingProf.com/ we strive to be the Best Forex Training and provide you with some premiumn and some Free Forex training resources such as ebooks, videos and the Live trading room.
Views: 300 Huskins Gandhi
January 29, 2010, US/Canadian GDP
 
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On the January 29, 2010, release of US and Canadian GDP data, we traded row two of the RSS which was the US GDP. The data came in at a safe buy. The market moved quickly to the upside. Traders reported back to making up to 35 pips of profit.
Views: 1315 Market Traders Daily
Overpopulation and Gross Domestic Product
 
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Charts compare the poorest, least productive people with the countries having the highest birth rates. The poorest least productive countries on Earth are Ethiopia, Niger, Eritrea, Malawi, Sierra Leone, Liberia, Congo, Burundi. The countries with the highest birth rates are Niger, Eritrea, Guinea-Bissau, Liberia, Malawi, Somalia, Congo, Burundi.
Views: 787 bctvguy
Lynne Slotek - National Project Director - Canadian Index of Well-Being
 
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Lynne Slotek explains what the Canadian Index of Well-Being is and her dream that it could be on the same footing as the TSX or the GNP on the evening news.
Views: 296 AllianceON
U.S. GDP Expands
 
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AIG earnings disappoint; consumer sentiment still weak.
Views: 136 Forbes
Countries by GDP - Gross domestic product
 
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The video includes a list of countries of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a nation in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates. The list includes 2009 data from the International Monetary Fund. The gross domestic product (GDP) or gross domestic income (GDI) is a basic measure of a country's economic performance and is the market value of all final goods and services made within the borders of a nation in a year . It is a fundamental measurement of production and is very often positively correlated with the standard of living. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period—that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits). The most common approach to measuring and quantifying GDP is the expenditure method: GDP = private consumption + gross investment + government spending + (exports − imports), or, GDP = C + I + G + (X − M). "Gross" means that depreciation of capital stock is not subtracted out of GDP. If net investment (which is gross investment minus depreciation) is substituted for gross investment in the equation above, then the formula for net domestic product is obtained. Consumption and investment in this equation are expenditure on final goods and services. The exports-minus-imports part of the equation (often called net exports) adjusts this by subtracting the part of this expenditure not produced domestically (the imports), and adding back in domestic area (the exports). Equatorial Guinea, Bosnia and Herzegovina, Jordan, Tanzania, Bahrain, El Salvador, Panama, Estonia, Côte d'Ivoire, Cameroon, Trinidad and Tobago, Cyprus, Ethiopia, Yemen, Myanmar, Uzbekistan, Lebanon, Costa Rica, Kenya, Uruguay, Latvia, Guatemala, Sri Lanka, Tunisia, Dominican Republic, Azerbaijan, Lithuania, Serbia, Bulgaria, Ecuador, Oman, Slovenia, Syria, Luxembourg, Sudan, Belarus, Croatia, Bangladesh, Angola, Morocco, Vietnam, Iraq, Slovakia, Libya, Qatar, Peru, New Zealand, Kazakhstan, Hungary, Kuwait, Algeria, Egypt, Pakistan, Philippines, Chile, Ukraine, Singapore, Romania, Israel, Nigeria, Hong Kong, Czech Republic, Malaysia, Colombia, Portugal, United Arab Emirates, Thailand, Ireland, Finland, South Africa, Venezuela, Argentina, Denmark, Iran, Greece, Taiwan, Austria, Norway, Saudi Arabia, Sweden, Switzerland, Belgium, Indonesia, Poland, Turkey, Netherlands, South Korea, Australia, Mexico, India, Canada, Brazil, Spain, Russia, Italy, United Kingdom, France, Germany, China, Japan, United States Of America 1 2 3 4 5 6 7 8 9 10
Views: 1116 easytrader123
Trans Canadian Muskox. BMW R1200GSA
 
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The Goat, the Bull and the Muskox! http://transcanadianmuskox.com
Views: 3840 Trans Canadian Muskox
A Day in the Life of Air Traffic Over the United States
 
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Courtesy NASA FACET is a simulation tool for exploring advanced air traffic management concepts. An efficient and effective air traffic management system is vital to the U.S. transportation infrastructure. Since 1978, when the airline industry was deregulated, the inflation adjusted gross domestic product (GDP) has increased by 62 percent. In this same time period, total output of scheduled passenger air transportation (as measured by Revenue Passenger Miles) has increased by 190 percent and total airfreight ton miles have increased by 289 percent. Since 1997, flight delays have skyrocketed - doubling in only four years. These trends are expected to continue. In 1998, airline delays in the U.S. cost industry and passengers $4.5 billion -- the equivalent of a 7 percent tax on every dollar collected by all the domestic airlines combined. Click to subscribe! http://bit.ly/subAIRBOYD The most viewed aviation channel on YouTube. #AIRBOYD #AvGeek
Views: 527052 AIRBOYD
Geo , canada's economy presentation video
 
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geo project... and stuff with an economist :D
Views: 97 MrbourqueB
Canada Market and Economic Indicators (#in)
 
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Canada Market and Economic Indicators (#in) @ www.yousigma.com, By: Deepak Chebbi
Views: 33 Deepak Chebbi
Top 20 World's Richest Countries 2010 by GDP (nominal)
 
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Source: http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29 ________________________________________ Top 40: 01 - United States 14,256,275 02 - Japan 5,068,059 03 - People's Republic of China 4,908,982 04 - Germany 3,352,742 05 - France 2,675,951 06 - United Kingdom 2,183,607 07 - Italy 2,118,264 08 - Brazil 1,574,039 09 - Spain 1,464,040 10 - Canada 1,336,427 11 - India 1,235,975 12 - Russia 1,229,227 13 - Australia 997,201 14 - Mexico 874,903 15 - South Korea 832,512 16 - Netherlands 794,777 17 - Turkey 615,329 18 - Indonesia 539,377 19 - Switzerland 494,622 20 - Belgium 470,400 21 - Poland 430,197 22 - Sweden 405,440 23 - Norway 382,983 24 - Austria 381,880 25 - Republic of China (Taiwan) 378,969 26 - Saudi Arabia 369,671 27 - Venezuela 337,295 28 - Greece 330,780 29 - Iran 330,461 30 - Argentina 310,065 31 - Denmark 309,252 32 - South Africa 287,219 33 - Thailand 263,889 34 - Finland 238,128 35 - United Arab Emirates 229,971 36 - Colombia 228,836 37 - Portugal 227,855 38 - Ireland 227,781 39 - Czech Republic 194,828 40 - Israel 194,825
Views: 18971 juniorpetjua
Roberto Mangabeira Unger: Brazil, a Country on the Rise
 
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They're the fifth largest country in the world. They are tenth in Gross Domestic Product. They have oil. While the US fades in economic world dominance, is Brazil poised to become the world's next economic superpower?
Forex Trading Training - UK GDP
 
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Forex Trading Training live session with me, Henry Liu. As part of my mastermind mentoring program, I teach by example and show traders how-to analyze live currency market condition. Trading and analyzing real-time market data is the only way to learn, and as soon as you understand the reasons behind a trade and see it working out, you'll develop confidence.
Views: 2563 henryliuforex
Greed: Robbing America's Health
 
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The stories youre about to see expose hidden dangers. Dr. Julie Gerberding, Director U.S. Centers for Disease Control and Prevention; Treating Autism, Senate Appropriations Subcommittee: Vaccines are not associated with autism. Suppressed information. Policies that protect business, while ignoring health risks. This disease is not contagious. Gary Weber, National Cattlemans Beef Association: U.S. Beef is safe. In the 1970s, 1 in 10,000 children were afflicted. Now, 1 out of every 150 babies born in the United States will develop autism. The numbers point to a relationship between the mercury in vaccines, and developmental disorders. Senator Tom Harkin, D-Iowa, Appropriations Subcommittee on Health and Human Services Chairman, Treating Autism: Well over 15? [Member from the audience speaking] 31. 31! Thank you Bob. 31, from zero to eighteen months. Please, go ahead, what did you say? Between zero and eighteen months, there are 31 vaccines, including influenza. OK. When you have a small child, thats not an adultI would be concerned if I had that many shots in 18 months. Mental retardation in children. Loss of coordination. Gait. Stupor. Irritability and bad temper progressing to mania. Dan Burton, Congressman, R-Indiana: The pharmaceutical industry, I think, is very concerned that there might be vast liability suits emanating from the use of mercury in vaccines. And as a result, they have been, in my opinion, influencing our health agencies. The pharmaceutical industry has almost 3,400 lobbyists on its payroll. Dan Burton, Congressman, R-Indiana: And they spread the money pretty thick here on Capital Hill. Dr. Julie Gerberding, Director U.S. Centers for Disease Control and Prevention; Treating Autism, Senate Appropriations Subcommittee: Vaccines are not associated with autism. Thats a lie. GREED: Robbing Americas Health. Michael Hansen, PhD, Senior Scientists, Consumers Union, Publisher of Consumer Reports Magazine: Mad Cow Disease is a fatal brain wasting disease that is found in cattle. That means that there is a grave potential health risk in eating any part of an animal that is has had mad cow disease. Howard Lyman, 4th Generation Rancher, author of Mad Cowboy: Plain Truth from the Cattle Rancher Who Won't Eat Meat. The next thing out of Oprahs mouth got us sued. She said, That just stops me cold. I will never again eat a burger. Gene Baur, Co-Founder, Farm Sanctuary: Oprah, thankfully, had the wherewithal to fight the beef industry, and she did ultimately prevail in court. Howard Lyman, 4th Generation Rancher, author of MAD COWBOY: Plain Truth from the Cattle Rancher Who Won't Eat Meat. A slaughter facility called Creekstone Farm said, You want the animals tested? Wed be more that happy to test every one. USDA said, We will not allow you to do that. USDA has repeatedly denied Creekstones request to conduct voluntary BSE testing. Bovine spongiform encephalopathy (BSE), commonly known as mad-cow disease (MCD). GREED: Robbing Americas Health. Thom Hartmann, Author of Unequal Protection: The Rise of Corporate Dominance and the Theft of Human Rights, and Radio Talk Show Host: If a person is diagnosed with cancer, that increases GDP (the gross domestic product, GDP, or gross domestic income, GDI, is a basic measure of a country's overall economic output) by a quarter of a million dollars. Every time somebodys diagnosed with cancer, economic activity goes up. Dr. James Forsythe, MD, HMD (Homeopathic Medical Doctor), Integrative Oncologist, Century Wellness Clinic: They had guns. They had flak jackets, door-busters, and helmets. The real reason was what was going on in my integrative oncology practice, where I have been involved in clinical outcome based studies using natural products in the treatment of cancer patients. Natural therapies not only have fewer traumatic side-effects than chemotherapies, but they are significantly less expensive: Traditional Chemotherapy: $18,000 per month. Natural Therapies: $1,300 per month. Now, theres a revolving door that spins between government and industry. Corporate insiders get hired into political positions BREAKING NEWS: Julie Gerberding, former CDC Director to become President of Mercks vaccine business. and our elected officials retire to comfortable industry jobs. Tom Daschle, Former Senate Majority Leader: If we really want to change the way government works, its going to take civic action. Its going to take the involvement, the commitment, the actual energized engagement on the part of the American people. Its that important, its that critical. GREED: Robbing Americas Health.
Views: 366 healthcareteaparty
Canada's Shoebox Parliament
 
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The Canadian Parliament, in form of puppets in a shoebox! Since Stephen Harper prorogued, or shut down, the Canadian Parliament for three months, this shoebox comedy might be the closest we'll get to having a real government.
Views: 1871 liam roberts
Currency Collapse May Stimulate Economic Expansion
 
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Currency collapses tend to spur a resumption of economic growth rather than fueling a decline in gross domestic product, according to the Bank for International Settlements. http://www.bloomberg.com/apps/news?pid=20601087&sid=a_5mOmIKorjs&pos=5 Here is where you can get your gold and silver... www.apmex.com www.GoldandSilver.com if you live in Canada you can go to any of the 5 big banks.
Views: 4582 davincij15
October 26, 2010, UK GDP
 
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For the UK GDP trade on October 26, 2010, we were looking to buy the GBPUSD if the number came out at least 0.3% better than expected. The actual number came out 0.4% better than expected, so it met our safe buy trigger and we entered a trade. We had traders report profits of up to 45 pips on this trade.
Views: 4630 Market Traders Daily
Going beyond GDP - European Commission
 
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Going beyond GDP - "The EU explained" (eutube) - European Commission - 2007
Views: 185 ParadisoChannel
US Prelim  GDP q/q (U.S.A.)
 
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http://ForexTrainingProf.com/ Traded the GDP from USA, which measures the anualized change in the inflation-adjusted value of all goods and services produced by the economy; Watch why we went Short on the AUDUSD after the news release. At http://ForexTrainingProf.com/ we strive to be the Best Forex Training and provide you with some premiumn and some Free Forex training resources such as ebooks, videos and the Live trading room.
Views: 329 Huskins Gandhi
The Canadian Grocery HR Council (CGHRC)
 
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The Canadian Grocery HR Council (CGHRC) has released four labour market information (LMI) summary reports on its website, highlighting key statistics and data gathered from its research studies conducted in 2008. The four reports provide findings and recommendations on e-learning as a training approach in our sector, demographic alternatives to hiring youth, employee turnover and retention best practices, and national survey statistics based on the 2008 studies
Views: 532 profilesseries
Media React to 5.7 Percent GDP Growth  'Great News for Consumers;' Economists More Cautious
 
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Media React to 5.7 Percent GDP Growth 'Great News for Consumers;' Economists More Cautious Visit http://www.thedailylion.com
Views: 25 The Echo Chamber
SOLUTION TO SLAVERY# 2
 
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THE WEBMASTER OF NUTOPIA ,THE NEW CIVILIZATION GAME,DISCUSSES THE "GROSS NATIONAL PRODUCT" METHOD OF VALUING MONEY VERSUS THE FIAT MONEY SCHEME USED BY THE FEDERAL RESERVE,THE BANK OF ENGLAND AND THE BANK OF CANADA.
Views: 387 nutopiansg
Debt to GDP as of Feb 26 2010
 
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Source: www.usdebtclock.org current deb to gdp at 87% and growing Adding unfunded liabilities and future obligations, then debt to GDP is well over 250%.
Views: 52 goldtriumph
The high cost of low educational performance
 
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Eric Hanushek and Ludger Woessman discuss a recent study by the Organization for Economic Cooperation and Development that links modest and achievable gains in student learning with large increases in gross domestic product (GDP) over the long run.
Views: 1540 HooverInstitution
Mixed Economy
 
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Two Westminster students, Brendan and Drew, debate economics in a rap video. Brendan and Drew debating economics. Keynesian vs Laizze Faire: What do YOU think? The result of what happens when college kids get bored... Lyrics: People worry about the state of the economy And finding the solution sure ain't easy You fools are hoping for an invisible hand to come in and regulate supply and demand. It is much more complex, not Laizze Faire, something that requires both nurture and care In order to increase gross domestic product We need intervention within the market The thing which we really need instead Is regulation instituted by the fed Monetary policy can accomplish our goals But fiscal is better for our nation as a whole Chorus: I'm sorry but I would have to disagree You seem to be following a flawed policy We could work together for a mixed economy But I wish that you would just listen to me Your basis is focused on a wrong assumption The government will not increase consumption I'm a capitalist and a libertarian Forget about the governmental intervention Cause it isn't gonna happen, it isn't gonna work If common good is the motivation for a bunch of jerks Personal gain is society's incentive it makes the people try to be a little inventive And if you take away the money they make You'll come to find that it was all a big mistake When you gather the taxes and they file the forms Your dysfunctional system will demand reform Chorus Obama's got a plan and is out to save us By giving our bank accounts a little surplus This stimulates our spending to a degree And helps make our stacks again soar free Dude this is how our government got it made: Our leaders went out and created free trade America became much stronger after We went out and created laws like NAFTA If we create jobs through the government It helps to battle the unemployment Creating jobs takes a bunch of tax Which eliminates jobs dude face the facts. Chorus
Views: 1351 Westminster College
Canada vs Switzerland
 
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Brodeur stops final shot in the shootout
Views: 26 Dane Vye
Davos Annual Meeting 2010 - Rethinking the Eurozone
 
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http://www.weforum.org/ 28.01.2010 The EU budget deficit was only 2% in 2008, but it is now expected to balloon to nearly 7% of gross domestic product for member economies as a whole in 2010. How can Europe repair its damaged public finances and still maintain its course for economic recovery? Lech Kaczynski, President of Poland Yves Leterme, Prime Minister of Belgium George A. Papandreou, Prime Minister and Minister of Foreign Affairs of Greece José Luis Rodriguez Zapatero, Prime Minister of Spain Jean-Claude Trichet, President, European Central Bank, Frankfurt Valdis Zatlers, President of Latvia Moderated by Robin Niblett, Director, Chatham House, United Kingdom; Global Agenda Council on Global Institutional Governance
Views: 12737 World Economic Forum
Bell Canada - Bell called my home on June 2010, 13 times.  www.BelljunkMailPollution.com
 
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http://BelljunkMailPollution.com Effects of Junk Mail on the Environment Studies regarding junk mail (with the exception of catalogs and phonebooks) have shown that the average household gets sent only 1.5 personal letters a week while receiving in average 16 envelopes of junk mail. Doing the math, when adding up the weight of the junk mail, using a conservative estimated average weight of 2oz per letter, it amounts to 41 pounds of junk mail per house per year! The 2001 Canadian Census reported there to be 11.5 million households, which means just under one BILLION pounds of junk mail per year in Canada only. In other words, that's roughly 18 times the weight of the Titanic! If an average mailing costs 10 cents per letter, it sums up to about $250 million per year for these useless mailings, 40% of which go directly to the garbage bin unread and only 2% of which are responded to. The worse thing about junk mail is not just the fact that we receive it. Its negative environmental impact is astounding: forests are destroyed to make pulp, toxic chemicals are used to print them, landfills are clogged, and to dispose of them is pricey, among other issues. As one can visibly understand, junk mail is not just a nuisance to us; it's to the environment as well. The negative effects of logging to build the paper used for junk mail are everywhere. Deforestation destroys the equilibrium of forest ecosystems, which can erode the soil, destroy habitats, damage water tables, and impact on the environment in many other ways. Disappearance of forests renders the atmosphere unstable by taking away trees that would otherwise eliminate carbon dioxide (the primary greenhouse gas) from the air. The damage to the water tables that can be caused by deforestation dries drying otherwise fertile soil, which then becomes highly prone to erosion and further soil damage. Erosion due to deforestation can in turn increase the risk of drought or flooding in waterways. Erosion is not the only soil damage. Working with ground water can result in sucking away important nutrients from the topsoil into the water table. Changes in forest cover, water supply, and soil content have a direct impact on forest ecosystems. Each year, deforestation, especially in tropical rainforests, results in the extinction of tens of thousands of animal and insect species. Also each year, production of pulp to create junk mail creates almost 2 billion tons of carbon emissions: equal to the pollution of about 9 million automobiles. Unfortunately, the damages does not end with those created by the production of junk mail. Once mailed and later tossed in the garbage, it still needs to be disposed of. Since almost 40% of a typical landfill is contained of paper and cardboard, junk mail becomes a huge part of an already serious waste problem. Junk mail produces approximately 1 million tons of trash each year, most of it cannot be recycled. Many of the inks used to for printing are loaded with toxic heavy metals, which can eventually leak from landfills into ground water. And if that isn't enough, imagine all of the junk mail distributed in Canada in a given year placed end to end. It would circle THE PLANET MORE THAN 10 TIMES! Last but not least, the primary concern with junk mail is the cost. With annual mailing fees of around a quarter of a billion dollars, and disposal costs of the same amount, it means that only in Canada a half a billion dollars per year is spent on junk mail. That's a huge amount of money to waste on something that almost nobody even wants. As a comparison, it's worth more than the Gross Domestic Product of Prince Edward Island! So if the environmental impact of junk mail doesn't convince you to ask your name to be deleted from mass mailing lists, think of other ways that money could be used. A half a billion dollars would be very helpful to improve healthcare, fund research, support public works, create jobs, maintain schools, hire teachers, or to benefit the community in many ways. Dear friend, air pollution is an important global issue. To those suffering from asthma, respiratory problems in general and health issues, clean air is vital. It is also for adults and children, in Canada, the US, Europe, in fact for people in all countries of the world. Our ultimate goal in reducing junk mail is to have pure air, pure water and generally reduce consequences to the environment. We need your help to bring down the volume of junk mail and by doing so, help the environment. You can contribute to this admirable cause. It's simple. Just email this article www.belljunkmailpollution.com to your family, friends, coworkers, TV stations, newspapers, magazines, schools, community organizations and companies such as Bell Canada, both in your locality and around the world. Benefits will be a cleaner air and a healthier environment for us all.
Views: 404 Yas A
O Canada
 
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Short spoken word piece about conflict and cultural identity in Canada.
Views: 773 melloskillz
G20 Another Boarded Up Building
 
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What is the G-20 The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers. Mandate The G-20 is the premier forum for our international economic development that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions, the G-20 helps to support growth and development across the globe. Origins The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance. Prior to the G-20 creation, similar groupings to promote dialogue and analysis had been established at the initiative of the G-7. The G-22 met at Washington D.C. in April and October 1998. Its aim was to involve non-G-7 countries in the resolution of global aspects of the financial crisis then affecting emerging-market countries. Two subsequent meetings comprising a larger group of participants (G-33) held in March and April 1999 discussed reforms of the global economy and the international financial system. The proposals made by the G-22 and the G-33 to reduce the world economy's susceptibility to crises showed the potential benefits of a regular international consultative forum embracing the emerging-market countries. Such a regular dialogue with a constant set of partners was institutionalized by the creation of the G-20 in 1999. Membership The G-20 is made up of the finance ministers and central bank governors of 19 countries: * Argentina * Australia * Brazil * Canada * China * France * Germany * India * Indonesia * Italy * Japan * Mexico * Russia * Saudi Arabia * South Africa * Republic of Korea * Turkey * United Kingdom * United States of America The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis. The G-20 thus brings together important industrial and emerging-market countries from all regions of the world. Together, member countries represent around 90 per cent of global gross national product, 80 per cent of world trade (including EU intra-trade) as well as two-thirds of the world's population. The G-20's economic weight and broad membership gives it a high degree of legitimacy and influence over the management of the global economy and financial system.
Views: 82 XanderHarris2012
10 oz Engelhard Silver Bars
 
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http://www.WholesaleBullion.com This video shows the various 10 oz Engelhard Silver Bars and a quick History of this classic Precious Metals Refiner. FreedomMeister also talks about Government Debt Levels, GDP (gross domestic product), Unfunded Liabilities and how to....BE AWARE OF THINGS, LEARN FROM HISTORY & STAY FREE! (sorry for the static in the audio portion)
Views: 12441 FreedomMeister
G20 Boarded Up Buildings
 
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What is the G-20 The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers. Mandate The G-20 is the premier forum for our international economic development that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions, the G-20 helps to support growth and development across the globe. Origins The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance. Prior to the G-20 creation, similar groupings to promote dialogue and analysis had been established at the initiative of the G-7. The G-22 met at Washington D.C. in April and October 1998. Its aim was to involve non-G-7 countries in the resolution of global aspects of the financial crisis then affecting emerging-market countries. Two subsequent meetings comprising a larger group of participants (G-33) held in March and April 1999 discussed reforms of the global economy and the international financial system. The proposals made by the G-22 and the G-33 to reduce the world economy's susceptibility to crises showed the potential benefits of a regular international consultative forum embracing the emerging-market countries. Such a regular dialogue with a constant set of partners was institutionalized by the creation of the G-20 in 1999. Membership The G-20 is made up of the finance ministers and central bank governors of 19 countries: * Argentina * Australia * Brazil * Canada * China * France * Germany * India * Indonesia * Italy * Japan * Mexico * Russia * Saudi Arabia * South Africa * Republic of Korea * Turkey * United Kingdom * United States of America The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis. The G-20 thus brings together important industrial and emerging-market countries from all regions of the world. Together, member countries represent around 90 per cent of global gross national product, 80 per cent of world trade (including EU intra-trade) as well as two-thirds of the world's population. The G-20's economic weight and broad membership gives it a high degree of legitimacy and influence over the management of the global economy and financial system.
Views: 37 XanderHarris2012
Why Are Health Care Costs So High?
 
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Transcription: Everyone in our country as an opinion about health care reform, but no matter where you stand on the subject, I'm sure we all agree that health-care costs are way out of control. According to the Kaiser Family Foundation, health care costs have risen substantially over the last several decades. Healthcare expenditures in the United States were well over $2.2 trillion in 2007, more than three times the $714 billion spent in 1990, and over eight times the $253 billion spent just 30 years ago in 1980. In 2007, U.S. health care spending was about $7,421 per person and accounted for 16.2% of the nation’s Gross Domestic Product, among the highest of all industrialized countries. Gross Domestic Product, is the sum of Consumption, Investment, Government Spending and Net Exports, which is comprised of exports minus imports. Consumption is generally the largest GDP component, and for good reason. The category consists of household expenditures in the economy, including purchases of durable goods such as appliances, cars and home furnishings, among others. Also included are non-durable goods such as groceries and services - such as healthcare. The investment component includes business investments in equipment, while the Government spending factor includes the sum of government expenditures on the salaries of public servants, military purchases and a host of other expenses. Exports represent gross exports, which are goods and services produced for other nations’ consumption. And finally, imports represent gross imports - goods and services created by other countries for our consumption. As you can imagine, 16% of the total gross domestic product is a pretty big number. For a comparison as to how the United States stacks up against the rest of the world, the Organization for Economic Co-operation and Development reports the global average for spending on health care is $2,984 per person, making the US expenditures two and a half times higher than the rest of the world. Hospital care currently accounts for 31% of US health expenditures, but the lack of discernible cost controls in this category make it seem like the Wild West. Costs regularly go unchallenged by most patients and insurance companies, prompting many advocates to call for a change in the mindset of health care consumers – in other words, they want us to actually act like cost-conscious consumers, not passive victims of the current system. The logic behind this approach is that consumer-driven health care based on greater price transparency would make patients more aware of what they’re spending for each product or service they purchase, thus saving us all money. “This is why I have insurance,” but the higher the bills your insurance company has to pay, the higher the premiums will be for you and me. It is the cost of doing business. As expenses rise, health insurance companies pass those increases along, resulting in higher costs for everyone. In the beginning of March, CNN's American Morning aired an original series, Health-Care - Prescription for Waste, and although I only had one cup of coffee in me as I watched these installments, the information was far more jarring than any amount of caffeine. Many of the reports by CNN correspondent Elizabeth Cohen made a powerful argument for each of us to do our homework. Just as it's important to keep an eye on our credit card statements, it’s equally important to pay attention to your hospital costs. According to reports, almost $1 trillion is lost each year on wasteful medical expenses. Here are a few alarming examples. According to Cohen, a hospital once charged a patient $1,000 for a toothbrush. Another crazy cost - $140 for one Tylenol tablet. On one bill, a hospital charged $23 for this - an antiseptic wipe, an item that probably costs them less than a dollar. But wait, that’s not the crazy part. The hospital charged the unsuspecting patient for 44 of these! That’s right, $1,012 for 44 antiseptic wipes that they could probably buy at a drugstore for less than $25! Why does this happen? Insurance companies aren’t very vigilant when it comes to looking at the details of bills under a $100,000, making charges like these more likely to slip through. Another interesting focus of the CNN series was on the inconsistent pricing of similar medical procedures at different hospitals. For instance, the report looked at several relatively common procedures and did some comparison shopping. Cohen examined the cost of a colonoscopy at two facilities. One charged $4,991 for the relatively common procedure, while another charged just $2,800. For a hernia repair, one hospital charged its patients $13,409 per procedure, while another charged $4,547 – a difference of $9,000! As for quality, health care appears to be an exception to the rule of “you get what you pay for.”
News Update: France forecasts lower 2011 growth
 
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"France now forecast that its economy will grow by 2% next year, down from the previous forecast of 2.5%. President Nicolas Sarkozy asked ministers to cut their summer holidays short to discuss deficit-slashing strategies. After the meeting, the president said that reducing the government deficit in 2011 from a record 8% to 6% was "a major objective" for the country. Mr. Sarkozy will need 100 billion euros in savings to cut the deficit from 8% of GDP to the EU limit of 3% by 2013."
Views: 153 TradeTheTrend
Wall street gets two bail outs
 
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"Wachovia admitted it didn't do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. That's the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history -- a sum equal to one-third of Mexico's current gross domestic product. " "Wachovia's blatant disregard for our banking laws gave international cocaine cartels a virtual carte blanche to finance their operations," says Jeffrey Sloman, the federal prosecutor who handled the case. Wachovia is just one of the U.S. and European banks that have been used for drug money laundering. For the past two decades, Latin American drug traffickers have gone to U.S. banks to cleanse their dirty cash, says Paul Campo, head of the U.S. Drug Enforcement Administration's financial crimes unit. Woods, a former Scotland Yard investigator, spotted illegible signatures and other suspicious markings on traveler's checks from Mexican exchange companies, he said in a September 2008 letter to the U.K. Financial Services Authority. He sent copies of the letter to the DEA and Treasury Department in the U.S. Woods, 45, says his bosses instructed him to keep quiet and tried to have him fired, according to his letter to the FSA. In one meeting, a bank official insisted Woods shouldn't have filed suspicious activity reports to the government, as both U.S. and U.K. laws require. See full article at http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html
Views: 502 MrThinkforamoment
Commodities Report: Oil Lower Ahead of U.S. GDP Data; Gold Gains on U.S. Worries
 
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Oil is weaker in early morning trade as market eyes focus on the release of the latest U.S. GDP data to be released at 0830 ET. Many analysts expect second quarter growth to have dipped slightly from the previous quarter to about 2.5% from 2.7%. A decline in European as well as Asian shares has pushed crude prices lower as well. Gold, meanwhile, is rising steadily amid anxiety about the U.S. economic outlook in particular. Federal Reserve Bank of St Louis President James Bullard's comments Thursday about U.S. risks and the possibility of prices falling like that in Japan have pushed demand for safe haven assets including gold. At 0750 ET, Brent crude is down 0.6% at $77.09 a barrel, while light sweet crude is 0.8% weaker at $77.76 a barrel, and natural gas is 0.4% at $4.84 a million British thermal units. Gold is up 0.2% at $1,171.20 an ounce, while silver is up 0.2% at $17.66 an ounce, and copper is 0.6% weaker at $3.27 a pound. Bloomberg reported that BP plc (BP) declined an offer by China Petroleum & Chemical Corp. (SNP) to buy some of its assets, according to the Chinese refinery group better known as Sinopec. French oil giant Total SA (TOT) posted a 72% increase in second quarter profit as earnings reached 2.96 billion euros from 1.68 billion euros a year ago. The company's production rose 8% to reach 2.359 million barrels of oil equivalent a day, boosted by the start of a second train at its Yemen LNG project as well as improved security in Nigeria. Canadian miners Goldcorp Inc (G) and Agnico-Eagle Ltd (AEM) reported strong earnings results on the back of record gold prices and increased output of the yellow metal. Goldcorp�s output rose 5% from a year ago to 609,500 ounces, while Agnico-Eagle said production more than doubled from a year ago. Goldcorp reported earnings of $198.8 million excluding items, or 27 cents a share, compared to $99.2 million, or 14 cents a share. Excluding items, Agnico-Eagle posted earnings of $1.2 million, or 44 cents a share.
Views: 326 TradeTheTrend
The Obama Budget 2011 $3.83 TRILLION Budget, Massive Deficits, Tax Increases.AVI
 
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When you do a budget for a fiscal year, you have to take two things into account. Those are, how much you spend (expenses) and how much you make (revenue). In looking at the astonishing Obama Budget for 2011, we see that the revenue side of Obama's budget is a little higher, but more or less in line with historic levels. However, when we look at the expense side of the budget, it is completely out of control. Yes, he makes a couple slight-of-hand gestures at spending cut's, but they are just that, a trick. The spending cuts that he is highlighting for the public are less than one-tenth of one percent of federal spending per year. Even at that, most aren't even really cuts, but will result in higher taxes, particularly for energy providers such as oil and gas. So the thing is, the enormous budget is not caused by a lack of revenue, but by massive spending. They say it themselves. As Rep. James Clyburn (D-S.C.) said, 'We've got to spend our way out of this recession.' Okay, trillions of dollars are hard to imagine so I have to take it down a few levels and think about it in terms of a household budget. What do I do if I run up all my credit cards and get to where I can't make the payments each month? The common sense in me would think that I'd cut up my credit cards, tighten my belt and get those debts paid down. It might be rough for a while, but once they were paid off, I'd have more disposable income during the month. Apparently, the democrats think that is not the way to deal with debt. It seems that if they were in a position where they couldn't pay their mortgage or keep up with their monthly bills, their answer would be to just go out and charge more and more. 'We've got to spend out way out of this recession', they say. So spend, spend, spend it is. We are borrowing money from China, printing money till its not any more valuable than the paper its printed on and using our tax dollars to pay people to do busy-work jobs that the government comes up with so they can tell us the unemployment rate is dropping and the multi-stimulus plans are working. So what does all this mean for you in your everyday life? The House Republican Conference, chaired by Representative Mike Pence (R -IN), just crunched the numbers to give us an idea of what the democrats spending spree has cost us over the past nine months. This might help us wrap our minds around what this Obama budget for 2011 is going to cost us. Can we say higher taxes, record breaking massive deficits? If Congress passes this budget, we are going to have to deal with it whether we can say it or not. You might want a good stiff drink before you start reading what the Obama budget will mean for you. * $1.417 Trillion: The FY 2009 federal deficit, the highest amount ever and three times last years record-setting deficit of $458 billion. * 10 percent: The 2009 deficit as a percentage of Gross Domestic Product (GDP), the highest since 1945, the last year of World War II. Since 1946, the deficit as a percentage of GDP had never topped 6 percent. * $9.050 Trillion: The combined amount of deficits the White House predicts over the next ten years under the Presidents budget.... See More * $739 Billion: The smallest annual deficit over the next ten years under the Presidents budget. * $11.952 Trillion: The current national debt, including Treasury securities held by the government. * $38,840: The amount of the national debt owed by each man, woman, and child in the U.S. * $104,094: The share of the national debt owed by every household in the U.S. * $3.282 Trillion: The amount the national debt has increased since Democrats took control of Congress on January 4, 2007. * $1.325 Trillion: The amount the national debt has increased since President Obama was inaugurated just nine months ago, on January 20, 2009. * $199 Billion: The amount of money spent by the government to pay the interest on its debts in 2009. * $12.104 Trillion: The current limit on national debt, which was raised from $11.315 trillion for the stimulus bill and which Democrats now say must be raised yet again soon. * $24.498 Trillion: The total national debt in 2019 under the Presidents budget, according to White House estimates.
Views: 2262 RightPunditsMedia
Panama's economy grows.
 
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Reuters Wed Sep 15, 2010 7:32pm EDT * Panama one of the strongest performers in Latin America * Country less vulnerable to global economy, analyst says (Updates with details, quote) PANAMA CITY, Sept 15 (Reuters) - Panama's economy grew 6.3 percent in the second quarter versus the same period a year ago, the government said on Wednesday. Panama posted strong gains across many sectors in the second quarter, including banking, tourism and construction boosted by the $5.25 billion expansion of the Panama Canal. The Central American country's economy has been one of the strongest performers in Latin America in recent years, withstanding the global economic downturn with a 2.4 percent expansion in 2009. The government and analysts expect Panama's economy to expand at least 5 percent this year. In spite of slight declines in traffic through the canal, the country's gross domestic product could grow 6.3 percent this year and 6.9 percent in 2011, according to a projection by Barclays Capital. "The Panamanian economy continues to perform strongly because of an increase in private and public consumption and investment, making the country less vulnerable to a slower recovery in the global economy," Barclays said in a report on Wednesday. (Reporting by Sean Mattson; editing by Carol Bishopric).
Views: 2112 Edynsson Caballero
www.WeAreOneFilipino.com - Frances Pascua - Miss Philippines California 2010
 
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You wear Filipino themed apparel. So what? It still hasn't granted Filipino representation in the US Senate. Filipinos in North America collectively have a higher gross domestic product than the ENTIRE nation of the Philippines. What have we done with that power and capital? You celebrate Manny Pacquiao's every victory to rejoice all things Filipino. But what does being Filipino mean to you?
Views: 1973 WeAreOneFilipino
Basic Tenets of Islam What is Islam? Who are Muslims? 7/9
 
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The BBC is the UK's publicly funded radio, television and internet broadcasting corporation, and is the oldest and largest broadcaster in the world. It operates several television channels and radio stations in both the UK and abroad. The BBC's international television news service, BBC World News, is broadcast throughout the world and the BBC World Service radio network is broadcast in thirty-three languages globally, as well as services in Welsh on BBC Radio Cymru and programmes in Gaelic on BBC Radio nan Gàidheal in Scotland and Irish in Northern Ireland.The domestic services of the BBC are funded by the television licence. The international targeted BBC World Service Radio is funded by the Foreign and Commonwealth Office and the international television broadcast services are operated by BBC Worldwide on a commercial subscription basis over cable and satellite services. It is this commercial arm of the BBC that forms half of UKTV along with Virgin Media. The Channel 4 building.The UK now has a large number of digital terrestrial channels including a further six from the BBC, five from ITV and three from Channel 4, and one from S4C which is solely in Welsh, among a variety of others. The vast majority of digital cable television services are provided by Virgin Media with satellite television available from Freesat or British Sky Broadcasting and free-to-air digital terrestrial television by Freeview. The entire UK will switch to digital by 2012. Radio in the UK is dominated by BBC Radio, which operates ten national networks and over forty local radio stations. The most popular radio station, by number of listeners, is BBC Radio 2, closely followed by BBC Radio 1. There are hundreds of mainly local commercial radio stations across the country, offering a variety of music or talk formats. Sir Isaac Newton Charles Darwin Government and elections Economic indicators The United States has a capitalist mixed economy, which is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.[63] According to the International Monetary Fund, the U.S. GDP of $14.4 trillion constitutes 24% of the gross world product at market exchange rates and almost 21% of the gross world product at purchasing power parity (PPP).[4] The largest national GDP in the world, it was about 5% less than the combined GDP of the European Union at PPP in 2008. The country ranks seventeenth in the world in nominal GDP per capita and sixth in GDP per capita at PPP.[4] BBC Television Centre. The BBC is the largest and oldest broadcaster in the world.[248]There are five major nationwide television channels in the UK: BBC One, BBC Two, ITV, Channel 4 and Five—currently transmitted by analogue and digital terrestrial, free-to-air signals with the latter three channels funded by commercial advertising. In Wales, S4C, the Welsh Fourth Channel, replaces Channel 4, carrying Welsh language programmes at peak times. It also transmits Channel 4 programmes at other times. The United States is the largest importer of goods and third largest exporter, though exports per capita are relatively low. In 2008, the total U.S. trade deficit was $696 billion.[64] Canada, China, Mexico, Japan, and Germany are its top trading partners.[65] In 2007, vehicles constituted both the leading import and leading export commodity.[66] Japan is the largest foreign holder of U.S. public debt, having surpassed China in early 2010.[67] The United States ranks second in the Global Competitiveness Report.[68] In 2009, the private sector is estimated to constitute 55.3% of the economy, with federal government activity accounting for 24.1% and state and local government activity (including federal transfers) the remaining 20.6%.[69] The economy is postindustrial, with the service sector contributing 67.8% of GDP, though the United States remains an industrial power.[70] The leading business field by gross business receipts is wholesale and retail trade; by net income it is manufacturing.[71] Chemical products are the leading manufacturing field.[72] The United States is the third largest producer of oil in the world, as well as its largest importer.[73] It is the world's number one producer of electrical and nuclear energy, as well as liquid natural gas, sulfur, phosphates, and salt. While agriculture accounts for just under 1% of GDP,[70] the United States is the world's top producer of corn[74] and soybeans.[75] The New York Stock Exchange is the world's largest by dollar volume.[76] Coca-Cola and McDonald's are the two most recognized brands in the world.[77]
Views: 748 Hatem AlAhmadi
PROHIBITION: Banks Launder Drug Cartel Money, Essential To Drug Business, Too Big to Indict 3/3
 
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http://www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html Banks Financing Mexico Gangs Admitted in Wells Fargo Deal By Michael Smith - Jun 28, 2010 9:00 PM PT The smugglers had bought the DC-9 with laundered funds they transferred through two of the biggest banks in the U.S.: Wachovia Corp. and Bank of America Corp., Bloomberg Markets magazine reports in its August 2010 issue. This was no isolated incident. Wachovia, it turns out, had made a habit of helping move money for Mexican drug smugglers. Wells Fargo & Co., which bought Wachovia in 2008, has admitted in court that its unit failed to monitor and report suspected money laundering by narcotics traffickers -- including the cash used to buy four planes that shipped a total of 22 tons of cocaine. 'Blatant Disregard' Wachovia admitted it didn't do enough to spot illicit funds in handling $378.4 billion for Mexican-currency-exchange houses from 2004 to 2007. That's the largest violation of the Bank Secrecy Act, an anti-money-laundering law, in U.S. history -- a sum equal to one-third of Mexico's current gross domestic product. It's the Banks "It's the banks laundering money for the cartels that finances the tragedy," says Martin Woods, director of Wachovia's anti-money-laundering unit in London from 2006 to 2009. Woods says he quit the bank in disgust after executives ignored his documentation that drug dealers were funneling money through Wachovia's branch network. "If you don't see the correlation between the money laundering by banks and the 22,000 people killed in Mexico, you're missing the point," Woods says. DEA On Bank Role Cleansing Drug Cash Wachovia is just one of the U.S. and European banks that have been used for drug money laundering. For the past two decades, Latin American drug traffickers have gone to U.S. banks to cleanse their dirty cash, says Paul Campo, head of the U.S. Drug Enforcement Administration's financial crimes unit. Drug traffickers used accounts at Bank of America in Oklahoma City to buy three planes that carried 10 tons of cocaine, according to Mexican court filings. Mexican drug dealers used shell companies to open accounts at London-based HSBC Holdings Plc, Europe's biggest bank by assets, an investigation by the Mexican Finance Ministry found. Banks Not Accused A Mexican judge on Jan. 22 accused the owners of six centros cambiarios, or money changers, in Culiacan and Tijuana of laundering drug funds through their accounts at the Mexican units of Banco Santander SA, Citigroup Inc. and HSBC, according to court documents filed in the case. The money changers are in jail while being tried. Citigroup, HSBC and Santander, which is the largest Spanish bank by assets, weren't accused of any wrongdoing Banks Essential To Cartels These criminal empires have no choice but to use the global banking system to finance their businesses, Mexican Senator Felipe Gonzalez says. "With so much cash, the only way to move this money is through the banks," says Gonzalez, who represents a central Mexican state and chairs the senate public safety committee. No Charges But Fines After a 22-month investigation, the Justice Department on March 12 charged Wachovia with violating the Bank Secrecy Act by failing to run an effective anti-money-laundering program. Five days later, Wells Fargo promised in a Miami federal courtroom to revamp its detection systems. Wachovia's new owner paid $160 million in fines and penalties, less than 2 percent of its $12.3 billion profit in 2009. If Wells Fargo keeps its pledge, the U.S. government will, according to the agreement, drop all charges against the bank in March 2011. No Bank Indicted No big U.S. bank -- Wells Fargo included -- has ever been indicted for violating the Bank Secrecy Act or any other federal law. Instead, the Justice Department settles criminal charges by using deferred-prosecution agreements, in which a bank pays a fine and promises not to break the law again. To Big To Indict Indicting a big bank could trigger a mad dash by investors to dump shares and cause panic in financial markets, says Jack Blum, a U.S. Senate investigator for 14 years and a consultant to international banks and brokerage firms on money laundering. The theory is like a get-out-of-jail-free card for big banks, Blum says. Drug Business Needs Banks To Work To make their criminal enterprises work, the drug cartels of Mexico need to move billions of dollars across borders. That's how they finance the purchase of drugs, planes, weapons and safe houses, Senator Gonzalez says. "They are multinational businesses, after all," says Gonzalez, as he slowly loads his revolver at his desk in his Mexico City office. "And they cannot work without a bank."
Views: 8130 VexZeez
Paul Craig Roberts - Outsourcing Has Doomed America
 
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http://RT.com AND http://www.youtube.com/RussiaToday Charles Munger, Warren Buffet's business partner, said that the U.S. economy will never bounce back because of the national debt and poor planning. Paul Craig Roberts has been saying "it's over" for a while, he agrees that the United States is a failed state/economy/empire, etc. Dr. Roberts says "when you move your own Gross Domestic Product offshore, you move with it the incomes of the people and their purchasing power.
Views: 1607 nwotaser
Day Trading Gold Crude Oil and Russell on Jobless Claims and GDP News
 
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http://www.sidewaysmarkets.com/2010/09/day-trading-gold-crude-oil-and-russell.html We had 2 reasons to be excited about today's price action - We had important news @ 830am this morning - And the dollar index was moving at 800am when we began our morning prep After we prepared for the markets we had a great first hour of trading, earning over $700usd on only 3 trades, and then we padded the account at the end of the morning with another $600usd on Gold when it broke the major support we were watching. Today was an important day to watch the market's personality, so don't miss today's video! Remember guys, we have a few end of month discounts left for advanced membership, contact our team by the end of the day to take advantage of this opportunity, it ends tomorrow
Views: 187 Joseph James
G20 Comedy Central
 
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What is the G-20 The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers. Mandate The G-20 is the premier forum for our international economic development that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions, the G-20 helps to support growth and development across the globe. Origins The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance. Prior to the G-20 creation, similar groupings to promote dialogue and analysis had been established at the initiative of the G-7. The G-22 met at Washington D.C. in April and October 1998. Its aim was to involve non-G-7 countries in the resolution of global aspects of the financial crisis then affecting emerging-market countries. Two subsequent meetings comprising a larger group of participants (G-33) held in March and April 1999 discussed reforms of the global economy and the international financial system. The proposals made by the G-22 and the G-33 to reduce the world economy's susceptibility to crises showed the potential benefits of a regular international consultative forum embracing the emerging-market countries. Such a regular dialogue with a constant set of partners was institutionalized by the creation of the G-20 in 1999. Membership The G-20 is made up of the finance ministers and central bank governors of 19 countries: * Argentina * Australia * Brazil * Canada * China * France * Germany * India * Indonesia * Italy * Japan * Mexico * Russia * Saudi Arabia * South Africa * Republic of Korea * Turkey * United Kingdom * United States of America The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis. The G-20 thus brings together important industrial and emerging-market countries from all regions of the world. Together, member countries represent around 90 per cent of global gross national product, 80 per cent of world trade (including EU intra-trade) as well as two-thirds of the world's population. The G-20's economic weight and broad membership gives it a high degree of legitimacy and influence over the management of the global economy and financial system.
Views: 422 XanderHarris2012
Deaths, Health Emergencies Jump in Russian Heat
 
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Hundreds of wildfires that have swept western Russia and cloaked Moscow in suffocating smog have caused $15 billion in damage, a newspaper said Tuesday. That's about one percent of Russia's gross domestic product. (Aug. 10)
Views: 858 Associated Press
Susan Forgues is one of the First Female Tactical Helicopter Pilots to Serve with the Canadian ...
 
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Susan Forgues enrolled in the Canadian Forces in 1988 and received her tactical helicopter pilot wings in 1990. She is one of only about 100 women in Canada who have accomplished this goal over the past 25 years. From 1988 to 2004, Ms. Forgues served in Bosnia, Zaire and Somalia. She was also the first female pilot to be sent to the UK as an exchange pilot, and the first to be promoted to major as a tactical helicopter squadron operations officer. Her example has helped pave the way for women in the military. Currently, Susan Forgues is pursuing a career in anthropology. She spent two weeks on an archaeological dig in San Ignacio, Belize, where she studied pottery and other tools. Having completed her Bachelor of Arts degree with a major in anthropology and a minor in geography, she plans to concentrate her graduate studies in neuro-linguistics.
Views: 1333 CambridgeWhosWho
Kenyan Exports can further help grow the economy
 
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(www.abndigital.com) According to Kenya's Ministry of Trade registered SMEs in the country constitute 96% of all business enterprises in the country and employ just over 5 million people - that's 75% of the total labour force which contributes 20% to Kenya's GDP. but the Minister of Trade highlights that Kenyan Exports can further help grow the economy at 10 per cent. So what needs to be done to leverage of the potential Annabell Karanja, Director AFRI Business Development joins us now from our studios in Nairobi
Views: 283 CNBCAfrica
Goldman Sachs Sees More Gradual Pickup in Economic Activity in 2011 - Shares Lower
 
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"Economists at Goldman Sachs (GS) said they cut their economic forecast for 2011 and said they see the Federal Reserve addressing high unemployment with another round of unconventional monetary easing,"" including more asset purchases, MarketWatch reports. The firm still sees real gross domestic product to average 1.5% at an annual rate in the second half of this year, but that a pcikup in economic activity will be more gradual, the report said. Goldman Sachs shares are down 1.31%, or $2.04,to $153.87. "
Views: 231 TradeTheTrend
G20 Christian Protesters Take to the Streets
 
00:57
What is the G-20 The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers. Mandate The G-20 is the premier forum for our international economic development that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions, the G-20 helps to support growth and development across the globe. Origins The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance. Prior to the G-20 creation, similar groupings to promote dialogue and analysis had been established at the initiative of the G-7. The G-22 met at Washington D.C. in April and October 1998. Its aim was to involve non-G-7 countries in the resolution of global aspects of the financial crisis then affecting emerging-market countries. Two subsequent meetings comprising a larger group of participants (G-33) held in March and April 1999 discussed reforms of the global economy and the international financial system. The proposals made by the G-22 and the G-33 to reduce the world economy's susceptibility to crises showed the potential benefits of a regular international consultative forum embracing the emerging-market countries. Such a regular dialogue with a constant set of partners was institutionalized by the creation of the G-20 in 1999. Membership The G-20 is made up of the finance ministers and central bank governors of 19 countries: * Argentina * Australia * Brazil * Canada * China * France * Germany * India * Indonesia * Italy * Japan * Mexico * Russia * Saudi Arabia * South Africa * Republic of Korea * Turkey * United Kingdom * United States of America The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis. The G-20 thus brings together important industrial and emerging-market countries from all regions of the world. Together, member countries represent around 90 per cent of global gross national product, 80 per cent of world trade (including EU intra-trade) as well as two-thirds of the world's population. The G-20's economic weight and broad membership gives it a high degree of legitimacy and influence over the management of the global economy and financial system.
Views: 211 XanderHarris2012
G20 SWAT Noise Weapon
 
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What is the G-20 The Group of Twenty (G-20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers. Mandate The G-20 is the premier forum for our international economic development that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability. By contributing to the strengthening of the international financial architecture and providing opportunities for dialogue on national policies, international co-operation, and international financial institutions, the G-20 helps to support growth and development across the globe. Origins The G-20 was created as a response both to the financial crises of the late 1990s and to a growing recognition that key emerging-market countries were not adequately included in the core of global economic discussion and governance. Prior to the G-20 creation, similar groupings to promote dialogue and analysis had been established at the initiative of the G-7. The G-22 met at Washington D.C. in April and October 1998. Its aim was to involve non-G-7 countries in the resolution of global aspects of the financial crisis then affecting emerging-market countries. Two subsequent meetings comprising a larger group of participants (G-33) held in March and April 1999 discussed reforms of the global economy and the international financial system. The proposals made by the G-22 and the G-33 to reduce the world economy's susceptibility to crises showed the potential benefits of a regular international consultative forum embracing the emerging-market countries. Such a regular dialogue with a constant set of partners was institutionalized by the creation of the G-20 in 1999. Membership The G-20 is made up of the finance ministers and central bank governors of 19 countries: * Argentina * Australia * Brazil * Canada * China * France * Germany * India * Indonesia * Italy * Japan * Mexico * Russia * Saudi Arabia * South Africa * Republic of Korea * Turkey * United Kingdom * United States of America The European Union, who is represented by the rotating Council presidency and the European Central Bank, is the 20th member of the G-20. To ensure global economic fora and institutions work together, the Managing Director of the International Monetary Fund (IMF) and the President of the World Bank, plus the chairs of the International Monetary and Financial Committee and Development Committee of the IMF and World Bank, also participate in G-20 meetings on an ex-officio basis. The G-20 thus brings together important industrial and emerging-market countries from all regions of the world. Together, member countries represent around 90 per cent of global gross national product, 80 per cent of world trade (including EU intra-trade) as well as two-thirds of the world's population. The G-20's economic weight and broad membership gives it a high degree of legitimacy and influence over the management of the global economy and financial system.
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