Search results “Gross national product for canada” for the 2014
Canada's GDP growth outpaces Bay Street forecast
Canada's GDP grew by more than expected in the second quarter, hitting the fastest pace in almost three years. The economy expanded by an annualized 3.1 percent between April and June, thanks to a rebound in exports and increased growth in household spending.
Views: 157 CGTN America
Canada GDP  -  31stJuly
Canada : Released 31st July Currency Pair: CADUSD Time Frame: 1 Min More Info: http://ForexDecoded.com
America Wins The Freedom Rankings, Right? Not. Even. Close.
"Americans' assessments of their personal freedom have significantly declined under President Obama, according to a new study from the Legatum Institute in London, and the United States now ranks below 20 other countries on this measure. The research shows that citizens of countries including France, Uruguay, and Costa Rica now feel that they enjoy more personal freedom than Americans. As the Washington Examiner reported this morning, representatives of the Legatum Institute are in the U.S. this week to promote the sixth edition of their Prosperity Index. The index aims to measure aspects of prosperity that typical gross domestic product measurements don’t include, such as entrepreneurship and opportunity, education, and social capital."* The Young Turks hosts Cenk Uygur and John Iadarola (TYT University) break it down. *Read more here: http://www.washingtonexaminer.com/under-obama-u.s.-personal-freedom-ranking-slips-below-france/article/2556322 ***** Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at http://www.tytnetwork.com/subscribe/. Your membership supports the day to day operations and is vital for our continued success and growth. Join The Young Turks Network mailing list https://www.tytnetwork.com/newsletter/ or Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks?sub_confirmation=1 Like Us on Facebook: http://www.facebook.com/TheYoungTurks Follow Us on Twitter: http://www.twitter.com/TheYoungTurks Get your TYT Merch: http://shoptyt.com
Views: 92031 The Young Turks
United Kingdom GDP Report
This week we will focus on British growth also known as UK GDP. This is a monthly event that and is released during the 3rd week. The Gross Domestic Product in the United Kingdom was worth 2522 billion US dollars in 2013. The GDP value of the United Kingdom represents 4.07 percent of the world economy. GDP in the United Kingdom averaged 966 USD Billion from 1960 until 2013, reaching a record high of 2857 USD Billion in 2007 and a record low of 72 USD Billion in 1960. GDP in the United Kingdom is reported by the World Bank Group. By Barry Norman, Investors Trading Academy.
Top 10 Richest Countries in the World
Thanks for watching...... 1) Qatar - Currency : Riyal 2) Luxembourg - Currency : Euro 3) Singapore - Currency : Singapore Dollar 4) Norway - Currency : Norwegian Krone 5) Brunei Darussalam - Currency : Brunei Dollar 6) United States - Currency : US Dollar 7) Switzerland - Currency : Swiss Franc 8) San Marino - Currency : Euro 9) Canada - Currency : Canadian Dollar 10) Australia - Currency : Australian Dollar Gross domestic product (GDP) dollar estimates are derived from purchasing power parity (PPP) calculations, per capita. Such calculations are prepared by various organizations, including the International Monetary Fund and the World Bank. As estimates and assumptions have to be made, the results produced by different organizations for the same country tend to differ, sometimes substantially. PPP figures are estimates rather than hard facts, and should be used with caution. Comparisons of national wealth are also frequently made on the basis of nominal GDP, which does not reflect differences in the cost of living in different countries (See List of countries by GDP (nominal) per capita). Using a PPP basis is arguably more useful when comparing generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and the inflation rates of the countries, rather than using just exchange rates which may distort the real differences in income. Other figures include savings (not just income), such as national wealth. GDP per capita is often considered an indicator of a country's standard of living, although this can be problematic because GDP per capita is not a measure of personal income (See Standard of living and GDP). Several economies, which are not considered to be sovereign states (i.e. the world, the European Union and some dependent territories), are included in the list because they appear in the sources. These economies are not ranked in the charts here, but are listed in sequence by GDP for comparison. Non-sovereign entities, former countries or other special groupings are marked in italics. Source: http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year, or over a given period of time. GDP per capita is often used as an indicator of a country's material standard of living. GDP per capita is not a measure of personal income (See Standard of living and GDP). Under economic theory, GDP per capita exactly equals gross domestic income (GDI) per capita. However, due to differences in measurement, there is usually a statistical discrepancy between the two figures. GDP is related to national statics, a subject in macroeconomics. GDP is not to be confused with gross national product (GNP) which allocates production based on ownership. GDP can be determined in three ways, all of which should, in principle, give the same result. They are the production (or output) approach, the income approach, or the expenditure approach. The most direct of the three is the production approach, which sums the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of the product must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers," colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes. Source: http://en.wikipedia.org/wiki/Gross_domestic_product
Views: 2999 KnownUnknowns
What Growing Global Demand Means for Canadian Ag Markets with J.P. Gervais
The last decade saw a major increase in the global demand for food. J.P. Gervais explains the drivers of growth and what it means for Canadian ag markets. Video highlights: • Food and Agriculture Organization of the United Nations (FAO) predicts food consumption will increase 60% by 2014 • Drivers of growth: higher world population, growing global middle class • Consumer demand for specialty products rule foreign and domestic markets • Knowing fundamental drivers of your market, key to understanding growth opportunities http://www.fcc.ca/GlobalTrade
Views: 780 Farm Credit Canada
David Wilson speaks on: Underestimated Benefits of Treatment as Prevention: Gross Domestic Product
The 2014 Treatment as Prevention Workshop, April 1-4, 2014 | Vancouver, Canada
Views: 17 TasPWorkshop
QandA: The net debt crisis? Gross debt as a percentage of GDP
5/05/14 The net debt crisis? Gross debt as a percentage of GDP
Views: 89 Greenshack Dotinfo
What is Economic Growth?
Economic growth is the increase in the market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. By Barry Norman, Investors Trading Academy.
Developed country
A developed country, industrialized country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Developed countries have post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialization, or undeveloped countries, which are pre-industrial and almost entirely agrarian. According to the International Monetary Fund, advanced economies comprise 65.8% of global nominal GDP and 52.1% of global GDP (PPP) in 2010. In 2013, the ten largest advanced economies by nominal GDP were the United States, Japan, Germany, France, the United Kingdom, Italy, Canada, Australia, Spain and South Korea. By PPP GDP, they were the United States, Japan, Germany, France, the United Kingdom, Italy, South Korea, Canada, Spain and Australia. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 3070 Audiopedia
CAD GDP month on month 29 8 14 by BOAFX
http://boafx.com Come and see how Adam from BOAFX Trading Signal Solutions is trading the GDP news release on the Canadian dollar this afternoon.
Views: 24 adam woods
USD/CAD and CAD/JPY Ahead of Canada's GDP Data
http://www.forexminute.com Let's take a look at the USD/CAD and CAD/JPY pairs as they consolidate ahead of the final version of Canada's Q2 GDP data.
Views: 41 Forex Minute
Trading session: CAD GDP m/m 29-8-14
The deviation of GDP CAD was 0.1%, and the reaction was a small spike. The spike execute our buys but hit the sl due huge spread. But with our reversal trade, we cover the losses in the buy trades. Huge spread in news can be a problem, and for this, you need to use small SL like 6/8 pips
Views: 271 lucas vitale
Canadian Economy Stalls In July, Breaks Six-month Growth Streak
Canada's economy did not expand in July, breaking a six-month streak of consecutive gains, Statistics Canada data indicated on Tuesday, ensuring the third quarter started sluggishly. Statscan said real gross domestic product was unchanged from June. Market analysts expected a 0.2 percent advance. The data will put little pressure on the Bank of Canada to raise interest rates. Manufacturing output grew by 1.0 percent in July from June on strength across most sectors. Mining, quarrying and oil and gas extraction fell by 1.5 percent as all major components dropped back. http://feeds.reuters.com/~r/news/economy/~3/ePFAORPiWjY/story01.htm http://www.wochit.com
Views: 23 Wochit Business
GDP Shows Growth
Views: 91 ZNSNetwork
Trading session: CA GDP m/m 30-6-14
We trade the CA release today. The deviation was small, so we go only for a few pips (with a deviation of 0.3 we get 70 pips, with 0.1 we get 15/19 as max).
Views: 11 lucas vitale
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Views: 26 yuanli xie
With Long-term Loans, Georgians Find Better Housing
In developed markets, mortgage financing is readily available, reaching 50 percent or more of gross domestic product (GDP). But in emerging markets it's often less than 10 percent of GDP. In Georgia it's even less than that. IFC is helping address this challenge, committing more than $350 million in lending and equity financing to Georgia's financial sector from 2009 to 2013. This financial boost -- one of the broadest and most systemic efforts IFC has undertaken in support of any country's financial sector -- has ensured lending to small and medium enterprises, and to homeowners like Tamuna Matatashvili and Goga Eradze. Stay Connected http://www.facebook.com/IFCwbg http://www.twitter.com/IFC_org http://on.ifc.org/ifcLinkedIn http://www.youtube.com/IFCvideocasts http://www.ifc.org/SocialMediaIndex
Small Business Profile: Williams & White Manufacturing
The Government of BC profiles Williams & White Manufacturing as part of Small Business Month to showcase successful small businesses in the province. Located in Burnaby, Williams & White offers machining services and is equipped with some of the largest capacities in Western Canada. To learn more about Williams & White, please visit: http://www.williamsandwhite.com/ The Small Business Profile highlights the importance of BC’s small businesses and the impacts small business has on job creation, economic investment, exports and contributions to the province's gross domestic product. To learn more about the Small Business Profile, please visit: http://www.newsroom.gov.bc.ca/2014/10/2014-small-business-profile-now-online.html
Views: 4795 ProvinceofBC
AskChina - Official comes from the National Bureau of Statistics I
Fifth round of Live Q&A between Chinese officials & netizens starts in 1 hour! Tonight's official comes from the National Bureau of Statistics. China's economic growth, local debut issues,GDP, CPI, PPI ... How should we value the growth statistics of China? Let Your Say voiced! Key words: China's Gross Domestic Product (GDP) Consumer Price Index (CPI) Producer Price Index (PPI) Purchase Management Index (PMI) Imports and Exports of Goods Unemployment Foreign Exchange Reserves Ratio of GDP to Employment Real Estate Development
Views: 62 CGTN
NDP MP Hélène Laverdière presents petitions from Millennium Kids - June 3rd 2014
A group of young people known as the Millennium Kids collected petitions to call to bring attention to Canada's made in the 2000, to dedicate 0.7% of it's Gross National Product to development assistance. After meeting with the Millennium Kids in Ottawa on June 3rd 2014, NDP MP Hélène Laverdière presented their petitions before the House of Commons.
Views: 70 AndrewCashMP
Michael Green: What the Social Progress Index can reveal about your country
The term Gross Domestic Product is often talked about as if it were “handed down from god on tablets of stone.” But this concept was invented by an economist in the 1920s. We need a more effective measurement tool to match 21st century needs, says Michael Green: the Social Progress Index. With charm and wit, he shows how this tool measures societies across the three dimensions that actually matter. And reveals the dramatic reordering of nations that occurs when you use it. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
Views: 91651 TED
More hopeful signs for the Greek economy, tax service head quits - economy
Greece's economy continues to shrink, but the pace of that contraction is slowing - supporting projections that the austerity-battered country will emerge from a crippling six-year slump this year. Between January and March, gross domestic product declined 0.9 percent year-on-year in the fourth straight quarter of decelerating economic contraction. Athens and its international lenders, the so-called troika, believe the economy will expand by 0.6 percent, helped by investments, exports and tou... READ MORE : http://www.euronews.com/2014/06/06/more-hopeful-signs-for-the-greek-economy-tax-service-head-quits What is in the news today? Click to watch: http://eurone.ws/1kb2gOl euronews: the most watched news channel in Europe Subscribe! http://eurone.ws/10ZCK4a euronews is available in 14 languages: http://bit.ly/1qPwqgE In English: Website: http://www.euronews.com/news Facebook: http://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews
Economics of Happiness Documentary GDP Madness Must See
Get the complete Documentary here: http://www.theeconomicsofhappiness.org/ Featuring Vandana Shiva, Bill McKibben, David Korten, Michael Shuman, Juliet Schor, Richard Heinberg, Rob Hopkins, Andrew Simms, Zac Goldsmith, Samdhong Rinpoche, Clive Hamilton, Mohau Pheko, Keibo Oiwa and more...
Views: 296 VoteGreen 15
Negative Growth in Global GDP.Central Banks printing to infinity...
The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan.
Views: 28 Alex Athens
Views: 349 Strokes&Curves
Daily Video Analysis: Oil Companies Like Exxon are Taking a Pounding Thanks to OPEC
OPEC has left production alone and steady. This has caused not only the price of crude oil to tank today but oil producers like Exxon Mobil (XOM: NYSE) to go south as well. Would seem the OPEC countries care more about keeping market share than sustaining the price oil. There is not much on the calendar today, Italy will release its unemployment number which will probably stay at ts current high level. The Euorzone will release inflation numbers which will remain anemic and this afternoon, Canada will release its quarter on quarter gross domestic product (GDP) number. We expect a bit of softening but nothing to be concerned about.
Views: 80 CupO'Forex
EU Nations Broaden GDP to Include Underground Economy
Italy's economy shrank a tenth of a percent in the first quarter of this year before it started expanding again in April. Italy has been in recession for more than two years, but the latest data from Italy's national statistics agency suggests things may be turning around. The performance of Europe's third largest economy is an important indicator of overall economic stability in the Eurozone, which is why efforts are underway to get European nations to broaden the way they calculate their GDP to include underground activity like smuggling, narcotics and prostitution. CCTV's Brussels correspondent Sandra Gathmann has more details.
Views: 419 CGTN America
INDONESIA THE LARGEST ECONOMY IN SOUTHEAST ASIA - G20 MEMBER With a population of over 242.3 million, Indonesia is the fourth most populous country in the world and represents a sizable consumer market. In 2012, Indonesia had a gross domestic product (GDP) of $894.9 billion, making it the 16th largest economy in the world. (International Monetary Fund) The Indonesian government plays a significant role in Indonesia's market economy in which it owns over 160 enterprises and sets prices for several goods such as electricity, rice and fuel. Indonesia has the largest economy in Southeast Asia and is a member of both the G20 and APEC (Asia-Pacific Economic Cooperation). According to the IMF, Indonesia is the third fastest growing economy in the G20 after India and China. The country's main economic industries include petroleum and natural gas, apparel, textiles, apparel, mining, tourism and rubber. Indonesia has endured the recent global financial crisis through its reliance on domestic consumption to drive continual economic growth. In addition, investment from both foreign and domestic sources has supported the Indonesian economy. Due to its recent economic growth and sound fiscal policies, Indonesia's debt to GDP ratio has steadily declined. Trade was been expanding swiftly between the United States and Indonesia in the last several years. Since 2005, U.S. exports to Indonesia have more than doubled from $3.1 million to $8 million in 2012. The main export categories are transportation equipment, agricultural products, chemicals, and machinery. Indonesia is actively involved with Asia-Pacific Economic Cooperation (APEC). APEC was formed in 1989. It serves as a multilateral forum in which Asian and Pacific economies can solve economic problems and cooperate in developing key economic sectors. Collectively, the 21 economies of APEC, which touch the Pacific Ocean, represent a large consumer market— nearly half the world's population, nearly half of all world trade and more than $31 trillion in economic output. The APEC economies are: Australia, Brunei Darussalam, Canada, Chile, People's Republic of China, Hong Kong, Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Republic of the Philippines, Russia, Singapore, Chinese Taipei, Thailand, United States and Vietnam. Association of SouthEast Asian Nations (ASEAN) On October 7, 2003, 10 Southeast Asian nations signed an agreement to become an economic union by 2020. The agreement sets deadlines for lowering travel restrictions and tariffs in the region of 500 million people. Trade in this ASEAN Economic Community totals more than $720 billion a year. ASEAN includes Thailand, the Philippines, Indonesia, Cambodia, Malaysia, Singapore, Laos, Vietnam, Brunei and Myanmar.
Views: 1906 AAT World
When Up Scares Us - February 27, 2014
Nobody minds much when employment, GDP, leading indicators, confidence and other key growth-signals are up. But when 'up' starts to get in to the interest rate discourse, it's usually not so pleasant. After three-and-a-half years of ho-hum on this front, there is renewed interest in interest rates: where they are going, how fast, and what we need to do to be prepared, if change is indeed in the wind. A lot of the talk is related to another 'up' that scares us: inflation. My last two missives talked about looming economic constraints, like labour supply, transportation infrastructure and industrial capacity, which suggest that rate hikes may be necessary to keep prices from getting out of hand. Another way of looking at the issue is that growth, a good-news story, is the catalyst. If growth, primarily of the global sort, is indeed returning, then current monetary conditions are clearly too loose to maintain price stability. Sounds like that is not a bad problem to have. We can't be faulted for worrying, though. One can get used to low interest rates. Canadians have taken advantage of recent conditions, racking up a debt-to-income ratio of pre-crisis American proportions. Housing markets have been running well ahead of demographic requirements for years now, usually a sign of overheating. Higher interest rates in this context could have a stronger-than-normal impact on these sectors, which collectively account for 61 per cent of GDP. We can worry, but we can also realize that policymakers are well aware of this reality, and that ensuring price stability doesn't imply nixing economic growth. Indeed, it may well prove advantageous that at the same time as global trade fires up Canadian exports, the domestic economy is slowing in a way that take some of the pressure off the labour force, transportation infrastructure and current industrial capacity -- which in recent years have shifted more to servicing domestic demand. If the past is anything to go by, it's not a bad idea to look at how interest rate movements have played out. When we look at tightening cycles against subsequent loosening of policy, the most recent rate-hike phase ('05-'06) was both more drawn out and smaller in magnitude than the rate cuts that followed ('07-08). It is indeed the case if we follow rate loosening right through to their historical lows in 2009. The experience was very similar in the tightening of 1997-98 against the loosening in 2000-02. Tightening and easing cycles in the turbulent mid-90's saw sharp interest rate increases, but a protracted and further-reaching loosening cycle. Go back to the early, mid- and late-1980s, and the same is generally true -- loosening of nominal rates has generally outpaced rate-tightening. This time around, things could be different, but the majority of recent rate moves tend to disagree. It is always difficult to see from the present vantage point how things will actually play out. However, it is instructive to know that tightening cycles have generally supported economic expansion periods, not aborted them. In Canada's current case, it is unlikely that growth will cause all of our economic cylinders to fire at once, suggesting a more normal tightening cycle than many may fear. Our forecast calls for short-term rate hikes to begin in early 2015, and to increase steadily through the near-term period, as evolving conditions warrant. We can debate the timing and magnitude of these changes, but what is clear is that long-term rates are already marching upward. The bottom line? Talk of rising interest rates is very good news, since it strongly suggests higher confidence in near-future growth. It will increase the cost of funds, but it looks like, as in the past, we are likely to have the capacity to pass on and/or absorb the costs.
Futures Edge Up After Sell Off; GDP On Tap
U.S. stock index futures were inching higher on Friday after major indexes suffered their biggest drop since July, ahead of data on economic growth and consumer optimism. Major indexes saw their biggest declines since July 31 on Thursday in a broad sell off, with the S&P 500 falling through a key technical support level, as Apple slumped and the dollar hit a four-year high. Economic data due includes a final reading of gross domestic product growth in the second quarter this morning. Expectations call for expansion of 4.6 percent versus the prior reading of 4.2 percent. http://feeds.reuters.com/~r/reuters/businessNews/~3/8QVDP8cNHg8/story01.htm http://www.wochit.com
Views: 4 Wochit Business
Top 10 Richest Countries in The World 2014
Here are the Top 10 richest countries in the world calculated as per their Gross Domestic Product (GDP) divided by the mid-year or average population of each country in that year. please like,subscribe,comment and share. picture credit: 1) http://www.globeimages.net/cat-luxembourg-190.htm 2)http://commons.wikimedia.org/wiki/File:Luxembourg_City_Centre_E_Hamilius_from_bvd_Royal.jpg 3) http://sergeev.org/pictures/k/City_center_Qatar.htm 4) http://abyjit.blogspot.in/2010/04/smart-young-city-on-gas-lift-doha-qatar.html 5) http://www.mycontinent.co/Norway.php 6) http://en.wikipedia.org/wiki/Troms%C3%B8 7) http://wallpaperpassion.com/download-image/19002/switzerland-city-image.html 8) http://www.bhmpics.com/bern_switzerland_city-wallpapers.html 9) http://www.theplanningboardroom.net/australian-cities-the-things-we-don%E2%80%99t-talk-about/ 10) http://wallpoper.com/wallpaper/cityscapes-city-384641 11) http://toptravellists.net/downtown-city-dubai-united-arab-emirates.html 12) http://wallpapersus.com/wallpapers/2012/02/downtown-dubai-united-arab-emirates-city-1080x1920.jpg 13) http://www.worldalldetails.com/Pictureview/1075-Copenhagen_Denmark_City_overview.html 14) http://worldalldetails.com/Pictureview/3272-Stockholm_Sweden_City_view_on_winter.html 15) http://www2.coolworks.com/blogs/ 16) City Hall at Night, Toronto, Ontario, Canada | America's wallpapers 17) http://celebratecanada.wordpress.com/2008/11/23/ 18) http://en.wikipedia.org/wiki/Katwijk 19) http://toptravellists.net/boat-night-view-amsterdam-netherlands.html Music credit: "Aces High" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0
Views: 33638 10listings
JPY GDP Q/Q - Aug 13, 2014 (06:50 GMT+7)
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Views: 423 Asep Saepudin
Comparison between U.S. states and countries by GDP (nominal)
This is a comparison between US states and countries' nominal Gross Domestic Product as based on International Monetary Fund and Bureau of Economic Analysis data. Many of the states of the United States have large Gross Domestic Product (called gross state product) which would rank highly on a list of countries world GDP. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 420 Audiopedia
Korea's household debt load threatens future growth
Revitalizing the economy tops President Park's to-do-list,... and this is what she wants from her finance minister-designate Choi Kyong Hwan. Choi has suggested a policy of boosting domestic demand... by making it easier for households to borrow money. But,... economists warn the nation's household debt is already dangerously high. Connie Kim has the details. The nation's household debt has grown so much that it is threatening to hurt future growth of the economy. That's the warning by a major government think-tank. The state-run Korea Development Institute said Korea's household debt topped 1 trillion U.S. dollar at the end of last year, accounting for 85.6 percent of the country's GDP. The think-thank says consumers would start cutting back in consumption once the combined debt of households grows some 85 percent of an economy's gross domestic product, thereby hurting growth. The think-tank's report spells problems for a new policy suggested by Finance Minister-designate Choi Kyung-hwan who seeks to encourage households to borrow more to buy homes and other real estates as a means of spurring economic activities at home. "If regulators lower bars for lending, it will revitalize the housing and construction sector in the short-term. However, in the long-term, the overall economy is expected to become vulnerable. In that sense, second thoughts must be given before they start easing limits for housing loans for the sake of short-term benefits." Credit rating agency Fitch has also echoed the warning, saying easing regulations on home purchases could aggravate the already serious household debt problem. Economists express concern that the debts of Korean households are growing faster than the pace of income growth. "With household debt reaching dangerously high levels in Korea, the incoming finance minister has a tough job on his hands. He will be tasked with bringing mounting debt levels under control while also boosting domestic consumption." Connie Kim, Arirang News.
Be bouyant on UK GDP - Wood
BE BOUYANT ON UK GDP - WOOD The UK economy now growing at its fastest rate since late 2007 as Q1 GDP hits 0.8%. Rob Wood, UK Chief Economist at Berenberg Bank says it's a strong number that shows the UK recovery is firmly underway, as wage growth, business investment and productivity are all starting to improve as well. SHOWS: LONDON, ENGLAND, UK (REUTERS - ACCESS ALL) (APRIL 29, 2014) 1. UK CHIEF ECONOMIST, BERENBERG BANK, SAYING: JOURNALIST ASKING ROB WOOD: "Hi there, Rob. I know you were going for 0.9%. Were you a little bit disappointed or were you just getting greedy?" WOOD: "Probably just getting greedy. I think 0.9%, 0.8%, this as a strong number. It's above trend. It's continued acceleration from the end of last year. And I think the Q1 figures were held back a little bit by construction which was weak again the second consecutive quarter. That might have been due to floods. If you take that out, services and manufacturing was the strongest since mid-2007 so it was a really decent set of numbers." JOURNALIST: "And Carney of course saying this is probably sustainable or he said that I think before this number came out this morning. Do you think it's sustainable?" WOOD: "Yes I do. It's being supported by now wage growth starting to pick up. We see business investment rising very strongly, productivity starting to improve as well. So yes I think this will turn out to be sustainable." JOURNALIST: "I mean we talked about the jobs market. I mean there's still quite a lot of slack in that jobs market though. How concerned are you by that?" WOOD: "I'm not that concerned about it. I mean unemployment is down below 7% now and to be honest I think there's still a bit of slack there in the labor market but not absolutely loads. There is a question about underemployment. But to be honest, I think as the economy starts to improve, people will demand to work less hours rather than the huge extra hours they want to work now and we may well see underemployment fade away." JOURNALIST: "Just looking at ...
Views: 35 Market Screener
Britain poorer than all US states except Mississippi
According to a study by Fraser Nelson, one of the editors of The Spectator magazine, if the United Kingdom were part of the United States, it would be the second poorest state. Nelson’s study also mentioned some social issues surrounding poverty that get more focus in the American and international media. According to a study by Fraser Nelson, one of the editors of London-based The Spectator magazine, if the United Kingdom were part of the United States, it would be the second poorest state. Results of the study are based on calculations done by Nelson that include the gross domestic product divided by the population size and cost of living in each state, comparing them along with a handful of European countries. The study also ranked Norway, Sweden, Switzerland, and Germany, which had significantly higher positions on the list than the UK. Nelson’s study also mentioned some social issues surrounding poverty that get more focus in the American and international media. Nelson wrote in his study of America: "They openly debate their inequality, conduct rigorous studies about it, argue about economics vs. culture as causes…. And the debate is so fierce that the rest of the world looks on, and joins in lamenting America’s problems." Another analysis of the same information went a little deeper and instead of using the same average cost of living for the United States as a whole, adjusted each state based on their respective buying power, and found that the UK would actually be at the very bottom of the list.
Views: 2231 GeoBeats News
Breaking down the barriers in transport with GS1 Standards
http://www.gs1au.org/industry/transport.asp GS1 Global Standards are designed to be used by land, air and sea operators, plus all the associated logistics services including warehousing, freight forwarders and regulatory bodies. The Australian transport and logistics industry is worth more than $150 billion dollars and represents in excess of 8.6% of Australia's Gross Domestic Product, making this sector one of the most critical in Australia. It plays an important strategic role in the supply chain of all industry sectors from Grocery, to Steel, to Health, and its success is a key factor in the nation's overall competitiveness and economic performance. The sector is the key link between trading partners nationwide. GS1 Australia is working closely with many of the key associations, transport providers and Government to provide assistance in a wide range of activities. Where in the past GS1 worked towards facilitating an industry 'working group', currently greater emphasis is being placed on targeted project work that helps this sector deliver real value to all trading partners.
Views: 3259 GS1 Australia
Regina Richest City in Canada
A report from StatsCan covering the GDP of 33 major metro regions from 2001-2009 shows Regina as the richest city in Canada http://auxiliummortgage.com http://kamthemortgageman.com Follow us @AuxiliumMtg on Twitter for the latest Canadian mortgage news Sign up for our monthly E-Newsletter via our website. For more information please contact Kam Brar at 250.686.4246 or toll free at 1.855.590.6520 Find us on the web: https://www.auxiliummortgage.com On Facebook: https://www.facebook.com/auxiliummortgage2013 On Twitter: https://twitter.com/AuxiliumMtg On LinkedIn: https://www.linkedin.com/company/auxilium-mortgage-corporation On Google: https://plus.google.com/u/0/+AuxiliumMortgageCorporationVictoria Auxilium Mortgage Corporation is based in Victoria, BC and works with clients locally and across Canada. The Auxilium team has over 100 years of combined financial experience and access to dozens of lenders to help you meet your real estate goals.
Views: 649 Kam Brar
Korea's national household wealth report out
For the first time ever, Korea has put together a national balance sheet... that gives a detailed breakdown of the country's economic structure all the way down to average household wealth. It shows that the nation's total asset volume is maturing at rate that competes with other advanced nations. Our Shin Se-min reports. Korea's national household wealth,... in terms of purchasing power is roughly 60-percent of that of the U.S.,... and 80 percent of Japan's. A report released by the Bank of Korea and Statistics Korea Wednesday,... shows Korea's national wealth or net asset, as of 2012, stood at 10-point-6 quadrillion won,... or over 9-point-4-trillion U.S. dollars -- 7-point-7 times that of the nation's gross domestic product. This is relatively high on the scale of national net asset to GDP ratio; France stands at 6-point-7,... Japan at 6.4... and Canada at 3-point-5. When the nation's net asset is broken down to the individual level... it amounts to 2-hundred-and-seven-thousand U.S. dollars per person. The nation's wealth can be calculated by deducting debt from assets,... and this is the first time that Korea has drawn up a figure for a balanced sheet based on international standards. The latest figures prove that the nation's economic structure has matured to the level of developed countries. Shin Se-min, Arirang News.
Philippine growth slows to 5.7 in Q1
FULL STORY: http://www.rappler.com/business/economy-watch/59190-ph-gdp-first-quarter-2014 The Philippine economy slows down in the first quarter of 2014, as the impact of last year's natural disasters hit harder than expected.
Views: 829 Rappler
Give Me 6 Minutes and I'll Show You Why All Markets Will COLLAPSE!
Where the TRUTH is EXPOSED and SCANDALS UNCOVERED: http://truth.themoneygps.com ******************************************************************** The Money GPS by David Quintieri featuring Bob Chapman, James Turk, and David Morgan. Look Inside the Book!: http://book.themoneygps.com My Free eBooks: FLUORIDE: http://fluoride.themoneygps.com GMO: http://gmo.themoneygps.com VACCINES: http://vaccines.themoneygps.com Join The Money GPS Insiders: http://themoneygps.com PREPARE for the COLLAPSE: http://amazon.themoneygps.com ******************************************************************** China Finds $15 Billion of Loans Backed by Fake Gold Trades China's chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals. Zero Hour is the moment the price of physical gold starts to run away from the 'paper price' $223.3 trillion: The total indebtedness of the world, including all parts of the public and private sectors, amounting to 313% of global gross domestic product. Advanced economies tend to draw attention for their debt at the government and household levels. But emerging markets are gathering debt at an increasing pace to drive their economic development. Sources: http://www.bloomberg.com/news/2014-06-26/china-finds-15b-of-loans-backed-by-falsified-gold-trades.html http://www.moneymorning.com.au/20130717/with-gold-dont-miss-the-top.html http://research.stlouisfed.org/fred2/series/TCMDO http://blogs.wsj.com/economics/2013/05/11/number-of-the-week-total-world-debt-load-at-313-of-gdp/
Views: 50988 The Money GPS
This will be a week of reckoning for the South African economy
To be or not to be, this will be a week of reckoning for the South African economy. Second-quarter gross domestic product data set to be released on Tuesday will reveal whether the economy is in recession. In June, the World Bank cut South Africa's growth forecast for this year to 2% from an earlier forecast of 2.7%. The South African Reserve Bank cut its economic forecast for this year to 2.1% from 2.6% previously. But the consensus is that the second quarter was not as disastrous as the first. Growth is expected to rise marginally, following the drop recorded in the first quarter. Following a contraction of 0.6% in the first quarter, economists expect GDP to register growth of 0.4% in the second quarter. John Loos is Housing and Property strategist with FNB
Views: 135 SABC Digital News
Taxable Benefits for Board and Lodging
Are board and lodging considered as taxable benefits in Canada? To find out more, read http://madanca.com/faq/is-board-and-lodging-considered-a-taxable-benefit-for-employees
Views: 94 Allan Madan
Japan's debt hits record high - economy
Japan's outstanding government debt rose to a record high at the end of last year. Data from the country's finance ministry highlighted the worsening state of public finances in a country that has the world's largest debt burden. Public debt at the end of 2013 reached 1,017.9 trillion yen, that's around 7.229 billion euros. It is roughly double the Japanese gross domestic product, making it far the worst ratio among industrialised nations. It is the third consecutive quarter in which it has t... READ MORE : http://www.euronews.com/2014/02/10/japan-s-debt-hits-record-high euronews: the most watched news channel in Europe Subscribe! http://eurone.ws/10ZCK4a euronews is available in 14 languages: http://eurone.ws/17moBCU In English: Website: http://www.euronews.com/news Facebook: http://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews
Views: 2109 euronews (in English)
PIOJ estimates GDP growth of 1.6% - OJR MAY 15 2014
PIOJ estimates GDP growth of 1.6% - The Owen James Report - May 15, 2014 The Planning Institute of Jamaica is estimating GDP growth of 1.6% for the March Quarter and growth for the fiscal year 2014/2015 to within a band of 1 to 2%. Director General of the Planning Institute Colin Bullock expects growth for the current fiscal year to be mainly driven by growth-inducing projects in Tourism, Energy and Infrastructure.
Views: 114 Owen James
31.10.2014 - Economic Calendar by Dukascopy
The latest Euro Zone inflation update is scheduled for Friday, the 31st of October, so let's take a closer look with the Dukascopy Economic Calendar. I'm Alex Iszatt Starting things off at 7 AM are the German Retail Sales for September. Sales rebounded in August, driven by strong growth in clothing, footwear and online retail. Two news releases regarding the Euro Zone economy are out at 10, including the closely watched preliminary estimate of October Consumer Price Index. The abysmally low inflation is one of the biggest concerns facing the Euro Zone, albeit this release could show a modest improvement. Unemployment Rate for September is due at the same time. The jobless rate has stood unchanged for the last three months. Coming up next at 12:30 PM GMT is the US Personal Income and Spending for September. Both income and spending went up in August in light of increased employment and growing optimism among consumers. Canadian Gross Domestic Product for August is out at the same time, and it is of high importance to Loonie Dollar traders. Canadian economy stagnated in July, following six months of growth. Chicago Purchasing Managers Index for October comes at quarter to two. The Index lost 3.8 points in September but it still remains high. And the final version of University of Michigan Consumer Confidence for October concludes the schedule at 2. The preliminary estimate puts the Index at 86.4 points, which is the highest level in more than seven years. You've been watching the Economic Calendar for Friday. Check back in for the next overview of news releases for Monday. Goodbye. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#140135 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt
Views: 2350 Dukascopy TV (EN)