Tag: Investment
The risks of not saving for retirement
There is a key advantage that every worker has in preparing for retirement: time. The longer you have to save for retirement, regardless of which invest or direction of the economy, the better prepared you’ll be for when that time comes. Most people do not start thinking about retirement as a priority until they arrive [...]
China expected to increase 25 percent in its nuclear energy production by 2013
The Chinese government announced today the forecast 3.24 gigawatts of generating additional nuclear power this year, a figure that represents a 25% increase compared to the installed capacity at the end of 2012, which reached 12.54 gigawatts. According to a report by the National Commission for Development and Reform, the top Chinese economic planning body, [...]
The Eurozone Will “Significantly” Get Worse In Six Months
The economic situation in the eurozone to six months ahead will be “significantly” worse than the current budget deficits, unemployment and the fall in consumption, according to a survey of experts today advanced by German Ifo economic institute. The poll, “economic climate indicator for the euro area” in the fourth quarter of 2012 notes that [...]
The Space Station receives its first private vehicle
The International Space Station (ISS), built over two decades by 16 countries, today completed the coupling of Dragon, the first vehicle supply sent by a private company to the orbital outpost. “We are very proud to be part of this historic moment,” said Mike Suffredini press conference, ISS mission manager at the Johnson Space Center, [...]
U.S. believes that Argentina’s decision creates a very negative investment climate
The U.S. government today was “very concerned” about Argentina’s decision to expropriate the oil company YPF, which “creates a very negative investment climate” and urged the country to “normalize relations with the international financial community.” The State Department spokesman, Mark Toner said in his press conference that the expropriation of 51% stake in YPF oil [...]
Lehman Begins Next Week the Distribution of $22,500 Million to its Creditors
Investment bank Lehman Brothers said today that next week will begin to distribute to creditors of $ 22,500 million, over three and a half years after starring in the largest bankruptcy in U.S. history. Lehman Brothers said in a statement that the money will start to deliver from April 17 to more than 12,000 creditors [...]
Japan, China and South Korea close trading for investment pact
Japan, China and South Korea have finalized negotiations for a trilateral agreement aimed at improving the levels of protection and liberalization of mutual investments, said the Nippon Government. It is hoped that the pact will be signed by the leaders of the three countries in the near future, possibly next May when the leaders are [...]
Canadian Prime Minister will tour Asia to strengthen the economy
The Canadian Prime Minister Stephen Harper, will begin tomorrow a tour of several Asian countries to strengthen economic ties between Canada and the Asia-Pacific, government spokesmen said today. Harper intends to be in Thailand, Japan and South Korea from 23 to 27 March in the company of their Foreign Ministers, John Baird, International Trade, Ed [...]
Spain signs an agreement to expedite the export of olives to the U.S.
Secretary of State for Trade, Jaime García-Legaz, closed in the U.S. today an agreement to ensure and facilitate the access of Spanish olives to the United States has said the senior official told Efe. At a meeting in Washington with Edward Avalos, under secretary of agriculture, García-Legaz got a commitment for the system of inspections [...]
China speeds up renewable energy investment on high oil prices
China, which reported in February a record trade deficit in part because of its oil imports, invest in renewable energy, while its nuclear program doing something behind after the Fukushima nuclear accident in Japan. Chinese oil imports last month rose to 23.64 million tons and a bill of 19,470 million dollars. Last year represented 57% [...]
