Saturday, February 15, 2014

Summary In 2013, the International Finance among a number of significant events occurred, stirring

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Choi Jin (Research), No. 103-002 February 07, 2014 2013 International is moldy bread bad for you Top 10 Financial affairs Air University's Associate Professor Xie Mingrui analysis Keywords: is moldy bread bad for you Ann accompany Economics QE trade negotiations
Summary In 2013, the International Finance among a number of significant events occurred, stirring each other and influence each other, is moldy bread bad for you such as two or more parties nations international financial cooperation agreements such as the TPP, TTIP, FTA trade negotiations, is moldy bread bad for you the end of the U.S. QE policy, security is moldy bread bad for you accompany surging economics, as well as Microsoft's acquisition of Nokia ... etc., are important factors affecting the domestic economy remained unchanged in the year. Taiwan island economy, the impact of changes in the international political and economic situation of the country by the great Financial Services, a new face in 2014, the government must understand their changing trend from the past year in the international economic trends and positive response to the treatment, therefore, For the "2013 Taiwan International Top 10 Financial affairs" with due recognition should be very important, and people can expect is moldy bread bad for you national policy change as the international financial situation be adjusted, so that in 2014 the domestic financial operations from early 2013 "boring "Economic haze. I. Introduction In general, because of the different economic conditions of each country, scholars and experts with different modes determine the views of certain things, therefore, finds the content of the relevant international financial news 10 also have different views, such as Taiwan and Chinese mainland ten different views on the international financial news, the central bank president and chairman of the Taiwan Electrical and Mechanical major international financial news finds have different governments for significant financial events related departments also have their own views on the position, therefore, whether it is from stance personal view, departments, or different from the way the country's is moldy bread bad for you international status, etc. to observe, for the determination of major international financial news may get different results, so this paper is based on international is moldy bread bad for you financial affairs of the past year, the deliberate academic institutions and media commentary result, proposed in 2013 a further is moldy bread bad for you ten international financial news, and make a simple analysis highlights. is moldy bread bad for you Second, the international top 10 financial news related to 2013 top ten international financial news finds have different views between countries with various scholars and experts, the paper tried to stand and academics from our point of view, namely the international Ten News brief description of the contents of the following: (a) the Fed cut the quantitative easing policy December 18, 2013, the U.S. Federal Reserve Board (Federal Reserve Board, is moldy bread bad for you the full name of The Board of Governors of The Federal Reserve System, referred to as the Fed) cut the official declaration is moldy bread bad for you of currency quantitative easing policy (Quantitative easing, referred to as QE), that is, from January 2014, the long-term Treasury bonds and mortgage-backed securities purchases each cut $ 5 billion; is moldy bread bad for you ie from January 2014, the monthly Fed asset purchases facility will reduce the current $ 85 billion to $ 75 billion. December 2013, the U.S. real economy have released a number of important economic data, the overall U.S. economy to show strong current growth momentum. However, the U.S. real economy and the current growth momentum is expected to continue at the same incentives as the U.S. financial market to "good", but also force the Fed to further accelerate the reduction of the size and speed of quantitative easing (QE) policy. Fed Chairman Ben Bernanke for the U.S. consumer price index (CPI) data commentators believe that either 1.5% or 1.7% increase in the month of annual growth, both figures are far less than the 2% target inflation rate set by the Fed earlier . That is the real economy in the United States before a complete end to loose monetary policy, there should still be a large growth potential. The Fed cut the size of QE policy has become a fact, investors expect the Fed in 2014 will continue to reduce debt purchase. As a result of the U.S. QE policy and its impact on the world economy is very large, therefore, QE policy cuts will also impact on the international economy. (Two). States parties to participate in free trade negotiations with various parties in the fierce competition in the international economy and society, free trade between countries is an important factor to promote a country's economic growth is moldy bread bad for you and, therefore, whether it is between nations bilateral trade negotiations, or free trade negotiations between the countries, each country very seriously. March 15, 2013, Japanese Prime Minister is moldy bread bad for you Shinzo Abe formally announced that Japan will join the "Trans-Pacific Strategic Economic is moldy bread bad for you Partnership Agreement" (Trans-Pacific Partnership Agreement, TPP) negotiations. July 8 the same year, the United States and the European Union "transatlantic trade and investment partnership agreements" is moldy bread bad for you (Transatlantic Trade and Investment is moldy bread bad for you Partnership, TTIP) negotiations held in Washington for the first time, the two sides agricultural market access, e-commerce, investment and competition policy is moldy bread bad for you issues on to start negotiations. In addition, 26 November 2013 to 29, China, Japan and South Korea Free Trade Agreement (Free Trade Agreement, FTA) third round of negotiations was held in Tokyo, Japan, the parties to discuss the field of commodities "basic principles." Due to the content and practice of free trade negotiations between the countries, relevant to the country's international status in the economy as well as its economic development is moldy bread bad for you in the future, therefore, not only actively participated in various countries free trade negotiations the two parties, while also focusing on freedom of multi-party negotiating trade agreements, is moldy bread bad for you and this is 2013, countries will actively participate in bilateral trade negotiations between the two countries as between FAA and multinational trade negotiations such as the TPP, TTIP, RCEP (Regional Com-prehensive Economic Partnership, RCEP refers Regional Comprehensive Economic Partnership), such as the main reason. (C). "Abe economics" surging Abe Economics (Abenomics) refers to a series of economic policies is moldy bread bad for you the Prime Minister of Japan Shinzo is moldy bread bad for you Abe Abe Cabinet in the second term of office when they proposed to reform and currency devaluation spindle. Abe economics name is Abe (Abe) and economics (economics) from, this term in 2006 for the first time on the Abe Cabinet had adopted the Liberal Democrats, has been widely used since November 2012. 2013, Japan's is moldy bread bad for you Abe surprised economics and global investors gave fans a sense, mainly due to the Japanese Prime Minister Shinzo Abe has already begun to implement effective economic policies, economic growth has accelerated, and in pain after suffering deflation of consumer prices being picked up, but its performance potential, "Abe economics" in remains is moldy bread bad for you to be seen, it is described as follows. 1 Summary of Japan's economy in order to get rid of deflation, Abe inflation targeting regime established economics (inflation targeting), is moldy bread bad for you and actively modify "the Bank of Japan Law," for implementing bold monetary easing. In addition, due to the former U.S. president Ronald Reagan has launched Barcelona named after him, "Reaganomics", so Abe's economic policy is called "Abe economics." 2 content Abe economics policy in three basic principles, called "Abe three arrows", namely: bold monetary is moldy bread bad for you policy, fiscal policy quickly, and to encourage private investment growth strategy. And their individual policies are as follows, namely: (1) a 2% inflation rate target; (2) to change the high yen exchange rate; (3) quantitative easing unlimited; (4) massive public .. investment;. (5) through open market operations of the Bank of Japan to buy government bonds and long-term holders is moldy bread bad for you of public utilities; (6) negative bank rate;. (7) modify the "Bank of Japan Law.". In order to implement this economic policy, Abe served under the Cabinet Office Minister Akira Amari Extraordinary is moldy bread bad for you economic regeneration headquarters set up in Japan, and then set up headquarters in the Economy and Finance under consultation meeting asked, industrial competitiveness meeting. And to agree to a 2% inflation Kuroda has been replaced by Masaaki Shirakawa, president of the Bank of Japan. (Four), Microsoft's acquisition of Nokia's September 3, 2013, Microsoft and Nokia jointly announced that Microsoft's is moldy bread bad for you $ 7.17 billion acquisition of Nokia's devices and services. The acquisition will be completed in the first quarter of 2014, Microsoft paid Nokia to pay 3.79 billion euros, in addition to pay 1.65 billion euros to buy the Nokia patent assets, totaling 5.44 billion euros, or about $ 7.17 billion. 1. The origin of Nokia Corporation (Nokia Corporation, NOK) is headquartered in Espoo, Finland (Espoo), is mainly engaged in the production of mobile communications products multinational, Nokia was founded in 1865, then to the paper-based, and later also engaged in the production of shoes, tires, cables, etc., and finally gradually developed into a mobile phone manufacturer. Nokia was the market leader in mobile phones, glorious period in 2000, its market capitalization of nearly $ 250 billion, is moldy bread bad for you second only to McDonald's and Coca-Cola, since 1996, Nokia's market share for 14 consecutive years to occupy first. But from the beginning of 2007, Nokia launched the face of Apple's iPhone and Android-powered smartphone is moldy bread bad for you attack, is moldy bread bad for you coupled is moldy bread bad for you with the slow pace of reform Nokia itself, is moldy bread bad for you and finally after four years, that is, in 2011, the first of Nokia's global mobile phone sales a place in the second quarter by Apple and Samsung both beyond. In February, Nokia abandon Symbian operating system for many years, turned is moldy bread bad for you into Microsoft's Windows Phone system. September is moldy bread bad for you 2013, Nokia announced a 5.44 billion euros (about is moldy bread bad for you 7.2 billion U.S. dollars) to sell mobile phone business to Microsoft, retaining only the network equipment sector and patents, Microsoft is moldy bread bad for you also achieve the purpose of the acquisition of Nokia. 2. Development in 1865, the Finnish engineer Frederick Freud Stein (Fredrik Idestam) founded Nokia Corporation (Nokia Ab), which was mainly engaged in the production of pulp and paper business. In 1967, Nokia company was founded in 1896 with the Finnish Rubber Factory (Finnish Rubber Works Ltd), founded in 1912, and Finnish Cable Works (Finnish Cable Works), merged to form Nokia Corporation (Nokia Corporation). In August 2011, according to U.S. technology blog site SAI (Silicon Alley Insider) literature, Nokia created in 1865, is mainly engaged in paper-making business. In 1898, the company turned to the production of rubber is moldy bread bad for you products, and its initial trademark fish-shaped pattern. In 1912, Nokia's e-business department Finnish Cable Works (Finnish Cable Works), 1979, its co-operation with the Finnish is moldy bread bad for you TV manufacturers Salora, joint development of wireless phones. Nokia after its establishment, due to the growing constantly expanding its business, the locals began to represent the whole was positive is moldy bread bad for you thriving industrial area with Nokia. Local people and government in recognition of the area's largest industry and its contribution to the local economy construction and, Pohjois-Pirkkala town, established is moldy bread bad for you in 1937, one year after the town was renamed as the Nokia 1977, Nokia Nokia upgraded to town and city. Nokia is a city emblem crawling in a Blue Stream in sable. Since then, Nokia has focused on the development and manufacture of mobile communications-related products, including mobile phones and multimedia, is moldy bread bad for you entertainment, communication networks and enterprise solutions. In 2005, Nokia's is moldy bread bad for you mobile phone annual shipments of about 264 million, is moldy bread bad for you 1.8 times the second highest in the U.S. Motorola, accounting for 32.1 percent of global market share. Meanwhile, its sales reached 34.19 billion euros (about 48.55 billion U.S. dollars), the profit is moldy bread bad for you revenue of 4.64 billion euros (about 6.1 billion U.S. dollars), the profit margin was 13.6%. As of the end of 2005, the company has eight countries in the world 14 factories and set up research and development is moldy bread bad for you centers in 11 countries and employs nearly six million people (about 58,800 people). In addition, Nokia, respectively, in Helsinki, Finland, Frankfurt, Germany and listed on the New York American. 3, Nokia cooperation is moldy bread bad for you from strong to weak February 11, 2011 with Microsoft and the Windows Phone as the primary smartphone operating system. June 14, 2012, due to fierce competition in the international mobile phone market, Nokia strain less, market orders decreased profit also dropped significantly, the decision has been laid off 10,000 people and close in Finland, Germany and Canada plant, while a decrease of approximately 16 one hundred million euros as a result of expenditure should strive is moldy bread bad for you to be innovative machine from failure. The third quarter of 2012, Samsung Electronics (Samsung Electronics) acquisition of Nokia mobile phones in Russia is moldy bread bad for you 40 stores stores. In October, Nokia rectify the cause, sell "non-core assets", which would include real estate assets, such as the headquarters building. December 2012, Nokia sold 170 million euros headquarters building located in Espoo, Finland, Nokia House, instead of long-term use rights to rent the building. Fourth quarter of 2012, Nokia got its first profit for seven consecutive quarters since; which earnings in part from the Nokia Communication Equipment sector is moldy bread bad for you - Nokia Siemens Networks (NSN) to cease dividend is moldy bread bad for you payments to shareholders, which is 143 years Nokia created the first time. Meanwhile, Nokia also announced formally abandoned Symbain system, therefore, Nokia 808 Pureview is the final product of this system. July 1, 2013, Nokia to 1.7 billion euros (about 2.2 billion U.S. dollars) price, the acquisition of the German company Siemens held a 50% stake in NSN, a wholly owned subsidiary of Nokia, Nokia resolve renamed network (Nokia Solutions and Networks). On 3 September the same year, Microsoft to 5.44 billion euros (about 72

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