Archive for category News
Today, Gold Prices Down
The price of gold futures fell for the third time in four days in New York, United States, Thursday (22/12/2011) local time. This is due to the strengthening of the U.S. labor market and the decline in holdings of gold exchange traded fund investors.
Gold for February delivery fell 0.2 percent to 1610.60 per troy ounce (equivalent to 31.1 grams) at 1:49 PM on the Comex, New York, Thursday. Throughout the year, gold prices have risen as much as 13 percent. “The unemployment rate is better than expected, and we saw the U.S. dollar rebounded,” said Dennis Cajigas, senior market strategist Zaner Group in Chicago, Thursday.
Government report showed jobless claims fell 4,000 to 364,000 last week. That figure is the lowest since April 2008. Therefore, the U.S. dollar was lifted so that eroded demand for gold as an alternative asset. In addition, gold prices were affected by the decline in gold holdings of investors exchange traded fund (ETF) for a fifth day to its lowest since Nov. 16.
According to Bloomberg, the investors are selling gold to cover losses in other markets. “The U.S. economy is beginning to find some traction. Number of ETFs is also a factor,” said Cajigas.
5 Trend When Bad Economy
Communities in several countries in Europe and the United States is currently struggling with economic problems due to debt crisis and economic slowdown. Signs that the economy began to fall was seen from the decline in public confidence levels, weak demand and rising unemployment.
However, in the midst of weakness, a number of people’s behavior also showed different behavior when associated with the economic slowdown.
As quoted from page businessinsider VIVAnews.com, here are 10 surprising behavior for the economy worsens:
1. Reduced accidents due to drunken
Final study data released Center for Disease Control and Prevention found that accidents caused by drunken drivers touched its lowest level for 20 years.
The report was based on a survey of 210 thousand citizens of the United States in 2010. Most communities in the U.S. today claimed to have lower alcohol consumption by 30 percent since last five years.
2. More candy
One of the things to do when our finances depleted in times of economic recession is to eliminate items that are not needed. However, it does not necessarily make the U.S. public to buy candy habit.
In the midst of the economic crisis of 2008, sales increased 2.2 per cent candy throughout the United States. This was based on the National Association confectioners. chocolate company, Cadburry reported increased profits by 30 percent in 2008, and Nestle’s 10.9 percent.
3. More long-distance relationship
A survey showed 18.2 percent of workers had transferred from his job during the second quarter of 2009, up 11.4 percent compared to 2008. This condition indicates that workers exposed to mutation should establish long-distance relationship with a spouse or family.
4. More parks
Since 2009, the company’s plants and mail delivery services reported an increase in sales of seeds and garden products. Ace Hardware shop in Denver reported sales of seedlings increased 300 percent. In addition, many mail delivery service company records for the supply of seed plants had slowed.
Based on data from the National Gardening Association, a garden of medicinal plants and herbs are able to save the budget up to U.S. $ 500 per year.
5. Fewer boxer (underwear men)
Underwear (boxer) has been the people’s choice in dress. However, as the economy continues to weaken, many among men who issued the clothing needs of their shopping list.
In fact, former Governor of Central Bank of the United States, Alan Greenspan noted in a sometimes underwear sales are always a horizontal (flat). The decline in sales of clothing a man could show signs of the economy began to deteriorate.
viva news
Steve Jobs another couple for adoption
Steve was born in San Francisco, USA, February 24, 1955. They then gave Steve another couple for adoption.
Maddox was adopted Paul and Clara Jobs couples from California. They live and bring up Steve in Silicon Valley, the area in the U.S. electronics industry.
That’s when she met and make friends with Steve Wozniak, the designer of computer machines. Wozniak had built a machine which is named after Steve’s computer, the Apple I. Both were later founded a company called Apple, which originally started from a garage at a house in Los Altos.
In 1976 Steve was able to sell 50 units of the Apple I to a local electronics store to get them to buy in installments. Benefits and played back by Steve Wozniak to build the Apple II, which returned successfully sold in California computer exhibition in 1977. Ever kicked Apple
Kicked out of Apple, Steve even again proved his prowess. Pixar’s computer animation design behavior and more companies are bought and used animated films, including Walt Disney. Once again, Apple was forced to hand it to Steve. They bought NeXT computers worth 400 million U.S. dollars as well as Steve pulled back in 1996. A year later Steve became CEO. Post-return of Steve, Apple is thriving. Revolutionary products and sell kinds of iPods, iPhone, and Macbook Air which supertipis (2008) was born.
Steve’s coffers grew fatter wealth. Although successful, the health condition of Steve, who adhered to and married in a Buddhist procession in 1991, deteriorated. He suffered from pancreatic cancer in 2003. Only a few people at Apple who know the circumference of the disease.
In 2004 he was forced to undergo a surgery and in 2009 he took leave of for six months and then underwent liver transplant surgery in April. Two years later, Apple announced that Steve will be out due to his health condition. He “left” in the age of 56 years, leaving a wife and three children.
Japan Tepco Help Pay Damages, Fukushima Nuclear Victims
TOKYO – Japan’s parliament approved a plan to help the power company Tepco in providing compensation to victims of nuclear disasters Fukushima.
The Government will provide funds to pay for the damage caused by disasters, including payments to approximately 80,000 people who had to leave their homes.
Meanwhile, Tepco will restructure and together with other energy companies in Japan will give an annual donation to the fund.
The amount of compensation may be payable by Tepco reached U.S. $ 100 billion and could make the company bankrupt. The move was greeted positively parliamentary business people in Japan.
“The fact that they will begin paying compensation is good news because then there will be funds that go to the Japanese economy,” said Naomi Fink of investment bank Jefferies.
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Obama Announces Debt Agreement
President Barack Obama finally announced in Washington on Sunday (07/31/2011) night that he and members of Congress have reached an agreement to avoid default in the U.S..
“I want to announce that leaders from both parties have reached an agreement to reduce the deficit and avoid default. Failure to pay will be devastating for our economy,” Obama said at the White House.
Senate Democratic Leader U.S. House of Representatives and leader of the Republic said it would announce a framework agreement on Monday. “We’re not finished, I like to call upon the members of both parties to do so truthful and support this agreement with your vote at the polls the next few days,” continued Obama.
Space for U.S. government debt has been discharged on 16 May and to be able to operate, the government must get approval again to increase the debt ceiling. If not, the U.S. will have failed to pay because there is no money to pay its obligations, such as coupon payment and salaries as well as soldiers. (AFP / JOE)