Posts Tagged ‘Crisis’
A bank is healthy, especially seen from the financial statements issued publications. Generally [most of], the bank had “Tbk.” or “open” or “go public”. Banks like this have the obligation to publish periodic financial reports.
For banks that do not go public, the financial statements can be requested at the respective bank. Unfortunately, banks often apply the assumptions on which the financial reports of its real conditions often become obscured by the financial statements. Read the reviews on various publications banks can also provide information about the condition of a bank.
But the obvious fact we can even get a picture of the condition of a bank. Example of the interest rate offered. Savings interest rates are high the bank described the great need of funds to meet its financial ratios. Read the rest of this entry »
Today’s world of global crisis, the meaning is the condition of the crisis [the value of the currency declines, the unemployment rate jumped] that hit most countries in the world economy. Clearly this is a bad economic condition in which the economy experienced a lot of obstacles that the various elements of economic movers could not move properly.
Finally, this situation produces economic impacts that are not good. For example: inflation prices high demand, the production sector, [agriculture, industry, services, and others] experienced declining demand constraints both in and outside the country.
Simply described the economic crisis with a high price levels, income levels tend to stagnate and even decline, the threat of rising unemployment because many businesses into bankruptcy, and so on. So that the global crisis can be interpreted as a bad economic condition states that occur widely nearly the entire economy in the world. Read the rest of this entry »
Forex Review
Dollar close higher last week driven by the data non-farm payrolls are in very good surprise fell only 11,000 jobs, the unemployment rate was down from 10.2 percent to 10 percent. This was one indication of the U.S. economic recovery. Australian central bank again raised interest rates by 0.25 per cent according to market expectations that support the Australian dollar remains perched above 0.9 U.S. dollars.
Bank of Japan, last week, made an emergency meeting related to the sharp strengthening of the yen against the U.S. dollar and developing policies for the provision of credit facilities for 3 months 10 trillion yen. This seems quite effectively weaken the yen against the U.S. dollar.
• Stock Index Review
Dubai to ease the problem create the world stock markets that previously corrected, strengthened again. Nikkei closed above 10,000 in the first 5 weeks. The Hang Seng closed up 6.45 percent this week, best week in 6 months. KOSPI index also closed off and 1090 points from its opening last week. While the Dow above 10,300 perched last week.
The number of positive data last week pushed up world stock markets. The weakening of the yen against the U.S. dollar strengthening Nikkei trigger. China’s good manufacturing data provide a positive sentiment to the world stock market. South Korea GDP data which grew 3.2 percent in the third quarter also supports the strengthening of KOSPI.
• Commodity Review
Recent record gold price in U.S. dollar 1226.10 per troy ounce, printed on 3 December. Request gold from central banks in the world providing a positive impact for the price of gold. U.S. crude oil inventories increased last week to lower oil prices to as low as 75 U.S. dollars per barrel. Read the rest of this entry »
The right attitude in providing debt
So how the right attitude when it comes to giving loans, so you do not get stuck in trouble collecting debts. The right attitude is to have a purpose in providing debt itself.
There’s not give 2 goals in debt:
1. As help
These models typically debt is relatively small in number, without calculating interest on loans, which provided for requests for assistance from certain people around us. If the person who owes debts will return, not an advantage because the amount refunded does not increase, even if you lose the opportunity to invest. If the debt does not come back, let’s just like a gift or donation. Therefore, in providing debt this model, you should limit the number for not too large. So if the money will not come back, then you will not jeopardize your own financial situation.
2. As investment
For this reason, usually a debt that you provide a relatively large amount, with interest calculated and given with the motive to get profit. Like investment, the higher the return on the loan, the higher the risk of failed pay. Therefore, the debt with an investment motivations must consider the potential advantages and disadvantages to consider risk. Read the rest of this entry »
Had credit card debt trap? Bills continue to grow and not paid-off? I never! Have 4 credit cards and almost over the limit. Dizziness. Salaries only ‘passing’, more draining to pay installments.
Now, thank God installments can be controlled. And no longer bother to pay the credit card one by one. How menyiasatinya? If you truly intend to move away from the credit card trap can. Can try these tips below:
1. Fox Mind-set!
Credit cards must be returned sebagimana place. Identity, as a means of payment or a substitute for cash transactions are easy and safe. Not as easy debt instruments. Especially considered as an additional means of money.
The wrong way can lead to our easy to swipe a credit card for things that are consumptive. Regardless of ability to return loans. The formula = spending $ 100, paid in full $ 100 at the time of billing. Read the rest of this entry »
U.S. economy so far has not shown any indication of a stable recovery process, it is revealed from the Beige Book that diriis early this morning (GMT). Reports from the Federal Reserve in the United States District 12 generally indicate an increase in the degree of performance that is not too strong that it still opens the occurrence of further pressure on the U.S. economy. It appears quite positive on the consumption side, which argued that public consumption reported a moderate increase primarily to items of daily consumption and motor vehicles. While in residential sales reported to have increased even though the price level fell slightly in some districts or flat in other districts.
The reported residential construction is still in a weak condition, while the construction and real estate market is still very weak report likely even decrease performance. The picture is less clear is also present in the financial sector, which reported a weakening in the credit, because credit standards were too high and the tendency of weakening credit quality. Plus more on the agricultural sector reported a delay of harvest in the eastern United States are caused by very cold weather during October and early November and employment conditions also reportedly still in a weakened condition. This has caused the U.S. dollar had weakened in trading today and again pressed the U.S. dollar index to a range of 74.30. U.S. dollar is predicted to receive pressure from other strong currencies, especially the Euro currency.
The world has repeatedly experienced krisis.Dari regional in nature to the global nature. Indonesia, for example, have experienced the Asian crisis in 1997-1998.
This crisis originated from Thailand which although not spread far from East Asia and Southeast Asia. Recovery of the crisis occurred in 1999 and then we saw economic conditions in East and Southeast Asia including Indonesia continues improved. But in 2008 the world was a global crisis that started from developed countries are the United States. The whole world felt the impact. East Asian crisis and Southeast Asia (including Indonesia) in 1997-1998 began with the financial crisis then spread to the economic crisis. For Indonesia, this economic crisis also spread to the social and political crisis. While the global crisis also began with 2008-2009 financial crisis, followed by ekonomi.Fortunately, in this crisis, there was no social and political impact of the means.
Now many are saying that the global crisis was over. National income has increased lagi.But often said that the new restoration feels for the financial sector. While the economic sector recovery was more sluggish. Even the social impact of the crisis is still felt to this day. In a recent UNDP report (The Global Financial Crisis and the Asia-Pacific Region, 2009) argued that social recovery is usually slower than the economic recovery. Even the social impacts such as low nutrient in children can last forever.
Meanwhile, many parties are still troubling economic recovery of the world’s financial ini.Sistem the cause of all crises are the same as before the crisis. Financial sector is always growing fast, much faster than the growth sectors of the financial sector produksi. When needed to assist the growth of the production sector. Financial sectors like oil for motor vehicles can run with too much baik. when oil, motor vehicles would be shuffled and maybe even strike. That’s what happens when the financial sector drove rapidly, leaving growth in the production sector. This has repeatedly occurred.
Financial sector growth is remarkable, which is also reflected by the growth of national income, eventually followed by the financial crisis. Even worse, the dynamics of the financial sector is often highly dependent on? Gossip? Among investors in the sector this keuangan. When investors lose confidence, they trooped to sell their securities. Financial sector to fall and consequently make more confidencejatuh can fall so jauh.Bank hit economy sap. Read the rest of this entry »
Financial Stability Board established finance ministers of G-20 has made a list of 30 financial institutions and international banks that need special attention.
This is done to prevent the failure of global financial turmoil due to the potentially done by banks and financial institutions. “FSB (Financial Stability Board / Board of Financial Stability) has been included 30 banks and financial institutions as a source of systemic crisis for the global work area that belong to the company’s too big too fail (too big to fail). Behavior of shareholders and management policies into the supervision, “Said Finance Minister Sri Mulyani Indrawati in Jakarta.
In the Financial Times reported there are 24 banks and 6 insurance multinational institutions listed in FSB. They are spread in the UK, Europe, the United States, and Japan.
The 24 banks are Bank of America Merrill Lynch (BAC), Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Royal Bank of Canada, Barclays, HSBC, Royal Bank of Scotland, Standard Chartered, Credit Suisse, and UBS AG. There was also a BNP Paribas, Société Générale (France), BBVA (Spain), Santander (Spain), Mitsubishi UFJ, Mizuho, Nomura, and Sumitomo Mitsui (Japan). Read the rest of this entry »
In the fourth quarter of this year signal a strong global recovery has led to the Japanese economy gained momentum to tread more robust economic recovery process in the country. One of the prominent enough associated with it is the improvement in foreign trade sector of Japan.
The last report showed Japan’s Ministry of Finance of the surplus pelonjakan high enough so that the country has experienced a trade surplus for 9 months in a row this year.
About a year ago, Japan had a deficit in foreign trade of about 75 billion yen, but the last report showed Japan’s trade surplus reached 807.1 billion yen for. One factor that drives this success is the process of recovery in the developed industrial countries in Asia. Read the rest of this entry »
U.S. dollar continued to decline to its lowest point in the last 15 months the euro. The weakening U.S. dollar triggered immediately jumps to the world gold price reached a new record again.
In trading Wednesday (25/11/2009) in New York, the euro rose sharply to 1.5127 dollars from 1.4959 dollars earlier on. Even the euro had reached its highest point in 15 months at 1.5144 dollars.
The dollar also slumped on the yen to 87.38 yen position, even had reached their lowest point in the last 14 years at 88.54 yen.
The weakening U.S. dollar occurs after the number of positive data from the U.S.. The data was released showing the people’s income rose 0.2% and consumer spending rose 0.7% during October, which helped sales rebound in automotive.
A report showing the unemployment insurance benefit claims fell to the U.S. its lowest point since September 2008. Figures are adjusted for new unemployment claims for week ending 21 November fell 35,000 to 466,000. Read the rest of this entry »