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Feb242015

Germany's Finances Back In Black As Growth Picks Up - Yahoo News











The statistics office said that Germany's financial surplus last year resulted from the difference between revenues of 1.294 trillion euros and expenditure of 1.276 trillion euros. The government budget alone showed a surplus of 11.4 billion http://carlostsrl.blogs.experienceproject.com euros, compared with a deficit of 4.5 billion euros a year earlier. View gallery Members of IG Metall, Germany's powerful metalworkers' union, demonstrate for better payment The regional states' finances also swung to a surplus of 1.9 billion euros in 2014 from a deficit of 2.8 billion euros in 2013. The municipal authorities turned in a surplus of 1.3 billion euros and the welfare budget showed a surplus of 3.4 billion euros, Destatis said. Under eurozone rules, member states are not allowed to run up public deficits in excess of 3.0 percent of GDP and are obliged to bring their budgets into balance or surplus in the best site medium term. - Robust domestic demand - Confirming a preliminary estimate published earlier this month, the statistics office said that GDP growth of 0.7 percent in the fourth quarter was driven primarily by robust domestic demand. Following a strong start to the year, when GDP grew by 0.8 percent in the first three months, the German economy subsequently lost momentum due to the uncertainty surrounding the Ukraine crisis and other geopolitical risks. View gallery The surplus represents 0.6% of Germany's overall gross domestic product of 2.904 trillion euros, GDP actually shrank by 0.1 percent in the second quarter and showed only meagre growth of 0.1 percent in the third quarter. But domestic demand helped growth pick up again at the end of the year, with consumer spending rising by 0.8 percent and public spending by 0.2 percent, Destatis said.
More: http://news.yahoo.com/germanys-finances-back-surplus-2014-074727782.html




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Feb242015

Germany's Finances Back In Black As Growth Picks Up - Yahoo News











The statistics office said that Germany's financial surplus last year resulted from the difference between revenues of 1.294 trillion euros and expenditure of 1.276 trillion euros. The government budget alone showed a surplus of 11.4 billion http://carlostsrl.blogs.experienceproject.com euros, compared with a deficit of 4.5 billion euros a year earlier. View gallery Members of IG Metall, Germany's powerful metalworkers' union, demonstrate for better payment The regional states' finances also swung to a surplus of 1.9 billion euros in 2014 from a deficit of 2.8 billion euros in 2013. The municipal authorities turned in a surplus of 1.3 billion euros and the welfare budget showed a surplus of 3.4 billion euros, Destatis said. Under eurozone rules, member states are not allowed to run up public deficits in excess of 3.0 percent of GDP and are obliged to bring their budgets into balance or surplus in the best site medium term. - Robust domestic demand - Confirming a preliminary estimate published earlier this month, the statistics office said that GDP growth of 0.7 percent in the fourth quarter was driven primarily by robust domestic demand. Following a strong start to the year, when GDP grew by 0.8 percent in the first three months, the German economy subsequently lost momentum due to the uncertainty surrounding the Ukraine crisis and other geopolitical risks. View gallery The surplus represents 0.6% of Germany's overall gross domestic product of 2.904 trillion euros, GDP actually shrank by 0.1 percent in the second quarter and showed only meagre growth of 0.1 percent in the third quarter. But domestic demand helped growth pick up again at the end of the year, with consumer spending rising by 0.8 percent and public spending by 0.2 percent, Destatis said.
More: http://news.yahoo.com/germanys-finances-back-surplus-2014-074727782.html




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Feb202015

France, Germany, Japan In Running For Australian Submarine Deal - Yahoo News











The Australian military confirmed last month that it was in talks with Japan and others on the design and production but this is the first time this link it has narrowed down the countries it would invite to bid to be part of the process. View gallery The programme to replace the Collins Class submarines will be the largest defence procurement projec Andrews said the government would seek proposals from the three with options for designing and building the submarines overseas, in Australia or a combination of both. go!! He added that he expected significant work to be undertaken in Australia during the build phase. There are concerns continue the domestic ship-building industry would be fatally hurt by Canberra choosing off-the-shelf submarines from Japan or another international supplier. Andrews said the competitive evaluation process was expected to take 10 months, after which one international partner would be chosen. "The process... provides a pathway for Australian industry to maximise its involvement in the programme, whilst not compromising capability, cost, programme schedule or risk," he added.
More: http://news.yahoo.com/france-germany-japan-running-australian-submarine-deal-031225708.html




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Feb182015

Hollywood's Mega Summer Puts These Media Stocks In Focus - Analyst Blog - Nasdaq.com











Nevertheless, prima facie, everything looks good for the movie business in 2015. Stocks in Focus We bring you key media stocks that are most likely to take center stage as Hollywood kicks of its official summer with Avengers: Age of Ultron on May 1. The Walt Disney Company ( DIS ): Obviously, this one is a no brainer. With Avengers 2 Disney is looking at another great year. The superheroes team re-uniting to fight Ultron is what movie buffs have been waiting for visit three years now. The Avengers , released in 2012, not only had a fantastic opening but with a box office tally of over $1.5 billion, it is the third highest grossing film of all time behind Avatar and Titanic . No wonder the sequel is already being labeled as a billion dollar read this movie. Apart from that, Disney has Ant-Man , another Marvel superhero film, on Jul 17. Given the buzz surrounding Marvel studios these days and runaway success of its movies, Ant-Man is likely to deliver.
Full story: http://www.nasdaq.com/article/hollywoods-mega-summer-puts-these-media-stocks-in-focus-analyst-blog-cm445374




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Feb172015

Australia's Rba Considered Delaying Rate Cut - Nasdaq.com











Many in the financial markets were not expecting the cut in as RBA Governor Glenn Stevens had indicated as recently as December that interest rates stability remained an attractive http://celaurmuuretteveal.centerblog.net option. Financial markets are now betting the RBA will cut interest rates at least one more time by mid-2015, with some market participants expecting it will continue cutting in the second half of the year. Still, there was little guidance in the minutes on how the RBA might proceed. To be sure, the RBA indicated it might move cautiously in cutting interest rates further saying it will need to keep a close watch on house price growth. "Given the large increases in housing prices in some cities and ongoing strength in lending to investors in housing assets, members also agreed that developments in the housing market would bear careful monitoring," it said. The continue reading this.. RBA and the Australian Prudential Regulation Authority have warned about risks associated with strong house price gains. APRA announced in December new guidelines for lending to property investors. The RBA said it would be important to assess the effects of these measures. Some economists have warned that pockets of the housing markets are now showing "bubble-like" conditions, making the rate cut potentially risky.
More: http://www.nasdaq.com/article/australias-rba-considered-delaying-rate-cut-20150216-00343




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