Sunday, September 29, 2013
This week will be a great weekend, we got a lot of interesting things, I think the most interesting thing is showdown, this is very interesting, it just like a big party, everyone can join it, we watched a football game and some dance, that gives us a lot of fun, in this weekend, and we also got a soccer game on Tuesday, that is a first home game for my school, we did better than before, so this is a great weekend, everyone is happy.
Sunday, September 22, 2013
Financial Crisis
The financial crisis is a crisis in the financial field. Due to the liquidity of financial assets is very strong, therefore, the international finance is very strong. Financial crisis can be any national financial products, markets and institutions.
The characteristics of the financial crisis is that people are pessimistic about the economic future based on, the entire region appears a sharp depreciation of the currency, the economic aggregate and economic scale reduced greatly, economic growth hit, often accompanied by a large number of enterprises closed down phenomenon, the high rate of unemployment, the general economic depression, sometimes even with the social and political turmoil.
In the global financial storm in the teeth of the storm, in the import and export industry has been the impact of the most direct and most serious. First of all, the crisis from the financial level to the economic level, directly affect the export. The United States consumer spending accounts for more than 70% of GDP in 2007, the United States domestic consumption scale of about $10, while China's consumer spending about $1. In the short term, the increase in China's domestic demand cannot compensate for the United States economy reduced demand for imports in china. According to estimates, the United States of America economic growth rate down 1%, Chinese exports to the United States will be reduced from 5% to 6%. Secondly, the subprime crisis has further strengthened the weak dollar, accelerated depreciation of the dollar rate, thereby reducing the advantage of export products. The United States Federal Reserve interest rates down, formed the contradiction for banks tightening of liquidity and monetary policy of our country, resulting in a large number of hot money into China, accelerated depreciation of the dollar and the RMB appreciation, so that the price advantage of Chinese export products to reduce the export to the United States, challenge. In the above factors, China's export showing signs of slowdown. The first half of the year China continued slowdown in export growth trend. From the export amount, the first half of the year rose 21.87%, down nearly 6 percentage points over the same period in 2007 the growth rate of 27.55%; from the export amount, the first half of the year grew 8.44%, significantly lower than the same period in 2007 10.11% growth rate. In addition to the export volume reduced, affected by the financial crisis, the overseas corporate default rate also began to rise, export enterprises further deterioration of external credit environment. According to the China Export and Credit Insurance Corp Zhejiang branch statistics, reported cases of loss amount before 5 months received $30340000, a year-on-year growth of 80%; has paid an indemnity of $8950000, a year-on-year growth of 525.6%. Among them, in 2008 the claim amount grows 525.6% compared to the same period in 2007, local enterprises overseas bad debt rate is about 268%.
The financial crisis is a crisis in the financial field. Due to the liquidity of financial assets is very strong, therefore, the international finance is very strong. Financial crisis can be any national financial products, markets and institutions.
The characteristics of the financial crisis is that people are pessimistic about the economic future based on, the entire region appears a sharp depreciation of the currency, the economic aggregate and economic scale reduced greatly, economic growth hit, often accompanied by a large number of enterprises closed down phenomenon, the high rate of unemployment, the general economic depression, sometimes even with the social and political turmoil.
In the global financial storm in the teeth of the storm, in the import and export industry has been the impact of the most direct and most serious. First of all, the crisis from the financial level to the economic level, directly affect the export. The United States consumer spending accounts for more than 70% of GDP in 2007, the United States domestic consumption scale of about $10, while China's consumer spending about $1. In the short term, the increase in China's domestic demand cannot compensate for the United States economy reduced demand for imports in china. According to estimates, the United States of America economic growth rate down 1%, Chinese exports to the United States will be reduced from 5% to 6%. Secondly, the subprime crisis has further strengthened the weak dollar, accelerated depreciation of the dollar rate, thereby reducing the advantage of export products. The United States Federal Reserve interest rates down, formed the contradiction for banks tightening of liquidity and monetary policy of our country, resulting in a large number of hot money into China, accelerated depreciation of the dollar and the RMB appreciation, so that the price advantage of Chinese export products to reduce the export to the United States, challenge. In the above factors, China's export showing signs of slowdown. The first half of the year China continued slowdown in export growth trend. From the export amount, the first half of the year rose 21.87%, down nearly 6 percentage points over the same period in 2007 the growth rate of 27.55%; from the export amount, the first half of the year grew 8.44%, significantly lower than the same period in 2007 10.11% growth rate. In addition to the export volume reduced, affected by the financial crisis, the overseas corporate default rate also began to rise, export enterprises further deterioration of external credit environment. According to the China Export and Credit Insurance Corp Zhejiang branch statistics, reported cases of loss amount before 5 months received $30340000, a year-on-year growth of 80%; has paid an indemnity of $8950000, a year-on-year growth of 525.6%. Among them, in 2008 the claim amount grows 525.6% compared to the same period in 2007, local enterprises overseas bad debt rate is about 268%.
human thought the earth's air and water is inexhaustible, so do not worry about the tens of millions of tons of waste gas into the sky, and the billions of tons of rubbish into the rivers and the sea. Everyone thinks that the world is so big, a little waste anything, we are wrong, in fact, the earth is large (6371 km radius), but only to a range of -11 km of biological life at an altitude of 8 km, which accounted for 95% of the creatures can only live in the middle range of about 3 kilometers, it was wanton from three aspects this limited environment pollution.
Land pollution: waste disposal has become an important issue in every city, every million tons of garbage, many are not incineration or corrupt, such as atmospheric pollution of plastic, rubber, glass and other human
Marine pollution: mainly is leaking from the oil tanker with crude oil, farmland use of pesticides and fertilizers, the waste water from factories, acidic solution mine outflow; they make most of the marine lakes are contaminated, not only the results of marine creatures suffer, birds and humans may also poisoned by eating these creatures. Water is the source of life, we need to protect it.
Air pollution: This is the most direct and serious, mainly from factories, cars, power plants emit carbon monoxide and hydrogen sulfide, there are people from exposure to these dirty air and contracted respiratory or visual organ disease every day. If we still ignore experts warned, will have a fall can live without half inches of pure point. Thick smoke, was wanton destruction of our homes!
Land pollution: waste disposal has become an important issue in every city, every million tons of garbage, many are not incineration or corrupt, such as atmospheric pollution of plastic, rubber, glass and other human
Marine pollution: mainly is leaking from the oil tanker with crude oil, farmland use of pesticides and fertilizers, the waste water from factories, acidic solution mine outflow; they make most of the marine lakes are contaminated, not only the results of marine creatures suffer, birds and humans may also poisoned by eating these creatures. Water is the source of life, we need to protect it.
Air pollution: This is the most direct and serious, mainly from factories, cars, power plants emit carbon monoxide and hydrogen sulfide, there are people from exposure to these dirty air and contracted respiratory or visual organ disease every day. If we still ignore experts warned, will have a fall can live without half inches of pure point. Thick smoke, was wanton destruction of our homes!
This week for me is not a sweet weekend, because our soccer team was lost the game on Friday, and I did bad in that game, we played with a public school, they are faster than us and stronger than us, but I think we have get a lot of experience from this game, so we can do better in next game.
This week is a interesting week, we studied a lot of interesting things about how to run a company,that is very interesting. For enterprises to develop, the importance of managers is not put into words, and the management of their own, to do a good job in management, its quality should have the moral character, knowledge and ability three aspects. Management of such that the effects of these three aspects of a manager: character is the subjective force to promote the personal behavior, determines a person's desire and drive to work. Knowledge and the ability to represent the level of a person's intelligence, determines the working ability and development potential of a person's actual.
Wednesday, September 18, 2013
This week will be a very busy week, because we got a lot of classwork, and we have a test on personal finance class, this week we studied about market economic and economic, this would be very interest,Market economy (also known as the free market economy and free enterprise economy) is an economic system, in the production and sale of this system products and services free price mechanism completely by the free market guide, rather like the planned economy in general by the national guide. Market economy is also used as a synonym of capitalism. In a market economy does not have a central coordination system to guide its operation, but in theory, the market will be through the products and services of the supply and demand of complex interactions, and then reach the effect of self organization. Market economy proponents often advocate, people pursuit of self-interest is one of the best interests of society. And The planned economy, or the planned economy system, also known as the command economy, is a kind of economic system, and this system, countries in the production, resource allocation and product consumption areas, were made by the government or consortium planning ahead of time. Since almost all the planned economic system is dependent on the government's mandatory plan, therefore the planned economy is also known as the "command economy". Three kinds of economic system and the rest of the market economic system, the traditional economic system and the mixed economy system.
Sunday, September 8, 2013
This week was very short, but we studied some new things about cuba,Cuban sugar production in order
to maintain long-term economic dominated by a single model of economic
development. Cuba is one of the world's major
sugar-producing countries, known as the "World Sugar Bowl." Industry in the sugar industry,
accounting for 7% of world sugar production over sugar yield per capita in the
world, the annual output value of sucrose 40% of the national income accounts.
Agricultural main planting sugar
cane, sugar cane planting area accounts for 55% of arable land. Followed by rice, tobacco,
citrus, Cuban cigars world-renowned. Mineral resources to nickel,
cobalt, chromium based, in addition to manganese and copper. Volume of 800,000 tons of cobalt
deposits, reserves of 14.6 million tons of nickel, chromium 2,000,000 tons.
Cuba in 1938 found that zeolite
(experts called "Century Mineral"), but in 1986 began to vigorously develop.
Its estimated reserves of 30
million tons, second only to the United States and the former Soviet Union.
Currently many active products
have been produced, each with its own function. The forest coverage rate of about
21%. Rich in valuable hardwoods.
Cuba has rich tourism resources,
hundreds of scenic spots like the emerald coastline dotted .
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