[27 June 13] US trade deficit with China - English
The US trade deficit with China reached $315 billion last year, a record unsurpassed in the history of such statistics.
In April, US exports to...
The US trade deficit with China reached $315 billion last year, a record unsurpassed in the history of such statistics.
In April, US exports to the 27-nation European Union fell 7.9 percent. Exports to the EU in the first four months of 2013 were down 7.4 percent compared to the same period in 2012.
Exports to the United Kingdom were the lowest since May 2009, while those to China declined 4.7 percent.
Imports from China surged 21.2 percent, lifting the contentious US trade deficit with China to $24.1 billion from $17.9 billion in March.
China keeps investing in its future, creating jobs, building infrastructure, funding education and technology and its GDP soars. And America keeps sliding into a no-growth economy, to 1% GDP growth in a generation.
According to Robert Fogel, the director of the Center for Population Economics at the University of Chicago Booth School of Business and winner of the 1993 Nobel Memorial Prize in Economics; \"In 2040, the Chinese economy will reach $123 trillion, or nearly three times the economic output of the entire globe in 2000. China\'s per-capita income will hit $85,000, more than double the forecast for the European Union, and also much higher than that of India and Japan as China moves \"from a poor country in 2000 to a superrich country in 2040.\"
America\'s per-capita wealth may be higher, says Fogel, but \"China\'s share of global GDP - 40% - will dwarf that of the United States (14%) and the European Union (5%) 30 years from now.\"
China has been one of the fastest growing markets for US goods, and exports to that country were up 4.8 percent for the first four months of 2013.
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Iran Economy - Then (Shah) and Now (Ahmadinejad) - English
Hypothesis: The Iranian secularist mafias want to go back to the government based on a thirst for power and resurrection of corruption networks...
Hypothesis: The Iranian secularist mafias want to go back to the government based on a thirst for power and resurrection of corruption networks with which they made themselves and their relatives wealthy.
What happens when secularist dictators and secularist mafias of Iran handle the economy, and what happens when real Revolutions and presidents representing the real national will do so.
Measuring the progress or success of a nation based on numbers and measurements created by the very tyrant powers of the world will always be incorrect. However this shows a comparison even in such a hostile field.
The price of oil has a big impact on the evolution of the GDP in Iran. However, anyone wanting to refute this video is bound to two possible alternatives:
a) It is that either Fundamentalist Muslims manage the economy better and with less corruption (leakages), or
b) By the grace of God, every time real Muslims are in power in Iran, the price of oil goes into its biggest peaks of history !
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[02 June 2012] Zionism Jewishness and All That Jazz - Double Standards -...
[02 June 2012] Zionism Jewishness and All That Jazz - Double Standards - English
Human rights NGO Amnesty International join forces with Al Qaeda...
[02 June 2012] Zionism Jewishness and All That Jazz - Double Standards - English
Human rights NGO Amnesty International join forces with Al Qaeda in Syria. The battle to keep Greece in the Euro continues as EU leaders do all they can to fight the wishes of the people of Europe. We also talk to Gilad Atzmon, Jewish novelist, journalist and saxophonist, about Lebanon, Palestine and censorship. These and much more are all reviewed in this edition of Double Standards with Afshin Rattansi.
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[15 July 13] China economy slowing down - English
China\'s national Bureau of Statistics has released new figures on the country\'s economic outlook. The figures show China\'s economic growth was...
China\'s national Bureau of Statistics has released new figures on the country\'s economic outlook. The figures show China\'s economic growth was 7.5 percent in the second quarter of 2013-down from 7.7 percent in the first quarter of the previous year and the slowest pace in 23 years. Figures also show China\'s GDP has been staying under 8% for five straight quarters, which is a clear sign of distress. The government is now setting 7.5 percent economic growth target for 2013. Some economists have warned that China could face economic problems because of over-investment in its industries. But Sheng said that in terms of urbanization and consumption, and levels of development in its interior, China still has enormous potential.
Steven Ribet, Press TV, Beijing
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[20 Nov 2013] 29th session of COMCEC underway in Istanbul - English
The Standing Committee for Economic and Commercial Co-operation of the Organization of Islamic Co-operation (COMCEC) was established in...
The Standing Committee for Economic and Commercial Co-operation of the Organization of Islamic Co-operation (COMCEC) was established in Mecca in 1981. The OIC is an organization of 57 Muslim countries that make up 22% of the world\'s population but only 11% of the world\'s GDP.
The Organization of Islamic Co-operation has been working for four decades to contribute to the economic development of its members. Today the organisation has four trillion dollar economies, Indonesia, Iran, Saudi Arabia, and Turkey, who together are responsible for nearly half of all the intra-OIC trade and foreign direct investment.
This session of COMCEC covered topics ranging from the expansion of intra-OIC trade, financial co-operation, and better infrastructure to sustainable tourism and poverty eradication.
Over 500 delegates from more than 50 countries and a dozen international organizations have met here today in Istanbul at the 29th international COMCEC conference. The main message of the conference is the need for greater co-operation and co-ordination between the member states of the OIC to increase trade which will be beneficial to all their economies.
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