Chile had a slight increase of exports of aquatic products
Chilean National Fisheries Institute figures show that the country from January 2008 to August, export value of fish and fishery products were for the 1.1 billion 15 million U.S. dollars, representing a 4.8 percent increase over the same period of the previous year. In 2008 in first 8-month export volume reduced by 12.5% over the previous year, as 645,000 tons. In the surface of south Pacific fish production decreased by 15.1 percent, only catched in the North remained stable. Fishmeal gross sales in August were 376.6 million U.S. dollars only, representing a decrease of 10.2%.
German media: in world export champion war, Germany beat China
Over the years Germany who has been the world champion of top export, in 2008, once again encountered strong offensive from China which rival catched up. Coupled with the latest data which the Federal Bureau of Statistics released, in November last year, Germany’s export trade declined, compared to the same period last year, 11.8 percent, as a highest record in 15 years. German industry is also facing a substantial reduction in orders plight. Nevertheless, Germany still has a slight advantage to keep the export world champion in the world.
Germany’s central bank governor: in 2009 the German economic downturn is likely to exceed expectations
Xinhua Frankfurt on January 9th Xinhua (Lu Qunxin) as the president of European Central Bank Governing Council member and Deutsche Bundesbank, Axel Weber said on the 9th, with the worsening economic recession, in 2009 the German economic slowdown might be more than expected. Weber said that in 2008 the economic situation in the fourth quarter might be worse than expected, which undoubtedly will bring the negative impact for the central bank’s 2009 economic growth forecast. German central bank had predicted in December last year, in which in 2009 the German economy would fell 0.8 percent, while in 2010 to 1.2 percent growth.
For Opel, German government will provide 1.8 billion euros loan guarantees
Xinhua in Frankfurt on January 9th Xinhua (Lu Qunxin) in Germany Rheinland – Pfalz in Ministry of Economic Affairs spokesman, John Winkler, said on the 9th, the German government would for GM’s Opel conditionally provide 1.8 billion euros loan guarantees. Winkler said the Opel company still needed on January 13rd to the Government and the four related federal states said the reasons for loan guarantees that the company asked the Government.
German retail sales rose in November last year, exceeding expectations
Xinhua in Frankfurt on January 9th Xinhua (Lu Qunxin) according to the latest data from the Federal Bureau of Statistics on January 9th it showed that allowing for inflation and seasonal factors in Germany in November last year, retail sales in October compared with last year increased by 0.7%. In November last year sales growth was higher than the expert’s predict in which the increase in the level of 0.5 percent, although the data are still comoared to the same period last year dropped 3 percent.
Germany proposed the establishment of “Economic Council” of the United Nations
Merkel attended on the same day, which was held in Paris and called “New World a new capitalism”, the international seminar. During the meeting, she delivered a speech at the opening ceremony said that the international community should learn from the lessons of the current financial crisis and avoid the recurrence of similar crises in the future, it was important to strengthen the international financial market regulation, and can consider extending the functions of the International Monetary Fund and so on.
Japan’s economy under the influence of the sub-loan crisis
As soon as possible in order to overcome the sub-loan crisis has a negative impact on the economy steadily and to maintain the basic trend, the Japanese government and central bank hoped that the economy through structural reforming build a flexible economy, develop the financial services sector, followed the economic model of growth in domestic demand.
Economic Essay: worry for British retail market
LONDON, Dec 1 (Reporter Ma Jianguo) the central bank cut interest rates, and the Government has reduced value-added tax, and business started promotional discounts early … … but a series of moves designed to boost consumer spending did not make the market lively scene which the British people expected. How can we please the consumer return to market seems to be a major problem.
German Chancellor Angela Merkel still refused to lower taxes to cope with economic recession
Frankfurt on December 1: German Chancellor Angela Merkel on December 1 in the Christian Democratic Union Congress said that the German government would take all possible methods to deal with economic recession, but she still refused to make concessions on the issue of areas of concerning tax cuts. Merkel also said that the German government would continue the latest analysis of the situation of the economic development and formulate appropriate countermeasures.
Translate (most links are in Chinese)