Thursday 10 October 2013

Pengangguran Greek melompat sekali lagi bajet kembali hitam - Ekonomi



SitiWanMahani - Pengangguran di Greece telah mencecah paras rekod baru. Semakin ramai orang mengatakan kaedah semasa untuk mendapatkan keluar dari krisis ini tidak berfungsi, dan negara ini telah jatuh kembali ke tahun 1950-an .

Pekerjaan kurang dan kurang boleh didapati untuk hampir 1.4 juta orang yang telah kehilangan kerja mereka dalam tempoh 6 tahun lalu telah menyertai barisan bantuan kebajikan .

Walaupun angka keseluruhan adalah cukup buruk angka pengangguran belia adalah yang lebih teruk lagi, dengan lebih separuh daripada kumpulan umur 15-24 yang kini tiak mampu untuk menyara hidup. Kedua-dua kadar pengangguran adalah lebih buruk masa ini daripada tahun lepas.

Walau bagaimanapun kerajaan kini berjalan lebihan bajet, dan sasaran untuk memastikan pemiutang antarabangsa gembira, dan dengan itu mendapat pelepasan hutang lagi.

“Cerita kejayaan kerajaan menurut Perdana Menteri Samaras, adalah cerita kegagalan rakyat. Ia telah dibina di atas pemberhentian, penutupan syarikat-syarikat dan institusi, dan penyusutan pelaburan awam,” kata seorang muda lelaki yang mencari kerja.

Greek unemployment jumps again despite budget 
back in black - economy

Unemployment in Greece has hit a new record high. More and more people say the current method for getting out of the crisis is not working, and the country has slipped back to the 1950s.

Fewer and fewer jobs are available for the nearly 1.4 million people who have lost their work in the last six years or have joined the dole queues.

While the overall figure is bad enough the youth unemployment figure is even worse, with more than half of the 15-24 age group currently able to earn a living. Both unemployment rates are worse than this time last year.

However the government is now running a budget surplus, and is on target to keep its international creditors happy, and thus earn more debt relief.

"The government's success story according to Prime Minister Samaras, is the people's story of failure. It was built on layoffs, the shutdown of companies and institutes, and the shrinking of public investment," said one young male jobseeker.

Chomsky: kempen berdengung (Drone) Amerika Syarikat adalah tindakan pengganas yang terbesar DUNIA (EKSKLUSIF)



SitiWanMahani - Amerika Syarikat bukan kuasa besar yang pertama untuk bertindak seolah-olah ia adalah luar biasa dan mungkin tidak akan jadi yang terakhir, walaupun pemimpin Amerika Syarikat boleh membazirkan peluang yang berhasil untuk hubungan antarabangsa yang lebih baik, Noam Chomsky berkata dalam satu temu bual dengan RT.

Chomsky: US drone campaign is world's biggest terrorist 
action (EXCLUSIVE)

The United States is not the first superpower to act as if it's exceptional and will likely not be the last, although US leaders could be squandering a fruitful opportunity for improved international relations, Noam Chomsky said in an interview with RT.


Balas dendam? Libya PM dicolek daripada hotel sebagai tindak balas kepada serbuan Amerika Syarikat . . .



SitiWanMahani - Perdana Menteri Libya Ali Zeidan, yang sebelum ini dicolek, dalam “kesihatan yang baik dan akan dilayan dengan baik sebagai warga Libya”, dan sedang disimpan di jabatan anti-jenayah di negara ini, seorang pegawai memberitahu agensi berita negeri.

Revenge? Libyan PM seized from hotel in response to US raid. Libyan Prime Minister Ali Zeidan, who was earlier seized, is in "good health and will be treated well as a Libyan citizen", and is being kept at the country's anti-crime department, an official told a state news agency.



Stairway to Heaven - The Kennedy Center Honors LED ZEPPELIN . . .

4 simbol pada label dan lengan pada Led Zeppelin IV, yang mewakili (dari kiri ke kanan) Page, Jones, Bonham, dan Plant (The four symbols on the label and inside sleeve of Led Zeppelin IV, representing (from left to right) Page, Jones, Bonham, and Plant).



Stairway To Heaven - Kennedy Center Honors Led Zeppelin


Led Zepplein (Album 1971) Stairway to Heaven

Lyrics:

There's a lady who's sure all that glitters is gold
And she's buying a stairway to heaven.
When she gets there she knows, if the stores are all closed
With a word she can get what she came for.
Ooh, ooh, and she's buying a stairway to heaven.

There's a sign on the wall but she wants to be sure
'Cause you know sometimes words have two meanings.
In a tree by the brook, there's a songbird who sings,
Sometimes all of our thoughts are misgiven.
Ooh, it makes me wonder,
Ooh, it makes me wonder.

There's a feeling I get when I look to the west,
And my spirit is crying for leaving.
In my thoughts I have seen rings of smoke through the trees,
And the voices of those who stand looking.
Ooh, it makes me wonder,
Ooh, it really makes me wonder.

And it's whispered that soon if we all call the tune
Then the piper will lead us to reason.
And a new day will dawn for those who stand long
And the forests will echo with laughter.

If there's a bustle in your hedgerow, don't be alarmed now,
It's just a spring clean for the May queen.
Yes, there are two paths you can go by, but in the long run
There's still time to change the road you're on.
And it makes me wonder.

Your head is humming and it won't go, in case you don't know,
The piper's calling you to join him,
Dear lady, can you hear the wind blow, and did you know
Your stairway lies on the whispering wind.

And as we wind on down the road
Our shadows taller than our soul.
There walks a lady we all know
Who shines white light and wants to show
How everything still turns to gold.
And if you listen very hard
The tune will come to you at last.
When all is one and one is all
To be a rock and not to roll.

And she's buying a stairway to heaven.


Stairway To Heaven - Kennedy Center Honors Led Zeppelin. Direkodkan pada Kennedy Center Opera House di Washington, DC pada 2 Disember 2012. Memaparkan Jason Bonham pada drum dan memakai Clockwork Orange topi bowler, sama seperti bapanya.

Stairway To Heaven - Kennedy Center Honors Led Zeppelin. Recorded at the Kennedy Center Opera House in Washington,DC on December 2, 2012. Featuring Jason Bonham on drums and wearing a Clockwork Orange bowler hat, just like his father.



Kemisterian hutang Siling: 5 perkara yang perlu Anda tahu . . .

Reuters/Jonathan Ernst (think IN pictures @1WORLDCommunity)

SitiWanMahani - Sebagai kerajaan Amerika Syarikat adalah kira-kira mencecah siling hutang yang kononnya daripada $16.7 trillion pada Oct 17, prospek menakutkan ekonomi terbesar di DUNIA kehabisan tunai mendominasi tajuk utama di seluruh DUNIA.

Jadi, dalam usaha untuk bersinar cahaya pada apa sebenarnya hutang siling bermakna kepada kita semua, Business RT bercakap kepadanya membawa pakar kewangan Moscow Chris Weafer, rakan kongsi kanan di Makro Advisory.com.

1. Apa sebenarnya “hutang Siling?”

Siling hutang Amerika Syarikat telah wujud selama hampir satu abad, dan menerangkan jumlah maksimum wang Amerika Syarikat undang-undang boleh meminjam. Negara telah diperkenalkan had yang ditetapkan di belakang hutang pada tahun 1917, dan sejak mereka ia telah menetapkan jumlah yang berpatutan hutang negara yang boleh dikeluarkan oleh Perbendaharaan Amerika Syarikat.

Sehingga 25 Sept, Perbendaharaan Amerika Syarikat melaporkan hutang kerajaan persekutuan padanya hanya malu $16. 7 trillion ($ 16, 699, 396,000,000.00, lebih tepat) dalam satu kenyataan hariannya, angka yang telah dilaporkan selama 130 hari berturut-turut. Ini adalah kira-kira $25 billion malu had undang-undang yang tepat - $ 16, 699,421,095,673.60.

Apabila Amerika Syarikat menghampiri had hutang ini, ia boleh mengambil beberapa “langkah-langkah yang luar biasa” untuk membeli sedikit masa sebelum Kongres bersetuju untuk menaikkan siling. Di seluruh sejarah, Amerika Syarikat setakat ini tidak pernah sampai ke titik lalai, di mana Perbendaharaan tidak boleh membayar hutangnya.

2. Siapa memegang hutang Amerika Syarikat?

Amerika Syarikat berhutang kira-kira 2/3 daripada hutang kepada pemiutang yang berpangkalan di Amerika Syarikat, dengan hampir 66% peratus daripada hutang negara yang diadakan dalam negara.

Individu institusi kewangan Amerika Syarikat dan memegang sekitar 31. 7% peratus daripada Perbendaharaan Amerika Syarikat, dengan bank pusat Amerika Syarikat, Rizab Persekutuan, yang memegang beberapa peratus 12 daripada hutang itu.

Pemiutang asing, termasuk China dan Jepun, mempunyai kira-kira 34% peratus daripada jumlah hutang kerajaan Amerika Syarikat. Kedua-dua “pemberi pinjaman besar” negara baru-baru ini menggesa Amerika Syarikat untuk mengambil langkah-langkah tegas untuk mengelakkan lalai.

3. Apakah Amerika Syarikat meminjam wang untuk apa?

Di Amerika Syarikat, sering dirujuk sebagai sebuah negara yang “besar-perbelanjaan”, kedua-dua individu dan kerajaan lazimnya telah membelanjakan lebih daripada yang mereka usahakan, menolak ekonomi yang lebih mendalam ke dalam hutang. “Sama seperti mana-mana individu biasa, pilihan sama ada untuk mengurangkan perbelanjaan atau meminjam wang untuk merapatkan jurang,” kata Weafer.

Pada tahun 2012, 22 peratus daripada jumlah perbelanjaan kerajaan pergi kepada keselamatan sosial (bayaran cara diuji kepada golongan miskin dan menganggur), manakala 21% peratus telah dibelanjakan untuk penjagaan kesihatan, sekali lagi kebanyakannya untuk miskin Amerika yang tidak mampu insurans kesihatan swasta.

Perbelanjaan item yang ke-3 terbesar adalah pertahanan pada 19% peratus. Dalam dekad kebelakangan ini, rang undang-undang pertahanan Amerika Syarikat telah melambung, terutamanya disebabkan oleh peperangan yang mahal di Iraq, Afghanistan dan di tempat lain.

Apa yang dipanggil “Perang di Keganasan” juga telah menambah besar kepada beban hutang, manakala Jabatan Keselamatan Dalam Negeri , yang dicipta selepas 11 September 2001, serangan ke atas Amerika Syarikat, mempunyai pembayar cukai kos lebih daripada terkumpul $800 billion.

Terbesar faktor penyumbang ke hutang gunung yang berkembang pesat dalam tahun-tahun kebelakangan ini, bagaimanapun, telah menjadi krisis ekonomi yang bermula pada tahun 2008.

Selain daripada beratus-ratus bilion dolar yang dibayar untuk menyelamatkan gagal Wall Street bank-bank yang telah membuat terlalu banyak pinjaman toksik, kerajaan Amerika Syarikat juga telah membayar jumlah yang besar ke atas program-program sosial yang penting untuk membantu semakin meningkat “tentera yang menganggur.”

Bersama-sama dengan luka Bush- era cukai untuk perniagaan kaya dan besar, pendapatan purata yang lebih rendah dan kadar pengangguran yang lebih besar telah melanda hasil cukai kerajaan keras, menghantar hutang kerajaan persekutuan setinggi langit.

4. Mengapa tidak mereka hanya mencetak lebih banyak dolar dan membayar hutang mereka?

Tiada ekonomi di DUNIA hanya boleh menghidupkan mesin cetak dan mewujudkan tunai sebanyak ia mahu, kerana ini akan membuat mata wang bernilai. “Jika jumlah mata wang dalam isu tidak bijaksana yang berkaitan dengan kekuatan ekonomi, maka rakan-rakan perdagangan asing akan . . . nilai mata wang dengan cepat,” Weafer menerangkan.

“Jika anda mempunyai satu aset dan sumber pendapatan yang membolehkan anda untuk mengeluarkan 1 dolar, dan kemudian anda mencetak dolar 1 lagi, orang lain akan melihat apa yang anda lakukan dan akan nilai dolar satu anda hanya 50 puluh sen.

Beberapa negara telah dilakukan pada masa lalu, tetapi dalam kes-kes orang tidak lama lagi terpaksa menggunakan beg pakaian hanya untuk membawa wang yang cukup untuk membeli sebuku roti.”

Di bawah sistem kewangan Bretton Woods, yang ditubuhkan pada tahun 1944 , jumlah mata wang dalam edaran dikaitkan dengan rizab emas. Tetapi pada tahun 1971, Amerika Syarikat meninggalkan sistem ini dan mula termasuk beberapa faktor ekonomi yang lain, berdasarkan kemampuan yang diiktiraf untuk membayar hutang dan menghalang inflasi, dan mengekalkan perdagangan yang teratur dengan seluruh DUNIA.

5. Bagaimana lalai Amerika Syarikat akan memberi kesan kepada 
orang di seluruh DUNIA, pada peringkat makro dan peribadi?

Jika Amerika Syarikat gagal, maka sistem kewangan DUNIA “akan mula membekukan,” kata Weafer. “Bank-bank akan menarik balik dari risiko dan pinjaman. Ekonomi Amerika Syarikat akan ‘Slaid’ ke arah kemelesetan dan ekonomi global dengan pantas akan terjejas.” Lalai Amerika Syarikat yang berpanjangan akan menyebabkan kehilangan pekerjaan di mana-mana dan syarat-syarat pinjaman yang lebih sukar bagi syarikat-syarikat dan individu, tambah beliau.

“Satu tempoh yang singkat lalai juga akan membawa kesan buruk kerana ia akan menjejaskan keyakinan dalam sistem kewangan DUNIA,” kata beliau. “Bank-bank dan pelabur akan menganggap bahawa menetapkan jangka pendek di Amerika Syarikat bermakna ia hanya akan menjadi perkara masa sebelum isu yang sama timbul lagi pada tahun 2014. Langkah berjaga-jaga yang terhasil akan membuat kehidupan yang lebih sukar untuk kita semua.”


Demystifying the debt ceiling: 5 things you should know

As the US government is about to hit its so-called debt ceiling of $16.7 trillion on Oct. 17, the frightening prospect of the world’s biggest economy running out of cash is dominating headlines around the globe.

So, in an effort to shine some light on what exactly the debt ceiling means to all of us, Business RT spoke to leading Moscow financial expert Chris Weafer, a senior partner at Macro-Advisory.com.

1.  What exactly is the “debt ceiling?”

The US debt ceiling has existed for almost a century, and describes the maximum amount of money the US can legally borrow. The country introduced the legislative limit on its debt back in 1917, and since them it has stipulated the affordable amount of national debt that can be issued by the US Treasury.

As of Sept. 25, the US Treasury reported federal government debt at just shy of $16. 7 trillion ($16, 699, 396,000,000.00, to be exact) in its daily statement, a figure which has been reported for 130 days straight. This is about $25 billion shy of the precise legal limit – $16,699,421,095,673.60.

When the US approaches this debt limit, it can take some “extraordinary measures” to buy some time before Congress agrees to raise the ceiling. In its entire history, the US has so far never reached the point of default, where Treasury can’t pay its debt obligations.

2.  Who holds the US debt?

The US owes about two-thirds of its debt to US-based creditors, with almost 66 percent of the country’s debt held domestically. US individuals and financial institutions hold around 31.7 percent of US Treasuries, with the US central bank, the Federal Reserve, which holds some 12 percent of the debt. Foreign creditors, including China and Japan, own an estimated 34 percent of total US government debt. These two “big lender” countries have recently urged the US to take decisive steps to avoid a default.

3. What does the US borrow the money for?

In the US, often referred to as a “big-spending” country, both individuals and the government have habitually spent more than they earn, pushing the economy deeper into debt.“Just like any ordinary individual, the choice is either to cut back on spending or to borrow money to bridge the gap,” Weafer says.

In 2012, 22 percent of total government expenditures went to social security (means-tested payments to the poor and unemployed), while 21 percent was spent on health care, again mostly for poor Americans who cannot afford private health insurance.

The third largest expenditure item is defense at 19 percent. In recent decades, the US defense bill has ballooned, mainly due to costly wars in Iraq, Afghanistan and elsewhere. The so-called “War on Terror” has also added greatly to the debt burden, while the Department of Homeland Security, created after the Sept. 11, 2001, attacks on the US, has cost taxpayers more than a cumulative $800 billion.

The biggest contributory factor to the fast-growing debt mountain in recent years, however, has been the economic crisis that began in 2008. Apart from hundreds of billions of dollars paid out to rescue failing Wall Street banks that had made too many toxic loans, the US government has also paid out large amounts on vital social programs to aid the growing “army of the unemployed.”

Coupled with the Bush-era tax cuts to the rich and big business, lower average incomes and greater unemployment have hit government tax revenues hard, sending federal government debt sky-high.

4.  Why can’t they simply print more dollars and pay their debt?

No economy in the world can simply turn on its printing presses and create as much cash as it wishes, as this would make its currency worthless. “If the amount of currency in issue is not sensibly related to the strength of the economy, then foreign trade partners will . . . devalue the currency quickly,” Weafer explains.

“If you have one asset and income source which allows you to issue one dollar, and then you print one more dollar, everybody else will see what you have done and will value your one dollar at only fifty cents. Some countries have done that in the past, but in those cases people soon had to use suitcases just to carry enough currency to buy a loaf of bread.”

Under the Bretton Woods financial system, established in 1944, the amount of currency in circulation was linked to gold reserves. But in 1971, the US abandoned this system and started to include a number of other economic factors, based on a recognized ability to service debt and prevent inflation, and maintain orderly trade with the rest of the world.

5. How would a US default affect people around the WORLD, 
on a macro and personal level?

If the US defaulted, then the world’s financial system “would start to freeze up,” Weafer says. “Banks would pull back from risk and lending. The US economy would slide towards recession and the global economy would quickly be affected.” A prolonged US default would lead to job losses everywhere and much tougher borrowing conditions for companies and individuals, he adds.

“A short period of default would also have a bad effect in that it would hurt confidence in the world’s financial system,” he says. “Bankers and investors would assume that a short-term fix in the US would mean it would only be a matter of time before the same issue arises again in 2014. The resulting caution would make life that much tougher for all of us.”


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