My personal view is, given the recovery has strengthened and broadened, I dont see a case for quantitative easing and I have not supported it, Carney said in a Yorkshire Post article. While an end to stimulus may be bearish for stocks, the BOEs statement is bullish for the British pound sterling currency, which hit an eight-month high against the U.S. dollar Friday and extended a fourth weekly gain, the longest run in a year, reports David Goodman for Bloomberg . FXB is 1.6% lower year-to-date. This sits with the tone weve seen recently from the Bank of England, where there was an absence of very dovish rhetoric, Jane Foley, senior currency strategist at Rabobank International, said in the Bloomberg article. The message is that there may be further asset purchases should the recovery stall but the data suggest that things are returning to normal. Max Chen contributed to this article. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates.
United Kingdom:Blue on UK television
The United Kingdom, a member of the 27-member bloc, supported the first in a three-series Southeast Asian trade forums that seek to help small and medium enterprises benefit from trading arrangements, which was held at the Asian Institute of Management. The second and third sessions of the forum will be happening in Indonesia and Thailand. During the forum, British charge daffaires Trevor Lewis noted how the project could help small and medium enterprises raise the utilization of existing concessions with its FTA partners to boost the countrys gains from global trade. The project supports the UKs continued work to ensure SMEs develop and maintain trade and investment openness, a statement from the embassy said. Studies have shown that there is a 20-percent increase in trade openness that translates into a 4-percent increase in per capita income. Lewis said the UK was looking forward to starting trade negotiations with the Philippines. Some members of the Association of Southeast Asian Nations have already signed or are close to signing an FTA with the EU. Asean is composed of the Philippines, Singapore, Indonesia, Malaysia, Vietnam, Thailand, Laos, Cambodia, Myanmar and Brunei. The FTA will open doors for zero tariff and lower taxes on the products traded between Manila and EU nations. The Philippines has been talking with the EU on the establishment of a free trade agreement, but there have been no positive signs to the talks that have been going on for years. Ambassador Donald Dee, the chairman of the Universal Access to Competitiveness and Trade, which supported the forum at the AIM, enumerated the opportunities that an FTA can open for small and medium enterprises in the country. A representative from the Tariff Commission and Customs, on the other hand, discussed the simplified, step-by-step procedure on how exporters should apply for tariff rulings to determine their product classification and how to apply for a Certificate of Origin that is necessary when availing oneself of FTA preferential tariffs. Lewis said the focus on small and medium enterprises was deliberate because the project aimed to help these businesses ride the waves of high economic growth. Readers of this story also viewed:
Report Published: “Defense Spending in the United Kingdom”
Anthony Costa, Duncan James, Lee Ryan and Simon Webbe represented the United Kingdom in 2011 with the song I Can achieving 100 points and 11th place – one of the highest places for some years. They talked to the host about various topics including how being on tour has taken on new meaning now that all of them are parents. They were also there to publicise their new tour Roulette which starts in Nottingham on 13 October. This follows their participation in the tv show The Big Reunion and follow up sold out show on 3rd May in London. The 21 day tour will take them to many cities in England, Scotland and Wales. Stay tuned to esctoday.com for the latest information on the UK and the Eurovision Song Contest . About the author Robin Scott I attended my first Eurovision Song Contest in 1995, and from 1996 presented daily live reports for radio stations from the event. Since then I have been providing material from everywhere the contest has been held. I also enjoy compiling most of the video materials for three UK ESC events each year. In 2010 I first provided material for esctoday.com.
View Full Report Details and Table of Contents Highlights – Defense spending covers capital items, military personnel, government defense agencies, and related expenditure on defense and peacekeeping. The defense market is segmented to include expenditure on: personnel; equipment; infrastructure; and other expenditure (which represents all other spending). Volume is measured as the active serving personnel in the national army, air force, navy (including marines and coast guard) and other elements of the service, such as Joint Staff. Any currency conversions used in the creation of this report have been calculated using constant 2012 annual average exchange rates. – UK defense spending had a total budget allocation of $60.8bn in 2012, representing a compound annual growth rate (CAGR) of 1.8% between 2008 and 2012. – Personnel numbers remained largely stagnant during 2008 and 2012, with a compound annual rate of change (CARC) of less than -0.1%, resulting in a total of 159,931 in 2012. – The performance of the market is forecast to decelerate, with an anticipated CAGR of 1.2% for the five-year period 2012 – 2017, which is expected to drive the market to a value of $64.7bn by the end of 2017. Features Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the defense spending market in the United Kingdom Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the defense spending market in the United Kingdom Leading company profiles reveal details of key defense spending market players’ global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom defense spending market with five year forecasts by both value and volume Macroeconomic indicators provide insight into general trends within the United Kingdom economy Key Questions Answered What was the size of the United Kingdom defense spending market by value in 2012? What will be the size of the United Kingdom defense spending market in 2017? What factors are affecting the strength of competition in the United Kingdom defense spending market? How has the market performed over the last five years? About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world’s top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget.