Saxo Bank, the online trading and investment specialist, today releases their Q3 outlook that views Europe as insolvent, in a phase of denial of the actual problems and without a credible path forward. The Bank’s analysts also predict that growth in China will decrease to 6.5 percent, marking the next quarter as the low point for China and for world growth in general.
For the current crisis, Saxo Bank operates with a three-phase model that includes; Denial (which prompts policy-makers and central bankers to rely on quantitative easing and financial stimulus); Protest (where the public votes new governments which still fail to address the real problems) and; Mandate for Change (which forces policy-makers to take real action). According to the Bank, the EU has remained embedded in the first and second phases, having yet to arrive at a mandate for change.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/56575/
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The expert editors from Kelley Blue Book’s www.kbb.com, the leading provider of new car and used car information, today name the 10 Coolest New Cars Under $18,000 (http://www.kbb.com/car-reviews-and-news/top-10/10-coolest-cars-under-18000-2012/). In this annual list published by Kelley Blue Book’s kbb.com, the editors ranked their top choices and named the 2013 Dodge Dart as this year’s No. 1 affordable new ‘Cool Car.’
The economy is at a near-standstill and gas prices are through the roof, but regardless of financial constraints or economic hardships, the simple fact remains that car shoppers want their new ride to be cool. That is why now, more than ever, kbb.com’s annual list of the 10 Coolest Cars under $18,000 is in tune with the times, providing a great selection of cars that are not only affordable, but also fun.
To view Multimedia News Release, go to http://www.multivu.com/mnr/56270-kelly-blue-book-kbb-com-10-coolest-new-cars-under-18000-2012
This year’s St Petersburg International Economic Forum, will convene under the theme, 'Leadership that Works'. The Forum’s official programme will feature a range of sessions organized under four interrelated content pillars, and designed in various formats so as to stimulate interactivity and enrich participant experience. In addition to the traditional panel sessions and roundtables it will include a number of 'session series', industry breakfasts, business round tables, and plenary sessions with participation of global political and business leaders.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/st-petersburg-international-economic-forum/56554/
Haiti’s Francis mango is back for a short six to eight weeks at Whole Foods Market. Starting now and for a limited time, shoppers will find this exclusive Fair Trade™ Certified fruit under the grocer’s Whole Trade program, which drives meaningful dollars into the struggling Haitian economy. Whole Foods Market is the sole buyer of Fair Trade Certified mangos and purchases the fruit from small Haitian growers, sometimes buying from a family with just one tree. The Whole Trade Guarantee ensures growers receive equitable pay – a key point since this mango crop is often the only source of cash income for many of these farmers. Additionally, many stores will offer organic Haitian mangos. This is the third year the company has brought Whole Trade Haitian mangos to stores, and Whole Foods Market is working to expand the number of growers it works with, providing more mangos to shoppers and more money in Haitian grower’s pockets.
To view Multimedia News Release, go to http://www.multivu.com/mnr/49714-whole-foods-market-haitian-mangos-fair-trade-certified-fruit
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The 5th Astana Economic Forum devoted to the challenges and perspectives of economic development in a time of global transformation, will be held from May 22-24, 2012, in Kazakhstan’s capital of Astana.
Forum participants will include the President of the Republic of Kazakhstan, Nursultan Nazarbayev; the former President of the Federal Republic of Germany, Horst Köhler; the Prime Minister of Qatar, Sheikh Hamad bin Jassim bin Jaber al-Thani; the Prime Minister of Turkey, Recep Tayyip Erdogan; the Prime Minister of Georgia, Gilayri Nicoloz Zyrabovich; 25 active and former ministers, 40 leaders of international organizations, corporations and businesses, 11 Nobel Prize winners and other eminent thinkers.
To view Multimedia News Release, go to http://www.multivu.com/mnr/53809-astana-economic-forum-kazakhstan
Saxo Bank, the online trading and investment specialist, believes a reasonably positive economic momentum barring a geopolitical crisis is likely during Q2 2012. The eventual return of QE seems inevitable as central banks try to keep the crisis at bay and the compounding of policy errors failing to address the solvency problem and growing social and geo-political friction will potentially lead to an explosive outcome.
According to the Bank’s analysts, Europe will continue on the path of flat growth despite the Eurozone having entered recession at the tail-end of last year. However the rebound in economic growth in the US will eventually spill over into Europe, and Asia will continue to aid its growth through imports. If the recovery in the US fails to provide enough jobs momentum a return of QE some time in Q3 may be a possibility. In Asia, the critical question is China, as losses on investments continue to accumulate and eventually need to be realised.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/53812/
Two decades after the original Nissan Altima revolutionized the traditional mid-size sedan segment in North America, Nissan's best-selling vehicle is about to shake up the category all over again. Making its world debut at the New York International Auto Show, the 2013 Nissan Altima is once again poised to become the new benchmark in the hotly contested segment when it goes on sale at Nissan retailers nationwide this summer.
To view Multimedia News Release, go to http://www.multivu.com/players/English/55113-nissan-altima-2013-mid-size-sedan-leads-class-in-style-fuel-economy-performance-innovation
Honda unveiled the 2013 Crosstour Concept today at the New York International Auto Show (NYIAS), providing the first official glimpse of a more capable looking exterior styling direction for the luxurious mid-size CUV. Set to go on sale this fall, the Crosstour’s defined lines will resonate more clearly with the active consumers that form the largest portion of the premium crossover segment. The 2013 Crosstour V-6 will feature improved fuel economy thanks to its new 6-speed automatic transmission, while both four-cylinder and V-6 versions will benefit from a host of safety and visibility upgrades.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/honda/54312/
Designed to delight shoppers and defy convention, two all-new 2013 Hyundai Santa Fe models make their world debut today at the 2012 New York International Auto Show. The third-generation Santa Fe crossover family introduces the two-row, five-passenger Santa Fe Sport and the long wheelbase (LWB) three-row, seven-passenger model called Santa Fe. The all-new Santa Fe family showcases the brand’s cutting-edge capabilities through “Fluidic Sculpture” design, impressive fuel economy and a host of features to delight drivers and passengers with high expectations for functionality and comfort. The all-new 2013 Santa Fe Sport will go on-sale late this summer, with the larger Santa Fe introduced to dealers in January 2013.
To view Multimedia News Release, go to http://www.multivu.com/mnr/55437-hyundai-santa-fe-2013-models-debut-new-york-international-auto-show-nyias
CEOs remain optimistic about prospects for the economy as well as the outlook for their own firm’s performance in the midst of persistent economic and political uncertainties. The Vistage CEO Confidence Index was 105.1 in the 1st quarter 2012 survey, up from 98.8 in Q4 and 83.5 in Q3 of last year. Confidence is at its highest level since 105.2 was recorded at the start of 2011. Expected economic gains have prompted CEOs to continue to slowly expand employment in anticipation of higher sales; nonetheless, 84% of the CEOs surveyed said they’ve learned to be more productive with fewer employees. The Q1 2012 results reflect the sentiments of 1,854 small business CEOs surveyed from March 5-16, 2012.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/vistage/51157/
