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/
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/
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Dorel Juvenile Group USA, a division of Dorel Industries (TSX: DII.B, DII.A) and the nation’s largest juvenile products manufacturer, today introduces Safety 1st® TV (www.Safety1stTV.com), an interactive online video resource for parents. A trusted brand in child safety for over 25 years, Safety 1st® makes child safety advice and insights from its in-house experts available to all parents with the click of a mouse at Safety1stTV.com.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/safety1st/43570/
S&T Bank (S&T) (NASDAQ: STBA), a full-service financial institution with assets of $5.8 billion, branch locations in 12 Pennsylvania counties and loan production offices in northeast and central Ohio, announced today a rebranding initiative that elevates the company’s corporate identity, while maintaining its century-long heritage…one customer at a time. To support the new look and feel, S&T will launch a brand campaign that plays on the ampersand (&) in its name. The campaign connects the major moments in customers’ lives with S&T Bank and will include television, radio, outdoor, and online components.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7288351-s-t-bank-rebranding/
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A cartoon character from a Buddhist temple in Beijing has been making waves online. But Xian’er the monk is no ordinary two-dimensional comic strip – he’s a walking, talking, 24-inch high robot who can chant, answer questions and interact with his surroundings.
Xian’er the robot monk is not the first high-tech solution to Buddhist teachings from Longquan Temple. The institution is staffed by monks who operate computers and smart phones along with their prayer beads and singing bowls. His creator, Master Xianfan joined the temple after graduating from China’s most prestigious art school – the Central Academy of Fine Arts
To view the multimedia release go to:
http://www.multivu.com/players/English/7847651-bon-cloud-robot-monk/
RNIB -- I\'d miss -- World Book Day. To mark World Book Day, RNIB (The Royal National Institute of Blind people) has launched an online campaign to highlight the acute shortage of books accessible to blind and partially sighted people, especially children.
Have you ever considered what you would have missed out on if you weren\'t able to enter the magical world of children\'s stories?
RNIB needs your help to give children who have lost their sight the same reading opportunities this World Book Day.
Click here to get involved -- http://www.facebook.com/rnibuk
