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Politicians in the U.S should affirm that the U.S is and always be the world’s leading economic, political and military power. This may give a big hand to win elections in the country in which high-regarded people refute global warming as well as evolution; however it has nothing to do with the real world.
People who believed that China is on the fast gaining on the U.S as the world’s number one economic power, economically speaking, they have only 80 percent of the size of the U.S economy based from the data showed from the International Monetary Fund (IMF) which was projected to overtake the U.S. by the 2016. Moreover, there is a substantial degree of indecision to these numbers. It is not easier than done to have a précised comparison between the outputs of countries that has very different economies. China is already well ahead of the U.S. as it was being found in most of the measures.

Politicians in the U.S should affirm that the U.S is and always be the world’s leading economic, political and military power. This may give a big hand to win elections in the country in which high-regarded people refute global warming as well as evolution; however it has nothing to do with the real world.
People who believed that China is on the fast gaining on the U.S as the world’s number one economic power, economically speaking, they have only 80 percent of the size of the U.S economy based from the data showed from the International Monetary Fund (IMF) which was projected to overtake the U.S. by the 2016. Moreover, there is a substantial degree of indecision to these numbers. It is not easier than done to have a précised comparison between the outputs of countries that has very different economies. China is already well ahead of the U.S. as it was being found in most of the measures.

On a report from Micron Associates, It is a new stage for the next geration Xbox in manufacturing . The publication that assembly recently started at the Austin, Texas branch of Flextronics, the same company responsible for manufacturing the Xbox 360 and the original Xbox before that.
The company reportedly created a whole new testing group to work on the new Xbox, separate from everyone else. The new group was responsible for marketing, software and hardware testing and with those tasks behind them, the project has moved on to manufacturing.
Micron Associates points out that although systems are being actively created, they likely aren’t retail models. Instead, Flextronics is probably churning out development kits that will be sent to game studios so companies can get to work on making games for the new system that will be ready in time for the console’s launch.

The Brent towards $124

Posted by micronassoc on May 9, 2012 in Economic |

SINGAPORE (Reuters) –Brent crude have prolonged the losses toward $124 a barrel on Wednesday after the U.S. central bank ran hopes of further economic spur, hearsay that Saudi Arabia is keeping the higher result in the event of a strategic release also weighed. In the industry data shows a larger-than-expected mount in crude inventories in the United States, the world’s top oil consumer, also pressured prices, but losses were constrained by further disturbance in exports from the North Sea.

On Tuesday Brent was settled down 57 cents at $124.86. While having this early month Brent crude has dropped 21 cents to $124.65 a barrel by 0616 GMT (02.16 a.m. EDT), after touching a low of $124.42.

In addition, U.S crude forecast 47 cents of loss to $103.55 after having a fall by more than $1 in the preceding session.

According to a commodities strategist with ANZ Bank in Melbourne- Natalie Robertson, the comments made by Fed had influence on oil prices, plus for the U.S market compared to Brent which then concluded the Brent/WTI spread widening. Brent was carried by supply side interference in the North Sea.The premium of Brent to U.S crude beat an intraday high of $21.15, the highest data showed since October 24 last year. Furthermore, Federal Reserve policymakers appear less inclined to introduce a new round of monetary stimulus as the U.S ec...