Unfounded claims ROK-us free trade agreement reached on the substantive consistency

According to Chinese voice the yangguang news "reported that as far as hanlianshe reports, Korea and the United States 3, morning ROK-us free trade agreement reached on the substantive consistency. Thus, in June 2006, the ROK-US launches free trade agreement negotiations lasted 4 years, 6 months and finally dominance, the two countries will proceed with the National Congress approved the program. The following wiring CCTV reporter Cleveland:

Moderator: this US-ROK Government negotiated between append? what are the two countries is expected to pass Congress?

Reporter: ROK on 07 June 30, the time had signed a free trade agreement, but this Agreement relating to the field of automobile and beef is met with the opposition of the United States Congress, it has yet to be approved.

That this time under hanlianshe, ROK is made in the automotive sector is relatively large concessions, because we see the United States will further production of automotive Korea collected five years at the rate of import duty 2.5% instead of the original provided immediately abolish the customs duties. Besides Korea allows each United States automobile manufacturers as well as to the standard to the United States Korea export 2.5 million vehicles, this number is 07 years of conventions of 4 times. In addition the immediate abolition of Korea decided not on United States production car charge 8% of the import duties and taxes collected in four years is 4 percent import duty, 4 years after the tariffs will be cancelled. In the area of agriculture, Korea in 2016 to cancel on the part of the United States production of pork products, customs duties, but does not accept United States Korea expand beef imports from the United States.

United States President Barack Obama's statement was welcomed by his main think this agreement to increase the United States on Korea's exports and create jobs. He calculates the early next year to Congress on the modified version of this free trade agreement. Now we know the background of the United States is the momentum of economic recovery has been slow, high unemployment, domestic new massive fiscal stimulus difficulty is also very large, the Obama administration is now an urgent need to boost exports to spur the development of the domestic economy. On the other hand Korea free trade agreement in China Congress might not have imagined that simple, Korea officials said that intergovernmental negotiations and of the appended Korea Congress's approval is not a thing, once you have the latest negotiating the details published, then Congress which will launch an in-depth discussion will take into account the views of Korea and the United States Congress to reflect, as far as United States Chamber of Commerce in Korea Seoul branch prediction, this free trade agreement is expected to come into effect in July next year.

OECD composite leading indicators show economic recovery

According to the OECD website on October 9, according to the report, OECD August comprehensive first index shows, major economies continued to recover, France and Italy's economic growth potential.

OECD Member States in August 2009 in advance of the exponential growth of integrated 1.5 points higher than in August 2008 a comprehensive first index 0.6 points. While the United States last August's comprehensive first index increased 1.6, than a year ago low 1.6; eurozone comprehensive month August first index increased 1.7, than the last August high 4.1; Japan August comprehensive first index rose 1.3, than a year ago dropped 3.9. France last August's comprehensive first index increased 1.3, than a year ago 6.6; Italy last August's comprehensive first index increased 2.0, than a year ago 10.4.

According to OECD figures show, China in July 2009 the exponential growth of comprehensive advance 1.5, lower than a year ago; 0.7 India August comprehensive first index increased 0.9, than a year ago increased 0.1; Russia August integrated to exponential growth by 1.1, than a year ago reduced 10.2; Brazil in August of this year has integrated to exponential growth, more than a year ago 0.4 reduces 8.5.

OECD says, will be held on 6 November announced new comprehensive first index.

Viet Nam and Russia signed a nuclear power plant construction, and other agreements

According to Viet Nam "labor newspaper reported on December 17, December 15, Hanoi, Viet Nam, Viet Nam's Prime Minister Tan Dung, Prime Minister Vladimir Putin and Russia hold talks in Moscow, after the two Prime Ministers attended the parties agreement signing ceremony. Including: Viet Nam power group and Russia Rosatom energy group in Viet Nam to build the first nuclear power plant in the framework of the cooperation agreement; oil and gas group and Viet Nam Russia Gazprom, InterRAO group cooperation agreements; Viet Nam investment Development Bank and Russia Foreign Trade Bank of Viet Nam investment fund established by the cooperation agreement; Viet Nam Ministry of industry and trade and Ministry of economic development of Russia's cooperation agreements; and military cooperation memoranda, etc.

Japan stay what it means for the Indian Ocean

With the new anti-terrorism special measures Japan method to 15 may usher in a period of validity of the last day, Japan Defense Minister Kitazawa handsome 15, publication orders, to withdraw in the Indian Ocean in the United States and other countries to fuel supply ships activities of self-defense fleet. It is not on the Japan-US relations have practical effects, but Japan domestic re-throw the overseas dispatch of self-defense.

Overseas lull "fuel"

For the second world war and Japan's post-war launched peace Constitution, imposed exclusively defensive policy, to the overseas dispatch of self-defense has been a topic of concern.

Indian Ocean refueling activities have special properties. This activity is the United States in 2001 to "9 · 11" event as an opportunity to begin after the "war on terror" in support of the United States and Japan. The dispatch and 2004 dispatch to Iraq SDF Japan after the war, became the first in time of war to the overseas dispatch of self-defense and the first overseas combat zone dispatch SDF Japan after the war, marks a major turning point in the defense policy. This has triggered in Japan domestic is unconstitutional, etc., are also affected by suffered aggressions of Asian countries Japan.

Dispatch to Iraq SDF has completely finished in 2008. Since then, the self-defense forces in the Indian Ocean for oil activity is especially outstanding. KITAZAWA 15, evacuation order for up to 8 years for oil painting a full stop.

Does not affect the Japan-US relations

To representatives of the Democratic Party (Democratic) Hatoyama as Prime Minister of Japan new Government after taking office last September, a change in the past Liberal Government's position, declared "not simply extend" self-defense in the Indian Ocean for oil activities. But the United States Government has repeatedly expressed the hope that Japan will continue to fuel supply. Indian Ocean oil problems became and Okinawa futenma effect together with the transfer of the Japan-US relations, one of the key issues.

However, the United States in dealing with oil and the attitude of the futenma issue. For futenma issue, the United States is strongly call on the Japanese side as scheduled transfer futenma base; for oil, the United States is generally expressed their wish to continue. This difference in late October last year, the United States Defense Secretary Gates interview day become very obvious. For futenma issue, gates was not only emphasize the existing plan is the only viable option, but also that there is no transfer of futenma base has no US military integration. But for the oil problem, he just said, the United States looks forward to Japan on Afghanistan and Pakistan to conduct effective aid, for which the assistance is the Japan Government decide things.

14 November last year, the United States President Barack Obama in Japan a new regime took power after the first visit to Japan. Prior to this, the Japanese side on the same month 10, introduced new on c-aid policy. Under this new program, Japan will be in 5 years on Afghanistan implementation up to total 50 billion in aid to replace the previously the Japan Government has pledged 20 billion dollars aid; for Pakistan, the Government of Japan will be implemented over the next two years the total amount of up to $ 1 billion in aid.

Obama's visit, time of day on this scheme, this statement actually recognized a Japanese side to this assistance plans to replace the oil supply in the Indian Ocean.

Continue to think about "politics" in International Affairs

Of course, announcing the end of oil activity does not mean that the Democratic Party is opposed to the overseas dispatch of self-defense.

Previously, as the largest opposition party of the Democratic Party opposes oil activities more out of political struggle. It is due to the Democratic Party-led opposition parties opposed to oil activities are based on anti-terrorism special measures law in November 2007 the 4th could not be postponed and fail, the Government of Japan had withdrawn from the Indian Ocean at a self-defense. January 2008, the then ruling LDP and new komeito party by virtue of the House of two-thirds majority to second voting through new anti-terrorism special measures law, allows for oil activities be sustained for a year.

It is precisely because the Democratic Party in fuel issues consistently opposed position, coupled with joint ruling Social Democrats also hold the same position, to the Democratic Party as the core of the new Government took office, before taking a withdrawal of self-defense.

But on the other hand, the Democratic Party took power in the overseas dispatch of the SDF's attitude changed significantly. For example, for the LDP era began contributing to Somali waters self-defense against the pirates, the Democratic Party has accepted it.

For the Government stops oil activities, Japan had different assessment of the country. Some media have all sorts of critical remarks, such as oil activities cost far less than the new c-aid policy and new policy "price" is too low; new aid policy only "checkbook diplomacy", in other countries appear to be punished; stop fuel will allow Japan to exit a line in the fight against terrorism and cooperation of other States, loss of counter-terrorism intelligence sources, etc.

However, should strengthen the contribution of the "international Japan", Japan political consensus. Hatoyama 15, issued a statement said that Japan will continue to serve the international community to make a positive contribution to the fight against terrorism. KITAZAWA indicated that the Ministry of Defense will make the future "international contribution to the" research "on". In the ruling coalition of Social Democrats on the overseas dispatch of self-defense remain cautious attitude, Hatoyama regime in military contribution to strengthen the "international" deserves attention.

Debt crisis in Europe could hardly stop funding risk preferences into the new darling of commodity funds.

<P> As of April 28 in the week, surging euro zone debt crisis, Greece, Portugal and Spain's sovereign credit ratings have been lowered. .However, monitoring of capital flows, according to professional organizations EPFR (emerging market investment fund research company) Statistical data show that investor risk appetite has not been blocked crisis. .</ P> <P> EPFR said that investors are still to riskier emerging market equities and bond funds make new investments. .At the same time, commodities including gold fund is a debt crisis in Europe and the new darling of hedge funds. .</ P> <P> risk preference shares are still sought after new base </ P> <P> from EPFR data show that as of April 28 in the week, the company re-absorption of bond funds tracked by 67.3 billion dollars .funds, equity funds are absorbed by 48.6 billion dollars. .At the same time, the relative safety of money market funds continue to flow 3.8 billion. .</ P> <P> emerging markets, gold is still the big smoke. .Equity funds in the region attracted 14.8 billion U.S. dollars of net capital inflows, which fund in Asia outside Japan net inflow of $ 465,800,000. .In contrast, a net inflow of U.S. equity funds 2.49 billion, the Japanese stock funds again to attract 111 million capital inflows. .</ P> <P> At the same time, Western European equity funds remain troubled by the debt crisis in Europe, suffered the twelfth consecutive week of net redemptions, the net outflow of $ 408,400,000. .Latin American stock funds suffered net outflows of another main plate, a $ 176,400,000 net outflow of funds. .</ P> <P> EPFR said the signs, even if the temperature in the European sovereign debt concerns the occasion of risk will remain active and maintain a good level. .The company's global market analyst Cameron Brandt expressed, "In my view, largely explains the data does not reflect cash flow real-time anxiety for Greece." </ P> <P> EPFR also .that investors in China real estate prices government efforts to stabilize the efforts agreed. .Therefore, as of April 28 in the week, the Chinese stock funds attracted to 1.32 billion U.S. dollars of net inflows. .</ P> <P> return rate of U.S. debt in April turned positive </ P> <P> despite signs the U.S. economy appears to accelerate growth, but due to the debt crisis of the European concerns, in part as investors sought a safe haven will remain .invested capital is considered the most secure U.S. Treasury bonds. .</ P> <P> EPFR data showed the U.S. net inflows of all types of bond funds $ 2,398,000,000, but the performance bond is more seductive. .10-year Treasury prices rose in April occurred, return rate turned positive the first time since January of this year. .According to Merrill Lynch bond index, as of April 29, the U.S. Treasury rate of return of 0.7% in April, compared to negative 0.9% in March. .</ P> <P> At the same time, emerging market bond funds continue to attract capital inflows during the year trend, as of April 28 in the week, a net inflow of 1.22 billion, which was the third-best single-week record for .performance. .So far this year, investors have been net investment in emerging market bond funds, 128 billion dollars. .</ P> <P> favorite commodity funds into hedge funds </ P> <P> and U.S. Treasuries as a hedge fund for commodities attractive. ."There are a lot of money into commodity funds, of which about half of the inflow of gold and precious metals funds," Brandt said, these funds want to wait for this market turbulence triggered by the Greek end. .</ P> <P> EPFR available data show that as of April 29 in the week, commodity stock fund net inflows of 995 million U.S. dollars, hitting 21 weeks high. .Data show that international gold futures prices the week rose 2.8%. .</ P> <P> However, the financial fund continued investigation by the SEC and Goldman Sachs are sovereign credit crisis and concerns about the impact that ended April 28 in the week appeared 183 million outflow. .Energy sector funds are subject to the impact of increased U.S. crude oil inventories, the third time in four weeks in the net outflow of funds. .In addition, health care, biotechnology, utilities and telecommunications sector, a net outflow of funds of funds are there, but the emergence of consumer goods, 242 million fund inflows. .</ P>.

Market value has shrunk by a criminal investigation or to have been drowned BP.

<P Align=center> </ P> <P> a "Green Peace" organization volunteers had almost dried grease on the two big letters wrote - "BP". .Referred to the British oil company BP, is the Gulf of Mexico "oil spill" the first place. .</ P> <P> as British Petroleum (BP) announced that the Gulf of Mexico oil spill for the closure of the "top kill" project has failed, the stock opened on June 1 after plunging nearly 17% .to the lowest point in more than a year. .U.S. Department of Justice announced on June 1, BP has launched the dual civil and criminal investigations. .Analysts predict that the oil giant may collapse. .</ P> <P> market value has shrunk dramatically </ P> <P> BP, June 1 statement, which suffered heavy losses due to oil spill in the Gulf of Mexico, "Business has so far cost about 990 million U.S. dollars, oil spill response, containment .pollution, such as the payment of compensation ", the other is still difficult to estimate potential losses. .</ P> <P> after the opening day of the company's stock plunging nearly 17%, which means that only compared with the previous trading day, BP's market capitalization fell to 135.8 billion U.S. dollars from 112.4 billion U.S. dollars, has shrunk as high as .23.4 billion. .If you start with the Gulf of Mexico oil spill six weeks ago, the company will shrink the market value of more than 1 / 3, that is $ 67,000,000,000. .</ P> <P> British Petroleum has the largest market capitalization companies in Britain, but also one of the world's largest oil company. .The company's credit rating to AA-level, close to the non-sovereign debt credit rating of the most advanced. .But the BP oil spill incident debt default protection costs have risen sharply. .BP's five-year credit default swaps of debt (CDS) to expand the day of 71 basis points to 173 basis points. .</ P> <P> some analysts say, in addition to direct economic losses, the firm may also face a record high fine. .It is learned that, even if the leak can be controlled immediately, the British oil company also faces fines of up to 480 million to 1 billion U.S. dollars. .</ P> <P> Arbuthnot Banking Group, the UK oil industry analyst Dodge Jansen said: "For BP, this matter has not limited the impact of the dividend reduction and chief executive Tony .Hayward to step down, but the smell of death revealed. This enterprise may collapse. "</ P> <P> subject to civil and criminal investigations </ P> <P> U.S. Attorney Eric Holder June .1 announced the federal government has launched the Gulf of Mexico oil spill in criminal and civil investigation will be "comprehensive and positive." .Obama said the same day, if the oil spill in the Gulf of Mexico and the devastating consequences of casualties caused by the offense, he will represent the victims and people in the Gulf of Mexico requires the offender to justice. .</ P> <P> day, Obama met with spill 席鲍勃格雷 Commission Co-Chairman Graham and Weilianlaili. .Obama said that the Committee to fully investigate how the operation of oil and gas companies, government how to regulate them. .He asked the Committee to complete its investigation within 6 months of the report suggested. .Obama also pointed out that "if the existing laws not enough to prevent such oil spills, must revise relevant laws; if the problem is not fully in the supervision of law enforcement agencies, these agencies to be reorganized." </ P> <P> Hall .German said the investigation will involve all aspects of oil spill, including the death of 11 workers. .He also disclosed that the Justice Department will investigate whether the violation related to the "Clean Water Act", "Oil Pollution Act" and "Endangered Species Act" and other laws and treaties. .</ P> <P> BP said in a statement, the Justice Department the company will actively cooperate with any investigation, as the company has expanded in other surveys done. .</ P> <P> According to U.S. government estimates that British Petroleum in April this year, the use of "Deep Horizon" rig explosion caused by the oil spill has so far led to 20 to 44 million gallons (U.S. 1 gallon equals 3.785 liters) .crude oil into the Gulf of Mexico waters. .AP reviews, this most serious environmental disaster in U.S. history to tremendous pressure on the administration, Obama is stepping up its response. .</ P> <P> still try new methods </ P> <P> the injection of high-density liquid plugging the "top kill" already failed, BP 1 June to introduce new measures to contain the spill: .submersible robot to send the damaged oil pipeline cut off point, with a funnel-shaped device covering the leakage of crude oil, and then breathe through a siphon crude oil on the sea for collection. .</ P> <P> Robert Dudley, managing director of the company the same day in an interview with NBC television, said the new program's success rate in the "top kill", and the risk is relatively low. .Although the program can not completely block the leak of crude oil, but it can recover most of the oil spill. .</ P> <P> U.S. Coast Guard commander, commander of the oil spill disaster, said Thad Allen 1, BP was the first major day of cutting, the new facility is expected to be completed and begin recovery of oil requires approximately .3 days. .</ P> <P> British Petroleum High Tors for Humanitarian Hargeisa that the "top kill", the new technology used in the program has never been the location of the spill point --- more than 1500 meters under the sea .Department used the results can not be guaranteed. .However, he said, because from the failure of "top kill" the lessons learned in the program, the program "very promising" success. .</ P>.

Copper rose in London to promote foreign exchange reform due to China or to boost demand.

<P> Copper futures rose on Monday, but pared some gains slightly before the whistle, as China announced that it will improve the RMB exchange rate flexibility, boost market demand for industrial metals in China optimism. </ P> <P> analysts said that with the .the conduct of day trading, down from a high level of industrial metals, due to concerns about the RMB exchange rate probably will be little changed, while the yuan will be significantly stronger in the long term a significant impact on commodity markets. </ P> <P> mainstream thinking that China .RMB exchange rate will likely increase of about 2-3%. </ P> <P> Three-month lead closed up 88 dollars, 1,833 dollars a tonne, after touching U.S. dollars per ton 1,837.75 highest level since May 28. Third .months, 17,800 tonne of tin / 17,900 U.S. dollars, after hitting 18,250 U.S. dollars per ton, also the highest since May 28 points Friday to close at 17,450 dollars per tonne. </ P> <P> London Metal Exchange ( .LME) three-month copper futures hit a high of 6,729.75 dollars per tonne, followed by 6,595 dollars a tonne, USD 6,435 a tonne on Friday. </ P> <P> COMEX-7 for July delivery rose 5.80 cents, or 2 .%, to close at $ 2.9420 per pound. </ P> <P> China announced measures to improve the RMB exchange rate flexibility, in terms of most commodities rose is extremely good news, because of China's purchasing power of copper and other metals and materials imports .will increase. </ P> <P> three aluminum 1,963 dollars a tonne on Friday to close at 19.45 dollars. Earlier the dollar had hit a high of 2,019. </ P> <P> three-month nickel .USD 19,850 per tonne, USD 19,595 a tonne on Friday. Zinc was 1,775 dollars a tonne, higher than 1,725 dollars per tonne on Friday. </ P> <P> China's refined copper imports in May compared .April decreased 9.7%, to 279,690 tons of news, the widespread euphoria about the market pressure. But traders and analysts said the reduction in expected within. </ P>.