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	<title>Personal Loans &#187; world</title>
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	<description>Bad Credit Loan Solutions</description>
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		<title>Japan to levy tax to counter global warming in &#8217;11</title>
		<link>http://maiseco.com/japan-to-levy-tax-to-counter-global-warming-in-11/</link>
		<comments>http://maiseco.com/japan-to-levy-tax-to-counter-global-warming-in-11/#comments</comments>
		<pubDate>Mon, 06 Dec 2010 10:31:24 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[counter]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[energy conservation]]></category>
		<category><![CDATA[environmental tax]]></category>
		<category><![CDATA[Global]]></category>
		<category><![CDATA[global warming]]></category>
		<category><![CDATA[government tax]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[kyodo news agency]]></category>
		<category><![CDATA[levy]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[tax]]></category>
		<category><![CDATA[warming]]></category>
		<category><![CDATA[world]]></category>
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		<guid isPermaLink="false">http://maiseco.com/japan-to-levy-tax-to-counter-global-warming-in-11/</guid>
		<description><![CDATA[Japan, the world&#8217;s third largest economy, will introduce an environmental tax from next year to boost revenue and promote energy conservation steps to counter global warming. The Government Tax Commission has decided to introduce an environmental tax to counter global warming in fiscal 2011, Kyodo news agency reported, quoting informed sources as saying. View full [...]]]></description>
			<content:encoded><![CDATA[
<p>                            Japan, the world&#8217;s third largest economy, will introduce an environmental tax from next year to boost revenue and promote energy conservation steps to counter global warming. The Government Tax Commission has decided to introduce an environmental tax to counter global warming in fiscal 2011, Kyodo news agency reported, quoting informed sources as saying.</p>
<p>View full post on <a rel="nofollow" target="_blank" href="http://business.rediff.com/report/2010/dec/06/japan-set-to-levy-tax-to-counter-global-warming-in-2011.htm">All Stories</a></p>
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		<item>
		<title>U.N. foresees tepid world economy</title>
		<link>http://maiseco.com/u-n-foresees-tepid-world-economy/</link>
		<comments>http://maiseco.com/u-n-foresees-tepid-world-economy/#comments</comments>
		<pubDate>Thu, 02 Dec 2010 01:30:55 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[Dec]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[foresees]]></category>
		<category><![CDATA[global economy]]></category>
		<category><![CDATA[Nations]]></category>
		<category><![CDATA[tepid]]></category>
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		<category><![CDATA[united nations]]></category>
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		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://maiseco.com/u-n-foresees-tepid-world-economy/</guid>
		<description><![CDATA[UNITED NATIONS, Dec. 1 (UPI) &#8212; The global economy won&#8217;t be taking off any time soon, a gloomy United Nations report issued Wednesday projected. View full post on All Stories]]></description>
			<content:encoded><![CDATA[
<p>                            UNITED NATIONS, Dec. 1 (UPI) &#8212; The global economy won&#8217;t be taking off any time soon, a gloomy United Nations report issued Wednesday projected.</p>
<p>View full post on <a rel="nofollow" target="_blank" href="http://pheed.upi.com/click.phdo?i=b35beea26fad9c824f8b776cd8cd6aa0">All Stories</a></p>
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		<item>
		<title>Green economy is more than just a buzzword</title>
		<link>http://maiseco.com/green-economy-is-more-than-just-a-buzzword/</link>
		<comments>http://maiseco.com/green-economy-is-more-than-just-a-buzzword/#comments</comments>
		<pubDate>Sat, 27 Nov 2010 01:33:08 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[Bern]]></category>
		<category><![CDATA[buzzword]]></category>
		<category><![CDATA[challenges]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[forum]]></category>
		<category><![CDATA[Green]]></category>
		<category><![CDATA[just]]></category>
		<category><![CDATA[More]]></category>
		<category><![CDATA[scrutiny]]></category>
		<category><![CDATA[Sustainable]]></category>
		<category><![CDATA[sustainable development]]></category>
		<category><![CDATA[than]]></category>
		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://maiseco.com/green-economy-is-more-than-just-a-buzzword/</guid>
		<description><![CDATA[Sustainable development and the green economy have come under scrutiny at a forum in Bern that highlighted the huge challenges the world faces in the years to come. View full post on All Stories]]></description>
			<content:encoded><![CDATA[
<p>                            Sustainable development and the green economy have come under scrutiny at a forum in Bern that highlighted the huge challenges the world faces in the years to come.</p>
<p>View full post on <a rel="nofollow" target="_blank" href="http://www.swissinfo.ch/eng/science_technology/Green_economy_is_more_than_just_a_buzzword.html?cid=28886408&#038;rss=true">All Stories</a></p>
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		<title>World Bank approves US$800 million loan</title>
		<link>http://maiseco.com/world-bank-approves-us800-million-loan/</link>
		<comments>http://maiseco.com/world-bank-approves-us800-million-loan/#comments</comments>
		<pubDate>Sat, 20 Nov 2010 10:10:58 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[Approves]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[government]]></category>
		<category><![CDATA[government view]]></category>
		<category><![CDATA[indonesian government]]></category>
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		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Million]]></category>
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		<category><![CDATA[reform]]></category>
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		<guid isPermaLink="false">http://maiseco.com/world-bank-approves-us800-million-loan/</guid>
		<description><![CDATA[The World Bank has approved two loans, totaling US$800 million, to support priority reform programs of the Indonesian government. View full post on All Stories]]></description>
			<content:encoded><![CDATA[
<p>                            The World Bank has approved two loans, totaling US$800 million, to support priority reform programs of the Indonesian government.</p>
<p>View full post on <a rel="nofollow" target="_blank" href="http://www.thejakartapost.com/news/2010/11/20/world-bank-approves-us800-million-loan.html">All Stories</a></p>
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		<title>Jordan Hosts Nuclear Inspectors With a Post-Apocalypse Landscape</title>
		<link>http://maiseco.com/jordan-hosts-nuclear-inspectors-with-a-post-apocalypse-landscape/</link>
		<comments>http://maiseco.com/jordan-hosts-nuclear-inspectors-with-a-post-apocalypse-landscape/#comments</comments>
		<pubDate>Sun, 14 Nov 2010 15:55:07 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[Al-Haditha]]></category>
		<category><![CDATA[Amman]]></category>
		<category><![CDATA[Aqaba]]></category>
		<category><![CDATA[argentina]]></category>
		<category><![CDATA[Britain]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[comprehensive nuclear test ban treaty]]></category>
		<category><![CDATA[Damascus]]></category>
		<category><![CDATA[Dead Sea]]></category>
		<category><![CDATA[desert landscape]]></category>
		<category><![CDATA[dimensional maps]]></category>
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		<category><![CDATA[Jordan]]></category>
		<category><![CDATA[kingdom]]></category>
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		<category><![CDATA[Media]]></category>
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		<category><![CDATA[Nuclear]]></category>
		<category><![CDATA[nuclear ban treaty]]></category>
		<category><![CDATA[nuclear test ban]]></category>
		<category><![CDATA[nuclear test ban treaty]]></category>
		<category><![CDATA[Pakistan]]></category>
		<category><![CDATA[PostApocalypse]]></category>
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		<category><![CDATA[South Korea]]></category>
		<category><![CDATA[Syria]]></category>
		<category><![CDATA[Tehran]]></category>
		<category><![CDATA[test ban treaty]]></category>
		<category><![CDATA[Treaty]]></category>
		<category><![CDATA[world]]></category>

		<guid isPermaLink="false">http://maiseco.com/jordan-hosts-nuclear-inspectors-with-a-post-apocalypse-landscape/</guid>
		<description><![CDATA[The Media Line Staff Dead Sea, Jordan (TML) &#8211; Nuclear experts from around the world were climbing into craters and clamouring up landslides as they gathered in a desolate corner of Jordan beside the Dead Sea to test their ability to uncover evidence of an unauthorized test explosion. Some 35 experts from 20 countries poured [...]]]></description>
			<content:encoded><![CDATA[<div>The Media Line Staff</div>
<p>Dead Sea, Jordan (TML) &#8211; Nuclear experts from around the world were climbing into craters and clamouring up landslides as they gathered in a desolate corner of Jordan beside the Dead Sea to test their ability to uncover evidence of an unauthorized test explosion.</p>
<p> Some 35 experts from 20 countries poured over the 1,000 square-kilometer (390-square-mile) area during the first two weeks of November, dressed in protective suits and hauling monitors and three-dimensional maps across the desert landscape in the simulation. Later they assembled in campsites to collect and analyze their data.</p>
<p> Jordan itself has no nuclear weapons, nor is it known to aspire to develop them. But, the kingdom does want to become a respected member of the global nuclear community as it embarks on plans to produce energy from atomic power. Fortunately for Jordan, the terrain near the Dead Sea looks like it just experienced a nuclear explosion.</p>
<p> &#8220;The sinkholes, landslides, depressions and craters near the Dead Sea provided a perfect venue to conduct the tests,&#8221; Matjaz Prah, of the Croatian State Office for Nuclear Safety and director of the 10-day exercise, told The Media Line.</p>
<p> Near Ghour Al-Haditha, a poor farming town, nearly 800 sinkholes big enough to swallow factories and homes punctuate the landscape, the result of Dead Sea&#8217;s declining sea level. The sporadic nature of the giant holes is very similar to aftermath of nuclear explosions, explained Prah. Indeed, the massive cavities make the landscape nestling the southern shores of the Dead Sea largely inaccessible to all but the small community of poor farmers who live there.</p>
<p> The exercise was sponsored by the Vienna-based Preparatory Commission for the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO), whose task is to develop mechanisms for monitoring the Comprehensive Nuclear-Test-Ban Treaty (CTBT). The Vienna-based organization includes 153 countries that ratified nuclear ban treaty, in addition to a further 35 states that have agreed to endorse the agreement.</p>
<p> Tibor Toth, the CTBTO&#8217;s executive secretary, said the goal of the experiments was to establish worldwide detection system that relies on reports from 337 facilities.</p>
<p> Nearly half of detection facilities are located in the Middle East, said Toth.</p>
<p> While the CTBT has yet to go into force, the five countries allowed to have nuclear weapons have all adopted unilateral moratoriums on nuclear testing. India and Pakistan followed suit after they conducted tests in 1998.</p>
<p> But the risks of unauthorized tests remain. North Korea tested devices in 2006 and 2009 while other countries, including three in the Middle East &#8212; Israel, Egypt and Iran &#8212; have signed but not ratified the treaty. Israel has never acknowledged having nuclear weapons, but it is believed by foreign experts to have an arsenal of 100 or more. Iran has been accused by the West of secretly developing nuclear technology for military purposes, a claim Tehran denies.</p>
<p> Meanwhile, to Jordan&#8217;s north, Syria is suspected of having undertaken a nuclear-development program that was cut short by a September 2007 air raid Damascus accuses Israel of staging. Yukiya Amano, director-general of the International Atomic Energy Agency, said November 9th that the nuclear watchdog has been pressing Syria to admit inspectors to at least two suspect sites.</p>
<p> In theory, Jordan could find itself in the middle of a nuclear confrontation between Israel and Iran. But, the exercise on the Dead Sea last week was purely scientific and technical, said Darweesh Jasem, assistant general manager of Jordan&#8217;s natural resources department. The exercise also boosted the ability of Jordanians to handle nuclear inspections, which officials see as a facet of the kingdom&#8217;s ambition to build its own nuclear reactors.</p>
<p> &#8220;We had been proposing holding such an exercise in Jordan since 2004. We are very excited about what we can learn from sharing this type of experience with established experts from the world,&#8221; he told The Media Line, noting that at least 13 Jordanian experts were among inspectors.</p>
<p> .</p>
<p> The kingdom plans to build a nuclear facility near the port city of Aqaba to provide energy and potable water for the energy-poor, drought-stricken nation. The two 1,000-megawatt reactors it envisions developing over the next 15 years will cost billions of dollars, and even more, if it embarks on the second stage of expanding capacity to four reactors with the potential to produce over half of the kingdom&#8217;s electricity needs.</p>
<p> With limited financial resources, Jordan will have to raise capital abroad and convince the world nuclear community that it has the technical ability to undertake such an expensive and sophisticated project, officials in Amman say. Jordan has inked deals on nuclear cooperation with France, South Korea, China, Canada, Russia, Britain and Argentina and is preparing for similar deals with other countries.</p>
<div>
    Article &#169; AHN &#8211; All Rights Reserved
</div>
<p>View full post on <a rel="nofollow" target="_blank" href="http://www.feedsyndicate.com/articles/7020527824">Politics Stories</a></p>
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		<title>EU, Iran Push To Restart Nuclear Talks</title>
		<link>http://maiseco.com/eu-iran-push-to-restart-nuclear-talks/</link>
		<comments>http://maiseco.com/eu-iran-push-to-restart-nuclear-talks/#comments</comments>
		<pubDate>Thu, 11 Nov 2010 03:55:32 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[Ashton]]></category>
		<category><![CDATA[Britain]]></category>
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		<category><![CDATA[chief nuclear negotiator]]></category>
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		<category><![CDATA[mahmoud ahmadinejad]]></category>
		<category><![CDATA[November]]></category>
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		<category><![CDATA[Philip Crowley]]></category>
		<category><![CDATA[president mahmoud ahmadinejad]]></category>
		<category><![CDATA[push]]></category>
		<category><![CDATA[Restart]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Saeed Jalili]]></category>
		<category><![CDATA[state department spokesman]]></category>
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		<category><![CDATA[Tehran]]></category>
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		<category><![CDATA[U.N. Experts]]></category>
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		<guid isPermaLink="false">http://maiseco.com/eu-iran-push-to-restart-nuclear-talks/</guid>
		<description><![CDATA[AHN News Staff Tehran, Iran (AHN) &#8211; Responding to European Union chief diplomat Catherine Ashton&#8217;s call to revive nuclear talks from November 15-18, Iran on Wednesday proposed fresh dates to resume talks with major world powers. Iran&#8217;s chief nuclear negotiator Saeed Jalili sent a letter to Ashton saying Tehran could restart negotiations on November 23 [...]]]></description>
			<content:encoded><![CDATA[<div>AHN News Staff</div>
<p>Tehran, Iran (AHN) &#8211; Responding to European Union chief diplomat Catherine Ashton&#8217;s call to revive nuclear talks from November 15-18, Iran on Wednesday proposed fresh dates to resume talks with major world powers.</p>
<p> Iran&#8217;s chief nuclear negotiator Saeed Jalili sent a letter to Ashton saying Tehran could restart negotiations on November 23 or December 5 in Istanbul. The P5+1 includes, China, Russia, U.S., France, Britain and Germany, as well as Iran last met for talks in Geneva in October last year.</p>
<p> Ashton&#8217;s office confirmed that they received Jalili&#8217;s letter but remained silent on confirming dates and other details of it. It only said that the world powers would soon respond to Iranian proposal.</p>
<p> &#8220;We will now discuss the details and proposals with our&#8230; partners and respond to Doctor Jalili in the coming days,&#8221; a spokeswoman said.</p>
<p> U.S. State Department spokesman Philip Crowley hoped that the nuclear talks would start as early as the end of this month. &#8220;I would expect there would be consultations within the P5+1 in the next day or two,&#8221; Crowley said.</p>
<p> The Department spokesman further speculated multiple meetings and venues on the cards.</p>
<p> Crowley added that if the talks, which are stalled since past one year, revive, he hopes a series of meetings and different locations might be held in future.</p>
<p> The U.S.-led world powers fear that Iran is creating a nuclear bomb under civilian cover and wants the Islamic nation to suspend its uranium enrichment activity &#8211; a charge Tehran vehemently denies.</p>
<p> Despite the denial and insistence that its nuclear enrichment is solely for peaceful purposes, Iranian President Mahmoud Ahmadinejad ordered the country&#8217;s atomic body in February to start enriching uranium to 20 percent after they failed to sign a nuclear fuel swap deal with the U.N.</p>
<p> Experts say that 20 percent of enriched uranium is sufficient to make a crude weapon.</p>
<div>
    Article &#169; AHN &#8211; All Rights Reserved
</div>
<p>View full post on <a rel="nofollow" target="_blank" href="http://www.feedsyndicate.com/articles/7020496882">Politics Stories</a></p>
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		<title>Bad Credit School Loans- Easy Money for Betterment of Students</title>
		<link>http://maiseco.com/bad-credit-school-loans-easy-money-for-betterment-of-students/</link>
		<comments>http://maiseco.com/bad-credit-school-loans-easy-money-for-betterment-of-students/#comments</comments>
		<pubDate>Tue, 09 Nov 2010 12:02:37 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[best education]]></category>
		<category><![CDATA[better education]]></category>
		<category><![CDATA[Betterment]]></category>
		<category><![CDATA[college loans]]></category>
		<category><![CDATA[Credit]]></category>
		<category><![CDATA[Easy]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[finance students]]></category>
		<category><![CDATA[John Simen]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[online]]></category>
		<category><![CDATA[Private Student Loans]]></category>
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		<category><![CDATA[school loans]]></category>
		<category><![CDATA[student loans for bad credit]]></category>
		<category><![CDATA[Students]]></category>
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		<guid isPermaLink="false">http://maiseco.com/bad-credit-school-loans-easy-money-for-betterment-of-students/</guid>
		<description><![CDATA[Students of today will be the citizen of world tomorrow. Future of world lies in the hand of students. So they must be given the best education. But this education at current time is getting costlier. The burden is increasing so much that some of parents drops the idea of getting their children educated in [...]]]></description>
			<content:encoded><![CDATA[<p>Students of today will be the citizen of world tomorrow. Future of world lies in the hand of students. So they must be given the best education. But this education at current time is getting costlier. The burden is increasing so much that some of parents drops the idea of getting their children educated in good institutions. Students are the future of this world. Giving them the best education is a step in shaping this world. For fulfillment of dreams of students and their better education bad credit school loans are introduced.</p>
<p>Although, there are many finances available in market for students but again it&#8217;s a big problem to get these finance because of their complicated and time consuming process. If you are in a situation where you want quick and easy money then bad credit school loans are the solution for you. Now you can get your education easily and fulfill your needs with the help these finance. It is especially designed for the students. Keeping in mind their heavy expenditures lenders do not ask for high rate of interests. The repayment of loan can be done after getting their education done. They can repay the amount in installments or the whole amount at a time. It is entirely their choice how they want to repay. The maximum period of time for repayment of loan is 10 years. These types of schemes are most beneficial to students.</p>
<p>You can grab these finances online. You have to fill a form online and you will get the amount without any difficulties. Online process will save your time and you can get money instantly. US Lenders don&#8217;t ask for any security and pledge for these finance. Students do not require going through many formalities like these they can loan easily as these finance are for betterment of their career so lenders are friendly with them.</p>
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<div class="author-signature"> <strong>About Author</strong> <br />John Simen is habitual of writing articles on the loans. He gives the right suggestions to the loan seekers. To learn out more about student loans for bad credit, <a rel="nofollow" target="_blank" href="http://www.studentloansforbadcredit.net/college-loans.html"> college loans </a>, private student loans visit <a rel="nofollow" target="_blank" href="http://www.studentloansforbadcredit.net/"> </a><a rel="nofollow" target="_blank" href="http://www.studentloansforbadcredit.net/">http://www.studentloansforbadcredit.net/</a> </div>
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		<title>Quantitative Easing Not So Easy For U.S. Partners</title>
		<link>http://maiseco.com/quantitative-easing-not-so-easy-for-u-s-partners/</link>
		<comments>http://maiseco.com/quantitative-easing-not-so-easy-for-u-s-partners/#comments</comments>
		<pubDate>Sun, 07 Nov 2010 16:34:34 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
		<category><![CDATA[currency war]]></category>
		<category><![CDATA[easing]]></category>
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		<category><![CDATA[economic summit]]></category>
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		<category><![CDATA[Jacob Goldstein]]></category>
		<category><![CDATA[Lynn Neary]]></category>
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		<category><![CDATA[President Obama]]></category>
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		<description><![CDATA[President Obama arrives in Seoul on Wednesday for the Group of 20 world economic summit. One topic sure to come up is what&#8217;s known as quantitative easing, specifically, the Federal Reserve&#8217;s announcement last week that it will buy $600 billion in U.S. Treasury bonds. In the U.S., it&#8217;s considered a strategy to stimulate the economy. [...]]]></description>
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<p>                            President Obama arrives in Seoul on Wednesday for the Group of 20 world economic summit. One topic sure to come up is what&#8217;s known as quantitative easing, specifically, the Federal Reserve&#8217;s announcement last week that it will buy $600 billion in U.S. Treasury bonds. In the U.S., it&#8217;s considered a strategy to stimulate the economy. But some trading partners see it as an attack in an escalating global currency war. Guest host Lynn Neary speaks with Jacob Goldstein of NPR&#8217;s Planet Money group about quantitative easing and its effects on global markets.</p>
<p>View full post on <a rel="nofollow" target="_blank" href="http://www.npr.org/templates/story/story.php?storyId=131138915&#038;ft=1&#038;f=1001">All Stories</a></p>
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		<title>Major players? China, India get more say in IMF</title>
		<link>http://maiseco.com/major-players-china-india-get-more-say-in-imf/</link>
		<comments>http://maiseco.com/major-players-china-india-get-more-say-in-imf/#comments</comments>
		<pubDate>Sun, 07 Nov 2010 01:31:03 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
				<category><![CDATA[Lending News]]></category>
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		<description><![CDATA[China and India received long-sought recognition as global economic heavyweights as the International Monetary Fund gave them and other emerging powers a significantly larger role in stabilizing the world economy. View full post on All Stories]]></description>
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<p>                            China and India received long-sought recognition as global economic heavyweights as the International Monetary Fund gave them and other emerging powers a significantly larger role in stabilizing the world economy.</p>
<p>View full post on <a rel="nofollow" target="_blank" href="http://timesofindia.indiatimes.com/world/us/Major-players-China-India-get-more-say-in-IMF/articleshow/6882171.cms">All Stories</a></p>
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		<title>Germany, China Lead International Criticism Of Decision By U.S. Federal Reserve To Buy $600 Billion In Bonds</title>
		<link>http://maiseco.com/germany-china-lead-international-criticism-of-decision-by-u-s-federal-reserve-to-buy-600-billion-in-bonds/</link>
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		<pubDate>Sat, 06 Nov 2010 03:56:13 +0000</pubDate>
		<dc:creator>davidguide</dc:creator>
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		<description><![CDATA[Linda Young &#8211; AHN News Writer Washington, D.C., United States (AHN) &#8211; The decision by the United States Federal Reserve to pump $600 billion into the nation&#8217;s economy by buying U.S. Treasury Bonds has sparked international criticism led by Germany and China. China and Germany represent the world&#8217;s second- and fourth-largest economies respectively. In addition, [...]]]></description>
			<content:encoded><![CDATA[<div>Linda Young &#8211; AHN News Writer</div>
<p>Washington, D.C., United States (AHN) &#8211; The decision by the United States Federal Reserve to pump $600 billion into the nation&#8217;s economy by buying U.S. Treasury Bonds has sparked international criticism led by Germany and China.</p>
<p> China and Germany represent the world&#8217;s second- and fourth-largest economies respectively. In addition, they were joined by Brazil and South Africa in criticizing the &#8220;quantitative easing.&#8221; Quantitative easing is the economic term for buying assets to attempt to boost the economy and lower unemployment.</p>
<p> However, Germany, China, Brazil and South Africa allege that the scheme will not help the U.S. economy and will instead create more problems in the rest of the world. Quantitative easing is expected to lower the value of the dollar, which will make U.S. exports cheaper in world markets.</p>
<p> That means that U.S. exports would be more competitive against German and Chinese exports.</p>
<p> Indeed, the dollar did plunge in value against several of the world&#8217;s currencies on Thursday.</p>
<p> Germany&#8217;s Finance Minister Wolfgang Schaeuble on Friday said the U.S. Federal Reserve&#8217;s move would undermine efforts to create a level playing field in the currency markets.</p>
<p> China Central Bank chief Zhou Xiaochuan said the U.S. should focus on reforming the international currency system. He argued that if the U.S. central banking policy is good for the U.S., but not good for the rest of the world that it might have a negative impact on the rest of the world.</p>
<p> The U.S. has criticized China for artificially keeping its currency devalued for many years to make its exports cheaper. But China made that move when its country had full employment and a budget surplus. The U.S. central bank is not buying U.S. Treasury bonds to deflate the value of the dollar abroad but rather to try to pour money into the American economy &#8211; which currently has a budget deficit &#8211; and to stimulate the weak economy to encourage American businesses to hire unemployed American workers at a time of continued high unemployment.</p>
<p> Germany also criticized the move because they said it would add to America&#8217;s deficit.</p>
<div>
    Article &#169; AHN &#8211; All Rights Reserved
</div>
<p>View full post on <a rel="nofollow" target="_blank" href="http://www.feedsyndicate.com/articles/7020448130">Politics Stories</a></p>
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