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Xi Jinping Tariff Negotiating Strategy with US Articles
LyrArc brings in selected articles from many of the world's top publications.
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Philippines finance secretary, Cesar Purisima, says the country should reduce its dependence on foreign remittances and prepare for a prolonged period of US dollar weakness. Foreign remittances support a large proportion of household spending in the Philippines. With the appreciation of the peso, the dollar and euro remittances translate into fewer pesos. In 2009 the 10 million or so foreign workers sent back about $18 billion. In an interview with the WSJ, he said that the Philippines is trying to reduce its dependence on foreign denominated debt and will continue efforts to replace it with Philippine peso bonds. Refinancing the Philippines debt in pesos provides the economy with more stability and less foreign exchange risk.
Philippines finance secretary, Cesar Purisima, says the country should reduce its dependence on foreign remittances and prepare for a prolonged period of US dollar weakness. Foreign remittances support a large proportion of household spending in the Philippines. With the appreciation of the peso, the dollar and euro remittances translate into fewer pesos. In 2009 the 10 million or so foreign workers sent back about $18 billion. In an interview with the WSJ, he said that the Philippines is trying to reduce its dependence on foreign denominated debt and will continue efforts to replace it with Philippine peso bonds. Refinancing the Philippines debt in pesos provides the economy with more stability and less foreign exchange risk.
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Toyota says it plans to sell 8.61 million vehicles worldwide in 2011, up from an estimated 8.37 million vehicles sold in 2010. This includes sales by Daihatsu and Hino Motors. The increase in overseas sales by 8% will offset slowing sales in Japan, where sales will slump after the end of a government incentive program. The decline in Japan is for a drop by 12% to 1.93 million vehicles.
Toyota says it plans to sell 8.61 million vehicles worldwide in 2011, up from an estimated 8.37 million vehicles sold in 2010. This includes sales by Daihatsu and Hino Motors. The increase in overseas sales by 8% will offset slowing sales in Japan, where sales will slump after the end of a government incentive program. The decline in Japan is for a drop by 12% to 1.93 million vehicles.
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The campaign to establish net neutrality. It is purported to address the problem of phone and cable companies blocking access to websites and interfering with internet traffic. The FCC passed new net neutrality rules by a 3-2 vote. The net neutrality rules are supported by Mr. Obama, and FCC chairman Julius Genachowski, a former law school friend of Obama.
The campaign to establish net neutrality. It is purported to address the problem of phone and cable companies blocking access to websites and interfering with internet traffic. The FCC passed new net neutrality rules by a 3-2 vote. The net neutrality rules are supported by Mr. Obama, and FCC chairman Julius Genachowski, a former law school friend of Obama.
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The Senate votes to approve the US-Russia Start treaty for nuclear weapons reduction.
The Senate votes to approve the US-Russia Start treaty for nuclear weapons reduction.
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Declining asset quality at India's largest banks with increasing exposures in the real estate, telecom, and microfinance lending sectors.
Declining asset quality at India's largest banks with increasing exposures in the real estate, telecom, and microfinance lending sectors.
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