World News
Japan's ultra-high deficit ratio of liabilities serious worries will be up to 239 % of GDP
According to the international credit rating agency Fitch recently disclosed the information, the Government of Japan's total debt ratio to 2012 at the end is equivalent to 239 % GDP the size in the developed countries, top of the list. Fitch has been at the end of the Japanese government bond ratings the next to the 'A+" and its rating outlook to negative.
China's steel Web perspective than that of Japan: the huge deficit in the euro area a number of countries in debt it is considerably smaller. However, rating agencies and the "fast" is not always located in Japan, and instead, the euro-area countries are repeatedly has become a "victim". The reason the subject of the rating agencies "Take care" of others, but it can only be said that their masters - the United States are to face.
Spain eat magic pill to the EU commitment to continue to pursue fiscal austerity
The Government of Spain issued a statement on May 11, the commitment to continue to pursue fiscal austerity measures and economic reform. Analysts believe that Spain and macro-economic trend of deterioration in the financial situation is still difficult to reverse time.
China's steel Web perspective: from the Greek to austerity for relief to the results, it is expected that Spain is also dependent on the way to emerge from the crisis. However, the European Union and the European Central Bank, seemingly also tricks, you can only save one step further.
International oil prices dropped to 8 11 months minimum
as investors worried about the economic outlook, the international price of oil dropped to 8 11 months low-point.
China's steel Web perspective: 9 for domestic oil prices since 2009 has been the first time the two falling, although there is no decline in the market until it is expected that much, but they looked like, their own car had been content to have a fill line on oil prices, for fear the window corner. However, in international oil prices decline more than to look at, the domestic oil prices falling." 3 there is hope.
Moody's has recently or the next regulation and Citigroup, Goldman Sachs, the global bank bond rating
According to Dow Jones Newswire reported that rating agencies Moody's or the announced this week the 17 global bank of the bond rating, the main reason is that these banks after the financial crisis has not yet been overcome adversity, profitability has declined.
International Flights: the EU's carbon tax or trade war
Yesterday morning, the first 68 international airlines Association Annual Meeting held in Beijing, China, in which the International Air Transport Agreement chairman and chief executive officer, Mr Yin Lin stressed that the EU border and strong carbon-Emissions Trading Scheme (ETS) will face a trade war.



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