Forget
Greece, China is the
biggest risk to Global Economy
May
18th, 2012
China
is now the single largest contributor to
global economic growth, the International
Monetary Fund said earlier this year.
The
nation's contribution to global economic
growth over 2010-13 is expected to be 31
percent.
Any
type of slowdown in China, the world's
second-largest economy, would have a huge
impact on prices of industrial commodities,
Marc Faber the editor and publisher of the
Gloom, Boom and Doom report told CNBC on
Friday.
Some experts even point to
other data, however, such as electricity
output and rail freight for signs that
China's economic slowdown is much more severe than the GDP numbers that it
posts.
And
I've warned about the outlook Ms.Suu Kyi
faces with Myanmar's Military Junta
dominance of it's government.
It's important because not only do
they have the 10th largest known
reserves for natural gas in the world, but
even more critical to the World's
Economy, though no one in the media knows
it, is their location,
north
of the Andaman and Nicobar Islands, and if
an earthquake takes place in this area,
this would cause greater effects in the
Straits of Malacca than what happened in
December 2004, the Deadliest Tsunami
in History.
Myanmar
President Thein Sein not feeling well,
officials say; 67-year-old has heart condition
- May 17, 2012
Thein Sein has a heart condition and reportedly traveled to Singapore earlier this year for a new pacemaker.
Since taking office in March 2011, Thein Sein has won international praise for overseeing Myanmar's transition from military rule to fledgling democracy.
Does the tranquility last?
Mid-Point - March 21st, 2013
God Bless,
Gail