Wednesday, January 2, 2013

Rice demand in China



Published on Dec 30, 2012
China may be the world's biggest rice consumer. But some say demand will fall, as its people become more affluent and consume more meat and dairy products. This could be true, but at least one company believes China's rice market still has plenty of room to grow. Channel NewsAsia's Valarie Tan heads to Jilin, one of China's biggest agricultural provinces, to find out what's driving demand.

Africa Develops



Uploaded on Jan 4, 2012
How a country manages public finances and runs a smooth financial systems is about a lot more than just collecting taxes - it's about governing in an efficient and legitimate way. In the west African country of Mali, the IMF's technical assistance is helping the country's economic development .

Speakers:

Olivier Benon
Technical Assistance coordinator, West Africa, FMI

Lassine Bouaré
Ministre of Finance

Ouali Diawara
President, Finance Committee, National Assembly, Mali

Fatoumata Sangho
President, Association for African Development

Australian farms relying on overseas workers



Published on Jan 1, 2013
Banana farmers in Northern Queensland are becoming increasingly reliant on foreign workers to get their product out to market.

More Indonesian growth expected in 2013



Published on Dec 31, 2012
As one of the few countries in the world posting strong growth, Indonesia has been a shining light amongst the world's economic gloom.

And the predictions are that the growth will continue into next year.

But as the global crisis drags on, so to do the risks to Indonesia.

Helen Brown reports from Jakarta.

Mongolia's poor left behind in economic boom



Published on Jan 1, 2013
Mongolia is going through an economic boom and recording growth consistently above 10 per cent.

The country is defying the international trend, with help from huge mining developments.

But not everyone is reaping the benefits.

Stephen McDonell reports from Ulan Bator.

Al Jazeera launches US channel



Published 03 January 2013 04:54
Building on the international success of Al Jazeera network and its international channel Al Jazeera English - the purchase of Current TV opens the way for the new Al Jazeera America. It's expected that the channel will be available in more than 40 million homes across the US. Al Jazeera's Alan Fisher reports from Washington, DC.

Deadline on aid to Haiti running out



Published 02 January 2013 18:59
Haiti is still recovering from the devastating earthquake in 2010, which left tens of thousands dead and millions homeless. While a lot of people are still in need for help, the Bush Clinton Fund, allocated by the US for Haiti, had just less than three years to do its work and that time is now over. Al Jazeera's Daniel Lak reports.

Myanmar refugees refused entry to Thailand



Published 02 January 2013 09:29
The UN refugee agency is urging the governments of South East Asia to take in Rohingya refugees. A group of people, who say they are from Myanmar, were found in a boat off the coast of Thailand. But they have been turned away. In the last year, about 13,000 people are thought to have left the Bay of Bengal in search of a better life. Al Jazeera's Caroline Malone reports.

Syria refugees wish to return home in 2013



Published 01 January 2013 17:38
Syrian refugees in Turkey wish 2013 will bring about an end to violence and bloodshed so they can return home. Yayladagi camp was built to accommodate the first wave of Syrians who left their villages in Idlib and Latakia. Two years on, they remain confident they may be an end to the war soon. Al Jazeera's Hashem Ahelbarra reports.

European shares lap up US fiscal deal




Published 02 January 2013 17:33
European markets have breathed a collective sigh of relief following the fiscal deal passed by the US Congress. Shares saw a broad-based rally on Wednesday, kicking off the New Year with strong gains. But traders there are warning that the good news created by the deal may not last long. Al Jazeera's Nadim Baba reports.

Greek food bank struggles to meet surging demand



Published on Jan 2, 2013
http://www.euronews.com/ For many Greeks, 2013 is likely to bring further financial hardship.

In the port city of Patras, a food bank is now helping 1,000 families who are struggling to make ends meet - more than double the number it was supporting two years ago.
....

Americans react to last-minute 'fiscal cliff' deal



Published on Jan 2, 2013
http://www.euronews.com/ After months of budget brinkmanship, Americans are digesting news that the country has been pulled back from the edge of a so-called "fiscal cliff."

In what is seen as a clear victory for president Barack Obama, painful tax hikes for almost all US households have been averted.

Obama cut short a Christmas holiday to help finalise the deal.

The agreement raises taxes for the wealthy, while spending cuts have been delayed for two months.

Ordinary Americans will not emerge completely unscathed though. A temporary payroll tax cut is coming to an end.
...

Eurozone's new year challenges



Published on Jan 2, 2013
http://www.euronews.com/ It may be a new year, but there is little new hope for the eurozone.

Having headed off a break up - through Greece and maybe others dropping out - the currency bloc's leaders now face a challenging year ahead as growth stagnates.

There was a return to recession while unemployment rose in 2012.

The outlook for 2013 is darker with the Organisation for Economic Co-operation and Development predicting weak growth for the region's two biggest economies, Germany (0.6%) and France (0.3 %), and further contraction for the next two largest Italy (-1%) and Spain (-1.4%).
...

Eurozone factory slump deepens



Published on Jan 2, 2013
http://www.euronews.com/ Eurozone factories sank deeper into recession in December as new orders tumbled.

Surveys of the region's businesses showed economic decline spread further into the core members of the bloc.

Germany's crucial manufacturing sector shrank for the 10th straight month and at a faster pace.

French data has declined in all but one of the past 17 months.

Ireland was the only member of the currency union to register growth in December.

British factory activity however unexpectedly jumped.
It grew at its fastest pace since September 2011, raising the chance that the UK economy eked out some growth at the end of 2012.

"The eurozone manufacturing sector remained entrenched in a steep downturn at the end of the year. The region's recession therefore looks likely to have deepened, possibly quite significantly, in the final quarter," said Chris Williamson, chief economist at Markit, which carried out the surveys.

"Manufacturers look to be in for another tough year in 2013, though prospects have brightened a little, as producers should benefit from signs of stronger demand in key export markets such as the United States and China," Williamson said.

Boeing Gets Aviation Capital Order Worth $6 Billion


Jan. 2 (Bloomberg) -- Cristina Alesci recaps the day's market timeline. She speaks on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)

China Poised for 2013 Rebound


Incoming President Xi Jinping may find China’s investment-driven economic recovery in the Year of the Snake jeopardized by mounting risks in the finance industry.

Forte: Apple to Release Something Never Thought Up


Dec. 31 (Bloomberg) -- Telsey Advisory Group's Tom Forte discusses what he expects from Apple in 2013. He speaks with Deirdre Bolton on Bloomberg Television's "In The Loop." (Source: Bloomberg)

The Top Ten Stocks for Jan. 2


Jan. 2 (Bloomberg) -- Bloomberg’s Julie Hyman, Adam Johnson and Matt Miller report on today’s ten most important stocks including Facebook, Casino Stocks and the S&P 500. (Source: Bloomberg)

Europe, U.S. and Japan Policy in 2013


Jan. 2 (Bloomberg) -- Societe Generale Head of FGX Research Kit Juckes talks about his outlook for global currencies and his investment strategy. He speaks on Bloomberg Television's "Lunch Money." (Source: Bloomberg)

Markets start 2013 with mighty bang (2:02)



Jan. 02 - Summary of business headlines: Stocks surge a day after politicians reach 'fiscal cliff' deal; Avis Budget Group buys Zipcar for $500 b; Judge rules that Amazon can use the word ''app'' for its Appstore; U.S. manufacturing returns to growth; Superstorm Sandy aid held up - Governor Christie blames the House Speaker. Jeanne Yurman reports.