clearance account English

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clearance account English » English

balance account

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News and current affairs

Indeed, America's current-account position strengthened despite the dollar's appreciation in the face of safe-haven demand.

Now, with household debt sustained on a knife-edge after feverish government intervention, the fiscal position has deteriorated dramatically and the current-account balance has worsened again.

In the short run, the US current-account deficit will remain, regardless of which country runs bilateral surpluses.

Thus, China's continued reinvestment of its current-account surplus in US government securities is of utmost important for US growth and financial stability.

Given that America benefits mightily from China's purchases of US government securities, it is difficult to understand why the US government and Congress have been complaining so much about the bilateral current-account deficit.

The good news is that, following President Hu Jintao's recent visit to Washington, both America and China have been taking positive steps to resolve their differences over the bilateral current-account balance.

Shell, the largest foreign operator in the Niger Delta, has been criticized repeatedly for its egregious practices and its unwillingness to be held to account.

The cumulative total since the beginning of the first crisis year (2008) means that Spain has financed its entire current-account deficit via the printing press.

Since Greece's current-account deficit as a share of GDP was three times higher than Ireland's, Greek prices would have to fall by about half to achieve the same kind of success.

Only a price reduction would create current-account surpluses and enable the crisis countries to pay off their foreign debts.

Fossil fuels account for more than four-fifths of the world's energy diet.

For Chinese policy makers, today's market pressures are not high enough to force them to take action, as China still enjoys a decent surplus in its balance of payments, both on current account and capital account.

I recently learned something interesting: American international finance economists and American domestically oriented macroeconomists have very different - indeed, opposing - views of the likely consequences of America's huge current-account deficit.

One or both of these agencies would then have an account with several billion dollars.

My colleagues and I, serving on an advisory committee for the Spanish initiative, have recommended that donors pool their funds into a single international account, which we call the Financial Coordination Mechanism (FCM).

Poor countries would receive prompt and predictable financing for agricultural inputs from a single account, rather than from dozens of distinct and fragmented donors.

After all, advanced countries account for about two-thirds of global GDP, so slow growth in these countries will inevitably impede global growth and truncate the growth potential of much of the developing world.

We need to take into account the increase in emissions that adaptation will cause.

Global macroeconomic stability requires that we avoid such large current-account imbalances in the future.

In other words, the ENP does not account for the developmental, cultural, and aspirational differences among the EU's partner countries.

The colonial legacy also helps account for the relatively docile nature of Muslims in sub-Saharan Africa.

Whatever the case, both institutions certainly have much to answer for - and the loan agreements provide an arbitration clause to bring them to account.

This reflex has left Zimbabwe practically a journalism-free zone, with only the foreign press seeking to hold President Robert Mugabe to account.

South Korea and Japan need to have their views taken into serious account if this now inevitable withdrawal is to succeed.

Signs of the American economy's perilous condition are everywhere - from yawning fiscal and current-account deficits to plummeting home prices and a feeble dollar.