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Going Global – the biggest exhibition for businesses looking for international expansion – returns to ExCeL on the 13th and 14th of May 2015. Packed with seminars, live features and exhibitors, this is THE show to help your business impact the international market.
As every day passes we seem to live more and more in a world that requires instant gratification. The email we just received needs an immediate answer. If our computer doesn’t respond in less than a second we are annoyed and start thinking about a faster, newer model. Remember when you had to line up at the bank to get to a cashier? Well at least that has changed - now we line up at the bank machine in the hope that it will be faster and better.
Small businesses who plan to make international payments and transfers in the next 6 weeks may be in for a shock, foreign exchange experts FAIRFX have warned saying that Sterling could now become increasingly volatile as we get closer to the 2015 election.
An abundance of experience in overseas trading and an internationally recognised figure for her contribution to business, Sarah Pavlou is here to share the skills and steps essential to achieving global trading success.
Within 3 years of existence, our Frankfurt office established a reliable contact point for our clients and partners in Germany’s financial center. Taking into account that Frankfurt is not only a financial center, but also one of Europe’s most important logistics hubs, we decided to move to Germany’s largest business center THE SQUAIRE at Frankfurt Airport.
World Market Jeopardy Overshadows Presidential Inauguration
In an ironic contrast to the biggest ever presidential celebrations, America saw its bleakest ever reading for an inauguration day, with the Dow Jones plunging by 4%.
Last Wednesday saw a drop in the world stock markets, generating fears that escalating bank loses will paralyse the global economy. The news lingered over the inauguration of Barack Obama like a slick thundercloud of realisation.
Worrying news that Western banks, such as Lloyds and Royal Bank of Scotland, are in irreparable jeopardy sent stock measures falling by over 4%. Optimism seemed delusional as Barack Obama made his inauguration speech promising to rebuild a broken United States. Investors, however, appeared more rational. They speculate that, regardless of good intentions, the new President simply wonÂ’t be able to offer a stimulus package effective enough to quickly save the American economy, let alone the rest of the world.
JapanÂ’s benchmark lost 2% in last Wednesday's remarkable drop in the market. Singapore, also, has cut its growth forecast for the year for a second time this month, stating that its economy is in danger of a 5% declination. Along with Japan and Hong Kong, Singapore is also suffering from recessional rigor mortis, with demand for exports abating.
The forecasts are especially hoary. BHP Billiton, the worldÂ’s biggest mining business based in Australia, revealed its intentions to cut 6,000 jobs (6% of employees worldwide) to align itself with current demand. Likewise, China-based insurance giant China Life speculated 2008 profits to be down 50% by that of 2007.
JapanÂ’s Nikkei 225 stock buoyancy sank 164.15 points (2%), whereas Hong KongÂ’s Seng Index suffered a 381.19 point drop (2.9%). Australia lost 1%, India 2% and Singapore 1.6%. Here in the West, however, the British FTSE was down 1.8%, the German DAX 2.2% and FranceÂ’s CAC-40 2.7%.
And finally, in an ironic contrast to the biggest ever presidential celebrations, America saw its bleakest ever reading for an inauguration day, with the Dow Jones plunging by 4%.