Tuesday, September 21, 2010

President Barack Obama raised the prospect of changes to his economic team

The panel announced in February that Obama's economic recovery advisory committee, a total of 16 members, chaired by the FED as the former Chairman Paul Volcker. The content of the work group has not been made public.The White House said no changes were planned. "He was signaling nothing more than support for the tough decisions they have made together and the hard work that has gone into helping the economy get on a path to recovery," White House spokeswoman Jen Psaki said.
There has been speculation for months that Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers could take the fall for potentially bad election results—and the economy souring the national political mood against Democrats.
Two years into his first term, President George W. Bush forced out his first Treasury secretary and National Economic Council director after midterm elections.
The president's comments came during a town-hall-style meeting in Washington put on by business-news cable channel CNBC.
The event was heavy on economic-policy talk and the concerns of struggling Americans, and exemplified the difficult position Obama has found himself in 43 days before midterm elections that could set back his party in Congress.
Just weeks ago, Obama floated new economic-policy proposals including $50 billion in additional infrastructure spending, an expanded and permanent research and development tax credit for business and a generous tax incentive for investments. Those proposals are gaining little traction in Congress.
Meanwhile, lawmakers in Obama's own party are urging him to conduct more events highlighting his concern for the economy. But when he does, the president gets questions that highlight his political struggles—including several at the town hall from those who supported the president in 2008.

Global economic recovery is still in a difficult manner

Global economic recovery is still in a difficult manner, but for most developed countries, the recovery seems increasingly like a long march.
One year after the start time of economic recovery, the first sign of the vitality out of the suddenly weary, world economy  into a new round of uncertainty once again.In view of U.S. consumers cut spending, the United States-led economic recovery hopes have been dashed.The acceleration of Japan and Germany are also expected to slow down or slow down. China and several other large developing countries remain strong economic growth, but compared to long ago, now rate has slowed
Bank of America Merrill Lynch's head of research in developed economies, Ethan Harris said, we had been waiting for such a quick recovery to the second stage, but it ended up miserably.
Government to stimulate spending and business inventory rebuilding both the initial plan to revitalize the economy, and soon were frustrated.Decision-makers to provide further stimulus package options are limited. The question now is whether consumer spending and business investment, and when they will regroup.As of now, signs of recovery are still not visible at the end. Growing consumer class in developing countries may be a best way to stimulate the economy, but U.S. and European companies are still reluctant to begin to revive consumer spending and recruitment operations.
Yahoo Inc. CEO Carol Bartz said, I think this year will not be any positive situation, the U.S. economy does not return to normal, the world economy can not be normal. Yahoo in the past few season, has not expanded its staff size.
In view of the United States, Ireland and Spain by the most profound financial crisis unemployment is the most developed economies, the current global economic outlook will be dominated by long-term growth of fatigue. Some regions and countries in the world economy is probably good, but the global economy as a whole gains a better opportunity to have a more ethereal, and the downside risks are very prominent.
I was engaged in high-tech field, I still believe that economic recovery requires entrepreneurial risk-taking and innovation. This belief I still firm. I think the financial crisis did not change my basic beliefs, but I also know that the distance between this belief and reality.We should attach great importance to the development of e-commerce situation, as zicocn.com, ZICO is the leading direct distributor of wholesale electronics with best price worldwide. Their careful study and exploration of electronic commerce law and its impact on international trade in order to take active countermeasures to foster business innovation mechanisms and international competitiveness of enterprises, so zicocn.com gain trade advantages in international competition and active.

Mini Laptop

The best surprises aren’t the ones that you don’t see coming. It is when you are surprised by what you are surprised on that makes the icing on the cake. It was a cold morning, and UMPCs (Ultra-Mobile PC) are on the rise. You are, undoubtedly, aware of the digital trend to shrink the sizes of devices and gadgets. It would only seem natural for computers and laptops to follow the crowd as well. And it is old news, very old news. Mini PCs and laptops had been around for the past few years. Like most of you, I’ve been skeptical about it. Sure, it’s smaller, easier to carry around. But where it excels in versatility, it loses on price.
You will be reminded of the human population growth chart as you compare the prices on these midgets. The higher spec model you want, the greater gap it jumps in price. It looks like flow charts on a highly infectious disease, where each step you climb returns in exponential burden. If you go cheap, you can’t really do much except use basic applications like Microsoft word, or browse the internet. Yeah, you can play minesweeper or solitaire, but that’s about it. If you go high-tech, you will most definitely be looking at 3 zeros, or something ridiculous in the 4 digits range (Sony VAIO UX390N anyone?). And even then the UMPC loses when compared to a same priced, normal PC rig. It just doesn’t seem worth it…

To know how China B2B success

Setting up your own online wholesale business is a great way to survive these credit-crunching times. With no premises to maintain, no staff to employ, and often no need for the products you sell to ever go directly through you, the life of an online wholesale dropshipper might seem like “easy money”. But there are always pit-falls, which is why ZICO presents the top 5 steps to online wholesale Success:

1. Check out the reliability of your Wholesale Supplier
Maybe the biggest problem with the online wholesale sector is the sheer number of scammers. These are wholesalers who will take your money with a wink and a smile and then disappear off the face of the earth. Needless to say, neither you nor your customers ever see the products ordered. Research, research, and research again to make sure the supplier you will use is one you can trust.

2. Find your online wholesale niche
This step is no different from offline selling: find your market. When you find an online wholesaler you can trust, search their stock for an item you can sell effectively. You can search other online wholesalers, or online sellers like e-bay, to check the desirability, profitability, and “shipability” of various products and choose the online market you will enter.

3. Get a few samples before you go wholesale
As a follow on from step 5, one way to really know if you can trust a wholesaler is to order a few samples of the product you want to sell before committing to a big order. Any reputable online wholesale outfit will be glad to send you a sample of their products; if they start demanding minimum order quantity (MOQ) of a few hundred then beware. ZICO offers thousands of online wholesale items with no MOQ so you can “try before you buy”.

4. Write an accurate product description
Make sure the product description you provide is similar enough to the online wholesaler’s description. Yes, it’s just common sense, but many online sellers decide to spice up the online wholesaler’s product description and write something completely different. The result is a product that isn’t the same as the description you wrote, and demands for refunds that you’ll have to fork out for.

5. Set up your own online wholesale site
Many sellers get burned by the fees on e-bay and other hosting sites, yet setting up your own website isn’t that difficult. There are hundreds of free resources out there for people wanting to set up their own website, and almost as many online wholesale websites that you can use to draw inspiration for your own site.
And that’s it! The rest is down to hard work and commitment in making your online wholesale business a wholesale success! Browse ZICO for a range of high-quality items at wholesale prices and see if you can’t start building your stock today.

China Unicom: iPhone 4 will be selling in china on September 25

Nothing can stop, the frenzy of i-Phone4. According to reporter learned that the latest data, as of 7 pm yesterday, iPhone4 booking number has been over 100,000. A single brand and single model of mobile phone sales, this figure is staggering.

The world’s biggest technology company by market value is expanding in China, which overtook Japan last quarter to become the second-biggest economy globally. Demand from Chinese consumers for the iPhone, which faces competition from smartphones made by local vendors including Lenovo Group Ltd. and Huawei Technologies Co., has lagged behind expectations, according to Analysys International analyst Fang Li.

“The iPhone is expensive compared with other devices in the market,” Fang said today. “There are many smartphones that offer comparable features and performance, but are priced much less.”

China Unicom customers need to pay an initial 6,999 yuan for the 32-gigabyte iPhone 4 model, before getting the price fully or partly refunded during the course of a 2-year contract, the carrier said on its website. Unicom, Apple’s only carrier partner in China, started taking orders for the devices last week.

The pricing is expensive for chineses people. The iPhone 4 is less expensive in Hong Kong. You buy iPhone without contracts at 4,999 yuan ($743.6) in Apple retail stores but is cheaper in Hong Kong 4,999 yuan ($743.6) for the same model.

In the U.S., an iPhone 4 costs $199 to $299 with a two-year AT&T contract.

The iPhone 4 will be Apple's first smartphone to handle Wi-Fi connections in China from the time of its launch. China Unicom only began selling iPhone 3GS phones with Wi-Fi enabled in August , 10 months after it launched the older model.

Apple started selling the iPad in China last Friday, with prices running from 3988 yuan ($587) to 5588 yuan ($823).

Apple sells the iPad in its retail stores in China as well as at some authorized resellers. The company does not sell its products in China through an online store.