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Pardesi Commercial News Network (Attn:Pardes)

A meeting place where national storefronts can tout their wares and discuss trade. [In character]
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Western Confederation
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Founded: Oct 17, 2012
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Pardesi Commercial News Network (Attn:Pardes)

Postby Western Confederation » Tue Nov 18, 2014 10:16 am

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The Pardesi Commercial News Network, covers all business, financial and economic associated news articles by their respective outlets. It is an incorporated branch of the broader Pardes News Network (PNN). Any member of Pardes is free to write PCNN articles as long as they abide by the following criteria.

  • Said nation is obliged to be a member of the close-world region of Pardes.
    - As it is a closed-world region, referencing nations outside of Pardes becomes obsolete.
  • The correct usage of spelling, grammar, and conventions of the English language.
  • Stay within reason of the Pardesi regional standards, being one closely tied to realism.
  • Macroeconomic stats and other figures are proven correct and remains undisputed OOCly.
  • Take into account all categorized statistics within IIwiki and use such stats for further reference, try not to deviate.




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Last edited by Western Confederation on Thu Nov 20, 2014 3:53 am, edited 6 times in total.

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Western Confederation
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Posts: 170
Founded: Oct 17, 2012
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Postby Western Confederation » Tue Nov 18, 2014 12:52 pm

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Western dollar approaches a new high
The Western dollar makes a big move as the market states move into a state of disinflation.
Robert Suckerman, rsuckerman@lsj.com(Liberty Square Journal)
November 14, 2014 | Viridian City, State of the Capitol

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One Confederal reserve note, 2014 series. Last series issued by the Confederal Reserve.



LSJ - The dissolution of the Confederacy four days ago caused an earthquake in the common market, most notably the foreign exchange market. The buck has boomed to an all time high with its current rate against the Belfrie standing at a solid 1.25, the dollar index rose from 85.35 to 102.75 overnight, according to analysts this trend is not expected to hold back anytime soon.

Gabriel Adams expert in price economics, stated that full privatization of public sectors contributed to significant disinflation in the former Western Confederal States and led to the overall strengthening of the Western dollar. He stated that this may be good for the economy on short term, but warns that a state of deflation may occur in which consumers have a strong incentive to put off purchases -- after all, everything will probably be cheaper tomorrow. In a society such as ours, Mr. Adams stresses, this could be disastrous.

However concerns about hardline deflation in the former states of the W.C.S. are still minimal, mainly because the Confederal Reserve abolished and the change in monetary system to a gold standard. The big changes are, no reserve system or central bank backs the dollar up therefore it cannot be manipulated. Which means its rate fluctuates in the free market and is issued by individual banks through a free banking system.

Months of quantitative easing policy conducted by the Reserve board has led to a decrease from 2.5% to 2% inflation. Now, with the introduction of the market states, the dissolution of the confederacy and the change in monetary system this rate rapidly decreased and consolidated at 0.1% Viridia, 0.3% Iron Vale, 0.1% Capitol State, 0.7% South Lake, 0.1% Kensington, 1.1% Torchland (12 Nov. 2014).

Quite the opposite is seen by the rest of the world. The price of oil and inflation are often seen as being connected in a cause and effect relationship. As oil prices move up or down, inflation follows in the same direction. The oil price wavers upward due to unrest in the Far East and, as a result, sparks higher numbers of inflation throughout the world. The reason why the market states disinflate and the rest of the world inflates is because of the recent events in the market states that temporarily overbid the shaky oil price. Yet, as seen, the prices in the market states are gradually consolidating.

For those investors still willing to jump on the Western dollar bandwagon, market analysts say the bull is still very much alive though not as sharp. So for those not able to catch up on it initially, there still is a big chance of profit.






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Geanna
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Posts: 2177
Founded: Jul 09, 2013
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Postby Geanna » Tue Nov 18, 2014 3:26 pm

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Parliament approves budget measures
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Melanie Laveau (@MelveauGBC) and Harrison Konstantinous (@KonstantHarris) (GBC)
11/18/2014 | Saxonople, UFG





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NEW:Southern Albiyan Government Established

Pilot Error determined in fatal crash in S. Albiya

Geannese-Ulthrannic Wedding - What to know

Geannese budgeting
UFG, Pardes (GBC) — November 18th, Everyone's favourite day as the Government finishes its budgeting procedure to determine if 2014 was a good year for the nation as a whole - or a bad one. There were a few surprises through out the year, events throughout the globe that had markets watching - however Geannese trade contracts and relations have remained firm.

In total the MoE has reported that for 2014, a total of $2.5 trillion in Federal Taxes were collected - a 5.6% increase from 2013's Budgetary Report. The MoE further reported that on average, $62,500 was the expected income of medial families - a small change since 2013. The MoE also released quarterly reports throughout the year outlining budget cuts and increases with the Federal Administration losing 3.2%, Education gaining 1.5% thanks to the Education Reformation Act of 2014, and the Defense slash for the Royal Army that dropped its spending of 8% to redirect funding to the Navy - with an increase of 4.5%.

Trade has also increased - by reports released by the Royal Trading Company citing a $134 Billion increase in trade contracts for 2014 - a 13.4% increase from 2012. Harold Gowley of the RTC Treasury Board stated that he was pleased - ''Since we've expanded our contracts to global partners, and the nation has opened herself up further to foreign investment - we are pleased to see this - it is very good news''.

A few special moments were of course marked out in the report, such as the sell of several ships to the Valinese that slashed maintenance and operating cost for the Navy - and a significant investment by Sel Corp as well into Valinor. Chief Minister Chloe Emro of the MoE stated that she was as well overall pleased with the results - she also pointed to the recent investments into Valinor. ''I hope to see further investors flocking to the Valinese - there's a strong chance for a mutual economic partnership and friendship between us''. She also said that the MoE would be further looking into increasing trade with Emmeria, Belfras, Jolan, and Estovakiva.

Some worry about the implications of the Geannese markets being so open to nations across the spectrum - this worry was downplayed by Prime Minister Reinhardt saying, ''RCO, CDI, CMSA - If you can't set your differences aside to strengthen peace and prosperity - to offer stability, reconciliation and friendship with your neighbours regardless of the lines, there's a problem. We are friendly, we want to strengthen ties with everyone - blocking off entire nations to your markets only causes stagnation''

In total, the MoE reports that following the budgetary report - the Federal Government has a surplus of around $3.3 Trillion, money she can use to further increase investments into other nations and work with further budgeting for 2015. In total, a 6% increase to spend - even if appearing small, Emro says she is pleased and excited to see that the economy is growing rather than slowing.


By GBC's Sarah O'Clowd



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"We dance on the lines of our destruction and continuation, to waltz and achieve the happiness of our existence, and to be the laughter in a world of silence."

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Western Confederation
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Posts: 170
Founded: Oct 17, 2012
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Postby Western Confederation » Tue Dec 09, 2014 10:32 am

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Holiday season approaches as Western investment firms enter talks with technological giants
Holiday season is expected to impose a modest economic increase globally, in light of negative Q4 consumer spending figures. Investment firms rolling the dice by entering business talks with Belhavian, Emmerian and SUP500-listed technological giants.
Robert Suckerman, rsuckerman@lsj.com(Liberty Square Journal)
December 9, 2014 | Franklin, South Lake

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Vyrant Technologies one of the leading technological giants of the world



LSJ - Stocks waver globally with the oil price climbing the metaphorical ladder. Yet we are heading to holiday season with Q4 statistics indicating a reduction in consumer spending compared to last year. To counter these statistics Breddon and Inwest inc., two highly placed South Lake and Viridia investment firms, reached out to Emmerian and Belhavian giants and SUP500 components.

Holiday season is coming, it's that time of the year again where we - Emmerians on top - massively reach out for our wallets and bring about an increase in global consumption. Consumption in general plays a major role in economics, especially in the former Western states, where a de facto system of free market anarchism reigns.

However, as-of-recent reports state a decline in global consumption, with exception to the Papal Republic. The CPI of the former Western states stands at a mere 1.5% compared to last year's 3% and 10% in the late 90s. This vivid downturn pattern may evolve into a negative anytime soon, which may spark a negative spiral for the former Western states, being already tangled in a state of deflation.

We asked our pundit in price economics, Gabriel Adams, for an explanation on the impact the reduction in spending may have for the rest of the world, to which he said: "Consumers are skeptical seeing as the oil price is increasing and the general price slowly inflates at the expense of the the average Pardesi citizen. Not to mention the contemporary discomfort in the financial markets which was caused by the trade war between the Geanna and the RCO." Nonetheless the latter has been largely settled, with the Lew, Chaleur Stock Exchange and Provisa Stock Exchange gradually correcting itself from its 4-6% drop a few days back.

To counter a phenomenon in which investors lose confidence in the markets, key peers within Breddon and Inwest approached the technological giants: Vyrant, IMQO and Imperial Tech and Roth industries for business talks. Vyrant Technologies, IMQO Technologies, Imperial Technologies and the conglomerate Roth Industries, also known as the big four, provide services ranging from internet, open-source and telecommunications.

The Vyrant Innovations program reaches out to inventors and invests in their inventions, in particular if said inventions can gain a lot from being linked to Vyrant Telecom's LTW network, or help improve online services, network connectivity, etc. As of recent a new version of vyOS has been introduced with a lot more interchangeability and integration, called the vyOS7.

IMQO corporation, approaching 300 billion assets, runs a similar program and commenced the construction of several data centers, talks with the Papal Republic of Rodarion and Kingdom of Valinor are reported to be in full swing.






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Last edited by Western Confederation on Mon Dec 22, 2014 4:58 am, edited 2 times in total.

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Tarsas
Minister
 
Posts: 2050
Founded: Mar 25, 2010
Inoffensive Centrist Democracy

Postby Tarsas » Wed Dec 10, 2014 10:25 pm

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Tarsan Government Signs Massive Contract with Vyrant Technologies


The Ministry of Trade officially announced today that Vyrant Technologies, a computer technology firm based in Emmeria, has signed a 7.5 billion billion harkan contract with the Tarsan government today. The contract covers a comprehensive upgrade of all current Tarsan computer systems, servers, and several software programs that are currently in use. A new development of VyOS, known as VyGovOS, is being prepared exclusively for the Tarsan government as part of the contract stipulations. The benefits for both the Emmerian and Tarsan economies already has investors rushing to buy Vyrant stock. The energy industry has already seen a sharp rise in investment after all twenty-two Tarsan nuclear plants have announced that Vyrant technicians are going to be developing a new reactor management software package to increase safety and reliability.

The program will be implemented in three stages and paid for after completion. Stage one will cost 3 billion, stage two will cost 3 billion, and stage three will cost 1.5 billion. The first stage will consist of a comprehensive hardware and server replacement in all government owned properties, as well as many partially owned ones such as nuclear plants.These will be temporarily installed with the old software while the new programs are being developed. This is expected to take roughly six months and will increase efficiency of all offices by 50% or more. The first stage is scheduled to begin in January of 2015 and take until June of 2015. During that time, all upgrades will be handled by teams of Tarsan and Vyrant technicians that will visit all facilities.

Stage two will consist of the full installation of the software programs that are nearing the final stages of their development. The full server systems in all government buildings will be upgraded to the new VyGovOS Server Edition and the workstations to the primary operating system. This will also apply to all phone servers, which Vyrant has already released an intuitive upgrade program for the civilian market that was chosen. The largest upgrade will be the installation of Plant Assistant, a new fully integrated program that will be installed at all Tarsan nuclear power plants. Plant Assistant will be capable of compiling information and operation statistics, monitoring feeds from all sensor and safety devices, and aiding plant managers in better keeping track of employee locations through a tracking pin that attaches to the shirt. The increase in safety was in response to new codes being ratified in the Imperial Senate on nuclear reactor safety.

The final stage of the upgrade will consist of a 1.5 billion dollar super computer that will be installed in the Caligula Institute in Delphius, Tarsas. The computer was custom developed by Tarsan scientists at the Marvius Computer Science Institute and will run Vyrant software in its interfacing section. The computer will aid the researchers in making astronomical calculations and operating the advanced equipment the facility utilizes for maintaining the Tarsan satellite network. The computer will cost a total of 2.5 billion to fully install and half of the money will go to Vyrant who is assisting the install and the other half will be provided by donations and the facility. Overall, the contract is expected to boost Vyrant stock as new capital is introduced into the company. Several long term maintenance contracts are also apart of the deal for Vyrant tech support to be offered to the government.





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Last edited by Tarsas on Wed Dec 10, 2014 10:26 pm, edited 1 time in total.

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Rodarion
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Posts: 1246
Founded: Dec 28, 2009
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Postby Rodarion » Tue Dec 30, 2014 10:04 am

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Economy grew by 2.3% in last quarter resulting in revised annual rate

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Purchasing managers' index reached 62.3 in November; resulting in revised annual estimates

December 30th, 2014| 11.00 AM PCT | înregistrate| By: Lukas Tanta


The Papal Republic's economy grew by 2.3% in the fourth quarter of this year, according to the Papal Office of National Statistics, meaning that the country's annual growth rate is now around 7.7%, a 0.5% increase from the estimate made at the start of the year. Minister of State for Finance Marian Dumitreșcu has applauded the new findings as a clear example of the 'government's clean record with the econony, still it is delivering on its promises'. The new data has prompted economists in the Papal Republic and outside it increase their estimates for Rodarian growth for 2015 from 7.5% to 8.1%, meaning that the Papal Republic is still the fastest growing major economy in the world.

According to the Papal Office of National Statistics and the Rodarian Economic Study Institute, the Purchasing Managers' Index (PMI), used to measure industrial output, put Rodarian industry's growth at 62.3, anything above 50 indicates growth. Géza Bajári, who heads the RESI said this following the announcement, "we are seeing a continuous growth in heavy industry, including machinery, locomotives, heavy vehicles and construction tools, light industry continues to grow but a reduced rate, albeit a small decline. Services, especially financial services are growing rapidly, the highest since 2009, consumer spending has also risen by 3.2%. Cheap oil imports are also greatly aiding the expansion of industry and further strength for the export-led economic model in use."

It appears that trade with other major economies such as Emmeria, Belhavia and Belfras is continuing to grow at a steady rate, between 2010 and the end of this year, trade between Rodarion and Emmeria reached $187.3 billion and trade with Belhavia reaching $136.44 billion. The RESI also confirmed that the Rodarian trade surplus has increased by 8.2%.

Minister of State for Finance Marian Dumitreșcu said, whilst speaking on Radio 3 this morning, "what is clear from these findings is that the National Catholic Party continues to deliver what it promises, it continues to uphold its clean record with the economy. What is important, is that we continue to do as much as possible, preserving and protecting our economic prosperity and ensuring that every citizen of our nation, feels the warmth of our propserity, we need to maintain the level of improvement to the standards of living for the general population and we will do so."

Consul Octavian Ceausescu reaffirmed his cabinet's statements, himself saying, "today Rodarion and its people continue to grow and prosper, under this government, under this National Catholic Party, the people can be certain that their aspirations and dreams can be attained and will be attained, for we all share the same dream, of a strong and prosperous."

The Voluntari Composite Index has risen 32% in the past six weeks, blowing through 3,000 to a three-and-a-half-year high ontop of the news that corporate earnings have increased by 11.4% this year. GregorSecuritate, one of Rodarion's largest hedgefunds has stated that the Rodarian financial sector is one of the most successful in the world of the decade so far, stating that its growth is increasing year on year, as it expands for the domestic market and now the international market.

PRRB's György Miklós contributed to this report.



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"Dulce et decorum est pro patria mori"

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Western Confederation
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Posts: 170
Founded: Oct 17, 2012
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Postby Western Confederation » Fri Feb 19, 2016 4:46 pm

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MoneyFlow Report: Business in the World
Markets roiled in January, as fear driven by a brief vocal exchange between global economic powers Rodarion and Belhavia. Hudson Angelo buying a huge stake in Constance Bank. The deteriorating situation in Torchland and Bogoria and much more. Though what is the alternative? What is the safe haven for entrepreneurs these days? LSJ interviewed the founders of the MoneyFlow business magazine today who just recently published their new "Business in the world" report.
Christine Ridgeway, cridgeway@lsj.com(Liberty Square Journal)
February 19, 2016 | Franklin, South Lake
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Map showing the nations covered in the report. Stars shown in dark green, Cash Cows shown in light green, Questionmarks shown in yellow, Dogs shown in red.



LSJ - One of the worst starts of a year, according to many analysts. The Lewis Yorkshire Industrial Average and the Seven Union Proponents Fivehundred dropped significantly with the start of January. The Palmerston Index perhaps hit the most out of all with a 17% plummet since the beginning of the crisis and is still going through a sharp bear-trend. Provisa has similar repercussions with the Provisa Stock Exchange dropping 202.40 points as it recovered in the end of the month January. Loweport and Vistrovio didn't come clean either with a similar drop.

Some scholars claim anti-CDI sentiment voiced by Romula is the cause of recent hypersensitivity and high volatility in the markets, others claim that the negativity in most countries turns into a negative spiral, reflected on the markets. Economists mean that even the Anikatian economy - one of the fastest growing economies alongside Rodarion since the 21st century - is victim of previous month's “miserable outcome”, according to MoneyFlow research branch director Ian Wahlberg.

It is due to him, as founder, that his business-oriented magazine, next to Lion Rock’s Far East Business Review and Temuair’s Enterprise became one of the best sellers among business-related magazines in the world. It goes as far as even the IOTS (Independent Organization of Transitional Structure) asking for advice from its employees in order to perfect its quota and criteria system for the Western Market States.

“Even though the start of 2016 advanced at a snail’s pace, the economic outlook for this year is yet another positive one. This confidence has reemerged in the end of January with the correction of major stock exchanges and the economic perspectives being ahead with numerous businesses offshoring and willing to take new risks. This particular research report sets straight whether a particular nation is business-friendly and ranks each nation based on information acquired by the World Bank and the Global Monetary Fund.” Says co-founder of MoneyFlow Elton Cornwell.

This report is based on a classification of nations based on four groups: 1. Stars (dark green), which are the most attractive nations for businesses. 2. Cash Cows (light green): nations that are semi business-friendly. 3. (yellow) Questionmarks: Neutral business nations, or nations without data. 4. Dogs (red): Nations that largely do not attract businesses. Although quite similar, these classifications are not to be confused with the growth-share matrix.

The report’s results ranks nations such as Arhurista, Anikatia, Belhavia, and all but one of the Western Market States as Stars. Ranks Belfras, Eaglelander Republic, Valinor, Temuair, Hornatiya... as Cash Cows. The Dogs, according to the report, are Estovnia, Tule, Ankaran Union, Bogoria, Bariya among others (see map). Some nations were hard to place in a specific category, according to the researchers. For example: Whether the Kingdom of Belfras is a Star or a Cash Cow whether the Papal Republic of Rodarion is a Cash Cow or a Questionmark and whether Westonaria is a Questionmark or a Dog.

The formula has been set by revisionists within the financial community of the world. Pundits of the International Financial Insider as well as Liberty Square Journal endorsed the report, the latter approving it with four out of five stars. Criticism was not unheard of because the report relied mostly on black and white statistics rather than first hand experience. But as director Wahlberg concludes: “Everything is a matter of management, even when we had to create this incredibly difficult report, we had to stay close to the facts.”

With the release of the report the Lewis Yorkshire Industrial Average climbed 65 pts 17,506.50, and the SUP500 12 pts 2,101.95, during today's trading session in the Franklin Stock Exchange.






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    © Liberty Square Journal


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