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    November 1St International Financial Media Headlines

    2010/11/1 9:36:00 39

    The World'S Leading Media Headlines

    Below is

    The world's leading media headlines

    :


    Wall Street Journal: US Republican Party gets voters' favor


    The mid-term elections in the United States are coming on schedule. Judging from the current signs, the Democratic Party and the Republican Party are evenly matched.

    In the future, whoever wins or loses will still have many variables.

    But market participants pointed out that from the current attitude of voters, it seems that the focus of support has shifted to the Republican Party.


    The results of the selected analysis were predicted.

    As a result, most of them are biased towards the Republican Party.

    Traders at the online forum InTrade said that the probability of the Republican majority in the house of Representatives is more than 90%, which means that the victory of the Republican Party is more important than winning the election itself.


    Thestreet: leading events in US stocks this week


    This week, the United States will have a mid-term election, and the Federal Reserve will hold a conference on interest rates on 2-3 November.

    Market sentiment for the first week of November is very high.

    Industry analysts pointed out that the announcement of the mid-term election results will help to uncover the mystery of previous policy choices.

    It is precisely because of the speculation on the uncertainty of the policy results that the market investors are cautious in their proofreading and are afraid to let go of the operation.

    US stock market slump on Friday also fully illustrates this problem.


    Not only that, the new decision of the fed at this meeting will also point out the direction for the future economic development.

    It seems that the Federal Reserve has introduced a new round of quantitative easing policy at this conference, but market investors are concerned about the specific size of the Federal Reserve's purchases of treasury bonds.

    As some indicators of economic data have improved, the Fed's efforts to buy treasury bonds may be lower than earlier market expectations.


    MarketWatch: Federal Reserve Policy and mid-term elections determine economic trend.


    According to the plan, a series of macroeconomic data including October employment figures will be released in the next week, but the most recent concern is the upcoming mid term elections in the US Congress and the latest plan of the US central bank to stimulate the US economic recovery.

    According to the plan, the mid-term election of the US Congress will take place on Thursday, which is likely to lead to a change in the control of Congress.


    Analysts believe that if the Republican Party wins a huge victory in the mid-term election process, the US government's high office will be controlled, and the implementation of the major regulatory reforms launched by the Democratic Party will also be hampered.

    On the other hand, US President Obama may also agree with the Republican Party on extending the tax relief policy.


    CNBC: Apple or Motorola charges


    Apple has recently reported that it will initiate prosecution and prosecution against rival Motorola.

    Apple believes Motorola's Droid smartphone infringes three patents on iPhone.

    It is understood that Apple filed a complaint against Motorola on Friday in a indictment filed in a district court in Wisconsin, USA.

    Apple said in its allegations that Motorola smartphones, including Droid mobile phones, infringe three patents.

    The apple asked the court to judge Motorola to compensate for the loss and to pay the lawyer's fee.

    At the same time, the court was asked to ban Motorola's continued sales of the product.

    But a spokesman for Motorola declined to comment.


    At present, "patent war" is one of the common ways of mutual struggle among competitors.

    As early as September this year, Motorola had sued apple for violating Motorola's 18 patents in the field of antenna design and so on.

    The apple countercharge Motorola is showing that the "patent link" launched by industry giants around cell phone patents has already started.


    Bloomberg: PayPal returns to normal operation


    The PayPal online payment service of the US e-commerce giant EBay Inc. said that after about 1.5 hours of failure, its system has basically recovered to normal operation and the vast majority of users can conduct normal pactions.

    PayPal said in a blog statement released on Sunday that users failed to log on to accounts and failed to allocate funds because of a system malfunction.

    At present, PayPal supports the paction of 24 currencies in the world, and has launched localized websites in 20 countries worldwide.


    PayPal has said that the company currently has about 90 million active users, and under normal circumstances, it deals with 2700 pactions per second.

    According to Bloomberg's calculations, in the course of the PayPal system failure, a total of $14 million 600 thousand of funds could not be properly processed.

    In fact, this is not the first failure of the PayPal system. As early as August this year, the company's system had a 6 hour failure.

    {page_break}


    New York Times: US three quarter economic growth 2%


    The recent US economy is like a helicopter that has lost its momentum, and the recovery is not enough.

    Data released by the US Department of Commerce on Friday showed that the US GDP growth rate in the third quarter was 2% above the annualized rate, slightly below that of the Dow Jones survey of 2.1%.

    It is understood that the US economy has been in the current recession since December 2007 and has resumed growth in the summer of 2009.

    As of the third quarter of this year, the US economy has been growing for five consecutive quarters.


    Although the value indicates a slight increase in the economic growth rate, the market generally agreed that the Federal Reserve will effectively introduce a new round of quantitative easing policy.

    In addition, there is no suspense about the way the Federal Reserve will buy treasury bonds gradually. The only thing to be solved is the size of the bond purchases.

    Moreover, the report on the US economic growth is released just as the US is approaching the mid-term elections, and the final victory of the Democrats and Republicans will win the voters' other boots.

    Because the problem of policy choice that has not yet been resolved will also emerge as a result of the announcement of the election results.


    Reuters: Rousseff wins presidential election in Brazil


    Dilma Rousseff, the former guerrilla leader, won the presidential election in Brazil last Sunday. The woman candidate promised that she will continue to adhere to the economic policy that has helped millions of Brazilians out of poverty, and will strive to turn Brazil into one of the fastest growing economies in the world. Dilma Rousseff

    According to official data released by the electoral authorities in Brazil, the percentage of valid votes approved by Rousseff was 55.7%, while that of rival Serra (Jose Serra) was 44.3%.

    At the same time, the election authorities also showed that the percentage of valid votes was 95%.


    In fact, despite the complex life experience of Rousseff, she received the firm support of Luiz Inacio Lula da Silva in her campaign in Brazil.

    A St Paul worker named Da Silva (Elizabete Gomes Da Silva) said after the announcement of the election results: "I believe Rousseff will continue Lula's work. Lula is a president who takes the most urgent interests of the people as the core, and that is to solve the problem of poverty."


    YAHOO Finance: Obama faces tax policy choices


    For the current US tax issue, will Congress continue to implement the Bush administration's tax cuts or raise the tax rate next year? This is an urgent problem for Obama.

    Earlier, Obama had promised to impose higher taxes on wealthy families and small businesses with an annual income of more than $250 thousand.

    Judging from the current signs, Obama's determination seems to be unchanged.

    But what the market is concerned about is how should Obama decide to extend the resolution to raise taxes to everyone?


    The tax preference scheme introduced by Bush began in 2001.

    These include low tax rates and a $1000 tax benefit for families with children.

    This is a great relief for married couples.

    In Bush's policy, low tax rates are also imposed on investment and large-scale real estate projects.


    India times: Bill's election comes to the fourth stage.


    According to the plan, about 140 million people in some violent conflicts and caste conflict areas in India will participate in the fourth phase of Monday's Bill election.

    It is reported that the election will determine Bill, the 8 parts of the country, a total of 42 seats.

    At present, the India government has greatly improved the security work of this election.

    According to the plan, the voting time in most areas is from 7 a.m. to 5 p.m. local time, and in some sensitive areas, the election will be completed ahead of schedule at 3 p.m.


    At present, the India Electoral Commission has deployed 60 thousand staff members at 10716 election sites, and has also provided 13225 polling devices.

    In addition, in order to ensure the normal operation of the election, the India Election Commission also used 4 helicopters.

    At the same time, the central army of India will deploy security at all the higher election sites of all dangerous systems, while 85% of the electoral posts will be armed with protection.


    Daily Telegraph: UK government plans to ensure natural gas supply


    The British government plans to amend the existing bill to persuade major energy companies to build sufficient reserves of natural gas to ease the tight supply of natural gas.

    It is learnt that the British government's move is mainly to ensure that Britain's natural gas supply will not be affected by price changes and reserve shortages.

    Two years ago, Russia cut off the supply of natural gas to Western Europe because of disputes with Ukraine, which caused serious inconvenience to the British people at that time.


    According to the British government's bill reform plan, if Britain's domestic natural gas supply is insufficient, then energy companies will pay higher natural gas purchase price. In this case, the major energy companies will choose to increase the supply of natural gas.

    It is learned that these contents will be introduced as part of the British coalition government's energy security and green economy bill.

    "We think this is a step in the right direction, which will enable the British people to get the normal supply of natural gas under unconventional circumstances," said a spokesman for the Centrica Group PLC of the British Gas Transmission and distribution company.

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