Tuesday, October 8, 2013

Hot economic news in this week

The year of 2014 will see the rapid growth, EU cuts economic growth forecast

According to the Spring economic forecast published by the European Commission on May 3, after the 2012 recession the EU economy’s gradual recovery in the second half of 2013 growth is expected to stabilize.

Compared with the winter economic forecast published in February this year, the EU's spring economic forecast report significantly lowers EU economic growth expected in the next two years. The EU and the euro-zone economy in 2013 will shrink by 0.1% and 0.4%. In 2014 it will grow by 1.4% and 1.2%, respectively. This means that the euro zone economy recession will continue this year.
More information: censlighting.net

YKK AP launched a number of new energy-saving windows and doors

The world's leading supplier of building materials YKK AP announced the launch of a new series of energy-saving windows and doors, and helps improve the living quality of the final occupant, to create a more comfortable, elegant living space. This release of the product, including L50BFY/L120BFY high watertight doors, LD sun energy bridge aluminum doors and windows, LD100 folding, LD50S ventilation doors, fully demonstrated the YKK AP always uphold the "good of the patrol ring" spirit, committed to providing quality and professional products and create a comfortable living space for the occupants of the determination.

The face of the growing trend of building energy consumption, how to use scientific and rational way to achieve the ideal of resource conservation and the use of the construction industry has become a national and enterprise to address various aspects of the issue.
More information: greentech-doors.com

North Georgia Fair: Funs for 79 Years that Never Ends

It's the largest fair in metro Atlanta and for 79 years, this annual event has showcased not only national acts and thrilling rides, but the best of what North Georgia has to offer in terms of food, flowers, and traditional blue-ribbon competitions. I'm talking about the North Georgia Fair.

Began back in 1927, when The Cobb County Fair Commission was granted a charter to hold a fair on leased land from Dobbins Air Force Base now has blossomed into one of the biggest fairs in the world.

Visitors will see many of the same fair events that Georgians have loved for years. The world famous Alligator Show, the Beautiful Baby Contest, and the usual assortment of petting zoos and pony rides will entertain the masses.
More information: thegeorgiastatefair.net

Apple A7 chip seeks to challenge Intel

When Apple talk about its "desktop level" A7 chip, it is merely carrying out public relations.
Initially Apple claims that it is the first smartphone A7 64 "desktop class structure," which sounds like hype. As controversy puts it, 64 designs for most users and there is no difference, so this is marketing nonsense.
Indeed, Apple has officially released the iPhone 5S, a discussion session on the A7 in repeated public statements a bit disappointing. Conference, Apple's spoken words mentioned in the first three paragraphs of the single most important feature is the A7, desktop-class structural design.

But in the back of Apple's public relations rhetoric, there are some professional comments. CNET and Anandtech reviews have pointed out that this chip really quickly.
More information: hbsphoto.com

Hotel giant Hilton plans to apply for IPO in the U.S.

Hilton Worldwide finally set foot on the road to market. Yesterday, there was foreign report that Hilton Worldwide has been in the United States submitted a listing application, plans IPO (initial public offering ) financing $ 1.25 billion, once the successful IPO then it will hit a record amount of financing the hotel industry.

Back in 2007, private equity fund Blackstone Group about $ 26 billion waste of money to invest in the U.S. Hilton, this transaction also includes Hilton's total debt. However, in 2008 or so, due to the financial turmoil and the tourism market lower, resulting in the hotel industry in the global market overall occupancy, room rates and RevPar are sharp decline was Blackrock Hilton facing repayment of debt of approximately $ 20 billion a huge risk. However, after several years of operation and the recovery of the hotel market, around 2011, the Blackstone investment has been converted for Hilton earnings, but also to convince the creditor Blackstone Hilton $ 20 billion debt reduction of $ 4 billion. Hilton was also helped pick up the business performance improvement Blackstone's real estate.
More information: hospitalitystylesummit.com

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