Tuesday, December 14, 2010
Weak U.S. dollar weakness and instability of national economies.
Weak U.S. dollar long-term slump, continuing to fall, a profound impact on the lives of countless people worldwide. .It was icing on the cake, wealth flourishing; others toiled, a living increasingly difficult. .Tokyo to Los Angeles from Japan, the dollar's ups and downs ups and downs of making waves around the world. .<P Align=center> large investors to buy Manhattan real estate </ P> <P> New York, USA </ P> <P> Since 2001, the U.S. dollar against six major trading currency exchange rate index depreciated 37% Consolidated </ .P> <P> the U.S. subprime real estate market is being badly hit, but thanks, thanks to European investors, New York, Manhattan, were not affected, the Manhattan real estate agency industry 安玛丽莫瑞 Yati the past 18 months, .she was a month with a dozen foreign clients in Manhattan to see the house, a total turnover of eight pen, her previous sales to foreign customers twice. .</ P> <P> Murray Yati's foreign clients who are mostly Italian or Irish people. .Soho (Soho) to have some luxury apartment building under construction, an Italian customer in one breath to set four, the total price of $ 12,000,000. .The customers think it is good time to invest in Manhattan real estate. .</ P> <P align=center> dollar to a basket of currencies depreciated Cuba sorrow </ P> <P> Havana, Cuba </ P> <P> 1 U.S. dollar = 23 pesos since 2001 devaluation of 12% </ P> .Maria Lugo <P> residents of the Cuban capital of Havana, aged 51, in a state-owned enterprises as drivers, but her income is insufficient to support a family, must rely on her son in Miami working to send money back every month to subsidize .home. .Recently a weaker dollar, the impact on the livelihood of Lugo, because the Cuban currency "peso" exchange rate system pegged to a basket of currencies dominated by the dollar. .</ P> <P> Cuban Peso U.S. dollar exchange rate depreciated in 2004 and has been re-once, when Cuban President Fidel Castro ordered the U.S. dollar exchange rate of peso devaluation of 10%, 10% deduction fee Also ., equal to the depreciation of the dollar against the peso by 20%. .</ P> <P> Lugo received $ 100 per month, allowing the family to eat. .But with the recent currency peso dollar, coupled with soaring global food prices, has given way to feel the pressure of Lugo. .</ P> <P align=center> Le belt cutting business degrees in Los Angeles Xiaoyue </ P> <P> Los Angeles, California </ P> <P> Since 2001, the U.S. dollar against six major trading currencies .Consolidated depreciation of the exchange rate index 37% </ P> <P> Chiba is a Japanese-American second-generation immigrants born in the Los Angeles District management "Chiba sushi restaurant," the many seafood restaurants line the ingredients from Tokyo, Japan .air from the Tsukiji market. .Since the dollar against the yen since the rapid Zoubian, Chiba increase the cost of procurement of seafood ingredients more than 30%. .</ P> <P> to valuable bluefin tuna, for example, the purchase price a year ago, Chiba, 38 U.S. dollars a pound, now 1 pound more than 60 U.S. dollars, in contrast, California and Canadian waters are still caught mackerel .to maintain the price of $ 6.75 a pound. .Chiba is currently selling tuna fish or other high-priced sushi almost losing money selling to rely on such cheap fish, blue fish, make a profit. .</ P> <P> face due to a weaker dollar and rising costs, Chiba decided not to cut the store employees, use other ways to cut costs to survive the crisis, first of all he will be 10% of the price hike, and reduce food stocks .In addition, he has to switch to energy saving light bulbs to save electricity. .</ P> <P align=center> dollars is a weak Japanese fisheries Xiaohe </ P> <P> Tokyo, Japan </ P> <P> 1 dollar = 108 yen depreciated since 2001, 18% </ .P> <P> five in the morning and a half, the dawn twilight, Tokyo's Tsukiji fish market voices. .Workers took the ice ax hacking, frozen tuna fish glide on the floor, is warm for the auction. .Although only a fish market, was able to fully feel the pulse of the international financial market. .</ P> <P> aquaculture in Japan were weak dollar is good thing, prompted the United States fishermen in New England Atlantic bluefin tuna will be sold to Japan. ."Most fish Corporation," Vice President Shimura and Ming (sound) that the dollar will help them catch the light of rising oil prices and reduced. .If this year's U.S. harvest tuna again, they will send across the ocean in August, for supply. .</ P> <P align=center> yuan rose all the way to the export trade for nothing </ P> <P> Yiwu, China </ P> <P> 1 U.S. dollar = 6.9 yuan depreciation since 2001, 17% </ P .> <P> Zhejiang Yiwu is the world's Christmas gifts and ornaments of all, however, Du Xiufeng (sound) is a feeling festive atmosphere this year will be cold to not work. .Two years ago he sold 120,000 pairs of Christmas socks to the U.S. retail giant Wal-Mart, earned $ 62,000, but later deteriorated. .With the U.S. dollar against the yuan continued Zoubian, his increasingly slim profit margins. .</ P> <P> last October, Du Xiufeng by the U.S. "Target" department store chain 150,000 blanket travel orders, had expected to earn $ 7500 smaller, but the U.S. has repeatedly devalued, Du Xiufeng know they have to do .White workers had. .Looking peers Yiwu City, down shop down stores, job cuts layoffs, for petty profits, even on Sunday he did not dare to rest. .</ P> <P align=center> days of the Indian software industry from bad to worse </ P> <P> Noida, India </ P> <P> 1 U.S. dollar = 43 rupees depreciation since 2001, 10% < ./ P> <P> 阿索克拉哈 smoking a pipe smoke, men's computer software engineers are hard, staring at the screen to write programs. .Raha's "Interlagos information technology companies," small, but clients include Universal Studios, the U.S. railway company (Amtrak) and other well-known large companies. .</ P> <P> Interlagos and many, like their counterparts in India, 90% of its revenue from U.S. customers, but the company's rent, salaries and other expenses paid by it to the Indian rupee. .U.S. stumble endlessly, these companies become increasingly sad day. .Interlagos has recently laid off 20 people, the prospects of chaos is unknown. .</ P> <P> Raha also like to expand the market, for the United Kingdom, Australia and other English-speaking countries of the customers, but the U.S. is still the god, and peer competition, there is no hike room charges. .Raha said: "The dollar a serious impact on our part, as long as another 15% devaluation, many companies have closed down." </ P> <P align=center> Russian ruble strengthened with rising prices </ P> <P> .Ke Jialin, Russia </ P> <P> 1 USD = 23.6 rubles depreciation since 2001, 23% </ P> <P> away from the sultry heat of northern India, came to the frozen Siberian oil fields..穆哈迈奇亚 Nove work hard, earn $ 1,500 a month, the impact of the depreciation of the dollar, he is not much the concept, only to find not a good thing. .Just the disintegration of the Soviet Union in the 1990s, when the dollar as a symbol of economic power. .Today, times have changed, the Russian ruble strengthened all the way to the U.S. dollar ring fade, but rising prices are seen as the culprit. .</ P> <P align=center> Sham rather die than live fire of inflation in Egypt </ P> <P> Cairo, Egypt </ P> <P> 1 U.S. dollar = 5.4 Egyptian pounds since 2001, the appreciation of 17% </ P .> <P> about rising prices, the Egyptian people even more miserable. .Cairo, one in the capital market, the old woman 蕾拉尤瑟芙 bear upon her purse, view the stalls on the onions, green beans, carrots and white eggplant, price weight material wealth. .No way, she and her husband to rely on 700 Egyptian pounds a month (127 dollars) in retirement living. .</ P> <P> the Egyptian pound's exchange rate peg to the dollar, import prices thus have been rising, fueling inflation, like You Sefu that ordinary people find it simply can not afford to parry. .She said: "To save money, we do not eat fruit twice a week to wash clothes ... Sometimes I feel rather die than live." </ P> <P align=center> rich black market in Zimbabwe received U.S. </ P> <P .> Harare, Zimbabwe </ P> <P> 1 Zimbabwe dollar = 6.3 billion since 2001, the appreciation of RMB 11.0 billion </ P> <P> landlocked country in southern Africa, Zimbabwe's economic meltdown, currency against the U.S. dollar is .astronomical. .But Roland Daohai fared well, he is a payroll management division chief, but the sideline far more important: the black market foreign exchange capital, Harare cattle. .Roland stared at the exchange rate to buy and sell every day, good luck when the net profit of $ 100 a week, as "hundreds of billions (Zimbabwe dollars) rich." .Even if the pregnant just billions in Harare, "large sums of money", there is not much product to buy. .This beat Roland, he went to neighboring countries to buy electronic products, sold back to the compatriots; of course, do not take U.S. dollars. .</ P> <P align=center> weak U.S. consumer law can only be sold back fine </ P> <P> Cherbourg, France </ P> <P> 1 U.S. dollar = 0.64 euros since 2001, depreciation of 43% .</ P> <P> Normandy peninsula, no rain lately, but still Piye Yi Fang factory is hundred "umbrella" lit, a variety of colors and styles contests are for Cartier (Cartier), Vatican g .Albemarle (Van Cleef & Arpels) and other brand-name OEM quality, a minimum asking price $ 200. .</ P> <P> Iraq produces only 3,000 a year umbrella the past, mainly the United States exported 60% of the foreign market, but the euro as the dollar has been beaten defeated, the ability of American consumers in Europe are also great as fine .ago. .Iran is now only hope that by their own customers in Europe, to maintain the origin of the film "Qiushuiyiren" (The Umbrellas of Cherbourg) the umbrella of the kingdom. .</ P>.
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