Cross-border bank lending contracts in Q2: BIS

first_imgJames Langton Cross-border bank lending pulled back significantly in the second quarter of 2015, the Bank for International Settlements (BIS) announced on Wednesday. Cross-border bank lending dropped by US$910 billion during the quarter ended June 30, the BIS says. Share this article and your comments with peers on social media Related news Economy lost 68,000 jobs in May Household debt-to-income ratio fell in first quarter: Statscancenter_img This is the first significant contraction in cross-border lending since late 2013, the bank says, adding that it more than offset the US$781 billion expansion in the first quarter of the year. Cross-border claims on advanced economies fell by US$918 billion in the second quarter, the BIS says, whereas claims on emerging market economies increased by US$45 billion. In particular, cross-border claims on China rose by US$36 billion during the quarter, the BIS says. “Despite this moderate quarterly increase, international bank lending to China lost significant momentum in the past few quarters,” it says, noting that lending to China contracted by 3% in the 12 months to the end of June. The cross-border banking statistics are subject to revision, and revised data is slated to be released on Dec. 6. Keywords Economic indicatorsCompanies Bank for International Settlements Facebook LinkedIn Twitter Leading indicators signal steady rebound: OECDlast_img read more

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MATCH OF THE DAY: RNL against Veszprem!

first_imgRelated Items:ESZPREM, handball, RNL, Virag Farkas Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. France beat Norway with Pardin&Mahe in main role! ShareTweetShareShareEmailCommentsOn Sunday will be played the derby of the group A in the EHF Champions League: Rhein-Neckar Löwen will host MKB-MVM Veszprém.The Germans prepared perfectly for this battle, because they could beat Flensburg away in Bundesliga and reached the 3rd position on the table. It was a big surprise, because Flensburg didn’t lose at home since the December of 2011. Veszprém can’t be so satisfied with their results, they lost their two preparing matches in Skopje against Vardar and Metalurg. But this week they had an easy win against Balatonfüred in the domestic championship (39-25). Iman Jamali won’t travel to Mannheim because of an injury. Patrik Ligetvári will replace him, who was chosen to the best youth player in Hungary in 2013.The two teams have played yet in the 2nd round of the group phrase. The Hungarians won with one goal in Veszprém Aréna in an exciting match.Who will be the winner? Let’s see on Sunday at 7 p.m.!TEXT: Virág Farkas ShareTweetShareShareEmail 1 Comment Handball in Germany is played by 750.000 people Pingback: Klibba.com » MATCH OF THE DAY: RNL against Veszprem! Veszprem wait clash with Zagreb, Davis: This is Champions League 1 Comment Recommended for youlast_img read more

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Obituary: Norman Unwin

first_imgNorman Unwin founded Unwin Safety Systems in 1956Norman Unwin, 89, the founder of accessible transport specialist Unwin, has died.He founded the company over 60 years ago, having created the world’s first device to secure wheelchairs in vehicles, after witnessing a ‘disastrous’ seaside outing involving five people in wheelchairs.He and his late wife Jean retired in 2014, when Swedish company Autoadapt bought the company.Unwin Managing Director Chris Hellier says: “It is thanks to Norman’s tireless efforts that our company today is able to help thousands of people with disabilities travel in safety.“In the early days he took on the Department of Transport – and won – when they proposed a directive that said some wheelchairs in buses did not need to be secured. He looked for solutions and made sure that they worked.“Norman’s ethos continues today in all the work we do at Unwin headquarters at Martock. We all send our deepest condolences to his family.”A Thanksgiving service will be held on Wednesday 25 April at 1400hrs at St John’s Church in Yeovil.last_img read more

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Silence hysteria around National Planning Policy Framework

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

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The Social Networking Arms Race

first_imgThe Dos and Don’ts of Brand Awareness Videos Last November, when Google launched Open Social we asked readers if Facebook would join Google’s platform. The results were split right down the middle, but as we get farther from the Open Social launch, and the two sites continue to launch competing APIs (Google FriendConnect vs. Facebook Connect, for example — the former banned by Facebook), that seems less and less likely. This is becoming a social networking cold war according to Duncan Riley.Even though the battle for social networking supremacy is a fight between Facebook and MySpace, the social networking arms race is really being played out between Facebook and Google. Google has demonstrated the unique ability to bring rival social networks together around its proposed open standard APIs, such as Open Social, FriendConnect, and the Social Graph API. Google has built up its own little iron curtain with MySpace, Yahoo!, LinkedIn, Ning, and the Google-owned Orkut to prop up its open source platform initiative. (Don’t bother trying to follow the Cold War analogy all the way through — it doesn’t really work.) Facebook is now planning to follow Google’s lead and open source their platform. Previously, Facebook’s platform technology only powered an app development platform on one site outside its own — that of rival social networking site, bebo (recently acquired by AOL). An open sourced platform means that any social network could implement Facebook applications. More details should emerge in the next couple of days, according to TechCrunch, who broke the story.Two questions immediately spring to mind following this news: 1. Does this help users? 2. Do platforms even matter?Does An Arms Race Benefit UsersThe short answer here is: no. Exposing key parts of the social networking experience as open source projects seems like it should be beneficial to users, but for as much as the companies involved talk about openness, there is clearly a lot at stake here. Google and Facebook certainly want some amount of control over user data (so far, major players here have only paid lip service to data portability) and social applications. The latest round of developments in the social networking API world have seemed a lot like a series of power grabs.As Steve O’Hear wrote yesterday on ZDNet, “One widely supported and open standard, not two, would be in the interests of the industry as a whole.”Do Platforms Even Matter?A quick look at the app galleries on Facebook, MySpace, or any other mainstream social network might lead you to say, “Who cares? All these apps are trivial junk anyway.” And that might not be a false statement — we even noted in January that Facebook users seemed to be losing interest in applications, and in November we argued that Facebook’s users and user experience trump any app platform.But Facebook’s coming new profile design is clearly reminiscent of an operating system. As Facebook tries to become the mainstream everything, control over the dominant social application development platform on the web ends up mattering a lot.ConclusionTry as it might to shed its “fun” image by adding more granular privacy controls, and cleaning up its profile design, Facebook is still associated with “college socializing,” the same way MySpace is still associated with high school (even though both web sites count users above college age as their fastest growing areas). One major strategic advantage that Google has gained via its Open Social iron curtain is that it has hooks in different types of social networks — high school, college, business, international, regional, or anything in between (via Ning). That’s a major selling point for social app developers choosing a platform.Unfortunately, a platform arms race benefits no one except the eventual winner (if there is one). What would benefit users is a single, open platform standard, and a real commitment to data portability by all social networks. Tags:#Facebook#Features#Google#web A Comprehensive Guide to a Content Audit Facebook is Becoming Less Personal and More Pro…center_img Guide to Performing Bulk Email Verification josh catone 1 Related Posts last_img read more

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Rep. Griffith denies reports saying he won’t run for another term

first_imgYou say you heard that Jefferson City State Rep Dave Griffith isn’t running for another term? He says ‘don’t believe the rumor mill’.Griffith, who’s in his first term representing the 60th District, says there was a story making the rounds that he wasn’t going to run again.Griffith says he’s on the mend from his recent heart attack and is ready for the session that starts in January.last_img

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SPORT-DOMINGO 3 LAST

first_imgWith South Africa gearing up for three T20s, five ODIs With South Africa gearing up for three T20s, five ODIs and four Test matches in the 75-day tour, Domingo weighed up the challenges of a long away series. “The advantages of a long tour is that people always say that its too much cricket that is being played, players are burnt out, so we cant say we are burnt out. We have had a pretty easy schedule in terms of work load after the world cup. The disadvantage is that we come here having not played Test match cricket “The last Test match we played was in the West Indies in New Year, so we have not played too much of Test cricket. The advantage of that would be that players would be hungry to do well in that format. They still see Tests as the pinnacle of cricket. This year unfortunately we havent played much Test cricket, next year is going to be different. “So when we do get time to play Tests we take it really seriously and we know that we are the number one Test side in the world and we would like to hang on to that spot for a long period of time,” he said. Domingo also asserted that South Africa is a good travelling unit with players enjoying each others company. “I think the players enjoy each others company for starters. I think there is a big camaraderie in the group, they enjoy each others company. I suppose being from Africa we are used to being in tough places. Africa is not for sissys, Africa is a tough place. “So for us to travel to different places is a challenge for us. We really enjoy that. Seeing different cultures, meeting different people. We have got a good nucleus of senior players who are really good people, that mixes easily with different cultures and different people and I think thats the strength of our side,” he said. PTI FK PM PMadvertisementlast_img read more

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Wagner laments poor first half display

first_imgHuddersfield Town manager David Wagner has blamed their poor first half performance for their 3-1 home defeat to Southampton.Huddersfield were already two goals down by the 42nd minute marking an abysmal first half.Philip Billing gave Huddersfield hope in the 58th minute as he scored to give the hosts a fighting chance, but Michael Obafemi sealed the victory for the visitors.“First half was not good,” Wagner told Sky Sports.Danny CowleyCowley explains why he changed his mind about Huddersfield Manuel R. Medina – September 9, 2019 Last week Danny Cowley rejected the chance to coach Huddersfield Town in the English Championship, but today he accepted saying it was a good opportunity.“We looked nervous and looked uncomfortable in possession. We rushed our situations and did not perform on the level we are able to perform, especially offensively.“Because we were so poor in ball possession there were a lot of spaces that we were not able to fill. We lost the ball too easily. Second half was better, but I have said that we have to set the tone.“If you are uncomfortable and pass the ball back too many times, you can see what the pressure does to you.“We were not brave enough in a lot of situations. The players reacted in the second half, which we needed as first half was not good enough. We have to accept this defeat which hurts and take it on the chin.”last_img read more

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