China to strengthen co-op with Japan to boost mutual understanding  09/02/2010

Chinese premier Wen Jiabao Monday urged China and Japan to strengthen exchange and cooperation to boost mutual understanding and trust.

Wen made the remarks while meeting with members of the fifth 21st Century Committee for China-Japan Friendship. The committee, an advisory panel to both nations' governments, convened a meeting in Beijing on Sunday to discuss various aspects of China-Japan relations and to provide suggestions to the two governments...

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GEAB N°42 - Contents

- Published on February 16, 2010 -

Second half of 2010: Sudden intensification of the global systemic crisis – Strengthening of five fundamental negative trends
Our team anticipates, in this 42nd issue of the GEAB, a sudden intensification of the crisis in the second half of 2010, caused by a double effect of a catching up of events which were temporarily « frozen » in the second half of 2009 and the impossibility of maintaining the palliative remedies of past years… (page 2)
. The five characteristics which make up the « Greek case » into the tree with which one tries to hide the forest (page 5)
. Goldman Sachs’ role in this Greek tragedy… and the next sovereign defaults (page 7)
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Three fundamental trends aggravating the crisis in the second half of 2010
For LEAP/E2020, behind the « sophisticated » dissertations on the exit from the crisis and the end of the policies of support for the economy and the financial sector hides a very simple truth, but one which governments and central bankers are unable to express: they don’t know what to do? when to do it? how to do it? and if they should do it alone or with the other big global players?… (page 9)
The explosion of the bubble in public deficits and the corresponding increase in states failing to pay (page 10)
The fatal impact of the Western banking system with mounting payment defaults and the wall of maturing debt (page 13)
The inevitable rise in interest rates (page 15)
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Russia: Better prepared to face the coming years than the other big global players
That may seem paradoxical, especially for those who merely read the Western media, however the country has gone through a major transition towards the world after 1945 … since 1989. Russia is, a priori, assured of a lasting period of stable central power, which is far from being the case for the other major global players… (page 17)
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Strategic and operational recommendations
Currencies, Commercial real estate, Stocks, Precious metals (gold, silver, platinium…) (page 21)
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The GlobalEurometre - Results & Analyses
This month’s results show the existence of very contradictory trends, with strong directional changes depending on the issues. March will show whether these changes are lasting, or simply a sign of general confusion created by media commentary which is contrary to the personal experiences of those polled… (page 22)
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