Japan

So How Do These Sorts of Crises End?

October 28, 2011 (Vietnamica) – The world has endured these sorts of crises before .Somehow they come to an end. What happens? Sometimes, someone turns up who can prop up the collapsing debt mountain, and they make it grow higher, for a little bit longer. For a short while they are even called brilliant, but they leave a bigger problem than they started with. Eventually the thing comes crashing down and the creditors pay – always.

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Physical Gold Demand “Strong”, Banks are “Insolvent Not Just Illiquid” and “Must Recapitalize for New World Order”

October 20, 2011 (Vietnamica) — U.S. Dollar gold bullion prices fell to $1644 an ounce Wednesday morning London time – a 2.2% drop from last week’s close – before bouncing, while stock markets rallied following reports that an agreement may be close on enlarging the Eurozone bailout fund.

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ABD Provided Hanoi Metro Line Construction With $293Mln Loan

October 14, 2011 (Vietnamica) – The Asian Development Bank (ABD) and the Government of Vietnam, on Oct 13, signed a US$293 million loan agreement for the construction of a metro line in Hanoi. The ADB-supported 12.5-kilometer metro line will run 3.6 kilometers underground with 8.9 kilometers of elevated and transition track. It will stretch from Hanoi Station, through Cau Giay, to Nhon.

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Vietnam, China: Economic Prosperity Leads to Heightened Tensions

October 10, 2011 (Vietnamica) — While China’s economic ascendency has been well documented, Beijing’s longtime regional competitor, Vietnam, is steadily growing in economic and political relevance in the region, due in no small part to its economic ties to the Chinese. Historically, China has been the more powerful of the two, seeking to contain its neighbor to the south. As their economies continue to prosper, they will attempt to extend their influence in the region, but because of their geographic proximity — and because the areas they seek to influence overlap — Beijing and Hanoi will maintain a state...

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Vietnam’s Exports of Garment Slowed Down in Sept 2011

Oct 3, 2011 (Vietnamica) — Vietnam’s Ministry of Industry and Trade said that Vietnamese garment makers earned a total export revenue of US$ 10.5 billion in the first 9 months of 2011, compared to $7.95 billion in the same period last year.

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Deep-pocket Japanese to Fund Vietnam’s Nuclear Power Project Study

Sept 29, 2011 (Vietnamica) — The Japan Atomic Power Corp (JAPC) signed a consulting agreement with the state-owned Electricity of Vietnam (EVN) on Sept 28, following which JAPC will prepare project document for Vietnam’s first nuclear power plant, proposed to be constructed in Ninh Thuan Province in the central region of Vietnam.

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