World Economy

How do you like the excitement of the World Cup in South Africa, you might also think about how these people are brought together not only for business on the football field, but also all over the world.

Let's take a look at how these competing countries in the world market leader ...

Italy vs Germany

Unfortunately, Australia was outclassed by the best team in Germany.

But this does not mean that we are outnumbered in our economy.Although driven by different sectors, Australia is rich in minerals and resources, and Germany on the other end of the spectrum, with strength in the manufacturing sector, both countries are economically.

Germany is known for the production of automobiles and machine tools, while Australia is known for its raw materials for making them known.

So we'll probably get more friends in the paddock for years with the export / import ratio. Coal in Germany amountsmore than half a billion dollars a year, while Germany is the fifth largest import source for Australia's goods (including cars). (Source: DFAT)

Italy vs England

England goalkeeper Robert Green made a shocking error when fumbled the only goal scored by the United States, including the final score of 1-1.

As for the juggling, could do the same for economic recovery in Britain says that compared to the United States.

The International Monetary Fund predicts growth of 3.1% forthe United States in 2010 and only 1.3% for the United Kingdom. Surely this is the currency movements of the couple during the past year against the dollar strengthened.

But while the two countries see different growth rates, both countries will be modest growth over a longer period.

Greece vs. South Korea

These two countries are a perfect contrast in economic terms and in the game that was played on Saturday night (Greece 0 South Korea 3).

WhileSouth Korea, the unemployment rate is 3.2%, Greece, the unemployment rate to an amazing 11.6%.

Indeed, the economic strength in South Korea is not alone on their land, but also extends into Asia Pacific region is limited.

Chinese exports were 48.5% in May, fueled a strong growth in other neighboring countries such as South Korea and even Australia. Things are going up in New Zealand. The biggest risk is if China attempts to cool its economy to impact on the history of growthregion in the short to medium term.

Greece is now an economic basket case. The country can not afford to repay their debts and has now been declared bankrupt or between the Euro-currency choice. If Greece chooses to go with its own currency, the currency will be devalued. We hope that the financial situation of the books, but exports will be a slow process.

South Africa

Holding the World Cup is naturally vibrant economy of South Africafrom tourism dollars, but is also an opportunity to show the world all the changes that emerged in this country, especially in the last decade.

South Africa is a country rich in resources involved, and there are an increasing number of ASX listed companies in the exploration and production.

A sample of a few ASX-listed companies are significantly involved in South Africa are:

• Vantage Gold Fields (VGO)

• Anglo Gold Ashanti(AGG)

• Continental Carbon (CCC)

• Molopo (MPO)

• Industree (IDL)

• production of resources (RES)

• Atomic Resources (ATQ)

• Peak Resources (PEK)

• Riversdale (RIV).

The country has a well developed infrastructure and transport. There is also a country that has a wide gap between wealth and poverty. With an infrastructure built, will always win for business.

However strong the biggest problem for these companiesinvolved with the stability of South Africa. The instability stems from the gap between rich and poor and their access to basic services. But not so much the stability of the governments of these companies would be affected - it would be more concerned about the stability of the business relationship.

What is the South African rand?

the currency of South Africa - the edge - as the Australian dollar, which have a foreign exchange risk is considered. Sun tends to be strong when the dollaris lower and weaker against the U.S. dollar higher.

As you can see from the table, the U.S. Dollar South African Rand (dark green) moving in a manner similar to U.S. dollars to Australian dollars (light green)

Fun to watch the rest of the World Cup and see and avoid fumbling worse, scoring an own goal to respect, so that the current step in the global economy.

Trading happily ever World Cup!

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