| |
http://quote.bloomberg.com/apps/news?pid=10000006&sid=atQjxQiQeANA&refer=home<
©緣生術數研究社 -- 術數研究 8@*
Bill Gates, World's Richest Man, Bets Against Dollar (Update2)\aa@
©緣生術數研究社 -- 術數研究 :x'^JD
Jan. 29 (Bloomberg) -- Bill Gates, the world's richest person with a net worth of $46.6 billion, is betting against the U.S. dollar.j4j
©緣生術數研究社 -- 術數研究 W{4[&
``I'm short the dollar,'' Gates, chairman of Microsoft Corp., told Charlie Rose in an interview late yesterday at the World Economic Forum in Davos, Switzerland. ``The ol' dollar, it's gonna go down.''#cb/t
©緣生術數研究社 -- 術數研究 [v&
Gates's concern that widening U.S. budget and trade deficits are undermining the dollar was echoed in Davos by policymakers including European Central Bank President Jean-Claude Trichet and German Chancellor Gerhard Schroeder./O7P
©緣生術數研究社 -- 術數研究 PB!dD
The dollar fell 21 percent against a basket of six major currencies from the start of 2002 to the end of last year. The trade deficit swelled to a record $609.3 billion last year and total U.S. government debt rose 8.7 percent to $7.62 trillion in the past 12 months.*m6Xw
©緣生術數研究社 -- 術數研究 4i)
``It is a bit scary,'' Gates said. ``We're in uncharted territory when the world's reserve currency has so much outstanding debt.''m
©緣生術數研究社 -- 術數研究 M&mk
A week before Group of Seven officials meet to discuss currency policy, Trichet repeated the ECB's concern over the dollar's drop to record lows against the 12-nation euro currency.i
©緣生術數研究社 -- 術數研究 `
Euro RallyH&l.i
©緣生術數研究社 -- 術數研究 e
The euro rose as high as $1.3666 per on Dec. 30 and last bought $1.3045. A stronger euro reduces the competitiveness of European exports and crimps growth among the nations sharing the currency.#
©緣生術數研究社 -- 術數研究 B2-CXR
``The governing council of the ECB has repeated a very, very short sentence, namely that the sharp moves upwards of the euro were unwelcome and that we thought they were counterproductive from the economic growth perspective,'' Trichet said at a Davos panel discussion today.?M
©緣生術數研究社 -- 術數研究 *,O|pw
The last meeting of G-7 finance ministers in Washington in October said that exchange rates should reflect economic fundamentals and that excess volatility in currencies is ``undesirable.''&J
©緣生術數研究社 -- 術數研究 y*
U.S. growth reached a five-year high of 4.4 percent in 2004, outpacing Europe for the 11th time in 12 years. The euro region probably grew 2.1 percent, according to European Commission estimates._c<J4I
©緣生術數研究社 -- 術數研究 %E
Deficit Risks!R:z
©緣生術數研究社 -- 術數研究 l
U.S. President George W. Bush is pledging to clamp down on spending to halve the budget deficit -- $427 billion in the 12 months through Sept. 30 -- during his second term. The administration releases its fiscal 2006 budget on Feb. 7.M
©緣生術數研究社 -- 術數研究 #Vh+Wm
The U.S. budget shortfall is ``the No. 1 risk, disregarding geopolitical risks'' to the global economy, German Deputy Finance Minister Caio Koch-Weser said in a Jan. 27 interview in Davos. He urged Bush to present a ``credible'' plan for getting the deficit under control.m_RZa
©緣生術數研究社 -- 術數研究 %
Chinese central bank adviser Yu Yongding said in Davos the U.S. government should do more to tackle its record current- account deficit and ease pressure on China to loosen its currency's peg to the dollar.bST
©緣生術數研究社 -- 術數研究 9Mk3,q
``The U.S. should take the lead in putting its own house in order,'' Yu said. ``It's the root cause'' of global imbalances. ``China will make its contribution, but the world should not put disproportionate pressure'' on the country.un8q
©緣生術數研究社 -- 術數研究 ^c7*
Deficit Cutting}6G
©緣生術數研究社 -- 術數研究 c(R
U.S. policymakers including Trade Representative Robert Zoellick defended Bush's deficit-reduction plans and blamed the U.S. trade gap on sluggish growth in Europe and Japan, which reduces foreign demand for American goods.E
©緣生術數研究社 -- 術數研究 l2azE[
``One has to get the budget deficit down, but the question is how do you do it,'' Zoellick said today on the same panel with Trichet. ``It's at least our view that you want to do it by slowing the growth of spending.''ztpjF
©緣生術數研究社 -- 術數研究 h
Gates reflected the views of his friend Warren Buffett, the billionaire investor who has bet against the dollar since 2002. Buffett said last week that the U.S. trade gap will probably further weaken the currency..9
©緣生術數研究社 -- 術數研究 .AaU
``Unless we have a major change in trade policies, I don't see how the dollar avoids going down,'' Buffett said in an interview with CNBC Jan. 19.zwzLt
©緣生術數研究社 -- 術數研究 +z,,A>
Gates in December joined the board of Berkshire Hathaway Inc., the investment company that Buffett runs. Forbes magazine's list of billionaires ranks Gates, 49, No. 1. Buffett, 74, is second, with more than $30 billion. Almost all of it is in Berkshire stock.1#.4V|
©緣生術數研究社 -- 術數研究 dSQHR
Gates described China as a potential ``change agent'' for the next two decades. ``It's phenomenal,'' Gates said. ``It's a brand new form of capitalism.''d?w
©緣生術數研究社 -- 術數研究 (Nlls
Gates's $27 billion foundation in September received approval from China's foreign-currency regulator to invest as much as $100 million in the nation's yuan shares and bonds.;u;
| | |
|
|
|
頂端 
加到"我的最愛"
主題管理：
總固頂 
取消總固頂 
短訊息
查看
搜尋
通訊錄
引用
回覆
只看我
2005/01/31 03:51am 
IP: 已設定保密