1) The Norwegian economy has stabilized after experiencing a downturn due to the global financial crisis. Inflation remains low and within the central bank's target range.
2) The central bank implemented extraordinary monetary policy measures including low interest rates and liquidity measures to support the economy during the crisis. It is now unwinding these measures as conditions normalize.
3) Looking forward, the central bank projects continued moderate economic growth in Norway, supported by a recovery in trading partners and domestic demand. Inflation is expected to remain low and stable.
The School of Business and Economics at Lynchburg College, in conjunction with the Lynchburg Regional Chamber of Commerce, hosted the spring Economic Outlook Conference on February 1, 2012. Roy Webb, Senior Economist and Research Advisor with the Richmond Federal Reserve Bank, spoke to an audience of approximately 100 people about national economic conditions.
Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit
Focus on Gold: Challenges of gold mining in the US – reopening the Drumlummon Mine in Montana
20 May 2010
by David Wilson - Societe Generale
World Economic Situation And Prospects 2009 2010icgfmconference
Robert Vos, Director, Development Policy and Analysis Division, Department of Economic
and Social Affairs, United Nations
Mr. Vos is responsible for two of the UN’s flagship reports, the World Economic and Social
Survey and the World Economic Situation and Prospects. He also serves on the Secretariat
of the United Nations’ Committee for development policy. During his presentation, Mr. Vos
will introduce current analysis of the short- and long-term economic outlook.
Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit
Panel Discussion: Outlook for the Precious Metals Markets
20 May 2010
by David Wilson - Societe Generale
Bill Fisher - RX Exploration
David Hargreaves - Fair Trade Gemstones
The School of Business and Economics at Lynchburg College, in conjunction with the Lynchburg Regional Chamber of Commerce, hosted the spring Economic Outlook Conference on February 1, 2012. Roy Webb, Senior Economist and Research Advisor with the Richmond Federal Reserve Bank, spoke to an audience of approximately 100 people about national economic conditions.
Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit
Focus on Gold: Challenges of gold mining in the US – reopening the Drumlummon Mine in Montana
20 May 2010
by David Wilson - Societe Generale
World Economic Situation And Prospects 2009 2010icgfmconference
Robert Vos, Director, Development Policy and Analysis Division, Department of Economic
and Social Affairs, United Nations
Mr. Vos is responsible for two of the UN’s flagship reports, the World Economic and Social
Survey and the World Economic Situation and Prospects. He also serves on the Secretariat
of the United Nations’ Committee for development policy. During his presentation, Mr. Vos
will introduce current analysis of the short- and long-term economic outlook.
Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit
Panel Discussion: Outlook for the Precious Metals Markets
20 May 2010
by David Wilson - Societe Generale
Bill Fisher - RX Exploration
David Hargreaves - Fair Trade Gemstones
SERI 2011 Korea Economic Forum
External risks continue to threaten the global economy but Korea’s economic growth will likely improve in the second half of 2011 and free trade agreements are poised to increase expansion substantially. Those were among the points made at the Korean Economic Forum, co-hosted by Samsung Economic Research Institute and the Korea JoongAng Daily at the Hotel Shilla on May 25. Among the many distinguished guests were ambassadors, CEOs and foreign correspondents.
External risks continue to threaten the global economy but Korea’s economic growth will likely improve in the second half of 2011 and free trade agreements are poised to increase expansion substantially. Those were among the points made at the Korean Economic Forum, co-hosted by Samsung Economic Research Institute and the Korea JoongAng Daily at the Hotel Shilla on May 25. Among the many distinguished guests were ambassadors, CEOs and foreign correspondents.
Chris Caton, Chief Economist at BT Financial Group, presented his economic preview for AIM NSW & ACT this week. "Share markets are still slightly cheap" is just one of the key findings. Read more in the attached slide show.
Economic Trends, a copy of the presentation delivered by Andrew Johnson, Senior Economist at EEF from the CIM East of England Summer Marketing Conference held on 9 June 2011 at ARU, Chelmsford
Dr Jeff Borden, Director of the Center for Online Learning,
Vice President of Instruction & Academic Strategy, Pearson eCollege, Denver
Presentation at 'Online and open access learning in HE: MOOCs, new pedagogies and business models' conference (5 February 2013, Senate House, London).
Развитие финансового сектора Казахстана в посткризисный периодАО "Самрук-Казына"
Презентация к докладу заместителя председателя Национального банка Казахстана Данияра Акишева на казахстанско-американском инвестиционном форуме в Нью-Йорке 7 декаьря 2011 года.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
1. Outlook for the Norwegian Economy
Deputy Governor Jan F. Qvigstad
Sparebank 1, Fredrikstad
4 November 2009
2. Inflation
Moving 10-year average1) and variation2) in CPI3). Per cent. 1980 – 2009
14 14
12 12
CPI Inflation target
10 10
8 8
6 6
4 4
2 2
0 0
1980 1985 1990 1995 2000 2005
1) The moving average is calculated 7 years back and 2 years ahead Sources: Statistics Norway and Norges Bank
2) The band around the CPI is the variation in the CPI adjusted for tax changes and excluding
energy products in the average period, measured by +/- one standard deviation
3) Estimate based on projections for 2009 – 2011 from Monetary Policy Report 3/09
2
3. Credit risk for selected Money market
banks spreads1)
Measured by CDS spreads. Basis 5-day moving average. Percentage
points. points.
5 January 2007 – 22 October 2009
1 January 2007 – 22 October 2009
700 700 4 4
Citigroup Norway 2)
600 JP Morgan 600 US
3 Euro area 3
500 500
400 400
2 2
300 300
200 200
1 1
100 100
0 0 0 0
Jan-07 Oct-07 Jul-08 Apr-09 Jan-07 Oct-07 Jul-08 Apr-09
1) Spread between 3-month money market rate and market key rate
expectations
2) Norges Bank’s projections Sources: Bloomberg, Thomson Reuters and Norges Bank
3
4. Indicator of world Manufacturing in OECD
trade1) and emerging markets
Index, January 2002 = 100. 12-month change. Per cent.
January 2002 – August 2009 January 2002 – August 2009
300 300 25 25
20 20
250 250 15 15
10 10
200 200
5 5
150 150 0 0
-5 -5
100 100 -10 OECD -10
Eastern Europe
-15 -15
50 50 Asia
-20 Latin America -20
0 0 -25 -25
2002 2004 2006 2008 2002 2004 2006 2008
1) The index is constructed on the basis of the sum of exports and imports in the
Sources: Thomson Reuters and Norges Bank
US, Japan, Germany and China. The figures are converted into USD
4
5. International equity markets
Equity prices Implied volatility
Index, 1 January 2007 = 100. Standard deviation in basis points.
5-day moving average.
1 January 2007 – 22 October 2009
5 January 2007 – 22 October 2009
120 120 100 100
100 100 Euro area US
80 80
80 80
60 60
60 60
Euro area 40 40
40 40
US
20 20 20 20
0 0 0 0
2007 2008 2009 2010 2007 2008 2009
Source: Thomson Reuters
5
6. Oil price (Brent Blend) Commodity prices
In USD per barrel. In USD. Index.
Spot and futures prices Spot and futures prices
160 160 650 650
Copper
Brent Blend
140 140 Cotton
550 550
22 October
120 120 Aluminium
11 June 450 Wheat 450
100 100
80 80 350 350
60 60
250 250
40 40
20 20 150 150
0 0 50 50
2002 2005 2008 2011 2002 2005 2008 2011
Sources: Thomson Reuters and Norges Bank
6
7. Spare capacity in Crude oil and refined
OPEC product inventories, US
Million barrels a day. Monthly
figures. In billions of barrels. January 2003 –
January 2000 – December 2010 October 2009
8 1.15 1.15
Spare capacity
7 1.10 1.10
Projections from
6 EIA
1.05 1.05
5
1.00 1.00
4
0.95 0.95
3
0.90 0.90
2
Min-max 2003-2008
0.85 2009 0.85
1 2008
Average 2003-2008
0 0.80 0.80
2000 2002 2004 2006 2008 2010 Jan Apr Jul Oct
Source: Energy Information Administration (EIA)
7
8. Key rates and estimated forward rates as at
22 October 20091)
Per cent. 1 June 2007 – 31 December 20122)
7 7
6 6
US
5 5
Euro area
4 4
3 3
2 2
1 1
0 0
2007 2008 2009 2010 2011 2012
1) Thin lines show estimated forward rates as at 22 October 2009. Forward rates are derived from Overnight Indexed
Swap (OIS) rates
2) Daily figures from 1 June 2007 and quarterly figures from 22 October 2009 Sources: Thomson Reuters and Norges Bank
8
9. Effective exchange rates1)
Index, week 1 2000 = 100. Weekly figures. Week 1 2000 – week 43 2009
160 160
Australia
New Zealand
140 140
Canada
Norway
120 120
100 100
80 80
2000 2002 2004 2006 2008
1) A rising curve denotes a stronger exchange rate Sources: Thomsen Reuters and Norges Bank
9
10. GDP growth
Growth on previous quarter. Seasonally adjusted. Per cent.
2007 Q1 – 2010 Q4
2 2
Mainland Norway
1 1
Trading partners
0 0
-1 -1
-2 -2
-3 -3
2007 2008 2009 2010
Sources: Statistics Norway and Norges Bank
10
11. Countercyclical policy using unconventional
measures
expansionary fiscal policy
low key rate
extraordinary monetary policy measures
Swap arrangements
Liquidity supply
Other extraordinary measures
Norwegian State Finance Fund
Government Bond Fund
funding for export industries
11
12. Unwinding the extraordinary measures
In recent months Norges Bank has
not supplied NOK liquidity through FX swaps
not supplied liquidity through foreign exchange
market
not provided krone liquidity at long maturities
Banking system liquidity normalised further
The swap arrangement is being phased out
Easing of collateral requirements will be reversed
Share of banks borrowing facilities collateralised by bank
bonds will be reduced
12
13. Petroleum investment
At constant 2006-prices. In billions of NOK. 1983 – 2012
140 140
120 120
100 100
80 80
60 60
40 40
20 20
0 0
1983 1986 1989 1992 1995 1998 2001 2004 2007 2010
Sources: Statistics Norway and Norges Bank
13
14. Real exchange rate
Deviation from mean over the period 1970 – 2008.
Per cent. 1970 – 20091)
20 20
15 Relative consumer prices Relative wages 15
10 10
5 5
0 0
-5 -5
-10 -10
-15 -15
-20 -20
1970 1975 1980 1985 1990 1995 2000 2005
1) The
squares show the average for the period 16 – 22
October 2009. A rising curve indicates weaker Sources: Statistics Norway, Technical Reporting Committee on
competitiveness Income Settlements, Ministry of Finance and Norges Bank
14
15. Bank credit standards for enterprises and
households
Change in credit standards since previous period1). 2007 Q4 – 2009 Q4
40 40
Enterprises Households
20 20
Easing
0 0
-20 Tightening -20
-40 -40
-60 -60
-80 -80
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
1) Red dots indicate expected developments and blue bars indicate actual developments Source: Norges Bank
15
16. Household credit from domestic sources1)
and house prices
12-month change. Per cent. January 2002 – October 2009
25 25
20 20
15 15
10 10
5 5
0 0
Household credit
-5 -5
House prices
-10 House prices in Østfold -10
-15 -15
2002 2003 2004 2005 2006 2007 2008 2009
1) C2 Sources: Statistics Norway and the real estate industry (NEF EFF FINN.no og ECON Pöyry)
, ,
16
17. Household expectations
Net figures. Quarterly figures. 1992 Q4 – 2009 Q3
40 20
Monthly figures for October2009
30 15
20 10
10 5
0 0
TNS Gallup, left-hand scale
-10 -5
Forbrukermeteret (CCI), right-hand scale
1)
-20 -10
1992 1994 1996 1998 2000 2002 2004 2006 2008
1) Quarterly figures based on monthly observations Sources: TNS Gallup, Opinion and Norges Bank
17
18. Structural non-oil deficit and expected return
on the Government Pension Fund – Global
In billions of 2010-NOK. 2007 – 2012
160 160
140 Structural non-oil deficit 140
120 Expected real return 120
100 100
80 80
60 60
40 40
20 20
0 0
2007 2008 2009 2010 2011 2012
Sources: Ministry of Finance and Norges Bank
18
19. LFS unemployment as percentage of labour
force
Annual figures. 1971 – 2010. Projections are shown by broken lines
14 14
Sweden US Norway UK Germany
12 12
10 10
8 8
6 6
4 4
2 2
0 0
1970 1974 1978 1982 1986 1990 1994 1998 2002 2006 2010
Source: OECD
19
20. Unemployment in Norway
As percentage of labour force. Seasonally adjusted.
January 2002 – October 2009
6 6
5 5
4 4
3 3
2 Registered unemployment
2
1 Registered unemployment in Østfold
1
0 0
2002 2003 2004 2005 2006 2007 2008 2009
Sources: Statistics Norway, Norwegian Labour and Welfare Administration (NAV) and Norges Bank
21. Annual wage growth and LFS unemployment
Per cent. 1993 – 2010
8 8
Annual wage growth Unemployment rate
7 7
6 6
5 5
4 4
3 3
2 2
1 1
0 0
1993 1996 1999 2002 2005 2008
Sources: Statistics Norway, Technical Reporting Committee on Income Settlements and Norges Bank
21
22. Inflation
12-month change. Per cent. January 2006 – December 2012
7.5 7.5
CPI CPIXE
5 5
2.5 2.5
0 0
-2.5 -2.5
2006 2007 2008 2009 2010 2011 2012
Sources: Statistics Norway and Norges Bank
22
23. Projected key policy rate in baseline
scenario with fan chart
Quarterly figures. Per cent. 2007 Q1 – 2012 Q4
9 9
8 90% 70% 50% 30% 8
7 7
6 6
5 5
4 4
3 3
2 2
1 1
0 0
2007 2008 2009 2010 2011 2012
Source: Norges Bank
23
24. Outlook for the Norwegian Economy
Deputy Governor Jan F. Qvigstad
Sparebank 1, Fredrikstad
4 November 2009