Protest in Taiwan
Thousands of Taiwanese protested to China’s envoy meeting with Taiwan negotiator for trade talks in Taiwan recently. Some of the people in the Island are still thinking that the bilateral negotiation on economy between China and Taiwan may pave the way to unification. The demonstration that has been sponsored by Democratic Progressive Party was organized purposively to pass the message to the President of Taiwan, Ma Ying-jeou, that his signature on policy of tightening economic links with Beijing is threatening the well-being of Taiwan's people and paving the way for a Chinese takeover.
US Economy
US household expenditures are recorded to improve slightly by 0.7 per cent and incomes climbed up to 0.5 per cent. This is factored by the government’s easy monetary policy whereby the interest rate is pushed down to spur lending and also combined with discounts by merchants like Best Buy .co that may encourage the consumers to keep buying in coming months. Moreover, consumers’ confidences also take a major concern of this positive growth. The slowdown in the pace of job cuts and higher stock price are boosting consumer sentiment. All of these signs giving to retailers and real-estate agents reasons to anticipate business will improve in 2010.
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