The Web Tycoon’s blog

Every modern Hotel owner should know the potential of hotel Internet Marketing. In Fact it is not the same having a website than promoting your business with it. This article is about how Evision can help you upgrade hotel Internet marketing to a new generation of online revenue optimization. This way, many Hotels have drastically increased his revenue.

When hearing about hotel Internet marketing, many people things about websites, in fact one of the services of Evision is Hotel Web design. But a simple template the photo of an hotel if you do not have content to encourage visitors to interact with your website.

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The Chinese president Hu Jintao, that begins Tuesday an official visit to the United States, considers that the prominence of the dollar in the international system “is something from the past”, and states to the United States the necessity to boost cooperation between both superpowers.

“Both win with a solid relationship between China and the United States and we lose if there is confrontation”, pointed the Chinese president in a written interview with The Wall Street Journal and Washington Post, where Hu Jintao avoided to answer specific questions about controversial subjects.

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The investment bank Merrill Lynch in his report of macroeconomic expectations for 2011, points that Portugal will need the rescue plans from the European Union, and Spain may also need It.

According the document, while the main problem of Portugal is the public sector, the one of Spain is mainly in the banks.

Merrill Lynch pointed that although “public finances are under control”, Spanish banks may need more capital, a risk that could be moved to the national debt. And at the same time, households may be pressed to pay his adept, a non very comfortable situation from the point of view of the 20% of unemployment. (more…)

The federal reserve said that will buy federal bonds for the value of $600Bn, something higher than the value expected by markets. The purchases will be made at a rate of $75Bn monthly until the second quarter of the next year.

The open committee of the Central Bank has taken the decision of inject other $600Bn to boost American economy, that a sluggish growth during the last months. During the third quarter of the year, the GDP grew by 2%.

For that reason, the Federal Reserve, will use this money to buy federal bonds until the end of the second quarter of the next year (June 2011), what means a monthly expenditure by $75Bn.

At the same time, the Federal Reserve of New York has also announced that will reinvest interests from already bought federal bonds, so the total volume would reach between $850Bn and $900Bn. Adding this amount, monthly debt purchases would reach a maximum of $112,5Bn.

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Due to the exchange war, Washington attacked  Beijing again to obtain a raise in Yuan currency prices.

This time, the method was a call to the members of the G-20 to allow stable currency crosses in order to improve the stability in the world market.

To brake the cry to the exchange war , Washington proposed a limit by 4% both for deficit and for surplus

in the import/export balance. The idea hasn’t been very popular among exporter countries.

In a letter sent to the ministers who will meet again today in Gyeongju (South Corea), the treasury secretary of the United States, Timothy Geithner, urged to “ease an ordered rebalance of global demand” and “reject to use of exchange policies to gain competiveness”.

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The federal reserve, as analysts forecasted, recognized that early will be a good time to use the money machine and ad more dollars in the system.

This is the conclusion that reached several members of the Open Market Committee of the Federal Reserve in his last meeting on September 21^st. According some data released this week.

In this meeting the civil servants coincided in that insert more money as measure to stimulate the economy of the United States will be “early” appropriate. This injection will arrive “earlier than the expected”.

There is a consensus in the Federal Reserve about the idea that the injection of dollars in the system can begin if the economic situation requires so.

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American investors are very happy with macroeconomic news, The GDP growth, over the forecasted, and the fall of weekly unemployment helped to make this September an excellent one in Wall Street.

Although doubts spread by the Federal reserve after his last meeting, Wall Street closed his best September since 1939.

Macroeconomic news have been very good for Wall Street

The Macroeconomic data is favorable to the interests of Wall Street. The GDP growth during the second quarter was 0f 1.7%, over the 1.6% forecasted by analysts. Although Wall Street made a positive interpretation of the figure, this means a stagnation of GDP growth, that in the second quarter of 2009 was by 5%, and in the first quarter of 2010 by 3.7%.

The other great new in Wall Street are the weekly demands of unemployment subside, according figures given by government, in the past week have been reduced to 453000, improving expectations of Wall Street, that expected a fall to 460000.

With these references the screens of Wall street are green .

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China increased his purchases of debt from the treasure of the United States in July after two months of net sales, informed yesterday the official newspaper “China Daily”, looking forward for the visit of the Chinese Prime minister, Wen Jiabao, to New York.

The amount of debt from the United States owned by China, slightly grew in June to $846.7 Bn, according official figures, so China continues being the main borrower of the United States although the concern on Barack Obama’s administration.

The growth of Chinese purchases coincided with the last call of the Treasury secretary of the Unites States, Timothy Geithner to persuade Pekin to perform a significant and sustained increase of the price of Yuans, with the objective to obtain a more equilibrate a bilateral economy.

During the first seven months of the year, exports from the United States to China grew by 36% yearly, while the ones from China to the United States grew by 21%.

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The price of gold reached a new historical maximum as doubts are growing in the markets. Gold is one of the most popular refuge assets, specially nowadays that reached the price of $1,270 per Oz.

Investors turned again to a more defensive profile. Stock markets are returning to get stuck, and the interest moves to other “alternative “ markets, like the commodities.

Price of gold recorded one of the highest daily rises since the past month of may, near the 2%, and during his skyrocket reached to surpass the barrier of $1,270 per Oz. Futures, for dispatch in December, show inter-day maximums over $1,273.

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The president of the United States, Barack Obama,after releasing his plans to reactivate the labor market with a investment of $50 Bn to modernize the infrastructure network in the United States, Barack Obama will soon release the fiscal changes with which wants to stimulate the corporate market in the United States.

The new stimulus package by Barack Obama will include fiscal measures like the deletion of taxes for all investments in machinery and equipments made by American companies during 2011.

With this measure, Barack Obama pretends to benefit 1.5 Millions of companies, this could suppose a total amount of $200Bn a year in fiscal savings.

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