- Posted January 20, 2013 by
This iReport is part of an assignment:
Europe's financial crisis
2013 forecasts from around the world
We face a broader challenge—to defend the market economy amongst so many who suffered during the financial crisis. Men begin to question whether the merriment was worth the misery, especially when the misery was worse among the millions who had never got in on the merrymaking in the first place. Today as never global economy has unique chance to integriate all opportunities to reach their main goals. From this all 2013 is a chance to recovery global economy, but it's main can or not it?!
The world economy will remain very weak in 2013 even if solutions can be found to the crises in the Middle East and Europe. Greece's economy sharnk 6.2% year on year in the second quarter. Forecast annual growth for 2013-16 has also been revised down slightly from 2.7% to 3.0%. North America will do better than Europe, with GDP growth in 2013 put at 1.4% for the US and 2.3% for Canada. Many emerging economies are likely to see much weaker growth than before, slowing in China to about 3% by 2016, in India below 4% this year and next, in Brazil slowing to 2.1% this year and 3.1% in 2013. It comes as new GDP data from Greece showed its battered economy shrank by 6.2% in the second quarter of 2012, on a year-on-year basis. That is a slight improvement on the first quarter, when the economy contracted by 5.5%.
The bottom line is that we can't yet see any light in Greece
s recession tunnel, but at least the first-half contraction is not a large as in the second half of last year. Eurozone GDP is forecast to decline by 0.6 % this year and to show a small decline of 0.08 % in 2013.
According that global economy and economic situation is communicated with global Commodity market it's will be more interest to analyse commodity market datas in 2013 year, while it's more interesting point for global economy and for global citizens, on this depended countries socia-economic potential and other main points. As my view in 2013 year we will see some of different situation in commodity market such as:
1) Oil - According that 2012 year was for oil very fastest changable year, in 2013 year we will see stable situation in the oil market such as prices, limits and other points. In 2013 year Oil will range between: 75-95 $ for per barrel (Crude Oil) and over 99-114 $ for Brent oil.
2) Natural Gas average price will be $ 3.95/ Million BTU's
3) Aluminium - $ 2 400/Tonne
4) Copper - $ 9 000/tonne
5) Nickel - $ 21 800/tonne
6) Zinc - $ 2 200/tonne
7) Gold - $ 2 100/Ounce but for second scenario price will fall to 1250 $/ounce according from many reasons such as: financial situation, global conflicts, regulations and asian market news.
8) Silver - $ 43/Ounce
9) Platinium - $ 1836/ounce
10) Bearish - $ 0.95/pound
11) Sugar - $ 0.19/pound
12) wheat - $ 6.30 /bushel
2013 year will be a year for biggest global trends, than can change the world and global economy. I can follow you for the several global trends in in 2013 year:
1) The U.S. Energy boom
2) The Green movement may will become unstable
3) The end of the big box retailer
4) Limited food supply
5) Price are going higher and higher
6) Unmanned war
7) China ages
8) The mobile revolution
9) The commodity rush
10) The european crises continues
11) Rises demand for water
Totally the global economy can to reach it's new heights, but for this it would be better if the world business leaders make one direction to the world: Change is good, but not easy especially in business.
By Irakli Berdzenadze
International Personal Financial and Investment Consultant
Global Partner of Bauhaus Capital Partners in UAE, Kuwait, Qatar and Turkey
FB Page: https://www.facebook.com/pages/Personal-Financial-and-Investment-Consultant-Irakli-Berdzenadze/226112437440954?fref=ts
NOTE: Personal Financial and Investment Consultant Irakli Berdzenadze is a global consultant operating in 14 world destination: USA, Canada, Brazil, UK, Turkey, Russia, UAE, Kuwait, Qatar, Saudi Arabia, Egypt, Hon Kong, Singapore, India. Total managed and consulted potfolio is 571 million USD and today Irakli Berdzenadze is a consultant of several companies and recieves offers from different countries about consultancy service.