However, President Gao Xiqing said that his firm has not entirely given up on investing in the Eurozone. Many companies in the region show strong fundamentals and could create solid long-term growth.

The national crises in the Eurozone seem to be continuing to get worse. The IMF and ECB have been trying to save Greece from bankruptcy for two years. Nevertheless, the bailout initiatives those countries have implemented have clearly failed to inspire the changes they were hoping for. In fact, many citizens have been rioting against the austerity measures and many politicians are starting to do the same.

At the moment, Greece hasn’t even been able to select a new government. The people of Greece were unable to select a new leader in Sunday’s elections, which has forced the world to consider the possibility Greece will be forced to default in the next few months. A new politician would likely agree to uphold the terms of the IMF, ECB and other lenders in order to gain the backing of their constituents. However, in doing so they will likely be barring themselves from any future bailout arrangements. Without bailouts, they will be forced to default on their current loans.

According to Gao Xiqing, his firm has decided to move away from European markets a couple of years ago. They have looked towards emerging markets in the South Americas and Asia. At this point, they may be near phasing European investments out of their portfolios completely.

Although Xiqing is still moving away from European securities, the Bank of China has a different point of view. The central bank has said that it continues to invest in the ECB in order to sustain the value of its existing European investments.

Fortunately, there are a variety of ways you can cut your bill. Perhaps you have heard about some of these ideas before, but it is becoming more imperative than ever that you find new ways to keep your bill as low as possible. Try these tips to keep your bill down.

Having leaky plumbing or bad faucets can be one of the biggest reasons you are wasting water. Check your plumbing and replace anything that leaks at all. If you hear a faucet dripping at all, it is probably costing you far more than you would expect. That leaky faucet in your bathroom could be leaking several thousands gallons of water every single year if you don’t get it replaced.

Many people have heard they should take showers instead of baths to save money. However, you need to do the math and be realistic about your habits before you come to that conclusion. Taking a bath can three dozen gallons of water. A 7 minute shower can use the same amount of water. Of course, that assumes you are using an energy saving nozzle. Otherwise, the payoff is even lower.

If you are serious about trying to save water, you would need to limit your showers to a few minutes. If that isn’t a change you are willing to make, then you might want to reconsider giving up on baths.

More than half of water waste comes out of the bathroom. If you are trying to keep your water costs low, you are going to want to install fluid conservation systems and water saving shower heads to keep your water consumption to a minimum. Here are a list of some of the some of the energy savings devices the environmental agency recommends you purchase. Take an inventory of these items, which can help you cut your water bill considerably.

Although the cost of water continues to rise, you can still offset it by taking these steps. Lifestyle changes like this may be difficult to implement, but they can help you cut your bill by more than 40%.

The country has failed to elect a new government. This has created concern that the country will be unable to garner the political support needed to rebuild the economy and resolve the debt crisis. The two political parties have been negotiating the first half of the week in frantic efforts to create a new coalition.

During the meetings, the socialist regime has stated that Greece is no longer under any obligation to conform to the austerity demands imposed by the organizations that led the bailouts. This statement has created speculation that the new Greek government will be unwilling to implement these austerity measures, which may jeopardize their ability to receive future bailouts. Without another bailout in the future, Greece will have no choice but to default.

This has created concern that Greece could be forced to leave the eurozone, possibly within the next few months. The global financial community is still unsure what would happen to the single currency, Greece or the European banking system if Greece was forced out of the Eurozone.

Financial markets across Europe, Asia and the United States have all been hit very hard this past week. The FTSE 100 dropped nearly one and a half percent on Tuesday as British investors grow increasingly concerned over the developments on the other side of the continent.

The European Union speculates that Greece could be out of the Eurozone if one of its politicians chooses to defy the terms of the bailout agreement or create discord among their peers. Although most analysts feel this is an unlikely situation, it could have profoundly negative implications for the rest of Europe and the global financial communities.

A new group of politicians have been elected in the Eurozone, including Francois Hollande, who will replace Nicolas Sarkozy as the president of France. Sarkozy worked closely with German chancellor Angela Merkel to impose austerity measures on the rest of Europe. However, Hollande is vehemently opposed to any type of austerity. He said that France needs to increase spending and make whatever concessions needed to improve the direction of the economy.

Chancellor Merkel insists that 25 nations have signed an agreement, which includes a set of strict austerity measures. She said that the terms of that treaty are not negotiable.

Although many people have been criticizing Merkel, even so far as to reference her to Adolf Hitler, others sympathize with her position. Germany has been responsible for many of the bailouts to the Eurozone nations that are struggling to meet their financial requirements.

This leaves politicians bickering over whether they should resort to austerity measures or increased spending. Although the austerity measures have been creating massive havoc on the struggling eurozone countries, increased debt spending could lead to even greater economic instability. However, without some uniform agreement on what direction the continent needs to be headed, the eurozone will not be able to implement the changes necessary to reform the financial situation and create new stability for the eurozone.

Since the politicians leading France and Germany are headed in different trajectories, Germany will be responsible for controlling the debt crisis. However, the other countries in the Eurozone are starting to rebel against Germany and the austerity measures it is forcing upon them. As the economic situation gets worse, this could lead to additional worries. According to some economists, the chances of at least one nation leaving the eurozone in the next couple of years is now over 50%.

Nations throughout the world are hoping that the Eurozone can come to a solution before things deteriorate any further.

The United States Bureau of Labor Statistics reported that the country only produced 115,000 jobs throughout the month of April. This figure came in far lower than was previously expected. Over the last several months, the United States created jobs at a pace of about 250,000 a month. The smaller figure was an indication that the economic recovery may have lost steam.

Despite the drop in jobless claims, the unemployment rate dropped from 8.2 to 8.1%. However, this figure was anything but a silver lining. According to the BLS, this decline was largely due to the fact that more than 300,000 workers left the labor force. The shrinking labor force has been another area of contention in recent months.

Whether or not the United States economy will be able to regain momentum remains to be seen. The global community has hoped that the United States, Germany, France and China will avoid another recession. However, recent data from the United States shows that it still may have a long way to go before it gets through the period of economic stagnation. The report comes about a week after durable goods orders dropped the most in four months and several days after GDP was reported to have grown much more slowly than expected.

President Obama and Federal Reserve Chairman Benjamin Bernanke acknowledged that the country’s economy has a long way to go before it can fully recover. However, this news doesn’t bode well for Obama as he prepares for the upcoming election. His contender, Mitt Romney, has used the jobs report and other economic data as ammunition against Obama.

The nation hopes that the jobs recovery will begin to pick up steam in the coming months. the newest unemployment claims figure came in lower than expected, indicating that the job market may start to recover in May. However, economists also feel that the jobs market experienced much greater growth towards the beginning of the year due to a warmer than normal winter, which may have inspired employers to hire earlier than usual.

The new data suggests that the American jobs recovery has been slowing. The first piece of bad news came from the Bureau of Labor Statistics at the beginning of the month, when it announced that jobs creation was only half what it expected and what was reported in prior months. This was a complete shock to many analysts. Jobless claims had been the lowest they’d been in several years. Lower jobless claims are usually an indication of a strong labor market and stronger hiring.

The markets were particularly worried after the lackluster report. However, the news got worse, as jobless claims started to increase to a four month high. This has caused analysts to suggest that the disappointing jobs report at the beginning of the month may not have been an anomaly.

Economists have been particularly concerned with the data and have been wondering if it suggests that the nation could be headed back into a jobs recession. Independent payroll provider ADP has stated that the BLS figures are going to also be much lower than expected. The independent firm reported that only 119,000 jobs were created during the month of April. Analysts were expecting to see the 200,000 jobs reported last month.

However, the ADP number does not correlate perfectly with the BLS reports. There is traditionally a 75,000 margin of error between the two reports. However, the news isn’t encouraging, as the two reports tend to move in tandum with each other.

Investors all over the world are going to be looking closely at the jobs report coming out of the United States tomorrow. If the numbers are worse than expected, investors could hold out more hope that the Federal Reserve will begin another quantitative easing program. Another round of QE would help spur stock markets and some economists speculate it could help keep the United States from heading towards another recession.

Economists have stated that the United States is still experiencing growth, but the growth isn’t strong enough to spur confidence that the recovery will be sustainable anytime soon.

There have been a variety of issues that contributed to the drop in GDP. Although austerity measures have clearly played a key role, construction has also dropped by the most in three years. Combined with a drop in exports to the Eurozone, economists have a variety of reasons to be concerned.

Gross domestic product for the fourth quarter of 2011 dropped by 0.3%. Most economists projected a slight increase in GDP during the first quarter of the new year. However, instead it fell by nearly the same level as last quarter. Economists are having a more difficult time staying optimistic and the country is starting to demand solutions.

This situation presents a major challenge for Prime Minister Cameron as he tries to cut the deficit. Parliament wants Cameron to defend austerity measures when the country is threatened with new economic challenges. This announcement comes a couple of days after leaders from other European countries stated their opposition to engaging in more austerity measures.

The head of the European Central Bank is even on board, advocating that countries do away with any plans for austerity. He has come to stand by the French prime minister in his sudden stand against budget cuts. The United Kingdom’s parliament seems to be taking the same position.

Cameron realizes he must address all of these challenges, but feels he is in a little bit of a catch-22. He wants to ensure that the economy recovers. However, the government is working on one of the tightest budgets in the past 70 years.

The latest round of quantitative easing is coming to an end in May. However, Philip Rush and other economists believe that the government is going to be forced to engage in new rounds of economic stimulus measures as it attempts to pull the nation out of a new recession.

According to the FSA, these companies have a standard modus operandi which involves using high-pressured sales tactics to encourage customers to invest in shares of useless securities that can’t be traded. In some instances, they are selling counterfeit or nonexistent shares.

FSA investigators are looking into the issue and seeing what they can do to end the scheme. Unfortunately, catching many of the perpetrators may prove difficult, as some of them are based overseas using fictitious UK addresses. They have not been authorized to conduct business in the UK, but they are reaching out to hapless homeowners who don’t know they lack the credentials to launch a successful business.

Customers often buy pieces of land from land-backing companies because they could theoretically make out a significant return if the land ever got built on. However, most of the time the land will never be developed, leaving investors with little to no returns.

According to Jonathan Phelan, who oversees unauthorized business practices for the FSA, these companies rely on cold-calling customers. Phelan warns that customers who receive cold-calls need to be extremely suspicious. The people who collect phone numbers are psychopaths who will stop at nothing to separate people from their hard earned money.

Also, even if some of these companies are operating with the honest goal of creating an investment for their prospects, potential investors are still taking a huge risk. The fact is that these companies are not authorized to engage in the business they are pursuing, which means they will not be insured by the government. Their customers could sue the companies for any losses, but would likely receive little compensation from the government.

Phelan said that customers should check with the FSA to ensure their companies are legitimate before they hand over any money or personal details. They should also call the company through the number provided by the FSA rather than giving any details or transactions over the phone to any company who has cold-called them.

The FSA expects this is going to be a lengthy investigation and said they have never had to warn so many potential victims over a single scam.

The move towards austerity was viewed as the single best solution to bring the debt crisis in the eurozone under control. For a while, only debt-laden nations such as Greece, Spain, Portugal and Italy disagreed. However, more eurozone nations are starting to question the viability of austerity.

France has been Germany’s ally in trying to beat the other Eurozone countries into shape. They have supported Germany’s movement to impose austerity onto other Eurozone nations. However, France has recently changed its opinion on the best way to encourage an economic recovery. France prime minister front-runner François Hollande has stated that countries drowning in debt should focus on expanding their GDP through increased government spending. Hollande said that austerity measures have created a number of new concerns for the people of the Eurozone. Budget cuts and lowering the minimum wage has triggered despair and riots throughout Europe.

The Dutch government collapsed the same day Hollande went on record. The Dutch prime minister and his cabinet were unable to pass a budget. The entire cabinet of the Netherlands has resigned following that announcement.

The Eurozone is facing a greater dilemma than before. They now are struggling to assess how they are going to overcome the debt crisis. However, unless the nations of the Eurozone can agree on the best way to resolve the debt crisis, they will have a hard time making any progress.

Opposition to austerity continues to grow as nations find it too difficult to meet deficit reduction goals. Spain failed to meet their target a couple of weeks ago. Also, Greek citizens are starting to really feel the pinch and are rioting against the austerity measures that have been imposed on them in recent months. Although politicians are desperate for a solution to mounting levels of sovereign debt, they are also trying to find a solution that doesn’t create social unrest or suffering for their citizens. Hollande states that the austerity measures are doing just that.

Although the unemployment situation appeared to be improving in recent months, additional data weighs in to suggest that the economy may not be ready to improve anytime soon. New reports from the Office of National Statistics and the Labour department have found a number of new challenges for the global economy.

One of the challenges the economy faces is the fact that companies have continually decided to slow wage growth. According to the ONS, wage growth is now increasing at a rate of 1.1% a year. This presents a huge challenge for workers, considering that inflation is now at about 3.5%.

Although the lower unemployment rate was welcome to many people, it was also a misleading indicator of economic improvement. The lower unemployment rate dropped largely due to the number of people who were forced to take part-time work. An increased rate of inflation will be an even greater challenge for them.

Many economists are still calling for the Bank of England to expand its quantitative easing program. However, the inflation rate increases the risk of stagflation and many people are concerned that additional monetary stimulus could actually create more challenges for the economy. The rate of inflation has been dropping steadily over the past seven months. However, according to the deputy of the central banks, it is highly likely that it will stay over 3% for the rest of the year.

Another troubling factor is the youth unemployment rate. Although the rate has dropped in recent months, more than one in five workers between the ages of 18 and 30 are unemployed. This can be a major setback for the future of the economy, as greater numbers of older workers begin to retire.

Economists are particularly concerned about inflation, stating that it could set back the timeline of the recovery. The Committee in the Treasury said it was very concerned that previous estimates missed projections so badly.