08/14/2013

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Without Economy However, yesterday was overtaken by the President who stressed that it was observed an inter-annual growth of 13.9%. A little cleaning this data (not the recognized by Indec) actual inflation whereas, in Argentina stays above 15% and taking into account that the levying of the month of March 2008 did not contain a good percentage of revenue by social security, the data can do nothing more than generate concern while Cristina Fernandez de Kirchner says: All are surprised at the strength that we are demonstrating. To get an idea of the stagnation observed by the tax revenue in the month of April, just remember that in the month of March it had experienced a growth of 23%. Several of the problems facing the Argentine economy were generated from the inside by errors of economic policy. By what can be seen, new errors in decisions on economic policy will continue impacting continue accumulating in the economy. Without doubt, if the Government decides to resort to the Argentine banking system to finance itself, it could be aggravating the adverse situation faced by the private sector. It is a displacement effect (crowding out) private credit, which will further limit access to credit for private may result. Perhaps one might think that this will not happen since the Government pretend to become part of the liquidity, but the entities pretend to recover part of the liquidity (and especially if the Government takes such action that increases the risks in the economy), by reducing its private loan portfolio. Thus, less access to credit can put a sector of companies in difficulties increasing the risk of bankruptcy. If you want to do a review of what has been so far Fernandez Cristina de Kirchner managing front of the Argentine presidency will observe as the decisions that...
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Mining Machinery Wear reduces the service life of mining machinery Since the reform and opening up, China s iron and steel products sales market is mainly concentrated in the machinery, construction, light industry, automobile, petrochemical, shipbuilding, railway and other industries, accounting for 85% of the total sales of steel products, among which, main varieties of steel used in coal mining, building materials, large mining equipment and power equipment industry is wear-resistant steel. With the rapid development of China s mining machinery manufacturing industry in recent years, the domestic market demand for steel continues to show rapid growth trend, especially wear-resistant cast steel products growing demand arises. In the development of wear-resistant materials, especially in wear-resistant cast steel products, domestic has made great progress, but it still cannot meet the needs on product upgrading of the various departments of the national economy. Wear is key factors that cause a large number of energy and raw material consumption. Hongxing Tips: wear is one of the main reasons for the failure of mechanical parts, it has a great impact on the life and reliability of the mechanical parts, its causes and manifestations are very complex. It has many classification methods and abrasive wear and fatigue wear account for 50% of the total metal wear in all kinds of material wear. In the industrial areas, abrasive wear and adhesive wear holds the largest proportion in the work piece wear failure. Under current working conditions, it is often several wear modes simultaneously or successively appear. In mining, metallurgy, machinery, coal, electric power, industries, petrochemical wear has become an important reason for the failure or material failure, but also one of the reasons causing economic losses. It shows that improving the quality of wear-resistant steel, developing new high-performance wear-resistant steel, as well as carrying out extensive and in-depth...