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Metal Casting Technologies : September 2005
2. Persistent deficits in the US maintain a weak dollar and exacerbate the instability of currencies now divided into three main monetary zones: Dollar, Euro and Yen. 3. Asia's strong appetite for raw materials and the US need for capital increase the prices for commodities and money. 4. A rise in interest rates, especially in the US, can in turn jeopardise economic growth and hamper the borrowing capacity of many emerging nations. 5. As a consequence, inflation that had completely disappeared because of the intensity of global competition resurfaces as a source of concern. 6. A growing gap is also developing between the performance of the global economy, which is good, and the domestic sector, which is less buoyant, especially in Europe. 7. A similar disparity occurs between Anglo-Saxon economies, which thrive on consumption, and sometimes debt, and other nations mainly in Continental Europe and Asia, which prefer to thrive on investment and saving. 8. A significant disparity in labour costs among industrialised and emerging nations continues to be the main factor for the relocation of activities worldwide. FEATURE Sample preparation for spectroscopy (XRF/RFA, Emission, AAS, ICP, X-Emission) Remelt and fusion units for metalic and oxidic samples. Microwave chamber dryers up to 50 m3, 150 kW with air circulation. Drying and curing of cores and moulds. Phone: +49 9665 9140-0 • Fax: +49 9665 1720 • firstname.lastname@example.org www.linn.de Induction precision centrifugal fine casting systems Supercast Titan. Up to 1,2 kg Ti/TiAl, 3,0 kg Au, 1,5 kg Pt, 0,5 kg Mg. WHAT IS THE WCY? • Competitiveness of 60 economies, using 314 criteria • Focuses primarily on Hard data (2/3 from international, regional and national sources) • Survey data (1/3) -- from the annual WCY Executive Opinion Survey 2005 • Published since 1989 without interruption and earliest publication every year • Worldwide reference point with objective benchmarking • Reliable and up-to-date data with unique network of 57 Partner Institutes worldwide 68 www.metals.rala.com.au