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Be n 2 6 - 2 0 1 3 in re v ie w A s w e [1 ]_ _ _ _ _ _ _ _ _ _ in th e N e w Y e ar, its w o rth tak in g a m o m e n t to se e h o w th is y e ars m ajo r b u sin e ss th e m e s h av e [2 ]_ _ _ _ _ _ _ _ _ _ o u t.

W h ile [3 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ o f gro w th an d d ip s in u n e m p lo y m e n t h av e b ro u gh t re lativ e stab ility to E u ro p e an d th e U S , an aly sts at N o m u ra [4 ]_ _ _ _ _ _ _ _ _ _ _ p o lic y c h an ge s th at m ay [5 ]_ _ _ _ _ _ _ _ _ _ _ glo b al [6 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ in th e lo n g- te rm : T h e n e x t fiv e y e ars h as to b e ab o u t a [7 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ to w ard s th e 're al e c o n o m y ' an d th e b o tto m 9 0 p e rc e n t, at th e e x p e n se o f th e to p 1 0 p e rc e n t. T h is sh ift in p o lic y e m p h asis w ill n o t b e a h ap p y tim e fo r fin an c ial m ark e ts an d [8 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ , b u t in th e lo n g te rm it w ill b e se e n as a m ajo r p o sitiv e e v e n t. T h e stan d o ff in W ash in gto n o v e r fe d e ral sp e n d in g an d th e d e b t lim it le d to a 1 6 - d ay fe d e ral go v e rn m e n t [9 ]_ _ _ _ _ _ _ _ _ _ _ _ in O c to b e r an d b ro u gh t th e U S c lo se to a p o te n tial d e fau lt. A last-m in u te d e al p u t o ff th e n e x t [1 0 ]_ _ _ _ _ _ _ _ _ _ figh t u n til e arly n e x t y e ar, b u t as E c o n -M atte rs e x p lain s, n o n e o f th e o p tio n s are ap p e alin g. T o av o id th e re c u rrin g d e b t c e ilin g [1 1 ]_ _ _ _ _ _ _ _ _ _ _ _ , W ash in gto n h as to ad d re ss h o w to c u t fe d e ral [1 2 ]_ _ _ _ _ _ _ _ _ _ _ _ an d /o r in c re ase re v e n u e s. U n fo rtu n ate ly , an y fe d e ral re v e n u e in c re ase w ill in v o lv e so m e k in d o f tax in c re ase m o stly to th e m id d le - in c o m e c lass. A n d c u ttin g th e fe d e ral sp e n d in g se e m s to b e in th e c o n stan t m o d e o f o n e ste p fo rw ard , tw o ste p s b ac k . [1 3 ]_ _ _ _ _ _ _ _ _ _ _ _ m ark e ts, asid e fro m C h in a, p o ste d su b p ar re su lts in 2 0 1 3 , y e t th e ir jo in t in p u t to w ard th e glo b al G D P is [1 4 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . A s Bu sin e ss In sid e r n o te s, b y ad d in g an o th e r gro u p o f c o u n trie s to th e m ix an im p re ssiv e p ic tu re b e gin s to tak e sh ap e : T h e slo w d o w n in th e [1 5 ]_ _ _ _ _ _ _ _ _ _ e c o n o m ie s is fo r re al, b u t sin c e th e e n d o f 2 0 1 0 , th e ir c o m b in e d G D P h as still rise n b y aro u n d $ 3 .5 trillio n ; n e arly [1 6 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ to G e rm an y s e c o n o m y . T ak in g th e m c o lle c tiv e ly , th e y to tal m o re th an $ 1 5 trillio n , c re e p in g c lo se r to th e size o f th e U S e c o n o m y . T h ro w in th e M IN T s an d a c o u p le o f o th e rs an d y o u ge t u p to $ 2 0 trillio n q u ite e asily . 2 0 1 3 A ll righ ts re se rv e d : w w w .b u sin e sse n glish p o d .[1 7 ]_ _ _ _ _ _ _ _ _ _ 2 W ith u n c e rtain ty alw ay s a [1 8 ]_ _ _ _ _ _ _ _ _ _ _ _ aro u n d glo b al m ark e ts, te c h n o lo gy an d in n o v atio n c o n tin u e to p av e th e w ay . Re se arc h firm C an aly s [1 9 ]_ _ _ _ _ _ _ _ _ _ _ _ tab le ts to m ak e u p 5 0 % , o r 2 8 5 m illio n u n its, o f th e c o m p u te r m ark e t n e x t y e ar, ju m p in g to n e arly 4 0 0 m illio n b y 2 0 1 7 . F am iliar fac e s w ill c o n tin u e to b e at th e [2 0 ]_ _ _ _ _ _ _ _ _ _ _ _ _ , th an k s in p art to th e u se r e x p e rie n c e th e y v e c re ate d th o u gh G o o gle P lay an d th e A p p S to re . A lth o u gh A p p le h as lo st its [2 1 ]_ _ _ _ _ _ _ _ _ _ _ _ _ in th e tab le t m ark e t it p rac tic ally in v e n te d , it n o n e th e le ss m ain tain s th e e d ge in p ro fitab ility fro m th e d e v ic e s. A p p le is o n e o f th e fe w c o m p an ie s m ak in g m o n e y fro m th e tab le t b o o m . [2 2 ]_ _ _ _ _ _ _ _ _ _ _ p ro d u c ts attrac t h igh v alu e [2 3 ]_ _ _ _ _ _ _ _ _ _ _ _ _ . A n d fo r A p p le , re m ain in g h igh ly p ro fitab le an d d riv in g re v e n u e fro m its e n tire e c o sy ste m is o f gre ate r im p o rtan c e th an m ark e t [2 4 ]_ _ _ _ _ _ _ _ _ _ . In an e ffo rt to [2 5 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ its se rv ic e s an d d e v ic e p ro d u c tio n , M ic ro so ft sn ap p e d u p stru gglin g h an d se t m ak e r N o k ia w h o h ad b e e n h e ad in g d o w n a ro c k y p ath in re c e n t y e ars. A s F o rb e s m agazin e e x p lain s, its a w in -w in fo r b o th p artie s: N o k ia h as lo st ab o u t 9 0 % o f its m ark e t sh are in th e last 1 0 y e ars an d its m o b ile d e v ic e b u sin e ss is n o w ab o u t to b e ab so rb e d in to M ic ro so ft. N o k ia is ge ttin g a se c o n d c h an c e at life an d in ste ad o f lu rc h in g to w ard [2 6 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ an d ru n n in g o u t o f c ash , it n o w ge ts th e c h an c e to re in v e n t itse lf w ith a b ig fat [2 7 ]_ _ _ _ _ _ _ _ _ _ to b u ild o r b u y w h ate v e r it w an ts. M e rgin g fash io n w ith te c h n o lo gy w ill c o n tin u e in th e y e ar ah e ad as m o re d ay -to -d ay p ro d u c ts are fitte d w ith sm art te c h n o lo gy . T h o u gh c o n su m e rs re m ain w ary o f [2 8 ]_ _ _ _ _ _ _ _ _ _ _ _ te c h n o lo gy , a fu tu re fu ll o f sm artp h o n e -c o n n e c te d w atc h e s an d fu tu ristic G o o gle G lasse s ap p e ars to b e o n th e h o rizo n . A s te c h n o lo gy e x p e rt P au l S affo te lls A BC , S am su n g an d A p p le are [2 9 ]_ _ _ _ _ _ _ _ _ _ _ o n c o n su m e rs h o p in g to stay ah e ad o f th e c u rv e : T h is is still th e w o rld o f e arly ad o p te rs, an d an e arly ad o p te r is so m e o n e w h o p ay s to o m u c h m o n e y fo r so m e th in g th at d o e sn 't q u ite w o rk . It's a [3 0 ]_ _ _ _ _ _ _ _ _ _ b e t th at th e A p p le d e v ic e is go in g to b e m u c h m o re c o o l an d e le gan t an d p ro b ab ly p re tty c lo se to a fash io n [3 1 ]_ _ _ _ _ _ _ _ _ _ _ _ _ . F o r m o st, Jan u ary 1 st is a tim e to tu rn o v e r a n e w le af. W h ate v e r h ap p e n s in 2 0 1 4 , th e ge n e ral [3 2 ]_ _ _ _ _ _ _ _ _ _ _ _ _ is th at th in gs are c e rtain ly m o v in g in a p o sitiv e d ire c tio n , m u c h d iffe re n t fro m p re v io u s y e ars. A s Bu sin e ss In sid e r c o n c lu d e s, w e m ay fin ally b e o u t o f th e w o o d s: T h e e u ro -are a is still a w o rk in p ro gre ss, C h in a p re se n ts m e an in gfu l q u e stio n m ark s, C o n gre ssio n al grid lo c k in th e U S c o u ld still th ro w san d in th e fe d e ral fisc al w h e e ls an d [3 3 ]_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ c an alw ay s su rp rise . Bu t, e n o u gh

Business English

C Prada / 2013

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