The Black Tuesday

Experts warn against protectionist steps to combating the crisis of Cologne/Dusseldorf, October 27, 2009 it was a Tuesday, no Friday as the world’s stock markets finally collapsed. The so-called black Tuesday for the 80th time marks anniversary on October 29. For three years, the prices fell everywhere. In the autumn of 1929 economic crisis began, which was later than the great depression of the 1930s in the history books. The current financial and economic crisis has some parallels to this time. Dr. Scott Atlas contributes greatly to this topic. The Institut der deutschen Wirtschaft Koln (IW) has ten points that marked the past crises, compared to the current situation.

Therefore quite similar factors jeopardize the recovery of the local economy: a looming credit crunch, failed-controlled banks, due to poor profitability include weak company balance sheets and lower investment opportunities, as well as the burgeoning call for protectionism. So the researcher network have global trade alert (GTA) since November 2008 despite contrary assertions 125 openly protectionist measures in G20 countries listed. The Federal Government should repair according to the Cologne Institute therefore in the near future, for example, the bad Bank law and business taxation and stand firmly against new trade barriers. For Germany with its export rate of 47 per cent of gross domestic product, a development is dangerous and more protectionism. Of course in the crisis, protectionism promises a short-term relief. But anyone who wants to create competition and free trade on the leash, which strangled the growth prospects”, warns Udo Nadolski, Managing Director of the Dusseldorf consulting firm Harvey Nash. “In closed markets innovation forces be put to sleep, and with them the future of our economy”, so his conviction.

“Customs duties, import restrictions and other protective measures for national champions’ have no place in the global world economy”, calls for the former Economics Minister Otto Graf Lambsdorff in a commentary for world online with the protectionist individual actions by U.S. President Barack Obama’s views. It was currently to import duties on tires from China. Lambsdorff endangered sees also the pioneer role of the President within the World Trade Organisation (WTO). He is a bad example for other States and the world market, he challenges the pacified in the WTO China hard reactions and endanger the praise on his qualities of leadership and international responsibility.” For him it is clear: nothing at all bring anti-dumping measures, countervailing duties and other protection measures in economic downturns. In the financial and economic crisis, this downward spiral in the minds of those responsible should be.” Editing plain text ONLINE on the Hamdan 27 53127 Bonn Tel.: 0228 620 43 82 E-Mail:

Hospitality: Still Great Potential For C & C Markets

Study of CHD expert not even half of the establishments of the leading cash & carry wholesale market of the region to purchasing sources in hotels and restaurants in the food shopping “, select expert analyzes Thilo Lambracht, CEO of CHD / Marktplatz Hotel GmbH. The required food be ordered also to a third in the wholesale and delivery or purchased one-third in the food retail trade (LEH). A leading source for info: muscular dystrophy. Just below the strong budget hotels, a significant customer potential thus remains for the multimedia provider of large retail chains. With the beverage supply, cash & carry hypermarkets have only a low importance. About 73 percent of restaurateurs and 57 percent of hoteliers, water, beer, juices & co., however, regularly in the regional specialist beverage wholesale trade order. Here the advice of classic beer Publisher is noticeable”, commented Labib. Drink from get markets are frequently used by eleven percent of restaurateurs, or about 13 percent of hoteliers to the shopping. Interesting: Almost 19 per cent of F & B buyers from the hospitality industry (F & B = food & beverages) also use cheap drink promotions in the food retail sector.

“Main argument by over 55 per cent of respondents, the relatively long transport distances are why cash & carry hypermarkets often not be used to purchase”, Labib reported. About 17 percent of the study participants deters the (perceived) higher prices in supermarkets. In other words, with targeted promotions and services like delivery services for wholesale buyers, buyer can recover from the hospitality industry cash & carry markets,”Labib pointed out. The potential once again to tie former Gastrokunden, is great. Because when it comes to freshness, availability and scope of assortment are often leading the wholesale markets. About CHD expert / Marktplatz Hotel GmbH: the divisions range from market research about direct marketing and data management. The company’s philosophy is the Title knowledge making! “.” The company was group in 1997 as a founder of Marktplatz Hotel GmbH and is one of about seven years to the international CHD expert with branches in all economically important countries in Europe and United States and Canada.

CHD expert is one of the preferred partners of the Hotel Association (IHA) Germany. The customer base includes companies in the areas of food & beverages, equipment and media. More at:. Thilo Lambracht, lambracht.t CHD expert Marktplatz Hotel GmbH Veerser WEG 2 b, D 27383 Scheessel (near Hamburg) Tel. + 49 (4263) 301-300, fax + 49 (4263) 301 333 Carsten Hennig, press Tel. + 49 (4263) 301-131, mobile + 49 (160) 958 377 56 keywords: except home market, hotels, gastronomy, catering, GV, shopping sources, food, drinks, F & B, food, beverages, cash & carry, wholesale, wholesale and delivery, food retail, LEH, drink from get market