​Japanese inflation highest in 23 years

AFP Photo / Yoshikazu Tsuno

Last month Japan's inflation rate hit its highest level since 1991 - 3.2 percent - as the government tries to tackle a 20-year deflationary slump. Experts say Japan should focus on increasing demand, not higher prices, if it wants healthy economic growth.

April data released Friday by Japan reflected the sales tax hike, which rose from 5 to 8 percent.

Japan’s Prime Minister Shinzo Abe introduced the tax increase to boost government revenue by about $48.4 billion (5 trillion yen) in the year until April 2015. It's almost 1 percent of GDP, and will help the country contain its massive quadrillion yen debt - twice the size of the economy.

The latest IMF assessment of Japan’s recovery said the expected export growth would offset the tax hike, as overseas demand should start recovering.

While the so-called “Abenomics” did have some effect, the annual inflation rate still remains below the 2 percent target set by the Central Bank, when the tax hike is factored out.

Experts say stimulating demand should be the focus, as it will provide the investment necessary for the much desired growth. They agree Japan still needs deep, structural reforms to support growth.

"The need for inflation to be meaningful in contributing to a stable and faster growing economy is through demand and not through the input of higher prices," AP quotes Stephan Danninger, the chief of the Asia and Pacific IMF division.

"Near-term risks to the outlook are balanced, but the sustainability of the recovery over the medium term is at risk," the IMF said.

A Japanese government report showed industrial production in the world's third-largest economy fell 2.5 percent from a year earlier. Household spending also decreased by 4.6 percent, compared to March’s rise of 7.2 percent. The unemployment rate remained unchanged at 3.6 percent, the same as a month earlier.

However, some analysts were more upbeat, with Martin Schulz, of Fujitsu Research Institute telling the BBC "both consumer spending and retail sales will start rising in the latter half of the year."

"Consumer spending has declined as expected in April, but this is likely to be minor blip and will not affect the ongoing recovery," he said.

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UK slams Brussels seeking taxpayer cash for Kiev & jobless

Reuters / Alastair Grant / pool

Britain has slammed Brussels for demanding an extra £500 million ($835.30 million) as the EU seeks to collect another 4.7 billion euro from member states to help crisis-hit Ukraine and to cover youth unemployment projects.

While the UK “agreed that extra support be given to Ukraine and youth employment initiatives”, London“firmly believes” the European Commission should “reallocate existing funds within the agreed budget”instead of asking for more money.

"At a time when countries across Europe continue to take difficult decisions to deal with deficits, the European Commission should not be asking Europe's taxpayers for yet more money," a spokeswoman for Britain's Treasury, said in a statement.

"Member states agreed to frontload youth employment and science from 2015 to 2014, which means more resources are needed", the European Commission (EC) said on Wednesday.

The EC also said it needed more money to help Ukraine and under the so-called "contingency margin",the EU Commission can ask for extra funding to be spent for unforeseen circumstances.

In the case of Britain, one of the largest contributors to the union, its share of the extra 4.7 billion euro needed would equal about £500 million (600 million euro). Up to 75 million euro would go to help Ukraine.

Britain's EU bill has more than tripled over the last decade, bringing the cost from £2.9 billion in 2002 to £9.5 billion in 2012.

Prime Minister David Cameron has vowed to tackle the problem as part of his plan to reconsider Britain-EU relations if re-elected, staging an in-out EU referendum before 2017.

Britain Prime minister David Cameron (AFP Photo / Georges Gobet)

The EU’s demand has angered other member states as it comes shortly after last week’s European elections, in which millions in Britain, France, Denmark and Greece voted for populist and far-Left and Right parties, opposing closer ties with the EU or the bloc concept itself.

"What a smart way to react to the concerns of Europe's voters, let's ask them for more money," a European diplomat told the Telegraph. "The commission must live on another planet if they think that Europe can reconnect with people by raiding their wallets."

Last year, the EU approved a seven-year budget plan that foresees a maximum spend of 908 billion euro between 2014 and 2020.

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Multi Level Marketing or Pyramid selling? What’s the difference? MLM , pyramid , ponzi,scam

ANOTHER MLM OPPORTUNITY

Does your stomach sink when someone invites you to a business opportunity? Mention Network Marketing or Multi Level Marketing to most individuals and they automatically assume it is a pyramid or Ponzi scheme and yet some of the largest and fastest growing companies in the world attribute their growth to affiliates earning commission for selling their products… you would not consider companies like Amazon and Amway to be dodgy would you? So why is an MLM business likely to make you want to run a mile?  Because there have been some horrendous scams out there and we are all very wary and uneducated.

SO HOW DO YOU DIFFERENTIATE BETWEEN SCAMS AND LEGITIMATE MULTI LEVEL MARKETING OPPORTUNITIES?

We let’s take a look at what a Pyramid scheme is

A pyramid scheme (which incidentally is illegal) usually doesn’t have a product behind it.  It takes a hefty upfront fee without anything in return and money is made (mainly by those at the top) by recruiting others to come in.  The overall business model is unsustainable and creates no benefit other than a redistribution of money.  Many people will lose their money to make good the claims for a few.  Generally schemes telling you to do very little for great rewards with nothing for your joining or admin fee are pyramid schemes.  Another name is often a Ponzi scheme – named after Charles Ponzi – who used the technique in the 1920s to pay returns to other investors from money paid in at the bottom.  There is no profit earned and they require constant flows to maintain the scheme… he was by no means the originator of such scams as similar money making ventures were mentioned by Charles Dickens in the novel Martin Chuzzlewit in 1844 and in 1857 Little Dorritt. However Ponzi is the one remembered as the perpetrator if not for the method he used.

SO WHAT SHOULD YOU LOOK FOR IN A MULTI LEVEL MARKETING COMPANY?

1. Product, training or benefits to the value of your joining or enrolment fee
2. Products and services to sell as well as rewards for recruiting
3. Products are at a reasonable price
4. Income is achieveable just for selling product
5. Quality marketing material such as own web pages, banners etc
6. Back up and support helplines and emails
7. Quality marketing material
8. Quality upline training
9. Is there a product money back guarantee?

Understand the difference. Multi-level marketing companies follow a similar concept to a pyramid scheme, which is a reason for most of the confusion, except that two significant differences exist.

1. • Members at any level of a multi-level marketing model can make income through the company’s products and/or services without signing up any new members.
   • Members of any level in a multi-level marketing model can advance past the people who signed them up.
   • Multi-level marketing companies are LEGAL!

The main reason for this type of model is to reduce the cost of advertising. In this very social age rewarding the company’s members for “spreading the word” is a much more trusted and faster way of getting new customers than adverts and mailshots.  Unlike a pyramid scheme, any member on any level can make money without ever having to sign-up a new member. However, like a pyramid scheme, once the company reaches a certain population level, it becomes impossible for any new people to sign-up. Therefore, the people at the bottom cannot make bonuses for sign-ups, but they will still be able to make money based on the company’s product and/or services.  So if your products is in start up of a new concept, product or service you have the opportunity to make much more money than in a market that is saturated.
Look at the sign up fee…

1.  Is it reasonable?
2. Do you get goods or services that match up to the fee?
3. Can you make money from the product itself?
4. Can you make money without signing people up?

Like any business, your income depends on your ability to sell products or offer services. Any company that promises you money for doing nothing is not being honest with you and you will fail.

 There are many companies currently using this model to get new customers.  Many of the online mlm marketers have made a great deak of money at the launch by investing in the companies and getting them started.  This is of course a risk as how do you know how good a company and its products are likley to be if they are not tried and tested?  You are risking your own reputation on a product that will be going through beta testing and getting the bumps ironed out – BUT the rewards can be almost unbelievable if you have the right contacts and mindset.  Here are just a few of them.. ACN, Amway, Avon, TalkFusion, Tupperware, Nu SkinNetwork marketing is a very legitimate business, but some models may stray along a very tight line such as Herbalife who are being sued and have already had one court say they are a pyramid scheme.
To get the best return you need to be focused, be able to communicate with people or know someone who can and be willing to put in time and effort… if you have a product launch that has been successful in another country it is a strong bet it will be in yours too so look out for them – there will be some differences but at least they have ironed out most of the issues.  If it has been running a long time… it may now be staid and out of date as well as the market being saturated.. on the other side of the coin every NEW shiny toy will not make you money! So take care in looking at the business model behind the  idea.
Network marketing has proved itself as part of the new economy and a preferred way to do business here and around the world and it is by duplicating the same successful acts throughout the network that everyone benefits – the best network marketing or mlm models will reward those running the teams and sponsoring people in for helping their entire team to succeed NOT just for sponsoring them in to the system!
Just because a compensation plan goes more than one level deep does not make it scam.. it actually encourages those above to share their knowledge of what is working and get others to be successful so don’t be instantly dismissive.
Network marketing isn’t a get-rich-quick scheme. Success will follow for those who consistently put in effort, and who can repeat that… if they are leveraging a tiny amount off the people they are helping rather than on their own efforts burning them out they will be incredibly successful.

J. Paul Getty “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” This is the cornerstone of network marketing.

So to be successful in an MLM opportunity:

1. Find a product you like, have tested and believe in and check if they have any industry awards, affiliations and are following the DSA regulations such as not taking any more than £200 in the first 7 days…
2. Check out the training and the online comments about the product and take an average of what you find… most people will happily say nothing except if the product is exceptionally good or a bit rubbish…
3. Get to know your sponsor – what will they do for you over and above the norm or will they expect you to fly solo?  We have had both brilliant and invisible and believe me those who want to help you are far better than those who either don’t get it or don’t care.  They are duplicating someone else’s success so ensure they are doing something right and if you like them great – if you don’t find someone else…

In this age it is a huge shame if you do not open your mind to some astonishing opportunities – so ask a few questions, look out for what works well, has a high need, is not saturated and that you will happily invest time and money to make successful. After all we are all part of the largest pyramid scheme ever created…. it’s call life…




if You have any concern and need us help please contact us.
Or Comment bellow.
Thanks

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After Flat 4th Quarter, USANA Director Unloads $722,884 In Stock

USANA Health Sciences (NASDAQ:USNA) Insider Kevin Guest sold 10,160 shares of USANA Health Sciences stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $71.15, for a total value  of $722,884.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares  of USANA Health Sciences (NASDAQ:USNA) traded up 0.06% on Thursday, hitting $72.31. 3,980 shares of the company’s stock traded hands. USANA Health Sciences has a 52-week low of $55.01 and a 52-week high of $92.00. The stock’s 50-day moving average is $73.1 and its 200-day moving average is $71.87. The company has a market cap of $1.007 billion and a P/E ratio of 13.32.

USANA Health Sciences (NASDAQ:USNA) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by $0.15. The company had revenue  of $182.40 million for the quarter, compared to the consensus estimate of $185.85 million. During the same quarter in the previous year, the company posted $1.28 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that USANA Health Sciences will post $5.65 earnings per share for the current fiscal year.

Separately, analysts at Zacks downgraded shares of USANA Health Sciences from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 8th. They now have a $79.50 price  target on the stock. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $79.38.

USANA Health Sciences, Inc develops and manufactures science-based nutritional and personal care products.

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Brazil economy in slowdown ahead of World Cup

Brazil hopes the expected 600,000 foreign tourists travelling for the World Cup will spur growth

Brazil's economy grew 0.2% in the first three months of 2014, official statistics show.

The Brazilian Institute of Geography and Statistics also revised down economic growth in the last three months of 2013, to 0.4%.

The sluggish growth figures come just before the start of the World Cup and presidential elections in October.

President Dilma Rousseff, who is seeking re-election, has said the football event will spur growth.

But high inflation and low business investment have put a damper on the expected lift from government investment in projects leading up to the sporting event.

This has spurred protests from Brazilians angry over the expense of the World Cup and the lack of trickle-down growth.

Business investment fell 2.1% in the first three months of 2014, the biggest decline in two years.

"I couldn't find anything positive at all in the [data]," said Bruno Rovai at Barclays.

Brazil, which is Latin America's biggest economy and the world's seventh largest, has suffered from stubbornly high inflation, which remains at 6%, above the central bank's target.

On Wednesday, the central bank kept its key interest rate at 11% in an effort to combat rising prices.

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Eric Worre Interview

Wednesday, January 2nd at 6pm Pacific/9pm Eastern, I will be interviewingEric Worre.

Dial: 805-399-1000
Login Code: 336399

Eric Worre has earned over $15 million in Network Marketing and has a Facebook fan base of over 90,000 fans.

Eric is not only a top Network Marketer, but he can also be found at the top of affiliate marketing leaderboards these days.

We will dig deep into the reasons why he has had such great success online and offline.

If you miss the call, you can catch the replay at the Prosperity Factory Live Broadcast page.

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VideoMakerFX Re-opens Today

The best selling product of all time on affiliate marketing site JVZoo is reopening today.

A few weeks ago I bought a software app that allows even the most “tech challenged” to create great videos.

Now, I use the app for my business about once a day. (Probably one of my best buys ever.) In fact, I estimate that this one app will save me over $2,000 a year in video production costs.

And I wasn’t alone in loving this, because this app became the best selling product of all time on JVZoo.

After the insane launch, they shut down to get a handle on all of the support and make some updates.

After over 1,000 requests, today they REOPEN with an updated version of the software. I’ve used the new version and it’s great…kind of hard to believe how fast the software creates a video and saves it to your desktop.

If you missed it the first time, you can grab VideoMakerFX right now.

Once you grab it be sure to send me a sample of your videos…I’d love to see what you put together!

Talk soon -

Ty Tribble

Here is a video I created with VideoMakerFX:

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