A parody account satirizing the Russian foreign minister, Sergei Lavrov, also had some thoughts

A country with current account and capital account surpluses and increasing foreign exchange reserves normally sees an excessive money supply and high inflation.

As the account includes international payments for both trade in goods and financial claims, a deficit in a country s Target account indicates foreign borrowing via the ECB, whereas a surplus denotes foreign lending via the ECB.

A country that has a balanced current account does not need any additional foreign capital.

Different countries capacity to act depends on their indebtedness, foreign exchange reserves, and current account deficits.

With the current account deficit now exceeding 5 of GDP, US foreign debt is rising fast.

Some tweeted direct queries to the Greek foreign minister, whose web team is operating a Twitter account

As a result, China s dollar denominated foreign exchange reserves, which account for the largest share of all the foreign holdings of US government securities, will suffer interest rate losses.

Preserving domestic financial stability required limiting taxation of large deposits, because a substantial proportion belonged to foreign account holders.

On the other hand, foreign criticism of Germany for running a current account surplus similar to China s is unfounded.

Normally, a country s current account deficit (trade deficit minus transfers from other countries) is financed with foreign private capital.

Only a price reduction would create current account surpluses and enable the crisis countries to pay off their foreign debts.

Latin America will finish 2007 with a current account surplus and growing foreign currency reserves, insulating them from financial crisis.

Although individual foreign investors can sell the dollar securities that they own, they can only sell them to other foreign investors. As long as the US has a current account deficit, the stock of foreign owned claims on the US economy must rise.

Both countries were required to deposit 10 of the expected oil income in a blocked foreign account intended for future generations.

Until recently, Russia has pursued an admirably conservative macroeconomic policy, running up huge budget and current account surpluses. It has paid off its foreign debt and built up foreign currency reserves of 450 billion.

One key issue facing China is how to reduce the current and capital account surpluses in order to reduce foreign exchange holdings.

The unprecedented increase in developing countries foreign exchange reserves is due both to their current account surpluses and large net capital inflows.

Thus, it is not a good idea to run persistent current account deficits and become dependent on (temporarily) low cost foreign capital.

This reflex has left Zimbabwe practically a journalism free zone, with only the foreign press seeking to hold President Robert Mugabe to account.

India s foreign exchange reserves stand at 278 billion (about 15 of GDP), enough to finance the entire current account deficit for several years.

This report would evaluate the sustainability of current account balances and exchange rates, and the adequacy or excessiveness of members foreign exchange reserves.

If successful, it would cover more than 40 of global GDP and account for large shares of world trade and foreign direct investment.

Countries with large current account deficits and or large fiscal deficits and with large short term foreign currency liabilities have been the most fragile.

Given its extraordinary shortfall of domestic saving, the US runs chronic current account deficits and relies on foreign investors to fill the funding void.

CAMBRIDGE China s current account surplus the combination of its trade surplus and its net income from foreign investments is the largest in the world.

Shell, the largest foreign operator in the Niger Delta, has been criticized repeatedly for its egregious practices and its unwillingness to be held to account.

Instead, by weakening safety standards, bailing out foreign investors, and financing current account deficits, the ECB has undercut and replaced the private European interbank market.

We call on allies to support our message, and on foreign governments to hold the Moroccan government to account on its actions and principles. Justice4Morocco

It is possible that, before the end of the decade, China s current account surplus will move into deficit, as the country imports more than it exports and spends its foreign investment income on imports rather than on foreign securities.

The degree of economic integration with the United States and Canada which together account for the great bulk of Mexico s trade, tourism, foreign investment, and remittances make it especially difficult for the country to be impervious to foreign criticism.

The initial export shock was likely to reduce growth. The sudden deleveraging imposed by foreign creditors requires the current account balance to adjust further and faster.

So it is not surprising that, despite its large devaluation, Iceland continues to run a high current account deficit, adding to its already large foreign debt.

External trade and investment Foreign investment and balance of payments Foreign trade and balance of payments In 2001 the current account deficit dropped to about 2.2 of GDP (US 1.17 billion) from 3.1 in 2000 while the trade balance registered a small deficit.

But the eurozone can increase its inflow of foreign capital only if it has a current account deficit, i.e., if it increases its imports relative to its exports.

As a surplus saver, China has run large current account surpluses since 1994, accumulating a massive portfolio of foreign exchange reserves that now stands at almost 3.7 trillion.

This pattern is particularly pronounced in the non tradable sectors (which account for two thirds of the economy), where the discipline of foreign competition is absent by definition.

(i) Develop financing strategies that outline the short , medium and long term financial planning for achieving sustainable forest management, taking into account domestic, private sector and foreign funding sources

The Bush administration has put outright grants at the center of its foreign assistance policy, a commitment that is embodied in its new aid agency, the Millennium Challenge Account.

Moreover, because dependence on foreign finance creates clear vulnerabilities, developing countries will seek to fund investment mainly from domestic savings, thereby limiting the size of their current account deficits.

The large trade deficit and equally large current account deficit (which includes net investment income) implies that foreign investors must add 700 billion of US securities to their portfolios.

Due in large part to foreign aid and investment inflow following the end of the war, Liberia maintains a large account deficit, which peaked at nearly 60 in 2008.

No one country will be able to run current account deficits and use foreign finance to indulge in financial excesses as freely as the United States did in recent years.

With a falling rate of household saving and the prospect of new fiscal deficits, the current account will soon be negative, forcing Japan to sell its debt to foreign buyers.

Foreign owned firms in the US account for 5 of private sector employment, 17 of manufacturing jobs, 21 of exports, 14 of research and development, and 17 of corporate income taxes.