China’s demand for iron ore at record 1.8 billion tons in 2012.

Sahit Muja: Albanian Minerals

Sahit Muja: China’s demand for iron ore at record 1.8 billion tons in 2012.

Albanian Minerals expect that China’s domestic iron ore mining to rise to 1.35 billion tonnes in 2012 and the global iron ore production to increase 3 billion tonnes up from 2.7 billion tons in 2011.

Albanian Minerals expect that iron ore demands in China to increase  to 1.8 billion tons in 2012 and 2 billion tons in 2013. China consumes over 60% of the world’s entire iron ore supplies.

This year Chinese iron ore import is expected at 600 million tons a 10 % decrease from 2011.

China’s Ministry of Land and Resources has announced proven iron ore reserves amounted to 50 billion tons in 2010, this will be enough for only 25 years at the consumption rate.

Albanian Minerals has estimated that global iron ore resources are estimated to exceed 850 billion ton. China, which consumes over 60% of the world’s entire iron ore supplies need to buy 550 billion tons of iron ore, if it continue to dominate the world’s steel market.

India’s demand for iron ore is expected to increase as country has limited reserves. India’s iron ore reserves total about 8 billion tons, this reserve may supply China for only 5 years.

In ten years India will need to buy huge amounts of iron ore. It is embarrassing how India sale cheap iron ore and Chrome ore to China, while current reserves are being depleted rapidly.

Albanian Minerals has a very good news for iron ore mining companies and countries with huge reserves, iron ore market has bright future regardless of the law price at this time.

The world population has reached 7 billion this population will drive up the demand for iron ore, chrome ore, copper, nickel, aluminum, steel to build, new roads, railways, airports, hospitals, schools, banks, infrastructure, water projects, energy projects, courts and legal system, new factories, houses, buildings, oil and natural gas refineries, power plants, wind energy turbines, solar power, cars, trucks, airplanes, ships, machinery and much, much, more.

World largest iron ore importing country keeps dominating global steel market, China to produce 750 million tons of steel in 2012.

Albanian Minerals predict that Chinese iron ore import to increase 20% in 2013 due to poorer domestic ore grade in Chinese. Iron ore output is increasing in China but never to meet the demands.

The price of iron ore  would go high in 2013 despite of supply increase from Australia, India, Africa and Brazil. The iron ore production cost in China is apparently higher than US $100 per tonne. Chinese iron ore import increased by around 68 million tonnes to 686 million tonnes in 2011 from 2010.

China’s domestic iron ore output was higher than 110 million tonnes per month in 2012. China’s rapid urbanization and industrialization has resulted in strong demand for iron and steel products. China is also one of the largest steel products exporting countries, domestic demand for iron ore is substantial.

Sahit Muja, President and CEO

Albanian Minerals, New York

Obama’s negative attacks backfire Romney lead in national polls

 Sahit Muja

Sahit Muja: Obama’s negative attacks backfire Romney lead in national polls

Mitt Romney lead President Obama. The New York Times/CBS News poll released Thursday shows Romney with a 45-43 percent lead.

The poll showed 55 percent disapprove of Obama’s handling of the economy, while 39 percent approve. Mitt Romney wipes out President Barack Obama’s lead in Virginia and the two candidates are deadlocked 44 – 44 percent in the race for the Old Dominion’s 13 electoral votes, according to a Quinnipiac University poll released today.

The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows Mitt Romney attracting 47% of the vote, while President Obama earns 46%. Three percent (3%) prefer some other candidate, and four percent (4%) more are undecided.To distract from a discussion of Obama’s record as president, Obama has spent nearly $100 million in negative attacks.

President Obama’s negative attacks will not put 15 million American’s back to work.President Obama’s negative attacks will not reduce our $16 trillion and growing national debt.

The attacks against Mitt Romney are misleading, unfair and untrue. They are proof that President Obama attempt to divert attention from the failed economic policies.

A 23.4 Million Americans are unemployed, underemployed or have given up looking for work. (Bureau Of Labor Statistics) .

45 Million People Received Food Stamps In 2011, A 70 Percent Increase From 2007, And Will Continue Growing Until 2014. “The Congressional Budget Office said.

The bigger question is?? Why can’t Obama run on his record. Why Obama has put his liberal class warfare agenda ahead of the broader interests of those who create the jobs in this country, the small business owners and entrepreneurs?.The President Obama  can’t run on his record. He can’t run on his failed  policies.

President Obama’s policies have failed the American people.

This election is clearly about economy whether we want to have a socialist, central planned economy ultimately such as the old Soviet Union had or a free market system where each of us has the opportunity to use our God given gifts and talents to improve our status in life.

For the greater part of 225 years U.S have had the free market system our free market system is unparalleled in all of human history.

Sahit Muja, President and CEO

Albanian Minerals

EU has failed spectacularly Obama is still promising European socialist model

 Sahit Muja

Sahit Muja: EU has failed spectacularly Obama is still promising European socialist model.

 

President Obama is a politician that will pander to any demographic needed to buy their votes. He wants Americans to dependent on the Federal Govt.

 

The voters figured out they could vote themselves money, socialized medicine, and welfare programs from the treasury by electing President Obama who promised to give them money from the treasury in exchange for electing them. The number of people that do not pay taxes outnumbers the people paying taxes, this is good news for Obama.

 

The disgusting rhetoric form our President foreshadows the economic disaster we face.

 

The euro fell below $1.21 for the first time in two years during European trading Thursday, while the yen was broadly stronger after the Bank of Japan held off from expanding its asset-purchase program.

 

The reason Europe and US is in such trouble is because they followed the Keynesian textbook.

 

When economy ran into trouble, US and EU ramped up government spending. They ran huge deficits on programs, millions of government employees, socialized medicine, and welfare programs.

 

Now the chickens have come home to roost and all they have to show for their government spending is massive debt and high unemployment that will burden their economy for over a generation.

 

What is unfolding all over Europe and in large part across our very own states that have similar political frameworks – high taxes, high spending and big government entitlements, should be a wake up call to all Americans.

 

You can tax 100% of the income of the “rich” and it still doesn’t put a dent in the spending going on with Obama’s administration.

Furthermore, look what is happening at the state level when you “tax the rich” and “tax corporations.” They all flee for higher ground.

 

Instead of getting a piece of the tax revenue, now those governments are getting 0 because people in states like NJ, NY, CA, MD, etc. are all moving away to more favorable states.

 

The same happens with corporations and entire industries.

Is this not common sense? When you tax people and companies in a way that discourages investment, business and even residency in that tax area, it results in a larger net loss of tax revenue.

 

Socialism is a rampant failure at every turn, yet folks like President Obama is still willing to give it a try for 4 more years.

 

The U.S. would do well not to go down this path.

 

Today, we have $16 trillion in debt, which is more than 100% of our GDP. Thanks to President  Obama’s spending,  we’re adding debt at a rate of more than $1.2 trillion a year. The US poverty has deepened fueled by unemployment.The US now has the highest poverty rate – ever.  President Obama has failed spectacularly.

 

Watching the slow-motion collapse of the EU, the American people should learn a vital lesson and respond in 2012 election:

 

You can’t spend your way to prosperity, and the lavish promises of the never-ending welfare state can’t be kept.

 

U.S. voters have a choice between more spending, bigger government and higher debt. = A failed European socialist model — or  economic growth, smaller government and fiscal restraint.

 

Sahit Muja

President and CEO

Albanian Minerals

New York

The world’s greatest leader for 2011 is Turky’s PM Erdogan

Sahit Muja: Albanian Minerals

Sahit Muja: The world’s greatest leader for 2011 is Turky’s PM Erdogan
 Turkish Prime Minister Recep Tayyip Erdogan is leading the world against brutal dictator Bashar Assad of Syria.

The U.S and Europe needs to hope that the Arab Spring models themselves after Turkey.
P M Erdogan is showing signs he will be, as he declared in Cairo, a Muslim who leads a secular government.

Prime Minister Recep Tayyip Erdogan has established himself as the leader and voice of reason in the Middle East .
I have known The Prime Minister Recep Tayyip Erdogan for many years.

I have closely followed him in his achievements and what he has done as an Prime Minister in Turkey.
Prime Minister Recep Erdogan is considered to be the most powerful Turkish leader since Mustafa Kemal Atatürk, who has founded the republic in 1923.

Turkish Prime Minister Recep was born in Istanbul in 1954 to parents from Rize, a conservative town on the Black Sea coast.
Erdogan has moderated his Islamic views, proclaimed his support for secular politics, and has succeeded in reducing the role of the Turkish military in public life.

Turkey is positioned between the East and West. Turkey occupies a strategic location that has always made it influential.
In recent years Turkey’s economic and diplomatic power has risen and is still rising.

Turkish economy grew by 8.9% in 2010, making it’s economy one of the fastest growing in the world.
Turkey has become a powerfull nation in global politics.

Prime Minister Recep Erdogan called on Hosni Mubarak to step down, has engaged in nuclear negotiations with Iran, and denounced the violence in Libia and Syria.
Prime Minister Recep Erdogan has been received as a hero in the Arab capitals he has visited.

PM Erdogan has proved himself to be a master of alliance-building.
He has exploited a power vacuum in the Middle East to transform his country into a regional diplomatic giant.

Prime Minister Recep Erdogan is a source of inspiration for hard working Turkish people. Erdogan is loved and respected in the Muslim world.
Prime Minister Recep Erdogan’s achievements in Turkey speaks for its self.

Turkey’s Prime Minister Recep Tayyip Erdogan’s government is pursuing a strategy to build political and economical influence in the world.
Turkish companies are investing in Russia, Balkans, Islamic countries, EU, India, Iran, China, and Africa.

Turkey is the largest investor in Albania, Kosovo, Bosnia, Syria, Kurdistan, Libya, Kazakhstan, Azerbaijan, Turkestan, Bulgaria, Romania, Afghanistan, Iraq, Qatar, and Algeria.

Turkey’s companies are investing worldwide in real estate, energy, food industry, construction, tourism, Internet Technology, automobiles, cement, chemicals, consumer electronics, food processing, machinery, mining, petroleum, pharmaceuticals, steel, transportation equipment, and textiles. Turkey’s companies are also investing in textiles, jewelry, engineering goods and software, insurance sector, banking, stock markets and energy projects.
 
Sahit Muja
President & CEO
Albanian Minerals
New York

US Economy: Has President Obama failed to accomplish anything

 

Sahit Muja

Sahit Muja: US Economy:  Has President Obama failed to accomplish anything 
1: The U.S., national debt is $14,968 trillion, debit for citizen is $ 47,884.
2: The federal government recorded a total budget deficit of $1.3 trillion in fiscal year 2011
3: America spent $1.2 trillion in interest on the debt..
4: On the economic front, 2. million jobs have been lost.
5: More than 2.4 million homes were repossessed for failure to pay mortgages.
6: The jobless rate has been at or above 9 percent .
7: Thirty-seven states have higher unemployment rates.
8: About 45 million  Americans are on food stamps.
9: Gas prices are up by more than 80 percent.
10: The United States lost its top  AAA credit rating
 
It is time for  President Obama to stop his class warfare rhetoric. The people he is talking about taxing did not get some windfall for no reason.
Most of these people worked hard, got educated, had great and innovative ideas, took risks, and invested .

At the same time they created jobs and economic growth. They believed in the American dream and made it happen.
Obama’s “tax the rich” rhetoric is a slap in the face to anyone who is a real American and believes in the American dream.

Obama’s plan is a class warfare. This is not a plan to create jobs and grow the economy, this is a campaign stunt to try to get reelected after a failed first term.
This plan will send more investment and jobs out of the country.

The only thing this plan will accomplish is extending The government’s intrusion into the economy .
President Obama must realize most of his policies are temporary in nature. They will not fix the economy.

What  U.S,economy need is a permanent FOUNDATION FOR ECONOMIC GROWTH.
  The government must stop the spending that only has a temporary effect, cut taxes, reduce the unsustainable public debt, and eliminate the oppressive regulation.
President Obama also needs to do something about The culture we are breeding in The US which encourages people to depend on the government system to survive.
Sahit Muja
President and CEO
Albanian Minerals
New York

Misguided OWS may protest Obama and occupy the White House.

Sahit Muja

Sahit Muja: Misguided OWS may protest Obama and occupy the White House. The problem with Occupy Wall Street movements is most of them voted President Obama into office, and so they can’t complain to him. OWS spoiled kids, crying that they have no job with their liberal arts degree that left them $200K in debt does not make a movement. Hey OCW occupy D.C, it’s the politicians you have elected for the past 3 years who have given us the economy and corrupt crony government we now have. It’s beginning to be comical how the Obama’s administration tries to pump up these small band of anarchists, communists, self-styled revolutionaries and social misfit lawbreakers, pretending they ever could amount to a “grassroots” movement. The Democrats are straining to compare them to the highly disciplined and directed civil rights movement and masking their utter lack of principles or programs other than a vague commitment to “revolution” for revolutions sake. Occupy Wall Street movements will soon enough fade away or may erupt in a spasm of violence that will embarrass all those like President Obama who foolishly believes OWS has something to contribute to reforms. Socialism is a great thing until you run out of other people’s money. The Greece and Russa are the proof that socialism doesn’t work. The politicians in Washington and President Obama are to be blamed for this current economic nightmare. Free speech is a great thing when the thoughts are organized, and your objectives are detailed. OWS is just a bunch of hipsters looking for a handout and that are supported by liberal news agencies. Occupy Wall Street movement people do something productive with the rest of your lives, WORK, instead of Twitter, Facebook, and other useless, mind-numbing activities. Occupy Wall Street movements figure out how to repay the student loans that YOU as adults signed. Occupy Wall Street movements please, stop quoting Russians and others communists about anti-capitalism. We have all read those philosophies years ago on college campuses. Everyone went through that phase. Then we grew up. Time for you to do the same. As for the lack of jobs, Congresses and Presidents passed and signed laws making it very easy to ship jobs oversees with union support and more taxes. So, Occupy Wall Street movements direct your anger at them and go there for your solutions, not some park.

Sahit Muja

President and CEO Albanian Minerals New York

President Obama’s $447 billion jobs act is a desperate attempt to salvage his failed presidency

 

Sahit Muja

Albanian Minerals President and CEO  “President Obama’s $447 billion jobs act is a desperate attempt to salvage his failed presidency”

Albanian Minerals President and CEO  said “The $447 billion American jobs act buys union votes for President Obama”

President Obama’s “Jobs Bill” will add a half-trillion dollars in new debt for American taxpayers, will reduce our Gross Domestic Product output and push our unemployment rate higher. 

“Truth about this false “Jobs Bill” of President Obama is half or more of this taxpayer money will be used to protect public union worker jobs and labor union worker jobs which does not create new jobs rather buys union votes for President Obama”.

President Obama is spending a half-trillion dollars of our hard earned money in a desperate attempt to salvage his failed presidency.

In essence, we Americans are funding Obama’s presidential campaign fund with a half-trillion dollars taken from American families through an additional tax burden.

Those alleged economists surveyed in Bloomberg poll are blithering idiots and Obama is significantly less intelligent than those economists.

It is time for President Obama to stop his class warfare rhetoric. The people he is talking about taxing did not get some windfall for no reason.

Most of these people worked hard, got educated, had great and innovative ideas, took risks, and invested capital.

At The same time they created jobs and economic growth. They believed in The American Dream and made it happen.

Albanian Minerals President and CEO  said “President Obama’s “tax the rich” rhetoric is a slap in The face to anyone who is a real American and believes in the American Dream.

Obama’s plan is a class warfare. This plan raises taxes on the very people who create jobs and provide investment capital”.

Not only that, these are people who achieved The American Dream.This is not a plan to create jobs and grow the economy, this is a campaign stunt to try to get reelected after a failed first term.

This plan will send more investment and jobs out of The country. The only thing this plan will accomplish is extending The government’s intrusion into the economy .

President Obama must realize most of his policies are temporary in nature. They will not fix the economy. What is need is a permanent FOUNDATION FOR ECONOMIC GROWTH.

If President Obama wants to keep The wages of his union buddies artificially high, President Obama must come up with other ways to lower The cost of production in The United States.

If it costs more to produce a product in The US, companies will expand and add jobs outside The country. It is that simple.

If President Obama does not want to deal with The labor cost issue, The only other tools he can use to lower The cost of production are LOWER TAXES and LESS INTRUSIVE REGULATION.

The government must stop the spending that only has a temporary effect, cut taxes, reduce the unsustainable public debt, and eliminate the oppressive regulation.

Albanian Minerals President and CEO  said “The culture we are breeding in The US which encourages people to depend on The system to survive. The 46 million on food stamps and the millions who do not pay income taxes is more than we can afford”.

European Union: Euro needs to drop in value to equal the U.S. dollar.

Albanian Minerals: Tropoje, Albania

Sahit Muja: European Union: Euro  needs to drop in value to equal the U.S. dollar.
The dollar rose to its highest level in almost six-months versus the euro on speculation, the European Central Bank will cut interest rates amid slowing global growth and a deepening debt crisis.

Albanian Minerals President has suggested that the weakening in the US dollar could actually be good for the U.S economy.

Albanian Minerals President  said “A  weaker  euro will boost manufacturing production, which in turn will lift employment and all this will set in motion economic growth.
 It follows then that the euro devaluation is exactly what is needed to keep the European economy going”. 
Albanian Minerals President  said “Gold, oil, natural gas, copper and all other commodities are priced in dollars, a weaker dollar makes them more attractive to buyers worldwide.
This is now evident in the rising prices of oil, gold, copper and other commodities.
Recent gains in oil prices  will result in higher prices for iron ore, chrome ore, ferrochrome and cooking coal. Steel prices will also increase.

Albanian Minerals estimates, prices of gold, copper, oil, steel and metals to increase on account of increasing global demand.
Global economy is expected to grow by five percent in 2011, this growth will boost gold, oil, copper, steel, commodities and metal prices.  
 
Europe made products in all sectors that  will be more attractive in world markets.
 European companies will export more and import less specially from China
 
High costs of  European products will have no chance to compete with Chinese, American and Indian products and this will be a disaster for the  economy in EU.
Job markets will always follow the largest exporters and low labor costs, low taxes and regulations.

Albanian Minerals President in New York,  said the euro needs to drop in the value of 1 euro to equal 1 dollar.
A weaker euro will turn European exports priced in euros less expensive in global markets, also tourism in European countries will increase.

European Union economy is the largest economy in the world and include this countries:
 Austria,   Belgium,  Bulgaria,  Cyprus,   Ireland,   Czech Republic  
Denmark,  Estonia, France  Finland, Germany, Greece, Hungary,  Italy,  Latvia,  Lithuania,  Luxembourg,   Malta,   
Netherlands, Poland,  Portugal,  Romania,  Slovakia,  Slovenia,  Spain,  Sweden,  United Kingdom.
Sahit Muja

Albanian Minerals
New York

President Obama should resign immediately to avoid more chaos

Albanian Minerals

Sahit Muja, Markets:  President Obama should resign immediately to avoid more chaos 
  President Obama have NO strength and courage to accept the blame and try to fix this mess.
President Obama should resign immediately!!
 President will point his finger at the Republicans and put all the blame on them.
President Obama will  try to weasel out of his responsibility as President of the United States
President Obama reminds me a former partner of mine. My  partner was hyper-articulate, strong as steel in a meeting, but it was all an act.
 He didn’t have a shred of common sense and precious little practical experience to run the business.
Smartest dumb guy I ever met . . . at least pending an introduction to the President.
President Obama administration’s wrecking crew is now demolishing the investment community.
First Democrats went after businesses by decimated employment. 

U.S. Government ran the deficit way out of control. This administration has clobbered the working poor and the middle class.

 And now they are taking down people who invest, whom they consider evil “millionaires and billionaires.”
How much damage can Obama administration do though over-regulation, environmental wackoism, failure to allow production of more domestic energy, constant talk of higher taxes, incessant business bashing, ridiculous growth of government, and failure to understand capitalism and the free market?
The Obama It is rapidly proving to be the most incompetent politician in the history of USA. 

The President has to end the wars, and end the economic support of numerous nations around the world.  End our dependence on oil ,The United States has the largest known deposits of oil shale and coal in the world.
About 20 million new Jobs can be create if  U.S Government allowed Privet sector to explore all are energy and natural resources.
It is time to take control of this situation. It is time to protect America, and to put America first.
 Make the rest of the world remember that we are still, and will always be, the greatest nation in the world.
Sahit Muja
President and CEO
Albanian Minerals
New York

Global Markets: Investment’s in Albania rose 300% by implementing a 10% flat tax

 

Tropoje, Albania

Sahit Muja: Global Markets: Investment’s in Albania rose 300% by implementing a 10% flat tax”

  Albanian government  has simplified tax system aimed  for creating a friendlier investment climate, creating jobs, and making Albanian economy more competitive.
 Albanian Minerals CEO said “The Albanian Government lead  by Prime Minister Sali Berisha approved a fiscal package in 2007 that included implementing a 10% flat tax for corporate and personal income”.

“That is one of the lowest level of taxes in  the world.
From 2007 to 2011 Albania has one of  the best economic growth in Europe”.

Investments in Albania have increased 300% from 2007 t0 2010 the largest increase in the world.
Tourism in Albania also had the best increase in the world with more than 500% since 2007.

  Albanian Minerals CEO  said “Albania has embrace very ambitious plans to power Albania on renewable sources of green energy
 Albania is in the road to become the first country in the world to produce 100% of its electricity from renewable energy.
 Albania has a potential to be the world’s most important laboratory of green energy”.

  Albanian Minerals CEO  said “Albanian Government has paved the way for millions to be invested for green power projects”.
Renewable energy in Albania may generate huge numbers of “green collar” new jobs .
 Albanian Minerals CEO said  “Albanian Minerals sees green technology as an important part of their business and investment strategies”.

Hydropower generation in Albania accounts for 90% of electricity produced while 10% is  produced in small thermal power plants.
The Albanian hydro potential is considered to currently be exploited at only 20%.
  About 200 hydropower projects are under development .
Albania has the potential to build 2000 hydropower plants. 
 
Wind and solar energy sources have the greatest potential after hydro generation.
Albania has huge wind potential from power full winds from low sea levels to the Alps.

 Albania has one of the strongest winds in Europe. Albania has incredible potential in solar energy.
The Mediterranean country has one of the best numbers of the sunny days in the world.
 Albanian Minerals CEO said “Albanian minerals is investing in Albania in mining industry and is planing to invest in green “
Albanian Minerals, New York.