SEOUL Air Max 1 Sale , April 10 (Xinhua) -- South Korean central bank upgraded its 2014 growth outlook by 0.2 percentage point to 4 percent on Thursday as a new global standard was applied to compiling the gross domestic product (GDP).
The Bank of Korea (BOK) revised up its 2014 GDP growth outlook to 4 percent from 3.8 percent estimated three months earlier. The figure for 2015 was also revised upward to 4.2 percent from an earlier forecast of 4 percent.
The 2013 GDP growth was upgraded by 0.2 percentage point to 3 percent on March 26. The BOK applied the 2008 System of National Accounts (SNA), a new global guideline on how to calculate the GDP, to the 2013 figure.
BOK Governor Lee Ju-yeol told reporters in the press conference after the April monetary policy meeting that the change resulted mainly from the revised standard, noting there should not have been any change in the outlooks unless the new guideline was applied.
Two days earlier, the International Monetary Fund (IMF) upheld its outlook for South Korea's 2014 growth at 3.7 percent Air Max Sale , with the 2015 outlook remaining unchanged at 3.8 percent.
Outlook for 2014 consumer price inflation was revised down to 2. 1 percent from an earlier estimate of 2.3 percent due to the outstanding fall in farm goods prices in the first quarter, Lee said.
The figure for 2015 headline inflation was unchanged at 2.8 percent, but outlook for core consumer price inflation, which excludes agricultural and petroleum products, was revised downward by 0.1 percentage point to 3 percent for 2015.
Governor Lee said during the press conference that the consumer price inflation had stayed low on the back of one-off factors from the supply side Nike Air Max 95 Sale Outlet , forecasting the inflation would accelerate into the second half of this year.
Consumer prices rose 1.3 percent in March from a year earlier, higher than a 1 percent gain in the prior month and the first rebound in four months. The inflation stayed below the BOK's mid- term inflation target band of 2.5-3.5 percent for 22 months in a row.
Goods export was expected to expand 6.5 percent in 2014, before jumping 8.3 percent in 2015.
Outlook for current account surplus was set at 68 billion U.S. dollars in 2014 and 58 billion dollars in 2015. Those were higher than 55 billion dollars for 2014 and 45 billion dollars for 2015 each estimated three months ago.
Private consumption, another growth engine of the economy, was forecast to increase 3.1 percent in 2014 and 3.7 percent in 2015 respectively.
Outlook for facility investment growth was set at 5.7 percent in 2014 and 6.3 percent in 2015 each Nike Air Max 90 Sale Outlet , and those for investment in intellectual property assets, which started to be included in the GDP under the revised rule, were placed at 7 percent this year and 6.9 percent for next year respectively.
The BOK forecast the South Korean economy would create 500,000 jobs in 2014, upgrading its earlier forecast at 430 Nike Air Max 1 Sale Outlet ,000 jobs added. The outlook for 2015 was unchanged at 450,000 jobs created.
The outlook for 2014 jobless rate was revised upward to 3.2 percent from an initial forecast of 3 percent, with the figure for 2015 upgraded to 3.1 percent from 3 percent.
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by Grandesso Federico
CANNES, France, May 28 (Xinhua) -- New Zealand Oscar winner director Jane Campion presenting the detective TV serie ""Top of the Lake -- China Girl"" at the ongoing 70th Cannes Film Festival said ""I do feel some changes in the years Nike Air Max Sale Outlet , audience has been more confident about the fun of watching female driven ideas"".
""Then there was a time when if there was a female concerned story there was a sort of yawning thing and the attention was turning to football, rugby or something like that,"" Campion told Xinhua in an interview in Cannes.
She continued ""Women issues and their lives were seen as not so interesting but now I feel that's changing, I think there is 'feminization' of story telling and story concerns, now a good example of that is the U.S. comedian Air Max 95 Sale Outlet , writer and director Jill Soloway.""
""A good example of this phenomenon is the TV series ""Big Little Lies "" which is so brilliant even if it is directed by men but it is supposed to be a girls show, ""Champion added.
With her iconic movie ""The Piano"", Champion won the Golden Lion in 1993, an Oscar for the best screenplay, an Oscar Nomination as best director and two other Golden Globes nominations. With ""My Angel at My Table"" she got the Grand Special Jury Prize in 1990 at the Venice Film Festival.
Asked about the fact she is still the only woman who won the golden palm Air Max 90 Sale Outlet , Campion stressed that ""Toni Erdmann"" by Maren Ade should have won the Golden Palm last year, the problem is that the number of opportunities for women to get an Oscar or a Golden Palm is limited.
Champion sees then more openness within some of those places like Amazon, they are more female run than if you compare with TV, feature film is much more a masculine owned domain if you look around and there are also many more male reviewers. That is one of the issues, all the money people practicality in film making are men while in television it is not the case.
On the ""study"" phase of the project Campion explained that they did some research work on the net and some interviews with people working like lawyers in the IVF ( In Vitro Fertilisation) then ""we went to visit some ""unusual"" places under false identity because we wanted to give truth to the story"" Air Max 1 Sale Outlet , she said.
Questioned about her collaboration with Nicole Kidman, the director said "" She was very courageous to chose us, I love Nicole and I think at that time she was really disappointed about some of the work she has done in features, she really wanted to do something with a director she trusted then she thought the material was interesting. With this project Nicole put her ambitions into work.""