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Speaking before the annual General Assembly of the mining giant in Perth, Australia, Jac Nasser President defended Marius Kloppers, Chief Executive, who has been criticized by certain shareholders. BHP has committed $875 million (￡ 547 million) fresh transaction failed since Mr. Kloppers became Chief Executive in 2007.

"For me, the juice is a value reduction on each of those, stated Mr. Nasser.Il said:" no pain, no gain. ""

Earlier this week, BHP withdrew its bid of $38bn for high fertilizer page maker Potash Corporation of Saskatchewan. BHP has also established a joint venture with rival Rio Tinto iron ore scrap and dropped a full support of Rio Tinto in 2008.

Mr. Nasser also dismissed speculation BHP would turn to the smaller deals because it is too big to win regulatory approval for major redemptions and said acquisitions of quality are always available. ""Seek to be more hunt small acquisitions of inferior quality," said Mr. Nasser.

The city analysts are now speculating on next move the BHP - whether another agreement or make a big cash back.

Some market practitioners believe that BHP may seem to expand its presence in the oil and gas sector by acquiring Woodside Petroleum or Anardarko.

Deutsche Bank, however, last week suggested that BHP should define its rival Anglo American focal line.Analyst Sascha Levitt says: "Anglo has less diversified peers BHP and Rio Tinto on almost every period of time in the last five years..."We believe that BHP is likely to try a strategic master, such as the acquisition of Anglo American."Deutsche Bank also pointed out that African roots BHP may position better than rivals such as /Brazilian giant Vale iron ore for such submission.

The annual General Assembly, Mr. Nasser suggested that the jury may also consider increasing the redemption share in February, when it examines the semi-annual results of the Group

Sunday evening, BHP said it will buy back the remaining shares of 5.3 $4 a British program $ suspended during its bid for Rio Tinto, 2007.

However, Morgan Stanley said: "we expect increased interim result in February 2011.Nous think BHP could add another $21bn for redemption for a total of $ will be used."

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JEKYLL ISLAND, GA -Federal Reserve Chairman Ben Bernanke has defended new Fed $ 600 billion program to help the economy Saturday, rejecting concerns that it will stimulate the hyperinflation.

Critical, including the US Federal Reserve officials fear that the money is injected into the economy could ignite inflation or bond or commodity price bubbles.

Speaking at a Conference on the coast of the Georgia, Bernanke said the new program, announced Wednesday, push inflation levels "super ordinary."

Reserve US Federal buy government bonds $ 600 billion in a bid to cheaper loans and get us to spend doing plus.Ce, contribute to economy and prompt companies to stimulate employment.

The economy has not been enough rapid growth to reduce unemployment, which has been stuck to a maximum of 9.6% for the three months of droites.La reserve US federal concern will that high unemployment, values House still weak and poor wage gains weigh on expenditures, a major business of consumer player.

Because businesses are reluctant to increase retail prices in this climate, inflation was running at very low levels.Giving the Fed latitude to launch the new program.

Earlier in the week, Bernanke has expressed confidence that the economy is on firm footing, the Fed can easily absorb all this money without detriment to the economy and triggering inflation.

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AP Economics Writer Jeannine Aversa in Washington contributed to this report.

Copyright 2010 the Associated rights Press.Tous réservés.Ce hardware cannot be published, broadcast, rewritten or redistributed.

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