My business

Microsoft and Europe do the peaces

2009-12-17T10:55:00.001-08:00

Microsoft came to an agreement with the regulators anti monopoly of Europe so that the users do not turn out to be forced to use Internet Explorer.

The computer giant agreed to offer the Europeans up to 12 navigators to choose. The commitment will be cost during the next five years and only in the European economic area.

The agreement avoids future administrative sanctions for the company and finishes to 10 years of disputes between both parts, time in which the European Union imposed fines on the company for a whole of US$2.440 million.

With the agreement, from March of the next year to the users of Microsoft in Europe they a window will appear when they are connected to Internet offering them the possibility of replacing Internet Explorer or of adding other navigators.

In last July Microsoft proposed to include in his product a screen of selection of consumption that was allowing to the users to choose between several navigators.

The Commission proved to be positive to the solution but he asked the company to improve this selection screen.

In 2004 the European Union fined Microsoft and forced her to offer a version of Windows without the average player.

Also Bill's company was required that it should give more information to the competition on how Windows was working, in a such way that his programs could integrate better to the operating system.

Microsoft appealed to this decision, but it lost the case in 2007.

Windows 7 makes Microsoft happy
Microsoft loses appeal opposite to European Union
Microsoft: Wash of face and new horizons

Brazil accepts Venezuela in the Mercosur

2009-12-16T01:38:00.001-08:00

The Brazilian senate approved the revenue of Venezuela to the Common market of the South (Mercosur). After five hours of debate, a whole of 35 senators voted in favor while 27 voted in against.

The opponents criticized the entry of Venezuela in the organism for thinking that he does not respect sufficiently the democracy and the Human rights.

Anyway the final incorporation of Venezuela still will remain dependent on the senate of Paraguay, where the opponents to the Venezuelan revenue are majority.

Without a doubt that it was a question of a political victory for the Brazilian president Luiz Inácio Lula it gives Miscellany, who had endorsed publicly the revenue of Caracas to the group.

The strong opposition that they generated the political rivals of the chief led that the voting was suspended in five occasions.

Venezuela adhered to the Mercosur in 2006 and his incorporation was already ratified by the parliaments of Argentina and Uruguay.

The adherence of Venezuela also would frame the Mercosur inside the commercial targets of Brazil, since it would allow to the first regional economy to open new markets for his products.

Chavez nationalizes the Bank of Venezuela
Iran will import petroleum of Venezuela
Argentina and Brazil say to him NOT to the dollar

Obama asks to the banks them to give silver

2009-12-15T04:41:00.001-08:00

The president Barack Obama, urged the managers of the big banks which they support the economic recovery of the USA, and he was useful to remind to them that were rescued thanks to the money of the taxpayers.

In his meeting with a group of managing high places of the banking of Wall Street, Obama requested to these financial institutions for which they re-open the credits to small and medium companies to reactivate the investments and to create work places.

“ Our banks have now a major obligation to achieve a better recovery, a stabler system and a prosperity more extensively shared ”said.

The president made sure that it was receiving too many letters of reliable companies unable to find a bank that grants them essential credits.

Goldman Sachs, president of Lloyd Blankfein, John Mack of Morgan Stanley and Dick Parsons de Citigroup, they could not be owed to the inclemencies of the time and had to inform telephone route.

In the meeting with the president also it pressed to the financial signatures to line up with the legislation that thinks about how to reform the financial regulation.

Obama will reform the bank system
The Obama plan for the small-scale enterprises
Obama and the impact in Wall Street

What is hyperinflation

2009-12-14T14:44:00.001-08:00

When the inflation is present we assume that the prices are growing of constant form. Nevertheless, the hyperinflation constitutes a more complex great economic stage, in which the prices are completely out of control and rise of constant form, while the currency loses value.

What is hyperinflation then? A definition of basic hyperinflation might be: an economic situation in which the valuation of monthly inflation overcomes 50 %. While the inflation is a term that in general (not necessary) promises to be to define annual and interannual periods, the hyperinflation is a phenomenon that cuantitativiza month a month.

To measure the hyperinflation two basic criteria are used: a valuation of inflation of 100 % or top throughout three years, or an inflation of 50 % a month.

This hyperinflationary process implies a too fast increase of the quantity of money that does not correspond to the GNP. This way, the offer and the demand of money are unbalanced, generating a hyperinflation situation.

The consequences of the hyperinflation are very drastic, and normally it becomes necessary that the central bank stabilizes the prices and wages of solid and drastic form.

Cases of countries meet hyperinflation in Latin America, where countries as Argentina, Brazil or Chile have faced it. Also, another classic example of hyperinflation is of the First and the Second world wars, where economies as the German economy reached a hyperinflation of up to 1.000.000.000.000 % in 1923.

What is deflation
What is stagflation
What is the inflation?

Paul Samuelson died the Nobel Prize of Economy

2009-12-14T00:38:00.001-08:00

The American Paul A. Samuelson, winner of the Nobel Prize of Economy and the National Medal of the Sciences, died yesterday in his house of Belmont (Massachusetts) at the age of 94.

It was known principally by his general defense of the method of the comparative statics in his book Essentials of the Economic analysis (1947).

His task consisted of leading basically to the economy for a long way from the literary exercise up to the scientific and mathematical discipline into which it has turned at present.

“ The work that did, without hyperbole, revolutionized numerous fields, including the public finance “, makes sure Alan Blinder, an ex-student of Samuelson, that he became a vice-president of the Federal Reservation.

He was one of the principal economists of the XXth century and he acted like adviser of the presidents John F. Kennedy and Lyndon B. Johnson.

Paul published his first work when he was 21 years old, A. David Wells gained the award in 1941 to write the best doctoral thesis in the University of Harvard in the economy, and it was rewarded by the medalist of Bats, John Clark, in 1947 granted annually by American Economic Association.

Businessmen of the United Kingdom escape for new tax

2009-12-13T10:40:00.001-08:00

According to The Sunday Times an average of ten businessmen a week they are leaving the United Kingdom to avoid the new tax of 50 % established to the bank premiums.

Between that they flee there are bankers and businessmen of the real estate and tourist sectors who complain about that also are increasing the contribution to the social security.

On the other hand, the number of the directors of companies who are living in Jersey, Guernsey or the island of Man, where the tax load is low, from 500 to 6.729 has happened in the last twelve months.

The authorities of Jersey think that there is interest in the island because it is close to London, the level of the crime is low and one speaks English.

According to the director of residence of the Government of Jersey, Nigel Philpott, at present there is a lot of interest in the island.

“Last year was receiving one or two calls on the day of persons who wanted to come. Now I receive between four five”, he added.

Golden age of the civil servants of the USA (today)

2009-12-12T13:38:00.001-08:00

According to an analysis published in the newspaper USA Today there has increased the quantity of American civil servants who gain 100.000 dollars or more, happening from 14 to 19 % during the first year and a half of the recession.

They amaze the numbers if we take into consideration that the current crisis has eliminated 7,3 million jobs only in the private sector.

The increase of the salaries over six numbers is observed both in the organisms of the Government and in top companies in technology.

This tendency has done that the average salary of the civil servant rises up to 71.206 dollars compared with the 40.331 of the private sector.

The civil personnel of the Department of Defense that gain 150.000 dollars or more increased of 1.868 in 2007 10.100 in June, 2009.

The Department of Work had only one official who was gaining 170.000 dollars or more when the recession began. Year and a half later, the number of personnel with this salary had raised 1.690.

Jessica Klement, director of governmental matters of the Federal Association of Agents, said that the civil servants have good wages because the Government hires the people much prepared like scientists, physicists and lawyers.

What is stagflation

2009-12-11T16:21:00.001-08:00

A quite complex economic comprehension concept is that of stagflation. The question of: ‘what is stagflation?’ it is not completely simple to answer, but to prepare a definition of preliminary stagflation, it costs to say that this phenomenon combines economic recession and inflation.

Neither deflation nor inflation. The stagflation is a different economic stage, which is defined as an economic conjuncture in which a simultaneous inflation happens to the stagnation of the economy. In this situation, the inflation not of to grow and the economy of collapsing, and it tries about one of the economic stages most difficult of handling for the governments.

The causes of stagflation are basically two. The first one is the recession of the economy (when the GNP falls down during two consecutive trimesters). The second one is the accompaniment of this contraction of the economy for a rise in prizes, which presents a paradox in which all the possible solutions can harm the things.

Normally the measurements to increase the economic growth involve an increase of the inflation. For his part, the measurements to reduce the inflation bear an economic recession at least notable. For it, in a context estanflacionario all the measurements involve loss and do not involve profit.

The stagflation is an internal phenomenon, and at present this is what seems to happen to him to countries like Argentina, where the economy of the country is in recession, but the inflation does not stop growing.

High unemployment levels in Spanish university students

2009-12-11T07:42:00.001-08:00

According to the information spread by Eurostat, 12 % of the Spanish young people with top studies was unemployed in the second trimester of the year, the double of the European average and it is the highest of the set of the EU.

Spain is also the European country where the unemployment has more influence between the persons with major level of education.

The countries that follow the Iberian ones to him are Greece, with 11,7 % of unemployment in the same group, Italy (9,6 %) and Latvia (7,6 %). On the other hand in Holland only 1,9 % of the top alumni was unemployed, Romania (2,7 %) and the Czech Republic (2,8 %).

Also, Spain is the country of the EU with more unemployment between the young people with studies of secondary level. The unemployment was affecting 18,8 % of the Spanish young people with this type of qualifications in the second trimester of the year, more of the double of the European average, placed in 9,1 %.

The Eurostat information shows a descent in the proportion of similar unemployment there increases the level of studies, tendency that is appreciated in all the Member states with the exception of Greece, where the unemployment ranges between 11 % and 12 % for three types of formation.

General Electric invests millions in a wind park

2009-12-11T00:10:00.001-08:00

The group General Electric (GE) is betting on the alternative energies and has obtained a multimillionaire's contract to give the wind turbines and to take charge of the maintenance of a wind park that will turn into the biggest of the United States.

The project handled by the private energy producer Caithness Energy, will include 338 wind turbines with which one hopes to obtain a 845 megawatts installed entire potency (MW) when it is ready to work newly in 2012.

The group told that the wind turbines will settle in a surface of more than 77 kilometers squared in the counties of Gilliam and Morrow de Oregón.

“ These wind turbines suppose the last evolution of the technology of wind power developed by GE and it provides to our clients the maximum efficiency and energy reliability “, said the president and manager of GE Power and Toilet, Steve Bolze.

GE, who was taking charge of the maintenance and the operations of the wind park during the first ten years of his functioning, also will invest by means of his financial services in a project that has been valued for 2.000 million dollars.

The future wind park takes as a target to improve the energy supply of California, as well as the access of this inhabited area of the coast west of the United States to the renewable energies.

What is deflation

2009-12-10T16:38:00.001-08:00

In addition to the inflation, in the economy we find stagflation and deflation. What is deflation then? We propose a definition of deflation that serves for comprehension this concept connected to the economic concepts of stagflation and inflation, which we will check soon.

The deflation happens when they lower the prices of the goods and services of a given economy. Since we see, it differs from the inflation for going in the opposite direction, and his appearance causes fear in the merchants because the demand of goods and services is minor, leading to the economies to taking drastic measures, as Japan was exemplifying recently.

Again the law of supply and the demand is implicit behind this concept, and when the demand falls down, the prices diminish. With it, the merchants must sell his products and services at a price with which to settle the costs, since this is the average only one of clients attract.

This is a clear vicious circle in which the goods consumers decide to preserve his money because they will be able to acquire cheaper goods in tomorrow. Since we know, when in the economy of a country it does not circulate money, the things are complicated, and a long deflation can only lead to a destruction of the economy.

To fight the deflation two types of politics can take: the monetary ones and the district attorneys. The monetary politics includes for example to lower the price of the money, this way to do more circular money and to encourage the consumption. The fiscal politics implies an increase of the public expenditure, reducing the taxes and increasing the transferences.

It costs to emphasize that it is not necessary to confuse deflation with deflation. The last one is immersed in the logic of the inflation, and consists of a deceleration of the growth of the prices, which keep on growing but to a rhythm minor than earlier.

Japan announces US$81 trillions of financial stimulus

2009-12-09T14:54:00.001-08:00

The Japanese economy has grown during the second consecutive quarter between July and September, in a struggle against the recession that culminated in April when the economy of the country grew 0.9 %. Nevertheless, the recent return to the deflation has caused fear for the stability of the economic growth.

For it, the government has decided to inject an economic aid that has been a news on a global scale, which materializes in 81 trillion dollars (7.2 trillions of yenes) focused to encourage the employment, incentives for efficient energy products and you help kidlings and medium companies.

The deflation can be dangerous since, on having lowered the prices, the consumers they forbid to consume goods, since they believe that they will be able to obtain the same goods for a minor money facing the future. For it, recently elect Democratic Party of Japan has decided to inject money so that the things do not droop.

“We must present an economic bundle prompt to harden the economic recovery facing the severe situation of the economy and of the employment, the fall of the yen and the deflation”, affirmed the government, which in spite of the skepticism if this measurement will work or not, trusts in his correct functioning.

Hasbro snatches Quarter Sesame from Mattel

2009-12-08T20:54:00.001-08:00

The company juguetera Hasbro has remained with the necessary rights to make and to sell during the next ten years toys based on the personages of the mythical Quarter Sesame.

The second company juguetera of the world reached an agreement with Sesame Workshop, the educational organization without fortitude of lucre that is behind this successful television program, which will allow his division Playskool to extract to the market his first Quarter toys Sesame at the beginning of 2011.

During the last decade it has been Mattel, the biggest company of toys of the world, which, across his branch Fisher Price, had the rights to exploit all these shaggy personages.

This manufacturer's change coincides with 40 Quarter anniversary Sesame in with the air and with a deep process of renewal that is leading his persons in charge to impelling the presence of the well-known personages in all kinds of mass media and public acts.

Also they have decided to bet for new platforms and technologies to guarantee that these bugs adapt themselves to the changes of habits of the smallest. For example, it is foreseen that there go out to the market in the United States the first electronic books and audio books of Quarter Sesame.

The Icelandic economy suffocates in the recession

2009-12-07T23:59:00.001-08:00

Inside the European limits, Iceland is not spending it nothing is already right in enough time. The recession stuck loudly for the Arctic north, and the small island it has very had no luck, even going so far as to suffer a commercial blockade that made her very badly stop.

The information corresponding to the third quarter of the year shows that the things go of evil in worse for the Icelanders, since his economy contracted again in the period that goes from July until September neither more nor less than in 5.7 % as regards the previous trimester, and 7.2 % as regards the same period corresponding to 2008.

“The domestic demand in Iceland is very depressed because there does not exist a financial system that works appropriately - affirmed the analyst Petter Sandgren of the SEB Bank - therefore, possibly the domestic sector will keep on having very complicated times”.

Iceland had her complicated after that the financial system of the country was collapsing thanks to the fact that the banks gave more money than the one that the country had in capital. The European Union tried to settle the problem, but Iceland should borrow money from the IMF so that it should extract it of the crisis.

The same way, the experts make sure that 2010 will be equal of pernicious for the Icelandic economy.

Dubai World might sell the Circus of the Sun

2009-12-07T16:28:00.001-08:00

With French name (Cirque du Soleil) and contemporary art everywhere, the Circus of the Sun is in Arab hands for already a time. Dubai World is the state holding that the Circus of the Sun takes possession, but also the one that might lose his domain considering the delicate financial situation of the Arab Emirates.

Dubai World owes neither more nor less than 26000 millions of dollars (17358 million euros), codes that it leaves Dubai World in an awkward situation opposite to his creditors. This has done that the persons in charge of the holding decide to take drastic measures, as there would be the possible sale of his foreign investments.

“There is nothing that the sale of these assets prevents”, affirmed the person in charge of Fiannzas of Dubai, Abdulrahman to the-Saleh, who handles laposibilidad would be of the sale of the same ones, but that it has pointed out that the state will not get rid of assets in the rescue of the debt of Dubai World.

Dubai World possesses, in addition to the Circus of the Sun, in transatlantic Queen Elizabeth 2, has actions in Barney's of New York or the South African group of shops V&A Waterfront.

The closing bank in the USA came to 130

2009-12-06T08:03:00.001-08:00

Regulators impeded another six banks in the United States, reached the dark number of 130 in the year.

The Federal Corporation of Insurances of Deposit (Fdic) said that the regulators closed on Friday, the three banks in Georgia, raising the number of bank failures in the state to 24 during this year, and one in Virginia, Illinois and Ohio.

One hopes that the cost of these closings should be of the insurance of the FDIC that he finances a whole of more than 2.300 million dollars.

The biggest bank was Am Trust Bank of Creveland, in Ohio, which had a few assets of 12 billions and 8 billions in deposits. The New York Community Bank of Westbury, in New York, assumed his deposits.

Five remaining ones had a few assets below 1 billion dollars. These were Benchmark Bank (Illinois), Greater Atlantic Bank (Virginia) and Tattnall Bank, Buckhead Community Bank and First Security National Bank (Georgia).

Due to the current situation the banks are failing at his biggest annual level from 1992. Last year they caused 25 banks to collapse while in 2007 there were three.

The FDIC has said that he hopes that the failure of the banks should cost him to his insurance fund nearly 100.000 million dollars from 2009 until 2013.

Heiress of very rich and too generous L'Oréal

2009-12-06T00:30:00.001-08:00

Liliane Bettencourt, one of the richest women of Europe and to whom his daughter claims to deprive of the control of his fortune, seems to be one of the most generous persons of the world.

Missis Bettencourt gave to friends and big institutions money quantities. It donated, neither more nor less than 160 millions of euros to Lindsay Owen-Jones, ancient executive director of L'Oréal, as reported before a judge the photographer and novelist Banier whom Liliane gave him almost billion euros.

Also he declared that the lady bought an apartment for the daughter of a friendly teacher of medicine of both.

These revelations are known days before the new hearing foreseen before a judge by the case that faces Liliane with his daughter Françoise Bettencourt Meyers.

Françoise requested this week to a magistrate that puts the oldster under judicial tutelage to protect her own economic interests.

The daughter of the heiress of the empire L'Oréal has asked his mother to surrender to medical examinations to demonstrate the incapability of this one to manage his fortune.

Surely missis Bettencourt has refused to do to herself the reviews requested by the one who will receive most of his fortune when he dies. Evidently the girl does not want to wait up to this moment.

The Spanish industrial production begins to become stable

2009-12-05T16:59:00.001-08:00

With one go bust tremendously and removedor due to numerous problems that they affected hard to the industrial sector, the Spanish production newly now begins to show shy progress movements. This way it is demonstrated by the recent information spread by the National Institute of Statistics, which we share today.

The INE has presented the information corresponding to the industrial production corresponding to October, when the production stepped back 9.2 %. Obviously it is a question of a regression that does not go so far as to be placed in negative terms; nevertheless, it is a question of neither more nor less than the minor productive descent from September, 2008.

From this month the production descends in numbers bigger than 10 %, and in the first trimester of the year the production of the industrial sector diminished neither more nor less than 20 %.

Crumbling the number and concentrating on concrete activity areas, it costs to say that the vehicles manufacture comes closer at the levels of 2008, reaching-3.8 %. Also, the industry of the feeding and the refineries of oil, areas affected by the regression of the consumption, showed also recovery signs being placed in-3.9 % and in-8.5 % respectively.

The American unemployment experiences the minor increase in two years

2009-12-05T09:29:00.001-08:00

In November it went away with good smokes for the labor market of the United States, since the Department of Work of this country is develado the information of unemployment corresponding to November and these show that this month it has been the one that has registered minor increase in two years.

In November it has been paid by 11000 jobs less q ue in October, which means neither more nor less than the best fact from the beginning of the recession in December, 2007. The unemployment valuation reduces then two tenths, up to 10 %, a fact that was not waited not by the most optimistic analysts.

Also, this fact contrasts with the complicated October that left many people in the list of the unemployment. The sector services experienced an increase of 58000 work places, and the industrialist lost 69000.

The same way, they not all are good piece of news, since the number of persons that has been unemployed during more than half a year climbed representing a level of almost 40 % of all the unemployed men.

Peugeot and Citroën allied with Mitsubishi?

2009-12-05T01:44:00.001-08:00

A rumor flies over the market self-propelled generating all kinds of speculations regarding the future of two of his big companies: the Japanese Mitsubishi Motor s and the French group PSA Peugeot-Citroën. The persons in charge of it are the spokesmen of the last one, who in a brief press release announce an approach to the Japanese company that might be a determinant.

The French group informs in him an approach Mitsubishi to shape a possible alliance between both companies “to examine jointly the possible routes to extend his relation, what he might lead to a strategic alliance”.

In fact, the daily Japanese Nikkei speculates with regard to a possible acquisition of between 30 % and 50 % of the actions of Mitsubishi, in an operation that might involve the investment of approximately 2.228 million euros on the part of the French group, leaving it like one of his most important shareholders.

PSA Peugeot-Citroën and Mitsubishi Motors support a strategic alliance for time, with models todoterrenos like Mitsubishi Outlander, Citroën C-Crosser and Peugeot 4007. It will be a days question to know an ending of this situation.

The consumers' confidence in Spain increases

2009-12-04T18:10:00.001-08:00

In diverse senses, the economy works like an expansive wave. It is enough so that a fact is revealed so that all the agents that take part in her react of form according to him. It is this what has happened with the consumers' confidence in Spain, which after the announcement of economic recovery in Europe and the prognoses of the OCDE, has turned out to be increased.

The Indicator of Confidence of the Consumers (ICC) calculated by the Institute of Official Credit (ICO) has experienced an increase for November of the order of 6.1 points up to the 75.3 and cutting with two months of negative gust of the indicator.

As regards October, the progress of the confidence in consumers is notable, since of the indexes that compose the ICC, the partial expectations indicator raised 9.2 points up to 105.6, and that of current situation promoted 3.1 points, placing itself in the value of 45.1.

According to the ICO, this increase in the consumers' confidence happens like answer to the recent review to the rise realized by the OCDE and to the minor fall of the Spanish economy. This way, this fact strengthens hopes that the Spanish economy could fall sick in 2010 with a stage of consumption that propitiates the exit of the recession once and for all.

The British economy escaping of the recession

2009-12-02T22:08:00.001-08:00

The economic recession has flogged enough to Great Britain, to the point of turning into the longest recession of his history. The United Kingdom has contracted 0.3 % in the third quarter of the year, codes that it prolonged the contraction but that it has not been received by so bad eyes on the part of the analysts, since one believes that the worst of the hypotheses is a minor enough number to.

In fact, the cards are played about the year 2010, when one hopes that Great Britain should escape of the strong current economic recession, a process that has already begun to grow according to the experts. The economist Spencer Dale, chief of the Central Bank of England, throws tracks on the future.

“The economy seems to be changing - affirmed Dale - … There Is a wide evidence status on the part of the business encuestadoras, the regional agents of the Central Bank and of recent indicators, of which the economy has begun to become stable and which we are in an expansion period renovator”.

Give to him it is optimistic facing 2010, and he hopes that the British economy should continue his course. This process is being stimulated on the part of the monetary and fiscal stimulus along with a low pound, something that supports the recovery.

The unemployment grows in Spain

2009-12-02T14:32:00.001-08:00

The Spanish unemployment has led the news about the day on the labor market, since the recent information revealed by the Department of Labour of the government of José Luis Rodríguez Zapatero brings bad news again as for the number of stopped Spanish. The number grows again in November, doing that the number of Spanish unemployed men reaches almost 4 millions.

We are in the presence of the fourth consecutive ascent of the unemployment, which is translated in absolute terms in 60.593 persons in the corresponding thing to November, a little less than 98.906 unemployed men registered in October. The number is, nevertheless, much minor to that of November, 2008, when the unemployment grew in 171.243 persons.

Let's keep on analyzing as regards one year behind. In this moment the Spanish unemployment has grown interannually in 879.677 persons, in an interannual growth of the unemployment that is located in 29.4 %.

As for sectors affected by this wave of unemployment enocntramos the first to the sector agriculture with 2.6 %, to services with 1.7 %, construction 1.3 % and the unemployed men who already had no work shape 2.2 %.

Finally, the information spread by the Department of Labour throws light on the fact that the masculine unemployment has been the most affected, raising 35.874 persons (a 1.8 %) and the feminine one in 24.719 persons (1.3 %).

Of Beers he asks his shareholders for help

2009-12-02T04:08:00.001-08:00

The biggest producing world company of diamonds, Of Beers, has had a long and tedious 2009. The beginning was difficult, with a reduction of his income in 99 % for the first half of the year, and a debt that has grown to 3.5 trillion dollars.

Before this emergency situation, the company has not had another alternative than to request helps his shareholders, whom it has requested investments to recover the car - sustentabilidad of the company and power like that to fight with the requirements of the creditors.

The shareholders have agreed to invest the entire sum of 1 trillion dollars to help to Of Beers to recover from this difficult year in the global economy. “Reducing the foreign debt level of Of Beers - he declared the company in a bulletin - and improving his cardinal structure, this investment might allow to the company to extract advantage of new opportunities … while the recession stops and the recovery is made possible”.

The actions of Of Beers correspond in 45 % to the mining company Anglo American, while the family Oppenheimer of South Africa keeps 40 %, and the government of Botswana the remainder 15 %.

Latin America might reach 39 million poor

2009-12-01T20:38:00.001-08:00

The crisis has struck hard North America and Europe of the north side of the planisphere, but as always, in the south the things are lived otherwise. Latin America has not spent them completely well either, and the world crisis might leave his trace perceptibly affecting the population according to the projections of the OCDE.

Seemingly the world crisis might feel hard in Latin American towards ends of the year 2009, striking the population of the continent bequeathing 39 million poor. Also, towards ends of this year the Gross National Product of the continent might descend between a 1.5 and a 1.9 %.

These projections have been develadas for him General Secretary of the OCDE, Angel Gurría in the frame of XIX Latin-American Summit that it is celebrated in the Portuguese Estoril spa, and he answers to the conclusions of the report of the organization ‘Economic Perspectives of Latin America’ for 2010.

Anyhow we must look a little backwards. Although these 39 million poor (an increase of 7 % in the poverty of the continent) would mean a strong blow for the economic sustenance of the continent, it is necessary to remember that Latin America has lived through enormous progresses as for the reduction of the poverty between 2003 and 2007.

This answers undoubtedly to the wave of socialistic governments that have taken the power in the region, which with politics well focused towards the social thing there have been able to construct a machinery of protection and sustenance of the countries. At least up to a point, this can serve as guarantee of which new possible blow is, it might be guided well from the governmental spheres of the continent.

The Indian economy detaches 7.9 %

2009-11-30T19:07:00.001-08:00

In Asia China and India keep on leading the numbers of economic growth, and particularly the latter country attracts attention today on having made public his information regarding the third quarter of the year, period in which it has grown to the biggest rhythm in the last 18 months.

India has grown to a rhythm of 7.9 % between July and September compared to the same period of one year ago behind, in a growth that has been fed by the stimulus politics to the expense on the part of the government.

“This information can be the green light for the Central Bank of the India to raise the money-market rates - affirmed the consultant Robert Prior-Wandesforde of HSBC - and there are big chances of it towards the end of the current year. The exit of the fiscal stimulus of the government might influence also the information of the GNP”.

Hence, the waiting of a rise of the money-market rates on the part of Banco Central of the India is more real than fictitious. This situation might be a preamble of it, and of an economic growth that seems to be very far of be braking.

It raises the inflation in the Euro area

2009-11-30T11:36:00.001-08:00

Recently the inflation registered a rise in Spain, and now the Euroarea in its entirety puts itself to shot on having announced the recent information to him as regards the inflation of sixteen countries that compose it. The same ones show a rise in the global inflation of the Euro area, and next we revise the information.

The interannual inflation of the countries of the Euroarea grew in November up to 0.6 % as there reports the office of statistics of the community, Eurostat, with information obtained thanks to the Index of Prices to the Harmonious Consumption (IPCA).

Five months of negative records they shaped the preamble for this rise of the inflation, with a June that marked record since this index (1997) is used, since it was the first month with negative records and without any type of precedent, being located in-0.6 % in this month.

Let's remember that for the same month Spain was giving cause for this information, with an increase of 0.4 % of the interannual inflation, a point more than in the registered for October.

The same way, Eurostat will publish the definitive information of the IPCA not before December 16 with an exhaustive detail of the same one.

Volkswagen with objective Brazil

2009-11-27T21:08:00.001-08:00

Volkswagen has basically three points of rest: China, Germany and Brazil. In these countries the biggest motorcars production happens on the part of the group, and the company it realizes well that nobody. In fact, the country of Portuguese speech is the essential priority for the Germans facing the next future.

The cars manufacturers have announced his interest to invest approximately 2.3 trillion euros (US$3.5 trillion dollars) in his manufacture plants in Brazil (Anchieta and Taubate in São Carlos) after having promoted the demand in this country in 70 % from 2005 until 2009.

Answering to it, the German group has promised a production of 800000 cars in Brazilian territory for this year, and the target to reach the million units about 2014.

(I resided …)

Audi acquires actions of the Bayern Munich

2009-11-27T13:37:00.001-08:00

Between the period that goes from January until September, the German Audi reduced his operative result in 43 %, with what his operational margin has descended from 8 % to 5.4 %. These results were qualified as excellent on the part of the company in the frame of the economic crisis, and there are the foot for the step that the company belonging to Volkswagen gives today.

The motorcars manufacturer has signed an agreement with the big one of the German soccer Bayern Munich, club with which the signature has agreed the acquisition of 9.09 % of his actions, turning this way into the second biggest shareholder of the German club, following Adidas with 10 %.

Audi has acquired the whole of 2.5 million actions of Bayern Munchen AG, the managing society of the Bayern Munich, in an operation that involved the transfer for 90 million euros. The operation involves an agreement of long-term patronage, which the same one extends until 2019.

(I resided …)

The economic activity grows in the Euroarea

2009-11-27T05:54:00.001-08:00

Moving away increasingly from the recession that struck hardly everybody, a recent study indicated that the economic activity inside the Euroarea grew at his most rapid level in the last two years during November.

According to the informed thing, the last number of the PMI (Purchasing Managers’ Index) reached 53.7 points, an important growth from the 53 registered ones last month and confirming the economic recovery of the block.

Since it was of waiting, the growth was impelled by the manufacturing production, which reached 54.6 points, marking his most rapid growth from September, 2007 and joining the studies that indicate that the block went out of the recession in September.

(I resided …)

The losses of the banks still remain secret

2009-11-26T22:22:00.001-08:00

The director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, made sure that half of the losses suffered by the banks still remains secret and that there will not be a strong growth without a finished cleanliness of the bank balances.

Also it proved to be opposite to limiting the size of the banking institutions although it pointed out that if a bank assumes risks that suppose a danger for the entire system it is legal that one asks him for a financial contribution.

Strauss-Kahn said also to be a supporter of limiting the bonuses this way to brake the speculative emulation in the financial sector.

(I resided …)

Price of the Gold in historical levels

2009-11-26T14:52:00.001-08:00

In spite of being go out of the world recession, there are still signs of weakness in some countries, what is causing some changes in the international economy and the values of some very important commodities.

One of these cases is that of the gold, which reached the highest price of the history, rested on the doubts for the weakness of the dollar. Due to this, the gold reached the record for 1,173.50 dollars for ounce, almost 2 % more than registered on Friday.

According to the analysts, the expectation of which the valuations of American interests support falls they have pressed to the dollar, what it has converted to the gold and to the petroleum into more attractive investments in short and medium term.

(I resided …)

The USA will head the recovery of the crisis as the OCDE

2009-11-20T06:51:00.001-08:00

The Organization for the Cooperation and the Economic Development (OCDE) updates us today with the prognoses for the analysis of the economies of the world facing the essential target: to escape to the recession. It seems that the United States and Japan will gain the career, and that the European continent will turn out to be somewhat left behind in her.

According to the OCDE the set of the developed country will grow a 1.9 % in 2010 and 2.5 % in 2011. Between them the United States seems to be who will take it better, with a growth of 2.5 % the first year and of 2.8 % in the second one. For his part, Japan will be in the second place growing 1.8 % in 2010 and 2 % in 2011.

The Euro area, nevertheless, will be growing as a whole 0.9 % and 1.7 % per year respectively. The public helps will help in this recovery, and the best financial conditions also will play his contribution. This as for the United States and Europe, but in the last case perhaps the programs to protect the employment play a few cards in against in the long term for intensifying the growth.

(I resided …)

Facebook costs US$9500 million

2009-11-19T23:15:00.001-08:00

300 million persons it is equivalent to the entire population of the United States. This number happens to users of a web site. Is it too much not? Well, it is the case of the most important social network and of one of the colossuses of the Internet market in this moment; it is a question of Facebook, which with 300 million users grows in value.

The actions of Facebook have raised neither more nor less than 42 % in what it goes from July until November, and of 14.77 dollars that an action of Facebook was costing in July, now the same one costs 21 dollars in SecondMarket.

SecondMarket and SharesPost are some of the companies across which ex-Facebook personnel sells actions to new buyers. The value for 21 dollars for action does that the value of Facebook reaches neither more nor less than 9500 million dollars, number revealed by Adam Oliveri, the director manager of the company of New York.

(I resided …)

Ferrero and Hershey with desire of eating up Cadbury

2009-11-19T13:02:00.001-08:00

Cadbury seems to be against the sword and the wall. The British chocolate sellers have received an offer on the part of the giant Kraft the same month, which they qualified like ‘derisory‘. But on the part of the Italians of Ferrero and the Americans of Hershey, the offer seems to have fallen down like impulse for retrucar.

There is greatly rumor in the way, but basically the following thing happens. Ferrero said that it was in the preliminary phases of which a joint venture is carried out between they and Hershey to resist the Kraft offer, while Hershey said that there was a possibility that it happened. Cadbury for his part, decided to remain quiet.

Ferrero known by Ferrero Rocher and Nutella took income as sales of US$9 trillions, while Hershey had income of US$5.1 trillions.

Kraft did an offer for 9.8 trillion pounds sterling, and the analysts agree in that the possible joint offer on the part of these two companies might not overcome the money offered by Kraft, so the most probable thing is that the things stay how is life.

The pessimistic Spanish consumers on the exit of the crisis

2009-11-19T05:19:00.001-08:00

Although the things in the world economy are becoming stable little by little (very little to little), Spain still will continue in red numbers during one more time. This one dated official, added to that in the ambience of the consumers the perceptions come with certain delay, he has contributed that the confidence of the consumers is quite low in the country.

The index of confidence of the consumer in Spain has been located in 74 points, two less than the entire European average, and twelve less than the world average in information that correspond to the third trimester of 2009.

The confidence of the Spanish consumers shows that only 22 % of the interrogated persons thinks that the country will go out of the recession in less than one year, and 92 % admits that the Spanish economy is in recession. The same way, the pessimism of the Spanish overcomes the registered one in Portugal (53), France (67) and Ireland (66).

(I resided …)

Christine Lagarde, the best titular of economy of Europe

2009-11-18T21:43:00.001-08:00

The business newspaper Financial Times has delivered his annual award to the best Secretary of the Treasury of Europe in this edition 2009, such as year ago after year the publication. In the latter edition of the awards the minister of French economy Christine Lagarde has been done by the award, remaining selected in the first place.

Taking all the variables into consideration (political management, economic management and credibility), the French minister has remained a better posicionada that the others, and from the newspaper his premiación justifies himself for his “out-standing role in the management of the crisis on a global scale and the strong determination that it demonstrated of achieving a coordinated answer”.

The French economy has been one of those that better the ship has guided during the economic recession, managing even to grow in an Europe that newly is recovering little by little.

(I resided …)

GM becomes stable and begins to pay debts

2009-11-18T11:18:00.001-08:00

Threatened first and struck later, General Motors managed to be supported afloat from the public helps provided by the governments of several countries. The car one of Detroit managed to cross the worst thing to cost of reducing costs in 59 %, measurement that turned out to be crucial to be able to survive, and now, he is grateful.

And it does it paying his debts, since GM had received important public helps that thanks to the stabilization of his situation he has begun to return public helps announcing the first payment for 1200 million dollars to the governments of the United States and Canada, which will be continued by a series of successive payments to be realized and eight following trimesters.

Along all this process of recovery GM it received 50000 million dollars in public helps, after what it managed to survive the crisis managing to retain 42600 millions of liquidity in his reservations.

(I resided …)

US$295 in red for Disney Interactive Studios

2009-11-18T02:16:00.001-08:00

Disney seems to have handled well his economic soundness for what it concerns to the third quarter of the year, but if we pay attention to his internal divisions the information does not lend to boast too much. Especially if we allude to Interactive Media.

This division includes Disney Online and Disney Interactive, and his information with regard to the third quarter of the year has been spread officially. These demonstrate a loss of US$295 million for the period of between July and September, 57 million dollars more than the regarding thing the same period as regards the previous year.

Consulted by PaidContent, Tom Staggs CFO of Interactive told that “we realize an investment (in proper video games). We are crossing a losses situation, and we would like seeing how this re-spills itself as we are progressing”.

(I resided …)

The sales of motorcars grow in Europe

2009-11-17T18:42:00.001-08:00

Undoubtedly one of the industries most struck by the world financial crisis has been the automotive industry. This has caused numerous falls on the labor market, and strong blows for authentic parents of the industry, I marry General Motors, for example. In October, nevertheless, it seems month of upturn for the above mentioned industry.

The fact is that the sales of cars in Europe have increased 11.2 % in October as regards October of the previous year, which in absolute terms is translated in 1.26 million dedicated units. Nevertheless, the sign of + to the left of the numbers appears if we visualize isolated October, since in the period from January until October the sales diminished 5 % compared to these months relative to 2008.

On the European market the sales leader has been the German Volkswagen, with 145556 sold units, a progression of 8.4 %. Renault was the second one, with 115811, and Ford was located in the third position with 108879 sold units.

(I resided …)

The recession of the Euroarea comes to his end

2009-11-17T11:12:00.001-08:00

Very well, other one that good piece of news for the euroarea. The worst financial crisis from the Second World war has just come to his end (at least provisionally), with information that they announce that the nations corresponding to the euroarea have managed to go out of the recession to having recovered as a whole.

The countries of the euro experienced a growth of 0.4 percentage points in the fourth correspondent to the July - September, after having contracted 0.2 % in the previous quarter. The economies leaders in this growth have been France and Germany, with growths of 0.3 % and 0.7 % in the period. In this stage, nevertheless, Spain keeps on extracting low notes, with an economy that continues in red numbers.

As for the countries of the European Union in his set, also they have experienced certain growth, with an expansion of 0.2 %. The United Kingdom, nevertheless, does not completely be fine, since it experienced uan contraction of 0.4 % between July and September.

(I resided …)

Iberia and British Arways fuse

2009-11-13T14:07:00.001-08:00

Two of the most important airlines of the world have announced news that it removes to the market today. It is a question of British Airways and the Spanish Iberia, which there is oficializado his merger agreement in a new combined group that will be called TopCo.

In the new organization, British Airways will have 55 % of the actions of the group, while to Iberia it will correspond to him 45 %. “The merger will create a strong European airline that will be able to compete in the 21st century”, affirmed the chief executive of British Airways, Willie Walsh.

This way TopCo will be a group that will be registered in Spain, but that will have his financial head office in London. Also, the group will be listed in the London Stock Exchange, but it will have a secondary list in the Spanish capital.

(I resided …)

Brazil hopes to close the year growing 9 %

2009-11-13T00:04:00.001-08:00

When the money is in consumers' hands the things are fine, it circulates and the smiles of the government grow. It is the case of the fifth economy of the world and the most important of South America, the Brazilian economy, which not of to give good signs, and that he hopes to close the best year of the due thing.

The internal analysts of the economy of the country have risked a growth of Brazil of 9 % at the end of the last quarter of the year, since the demand of the consumers is growing, and the exports are recovering and better indications showing that waited at the beginning of the year.

“The domestic market is growing really”, affirmed the minister Welber Barral. As for the GNP, one hopes that this one should expand 5 % next year impelled by a growth of between 1 and 1.5 % in the present year, overcoming the expectations the beginning of the same one.

(I resided …)

The GNP of Spain moderates his fall

2009-11-12T16:32:00.001-08:00

If we observe the graph of the GNP of Spain the free fall sensation is clear. The Spanish GNP has not spending them well from the beginning of the recession (already one year ago), and trimester after trimester the things are worse than the previous trimester. Up to this trimester, where at least the economy one can take a breather.

The Spanish economy has moderated relatively his fall after his GNP fell down 4 %, two tenths less than the number corresponding to the period between April and June. This third quarter of the year means the minor fall rhythm from the revenue of the Spanish economy in the recession, at the end of 2008.

The number is 0.3 % of clipping as regards the previous trimester, but the same way the news cannot be overvalued. In fact, this is the fifth consecutive fall trimester for the Spanish economy, and the analysts assure neither recovery nor much less.

(I resided …)

The pessimistic World Bank with the USA

2009-11-12T01:50:00.001-08:00

The economic analysis assigns to the United States the ball roll in a ping pong party. The analysts have opinions highly diversified with regard to his economic stability and to his future in short and medium term. With information ambiguous and difficult to analyze, they decide in favor some of the pessimism.

It is the case of Robert Zoellick, president of the World Bank, who today realized some considerations with regard to the American economy emphasizing that it is had complicated enough for his recovery seen by the recent enormous increase of the percentage of unemployment in this country.

“They will have problems with the crime, the credit loans and the loans to consumers - affirmed Zoellick - since the people will not be able to pay his mortgages. Some banks also will continue with his problems”.

(I resided …)

The industrial production of China grows to unexpected rhythm

2009-11-11T18:11:00.001-08:00

The graph of China keeps on growing with sure rhythm, and the last steps were raised by a little of help of the industrial production of the country. Information revealed recently points that China grew significantly in his industrial production, in a more rapid level of the waited for the analysts.

The National Agency of Statistics of China has published today the information corresponding to the industrial production of the country during October, which show that China has perceived an increase of 16.1 % in the same one for this month.

In this one 16.1 % has played undoubtedly a key role the bundle of stimuli of the government, which has served to spray with optimism the analysts, who see with good eyes 8 % of annual growth predicted for this 2009, since this is the highest growth from March of this year.

(I resided …)

Lloyds Bank will dismiss 4300 workers

2009-11-10T21:07:00.001-08:00

The year does not come well for Lloyds Bank, which he has announced does a time his plans of emancipation of the plan of assets of the government, but that today has announced a measurement that it shivers to his staff. Lloyds Banking Group PLC will dismiss 4300 workers, and 680 more tremble for his position.

The fact is that the British financial group indicated his will to dismiss 4300 workers, between them 2400 contractors, staff temporary and street personnel. Also, 680 positions also will turn out to be affected for it restructures of the institution, and they will be redistributed to one of seven places in his divisions retail.

5000 employees are, then, in running sands. Rob MacGregor, official of the trade union of the institution, declared that “This announcement on the part of Lloyds Banking Group of 5000 dismissals demonstrates the depth of the corporate arrogance of this bank. We will keep on working close with our companions affected by this to help them in these changes facing next year”.

(I resided …)

Electronic Arts: Times of change and dismissals

2009-11-10T13:34:00.001-08:00

Ugly moments for the company of games Electronic Arts. With the throwing of the series Rock Band of for way, EA has experienced a year difficult to digest, with a few losses of US$391 million at the end of the third quarter, which stopped removing the board of the company and they have made her take a difficult decision.

It is a question of the clipping of 1500 jobs, a measurement that integrates to the plan of renewal that Electronic Arts is carrying out, and which will allow to save approximately approximately 100 million dollars a year as has informed the official chief of finance of the company, Eric Brown.

“We are not focusing in what works and in what it imports”, affirmed Brown, conscious of that EA is opposite to an epoch of restructures and that the future times will be change times.

(I resided …)

Puma with repuntar hopes in the Cup of the World

2009-11-09T18:19:00.001-08:00

Cameroon is one of the African teams protected by Puma.

The World Cup of South Africa 2010 is a very few months ahead of beginning, and the long waiting is already on the point of becoming true. Some of them wait more than others, and between them there finds the signature of sports clothes Puma, which before one year of very bad news is given hope of be mending facing the World cup of Soccer.

The third quarter of Puma was quite bad, with gross income without taxes that there fell down 21.6 % to US$145.8 millions, number that although it was according to the expectations of the analysts, does not manage to channel yet completely the situation of the company.

But the world cup can change everything. Puma is the mark auspiciante of the teams of Cameroon, Ghana, Côte d'Ivoire, Mozambique, Egypt, Tunisia, Namibia, Morocco, Angola, Senegal and Togo, it lists the one that recently has added Algeria to herself.

(I resided …)

France goes out step by step of the recession

2009-11-09T10:45:00.001-08:00

The French flags ripple relieved before the second consecutive announcement on the part of Banco de Francia of economic growth continued in the second and third quarter of the year. The French economy closes the period from July until September to the rise and does that Nicolás Sarkozy sighs relieved.

The French economy has closed in September with a modest but welcome growth of 0.5 % in his GNP, which happens to the growth registered for the previous quarter, in which the Gross National Product of France grew 0.3 %.

Before this information the government of Nicolás Sarkozy is provided with more solid hardware to base his economic policy, and about the year 2010 the forecasts oficialistas are already made. For the next year one waits for a fragile recovery, and the budgets were calculated by an advance of 0.75 %.

(I resided …)

The unemployment grows 10.2 % in the United States

2009-11-06T22:52:00.001-08:00

The growth of the productivity and of the patrimony of the companies they are not enough to cover the reality. The United States is still complicated enough in terms of his economy, and perhaps the indicator that serves to appreciate it with major clarity is the valuation of unemployment of the country.

More now, so in October the percentage of the American population who has no employment has reached 10.2 %, in a percentage that detaches 0.4 percentage points of 9.8 % reached in September and that implies the highest number from April, 1983 according to information of the Department of Work of the USA.

From the official beginning of the recession in December, 2007, the number of unemployed men has grown to 8.2 million persons, before what Barack Obama declared that “I will not rest until all the Americans who want work find work”.

(I resided …)

The productivity grows in the United States

2009-11-06T00:54:00.001-08:00

It was doing it in China and also it does it in the United States. The labor productivity they increase in two economic poles of the planet, in an increase that is a good indicator for the economic analysts, at least in a preliminary vision of the matter. Let's go on to the information.

The Department of Work of the United States has announced that the index of productivity of the country has experienced a growth of 9.5 % in the third trimester of the year, three percentage points more than the due one 6.3 % of increase. Meanwhile, the labor costs decreased 5.2 %.

The index of productivity of a country measures itself calculating the production for working hour, and a growth of the same one can be understood easily like a direct benefit for the companies. Nevertheless, leaving aside the isolated reading of the information and including them in a global panorama and contextualizado, the things not necessary must mean that.

(I resided …)

Microsoft will dismiss 800 workers

2009-11-05T17:06:00.001-08:00

It is clear that this one is one year old hinge for Microsoft. After the durísimo blow that implied the pernicious economic reality of last year, the company has to vindicate itself yes or yes in this 2009. The wash of face that implies the throwing of Windows 7 is a good step on this matter, and the recovery hopes are on the table.

Nevertheless, when the good epochs seemed to be still to return, Microsoft announces today the clipping of 800 jobs that join the 5000 realized ones previously, lowering to ground the beliefs of recovery of the company.

The dismissals will take place everywhere of the world, but the majority of the same (200) will happen in the head office of the company in Redmond (Washington). This way, Microsoft cuts away in whole 6.3 % of his staff of more than 91000 employees on which beginning met a year, more than 5.5 % foreseen at the beginning of the same one.

(I resided …)

Furious Berlin with the GM

2009-11-05T09:27:00.001-08:00

The vice-president General Motors (GM) said that the plan of restructuring of his European branch Opel will suppose the elimination of approximately 10.000 jobs in the whole Europe.

This terrible number knows only one day later that the giant self-propelled American will announce his intention of canceling his plans of car parts Austrian - Canadian to sell Opel to the manufacturer Great Internationally.

The decision has been received by indignation in Germany and the government of Berlin for his part has demanded the return of the US$2.200 millions contributed to support the operation with Great.

The German trade unions did not remain behind and they have summoned unemployments in the factories to press GM.

(I resided …)

France in favor of the anonymous résumé

2009-11-05T01:17:00.001-08:00

The French government tries to reduce the labor discrimination by means of the anonymity in the résumé.

The proposal will be applied in 50 companies that were taking part voluntarily and that will receive for 6 months the CV of hard-working potentials, but without basic information like his name, sex, age, nationality or direction.

Despite being typified like a crime, the labor discrimination is a widespread phenomenon and at present thousands of French suffer it on having looked for employment for having foreign surnames or living in difficult quarters.

The International organization of the Work (OIT) indicated in 2007 that almost four of every five employers in the country prefer to hire a worker of the metropolitan France before one of Maghrebi or North African origin.

(I resided …)

The gold marks record in his value

2009-11-04T17:21:00.001-08:00

Flagging dollar newly is gaining force, but not the sufficient one as so that the investment in he is blind, as earlier. In fact, one of the consequences of it is the investment in other coins, and between them we find the gold, which today has marked a milestone in the history of his value.

The International Monetary Fund has decided to sell 200 tons of gold to the Central Bank of the India, in an operation that revalued the gold to the whole world, reaching a record value of US$1095.05 the ounce in London and US$1084.50 in New York.

In fact, the expansive wave of this movement has reverberated deeply in the investment in commodities, and perhaps this is the tendency of investment so many people that want to move away from the American dollar.

(I resided …)

Opel in strike in the whole Europe

2009-11-04T09:20:00.001-08:00

The running sands on which Opel is stopped continue in a complex suspense. The trade unions well know it, and before the insecurity that reigns between the staff of workpeople of the company of Detroit after the rupture of the agreements on the sale of Opel to Great on the part of General Motors, they have summoned to a strike of important dimensions.

The decision has been taken by the committee of the company in Germany, where from there has been summoned a day of strike that will have beginning Thursday German at 13:00, urging all the European partners of the signature to adhere to this unemployment that takes as a target to press to the signature.

Obviously, the measurement will harm seriously the Opel production in the European continent, but seemingly not all the European employees of the multinational do not have the same intentions of his German companions; at least from Spain negotiations are proposed.

(I resided …)

Spain will not see economic growth until 2011

2009-11-03T21:27:00.001-08:00

The recent news was bad for Spain, and what was black now restained black turns with the recent public made predictions from Brussels, where referring to the economy of the Euroarea one speculates that the Spanish economy will not see growth but until the year 2011.

Let's revise. The unemployment valuation in Spain is at present the biggest second one of Europe (heading the list the unfortunate Lithuania), and the public deficit of the country reaches 9 %, percentage that will not go down during the next three years.

Brussels believes that the Spanish economy will contract 3.7 % this year, and the same will happen in 2010, with 0.8 % of contraction. To this he will be followed by a shy recovery of 1 % in 2011, year in which one hopes that Spain should make use of the opportunity to prolong his growth some years more.

(I resided …)

Bad third quarter for BMW

2009-11-03T13:21:00.001-08:00

Undoubtedly the automotive industry has been one of most struck by the world financial crisis, and what started by being translated in massive dismissals, then turned into low income. And it is the case of BMW, since the production company of luxurious models has had a third pernicious quarter, with a clear revenue that fell down in a forceful percentage.

The German multinational closed a third quarter with a clear revenue for 78 million euros, moving away from 298 million correspondents to the period of July - September, 2008. Sales low and low in the actions were the engines of the sudden fall.

The price of the actions of the company lowered neither more nor less than 7 % to 31.20 euros in Frankfurt, and sold 7.2 % less of cars, becoming alienated down from 12.6 trillion euros of the third quarter of 2008.

(I resided …)

China increases his manufacturing activity

2009-11-03T03:11:00.001-08:00

China goes to the gallop, and with a growth of 8.9 % announced between July and September, he makes to dream the Gongs again to the unison on this day on having announced a growth in his manufacturing industry.

The manufacturing sector of the country has grown in October to his most rapid rhythm in 18 months, fact that derives from the index PMI spread by the Federation China of Logistics and Buys, which grew in October to the number of 55.2 departing from 54.3 in September.

The PMI is an index that reflects the manufacturing activity of the countries, and that with values superior to 50 one is already considered that the sector of manufacture of a country has grown.

(I resided …)

There grows the financial patrimony of the companies of the USA

2009-11-02T15:17:00.001-08:00

Along the closing of this third quarter we have been witnesses of good and bad results in the particular companies. Nevertheless, the companies that have obtained benefits have been more in number that those that losses have declared for the third quarter, and with the recent impression of which the American economy goes in ascent, the situation seems to be encouraging.

Now we throw more firewood to the fire, since a recent financial analysis published in Wall Street Journal has notified an ascent in the financial patrimony of the American companies, which has reached the entire number of US$944 trillions.

This number corresponds to the 500 biggest non-financial companies of the United States, and the number is related to the financial patrimony in cash and in short-term investments. The US$944 trillions overcome in 7.9 % of the US$846 trillions registered for last year.

(I resided …)

The Euroarea breaks unemployment record

2009-10-31T07:10:00.001-07:00

We extend in the unemployment - because in my country it rains and I am particularly pessimist - and having done fulfilled with Lithuania, open the margin abarcativo to speak about the Euroarea in its entirety, where the unemployment also has grown and has beaten record of last ten years.

The global calculation of 16 countries that integrate the Euroarea throws an unemployment of 9.7 %, a valuation corresponding to September and that is the biggest from January, 99. In absolute terms, this implies 15.3 million unemployed persons.

The unemployment has grown especially as for persons younger than 25 years, with a valuation of juvenile unemployment that has grown to 20.1 % from 15.7 % for September of the previous year.

(I resided …)

The unemployment in Latvia overcomes to the Spanish unemployment

2009-10-30T23:01:00.001-07:00

The leadership as the country with major high of unemployment in the whole Europe was taking uninterruptedly his Spain from December, 2007. Being one of the most affected countries of the whole continent for the world crisis, Spain took the bad ones for many months, up to today, when Latvia intervenes.

The Baltic country has crossed a durísimo September, with an economy in free fall for that one waits contract 18 % at the end of year, and with a valuation of unemployment that has grown eleven tenths, being located in 19.7 %, at the top of Spain and turning in the country with a more affected labor market.

Nevertheless, this information spread by Eurostat of little serves so that the Spanish people becomes satisfied. In Spain also there has grown the unemployment, five tenths up to reaching 19.3 %, and in fact this means a growth major than previous months, when it had growing because of three tenths per month.

(I resided …)

Shell disappoints in the third quarter

2009-10-30T07:00:00.001-07:00

The infirmities of the economic crisis gave hard to the industrial companies, all included in the same bag. From the smallest they saw the biggest how his perspectives of growth and subsistence were putting themselves in danger before the fall of the prices of the oil, oil and gas, and the case of Shell is well-known in this sense.

The gigantic Dutch company Royal Dutch Shell PLC has not spent them well in the third quarter of the year understood between July and September, and the information published today like that demonstrates it. In fact, the company had a few profit of US$3.25 million, almost five less than the US$8.45 trillion income of the previous year.

In fact, the sales lowered 43 % to US$75 trillions, and there is planned the dismissal of approximately 5000 employees before end of year, 5 % of the whole of his staff of workpeople, as has informed the Executive in Chief of the company Peter Voser.

(I resided …)

The economy of the USA grows …: Does the economy of the USA grow?

2009-10-29T23:21:00.001-07:00

Official information of the government of the close states has left enough similar to the Democratic Party, the citizens and the American means of press, since the last numbers indicate a growth of the American economy, which has opened hopes in some, but also certain doubts in others.

The plan of stimulus offered by Barack Obama of US$787 trillions concluded in August, but his results become officially visible today, so the economy of the country has grown 3 % in the third quarter of the year, giving cause for the speculation if the United States is already going out of the recession.

Normally it is considered that a country has gone out of the recession when his economy grows continuously during a quarter of the year. It is this really what we see in case of the United States according to this information spread by the Department of Commerce. But care, we might be opposite to a mirage.

(I resided …)

Sarkozy in sights of reactivating the French agriculture

2009-10-29T14:30:00.001-07:00

In countries as France, where the ground takes advantage to the maximum to plant, the agriculture must work oiled. Nevertheless, the economic situation of the Gallic country has not been very generous with the sector, and several producers declared in bankruptcy joined a descent of the agricultural production have set in check to the French agriculture.

Nevertheless, there in the sky a figure is glimpsed … He is a dwarf …: He is a buffoon! …: NO! he is Nicolás Sarkozy!!! Yes, Sarkozy to the rescue, since the French president has announced the starting of a plan of state stimulus directed to reactivate the agricultural sector, granting loans and financings for the producers in order to encourage the production.

This plan of “exceptional support of the State” is at the price of 650 million clear euros, which him 1000 million euros will join more by way of loans discounted with a low money-market rate that will be 1,5 % or a 1 % in cases of agricultural young people.

(I resided …)

Norway increases his money-market rate

2009-10-28T20:30:00.001-07:00

From the beginning of the world economic crisis the money-market rates of the countries they have or remained static, or have descended abruptamente. Nevertheless, in case of Norway the news is good, since the money-market rate of the country has risen, in a due movement but received good.

The Central Bank of Norway has spread the fact of which the money-market rate of the country has raised from a 1.25 % a 1.5 %, and the analysts hope that the tendency should keep on growing in the next months.

The authorities of the economy of Norway have pointed out that the increase of the money-market rate was something very necessary, since the inflation was higher than the awaited thing and the unemployment was greatly minor than it had been projected for this second half of the year.

(I resided …)

BP obtains benefits and his actions grow

2009-10-28T07:55:00.001-07:00

The surprise of the day on the industrial markets it has been given by the giant of the energies BP, who has announced his benefits today, and with a barrel of oil that is commercialized to 80 dollars, the growth of the company in the third quarter makes us open-mouthed.

BP has announced his net profits in the third quarter of the year, with numbers that the US$4.98 reached trillions. The number overcame significantly the expectations, and it has caused a fuss in his actions, which have detached 4 % today.

An analysis deeper than there is behind this number shows that the costs for production unit were a 18 % less than in the third quarter of 2008, while the production lowered 7 % as regards the previous year. Moreover, with the low price of the barrel the income of the company reached only the half as regards 2008, when in July the barrel was to US$147.

(I resided …)

It lowers the bank loan and the Euroarea worries

2009-10-27T23:47:00.001-07:00

However much some European economies have overcome of incipient form the aggressive attacks of the world crisis, officially the Euroarea continues in recession until the information of the current quarter should be develados of accurate form. In fact, some indexes do not throw good hopes for the European economy, like for example the valuation of bank loan to companies.

The European Central Bank has spread the information regarding the valuations of bank loan to companies, worrying enough to the countries of the euro on having fallen down in an annual valuation of 0.3 % compared to the most modest growth of 0.1 % in August.

The worries increase after the loan has not fallen down only to companies, but also to that of the owners of hearths, which also was translated in a fall of 0.3 %, following a fall of 0.2 % in August.

(I resided …)

Mapfre gains 3.9 % looking at the world

2009-10-27T16:07:00.001-07:00

In the economy of international integration, they gain those who play outside. It is the case of Mapfre, which thanks to his international expansion has managed to obtain economic benefits as crucial impulse facing the recovery of the crisis, which we sum up next.

The insurance company has registered a net profit for 743.4 million euros in what it goes of the year, specifically from January until September. As regards the previous year, the economic progress is translated in 3.9 % that is fundamental facing the continuous expansion of the insurer.

The income of the company it has perceived clear income for 14.350 million euros, which, as has informed the National Commission of the Stock market (CNMV) of Spain big part of this income of deben to the good march of the international business of the company.

(I resided …)

The Korean economy grows to fast rhythm

2009-10-27T07:46:00.001-07:00

The vector of the world economy points towards the Asian continent. Of that doubts do not stay if we pay attention to the growth of the Chinese and Japanese economies, and in fact someone others do force to incline the arrow more to the east still. The economy of South Korea is one of them.

The economy of this country has not had the best 2008, with recessions of up to 5.1 % in the last three months of last year. The crisis has stuck loudly, but the information spread today with regard to his numbers is a good indication of that the country is recovering properly.

There has been seen a growth of the GNP of Korea in 2.9 % in the third quarter compared to three previous months, growing 0.6 % compared to the same period of last year and ending with an uninterrupted descent during three consecutive quarters.

(I resided …)

The United Kingdom still in recession

2009-10-24T16:47:00.001-07:00

The British Pride had all the hopes put in the third quarter, hoping to exit of a recession that already takes more than one year suspended in your economy and that towards ends of September seemed to be coming to your end. Nevertheless, the news is bad for the United Kingdom, since your economy continues still in the dry dock.

The update of the Office of National Statistics shows the numbers for the third quarter of the British economy, in which a recession of 0.4 % is appreciated as regards the second quarter of the year.

The news comes like a baldazo of cold water before the expectations of the British economy, who due to the growth in the sector had excited services with that this was going to be the month of leakage to the crisis. Nevertheless, the GNP diminished more than the growth of area of services, provoking this way a continuum in the recession.

(I resided …)

Windows 7 makes Microsoft happy

2009-10-23T19:28:00.001-07:00

Windows 7 threw himself yesterday (for consultations on this matter, asked, inconveniences and desire of estresar, speak for someone to Mr. Gastón Festari), and Microsoft has already taken the calculator to do accounts with regard to the benefits that it has brought to YOU.

The third quarter of Microsoft had not been completely good, although he had managed inside the limits foreseen by those of Guillermito Portones. Clear inputs of US$3.57 trillions with a fall of 18 % as regards the third quarter of the previous year were minor numbers to the worst estimations of the company, so all contentments. In fact, Windows 7 comes to help.

Also, Microsoft is largely a person in charge of to that the third quarter has not been normal instead of having been a little bad, since for users who bought computers during the summer, Microsoft gave them the possibility of Windows 7 being updated of free form after your throwing.

(I resided …)

The euro overcomes 1.50 dollars

2009-10-23T11:57:00.001-07:00

Somewhere near August, 2008 the euro was managing to overcome the dollar, and the European single currency was reaching differences that they did not turn to register in fourteen months. October has had to come so that the euro quotes to 1.50 dollars, in a revaluation that might bring some problems for the euroarea.

The euro began to recover in March, and the result is 20 % of revaluations with regard to the dollar in what it goes of the year. The European Central Bank dials today an exchange rate for 1.4921 dollars up for euro, generating several long faces in the European countries.

This way, Jean-Claude Trichet, precidente of the BCE said that “the excessive volatile nature and the untidy movements of exchange rates have negative consequences for the economic and financial stability”, while Jean-Claude Junker, from Luxembourg prime minister affirmed that this evolution of the euro “is a problem that worries us”.

(I resided …)

The Chinese economy grows 8.9 %

2009-10-23T04:22:00.001-07:00

In a third quarter with economic growths for many countries, China had to give the note. And this way it does it announcing the numbers of your economic evolution during the period from July until September, which throw a growth of 8.9 % of the Chinese economy.

The Gross Internal Product of the red country has experienced a growth accelerated in a very little weather, with protagonists like the motorcars industrial production, 33 % of growth in urban investments and a 1 5.5 % of increase in consumption retail. The economists had predicted 9 % of growth, and the number has been more or less located there. But why? There are two possible explanations for it.

The first one is the Big Chinese State. The government has injected into packets of stimulus a few US$586 trillions, encrypts that it has allowed to many business and companies to continue with your activities and production independently of the blows of the economic recession, while of another side of the world the things were going in reverse.

(I resided …)

Yahoo! it breaks expectations and closes with profit

2009-10-22T20:51:00.001-07:00

In contrast to Google, Yahoo! it has been years since it has lost supremacy on the market of the Internet search engines. Last year was suffered for the company, and during the whole 2008 the signature dismissed more than 2000 workers. Nevertheless, this 2009 has being promissory for Yahoo!, and the last data like that demonstrate it.

The search engine has closed a third quarter of year with profit of US$186 million, in contrast to the scarce ones US$54 regarding the previous year. This increase in the benefits owed principally to the costs reduction, since the sales fell down 12 %.

In this context, Yahoo! he wants to keep on growing. The company changed address with the substitution of the co-founder Jerry Yang for Carol Bartz in January, and last month it already began to take measures on this matter relaunching the portal of the company accompanied by an advertizing campaign of US$100 million.

(I resided …)

It improves the management of information of your company with IBM

2009-10-22T13:19:00.001-07:00

Nowadays the volumes of data handled by some companies it is such that the appropriate support, management and organization of the same ones must realize with an appropriate technology and a strategy that works of oiled form. The success of the companies depends on it, and, conscious of it, from IBM they bring us interesting answers.

IBM points at a strategy of organization and management of the information of the companies based on a use of the hardware of hardware and software that the service of the company puts at the disposal of the client, with which one thinks about how to improve the management of the information that your company handles.

The answers that IBM offers center on hardwares of environments Intel and Power, a varied offer of flexible and adaptable softwares to the needs for companies of all kinds and the widest portfolio of services.

(I resided …)

Pfizer loses sales but it gains money

2009-10-22T05:49:00.001-07:00

Low sales bring less money, for logic. But if intelligent measured captures and on time, you will be able to survive, and perhaps exceed the surface. It is the case of Pfizer, which with a clippings politics has survived the third quarter comfortably, even bringing inputs.

The numbers relative to the third quarter of Pfizer show that the company has grown 26 % with regard to the third quarter of 2008, with a clear input of US$2.9 trillions. Nevertheless, your sales downloaded 3 % to US$11.6 trillions.

The developers of Viagra and Lipitor searched for them well, cutting away jobs simultaneously that to carry clippings out in the budget of marketing and of investigation. This way, although the competition managed to clean Pfizer out in the global sales of the market, the company has managed to mend.

(I resided …)

Apple does a wink to him to the recession and grows 47 %

2009-10-21T22:18:00.000-07:00

Facing the throwing of Windows 7 on the part of Microsoft, Apple puts with proud smirk your provocative face on the table, develando the numbers relative to your growth in the third quarter, enviable not only for Bill Gates, but for the president of any another company.

Apple not only joined the list of companies with growth in the July period at the end of September, but it is possible to boast of heading it on having grown neither more nor less than 47 % as regards the third quarter of the previous year, obtaining net profits of US$1.67 trillions.

The sales grew 25 % to US$9.87 trillions, and in detail it was possible to appreciate a growth of the sales of computers in 17 % and sales of iPhones in 7 %, although a slope of 8 % was perceived in the sales of iPods. Also, Apple sold 3.1 million Macs, more 19 % of the registered for 2008.

(I resided …)

Hasbro grows 8.8 % in the third quarter

2009-10-20T14:14:00.001-07:00

The protagonist of the day is Hasbro, and not precisely for children's games. We speak about economy, since Hasbro, the second bigger developer of toys of the United States declared today that your sales grew 8.8 % on having finished September compared to the previous quarter.

Hasbro declared that your profit grew to US$150.4 million (or 99 cents for action) in the shutdown period of September 27 and from the US$138.2 (or 89 cents for action) registered for the same quarter of the previous year, overcoming the expectations of 93 cents for action estimated by the analysts.

As he has declared the company, the growth owes partly to the low costs of production and the biggest sales of dolls of Transformes and of G. I. Joe. Also, the sales for children grew in global, which did not happen in sales for girls', preschool games and the categories of puzzles and games of table.

(I resided …)

The DSB Bank goes into bankruptcy

2009-10-19T19:36:00.001-07:00

Little could do the Dutch Central Bank before the precarious financial situation of the DSB Bank. Last twelfth of October the State had tried to rescue to the institution after there had aborted the plan of rescue headed by five different banks, and to a week of the operation it has been declared the bankruptcy.

The Court of the District of Amsterdam declared that the problems of liquidity and solvency of the institution were untenable, and that although the Central Bank did all the possible from supporting the bank afloat, the efforts could not fulfill your target.

The strawberry of the cake was the abort of the negotiation with a group of American investors who were interested in acquiring the institution, but who do not agreed to be done by the bank due to the uncertain future of the same one. “The Court concludes that the possible maximum thing has been done to achieve your survival, but now there are already no perspectives”, he declared the Dutch Court.

(I resided …)

Fears on the dollar lead to the gold to another record

2009-10-19T15:20:00.001-07:00

The price of the gold keeps on advancing in your meteoric upward career and registering new record, in only six months 19 % has been revalued.

This owes to the strong adjustment that suffers the dollar that 10 % has depreciated opposite to the euro, what has impelled quickly the quotation of all the assets that are negotiated internationally in dollars.

On the market one begins speculating on a structural weakness of the dollar, due to the persistence of the double public deficit and for checking account and to the fragility of the recovery.

(I resided …)

Bank of America announces losses

2009-10-18T06:15:00.001-07:00

And as well as Google wins, the Bank of America loses. The banking house has announced today your summary of the third quarter, which bequeathed losses of more of US$2 trillions after the losses kept on growing for bank loans, realizing of that really it is difficult to the consumers to pay your accounts.

The second biggest bank of the United States brought losses of even US$10 trillions in the period from July until September, uploading one trillion from the second quarter. 26 cents lost by action it is what has registered the institution, five cents more than the predicted ones by the analysts of Thomson Reuters Inc.

“Obviously, the credit costs are still high, and this is our biggest financial challenge - affirmed Ken Lewis, CEO of the Bank of America-. Nevertheless, we are given hope by positive signs like the reduction of the crimes between our numbers of credit cards”.

(I resided …)

Google announces profit

2009-10-17T22:40:00.001-07:00

The balances of the third quarter are throwing good and bad. In the first line there is located the giant Google, which has brought your benefits for the third quarter, the monstrous and the biggest of the company, leaving in clear that the days of the economic recession have stayed back for the company.

Google brought a net profit for 1.64 trillion dollars in the period understood between July and September, becoming alienated 27 % of the numbers registered for the previous year. “The peir of the recession is, clearly, behind us”, affirmed the executive in chief of Google Eric Schmidt in conference of the obtained benefits.

In fact, the actions of Google have grown US$16.44, or 3.1 % in commerce extended in yesterday. “Google does not have competition - says the analyst Coin Gillis-. Yahoo is withering, and Bing is still very small”.

(I resided …)

Bruce Wasserstein dies at the age of 61

2009-10-17T15:06:00.001-07:00

An authentic young legendary dinosaur of the successful investments and referential icon of the Wall-Street of the eighties towards here said goodbye of the world in yesterday to 61 years of age. I speak about Bruce Wasserstein, who fills the home pages of the press specializing in this October 15, 2009.

Wasserstein was a lawyer and postgraduate of the University of Michigan, Harvard Business School and Harvard Law School. Your career began like lawyer to stand out in reaching notable agreements with economic benefits of astronomical numbers in a career of more than 30 years of duration.

It was characterized by your certain and aggressive character, which allowed him to sell Dresdner Bank for 1560 millions, reaching with it the lists of Forbes's multimillionaires. It took part also in the Nabisco buy for KKR, that of Kraft for Philip Morris and the merger of Warner Brothers and Steal.

(I resided …)

Nokia loses sales and a lot of money

2009-10-17T07:28:00.001-07:00

An outstanding figure …

The concept of mobile telephony has crossing a new revolution. The arrival of phones of last generation as the iPhone or the Blackberry have been a hard blow for those of the old school. In the category it inputs Nokia, which has remained somewhat left behind in the preferences of the public, feeling it in your economic balance of the third quarter.

Between July and September the Finnish company has lost neither more nor less than € 913 millions as the recent data spread by the company, in a few losses that move away painfully from the profit of € 1.1 trillions registered for the same quarter of the previous year.

The clear sales of the company have descended meaning a fall of € 9.8 trillions, compared with € 12.2 trillion euros of one year ago back.

(I resided …)

China: the second country of the world with more multimillionaires

2009-10-16T22:02:00.001-07:00

The Chinese economy keeps on giving firm steps. In addition to being the one that better is supporting the world crisis, China is a news again on having been consolidated like the second country of the world with more multimillionaires, second after the United States, with still big distance.

The fact arises from the list Hurun 2009, which is prepared by the economist Rupert Hoogewerf and in that the countries qualify according to the multimillionaires' quantity. In case of China the country occupies the second place with a quantity of 130 multimillionaire persons, who have seen your capital growing 30 % in the last year, and of whom the one that heads the list is Wang Chuanfu, president of BYD with a fortune for 5.100 million dollars.

Leading the list there is the United States, which in spite of the bad daily piece of news that is bringing your economy, he leads with 359 multimillionaires, at a considerable distance of China.

(I resided …)

Third profit trimester for JPMorgan

2009-10-16T14:14:00.001-07:00

JPMorgan Chase is a news today on having spread the data of your profit in the third trimester of the year. And not only for it, but also for the fact of being the first one of the big American banks in bringing benefits in this period of the year.

JPMorgan has brought a benefit of US$3.59 trillions at the end of the third trimester. This number is neither more nor less than seven times the profit of the bank at the end of the third trimester of the previous exercise, which would be enough to give stability safety to the entity. Nevertheless, your managers remain cautious on this matter.

Jamie Dimon, president and manager of the bank, has demonstrated your conformity with the situation, but he has warned that this is an only one reading of the present of the bank. Dimon declares that the bank in turn experiences problems in the total of money lost in credit costs.

(I resided …)

China and Russia fix trade routes

2009-10-16T06:02:00.001-07:00

- Standing communists! No, less you, Mr. Castro and Mr. Marx.

The commerce between China and Russia - the two most important 'communist' nations of the world - has growing to notable form year after year. In the last six years the commercial relations between both countries have grown of US$10 trillions to US$50 trillions, and it seems that the increase is not going to decrease.

The fact is that today, the second day of visit of the Russian prime minister Vladimir Putin to China, he promises to be that both countries trillions have signed approximately forty commercial agreements at the price of US$3.5, in a commercial strategy in which China will put the money and rusia the services.

The dealings include operations of enormous importance. One of them is the supplement of 70 trillion cubic meters per year of Russian gas to China, the sale of Russian oil and up to two loans of US$500 million Chinese banks to Russian financial institutions, one of the Bank of Development of China to your counterpart Russian, the Vnesheconombank, and other of the Agricultural Bank of China to the VTB Russian Bank. (I resided …)

Holland takes control to the DSB of Bank

2009-10-15T22:19:00.001-07:00

Many banks have sunk immediately after the economic recession through that we are living, and in the whole world it has been frequent to have bad news about the bank market on this matter. Nevertheless, in case of the DSB Bank although the recession played your role, your financial problems are largely your fault.

The bank had serious problems of liquidity and solvency, in a very fragile situation that was putting in danger your survival. A program of rescue headed by a consortium of ING, SNS Reaal, Rabobank, Fortis and ABN Amro had processed of negotiating the weekend with the DSB, but the attempt aborted.

For it, the Dutch Central Bank has put the pants and has intervened to avoid the failure of the DSB, in an operation that has turned out to be transcendental for the survival of the institution.
(I resided …)

Nobel Prize of the Peace for Barack Obama.

2009-10-15T00:58:00.001-07:00

A few days ago it did this banner to itself and indicated him that he was delivered to the American leader by your extraordinary efforts to strengthen the international diplomacy and the collaboration between the peoples.

Also it was said that the committee gave him special importance to the vision and to the efforts of Obama so that there is a world without nuclear weapons.

The president of the committee, Thorbjoern Jagland, said that thanks to your initiatory the United States is playing a more constructive role at the moment of facing the big climatic challenges that the world faces.

Barack Obama is converted into the first American chief in gaining the award since Jimmy Carter was obtaining it in 2002.

(I resided …)

The numbers of the black market of Internet

2009-10-14T17:23:00.001-07:00

The economy in Internet not only happens in Amazon or MercadoLibre. The called black market of Internet moves probably a lot of more money that the online shops, and the same one is organized significantly, bringing up to 70.000 million euros per year of inputs.

These illegal emrpesas are not different that the persons in charge of the frauds of credit cards or the junk mails (SPAM) that flood the pigeonholes of any electronic mail server. On this matter, the recent data spread by the company of computer safety GData scare.

From the company they continued the track of the digital delinquents to know your modus operandi. The companies of this black market operate in forums and illegal shops thanks to services of accommodation provided by cyberdelinquents who act as deal stages to carry out your maneuvers.

(I resided …)

Nobel Prize of Economy 2009

2009-10-14T09:49:00.001-07:00

From your creation in 1968, the Nobel Prize of Economy has always gone to stop to men's hands. This editing 2009 of the delivery of the awards does history, since Elinor Ostrom has been converted into the first woman in there was awarded by the Nobel Prize of Economy 2009, which he will share with Oliver Williamson.

Both economists have stood out for your studies and theories on the governmental management of the economy, and have developed separated theories that they have contributed significantly to the understanding of the same one.

Ostrom, teacher of the University of Indiana, has stood out for your analysis in the management of the common property on the part of associations, while Williamson, investigator of the University of California in Berkeley, has been employed at the theory of which the big private corporations exist thanks to your efficiency. Based on it it has generated a model of direct regulation of the same ones, in contrast to the limitation of your growth on the part of the government.

(I resided …)

Government manages to approve polemic means law

2009-10-14T02:05:00.001-07:00

The Argentine Congress converted into law the project that imposes limits to the monopoly of audio-visual means, it extends state regulations and defines the activity as social and of government property.

Not long ago we were annotating that this law that would affect straight the Group Clarion because the norm limits the quantity of licenses of radio or of television that the same company can produce.

The law enforcement will be in charge of an organism composed by seven members, two of them under direct designation of the Executive power, three chosen ones by the National Congress and the rest for a Federal Advice.

(I resided …)

What is the economy?

2009-10-13T18:30:00.001-07:00

The economy is a science that thinks about how to explain and foresee the set of activities that relate the production, the distribution and the consumption of goods and services.

The science character is determined because there exists a systematization of the knowledge that he thinks about how to formalize in models econométricos, using the mathematics as a language.

Etymologically the word comes from the Greek, oikonomía (oikos: he marries; nomos: norm, law, administration) and it means address or administration of a house.

The economy can split into two big fields that are the microeconomics and the macroeconomics.

All these concepts will be defined next.

(I resided …)

The OECD countries improve your economies in August

2009-10-13T10:43:00.001-07:00

Ángel Gurria.

Although in September enough evil came from the eyes of the IMF, August was not so bad for the European countries, at least those of the OCDE, that according to the pointers spread today your economies experienced a progress in this month.

The economies of the countries of the Organization for the Cooperation and the Economic Development (OCDE) have showed a soundness in your recovery. Ángel Gurria, president of the institution, has affirmed that “The index consisted of warning leaders of August keeps on pointing at the recovery in the totality of the principal economies with France and Italy pointing at a potential expansion”.

This way, the pointer consisted of the set of the countries of the organization reached 99.2 points, overcoming the 97.8 registered ones for July and being located six tenths more than August, 2008. Spain improved 1.5 as regards July, being located in 102 points, 4.6 points more than one year back.

(I resided …)

France in the struggle of eliminating the stress of the work

2009-10-13T01:26:00.001-07:00

In days in which the labor stress proliferates throughout, the managerial politics necessary must be focused to prepare it, or if it is already set, to reduce it. France happens to be an example today, on having announced a plan of the Department of Labour to reduce the labor stress.

The proposal arises from the critical situation that some companies of this country are crossing. Telecom, for example, has lived through the misfortune of 25 suicides in 18 months, while in case of Renault, recently there has happened another suicide that it has put in flames to the public opinion.

For it, from the department there has been promoted the strategy of forcing the companies to start a program anti-labor stress, which will consist of chats and obligatory conferences for companies of more than 1000 persons. The chats will turn on the pressure in the work, and they point to prepare personnel and employers of this problem.

(I resided …)

One 3er the fourth positive for PepsiCo

2009-10-12T17:35:00.001-07:00

They are good for PepsiCo, since our provider of snacks and of things - que-hacen-daño-para-la-salud favorite has brought more inputs for the waited in the third quarter of 2009, with actions and increasing sales and that assure a promising future for the company.

PepsiCo Inc. brings today the balance of the third quarter of the year, in which the sales volume climbed individually for product, resulting in an increase of the actions. The same ones promoted 1.72 trillion dollars and US$1.09 for action, growing from the US$1.58 trillions product of 99 cents for action of one year ago.

The interesting thing is that the things have gone better than the waited for PepsiCo, since the actions have uploaded more of the awaited thing. The US$1.09 by action was estimated in a growth of US$1.03, which allowed simultaneously the inputs volume to zoom in greatly.

(I resided …)

Lloyds Bank thinks to become emancipated with € 16.300 millions

2009-10-12T09:56:00.001-07:00

In certain moment one it must allow depending on dad and go away to search your own path, become emancipated. In case of Lloyds Bank your epochs of paternal maintenance seem to be coming to your end thanks to the announcement that the bank group prepares an increase in capital that would allow him to cut your dependency with the protection Program of Assets of the Government.

The protection Program of Assets of the Government assures assets to the companies in exchange for a fees payment. In case of the Lloyds, the program assures to the group approximately 282.000 million euros as poisonous assets, with a few fees for 17.100 million euros.

As informs Financial Times, Lloyds Banking Group plans a capital enlargement, which would imply 15.000 million pounds sterling (16.300 million euros) and the independence of the bank with regard to the state program.

(I resided …)

Barcelona and Madrid: Some of the best European cities for the business

2009-10-12T02:04:00.001-07:00

Spanish Barcelona and Madrid, apexes of the economy and politics, expire also with the same status as for European continent, since the counsel Cushman and Wakefield has turned them to ranquear in your annual list of the best European cities for the business.

Cushman and Wakefield realize this list annually, and for it there are based on 500 surveys executives of the big corporations of the continent. The opinion posiciona better to Barcelona than to Madrid, although both are considered to be excellent cities to establish business.

The arguments that sustain it are your quality of life (Barcelona is the best European metropolis in this sense), the urban transport, the low cost of the rents of the offices, the quality of the same ones and the accessible labor costs. Both Barcelona and Madrid lose points as for telecommunications, languages and contamination.

(I resided …)