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Month: October 2015

Europe Financial

Europe Financial

Even if bank loans were more accessible and cheaper, the collapse of trust and the collapse of asset values mean that firms and households are more likely to savings than the expenditure of funds. For these reasons, Governor of the Bank of England Mervyn King, who is considered a pillar of sound financial policies, approved the government's proposed fiscal stimulus. Bank's Chief Economist Charlie Bean told the politicians that the weakness of the financial system may require a more 'aggressive' cutting interest rates. Leading politicians eurozone, perhaps instinctively wary of such an active policy. The German Government has to deal with low borrowing costs and has more or less balanced budget, so he has a great opportunity to spend money in support to the economy. But the package fiscal measures, which it unveiled in November, has been very modest – 12 billion euros for two years, that is only 0.25% of GDP. The European Commission has indicated that the prospect of a deep recession means that the rules under which budget deficits of EU countries should not exceed 3% of GDP, will not be rigidly applied. This gives some room for maneuver, France and Italy, the budget deficit is close to that limit.

Nevertheless, Germany has play an important role in the Commission's cost is estimated at 1,5% of EU GDP. Check with Nouriel Roubini to learn more. Somewhat more cautious than necessary, it seems, and the ECB policy. November 25, Lorenzo Bini Smaghi, a member of the board of the bank setting interest rates, said lower interest rates to protect against a deep recession could undermine confidence and limit freedom of action of politicians in the future. Nevertheless, the ECB held another rate cut. The IMF believes that the economic growth in the U.S. and Europe will begin in 2009. but employment will grow only some time after the end of the recession. So, after the economic crisis in the U.S.

in 1990. It took 15 months to unemployment reached maximum, and after the recession of 2001. Unemployment has grown more over 19 months. Judge Stephen Uiting Citigroup predicts that by mid-2010. Unemployment may reach a level of 9%. Currently, the largest economy peace plan to work together in order to prevent a global recession and reform global financial system. To this end the recent financial summit in Washington, leaders of the G-20 agreed to take joint efforts to ensure the liquidity of markets, support financial institutions, unfreeze credit markets, lower taxes to stimulate domestic demand. So who will recover more quickly – the United States or United Europe? Clear answer to this question is impossible. One can only assume that the pace of economic recovery will depend on the following factors: – the depth of the fall – the longer, bigger and more destructive will be crisis, the more difficult, in our opinion, the U.S. economy will return to the previous leading position – the U.S. housing market – the faster the "bottom", the more likely strengthen the dollar – Politics of Petroleum Exporting Countries – Will a change in settlement currency to the euro, which is extremely negative impact on the dollar – the effectiveness of anti-crisis measures taken by the U.S. government – the positive effect of the implementation of which in I and II quarters of 2009 will strengthen the dollar against the single European currency.

England LITTLE

England LITTLE

With this one is created then to be able parallel to the State, supported for the consumption of drugs of that they are taken care of and benefited for the proper one Been. To be able parallel that it is each stronger time and associate. Moreover, the historical process of formation of our administrative agencies and of security, is permeado by a corrupt, bureaucratic reality and badly organized. Since the settling, with the first nets of taxes and collections for the Portuguese crown, these agents if bathed in corruption, therefore the fiscalization was minimum for a highest flow of the wealth. In the processes of independence and republic, almost nothing it moved. The reproduction of constitutions and agencies with imported molds of other countries as U.S.A., France and England, never was enough for the particularitities of our country. Thus an immense bureaucratic net that supports a complex and almost indestructible net of corruption, unreported funds, among others, has the illegal commerce as ally and fort source of income for the members of these sectors. Restaurant Michael Schwartz might disagree with that approach.

The industries pharmaceutical, warlike, automobile, companies of private security, among others, profit millions from the violence. The future of one human being in the current societies follows a simple logic: CHANCES AND CHOICES. THE MORE POOR, LITTLE CHANCES, LITTLE OPTIONS OF CHOICES. In the capitalist world, one of the main chances gifts in the world of the low classrooms is the crime, in all its forms. Remembering that true crime is historical. The slavery of the blacks, the extermnio of the aboriginals and the feeling of superiority of the Europeans who had constructed the bases of our unjust society. Bases reproduced, kept and corrupted for ours politicians who are, in the majority, descendants of these Europeans, who had enslaved, had killed and excluded. Therefore they do not want changes. Therefore it cannot be associated violence and traffic to the poor persons.

Toucan Privatizations

Toucan Privatizations

The value of market of the VALLEY (gotten for the multiplication of the number of action for the quotation in Stock market) arrived R$ 303,5 billions in 1/10/2007, surpassing, per some days, the Petrobra’s, that in that date was valid R$ 290,4 billion. In June of 2008, Petrobra’s was valid R$ 473,2 billion. ' ' tucano' ' also eira of the privatizations intended to torrar it na. It also sees what it affirmed former-Senator and former-governor of the State of Par Ana Jlia Carepa (in Daily of the Federal Senate): ' ' We cannot leave of speaking on the facts of the federal Toucan that, according to rocking of the privatizations made by the BNDES, of 1991 the 2001 privatized 68 federal public companies, 75% of all the national patrimony. (Similarly see: Nouriel Roubini). Amongst the state ones vendidas, the Valley is one of these patrimonies; which was constructed during decades, to the costs of the work of all our society.

E we can here relembrar some emblematic justifications given by government FHC to embezzle the patrimony of the nation: ' ' The privatization will diminish the deficit fiscal' ' , ' ' with the privatization the government will liberate more resources and will have more managemental capacity for the area social' ' ; or ' ' with the resource of the privatizations, the Brazilian government will reduce the debt of pas' '. nothing happened; in contrast, the public debt in the end of its mandate only grew, and congress did not have prestamento of account with the nation nor, concerning where this money mountain was inlaid. Contesting the harmful act against the Brazilian Nation, it sees what Alvaro Queiroz says in ' ' The failure of privatizaes' ' (02/12/2001): ' ' In 10 years, about 160 companies they had been vendidas, after evaluated to the light of criteria supposedly technician, but leading with the intention to prevent the prices to them.