Thursday 28 January 2010

AVIVA announcement:


AVIVA announcement: Personally, - Don't try to stop growth or view another's changes as threats. More yet than, if you are highly in the state of grateful ecstasy. "Jimmy" Goldsmith. His first wife, whom he married when 20, was the Bolivian heiress Maria Isabel Patiño, 18-year-old daughter of tin magnate Antenor Patiño and the 3rd Duchess of Dúrcal, of the Spanish royal family. When Goldsmith proposed the marriage to Antenor Patiño, Patiño is alleged to have said, "We are not in the habit of marrying Jews", to which Goldsmith is reported to have replied, "Well, I am not in the habit of marrying [Red] Indians." Goodyear Tire and Rubber Company. British-American Tobacco, strategic ports in Vladivostok and Vostochny. world's largest nickel operations, INCO Indonesia, raw material player Noble Group.

Goldsmith granddaughter Robyn Whitehead 'dies in drug overdose'. January 28, 2010
A young member of the Goldsmith family who made a film about the pop star and heroin addict Pete Doherty has been found dead of a suspected drugs overdose. Robyn Whitehead, 27, the granddaughter of Teddy Goldsmith, the founder of The Ecologist magazine and brother of the billionaire Sir James Goldsmith, was found in a block of flats in Homerton, East London, after an emergency call to the Ambulance Service. Police said that they were called to an address at 8.10pm on Sunday and that the death was not being treated as suspicious. It is understood that drugs paraphernalia was found at the flat, which was believed to have been rented by a friend of Doherty. A man and woman who were there when police arrived were questioned but not arrested. An inquest into Miss Whitehead’s death was opened and adjourned yesterday. Her mother, Dido Whitehead, is a cousin of Jemima Khan and Zac Goldsmith, and her father is the Sixties counter-culture film-maker Peter Whitehead. In a statement her family said: “Robyn had an exceptional capacity for compassion and for love both to her family and close friends and to all those whom she touched. This was reflected in the depths and passion of her art. To lose her so young and so far before her life’s work was done is heartbreaking.” Miss Whitehead had recently completed the film The Road To Albion, about Doherty’s former band The Libertines. She and her co-director, Kieron Flynn, followed Doherty and his fellow band member Carl Barat through the highs and lows of their music careers. Three years ago Doherty was present at a party at another East End flat when Mark Blanco, 30, a Cambridge graduate, fell to his death from a window. Mr Blanco’s mother, Sheila, is still seeking a full inquiry as to how her son died. Doherty, 30, was in court again yesterday where he was fined £750, with £85 costs, for making a previous court appearance with heroin in his coat pocket. The musician was arrested in December in the corridor of Gloucester Crown Court shortly after being fined for careless driving. Judge Joti Boparai told Doherty at Gloucester Magistrates’ Court yesterday: “Either this was sheer stupidity or a ploy to get more publicity.” Bruce Clark, for the defence, said that it was not a “mickey take” and that Doherty had simply failed to realise that the packet of drugs was in the pocket of a jacket that he put on to attend court.

"When you marry your mistress, you create a job vacancy."
Salgado prepara una gira para calmar los nervios de los inversores sobre España. Publicado el 28-01-10. Las últimas advertencias por parte de gurús, gestores, expertos reconocidos a nivel mundial, así como de varias firmas de análisis y agencias de ráting están propiciando una corriente vendedora de activos españoles.Está aumentando el riesgo país y, por ende, la desconfianza de los inversores, principalmente extranjeros. Ante esta situación, el Ministerio de Economía está preparando una ofensiva informativa para explicar bien las medidas que van a tomar para sanear las cuentas públicas. Realizará varias reuniones con inversores institucionales en Europa, que comenzarán tras la presentación el próximo viernes de la actualización del Plan de Estabilidad y de la estrategia de financiación del Tesoro Público para 2010. "Hay que lanzar un mensaje contundente a los mercados. Crece la desconfianza y hay que empezar a hacer los deberes", apuntan fuentes del mercado.
Ya hubo una primera ronda para explicar su política económica entre los principales responsables de los medios de comunicación internacionales, según adelantó EXPANSIÓN el pasado 12 de enero. 'Road Show'. Para ello, contará con la ayuda de varios bancos de inversión, como Barclays Capital o Société Générale. "Está previsto que en la semana del 8 de febrero tenga lugar una reunión en Londres liderada, previsiblemente, por el número dos de Economía, José Manuel Campa, y pocos días después se realice otra en París", sostienen fuentes financieras. Este tipo de presentaciones se denominan non deal road show en los círculos financieros, porque no se busca el objetivo de colocar una emisión de deuda, como en otras ocasiones, sino de explicar bien la situación del emisor, en este caso, de España. "Ya se han realizado reuniones de este tipo, durante la etapa de David Vegara, aunque este año están más justificadas", añaden fuentes del mercado. Desde que Standard & Poor's (S&P) bajó en diciembre la perspectiva del ráting de España, actualmente en AA+, el riesgo país (diferencial entre la deuda alemana y la española a un plazo de diez años) ha ido en aumento. Este momento coincidió con el inicio de la crisis griega, tras publicar un déficit desorbitado del 12,7%. Ayer, superó los 90 puntos básicos, máximos desde abril. El deterioro de la percepción del inversor sobre España es tal que el pasado lunes, la rentabilidad del bono español a diez años superó por primera vez desde finales de 2007 a la de Eslovaquia, y por primera vez desde finales de 1999 a la de Italia. Los mensajes lanzados por los expertos no ayudan. Todo lo que suena a España es objeto de venta. El Ibex cayó ayer el doble que el resto de plazas europeas, un 2,69%, hasta los 11.042 puntos. Algunos expertos ven una conjura contra España. El comentario del prestigioso economista Nouriel Roubini de ayer, en el que apuntaba que España supone una amenaza para la zona euro, no ha hecho más que alimentar las dudas sobre la capacidad de pago de España, lo que ha aumentado la cotización de los CDS (seguros que protegen contra el impago de la deuda) hasta los 127 puntos básicos. Las especulaciones sobre una posible ruptura en la zona euro crecen en los mercados financieros a medida que Grecia lucha por reducir el déficit; y que España e Irlanda se enfrentan a un endeudamiento creciente. Corriente vendedora. Roubini no hizo más que añadir leña al fuego. El gurú estadounidense Bill Gross, uno de los mayores expertos del mundo en renta fija, de la firma Pimco, dijo esta semana que hay que evitar la inversión en deuda pública de países con fuerte deterioro de sus cuentas públicas, como España. Mientras, Nomura y Goldman Sachs han recomendado protegerse de España con la compra de CDS. Los fantasmas sobre la débil situación económica del país y su repercusión en las empresas acechan de nuevo. "Hay una gran corriente vendedora de activos españoles, tanto de renta fija como de acciones del sector bancario, principalmente. Está subiendo la prima de riesgo y ante esta situación los gestores extranjeros nos dicen que optan por deshacerse de los activos relacionados con España. Estas ventas continuarán en los próximos días", asegura el analista Juan Carlos Castillo, de Capital Bolsa. Otros expertos no ven más que una reacción de miedo y de aumento de la aversión al riesgo. El índice VIX, que mide la volatilidad y que es un indicador del miedo, se ha disparado desde el 18% al 25% en una semana. José Luis Martínez Campuzano, estratega en España de Citi, achaca el peor comportamiento de la bolsa española a que en 2009 lo hizo mejor que el resto y ahora en las correcciones sufre más. En lo que va de año, el Ibex cae un 7,52% y es el peor de los grandes índices. "Es obvio que la tensión en los mercados de deuda soberana le perjudique", indica. Sin embargo asegura que hablar de default, "no tiene razón de ser". La banca teme que se merme su capacidad de financiación. La imagen de España en el exterior preocupa a la banca. Así quedó patente en unas jornadas celebradas ayer por Fitch Ratings en Madrid. "El exceso de oferta de papel con el que ha comenzado el año ha secado los mercados. Los ataques contra Grecia y España no ayudan", apuntó Carlos Stilianopoulos, director de Tesorería de Caja Madrid. Por su parte, Alejandro Sánchez Pedreño, de Ahorro Corporación, alertó sobre "la falta de confianza de los inversores extranjeros". "O la mejoramos o vamos a pasar un trimestre difícil", añadió. Con esta opinión coincidió Pablo González, director de Tesorería de Unicaja, quien explicó que "la evolución del riesgo soberano determinará la capacidad de financiación del sector". "Sin duda, los 280.000 millones que deben emitir el Gobierno y las Comunidades presionarán al alza los precios", afirmó Alfonso García, socio director general de AFI. Impacto de la pérdida de confianza. Preocupaciones
El diferencial de la deuda pública española y la alemana superó ayer los 90 puntos básicos, máximos desde abril de 2009. Los inversores están vendiendo bolsa española. El Ibex vivió ayer su peor sesión desde mayo de 2009 y cae un 7,52% en 2010. Está en cotas de septiembre. Efecto contagio. La situación de Grecia está afectando a los países periféricos, como España y Portugal. Existe cierta correlación entre la evolución de las primas de riesgo de ambos países, porque los inversores también piden un plan creíble para sanear la cuentas públicas. Compras de 'CDs'. Desde octubre, España es el segundo país donde más han crecido las compras de derivados de crédito o CDS, un 16%, según cifras de Depository Trust & Clearing recogidas por Bloomberg, sólo por detrás de Portugal. Ayer alcanzaron los 127 puntos básicos.

Mean, Money for Jon, Jon – Mayo…
ACR diamonds to Zim's Central Bank. The Supreme Court has ordered that all diamonds extracted from African Consolidated Resources claims in Chiadzwa since 2007 be surrendered to the Reserve Bank of Zimbabwe (RBZ) for safekeeping, ZimDaily reported. Chief Justice Godfrey Chidyausiku said the diamonds would remain at the central bank until the ownership wrangle pitting ACR on one hand, and the Minerals Marketing Corporation of Zimbabwe and the Zimbabwe Mining Development Corporation on the other, is resolved, the report said. ACR’s lawyer, Mr Jonathan Samkange, said this meant Mbada Mining (Private) Limited, who recently got a permit to exploit the disputed claims, cannot sell the diamonds they are currently extracting and must surrender them to the RBZ. Mr Raphael Tsivama, representing ZMDC, last night said he could not give an interpretation of the order until he had read it in full, sad the report. MMCZ’ lawyer, Mr Johannes Muchade, said he needed clearance from his client before commenting on the order. Mbada is a joint venture between ZMDC, Marange Resources (Private) Limited and Mauritius’ Grandwell Holdings Limited. Marange Resources is a ZMDC subsidiary. Chief Justice Chidyausiku granted an urgent chamber application by ZMDC and MMCZ to suspend execution of part of a High Court judgment ordering the release of the diamonds to ACR pending determination of a Supreme Court appeal, the report said. Justice Charles Hungwe granted the High Court order. According to ZimDaily, the Supreme Court order means 129,400 carats of diamonds seized from ACR and its subsidiaries by police in 2007 when their permit was cancelled should be taken to the RBZ. According to the order, MMCZ should use its register in compliance with the Kimberley Process Certification Scheme in calculating the amount of diamonds extracted after the cancellation of the permit in 2007. “It is ordered that all diamonds referred to in paragraph 3 and 4 of the High Court order in judgment HC6411/07 be surrendered to the Reserve Bank of Zimbabwe for safekeeping pending the determination of the appeal noted against that judgment.” The paragraphs referred to concern 129,400 diamond carats seized from ACR on January 15, 2007, as well as all other diamonds extracted from the applicant’s claims thereafter, the report said. It said, Mr Samkange welcomed the court’s decision and said his clients were comfortable with the order. “We are very comfortable with the decision to have the minerals taken to RBZ for safekeeping pending finalisation of the matter. It means all the minerals extracted from ACR claims since the cancellation of the permit together with those seized from ACR premises will be taken to RBZ. Even the diamonds that are still to be mined will be taken there as well and none of them shall be sold until the matter is finalised.” Mr Samkange said Mbada Mining was extracting diamonds “at the heart of ACR’s claims”. Last year, Justice Hungwe ordered MMCZ to release the seized diamonds to ACR after the High Court reversed a Government decision to cancel the mining consortium’s permit to exploit its claims. He also gave the company the green light to resume operations on its claims without police interference, the report said. According to the same judgment all the diamonds mined by various companies from the time ACR’s permit was cancelled to date, were to be surrendered to the firm, it said.

AVIVA announcement: Free Norway…
Helicopter crashes through ice in Oslo fjord 09:53 IST(28/1/2010). HAMAS IN Kazan… A civilian helicopter with four Norwegians on board has crashed into iced-over water in the Oslo fjord off southeastern Norway and divers searched for survivors, rescue workers said. The helicopter went down in foggy afternoon weather 500 feet off Horten, a town an hour south of Oslo, Norway Central Rescue spokesman Einar Knudsen said. Knudsen said divers had not yet found the wreckage of the helicopter and, though hampered by murky water and strong undercurrents, were still "searching for survivors". However, he acknowledged that the helicopter was "probably" resting on the sea floor in 39 F water about 66 feet deep. An unnamed Norwegian company had hired two Robinson R44 model helicopters owned by Midtnorsk Helicopter Service to ferry five employees from Tonsberg 60 miles north to Oslo when one went down, Midtnorsk spokesman John-Erik Sogn said. The pilot of the second helicopter, which landed safely in Horten, saw "the other one suddenly started to spin in mid-air -- at 800 feet above the water -- before it went down," Sogn told The Associated Press. He said that Midtnorsk, which operates sightseeing trips and charter flights in Norway, services its helicopters after every 50 hours in the air and that the company has never experienced a crash like this before. According to Norway's Accident Investigation Board, there have been nine accidents in Norway involving the Robinson R44 helicopter since 1998, none of them fatal.

No comments: