The “Big Fishermans”

Saturday, March 20, 2010. The Friday helps me to figure out who exactly are my special friends and which precisely my goals are. The how to react a those ‘goals’ in a way of the step-by-step. The four firemen hit me in my teeth this night. How obvious! Clearly indicating the gap between the Almohads expectations, and the sequent theirs serious bet on this “A PRETO”… At the highest possible International Diplomacy level. To start to arguing that all this is about the money – foolish. It’s the health bill vote (in the US) and the nuclear deal (in April). The ways where better is exposed theirs will is the simple question hammered here for two day in almohads language: “What you want here nigger?” And the neutral observer, like me, only can put out that the “… agenda of Barak Obama does not include a visit to Portugal in November this year…” (of the purpose of General Assembly of NATO). Mean, the “Big Fishermans” like the Botin, Salgado, etc., should be contended with a “ponta pé no cú” in the Bosphorus!, in the best of the “real politics” traditions. I start speak about some special “friends” who have a kind hearts and wise heads. They exist if I not dead yet. But all this set up a demand from me to be more deeper in reflections’ of this strategy. Which potential obstacles, constraints or even barriers could emerge if I leave unprotected and unsecured my “rear”.

Os Pescadores Gigantescos: - ‘PRETO de que vais falar?”: Major accident in the Bosphorus Istanbul, experienced Taiwanese bulker bulker with Turkish and Ukrainian crew. Friday, March 19, 2010 - 22:48. March 19 about 8 pm local time lost status because of mechanical failure bulker Giant Pescadores, following the Bosphorus. Breakage occurred in the northern part of the strait in a narrow place, followed by bulk carrier in the Black Sea, from Gibraltar to Dneprobugsky port. Anything is possible, would cost, but who followed behind bulker Bora struck Giant Pescadores in the stern, as a result of this confusion Bora bulk carrier ran aground in front of Rumeli Hizar, damaged, and both ship and shore structures. The aid sent rescue boats and tugs, bulk carriers Giant Pescadores later taken to the anchorage, just not yet known, but such was removed from the shoal and Bora. At present, specifies the size of damage was under investigation. Bulker Giant Pescadores - 71,671 deadweight tons, built 1998, flag Panama, the operator Shih Wei Navigation Co. Ltd Taiwan, the crew of 16 people citizens of Taiwan and China. Bulker Bora - 9261 deadweight ton, built 1980, flag of Belize, the operator International Shipping Group & Trading Ltd Istanbul, the crew in 2009, 19 people, all citizens of Ukraine. ‘PRETO de que vais falar?”: White House denies Obama coming to Portugal. The agenda of Barack Obama does not include a visit to Portugal in November this year, guaranteed sources of the White House to Express. 19:46Thursday, Mar 18, 2010. Two White House officials have denied the coming of Barack Obama to Portugal next November, the purpose of the General Assembly of NATO. Yesterday afternoon, the information circulated in Portugal that the American President came to Lisbon to attend the General Assembly of NATO, a fact that the Express sought to confirm. The Express sought to further confirm that the Secretaries of Defense or State, Robert Gates or Hillary Clinton, respectively, would try.

Late swings leave Barack Obama's healthcare reforms teetering. 1 hour ago. If the bill does go through today, the Republicans plan to contest it. A number of governors have said they will mount constitutional challenges to try to exempt their states. The conservative Tea party movement plans protests around the country. “It will be a spontaneous combustion,” said Lamar Alexander, a Republican senator from Tennessee.” Our plan is to defeat it in the House but if it goes through we will challenge it,” “This November’s election will be a referendum on this bill.” Chief firefighter killed in Moscow. March 20, 2010, 22:27. During the fire, which broke out in the business center in the north of Moscow, was killed in Moscow fire service chief, Colonel Yevgeny Chernyshov, said the director of the Department of Fire and rescue forces and the DPP Emergency Ministry, Lieutenant-General Mikhail Verzilin internal service. Fire in the business center on the 2 nd Street Khutorskoi arose about 17:00 Moscow Time. The first fire brigades arrived on the scene after 6 minutes, but the fire had reached 500 square meters. meters square. "The center was on the ground floor and spread to the ventilation of the attic, and then for combustible cladding on 2, 3 and 4 floors of the building. The total area of the fire was 800 square meters, there was a collapse of the roof area of 500 square meters. meters.

Alrosa grabs Nr1 title as largest producer. Russia's state-owned Alrosa has grabbed the crown from De Beers as the world's largest diamond producer. However, the company releases claims this report contains an aggregate diamond sales result for 2009 of $2,212.6 million. If this includes sales of polished, as well as rough, then it marks a decline of 5.3% on 2008 when Alrosa reports selling $157.6 million worth of polished, and $2,178.8 million of rough. "In spite of the recession in its sector," the communiqué says, "ALROSA managed to preserve jobs and maintain its production levels, and produce in 2009, in the aggregate, 34 m carats of rough diamonds. This enabled the Company to rank first in the world in terms of physical volumes of diamond production." Anglo American Plc publishes diamond output data for De Beers in its annual reports, and De Beers issues carat breakdowns for production at each of its mines worldwide. These show that in 2007 De Beers peaked at almost 50 million carats per annum. In 2009, the total had fallen to just 24.6 million carats, three-quarters of which were mined in Botswana. In 2008, the De Beers total was 48.1 million carats. According to De Beers's balance-sheet for 2009, sales revenues amounted to $3.8 billion, down 44% on 2008. The after-tax bottom line for 2009 was a loss of $31 million, compared to a profit of $224 million the year before.

The Future of the Euro. By Anne Seith. 03/19/2010. Greece's financial difficulties have exposed numerous weaknesses which threaten Europe's common currency. Now, policy makers and economic experts are trying to find ways to stabilize the euro. SPIEGEL ONLINE takes a look at the proposals. French Economics Minister Christine Lagarde seems to be itching for a fight. At the beginning of the week, she triggered indignation in Berlin when she blasted Germany's trade surplus in an interview with the Financial Times. What I called “Buy more Ankara!”.
Competitive Discrepancies. (In Almohads language – “A UZBEK”) The community now consists of countries like Germany and Finland on the one side, with large current account surpluses, and countries like Greece and Portugal on the other, with massive deficits. The latter, unable to keep up with the continent's powerhouse economies, lived on credit for years, partly as a result of low interest rates. Countries with a deficit, she said, ought to reduce it, while those with a trade surplus cannot "stand on only one leg." "For instance, perhaps Germany could reduce its taxes a little to stimulate domestic spending," the minister suggested.
Part 2: Is Europe Laying the Foundation for a Common EU Economic Government?
The name sounds suitably ambitious. European Commission President José Manuel Barroso has come up with a package of economic policy goals to be attained in the next 10 years. It bears the title "Europe 2020." And I told you that Financial Times putting heading From WORLD 9:10am “Barroso wants EU to agree loans for Greece” Commission president says states must agree aid package soon. Are saying to us that he is simply afraid to loose his and the Solana salary.
Part 3: How Can the EU Stability Pact Be Made More Robust?Has the Stability and Growth Pact, which was designed to provide for a strong European common currency, failed? It's hard to say. What is clear, however, is that its implementation has been a disaster. The Maastricht Treaty established clear criteria for budgetary policy in those countries belonging to the common currency zone, one of which was that new, year-on-year borrowing could not exceed 3 percent of GDP, and that a country's total debt could not exceed 60 percent of its economic output.
Part 4: What Should the EU Financial Constitution Look Like? Economic expert Konrad has a different approach to the problem. Instead of asking how to protect a country from bankruptcy, he asks why bankruptcy is such a bad thing. "If all the world's investors tried to maintain a balanced portfolio, that is, put their eggs in various baskets, a Greek bankruptcy would not be overly dramatic," he says. The country itself wouldn't suffer terribly, because, by imposing a moratorium on payments, it could cancel its interest and debt payments, saving a lot of money as a result. The problem, says Konrad, is that "we have investors who make one-sided bets. On the one hand, because everyone else does it, and, on the other hand, because it makes it more likely that other countries will jump in to help out in an emergency."
This "Samaritan problem," says Konrad, explains why a small country like Greece has such an impact on the stability of the euro, and why a country with a population of 11 million, whose economic output is smaller than that of the German state of Baden-Württemberg, is "systemically relevant."
Part 5: Could a European Monetary Fund Help in an Emergency? And where would the money that an EMF would distribute come from? One proposal for an EMF stems from the chief economist of Deutsche Bank, Thomas Mayer, and Daniel Gros, the director of the Center for European Policy Studies (CEPS), a Brussels think thank. They are calling for the payment of contributions by countries that do not abide by the Maastricht debt rules. The countries would be required to pay 1 percent of the difference between their actual and allowed debt level. According to the economists' calculations, this would have enabled an EMF to collect €120 billion ($164 billion) in funds since the beginning of the monetary union. The weakness of this proposal is obvious: Financial penalties would be imposed on governments that are already low on funds. The alternative would be for financial strong euro countries to fund the EMF. That, too, would create problems, with the use of the funds likely becoming subject to strong political pressure.
Another problem is the question of how the EMF can penalize countries that do not abide by its reform rules. Of course, it can impose fines, and of course it can slash credit lines or possible loan guarantees. But that brings us back to the dilemma of financial penalties being imposed on cash-strapped offenders. In an article in the national Sunday newspaper Welt am Sonntag, Schäuble wrote that he wants an "institution that has the experience of the International Monetary Fund (IMF) and has similar powers of intervention. The euro zone wants to be able to solve its problems under its own steam." Chancellor Merkel added that an EMF would also have to "regulate the orderly insolvency of a country." So far, so vague.
Part 6: How Likely Is an EMF? There is considerable skepticism about the idea of an EMF. "I don't believe that we will get very far with this form of technocratic regulation," says Kai Konrad of the Max Planck Institute. Klaus Zimmermann, head of the German Institute for Economic Research (DIW), also believes that it doesn't make much sense to "create yet another naval gazing organization."