The 1:1 ratio.

The 1:1 ratio. My reflection of the one particular situation seems to be very different to someone else. The situation as I recall, was where the cross-exchange of portuguese escudo and the russian ruble come to the almost 1:1 ratio. The point where I resolve to “react”. By means of buying a book called b-Mercator… For general public, it’s the marketing book that shows how managers and entrepreneurs can make the most of the digital world, and how to articulate it with the traditional marketing. Describing quite comprehensively the context of opportunities and threads for the managers. That threads which are constantly steaming from the current economic situation, and the new ways of doing business by combining (blending) physicals with digital marketing. Guys, I don’t argue, unless you really want to. The Thomas Jefferson from Switzerland, today (20/4/2010 @ 7:45) wrote: ‘He is the sacrificial lamb that did what he was told to do and what everyone else did. That does not absolve him of anything, but his role in this whole scam needs to be put in perspective. He is not the main bad guy. Others should be investigated as well, but aren't.’ Mean, - you going home in the f***** casserole…

"Portugal is the biggest problem that creates the Euro Zone". For Ambrose Evans-Pritchard, economics editor of the "Telegraph", "Portugal is not AGRECO, which poses the greatest existential problem for the eurozone." Despite appeals from Teixeira dos Santos, comparisons of Portugal to Greece do not stop. This time it was Ambrose Evans-Pritchard, economics editor of the "Telegraph", who said that "it is not Portugal and Greece, which poses the greatest existential problem for the euro zone." According to an article in the Sunday edition of the British newspaper, it is true that Portugal could not hide the deficit as much as Greece, it is also true that most disrespected the rules of the European Monetary Union. The author points out that Portugal has accumulated a total debt equivalent to 239% versus 123% in Greece and that the two countries remain potential targets of financial speculators. Evans-Pritchard recalls the warnings of economists Nouriel Roubini and Simon Johnson, who claim that Portugal will be the next country to go bankrupt and may even be forced to leave the single currency, given that Germany should not rescue the Portuguese State as happened with Greece. However, Teixeira dos Santos reiterates that the "risk of Portugal is not comparable to that of Greece." Last week, the finance minister has accused the international press to make a biased reading of macroeconomic data from Portugal, asked to evaluate the measures the Government before commenting on Portugal and the State Budget.

Goldman Sachs shares traded in Frankfurt were up 3.9 percent at 5:49 a.m. ET. Apr 20, 2010 12:19pm BST. LONDON (Reuters) - Britain's financial regulator started a formal enforcement investigation into Goldman Sachs on Tuesday, four days after U.S. regulators filed a fraud case against Wall Street's biggest investment bank. "Following preliminary investigations the Financial Services Authority (FSA) has decided to commence a formal enforcement investigation into Goldman Sachs International in relation to recent SEC allegations. The FSA will be liaising closely with the SEC in this review," the UK regulator said in a short statement. The U.S. Securities and Exchange Commission has accused Goldman of hiding from investors the fact that U.S. hedge fund Paulson & Co was betting against a subprime mortgage product that it helped create. Goldman has denied the charges. The bank reports quarterly results later on Tuesday. The FSA's move draws it into what promises to be one of the biggest legal rows in recent banking history, and both the SEC and Goldman are expected to come out fighting. In documents submitted to the SEC last year, the bank said the regulator was using "the benefit of perfect hindsight" about the magnitude of the sub-prime housing crisis. The SEC notified Goldman in August through an official "Wells Notice" that it was facing a civil liability case. The documents, a copy of which were seen by Reuters, told the SEC in September that if the matter was litigated a fuller record "will underscore that no one in fact considered Paulson's role important and that no one was misled." Goldman Sachs banker facing fraud charges bags share of mega £3.2bn payout. Last updated at 9:36 AM on 20th April 2010. A Goldman Sachs banker facing fraud charges is in line for a massive bonus, it emerged yesterday. Bank bosses let Fabrice Tourre go on working in London despite a lawsuit against him by U.S. regulators. The bank said the 31-year-old Frenchborn broker has done 'nothing wrong' and there was no need to suspend him during the American investigation. It means Mr Tourre, who moved from the U.S. to London in 2008, can claim a sizeable slice of the £3.2billion bonus bonanza expected to be announced by the Wall Street giant today. Only two months ago he shared in the bank's £10billion bonus pot for 2009. Investigators at the SEC claim Mr Tourre bragged in emails about his scheme, which allegedly involved creating sub-prime mortgage investment deals that were designed to fail. They have released one email in which he allegedly wrote: ‘The whole building is about to collapse anytime now… Only potential survivor, the fabulous Fab… standing in the middle of all these complex, highly-leveraged, exotic trades he created without necessarily understanding all of the implications of those monstruosities!!![sic]’

India raises rates for second month. April 20 2010 08:56. India raised interest rates for a second month on Tuesday in a bid to contain consumer prices that have been among the fastest rising in the world’s large economies. It is the largest economy to tighten monetary policy with successive rate rises as its recovery from the global economic downturn gathers steam. India’s industrial production has picked up during the past six months to record double-digit growth, while the agricultural economy is expected to regain its strength this year with better seasonal rains. The wholesale price index, India’s most closely watched inflation measure, rose 9.9 per cent in March, similar to the previous month but the biggest rise since October 2008. Food inflation has been running at 15-20 per cent, a particular concern in a country where much of the 1.2bn population survives on meagre incomes.