Basel III Agreement

I liked how the Institute for International Finance resolves the Basel III Agreement nicely describing by the Reuters article. That’s is why I don’t liked how the a very manipulative “colleague” resume to assume “Total” control over the someone else, the empty “Shell” joint account. After seeing this pictures, should I say that ‘someone’s’ joint-venture has been compromised? And after this, walking around me, and wondering in how can I insist to put my foot down even at the risk to destroying an important (?) relationship? Should I remind to these Zorba the Greek “co-worker” how enormous have been this ‘collaborative’ effort? The “one interview per six months”, who will be not feeling comfortable? My school’s German-Greek? Which “we” should put the price tag, when the natural order of things – are disrupted? The secretary, - Madame Shreder with the bottle of “virgin” olive oil in “her” hands? Should I being surprised if one of these (ever best) ideas are rejected? No, I shouldn’t. In other hand, - I know, what has been possible so far.

Zorba the Greek Offside?: Exclusive Interview Expresso / SIC. Zeinal Bava, CEO of PT, argues that the operation that Telefonica has made to move their operations to the hands of banks and investment funds deserves action by the CMVM. It was a move made to reach the same goal. And the truth is that the passage of shares in Telefónica's hands (which was precluded from voting) to banks and investment funds on the eve of the Assembly General (AG of PT) can have decisive consequences on the future of Vivo. With this passage, which apparently is not a sale but an operation temporary financial (equity swaps), Telefonica wanted to bypass the impediment to vote at AGM next 30 days. But still not sure what you achieve. PT asked the Commission to intervene in Securities Markets and president of AG, because they think it is a false sale and that the new holders of shares must also be prevented from voting. The attempted purchase by Telefónica of Vivo is thus transformed into a war far more complex than Sonaecom takeover of PT. And especially, played with much more unexpected.

Shares: PT and BPI fall 4% at a session of nerves in Lisbon. 24/06/10 16:43. The national stock market today has the worst performance in a month. On the day that the risk of the Greek debt reached its historical peak, with the probability of default to standing at 56.71%, the major European markets lost more than 2%.

Basel III: Grounds for optimism. MAY 26, 2010 10:15 EDT. If you’re not a central banker and don’t even know any central bankers, chances are that you’ve never heard of Global Risk Regulator, a trade publication in London. But right now it’s very much worth paying attention to them, because their sources in and around Basel are unsurpassed. And it turns out, reading the cover story from their latest issue — which they’ve been nice enough to put online for free — that the central bankers seem to have the upper hand, right now, in the fight with the bankers.

Executive launches new line of credit of 700 million. 25/06/10 10:24. Companies that have used the funding will have a new credit line of 700 million euros. Jose Socrates opened the debate biweekly today with the announcement of three new measures to accelerate implementation of the NSRF. Among them is opening a new credit line of 700 million euros to support the companies that have resorted to financing and "they experience difficulties in bank credit," said the prime minister. The difficulty that the new market conditions require firms thus leads the government to open an exceptional period of three months for them to recast their projects already submitted and approved by the NSRF, adapted to the new environment. Accounts Executive do anticipate supporting more than 3,100 companies, with projects in excess of 3,400 million euros and generating 9700 jobs. The government will also launch two new bids to fund new projects internationalization of companies and research and development projects worth 150 million euros.