‘DEATH’

A virtual ‘DEATH’ allows us (i.e. read my blogs), - the changes and transformations. Into the positive direction. Tends to help us entering into active phase of good achievements. ‘Dear’ ‘CV-brokers’ and ‘policy-makers’, - get rid of negative thoughts. If you ‘try’ like me, - you can achieve results that fully correspond yours expectations. However, from personal point of view, I see that some of yours financial and/or employment problems – definitely can remain. Take a close look at the UK, Germany and Poland.

Markit iTraxx SovX Indices are a family of sovereign CDS indices covering countries across the globe. The indices have 5-year and 10-year maturities and the underlying currency is USD. Product summary: The indices in the Markit iTraxx SovX family are the Markit iTraxx SovX Western Europe Index (comprising 15 names from the Eurozone region plus Denmark, Norway, Sweden and United Kingdom that trade on Western European documentation), the Markit iTraxx SovX CEEMEA Index (comprising 15 names in the Central & Eastern Europe, Middle East and African countries that trade on Emerging Markets documentation), the Markit iTraxx SovX Asia Pacific Index (comprising 10 names from the Asia and Oceania regions), the Markit iTraxx SovX Global Liquid Investment Grade Index (comprising the most liquid high grade sovereign entities), the Markit iTraxx SovX G7 Index (comprising entities from the G7 universe) and the Markit iTraxx BRIC Index (comprising the most liquid BRIC entities).

Who kill Laura Palmer? Sovereign Credit-Default Swaps Surge as Crisis Hits Hungary (Only?). Jun 4, 2010. Credit-default swaps on sovereign bonds surged on speculation Europe’s debt crisis is worsening after Hungary said it’s in a “very grave situation” because a previous government lied about the state of the economy. The cost of insuring against losses on Hungarian sovereign debt jumped 83.5 basis points to 391.5, according to CMA DataVision prices. Swaps on France, Austria, Belgium and Germany also rose, sending the Markit iTraxx SovX Western Europe Index of contracts on 15 governments 10 basis points higher to 163, and close to the all-time high of 167 on May 6. Hungary’s bonds fell after a spokesman for Prime Minister Viktor Orban said talk of a default is “not an exaggeration” because a previous administration “manipulated” figures. The country was bailed out with a 20 billion-euro ($24 billion) aid package from the European Union and International Monetary Fund in 2008. “The comments out of Hungary have really spooked the market,” said Rajeev Shah, a credit strategist at BNP Paribas SA in London. “Investors are interpreting it as bad sign for trying to tackle Europe’s debt crisis.” The euro dropped below $1.21 for the first time since April 2006, stocks tumbled and the cost of insuring against corporate default rose on speculation Hungary will weaken the EU’s willingness to rescue the region’s indebted nations. Swaps on Spanish government debt jumped 39.5 basis points to a record 295.5, according to CMA. Contracts on Portugal rose 37 to 376, Ireland was up 38 basis points at 298, and Italian swaps climbed 30 basis points to an all-time high of 264. Contracts on Greece rose 61 basis points at 787. ‘Something Serious’ The Markit iTraxx Crossover Index of swaps linked to 50 companies with mostly high-yield credit ratings jumped 21 basis point to 557, according to Markit Group Ltd. “Are we on the brink of something more serious?” Deutsche Bank AG strategist Jim Reid wrote in a note to clients today. “We’ve little doubt that the authorities have no appetite for imminent peripheral defaults but we do see the situation getting worse before it gets better. This leaves markets vulnerable until there is more certainty surrounding the structure of the peripheral funding bail-out.” Credit-default swaps pay the buyer face value in exchange for the underlying securities or the cash equivalent should a borrower fail to adhere to its debt agreements. A basis point on a contract protecting $10 million of debt from default for five years is equivalent to $1,000 a year.

South Korea is hosting a Group of 20 meeting of the world's top wealthy and emerging economies on Friday and Saturday. U.S. Treasury Secretary Timothy Geithner and European Central Bank President Jean-Claude Trichet are among the dozens of top officials meeting in the southern port city of Busan to find ways to lift the bruised global economy.

Ukraina oficjalnie rezygnuje z członkostwa w NATO. 1 Godzina temu‎. Prezydent Ukrainy Wiktor Janukowycz zrealizował jeden ze swoich głównych politycznych celów – Kijów nie będzie już ubiegał się o członkostwo w NATO.