Wednesday, 30 June 2010
Reaction to the “Cafeisinho de Brusselas…”:
Reaction to the “Cafeisinho de Brusselas…”: Brussels condemns use of 'golden share' in PT. 30/06/10 16:00. The European Commission has reacted to the decision of the Portuguese state to make use of 'golden share' in the PT to block the sale of Vivo."The Commission believes that the 'golden share' is incompatible with European law because it constitutes an unjustified restriction on free movement of capital", reads a 'statement' of the European Commission. "By not giving up 'golden share' in Portugal Telecom, the Portuguese government failed to fulfill their obligations in terms of free movement of capital," he adds. In that document, Brussels, points 'sued' Lisbon on this subject in 2005 and in 2008 handed the matter to the European Court of Justice, which shall take a position as early as next week, July 8.
Lisbon blocks Telefónica’s Vivo bid. June 30 2010 15:18. The Lisbon government on Wednesday used special veto rights to override shareholders and block Telefónica’s €7.15bn offer to buyPortugal Telecom out of Vivo, their Brazilian mobile phone joint venture. Portugal’s controversial use of its “golden share” to overrule 74 per cent of shareholders who voted in favour of the offer gave a new twist to the acrimonious bid battle between the two Iberian operators. People close to the meeting said the government intervention had caused widespread surprise among investors. Lisbon-based analysts said the veto was also likely to lead to intense legal wrangling. The government’s intervention is expected to be challenged by the European Commission and by Telefónica, which had raised its bid by 10 per cent to €7.15bn only hours before the Portugal Telecom shareholders met to vote on the offer. According to shareholders attending the closed meeting, members of the Portugal Telecom board had called on the government not to intervene. The board called an emergency meeting on Wednesday. Some core Portuguese shareholders, including Banco Espírito Santo and Ongoing, who had rejected Telefónica’s previous bids of €5.17bn and €6.5bn voted in favour of the sweetened offer. However, José Socrates, Portugal’s centre-left prime minister, said Telefónica’s offer did not reflect the value of Vivo to Portugal Telecom. The government was “acting in the interest of the country”, he said. The “golden share” was there to be used. Pedro Passos Coelho, leader of Portugal’s main centre-right opposition party, also said the sale of Portugal Telecom’s stake in Vivo would be a “bad deal” for Portugal. The government owns 500 “golden shares” in Portugal Telecom, which give the state special veto rights over important company decisions. However, the legality of the state’s rights in the company is being challenged in the European Court of Justice, which is expected to issue a ruling on July 8. The court is widely expected to find the “golden share” invalid. Zeinal Bava, Portugal Telecom’s chief executive, had previously said the bid for Vivo was not a case where the “golden share” could be used. However, he said on Wednesday that the decision of the chairman of the meeting to accept the use of the government veto had precedence over “whatever the board may or may not think”. Relations between the two companies have soured over Telefónica’s bid to gain control of Vivo, Latin America’s largest mobile operator, and merge it with Telesp, its underperforming fixed-line operator in Brazil. After launching an initial €5.7bn offer for the Vivo stake in May, the Spanish group said it was keeping open an option to launch a hostiletakeover bid for Portugal Telecom itself – a move that would arouse fervent political opposition in Portugal. Mr Sócrates had told parliament last week it was in the “strategic interest” of Portugal to ensure the country had a telecommunications company with an international dimension on the existing scale of Portugal Telecom.
This would enable Portugal to advance in the areas of research and development, innovation and engineering, he said in an answer to a question in parliament. Telefónica is seeking exclusive control of Vivo, Brazil’s largest mobile operator, as part of efforts to improve its faltering position in Brazil. But the Portugal Telecom board and core Portuguese shareholders said the previous Telefónica offers of €5.7bn and €6.5bn failed to reflect the “strategic value” of Vivo to the Spanish operator. Telefónica’s latest offer is almost three times the market value of Vivo in May when it the Spanish group announced its first bid and 98 per cent of the market value of Portugal Telecom.
Tories and Labour at war over unemployment figures. Normally one side briefs and then the other counter-briefs, but this time they interrupted each other's spin, contradicting one another and hurling statistics and comparisons at one another at a rate of knots. There was a fantastic spat today over Larry Elliott's exclusive piece in the Guardian claiming the Treasury had not published a forecast prepared for the emergency budget showing it would increase unemployment by 1.3m.
Number of unemployed is approaching 3 million mark. Wednesday 30 June 2010, 15:30 clock. Nuremberg / Berlin (Reuters) - The robust economic recovery, unemployment in Germany pushes closer and closer to the mark of three million. Registered in June, the Federal Employment Agency (BA) - as expected by experts - only 3.15 million people without jobs, and thus so few not seen since December 2008. "We are back to the level before the crisis", Federal Labour Minister Ursula von der Leyen said in Berlin on Wednesday. "The labor market shows to be stable, but he still is not dynamic, limited the CDU politician.The positive trend was not as strong as in May have been. BA chief Frank-Juergen Weise believes it, despite the skepticism of many experts, the possibility that the unemployment figure drops below three million by year-end: "The opportunity is there. The Nuremberg authorities counted 257 000 Erwerblose less than a year ago and 88,000 fewer than in May. That was in each case, the fourth decline in a row. In a June 1992 modified so few people have been registered without a job. The unemployment rate fell slightly by 0.2 points to 7.5 percent. Adjusted for seasonal factors, unemployment has increased compared to May fell by 21,000. Bright spots were also in East Germany: between Elbe and Oder, the unemployment rate fell for the first time this year under the one-million mark. "The demand for employees is increasing," explained manner. In open places to sit on the positive side, now would exceed the previous year's figures. In social insurance jobs and that there was an increase. Relief has the effect remains the short-time working. Last we counted 613 000 short-time workers - in the middle of the recession of the violent post-war history were it 2009 times more than twice as many. Decreases there is here, especially in the automotive, engineering and logistics industry. During the year reckoned with even less short-time workers.
Cafeisinho de Brusselas… or, (a кино III).
Cafeisinho de Brusselas… or, (a кино III). Clashing with those you appreciate over what you do or don’t want, - is never easy. They may paint out things you don’t want to admit, and you say things they don’t want to hear… Whatever it is, - why should I walk on tiptoes? Just because you have a face of Ruthenium? And than knowing this, - you deny me what’s rightfully is mine? Conducting an adventure when the “Money never sleep”, - is daunting. You well know it.
1). Samsun Boryeong From: AAP June 29, 2010 A Man has leapt overboard after being set alight in an explosion on a coal ship off central Queensland. The ship is 240 nautical miles off Mackay and is too far out to be reached by the RACQ-CQ Rescue helicopter. The ship is headed towards the coast and the chopper will be within range to reach him tonight. Samsun Boryeong IMO 9035412 Flag Panama build 1993 DWT 149475.
2). In the north of Moscow burning building Concern Almaz-Antey. A major fire occurred this morning in the north of Moscow: lit 7-story building near the Sokol metro. According to RBC in the fire authorities of the capital, a fire occurred in the house 80 Block 2 on the Leningrad prospectus in the attic of the building belonging to the concern Almaz-Antey ". The area of fire is 800 square meters. meters.
According to the spokesperson of the capital's emergency department of Russia Yevgeny Bobylev, ignition signal received at 10:30 Moscow time. Are currently being evacuated, fire is assigned 5-I (highest) category of complexity, the scene has 25 firefighters calculations and Search and Rescue Team. At the scene of a fire are also working with the fire helicopters water reservoirs. Motion close to the house is blocked. Information about the victims yet. According to recent data from the building evacuated over 1000 people. As of 13:30 fire have been contained. With the company "Almaz-Antey" refused to give comments.
3). Guest drop to Yanukovich the idea where he can look for oil. UNIAN - 17 minutes ago. According to an UNIAN correspondent, it said that Sri Lankan President Mahinda Rajapakse at a joint press conference with President of Ukraine Viktor Yanukovych after talks in Kiev. "We offered to find oil in your land”.
4). LKI to be de-listed from NYSE Amex. Lazare Kaplan announced it will be delisted after failing to file required financial statements.Below follows the full press release: “…Lazare Kaplan International Reports on Receiving a Notice From NYSE Amex LLC of its Intent to Initiate Delisting Proceedings. NEW YORK, June 24, 2010 /PRNewswire via COMTEX/ -- Lazare Kaplan International Inc. (LKI 2.56, +2.56, %) (the "Company") announced today that by letter dated June 18, 2010 (the "Notice"), the staff (the "Staff") of the NYSE Amex LLC (the "Exchange") notified the Company of the Exchange's intent to strike the common stock of the Company from the Exchange by filing a delisting application with the Securities and Exchange Commission (the "SEC"), pursuant to Section 1009 of the NYSE Amex Company Guide (the "Company Guide")…”
5). Nestle's $28.1 Billion Payday Gives It Google-Size Cash Pile. Jun 30, 2010. Nestle SA has a $28.1 billion question and investors have plenty of answers. Europe’s largest company by market value could buy almost any publicly traded food asset with cash when it gets paid for itsAlcon Inc. stake in the second half. Investors want the maker of KitKat bars and Haagen-Dazs ice cream to expand in emerging markets to catch up with Unilever, which gets about half of its sales in developing countries. “The world is their oyster, but the pearls can’t be too expensive,” said Wendy Trevisani, a fund manager at Thornburg Investment Management in Santa Fe, New Mexico, which has more than $700 million invested in Nestle shares. “They’re clearly a laggard in emerging markets.” Nestle will receive $28.1 billion from Novartis AG for its majority stake in Alcon, the maker of Opti-Free contact lens cleaners, giving it a cash pile exceeding the $26.5 billion that Google Inc. had on its books at the end of March. The Swiss company is starting a new 10 billion-francbuyback program, though Nestle would rather invest in its business or make acquisitions, Chief Financial Officer Jim Singh said June 22. About 1 billion consumers in emerging markets will increase their incomes enough to be able to afford Nestle products within the next decade, the Vevey, Switzerland-based company estimates. The world’s largest food company gets about a third of its revenue from emerging economies and Chief Executive Officer Paul Bulcke aims to lift that to 45 percent within a decade. Bottled Water?Nestle’s sales in emerging markets rose 8.5 percent last year, double the rate of the company’s total revenue. Its sales from those regions totaled 35 billion francs, more than any rival. Nestle shares, which no analyst recommends selling according to 42 ratings tracked by Bloomberg, are up 4 percent this year. They fell 0.3 percent to 52.20 francs at 12:04 p.m. in Zurich today. Unilever has dropped 0.8 percent this year. Kraft Foods Inc., the world’s second-largest foodmaker, has gained 4.6 percent. Nestle may purchase bottled water businesses in markets such as China, Frits van Dijk, head of Nestle’s Asian business, said June 22. Acquisitions would also be considered to expand its business selling nutrition products for athletes, such as PowerBar, Nestle Nutrition CEO Richard Laube said. Pet Food
Possible targets may include Synutra International Inc., the $950 million Chinese infant-formula company, according to Katherine Lu, an analyst at Oppenheimer & Co. Nestle should consider buying natural pet-food makers to better compete with Procter & Gamble Co., which agreed to buy Natura Pet Products Inc. on May 5, or enter new bottled water markets in India and Africa, said James Targett, an analyst at Consumer Equity Research. Nestle Waters CEOJohn Harris said June 18 the company has a list of five new markets it would like to enter. “The cash lets Nestle have the stomach to invest behind their existing businesses and markets,” said Thomas Russo, a partner at Gardner Russo & Gardner in Lancaster, Pennsylvania, which holds more than $350 million of Nestle shares for clients. “They have the field pretty much to themselves at the moment.” Nestle spokesman Ferhat Soygenis declined to comment.
Bulcke, 55, has made only one purchase of more than $1 billion since taking over as CEO in April 2008, the $3.7 billion purchase of Kraft’s North American frozen pizza business announced one day after the Alcon sale. The CEO has pledged to spend as much as 3 billion francs a year on acquisitions of smaller companies, and Nestle has said the company doesn’t need to make “transformational” purchases.
Possible Targets The cash due from Novartis is enough to buy any of Nestle’s rivals in food and non-alcoholic beverages save the six biggest. That includes adding a 22 percent average premium that Nestle paid for its acquisitions of listed companies since 2000. “They’re going to use the money to buy assets, at least a big chunk of it,” said David Hayes of Nomura. According to Hayes, Nestle may look at General Mills Inc., the maker of Betty Crocker cake mix, which has a market value of $24.8 billion.
The only listed food and non-alcoholic beverage companies with market capitalizations of more than $28.1 billion are Coca- Cola Co., PepsiCo Inc., Unilever, Kraft and Groupe Danone SA. H.J. Heinz Co. or Hershey Co. could also be targets for Nestle, Euromonitor said in a May 20 report. Heinz would allow scope for lower costs in culinary aids and baby food, and Hershey would strengthen Nestle in its weakest region for chocolate, the market research company said. Heinz has a market value of about $14 billion and Hershey is valued at $11 billion. ‘Hidden Gems’ Nestle should avoid buying big companies that would make managers spend too much time selling assets to satisfy antitrust regulators, Thornburg’s Trevisani said.
“Ideally they find a few hidden gems like Nespresso out there that may not look great at first glance, but over time develop into really viable growth businesses,” Trevisani said. Investors would also like to see share buybacks and dividends funded by the money it will receive for selling the stake, said Joerg de Vries-Hippen, who counted Nestle as the biggestholding in his Allianz RCM Swiss Fund at the end of 2009.
“The right thing is a mix,” said de Vries-Hippen, who helps manage 16 billion euros ($19.5 billion) at Allianz Global Investors in Frankfurt. “If you’d win the big jackpot, 30 million, and the first thing you do is buy a big house, 10 cars and maybe give your family a lot of money, in the end you will have lost all your money.” Nestle needs to give investors more clarity on what it will do with the money, or else analysts might become less willing to recommend buying the stock, said Carl Short, an equity analyst at Standard & Poor’s Equity Research. He moved to “hold” from “strong buy” in October, partly on such concern.
“It becomes a bit of a problem, because if you’re telling someone to buy the stock, they can turn around and say ‘what am I really buying?’” Short said. “You could buy Nestle today and in six weeks time, it’s a completely different company.”
6). "It's very difficult to have another opportunity like this to sell"
Spain ends today, the EU presidency. Starting tomorrow, the community will guide the work of Belgium. The Spanish presidency was - according to commentators - bad, but not the worst. First of all, this was the first six months under the new Lisbon Treaty, which undermines the role of the country chairing the work of the Community. On the picture, the Spanish Prime Minister Jose Luis Rodriguez Zapatero, President of the European Council, Herman Van Rompuy and European Commission President Manuel Barroso. Spain has prepared a very ambitious agenda for the six-month presidency, and it is not, and the President of the European Council, Herman Van Rompuy was playing first violin in the Union.
The sinister icy black hand of dead club…
The sinister icy black hand of dead club… You know nation…, - what is my idea of an ideal relationship? Is when I involve the combining my interests (financial or otherwise), with, to later on assemble them to come up with one solid, grounded asset that I and my “colleagues”, “co-workers” (i.e. ‘no-one-interview-in-the-six-months’), can share. Even, when my “acquaintances” know more about “these” matters than I.
METADE DE NOSSO CAMELO OU GOLP DE MISRECORDIA: TELEFONICA INCREASES OFFER FOR 7.15 BILLION. 29/06/10 23:30. It's the ultimate ploy to gain control in Brazil. On the eve of decisive AG, Telefonica rose once again, the offer, this time to 7150 million. Spain's Telefonica, on the eve of the general assembly of Portugal Telecom, has decided to revise upwards the price of the offering to buy the 50% that the Portuguese company owns Brasilcel, the 'holding company that controls 60% stake in Vivo. In a statement sent to the CMVM by the end of the day, Telefónica announced a 10% increase in the offer price to buy Vivo. The Spaniards are now willing to pay 7150 million, in a last attempt to convince PT shareholders to accept its takeover offer on the Brazilian operator. A new proposal for another 650 million euros, is valid until July 2 and Telefónica retains all other stipulations and conditions contained in the latest offer, including the possible purchase of PT, or appoint someone to acquire a position of about 10% in the capital of Portuguese operator. This is the second time that the Spanish company revises upwards the amount payable to shareholders of PT. The initial proposal was 5.7 billion euros and was subsequently improved to 6.5 billion. The board of directors of PT had already said that the 6.5 billion does not reflect the value that may live for Telefonica in the long term. This latter figure may weigh in the decision of the shareholders who will be meeting tomorrow in an extraordinary general meeting, from 10 hours, at the Congress Centre of Lisbon. Follow the AG's PT, live, from 10:00 in Etv and www.economico.pt. Government assesses use of 'golden share' to catch Telefónica Climb the last hour of purchase price eases Vivo
European Economics Preview: German Unemployment Data Due. Wednesday June 30, 2010 01:40:00 EDT. (RTTNews) - Unemployment data from Germany along with inflation data from the eurozone and business investment data from the U.K. are due on Wednesday, headlining a busy day for European economic news. All times in ET. Major economic news released on Tuesday were mixed, with eurozone economic sentiment rising unexpectedly while U.K. mortgage approvals fell slightly. French consumer sentiment continued to fall in June.
Merkel Faces Test of Leadership in Secret Ballot on Presidency. Jun 30 2010. Chancellor Angela Merkel faces the biggest test of her second term today in a secret ballot to elect Germany’s largely ceremonial president, a vote that threatens to rattle her coalition.
Oil Worker Killed In Lindsey Refinery Blast. Wednesday, June 30 03:18 am. An oil worker has been found dead following an explosion at a refinery in North Lincolnshire. The man, who has not been named, had been working close to a crude oil distillation unit which caught alight then exploded at the Lindsey Oil Refinery, at about noon yesterday. More than 50 firefighters from Humberside Fire and Rescue Service were called to the plant where black smoke was seen billowing from burning crude oil. Some 10 appliances were brought in to tackle the blaze. People living in the area surrounding the plant in North Killingholme reported hearing the explosion. Employees said the fire started in a superheated industrial heater close to where they walked to work. In a statement oil company Total, which runs the refinery, said: "It is with deep regret that Total Lindsey Oil Refinery can confirm that there has been a fatality following the fire and explosion at 11.57. "The deceased has yet to be formally identified. "Formal investigations have been launched by the Police and the Health and Safety Executive. "We are fully co-operating with these inquiries in order to understand exactly why this tragic incident occurred." Two people were treated for minor injuries following the blast. One was taken to the Diana Princess of Wales Hospital in Grimsby. Humberside Police initially warned residents to stay indoors and keep their windows closed but people have since been told they can safely leave their homes. Police are now working with the fire service to determine the cause of the fire which has been extinguished.
Tuesday, 29 June 2010
A century old antagonism, or “Mapa côr de rosa”….
A century old antagonism, or “Mapa côr de rosa”…. Imagine me walking along the Thames. Then, think about if I trip. What’s happen next? Can I fall over? Well, - the possibility will be that I’m just stumble. For my age, this is important. Making today the article compilation, - I am asking to myself: - ‘It’s you the mammoth? The gigantic proportions faux pas? The social blunder of enormous indiscretion? It’s almost vital to know. More yet, after such hectic last week. So what, - if I try too hard? It’s a regular procedure by now. But, if this effort is the case of backfire? When this quantity of money moves occurred, - the extreme caution are demanded from the euro-schizophrenics like me. Recording the how sranaia churka Alekperov was buying the Picasso’s “Maму”, - how I can preserve my interests, and, to invest in myself? It’s, if not, - not sense, not logic or fare. When the “someone” (i.e. козло-вонючиe кацапскиe твари) change at work (i.e. the spies with ongoing piggy faces), - keep want to put more responsibilities’ on me. If I don’t speak about the being COMPENSATED for my effort, - not the EU (energy), not the Portland 450 cement (salary), not the Santander, mum-m, the “Santanders”, - never will! Even in my “case”, the old ways just aren’t working any more. The proper ‘universe’ is challenging me and you to think in new, “bigger”, and more progressive ways. I will not calling your attention to the fact that this isn’t my strong point. (Since I appreciate the tradition and decency). Since I have right insights into other people’s motives, to carry on carve out an adequate niche.
Their briefs. ENGLAND’SWorld Cup flops suffered one last indignity before heading home in ignominy – robbed of their underwear by cleaners at their five-star hotel. The players, whose trouncing by Germanywas blamed yesterday on ‘tiredness’, discovered Ј7,000 of football kit and souvenirs had been taken from their rooms. The haul included socks, underpants, a commemorative Fifa medal, crockery
and even the shirts they had swapped with the US players.
BP staked its future on expanding offshore drilling a month before the catastrophic explosion on the Deepwater Horizon triggered the United States' worst environmental disaster, according to company documents revealed yesterday. The investigative web site ProPublica published a March 2010 strategy document in which BP named "expanding deepwater" as its number one area for long-term growth.
Telefonica's Vivo Bid Stirs Portuguese Hostility Before Vote. Jun 29, 2010. The vote on Telefonica SA’s 6.5 billion-euro ($8 billion) offer forPortugal Telecom SGPS SA’s stake in their Brazilian venture may be too close to call, turning on how a centuries-old antagonism plays out. Portuguese investors probably control 40 percent to 50 percent of the vote, according to Banco BPI analyst Pedro Pinto Oliveira, meaning the bid’s success may hinge on whether they cast their ballot at tomorrow’s meeting along nationalistic lines. Portuguese Prime Minister Jose Socrates last week asked state-owned lender Caixa Geral de Depositos SA, with 7.3 percent of Portugal Telecom, to reject the bid.
Telefonica’s offer may come up against a four-century-old distrust on the Iberian Peninsula that’s given rise to the Portuguese adage that “from Spain, there are neither good winds nor good marriages.” The two countries are squaring off today too, playing each other in the World Cup soccer match to determine which team goes to the quarterfinals. “There is a certain element of hostility there,” said Roger Appleyard, head of global credit research at RBC Capital Markets in London. “It would probably not be the same if the bid were from a company such as Deutsche Telekom.” Telefonica is offering to buy Portugal Telecom’s stake in their 50-50 venture Brasilcel NV, which owns 60 percent of Vivo Participacoes SA, Brazil’s largest wireless company. Portugal’s Socrates has called the stake in the asset in Brazil, a former Portuguese colony, “strategic.” ‘National Champion’ “It’s a national issue,” Jorge Felix, president of the Portugal Telecom workers’ union. “No one can deny the strategic value Vivo has for the growth of Portugal Telecom, or the strategic interest for the country of having a company that has the capacity to invest and help in its technological development. It’s as much or more important for Portugal than it is for Spain.” Portugal Telecom relies on Brazil for growth, with sales from the Latin American country rising 27 percent in the first quarter, while revenue at home fell 3.6 percent. Yet Portugal Telecom this month acknowledged that the company can provide “no assurance” that “similar value will be delivered to the shareholders for Vivo” should Telefonica’s bid fail. “Portugal wants to remain having a national champion and that’s all fine, but it does not make rational economic sense to reject the offer because it’s significantly more than the Vivo stake value on any measure,” said Appleyard. Telefonica Stake About 36 percent of Portugal Telecom is held by Portuguese investors, according the company’s website. U.S. holders own 23 percent, 21 percent is owned by investors based in the U.K. and Ireland and 19 percent by shareholders in the rest of Europe. Telefonica held 10 percent of Portugal Telecom before reducing its stake to 2 percent last week. Telefonica still controls 10 percent of the voting rights, Portugal’s securities market regulator said yesterday. Antonio Menezes Cordeiro, chairman of the shareholders’ meeting, will decide if the Spanish company can exercise its voting rights or whether it would represent a conflict of interest. Institutional Shareholder Services, the influential group that advises investors, recommended June 14 that Portugal Telecom shareholders accept Telefonica’s offer. On June 18, Proxinvest, another shareholder advisory service, recommended that the bid be rejected. Two large Portuguese shareholders have said they will reject the bid. Ongoing Strategy Investments SGPS SA, which owns a 6.8 percent of the Portuguese company and has board representation, plans to vote against the offer. Close Call The price is not sufficient, Jose Maria Espirito Santo Ricciardi, chief executive officer of Banco Espirito Santo SA’s investment banking unit, said in May. Banco Espirito Santo owns about 8 percent of the stock. “It will be a close call,” said Teresa Martinho, an analyst at Banif Investment Bank in Lisbon. “I still think at this price it will be hard to pass.” Portugal Telecom Chief Executive Officer Zeinal Bava has sought to step up the fight to force his counterpart at Telefonica SA, Cesar Alierta, to put more money on the table. Alierta has refrained from boosting the bid a second time, Portugal Telecom, which rejected an initial 5.7 billion-euro bid without a shareholders vote, has said the revised offer “does not reflect the strategic value of this asset for Telefonica.” Madrid-based Telefonica, which said its first offer was “fair, full and final,” wants control of Vivo to merge it with Telecomunicacoes de Sao Paulo SA, or Telesp, its fixed-line unit in Brazil. ‘Regional Rivalry’ “The offer is more than reasonable and that should be enough,” said Alberto Espelosin, who helps manage about $12 billion at Ibercaja Gestion in Zaragoza, Spain. Still, for some investors, voting on the offer may be less about reason and more about history. Portugal fought off invading Spanish armies in the 1600s as well as the 1800s, when they attacked with Napoleon’s forces. Spain ruled over Portugal for 60 years between the late 1500s and early 1600s. That history is the backdrop for most of Portugal’s dealings with its neighbor -- from business to soccer. “It’s a regional rivalry in every aspect,” said Carlos Queiroz, the Portugal team’s coach said at a press conference yesterday in South Africa. “A Portugal-Spain is a special titbit, like Argentina-Brazil or England-Germany. They are menus you don’t see every day.”
Miller's Gazprom increased. "Gazprom has increased its payments to its senior executives by 25% - a man had more than 60 million rubles. And this despite the fact that last year the company lost and markets, and revenues.
In a warehouse next to the ID "Izvestia in Moscow there was a fire. June 29, 2010, 14:: 44. On Tuesday afternoon near the Publishing House (ID) Izvestia in Moscow warehouse caught fire with waste paper products, said spokesman capital MOE. According to him, pressed paper and waste paper products caught fire at 13.18 in a two-story warehouse at: Nastasyinsky lane, 4. "Arrived at the scene firefighters quickly coped with the fire. The area of the fire was 30 square meters ", - said the spokesman, reports RIA Novosti. He did not specify whether the stock belongs to the ID "Izvestia", or other organization. Causes of fires are set, they said in the main emergency department of Moscow.
Odessa stolen Caravaggio painting worth $ 100 million found in Germany. proUA / 29.6.2010 half past eight. Police found the stolen Caravaggio painting "Christ Taking into custody, or Judas Kiss" by law enforcement searched for two years, the "Today". As writes edition, the picture cost $ 100 million were deported from Ukraine in skrutyvshy tube. In pursuit operations hijackers attended special secret police. "Caravaggio found! Painting found in Berlin on June 25. On suspicion of kidnapping arrested three citizens of Ukraine. First, the picture will bring to Kyiv. And then sent home to the Museum of Western and Eastern art "- not hide the joy, the chief of the Odessa Regional Police Michael Yatskov.
In Ukraine, after two years of searches canvas delivered accompanied by Interior Ministry special employees "Titan". "Delayed attackers had already invaded the field of law enforcement. But then their involvement in the theft of paintings by Caravaggio show failed. Now, after examination by the German and Ukrainian specialists, established reliability and picture because it was necessary to ensure that no copy of it "- said the chief adviser to Interior Minister Konstantin Stogniy. Stogniy confirmed that employees were involved in operations of one of the structural units of central MIA.According to the paper, it is police officers from the newly established Office of the secret special operations, dealing with the operational development of organized criminal groups. "Germany got the sight long ago. There's a large black market among connoisseurs of Russian art. We contacted the German police, which began to process underground antiques dealers. "Judas Kiss" found by chance - three Ukrainian suspected of illegally selling a totally different work of art and searched the apartment of one of them.Caravaggio was also found other masterpieces. That is a picture of robbers tied up in the carriage. Because of this paint on canvas potriskalasya somewhat, but minor damage "- says a source in the Odessa police. Despite assurances from police that the accuracy of the painting is set in Odessa Museum until no hurry to rejoice. "I am afraid that this finding was not the same holder as information about the sale of Caravaggio on one of Moscow's websites for 60 million rubles. Later it turned out that the "duck", launched by police who tried to catch the thieves to "alive". If the picture is really ours, provide a good reception. There will be an exhibition of one painting - "Caravaggio", - said museum director Vladimir Ostrovsky. Recall brilliant masterpiece of Michelangelo and Caravaggio Merizi "taking Christ into custody, or Judas Kiss" worth about $ 100 million stolen, presumably Odessa law enforcement officers the night of August 4, 2008.
Monday, 28 June 2010
Santander.
Santander. It’s a bit mental when the Santander personally wants to ‘limpar o meu cebo’… It feels like a true challenge for my off soul… The small intuition is wandering if I can (however the results I had), transform my dare into a success. How had the recent developments changed my view for future directions? If “one team” died, (Deepwater) and other simply “seized” during the (Visa card) acquisition? Was my Values Chart Theme switched out? The hot words have been exchanged, but, for the first time I can see the things from a more detached point of view… And they are telling me that it’s good time to spend my time (and the santander’s value chart), - and to be focused on money. Focused on how I can save, how I can make more, or, at least, how I can make what I have last longer. Once my finances fell into place, - I can start appreciate those from left side (EdF, - for example), of the brain more.
- Who is the Juror?
- Santander, your Highness…
Spanish banks rage at end of ECB offer. June 28 2010 19:43. Spanish banks have been lobbying the European Central Bank to act to ease the systemic fallout from the expiry of a €442bn ($542bn) funding programme this week, accusing the central bank of “absurd” behaviour in not renewing the scheme. On Thursday, the clock runs out on the ECB financing programme – the largest amount ever lent in a single liquidity operation by the central bank – under the terms of the one-year special liquidity facility launched last summer. One senior bank executive said: “Any central bank has to have the obligation to supply liquidity. But this is not the policy of the ECB. We are fighting them every day on this. It’s absurd.” Another top director said: “The ECB’s policy is that they don’t want to provide maturity of more than three months. But they have to adapt.” Banks across the eurozone, but in Spain in particular, have found it hard in recent weeks to secure liquid funding in the commercial markets, with inter-bank funding virtually non-existent. The €442bn ECB facility, which charges interest at a rate of 1 per cent, is not set to be renewed, something that banks in Spain and elsewhere in Europe say ignores current commercial realities. A special offer of six-day liquidity will tide banks over until the following week’s regular offer of seven-day funds. On Wednesday, the ECB will also be offering unlimited three month liquidity, and further offers of three-month liquidity will keep banks going until at least the end of the year. “The system is just not working,” agrees Simon Samuels, banks analyst at Barclays Capital in London. “We’re approaching the third year of liquidity support and still the market cannot survive unaided.” BarCap estimates that at least €150bn of the ECB funding that is maturing will not be rolled over into shorter-term three-month schemes, forcing banks to shrink their own lending. Spain’s banks have been among the hardest hit by the faltering confidence in the eurozone economies in recent months following problems with the country’s smaller savings banks, or cajas. The bigger commercial banks, led by Santander and BBVA, feel unfairly tarred. The euro’s monetary guardian has also come under pressure from German banks to provide one-year loans. It stopped offering such loans late last year, when it began unwinding exceptional measures taken after the collapse of Lehman Brothers. It resisted reintroducing such offers even when its “exit strategy” was thrown into reverse last month by the escalating eurozone debt crisis. ECB policymakers worry that providing cheap loans for such a long period distort markets and could restrict the room for manoeuvre in monetary policy. Lending by eurozone banks to businesses and households is improving only modestly, in spite of the pickup in economic activity. Loans to the private sector grew at an annual rate of 0.2 per cent in May, up from 0.1 per cent in April, according to ECB figures released on Monday. Lending to households was strongest, although the annual rate of decline in lending to corporations also slowed.
PT falls 3% as telecom and is the most falls in Europe. 28/06/10 15:00. The square deal in Portuguese adverse terrain falls heavily influenced mainly by Portugal Telecom and Brisa. The index includes the key listed nationals, the PSI 20, retreated 0.58% to 7177.04 points on Thursday sesssão consecutive losses in Lisbon, while 13 shares protagonists gains. The Portuguese stock market went in the opposite direction to the other European markets, which recorded the first session of gains in five sessions. Leading the falls were in the PSI 20 Portugal Telecom shares, which fell 3.16% to 8.28 euros, following the 'downgrade' the recommendation given by Santander. The Spanish bank has revised downward today the recommendation for the Portuguese operator to 'buy' to 'hold' due to the gains won by almost 30% since early May and maintained a price target of PT in 8 euros per share, below the current quote. PT thus presents the worst performance on the Bloomberg index that gathers 21 European telecoms and showed slight gains of 0.65%. Brisa already lost 2.2% to 5.32 euros, after BNP Paribas of these papers have initiated coverage with a recommendation from 'underperform' and a 'target' of 5.50 euros. The press were also the titles of banking, with BCP and BES dropping 0.9%. BPI, in turn, followed in the opposite direction, advancing 0.6%.
Man arrested after bank siege. Monday, June 28 08:44 pm. A man in his 30s has been arrested after an armed siege at a bank.The arrest came three hours after a suspected gunman took a number of hostages in the incident at Barclays Bank in Church Road, Ashford, west London. Superintendent Duncan Greenhalgh of Surrey Police said: "Shortly before 4pm, Surrey Police received reports that a man with a firearm had entered Barclays Bank in Church Road, Ashford. A number of people were inside the bank at the time and being prevented from leaving. "This was a fast-moving incident and police were on the scene within minutes. Trained hostage negotiators made contact with an individual inside the bank and just after 7pm a man came out of the bank and was contained by armed police. The man, said to be in his 30s, was detained after a three-hour armed siege by police at a branch of Barclays Bank in Ashford, Middlesex.
It is believed he entered the bank at 4pm brandishing a sawn-off shotgun then handcuffed the staff and customers using plastic cable ties and made them put on white boiler suits. One of the hostages said he ordered them to blackout the windows of the bank using spray paint. When police responded to the scene and told the suspect to surrender he is understood to have shouted to them that he had “dynamite” with him inside. A witness who saw the arrest said that a “shaven-headed, white portly man” finally emerged from the bank smoking a cigarette before he was handcuffed and led away. All the people involved are being assessed by medical teams but there have been no serious injuries. "This was obviously a very traumatic experience for those members of the public and bank staff caught up in it but I am extremely pleased with the quick and effective response from officers who brought this situation to a close without injury to anyone, including the suspect."
US authorities 'bust Russian spy ring'. Monday, June 28 10:25 pm. 4 mins ago. Ten alleged members of a “deep- cover” Russian spy ring whose ultimate goal was to infiltrate U.S. policy-making circles have been arrested, the Justice Department said. The arrests yesterday in the New York area, in Boston and in Arlington, Virginia, are the result of an investigation by U.S. authorities into the ring, which began operating in the 1990s, according to two criminal complaints unsealed today. The alleged agents posed as American and Canadian citizens, some of them living in the U.S. for more than 20 years, with the goal of becoming “Americanized” and passing intelligence back to the Russian Federation, according to the complaints. The conspiracy involved at least three unnamed Russian government officials, according to the complaints. U.S. officials collected evidence on the alleged spies through wiretaps and e-mail monitoring, the use of hidden microphones and video cameras and secret searches of some of the defendants’ homes, according to the charges. The alleged spies were instructed to remain in place for years before they could deliver useful intelligence, according to the charges. According to the charges, two of the defendants, known as Richard Murphy and Cynthia Murphy, received a coded message in 2009 from the Moscow headquarters of the Russian Federation foreign intelligence service, instructing them on their duties. ‘Service Trip’ “You were sent to USA for long-term service trip,” read the message, decoded by the Federal Bureau of Investigation, according to the government. “Your education, bank accounts, car, house etc. -- all these serve one goal: fulfill your main mission, i.e. to search and develop ties in policymaking circles in U.S. and send intels [intelligence reports] to C[enter].” By using illegal documents, agents assumed false identities before getting university degrees, took jobs and joined professional associations, according to the complaint. Agents also lived together, posing as married couples and having children to deepen their cover, or “legend,” the FBI said. Before coming to the U.S., agents were trained in spycraft, learning foreign languages, the use of encrypted messages and the avoidance of detection of their work, according to the FBI. One method that agents learned was a “brush-pass” or “flash meeting” in which they secretly passed items or payments to another while walking past them in public, according to the FBI. Encrypted Messages. Prosecutors said federal agents determined the defendants used a process called “steganography,” or messages that are secretly encrypted within electronic images. Federal agents found such encrypted messages on a computer disk recovered from a 2005 search of the New Jersey residence. The defendants also made use of “radiograms” in which they used coded bursts of data sent by a radio transmitter that can be picked up by a radio receiver set to a proper frequency. As the messages are transmitted, radiograms sound like the transmission of Morse code, the U.S. said in court papers. The government charged 11 individuals, including the 10 arrested, with conspiring to act as illegal agents of the Russian Federation within the U.S., according to a Justice Department statement. The 10 defendants are expected to appear in court today. The 11th hasn’t been arrested, according to the statement. Nine of the defendants are charged with conspiracy to commit money laundering. The defendants face as many as 20 years in prison on the money laundering conspiracy charges. The charges of conspiracy to act as an agent of a foreign government without notifying the U.S. attorney general carries a prison sentence of as long as five years.
France Telecom to pull out of Le Monde bid. June 28 2010 12:46. A trio of businessmen have won the race to take over Le Monde, France’s most prestigious daily newspaper, after a rival consortium including France Telecom and Prisa of Spain said on Monday it would withdraw its offer. The winning trio of Matthieu Pigasse, a Lazard banker, Pierre Bergé, the former business partner of Yves Saint Laurent, and Xavier Niel, the telecoms billionaire have agreed to invest around €100m in return for control of the cash-strapped daily. Le Monde’s supervisory board will meet on Monday afternoon – in theory to choose a new owner. In fact, it has no choice because France Telecom and Claude Perdriel, owner of Le Nouvel Observateur magazine, said they would terminate their joint bid with Prisa, the Spanish media group, after it was overwhelmingly rejected in a vote by Le Monde staff on Friday. In a statement, France Telecom said it and Le Nouvel Observateur had agreed to keep its offer on the table “out of respect for Le Monde board members” but said it would withdraw it after the board meeting “whatever the decision”. The victory of Mr Pigasse, Mr Bergé and Mr Niel is a blow to President Nicolas Sarkozy who intervened in the recapitalisation to try to thwart their bid. Mr Sarkozy summoned Eric Fottorino, Le Monde’s editor, to the Elysée palace this month and threatened to withhold state subsidies to the newspaper’s printworks if the trio took ownership of such highly influential title. Mr Sarkozy took issue with the suitability of Mr Niel, who started his fortune investing in adult entertainment. But the president’s motives were more likely political, given the sympathies of Mr Pigasse and Mr Bergé for Mr Sarkozy’s socialist opponents and the trio’s determination not take instructions from the Elysée. Le Monde journalists were furious at Mr Sarkozy’s interference and suspicious about the involvement of France Telecom, which is 26 per cent owned by the French state. The journalists voted by 91 per cent on Friday in favour of the Pigasse-Bergé-Niel bid because it offered better guarantees of editorial independence, was a “more coherent offer” and promised to avoid redundancies. In particular, the winning trio say they want to bring about closer integration of Le Monde’s newspaper and website operations, which are not only editorially separate but are owned separately. Le Monde’s journalists stand to do much better from the winning bid than had been expected when the race to recapitalise the highly indebted newspaper was launched this year. Under the existing complex ownership structure, the editorial staff have a control of a majority of the capital and a veto over the editorial line and choice of editor. Staff expected to lose their guarantees of editorial independence as a result of the recapitalisation and dilution of their stake. But the winning consortium has promised to preserve the staff’s power of veto over the choice of editor and any subsequent takeover. The journalists may even maintain a blocking minority through a foundation set up on their behalf by their generous new owners. However, there remain some question marks about the complex transactions required to complete the recapitalisation, not least whether Lagardère, the French media group, and Prisa will remain as investors in Le Monde. The new owners may also have to dig deeper into their pockets if they want to return Le Monde to health.
Per day.
Per day. Was right when was telling you that the old whore (Portugal Telecom, Telefonica, GTL Infra) will be participating in my life? In this, a) incredible complex; b) the emotionally demanding issue. Who is keeping enjoying the troika from my pocket? Not the “your-highness”? I was right (i.e. dreams) “a little recommended people”, time to speak for myself, - is now. For you, - Elizabeth the II - old whore is still be not clear the www.workinglinks.co.uk arrival of EdF warden with piggy face of Charles the II from “rusia petroleum” with monkey ears (of MACACO), - knocking at my door to ask (after I have been finishing this issue) for, - ‘How much gas I waste’… Personally, for me this anglo-saxon-rusia-Perugia economics of “gee”, “this year”, “buy the cycle”, “buy the bicycle”, “buy the chair”,- even not start yet… Well, the shit of козло-вонючиx кацапскиx тварeй from camel turned around, - fortunately we are in transformation. With his question, “we” now can pinpoint which areas of “our”, - is in need to be revamped… Tipping “us”, - the Windsor Palace bunch, in questions of friends, business and love life. I am not sure if these philosophies have shaped theirs “personalities” in the fundamental ways. Not at all. Which, again, - is good enough for me. When instead of only black and white, - I start to see, the nation of the shit of козло-вонючиx кацапскиx тварeй from camel turned around, - some shades of grey…
Prince Harry falls off polo pony in New York. 2 hours 15 mins ago. Prince Harry has taken a tumble from his horse before his defeat in a New York polo match against the world's Figueras' Black Watch.
BP Loses $22 Billion in Legacy of Share Buybacks. By Brian Swint and Jessica Resnick-Ault - Jun 28, 2010 Add $22 billion and counting to the loss for BP Plc from the Gulf of Mexico disaster. BP agreed on June 16 to set up a $20 billion escrow fund to be administered independently. Raymond James & Associates Inc. has estimated that the spill may cost BP about $62.9 billion. BP’s leak at its Macondo well illustrates the risk in reducing a company’s cash cushion. For some companies, buybacks are a standard way to allocate cash and can be done “irrationally,” said Weiss. “Companies would be better off not buying back shares when prices are good,” he said. Aside from the $20 billion escrow fund, BP has $5 billion in cash, $5 billion in banking facilities and $5 billion in standby credit lines, according to Odone.
The company has obtained a further $5 billion from banks, according to two people familiar with the matter who declined to be identified because the arrangements aren’t public.
Harry Winston in $100 mn credit facility. Harry Winston Diamond Corp. has it entered into a $100 million revolving credit facility with Standard Chartered Bank, The Associated Press reported. The loan facility will mature on June 24, 2013 and has two one-year extensions at Harry Winston's option. The company said it will use the financing for general corporate purposes. The company said there are no scheduled repayments required before maturity. CEO Robert Gannicott said the financing provides "strengthened liquidity" for the company, which is based in Toronto. Harry Winston Diamond supplies rough diamonds to the global market from its 40 percent ownership interest in the Diavik Diamond Mine. It also sells diamonds and luxury watches at retail locations in including New York, Paris, London, Beijing, Tokyo, and Beverly Hills, Calif., the report said. The Associated Press.
Continuation of the “… discussed at my terms”.
Continuation of the “… discussed at my terms”. Getting clear to myself about my priorities, about to what I really want, and, to what degree I am prepared to act to get it, - I’m not interested to waste my time trying to get others understand what I mean or what I feel. If the memories want to play a major role, than, - I tell you what: ‘ Então, caros participadores das acçõês, estão lembrar-se dos meus 8%’? The one trivial question which comes from the ultimate “NADA”… Who is only have been utterly pragmatic (not again!), - to avoid the loss. Because, to collecting outstanding debts from ongoing… (you know how I call them), - will help me to realise where I’m standing financially, and, how I (and maybe you) can improve my current situation.
Bava, Bava, - a держава?
Corporate Profile
GTL Infrastructure, established in 2004 and part of Global group, is the pioneer in Shared Telecom Infrastructure in India. GTL Infrastructure offers ready to use passive infrastructure to wireless telecom operators. The company is in the midst of rolling out a Pan India network of 23,700 towers by 2010/11, and is offering the infrastructure to the leading service providers in India. It is a publicly listed company (BSE: 532775 & NSE: GTL Infra), and has emerged as the largest independent tower company in India. GTL Infra is registered with the Department of Telecommunications as an Infrastructure Provider in Category I (IP-I). The Company builds, owns, operates and maintains passive network infrastructure on a shared basis in order to cater to the rapidly growing infrastructure needs of cellular telecom operators.
GTL Infra, Reliance Infratel Create Largest Telecom Infra Unit. Monday June 28, 2010 01:10:00 EDT. (RTTNews) - GTL Infrastructure, of the Global Group Enterprise and a pioneer in shared passive telecom infrastructure, has tied up with Reliance Infratel to form the world's largest independent telecom infrastructure company, neither owned nor controlled by any telecom operator. The GTL board approved in principle for the over-Rs.50,000- crore transaction with Reliance Infratel, a subsidiary of Reliance Communications (R.Com). Both companies agreed to merge Reliance Infratel's assets into GTL Infrastructure. R.Com will receive stock and cash in return. Based on developments in the Indian telecom sector, the likely future demand for telecom infrastructure in India from 14 2G players, the merged entity is expected to derive substantially higher tenancy ratios, apart from ensuring scale benefits and operational synergies. The recent acquisition of tower business of Aircel and Reliance Infratel, would improve tenancy for GTL Infrastructure. Post-merger, the company would have over 80,000 towers and more than 1,25,000 tenancies from over ten telecom operators, including R.Com., Aircel, Etisalat DB Telecom, Idea, Vodafone, Bharti Airtel, MTS, Uninor Telecom, Videocon Mobile, Tata Tele-services and STel. Also, the merged entity will have a firm option of additional 75,000 tenancies from leading players, the company said. R.Com. will utilize the cash proceeds to reduce its consolidated gross debt and improve leverage ratios, effecting enhanced financial flexibility. The shares that the company receives in the newly-merged entity will enable its continued participation in prospects of the high-growth telecom infrastructure sector, a company statement said. The transaction will help R.Com. more than halve its debt, as the Anil Ambani-led company prepares to roll out high-speed wireless services--known as 3G. R.Com. board has separately approved in principle a proposal to induct strategic and/or private equity investors for a 26% share-holding in the company and may become debt-free, say media reports. The proposed transaction will achieve final closing over the next six months. Standard Chartered Bank is the financial advisor to GTL Infra. At the BSE, shares of Reliance Communications are trading at Rs.199.15, up by Rs.6.65 or 3.45% and that of GTL Infrastructure are trading at Rs.48.30, up by Rs.2.95 or 6.50% .
Telecommunications: Administration of PT meets the 24 hours of AG. Economico – Alves. 28/06/10 00:05. California Fund, which has yet to know their vote will be decisive in the House on Wednesday. The board of directors of PT will perform tomorrow afternoon a regular meeting 24 hours before the general meeting of shareholders who must decide on the sale of 50% of Vivo to Telefónica, official sources confirmed the company's Economico Daily. The meeting was scheduled and the agenda are "issues of daily management of the company and not to bid for Living." However, given the proximity of the general assembly, any movement of Telefónica eventually, of course, on condition the agenda. Moreover, it remains unclear whether the latest move by Telefónica to ensure a favorable vote of the shareholders of the Portuguese operator to offer 6.5 billion euros, and even if there is one last attempt.
First, Telefonica rehearsed a proposal on special distribution of dividends, which was lead by Chairman of the General Assembly, Menezes Cordeiro, then sold 8% stake it held in PT, through an 'equity swap' operation aimed at secure more votes in the House on Wednesday and is under close analysis of the CMVM. Within this framework, uncertainty, which PT and Telefonica have guns to the meeting that will decide the future of Vivo. After the declarations of the Portuguese shareholders long term against the bid of Telefónica (CGD Ongoing and [owner's Economic Daily]) and the expected rejection of the BES, all eyes are turning to the major shareholders who have not taken a position on the business, with emphasis on fund Brandes, which is the second largest investor in PT, with 7.89% stake.
Queen Saves The Day For Stranded Dad-To-Be. Sunday, June 27 05:27 am. It's been a standing gag in the Harrison household that my birth received the Royal seal of approval. Skip related content Thirty-seven years later, just as I thought I'd heard the story recounted for the last time - it's about to be dusted off and given the red carpet treatment.
Sunday, 27 June 2010
Continuation of the “Like a Rule”.
Continuation of the “Like a Rule”. I was telling you how the Potatine of Anglogold, of AngloAmerican Platinum, and of the Black Web’s of Prince Charles the II (never hear call him before “a preto”) was reading something very fun from high tribune, and than I receive the bullet in my left temple? I was telling you too, how I put the two-neck-picture of the “REM soloists” in my Blog, and at night the ‘posted picture’ – hit me in the back of my head? Was I, - who was telling “story” about yesterday two brothers run at my direction at the nearest HSBC? No? And before that, - the General (I’m not joking) of Salvation Army, ‘de bolina serrada’ making me гоп-стоп “nearby” the Balmorals Palace side-street? Only because he extort from me (actually a big sum for “my high”) money having all this covered with the “his contoro” structure… Well, to be shorty I “start explain” the ‘Boring situation’: a routine procedure, situation, or way of life that has become uninteresting and tiresome. Exm. - I felt I was in a rut. (Almohads say: (Estar na foça) The Latin people also say: - ‘Vingança – e um prato frio…’ For me, its have a special meaning. To completely understand, or “interpret”, - the english speaking World say, that leftover food can sometimes taste nicer, than it did on the day it was cooked. Well, than, my ‘respectful’ G-8 “co-workers” and “colleagues” let’s start “OUR” frenzy feeding. Starting with Byelorussia (not Belarus like you like Prince Charles the II) valve… Which, we all see how for short period of time SHE was too frequently “in-and-out”. More later you understand why the Lukashenko even recall the two (2), not the two billion of Great Britain Pounds, but, ‘two pounds’ LEND to him by the sranaia, of cocaine from Roayl Family of Lancaster’s churka, - in this “case” Aliev’s… Which the www.workinglinks.co.uk called: - ‘Family-Business-…,-not-one-interview-in-six-months…’ And I, “naively” call this, - the Royalties & Concessions. Like I should, but always choosing the path of “Claiming space” message… Not strangely that in these times generally, and this weeks particularly things are a) incredible complex; b) emotionally too demanding. The new (?) long term relationships, the “that” ground-breaking (you nation of the shit of козло-вонючиx кацапскиx тварeй from camel turned around understand what I mean? Do you?), commitments to common goals, - WILL NOW OPENLY DISSCUSSED AT MY TERMS.
Which at the moment, as a matter of fact, I must say, - I’m completely torn between what I should do and what I want to do… Which for the old fxxxx whore is none of compassion; and at least for two decades… in her egoism, - she’ll never understand photon/electron physics between my personal responsibilities’, and …the money. With all her ardour, tomorrow, she will start to exercise upon me the “practical” application. Inundating me in the Sea of Uncertainty, like only the British Natural History Museum can do. Regardless of the “rusia petroleum” broken hub… You liked this “Big Cahoona” burger plate? Let’s to the deserts… Which, actually have a lot to do with “these days” my internet connection. With the invulnerable side, whereas my insight, desirable luck is within a very ‘definite limits’… And this is exactly at the period of the most important, fundamental and systematic issues. In place will be to mention the “European engine’s” SMS gap? Or “we” keep be happy with the “even-the-one-interview-in-six-months-you-”don’t have””? Cary on through my head, - request an additional information? The one example for the old fxxxx whore: Having, with blood accumulating a reasonable credit in my account, which after 12 (twelve) years was doubled. I make the vital acquisition without closely even in approximates, to the previously agreed limit. I sure, that you old fxxxx whore, - know the rest of story… Than, “we” want that I ask my-self for advice, support and the possible maintains? Fat mouths, - like my desert?
Assassins collectors looking for the best investigators CID . Early Sunday morning in downtown Moscow was an armed attack on the armored truck, which killed three members of the non-banking credit organization "Inkahran. As it turned out, one of three killed himself was the shooter in the collectors. According to preliminary reports, shots were fired inside the car. Not far from the car was found a student ID card, but it is unclear whether this is related to the crime. "Until we know for certain that the shots were made from the IZH system Makarov and TT pistol," the money was carrying employees of chop, but not professional as collectors. As it became known, died collectors - are employees non-bank credit organization "Inkahran.
Grupo de 40 jovens ameaça e tenta assaltos em comboio, obrigando PSP a intervir e fazer detenções. RTP. 22:04. Lisboa, 26 jun (lusa) -- Um grupo de cerca de 40 jovens provocou hoje o alarme, com desacatos e tentativas de assalto, entre os passageiros de um comboio da linha Lisboa-Cascais, obrigando à intervenção da Polícia de Segurança Pública (PSP)
Money for the calculation with Gazprom for the gas delivered lent Belarus Azerbaijani President Ilham Aliyev, said the president of the republic, Alexander Lukashenko.
Reason: Gabriel had proposed to the chancellor and CDU chairman for the Office of the President of the former GDR civil rights as a bipartisan candidate Joachim Gauck - Merkel's brief reply SMS "Thanks for the info and was cordial greetings to the" (short for Angela Merkel) to The media arrives. According to "mirror" the detuning Merkel is so large that they attempt an apology Gabriels answered by SMS sent.
Joachim Gauck, a former head of the Stasi Records Authority goes for SPD and Greens in the race for the Kohler's successor. Born in Rostock was a potential presidential candidate for the CDU and FDP traded several times. But it was different.
El presidente de la compañía lusa Portugal Telecom (PT), Zeinal Bava, considera que la oferta de la española Telefónica al operador portugués por hacerse con el control de la brasileña Vivo "no es una opa sobre la PT, pero sí sobre la mitad de la PT". En una entrevista que publica hoy sábado el semanario luso Expresso, Bava recuerda que la empresa que dirige está "siempre" preparada y avisa de que cuando les subestiman "las cosas van mal". Telefónica ofrece desde el pasado 2 de junio 6.500 millones de euros para hacerse con el 100% de Brasilcel, la empresa con la que PT y Telefónica controlan a medias el 60% de Vivo. La firma portuguesa decidió llevar esta propuesta a su asamblea general del próximo 30 de junio. Durante la entrevista, el presidente de PT se reafirma en sus declaraciones recientes -tilda de "traición" la operación de Telefónica- e insiste en que la empresa lusa quiere mantener Vivo, operador móvil líder en Brasil, porque "va a crear mucho valor en el futuro". "Voy a la Asamblea General del día 30 con la convicción de que todos los inversores a largo plazo nos van a apoyar", manifiesta Bava. Los principales accionistas de PT, después de que Telefónica vendiese esta semana un 8% de su participación, son el grupo financiero portugués Espírito Santo (7,99%), el fondo estadounidense Brandes Investment Partners (7,89%), al banco público Caixa Geral de Depósitos (CGD) (7,30%) y el conglomerado portugués Ongoing (6,74). Por su parte, el primer ministro de Portugal, José Sócrates, afirmó ayer que el Estado luso, que mantiene en PT derechos especiales de veto, ha dado indicaciones a la CGD para votar contra la oferta de Telefónica.
Saturday, 26 June 2010
Like a rule.
Like a rule, I like to make the constant assessment in orientation on the reactions of who’s important. This by all means, understandable and completely normal. Maybe it’s because I “become” so sensible (with fifteen years time-frame), - that the others resolve to “shatter the silence” and ‘run at my direction’ to declare theirs feelings… Seems, that I’m (“surprisingly”) become very well connected? Or just because of the some Lunar Eclipse take his place in opposite side of
козло-вонючиx кацапскиx тварeй? Well, the absolute козло-вонючиe кацапскиe твари, - you should remember and MUST understood, that whether or not one relationship is FUNDAMENTALLY over, what’s happens next (the козло-вонючaя кацапская тварь), - is designed to do the unconditional opposite…
On the track "Dawn" with holiday-bus collided with a truck. 25 June 2010. The bus was traveling from Bryansk in Anapa, collided in the Voronezh region with a truck KAMAZ. As a result of the incident has affected. According to RBC in the regional emergencies department, the accident occurred at 00:25 Moscow time on the 717 th km of the "Don" in Verhnemamonskom area. As a result, affected 10 people - the bus driver and nine passengers. Condition of three of them rated as difficult. Causes of accidents are established. Recall, on Thursday a major accident occurred in the Omsk region. There KAMAZ drove into the oncoming lane, where crashed into a convoy of buses with children, accompanied by a DPS vehicle. The incident resulted in death of a child and two adults who were traveling together with students in summer camp. The verification and investigation of a criminal case over an accident in the Omsk region has assumed the Prosecutor General of Russia. The case of part 5 st.264 Criminal Code - "Violation of traffic rules and operation of vehicles, negligently caused the death of two or more people" - brought against the driver of the truck.
Rosrybolovstva lays catch. Escape from his pursuers, the official threw the car the 10 million bribes. This thriller was played on Thursday evening in Moscow. After receiving a bribe of 10 million rubles., The clerk Rosrybolovstva tried to escape in his Ford on the FSB, but realizing that the escape does not succeed, started on the move shook the package on the roadway money. As a result, the 5000th bills scattered on the Warsaw highway, where the events took place. GAI staff had to quickly block the traffic, but the enterprising motorists had to pick up about 1 million rubles. Yesterday the investigative committee at the Federal Procurator Rosrybolovstva officially warned about the need to "eliminate the causes, contributing to corruption. In Office, promised to reform. The story begins with a banal check the Federal Agency for Fisheries (Rosrybolovstva) of "Lucia +" engaged in the provision of services in the field of sports and recreational fishing. Fishers, this structure is more commonly known as angling club golden carp, which organizes a paid fishing on ponds and lakes near Kaluga, Simferopol and Riga highway. Audited the head of the department of state control, supervision and protection of water biological resources and their habitat Moscow-Oka Territorial Administration Rosrybolovstva Roman Postnikov and his deputy Boris Simonov found that agreement among merchants was concluded with the Federal Mosrybvod "back in 2006. Meanwhile, since the federal law has changed, introducing a new procedure for the provision of services on a fee fishing. However, the leadership LLC Lucia + "paper does not re-executed. As a result, Mr. Postnikov allegedly threatened to cancel the contract with the merchants, referring to the appropriate order from the department on Feb. 16, 2010. In this case, entrepreneurs, he said, also would have to pay for breaking the law a huge compensation that, in fact, could lead to bankruptcy of the company. However, the parties settled on an alternative solution. According to investigators, Mr Postnikov agreed to sign an agreement backdated to the entry into force of amendments to the legislation. For this service official demanded that CEO LTD Lucia + Vladimir Petrushin 10 million rubles. The details of the transaction the parties began to discuss in March. At the same time the businessman turned to law enforcement. June 18 Roman Postnikov and Boris Simonov was invited to his office at the Warsaw highway, 39A Mr Petrushina which showed him the contract with his firm, dated February 2010. Subsequent events unfolded as follows. June 24 M. Postnikov arrived at the club "Golden carp" in the Podolsk district, Moscow region, where the Lord gave Peter's signed contract. Partner businessman Anton Krasilnikov was at this time, together with Boris Simonov near the office clerk. After Vladimir Petrushin Mr. Krasilnikov said by telephone that the documents received, he gave 10 million rubles. Mr. Simonov. When the officer got into his Jeep and Ford moved, they tried to block the machine operatives FSB. But Ford, crashing into the stand at the side of the car, burst into the Warsaw highway. However, realizing that clogged the road to chase him not to leave, Boris Simonov on the move began to shake out of the package of money. Five-thousand labeled bills scattered on the Warsaw highway. Inspector had to quickly block the traffic for about three-kilometer section of road. When the money collected, it became clear that lacks about 1 million rubles. That managed to pick up at passing motorists. Mr. Simon himself, just like his boss, the staff managed to keep the FSB. For them, the investigating committee of the RF Prosecutor instituted criminal proceedings under art. 290 of the Criminal Code (Bribe-taking "). Today consequence is planning to apply to court for their arrest. In Rosrybolovstva Kommersant reported that the signals on Roman Postnikov and Boris Simonov, the last six months there were leadership several times. "We have informed about this law enforcement agencies, in the end and resulted in this thriller - told Kommersant director for public relations agencies Alexander Saveliev. The representatives of LLC "Lucia +" yesterday for comment were not available. In turn, a spokesman for the investigative committee at the Prosecutor's Office Vladimir Markin said that the investigation is going forward to the leadership Rosrybolovstva idea of eliminating the causes contributing to the occurrence of corruption crimes by members of the Ministry. "If the leadership Rosrybolovstva not be taken serious measures to prevent similar cases, the perpetrators of such heinous crimes can get systemic," - said Mr. Markin, recalling that in April this year was a criminal case against the assistant manager Rosrybolovstva Igor Bakulina detainee when receiving a bribe of $ 250 thousand (details about the case of Kommersant told April 24). In Rosrybolovstva promised to continue to cooperate fully with law enforcement authorities in the fight against corruption. "We will burn the evil red-hot iron" - promised the ITAR-Tass Rosrybolovstva Andrei Krainov.
Friday, 25 June 2010
Kозло-вонючиe кацапскиe твари.
Last thing I do козло-вонючaя кацапская тварь… Maybe not start with this? Maybe, just start cry and describe how “somebody” not the козло-вонючaя кацапский подонок design the Prohorov with rooten teeth, reading my blog. But, turned to the North… And I receive the blow in my temple? Or describe in my notes the how much cвинячее ebalo of yours lucky dwarf pay for his Coca Cola? Or pass you, the ‘rusia petroleum’ degenerates, and receive from the ‘Inturist’s-жевачка-of-one-pound-Guardian’ In Afro-‘british-power’ variant? Of what? Of козло-вонючиx кацапскиx тварeй свинячих шкур цвет? This козло-вонючиe кацапскиe козлы, - is the price for next century Vardaniana… For you, diplomatically speaking, - take the yours Vassilenko. And only then, start is real for well known ‘rusia petroleum’. For me enough is nothing less if not HAEБКИ from absolute козло-вонючиe кацапскиe твари. The “our” stirred love and relationships seems to be going NOWHERE. Could than, this evolution move us closer to talk about the marriage?
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.
Thursday, 24 June 2010
Косточки в ряд, звёздочки в ряд, - трамвай переехал отряд октябрят…
Косточки в ряд, звёздочки в ряд, - трамвай переехал отряд октябрят… Because, - I’m “confuse”. Like the “loss” in my position, status, “salary” and the self-respect? Or just think a bit deeper about to be risky involved onto the nuttier-than-a-fruit-cake hope? Perhaps, it’s because I had a “disturbed” view of a “new” situation? And now, at least, - it feels not clear enough to me? Darling, how was that, about the CTT Correios? In the ways of the ‘Barata Feio Todobom’? It’s not the title of today, - it’s my dream. Was the interesting one this night. A little disperse, but, - have the all making my mind details. Call yours attention my “friends”, “colleagues” and “co-workers”, - it’s just a dream, like Tom Cruse singing, - just a dream. That, I’m the landlord of very shick apartment in the noisy centre of Lisbon. In the very posh area. At the ground floor. (Off course, the referring to the monumental position from Brussels and Strasburg of the “benção dada ao bastardo” which is of course, my 120 000 tones per year of Portland 450 cement). All furnished at the high standards, modernly equipped, but, the dining room are furnished in the years fifties style. However, the kitchen is in complete mess. The empty “shell” without flooring, full of rubbish. ‘Orienting’ my self by the furniture, - I have a little Irish story to this dream attached. To which I don’t go to referring here… for the sick of Paraguayan colonels. In stead, I just put what the people says about. ((To dream about an apartment, symbolizes a financial or situational state (the estadistas in this “case”). To dream of a large, lavish apartment, indicates an increase to your financial situation or an improvement to your family life. To dream of a shabby and dark apartment (the Chelsea Barracks “kitchen”), indicates misfortune and possible loss.)) This kind of my version of rising voice and “some one” else’s is of course open to interpretations. But there’s too, - I don’t have another way (who’s guilty?) to be heard. Whatever is my value system. However is the my way to have a “few” bad experiences which notably eroded my natural resilience. In a way that I had nothing, even the VOSTRO left.
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Prince of Wales's emotional Chelsea Barracks letter revealed. Full details of how the Prince of Wales lobbied the Prime Minister of Qatar to withdraw a £3 billion development scheme for the Chelsea Barracks site in central London have been revealed. 7:30AM BST 24 Jun 2010. To date only extracts from the Prince's letter, in which he said his "heart sank" at seeing Lord Rogers' modernist plan, have been read to the High Court. But now Mr Justice Vos has allowed the whole two-page letter, packed with emotional language about the perils of modern architecture, to be made public. In the personally signed letter to Sheikh Hamad bin Jassim bin Jabr Al-Thani, the Prince likened Lord Rogers' Chelsea Barracks proposal – for a series of concrete, glass and steel blocks – to what he called other "Brutalist" developments that amounted to a "gigantic experiment with the very soul of our capital city". By contrast, he lauded Georgian areas such as central Bath and Edinburgh, as "timeless" – one of 14 words he underlined for added emphasis. He wrote: "I only mention this because, quite frankly, my heart sank when I saw the plans that have been produced for the old Chelsea Barracks site." He continued: "I am so sorry to have to write to you on this subject, and thus be so interfering, but it is a site of great [underlined] importance in London and therefore deserves something that is appropriate to its context and worthy of its position next to the Royal Hospital." Three months after the March 2009 letter, Qatari Diar, a development company owned by the Gulf state's royal family, withdrew its application – just days before it was due to go before Westminster City Council's planning officers. The decision sparked an £81 million legal dispute between Qatari Diar and its co-developer, Christian Candy. The letter – the existence of which was leaked – also reignited the debate about whether the Prince should wield his considerable influence to change the planning process. It is his most significant intervention since he described a proposed extension for the National Gallery as "a monstrous carbuncle" 26 years ago, which resulted in the plan being changed. In the 600-word letter the Prince also attached an alternative neo-Georgian scheme by Quinlan Terry, his favourite architect, saying to the sheikh "I wonder if you might be interested to see" them. He repeatedly pressed the sheikh to reconsider in favour of something with " 'old-fashioned' virtues". "I hate to labour this point, but I really do not think I am alone in being deeply concerned about what happens to the old Chelsea Barracks site," he wrote. Nine weeks later Sheikh Hamad responded defending the scheme. He wrote: "We believed that in choosing a leading British architect, a super-high end residential London developer, we have met our aim ... [of] ... balancing excellence with environmentally, socially and commercially sustainable large-scale developments". However, Qatari Diar withdrew the plan soon afterwards, following a face-to-face meeting between the Prince and the Emir of Qatar, who is Sheikh Hamad's cousin. Mr Candy's company, CPC Group, is claiming the Emir influenced that decision, leading to a breach of the contract between the two developers. Qatari Diar claims it withdrew because of indications that the plan would be rejected by Westminster council or the Mayor of London. Mr Justice Vos is due to hand down his verdict on Friday.
In Spain, the train brought down 26 people, 12 killed. MADRID. Thu Jun 24, 2010 3:53am EDT. (Reuters) - Twelve people were killed when a high-speed train slammed into them as they tried to cross a railway line to get to a festival on a beach near Barcelona late on Wednesday. Thirteen others were injured in the accident at about 11:30 p.m. (2130 GMT) as a group of mostly young people headed for the annual Saint John's Day celebration at the town of Castelldefels, the Catalan government said. Emergency services found dismembered bodies scattered at the scene, a short distance from the Castelldefels beach. One youth told SER radio the revelers had just got off a train. "At that moment a train came from the other direction and ran everyone over," said the youth, who gave his name only as Fernando. "The accident has taken 12 lives and there's 13 injured, three in critical condition. I wish them a quick recovery," said Joan Saura, the Catalan regional government's interior minister. Dozens of people had been trying to cross the track at an unauthorized point instead of using an underpass on the line between Barcelona and Alicante, the mayor of Castelldefels said. Earlier reports suggested the underpass had been closed or not well signed, but the mayor said it had been open.
Railway operator Renfe said it would carry out a full investigation. Spain's public works minister Jose Blanco said he would cut short his visit to Luxembourg to go to the scene later on Thursday. He urged an investigation as soon as possible. St. John's Day, June 24, is a public holiday in many parts of Spain and bonfire celebrations traditionally begin the night before. The accident was Spain's worst rail accident since 2003, when 19 people died when two trains collided near the central town of Chinchilla.
The daughter of ‘rusia petroleum’ A Rainha Isabel, dos Santos threat hangs in the entry of Petrobras Galp. 24/06/10 00:05. The manager wrote the Americo Amorim to reinforce the intention of leaving Amorim Energia and go directly to Galp. Otherwise, the threat hangs entry of Brazilians. The differences between Amorim and businesswoman Isabel dos Santos, daughter of Angolan President Jose Eduardo dos Santos, turned sour and the promise and puffing. The focus of contention is, again, Galp. Indirect shareholder of Portuguese oil by Amorim Energia, the manager has already announced formally Amorim who is dissatisfied with the current ratio. The Economic Daily knows that a letter signed by her husband, Sindika Dokolo - which is representative of 'holding' Espéraza in Amorim Energia - the company expressed the same dissatisfaction and intention to leave the capital of this company which currently owns 33.34% Galp. The purpose of Isabel dos Santos is to ensure direct entry in the Portuguese oil. A scenario that opens with the eventual departure of Eni - whose position at Galp is being negotiated with Brazil's Petrobras - but has been hampered by the alliance with Amorim. Long-standing strategic partner of Galp, the Italian energy group Eni is finalizing the sale of 25% of its shares and the price is the last obstacle to overcome lack. The Brazilians would like, however, see the operation achieved before the capital increase of Petrobras - which was yesterday postponed to September - and the general elections in that country, scheduled for October.
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