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Why is a mess

Sanremo, Riviera dei Fiori, 30 December 2010. Ceaseless weaving spiders, there are the chemicals that create a canvas of clouds artificial sunlight, which had just peeped in the first part of the morning comes, step by step, filtered so that, within hours, the sky is transformed in the usual livid shroud .

What's more, in the early afternoon some engineers are starting to install antennas on the flat roof of the building located in Via Dante Alighieri 115, Baragalla position within the district. Antennas are presumably intended for mobile telephony in addition to earlier systems, increasingly assembled on the pavement of the building, whose housing belong mostly all'esimia Mrs. MD, recipient of substantial revenue from the installation of the antennas. Congratulations! The cursed greed of gold, of Virgil's memory, has struck again. The administration matuziana, heedless of the protests and complaints from citizens concerned about the fields electromagnetic cause of many diseases, including various forms of cancer, continues to allow aerial fatal bite everywhere.

now Sanremo is this: a city devastated and plundered by hordes of rapacious and incompetent administrators. Among heaps of garbage, traffic congestion, traffic surreal, poor roads, land speculation, and climate scarred skies of London, the image of San Remo in the world is so pathetic given to Casino, with its ridiculous turrets, a few flower celluloid and the childish "Festival of Italian Song."

E 'a false and saccharine behind which they hide problems e brutture di ogni tipo.

Benvenuti nella Riviera dei tumori!

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MERCATOLIBERO The uncle and wish all our readers, clients and their families our heartfelt Merry Christmas and a 2011 full of satisfactions.

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I TITOLI IN VALUTA

With the fall in the euro currency diversification is important, tell children not required to wallets.
is clear that this type of investment carries the risk of transmission, so in order to limit the risk, you should include in a portfolio of ten bonds in addition to the titles in Euro currency.
To answer your many requests we are preparing a bond portfolio with securities in various currencies, of course there will also be in Euro bonds, it is possible the inclusion of some means short.
As for currencies of emerging countries to favor ones because they represent the economic future, then there are the haven currencies like the Swiss Franc, in this case, the investment makes sense if you fear a continuation of the current financial chaos.
Now we see two titles in foreign currency, the first concerns the New Zealand dollar, the second Swiss Franc. As an example of the first coin
take a supranational issuer is the 'International Bank for Reconstruction and Development, the obligation in question will expire on 30/7/2014, the annual rate è del 7,50%, comprandola a 109,45 offre un rendimento effettivo netto a scadenza del 3,75%.
L’obbligazione in Franchi Svizzeri è rappresentata dalla General Eletric, scadenza 16/10/15, tasso annuo 3%, comprandola a 105,75 il rendimento effettivo netto è dell’1,43%.
Bisogna ricordare che i titoli in valuta sono soggette al rischio tassi delle rispettive valute, nel caso dei paesi emergenti con le economie in piena crescita questo rischio è reale, ciò vale anche per il Dollaro Neozelandese.
Questo post è didattico e non costituisce sollecitazione del pubblico risparmio.

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Il rialzo dei tassi è già cominciato alla grande!


Quello che temevamo da mesi sta succedendo, in altre parole è in corso da settimane un brutto rialzo dei tassi, approfondiamo la faccenda.
Dalla scorsa primavera è iniziato un rialzo graduale dei tassi legati all’Euribor cioè quelli a breve scadenza, a tal proposito segnaliamo che giorno 1/4/10 l’Euribor a 3 mesi era 0,635, oggi è 1,025, un aumento di 0,39.
Adesso occupiamoci dei tassi a lunga scadenza, quelli che influiscono decisamente sul prezzo dei bond.
Questi tassi misurati dall’Eurirs, hanno avuto un andamento non proprio uguale all’Euribor, infatti, sono scesi fino ad agosto, adesso si stanno velocemente alzando, creando problemi a chi ha recentemente comprato bond a media e lunga scadenza a tasso fisso o indirettamente li was purchased by asset management (including pension funds). We report that the
Eurirs than 30 years on 31 / 8 2.57 worth (that was serving, wrongly, a Japanese scenario), we are now at 3.50, an increase dell'0, 93, almost one point. In this regard
look at the graph, you can see what had been lost from the Bund maturing in September 2040. Think day 1 / 9 quoted around 143, we are now at 125, a nice -18%, just as the duration of this bond, a rise of a point interest rate lowers the price by about 18%, the same course of risk premium.
To guard against this situation must be purchased and securities linked to Euribor, both swap rates, but for the latter is better to avoid long maturities, the bond portfolio prepared by us there are 2 bonds indexed to the Euribor and many linked to swap rates.

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La crisi dell’Euro

The divergence of economic growth in the euro zone is becoming dangerous.
If Germany runs, Portugal, is entering recession, while Greece has long been the heavily, the other PIIGS float.
This is due to the fact that PIIGS have weak economies, economic recovery compensation in Germany imposed by the situation worse by lowering the GDP, so the debt-GDP and deficit / GDP are incurred, in other words you enter in a vicious circle from which it is difficult to escape, we wonder how this situation will last? The citizens of these nations will be able to bear the sacrifices, the economic crisis, widespread unemployment and the chaos that will be put in the Euro fibrillation?
Germany and PIIGS would need different monetary policies, the first was the need to raise rates, the other rather than lower them, also they would need to devalue the currency, which is not possible with the single currency; the main reason for this crisis is the Euro. While in the short
the currency could rebound in the long run could have serious problems, so we are preparing a portfolio obbligazionario, dove vi siano anche bond in valuta con un abbonamento a prezzi accessibili.

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New Folk Song - Our Sunrise (1978) Prog Italy

good record, to have and listen beyond the political references. The group formed in Rome in 1976 by Fabio Torriero and Francesco Tallarico, then the Young Front activists Monarchist. In July of that year was released an EP, which is funded by the then Secretary of the Italian monarchy, Sergio Boschiero. Leaves it the first album alternative music. Fabio Torriero comes later in the group of "Janus". In 1978 he released an album "Our Dawn" in which Mario also collaborates Ladich, drummer and leader Precisely the "Janus".

Line up: Fabio Torriero

- Vocals, Guitar

Francesco Tallarico - Vocals, Guitar, Bass

Giuseppe D'Amico - Guitar

Tracks list:

01) Cocktail dreams

02 ) Party

03) Hungary

04) On the cliffs of marm0

05) Marx Rock

06) Our Alba

07) Rome

08) Small Men

09) Who fight

10 ) Divinity clay

11) Death to the bourgeoisie

12) Europe bitter

13) Assault and victory

Discography:

Lp - Our Sunrise (1978)

Ep - Sing and Fight (1976)

Ep - Eagle 2 (1976)

External link: http://archiviononconforme.blogspot.com/