Author Archive

07.15
10

Oil prices victim of the rising dollar

by Kerby Anderson ·

dollarThe oil price has seen a decline Monday in New York, the dollar strengthened as it does not favor.
Investors are cautious before the publication of several economic indicators and corporate earnings in the coming days, across the Atlantic.

On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for August delivery ended the day and 74.95 dollars, a fall of 1.14 dollars from Friday.
Note however that during the three previous sessions, crude prices had still increased by $ 4.11, representing an increase of nearly 6%.
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06.8
10

Action or inaction, and what action? …

by Kerby Anderson ·

inaction

That’s the dilemma and that is the issue with this systemic crisis we are facing, such crisis that Arnold Toynbee called spiritual, also known and considered “securities” and that, too often, is reduced to its face more acute and limited to a this economic crisis … Crisis (systemic), which we will come out, because it will end one day … and not because we are going to get out of it. Through a crisis, they face, and comes out or not, it.

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06.1
10

The euro is our currency but your problem is

by Kerby Anderson ·

euros

Nothing more to be named Treasury Secretary in 1971, John Connally (the same that came with John Fitzgerald Kennedy in the car when he was killed in Dallas) was visited by a group of European leaders concerned about the fluctuations of the dollar exchange rate. Connally snapped them, bluntly: “The dollar is our currency but your problem is.” Almost thirty years later, the same phrase could be used to define the new state of the euro, which since the early years has lost more than 13% of its value.
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06.1
10

Tax havens: 20 billion euros

by Kerby Anderson ·

1320.00 &. A CREDIT CARD. PHOTOCOPY OF PASSPORT, AND THREE DAYS OF WITHDRAWAL.

NOW WE HAVE CREATED A COMPANY IN OFFSHORE FINANCIAL CENTRE, OR THAT IN CASTILIAN a tax haven. TAX EVASION, MONEY LAUNDERING AND FOREIGN EXCHANGE, extortion GOVERNMENTS, ETC., THESE ARE THE MOST COMMON ACTIVITIES IN THESE COUNTRIES.

Yes, some 20 billion euros is estimated that “move” in the 60 tax havens that exist around the world. This figure represents spending on the Spanish General State Budget for 2010, multiplied by 50 times.

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05.19
10

The rich getting richer

by Kerby Anderson ·

While more and more Spanish swell the unemployment lists, Alfredo Saenz, CEO of Banco Santander, won 10.23 million a year. In addition, its pension plan, which will take any day, is 85.7 million, ie a thousand times higher than the average of other mortals.

It’s just a contradiction of which occur in these times of crisis. In Britain, for example, the rich have increased their assets during 2009 by 30 percent, starting with the steel king, Lakshi Mittal, who hoards 28 000 million.
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05.8
10

Cuba are those who support the revolution.

by Kerby Anderson ·

cubaIt’s inexcusable that private companies can not freely access the natural resources of any country s u own benefit. As this happens in Cuba, the world’s media ownership of big business have sparked an ongoing media campaign against him.

Almost every day we read, see and hear in the mass media news on Cuba where the Cuban government is presented as dictatorial and authoritarian. But this campaign has shown weakness in its continuity. It is impossible to attack almost every day the government of the Caribbean island without making mistakes.
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05.7
10

Modern slavery

by Kerby Anderson ·

It is a book and a 52-minute documentary produced entirely independently, the book (and the DVD that contains) is distributed free in some alternative sites in France and Latin America. The text was created in Jamaica in October 2007 and the documentary was completed in Colombia in May 2009. There is a version of it in French, English and Spanish. The film was made from fragments embezzled films and documentaries.

The main objective of this film is to update the status of the modern slave under the totalitarian system and publicize commercial forms of mystification which mask their servile status. It was conceived under the sole intention of attacking from the front the dominant organization in the world.
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05.2
10

Greek tragedy, but also Spanish, Portuguese and European

by Kerby Anderson ·

europeThe crisis in the eurozone economies, far from decreasing, has deteriorated dangerously to the point that the possibility to playing some analysts, the end of the story for the euro, is a more specific way every time. A possible fall of the euro that will bring to light is an undeniable truth: the euro zone has never managed to be a homogeneous and can hardly be in the future.

Greece and Spain, bathed in red slates in European markets on Wednesday. The decision on Wednesday by the risk rating that S & P downgraded by one notch the long-term credit rating from AA + to AA, the Spanish public debt did nothing but aggravate the problems for the euro. Why do you always rating agencies have to wait for the ordinary citizen to realize that the ratings of companies, assets and / or countries are too lenient to begin to correct them? What is a risk rating that can not anticipate vulnerabilities until they are clear?
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04.26
10

The press and political power

by Kerby Anderson ·

The press and political power have something in common. In a democracy, both depend on people they are elected.

Neither can be imposed on other voters. The policy may buy some, you can rent them, you can induce them with false promises. But not always, not all the time.

The press can seduce with sensationalism, catch with the illness and get the unconditional support of extremist conspiracy theories and patriotic campaigns. But not all the time, not ever.
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04.8
10

ADX – Average Directional Index

by Kerby Anderson ·

The ADX is a technical indicator type oscillator that fluctuates between 0 and 100 whose value is based on the true motion range (TR, true range). The ADX was developed by Welles Wilder in order to obtain information about the strength of the current trend in the market and so if you are confronted with a trend or range. Additionally, the ADX also informs us about the prevailing trend of the market through movement indicators positive / negative (+ DI and-DI).

The ADX is the abbreviation of the name of this indicator in English: Average Directional Index, which is translated something like the average directional index. In applying this indicator to a chart we can see three lines: line + DI (short for positive Directional Indicator), the line-DI (Negative Directional Indicator) and the ADX line.
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