Wednesday, February 29, 2012

Nobody believes in the miracle of Greece.

The European Union will have to liquidate, massive social programs that the public sector finances at the moment.
European leaders must build a wall to protect the capitalization of the banking system in the case of Greek and Portuguese bankruptcy.
Lisbon will hardly be able to return to bond markets in 2013
Greek Government introduced retrospective clause for collective action on some of their emissions bonds, which in turn and put in a strange position holders of these securities.

Wednesday, March 7, 2012

Changes retroactively reduce the potential for negotiations with bondholders already started replacing held by Greek private sector debt with new bonds with a 53.5% smaller denomination lower coupons and longer term. This is about 75% loss for investors.
G-20 refused additional funding through the International Monetary Fund, while the euro area countries do not provide their own funds.
ECB President Dear Mario was forced to agree with the rating agencies and the status of temporary inability to pay.
European Central Bank decided to suspend the use of Greek bonds to guarantee the financing.
It is not particularly surprising that speculators, owners of Greek government bonds have asked the International Swap and Derivatives Association - ISDA, to conclude on the status of securities prices and Greece to declare bankruptcy.
In recent months, large packages Greek bonds were bought by speculative funds and some private speculators, who have an interest to be paid by insurance securities.
Anyway, most of the private owners of Greek securities are unhappy that the terms of the transaction for exchange of bonds and the removal of the Greek debt losses of investors reached over 70 percent.

Tuesday, February 28, 2012

The last dictator of Europe

All EU countries have agreed to withdraw its ambassadors to Belarus in response to Tuesday's decision by the authorities in
Belarus requested the Ambassador of the European Union and the Polish ambassador in Minsk to leave the country, said Foreign Ministry of Belarus. President Alexander Lukashenko and recalled their ambassadors in Brussels and Warsaw.
The decision is in response to new EU sanctions against Belarus. This time they were imposed against 21 judges and senior police officers, suspected of being involved in arrests and convictions of people opposed to Lukashenko.
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"This is the last dictatorship, the last dictator in Europe and will not allow ourselves to be humiliated by such actions against European institution or against a member," said German Foreign Minister Guido Westerwelle. "The EU and Poland can count on German solidarity. Dictator pretends that can divide us.
I suggest everyone to return their ambassadors from Belarus. Germany at least will do just that, "he added.

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Tuesday, February 28, 2012

Iran celebrates the victory over Israel with Oscar

Iranian state TV described the award of the prestigious American award "Oscar" of the Iranian film "Divorce of Nader and Simi" as a victory over Israel.
The significance of the event was that the main competitor of the Iranian film in the fight for the title of best foreign language film was Israeli film "Note".
At the award ceremony with "Oscar" director Asghar Farhad said that Iran has a rich and ancient culture, which, unfortunately, overshadowed by political controversy for his country.
Dramatic picture of Iranian filmmaker tells the story of complex family relationships affect a sensitive topic in the conservative traditions of society and gender relations in contemporary Iranian family.
The film was a success in Iran, receiving several prestigious national awards and praise from Western critics.

Tuesday, February 28, 2012

Israel and Russia exchanged military codes of Iran and Georgia wrote WikiLeaks

WikiLeaks publishes emails between officials of the U.S. intelligence company Stratfor, according to which Israel and Russia had an agreement to exchange military access codes and control of military equipment to Iran and Georgia.
According to the documents, Israel informed Russia "channel codes" for unmanned aerial vehicles that were sold to Georgia and Russia in turn has given Israel's codes of missile defense systems to Iran Tor-M1 (SA-15 "Gauntlet ") that Russia sold to Iran.
The document suggests that the deal was signed before the Russian-Georgian war in August 2008
It also shows that Georgians at one point realized that their drones are compromised and must find a substitute Israeli drones.
Source is also mentioned, S-300 missile defense system with medium range (SA-10 NATO classification).
Israel and the West have for years tried to persuade Russia to sell them in Tehran.
According to the source, Israel and Turkey cooperated very closely on those systems that Russia sold in Greece - Turkey's long-standing rival. Ankara is also trying to break their codes for a long time.
In addition, the document says that Turkey has shared intelligence with Israel to ensure that they will prevail over Iran, if Iran obtained S-300 from Russia.




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Tuesday, February 28, 2012

Tuesday, February 28, 2012

Greece to be declared bankrupt by ISDA want honest speculators.

On 27 February a group of international speculators, owners of Greek government bonds has asked the International Swap and Derivatives Association - ISDA, to conclude on the status of securities prices.
In recent months, large packages Greek bonds were bought by speculative funds and some private speculators, who have an interest to be paid by insurance securities.
That "honest speculators", as previously Soros now wants the International Association for the exchange of assets and derivatives to declare Greece in default, allowing them to gain an impressive win on impaired securities.

Wednesday, March 7, 2012

Where ISDA concludes that the operation of the Greek debt restructuring, which takes place at the moment is the equivalent of bankruptcy, the owners of insurance on Greek bonds - securities CDS will be entitled to the insurance benefits.
Announcement of Greece in bankruptcy as of February 28 stated by the City.
In such a situation developing in global markets may become unmanageable because nobody knows for sure how much hold Greek bonds.
Private owners of Greek securities are dissatisfied with the fact that under the terms of the transaction for exchange of bonds and the removal of the Greek debt investor losses reaching 70 percent.
Speculators use convenient time when "Standard & Poors' lowered Greece's credit rating to" SD "-selective default and the European Central Bank decided to suspend the use of Greek bonds to guarantee the financing.
Greeks massively withdraw their deposits from local banks, reports the European Central Bank. Deposits in Greek financial institutions decreased by 3% in January this year and they have already fallen to 174.9 billion euros, their lowest level since November 2006
International Association for swaps and derivatives (ISDA) is a trade organization of participants in the market for OTC derivatives. It is headquartered in New York, and has created a standardized contract, (ISDA Framework Agreement) to enter into derivative transactions.
ISDA has more than 820 members in 57 countries, membership consists of derivatives dealers, service providers and end users.
ISDA is an active participant in discussions with European lawmakers on the proposal for a European marketing infrastructure. ISDA supports sustainable and effective market infrastructure that will serve to reduce risk by clearing, increased use of commercial storage and stable bilateral processes for risk management.
On page ISDA read: 'In accordance with the Rules Committee, the meeting will be held at 11am GMT on Thursday, March 1 to determine whether a credit event has occurred. "http://signup.wazzub.info/?lrRef=63bcfd92

Wednesday, March 7, 2012



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Saturday, March 10, 2012


Wednesday, February 29, 2012

Tuesday, February 28, 2012

Tuesday, February 28, 2012

Problems and imbalances in the pension system and demographic catastrophe in Bulgaria.

Although demographic disaster increased the time from which benefits are calculated to leave.
If it was intended to reduce the birth rate among Gypsies mistaken gentlemen.
Not aware of the fact that long-term low birth rate country faces the challenge to care for an increasingly aging population and sustained reductions in the workforce.
Public expenditure on pensions increased and although Bulgaria is the poorest country in the EU, it allocates more for pensions as% of GDP than richer countries.
Pension costs are increasing because the population is aging, which leads to an increase in retirees.
The ratio between average pension and average wage in the Bulgarian economy has increased 1997. This means that the average pension age and grow faster than average insurable earnings in the country for the period, which is the worst problem for the entire system weighs more on the budget.
Revenues in the pension system are directly dependent on the average Social Security income and expenses - the average pension. In other words, there is a constant and accelerated growth of expenses over revenue and leads and will lead to a growing deficit in the pension system.
Trailing growth of average insurable earnings is due to the slight increase in labor productivity, the informal economy and undeclared income and employment, but mostly a demographic catastrophe in which our state and is not planning any long-term measures.
So far any attempt to raise more revenue through higher insurance and insurance limits only increases the shadow economy. It shows the experience from 2011, when pension coverage was increased by 1.8 percentage points, but the positive effects of the income from contributions far below expectations.
The duration of receipt of a pension has increased steadily and significantly over the past 18 years.
The largest relative increases were observed in retirement pensions and old age, receipt of which is increased by 66% or 8.5 on
With an average of 1.4 children per woman again, Bulgaria is a European and global bottom, because the replacement of generations are needed more than two children. The big problem is that minorities do not draw on the cultural model of the majority.
Against the backdrop of medieval, but successful practices of China, Karakachanov ideas here are applicable in a European country "demographic catastrophe rooted in poor health in growing unemployment and flawed social model which encourages Gypsies born, not to study and work. He said it is high time the government to give land to the Bulgarians in Moldova and Bessarabia who want to return home, and after 5 years of work in the village - to give them citizenship.
Estimates of Prof. Petar Ivanov from the Center for Demographic Policy, "Just after four decades Bulgarians only 800,000 against 3.5 million Roma and 1.2 million Turks.
20 years ago that we would draw - 3.4 million against the Bulgarians and Turks, 3.3 Roma.
These pessimistic forecasts. But optimistic predicting a similar picture, but the Bulgarian ethnicity will disappear more slowly.
Children who are born now will grow up in a country where at best they will be 48% of the total population.
Perhaps an exotic idea of ​​the Dean of the Faculty of Geography Professor Peter Slaveykov: "Mothers with higher educational qualifications must receive care from different financial state." This is part of 'differentiated' measures to stimulate fertility. "It is suggested that mothers with higher educational levels will have higher requirements for the offspring. So there will be better generations and they should receive a very different financial aid, "argues Professor Slaveikov. Giving cap to stimulate a child born completely different processes, of course, some minorities, but the focus should be on quality rather than quantity.
VMRO long push to stop business to bear children because of social benefits. This phenomenon is most common in Gypsies. They deliberately do not marry. To the state, these women are single mothers lead.
VMRO offer to return to family taxation and to take away benefits from those people who do not educate their children.
What was wrong with his bachelor tax, and now has in vitro and can adopt children, or so claim.
What is being done in recent years? Answer is no one term: social unemployment benefits, money for strengthening employment, programs schooling for breakfast, vocational training and retraining and supposedly innovative programs on the exchange. And pour more money for social inclusion of Roma in the labor market without visible results.
Restore labor service and labor forces in some European mantle.

Tuesday, February 28, 2012

Tuesday, February 28, 2012

French fishing vessel trawling "Costa Allegra" Deron to the island, 240 km southwest of the capital Mahe.

French fishing vessel withdrawn Italian cruise ship "Costa Allegra" that yesterday in distress near the Seychelles after a fire on board to Deron island, 240 km southwest of the capital Mahe.
Carry out the evacuation of the passengers ashore.
The incident happened about 200 nautical miles from the archipelago in the Indian Ocean.
Fires of "Costa Allegra" was crushed, but the vessel's engines do not work. The fire broke out in the auxiliary engine room electrical generators, but is localized.
Over 1000 people were on board, they are unharmed, 636 passengers and crew is composed of 413 people.

Tuesday, February 28, 2012

Greece's rating fell to selective default, the Greeks withdraw their deposits widely.

"Standard & Poors' lowered Greece's credit rating to" SD "-selective default.
Decreases in Greece's credit rating from international rating agency "Standard & Poor's" selective default there will be consequences for the Greek banking system, state Ministry of Finance of Greece, because it was previously stated and the consequences have already been consumed.
The decision came hours after the Bundestag voted in favor of the second bailout for Greece.
Greeks massively withdraw their deposits from local banks, reports the European Central Bank. Deposits in Greek financial institutions decreased by 3% in January this year and they have already fallen to 174.9 billion euros, their lowest level since November 2006
Jean-Claude Juncker does not mean that Greece needs a new financial assistance and emphasizes the need to find ways to tackle the removal of large capital abroad.
In his rich Greeks who export their money abroad and evade taxes, must be found and punished. "I do not believe anyone can bring order in Greece within a decade," said chairman of the Eurogroup, noting that what interested euro is not only cuts costs but also the structural reforms that will open up prospects for developments.
Even Greece to meet all its debt will shrink to 120% of GDP in 2020 - a level which can hardly be called sustainable.
Perhaps rejected a proposal to cancel the election and appointment of the caretaker government of Lucas Papadimos for an extended period of time was the rescue zone, which is not caught.
Greece has no reputation as a country that respects its commitments.
Falling support for the leading parties of serious danger to the plans to implement future government.

Tuesday, February 28, 2012

Tuesday, February 28, 2012

Tuesday, February 28, 2012

Monday, February 27, 2012

Again distress cruise ship - "Costa Allegra" Company "Costa".

Italian cruise ship company of the infamous "Costa" disasters off the Seychelles after the fire.
Cruise ship is the same company, which is unfortunate, "Costa Concordia" which stuck near the Italian island of Jilin on 13 January and killed at least 40 people.
The incident occurred about 200 nautical miles from the archipelago in the Indian Ocean.
Fires of "Costa Allegra" is extinguished, but apparently the engines of the vessel does not work. The fire broke out in the auxiliary engine room electrical generators, but is localized.
The Coast Guard contacted the local authorities of Seychelles.
As tourism travel tug-liner and naval vessels and aircraft.
Over 1000 people were on board, they are unharmed, passengers are 636, but the crew is composed of 413 people.

Tuesday, February 28, 2012

Tuesday, February 28, 2012

Awards of the American Academy Film "Oscar."

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For the ninth time was a leading comedic actor Billy Crystal.
"Artist" and "The Invention of Hugo" Scorsese with the most awards.
"Artist" is the best film award "Oscar" 2012.
Meryl Streep won his third award after 17 nominations for "Oscar" for his performance in the role of Margaret Thatcher the "Iron Lady".
Best actor in a leading actor is Jean Dyuzharden for "artist".
The award for best director Michel Platini took Azanavisiyus for "artist".
Octavia Spencer won for best supporting actress for "Yuzhnyachki."
Christopher Plummer won the award for Best Supporting Actor for his performance in the movie "Rookie".
"The Invention of Hugo" took awards for cinematography for the work of Robert Richardson and creative director.
"The Invention of Hugo" won an award for best sound editing. Award for "The Invention of Hugo" for best visual effects.
The Iranian film "Separation" won for best foreign language film.

Thursday, March 8, 2012



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Tuesday, February 28, 2012

Tuesday, February 28, 2012

Sunday, February 26, 2012

Lindsey Vonn won Super-G in Bansko.


Wednesday, March 7, 2012


Lindsey Vonn won Super-G in Bansko.

Lindsey Vonn won Super-G in Bansko and maybe another small globe.

Lindsey Vonn made a mistake at the top of the track "Marc Ghirardelli". With a good ride to finish it failed to achieve the best time. After Vaughn ran Tina Vayrayter of Liechtenstein (0.05 sec) and Daniela Merigeti Heigl (0.07 sec).
A. Lindsey Vonn (USA) 1:15,66 minutes
2. Tina Vayrater (Liechtenstein) 1:15,71
3. Merigeti Daniela (Italy) 1:15,73
4. Tina Maze (Slovenia) 1:15,99
5. Martina Schild (Switzerland) 1:16,04
6. Maria Riesch (Germany) 1:16,26
7. Lara Gut (Switzerland) 1:16,29
8. Julia Mancuso (USA) 1:16,31
9. Nicole Hosp (Austria) 1:16,55
10. Anna Feninger (Austria) 1:16,59
Vaughn leads the ranking in Super-G with 413 points. After it is Austrian Anna Feninger with 319 and another representative of the U.S. - Julia Mancuso with 301.
Overall standings in the Super-G:
A. Lindsey Vonn (USA) 413 points
2. Anna Feninger (Austria) 319
3. Julia Mancuso (USA) 301
Overall standings for the World Cup:
A. Lindsey Vonn (USA) 1602 points
2. Tina Maze (Slovenia) 1074
3. Maria Riesch (Germany) 1046
4. Elizabeth Gyorgal (Austria) 822
5. Julia Mancuso (USA) 794
6. Anna Feninger (Austria) 764

Thursday, March 8, 2012

Tuesday, February 28, 2012

Tuesday, February 28, 2012

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