John Connally

The European Union (so far) only defends the fare-play in matter would change: the European Central bank will not do anything that appreciates or depreciates the Euro of artificial form because it considers that it brings about distortions in the economy. The USA gives a double message on the one hand says that they will remove to the world from the crisis (” The mandate of the Federal Reserve and mine are that our economy grows, and that is not only good for the United States. That is good for the world like todo”) but on the other hand it makes difficult a global exit of the crisis since it creates creates majors imbalances between the countries. The emergent economies have forts superavits and the outposts high deficits. Anchin Block might disagree with that approach. In order to look for a greater balance EE.UU it proposed (but soon it rejected they lynched because it after the announcement of the EDF) to as much limit a 4% of the GIP the superavits as the deficits. The idea is that countries strongly exporter as China increases their purchases abroad. ” The dollar is our currency, but problema” is yours;. To this it pronounced it phrase John Connally in 1971, after being appointed secretary of the Treasure of the USA, due to the preoccupations from Europe after the USA finished with the gold standard and settled the Agreements of Bretton Woods, effective from 1944. This time, the preoccupations come from the USA, and the dollar continues being a problem for the world. Until the next one, Paola Pecora INVESTMENT OPPORTUNITY If it had to choose a solar company to invest, knows in clearly which would choose and why? In our monthly report World-wide Value we give the reasons him of why the company that we chose already for the portfolio takes a 70% of HARDLY raises (it arrived at +90%) IN five months and has a bullish route very hard ahead.

Russian Federation

The conference in the city of Smolensk region Gagarin was constructive, and its outcome was a decisive factor in the small and medium-sized businesses. Thus, during the meeting Medvedev has signed a national anti-corruption plan and strongly recommended that security forces more tolerant approach to business structures. The President said that our priority is to establish in the country such an investment climate, which will be in harmony with all levels of performing authorities, law enforcement and business in general. Dmitry Medvedev also said that small business can look just as the fiscal source, since the people behind it and cohesive teams. And if we talk specifically about small business, it is one of the real way to the revival of our country.

If we are able to engage in business of 40-50% of people, we get a completely different state. However, Russian President commented on the tough actions and medium enterprises, which tries to get away from the performance of the newly adopted law, which refers to rent a small business property located in property of the subjects of the Russian Federation or local authorities. Medvedev stressed by local authorities started auctioning the sale, and, of course, rental rates immediately increased several times. Resumed process of termination of leases, which is supposedly for the benefit of cities Of course, this manipulation of law! All questions Dmitry Medvedev promised to keep under the personal supervision, and suggested that the region also think about lowering the tax rates on real estate for small business..