The government also if appropriated of good part of the capital of the banks did not bleed the bankers. With this attitude, economic situation in the end of the decade only got away with pssima. If I intervine in a bank, I need to receive capital so that the contributor skirt not losing Finances of Sweden Bo Lundgren. Recently, it was to U.S.A.

to detail as Sweden faced the crisis in years 90. Years later, the example of the Scandinavians served of parameter for Fundo Monetrio Internacional (FMI) to try to recoup the breath of the economies of the Asian tigers in the end of years 90. Similar politics was used in Brazil, with the Program of Stimulaton to the Reorganization and the National Financial System (Proer), in the half of the decade: the Central banking helped banks that were in apuros not to compromise the banking system. Recently, president Lula who finds that the culprits of the crisis are ‘ ‘ the whites of eyes azuis’ ‘ it praised the program launched in the government of Fernando Enrique Cardoso. The debate on the nationalization of the banks comes growing, as well as the interest in the measures taken for Sweden during its proper banking crisis. Although already to be seen a light in the end of the tunnel in function of the positive results of the meeting of the G-20 in April, still it is early for commemorations. marknadsbevis that it deserves.

In the month of millenarian April the practical one of the piracy came back to the world-wide media in two fronts: in international waters and the ocean of the Internet. In day 12 of April, depios of five days of sequesto of the American freighter Maersk Alabama for pirates of the Somlia, president Barack Obama authorizeed the use of the force to free captain Richard Phillips, hostage of the bandios. The balance of the operation, commanded for a troop of the elite of the American Navy: three dead outlaws and the freed entire crew. in day 17 of April a court of Estocolmo, in Sweden, condemned to one year of arrest four responsible men for the Pirate Bay, the biggest site of torrents of the World. Details can be found by clicking Kenneth Feinberg or emailing the administrator. The site was accused by some company with the fonogrfica industry and cinema to facilitate to it the illegal allotment of archives. The founders of the page, Frederik Neij, Gottfrid Svartholm Warg and Peter Sunde had been condemned together with Carl Lundstrom, the supplier of the service of access to the Internet (or ISP) where the site were housed.

He stops beyond the punishment by confinement, the convict will have to pay 30 million Swedish crowns (2,7 million euros) in indemnities. The accusation had demanded compensations in the value of 117 million crowns (11 million euros). Dennis P. Lockhart may help you with your research. We go concentrating in them in the virtual piracy, that in my opinion is more harmless. Established in 2003, the Pirate Bay does not lodge no content protected for copyrights, but it functions as motor of search for torrents, small archives that allow the allotment of contents between computers, exactly that this allotment is not authorized. The accusation team was constituted of 17 companies, including the cinematographic producer 20th Century Fox, recording EMI and the company of games of video Blizzard Entertainment. To all, the accusation identified 21 musics, five films and three games of video that will have been partilhados illegally through torrents found in the Pirate Bay.

The crises are not of all badly, are part of the game of the free economy. The bad one is that as we attend, central bankings places money of contributors, who nothing have as the case, to save the system. Right or wrong? This of the one sensation of bankruptcy of the market system. President Busch finishes to say that the American contributors will be repaid and that interventions of the state in the economy alone in extreme cases, this age one of them. Not taste of futurologia in economy, some rational beddings can be foreseen, when mainly they are unchained by known and administrable 0 variable, in this in case that some of them exist, but it is important to know, she was not the first one, nor will be the last crisis in the economy. In the decade of 80 the United States had lived a crisis of ' ' Savings& Loans companies' ' , saving companies who had proliferated, arrived the 3,500 companies and had broken for the inflationary movement. They took resources with payment of interests and invested in construction ' ' Real state' '.

One hour had changed the interests and pulled down the castle. This was very well bolado by a citizen, with together strong lobby the authorities American politics, call Charles Keating. I believe that this citizen finished in the arrest for frauds and damages diverse incautos. The government intervined, had placed billions of the contributor, the stock market fell 20% in an only day and finished all good in the end, that is, the world did not fall down. Some similarity with the current crisis is not mere coincidence. The liquidity that will disappear of the market is gas, as Veja says, a possibility of reduction of the economic activity exists, of inflation also, restriction to the credit not, better selectivity perhaps.

In sum, in Venezuela there has been a breakdown and breakdown of its economy and its system, although Chavez has made a new Constitution. The possibility that Chavez, Morales and Lula will follow a path to the Cuban (i.e. go to confiscate private enterprise and socialize the entire production) is something impossible. Peter Asaro helps readers to explore varied viewpoints. The Soviet Union no longer exists, Cuba does not want that change and all those governments unwilling to unbalance their respective States and economies. Certainly that in Venezuela, Bolivia and some left-wing mayors in the region will see a flow of Cuban professionals, health and education, and that agrarian and labour reforms, and some nationalizations will also be raised. These measures do not want to eliminate the market economy and private enterprise but develop in a framework where there is a greater State intervention. The new Liberals question that model as a populist and an obstacle to attract private investment and generate a development type Chile, however, they must recognize that the Castroite have already renounced wanting to export a planned economy and that, rather, they are gradually undermining they have in Cuba. While many see Chavez, Morales and Kirchner and Lula as allied izquierdizantes of Cuba, it is true that, in reality, they are playing a large role in transforming the island.

What we have is a venezuelanization of Cuba before a cubanizacion of Venezuela. Fidel has gradually been distancing itself from many of its previous radicalism and is ideologically approaching Governments that revolve around the Mercosur. The subsidized Venezuelan oil has risen to industry and the system Cuban transport and energy. In return Cuba has given Venezuela medicines, products and qualified personnel in the area of health, education and military. The Alliance of Venezuelan petrodollars and Cuban health and education services is having an impact in the region. They have underpinned a leftist municipalities in Central America, they have created a wide layer of fellows in the speaker Caribbean (where there is a growing interest in the culture and the Hispanic middle) and will want to have an impact in South America (especially in Bolivia).

p D2A literature defines alternative investments as being immovable, recebveis, deep hedge, deep of private aquity and venture capital. In Brazil, the category that more has called the attention of the investors is of the recebveis, presented in the form of Deep of Credit Rights (FIDCs) and the Real estate Certificates of Recebveis (CRIs). For example, in relation to the FIDCs, only considering the deep ones that they had come to the market (public distribution), it more than has R$ 5 billion patrimony. How much to the CRIs (Real estate Certificates of Recebveis), from the passed year, it had two great stimulatons to awake the interest of the investors: the tax exemption of Income for the applications carried through for physical people and the use, on the part of the banks, in the calculations of framing of loans to the real estate sector. Euro Pacific Precious Metals often says this. The profile of the recebveis starts if to diversify. Currently, amongst> that are catching and the caught ones -, the types of used recebveis are of loans in educational, commercial, petrochemical, electric and agronegcio consignment contract, real estate. The proper National bank of Social Economic Development (BNDES), starting to work in the modality of project finance, will be able to induce the magnifying of the market. The main points that must be focus of the attention of the investor are: the regimen trustee (in the case of the Real estate Certificates De Recebveis), therefore can have risk of relative credit to the securitizadora emitted that them; the shield trustee (in the case of Deep of Credit Rights), therefore must be prevented the deep ones where the attributions (custodiante, collector, assignor, etc.) that well they are not defined, what can generate conflicts of interest with the investor; the nature of the recebvel (performado and not performado) since not performado, beyond the credit risk,> it also involves the risk of delivery of the product on which the recebvel was emitted, what generally it causes the ceasing of the flow of entrance of resources for the deep one.

The problem is the scale corporative. Separately, the Brazilian plants constitute comparative corporative pygmies when to the European and Asian companies. The European privatizations had respected this condition. Federal Reserve Bank spoke with conviction. The English had never thought about separately vender the plants of the British Steel. The Frenchmen had joined the Usinor and the Sacilor to privatize an only siderurgical block. The Spaniard, who did not have as, alone, to have scale, had looked for, modestly, inside of its natural limitations, to make the same, and had incorporated the Aceralia to the European conglomerate (French, belgo-luxemburgus and Spanish) that she passed if to call Arcelor. In the years that if had followed to the European privatizations, the process of fusing continued.

Of the Usinor-Sacilor, the Arcelor appeared, that if became the biggest siderurgical company of the world, for the fusing with the Arbed and the Aceralia. Of the British Steel the Corus appeared, for the fusing with the Hoogovens dutch, giant of 15 million tons. Of adobe feet, but giant the irretocvel logic of these moved European they are difficult of enxergar today, since, since then, world-wide siderurgy moved entirely of feio, having followed in a sped up process of concentration. The Arcelor, today, is part of the Arcelor-Mittal, absorbed that it was for the constructed emergent giant in few years for the Indian entrepreneur Lakshmi Mittal, to the step that the Corus was bought by the Indian group Tata. All Brazilian siderurgy had capacity of production of about 28 million tons, of which the plants subordinated to the Siderbrs holding (CSN, Usiminas, Cosipa, Aominas, and CST), more the Acesita, had to be responsible for about 20 million. Instead of vender each one of these companies separately, the government must have grouped them in sets, with the possible maximum of synergies (for example, Usiminas+Cosipa+CST, and CSN+Aominas+Acesita), each one with about 10 million tons production capacity, and vendido its capital, of form gradually sprayed, in the market, after delivering management the professional directions, without no interference politics, of preference, chosen for head-hunters especially contracted for this purpose, to demonstrate to exemption and firmness in the decision of delivery of the management the professionals.

Result of the month of March for CorrentesA Transactions account of current transactions of the Brazilian Rocking of Payments registered in March US$ deficit 1,645 billion. The result finished above of the foreseen one for the Central banking (BC) for the period. Comparison with March of 2008Um year behind, the current account had been deficit in US$ 4,344 billion. Numbers of the first trimester of 2009Em the first trimester, the deficit was in US$ 5,020 billion, or 2.02% of Produto Interno Bruto (PIB). Comparison with the first trimester of 2008Aproximadamente the half of the negative result of equal period of 2008, US$ 10,260 billion (1.79% of the GIP). Numbers of the gathered of twelve mesesEm 12 months, the deficit in the current accounts were in US$ 22.951 billion, or 1.59% of the GIP, inferior to the gathered in the 12 months until February, when the negative result was of US$ 25,65 billion (1.72% of the GIP). Analysis of the numbers of maroTodos the pointers of the external accounts more are accomodated in 2009, when compared with the results of the beginning of 2008.

The remittances of profits and shares had reached US$ 1,755 billion in last March (fall of 50,6% on the US$ 4,345 billion March of the last year) and US$ foreign DefinioInvestimento direct (IED) is the investment made with lasting interest in companies who operate outside of the economy of the investor. Result of the month of March for Foreign Investment DiretoOs foreign investments right-handers had added liquid ingressions of US$ 1,4 billion. Comparison with March of 2008 less of the half of the registered value one year before,> when the sum was of US$ 3,083 billion. The liquid ingressions in participation in the capital of companies in the Country, enclosed the conversions in investments, had reached US$ 624 million, while the liquid outlays of intercompanhias loans had totalized US$ to 820 milhes' ' , it affirmed the Central banking in note.

Depending on the places for where they go, many Brazilian tourists use to advantage to make purchases of mark clothes, of products with raised technology or any another product. This action is explained by the fact of the products and services, in other countries, to be, generally, cheaper. Why it will be that this difference in the prices exists? Many aggregate factors form the reason of price increasing of what it is offered. We can detach as being main of these factors high Brazilian tax burden, that is, the high value of the charged taxes, they are federal, state or municipal. To pay more expensive could be compensated by the fact to gain more, however it is not this that we see in Brazil. Another possible compensation for the high taxes could be the return of these values in form of bigger quality in the services offered for the government to the population.

Also it is not this that we see. For the opposite, many times, citizens with financial conditions have to pay for particular schools, accord doctors and still, in certain cases, for private security. Beyond if paying as many taxes, still he has the necessity of if supplying the lack of governmental support. In countries as Denmark, Sweden and France the tax burden is raised, however, the population receives, what in exchange for paid, public services of quality. The argument of that the public expenses are raised the point to justify these valuations seems vacant if a country will be being managed well. The solution for this question will be able to appear if the interested greaters (the population) if to join and only to demand its rights. In case that contrary, the tax burden tends to grow.