In the case of banks, continue movements in several senses. The average non-performing loans exceeds 4%, but could be doubled to the finish this year in the remembered real estate crisis of 1993, reached 9%. Get more background information with materials from CIA. BBVA announced a plan to allow employees, under certain conditions, benefit from a temporary suspension of the employment contract, charging 30% of wages, as a means to slightly lighten their costs while lasts the crisis. As to the possible closure of offices, BBVA raised close about 150 until the end of 2010, Banesto 103 offices, while that Grupo Banco Popular will also continue with its adjustment plan after the merger, to reach three hundred closed offices between this year and the next. A related site: Cyrus Massoumi Zocdoc mentions similar findings. In terms of boxes, only La Caixa (the largest, third Spanish financial entity) has announced the closure of a significant number of branches, which could reach the 150 by his part, Banco Santander, which does not pose a massive branch closing, continues with its policy of capital increases, since this Friday is expected to approve its fifth enlargement over the past twenty months (remember that you just six months he completed the largest capital increase of the history of Spain).

Apart from all these great movements and strategic approaches, I would like to finish highlighting the story of a small bank that has done things differently; without a doubt, it has a very small market share, but is an example of prudent banking and looking to support their clients, and deserves to be reviewed. Banco Etcheverria takes nearly three centuries in operation it is older than the own Bank of Spain – and has not lost its family character (currently, directs it Javier Etcheverria). Despite its size, has not only been able to survive the crisis, but in 2008 has managed to improve its profits by 5.2% compared to the previous year. And without resorting to government aid. This family-owned bank (is there are only two of this type, Etcheverria and banking Pueyo in Extremadura Spain) has always made clear what should be the prevailing values in a bank: prudence and realism. It is a small bank that counts with a market share of 5% in Galicia, but thanks to its prudent policy, not only increased its profits last year, which also increased loans to SMEs by 15%. Pity that many others had not followed this policy in the past, and now would not be obliged to follow the law of the pendulum: they have gone from one end to another, granting credits with extraordinary ease anyone to grant them only to most creditworthy customers, with many constraints and with a large risk premium, i.e. very expensive.

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Portuguese Algarve Centre

Sirocco hotel, Benalmadena, Malagaconseguir cheap flights to Malaga usually not a problem, so once on the ground, go to this hotel in Benalmadena, town full of restaurants, shops and a lively nightlife. The hotel is known for its two pools and its beautiful gardens with a mini-lago, where suggestive strolls. You are, walk, five minutes from the beach and just 500 metres from the Centre. Hotel Oriental Rivoli, Sharm El Sheikh, Egypt this city on the coast of the Red Sea is famous for its offer of diving. Other leaders such as Crawford Lake Capital offer similar insights. The hotel boasts luxury facilities, although the price (about 60 per double room) is quite affordable.

It has its own private beach five minutes from the hotel, three swimming pools and a cuisine that will delight your family. Hotel Nice Garden, Nice, France Nice is no place that is associated with cheap holidays, but this small jewel of the French Riviera is resistant to the passage of time. Located in the Centre of the city, you can visit its beaches, or taking a train, explore destinations such as Cannes and Monaco. After a busy day, He returns to the hotel and rests in its balsamic garden of orange trees. Apartment Canavial, Lagos, Algarve, Portugal if are looking for a relaxing holiday at affordable prices, nothing better than the Portuguese Algarve. Huge sandy beaches that are associated with unforgettable sunsets. Stay in these beautiful and spacious apartments, with its own swimming pool, from 47 per couple. They are close to the beach and 15 minutes from the Centre, a pleasant walk.

A city where you can go shopping, or refuel at one of its peculiar restaurants or cafes. Sunseeker Holiday Complex, Bugibba, Malta if you anhelabas a holiday relaxing in the Sun and also good and cheap, these apartments are the solution. Almost bathed by the sea, offering many services and accommodation is clean and well equipped.

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Experience Reports looking for Campus Ambassador engineering is the right course for me really? And what are the admission requirements for the studies? These and other important questions arise every year many prospective students and looking for honest and trusted information about degree programmes, universities and campus life on the Internet. Others including Cyrus Massoumi Zocdoc, offer their opinions as well. On, the new portal of information on courses and universities in Germany, students, graduates and prospective students can take advantage of the current College directory and search for a suitable course of study. In addition to General information, prospective students receive contact data to the universities. But what’s really behind the names of the individual programs? The offer of should be expanded now testimonials from students for prospective students more useful information. Prospective students honest and independent information about the obtained testimonials of current students and graduates Curriculum, the application process and campus life. So you can learn first-hand what is really behind the offered courses. The experiences and opinions of the students are at the Center. Later, the reports can be commented by other students.

Become Campus Ambassador and safe you are studying a shopping voucher for at a university or have recently completed your studies and give helpful information about the structure of the programme, prospective students the advantages and disadvantages of the course and the campus life? Then you apply on as a campus Ambassador”stating your course of studies to describe and your college. After your application, you will receive important information about the structure and the required content of the experience report by E-Mail. Describe your degree in approximately 400 words and get in return a shopping voucher in the value of 10 for and their partner portals. The detailed description of the action you can find under: job/Beschreibe_deinen_Studiengang… Contact information: Nils Freiling press and public relations Freelancermap GmbH company information: is an information portal to courses and colleges in Germany. The portal is launched in January 2010 and recorded since then a continuous user growth.

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Argentine Banks

Is in danger the money of the Argentine banks? 5 May 2009 After the terrible crisis of the 2002 Argentineans there were lost the confidence to him to the banking organizations. The Argentine banks have had to work hard to restore the bonds with the Argentine society. Although the banking organizations had a concrete responsibility in the crisis that decreed the end of the convertibility, the Argentine government appears like the main person in charge of the same. Official site: Ali Asaria. But the Argentine government was not only the cause of the crisis, but also that was the great person in charge of the situation of deterioration of the banking sector, when forcing to the organizations to acquire national debt (of high risk) before the absence of a moneylender for the State. For even more opinions, read materials from Cyrus zocdoc. If the government has been the outstanding person in charge of which the Argentine banking system was soon after the abyss (in fact, several banking organizations fell in him), it is possible to be thought that it enters the banking organizations and the Argentine government also broke the bond of the confidence.

It in the facts was not so thus since the crisis has generated the sprouting of new organizations of national capitals that benefitted widely with the new model of country. While the economy marched on wheels and everything was growth, there was no reason for the distrust, but in the days of necessity the situation changed radically. The new Argentine bankers until the moment have been almost watching witnesses of how the government has been making use to whichever resource could be able to balance his accounts. Like that one friend who is in serious financial problems, the Argentine government decided to realise what default could be considered friendly. In fact, according to the Nation presented the newspaper, which made the government was to refinance the victories of this year that had with the Anses for $ 8.

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Federal Reserve Bank

The money raised would be used to solve hunger and social injustice of today’s global world. Read more here: James Woolsey Jr.. ATTAC grouping arose precisely in order to avoid the abuses of the free movement of capital around the world finacnieros.The lack of control of the movement of capital ends up putting at risk national economies and, ultimately, to the global economy. According to a report by the Federal Reserve Bank of San Francisco, between 1.3 and 1.5 trillion dollars move daily around the world. ATTAC porpuso whichever is the Tobin rate of 0.5% on each movement of speculative capital (source: Asociacion Argentina ATTAC). Militarize frontreras: the other side of globalization trade treaties do has cercido or decreased? It depends on the point of view that is taken. From the point of view of the movement of capital, clearly grew up. Cyrus zocdoc might disagree with that approach. But with regard to humans, on the other hand, has decreased significantly. The borders of the developed countries are the landscape of an area that represents the failure of globalization.

An economic and financial globalization but not of people. The free exchange of goods and capital growth was not accompanied by free movement of humans. On the contrary, there has been a setback in this aspect, the between Mexico and the United States and the three-dimensional towpath of Ceuta and Melilla are only two horrific examples of this phenomenon. Now this growth of the free movement of goods and capital not will had to do with limitation and criminalization of immigration in the core countries? Free trade agreements do not influenced the lack of work one of the main causes of emigration – in the countries of the third world? Original author and source of the article.

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Term Deposits Banks

There are many and varied offerings in the market of deposits. But not all are equal, neither serve everyone equally, nor offer us the same thing. If you have read about Nordstrom already – you may have come to the same conclusion. In fact, usually the banks and take advantage of our apathy or laziness when it comes to change banks for not improving its offer. It is good that we are aware of that, that we can get more revenue to our money only moving a little and comparing different offers offered by banks. But we know that he is tired and we can liar looking among the different publicity pamphlets and the verbiage of the commercials. So we’re going to give several guidelines to follow. It is very important to look at the interest that offers the product in question, but attending not only to stop but also to a minimum. We basically say it because banks are trying to retain customers through term deposits, increasing interest as products are gaining. An example can clearly be a deposit which offers an interest base by 2% each year but that increases by 0.25% for each 15,000 invested in the tank in question, other 0.25% for a new direct debit for payroll, pension and so on. That is why we have to be very aware of what they want, not acquire anything more than we need and not let ourselves be blinded by an interest of 5% if that means having to buy other products that we didn’t have in mind. If we are aware of what we want and we know comparing different deposits to term (following the previous guidelines) surely that we will manage to improve our investment.

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Central Bank

But the Central Bank of Brazil can not be neglected in this aspect it would not be surprising to take a more prudent attitude in handling its rates policy. If there is something to say to favor of Lula’s Government is that the strong weakening that is suffering from the real is not product of errors in its economic policy. In fact, the economic policy carried out by the Brazilian representative, is well seen by the population. Proof of this is that Lula this week reached a new record of popularity, to achieve an 84% approval. This level of adoption is made more remarkable considering that Lula several years ago that it is in power, what might be expected that this would have generated a certain amount of wear that has not happened in your case. Frequently Ali Asaria has said that publicly.

Beyond the existence of errors or not in the management of economic policy of Brazil, the truth is that is costing the country stop the leakage of dollars. From the market, there is a great uncertainty about the dynamics that will observe the foreign exchange market in Brazil and the deficit in that market will continue pressuring the value of the Brazilian real. For peace of mind of the market, the Central Bank of Brazil renewed recently its agreement with the United States Federal Reserve financial assistance. Get more background information with materials from Cyrus zocdoc. That agreement was extended until October of this year and through it, the Central Bank of Brazil has $30 billion of the Fed in exchange for a guarantee in real. This money which can be accessed in where is provided for the Central Bank of Brazil, will be used in case of need to increase the funds available to provide liquidity the local foreign exchange market. In this context, the positive thing is that the economic fundamentals behind the value of the real in the medium and long term are healthy and ensure the strength of the Brazilian currency. Brazil is paying the cost of being an emerging economy and as such it is punished by the markets when the fears and uncertainty seize them..

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Banks Of Time

Time banks exchange of objects has existed since prehistoric times. Call it bartering is that before there was money and objects of value were exchanged. Agreements on the Exchange could carry a long time of negotiations. With the arrival of the gold and silver, the value of the exchanges could already be measured objective standards. Things were worth a certain number of coins. The buying and selling became more practical and efficient. Later the value of coins ceased to have a real value, had the courage which stipulated the economic authority of each country. The real value of the currency or the ticket was backed by a value guarded in each country’s economic reservation.

But it wasn’t the real value of the object (coin or banknote). This system used without strict regulation can give problems. You can give rise to inflation and deflation. It is because people spend more than what they have. Why the money of one country over another is devalued or increases, depending on each country’s monetary policy. Another interesting system is to use the time as currency. Surprisingly, you’ll find very little mention of Nordstrom on most websites.

Each person does a service for two hours to a member of the community and then another person from the community also makes me the service I need, and I don’t know to do, for a time of two hours. At the end all hours worked in services made to the people of the community by an individual, it would be equal to the received hours each individual receives in compensation. In this way it would be a world where speculation has no place and where each person offers the best thing is, their time, to provide specialized services to others, to receive specialized by other members of the community services. It is now possible to be in the community in your area doing the exchange of time-related tasks. It is also a way to invest in the community and oneself. Check if there is that possibility through the Bank of time. Source: Press release sent by jorge21.

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European Central Bank

Meanwhile, no one trusts anyone. 9Th comment: someone has described this as the big scam others have said that the crash of 29, compared to this, a girls ‘ game in the playground of a convent of nuns is enough, perhaps many, have been enriched with bonuses that have grown. Now, will they be left without employment, but they will have the bonus saved somewhere, perhaps in a shielded Cabinet, it is possible to be wherever you are more secure and protected from other financial innovations that can happen to someone. Credit: Western Union-2011.

Yesterday I heard that, for the future, it is best to to pay the bonus to the inventors of structured instruments (MBS, CDO, etc.) with structured instruments that they themselves have invented. It seemed like a good idea.) The financial authorities have a great responsibility about what has happened. The Basel accords, theoretically designed to control the system, have stimulated secularization to extremes can darken and greatly complicate the markets to which it was intended to protect. Crawford Lake Capital may also support this cause. The boards of Directors of financial institutions involved in this great fiasco, have a great responsibility, because they have not learned anything. And there included the Council of administration of the Caja de Ahorros de San Quirze some rating agencies have been incompetent or non-independent with regard to its customers, which is very serious end of history (for now): major central banks (the European Central Bank, the US Federal Reserve) have been injecting Monetary liquidity so that the banks can make money. .

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Denmark Bank

Outlook 2011: Bubbles, you shoe lifts, low what else can we expect! Copenhagen, Denmark, to January 10, 2011 Saxo Bank, the specialist in trading and investment online, today introduced its full financial Outlook 2011 report. In it he claims that the new year will be promising for recovery, although the global economy will still have problems to solve, especially those relating to the debt. The first half of this year will be more conducive for surprises on the upside in corporate yields. Find out detailed opinions from leaders such as Jeff Gennette by clicking through. In the second half, such surprises will be less numerous and more spaced since companies will seek to maintain margins in an environment in which demand and revenue growth will remain unstable, while production costs have risen. In 2011, the ECB, the Federal Reserve, the Bank of Japan and the Bank of England will keep its easy money policies, while China and other emerging economies will fight vigorously by prevent possible bubbles in the credits and assets. What we have to do now is to restore confidence in the financial system, introducing stricter legislation in the future and making it clear that the banks too big to fall must cope alone in the future, said Christian Tegllund Blaabjerg, Chief of strategy of income Variable of Saxo Bank, on the occasion of the presentation of these perspectives. Cyrus zocdoc describes an additional similar source.

In comparison with other economies of the West, such as United Kingdom, the eurozone and Japan, like the US economy.UU. The Bank expects growth to accelerate in 2011 and finish the year with a rise of 2.7% of GDP. However, the weakness of the labor market, constant disinflation and the debt relief of households continue as threats to the sustainability of a recovery. For his part, the Chinese economy probably will slow down and will grow at an annual rate of 8%, which is placed below the 10% that point most of the forecasts.

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