Comment on Anheuser-Busch’s The High End responds to ‘independent craft’ seal by Feliciano Montoya   
It really is not that complicated. If they are associated, specifically, with a Big Beer conglomerate that has the intention of stifling out or buying out all competition, then they shouldn't get the seal. I am not as worried about who owns the brewery as I am about what those owners do to/with other fellow breweries. You can say it's all about the beer all you want, but at the end of the day, if InBev had the ability to nip any famous craft beer brews in the bud, they would have. With every brewery they buy out, they get closer and closer to being able to do just that. Who knows how many amazing beers we will miss, or have already missed, due to business practices like this. To sum it all up, if they are ANTI CRAFT, they are the enemy. If they simply don't get along with other craft breweries, then that's still fine. The line to cross is when they become a part of the machine that aims to harm other breweries.
          Brandon Smith: “Next Phase of Collapse Will Include the End of the Dollar as We Know It”   
Brandon Smith: “Next Phase of Collapse Will Include the End of the Dollar as We Know It”

The Federal Reserve Is A Saboteur – And The “Experts” Are Oblivious
I have written on the subject of the Federal Reserve’s deliberate sabotage of the U.S. economy many times in the past. In fact, I even once referred to the Fed as an “economic suicide bomber.” I still believe the label fits perfectly, and the Fed’s recent actions I think directly confirm my accusations.
Back in 2015, when I predicted that the central bankers would shift gears dramatically into a program of consistent interest rate hikes and that they would begin cutting off stimulus to the U.S. financial sector and more specifically stock markets, almost no one wanted to hear it. The crowd-think at that time was that the Fed would inevitably move to negative interest rates, and that raising rates was simply “impossible.”

Many analysts, even in the liberty movement, quickly adopted this theory without question. Why? Because of a core assumption that is simply false; the assumption that the Federal Reserve’s goal is to maintain the U.S. economy at all costs or at least maintain the illusion that the economy is stable. They assume that the U.S. economy is indispensable to the globalists and that the U.S. dollar is an unassailable tool in their arsenal. Therefore, the Fed would never deliberately undermine the American fiscal structure because without it “they lose their golden goose.”
This is, of course, foolish nonsense.
Since its initial inception from 1913-1916, the Federal Reserve has been responsible for the loss of 98% of the dollar’s buying power. Idiot analysts in the mainstream argue that this statistic is not as bad as it seems because “people have been collecting interest” on their cash while the dollar’s value has been dropping, and this somehow negates or outweighs any losses in purchasing power. These guys are so dumb they don’t even realize the underlying black hole in their own argument.
IF someone put their savings into an account or into treasury bonds and earned interest from the moment the Fed began quickly undermining dollar value way back in 1959, then yes, they MIGHT have offset the loss by collecting interest. However, this argument, insanely, forgets to take into account the many millions of people who were born long after the Fed began its devaluation program. What about the “savers” born in 1980, or 1990? They didn’t have the opportunity to collect interest to offset the losses already created by the Fed. They were born into an economy where saving is inherently more difficult because a person must work much harder to save the same amount of capital that their parents saved, not to mention purchase the same items their parents enjoyed, such as a home or a car.
Over the decades, the Fed has made it nearly impossible for households with one wage earner to support a family. Today, men and women who should be in the prime of their careers and starting families are for the first time in 130 years more likely to be living at home with their parents than any other living arrangement.
People are more likely to be living with their parents now than back during time periods in which young people actually wanted to stay close to their parents to take care of them. That is to say, most young people are stuck at home because they can’t afford to do anything else, not because they necessarily want to be there.
This is almost entirely a symptom of central bank devaluation of the currency and its purchasing potential. The degradation of the American wage earner since the Fed fiat machine began killing the greenback is clear as day.
The Fed is also responsible for almost every single major economic downturn since it was established. As I have noted in the past, Ben Bernanke openly admitted that the Fed was the root cause of the prolonged economic carnage during the Great Depression on Nov. 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday:”
“In short, according to Friedman and Schwartz, because of institutional changes and misguided doctrines, the banking panics of the Great Contraction were much more severe and widespread than would have normally occurred during a downturn.
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.”
Bernanke is referring in part to the Fed’s program of raising interest rates into an economic downturn, exacerbating the situation in the early 1930’s and making the system highly unstable. He lies and says the Fed “won’t do it again;” they are doing it RIGHT NOW.
The Fed was the core instigator behind the credit and derivatives bubble that led to the crash in 2008, a crash that has caused depression-like conditions in America that we are still to this day dealing with. Through artificially low interest rates and in partnership with sectors of government, poor lending standards were highly incentivised and a massive debt trap was created. Former Fed chairman Alan Greenspan publicly admitted in an interview that the central bank KNEW an irrational bubble had formed, but claims they assumed the negative factors would “wash out.”
Yet again, a Fed chairman admits that they either knew about or caused a major financial crisis. So we are left two possible conclusions — they were too stupid to speak up and intervene, or, they wanted these disasters to occur.
Today, we are faced with two more brewing bubble catastrophes engineered by the Fed: The stock market bubble and the dollar/treasury bond bubble.
The stock market bubble is rather obvious and openly admitted at this point. As the former head of the Federal Reserve Dallas branch, Richard Fisher, admitted in an interview with CNBC, the U.S. central bank in particular has made its business the manipulation of the stock market to the upside since 2009:
“What the Fed did — and I was part of that group — is we front-loaded a tremendous market rally, starting in 2009.
It’s sort of what I call the “reverse Whimpy factor” — give me two hamburgers today for one tomorrow.”
Fisher went on to hint at his very reserved view of the impending danger:
“I was warning my colleagues, Don’t go wobbly if we have a 10 to 20 percent correction at some point… Everybody you talk to… has been warning that these markets are heavily priced.” [In reference to interest rate hikes]
The Fed “front-loaded” the incredible bull market rally through various methods, but one of the key tools was the use of near-zero interest rate overnight loans from the central bank, which corporations around the world have been exploiting since the 2008 crash to fund stock buybacks and pump up the value of stock markets. As noted by Edward Swanson, author of a study from Texas A&M on stock buybacks used to offset poor fundamentals:
“We can’t say for sure what would have happened without the repurchase, but it really looks like the stock would have kept going down because of the decline in fundamentals… these repurchases seem to hold up the stock price.”
In the initial TARP audit, an audit that was limited and never again duplicated, it was revealed that corporations had absorbed trillions in overnight loans from the Fed. It was at this time that stock buybacks became the go-to method to artificially prop up equities values.
The problem is, just like they did at the start of the Great Depression, the central bank is once again raising interest rates into a declining economy. This means that all those no-cost loans used by corporations to buy back their own stocks are now going to have a price tag attached. An interest rate of 1% might not seem like much to someone who borrows $1000, but what about for someone who borrows $1 Trillion? Yes, borrowing at ANY interest rate becomes impossible when you need that much capital to prop up your stock. The loans have to be free, otherwise, there will be no loans.
Thus, we have to ask ourselves another question; is the Fed really ignorant enough to NOT know that raising rates will kill stock markets? They openly admit that they knew what they were doing when they inflated stock markets, so it seems to me that they would know how to deflate stock markets. Therefore, if they deliberately engineered the market rally with low interest rates, it follows that they are deliberately engineering a crash in markets using higher interest rates.
Mainstream economists and investment “experts” appear rather bewildered by the Federal Reserve’s exuberance on rate hikes. Many assumed that Janet Yellen would hint at a pullback from the hike schedule due to the considerable level of negative data on our fiscal structure released over the past six months. Yellen has done the opposite. In fact, Fed officials are now stating that equities and other assets appear to be “overvalued” and that markets have become complacent. This is a major reversal from the central bank’s attitude just two years ago. The fundamental data has always been negative ever since the credit crisis began. So what has really changed?
Well, Donald Trump, the sacrificial scapegoat, is now in the White House, and, central bank stimulus has a shelf life.  They can’t prop up equities for much longer even if they wanted to. The fundamentals will always catch up with the fiat illusion. No nation in history has ever been able to print its way to prosperity or even recovery. The time is now for the Fed to pull the plug and lay blame in the lap of their mortal enemy – conservatives and sovereignty champions. They will ignore all financial reality and continue to hike. This is a guarantee.
In the Liberty Movement the major misconception is that the Fed is attempting to “catch up” to the next crash by raising interest rates so that they will be ready to stimulate again. There is no catching up to this situation. The Fed has no interest in saving stock markets or the economy. Again, the fed has raised rates before into fiscal decline (during the Great Depression), and the result was a prolonged crisis. They know exactly what they are doing.
What does the Fed gain from this sabotage? Total centralization. For example, before the Great Depression there used to be thousands of smaller private and localized banks in America. After the Great Depression most of those banks were either destroyed or absorbed by elite banking conglomerates. Banking in the U.S. immediately became a fully centralized monopoly by the majors. In a decade, they were able to remove all local competition and redundancy, making communities utterly beholden to their credit system.
The 2008 crash allowed the banking elites to introduce vast stimulus measures requiring unaccountable fiat money creation. Rather than saving America from crisis, they have expanded the crisis to the point that it will soon threaten the world reserve status of our currency. The Fed in particular has set the U.S. up not just for a financial depression, but for a full spectrum calamity which will include a considerable devaluation (yet again) of our currency’s value and resulting in extreme price inflation in necessities.
The next phase of this collapse will include the end of the dollar as we know it, making way for a new global currency system that uses the IMF’s SDR basket as a foundation. This plan is openly admitted in the elitist run magazine ‘The Economist’ in an article entitled “Get Ready For A Global Currency By 2018.
It is important to understand what the Fed actually is — the Fed is a weapon. It is a weapon used by globalists to destroy the American system at a given point in time in order to clear the way for a new single world economy controlled by a single managerial entity (most likely the IMF or BIS). This is the Fed’s purpose. The central bank is not here to save the U.S. from harm, it is here to make sure the U.S. falls in a particular manner — a controlled demolition of our fiscal structure.

The US Is Becoming A 3rd World Nation As The Economy Breaks Down: Paul Craig Roberts


          Fusión de Servired, 4B y Euro 6000: así será el monopolio de los cajeros automáticos   

Cajero automático

La medida llevaba gestándose más de un año: las tres grandes redes españolas de cajeros automáticos (Servired, 4B y Euro 6000) se fusionarán en una única entidad que ejercerá un monopolio prácticamente total en el servicio de retirada de efectivo. Servired, la mayor de las tres, controlará el 66% de la nueva sociedad.

Esta operación no es sorprendente: en buena parte de Europa los cajeros están operados por monopolios nacionales participados por el sector bancario local. La red alemana Girocard o la francesa Carte Bleue llevan décadas controlando la práctica totalidad de los terminales en sus respectivos países. En Holanda, donde los pagos con tarjeta ya superan a los realizados en efectivo, los grandes bancos se plantean no solo integrar la red sino ceder los cajeros a una entidad conjunta con una marca única. España se suma ahora a esta tendencia.

La empresa resultante operará casi 64.000 cajeros y tendrá 72 millones de tarjetas de crédito y débito en circulación. Los mayores accionistas serán los tres grandes bancos del país: Santander (con el Popular), BBVA y CaixaBank; que también son los que aportan mayor número de cajeros, tarjetas y clientes al conglomerado. ¿Qué consecuencias tendrá el monopolio de los cajeros para los usuarios?

La guerra de los cajeros está aquí para quedarse

La gran ventaja técnica de las redes de cajeros es que permiten realizar operaciones a clientes de todas las entidades participantes, al margen de la retirada de efectivo (por ejemplo consultas de saldo, recargas y similares). Además, la mayoría de redes ofrecen ventajas comerciales: los clientes de todos los bancos asociados pueden retirar dinero gratis (o por una comisión ínfima) en toda la red. En España también sucedía esto: los clientes de cualquier banco asociado a 4B, por ejemplo, podían sacar dinero gratis en cualquier terminal 4B. Hasta que comenzó la guerra de los cajeros.

A finales de 2015, los tres grandes de la banca española decidieron unilateralmente acabar con las ventajas para clientes de entidades asociadas a sus redes de cajeros. Comenzaron a cobrar 2 euros por transacción a clientes de otros bancos, independientemente de la red a la que pertenecieran. Se acababa así la razón de ser de Servired, 4B y Euro 6000 desde el punto de vista comercial.

Nada parece indicar que la política de comisiones en los cajeros vaya a cambiar tras la fusión

Nada parece indicar que la política basada en cobrar a clientes de otros bancos vaya a cambiar tras la fusión. Las entidades con menos cajeros se verán obligadas a mantener acuerdos con otras mayores –o de ofrecer alternativas como el cashback– si quieren que sus clientes puedan retirar efectivo gratuitamente.

¿Habrá ventajas para los consumidores?

Con la integración de las tres redes, se simplifican los pagos con tarjeta en España. El coste real de las transacciones se reducirá, al eliminarse la necesidad de interconectar distintas redes (por ejemplo, para pagar con una tarjeta Servired en una tienda cuyo TPV está conectado a Euro 6000). Pero está por ver si esta bajada repercutirá en las comisiones que deben pagar los comercios, una de las principales razones por las que muchos aún son reacios a aceptar este método de pago.

Cardpayment Pago con tarjeta

En cuanto a los cajeros automáticos, al estar todos conectados a la misma red, aumentarán las posibilidades de realizar operaciones (al margen de retiradas de efectivo) independientemente de la entidad a la que pertenezca la tarjeta. Y aunque en principio los grandes bancos no vayan a cambiar su política de cobrar a clientes de otras entidades, cabría la posibilidad de que las autoridades de la competencia decidan rebajar las tarifas máximas (actualmente 2 euros por transacción) para autorizar la fusión.

De momento, todo son conjeturas. Está por ver hasta qué punto la integración de todos los cajeros reduce las comisiones para pequeños comercios y clientes individuales. Lo que sí está claro es que la banca española reducirá costes con esta fusión, y que el nuevo conglomerado será uno de los mayores operadores de cajeros y tarjetas de la Unión Europea.

En El Blog Salmón | Las transferencias bancarias instantáneas llegan para toda Europa: así es el TIPS

          Warren Buffett is now the largest owner of 2 of the world's biggest banks (BAC, JPM, WFC, GS)   

warren buffett

Warren Buffett's Berkshire Hathaway is now the biggest owner of two of the world's largest banks: Bank of America and Wells Fargo.

On Wednesday, the Federal Reserve cleared the way for Buffett to become Bank of America's largest shareholder.

It passed all the big banks on their so-called stress tests, giving them permission to use their capital for things beyond buffering against disaster, including share buybacks and dividend payments.

Bank of America raised its dividend to $0.12 a common share.

That made it compelling for Berkshire to convert its preferred shares into common stock, giving it shareholder ownership, and earning as much as $12 billion in profit. Berkshire announced on Friday that it would exercise its warrants to buy 700 million common shares of Bank of America, the third-largest US bank by market cap, instead of waiting until just before their expiry in 2021.

In a statement, the bank said it welcomed Buffett's decision.

With $2.19 trillion in assets, Bank of America ranked ninth in the world, according to an S&P Global Market Intelligence ranking released in April.

Buffett's initial investment in the bank dating back to 2011 was a thumbs-up of sorts to CEO Brian Moynihan, who had recently taken the helm. It was also a bet that the bank would recover from the fallout of toxic mortgage securities.

He acquired $5 billion of Bank of America preferred stock with a 6% dividend, or $300 million annually, in August 2011, at a time when investors worried about the bank's capital needs, Reuters reported.

The conglomerate said last July that it owned more than 10% of Wells Fargo, which on Friday amounted to nearly 537 million shares, according to Bloomberg. It's the second-largest bank in the US by market capitalization and was the 10th largest in the world by assets, according to S&P.

Berkshire Hathaway also owns smaller stakes in Goldman Sachs and JPMorgan.

SEE ALSO: Japan can help us better understand one of the biggest puzzles facing the US economy

Join the conversation about this story »

NOW WATCH: An economist explains what could happen if Trump pulls the US out of NAFTA

          July 27th: Kilmarnock - A Town That Refuses To Lie Down And Die   

20,000 people marched through Kilmarnock yesterday in protest at Diageo's plans to shut down the Johnny Walker whisky plant there and lay off 700 workers. The people of Kilmarnock were joined on the march by First Minister Alex Salmond, the entire first team of Kilmarnock FC (plus manager), bands like Hue and Cry, and even the Scottish Tory leader Annabel Goldie.

Len McCluskey of UNITE trade union hit the nail on the head when he told the rally that: "People power and organised labour can change it, and we intend to change it. Let's be absolutely crystal clear right from the outset – this decision is borne out of greed, nothing else. This is a company that made £2.2 billion profit last year and has already declared half-yearly profits of £1.6bn."

The message to the multinational drinks conglomerate was loud and clear: dinnae mess with our jobs, dinnae mess with our whisky industry. The message to other workforces whose livelihoods are threatened by greedy corporations was equally loud and clear: don't accept the dictats of the market, stand and fight.

"20,000 demand Diageo rethink on plant closure" THE HERALD
"20,000 marchers tell Diageo: don't axe jobs" THE SCOTSMAN
          YC Deveshwar sold entire ITC holding before retiring   
Deveshwar, the longest-serving boss in the cigarette conglomerate, had 6.8 lakh shares at the start of last fiscal which he sold through 18 transactions.
          Comment on Qatar crisis from the Iranian view: Waiting for a feudal revolution, still… by Sol Invictus   
Ramin you're spot on with regards to European royal families, they own large portion of their economies through offshore havens and City of London dark pools. Furthermore, european royals have deep tentacles inside their respective intelligence agencies. The crown heads are shaping and directing internal and foreign policy through their intelligence services. For the profane looking to get a glimpse at the power of european royal families, Wikileaks cables are a good starting point. UK royals are all over central Asia plotting on behalf of oil and gas producers, Spain's court is trying to overthrow govt's left and right in South America, and plotting to secure business for their conglomerates. Just a couples of weeks ago the former Spanish King was in Saudi Arabia pitching a military deal to take markets away from french naval manufacturer. European masses are clueless...
          Fluxtechsolutions Off-Campus For Freshers : BE/ BTech/ MTech/ BSc/ BCA/ MCA : PHP Developer On Dec 2015   
Fluxtechsolutions Pvt. Ltd. [] Off-Campus For Freshers : B.Sc., B.Tech/B.E., BCA, M.Tech./M.E., MCA : PHP Developer @ Ahmedabad Exclusive Job For Job Description: About The Company: Fluxtechsolutions is an offshore mobile development outsourcing company in india providing information technology services to customers worldwide. Fluxtech is a conglomerate of experienced professionals from various fields who ...
          Entenda um conceito fundamental da teoria marxista   

da Folha Online

A mais-valia é um dos conceitos mais importantes do pensamento marxista. Por meio dele podemos compreender a exploração capitalista e a própria história do século 20.


Livro explica a obra de Marx, seus principais conceitos e suas "profecias"

Livro explica a obra, os principais conceitos e suas "profecias"

"Marx", parte da coleção "Folha Explica", apresenta um estudo atualizado e sintético das principais ideias do filósofo alemão. Conceitos como alienação, mercadoria, capital, dialética do capitalismo, fetichismo, ideologia, crise e revolução são observados de maneira crítica e didática.

Saiba mais e leia introdução do livro.
Entenda a crise econômica pela ótica de Karl Marx

O autor do livro, Jorge Grespan, professor de Teoria da História da USP, classifica a obra de Marx como "profética".

Entre as "profecias" de Marx, comentadas no livro, estão a irradiação da forma de mercadoria a quase todos os produtos e relações sociais, o surgimento dos conglomerados financeiros e industriais e a crescente substituição de mão-de-obra por máquinas cada vez mais sofisticadas.

"O poder de previsão de Marx foi tão grande que o mundo em que vivemos acabou se tornando demasiado semelhante ao das tendências descritas por sua obra", conclui o autor. Abaixo, leia um trecho do livro.



Siga a Livraria da Folha no Twitter

Siga a Livraria da Folha no Twitter

De início, é como circulação de mercadorias que aparece a relação entre força de trabalho - mercadoria vendida pelo trabalhador - e capital - o dinheiro com que o capitalista compra essa mercadoria, isto é, com que paga o salário. Nessa esfera de circulação, o dinheiro do salário é equivalente ao valor da força de trabalho, como ao de qualquer outra mercadoria. Aqui reina a equivalência das trocas, a igualdade entre capitalistas e trabalhadores, a isonomia jurídica entre as partes que celebram contrato, vista no capítulo anterior.

A desigualdade social entre eles aparecerá na realidade do contrato, isto é, quando o trabalhador trabalhar para o capitalista, Ele o fará utilizando matéria-prima e instrumentos que são de propriedade do capitalista, de modo que também a este último caberá a propriedade do produto. Em troca do seu trabalho, o trabalhador receberá do excedente de valor, a mais-valia, que explica a lógica do capitalismo.

Pois o Valor que a força de trabalho deve receber para repor seu dispêndio de energia física e mental, para poder continuar trabalhando e criar filhos que trabalharão no futuro - esse valor, que se realiza no salário, é totalmente distinto do valor do produto que o trabalhador produz para o capitalista vender. A força de trabalho e o seu produto são coisas independentes uma da outra, de modo que seu valor também o é. Se o valor do produto for maior que o da força de trabalho, a diferença dos dois representará um ganho para o capitalista, o "mais-valor" ou "mais-valia". Se for menor, haverá perda, e não valerá a pena para o capitalista contratar mão-de-obra e produzir.

Como o valor se calcula em tempo, tomando uma jornada de trabalho é fácil verificar que num certo momento, depois de algumas horas, os trabalhadores produziram uma quantidade de produto que, se vendido pelo capitalista, permitiria a ele já pagar os salários. É o que Marx chama de "trabalho pago". Só que os trabalhadores trabalham para o capital e não para si mesmos. No contrato proposto pelo capitalista, eles devem trabalhar por uma jornada mais longa do que aquela suficiente para criar o equivalente aos seus salários. O valor que eles produzem nesta segunda etapa é o que corresponde à mais-valia ou ao "trabalho não pago". Em princípio, de qualquer maneira, trata-se de dois valores distintos.

Ou seja, a mais-valia não surge necessariamente da sub-remuneração da força de trabalho. Nas palavras de Marx, "a circunstância de que a manutenção diária da força de trabalho só custa meia jornada de trabalho, apesar de a força de trabalho poder operar, trabalhar um dia inteiro [...] é grande sorte para i comprador, mas, de modo algum, uma injustiça com o vendedor". 1

1 Marx, K, O Capital Volume 1, Tomo 1

          Com a internet das coisas, as máquinas vão aprender a reclamar   

Para Hubert Lienhard, presidente mundial do conglomerado industrial alemão Voith, a digitalização da indústria é irreversível Dados mostram que o mercado de internet das coisas para máquinas industriais vai movimentar 40 bilhões de dólares em 2020, quatro vezes mais do que o montante atual. Empresas que só forneciam equipamentos agora se preparam para produzir softwares e aplicativos. Assim como GE e Siemens, o centenário conglomerado industrial alemão Voith está às voltas com a criação Detalhes [...]

O post Com a internet das coisas, as máquinas vão aprender a reclamar apareceu primeiro em ASUG Brasil.

          The Amplifiers Used On Sargent Pepper's Lonely Hearts Club Band.   
Sargent Pepper's Lonely Hearts Club Band
This year marks the 50th anniversary of The Beatles Sargent Pepper’s Lonely Hearts Club Band LP. There is currently a wonderful television program that goes into great detail about the production and history of each song.

Sargent Pepper recording session
While much of the music was done on keyboard and string instruments, McCartney’s bass, and some guitar is featured on the recordings.  The TV special mentioned said little about the guitars and nothing is noted about the amplifiers used on the album.

Paul McCartney with 1967 Bassman
The television program showed  only one amplifier; the Beatles’ blonde 1964 Fender Bassman. Aside from the Vox AC30, we know this Bassman amplifier was used on many of the Beatles albums.

We know that McCartney first used this amp in 1965 and continue to use it until 1967 in the recording studio.

After that Lennon and Harrison both put that Bassman to use.  Lennon continued to use it in the studio on some of his solo work. This Fender Bassman was the 1964 6C6-B circuit and featured twin Utah 12” speakers. It was a similar circuit to the one used on in the same era Bandmaster.

Beatles with Vox AC30's
The Beatles and many other British groups preferred to use Vox amplifiers since they were readily available and less expensive than imported United States brands, such as Fender. The Vox AC30 was perhaps the most used by the Beatles during their early days.

1964 Vox AC30

The Vox AC30 was a 30 watt class A amplifier, which technically speaking is very inefficient, because the power tubes are operating at full power. However class A is very pleasing to the ear and makes for a great performing amplifier.

The Vox AC30 had cathode biasing and no negative feedback loop. In my opinion the AC30 is one of the best amps ever made.

Despite the popularity of Vox amps in the U.K., the company was facing financial difficulties as early as 1964.

Jennings and Denney
Vox' manufacturer was JMI or Jenning’s Musical Instrument and run by Tom Jennings along with musician/guitarist/amplifier designer Dick Denney. In 1964 the partners had sold the company to a conglomerate called The Royston Company. Both men maintained posts in the organization through 1967 at which time they left the company. Perhaps the two men saw the writing on the wall, as the following year Royston filed for bankruptcy.

Some of the former JMI employees cut a deal with the bank that held the assets and they were able to procure the Vox name. Vox equipment was then produced under the name Vox Sound Equipment until 1969 when yet another bankruptcy ensued.

Vox Birch Stolec AC30
A company called Birch Stolec Industries purchased Vox from the holding company. One of the sales managers for this company was none other than Rick Huxley, the bass player for the Dave Clark Five. This firm built Vox amplifiers which included printed circuit boards and also produced some solid state versions of Vox amplifiers.

But let’s back up to before 1967 when Sargent Pepper was being made. Even before that date, when the Beatles and other bands were touring, as early as 1964, the folks at Vox realized the AC30 at full volume was not going to cut through the screams of the female fans. So they investigated producing a larger version.


They had already come up with the AC50 MKII that McCartney can be seen using in concerts. (He still uses this amp today.)

Vox AC100

What they came up with was the Vox AC100 aka the Vox Super Deluxe. This was a a one channel amplifier that came with a large speaker unit, which contained four 12" Celestion speakers. It was Vox' answer to the Fender Dual Showman amplifier. The Beatles can be seen using this amp in concert footage.

Later in 1964 JMI reached an agreement with the Thomas Organ Company of the United State that they would be the sole US distributor for Vox. This may sound like an odd arrangement, if not for the fact the JMI was once known as the Jennings Organ Company. It may have been short-sighted of the former Jennings Organ Company to believe a US organ manufacturer would be a great vehicle to distribute Vox amplifiers. But during the guitar boon era, many companies were trying to get a piece of the pie.

US made Vox Super Beatle
Once Thomas Organ inked the deal they realized that JMI/Vox was not capable of manufacturing an adequate number of amplifiers to make the deal profitable. Thomas Organ, not at all happy about the situation and proposed a deal that they become licensed manufacturers of Vox amplifiers in the United States and Canada. Probably due to the financial situation at JMI, they agreed.

This is how the US Vox Super Beatle and other US amplifiers came to be made by the Thomas Organ Company aka Vox US.

Dick Denney traveled to the USA in 1965 to visit the Thomas Organ/VOX US manufacturing facility to see their products first hand. He was impressed with their solid state amplifiers. This lead him to come up with his own solid state/tube hybrid versions.

The guitar amps that Denney designed were called the UL7 series and the bass versions were the UL4 series.  UL was suggestive of Underwriters Laboratories, a group the put its approval on electronic merchandise.

Vox UL705

The UL705 was a 5 watt amplifier,while the UL710, and UL715 produced 15 watts. Both had solid state preamps, with tube based power amplifier sections.

Vox UL730
In 1966 a Vox UL730 was delivered to Abbey Road Recording studios for The Beatles use.

The power tube (or valve) selection of the UL730 included one ECC83 and a quartet of EL84 tubes. The ECC83 is actually a preamp tube, but was used as a phase inverter.

Vox UL730

The UL730 was a two channel amplifier with two inputs per channel, a boost switch for each channel. Channel One featured volume, treble, middle, and bass potentiometers, and controls for tremolo speed and depth.

Vox UL730 front panel
A distortion control was included in this channel. Channel Two included the volume, treble, middle, and bass controls, and added a reverb control.

The separate speaker cabinet was loaded with twin 12” Celestion speakers. Of course the amplifier featured the trolley.

The Beatles session
with the UL730

Vox manufactured only 100 units. This was not a popular amplifier since out of the 100 units sold, 76 units were returned. Some may have been defective, while others were exchanged for another amp of the era. The 76 units that were returned were said to have been destroyed.

Harrison's UL730

The amplifier that was delivered to the Beatles included a promotional sticker inside of it that stated it was “Promotional Stock - Model No. 760 Amp A/C Current - Serial # 3020 - Artist The Beatles”.

It is said to have been in George Harrison's procession and was to be auctioned on 12/15/2011, but the seller withdrew the offer prior to the sale date.

Vox single spring reverb
This was likely the amplifier that the Beatles used on the Sargent Pepper recordings. The UL730, and most Vox amplifiers included the Vox single spring reverb since Tom Jennings did not want to pay Hammond the $1 per unit royalty for use of their 3 spring version.

To avoid this fee he and Denney came up with their own reverb design.

McCartney using UL730

During the albums creation, McCartney played his Rickenbacker 4001S bass through it on most of the songs. Although it is said that he employed the UL430 bass amp on Lucy In The Sky.

Vox UL430
The UL430 was essentially the UL730 with no effects except for the boost switch. Other than that the tube compliment, speakers, and electronic design were similar. These amps look different from the VOX AC design. The UL amps, except for the UL705 feature controls in the front of the amplifier unit. They all still had the signature Vox grill cloth fabric. The UL730 and its companions are a part of our unique guitar history.

In addition to the Bassman and the Vox UL730, The Beatles utilized a 1967 Fender Showman amplifier that was in the studio.

1967 Fender Showman
The 1967 Fender Showman was a black faced and from the final year Fender made black face amplifiers. The amp had an 85 watt  head. The cabinet was loaded with a single 12” JBL speaker. The preamp section was made up of two 7025’s and the power tubes included a quartet of 6L6’s.

It is also written that Paul McCartney used a Selmer Thunderbird Twin 50 MkII on Good Morning, Good Morning, which he may have used early in The Beatles career.

Selmer Thunderbird Twin 50 MKII
The Selmer Thunderbird was finished in what is called “croc-skin”. The preamp and power amp were housed in the cabinet. The amplifier had two inputs, a“Selectortone” push button tone control feature, along with tremolo and reverb contols. This amp came with a stand to raise it off the floor.

1967 Vox Conqueror/Defiant
 Several other sources say that the Beatles used a Vox Conqueror on Sargent Pepper. The Conqueror was the completely solid state amp that replaced the UL730. This 30 watt two channel amp featured germanium transistors. The channel controls were mounted on top of the head and featured a normal and a brilliant channel, while the effects controls were mounted on the amplifiers front panel.

Both channels featured volume, treble, and bass potentiomers and a boost switch. And both had two inputs.

1967 Vox Conqueror
top and front pane
The front panel for the effects  had controls for tremolo speed and depth, as well as a reverb section that allowed reverb on channel one, off, or channel two. It also included a MRB switch that selected tone boost frequencies.

The Vox Conqueror came with a modified trolley that contained the speaker unit only. The head stood on top of the speakers.

Vox Defiant
Vox also made a similar amplifier called The Vox Defiant. The Defiants head was slightly larger than the Conqueror. In fact at first look it resembled the Conqueror. However the Defiant pushed 50 watts instead of 30 watts.  The Defiant amp was featured in the background of a promotional photo for Sargent Pepper. But for the promo video I do not know if this amp was used on the record,

The Beatles also used two other Vox amplifiers; the 7120 and the 4120 bass amp, which they had used on the Revolver LP.

Vox 7120

The 7120 was the most powerful amplifier that Vox had produced. This was another hybrid amp, with a solid state preamp section and a tube power amp section, which consisted of four KT88 power tubes and an EL84 and an ECL86 which acted as phase inverters. It was rated at 120 watts. It utilized one ECL86, one EL84, and a quartet of KT88’s. The amplifier had two channels.

Vox 7120
Channel One was the vibrato channel and had two inputs, a boost switch, a volume, treble, middle, and bass control, along with a tremolo section with speed and depth, and a reverb section, and a distortion control.

Channel two featured two inputs, a boost switch, volume, treble, middle, and bass controls, and a reverb control.

Vox 7120

The 7120 speaker cabinet had two 12” Celestion T 1225 speakers and two Goodman midax horns. The controls on the amplifier section were on the bottom of the amplifier head.

Vox 4120
The Vox 4120 bass amplifier was very similar in the amplifier section. However it lacked the effects associated with the 7120. Everything else was the same. The speaker compliment was quite different. The amp had four 12” Alnico Celestion speakers and two Goodman Midax high frequency 17 watt horns. The 4120 also had an output of 120 watts, It was made for only one year; 1966.

McCartney with a Vox UL730, Harrison and Lennon with Vox Defiant amps

This photo is from the Beatles promotional video for Hello, Goodbye.

          Sedimentology, sequence-stratigraphy, and geochemical variations in the Mesoproterozoic Nonesuch Formation, northern Wisconsin, USA   

We use core descriptions and portable X-ray fluorescence analyses to identify lithofacies and stratigraphic surfaces for the Mesoproterozoic Nonesuch Formation within the Ashland syncline, Wisconsin. We group lithofacies into facies associations and construct a sequence stratigraphic framework based on lithofacies stacking and stratigraphic surfaces. The fluvial-alluvial facies association (upper Copper Harbor Conglomerate) is overlain across a transgressive surface by the fluctuating-profundal facies association (lower Nonesuch Formation). The fluctuating-profundal facies association comprises a retrogradational sequence set overlain across a maximum flooding surface by an aggradational-progradational sequence set comprising fluctuating-profundal, fluvial-lacustrine, and fluvial-alluvial facies associations (middle Nonesuch through lower Freda Formations). Lithogeochemistry supports sedimentologic and stratigraphic interpretations. Fe/S molar ratios reflect the oxidation state of the lithofacies; values are most depleted above the maximum flooding surface where lithofacies are chemically reduced and are greatest in the chemically oxidized lithofacies. Si/Al and Zr/Al molar ratios reflect the relative abundance of detrital heavy minerals vs. clay minerals; greater values correlate with larger grain size. Vertical facies association stacking records depositional environments that evolved from fluvial and alluvial, to balanced-fill lake, to overfilled lake, and returning to fluvial and alluvial. Elsewhere in the basin, where accommodation was greatest, some volume of fluvial-lacustrine facies is likely present below the transgressive stratigraphic surface. This succession of continental and lake-basin types indicates a predominant tectonic driver of basin evolution. Lithofacies distribution and geochemistry indicate deposition within an asymmetric half-graben bounded on the east by a west-dipping growth fault. While facies assemblages are lacustrine and continental, periodic marine incursions are probable, especially across maximum transgressive surfaces.

We demonstrate a sequence-stratigraphic approach may be applied to fine-grained Precambrian sediments using traditional rock description and supporting lithogeochemistry. Identification of a characteristic lithofacies succession in Mesoproterozoic sediments demonstrates fundamental controls commonly interpreted for Phanerozoic lake systems may be extended into the Precambrian. These controls result in a predictable association of lithofacies, with distinct physical, biological, and geochemical properties. This has regional significance for carbon sequestration and the distribution of mineral and hydrocarbon resources and broader significance for addressing Mesoproterozoic paleogeographic reconstructions and questions related to the evolution of terrestrial life.

          Geologic map of the Strawberry Butte 7.5’ quadrangle, Meagher County, Montana   

The 7.5′ Strawberry Butte quadrangle in Meagher County, Montana near the southwest margin of the Little Belt Mountains, encompasses two sharply different geologic terranes.  The northern three-quarters of the quadrangle are underlain mainly by Paleoproterozoic granite gneiss, across which Middle Cambrian sedimentary rocks rest unconformably.  An ancestral valley of probable late Eocene age, eroded northwest across the granite gneiss terrane, is filled with Oligocene basalt and overlying Miocene and Oligocene sandstone, siltstone, tuffaceous siltstone, and conglomerate.  The southern quarter of the quadrangle is underlain principally by deformed Mesoproterozoic sedimentary rocks of the Newland Formation, which are intruded by Eocene biotite hornblende dacite dikes.  In this southern terrane, Tertiary strata are exposed only in a limited area near the southeast margin of the quadrangle.  The distinct terranes are juxtaposed along the Volcano Valley fault zone—a zone of recurrent crustal movement beginning possibly in Mesoproterozoic time and certainly established from Neoproterozoic–Early Cambrian to late Tertiary time.  Movement along the fault zone has included normal faulting, the southern terrane faulted down relative to the northern terrane, some reverse faulting as the southern terrane later moved up against the northern terrane, and lateral movement during which the southern terrane likely moved west relative to the northern terrane.  Near the eastern margin of the quadrangle, the Newland Formation is locally the host of stratabound sulfide mineralization adjacent to the fault zone; west along the fault zone across the remainder of the quadrangle are significant areas and bands of hematite and iron-silicate mineral concentrations related to apparent alteration of iron sulfides.  The map defines the distribution of a variety of surficial deposits, including the distribution of hematite-rich colluvium and iron-silicate boulders.  The southeast corner of the quadrangle is the site of active exploration and potential development for copper from the sulfide-bearing strata of the Newland Formation.

          Beatriz Sánchez se desmarca de Allende y genera polémica en el Frente Amplio   
La candidata aseguró que no cree en un Estado totalitario, lo cual provocó una gran controversia en su sector. A pocas horas de la crucial elección primaria del Frente Amplio, la precandidata presidencial y periodista Beatriz Sánchez dio una entrevista a la Revista Paula, la cual ha generado una intensa polémica dentro de su conglomerado. […]
          Weekly Commentary: The Road to Normalization   
The past week provided important support for the “peak monetary stimulus” thesis. There is mounting evidence that global central bankers are monitoring inflating asset prices with heightened concern. The intense focus on CPI is beginning to blur. They would prefer to be on a cautious path toward policy normalization.

June 25 – Financial Times (Claire Jones): “Global financial stability will be in jeopardy if low inflation lulls central banks into not raising interest rates when needed, the Bank for International Settlements has warned. The message about the dangers of sticking too closely to inflation targets comes as central banks in some of the world’s largest economies are considering how to end years of ultra-loose monetary policy after the global financial crisis… ‘Keeping interest rates too low for long could raise financial stability and macroeconomic risks further down the road, as debt continues to pile up and risk-taking in financial markets gathers steam,’ the bank said in its annual report. The BIS acknowledged that raising rates too quickly could cause a panic in markets that have grown used to cheap central bank cash. However, delaying action would mean rates would need to rise further and faster to prevent the next crisis. ‘The most fundamental question for central banks in the next few years is going to be what to do if the economy is chugging along well, but inflation is not going up,’ said Claudio Borio, the head of the BIS’s monetary and economics department… ‘Central banks may have to tolerate longer periods when inflation is below target, and tighten monetary policy if demand is strong — even if inflation is weak — so as not to fall behind the curve with respect to the financial cycle.’ …Mr Borio said many of the factors influencing wage growth were global and would be long-lasting. ‘If, as we think, the forces of globalisation and technology are relevant [in keeping wages low] and have not fully run their course, this will continue to put downward pressure on inflation,’ he said.”

While global markets easily ignored ramifications from the BIS’s (the central bank to central banks) annual report, the same could not be said for less than super dovish comments from Mario Draghi, my nominee for “the world’s most important central banker.”

June 27 – Financial Times (Katie Martin): “What’s that, you say? The ‘R-word’? Judging from the markets, Mario Draghi’s emphasis on reflation changes everything, and highlights the communications challenge lying ahead of the president of the European Central Bank. The ECB’s crisis-fighter-in-chief threw investors into a fit of the vapours on Tuesday when he said he was growing increasingly confident in the currency bloc’s economic recovery, and that ‘deflationary forces have been replaced by reflationary ones’.”

June 27 – Bloomberg (Annie Massa and Elizabeth Dexheimer): “Mario Draghi hinted at how he may sell a gradual unwinding of European Central Bank stimulus. The ECB president repeated his mantra that the Governing Council needs to be patient in letting inflation pressures build in the euro area and prudent in withdrawing support. At the same time, there’s room to tweak existing measures. ‘As the economy continues to recover, a constant policy stance will become more accommodative, and the central bank can accompany the recovery by adjusting the parameters of its policy instruments -- not in order to tighten the policy stance, but to keep it broadly unchanged.’ The comments echo an argument first made by Bundesbank President Jens Weidmann… With his nod to a frequent critic of quantitative easing who has been calling for an end of the 2.3 trillion-euro ($2.6 trillion) program, Draghi may have set the stage for a discussion in the coming months on phasing out asset purchases.”

When the ECB chose not to offer any policy clarification coming out of its June 8th meeting, wishful markets had Draghi holding out until September. The timeline was moved up, with the ECB president using the bank’s annual meeting, held this year in Sintra Portugal, to offer initial thoughts on how the ECB might remove accommodation. Market reaction was swift.

German 10-year bund yields surged 13 bps Tuesday and almost doubled this week to 47bps. French yield jumped 14 bps Tuesday – and 21 bps for the week - to 82 bps. European periphery bonds were under pressure. Italian 10-year yields rose 16 bps Tuesday and 24 bps for the week to 2.16%. Portuguese yields rose 14 bps Tuesday, ending the week at 3.03%. Draghi’s comments rattled bond markets around the globe. Ten-year Treasury yields rose seven bps to 2.21% (up 16 bps for the week), Canadian bonds 11 bps to 1.57% and Australian bonds 10 bps to 2.46%. Emerging market bonds also came under heavy selling pressure, with Eastern European bonds taking a pounding.

June 28 – Bloomberg (Robert Brand): “This is what it sounds like when doves screech. Less than 24 hours Mario Draghi jolted financial markets by saying ‘deflationary forces’ have been replaced by reflationary ones, European Central Bank officials reversed the script, saying markets had misinterpreted the central banker’s comments. What was perceived as hawkish was really meant to strike a balance between recognizing the currency bloc’s economic strength and warning that monetary support is still needed, three Eurosystem officials familiar with policymakers’ thinking said. Their dovish interpretation sparked a rapid unwinding of moves in assets from the euro to stocks and sovereign bonds.”

I don’t see it as the markets misinterpreting Draghi. Understandably, inflated Bubble markets have turned hyper-sensitive to the course of ECB policymaking. The ECB’s massive purchase program inflated a historic Bubble throughout European debt markets, a speculative Bubble that I believe unleashed a surge of global liquidity that has underpinned increasingly speculative securities markets.

If not for massive QE operations from the ECB and BOJ, I believe the 2016 global reversal in bond yields would have likely ushered in a major de-risking/deleveraging episode throughout global markets. Instead, powerful liquidity injections sustained speculative Bubbles throughout global fixed income, in the process spurring blow-off excess throughout global equities and risk assets more generally. Recalling the summer of 2007, everyone is determined to see the dance party rave indefinitely.

First-half QE has been estimated (by Bank of America) at (an incredible) $1.5 TN. Bubbling markets should come as no stunning surprise. At May highs, most European equities indices were sporting double-digit year-to-date gains. The S&P500 returned (price + dividends) almost 10% for the first half, with the more speculative areas of U.S. equities outperforming. The Nasdaq Composite gained 14.1% in the first-half, with the large company Nasdaq 100 (NDX) rising 16.1%. Despite this week’s declines, the Morgan Stanley High Tech index rose 20.3%, and the Semiconductors (SOX) jumped 14.2% y-t-d. The Biotechs (BTK) surged 9.7% during Q2, boosting y-t-d gains to 25.6%. The NYSE Healthcare Index gained 7.7% for the quarter and 15.3% y-t-d. The Nasdaq Transports jumped 9.7% during Q2, with the DJ Transports up 5.3%. The Nasdaq Other Financials rose 7.9% in the quarter.

Central banks have closely collaborated since the financial crisis. While always justifying policy stimulus on domestic grounds, it’s now been almost a decade of central bankers coordinating stimulus measures to address global system fragilities. I doubt the Fed would have further ballooned its balance sheet starting in late-2012 if not for the “European” financial crisis. In early-2016, the ECB and BOJ would not have so aggressively expanded QE programs – and the Fed not postponed “normalization” – if not for global ramifications of a faltering Chinese Bubble. All the talk of downside inflation risk was convenient cover for global crisis worries.

As Mario Draghi stated, the European economy is now on a reflationary footing. At least for now, Beijing has somewhat stabilized the Chinese Bubble. Powered by booming securities markets, global Credit continues to expand briskly. Even in Europe, the employment backdrop has improved markedly. It’s just become difficult for central bankers to fixate on tame consumer price indices with asset prices running wild.

Global market liquidity has become fully fungible, a product of multinational financial institutions, securities lending/finance and derivatives markets. The ECB and BOJ’s ultra-loose policy stances have worked to counteract the Fed’s cautious normalization strategy. Determined to delay the inevitable, Draghi now faces the scheduled year-end expiration of the ECB’s latest QE program, along with an impending shortage of German bunds available for purchase. Behind the scenes and otherwise, Germany is surely losing patience with open-ended “money” printing. This week’s annual ECB gathering provided an opportunity for Draghi to finally get the so-called normalization ball rolling. Despite his cautious approach, markets immediately feared being run over.

June 28 – Bloomberg (Alessandro Speciale): “Mario Draghi just got evidence that his call for ‘prudence’ in withdrawing European Central Bank stimulus applies to his words too. The euro and bond yields surged on Tuesday after the ECB president said the reflation of the euro-area economy creates room to pull back unconventional measures without tightening the stance. Policy makers noted the jolt that showed how hypersensitive investors are to statements that can be read as even mildly hawkish… Draghi’s speech at the ECB Forum in Sintra, Portugal, was intended to strike a balance between recognizing the currency bloc’s economic strength and warning that monetary support is still needed, said the officials…”

June 28 – Bloomberg (James Hertling, Alessandro Speciale, and Piotr Skolimowski): “Global central bankers are coalescing around the message that the cost of money is headed higher -- and markets had better get used to it. Just a week after signaling near-zero interest rates were appropriate, Bank of England Governor Mark Carney suggested on Wednesday that the time is nearing for an increase. His U.S. counterpart, Janet Yellen, said her policy tightening is on track and Canada’s Stephen Poloz reiterated he may be considering a rate hike. The challenge of following though after a decade of easy money was highlighted by European Central Bank President Mario Draghi’s attempt to thread the needle. Financial markets whipsawed as Eurosystem officials walked back comments Draghi made Tuesday that investors had interpreted as signaling an imminent change in monetary policy. ‘The market is very sensitive to the idea that a number of central banks are appropriately and belatedly reassessing the need for emergency policy accommodation,’ said Alan Ruskin, co-head of foreign exchange research at Deutsche Bank AG.”

Draghi and the ECB are hoping to duplicate the Fed blueprint – quite gingerly removing accommodation while exerting minimal impact on bond yields and risk markets more generally: Normalization without a meaningful tightening of financial conditions. This is unrealistic.

Current complacency notwithstanding, turning down the ECB QE spigot will dramatically effect global liquidity dynamics. Keep in mind that the removal of Fed accommodation has so far coincided with enormous counteracting market liquidity injections courtesy of the other major central banks. The ECB will not enjoy a similar luxury. Moreover, global asset prices have inflated significantly over the past 18 months, fueled at least in part by a major increase in speculative leverage.

There are three primary facets to QE dynamics worth pondering as central banks initiate normalization. The first is the size and scope of previous QE operations. The second is the primary target of liquidity-induced market flows. And third, to what extent have central bank measures and associated market flows spurred self-reinforcing speculative leveraging and market distortions. Inarguably, ECB and BOJ-induced flows over recent quarters have been massive. It is also reasonably clear that market flows gravitated primarily to equities and corporate Credit, asset classes demonstrating the most enticing inflationary biases. And there are as well ample anecdotes supporting the view that major speculative leveraging has been integral to myriad Bubbles throughout global risk markets. The now deeply ingrained view that the cadre of global central banks will not tolerate market declines is one of history’s most consequential market distortions.

And while the timing of the removal of ECB and BOJ liquidity stimulus remains uncertain, markets must now at least contemplate an approaching backdrop with less accommodation from the ECB and central banks more generally. With this in mind, Draghi’s comments this week could mark an important juncture for speculative leveraging. Increasingly unstable currency markets are consistent with this thesis. The days of shorting yen and euros and using proceeds for easy profits in higher-yielding currencies appear to have run their course. I suspect de-leveraging dynamics have commenced, though market impact has thus far been muted by ongoing ECB and BOJ liquidity operations.

June 27 – Reuters (William Schomberg, Marc Jones, Jason Lange and Lindsay Dunsmuir): “U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash. ‘Would I say there will never, ever be another financial crisis?’ Yellen said… ‘You know probably that would be going too far but I do think we're much safer and I hope that it will not be in our lifetimes and I don't believe it will be,’ she said.”

While headlines somewhat paraphrased Yellen’s actual comment, “We Will not see Another Crisis in Our Lifetime” is reminiscent of Irving Fisher’s “permanent plateau” just weeks before the great crash of 1929. While on the subject, I never bought into the popular comparison between 2008 and 1929 – and the related notion of 2008 as “the 100-year flood”. The 2008/09 crisis was for the most part a private debt crisis associated with the bursting of a Bubble in mortgage Credit – not dissimilar to previous serial global crises, only larger and somewhat more systemic. It was not, however, a deeply systemic debt crisis akin to the aftermath of 1929, which was characterized by a crisis of confidence in the banking system, the markets and finance more generally, along with a loss of faith in government policy and institutions. But after a decade of unprecedented expansion of government debt and central bank Credit, the stage has now been set for a more systemic 1929-like financial dislocation.

As such, it’s ironic that the Fed has branded the banking system cured and so well capitalized that bankers can now boost dividends, buybacks and, presumably, risk-taking. As conventional central bank thinking goes, a well-capitalized banking system provides a powerful buffer for thwarting the winds of financial crisis. Chair Yellen, apparently, surveys current bank capital levels and extrapolates to systemic stability. Yet the next crisis lurks not with the banks but within the securities and derivatives markets: too much leverage and too much “money” employed in trend-following trading strategies. Too much hedging, speculating and leveraging in derivatives. Market misperceptions and distortions on an epic scale.

Compared to 2008, the leveraged speculating community and the ETF complex are significantly larger and potentially perilous. The derivatives markets are these days acutely more vulnerable to liquidity issues and dislocation. Never have global markets been so dominated by trend-following strategies. It’s a serious issue that asset market performance – stocks, bond, corporate Credit, EM, real estate, etc. – have all become so tightly correlated. There are huge vulnerabilities associated with various markets having become so highly synchronized on a global basis. And in the grand scheme of grossly inflated global securities, asset and derivatives markets, the scope of available bank capital is trivial.

I realize that, at this late stage of the great bull market, such a question sounds hopelessly disconnected. Yet, when markets reverse sharply lower and The Crowd suddenly moves to de-risk, who is left to take the other side of what has become One Gargantuan “Trade”? We’re all familiar with the pat response: “Central banks. They’ll have no choice.” Okay, but I’m more interested in the timing and circumstances.

Central bankers are now signaling their desire to proceed with normalization, along with noting concerns for elevated asset prices. As such, I suspect they will be somewhat more circumspect going forward when it comes to backstopping the markets - than, say, back in 2013 with Bernanke’s “flash crash” or with the China scare of early-2016. Perhaps this might help to explain why the VIX spiked above 15 during Thursday afternoon trading. Even corporate debt markets showed a flash of vulnerability this week.

For the Week:

The S&P500 dipped 0.6% (up 8.2% y-t-d), and the Dow slipped 0.2% (up 8.0%). The Utilities fell 2.5% (up 6.2%). The Banks surged 4.4% (up 4.2%), and the Broker/Dealers jumped 2.6% (up 9.8%). The Transports rose 1.9% (up 5.7%). The S&P 400 Midcaps added 0.2% (up 5.2%), while the small cap Russell 2000 was unchanged (up 4.3%). The Nasdaq100 dropped 2.7% (up 16.1%), and the Morgan Stanley High Tech index sank 3.0% (up 20.3%). The Semiconductors were hit 4.9% (up 14.2%). The Biotechs dropped 3.9% (up 25.5%). With bullion dropping $15, the HUI gold index sank 4.5% (up 1.9%).

Three-month Treasury bill rates ended the week at 100 bps. Two-year government yields gained four bps to 1.38% (up 19bps y-t-d). Five-year T-note yields rose 13 bps to 1.89% (down 4bps). Ten-year Treasury yields jumped 16 bps to 2.30% (down 14bps). Long bond yields increased 12 bps to 2.84% (down 23bps).

Greek 10-year yields were little changed at 5.36% (down 166bps y-t-d). Ten-year Portuguese yields rose 10 bps to 3.03% (down 72bps). Italian 10-year yields surged 24 bps to 2.16% (up 35bps). Spain's 10-year yields jumped 16 bps to 1.54% (up 16bps). German bund yields surged 21 bps to 0.47% (up 26bps). French yields rose 21 bps to 0.82% (up 14bps). The French to German 10-year bond spread was unchanged at 35 bps. U.K. 10-year gilt yields jumped 23 bps to 1.26% (up 2bps). U.K.'s FTSE equities index fell 1.5% (up 11.2%).

Japan's Nikkei 225 equities index declined 0.5% (up 4.8% y-t-d). Japanese 10-year "JGB" yields gained three bps to 0.09% (up 5bps). France's CAC40 sank 2.8% (up 5.3%). The German DAX equities index was hit 3.2% (up 7.4%). Spain's IBEX 35 equities index fell 1.8% (up 11.7%). Italy's FTSE MIB index declined 1.2% (up 7.0%). EM equities were mostly higher. Brazil's Bovespa index rallied 3.0% (up 4.4%), and Mexico's Bolsa gained 1.8% (up 9.2%). South Korea's Kospi increased 0.6% (up 18%). India’s Sensex equities index declined 0.7% (up 16.1%). China’s Shanghai Exchange rose 1.1% (up 2.9%). Turkey's Borsa Istanbul National 100 index added 0.8% (up 28.5%). Russia's MICEX equities index gained 0.6% (down 15.8%).

Junk bond mutual funds saw outflows of $1.735 billion (from Lipper).

Freddie Mac 30-year fixed mortgage rates dipped two bps to 3.88% (up 40bps y-o-y). Fifteen-year rates were unchanged at 3.17% (up 39bps). The five-year hybrid ARM rate gained three bps to 3.17% (up 47bps). Bankrate's survey of jumbo mortgage borrowing costs had 30-yr fixed rates up a basis point to 4.01% (up 34bps).

Federal Reserve Credit last week added $0.8bn to $4.431 TN. Over the past year, Fed Credit declined $5.0bn. Fed Credit inflated $1.620 TN, or 58%, over the past 242 weeks. Elsewhere, Fed holdings for foreign owners of Treasury, Agency Debt jumped another $17.9bn last week to $3.310 TN. "Custody holdings" were up $83bn y-o-y, 2.6%.

M2 (narrow) "money" supply last week slipped $4.3bn to $13.510 TN. "Narrow money" expanded $686bn, or 5.4%, over the past year. For the week, Currency increased $2.7bn. Total Checkable Deposits fell $12.7bn, while Savings Deposits gained $6.9bn. Small Time Deposits were little changed. Retail Money Funds fell $4.1bn.

Total money market fund assets added $4.2bn to $2.621 TN. Money Funds fell $96bn y-o-y (3.5%).

Total Commercial Paper declined $5.4bn to $973.6bn. CP declined $77bn y-o-y, or 7.4%.

Currency Watch:

The U.S. dollar index fell 1.7% to 95.628 (down 6.6% y-t-d). For the week on the upside, the Swedish krona increased 3.4%, the British pound 2.4%, the Canadian dollar 2.3%, the euro 2.1%, the Australian dollar 1.6%, the Norwegian krone 1.3%, the Swiss franc 1.2%, the Brazilian real 1.1%, the Singapore dollar 0.8% and the New Zealand dollar 0.7%. For the week on the downside, the South African rand declined 1.6%, the Japanese yen 1.0%, the Mexican peso 0.6% and the South Korean won 0.4%. The Chinese renminbi gained 0.82% versus the dollar this week (up 2.42% y-t-d).

Commodities Watch:

The Goldman Sachs Commodities Index surged 5.3% (down 6.5% y-t-d). Spot Gold declined 1.2% to $1,242 (up 7.7%). Silver slipped 0.5% to $16.627 (up 4.0%). Crude rallied $3.03 to $46.04 (down 15%). Gasoline jumped 5.6% (down 9%), and Natural Gas rose 3.6% (down 19%). Copper gained 2.9% (up 8%). Wheat surged 11.1% (up 29%). Corn jumped 4.2% (up 8%).

Trump Administration Watch:

June 27 – Bloomberg (Steven T. Dennis and Laura Litvan): “Senate Majority Leader Mitch McConnell’s decision to delay a vote on health-care legislation came as a relief to some Republican holdouts, but it sets off what will be a furious few weeks of talks to deliver on the GOP’s seven-year promise to repeal the Affordable Care Act. Senate Republicans went to the White House Tuesday afternoon to meet with President Donald Trump, who also promised his political supporters he would do away with Obamacare. ‘We’re going to solve the problem,’ the president told senators. But Trump also conceded the possibility that the health bill wouldn’t pass. ‘If we don’t get it done, it’s just going to be something that we’re not going to like,’ he said… ‘And that’s OK, and I understand that very well.’”

June 29 – Reuters: “Congress will need to raise the nation's debt limit and avoid defaulting on loan payments by ‘early to mid-October,’ the Congressional Budget Office said in a report… Treasury Secretary Steve Mnuchin has encouraged Congress to raise the limit before the legislative body leaves for their August recess. But it remains unclear if a bipartisan agreement has been struck to allow the limit to be raised, as both chambers continue to be weighed down by health care and tax reform and trying to find an agreement to fund the government after the September 30 deadline.”

June 30 – CNBC (Fred Imbert): “President Donald Trump's White House is ‘hell-bent’ on imposing tariffs on steel and other imports, Axios reported Friday. The plan — which was pushed by Commerce Secretary Wilbur Ross and was supported by National Trade Council Peter Navarro, and policy adviser Stephen Miller — would potentially impose tariffs in the 20% range… During a ‘tense’ meeting Monday, the president made it clear he favors tariffs, yet the plan was met with heavy opposition by most officials in the room, with one telling Axios about 22 were against it and only three in favor, including Trump.”

June 29 – Financial Times (Stefan Wagstyl): “Angela Merkel threw down the gauntlet to Donald Trump as Germany’s chancellor pledged to fight at next week’s G20 summit for free trade, international co-operation and the Paris climate change accord. In a combative speech on Thursday in the German parliament, Ms Merkel also promised to focus on reinforcing the EU, in close co-operation with France, despite the pressing issue of Brexit. But in a sign that it may be difficult to maintain European unity around a tough approach to Mr Trump, Ms Merkel later softened her tone, as she prepares to host G20 leaders in Hamburg next Friday.”

June 27 – Bloomberg (Joe Light): “Two U.S. senators working on a bipartisan overhaul of Fannie Mae and Freddie Mac are seriously considering a plan that would break up the mortgage-finance giants, according to people with knowledge of the matter. The proposal by Tennessee Republican Bob Corker and Virginia Democrat Mark Warner would attempt to foster competition in the secondary mortgage market… Corker and Warner’s push to develop a plan marks Congress’ latest attempt to figure out what to do with Fannie and Freddie, an issue that has vexed lawmakers ever since the government took control of the companies in 2008 as the housing market cratered. The lawmakers’ plan is still being developed, and a Senate aide who asked not to be named cautioned that no decisions had been made on any issues.”

China Bubble Watch:

June 25 – Financial Times (Minxin Pei): “The Chinese government has just launched an apparent crackdown on a small number of large conglomerates known in the west chiefly for their aggressive dealmaking. The list includes Dalian Wanda, Anbang, Fosun and HNA Group. The news that Chinese banking regulators have asked lenders to examine their exposure to these companies has sent the stocks of groups wholly or partly owned by these conglomerates tumbling in Shanghai and Hong Kong. Obviously, the market was caught by surprise. But it should not be… The immediate trigger is Beijing’s growing alarm over the risks in China’s financial sector and attempt to cut capital outflows. In late April, President Xi Jinping convened a politburo meeting specifically focused on stability in the financial system. Foreshadowing the crackdown, he ordered that those ‘financial crocodiles’ that destabilise China’s financial system must be punished.”

June 26 – Wall Street Journal (Anjani Trivedi): “As Beijing looks to rein in companies that have splurged on overseas deals, it is talking up the systemic risks to its financial system. But just how serious is the problem? After all, for years Beijing has urged leading companies to ‘go global,’ and encouraged banks to support them with lending. Its words were taken to heart: Companies like sprawling conglomerate HNA Group and insurer Anbang pushed the country’s outbound acquisitions to more than $200 billion last year… Now… regulators are investigating leverage and risks at banks associated with China Inc.’s bulging overseas deals. It’s clear that Chinese banks are already heavily exposed to China’s big deal makers through basic lending. Chinese lenders had extended more than 500 billion yuan ($73.14bn) of loans to HNA alone as of last year…”

June 26 – Bloomberg: “China may finally be ready to cut the cord when it comes to the country’s troubled local government financing vehicles. Beijing’s deleveraging drive has seen rules impacting LGFV debt refinancing tightened, spurring a slump in issuance by the vehicles, which owe about 5.6 trillion yuan ($818bn) to bondholders and are seen by some as the poster children for China’s post-financial crisis debt woes. Signs the authorities may be taking a less sympathetic view of the sector has ratings companies flagging the possibility that 2017 could see the first ever default by a local financing vehicle.”

June 29 – Reuters (Yawen Chen and Thomas Peter): “The struggles of China's small and medium-sized firms have grown so acute that many are expected to become unprofitable or even go belly-up this year, boding ill for an economy running short on strong growth drivers. The companies - which account for over 60% of China's $11 trillion gross domestic product - have entered the most challenging funding environment in years as Beijing cracks down on easy credit to contain a dangerous debt build-up. Many of the firms - mostly in the industrial, transport, wholesale, retail, catering and accommodation sectors - are already grappling with soaring costs, fierce competition and thinning profits. The strains faced by small and medium-sized enterprises (SMEs) are expected to grow more visible as Beijing deflates a real estate bubble and eases infrastructure spending to dial back its fiscal stimulus.”

June 29 – Reuters (Leika Kihara and Stanley White): “One of Chinese banks’ favorite tools for increasing leverage has staged a remarkable but worrisome comeback just two months after a regulatory crackdown on leveraged investment… Chinese banks’ issuance of negotiable certificates of deposit in June nearly hit the high recorded in March… NCDs, a type of short-term loan, have become extremely popular in recent years with Chinese banks, especially smaller lenders due to their weaker ability to attract deposits. During a clampdown on runaway debt in April, Chinese regulators warned banks against abusing the tool for speculative, leveraged bets in capital markets. But after a deep but brief drop, NCD issuance has risen again as regulatory attention appeared to ease in recent weeks, hitting 1.96 trillion yuan ($287.73bn) this month, up sharply from 1.23 trillion yuan in May and just a touch below March’s record 2.02 trillion yuan."

June 28 – Financial Times (Gabriel Wildau): “Capital flight disguised as overseas tourism spending has artificially cut China’s reported trade surplus while masking the extent of investment outflows, according to research by the US Federal Reserve. A significant share of overseas spending classified in official data as travel-related shopping, entertainment and hospitality may over a 12-month period have instead been used for investment in financial assets and real estate, the Fed paper argued… Disguised capital outflows in the year to September may have amounted to $190bn, or 1.7% of gross domestic product… Chinese households have in recent years looked at ways to skirt government-imposed limitations on foreign investment as its economy slowed and the renminbi depreciated.”

June 28 – Bloomberg (Joe Ryan): “As Elon Musk races to finish building the world’s biggest battery factory in the Nevada desert, China is poised to leave him in the dust. Chinese companies have plans for additional factories with the capacity to pump out more than 120 gigawatt-hours a year by 2021, according to a report… by Bloomberg Intelligence. That’s enough to supply batteries for around 1.5 million Tesla Model S vehicles or 13.7 million Toyota Prius Plug-in Hybrids per year… By comparison, when completed in 2018, Tesla Inc.’s Gigafactory will crank out up to 35 gigawatt-hours of battery cells annually.”

June 28 – CNBC (Geoff Cutmore): “China's economic growth will accelerate because the country will finally get leaders who aren't scared, a former advisor to China's central bank said Wednesday. ‘The most important reason is that there is a new group of officials being appointed ... (who will emerge) around the 19th Party Congress which will be in mid to late October,’ said Li Daokui, who is now Dean of the Schwarzman College at Tsinghua University in Beijing. …Li said the Chinese economy will grow 6.9 to 7 percent by 2018 from 6.7 percent in 2017. China posted 6.7% GDP growth in 2016, the slowest in 26 years. ‘These (new) officials have been carefully, carefully scrutinized before they are appointed so they are clean. They are not worried about becoming targets of anti-corruption investigations,’ he added.”

Europe Watch:

June 26 – Bloomberg (Sonia Sirletti and Alexander Weber): Italy orchestrated its biggest bank rescue on record, committing as much as 17 billion euros ($19bn) to clean up two failed banks in one of its wealthiest regions, a deal that raises questions about the consistency of Europe’s bank regulations. The intervention at Banca Popolare di Vicenza SpA and Veneto Banca SpA includes state support for Intesa Sanpaolo SpA to acquire their good assets for a token amount… Milan-based Intesa can initially tap about 5.2 billion euros to take on some assets without hurting capital ratios, Padoan said. The European Commission approved the plan.”

June 28 – Reuters (Gernot Heller and Joseph Nasr): “Finance Minister Wolfgang Schaeuble… underscored Germany's concerns about what he called a regulatory loophole after the EU cleared Italy to wind up two failed banks at a hefty cost to local taxpayers. Schaeuble told reporters that Europe should abide by rules enacted after the 2008 collapse of U.S. financial services firm Lehman Brothers that were meant to protect taxpayers. Existing European Union guidelines for restructuring banks aimed to ensure ‘what all political groups wanted: that taxpayers will never again carry the risks of banks,’ he said. Italy is transferring the good assets of the two Veneto lenders to the nation's biggest retail bank, Intesa Sanpaolo (ISP.MI), as part of a transaction that could cost the state up to 17 billion euros ($19 billion).”

June 25 – Reuters (Balazs Koranyi and Erik Kirschbaum): “The time may be nearing for the European Central Bank to start discussing the end of unprecedented stimulus as growth and inflation are both moving in the right direction, Bundesbank president Jens Weidmann told German newspaper Welt am Sonntag. Weidmann, who sits on the ECB's rate-setting Governing Council, also said that the bank should not make any further changes to the key parameters of its bond purchase scheme, comments that signal opposition to an extension of asset buys since the ECB will soon hit its German bond purchase limits. Hoping to revive growth and inflation, the ECB is buying 2.3 trillion euros worth of bonds…, a scheme known as quantitative easing and long opposed by Germany… The purchases are set to run until December and the ECB will decide this fall whether to extend it… ‘As far as a possible extension of the bonds-buying program goes, this hasn't yet been discussed in the ECB Council,’ Weidmann told the newspaper…”

June 26 – Bloomberg (Carolynn Look): “It seems the sky is the limit for Germany’s economy. Business confidence -- logging its fifth consecutive increase -- jumped to the highest since 1991 this month, underpinning optimism by the Bundesbank that the upswing in Europe’s largest economy is set to continue. With domestic demand supported by a buoyant labor market, risks to growth stem almost exclusively from global forces. ‘Sentiment among German businesses is jubilant,’ Ifo President Clemens Fuest said… ‘Germany’s economy is performing very strongly.’”

June 29 – Reuters (Pete Schroeder and David Henry): “German inflation probably accelerated in June, regional data suggested on Thursday, suggesting a solid upswing in the economy is pushing up price pressures as euro zone inflation moves closer to the European Central Bank's target. The data comes only days after ECB head Mario Draghi hinted that the bank's asset-purchase program would become less accommodative going into 2018 as regional growth gains pace and inflation trends return following a period of falling prices. In another sign of rising price pressures in the 19-member single currency bloc, Spanish consumer prices rose more than expected in June… In the German state of Hesse, annual inflation rose to 1.9% in June from 1.7% in May…”

June 28 – Reuters (Gavin Jones and Steve Scherer): “He is an 80-year-old convicted criminal whose last government ended with Italy on the brink of bankruptcy - and he may well be kingmaker at the next election within a year. Mayoral elections on Sunday showed four-time Prime Minister Silvio Berlusconi's center-right Forza Italia party remains a force to be reckoned with... ‘Berlusconi sees this as the last challenge of his career,’ said Renato Brunetta, a close ally for over 20 years and Forza Italia's lower house leader. ‘He feels he has suffered many injustices and deserves one last shot. Who can deny him that?’ Matteo Renzi, leader of the ruling Democratic Party (PD), and Beppe Grillo's anti-establishment 5-Star Movement have dominated the national scene in recent years, relegating Forza Italia to a distant third or fourth in the polls. Yet in the mayoral ballots, Forza Italia and its anti-immigrant Northern League allies trounced the PD and 5-Star in cities all over the country, suggesting they have momentum behind them just as the national vote comes into view.”

Central Bank Watch:

June 27 – Wall Street Journal (Tom Fairless): “The euro soared to its biggest one-day gain against the dollar in a year and eurozone bond prices slumped after European Central Bank President Mario Draghi hinted the ECB might start winding down its stimulus in response to accelerating growth in Europe. Any move by the ECB toward reducing bond purchases would put it on a similar policy path as the Federal Reserve, which first signaled an intent to taper its own stimulus program in 2013. But the ECB is likely to remain far behind: The Fed has been raising interest rates gradually since December 2015, while the ECB’s key rate has been negative since June 2014. Mr. Draghi’s comments, made Tuesday at the ECB’s annual economic policy conference in Portugal, were laced with caution and caveats. But investors interpreted them as a cue to buy euros and sell eurozone bonds, a reversal of a long-term trade that has benefited from the central bank’s €60 billion ($67.15bn) of bond purchases each month. ‘All the signs now point to a strengthening and broadening recovery in the euro area,’ Mr. Draghi said.”

June 28 – Financial Times (Dan McCrum and Chris Giles in London and Claire Jones): “Bond and currency markets whipsawed on Wednesday as Europe’s two most influential central bankers struggled to communicate to investors how they would exit from years of crisis-era economic stimulus policies. The euro surged to a 52-week high against the dollar after investors characterised remarks by Mario Draghi as a signal he was preparing to taper the European Central Bank’s bond-buying scheme — only to drop almost a full cent after senior ECB figures made clear he had been misinterpreted. Similarly, the British pound jumped 1.2% to $1.2972 after Mark Carney, Bank of England governor, said he was prepared to raise interest rates if UK business activity increased — just a week after saying ‘now is not yet the time’ for an increase. The sharp moves and sudden reversals over two days of heavy trading highlight the acute sensitivity of financial markets to any suggestion of a withdrawal of stimulus measures after a prolonged period of monetary accommodation.”

June 25 – Reuters (Marc Jones): “Major central banks should press ahead with interest rate increases, the Bank for International Settlements said…, while recognizing that some turbulence in financial markets will have to be negotiated along the way. The BIS, an umbrella body for leading central banks, said in one of its most upbeat annual reports for years that global growth could soon be back at long-term average levels after a sharp improvement in sentiment over the past year. Though pockets of risk remain because of high debt levels, low productivity growth and dwindling policy firepower, the BIS said policymakers should take advantage of the improving economic outlook and its surprisingly negligible effect on inflation to accelerate the ‘great unwinding’ of quantitative easing programs and record low interest rates.”

Brexit Watch:

June 27 – Reuters (Guy Faulconbridge and Kate Holton): “Prime Minister Theresa May struck a deal on Monday to prop up her minority government by agreeing to at least 1 billion pounds ($1.3bn) in extra funding for Northern Ireland in return for the support of the province's biggest Protestant party. After over two weeks of talks and turmoil sparked by May's failure to win a majority in a June 8 snap election, she now has the parliamentary numbers to pass a budget and a better chance of passing laws to take Britain out of the European Union.”

Global Bubble Watch:

June 28 – Wall Street Journal (Richard Barley): “Sometimes financial markets are surprisingly bad at connecting the dots—until they can’t ignore the picture forming before their eyes. The screeching U-turn in bond markets is a good example. The world’s central banks are sending out a message that loose monetary policy can’t last forever. The shift is mainly rhetorical, and action may yet be some way off. But expectations matter, as they did when the Federal Reserve indicated in 2013 that its quantitative-easing program could be wound down. That caused global bond yields to surge, led by the U.S., and sparked extended turmoil in emerging markets. This time, the bond reversal has been centered on Europe. Ten-year German bund yields started Tuesday just below 0.25%, but by Wednesday afternoon stood at 0.37%. That helped lift bond yields elsewhere, since low German yields have been acting as an anchor. The selloff in the bund Tuesday was the worst in 22 months…”

June 28 – Reuters (Sujata Rao): “Global debt levels have climbed $500 billion in the past year to a record $217 trillion, a new study shows, just as major central banks prepare to end years of super-cheap credit policies. World markets were jarred this week by a chorus of central bankers warning about overpriced assets, excessive consumer borrowing and the need to begin the process of normalizing world interest rates from the extraordinarily low levels introduced to offset the fallout of the 2009 credit crash. This week, U.S. Federal Reserve chief Janet Yellen has warned of expensive asset price valuations, Bank of England Governor Mark Carney has tightened controls on bank credit and European Central Bank head Mario Draghi has opened the door to cutting back stimulus, possibly as soon as September. Years of cheap central bank cash has delivered a sugar rush to world equity markets, pushing them to successive record highs. But another side effect has been explosive credit growth as households, companies and governments rushed to take advantage of rock-bottom borrowing costs. Global debt, as a result, now amounts to 327% of the world's annual economic output, the Institute of International Finance (IIF) said in a report…”

June 26 – Bloomberg (Garfield Clinton Reynolds and Adam Haigh): “Greed seems to be running the show in global markets. Fear has fled, and that may be the biggest risk of all. Currency volatility just hit a 20-month low, Treasury yields are in their narrowest half-year trading range since the 1970s and the U.S. equities fear gauge, the VIX, is stuck near a two-decade nadir. While markets have signaled complacency in the face of Middle East tensions, the withdrawal of Federal Reserve stimulus and President Donald Trump’s tweetstorms, the Bank for International Settlements flagged on Sunday that low volatility can spur risk-taking with the potential to unwind quickly.”

June 27 – Bloomberg (Annie Massa and Elizabeth Dexheimer): “The growing market for exchange-traded funds hasn’t been fully put to the test, according to one of the top U.S. speed trading firms. Ari Rubenstein, chief executive officer and co-founder of Global Trading Systems LLC, told lawmakers… that while investment dollars have flooded the U.S. ETF market, the new order has not endured an extreme period of stress. Volatility, a measure of market uncertainty, has remained low. ‘In some ways the markets are a bit untested,’ Rubenstein said… ‘It’s definitely something we should talk about to make sure industry participants are prepared in those instruments.’”

June 29 – Financial Times (Javier Espinoza): “Private equity buyouts have enjoyed the strongest start to a year since before the financial crisis as fund managers have come under intense pressure from investors to deploy some of the record amount of capital they hold. The volume of deals involving private equity firms climbed 29% to $143.7bn in the first half of the year, the highest level since 2007, according to… Thomson Reuters.”

June 27 – Bloomberg (Enda Curran and Stephen Engle): “Investors aren’t sufficiently pricing in a growing threat to economic and financial market stability from geopolitical risks, and the latest global cyberattack is an example of the damage that can be wreaked on trade, Cornell University Professor Eswar Prasad said. His remarks came as a virus similar to WannaCry reached Asia after spreading from Europe to the U.S. overnight, hitting businesses, port operators and government systems.”

Fixed Income Bubble Watch:

June 27 – CNBC (Ann Saphir): “Bond investors may soon pay a hefty price for being too pessimistic about the economy, according to portfolio manager Joe Zidle. Zidle, who is with Richard Bernstein Advisors, believes the vast amount of money flowing into long-duration bonds is signaling a costly mistake. ‘Last week alone, there is a 20-year plus treasury bond ETF that in one week got more inflows than all domestic equity mutual funds, and all domestic equity ETFs combined year-to-date,’ he said… He added: ‘I think investors are going to be in a real painful trade.’”

June 26 – Bloomberg (Mary Williams Walsh): “The United States Virgin Islands is best known for its powdery beaches and turquoise bays, a constant draw for the tourists who frequent this tiny American territory. Yet away from the beaches the mood is ominous, as government officials scramble to stave off the same kind of fiscal collapse that has already engulfed its neighbor Puerto Rico. The public debts of the Virgin Islands are much smaller than those of Puerto Rico, which effectively declared bankruptcy in May. But so is its population, and therefore its ability to pay. This tropical territory of roughly 100,000 people owes some $6.5 billion to pensioners and creditors.”

Federal Reserve Watch:

June 28 – Bloomberg (Jill Ward, Lucy Meakin, and Christopher Condon): “Federal Reserve Chair Janet Yellen gave no indication her plans for continued monetary policy tightening had shifted while acknowledging that some asset prices had become ‘somewhat rich.’ ‘We’ve made very clear that we think it will be appropriate to the attainment of our goals to raise interest rates very gradually,’ she said… In her first public remarks since the U.S. central bank hiked rates on June 14, Yellen said that asset valuations, by some measures ‘look high, but there’s no certainty about that.’ ‘Asset valuations are somewhat rich if you use some traditional metrics like price earnings ratios, but I wouldn’t try to comment on appropriate valuations, and those ratios ought to depend on long-term interest rates,” she said.”

June 27 – Bloomberg (Christopher Condon): “Federal Reserve Vice Chairman Stanley Fischer pointed to higher asset prices as well as increased vulnerabilities for both household and corporate borrowers in warning against complacency when gauging the safety of the global financial system. ‘There is no doubt the soundness and resilience of our financial system has improved since the 2007-09 crisis,’ Fischer said… ‘However, it would be foolish to think we have eliminated all risks.’”

June 28 – Bloomberg (Luke Kawa): “When a trio of Federal Reserve officials delivered remarks on Tuesday, the state of U.S. financial markets came in for a little bit of criticism. When all was said and done, U.S. equities sank the most in six weeks, yields on 10-year Treasuries rose and the dollar weakened to the lowest level versus the euro in 10 months. Fed Chair Janet Yellen said that asset valuations, by some measures ‘look high, but there’s no certainty about that.’ Earlier, San Francisco Fed President John Williams said the stock market ‘seems to be running very much on fumes’ and that he was ‘somewhat concerned about the complacency in the market.’ Fed Vice-Chair Stanley Fischer suggested that there had been a ‘notable uptick’ in risk appetite that propelled valuation ratios to very elevated levels.”

June 27 – Reuters (Guy Faulconbridge and Kate Holton): “With the U.S. economy at full employment and inflation set to hit the Federal Reserve's 2% target next year, the U.S. central bank needs to keep raising rates gradually to keep the economy on an even keel, a Fed policymaker said… ‘If we delay too long, the economy will eventually overheat, causing inflation or some other problem,’ San Francisco Fed President John Williams said… ‘Gradually raising interest rates to bring monetary policy back to normal helps us keep the economy growing at a rate that can be sustained for a longer time.’”

June 29 – Financial Times (Alistair Gray and Barney Jopson): “Regulators have given US banks the go-ahead to pay out almost all their earnings to shareholders this year in a signal of their confidence in the health of the financial system. The Federal Reserve has given the green light to a record level of post-crisis distributions, including an estimated total of almost $100bn from the six largest banks. All 34 institutions passed the second part of its annual stress test, although the Fed did call out weaknesses in capital planning at Capital One… The big six US banks — Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, JPMorgan Chase and Wells Fargo — are set to return to shareholders between $95bn and $97bn over the next four quarters, according to RBC Capital Markets analyst Gerard Cassidy. That is about 50% more than they were able to hand out after last year’s exam.”

U.S. Bubble Watch:

June 27 – Wall Street Journal (Shibani Mahtani and Douglas Belkin): “This is what happens when a major American state lets its bills stack up for two years. Hospitals, doctors and dentists don’t get paid for hundreds of millions of dollars of patient care. Social-service agencies help fewer people. Public universities and the towns that surround them suffer. The state’s bond rating falls to near junk status. People move out. A standoff in Illinois between Republican Governor Bruce Rauner and Democratic Speaker of the House Michael Madigan over spending and term limits has left Illinois without a budget for two years. State workers and some others are still getting paid because of court orders and other stopgap measures, but bills for many others are piling up. The unpaid backlog is now $14.6 billion and growing.”

June 28 – Bloomberg Business Week (Elizabeth Campbell and John McCormick): “Two years ago, Illinois’s budget impasse meant that the state’s lottery winners had to wait for months to get their winnings. Now, with $15 billion in unpaid bills, Illinois is on the brink of being unable to even sell Powerball tickets. For the third year in a row, the state is poised to begin its fiscal year on July 1 with no state budget and billions of dollars in the red. If that happens, S&P Global Ratings says Illinois will probably lose its ­investment-grade status and become the first U.S. state on record to have its general obligation debt rated as junk. Illinois is already the worst-rated state at BBB-, S&P’s lowest investment-grade rating. The state owes at least $800 million in interest and late fees on its unpaid bills.”

June 26 – Wall Street Journal (Lev Borodovsky): “Commercial real estate prices are starting to roll over after reaching record highs, capping a long postcrisis rally. While there is no sign that a decline would mean imminent danger for the economy, Federal Reserve Bank of Boston President Eric Rosengren recently warned that valuations represent a risk he ‘will continue to watch carefully.’ So far, prices have proven resilient, reflecting in part the unexpected 2017 decline of interest rates and the rising capital flows from diverse sources such as U.S. pensions and overseas investors.”

June 28 – Wall Street Journal (Chris Dieterich): “Booming demand for passive investments is making exchange-traded funds an increasingly crucial driver of share prices, helping to extend the long U.S. stock rally even as valuations become richer and other big buyers pare back. ETFs bought $98 billion in U.S. stocks during the first three months of this year, on pace to surpass their total purchases for 2015 and 2016 combined… These funds owned nearly 6% of the U.S. stock market in the first quarter—their highest level on record—according to an analysis of Fed data by Goldman Sachs… Surging demand for ETFs this year has to an unprecedented extent helped fuel the latest leg higher for the eight-year stock-market rally.”

June 27 – Reuters (Kimberly Chin): “U.S. single-family home prices rose in April due to tight inventory of houses on the market and low mortgage rates… and economists see no imminent change in the trend. The S&P CoreLogic Case-Shiller composite index of 20metropolitan areas rose 5.7% in April on a year-over-year basis after a 5.9% gain in March, which matched the fastest pace in nearly three years.”

June 27 – Bloomberg (Andrew Mayeda): “The International Monetary Fund cut its outlook for the U.S. economy, removing assumptions of President Donald Trump’s plans to cut taxes and boost infrastructure spending to spur growth. The IMF reduced its forecast for U.S. growth this year to 2.1%, from 2.3% in the fund’s April update to its world economic outlook. The… fund also cut its projection for U.S. growth next year to 2.1%, from 2.5% in April.”

Japan Watch:

June 29 – Reuters (Leika Kihara and Stanley White): “Japan's industrial output fell faster in May than at any time since the devastating earthquake of March 2011 while inventories hit their highest in almost a year, suggesting a nascent economic recovery may stall before it gets properly started. Household spending also fell in May, leaving the Bank of Japan's 2% target seemingly out of reach.”

EM Watch:

June 28 – Reuters (Brad Brooks and Silvio Cascione): “President Michel Temer called a corruption charge filed against him by Brazil's top prosecutor a ‘fiction’ on Tuesday, as the nation's political crisis deepened under the second president faced with possible removal from office in just over a year. Temer, who was charged Monday night with arranging to receive millions of dollars in bribes, said the move would hurt Brazil's economic recovery and possibly paralyze efforts at reform. The conservative leader said executives of the world's biggest meatpacker, JBS SA , who accused him in plea-bargain testimony of arranging to take 38 million reais ($11.47 million) in bribes in the coming months, did so only to escape jail for their own crimes.”

Geopolitical Watch:

June 29 – New York Times (Nicole Perlroth and David E. Sanger): “Twice in the past month, National Security Agency cyberweapons stolen from its arsenal have been turned against two very different partners of the United States — Britain and Ukraine. The N.S.A. has kept quiet, not acknowledging its role in developing the weapons. White House officials have deflected many questions, and responded to others by arguing that the focus should be on the attackers themselves, not the manufacturer of their weapons. But the silence is wearing thin for victims of the assaults, as a series of escalating attacks using N.S.A. cyberweapons have hit hospitals, a nuclear site and American businesses. Now there is growing concern that United States intelligence agencies have rushed to create digital weapons that they cannot keep safe from adversaries or disable once they fall into the wrong hands.”

June 28 – New York Times (Sheera Frenkel, Mark Scott and Paul Mozur): “As governments and organizations around the world grappled… with the impact of a cyberattack that froze computers and demanded a ransom for their release, victims received a clear warning from security experts not to pay a dime in the hopes of getting back their data. The hackers’ email address was shut down and they had lost the ability to communicate with their victims, and by extension, to restore access to computers. If the hackers had wanted to collect ransom money, said cybersecurity experts, their attack was an utter failure. That is, if that was actually their goal. Increasingly sophisticated ransomware assaults now have cybersecurity experts questioning what the attackers are truly after. Is it money? Mayhem? Delivering a political message?”

June 25 – Reuters: “Qatar is reviewing a list of demands presented by four Arab states imposing a boycott on the wealthy Gulf country, but said on Saturday the list was not reasonable or actionable. ‘We are reviewing these demands out of respect for ... regional security and there will be an official response from our ministry of foreign affairs,’ Sheikh Saif al-Thani, the director of Qatar's government communications office, said… Saudi Arabia, Egypt, Bahrain and the United Arab Emirates, which imposed a boycott on Qatar, issued an ultimatum to Doha to close Al Jazeera, curb ties with Iran, shut a Turkish military base and pay reparations among other demands.”

June 27 – Reuters (Foo Yun Chee): “EU antitrust regulators hit Alphabet unit Google with a record 2.42-billion-euro ($2.7bn) fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones. It is the biggest fine the EU has ever imposed on a single company in an antitrust case, exceeding a 1.06-billion-euro sanction handed down to U.S. chipmaker Intel in 2009. The European Commission said the world's most popular internet search engine has 90 days to stop favoring its own shopping service or face a further penalty per day of up to 5% of Alphabet's average daily global turnover.”
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          Warren Buffett's Berkshire Hathaway to become Bank of America's largest shareholder - USA TODAY   


Warren Buffett's Berkshire Hathaway to become Bank of America's largest shareholder
Warren Buffett is bullish on banks. Berkshire Hathaway, the investment conglomerate controlled by the billionaire, plans to spend $5 billion to buy 700 million shares of Bank of America next quarter, exercising its warrants to become the bank's largest ...
Warren Buffett's Bank Of America Rescue Was His Crisis-Era MasterpieceForbes
Warren Buffett just made a quick $12 billion on a clever Bank of America investmentCNBC
Buffett's company to become Bank of America's top shareholderReuters
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          Edición 625 del Sábado 02 de Abril de 2011   


La hipocresía no resistirá el peso de la historia; pues, tiene raíz en la amargura e intolerancia.
El tiempo la marchitará, los escrutadores de la verdad la desecharán y los honrados ciudadanos juzgarán su traición.
Entonces, los auténticos héroes de la Nación resplandecerán con mayor fulgor en la memoria colectiva; y su bronce, alcanzado sin mácula atestiguará por siempre su grandeza, esencia incorruptible de la Patria

Tanti, 2 de abril de 2011.
Excombatientes de Malvinas
En honor a los caídos en combate,
En defensa de los intereses de la Patria,


Estimada María Cristina, quería hacerte participe de la hermosa e instructiva experiencia que tuvimos el sábado a la mañana en villa Flor Serrana cuando un Chevette estacionó cerca de mi casa y bajo 3 cajas, como tenemos siempre el temor que en ellas traigan parrillas y prendan fuego donde esta prohibido por los bomberos nos acercamos para advertirles que no se podía hacer fuego , en fin toda la perorata que le hacemos a los pseudos turistas que hacen desastres y dejan toda su basura desparramadas, pero nos dimos con la gratísima sorpresa que era un colombófilo que traía sus palomas mensajeras para que comenzaran sus vuelos de preparación, muy gentilmente nos dio una clase y mis nietos de 15- 7- y 5 años tuvieron la experiencia de soltar varias palomas mensajeras cada uno después de aprender como es su viaje, como se las marca en fin seria genial que le dieran promoción por parte del tan leído publicación que diriges.
Te paso los datos del joven con su autorización, pues es el único colombófilo en la zona y es un deporte poco difundido.
Leandro Tomas, vive en el complejo Casa Cuevas en la última casa y esta dispuesto a colaborar en la difusión de su pasión,
Me tomo el atrevimiento de enviarte esta información pues se de tu inquietud hacia todo lo que contribuya a transmitir un conocimiento más .
Una vez más a tu disposición Isabel Guendulain de Duplant


Comunica a los vecinos que se ha puesto en funcionamiento un ROPERO COMUNITARIO que funcionará los días
Martes y viernes de 9:30 a 12:30 horas


Dra. Natalia Magmar - Dr. Pablo Caro
A partir del lunes 4 de abril nuevos
Horario de atención 16.30 a 19.30 horas


Informa que el día 18 de abril se hará entrega de los bolsones.


A partir del lunes 28 de abril el transporte urbano local incrementó los horarios y recorridos para los días de semana y también sábados, domingos y feriados. Los primeros coches comienzan el recorrido a las 6 : 30 horas y se ha extendido hasta el Barrio Villa Parque y la frecuencia es entre 15 a 30 minutos según el barrio y horario.

La Dirección de Turismo , Cultura y Deportes invita a Ud.a participar de la jornada de capacitación a llevarse al cabo en el Centro Cultural Tanti el próximo jueves 7 de abril de 2011.
Tema: aprovechamientos de los Recursos Turísticos.
Horarios: 9.30 a 13.30 y de 14.30 a 18.30
Capacitadora : Lic. María Gisela Cristini
Director de Turismo Cultura y Deporte : Profesor jorge L. Mc Cormack
Instrucción: Agencia Córdoba Turismo

En sus 8 años compartiendo el amor y la alegría con nuestros tesoros. Saludan Papás y Compañeros.


Dada la situación de *Emergencia hídrica* se convocó a una jornada en DEFENSA DEL AGUA el 31 de Marzo en la ciudad de Córdoba. En el mismo convergieron columnas provenientes de todas las regiones de nuestra Provincia.
La jornada en Córdoba consistió en una Radio Abierta todo el día, números artísticos, y sobre todo nuestra voz en defensa de los ecosistemas, teniendo como eje principal la DEFENSA DEL AGUA COMO DERECHO HUMANO y de una gestión equitativa y racional de la misma.
Se aprovechó la ocasión para juntar alimentos no perecederos para la comunidad indígena Qom, de Formosa.
Esta jornada finalizó con una Asamblea Popular donde se informó y debatió sobre los problemas ambientales en nuestra Provincia y cómo resolverlos. Principalmente: la defensa de la Ley Provincial 9526 que prohíbe la minería metalífera a cielo abierto y de sustancias radioactivas; la defensa de la ley de Glaciares; la prohibición de las fumigaciones sobre áreas habitadas y cursos de agua; la protección de nuestros bosques nativos y de nuestra biodiversidad; la planificación y regulación del crecimiento inmobiliario; la gestión ecológica de los residuos urbanos, el saneamiento de los basurales a cielo abierto y la prohibición de establecer nuevos; la reorientación de la agricultura hacia la soberanía alimentaria; la creación de un fuero judicial ambiental; etc.
Sólo la conciencia y la movilización de los pueblos podrá lograr que los gobiernos detengan este curso desastroso que resulta de favorecer a un puñado de empresas por encima de los intereses del conjunto de la población. Sólo los ciudadanos autoorganizados podemos garantizar un futuro de salud y bienestar, para nosotros y las generaciones venideras
Asambleas Unidas de las Sierras
Asamblea Ongamira Despierta
Alma Verde Tanti

Escuela de Artes y Oficios
La Municipalidad de Tanti conjuntamente con el programa CEDER continúa brindando cursos y capacitaciones a los vecinos de la localidad. Comunicamos que en este momento se está dictando en la Guardería municipal el curso de Gasista, de lunes a viernes de 13:30hs a 17:00hs.

El 1 de abril comenzará la capacitación en pintura decorativa los días lunes y viernes de 14:00hs a 16:30hs, también en la Guardería municipal.

A la brevedad confirmaremos fecha para la capacitación en cultivos e invernaderos.

¡¡ Tus sábados cambiaran !!
* Juegos de iniciación deportiva * Talleres de Teatro infantil * Actividades de vida en la naturaleza. Destinada a niños de ambos sexo ( entre 6 y 14 años)
Te esperamos a partir del 9 de abril de 9:30 a 12 :30 horas.


Informe sobre las actividades del mes
* Se realizó la primera reunión, donde si firmó el Acta Fundacional del TANTI RUGBY CLUBA.
* El Centro Vecinal de Villa Residencial San Miguel nos permitió entrenar en la Plaza Divino Niño para que los jugadores puedan entrenar los días miércoles por la noche en un lugar seguro e iluminado (la tarea de la instalación de la iluminación estuvo a cargo del señor Hugo Bustos).
* Gestión ante la Maderera Tito, para obtener la donación de los palos para las haches.
* Se solicitó a La Bancaria la sesión de la cancha principal para jugar de local.
* El señor Alberto Busquier donó dos guindas y cedió el terreno donde actualmente se hacen las prácticas (en el Barrio San Miguel).
* Entrenadores y jugadores marcaron y pintaron la cancha de entrenamiento.
* Por Canal 22, en el programa “La Gran Aldea” se promocionó la práctica del Rugby.
* Se solicitó a la Directora de la Escuela Sarmiento la autorización para dar una charla sobre el Rugby Solidario que se está practicando en Tanti y la proyección de un DVD explicativo sobre la filosofía del citado deporte.
Ricardo Panizza - Martí De Benedeti- Felipe Chiodo

PROFESORA NUEVA : Mayra A. Bustos (03541-15580069)
Desde el 5 de Abril los días Martes y Jueves a partir de la 18 horas
Comienza las actividades el LUNES 4 de ABRIL 16:30 hs. y 18 hs.

Martes y Jueves de 18 a 19:30 horas Biblioteca Rosa Areal de Molina.
Costo $ 70 el mes. Este taller está destinado a personas adultas
con o sin experiencia previa en técnico de trabajo corporal .
Taller a cargo de Daniel Ponzio.

La sabiduría MAYA y el calendario de 13 lunas siempre estuvieron.
Comenzar a vivirlo en lo cotidiano es recordar QUIEN SOS CURANDOTE en AMOR. Cursos de primer nivel y nivel superior, realización de cartas natales y oráculos personales y familiares . ENLAZADOR SOLAR TEL:03541 15569874

YOGA MUDRAS “El movimiento que acompaña el Descubrimiento Interno y el Equilibrio Externo “clases personalizadas respetando necesidades y posibilidades individuales . Mabel Ruffini tel: 03541 15559874


25 de marzo, 06: 24 horas: Avisan de un auto empantanado en el barrio San Miguel . Sale un móvil liviano con dos efectivos. 06:42 horas fue sacado el vehículo del pantano en perfectas condiciones.
21:25 horas: Dan aviso de un accidente vehicular en la zona de la Colonia Banco Provincia. 21: 26 horas: Sale un móvil con tres ocupantes. 21: 55 horas: Sale otro móvil a prestar colaboración. 22 horas: Los pacientes son trasladados por la ambulancia local y un móvil del cuartel hacia el Hospital Domingo Funes con heridas leves.
26 de marzo: 13:10 horas: Llaman dando aviso de un accidente vehicular camino a Los Gigantes (entrada a Cerro Blanco). Sale un móvil con tres efectivos hacia el lugar. 13:28 horas: se constata que no hay heridos y se procede a poner el vehículo sobre sus ruedas, ya que se había dado vuelta.
14:25 horas: Avisan de un accidente auto - peatón en la zona de la curva de la Iglesia (sobre Avenida General Paz) 14:35 horas: Avisan que no había heridos.
21: 25 horas: La Policía de Cabalango pide colaboración para asistir a dos personas que fueron asaltadas, las cuales estarían golpeadas. 21:45 horas : Los pacientes son derivados al Hospital Sayago, de Villa Carlos Paz.
28 de marzo: 03:51 horas: Avisan que en Villa San Miguel habría una persona con un corte en el cuello. 03:52 horas: Sale un móvil con dos efectivos hacia el lugar. 04:10 horas: El paciente es derivado para su tratamiento por la ambulancia local.


En la madrugada del día 28 de marzo del año en curso se toma conocimiento que en la vivienda ubicada en calle Río V N° 136 del B° San Miguel se habría producido un hecho de violencia doméstica, una vez constituido el personal policial en el lugar constata que una persona de sexo masculino, mayor de edad presentaba una herida cortante en el cuello, por lo que se solicita la presencia del personal del Dispensario Municipal, el cual le realiza las primeras curaciones y lo traslada al Hospital Domingo Funes, donde queda en observación no revistiendo peligro. La causa esta siendo investigada por la Fiscalía de Turno 2 de Villa Carlos Paz.
En el marco de una denuncia por Violencia Familiar, el día de la fecha en horas de la mañana se dio cumplimiento a orden de allanamiento emanada por el Juzgado de Control de Villa Carlos Paz. El procedimiento se llevó a cabo en la ciudad de Villa del Rosario en donde se secuestraron dos armas de fuego, una calibre 45 y otra de calibre 2


Faltan apenas doscientos días para que la ciudadanía elija - a través del voto- a los que pretenden gobernarnos durante cuatro años.
En estas épocas pre-electorales comienza a sentirse el “Tsunami” a escala nacional, provincial y municipal para que cada candidato se posisione a través de encuestas reales, dibujadas o interesadas en el puesto que lo haga merecedor de las simpatías populares.
Y este es el tema que más preocupa a la clase dirigente. Van detrás de la impetración de los votos sin importarles, ni mucho ni poco que plataforma de intenciones piensan presentar ante el electorado.
A estos futuros dirigentes no les preocupa su tiempo en preparar planes de gobierno que contemplen las necesidades del pueblo que dicen van a ayudar.
Aparecen candidatos salidos quien sabe de donde, como brotan los hongos después de una lluvia.
La ciudadanía no está enterada como van a gobernar, que tipo de gestión desarrollarán, ni como harán para concretar las ideas que piensan llevar a cabo si resultan elegidos.
No es el mejor candidato aquel que inunda de afiches un pueblo, sino la persona que tome contacto efectivo, real y concreto con los votantes y les explique, cara a cara y sin tapujos, las reales intenciones que lleva en sus mochilas.
Creo que el mejor candidato es aquel que ostenta una conducta intachable, tanto privada como pública, austero y transparente en el manejo de los dineros públicos, que sepa -y mucho- de programas de salud, seguridad, de obra pública verdaderamente necesaria y primordial para el conjunto de la sociedad.
El mejor candidato es -a mi entender- aquel que fue o es parte de una entidad de bien público y que haya consumado alguna obra solidaria en favor de personas que se lo requieran.
Un buen candidato es aquel que puede mostrar su “curriculum”, pues en los tiempos actuales, quien no posea títulos académicos no está medianamente capacitado para gobernar.
Es por eso que aplaudo y apoyo la idea que tienen algunos vecinos de Tanti de llamar a cada uno de los candidatos, sentarlos en una mesa de café y compartir, evaluar, indagar, consultar, etc.,todo tipo de ideas, planes de gobierno, como hará para requerir los fondos necesarios en una óptima gestión municipal. Y de paso semblantear a cada uno de ellos para cerciorarnos que lo que contestan es el fiel reflejo de los planes que piensan llevar a cabo. No se puede mentir mucho frente a la inquisitoria de un pueblo que quiere saber la verdad y toda la verdad. En estas charlas coloquiales obtendremos mucha información de primera mano y a cara descubierta.
Todo candidato deberá comprometerse a hacer el cincuenta por ciento más de obra que su antecesor y sin destruir nada de lo ya realizado.
Olvidémonos de los partidos y votemos al hombre que nos inspire confianza. Los partidos políticos no dejan de ser conglomerados de personas que buscan llegar al poder.
Un buen candidato debe ser un hombre de bien y jurar lealtad al pueblo que lo nombre Intendente.
Sepa el pueblo votar !!


El martes próximo pasado los egresados año 2010 que no debían materias al 28 de febrero de 2011, se reunieron con las autoridades del Ipem N*84 quienes les informaron que son los primeros beneficiarios del Programa Nacional CONECTAR IGUALDAD luego continuaran los alumnos de 6to. Año.


El miércoles en el Centro Cultural Tanti se llevó a cabo el acto protocolar del 163 Aniversario de Tanti, con la presencia de: Representante de la Conadi Daniel Hailan, Dr.JavierSosa Liprandi. Ricardo Molinari , Walter Garrone, Director de la Escuela Superior de Comercio “Manuel Belgrano” Sixto Reyes, Asociación de Ciegos , Directivos de la Colonia Banco Provincia de Buenos Aires ,Sr. Volpe, Concejales, Instituciones Intermedias y público en general.
El Dr. Sosa Liprandi expresó: “... Tanti es un ejemplo de integración y un ejemplo de amor ...” “ esto significa crear valores, esto significa crear conducta..”La provincia también quiso participar de la fiesta y entregó $ 25.000 para la primer cancha de Basquet para Ciegos.
José Antonio Bravo en representación de Ricardo Molinari leyó unas palabras de agradecimiento “...Este momento es único e irrepetible, deseo agradecer a todos los presentes y sobretodo a esas personas que me apoyaron desde el inicio de todo esto ,y también a los que se sumaron hace dos años en la organización del Primer Campus de Basquet para Ciegos...” Y agradeció en especial a su familia quien se encontraba presente.
La cancha llevará el nombre de Walter Garrone quien con la garganta seca de tanta emoción acepto agradecido esta distinción de mano del señor Intendente y el gestor de tan noble quehacer, con el deseo de que los no videntes logren a través del basquet ser felices y alcanzar metas.
El sábado se dio por finalizado el Campus con la entrega de recordatorios a los participantes, alumnas de la Escuela Superior de Comercio Manuel Belgrano, profesores y colaboradores. Para terminar a toda fiesta con el grupo musical Los Ustedes.


Qué gran disfrute... qué buenísima película la elegida para el Cine Debate del martes 29 de Marzo. Cómodamente instalados en RANTITOCK, vimos "EL ERIZO", (adaptación del libro "LA elegancia del Erizo") una película francesa dirigida por Mona Achache. En la película está todo. La angustia, la risa, la muerte, la vida, la soledad, el amor, el respeto, el ridículo, lo cotidiano, lo trágico.. Como dijo alguien en el debate¨: "es una película sin espacios": El se refería a la ubicación de la filmación, yo lo traduje a lo que uno siente al mirarla... no hay espacios que se pierdan.
Recibió el premio a la mejor película en el IV FESTIVAL DE MUJERES EN DIRECCIÓN, en Cuenca, Españaen 2009. La pequeña Garance Le Guillermic en su papel de Paloma Josse, es una niña de 11 años, brillante, reflexiva, valiente.... y con un misterioso plan secreto.
¡Es para ver dos o tres veces!! Pero la lista de películas recomendadas para los Cine-Debates es generosa y PARA NO PERDÉRSELOS!! Todos los martes, a las 21 horas, PARA DISFRUTAR de buen cine con buena compañía.
Margie Rubio


El martes estuvimos dialogando con la mesa de trabajo del Programa YO SI PUEDO, a fin de conocer e informar a la comunidad acerca de las actividades que ya vienen desarrollando los voluntarios.
¿Como comenzó este año el programa?
Oscar: el programa se inició con una campaña intensiva en los colegios, gracias a Dios este año nos abrieron las puertas en los distintos establecimientos de Tanti, y tenemos pensado cuando hagamos ya los relevamientos en Villa García y el Durazno ir a las escuelitas de allá.
La idea es promocionar el programa, que va paralelo a la Operación Milagro: para detectar personas con problemas de Cataratas o Isterigio, y por otro lado rescatar voluntarios como para hacer relevamientos, y gracias a ello se ha incorporado gente nueva.
Hay expectativa en los barrios, ya se relevó el sábado 19 Villa Parque.
Virginia: Nuestro trabajo consta de dos partes, primero es el relevamiento y la segunda es comenzar con las clases, sin la primera parte no podríamos contar con la segunda. El relevamiento ya está claro que consiste en ir casa por casa para detectar posibles participantes y a su vez se abren los centros. Lo principal es la campaña para relevadores, es lo que más se necesita porque cuantos mas seamos más rápido vamos a terminar de relevar los barrios; y más rápido vamos a poder abrir los Centros de alfabetización. Por lo tanto vamos a terminar rápido con nuestro trabajo; y esto está bueno que salga en el Diario para hacer una convocatoria a todos aquellos que quieran comunicarse:
Programa de Alfabetización de Adultos “Yo,si puedo” Ecos de mi pueblo. Integrate al equipo de voluntarios de esta cruzada solidaria para tener un Tanti libre de analfabetismo. Acercate, informate y participá Comunicate al : cel: 03541¨152434703
Cel:03541 15648627
Tel:03541 498170/250
Nicolás: Vamos a recomenzar las actividades en el barrio El Parador.
Virginia: lo importante es que se tome conciencia que existe el analfabetismo, porque son imperceptibles, personas como cualquiera de nosotros, y tal vez tenemos un vecino que no sabe leer ni escribir y no nos hemos enterado. Tal vez en esta zona se de mucho por la cercanía a las sierras y las distancias a las escuelas.
¿Se tiene establecido un recorrido?
Oscar: Tenemos un plan tentativo. se comenzó con el barrio Valle Parque Lago San Roque , se van a tratar de abrir centros en los barrios ya relevados. Si se puede este sábado la idea es relevar El Durazno
Virginia: Queremos abrir grupos de trabajo en El Durazno y Villa Flor Serrana porque quedan muy lejos y se nos hace difícil en cuanto a distancia y a tiempo.

El Sr. Héctor Romero nos explicó acerca de la inquietud que nos acercaran nuestros lectores sobre la Escuela primaria para adultos:
Por el tema de la escuela Primaria para adultos nosotros el año pasado enviamos notas al Ministro porque sabíamos que había partidas presupuestarias para distintos Municipios, y que esos municipios no las usaban dado que no tenían alumnos, por ejemplo Taninga. Solicitamos la partida presupuestaria para así poder abrir una escuela primaria, porque a través del programa de alfabetización hemos encontrado una gran cantidad de personas que tenían primero, segundo o tercer grado que querían terminar la escuela primaria.
La provincia nos dio el okey, solicitamos una entrevista con el Ministro. Queríamos que en marzo se largara la escuela primaria para adultos, pero tiene todo un proceso e inclusive es mucho más amplio, porque no es solamente que se pueda dar en un establecimiento público sino que es similar a lo que hace el programa ,Yo si puedo, se puede realizar en distintos lugares en los barrios. Pero todavía no tenemos esa partida necesaria. Suponemos que este año como es un año electoral, nos lla puedan dar.
Virginia: Dentro del grupo hay personas que están dispuestas a dar apoyo escolar para aquellas personas que quieran terminar la primaria y en todo caso pueden ir a Cosquin - por el momento- a rendir, si hay personas interesadas en hacerlo ahora lo antes posible hay integrantes que pueden ayudarlos para luego poder ir a rendir a Cosquin.


No suelo hacerlo, pero esta vez estoy leyendo dos libros simultáneamente. Retiré de la Biblioteca ROSA AREAL DE MOLINA "Los que llegamos más lejos" de Leopoldo Brizuela y "Afrodita" de Isabel Allende.
Leopoldo Brizuela es un platense que ha escrito también "Tejiendo agua" e "Inglaterra. Una fábula" (esos dos tengo muchas ganas de leerlos) y ha sido ganador de los Premios Fortabat y Clarin de Novela entre otros. Solo el primer capítulo me dejó con la sensación de un golpe frío en el estómago.. durísimo pero bellísimo relato en nuestra Tierra del Fuego.. ¿Cuándo vamos a aprender que los pueblos originarios son dueños?
Como para contrarrestar, me fui a un capítulo de "Afrodita" de Isabel Allende. Es esta una obra distinta de la genial chilena. Después de haber sufrido lo indecible con la enfermedad y posterior fallecimiento de su hija Paula (que diera origen precisamente a su libro homónimo) y de haber experimentado el larguísimo proceso del duelo, vuelve a escribir. Y lo hace desde un lugar distinto, mezclando relatos con recetas, humor con sensualidad.. Vaya un parrafito del capítulo "En la variedad está el sabor”
Es necesario anunciar ahora, a pecho abierto y antes que el lector siga perdiendo su tiempo en estas páginas, que el único afrodisíaco verdaderamente infalible es el amor.
Nada logra detener la pasión encendida de dos personas enamoradas. En ese caso no importan los achaques de la existencia, el furor de los años, la torpeza física o la mezquindad de oportunidades"
Pienso devolverlos a la Biblioteca el fin de semana, así que estarán disponibles a partir del sábado!! RECOMENDADÍSIMOS LOS DOS!!

Hasta la próxima
Margie Rubio


La independencia en las ideologías y en la manera de expresarlas es mucho más importante que una simple pelea de intereses económicos y de obtención de poder. Entonces, la discusión se puede tornar repetitiva o aburrida, pero cuando la situación desborda los límites que cada uno debe respetar, se termina perjudicando al resto de las personas. Quizás, debido a esto, esa gente finalice identificándose con una de las partes, no porque defiendan los mismos intereses sino por las consecuencias que a ellos les perturban.
Así terminó perjudicando a una gran cantidad de ciudadanos, quitándole su derecho a elegir cómo informarse, la actitud “patoteril” de los sindicalistas comandados por Hugo Moyano, el líder de la Confederación General del Trabajo, (CGT); tras bloquear la salida del diario Clarín, la semana pasada. El tema pasó de ser un problema del medio de comunicación con el gobierno, para transformarse en una muestra de intolerancia; que impidió la libre elección de las personas a acceder a la información por parte de este diario.
¿Quién nos asegura que este tipo de medida no se repetirá en el futuro con algún otro medio, con el que también estén disgustados? Justamente, este impedimento sucedió después de que la noticia se centrara en Moyano y una investigación por supuesto lavado de dinero en Suiza.
El enojo del gremialista, posiblemente, se convirtió en el motivo principal para frenar la distribución del matutino, por algunas horas. Sin embargo, los métodos y el poder que tiene el mayor referente de la CGT son bastante conocidos; pero el gobierno nacional debería garantizar que se respete el derecho de todos, a informarse por el medio que cada uno elige.
Ante la inoperancia gubernamental, salieron a repudiar el hecho varios colegas, integrantes de distintos partidos políticos e incluso medios internacionales remarcaron la amenaza que sufre habitualmente la libertad de prensa en Argentina.
En el Congreso Nacional, el miércoles, intentaron tratar el tema exigiendo que el gobierno garantice el derecho a la información y pidiéndole explicaciones a la ministra de Seguridad, Nilda Garré, por la inacción policial durante el episodio. La funcionaria aclaró al respecto: “Evaluamos que es un show que se ha armado donde la Cámara de Diputados renuncia a lo que le corresponde, que es un seguimiento de los grandes temas nacionales, para seguir inflando una tema que no deja de ser un conflicto gremial”.
Que en un país democrático exista la libertad de prensa es algo que el propio gobierno debe garantizar. Empieza a convertirse en un problema grave si ese mismo poder permite que estas cosas pasen…

Leslie Grasso

FM 100.3 "TIEMPO DE TANTI” Es tu radio popular que...siempre está con vos !!!!!!con música: folklore, instrumentales, las viejas, latinos, estilo libre, tangos, con Mel (sábados 19:00 hs) jazz, música para hacer gimnasia bailando .....y mucho masTEL:03541 155 23 731e-mail: el Jacarandá 643 - Villa Muñoz-TANTI

          Nigerians are extremely docile, It can be frustrating –Banire, APC Legal Adviser   
he National Legal Adviser of the ruling All Progressives Congress, Dr. Muiz Banire, in this interview with TUNDE AJAJA, speaks on the issues of lack of internal democracy in the party, the performance of the incumbent government so far and why he seems to hold a different view from the majority in the party

Your party made a mockery of internal democracy at the recently held local government primary election in Lagos State, by trying to impose candidates. Was that the decision at the national level or the electoral committee and the state chapter acted alone?
As far as I’m concerned, there was no primary election, because the election didn’t take place at all. That is my own position, from my vantage position, from my observation and from the point of law. There was no primary, so nothing happened on that day.
But the drama at the Teslim Balogun Stadium that day was as a result of your primary election that was to hold.
That must have just been an assemblage of human beings, the purpose of which I wouldn’t know, but certainly not for primaries. My own view is clear, which is nothing personal. Our constitution is very clear on the way to go about it. If you look at Article 20 of our (APC) constitution, it says a lot about the procedure for nomination of candidates at all levels, from councillorship to the President and that is what must be followed. That has been my own position from time immemorial. If you recall the run-up to the primaries for the governorship election in 2014, that was the same posture I maintained, and all over the nation up till today, I maintain the same posture. The good news is that the Supreme Court in Nigeria has consistently been telling us its position that people must comply with the party’s constitution. That is why I always counsel to avoid this pitfall, and it is not peculiar to Lagos alone. So, for me, it’s nothing personal and what the constitution requires is not optional.
We have reports that high-ranking members of your party who should know what the law requires are guilty of that attempt to impose candidates on the people. For example, Asiwaju Bola Tinubu was said to have reeled out those names even before the election. Is that the kind of practice APC wants to be known for?
Let me tell you my understanding. People said to me that Asiwaju had earlier announced some 18 candidates for chairmen. Even at that, I said he must have been misquoted because there is a difference between endorsement and nomination. They are two different things. I reserve the right to endorse anybody, but when it comes to elections, then I don’t have the right of imposition. So, I told them clearly that they must have been misquoting him because he (Asiwaju) certainly has a right to preference.
He wouldn’t have been misquoted because it was the names that were mentioned that were eventually announced as the candidates.
I heard he said 18, but what happened covered the entire state. Then, you yourself must have seen that the process was hijacked.
Can we say it was hijacked, when members of the party waiting to vote simply resisted imposition?
Let me tell you, there are so many godfathers, for selfish reasons, all about bread and butter and it is not in APC alone. It’s in all political parties and that is the essence of having a constitution because the tendency of every human being is to be domineering. It’s innate in us and that is why we agree as members of the same club to say we must have rules and regulations that would bind us and regulate our affairs. And having subscribed to it, then, you are bound by it. The APC is a bigger party, unlike AD, AC, ACN, etc. It’s a conglomeration of several interests and that is why for you not to have an implosion, you must consistently be bound by the rules and regulations.
But there is currently an implosion because some of the aspirants described the Lagos APC as undemocratic and fraudulent. Are those not clear signals?
They are signals. Personally, I think I owe it as a duty as the custodian of the APC constitution to ensure it does not happen. That is why I kept on saying and warning every day that don’t do this thing, do the right and proper thing. If we all agree that all these people are our party members, why discriminate against them. Allow all of them a level-playing ground. Whoever emerges is an APC candidate; simple and straightforward. Are the governor, the President and many others not proud that they went through the primaries before the 2015 election? In fact, part of what put our party on global map today was the presidential primary election we had; that everybody saw and witnessed it. We will not give up because we know it’s not easy for people to change.
One would expect that, as the National Legal Adviser, you would have advised them against that decision, because the imposition was already a matter of discourse before the day of the primary?
Yes, you’re right. That wasn’t our consensus when I attended their meeting. The meeting we had with all the local government officials, the stakeholders and the state executive, I was there and I advised them. They were very happy, they all subscribed to everything in the constitution. In fact, I was very proud of them that day, just for them to somersault suddenly because we had some scavengers who were able to profit from the venture; because people were just selling the party ticket all over the whole place. That was the problem. So, in order for me not to be guilty of standing by, that was why I even had to write them to say I heard something, please do not allow it to happen, follow the constitution.
Those who masterminded the charade are senior party men, like the party chairman in the state, Chief Henry Ajomale and Senator Tokunbo Afikuyomi, who have tried to defend their action.
Well, I do not even see Afikuyomi as a senior party man; he’s just like any other party member in Lagos. He doesn’t hold any position in the party, and being the chairman of the electoral committee was only a transient thing. Several of them we appoint every day. Some mess themselves up and some will perform creditably and commendably.
In that duty, has he performed creditably?
As far as I’m concerned, he has not even done it or discharged the responsibility.
But he read the pre-selected names, which is part of his responsibility as the chairman of the electoral committee.
He announced names of people he felt that he wanted. As a person, did you witness any primary? Nomination presupposes voting, and was there any voting? Up till now, there was no voting and there must be. If any other person who succeeds me decides to introduce anarchy, so be it, but while I’m still there, I will ensure that the proper thing is done.
It seems criminal to sell forms to aspirants and still want to impose people on them. Is the party going to refund them?
It’s not even a matter of refunding them, it’s about allowing internal democracy to prevail in the party. People tend to trivialise this issue but it’s an issue that I’ve signed into. There has been several intimidation, harassment and deprivation every day, but I’m not bothered. As far as I’m concerned, all those issues won’t work for me, because my religion preaches dying for what is just and proper. For me, I suffer it every day, from the security agents to government and people all over; that I’m their stumbling block, but I’m nobody’s stumbling block. I only believe that proper things must be done.
Will the party now hold another primary?
It’s not my role to organise primary, as the National Legal Adviser. It’s for the state to do the right thing, subject to guidelines from the national.
The national chairman of your party, Chief John Odigie-Oyegun, has not said anything on this matter, and some would think it is because of the issue he had with Tinubu that he chose to stay off Lagos matters?
For me too, it’s a possibility. I would reckon the same way, but I don’t know the reason why a pronouncement has not been made, which is allowing court action to fester. My expectation is that the Vice Chairman, South West, Chief Pius Akinyelure, the Deputy National Chairman, South, Mr. Segun Oni, and others should have intervened. Look at cries all over and the way the thing disparaged the party all over. They should have called a meeting urgently on the issue. That’s my expectation because I’m from this state and I don’t want to push anybody. In other states, ask them at the national, I would trigger the process and force the meeting on.
But should you fold your arms in your own state?
The assumption would be that I’m biased and that’s why I’m distancing myself from it a bit. But I know that the way things are going, they themselves would wake up shortly.
Now that election is fast approaching and another date has not been announced for the primary, what if the party goes ahead with those names. What will happen?
Nothing will happen if no aspirant challenges the party. Some have challenged them, my own role is to go and defend. And I’ve told them I will not lie. I’m a very senior member of the bar. I’m a bencher and a senior advocate, so you won’t expect me to go to court and say we did primary where we did not. Of course, I will submit to judgment. It has happened before, where we submitted to judgement. In such cases, I would simply tell the court that My Lord, they did not follow our constitution. So, if anybody goes to court and the matter is to be defended, we will go to court and tell the truth. I will never lie in court to protect party and I often tell our party people not to put us in a position where they would expect us in the legal department to lie, because we won’t.
Also, governors, those under your platform inclusive, find it difficult to conduct local government election. Is it that you don’t advise them?
Well, again, I have advised them on that. That is why most of the states are doing it now. One charlatan recently placed an advert in your newspaper referring to it that I had the effrontery to ask the governor why he appointed sole administrators. It’s my duty to tell anybody. Those are the people that mislead them. In fact, one must commend the governor for saying okay let’s conduct the election. Look at Osun State, it has not conducted election for almost seven years, which is unfortunate and absurd. It’s an impeachable offence. The constitution says no local government must be run by any less than democratically elected leaders. The Supreme Court has pronounced it in Imo and Ekiti states condemning it and I’m sure the apex court would be excited dealing with such issues now because they have made several pronouncements condemning that practice. No governor can substitute his own opinion of what true federalism is for the position of the law, which is clear. My expectation is that people themselves should wake up. Nigerians should wake up.
If refusal to conduct that election is an impeachable offence, and given the quietness across the board, would you say Nigerians are docile?
Extremely docile. I’ve never seen this kind of people in my life. I must confess to you, ha! I get frustrated. At times, when some people decide and say let me take their battle on, what do you find out? The people would even be the first set of people to persecute that person, they would ask him which one is his own? Is he the only one? I start wondering that me I’m okay, it’s because of you that I’m doing this. So, they are just too docile. Ha! It’s too much.
Given the prominent role the party plays in our type of democracy, why has the party not been able to call people elected on its platform to order?
Well, our democracy is still developing. My personal opinion is that it’s because of the financial status of most parties. They tend to rely heavily on these offices rather than on membership dues.
But that itself is wrong; using state funds to run parties.
That is what we are aggressively trying to correct in APC now. The moment we are able to get everybody to be paying their membership dues, the party would be able to flow on its own financially, have a life and be able to take position on issues.
Given your stand on several issues and many of such you have had to deal with over time, are you sometimes embarrassed by some actions of the big men in your party?
Yes, a lot. Honestly. I get embarrassed and that is why I’m even anxious to quickly finish the tenure. Let me tell you something, which is another point that needs to be made clearly to a lot of people. We are sacrificing for the party. We are not paid officials. I’m not being paid anything. I go to Abuja practically every week with my money, I pay for my hotel, maybe occasionally when we have NWC meeting, they used to pay N100,000 now N120,000. My ticket alone is almost N140,000, my hotel is not less than N60,000 per night, apart from the internal transportation and other things. But it’s all about sacrifice. We don’t derive any pecuniary gain from it but we are happy doing it for now, and that is why I maintain that don’t rubbish me over what I’m even doing gratuitously. We just believe that some of us must be able to add value to the system and at least set the template that will outlive us and that is my ambition every day, and that is why when people continuously fight me, particularly in Lagos here, I just laugh. All these things are not personal. I’m not fighting anybody; everybody is my friend. But when it comes to the rule of law, I apologise, I can’t compromise it. It’s as simple as that. I’m unable to compromise it. That’s all I’m living for, that’s all I’m about.
But the big men in your party do these things and get away with it?
Again, that is another thing I normally have issues with. I don’t believe there are strong men in any political party. For me, party is party. Apart from the officers of the party, all members are equal. Once I pay my dues, I’m entitled to the same powers and privileges in the party. The moment we continuously discriminate against some people, that is the source of our woes. That is my own position. That is why given what happened in Lagos, everything I do, I direct to the state chairman. I don’t recognise any other person as the person controlling the party machinery in Lagos. It’s the state chairman that bears responsibility under the constitution for whatever happens. What happens behind, under, beneath, I don’t know about it. By the time you are talking about people that are not officially responsible, you are descending into their arena which is not your business. I don’t have a problem with anyone pulling so much weight, but my problem is where there is no compliance with the rules.
Are you saying you don’t recognise the position of the National Leader, Asiwaju Bola Tinubu, who lives in Lagos?
Officially, the only person I can interact with officially are the party officials. That is what I mean.
People see him as the godfather of APC in Lagos…
(Cuts…) Let me tell you, I do not even see Asiwaju as a godfather, because he is not the person directly involved in that charade. He once drew my attention to it, that Muiz, are you saying I don’t have a right to endorse a candidate, and I told him, sir, I concede. Asiwaju wasn’t the one that came to the field to destabilise the process. Blame the party structure in the state.
People believe he did it underground.
I can equally do anything underground but you can’t hold me for it. How do you prove that?
But some have pointed out that it seems you don’t agree with him on certain things and that you don’t let him have his way sometimes.
It’s not true, let me tell you, it’s people that are hungry that are saying so. I, personally, am telling you I have no problem with Asiwaju at all. Asiwaju is my boss any day but the responsibility on my shoulder makes me not to see him regularly like before. Those people always want to create problem. If you don’t go and poison his mind or misdirect him, there is no problem. When has he himself come to say all of you must vote for a particular person? Some people only do name-dropping for their personal reasons. Same way they said the President told them to pick Yahaya Bello as the candidate for Kogi election at that time. At times, most of these people are innocent, people are only using their name to perpetrate evil.
Are you saying  you have a cordial relationship with him?
As of this time I’m talking to you, there is no enmity between us. Let me even tell you, there is nothing I’m doing that I didn’t learn from him. Look at his antecedents. He is the greatest rebel of our time. He taught us how to be rebellious. He’s a very courageous man and he taught us courage. He taught us to hold our views and be tenacious. In fact, he enjoys me facing and disagreeing with him.
Would you then get in touch with the APC chairman in Lagos to do the right thing as regards the imposition issue?
I have written; I don’t talk to them by mouth because they would deny it. I have written to them, I mean several letters. I keep on writing our people to do the right thing, even beyond Lagos. What does it cost people to stand by the truth? Even if they would sack you tomorrow, let them sack you and you go to your house. The problem is that majority of the people that are in politics today, especially at elective level or appointed level, are people without alternative contact address. They have no other job in their lives, so, they can kill or do anything, because they are always desperate to remain in the corridor of power. That is the problem.
There have been several calls for restructuring of Nigeria, and fortunately the first item on your manifesto is that you would restructure the country. Now that people are calling for it, your party that promised it has gone silent. Is that fair?
Again, that is an issue I want to bring up at our next meeting. Personally, I subscribe to it. My only area of conflict is the perception of the restructuring itself, because from what I’ve seen, restructuring means different things to different people. Some would say fiscal, national, complete, organisational restructuring and so on.
Perhaps that is what you get when you leave people to speculate and you maintain silence at the wrong time.
We must fundamentally agree on the type of restructuring that we want to embark upon. Let it be clear to everybody. When it is clear, all of us will go to the next stage and I think that is where the party needs to trigger a process, towards aggregating opinions on what we even mean by restructuring. Let’s agree. When we do that, we can then draw the timetable.
But when you were preparing your manifesto, what kind of restructuring did you have in mind?
We had our own conception of it, but I’ve read several other versions. If it’s our own we are already implementing, but not in the manner people are saying now.
Could you tell us the ones you have done?
Most of the ones we are looking at is fiscal restructuring and that has started. We used to have inequality in appointment of ministers; some have two while some have one, but that has been eliminated now. A lot is also happening on the issue of local government autonomy and the judiciary. Look at the issue of appeal, not every appeal will now go to the Supreme Court and that has gone far at the National Assembly. But people want more than that and I have no problem with that.
But why has your party not taken a stand in response to the calls for it from everywhere?
Like I said to you, some of these issues, I might be the one to trigger the process, maybe because the party is overwhelmed; running from one election to another regularly and it doesn’t even have so much logistics to anchor some of these programmes.
If you have been overwhelmed with winning elections, does it mean the APC is only concerned with winning elections, not minding if the promises made earlier had been fulfilled?
Certainly, you know that for every election, there must be campaign and you campaign on the manifesto. So, we can’t run away from them. If we are not implementing, people would see them and they would have raised it. There are also issues with the one people are calling for now. It seems we are doing it in piecemeal at the moment, maybe what we need, which I agree to, is a holistic approach to it. I’m sure the party is not averse to it conceptually.
It would seem you are about the only one prompting some of these things. It seems your members go to sleep once they win election.
With due respect to most of our members, I think there is what I will call economic impairment affecting them. You know at times, you need stamina to talk. If you haven’t eaten, you probably won’t be able to talk.
A lot of people have doubted the integrity of your party because when late President Yar’ Adua was sick, your party, through Alhaji Lai Mohammed as the then spokesperson, was on his issue, maintaining that Nigerians deserved to know the state of health of their President. But now that President Muhammadu Buhari is equally ill, the same Alhaji Lai Mohammed said such is a confidential information. Aren’t you taking the people for a ride?
You know the dangers of precedence that I spoke about at that time, that when you talk, know what you are talking. I will escalate this issue to Alhaji Lai Mohammed and seek further explanations on why disclosures about the President’s health are not being made. They might know things that I don’t know. There are several human beings with different ailments. So, continue exploring the channels available to you, like the Freedom of Information.
Should we need to go that far if your party that promised change is sincere about being transparent and accountable?
The actions of some individual officers should not be equated with that of government. Look at what happened the last time when your reporter was sent out of the State House and the government decided to deny it. It happens sometimes like that in government that somebody overzealous somewhere would do something. But for me, we must never get frustrated by any system.
Your manifesto is a very beautiful document, but as a person, when you pick it, are you satisfied with how your party has fared?
Yes, I’m satisfied. The manifesto is not a document for four years. It is a document that is expected to endure for the next 50 years. We have just spent about two years.
So your target is 50 years?
It cannot be minimum. The things there are ideal situation and it can’t be implemented in one day. Those are aspirations and the things we want to see. For example, at times, when people talk and they get into government and they see what resources are available, they face reality. But before they get there, they feel all these things are possible.
Since that was what your party did, it would seem that it hoodwinked the people into believing in your promises.
No, we are saying given all factors being constant, these are the things we want to do. The situation we met was worse than what we even anticipated. Unfortunately again, several other inhibiting factors came in. So, it’s not a document that would just die in four or eight years. It will live for a long time, so give it the benefit of survival.
But shouldn’t we blame the politicians that throw money around?
Yes, that is why at times I wonder if our leaders are not wicked, as they consciously put our people in abject poverty so that they can’t reason. For me, we need a major movement in that regard. The press need to do a lot in that regard. They need to educate people and enlighten them. I have always been saying that there is need to continuously establish the nexus between the people’s lives and their votes. We must connect it to say if you take money for your vote, it’s your life you are selling. Let them see clearly how they would not see hospital, good road, good school and other things, by just mortgaging that votes. We owe it a duty to them, particularly the elite. If that is the minimum we can do.
People have always talked about expensive elections, but for local government election, is N555,000 not too much for the form, excluding N5,000 for the expression of interest?
Again, I, as a person, disagreed with it, because the question I even asked them was that what is the minimum wage? Are you saying that somebody on a minimum wage can’t contest? No. It can’t be. There are some of these things at times that people are not even challenging. That is the problem. That is where it lies. The aspirants should challenge it.
Your signature campaign programme was anticorruption fight. Given the next to nothing achievements recorded in that regard, how would you rate the government’s performance in that regard?
For me, I have a different view about that. I have always believed that little would be achieved with the way and manner we are currently fighting corruption. I want to see that document on the socio-economic diagnosis of corruption in Nigeria. Before you can fight corruption, you need to know what the attractions, the causes and what creates the opportunity, the sociologist must tell us. We underestimate the capacity of those people. We need to do the study. It is when we have the study, then you now start gradually to tackle it, like discouraging the attractions. I have always believed that if all of us wake up and every day at our various churches and mosques, we send curses after the corrupt people, I tell you corruption will reduce.

          DeSoto To DeLorean - 14 Defunct Car Brands (& How They Failed)   

Automobile enthusiasts around the world know brands like Studebaker, Plymouth and Packard, but you’d be hard-pressed to find any of these on the roads today. Former powerhouses in the American auto market, as Visual Capitalists's Chris Matei notes, they have since become beloved by collectors, but lost to the general public.

Today’s infographic comes from TitleMax and it looks at 14 now-defunct car brands and the circumstances that took them from highways to bygones.

Courtesy of: Visual Capitalist

These are only a selection of a much longer list of car brands that have not survived to see the present day. What accounts for the churn rate of these brands?


Some car brands, like Tucker and Saturn, introduced new ideas that the market simply didn’t care for, didn’t perform as well as the competition, or were too ambitious for the industry climate.

Others, like Edsel and DeLorean, met swift ends as they hemorrhaged money far faster than their owners anticipated. Even more brands were simply folded into the ever-expanding portfolios of either Ford or General Motors, the two biggest auto conglomerates ever to rule the roads.


Car sales rise and fall with broader economic trends because they are tied into so many different variables: raw materials, production costs, labor costs, oil prices, and interest rates among others.

We can look at two time periods in which the combination of these conditions caused many of the brands on this list to fail.

Post-war Doldrums (1950-1958)

Based on the timeline above, we can see that 1950s were a terrible time for the smaller players in the auto industry. The explanation as to why so many brands declined over this decade has to do with the highly competitive, oligopolistic business practices of market leaders Ford and General Motors. Both of these market titans were locked in a battle to lower prices by taking advantage of economies of scale, while wooing customers who were feeling the economic pressures of a postwar recession.

Smaller volume manufacturers like Packard and Studebaker could not keep up, even when they attempted to merge. As a result, these and many other smaller brands were forced out, or absorbed into the portfolios of one of the “big two.”

Same Car, Different Name (1998-2008)

A similar stretch of declining sales plagued the late 1990s and early 2000s, as the trend of “badge engineering” caught up with manufacturers.

Rather than designing new models at high cost, conglomerates like GM simply engineered new brand “badges” and marketed the same basic models under a variety of names like Pontiac, Plymouth, Mercury, or Oldsmobile. The same tactic was later used to take mid-market designs, such as the Ford Fusion, and style them for a luxury audience as a new model – in this case, the Lincoln Mk. Z.

Badge engineering curbed the appeal of a number of American brands under the GM and Ford portfolios. The nail in many of their coffins was the major auto industry downturn in 2008. That year, GM restructured as it underwent Chapter 11 bankruptcy.

As a result, GM removed the majority of its badge engineered brands, including many of those listed above, from dealerships in the following years.

          Warren Buffett to become largest shareholder in Bank of America   
Alex Wong/Getty Images(OMAHA, Neb.) — Warren Buffett will soon be Bank of America’s largest shareholder. Buffett’s investment conglomerate, Berkshire Hathaway, is expected to spend $5 billion to buy 700 million shares of Bank of America next quarter. The company said it will convert warrants purchased in Bank of America in 2011 into common shares, with each share costing $7.14. Berkshire will surpass mutual fund company Vanguard as Bank of America’s largest shareholder. In his annual shareholder letter, Buffett said he would convert his warrants into common stock if the bank raised its annual dividend to more than 44 cents a share. Bank of America did that this week, later announcing that it would raise its annual dividend to 48 cents a share in the third quarter. Buffett is also the largest shareholder in Wells Fargo. Copyright © 2017, ABC Radio. All rights reserved.
          Warren Buffett's Berkshire Hathaway to become Bank of America's largest shareholder - USA TODAY   


Warren Buffett's Berkshire Hathaway to become Bank of America's largest shareholder
Warren Buffett is bullish on banks. Berkshire Hathaway, the investment conglomerate controlled by the billionaire, plans to spend $5 billion to buy 700 million shares of Bank of America next quarter, exercising its warrants to become the bank's largest ...
Warren Buffett's Bank Of America Rescue Was His Crisis-Era MasterpieceForbes
Warren Buffett just made a quick $12 billion on a clever Bank of America investmentCNBC
Buffett's company to become Bank of America's top shareholderReuters
Charlotte Observer -Chicago Tribune -Business Insider -PBS NewsHour
all 224 news articles »

          Bobby Womack - Don't Look Back (Liberty 56186)   

Don't Look Back


OK, folks, it's hard to believe it was over a year ago that I promised you a second installment of the Bobby Womack saga, but time flies when you're having fun, I guess...

When we last left our hero, he was taking a lot of heat for marrying Sam Cooke's widow, and was unable to get his records played on the radio, as the disk jockeys that had known and loved Sam were 'throwing his records in the garbage'. Releases on the Him label and Fred Smith's Keymen Records went nowhere, and Bobby was itching to get back to work. In 1965, he auditioned for a spot in Ray Charles' band

Ray was reportedly amazed by the fact that Bobby could keep up with him, no matter what changes he called, without being able to read the music they had set in front of him. "My music is way more complicated than Sam Cooke's stuff," Ray told him, but in spite of that, Womack was hired. He spent the next year or so out on the road with Brother Ray, playing over 200 dates a year. Conditions were less than rosy, however, and Bobby, as the newest member of the outfit, had to take the brunt of it.

From ill fiiting hand-me-down uniforms, to doubling up in hotel rooms with the epileptic Curtis Aimey, Bobby seemed to be the last one on the list. The thing that finally got him fired, however, was that he complained about the fact that Ray would fly the band's plane himself. "Man, I couldn't sleep for thinking about our flights between gigs," Bobby said, "...a blind man was flying the plane. I had attacks about that." Incredible. Ray fired him in early 1967.

According to the liner notes of Atlantic Unearthed: Soul Brothers, Bobby's lone session for Atlantic was held in September of 1966. When Atlantic 2388 was released in early 1967, his last name had been misspelled as 'Wommack'. As you may recall, that same spelling had been used on the writer's credit for the first song he gave to Wilson Pickett, Nothing You Can Do, which was recorded at Fame in Muscle Shoals. I'm guessing that Bobby's single was recorded there as well.

It was Pickett who told him about the studio in Memphis he was headed to next... "Bobby," he said. "there are some white boys down there; if you closed your eyes, you could not tell they weren't black. Those f#*@ers can play!" The studio he was referring to, of course, was American Sound, and in July of 1967, Bobby Womack flew into town, installed himself into the Trumpet Motel, and showed up at American for Pickett's first sessions there. In addition to playing guitar, he brought along another one of his compositions, the amazing I'm In Love, which The Wicked One would take to #6 R&B later that year. When Pickett left, Bobby stayed on, becoming an integral member of the 'American Group' during its absolute heyday.

" one bothered me there. No one asked me about Sam Cooke or nothing... they just knew me as Bobby Womack, guitar player," he said, "It was the place to be, I loved the atmosphere, and there was a little soul-food place around the corner. Perfect." His serious chops got him accepted right away, "I was especially good at the intros. That's what made Moman and the others notice me... they called me cold-blooded, the way I could slip a guitar break in to make a track sing. Give a crafty hook to the intro, something people don't forget."

All of these quotes are taken from the fascinating autobiography Bobby published last year, Midnight Mover: The True Story Of The Greatest Soul Singer In The World. In the book he describes the American Group as "a strong house band, with Bobby Emmons on keyboards, Tommy Cogbill on Bass, Bobby Wood the piano player, drummer Gene Chrisman, and Mike Leech who also played bass and arranged strings." No mention of Reggie Young, though... When Barney Hoskyns asked Chips Moman about Womack in those days, he said "He and Reggie played guitar together for a couple of years there, and the two of them would be just magic, alternating between lead and rhythm, and getting each other's playing down totally." That sounds about right, and I think the friendly competition between the two guitarists created something more than the sum of its parts. Chips saw that, and was happy to have Bobby on board.

Womack also became a regular member of Wilson Pickett's touring band, and has some stories to tell about that whole experience. As Pickett travelled back to Muscle Shoals to record, Bobby made the trip with him, supplying much of his material in the process. All in all, Wilson recorded some seventeen Womack compositions (like I'm A Midnight Mover and I Found A True Love), and Bobby was happy to sit back and collect the publishing checks.

Before he left California, however, Bobby had signed with Minit Records, after playing some of his songs for them as demos. They told him to go out and record something, and that they'd be happy to release it. After a couple of years of putting them off, Minit was finally looking for some 'product', only Bobby had given all of his originals away to Pickett. He started fooling around with a few standards with the guys in the studio, and the album that Minit finally received contained covers of Fly Me To The Moon, Moonlight In Vermont and California Dreamin'. They were none too thrilled.

Much to everyone's surprise (except Bobby's, of course), Fly Me To The Moon became a big hit, breaking into the R&B top twenty in the summer of 1968. California Dreamin' would do the same for the company that fall. Womack was onto something, and they let him run with it. When Womack covered a song, it became something else entirely. He made each one his own. Hoping to continue in that vein, his version of I Left My Heart In San Francisco was released as a single in early 1969, but only managed to dent the top fifty.

The album it was taken from, My Prescription, is often overlooked, but represents, in my opinion, some of the best stuff to ever emanate from 827 Thomas Street. Minit would pull three more singles from the album for release in 1969 and early 1970. All of them charted, with How I Miss You Baby climbing as high as #14 R&B. Then the company went out of business... more accurately, it was 'consolidated' by the corporate conglomerate that owned it (like the once mammoth Imperial label before it) into its parent company, Liberty Records.

Looking for more of the same, Liberty would release one more single from this mighty Minit Lp, I'm Gonna Forget About You. Written by Womack's mentor Sam Cooke, it would become an R&B top thirty hit in the summer of 1970. Today's positively infectious B side was the flip of that single. Originally written by Smokey Robinson for the Temptations in 1965, it had become Paul Williams signature song, and closed out many a Temps performance. This version is better. Way better. Let me just say here that in all the time I've been doing this, this has to be the absolute BEST RECORD I've ever put up here. I mean it, boys and girls. The unbelievable Chips Moman production, Bobby's soulful vocals, the interplay of the guitars, the organ, the drums, the cookin' bass line... like the label says, it's 'An American Group Production', this time for one of their own, and was recorded around the same time that Elvis was in the building. It just doesn't get any better.


Liberty would release a live album, as well as one last single on Bobby before being 'consolidated' right out of business itself in 1971, when something called The TransAmerica Corporation rolled it over into United Artists. The new label would release another single from the live album, one that was responsible for giving Bobby his nickname, The Preacher, as he told it like it was over both sides of the 45, just like he did at the end of his live shows.

Bobby, although he never changed anything, now found himself at his third record label in two years. As it turned out, that wasn't so bad, as the people at United Artists seemed willing to listen, and gave him creative control over his releases. 1971 was also the year that he collaborated with Gabor Szabo and came up with the immortal Breezin'. Bobby also began working with Sly Stone, and appeared on his groundbreaking There's a Riot Going On album. It was Sly who convinced him to lose the suit, and came up with the idea for the cool cover shot on his first UA album, Communication. In many ways, this was the record that kind of defined what Womack, and much of black music in the seventies, was all about. The title track would hit the R&B top forty, but the next single off the album, That's The Way I Feel About 'Cha, became his biggest hit yet, climbing to #2 R&B in December of 1971.

His next album, Understanding, was released in 1972. Just a fantastic record, Bobby Womack's genius is fully realized here for the first time. Establishing him as the R&B superstar Sam Cooke had envisioned he was destined to become, there was no turning back. One of the last albums to be recorded at American before Moman closed it down, it was produced by Womack himself, and it shows. Two 45s were taken from the album, resulting in no less than three chart hits.

The first of these, the timeless Woman's Gotta Have It, became Bobby's first #1 hit in April of 1972. Speaking to the ladies in the audience (another thing he had learned from Sam), they let him know that all was forgiven. The Womack was back. Both sides of his next single would chart, with Harry Hippie (reportedly written about his ill-fated brother, Harris Womack) going top ten, and Sweet Caroline (which he had no doubt been a part of when Neil Diamond cut the original at American) top twenty...

          Website near worth and well-designed    
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          Hiring for Account Manager Bengaluru for Exp. 2 - 5 Years at Snap Seaarch.,Mumbai (Job in Mumbai)   
Job Description:SnapSeaarch (formerly known as PharmaHood Consultants) operates as an extended HR arm for its clients, providing Recruitment and Training services to MNCs and Business Conglomerates across India. Ms. Ashika Dhokai, the Founder of SnapSeaar...
          7/2/2017: FRONT PAGE: Germany approves sale of three submarines to Israel   
Germany’s National Security Council has approved the sale of three advanced submarines to Israel, Der Spiegel reported Friday. Israel will receive three more Dolphin submarines in a €1.5 billion deal with German conglomerate ThyssenKrupp, in addition...
          Jawatan Kosong di Google Malaysia (KL) - 30 June 2017   
Jawatan Kosong 2017 di Google Malaysia (KL) | Permohonan adalah dipelawa daripada Warganegara Malaysia yang berkelayakan dan berumur tidak kurang dari 18 tahun pada tarikh tutup iklan ditawarkan untuk memohon jawatan kosong di Google Malaysia (KL)

Jawatan Kosong 2017 di Google Malaysia (KL)

Company Overview

Google was founded in 1996 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University, California. Together, they own about 14 percent of its shares and control 56 percent of the stockholder voting power through supervoting stock. They incorporated Google as a privately held company on September 4, 1998. An initial public offering (IPO) took place on August 19, 2004, and Google moved to its new headquarters in Mountain View, California, nicknamed the Googleplex.

In August 2015, Google announced plans to reorganize its various interests as a conglomerate called Alphabet. Google, Alphabet's leading subsidiary, will continue to be the umbrella company for Alphabet's Internet interests. Upon completion of the restructure, Sundar Pichai became CEO of Google, replacing Larry Page, who became CEO of Alphabet.


1. Industry Manager, Malaysia

2. Google Marketing Solutions Sales Coach (Vietnamese Speaking ...

3. Advertising Sales Industry Manager, Waze

4. Head of Industry, Malaysia

5. Video and Media Sales Lead, Malaysia and Vietname

Close date : 30 June 2017

Click Job Description & Apply

          Country Club (India) Ltd ....BSE Code 526550   

Country Club India

Country Club India Ltd is India’s largest leisure infrastructure conglomerate that offers state-of-the-art clubbing facilities, innovative family holiday packages and star-studded entertainment events. Recognized by the Limca Book of Records as ‘India’s Biggest Chain of Family Clubs’, Country Club India Ltd has 53 world-class destinations across India, Middle East, Bangkok and Sri Lanka. Also, Country Club India Ltd offers global clubbing and holiday access to 175 franchises and boasts of a massive 5100 RCI affiliated properties along with 4000 Dial-an-Exchange (DAE) ones. Known as the ‘Power House of Entertainment’, Country Club India Ltd regularly organizes various innovative entertainment events and celebrates diverse national and international festivals across every destination. During such festivities, celebrities from Indian movie industries are invited to perform for the Country Club India Ltd members and their family and friends. Country Club India Ltd offers a wide range of member centric facilities including real-time online Holiday Booking & Payment Gateway, state-of-the-art Club Houses, luxuriously furnished and fully equipped guest cottages, suites and rooms, multi-cuisine restaurants which serve some of the finest global delicacies, lounge & resto-bars, modern gyms with Spa, Massage, Steam & Sauna facilities, floating spa, jungle safari, Ayurvedic & Naturopathy therapies, Yoga facilities, banquet & conference facilities, wedding halls, swimming pools, variety of outdoor & indoor games, children play area etc. Recently, the Guinness Book of World Records has recognized CCIL’s Earth Hour social responsibility . Also, CCIL has received a personal note from former President of USA, George Bush for hospitality rendered to his team during their visit to Hyderabad.

          Re: "Filling Your 401k with Company Stock"   
I've recently had as much as 48% of my 401K in company stock. Right now it's 31%. I know other people that have as much as 95% in company stock at my Fortune 100 corp. It's beaten the S&P 500 since 2001 and still going strong. It's a diversified industrial conglomerate that wants to be the leader in industrial software and IOT.
          Warren Buffett to become largest shareholder in Bank of America   
Alex Wong/Getty Images(OMAHA, Neb.) — Warren Buffett will soon be Bank of America’s largest shareholder. Buffett’s investment conglomerate, Berkshire Hathaway, is expected to spend $5 billion to buy 700 million shares of Bank of America next quarter.
          NetSuite Senior Accountant/Analyst   
NY-Manhattan, NetSuite Senior Accountant/Analyst $50-60K + Bonus Billion dollar Technology/Investment conglomerate seeks degreed entrepreneur for newly created position with 2+ years diversified accounting, reporting, analysis (NetSuite EXPERIENCE a MUST). Responsible for financials, month end close as well as strategic and revenue analysis. Responsible for assisting external auditors as well as interpreting fi
          Director of Management   
NY-Queens, Director of Management $150-175K + Bonus Billion dollar real estate conglomerate (located on Queens/NYC border) seeks entrepreneur with 5+ years diversified industry experience in affordable housing and real estate. Hands on supervisory skills with strong knowledge of leasing units and renewal rules. Position will report to COO and CEO. Must have experience in HUD recertifications, LIHTC income li
          Compliance Analyst   
NY-Manhattan, Compliance Analyst $30 per hour (temp to perm) Billion dollar global Investment/Banking conglomerate seeks degree with 1 year diversified compliance experience. Review and clear any alerts regarding suspicious activity. Utilize banks compliance monitoring system. Interface with high powered compliance/risk team as well as compliance director. Troubleshoot and resolve any issues that may occur in d
          Loan Document Associate (temp to perm)   
NY-Manhattan, Loan Document Associate (temp to perm) $20-22/hour Billion dollar global Investment Banking conglomerate seeks (degree a +) with 1-3 years loan administration for documents. Review and prepare documents for imaging as well as archiving. Create high end working files and abide by internal policies and procedures. Act as troubleshooter and involved in special projects. Ability to communicate with in
          NetSuite Senior Accountant/Analyst   
NY-Manhattan, NetSuite Senior Accountant/Analyst $50-60K + Bonus Billion dollar Technology/Investment conglomerate seeks degreed entrepreneur for newly created position with 2+ years diversified accounting, reporting, analysis (NetSuite EXPERIENCE a MUST). Responsible for financials, month end close as well as strategic and revenue analysis. Responsible for assisting external auditors as well as interpreting fi
          Amaño de subvenciones, 100 millones en Panamá, ataques de hackers rusos: el videojuego real de los Pérez Dolset    

Mucho antes de que se inventase el término, los Pérez Dolset ya eran emprendedores de la era digital. A principios de los noventa, el patriarca probó suerte como proveedor de internet aliado con Telefónica en lo que fue la precuela de Terra. Y los hijos, Javier, e Ignacio, tras salir de la Universidad sacaron al mercado Commandos, un videojuego superventas que los hizo a todos ricos.

Luego llegaron los politonos para móviles. La expansión internacional. Y los nuevos socios, españoles y extranjeros. Su compañía, el Grupo Zed, fue valorada en más de 1.000 millones de euros con filiales en 80 países, 400 empleados en nómina y un modelo de negocio basado en el valor añadido a los servicios de telefonía móvil. En el accionariado entraron en estas últimas dos décadas algunas de las principales fortunas del país, desde la familia Lara al empresario Juan Abelló. La búsqueda de alianzas internacionales dio incluso entrada en 2008 a millonarios rusos bien conectados con el Gobierno de Vladímir Putin. 

Hoy todo es una montaña de cenizas y su historia está contada en una querella de 99 páginas de la Fiscalía Anticorrupción. El escrito presentado ante el juzgado número seis de la Audiencia Nacional que desencadenó la operación policial del pasado jueves con ocho detenciones, entre ellas de los fundadores de la sociedad, es una novela de intrigas que retrata las encarnizadas luchas por el poder entre los primeros propietarios y sus socios sobrevenidos.

La lista de delitos que atribuye el Ministerio Público a directivos de uno y otro bando bucea en medio Código Penal: insolvencia punible, administración desleal, fraude de subvenciones, tráfico de influencias, amenazas, coacciones... El conglomerado tecnológico, por supuesto, está en concurso de acreedores.

Los problemas gordos llegaron en 2013, casi un lustro después de asociarse a empresas rusas. Los directivos españoles de Zed descubrieron que la filial que compartían con los inversores rusos estaba desviando grandes cantidades de dinero a una compañía vinculada al ministro ruso del Interior. Intentaron cortar el grifo, pero los socios rusos se rebelaron y sometieron a la empresa a un "agotamiento económico" que la abocó a la quiebra. El procedimiento  habitual de las mafias para hundir compañías y quedárselas a precio de baratija que en Moscú se conoce como "reiderstvo". 

Hubo denuncias cruzadas, de los rusos en contra de los administradores españoles en Holanda, y de los fundadores en España ante la Fiscalía Anticorrupción. Unos y otros están imputados en el sumario abierto en la Audiencia Nacional.

La investigación ha revelado un fraude grosero en las subvenciones, que según uno de sus supuestos instigadores, usó la influencia del presidente de La Razón Mauricio Casals. Según el relato de Javier Pérez Dolset, uno de los accionistas primigenios enfrentado desde hace años a sus socios de Planeta, el papel de Casals fue fundamental para captar casi 70 millones de euros en créditos y ayudas públicas. El sumario relata que dos millones acabaron en las arcas de La Razón sin que la documentación recabada justifique el motivo. 

Anticorrupción apunta a que hay 14 millones en ayudas ilegales, la mayoría con cargo a programas de I+D que se justificaron con proyectos fantasma y personal sin capacidad de llevarlos a cabo. Algunas de las ayudas que recibió Zed eran incompatibles entre sí. 

Una segunda línea de investigación se detiene sobre las maniobras de la familia Pérez Dolset para vaciar las sociedades mientras trataban de repeler los ataques de los accionistas rusos. Se urdió una trama de facturas falsas para desviar fondos a bufetes de abogados que ejercían de testaferros e incluso a una empresa de deportes náuticos radicada en el paseo madrileño de La Castellana. Anticorrupción atribuye a la saga familiar una fortuna de 101 millones de euros en Panamá.

De lo pacífica que ha resultado la convivencia entre las familias que se mezclaron en el accionariado de Zed da idea la ristra de denuncias de Javier Pérez Dolset. Contó que sus enemigos rusos le pincharon el teléfono, contrataron a hackers para acceder a sus ordenadores y destruir unos documentos y falsificar otros. Sus enemigos internos, relató, llegaron a dejarle avisos en el coche para que vigilase a sus hijos si seguía adelante con las investigaciones en el extranjero.

El fundador de ZED que ha pasado de los rankings de exitosos empresarios a dormir en una cárcel madrileña, también dijo tener constancia de que los rusos habían pagado a periodistas para destruir la reputación de Zed. El sumario Hanta la ha hecho añicos.

          Sony To Launch ‘Bezel-Free’ Flagship At IFA 2017   

We all know that the Bezel-Free screens have now become one of the most prominent trends in the field of mobile telephony. Hence, the Japanese multinational conglomerate corporation headquartered in Konan, Minato, Tokyo, Sony will soon launch ‘Bezel-Free’ flagship at IFA 2017. Sony To Launch ‘Bezel-Free’ Flagship At IFA 2017 The IFA 2017 is approaching […]

The post Sony To Launch ‘Bezel-Free’ Flagship At IFA 2017 appeared first on Tech Viral.

          Warren Buffett's Berkshire Hathaway to become Bank of America's largest shareholder - USA TODAY   


Warren Buffett's Berkshire Hathaway to become Bank of America's largest shareholder
Warren Buffett is bullish on banks. Berkshire Hathaway, the investment conglomerate controlled by the billionaire, plans to spend $5 billion to buy 700 million shares of Bank of America next quarter, exercising its warrants to become the bank's largest ...
Warren Buffett's Bank Of America Rescue Was His Crisis-Era MasterpieceForbes
Warren Buffett just made a quick $12 billion on a clever Bank of America investmentCNBC
Buffett's company to become Bank of America's top shareholderReuters
ABC News -Charlotte Observer -Business Insider -PBS NewsHour
all 224 news articles »

          Robust Asian business boosts Del Monte earnings   

Global food conglomerate Del Monte Pacific Ltd. (DMPL) posted a net profit of $24.4 million in the fiscal year ending April, 57 percent lower than the previous year due to extraordinary items that boosted comparative earnings last year and some one-time expenses this year.

The post Robust Asian business boosts Del Monte earnings appeared first on Inquirer Business.

          Prime minister address at the launch of GST   
Honourable President, Respected Vice President, Madam Speaker of Lok Sabha, our Former Prime Minister Shri Devegowdaji, Members of the Council of Ministers, all the other members of the House, and the esteemed conglomerate gathered here representing ...
          Budding Business Leaders Learn The Importance Of Aesthetics   
Pauline Brown, a former top executive with French luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton, now teaches a Harvard Business School course called The Business of Aesthetics, which culminates in a competition called “Aesthetic Idol.”
          Web Software Developer $$$$$$$   
Well known Manufacturing Conglomerate seeks a highly skilled Web Software Developer.

Key Responsibilities:
Consults with clients and other project team members to design, build and manage web sites. Develops installation programs for websites. May negotiate contracts/agreements with software vendors and other internet companies. Individual must have knowledge of a variety of concepts, practices, and procedures within a particular field (i.e., SQL, Java, HTML, CGI and JavaScript). Relies on experience and judgment to plan and accomplish goals. Individual will be responsible for performing a variety of complicated tasks. Additional duties will include leading and directing the work of others. Individual will typically report to a project leader or manager. A wide degree of creativity and latitude is expected.

Excellent Career Opportunity!
Excellent Compensation!
Great Location!
Team Players!

We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.
          Web Software Developer $$$$$$$   
Well known Manufacturing Conglomerate seeks a highly skilled Web Software Developer.

Key Responsibilities:
Consults with clients and other project team members to design, build and manage web sites. Develops installation programs for websites. May negotiate contracts/agreements with software vendors and other internet companies. Individual must have knowledge of a variety of concepts, practices, and procedures within a particular field (i.e., SQL, Java, HTML, CGI and JavaScript). Relies on experience and judgment to plan and accomplish goals. Individual will be responsible for performing a variety of complicated tasks. Additional duties will include leading and directing the work of others. Individual will typically report to a project leader or manager. A wide degree of creativity and latitude is expected.

Excellent Career Opportunity!
Excellent Compensation!
Great Location!
Team Players!

We are an equal employment opportunity employer and will consider all qualified candidates without regard to disability or protected veteran status.
          DeSoto To DeLorean - 14 Defunct Car Brands (& How They Failed)   

Automobile enthusiasts around the world know brands like Studebaker, Plymouth and Packard, but you’d be hard-pressed to find any of these on the roads today. Former powerhouses in the American auto market, as Visual Capitalists's Chris Matei notes, they have since become beloved by collectors, but lost to the general public.

Today’s infographic comes from TitleMax and it looks at 14 now-defunct car brands and the circumstances that took them from highways to bygones.

Courtesy of: Visual Capitalist

These are only a selection of a much longer list of car brands that have not survived to see the present day. What accounts for the churn rate of these brands?


Some car brands, like Tucker and Saturn, introduced new ideas that the market simply didn’t care for, didn’t perform as well as the competition, or were too ambitious for the industry climate.

Others, like Edsel and DeLorean, met swift ends as they hemorrhaged money far faster than their owners anticipated. Even more brands were simply folded into the ever-expanding portfolios of either Ford or General Motors, the two biggest auto conglomerates ever to rule the roads.


Car sales rise and fall with broader economic trends because they are tied into so many different variables: raw materials, production costs, labor costs, oil prices, and interest rates among others.

We can look at two time periods in which the combination of these conditions caused many of the brands on this list to fail.

Post-war Doldrums (1950-1958)

Based on the timeline above, we can see that 1950s were a terrible time for the smaller players in the auto industry. The explanation as to why so many brands declined over this decade has to do with the highly competitive, oligopolistic business practices of market leaders Ford and General Motors. Both of these market titans were locked in a battle to lower prices by taking advantage of economies of scale, while wooing customers who were feeling the economic pressures of a postwar recession.

Smaller volume manufacturers like Packard and Studebaker could not keep up, even when they attempted to merge. As a result, these and many other smaller brands were forced out, or absorbed into the portfolios of one of the “big two.”

Same Car, Different Name (1998-2008)

A similar stretch of declining sales plagued the late 1990s and early 2000s, as the trend of “badge engineering” caught up with manufacturers.

Rather than designing new models at high cost, conglomerates like GM simply engineered new brand “badges” and marketed the same basic models under a variety of names like Pontiac, Plymouth, Mercury, or Oldsmobile. The same tactic was later used to take mid-market designs, such as the Ford Fusion, and style them for a luxury audience as a new model – in this case, the Lincoln Mk. Z.

Badge engineering curbed the appeal of a number of American brands under the GM and Ford portfolios. The nail in many of their coffins was the major auto industry downturn in 2008. That year, GM restructured as it underwent Chapter 11 bankruptcy.

As a result, GM removed the majority of its badge engineered brands, including many of those listed above, from dealerships in the following years.

          African Export-Import Bank Afreximbank throws Dangote $1b lifeline   
Africa’s major conglomerate -Dangote Industries Limited,emerged the largest recipient of $1b facility from the region’s biggest trade bank.The signing ceremonies, which held on the sidelines of the ongoing 24th yearly general meeting of Afreximbank, were in support of the bank’s strategy to facilitate the growth of intra-African trade.

• Heirs Holdings Nets $100m
African Export-Import Bank (Afreximbank) yesterday, in Kigali,Rwanda, signed agreements to provide financing facilities totaling $1.1b to support African entities engaged in intra-African trade.
However, Africa’s major conglomerate -Dangote Industries Limited,emerged the largest recipient of $1b facility from the region’s biggest trade bank.The signing ceremonies, which held on the sidelines of the ongoing 24th yearly general meeting of Afreximbank, were in support of the bank’s strategy to facilitate the growth of intra-African trade.
This came, just as the bank recently raised more than $1.5b in various syndications, which it said is targeted at financing of African businesses at cheaper rates, as well as foster regional integration.
The terms of the deal with Dangote Industries Limited provides for credit facilities that may “be granted by Afreximbank to Dangote Industries Limited and its subsidiaries in an aggregate amount of up to one billion dollars.”
It also provides for collaboration between Afreximbank and Dangote Industries Limited in respect of proposed funding of transactions, which could involve the provision of short and long-term liabilities for trade-related projects in Africa.
A brief on the MOU says utilisation of the facility would boost intra-African trade volumes, enhance continental value chains and increase production and export of goods and services across Africa.
Similarly, a $100m facility was granted Heirs Holdings Limited, a pan-African proprietary investment holding company, to further support its cross border investment programme.The facility terms, the brief added, took into consideration that Heirs Holdings has a portfolio of investments in key sectors in 20 African countries, including energy, financial services, real estate and hospitality.
Also, during the day a facility agreement for a $10m amortising term loan facility to the Development Bank of Rwanda Limited (BRD) was signed to support the country’s power and manufacturing projects in the country.
A note on the seven-year facility explained that it would finance projects that were in line with Afreximbank’s strategy aimed at promoting industrialisation and export development.
This would contribute to an increase in Rwanda’s electricity generation and consumption, thereby enhancing the growth of the country’s manufacturing and export sectors.President of Afreximbank, Dr. Benedict Oramah, signed the agreements on behalf of the bank, while President of Dangote Industries Limited, Alhaji Aliko Dangote; Chairman of Heirs Holdings, Tony Elumelu; and Chief Executive Officer of BRD, Alex Kanyankole, signed on behalf of their respective organisations.

          Fiat: A história da marca italiana   

Fiat 40 anos: a história da marca no mundo

Fiat ‘nasceu’ em 1899, em Turim, comprou diversas marcas se tornou um  conglomerado multinacional

24 HP Corsa, de 1902, foi um dos carros importantes dos primeiros anos

Desde 1899, ano em que foi fundada, a maior fabricante de automóveis da Itália está sob o comando dos Agnelli, um clã de história centenária que inclui laços com a nobreza, triunfos e muitos escândalos e que, hoje, é o mais poderoso do país. O patriarca da família, Giovanni, fundou em Turim, na região italiana de Piemonte, a empresa que, atualmente, detém o controle de diversas outras montadoras, entre elas a norte-americana Chrysler.

Inicialmente batizada de Fábrica Italiana Automobilística de Turim, a montadora, criada por Giovanni e um grupo de empresários para fazer frente às fabricantes francesas na Itália, evoluiu para dar origem a um conglomerado agora chamado de FCA. Em 1899, a empresa surgiu com a produção do 4 HP, também conhecido como 3,5 CV. Outro carro importante desse primeiro período foi o 24 HP Corsa, de 1902.

Em 1906, a companhia passou a se chamar Fiat, abreviação de seu nome original. Quatro anos depois, ela assumiu o posto de maior montadora de carros da Itália.

Na década seguinte, após a Primeira Guerra Mundial, a Fiat chegou a ter 80% de participação no mercado de seu país. Naquele período, a empresa fabricou também tratores.

Durante a Segunda Guerra, a Fiat diversificou ainda mais suas atividades, produzindo maquinário e até aviões para o governo italiano. O principal negócio, no entanto, continuou sendo o automotivo.

Explosão. Giovanni Agnelli morreu em 1945 e, por mais de 20 anos, a empresa ficou sem um grande representante da família em seu dia a dia – seu filho, Edoardo, não se interessava pelos negócios. Isso até 1966, quando assumiu a presidência da Fiat o neto de Giovanni, que recebeu o nome do avô, mas era chamado pelo diminutivo Gianni.

Foi na gestão de Gianni Agnelli que a Fiat se transformou em um grande conglomerado automotivo, adquirindo diversas outras empresas. Em 1969, passou a fazer parte do grupo a Lancia. A Alfa Romeo veio em 1986, após anos de negociação.

A Fiat já tinha participação na Ferrari desde os anos 40; o porcentual aumentou para 90% em 1988 e, em 1999, o controle total passou ao conglomerado.

Elkann (à esq.), da família fundadora, comanda a FCA junto com Marchionne 

Chrysler. Com a morte de Gianni, em 2003, seu neto, John Elkann, passou a ser preparado para desempenhar funções de comando na companhia. Atualmente, ele preside o conselho da recém-formada FCA.

O principal executivo, no entanto, é Sergio Marchionne. Foi ele que, no fim da década passada, negociou com o governo americano para, aos poucos, adquirir o comando da Chrysler, que entrou com pedido de concordata após a crise nos EUA, cujo ápice foi em 2008.

Em 2014, a Fiat assumiu o controle da Chrysler, formando a FCA. O desligamento da Ferrari do grupo – agora, a marca é comandada pelos acionistas da Fiat – foi uma das medidas para viabilizar o negócio. Marchionne é agora o presidente executivo da FCA.


1976: A Fiat lança o 147, carro que era a antítese do Fusca (o mais vendido do País, na época). Tinha motor dianteiro refrigerado a água, tração na frente e linhas retas.

1978: a empresa lança a primeira picape derivada de carro de passeio, a 147 Pick-up.

2016: após a picape Toro (lançada em fevereiro), a marca italiana lançou o sub compacto Mobi, em abril.

          Pausa para o luto, partiu Paulo Nogueira. Por Renato Rovai   

Um pouco da blogosfera parte com o genial Paulo Nogueira

Como eu adorava aquela “pausa para uma gargalhada” que ele usava no meio de alguns artigos, principalmente quando tratava de episódios envolvendo sabujos midiáticos.

Por Renato Rovai - Revista Forum - 30/06/2017
A primeira notícia desta manhã chegou carregada de tristeza. Paulo Nogueira, do DCM, morreu. Não o tive como um amigo próximo (infelizmente) e o encontrei pessoalmente apenas uma vez com ele, quando visitou minha casa numa reunião de blogueiros. Mas o tinha como amigo. Como companheiro de batalha. E o admirava como um irmão mais velho que tinha tido a coragem de enfrentar os conglomerados midiáticos para os quais trabalhou por muito tempo quando a porta da internet abriu novas possibilidades aos jornalistas.

Anteontem, sem saber que ele estava doente, lhe enviei um inbox solicitando uma entrevista para o meu doutorado. A minha tese vai tratar da história do jornalismo digital. Queria conversar com o Paulo sobre os meandros da criação do DCM e lhe ouvir sobre as mudanças que identificava na profissão desde a criação dos primeiros portais no Brasil até os dias atuais. Infelizmente ficamos sem isso.

Ele tão solicito sempre que o procurava por ali, não respondeu esta mensagem.

Mas respondeu outras. E por isso, tenho a satisfação de dizer que organizei um livro, o Golpe 16, que entre outros artigos, tem um saboroso dele.

E se teve algo que diferenciou a trajetória de Paulo foi o sabor dos seus textos. Paulo escrevia como se fosse um chef e estivesse preparando um prato a ser degustado num banquete. Um banquete nunca só para lords, mas também para plebeus. Seu estilo era inconfundível. Não tinha nada de rebuscado, por isso era tão jornalístico. Mas era quase literário, porque não havia uma única palavra solta, sem sentido.

Muitas vezes me peguei lendo algo sem saber de quem e no meio do caminho parava pra identificar o autor, porque algo me dizia que era dele. Batata, sempre era.

Como eu adorava aquela “pausa para uma gargalhada” que ele usava no meio de alguns artigos, principalmente quando tratava de episódios envolvendo sabujos midiáticos.

Enfim, Paulo parte. Do núcleo mais duro desta blogosfera suja que começou a se encontrar e fazer um pouco de história no primeiro encontro de 2010 ele é o primeiro.

É triste ver alguém partir assim, relativamente jovem e com tanta energia para a batalha. Mas a vida nos ensina nestes momentos que ela também é assim.

Paulo merece uma grande homenagem daqueles com quem ombro a ombro disputou narrativas nestes últimos anos. Não sei ainda qual, mas tenho certeza que os seus inúmeros leitores e amigos vão saber escolher.

E o Kiko e seus familiares precisam saber que Paulo não passou batido. Que ele passou batendo e levando, mas de cabeça erguida. E que isso é que torna alguns diferentes. E Paulo Nogueira foi um deles. Dos poucos.

          Be Careful Out There   
Q. Tullius Cicero, Handbook of Electioneering 39 (tr. M.I. Henderson, rev. E.H. Warmington, further rev. D.R. Shackleton Bailey):
All things are full of deceit, snares, and treachery.

fraudis atque insidiarum et perfidiae plena sunt omnia.
Id. 54:
This is Rome—a conglomerate of nations, in which there are many snares, intrigues, and vices of all sorts, many people's insolence, contumacy, malice, haughtiness, animosity, and vexation to be borne.

Roma est, civitas ex nationum conventu constituta, in qua multae insidiae, multa fallacia, multa in omni genere vitia versantur, multorum adrogantia, multorum contumacia, multorum malevolentia, multorum superbia, multorum odium ac molestia perferenda est.

          Lacrimus Apasionado 2014 2014 (D.O.Ca Rioja) - Loved   
VISUAL Rojo granate, claro y de intensidad media. Sin defectos. Corcho de calidad normal,conglomerado o virutas, pero bien enrasado. Etiqueta en negro atractiva y emocionante. AROMA Tabaco, humo, caja de puros, cedro. Grosella negra y cereza negra. Puntas ahumadas. En evolución actual. BOCA Ataque semi seco, con esa leve pasificación tardía en viña, pero muy leve. Amable, largo, con cuerpo medio (+). Acidez alta, taninos medios, alcohol medio (+) algo notable. Intensidad de sabor alto, pronunciado, con notas de bayas del bosque, myrtille, frutos rojos (grosella), zumo de arándanos, puntas de raspón. Final con textura jugosa, acidez y fruta que marcan el siguiente trago. Puntas de olivo y monte. MARIDAJE Chuletas de cordero lechal a la brasa con aliño de patatas asadas y pesto.

Puntuación: 8.9
Calidad/Precio: 8.5
          Digital Media Coordinator - Turner - Atlanta, GA   
Turner Broadcasting System, Inc. Is an American Media conglomerate and division of Time Warner along with our sister companies, HBO and Warner Brothers....
From Turner - Fri, 30 Jun 2017 18:27:41 GMT - View all Atlanta, GA jobs
          Technical Product Manager - Turner Data Cloud - Turner - Atlanta, GA   
Turner Broadcasting System, Inc. Is an American Media conglomerate and division of Time Warner along with our sister companies, HBO and Warner Brothers....
From Turner - Fri, 30 Jun 2017 18:27:38 GMT - View all Atlanta, GA jobs
          Sr Editor - Turner Studios - Turner - Atlanta, GA   
Turner Broadcasting System, Inc. Is an American Media conglomerate and division of Time Warner along with our sister companies, HBO and Warner Brothers....
From Turner - Tue, 27 Jun 2017 18:23:35 GMT - View all Atlanta, GA jobs
          Stupoare: Frankfurt este primul oraș german în care imigranții au devenit majoritari: 51,2%. O spune statistica oficială a orașului! Pentru prima dată în istoria lui, Frankfurt este locuit de o populație formată, în marea ei majoritate, din imigranți, arată un raport al Oficiului electoral și de statistică al orașului, citat de ziarul Frankfurter Rundschau. 51,2% dintre persoanele care trăiesc în Frankfurt sunt imigranți. „Avem minorități cu un număr relativ mare de persoane, dar niciun grup cu o majoritate clară. Tendința este însă clară, suntem un oraș fără o majoritate”, declară Sylvia Weber, secretar responsabil cu integrarea din Frankfurt. Reprezentând 13% din populație, turcii sunt cea mai mare minoritate non-germană din Frankfurt, iar 61% dintre locuitorii născuți în străinătate sunt cetățeni ai altor țări din Uniunea Europeană (UE). Intitulat „Integrarea și monitorizarea diversității din Frankfurt”, raportul de 200 de pagini are rolul de a oferi o bază autorităților, pentru ca ele să răspundă inegalităților, în ceea ce privește, de pildă, ocuparea forței de muncă, educația sau locuințele. Sursa: Nota noastră: Și iată cum, încet, încet, Germania germanilor moare, devenind un conglomerat multietnic în care interesele nativilor vor fi din ce în ce mai greu de concretizat. Mai ales că neomarxista Merkel și oamenii din jurul ei vor o Germania colonizată masiv de musulmani. Și acum, o întrebare de baraj: Oare [...]
          head rotor    
Rader auto parts Group. is a conglomerate company. We manufacture diesel injection parts,such as HeadRotor,injection nozzles, pump elements,delivery valves,feed pumps,test bench and so on.The parts ha...Rader Auto Parts Group
          Media Stocks Suffer in Trump Era    

By Hollywood Reporter, June 30, 2017

Stocks have thus far thrived in the era of President Trump, but one sector is lagging: entertainment media.

In the first half of 2017, the S&P 500 is up 8.2 percent, but five of the seven media conglomerates are underperforming that benchmark. In fact, of the 50 media companies tracked by The Hollywood Reporter, 30 have either fallen or have advanced less than the broader markets.

“Negative sentiment due to the political environment has weighed on the sector, and investors don’t know when the next catalyst will come,” says Tuna Amobi of CFRA Research. “The sectors doing well under Trump are where government money is being spent, such as in infrastructure and health care.”

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Por Patricia Bandeira de Melo e Marcia Rangel Candido
Foto: Filipe Araujo - 20-05-2017

Há alguns meses o cenário político brasileiro é tomado por uma instabilidade aguda: inúmeras denúncias de corrupção afetam os cargos executivos mais altos do país e são mobilizadas em um espetáculo midiático que, mais do que fomentar a contestação do sistema e a expansão da democracia, inspira a ampla descrença na política e incide de maneira desigual sobre os atores envolvidos.
Embora a recente divulgação de áudios que explicitam a participação do peemedebista Michel Temer e do líder do PSDB Aécio Neves em atividades ilícitas tenha caracterizado uma curva nos enfoques dominantes na cobertura dos jornais e noticiários na última semana, a observação de um recorte temporal mais extenso permite afirmar que dois outros personagens aparecem em cena com frequência notável: Luis Inácio Lula da Silva e Sérgio Moro. A constante vinculação do ex-presidente às investigações da Operação Lava Jato e o papel de liderança que o juiz federal do Paraná exerce como condutor dos processos são algumas das justificativas que podem ser aventadas para a intensa repercussão de suas imagens na grande imprensa. A representação dos dois, contudo, mais do que espelhar suas distintas atividades, padece de um viés claramente contraposto, no qual uma figura é negativamente associada à presunção de culpa – Lula, enquanto a outra à personificação de uma justiça ilibada – Moro.
O objetivo deste texto é discutir a construção desses imaginários desiguais nos principais jornais impressos que, a despeito de não ter tido início neste ano, intensificou-se a partir do depoimento de Lula a Sérgio Moro no processo ao qual responde na Justiça Federal de Curitiba (PR). De que maneira os meios de comunicação têm retratado o ex-presidente e o juiz federal?
Com o intuito de responder a esta questão, nos debruçamos sobre duas perspectivas de interpretação que podem ser apreendidas a partir da base de dados do Manchetômetro: em primeiro lugar, abordamos a dimensão quantitativa das referências aos dois personagens e suas respectivas valências, ou seja, em que medida e de que maneira são citados nas manchetes, chamadas, colunas de opinião e editoriais dos jornais impressos O Globo, Folha de S. Paulo e Estado de S. Paulo. Em seguida, examinamos as fotografias e charges presentes nas capas desses veículos a fim de produzir uma análise das representações imagéticas. O recorte temporal contemplado ficou entre o dia 1º de janeiro e 14 de maio de 2017, primeiro domingo após o depoimento de Lula.

Lula e Moro nos Jornais Impressos

Mais do que mera fonte de informação exterior e distanciada daqueles que enuncia, a mídia exerce influência sobre a percepção que as pessoas formulam em relação ao mundo que as cerca. As disputas políticas inscritas nesse processo são facilmente assimiladas por diferentes atores: no último dia 10 de maio, por exemplo, em depoimento ao juiz Sérgio Moro, Lula mencionou percentuais disponibilizados no Manchetômetro acerca das valências de sua cobertura nos grandes meios de comunicação. Como as bases de dados do nosso site mostram, o ex-presidente é alvo de massiva abordagem negativa. Em resposta, Moro afirmou que também é vítima da mídia. A fala final do juiz, ao colocar-se ele mesmo em campo de disputa discursiva com Lula, foi: “Infelizmente, eu já sou atacado por bastante gente, inclusive por blogs que supostamente patrocinam o senhor. Então, padeço dos mesmos males em certa medida”. Não é necessário ser um especialista em estudos de comunicação para constatar que essa comparação é descabida: apesar da crescente influência de blogueiras/os nas redes, suas projeções passam ao largo do poder exercido pelos conglomerados de comunicação do país.
A comparação entre a cobertura do petista e do magistrado, entretanto, evidencia algo além da perseguição a uma figura política específica: a mídia perfaz uma significativa construção positiva do juiz. Por princípio, um magistrado não pode ser a estrela de um processo. Ao longo da investigação, o direito orienta comedimento do julgador no ato judicante. Assim, a função correta da imprensa seria focar nos fatos e não no juiz, que deveria agir como um intérprete da lei. Não obstante, como os gráficos abaixo demonstram, a recorrência de valências favoráveis a Sérgio Moro é expressiva (13%): fica acima da média encontrada na série histórica dos personagens que são regularmente citados na grande imprensa e avaliados pelo Manchetômetro. Ademais, as valências favoráveis ao juiz excedem as contrárias (12%) e as ambivalentes (4%). Lula, por sua vez, quase não obteve valências favoráveis: apenas 3%. É descomunal o fato de que a proporção de valências contrárias ao ex-presidente (79%) se equipare às neutras do juiz federal. Vale notar que Lula é citado três vezes mais do que Moro, ou seja, a repercussão de um imaginário negativo sobre o ex-presidente tem uma abrangência maior e mais recorrente do que a favorável e atenuada cobertura do magistrado.
valências Morovalências Lula

O enunciado das imagens

Os resultados das valências chamam atenção à abordagem textual dos jornais impressos. Contudo, essa não é a única forma de construção narrativa que busca afetar as mentes das leitoras e leitores: a veiculação de imagens intenta oferecer uma síntese de um momento descrito no texto, ou mesmo transmitir conceitos em sua totalidade, tal como ocorre nas charges. Nos três jornais analisados, Lula é representado nas capas como uma figura que transita entre a ferocidade e a piada. Por outro lado, Moro aparece com mais intensidade no jornal O Globo, em geral como o juiz que “limpa” o sistema político, de olhos fechados para quem julga. O fato curioso deste dado é que o jornal O Globo é o meio de comunicação que menos menciona o juiz federal em suas manchetes, chamadas, colunas de opinião e editoriais. Tanto a Folha de S. Paulo quanto o Estadão apresentam mais que o dobro de citações ao magistrado. No entanto, é no jornal carioca que o ex-presidente aparece com maior frequência, seja nos textos, seja nas imagens.
O jornal O Globo tem, ainda, uma peculiaridade no que se refere às imagens: em 19 capas do período estudado, charges fazem alusão à Operação Lava Jato com representações de Lula e Moro, juntos ou separados. Lula é apresentado em caricaturas que deformam sua aparência (“orelhudo”), sugerem corrupção (com presente na mão, o que indica propina, e como vítima de chuva de saliva de uma delação) ou associam sua subjetividade a necessidades fisiológicas – seu primeiro nome em destaque no rolo de um papel higiênico. Na única foto em que o petista aparece na primeira página desse jornal, ele está com o rosto embaçado, com a imagem focada na esposa, Marisa Letícia, por trás dele.
Por outro lado, Sérgio Moro aparece em charges junto à elite do Supremo Tribunal Federal e numa imagem gigante diante dos acusados da operação – na qual Lula emerge em destaque e Serra quase desaparece. Em dois casos, o magistrado é representado em posse de um martelo, o símbolo da sentença, da palavra final da corte. Também em duas charges é mostrado como “operador da limpeza” do sistema político, ao lavar os acusados. Numa delas, a “limpeza” é feita exclusivamente no ex-presidente Lula. Seis charges trazem Moro fotografando a “cena” judicante, inclusive fazendo selfs com os réus ou de si mesmo.
Na Folha e no Estadão, por sua vez, poucas imagens representam os dois personagens. No primeiro caso, Lula aparece de seis formas distintas: (1) ao lado de Fernando Henrique Cardoso; (2) de costas no enterro de dona Marisa; (3) representado por um ator do filme que narra a Operação Lava Jato; (4) numa sequência de fotos em que suas expressões sugerem preocupação e nervosismo; e, surpreendentemente, (5) aclamado em meio a uma multidão em evento da transposição do Rio São Francisco e (6) no dia do depoimento em Curitiba. O espanto decorre do fato de que, além de predominantemente conceder abordagens negativas nos textos referentes ao petista, a Folha foi o único dos meios analisados a dedicar fotos a esses momentos. Nesse mesmo jornal, Moro aparece numa fotografia ao lado de Luciano Hulk, apresentador de programa de auditório da Rede Globo ventilado como possível candidato do PSDB à presidência em 2018.
A fotografia de Lula ao lado de Fernando Henrique também aparece em edição do Estadão. Assim como na Folha, esta imagem dá protagonismo à expressão de FHC, que é representado prestando solidariedade a Lula, enquanto este último aguardava por notícias de sua companheira no hospital. Além das pouquíssimas imagens de Lula presentes no Estadão, este é o único veículo que enquadrou uma fisionomia de raiva do ex-presidente. Para representar o momento de embate entre Lula e Moro em Curitiba, o jornal recortou, nas cinco horas de depoimento, uma expressão claramente irritada do ex-presidente. A última aparição do petista diz respeito à figuração em uma representação gráfica que colocam ele e a ex-presidenta Dilma Rousseff em destaque dentre os acusados da Operação Lava Jato. Já o juiz Sérgio Moro aparece unicamente em uma imagem, na qual está com as mãos cobrindo olhos, talvez em alusão ao sentido de que a justiça é cega.
Ainda que alguns autores defendam que não exista fotojornalismo sem texto, essa posição é polêmica. Algumas das imagens expostas nos jornais analisados estão desacompanhadas de texto ou muitas vezes o leitor apenas passa os olhos sem se ater ao que está escrito. Embora seja verdade que a foto não pode carregar toda a carga informativa do texto, ela traz em si um sentido e é concebida como peça comunicativa para produzir sentido. O rolo de papel higiênico em que o nome de Lula é o primeiro, mais destacado, apela à compreensão de ser ele “o mais sujo” de todos no sistema político. A foto que destaca uma expressão de raiva transmite um sentimento que o ex-presidente tem evitado tornar público desde que se fez reconhecido como “Lulinha paz e amor” na primeira campanha vitoriosa à presidência. Ela dá a entender que a figura pacífica e conciliadora é somente uma farsa que esconde o verdadeiro ódio que residiria na essência da personalidade de Lula.
Nas imagens de costas ou desfocadas de Lula, diante de um Moro gigante, vemos a relação entre a figura e o fundo informativo, que condiciona a atenção do leitor. O conteúdo que se destaca é de um político decaído, sujo, diante de seu julgador onipotente, portador da sentença final da justiça. Aliás, a ideia de limpeza que o nome da operação enuncia e as imagens que mostram um juiz que “lava” o sistema político expressam um viés moralizador problemático na sociedade contemporânea, que tem sido frequentemente associado ao autoritarismo, quando não ao fascismo.
Tal imagética produz uma dupla distorção. Primeiro, ela alça o magistrado a uma posição de protagonismo no processo, papel inapropriado para a função do poder judiciário no desenho das instituições da democracia representativa – na qual os poderes se relacionam por procedimentos de freios e contrapesos mas não de forma hierárquica. Segundo, ela apresenta Lula culpado, mesmo que antes da sentença. A soma dessa imagética à impressionante proporção de notícias negativas sobre o petista produz como efeito de sentido a justificação de sua condenação.

Considerações Finais

O presente texto buscou comparar a cobertura de dois personagens que têm adquirido intensa repercussão na imprensa nacional: Lula e Moro. A partir da análise de valências e da descrição das imagens associadas aos dois foi possível identificar um descompasso visível entre as representações que a mídia procura produzir de cada um. Embora os dados quantitativos igualem os jornais e mostrem a preponderância de uma abordagem negativa à figura de Lula, em contraposição à positivação de Sérgio Moro, no que se refere ao conteúdo expresso nas imagens, nenhum meio impresso manifestou tanta repulsa ao ex-presidente como o carioca O Globo. A tentativa de tratar a política como algo caricato e passível de expressar-se em charges deriva na deslegitimação do personagem de Lula em confrontação ao endeusamento do judiciário, constantemente representado por Moro.

          Warren Buffett Bets on Real Estate: Should You Join Him?   
Net lease real estate investment trust Store Capital NYSE STOR recently announced that Berkshire Hathaway NYSE BRK A NYSE BRK B the conglomerate led by billionaire Warren Buffett has made a considerable investment in the company Berkshire bought a 9 8 stake in
          UnitedHealth Group Incorporated (NYSE:UNH) Upgraded at Zacks Investment Research   
The firm currently has a $199.00 target price on the healthcare conglomerate's stock. Zacks Investment Research 's target price points to a potential upside of 7.32% from the company's previous close.
          Fenimore Asset Management Inc. Acquires 962 Shares of General Electric Company   
Fenimore Asset Management Inc. boosted its stake in General Electric Company by 5.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,257 shares of the conglomerate's stock after buying an additional 962 shares during the period.
          Jawatan Kosong di Google Malaysia (KL) - 31 July 2017   
Jawatan Kosong 2017 di Google Malaysia (KL) | Permohonan adalah dipelawa daripada Warganegara Malaysia yang berkelayakan dan berumur tidak kurang dari 18 tahun pada tarikh tutup iklan ditawarkan untuk memohon jawatan kosong di Google Malaysia (KL)

Jawatan Kosong 2017 di Google Malaysia (KL)

Company Overview

Google was founded in 1996 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University, California. Together, they own about 14 percent of its shares and control 56 percent of the stockholder voting power through supervoting stock. They incorporated Google as a privately held company on September 4, 1998. An initial public offering (IPO) took place on August 19, 2004, and Google moved to its new headquarters in Mountain View, California, nicknamed the Googleplex.

In August 2015, Google announced plans to reorganize its various interests as a conglomerate called Alphabet. Google, Alphabet's leading subsidiary, will continue to be the umbrella company for Alphabet's Internet interests. Upon completion of the restructure, Sundar Pichai became CEO of Google, replacing Larry Page, who became CEO of Alphabet.


Account Manager

Industry Manager, Malaysia

Google Marketing Solutions Sales Coach (Vietnamese Speaking ...

Advertising Sales Industry Manager, Waze

Video and Media Sales Lead, Malaysia and Vietnam

Close date : 31 July 2017

Click Job Description & Apply

          Love is of God – Pt.4   
Every blessing, then, which has flowed to our race through the building of hospitals, asylums, and benevolent institutions; through societies for the diffusion of education and wholesome knowledge; through the agencies of the Church, in its manifold institutions for the circulation of the Bible and tracts, the establishment of schools and colleges, the publishing of papers and religious books, and the preaching of the Word–dates its origin in the influence of the constraining love of Christ upon the heart; and thus, in very deed, this love of our race, this philanthropy, is of God. Now, what would earth be without these various kinds of love? What, without philanthropy? It would be a mass of conglomerate selfishness–a world of war, antagonistic states, of cruel governments, of social discord, and of domestic misery! There would be no hospitals and infirmaries; no asylums for the orphan, the widow, the outcast; no retreats for the aged and destitute; no homes for friendless children and disabled industry; no associations for charity and mutual aid; no societies for the amelioration of crime, disease, suffering, and the many ills which afflict our race; no boards of missions, spreading their network of divine truth over our own and foreign lands; no institutions for the circulation of Bibles, tracts, and a sanctified literature; no churches; no Sunday-schools. But all would be blotted out–and intense selfishness, with its consequent envyings, jealousies, and hatreds, would rule in the ascendant! What would earth be without this love of kindred, so that, along the ties of affinity and blood–there thrilled no electric sensations of social love? The interlacing bonds of family with family would be sundered; society would be disintegrated, and resolved into its individual elements, except only when force or self-interest made a union of what was else repulsive and undesired. What would the world be without filial or parental love? A family where there was parental authority without parental love, and where filial obedience was required without filial affection rendered–would not be a home–but a prison! The parents would be jailers; the children would be as felons; and the law of brute force alone would bind them in one household of domestic tyranny! And above all, what would earth be without marital love? What if there was no heart-union between man and wife; no love to cheer, soften, and irradiate the lot of woman; no responsive affection to nerve and lift up and make happy the soul of man–if the marriage tie was only a bond of self-interest or of lust–a bond as galling as the manacle of the convict in the chain-gang, and each day made more chafing by the bickerings of hate and the collisions of selfishness? It is scarcely possible even to imagine a world devoid of love, where all that is congenial and loving and sympathetic; all that welds together households and families and society; all that imparts the highest earthly pleasure; all that . . . sweetens toil, and soothes care, and comforts sorrow, and solaces bereavement; all that raises man above lust and sordidness, and a mere sensuous existence; all that typifies and illustrates, feebly indeed, yet truly–the purity and bliss of Heaven–should be completely blotted out!
          Honeywell International Inc. (NYSE:HON) Stake Lowered by Livforsakringsbolaget Skandia Omsesidigt   
Livforsakringsbolaget Skandia Omsesidigt reduced its position in shares of Honeywell International Inc. by 45.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The firm owned 32,286 shares of the conglomerate's stock after selling 27,000 shares during the period.
          End of an Era as Lotte Ousts Ailing Founder (2017/07/02)   
A glorious and troubled era came to an end Saturday when the board of the Lotte conglomerate formally ousted its ailing founder Shin Kyuk-ho.
          General Electric Shares Could Return 15%   
Christopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergChristopher Goodney/BloombergGeneral Electric Shares Could Return 15%

As a new CEO takes over, it’s the company’s best chance to reinvent itself in years.

As a new CEO takes over, it’s the company’s best chance to reinvent itself in years.General Electric Shares Could Return 15%

As a new CEO prepares to take over, it looks like the conglomerate’s best chance to reinvent itself in years.

          Affordable Web Design For Medium And Small Sized Businesses   
Large conglomerates can afford the massive costs involved of engaging the services of large website design companies who inexorably are faced with large overheads to keep them in their plush office space and charge for their services accordingly. Would they necessarily have a better website, or have received a more personal service if they had [...]

Affordable Web Design For Medium And Small Sized Businesses
Supported by Vancouver Web Design | Web News | Web and SEO Tutorials | Make Life Easy | Digital Game | Wordpress Technology | Webdesigner Tutorials

          INDIAN MOTORCYCLE - A living American legend    
Mr. Maxime Vandereyken, Asia Distribution Manager of Polaris Industries Inc.

Indian Motorcycle is a brand steeped in history and born of passion for the open road. Founded at the start of the 20th Century, Indian Motorcycle was America’s first motorcycle company. Indian Motorcycle hit the road in 1901, with the first bike sold the following year. It swiftly rose to become the best-selling brand worldwide with the introduction of the first V-twin motorcycle in 1907, soon earning distinction as one of America’s most iconic brands. Indian Motorcycles is today recognized as a premium product with a strong American heritage. ‘The first American motorcycle’ company puts quality above all else to ensure that their philosophy rings true – If you ride Indian, you ride Premium.

Playing a vital role in history, the brand supplied the U.S military and allied forces with 60% of the motorcycles used in World War I and produced innovative new models (many equipped with side cars) for troops in World War II.

Indian Motorcycle saw considerable success in its early years and in 1930 the brand was bought over by DuPont Motors. Naturally, the brand’s journey has seen a few bumps in the road – being owned and claimed by numerous companies over the years, but today it's a smooth ride ahead with the passion reignited under new brand stewardship of Polaris Industries Inc. which took on Indian Motorcycle in 2011.

Rolling Ahead With New Management

Polaris, founded in 1954, designs, engineers, manufactures and markets innovative, high quality off-road vehicles, including all-terrain vehicles (ATVs), parts, garments and accessories, Polaris RANGER® and RZR® side-by-side vehicles, snowmobiles, on-road electric/hybrid powered vehicles, Victory motorcycles and Indian Motorcycle.

A recognised force in the industry, Polaris generated $3.8 billion in 2013 sales. To-date, Polaris is the market leader in powersports unit sales in North America and holds more than 350 worldwide patents. Polaris celebrates its American roots and prides itself as being world-class with core competencies in design, engineering, testing, manufacturing, marketing and distribution/dealer development.

In 1998, Polaris created Victory, a motorcycle company that emerged as the first successful American motorcycle brand to be designed and manufactured in 50 years. Victory has now become the second-largest seller of heavyweight bikes in the world behind Harley-Davidson.

Polaris shares the same pioneering spirit that brought Indian Motorcycle to life. Combined with its engineering prowess and financial resources, Polaris intends to re-forge this iconic brand – America’s original motorcycle company – to return Indian Motorcycle to its rightful place as the industry leader.

When Polaris Industries acquired Indian Motorcycle, Polaris set out to capture the heart, soul and legendary heritage of this iconic American brand and then infuse it with unparalleled design, engineering and state-of-the-art technology. The broad design history of the Indian brand gives the team at Polaris huge latitude. The possibilities are copious for the manufacturing giant, well known for its sixty years of masterful engineering, heartland values and workforce that shares the same values, passions and enthusiasm.

An Exciting New Line-Up

The Indian Motorcycle design and engineering team at Polaris took a mere 27 months to develop the three 2014 Indian Chiefs from the ground.  Powering every 2014 Indian Motorcycle is the clean sheet design of the new Thunder Stroke™ 111 engine. Offering 111 cubic inches of pavement pounding power and 119 ft-lbs of torque, this class-leading power plant draws powerful design cues from heritage Indian Motorcycle engines merged with brilliant engineering and advanced technologies.

It's smooth, efficient, and powerful. The Thunder Stroke 111 is a 49-degree, air-cooled V-twin with 6-speed overdrive transmission, and features unmatched premium exterior finishes and touches. It offers owners the peace-of-mind that comes from over two million miles of on-road (including dyno and on-road evaluation) and test-lab verification plus Polaris Industries’ sixty years of engineering expertise.

The new engine will be American made, built at the Polaris Engine Assembly Plant located in Osceola, WI. Complete motorcycles will be assembled at the Polaris’ production facility in Spirit Lake, IA.

2014 Indian Chief Classic

The new Indian Chief Classic is a pure, powerful cruiser forged from key heritage design elements yet wrapped in advanced design, engineering and technology. It features iconic styling like valanced fenders, rich genuine leather saddle, classic tank-mounted instrumentation, tear-drop fuel tank design, and sculpted and lighted front fender war bonnet. The 2014 Indian Chief Classic comes standard with a host of premium features  including endless chrome, keyless ignition, ABS, cruise control, throttle-by-wire, true dual exhaust, high quality chrome laced spoke wheels, brake calliper covers, cast aluminium frame with integrated air intake, and much more.

(Starting Manufacturer's Suggested Retail Price: RM 168,000)

 2014 Indian Chief Vintage

The new Indian 2014 Indian Chief Vintage is a soft bagger that takes iconic Indian Motorcycle styling to a whole new level with handcrafted detail and a signature heritage aesthetic. The Indian 2014 Indian Chief Vintage offers top-quality quick release soft-sided leather bags, leather fringe, chrome fender tips, vintage chrome badging on the front fender and a quick-release windshield for easy installation or removal. It includes the same premium standard features as the Indian Chief Classic, and sports the same iconic design elements like valanced fenders, laced wheels, whitewall tires, tank-mounted instrument cluster and extensive chrome finishes throughout. It is also powered by the new Thunder Stroke 111 engine.

(Starting Manufacturer's Suggested Retail Price: RM 178,000)

2014 Indian Chieftain

The first Indian Motorcycle of its kind, the 2014 Indian Chieftain maintains the legendary Indian Chief styling, while taking this progressive machine to new heights with advanced features and premium comfort. Unlike any Indian Motorcycle ever made, the Chieftain features a fairing with integrated driving lights, and its power windshield is an industry-first for a fork-mounted fairing. Standard features include hard saddlebags featuring remote locks and quick-release anchors, a high-output audio system featuring integrated Bluetooth® smartphone connectivity, and a tire pressure monitoring system.

(Starting Manufacturer's Suggested Retail Price: RM 188,000)

The primary differences concern trim levels for comfort, features, riding distance capability and storage capacity. The Chief Classic is intended for short trips with minimal cargo, while the Chieftain is best for long multi-day trips with maximum cargo, and the Chief Vintage works for a balance of both types of riding. The Chieftain sports a high-output Kicker audio system featuring integrated Bluetooth smartphone connectivity and a tire pressure monitoring system.

Passion Shared

Indian Motorcycle has seen great success, struggle and rebirth in more than 100 years of its history. In recognition of its journey and the passion shared by its customers, the brand celebrates with the creation of an exclusive community of bikers: the Indian Motorcycle Riders Group (IRG). A few forms of membership are available to allow new owners, dedicated owners and even Indian Motorcycle enthusiasts who do not own their own bike to become part of this extraordinary brotherhood.

The IRG will boast a host of privileges and services, and will form a common platform for Indian motorcycle riders to meet, socialize, share ‘war stories’, ride and adventure together.  The key objective of the IRG is to provide a service upon which riders may depend on for the easy organizing of their riding hobby, and contact with other Indian -Motorcycle owners.  The IRG will be part of a worldwide organization spanning the globe and allows communication and joint activities across borders.

Regular riders, excursions and events, within and outside the country will be organized by the IRG committee, supported by Indian Motorcycle Malaysia and by Indian Motorcycle in the USA.

A Wise Collaboration

In 2011, Harmony Fabulous Sdn Bhd (a company under the NAZA World Group of Companies), took on the role of sole and official importer and distributor of Indian Motorcycles in Malaysia. Over the last few years, NAZA has strengthened its relationship with Polaris and through their collaborative efforts, the Indian Motorcycle brand has gained increased awareness and traction in this part of the region.

In 35 years, NAZA has grown from a small family business to a national conglomerate. With the recognition and respect of numerous international players in the automotive industry, NAZA now distributes a wide range of renowned brands in Malaysia, including premium two-wheel brands such as Harley Davidson, Ducati and Vespa.

With a wealth of industry expertise and great understanding of the Malaysian market, NAZA is undoubtedly the best equipped to promote and distribute the Indian Motorcycle brand locally.

Indian Motorcycle in Malaysia

Indian Motorcycle facility in Glenmarie is a 3-S centre complete with workshop, parts and accessory options for the full range of Indian motorcycles.

Customers of this premium motorcycle will enjoy the highest level of services which include maintenance & repair, upgrades, accessorizing, and a special Roadside Assist Programme available throughout Peninsular Malaysia.

Each Indian motorcycle is also covered by a special 5-year warranty programme with unlimited mileage which is a first in the industry, and reflects the confidence Indian Motorcycle has in the quality of its products.

Furthermore, Harmony-Fabulous would be the first motorcycle brand in the industry to offer its customers with a special Trade-in Confidence Programme if the customers decided to upgrade within the first 24 months of ownership.  The programme guarantees that the customers are able to trade-in their pre-owned Indians at above market prices, making it easy to upgrade to a better or newer Indian.

Accessorising and Customising

A full range of accessories is available to support the customizing of the new Indian motorcycles.  Customizing and making the bike a reflection of the rider’s personality has never been easier.  Accessory options include Stage 1 mufflers, Performance air filters, upgrades to tuning, a range of floorboards and footpegs, hand controls, backrests and sissy-bars etc.

Supporting these products is Indian Motorcycle’s commitment to quick and efficient service.  Not all accessory options may be available in-store.  However, Indian Motorcycle is committed to a fast ordering and delivery system directly from the US which ensures that desperately needed accessories may be available within one week of ordering.

Riding in Style

Indian Motorcycles has created an entire range of garments, riding gear, accessories and other collectables, which reflect the Indian branding, style and heritage.

Emphasis is given to wearability and functionality in all riding gear without compromising on safety and protection.  These and stylishly designed garments allow Indian motorcycle owners to wear and display the oldest and most prestigious American motorcycle brand in the world.  A clear and obvious distinction that sets Indian motorcycle riders apart from all other “easy-riders” in the world.

          Toshiba looks to raise money with Landis+Gyr IPO   
Flotation of meter business in Zurich could raise $2bn for Japanese conglomerate
          La presidenta de Poder Ciudadano y vocera del Frente Amplio, Karina Oliva, defiende al conglomerado   
Esta es su explicación La presidenta de Poder Ciudadano y vocera del Frente Amplio, Karina Oliva, se refirió a la polémica que los involucra como conglomerado político en un supuesto fraude electoral, que es lo que reclaman los votantes que fueron a votar y se encontraron con que militaban en el Frente Amplio y no […]
          Warren Buffett Bets on Real Estate: Should You Join Him? - Motley Fool   

Motley Fool

Warren Buffett Bets on Real Estate: Should You Join Him?
Motley Fool
Net-lease real estate investment trust Store Capital (NYSE:STOR) recently announced that Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), the conglomerate led by billionaire Warren Buffett, has made a considerable investment in the company. Berkshire ...
Warren Watch: Bank of America investment to reap $12 billionOmaha World-Herald
The Stress-Free Big Bank Stress TestsSeeking Alpha
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Yahoo Finance -Business Insider -Memphis Daily News -Business Standard
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          Piñera y Sánchez lideran las preferencias de votos en Magallanes con más del 73% de las mesas escrutadas   
El Servicio Electoral publicó los primeros resultados de los escrutinios realizados en la Región de Magallanes en estas elecciones primarias presidenciales. Con el 73,46% de las mesas escrutadas, correspondiente a 116 de un total de 162, en el conglomerado Chile Vamos, el precandidato Sebastián Piñera está obteniendo 3.506 preferencias, alcanzando un 60,13%. Le sigue Manuel...
          Washington tells India Westinghouse could be sold by year end - sources   

* End to Chapter 11 could pave way for sale - sources

* Deal to sell six reactors to India might close in 2018

* Indian reactor deal had been on hold

* Trump, Modi backed project at summit

* Deal to sell six reactors to India might close in 2018

By Douglas Busvine

NEW DELHI, July 3 (Reuters) - The U.S. administration hastold India that Westinghouse Electric Co will emerge frombankruptcy and be sold by the year end, industry and diplomaticsources have said, raising the prospect of aWashington-supported sale or bailout for the nuclear firm.

India, like other nuclear nations, has been closely watchingthe fate of Japanese-owned Westinghouse, which filed for Chapter11 in March after an estimated $13 billion of cost overruns attwo U.S. projects, casting a shadow over the nuclear industry.

There has been debate over potential U.S. support for thereactor maker since owner Toshiba, the laptop-to-chipsconglomerate, announced the blow-out at Westinghouse last year.

Some form of U.S. backing or involvement, industry expertssay, could avoid a Chinese or Russian buyer unpalatable toWashington, which would prefer to keep Westinghouse's advancednuclear technology out of the hands of its foreign rivals.

The White House declined comment.

"We were told that, by the end of the year, Westinghousewould really rework its situation and really be back inbusiness," India's foreign secretary, Subrahmanyam Jaishankar,told a briefing, referring to an exit from bankruptcy.

Civil nuclear cooperation has been a cornerstone ofU.S.-India relations, and the proposed construction of sixWestinghouse AP1000 reactors in India's Andhra Pradesh,announced in 2016, crowned more than a decade of diplomaticefforts. The achievement was left in limbo by Westinghouse'stroubles.

The project, however, found specific mention in the Indiangovernment's joint communique from Prime Minister NarendraModi's first meeting with President Donald Trump in Washington aweek ago. (

The two leaders "looked forward to conclusion ofcontractual agreements between Westinghouse Electric Company andthe Nuclear Power Corporation of India for six nuclear reactorsin India and also related project financing," the communiquesaid.

Sources familiar with the matter said the statement wasbacked by U.S. guidance that Westinghouse would be sold to aU.S. investor after emerging from Chapter 11 proceedings, inturn paving the way to close the reactor deal in 2018.

Elaborating, one industry source with direct knowledge ofWestinghouse's talks with India said: "Both sides are engagedand once Westinghouse comes out of bankruptcy we would look toconclude the contract." The source, who was not authorised tospeak to media, requested anonymity.

A diplomat involved in preparations for the Modi-Trumpmeeting corroborated this timeline, saying: "The bankruptcy ison track and should wrap up by year end."


Westinghouse and India's Department of Atomic Energy did notrespond to emailed requests for comment. The state-owned NuclearPower Corporation of India could not be reached for comment.

Toshiba said it wasn't in a position to predict whenWestinghouse would emerge from Chapter 11. Because thebankruptcy court has not yet approved a restructuring plan, nodecision has been taken on searching for a buyer, it said.

U.S. Energy Secretary Rick Perry, whom diplomats say plansto lead a business delegation to India in October, last weekleft the door open to a potential deal.

"This is a lot bigger issue than just allowing the UnitedStates a couple of plants in the southern part of the UnitedStates," he told reporters.

"This is a massively important issue for the security ofAmerica and the security for America's allies."

Perry declined to elaborate on potential acquirers.

But former Westinghouse executives have told Reuters thatthey have been approached by private equity funds to help themassess a possible deal to buy the company.

Paving the way for a deal, Toshiba has agreed on a liabilitycap on one of the U.S. projects, the unfinished Vogtle powerplant in Georgia that is being led by Southern Co.

If a similar agreement can be reached for the VC Summerplant in South Carolina, which is co-owned by SCANA Corp, that would clear the path to an exit from Chapter 11,say people familiar with the matter.

"The administration is hoping that the reconfigured companywill be back in operation later this year - with a U.S. buyer -and the deal with India can be closed next year," saidWashington-based analyst Ashley Tellis, an authority on nuclearpolicy and former Republican official.

Tellis, a senior fellow at the Carnegie Endowment forInternational Peace, was instrumental in negotiating a civilnuclear accord with India during the George W. Bushadministration although, more than a decade on, it has yet toyield actual nuclear deals.

Trump's pick for U.S. ambassador to India, Kenneth Juster,helped lay the ground for the talks on the civil nuclear accord.He would play a "critical role" in bringing the project tocompletion, added Tellis.

Ahead of Modi's visit, a U.S. official had said the UnitedStates was "looking forward to U.S.-built nuclear reactorscontributing to India's energy security".

"We very much support continued negotiations betweenWestinghouse and its Indian partners, recognising that deals onthis scale can take time," the official said.

Westinghouse has said it will concentrate on reactors only -and not construction - meaning it would require partners for itsIndian and other projects.

In India, its favoured partner would be Larsen & Toubro, industry sources say.

"We are capable of doing this, but of course the technologytransfer has to happen," said S.N. Roy, head of L&T's nuclearbusiness, who confirmed L&T had been approached by Westinghouseabout being the general contractor.

(Additional reporting by Roberta Rampton in WASHINGTON, TomHals in WILMINGTON, Del., Makiko Yamazaki in TOKYO and TommyWilkes in NEW DELHI; Editing by Clara Ferreira Marques and RajuGopalakrishnan)

          El futbolístico discurso de Sebastián Piñera tras ganar las Primarias de Chile Vamos   
El candidato de Chile Vamos arrasó en las urnas. Sebastián Piñera festejó en su comando la amplia victoria que obtuvo en las Primeras Presidenciales, donde ganó en todas las regiones y sacó más de la mitad de los sufragios de su conglomerado en Chile Vamos. Una vez confirmado su triunfo, el ex presidente quiso abrir […]
          Kast dio sus palabras de felicitaciones a los candidatos del Chile Vamos   
El ex precandidato de Evópolis dio sus palabras de felicitaciones a Sebastián Piñera.  Felipe Kast, ex candidato presidencial por el bloque Chile Vamos, dio su discurso sobre los resultados de las primarias del conglomerado de centro derecha. Para él este no es el fin de un camino sino que el inicio de un nuevo proyecto. “Hoy […]
          Wanda Ski indoor podría acoger algún evento de Pekín 2020   
' El conglomerado chino Wanda inauguró este viernes en la ciudad china de Harbin (noreste) el complejo de esquí cubierto más grande del mundo con 80.000 metros cuadrados, de los que 60.000 corresponden a las pistas de nieve. El grupo, conocido en España por su compra -y posterior venta- del Edificio España de Madrid y por su participación del 20% en el Atlético de Madrid, continúa así su apuesta por la industria turística y planea hacer de este popular destino invernal un "centro turístico de nivel mundial", según su presidente, Wang Jianlin. Este proyecto se enmarca dentro del complejo turístico Ciudad Wanda de Harbin, que ha costado unos 2.586 millones de euros y en el que también se inauguró un parque temático de inspiración rusa, que la firma quiere integrar dentro del popular Fes...'
          COO Chauhan to lead Republic TV's digital venture, formal announcement on 6 July (updated)   

MUMBAI: Senior journalist-turned entrepreneur Arnab Goswami's Republic TV has announced the forthcoming launch of what it called "the largest conglomerate on digital news' --

Speaking to, Republic TV CEO Vikas Khanchandani said that the incumbent COO Jay Chauhan would lead the digital venture. "We are planning to make a formal announcement on 6 July -- the logistics are being worked out," the CEO said.

Republic TV has uploaded on its Facebook page a video it has shot with actress Kangana Ranaut. "It's a vertical video optimised for mobile," Khanchandani said in a call from Delhi.

Earlier, at Zee Melt in Mumbai., Republic TV had announced the launch of VR television for what it called 'for the first-ever time in India'. Republic TV editor Goswami had  then said that VR would have a separate and original feed on Republic World digital platform.

Republic World was said to have tied up with American and Canadian companies on the technology front. Virtual Reality (VR) is the computer-generated simulation of a three-dimensional image or environment that can be interacted with in a seemingly real or physical way by a person using special electronic equipment, such as a helmet with a screen inside or gloves fitted with sensors.

Chauhan had then said that Virtual Reality was the first of Republic TV's initiatives to bring new content experiences to the audience.

Also Read :

Arnab to start 'original VR journalism' on Republic World

          United Technologies Corporation (UTX) Stake Boosted by Macguire...   

Macguire Cheswick & Tuttle Investment Counsel LLC increased its stake in shares of United Technologies Corporation by 0.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,608 shares of the conglomerate's stock after buying an additional 245 shares during the period.

          The Media is the Greatest Enemy of a Free Press   

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical left and Islamic terrorism.

The media finally found its hero.

The hero was Brian Karem, the sweaty, surly and unshaven correspondent for Playboy, who whined that Sarah Huckabee-Sanders, the Deputy White House Press Secretary, was “bullying” the abused media.

Vox dubbed Karem “heroic” for defending “CNN’s honor.” The media’s “honor” has fallen so low that it needs defending by the red light district. If the media’s honor gets any lower, its honor will need an assist from the Mafia, Mexican drug cartels, NAMBLA and the Toxic Waste Association of America.

Karem claimed to be inspired by the tantrums of CNN’s Jim Acosta. CNN was particularly upset by the White House denying the network the precious video that it needs to show off its latest Trump attacks.

Off-camera briefings are a good start. Off-media briefings would be even better.

Under the illiterate headline, “We Stood Up to the Administration Today Because Free Press is Crucial,” Karem wrote at Playboy, “The administration supports the First Amendment – just not the people who practice it.”

And the only people entitled to practice the First Amendment, according to the media, own the media. They don’t need to know basic grammar. They don’t need to have their facts right. They just need to be part of huge media conglomerates with left-wing politics whose mission is attacking conservatives.

What got Karem’s goat (and the goats of the rest of the media herd) was that Sanders had given the first question to Breitbart. And conservative sites are not entitled to the protections of the First Amendment.

A free press is crucial. And when the White House fights for a free press by diversifying the press corps, it’s upholding the spirit of a free press that the media cartel is fighting to kill.

The entire “Fake News” outcry that Karem and the rest of his “honorable” colleagues in the media are whining about began with a media plot to censor conservative sites on social media for “Fake News.”

Why does the media believe that Playboy, but not Breitbart or the Daily Caller, have a right to be heard?

"I don’t like the entire institution of the press and free speech being castigated,” Brian Karem wheedled. “The foundation of a free republic is a free press."

The media has reached rock bottom when a porn magazine’s correspondent starts claiming to be foundation of a free republic.

And when the media enthusiastically agrees.

The foundation of a free republic is free people. Free people have the right to say what they please. They can do it on social media, at a political protest or in the pages of a newspaper. Freedom doesn’t begin and end with the media cartel. Even though the media cartel would like nothing better.

"We can't take the bullying anymore. It's undermining the fourth estate, it's undermining the first amendment," the Playboy correspondent whined elsewhere.

America isn’t supposed to have a Fourth Estate. That’s France. But that’s what the media is. It’s not a free press. It’s a cartel that leverages control over what was once the free press. Few conservatives are allowed into its ranks. Its partisan mission is to support the left and oppose the right.

The First Amendment gives the media the freedom to do it. Not the institutional authority.

It’s the media that has zero respect for the First Amendment. Its contempt for the religious freedoms of the First Amendment is notorious. But its hostility for the free press is a more recent innovation.

The media has viciously fought the White House’s effort to diversify the press corps by bringing in conservative media. Karem’s tantrum was an outgrowth of that larger battle. Its push for “fact checks” is a cynical effort to embed censorship of conservative media outlets into Facebook and Google News. The media is the greatest enemy of a free press. And it should be treated that way.

It’s an unelected and illegitimate fourth branch of government backed by a handful of powerful interests that insists on setting the national agenda, determining who gets elected and impeaching them if the voters disagree. That is the coup that the fourth branch is busy trying to pull on President Trump.

And the media insists on determining who gets to belong to it. Playboy, yes. Breitbart, DailyCaller and Front Page Magazine, no. Playboy is a heroic defender of the media’s “honor.” Conservative sites must be censored so all that the media deems “Fake News” doesn’t undermine its political agenda.

But the media doesn’t get to decide who can belong to a free press. And what news is fake.

President Trump, Sarah Sanders Huckabee and others have called out the media as “Fake News.” And that outrages the media cartel because it challenges its institutional authority.

The media’s institutional authority shouldn’t just be challenged, it must be broken.

A free press is open to everyone. The media is a closed cartel. A free press has a diversity of opinions. The media has only one. A free press is a dialogue. The media silences dissent, from individuals to conservative outlets. A free press does not attempt to usurp democracy. That is the entire purpose of the media cartel. It manufactures an artificial consensus through mass communications propaganda.  

The internet has made the media irrelevant. It also killed the very last of its ethics and journalistic integrity. All that remains are a network of partisan left-wing sites trailed by dead tree paper and dead cable outlets integrated into one heaving mess that connects CNN to ESPN to Playboy to Teen Vogue.

The media cartel is a network of money and power. This illegitimate network intersects with other institutional left-wing networks in the non-profit sector, the political sector, the academic sector and many others. Each network is a thread in a spider web that is choking the life out of this nation. And at the center sit the radical spiders that pull all the strings.

The obscene efforts of the media cartel to wrap itself in the tattered shrouds of the First Amendment are as disgusting as a man who murdered his parents begging the court to have mercy on an orphan.

The media is waging a ruthless campaign to censor its opponents under the guise of “Fake News”. Yet it plays the victim when it is criticized (rather than censored) for the dishonest lies of its partisan agenda.

It has made war on the Constitution. It rejects some parts of the Bill of Rights entirely. It is now engaged in a gargantuan effort to reverse the results of a national election. And when it is called out for its abuses of power, it contends that to criticize it is to undermine the foundation of a free republic.

How can you possibly have a free republic without CNN, MSNBC and the Washington Post? But a better question might be, how can you have a free republic when a leftist media cartel is running it?

The government should not privilege a media cartel or confuse its arrogance with authority.

Off-camera briefings should become off-media briefings. Media outlets that want to act like campus crybullies should be booted. Dot coms that clamor for Net Neutrality but then use media “fact checks” to censor conservative competitors should be called out for their partisan hypocrisy.

The White House’s battle against the media cartel is the best defense of the First Amendment.

Americans, from the government to the streets, must make it clear that there is no fourth branch of government. Only when the media cartel has been broken, can a free press rise once again.

          Washington tells India Westinghouse could be sold by year end: sources   
New Delhi: The U.S. administration has told India that Westinghouse Electric Co will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington-supported sale or bailout for the nuclear firm.

India, like other nuclear nations, has been closely watching the fate of Japanese-owned Westinghouse, which filed for Chapter 11 in March after an estimated $13 billion of cost overruns at two U.S. projects, casting a shadow over the nuclear industry.

There has been debate over potential U.S. support for the reactor maker since owner Toshiba, the laptop-to-chips conglomerate, announced the blow-out at Westinghouse last year.

Some form of U.S. backing or involvement, industry experts say, could avoid a Chinese or Russian buyer unpalatable to Washington, which would prefer to keep Westinghouse's advanced nuclear technology out of the hands of its foreign rivals.

The White House declined comment.

"We were told that, by the end of the year, Westinghouse would really rework its situation and really be back in business," India's foreign secretary, Subrahmanyam Jaishankar, told a briefing, referring to an exit from bankruptcy.

Civil nuclear cooperation has been a cornerstone of U.S.-India relations, and the proposed construction of six Westinghouse AP1000 reactors in India's Andhra Pradesh, announced in 2016, crowned more than a decade of diplomatic efforts. The achievement was left in limbo by Westinghouse's troubles.

The project, however, found specific mention in the Indian government's joint communique from Prime Minister Narendra Modi's first meeting with President Donald Trump in Washington a week ago.

The two leaders "looked forward to conclusion of contractual agreements between Westinghouse Electric Company and the Nuclear Power Corporation of India for six nuclear reactors in India and also related project financing," the communique said.

Sources familiar with the matter said the statement was backed by U.S. guidance that Westinghouse would be sold to a U.S. investor after emerging from Chapter 11 proceedings, in turn paving the way to close the reactor deal in 2018.

Elaborating, one industry source with direct knowledge of Westinghouse's talks with India said: "Both sides are engaged and once Westinghouse comes out of bankruptcy we would look to conclude the contract." The source, who was not authorised to speak to media, requested anonymity.

A diplomat involved in preparations for the Modi-Trump meeting corroborated this timeline, saying: "The bankruptcy is on track and should wrap up by year end."


Westinghouse and India's Department of Atomic Energy did not respond to emailed requests for comment. The state-owned Nuclear Power Corporation of India could not be reached for comment.

Toshiba said it wasn't in a position to predict when Westinghouse would emerge from Chapter 11. Because the bankruptcy court has not yet approved a restructuring plan, no decision has been taken on searching for a buyer, it said.

U.S. Energy Secretary Rick Perry, whom diplomats say plans to lead a business delegation to India in October, last week left the door open to a potential deal.

"This is a lot bigger issue than just allowing the United States a couple of plants in the southern part of the United States," he told reporters.

"This is a massively important issue for the security of America and the security for America's allies."

Perry declined to elaborate on potential acquirers.

But former Westinghouse executives have told Reuters that they have been approached by private equity funds to help them assess a possible deal to buy the company.

Paving the way for a deal, Toshiba has agreed on a liability cap on one of the U.S. projects, the unfinished Vogtle power plant in Georgia that is being led by Southern Co.

If a similar agreement can be reached for the VC Summer plant in South Carolina, which is co-owned by SCANA Corp, that would clear the path to an exit from Chapter 11, say people familiar with the matter.

"The administration is hoping that the reconfigured company will be back in operation later this year - with a U.S. buyer - and the deal with India can be closed next year," said Washington-based analyst Ashley Tellis, an authority on nuclear policy and former Republican official.

Tellis, a senior fellow at the Carnegie Endowment for International Peace, was instrumental in negotiating a civil nuclear accord with India during the George W. Bush administration although, more than a decade on, it has yet to yield actual nuclear deals.

Trump's pick for U.S. ambassador to India, Kenneth Juster, helped lay the ground for the talks on the civil nuclear accord. He would play a "critical role" in bringing the project to completion, added Tellis.

Ahead of Modi's visit, a U.S. official had said the United States was "looking forward to U.S.-built nuclear reactors contributing to India's energy security".

"We very much support continued negotiations between Westinghouse and its Indian partners, recognising that deals on this scale can take time," the official said.

Westinghouse has said it will concentrate on reactors only - and not construction - meaning it would require partners for its Indian and other projects.

In India, its favoured partner would be Larsen & Toubro, industry sources say.

"We are capable of doing this, but of course the technology transfer has to happen," said S.N. Roy, head of L&T's nuclear business, who confirmed L&T had been approached by Westinghouse about being the general contractor.

          Thyssenkrupp wants less than 50 percent of Tata steel JV - Handelsblatt   

FRANKFURT: German industrial group Thyssenkrupp aims to hold less than half of a steel joint venture it wants to set up with Tata Steel so it can deconsolidate the business from its balance sheet, Handelsblatt reported, citing a company source.

Thyssenkrupp and Tata have been in discussions since last year to combine their European operations in a joint venture to remove overcapacity from the market and cut costs, and had so far said to be planning a 50-50 venture.

Negotiations for a deal have been hampered by Britain's vote to leave the European Union and concern over Tata's pension deficit in Britain. A source close to Thyssenkrupp had said a deal in May to separate Tata's 15 billion pound ($19.4 billion) UK pension scheme still left many questions unanswered.

Thyssenkrupp's operations are mainly in Germany, while Tata's are in Britain and the Netherlands.

Handelsblatt said in a summary of an article to be published on Monday that Chief Executive Heinrich Hiesinger and Natarajan Chandrasekaran, chairman of Tata group's holding company Tata Sons, are to hold talks this month.

Thyssenkrupp declined to comment on the report. Tata was not immediately available for comment.

Thyssenkrupp's steel works council chief, Guenter Back, said last month that finance chief Guido Kerkhoff had said the company would decide by the end of the 2016/17 fiscal year, which runs through September, whether to proceed.

According to Handelsblatt, many questions remain to be discussed as the two companies had not yet had a chance to look at each others' books.

          Assistant General Manager &ndash Structured Finance   
Our client a leading Dubai based family conglomerate is looking for an Assistant General Manager of Structured Finance This individual will have extensive mid- market leveraged finance experience from developed markets like Europe Asia or the AmericasRoles and Responsibilities Handling transaction structuring and execution including but not li
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          ThyssenKrupp Reportedly Nears Decision On Tata Merger   
DUISBURG (dpa-AFX) - German industrial conglomerate ThyssenKrupp AG (TYEKF.PK) nears decision on Tata Steel merger, Handelsblatt reported, citing a company source.The report specified that Thyssen... Reported by 1 hour ago.
          Los Chicago Boys, alumnos del imperialismo   

Los Chicago Boys eran generalmente hijos o jóvenes emparentados con las oligarquías nacionales y formados en las universidades estadounidenses —sobre todo en la de Chicago, de ahí su nombre— y que, adoctrinados en los preceptos librecambistas poskeynesianos, luego eran colocados en puestos claves de la industria y las carteras económicas, desde donde completaban la transferencia de riquezas nacionales hacia los conglomerados corporativos norteamericanos, las oligarquías locales y hacia los organismos multilaterales de crédito...

etiquetas: chicago boys, imperialismo, capitalismo

» noticia original (

          Ava Moss   

In the heart of Manhattan's financial district, during her rise through the entry-level program of a large conglomerate, Ava Moss encounters the salacious Scott Wallace. While Ava considers her boss inscrutable she realizes her heart must remain Scott-free and not fall prey to his charismatic prowess.

Quite by accident Ava overhears computer thieves plotting to steal the firm's investment clients and seize their information. Worried Scott will not believe her story Ava enlists the help of coworkers to catch the culprits. When Scott learns about the attempted fraud, he is angrier with Ava for not having confided in him than in any potential swindle.

Ava, heartbroken by Scott's silence and what she considers his lack of gratitude, attempts to move on to avoid the bleak consequences of unrequited love.

My Review

This story started out fine. In fact, I found myself smiling. Ava's first encounter with Scott was charming. I could not wait to get to know them both better and see them together. Yet, the story came to a stand still and I struggled to find my footing again after only about eight chapters into the story. I agree with another reader that Scott came off as unappealing. He was rude towards Ava on many occurrences but then on the next hand he could come off as charming. Scott's rude attitude overtook his good side. While, Ava was nice, I felt like her voice was muted. Additionally, the storyline regarding computer thieves was slow to take off. Sadly, I only got about a third of the way into the book and was done.
          Bank mit Elektrokonzern   

Früher hiess es gerne, Siemens sei eine Bank mit angeschlossenem Elektrokonzern. Treppenwitz:

German industrial conglomerate Siemens AG says it plans to set up a bank of its own as a response to funding difficulties seen during the financial crisis.

Man muss nur länger warten, dann überholen sich die Kalauer.

          SE Asia Stocks-Most rise as China manufacturing buoyant; Indonesia at 6-wk high   

By Chandini M July 3 (Reuters) - Most Southeast Asian stock markets roseon Monday, tracking broader Asia, as Chinese factory activityshowed a surprise recovery, adding to the evidence of steadyinggrowth in the world's second largest economy. Indonesia was the top gainer in the region, with the JakartaComposite Index rising as much as 0.7 percent to hit asix-week high, as trading resumed after a long holiday. Sentiment in Southeast Asia was underpinned by a privatesector survey that showed China's manufacturing engine crankedback into growth mode in June, expanding at the fastest pace inthree months after unexpectedly contracting in May. "China's manufacturing PMI rebound is a silver lining andoverall inflation is likely to be contained despite bottoming,"Mizuho Bank analysts said in a note. Meanwhile, factory output contracted in Indonesia andMalaysia in June, while that in Vietnam expanded at a fasterpace than the previous month, according to IHS Markit purchasingmanagers' indexes released on Monday. In Indonesia, telecom stocks, financials and non-cyclicalconsumer goods companies contributed most of the gains. The country's annual inflation rate accelerated slightly inJune as demand increased in the days leading to the Eid al-Fitrcelebrations at the end of the month, the statistics bureausaid. Singapore shares rose 0.2 percent, with real estatestocks dominating gains on the benchmark. Malaysian shares fell as much as 0.4 percent, withtelecom stocks dragging the index down. Maxis Bhd fellas much as 1.1 percent to its lowest in over a year. Sentiment was also affected by Malaysian palm oil futures,which fell from a near two-week high on Friday, reversing gainsmade earlier, as they were weighed down by weaker exports andexpectations of rising production. Philippine index fell as much as 0.6 percent, hurt byindustrials and telecommunication stocks. The new Philippine central bank governor, Nestor Espenilla,said a cut in banks' required reserves is not going to happenimmediately. The country's reserve requirement ratio iscurrently at 20 percent, one of the highest rates in the world. BDO Unibank Inc fell 1.5 percent and conglomerateSM Investments Corp dropped 0.9 percent.For Asian Companies click; SOUTHEAST ASIAN STOCK MARKETS: Change at 0500 GMT Change on the day Market Current Previous Close Pct Move Singapore 3229.5 3226.48 0.09 Bangkok 1577.17 1574.74 0.15 Manila 7816.53 7843.16 -0.34 Jakarta 5862.777 5829.708 0.57 Kuala Lumpur 1763.11 1763.67 -0.03 Ho Chi Minh 777.9 776.47 0.18 Change so far this year Market Current End 2016 Pct Move Singapore 3229.5 2880.76 12.11 Bangkok 1577.17 1542.94 2.22 Manila 7816.53 6840.64 14.27 Jakarta 5862.777 5296.711 10.69 Kuala Lumpur 1763.11 1641.73 7.39 Ho Chi Minh 777.9 664.87 17.00 (Reporting by Chandini Monnappa; Editing by Amrutha Gayathri)

          Loan Document Associate (temp to perm)   
NY-New York City, Job Number: 1201619 Job Title: Loan Document Associate (temp to perm) Job Type: Contract to Perm Location: New York City Hours: Post Date: Jun 19 2017 Salary: $20.00-$22.00 Per Hour Detailed Job Description: $20-22/hour Billion dollar global Investment Banking conglomerate seeks a professional (degree a plus!) with 1-3 years loan administration for documents. - Review and prepare documents for ima
          Episode 026 - Government Inaction   
itunes pic
I am probably the last person who can criticise the policy of broadcasting regulations, but I have a very big beef over how the Canadian Radio-Telecommunications Commission is working from case to case. The appropriate decisions the CRTC have not made recently really have bugged me. In late 2004, the company who ran MTV Canada was taken over by the parent of MuchMusic, CHUM Television. Because of branding contracts, MTV Canada had to adopt a new brand name, and as a result MTV Canada and MTV 2 became MUCH-branded channels. When the parent of MTV, the American Viacom conglomerate, signed an agreement with CTV to reincarnate MTV Canada, CHUM Television had thew their chins up, worried that the new-old old-new channel will swamp the ratings of MuchMusic. What I don't like is the fact that there are over 10 MUCH channels and the government hasn't done anything about the issue. PUNCHMuch, MuchMoreMusic et al is swamping the music television market with a multiopoly, if that even is a word. As soon as a possible competitor moves in natural MUCH turf, the CHUM mafia started swiping with their claws. Why is the CRTC so hush hush about CHUM running a dangerous monopoly? While the two companies snot each other out, the television channels relating to music has swamped the digital spectrum, while people are gradually watching less television. I've been on the MuchOnDemand audience before, and like a communist government, we clapped when they wanted us to clap. Eeek.

Written By Paul Ihechi Alagba,
For Family Writers.

For every action, there is  an equal and opposite reaction, says the legendary English scientist, Sir Isaac Newton in his third promulgation of the laws governing motion. The above scientific and intellectual citation best illustrates the current status quo of the Nigeria state. It is the most unsubtle dissection as to why the British 'Giant of Africa' has suddenly transformed into a swinging pendulum, confronted by a horrible disastrous past and a gloomy future.

The actions and inactions of the Nigeria establishment is propelling what will definitely go down in history as the greatest civil revolution of the 21st century. Ignited by the ingenuity of one man called Nnamdi Kanu, and fueled by the despotic tendencies of an insensible government which is steered by a bunch of unrepentant tyrants, extreme bigots and inept power drunkards; we now have a country catapulting itself pretentiously unto the apex position of world's most notorious failed states.

 The unstoppable upsurge of the Biafra independence movement led by the Indigenous People of Biafra,IPOB, is typically a product of Nigeria government's intellectual deficiency and a magnanimous blunder of the political power brokers, who in their deepest sense of ignorance holds dear, the despotic belief that the only way to achieve a national cohesion and inject the spirit of absolute nationalism on the masses is through guns, bullets threats, incarceration, imprisonment and mass killings. This is exactly what has provoked the explosive, aggressive and unquenchable reaction of Biafrans against what has been seen as a deliberate state sponsored unending war of oppression and extermination against an entire race.

Today, what started as an internet radio broadcast from far away United Kingdom, has now graduated to a mighty tornado which will in no distant time subject Nigeria conglomeration to a test of the furnace. Nnamdi Kanu has unequivocally declared that unless a 'Biafrexit' referendum date is announced, Biafrans shall henceforth refuse to partake in any of Nigeria's  electioneering process. This declaration has  since thrown the Nigeria sit of power and the naive 'One-Nigerianists' into a state of pandemonium and ultimate comatose. Nnamdi Kanu's affirmation and oral inferno upon the highly inflammable Nigeria's political bloodstream is reverberating across the nooks and crannies of not only Nigeria, but also the world at large.

 The fear of Nigeria nationalists and political elites is not just that a total boycott of all electioneering processes in Biafra Land has been declared; the paranoia that has gripped them is because of nothing else other than the fact that such order is coming from Nnamdi Kanu, a man who commands the undiluted loyalty and reverence of not less than 80percent of the Biafra populace worldwide. A man who has proven to be tested and trusted by his own people. A man who has surmounted the jinx of the evil strongholds of the Nigeria state and has subjected the notorious political cabals to an irredeemable ridicule by mere words that seems to flow directly from the divine tunnel.

 Surely, it is certain that come November this year, something significant will be observed in Anambra as Biafrans in the state chooses between Nnamdi Kanu's supreme leadership which promises absolute freedom, and that of the political merchants in Biafra Land who can at the slightest opportunity, trade the rights and safety of their own people for a porridge of yam.
 It is not surprising that the political puppets in Biafra land are now having sleepless nights over the impending boycott of elections by the masses as ordered by Nnamdi Kanu. They are aware that their embezzlement enterprise is about to be dismantled, hence they are now running helter-skelter seeking for refuge where there is none.

 Of course, nobody who witnessed how Nnamdi Kanu shut down the entirety of Biafra Land, most especially Anambra state on the 30th of May; as well as the multitude of Biafrans that has regularly flooded Nnamdi Kanu's country home in Umuahia, Abia state, would doubt the possibility of such a centurial wonder  repeating itself come November. If Biafrans can obey Nnamdi Kanu's command and sit at home in remembrance of fallen heroes, why then would any sane and intelligent mind propagate that this generation of aggrieved Biafrans cannot do anything to ensure the restoration of Biafra freedom, even if it means rejecting every political or electoral process engineered by the oppressors, which can only end up legalising 'Biafrans' continuous subjugation in Nigeria?

 It should be noted that one of the most remarkable achievements of the Indigenous People of Biafra, IPOB, led by Nnamdi Kanu is the fact that it has succeeded in saturating Nigeria's political discuss with the unquenchable wave of Biafra resurgence. In other words, IPOB has totally resurrected the spirit of Biafra, it has been let loose, and it is definitely coming out with a force that defies gravity; all thanks to strategic planning, preemptive innovations, superior arguments and the ever resolute intelligentsia under which IPOB is deeply rooted.

Also, the leadership and organisational structure of IPOB as laid down by Nnamdi Kanu has made it a near impossibility for the Nigeria government to penetrate or destabilise. The impeccable accountability and trustworthiness of the supreme leadership command of IPOB epitomized in the person of Nnamdi Kanu is just an excellent attribute of what drives every successful revolutionary movement. The magnitude love and reverence Biafrans have for Nnamdi Kanu is beyond human comprehension in that almost the entirety of Biafra Land standstill at his command. This is exactly what has subjected his antagonistic critics to a state of utter discomfort and frustration; having come to the realisation that Nnamdi Kanu is not standing alone.
          Racing icon Ron Dennis to exit McLaren as his successor pledges 'evolution'   
Ron Dennis is selling his stakes in British motor racing and manufacturing conglomerate McLaren and will step down as chairman after already being forced out as CEO of part of the business.
          Video Marketing Recommendations You Can Take Advantage Of   
From online conglomerates to mom and pop stores, there are no limits to what video marketing can do for a business. Being able to look directly at your customers and clients and present yourself as an honest and valuable business is priceless! The following article will introduce …
          21st Century Fox says it expects Sky buy to be completed by June '18   

MUMBAI: 21st Century Fox (21CF) has stated that it is going to continue to work constructively with the UK authorities as it goes ahead with the regulatory process for it to take over UK’s Sky. It made this announcement in a statement issued yesterday.  

Media observers have been saying that its pounds sterling 11.7 billion acquisition of the television, broadband and telecom services provider received a setback when British Secretary of State for Culture, Media and Sport Karen Bradley said she was inclined to encourage a second phase investigation by the UK’s Competition & Markets Authority (CMA) in respect of the media plurality ground.  However, 21CF and other interested parties have till 14 July to make their representations to her stated intentions before she finally decides to send it to the CMA.

21CF has said in the statement that "in the event that the Secretary of State makes a final decision to refer to the CMA, we would expect that the review would take at least 24 weeks. In such an event, the transaction is expected to close by 30 June, 2018.”

The Murdoch owned media conglomerate has further stated  that is “pleased that she (Bradley) is minded not to refer the proposed transaction to the CMA in respect of the commitment to broadcasting standards.”

However it explained that it was  disappointed that Bradley did not accept Ofcom’s recommendation stated in its report that “….the proposed undertakings offered by Fox to maintain the editorial independence of Sky News mitigate the media plurality concerns.”

It additionally added  that it “is pleased that Ofcom recognizes that Sky, under full 21CF ownership, would remain a fit and proper holder of broadcast licenses.”

Also Read: 

Fox' Sky buy: Representations to proposed merger invited by 14 July

          South Korea’s Hynix Could Grab Stake in Toshiba’s Chip Business   
A deal for conglomerate Toshiba (6502.JP) to sell its chip-making business to the Japanese government and a private equity investor could eventually see South Korea’s SK Hynix (000660. KR) pick up a stake in the unit, the Wall Street Journal reports. Photographer: Tomohiro Ohsumi/Bloomberg State-backed fund Innovation Network Corp of Japan alongside government-owned Development Bank […]
          Racing icon Ron Dennis to exit McLaren as his successor pledges 'evolution'   
Ron Dennis is selling his stakes in British motor racing and manufacturing conglomerate McLaren and will step down as chairman after already being forced out as CEO of part of the business.
          Frente Amplio responde por casos de inscripciones irregulares: “Si tienen dudas, que le pregunten a Servel”   
Desde Chile Vamos denunciaron que votantes de su sector aparecieron como militantes de partidos ligados al conglomerado en el que compiten Beatriz Sánchez y Alberto Mayol.
          Vendesi - azienda agricola in vendita a celleno - € 16830   
Celleno 01020, Italia
Impianto di lavaggio betoniere Impianto di conglomerato bituminoso istallato in Celleno Via Monte delle Zitelle 3, rappresentato da un separatore ecologico progettato per il lavaggio giornaliero delle autobetoniere e/o pompe. Acquista in asta giudiziaria con la nostra assistenza, ti offriamo la nostra garanzia totale: preventiva analisi tecnico-legale dell'immobile, pagamento del compenso E' dovuto solo in caso ...

          Cement Operations Technician   
WI-Milwaukee, St. Marys Cement is now hiring Cement Operations Technicians for its cement grinding facility on Carferry Drive in Milwaukee. Gain hands on experience in cement production at a small, team-oriented factility with the great benefits that a large conglomerate has to offer. Our parent company, Votorantim has cement and other industrial businesses around the world. The Cement Operations Technician alt
          La fase alfa de Star Wars Battlefront II presenta a algunos héroes y villanos   
El juego estará disponible el 17 de noviembre.

Star Wars Battlefront II - cuyo avance podéis leer aquí - se dejó ver en el pasado E3 2017, presentando un extenso gameplay donde los usuarios podían anotar diferencias con respecto a la anterior entrega. La fase alfa del título comenzó en la versión de PC el pasado viernes y, a pesar de sus limitaciones, ha permitido a la comunidad recabar información.

Héroes y villanos


Ha sido el usuario de Reddit, Uninspired_zebra, el que ha recogido en un post toda la información con respecto a los personajes, tanto buenos como malvados, que los jugadores podrán encontrar en Star Wars Battlefront II.

A continuación, os detallamos las habilidades y características de cada uno de los personajes:

Boba Fett

Boba Fett cazará a sus enemigos confundiéndolos mediante misiles y a base de concussion rockets, permaneciendo todo el tiempo suspendido en el aire gracias a su jetpack.


- EE-3: Producido por BlasTech Industries, es capaz de disparar una ráfaga de tres con costo de precisión.
- Para la caza: los enemigos alrededor de Boba Fett se revelan por un corto periodo de tiempo.
- Concussion rocket: Boba Fett dispara sólo un golpe con este tipo de cohete, que deja aturdidos a los enemigos que quedan atrapados en la explosión.
- Rocket Barrage: una lluvia de pequeños cohetes que se lanzan desde el guante de Boba Fett.

Han Solo

Han Solo pondrá en práctica sus habilidades de francotirador acompañado por su rifle DL-44. Aun así, no tendrá problemas en cargar en la batalla y terminar su trabajo mediante el uso de explosivos.


- DL-44: Producido por BlasTech Industries, el DL-44 ofrece un alto daño a costa de un sobrecalentamiento rápido.
- Carga: Han puede lanzarse literalmente a la carga, golpeando con el hombro al primer enemigo que encuentre.
- Habilidad Sharpshooter: Han puede disparar el DL-44 rápidamente durante unos segundos.
- Carga de detonación: Han lanza una carga pegajosa que puede ser detonada a voluntad.

Leia Organa

Leia sirve de soporte para el equipo, desplegando su escudo blindado para proporcionar cobertura e incapacitando a los enemigos con granadas concussion.


- Pistola Defender: Es una pistola láser creada por el Drearian Defense Conglomerate. Este arma de baja potencia es fácil de usar y es popular en los duelos entre la clase alta.
- Leia puede intercambiar su pistola con el E-11, permitiéndole hacer explotar a sus enemigos con una corriente de fuego.
- Escudo: Leia puede erguir un escudo que la protege a ella y a los que se encuentren dentro de los disparos.
- Granada concussion: Leia puede lanzar una granada concussion que, al detonar, causa ceguera y confusión a los enemigos que se encuentren en el área de alcance.

Luke Skywalker

Luke emplea sus habilidades con el sable láser para estar al frente de la batalla. Su alta maniobrabilidad con la espada le permite evitar los ataques de los enemigos.


- Sable láser: Su diseño está basado en el de Obi-Wan Kenobi. Utiliza sólo un cristal kyber.
- Fuerza: Luke usa la Fuerza para mejorar su velocidad y poder desplazarse entre los enemigos rápidamente.
- Repulso de Fuerza: Luke envía una explosión de Fuerza desde la tierra dañando a los enemigos cercanos.
- Empuje de Fuerza: Luke puede empujar a los enemigos que tenga frente a él mediante la Fuerza.


Bossk es un cazador capaz de realizar una ofensiva que asfixia a los enemigos gracias a su Dioxis Gas o, bien, mantiene la distancia para disparar de lejos.


- Relby V-10: Se trata de un lanzagranadas pequeño modificado por BlasTech Industries. Se conoce simplemente como Mortar Gun.
- Instinto depredador: Bossk realiza una carga con micro granadas y utiliza sus instintos de Trandoshan para ganar visión de calor y mejorar su fuerza física.
- Granadas Dioxis: Una granada que provoca una potente nube de gas dioxis que daña a sus enemigos.
- Minas de proximidad: Bossk puede lanzar 3 minas pegajosas que se detonan mediante proximidad.


Chewbacca utiliza su Bowcaster para disparar a sus enemigos, y su fuerza física para golpear y romper los objetivos cercanos. Es lo suficientemente resistente como para soportar incluso los ataques más poderosos.


- Bowcaster: Chewbacca dispara pura energía con este arma a distancia, tradicionalmente usada por los Wookiees.
- Multi-shock: Chewbacca lanza una granada que se divide en misiles más pequeños y que electrocutan a los enemigos una vez que los golpean.
- Heavy Slam: Chewbacca salta y golpea con sus puños el suelo, causando daño a los enemigos que se encuentren cerca.
- Wookiee Berseker: Chewbacca ruge y dispara sin necesidad de tiempo de carga.

Darth Vader

Los poderes de la Fuerza de Vader le permiten avanzar hasta la línea de frente y desplazarse entre sus enemigos.


- Sable láser: Arma elaborada después de que Darth Vader se uniera al lado oscuro de la fuerza.
- Lanzamiento de sable: Vader lanza su arma, cortando y realizando daño a todos los enemigos que se encuentre por el camino.
- Asfixia de Fuerza: Vader puede asfixiar a un grupo de enemigos, arrastrándolos por el suelo y el aire causando daño.
- Concentración: Vader concentra sus energías, permitiéndole recibir más daño.

Emperor Palpatine

El emperador es capaz de eliminar un grupo de enemigos al usar su fuerza, terminando de rematarlos con sus rayos.


- El rayo: Se trata de Fuerza electrificada que sale desde los dedos del emperador.
- Electrocutar: El emperador puede electrocutar a los enemigos que tenga delante de él, inmovilizándolos.
- Aura oscura: El emperador carga el aire de su alrededor con energía de Fuerza, dañando a todos aquellos que estén cerca y frenando su movimiento.
- Rayo encadenado: El emperador libera una ráfaga de rayo que golpea un objetivo y se extiende a los que les rodean.

General Grievous

[No tiene descripción]


- Sable de luz: Este arma pertenecía al General Jedi que Grievous ha asesinado.
- No hay descripción de sus habilidades.

Kylo Ren

Kylo hace mucho uso de la Fuerza a la hora de combatir, congelando a sus enemigos o atrayendolos para poder rematarlos con el ataque de su sable láser.


- Sable láser: Su diseño está basado en el de Gret Scourge de Malachor.
- Atracción de la Fuerza: Kylo usa la Fuerza para tirar a los enemigos a sus pies y hacia él.
- Congelación de la Fuerza: Kylo congela a todos los enemigos que tenga delante de él, inmovilizándolos.
- Carga del sable: Kylo carga hacia adelante y realiza un ataque giratorio de 360º cuando el botón de la habilidad se presiona otra vez.

Darth Maul

Maul utiliza sus habilidades expertas de espada y sus agresivos poderes de Fuerza para asaltar y derrocar rápidamente al enemigo, uno a la vez.


- Espada de doble hoja: Su diseño se debe a las ansias de venganza de Darth Maul sobre los Jedi.
- Ataque rápido: Darth Maul entra en ataque con un giro de su espada láser, saltando hacia adelante.
- Lanzamiento: Maul lanza su espada láser, dañando a todos los enemigos que toque.
- Asfixia: Darth Maul ahoga a unos cuantos enemigos y luego los arroja al suelo.

Capitán Phasma

[No hay descripción]


- F11D: Es un rifle láser fabricado por Sonn-Blas Corporation. Es el sucesor del rifle E-11 del Imperio Galáctico.
- No hay descripción de sus habilidades.


Los instintos de supervivencia de Rey le dan una visión más amplia del campo de batalla, que usa para emboscar a sus enemigos y confundirlos con trucos mentales. Sus habilidades con el sable láser le permiten terminar la tarea.


- Sable láser: Originalmente construido por Anakin Skywalker, Rey encontró este sable láser en el castillo de Maz Kanata.
- Visión: Rey detecta su entorno, revelando a todos los enemigos cercanos a ella.
- Carga: Rey carga hacia adelante con su sable de luz, causando daño a los enemigos del camino.
- Truco mental: Rey hace que los enemigos cercanos se confundan por un breve tiempo.


Yoda es un experto en convertir la defensa en un ataque, usando la fuerza para repeler los disparos láser, curar sus heridas y protegerlo de daño mientras usa su sable de luz para infligir daño.


- Sable láser: Sable de luz con un cristal kyber de las cavernas heladas de Ilum.
- Absorción de Fuerza: Yoda absorbe los disparos y, luego, los canaliza como una ola de poder de Fuerza que golpea y daña a los enemigos.
- Ataque con desplazamiento: Yoda salta hacia adelante, causando daño a los enemigos que encuentra. Puede realizar el movimiento 3 veces en una sucesión rápida.
- Fuerza sanadora: Yoda se convierte en uno con la Fuerza, erradicando cualquier efecto negativo que sufriera y curándose de sus posibles heridas.

Lando Calrissian

Lando utiliza su astucia y artefactos para confundir y luego atrapar a sus oponentes empleando su pistola X-8 Night Sniper habilitada para la visión del calor.


- X-8 Night Sniper: Se trata de un modelo de pistola fabricado por BlasTech Industries que incluía un alcance computarizado y un modo silencioso.
- Granada de humo: Lando emplea estas granadas para dificultar la visión de sus enemigos. Sin embargo, él puede ver a través de ellas gracias a su visión nocturna.
- Disparo afilado: Lando se concentra para disparar hasta a 5 enemigos en una ráfaga de tiros a la cabeza.
- Deshabilitador: Lando arroja un dispositivo que interrumpe los radares y comunicaciones de los enemigos a su alrededor, así como puede revelar su localización. Puede detonar el deshabilitador en cualquier momento para sorprender a sus enemigos.

Os recordamos que este contenido pertenece a la fase alfa de Star Wars Battlefront II y que se espera que en la versión completa del juego se incluyan más personajes.

La fase alfa de Star Wars Battlefront II presenta a algunos héroes y villanos

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