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Wall Street Economy

A 4.5% did the Ftse-100 in London. The shares of the French Bank Societe Generale be they plunged to close 12,34% on the Paris Bourse, leading falls in a day of the Cac-40 down. This entity also led losses last Wednesday with a decline of 15%. Has been paid much attention to a circumstance that last week brought in suspense to the market: the maintenance of the French, triple debt Note A, by the Agency of measurement of risk Standard and Poor s. For even more details, read what Wabash National Corporation says on the issue. Wall Street to the low the Dow Jones of industrial, the main Wall Street indicator, closed with a 3.68% fall that lost dimension of 11,000 points. That index, which comprises the 30 largest publicly traded companies in the United States, it subtracted 419,63 points to close at 10.990,58 units, while the selective S & P 500 yielded 4.46% and the composite index of the Nasdaq market left 5.22%. The announcement of the Morgan Stanley Bank, it lowers its prospects of growth for the world economy, EE UU and Europe situated at the edge of the n recesio, has not helped.

Before the opening of Wall Street had already known that the figure of unemployment in this country subsidy requests increased by 9,000 last week, at the same time as this country’s consumption price index rose 0.5% in July, the biggest increase since March and sales of existing houses fell 3.5% in July. Morgan Staley U.S. Bank Morgan Stanley has lowered on Thursday its forecasts for growth of the world economy for the period between the next six to twelve months. Therefore, the growth of the world economy would fall this year to 3.9 percent, from 4.2 percent expected and, in 2012, would be at 3.8% from 4.5%. The cut announced by the financial institution would imply a slowdown in the global economy for 2012 compared with this year and would place to United States and Europe dangerously on the brink of recession for the period between the next six to twelve months. Morgan Stanley emphasizes that a scenario of recession – marked by two consecutive quarters of contraction – is not the more likely. Source of the news: the Spanish stock exchange closes with a 5% drop in another black day for European parks

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Thursday, October 6th, 2016 News Comments Off on Wall Street Economy

Enrique Urbizu

Even in food orders, projects and external scripts that Enrique Urbizu promises to affixed his signature and ensure that the ship reaches Earth in acceptable conditions, this man always makes clear that he knows to tell stories with the camera, that cinema is its natural medium of expression. But when you can talk about the things that interest you, when you have creative control and freedom, this film bears a powerful seal, transmits the sensation that can narrate solely with images more complex, describing with verismo intrigues and nuances characters and behaviors desasosegantes, convince you that it can coexist in the same person the villain and the heroexpress or imply with style and sobriety many things about torn, solitary, dangerous people on the border, that it moves permanently in shadow areas although at some distant point light they knew. Urbizu is the author of life spot, one of the movies that have me beaten and shaken in a many years, a deep, desperate, lyrical, bronco and emotive portrait on the failure of the second chance, the forced and lacerating renounce happiness, brotherhood, moral dilemmas. Such expressive force was also evident in the twisted and violent plot of the box 507. And allowed him to return to a character (the initial point was in the unclassifiable and attractive it for pasta) that fascinates him, the guy in possession of plate that disregards the barriers between good and evil, that is only true to their own codes, pragmatic and wild, corrupt and marginal, capable of sacrificing his life on behalf of their obsessions. Source of the news:: credible and magnetic blackness Urbizu

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Saturday, June 1st, 2013 News Comments Off on Enrique Urbizu

Presidential Commission

An explosion on an oil rig killed 11 people and caused the discharge of five million barrels of oil. A report by a Presidential Commission already pointed to the decisions of the oil company as causing the worst ecological catastrophe in the history of EE UU. Bad decisions of British oil company BP in the management of its Macondo well were, above the mistakes of its contractors, the main cause of the huge oil spill in the Gulf of Mexico, according to the U.S. official report. The accident which occurred on April 20 in the Deppwater Horizon oil platform and which caused the death of 11 operators as well as spillage of five million barrels of oil into the sea for six months. The final report a set of Coast Guard and the Bureau of management and regulation of the ocean of USA (Boemre, in English), points out the failure of BP when dealing with the risks associated with a series of decisions that aimed to save time or costs. The document, published this Wednesday after 17 months of research, was expected with great interest in the oil industry over the impact that will have on the granting of permits for drilling offshore, a task that corresponds to Boemre. More than 160 kilometers off the coast of the State of Louisiana (EE UU) were affected and the maximum representative of the State has complained repeatedly of the decisions of the company.

The findings add published that in January the Presidential Commission appointed by President Barack Obama after the disaster, which spread the blame among BP and its subcontractors, Halliburton and Transocean. The cascade of errors that the report speaks of Boemre reaches these two companies, but their responsibility is above all in its lack of synchrony and communication with BP in managing the platform.The failure of BP and Transocean in ensuring that they had a common and integrated in the well control approach was a possible cause of the explosion of Macondo, the report said. However, the document warns that, in the months preceding the disaster, Transocean had a history of deficiencies in the area of security, and that it failed to interpret a crucial test that measured the pressure in the well. Both BP and Transocean and Halliburton had programs that were forced to stop work on the holding in the case of anomalies, recalls the report, and the fact that did not, after having found multiple risks and warnings, was one of the causes of the spill. One of the causes was the inability of BP maintain oversight and liability complete on activities associated with the Deepwater Horizon platform, continues. The report contains dozens of recommendations to improve safety in the industry, including changes to improve the system of prevention of spills or to ensure that engines of the platforms do not absorb the gas. Source of the news: EE UU attributed to mismanagement of BP blame for the oil spill on the Gulf of Mexico

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Thursday, January 3rd, 2013 News Comments Off on Presidential Commission

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