Who will believe Mrs Bettencourt, should she intended to "fraud" taxes...., all the financial intelligence she has access to is open a bank account under her name or family member's name in Switzerland?

If so... I guess she 's very poorly advised.... when not that long ago, the very same people making these accusations of "fraud" (a crime) used to mention the "anglo-saxon" world with their "dirty islands" opening accounts and creating companies with a driver's licence using internet?

Should I conclude Mrs Bettencourt doesn't have access to internet?

Suspend, Sepp, Suspend!

Long overdue.... the suspension of a federation whose "national team" has been and is used as a political tool must end.... promotion of religion and or political idelogy has nothing to do in sports in general and more than anyone, football, a passion widely shared in the world shouldn't serve anymore any ideology or promotion of a religion..... Promotion of fairplay, respect for rules, teach how to be committed to something, to practice everyday, to succeed and to fail, to get knocked down and to get up, to have courage, to have common goals and to be a part of a team while learning when to lead and when to follow are difficult enough.

A team and a federation much too frequently used for many other purposes than the above since 1998 probably need sometime off to think it over.... and so does the regime involved ....

G 20 : Recovery stays ahead of priorities, Banks to raise capital, Endebted Countries to tackle deficits clearing the way for a sustainable recovery

G-20 Leaders Agree to Tackle Deficits Once Economic Recoveries Are Assured

Chinese Exports May Suffer on Yuan Flexibility, Debt Crisis, Official Says

Markets :

Kuwait Stocks Lead Decline in Middle East on Concern About Global Growth
Kuwait stocks lost the most in two weeks, leading a decline in Middle East markets, on concern Europe’s debt crisis will slow the global economic recovery and speculation Gulf earnings may disappoint. Israel shares fell. The Kuwait SE Price Index slid 0.8 percent, the most since June 14, to 6,571. Agility led the drop, slumping to the lowest since 2003, after U.S. federal prosecutors said the logistics company may still be overbilling the American government. Saudi Arabia’s benchmark lost 0.6 percent. The TA-25 Index declined 0.7 percent to 1,086.49, the lowest close since June 8, as Israel’s largest communications company, Bezeq Israeli Telecommunication Corp., retreated.

Gold Settles Above $1,256 on Financial Uncertainty a confirmation we could see $ 1,400 - 500 sooner than initially expected?

Will stick to that for now,

Dark clouds gathering on the horizon
Looking for another slide in risk assets
Sterling reacts well to budget

And

True Freedom Flotilla - NY Jews Set Sail for Gilad Shalit

When you're done, can you post it, I mean using a proxy?

It's hard to tell cause right now they look to be on track for a lynching session (Mrs Bettencourt, hope she'll decide to change citizenship, gonna be fun), don't think we'll see somekind of true and sincere explaining of the deficits and consequences in that kind of atmosphere.... Very sad in a way as I may be wrong but I still think there is a majority to accept the hardship if they understand why, don't feel cheated through a true transparency exercise with free riders scaled back, are explained what's next and how it will be implemented.

G 20 : Agreement to disagree over deficits

G-20 to Set Targets to Cut Deficits, Keep Flexibility for Stimulus Plans
China's Zhou Eyes Bigger Role for Emerging Economies as G-20 Leaders Meet
Isn't an agreement to disagree no more than acting that differences make a strong case for somewhat a differenciated treatment?
G20 agreement to disagree over deficits
Yes, I guess it is.
In depth G20

Beach Time : A book you can't afford not to read

Blacklisted by History

Below :
The State Board of Education & Early Development adopted into regulation Content Standards listed on the following pages. Content Standards are broad statements of what students should know and be able to do as a result of their public school experience.
A student who meets the content standard (Gov and Citizenship - B) should:
1) understand the ideals of this nation as expressed in the Declaration of
Independence, the United States Constitution, and the Bill of Rights;
2) recognize American heritage and culture, including the republican form of
government, capitalism, free enterprise system, patriotism, strong family
units, and freedom of religion;
3) understand the United States Constitution, including separation of powers,
the executive, legislative, and judicial branches of government, majority rule,
and minority rights;
4) know how power is shared in the United States’ constitutional government at
the federal, state, and local levels;
5) understand the importance of individuals, public opinion, media, political
parties, associations, and groups in forming and carrying out public policy;
6) recognize the significance of diversity in the American political system;
7) distinguish between constitution-based ideals and the reality of American
political and social life;
8) understand the place of law in the American political system; and
9) recognize the role of dissent in the American political system.

A widely expected result of Education is to see students develop a sharp sense of independance with the ability to argue an original point of view.

Blacklisted is a book you read whether you disagree or not with the theory Sen Mc Arthur was demonised. Part of the essentials to understand modern US History.

G 20 : A Greek future for anyone refusing to slash gov crazy spending... Common sense ,still, seems to have opponents ...?

For how long can you spend money you don't have? Greece just showed not only it doesn't last, but, ultimately the bill reaches the most vulnerable part of the population poorly governed.... It took a long time to prove inflation was a disaster and taking a toll on populations, hopefully it won't take so much to get the idea that endebtness and out of control deficits and spending are at the end the "not so rich" worse enemy....

G-20 May Stress Need to Cut Deficits as Leaders Split on Urgency of Target

China's Zhou Eyes Bigger Role for Emerging Economies as G-20 Leaders Meet

Echoing the above... Guess what threatens the global economic recovery, a debt crisis (France, Spain, Portugal, Greece) with economies on the brink of defaulting or a set of drastic orthodox policies of healthy economies with no deficits?

Egypt, Kuwait Lead Drop in Mideast Stocks on Concern With Global Recovery

Week End : G 20 Toronto

The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. Since its inception, the G20 has held annual Finance Ministers and Central Bank Governors' Meetings and discussed measures to promote the financial stability of the world and to achieve a sustainable economic growth and development.

Visit

The Toronto Summit (Home of the Summit - Stay tuned)

Sustainable and Balanced Growth
Financial Sector Reform
Reform of International Financial Institutions
Global Trade and Growth

Youth :
MY SUMMIT 2010 is the official international youth summit that will be held alongside the G-8 and the G-20 summits. Canada is co-hosting MY SUMMIT 2010 with Global Vision, a not-for-profit organization with expertise in youth leadership training.

Eurostat Today

April 2010 compared with March 2010
Industrial new orders up by 0.9% in euro area
Down by 0.2% in EU27

EU27 investment in the rest of the world down by a quarter in 2009

Hey, it's a bit early to have all the details but here is what Fidelity has published so far,
The annual CGT exemption has also been maintained at £10,100 in the short term, and will rise with inflation from next year.
About the 28% you seem to refer to, Capital Gains Tax remained unchanged for threshold and basic rate tax payers but saw an increase to 28% with immediate effect for higher rate tax payers.
Just wondering why you didn't get it though?
Full Budget analysis

Real Estate Price Evolution

From 1990 to 2008, the evolution is 100 % (national house prices) not 140% and some other crazy things, Geoffroy! The avolution was very similar int he US over the same period of time 93%.
Key to your future Geoffroy and watch it!
Read, not once but twice!

STRUCTURAL
FACTORS IN THE EU
HOUSING MARKETS

RELATIVE HOUSE PRICE DYNAMICS
ACROSS EURO AREA
AND US CITIES
CONVERGENCE OR DIVERGENCE?

Geoffroy..... I won't tell you again.

Is Georges now a guy from the passed?
Soros Says Germany Could Cause Euro Collapse

Where most recently have we seen social unrest, three killed and some very big demonstrations?
Is it in a country with some very tight budget savings policies, in a country that refused to see the gov spending get out of control or is it in a country that markets would have severely punished and send otherwise to bankrupcy with all the potential consequences Georges is talking about in all the countries and banking systems inevitably severy damaged should Greece had defaulted....?

Was Greece engaged in tight policies, wasn't Greece engaged into too much debt and deficits that lead to the market sanctions...?

If yes, shouldn't anyone conclude Germany requesting a rigourous approach to deficits and debts the best medicine to a stable economy and a safe political environment?

Gold Ticks up Above $1,240 as Economy Worries Linger

Lagarde Saving Europe Proves Being First Isn’t What’s Electable (Unusual bi-partisan positive sentiment over the french finance minister)

“It’s been great luck for France -- and for Europe -- to have her in that job right now,” says Jean-Pierre Balligand, a Socialist lawmaker who sits on the Finance Committee of the National Assembly. “In a crisis, Europe is isolated, and she has proved able to overcome that. It’s because she doesn’t have that immodest side that the French sometimes have, the idea that we know better.”

Have they deliberately sacrificed a World Cup to set up a "putch"? Players don't do their job which is to play football and possibly win games to end up with a "parisian political intervention" into the pretty democratic and decentralised football organisation to be able to have some more friendly management in place....? Pretty smart.... Wonder if the public will the buy the stuff..? Or even better caution it...?

Probably the right time for Corsica, Euskadi and Breizh at least may be others to request they can train and build a national team of their own?

What are you guys going to do?

I guess so.

I ain't used to that kind of stuff, you know, I mean players are to play possibly well, not get into strategy or comments over stuff that are none of their business, they can always decline to be in the team, no one forced into there...?

Looks more and more as an opportunity for something else going on... that's why ...?

Meaning what?

While investors going after Kerviel, they're not going after the management ultimately responsible for the loss due to a guilty lack of competence with a trading desk management at least lazy and amasingly not very curious(Kerviel get caught , we'll look stupid but off the woods, he makes a lot, we get the credit and the bonuses, the guy being a small shot)?

Was a crime committed?

If so, the bank committed it, it should be probed and trialed not just the trader? Was it against the law to build a 50 billions position?

Has Kerviel broken the law by doing so?

By doing so he caused a major loss endangering the bank without the management authorisation(good he wasn't) they say, the management should have known better and end the experience sooner?

Still not a criminal case, whether he acted on the management's behalf or not, I see no crime? His actions engaged the bank in losing trades, a trading desk management problem that let it happen.

If a crime had been committed, shouldn't the state go after the bank, the management and Kerviel to be trialed and the jury to decide who is guily?

Didn't have time sooner.... sorry about that. He said "....il n'est pas poursuivi pour escroquerie mais pour abus de confiance (ndlr)..." So far so good, next is l'abus de confiance dans le cadre d'une relation dont la caractéristique principale est le lien de subordination s'exerçant dans le cadre de la responsabilité du commettant qui ne saurait invoquer ses propres lacunes à l'exercice de celle-ci pour s'en exonérer.

Got it?
There can't be any fraud in a case when the only beneficiary would be the bank should any bet be winning? It seems the only reason there is a court case is the loss which then is a civil lawsuit?
Say what?

Gold Rises on Bargain Hunting; Price Off Record

World Cup team Hearings? Must be interesting, nevertheless, what about some hearings for 493 billions of loans made to countries now engulfed with problems by the three major banks?

Don't pretend, prove it! Show me the teeth!

Expect a difficult second half, why?

Whitney >>>>> adding to its own debt woes the EU can't count on the US consumers.....

Doomsday, Limbo or Revival , an opportunity for quality, faithful and pro counselling?

Germany and France are said to examine "two-tier" Euro

Don't let the World Cup distract you....

Today

Gold near record high

Stocks, Commodities Climb as China ends Yuan Dollar peg

China's currency move sets positive tone (at least for now...)

Where to live : Eurostat today releases GDP per inhabitant and the winner is Luxembourg - Pay as well a visit here >>>> of course !

China's Hu buys time at G20 with Yuan announcement

EU : Is the "Cardinal" back ?

Dominique's IMF says "watch out"

Unlimited, Unfunded liabilities characterise the french pension system, a poor editorial.....
French pensions

Is Eric ignorance, stolen listings amateur, just like the SocGen management knowing nothing of Kerviel's trades ?

the pair's graph, don't mind, pass it on don't be selfish.

Stoneage I guess... they looking for someone and haven't yet figure out technology does a much better job when it comes to useful indiscretion... hey..!

Almost done... will send my list then, futures are down for now.

I ain't interested, they're crazy....! I heard not that long ago..., "Il faudrait que quelqu'un se résolve à expliquer à nos amis Américains que si pour eux la Nation fait l'Etat, en France, c'est l'Etat qui fait la Nation....". Guess what www.faroeislands.com Faroe have a team, they're a Nation, Corsica, Breizh, Euskadi are Nations, they don't have the right to a team,.... Faroe didn't make it to South Africa, still they're a Nation and happy to be so.....

This Week

Three Reasons for Record Gold Prices and a fourth. As investors watch BP's turmoil (Defending BP CNBC’s Simon Hobbs explains why we should be alarmed at the rush to squeeze every dime from the beleaguered company) and listen to speeches of a few openly at war worldwide with the Free Enterprise spirit pushing state intervention in every corner of the economy, they will resist the move and many (smaller investors) feeling the same, alarmed at consequences for companies will probably continue to push Gold price higher as long as the EU debt crisis isn't solved?

Say what?

My last one before Sunday
Debt crisis ensnares French, German banks
Publish stress test is a first move but next and can't be avoided must be capital raise big time to restore credit.

EUR/CHF has continued to probe the downside this morning. The recent improvement in Swiss economic data and admission by the SNB yesterday that deflationary risks have all but disappeared suggest that any further intervention by the SNB will be aimed at limiting rather than reversing the move. This suggests there may be further room yet in the EUR/CHF downtrend.

That's all really today.

Not much. Are you done?

Where my mouth is, my money goes.

What?

Today's note :

It shouldn't but it came as a surprise. Having nothing better to do for a few minutes, I read some articles about the SocGen trader court case as the trial goes on for now a few days. Some teachers it seems showed up today in court to deliver their views... what a strange legal system! I dared asking when the story broke, what was doing Kerviel in a criminal court as no laws were infringed as far as it was possible to understand the case and why was the state losing time going after a guy the probe had been unable to prove he had run a scheme designed to make money for himself stealing the profits he was expecting from the so called "hidden trades", not to mention how extraordinary it may be to find a bank engaged in several tenths of billions of unaware trades...?

Recently, a french lady politician tried to be funny when she compared Sarky speaking of deficits to Bernie 150 years teaching accounting, I laughed but she didn't get much success, a culture thing I guess, not that Sarky is any worse than his predecessors but altogether the lady was right, not about the actuel president but yes Bernie has some expertise that could be used to run the french pension system, afterall, it is by far the biggest ponzi scheme ever, still running after almost six decades..? Am I wrong?

Morning

Spanish banks break ECB loan record

France urged to spell out budget deficit cuts

Poland's bank chief hails German discipline

Europe Recession Next Year 'Almost Inevitable': Soros

Russia Preparing to Buy Canadian, Australian Dollars to Diversify Reserves

Fed Officials May Trim Forecasts for U.S. Growth on European Debt Crisis

Nomura's Sun Says China Property `Bubble' Will Burst; Prices to Drop 20%

Price increases fuel fears of food ‘crises’

Doubt grows over CDS role in Greek crisis

What to expect ?
Target for gold remains $ 1400 - $ 1500 by year's end (DB forecasts earlier this year was expected $ 1400, it go higher and reach $1500 - softs are late, we should see a nice rally soon)

Economic Recovery slows down - A weakening end for 2010

http://download1.zew.jpru.de/e_06_2010.pdf

Today's must
German Investor Confidence Slumps as Sovereign-Debt Crisis Curbs Expansion

Greece Cut to Junk by Moody’s on ‘Substantial’ Risks

Greek Bonds Drop After Moody's Downgrade to Junk; Irish, Spanish Debt Fall

Greek Officials despise Moody's move - If investors got how the deficits are tackled, the story doesn't yet say how the ratio debt to GDP starts to improve.

Euro Turmoil Sends Borrowers to Loonies, Francs: Credit Markets

Japan Holds Rates, Details $33 Billion New Loan Scheme

Bond sales spark fears for Spanish economy

Pound up on Sentance inflation comments - FT
BoE starts buying commercial paper again - Money Supply
Capital flows into Switzerland - FT

Indian inflation tops 10% - beyond brics

Shortage of gold vaults as demand keeps on rising - FT

Millionaires Volunteer to Pay 'Rich Tax'
A group of 51 German millionaires and billionaires wrote to Chancellor Angela Merkel proposing to give up 10 percent of their income for 10 years to consolidate the budget.

US Discovers Vast Riches of Minerals in Afghanistan

Europe’s Banks Face Second Funding Squeeze on Sovereign Crisis

Germany’s Commerzbank AG, France’s Natixis SA and Spain’s Banco Espanol de Credito SA have raised less than 35 percent of the senior funding they require, he wrote in a note to clients on June 9.
Markets ’Doing Their Job’
“If you’re not a quality borrower, you’re not going to get funding from the market until you reduce your loan-to-deposit ratio and shrink your balance sheet,” said Simon Maughan, an analyst at MF Global Ltd. in London. “The credit and bond markets are doing their job. Unless you reform, you’ll be stuck on government support for the foreseeable future.”
An official at Natixis declined to comment. Officials at Banesto in Madrid didn’t return calls for comment. “We are comfortably funded,” Commerzbank spokesman Reiner Rossman said by telephone.

Euro Volatility Signaling Weakness as Traders Lose Confidence in Currency

Europe's Debt Crisis Causing Investors to Ignore Positive News, BIS Says

Strong Euro Helped Hide Financial Crisis, Says EU Chief

...While markets were understandably thinned due to holidays in Australia and China

What's you best choice in the pipeline network (NG transportation)?

SB 1.1 morning star

What's the pink sheets symbol ?

Well, some people I do remember, thought funny to say Americans should live within their means.... and more.... I think it's just as funny to say some state should live within their means too... don't spend the money you don't have, don't borrow money to fuel confort public spending...

Ask for the foreign exempt status. Will post the link.

Well, it was obvious there will be an end to the crazy Wallon's spending.... when irresponsibly the Flemish end paying the bills with their hard work and savings. It just couldn't go on. Culture plays a big role.

Saw the cable. Wallons soon to be alone to pay their bills... too much crap, too many unjustified spending bills.

No, I'm into ASX listings.

Euro Company Yield Spreads Rise to Record Versus U.S. Debt: Credit Markets
Reluctance to build risk is around for a while, I'd say...

Get ready, it's coming. The Press today

US Economist Fears Greek Debt Default in August

EU Banks Holding Sovereign Debt Ignore Not-If-But-When Scenario of Default

Caja Madrid, Bancaja Begin Process to Create Biggest Spanish Savings Bank

Soros Says ‘We Have Just Entered Act II’ of Crisis

Debt Spreading 'Like a Cancer': Black Swan Author

Japan PM Warns of Default if Debt Not Fixed

For now,
European Stocks Rally on BP Rebound; U.S. Index Futures Rise, Oil Declines

Time to revisit Slideshow: Countries Most Exposed to the PIIGS

Getting ready, what to do?
Jim says buy commodities if and only if you can spell it.... and stock picking, there will be loosers but winners too.
EU : too much politics as usual,
Prejudice, Politics Block Stress Tests on EU Banks

Ban the medicine for its secondary effects will cure the cancer, will it?

Sarkozy, Merkel for curbs on speculation

Note that I ain't a great fan of naked shorts, that said, tough regulation on derivatives and attempts to limit the volatility of these instruments without adressing the underlying assets trouble looks more like banning a cure because of its unsatisfactory secondary effects hoping the ban may cure the cancer... which you'll admit has cery little chance to succeed. To start with the very first motive to create theses (CDS) instruments was to attract more investors that would otherwise have turned their attention elsewhere and therefore raise more capital, not fuel "speculation" with sophisticated tools to spoil any "interests" public or private.

Do naked shorts volume on derivatives enough to undermine the underlying assets market, I doubt it, if so regulate, if not, don't waste time, address the underlying assets issues, the fix is by far the best regulation ever of the derivatives markets.

??

Don't loose sight

Hungary on cliff-edge

Merkel spells out €80bn spending cuts

Doubts raised about ECB bond buying

Watch Gold if Teheran's red crescent and naval escort heads towards Gaza? Oil?
depends Eonia jumped 9+ in the morning. What do you have?
Lookin good?
Asian Stocks Gain, Euro Rises From Eight-Year Low on Bernanke's Comments
For how long? The rescue plan up and running, has anything been done about what lead to the euro debt crisis in every country?
French economist Christian Saint-Etienne says no. France's triple A to go down.
http://www.challenges.fr/documents/20100520.CHA4168/?xtmc=saint_etienne&xtcr=1 (french)
Has the french gov a plan? Hasn't say much so far and may have no plan, could explain why Angela said next week good enough with people unable to squeeze their spending? Have you been through German Press?
JPMorgan Yields May Exceed Royal Bank of Scotland in CMBS: Credit Markets
Tuesday: Volatile Markets Await Next Jolt from Europe

Getting nasty...

The Iranian Red Crescent has announced it intends to send two aid ships to Hamas-controlled Gaza this week, one carrying aid and one taking volunteers to the territory.

On Sunday (June 6), the Iranian Revolutionary Guards, Iran’s elite military corps, said they were ready to provide a naval escort to any additional aid ships wishing to reach Gaza if given orders to do so by the country’s supreme leader, Ayatollah Ali Khamenei.

UN Security Council vote's expection of a new round of sanctions against Iran this week in light of the Islamic Republic’s continued failure to comply with previous UN resolutions regarding its nuclear program has of course nothing to do with the above....?

For more

Damned if you don't, damned if you do.... at least do what's right for the tax payer

Nouriel's delivery : Euro Zone Faces Zero Growth, US Facing Trouble: Roubini

I will of course! It's because it's you Shep, I do answer!

Stocks, U.S. Futures Drop on Europe Debt Concern; Hungary's Forint Weakens

Loan Selloff Forcing Calpine, Borrowers to Increase Rates: Credit Markets

The french refusal to engage into a massive spending cut about to ruin all the efforts to stabilise the euro...

G-20 Nations Split on Increasing Bank Capital Requirements, Official Says

Doubts Over Global Economy Return as G20 Meets

Europe Bank Shares Fall on SocGen Derivative Worries

Last

If my goal was to bring as much relief as possible to the ordinary folks in Gaza as quick as possible, would I care if I had to go by Ashdod, Haifa or anywhere else for that matter if I am sure it would reach the target in the fastest fashion?

No, if my goal was humanitarian only and care for ordinary Palestinians, interested only into daily life improvements for ordinary folks in Gaza, I wouldn't care how the help I provide reach them as long as it does, I can check it does in a dilligent and appropriate manner.

Now, if my goal isn't daily life improvements for Gaza's residents but much more politic as usual trying to get Israel's gov into a nasty row, give support to Hamas and possibly prepare the future to end the surveillance and blockade for some missiles to get in from Iran, I would do exactly what happened careless for the consequences about the aid I was supposed to provide and the nine deaths the operation has cost. The inquiry must also held accountable the organisers for the 9 lives lost if it is found out the choice to fight was deliberate careless for the aid onboard that could have been lost and the organisation definitly declared a terrorist organisation.

Today's - The system remains very shaky, sell the rallies and buy the dips...?

By small and large french politicians and mainstream french Press have once more ridiculed themselves big time... over the past few days, the population currently under their administration having a good laugh... when the "hummanitarian" equipment was exposed....

Sharp rise in use of ECB deposit facility

Bond markets idle

Debt Crisis May Cause Run on Europe Banks: Strategist

Banks Deposit Record $394 Billion With ECB, Avoiding Loans to One Another

And here is the problem

Sentiment improves on Wall Street bounce

The risk for the bulls, however, is that a string of supportive fundamentals can easily be rendered swiftly impotent in the face of “headline events” such as last Friday’s downgrade of Spain, which should have been expected but nevertheless had the capacity to shock on arrival.
Providing greater heft to the bad news is classic bear market psyche, and as Maurice Pomery of Strategic Alpha in London says: “The markets are so skittish; the slightest bit of news is seeing huge swings.” Or as Chip Miller, strategist at UBS in New York puts it, “Volatility is volatile right now.”
John Schlitz, chief US market technician at Instinet, said that long-term investors are intrigued by such good days, but still aren’t convinced the bottom is past.

Homework :

Volatile? and sentiment? If you were given the opportunity

1. to assess a market, sentiment driven, is naturally and can only be volatile, would you? Explain.
2. to compare behaviours, LT investors(Warren) and traders, would you reach the conclusion, the higher the volatility is, the higher the number of sentiment driven market transactions (bullish or bearish) is showing traders outnumber by a lot LT investors?
3. to be a legislator, what is the side of the issue you'd choose to take, ban proprietary trading and hope for the best regarding volatility or work a legislation with incentives to rebalance the ratio traders LT investors attracting small LT investors in numbers? Explain.
4. Has the crisis shown big gov, unlimited unfunded liabilities take an unsustainable toll on the economy that regulation on financial institutions will not solve? Explain.

Send I'm off for the next 30'.
I got that +++
Humanitarian RELIEF IN ACTION, (BBC Footage posted by user LetsFreeGaza, May 31, 2010)
Beating the Hell out of Israeli Naval Commandos

Not yet, coffee.

Have that one, it's a footage of humanitarian equipment though it doesn't say if an extended use of that type of material is scheduled for the next crisis elsewhere in the world, I mean earthquake, tsunamis and else, I guess people will be in no hurry to be saved if MSF change their usual gear for the new life saving tools....!
http://www.youtube.com/watch?v=JvS9PXZ3RWM

Half Time - IHH played a central role in organising the Gaza's flotilla but who are they?

Portrait of IHH
IHH, which plays a central role in organizing the flotilla to the Gaza Strip, is a Turkish humanitarian relief fund with a radical Islamic anti-Western orientation. Besides its legitimate philanthropic activities, it supports radical Islamic networks, including Hamas, and at least in the past, even global jihad elements.

Stay tune for Markets update.

Don't miss - Australia's healthy entertainment

Will the euro disappear and when?

New Issue Market Remains Shut as Bank Default Swaps Rise: Credit Markets

The market for corporate bond sales closed as concern European banks will take more writedowns and losses led investors to shun all but the safest government debt.

Ready, Steady!

Brazil Canceling Auctions on Europe Crisis Delays Longest Benchmark Bond

Humanitarian Aid in Action

I think some around the world will be glad they never received that kind of humanitarian relief... very unusual behaviour for Aid workers.

Unusual songs too for peaceful "activists" willing to work peace and harmony in the Middle East...

MEMRI TV Clips on the Gaza Flotilla: Activists On Board Chant Songs of Martyrdom at Departure

And at last the video of the famous humanitarian special tune "Khaibar, Khaibar, oh Jews! The army of Muhammad will return"..... sang on departure of the cruise.

See. Told you I was going to do great. The cross moved just right. What do you plan now?

I'm finished and closing. You have Australia and NZ numbers out at 0130 am and 0300 am.

Well, I don't have time for that really... you know... it's all bullsheet... Being honest, all of them know..., if only one boat had gone through without checking in an Isreali port, next day or week, you'd have thousands of weapons landing on Gaza's beaches... in the middle of some more "humanitarian boats"...

That's why, there was no choice and Hamas knew it, any choice had a price, violence and hundreds if not thousands of mortar shells and rockets may be more missiles in a few weeks time or a bad row with the international community.... a winning strike anyway.... and they knew it...

Frankly, Israel had no choice. Hiring "pacifists" to open the way... I mean these guys are in full progress...

It's not going away, don't think so,
The European market for securitizations, the primary way of raising capital by banks and governments alike, is currently “dysfunctional”
The continued reliance of some small- to mid-sized euro area banks on central bank refinancing continues to be a cause for concern
In the days leading to the ECB's unprecedented decision to backstop Eurozone debt with outright purchases, trading in some government debt had nearly totally dried up, endangering the functioning of the entire financial system.

Just wondering if you have the extended report? If you do, can you manage a scan?

The cross?

Yop.

I ain't sure.... really, the same guy had some very harsh words for two french journalists abducted in Afghanistan among these words, irresponsible behaviour, cost the state a lot of money and time and more... now you get a different version for these that might have been naive for some them but directly involved in an operation to serve some terrorist organisations....

Well I guess this gov I mean the french should spend more time working their economy....

Do ya have the ECB restricted report?

Why?

Volatility to Dominate Stock Markets in June Too

Fléchissement de l’indice PMI de l’industrie manufacturière française qui atteint un plus bas de trois mois en mai

􀂃 La production et les nouvelles commandes continuent d’afficher une forte hausse, leur taux d’expansion fléchissant toutefois.
􀂃 Les contraintes de capacité persistent, bien que l’emploi recule de nouveau légèrement.
􀂃 Les pénuries de matières premières entraînent l’inflation des prix des achats qui atteint son plus haut niveau depuis octobre 2004.

Homework :
Capacity constraints were again in evidence, in the meantime manufacturers continue to cut payrolls. What do you expect the business confidence index to confirm?

Global shortages of a number of raw materials continued to drive up input costs during the latest survey period. Input price inflation accelerated to the sharpest since October 2004, with energy, metals, paper and plastics all reported to have risen in price.

What does it say about the competitive advantage a weak currency gives exporters?

La reprise du secteur manufacturier ralentit fortement dans l’Eurozone en mai

􀂃 L’indice PMI final s’établit à 55.8 en mai (plus bas de 3 mois) et s’inscrit à un niveau inférieur son estimation flash de 55.9.
􀂃 La croissance de la production et du volume des nouvelles commandes ralentit fortement. Les conditions des marchés intérieurs se détériorent mais la faiblesse de l’Euro permet une solide augmentation des ventes à l’export.
􀂃 L’Allemagne mène toujours les quatre principales économies de l’Eurozone malgré un ralentissement important en mai.

Euro Tumbles Against Dollar on Speculation Crisis Hurting Region's Economy

Commodities’ Biggest Drop Since Lehman Bear Signal

China Real Estate Bubble Bursts in Bond Market: Credit Markets

Manufacturing Growth From China to Europe Weakens in Sign Recovery Slowing

Roubini Forecasts Sluggish Growth for Years

Spanish Bank Asks for $3 Billion from Rescue Fund

ECB Warns of $239 Billion in Further Bank Loan Losses

Kurdistan - Saturday, 7 deaths, Sunday, 7 deaths, three different locations and one Turquish army base came under Kurdish rebels fire...

Guess what? Has the UN human rights counsil scheduled any meeting? Have you seen any headlines about it, worldwide? Is the security council about to extraordinarily meet?

Hum....? The chatter, Kurdish militants have asked BiBi to create a "colony" they could throw at some stones (with warnings as it is an agreement) to obtain some media and UN attention as the Kurdish population struggles for rights throughout the middle east for several decades...

(french : http://www.lemonde.fr/europe/article/2010/05/31/attaque-meurtriere-d-une-base-navale-turque_1365279_3214.html )

Altogether, much easier to forecast markets.