lundi 20 décembre 2010
No, Twice NO to the Euro Bonds but why?
dimanche 19 décembre 2010
Ivory Coast
Just curious… Have some high ranking officials from … whoever got involved…, really hoped to reunite the country with a presidential election opposing two candidates each representing one the two communities they thought useful to separate eight years ago with a somewhat partition and some foreign troops to make sure peace reigns?
Did they truly hoped this election without any prior negotiation dealing with the status of each community, how it is governed, its relations with the “central or federal gov?, how the resources are shared, will not end being seen and felt as a victory of one community over the other with all the foreseeable consequences triggering the refusal?
So was it irresponsible to organize a presidential election designed to govern both communities separated for more than height years taking the risk of a confrontation, of getting civilians involved in a fight that isn’t theirs killed, when, obviously the motives that had lead to the somewhat partition in 2002 were still there and needed to be addressed before anything else, to make sure the parties would accept the results of a presidential election, the losing party at the conflict reassured by its known status negotiated before it?
If yes, well I guess La Haye Tribunal may be crowded for a while?
Truly everybody is right now under the impression that if the North wasn’t in the situation to rule the South, we wouldn’t have this conversation, the North remaining somewhat self administered and certainly not governed by the South? Not very credible for the UN to support different standards according to who wins or looses?
Not bad so far.
He's funny and will never last to surprise me I guess... Went through some of the feeds and it seems that he doesn't get it does he? I mean, the euro had only two true potential enemies, one, the politicians in charge of the banking system and regulation busy with crony capitalism spending their way out to buy their reelection through an inflated welfare state and fantastic social freebies rebranded “social progress” they funded through an uncontrolled amount of debt without telling anyone, two, the beneficiaries (The People) of these debt funded very short term improvements of their living standards. Instead, the adventurous debt addicted politicians for reelection purposes decided they would point fingers at the ugly few opportunistically branded “markets and speculators” for political rhetoric reasons and would fight and defend the euro whatever it may take….
Well, let’s say it is an unnecessary war. The future of the euro lies not in the hands of markets or speculators but with those responsible for its problems in the first place. Markets and speculators look at it for what it is, a product you can trade, do they exploit mistakes made by those(govs) in charge, anticipating their next inability to address the true potential threats the currency faces, the trust of the Peoples using it? Of course they do, why shouldn’t they, when they know the potential is there, as long as the decisions do not address the challenges the Peoples face introducing a reasonable amount of political uncertainty regarding their reactions and the next elections row results?
What’s your shot?
samedi 18 décembre 2010
The Week Ahead : Be ready
United States: Monday – Nov. Chicago Fed Activity Index Tuesday – ABC Dec. 19 Consumer Confidence Wednesday – MBA Dec. 17, Mortgage Applications 3Q GDP, Personal Consumption, GDP Price Index, & Core PCE, Nov. Existing Home Sales, Oct. House Price Index Thursday – Nov. Durable Goods Orders, Personal Income, Personal Spending, & New Home Sales, Weekly Jobless Claims, Dec. Final U. of Michigan Confidence Survey
Euro-zone: Sunday – German Finance Ministry Nov. Monthly Report Monday – Oct. ECB Euro-zone Current Account, Dec. Advance EZ Consumer Confidence, German Nov. Producer Prices Tuesday – German Jan. GfK Consumer Confidence Survey Wednesday – German Nov. Import Price Index, German IFO Dec. Business Climate Survey, EU Entry Negotiations with Croatia
United Kingdom: Monday – Dec. GfK Consumer Confidence Survey, Tuesday – Nov. Public Finances Wednesday – Bank of England Minutes, 3Q Final GDP & Total Business Investment, 3Q Current Account Thursday – Nov. BBA Loans for House Purchase
Japan: Monday – Oct. Final Coincident & Leading Indexes, Nov. Tokyo & Nationwide Department Store Sales, Nov. Convenience Store Sales Tuesday – Oct. All Industry Activity Index, Nov. BOJ target rate Wednesday – Nov. Trade Balance, BOJ/cabinet office monthly Economic Report, Nov. Supermarket Sales
Canada: Monday – Oct. Wholesale Sales Tuesday – Nov. CPI, October Retail Sales Thursday – Oct. GDP
Australia & New Zealand: Monday – New Zealand Nov. Performance Services Index Tuesday – New Zealand Nov. Net Migration, Australia Oct. Conference Board Leading Indicator, RBA Dec. Minutes, New Zealand Nov. Credit Card Spending Wednesday – New Zealand 3Q Current Account, Australia Oct. Westpac Leading Index Thursday – New Zealand 3Q GDP Friday – New Zealand Money Supply M3
jeudi 16 décembre 2010
Party's Over If Steele Wins Another Term: Margaret Carlson and you don't have to share all she says, I mean, just enjoy her style, I do.
Today's Can't Miss
What the Fed Hath Wrought
What have you been doing anyway? She has a couple of hours ago. Yours?
AFP : "Il s'était auparavant établi à 55,5 points en octobre, après trois mois de baisse: 56,2 points en août, 54,1 en septembre et 53,8 points en octobre."
Eurozone on growth. Bold to be replaced with "Il s'était auparavant établi à 55,5 points en novembre"
Have it good. No, Was on Markit advanced indicator.
Don't Miss :
The Short View: Disinflation chills US
mercredi 15 décembre 2010
Not really. I guess he’s in a bad mood…. Didn’t do good this session? I just meant true leaders can convince people by the example they set for themselves of a necessary pain in the best interest of the People and the country but when you don’t pay a dime in taxes or very little compare with most people and that you’re making quite some money… (should be around 8 to 10 kEuros plus expenses more for high ranking staff of the Commission), don’t say it’s right but you can expect some violence… unfortunately EU leaders I mean most of them aren’t an example for anyone whatsoever… so you know… stupid enough to be a threat to assets, the answer is yes they have proved it in the passed just wait, YES THEY CAN DO IT AGAIN… ;-))
What’s yours now?
What else? Hey, are you about to be done with the numbers I wanted?
...../"The very first line of the very first paragraph is justification for what (the Fed) it's doing - it talks about a recovery that just isn't strong enough to bring down the unemployment rate," said Mike Lenhoff, chief strategist and head of research at Brewin Dolphin Securities, in London..../
The very first line of the very first paragraph is an an explanation of the Fed's policies, its motivations, proposed goals, steps and actions to achieve it?
I'd say the Fed can't lift on its own the uncertainty and force companies into spending and hiring, it can reduce the effects the uncertainty produces and show it is committed to just do that in a very determined manner, this determined action contributing to lift it? Will it?
mardi 14 décembre 2010
European Debt Crisis Will Be 'Slow-Motion Wreck': El-Erian
Are you finished with the report, I'm goin to post soon.
Today's fun - The expected bill finally reached the debtors?
Today's Can't Miss :
Belgium Warned Over Debt Rating by S&P
Bank Regulators to Tackle Capital Standards
Belgian Bonds Fall on S&P Outlook Cut as Debt Crisis Spreads
Irish, Portuguese Bonds Outpace Peers as ECB Speeds Purchases: Euro Credit
Coming - Italy?
http://www.cnbc.com/id/40640483
dimanche 12 décembre 2010
Today's Can't Miss
China’s avoidance of a follow-up to its October interest-rate increase even as inflation accelerates risks a more abrupt response next year that restrains the fastest-growing major economy.
samedi 11 décembre 2010
Existing Regimes of Protection - About Article 4
53. Where certain languages or the minorities who practise them already enjoy a status defined in domestic law or under international agreements, the purpose of the charter is clearly not to reduce the rights and guarantees recognised by those provisions. However, the protection afforded by the charter is additional to the rights and guarantees already granted by other instruments. For the application of all these undertakings, where competing provisions exist on the same subject the most favourable provisions should be applied to the minorities or languages concerned. Thus the existence of more restrictive provisions in domestic law or under other international undertakings must not be an obstacle to the application of the charter.
54. Paragraph 1 of this article is concerned with the specific case of the rights guaranteed by the European Convention on Human Rights. It seeks to exclude the possibility that any of the provisions of the charter might be so interpreted as to detract from the protection accorded thereby to the human rights of individuals.
53. Si certaines langues, ou les minorités qui les pratiquent, disposent déjà d'un statut défini par la législation nationale ou par des accords internationaux, l'objet de la charte n'est évidemment pas de réduire les droits et garanties reconnus par ces dispositions. Cependant, la protection accordée par la charte s'ajoute aux droits et garanties déjà concédés par d'autres statuts. Pour l'application de l'ensemble de ces engagements, en cas de règles concurrentes sur un même sujet, il y a lieu d'appliquer les dispositions les plus favorables aux minorités ou aux langues concernées. L'existence de dispositions plus restrictives dans des législations internes ou dans d'autres engagements internationaux ne saurait donc faire obstacle à l'application de la charte.
54. Le paragraphe 1 de cet article concerne le cas spécifique des droits garantis par la Convention européenne des Droits de l'Homme. Il tente d'exclure la possibilité que l'une ou l'autre des dispositions de la charte puisse être interprétée de manière à porter atteinte à la protection accordée par cette Convention aux droits de l'homme.
The Weeh Ahead : President Obama and Congress strike a deal to extend the President Bush Tax cuts in an attempt to push up the recovery
United States: Tuesday – Nov. Advance Retail Sales, Nov. Producer Price Index, Oct. Business Inventories, FOMC Rate Decision, Dec. 12 ABC Consumer Confidence Wednesday – Dec. 10 MBA Mortgage Applications, Nov. Consumer Price Index, Dec. Empire Manufacturing, Oct. Total Net TIC Flows, Nov. Industrial Production, Nov. Capacity Utilization, Dec. NAHB Housing Market Index, Fed’s Lockhart speaks on Atlanta regional economy Thursday – Nov. Housing Starts, Nov. Building Permits, 3Q Current Account Balance, Weekly Jobless Claims, Dec. Philadelphia Fed Business Outlook Survey, Geithner testifies at Congressional Oversight Panel Friday – Nov. Leading Indicators
Euro-zone: Monday – German Finance Minister Schaeuble speaks on Berlin Panel , EU Foreign Ministers Meeting Tuesday – EZ Oct. Industrial Production and Dec. ZEW Survey of Economic Sentiment, German Dec. ZEW Surveys of Economic Sentiment and Current Situation, Germany’s Ifo Economic Institute Publishes Economic Forecasts Wednesday – EZ 3Q Employment, European Commission Issues Quarterly Report on Euro Area Thursday – EZ Dec. PMI Composite, Manufacturing, and Services, EZ Nov. CPI, German Dec. A Manufacturing and PMI Services, EU Summit Friday – EZ Oct. Construction Output, EZ Oct. Trade Balance, German IFO-Business Climate, Current Assessment, and Expectations, EU Summit, ECB’s Weber speaks in Munich on Capital Markets Macroeconomic Perspectives
United Kingdom: Monday – Nov. PPI Input NSA, Nov. RICS House Price Balance Tuesday – Oct. DCLG UK House Prices, Nov. CPI, Nov. Retail Price Index Wednesday – Nov. Claimant Count Change, Nov. Jobless Claims Change, Oct. ILO Unemployment Rate Thursday – Nov. Retail Sales, Nov. Nationwide Consumer Confidence, BOE Releases Inflation Attitudes Survey
Japan: Monday – Oct. F Industrial Production, Oct. F Capacity Utilization, Nov. Tokyo Condominium Sales Tuesday – Oct. Tertiary Industry Index; 4Q Tankan Large Manufacturers, Non-Manufacturing, Large Manufacturing Outlook, Non-Manufacturing Outlook, Large All Industry Capex
Canada: Monday – 3Q Capacity Utilization Rate, BoC’s Carney gives speech on ‘Reflections on the Economic Outlook’ Tuesday – Nov. Leading Indicators, 3Q Labor Productivity Wednesday – Oct. Manufacturing Sales Thursday – Oct. International Securities Transactions
Australia & New Zealand: Sunday – NZ Nov. Food Prices Monday – Australia 3Q Dwelling Starts, Australia Nov. NAB Business Conditions & Confidence, NZ Oct. Retail Sales, NZ Nov. Non Resident Bond Holdings, NZ Nov. REINZ Housing Price Index Tuesday – Australia Dec. Westpac Consumer Confidence, Australia Dec. DEWR Skilled Vacancies, Australia Nov. New Motor Vehicle Sales Wednesday – Australia Dec. Consumer Inflation Expectation, Reserve Bank’s Bulletin – Dec. Quarter 2010, NZ Nov. Business PMI, NZ Dec. NBNZ Business Confidence & Activity Outlook Friday – RBA Nov. Foreign Exchange Transaction
China: Friday, Dec. 10 – Nov. Producer Price Index, Consumer Price Index, Retail Sales, Industrial Production, and Fixed Assets Investment Urban Cumulative Dec. 10-12 – China Central Economics Works Conference Dec. 11-15 – Nov. Actual FDI (YoY)
mardi 7 décembre 2010
Today's Can't Miss
Euro's Worst to Come as Best Forecasters See Crisis Spreading
Merkel rejects debt crisis proposals
lundi 6 décembre 2010
This Week Can't Miss.... to watch
Key data and events to watch in this week.
United States:
Monday – Fed’s Lacker speaks on Economic Outlook
Tuesday – Dec. IBD/TIPP Economic Optimism, Oct. Consumer Credit, Dec. ABC Consumer Confidence
Wednesday – Dec. MBA Mortgage Applications
Thursday – Weekly Jobless Claims, Oct. Wholesale Inventories
Friday – Oct. Trade Balance, Nov. Import Price Index, Dec. Preliminary U. of Michigan Confidence, Nov. Monthly Budget Statement
Euro-zone
Monday – Euro-Area Finance Ministers meet in Brussels, Dec. Sentix Investor Confidence
Tuesday – Oct. German Factory Orders
Wednesday – Oct. German Current Account, Oct. German Trade Balance, Oct. German Industrial Production
Thursday – Nov. German Consumer Price Index
Friday – EU’s Rehn gives speech in Athens
United Kingdom
Tuesday – BRC retail sales monitor, Oct. Industrial Production, Oct. Manufacturing Production
Wednesday – BRC shop prices, Nov. Halifax House Prices
Thursday – BOE Interest Rate Announcement, Oct. Trade Balance
Friday – Nov. PPI Input & Output
Japan
Monday – Nov. Official Reserve Assets
Tuesday – Oct. Coincident Index, Oct. Leading Index, Oct. Current Account Total, Nov. Bank Lending, Oct. Trade Balance, Oct. Machines Orders, Nov. Bankruptcies
Wednesday – 3Q Final GDP (QoQ & YoY)
Thursday – Nov. Machine Tool Orders, 4Q BSI Large All Industry & Manufacturing, Nov. Domestic CGPI
Friday – Nov. Consumer Confidence
Canada:
Monday – Oct. Building Permits, Nov. Ivey Purchasing Managers Index
Tuesday – BoC Interest Rate Announcement
Wednesday – Nov. Housing Starts
Thursday – Oct. New Housing Price Index
Friday – Oct. International Merchandise Trade
Australia & New Zealand:
Monday – Australia Nov. AiG Perf of Construction Index, Nov.TD Securities Inflation, Nov. ANZ Job Advertisements
Tuesday – Australia RBA Interest Rate Announcement, New Zealand Nov. House Prices
Wednesday – Australia Oct. Home Loans and Investment Lending, New Zealand 3Q Manufacturing Activity
Thursday – Australia Nov. Employment Report, RBNZ Interest Rate Announcement, NZ Nov. Card Spending
Friday – NZ 3Q Terms of trade index
China:
Thursday – Nov. Trade Balance
samedi 4 décembre 2010
Pray for.
Must Read
This project work focuses on the national minorities in Europe with emphasis on their linguistic rights – because the language is one of the crutial elements of the national or ethnic identity. Firstly, I will discuss the problematic of national minorities in generall: what are the national minorities, why is this important to be aware of and why should we protect them.
Ivory Coast : The International Community accomodated alright for many years a somewhat independant North Ivory Coast
The International Community survived it, it will continue to do so.
vendredi 3 décembre 2010
“Le droit des personnes appartenant à des minorités nationales de conserver leur identité ne peut être pleinement réalisé que si ces personnes acquièrent une bonne connaissance de leur langue maternelle au cours de leur études. Inversement, les personnes appartenant à des minorités nationales ont le devoir de s’intégrer à la
société nationale par l’acquisition d’une bonne connaissance de la langue officielle de l’Etat.”
This statement makes pretty clear, the Right for the Corsicans, Euskadi and all the other national minorities to access their Culture, History, Language and economic rights to sustain the promotion of their identity. Now if the second part of the statement doesn’t sparkle any real debate as these minorities have more than fulfilled their duties towards the acquisition of the french language, the french state is still engaged in violent policies of assimilation and in the denial of these minorities rights not to mention the complete lack of representation of their special economic interests. How so far they got away with it??
“Les Etats devraient créer les conditions propres à permettre à des institutions représentatives des membres des minorités nationales en question de participer effectivement à l’élaboration et à la mise en oeuvre de politiques et de programmes relatifs à l’éducation des minorités.”
Have they done anything to achieve this goal? If not what are the actions engaged to get them to act?
“Les Etats devraient adopter des mesures pour encourager les parents à participer au système d’éducation au niveau local, notamment dans le domaine de l’enseignement des langues des minorités, ainsi qu’à faire des choix en la matière.”
Just the same here? I’d add that it would considerably help to clear up the way regarding history as very little has been done and the lack of material appaling. I mean to get the parents into the school.
Time for Congress to act and decisively (sanctions)? Below is somekind of roudup, what the french gov should have done but didn’t. Why so far the french lawmakers haven’t taken any initiative….?? very clearly the electoral system, the crony politics and economics, the centralised power and the lack of any sense of right and wrong as well as a great sense of self preservation (the gov, central powers both political and economic would immediately harshly punished any move to defend the national minorities rights with the guilty sacked, banned for any further endorsement and probably investigated, the central powers using every powerful tool a centralised administration can offer to ruin the “dissident”… plays a role I guess. Anyway here we go,
L’article 15 de la Convention Cadre pour la Protection des Minorités
Nationales, le paragraphe 30 du Document de la réunion de Copenhague de la Conférence sur la Dimension Humaine de la CSCE et l’article 3 de la Déclaration de l’ONU sur les droits des personnes appartenant à des minorités nationales ou ethniques, religieuses et linguistiques soulignent tous la nécessité pour les minorités nationales de participer au processus décisionnel, notamment dans les cas où les questions à l’étude les touchent directement. Une participation effective au processus décisionnel, notamment pour ce qui touche les minorités, est une composante essentielle du processus démocratique. La participation active des parents aux niveaux local et régional, de même que la participation effective des institutions représentant les minorités nationales dans le processus éducatif (y compris le processus d’élaboration des programmes relatifs aux minorités) doivent être facilitées par les Etats dans l’esprit du paragraphe 35 du Document de Copenhague, qui souligne l’importance d’une participation effective des membres des minorités nationales aux affaires publiques, notamment celles concernant la protection et la promotion de leur propre identité.
Guess what, do they speak french, I mean the french “authorities”? How is it going, still long? I’m buying like crazy the $, £ and the Goldman suggestions. KMBX.
How much you in for? If we all get out at the same time?
I am.
Do me a favor, here is the french version,
Should be 1996. I need the English version and according to the only report I found online from EBLUL I think it is but will check and post, the french gov hasn’t done a thing. As far as I know what they have in mind is we signed stuff internationally but as our constitution says it must be ratified under the form of a law the parliement votes, as long as it isn’t done well bad luck… the treaty can’t be opposed to us? For sure french courts will stand by that but what about EU Courts? or elsewhere?
mercredi 1 décembre 2010
(french)
1. Dans de nombreux pays européens il existe, sur certaines parties de leur territoire, des groupes autochtones parlant une autre langue que celle de la majorité de la population. C’est là une conséquence de processus historiques au cours desquels la formation des Etats ne s’est pas faite sur des bases purement linguistiques et de petites communautés ont été englobées par de plus importantes.
2. La situation démographique de ces langues régionales ou minoritaires présente une grande diversité, allant de quelques milliers de locuteurs à plusieurs millions, et il en va de même pour la
législation et la pratique des divers Etats à leur égard. Toutefois, ce que beaucoup d’entre elles ont
en commun, c’est un degré plus ou moins grand de précarité. En outre, quel qu’ait pu être le cas dans le passé, les menaces qui pèsent aujourd’hui sur ces langues régionales ou minoritaires tiennent souvent au moins autant au poids inévitablement uniformisateur de la civilisation oderne, et en particulier des moyens de communication de masse, qu’à l’indifférence de leur environnement ou à une politique d’assimilation de l’Etat.
I’m still long for now on the spot
It’s mainly more of the same…. I guess ECB may have something for tomorrow’s meeting.
What I told about I’d like you to check is this:
1999 the french signed the European Charter for Regional or Minority Languages
1990 Copenhagen 3rd Human Dimension Conference they (the french)approved the conference documents
Well, it didn’t come as a surprise they never implemented anything nor done anything, not even close. But I wondered about the legal consequences, do you mind checking?
The Charter 1992 Article 9 Judicial authorities specifies "to provide that the courts at the request of one of the parties shall conduct the proceedings in the regional or minority languages and or to guarantee the accused the rights to use his/her language,…./…… to produce, on request, documents connected with legal proceedings in the relevant minority language.”
I bet you guessed the french have always denied these rights to all minorities. So, what is it possible to expect from the appropriate lawsuits regarding these cases? Overturned and or compensation? When you can.
The following will come to you as a schock I guess, it really warmed my heart and make me feel so much better when I have to explain the french policies are criminal, wrong and ill inspired, not just my opinion but widely shared, even though it doesn’t change anything right away, knowing plenty think the same and it isn’t crazy to think that is I admit somekind of a relief.
1. Many European countries have on their territory regionally based autochthonous groups speaking a language other than that of the majority of the population. This is a consequence of
historical processes whereby the formation of states has not taken place on purely language-related lines and small communities have been engulfed by larger ones.
2. The demographic situation of such regional or minority languages varies greatly, from a few
thousand speakers to several million, and so does the law and practice of the individual states with respect to them. However, what many have in common is a greater or lesser degree of precariousness. Moreover, whatever may have been the case in the past, nowadays the threats facing these regional or minority languages are often due at least as much to the inevitably standardising influence of modem civilization and especially of the mass media as to an unfriendly environment or a government policy of assimilation.
(From Explanatory Report1 to the European Charter for Regional or Minority Languages) Useful documents are here Doc. 6294 Doc. 6302 http://assembly.coe.int/documents/adoptedtext/ta90/frec1134.htm#1
Celebrate! These words are just so good!