Tag: news

OBAMA: Biology and destination between biology and destiny sleep dreams than awake ambition. But the new President of the United States of America is much more than that. Son of a nation so all-powerful, ethnocentric, immature and erratic, prefer the show history, invention Greek for counting life, Obama is the more refined product of the American ideal. Barack Hussein, with whose name, skin and family history nobody ever thought could get where he arrived, it is the output and outcome that has found that society to realize and provide respite to the deep economic and ethical crisis that crosses and that contaminates the rest of the world. It is not only political commodity, product of an election campaign, but collective lifeboat before the unfathomable cultural and ethnic polarity sometimes masked in the recurring refrain of the alleged existence of an inclusive, multicultural society. But this effort to understand would be incomplete if we do not agregaramos the will sustained by the minority Afro-descendant to achieve what has been achieved. Blood, sweat, tears, skills, productivity, elegance and rhythm, have shown these descendants of slaves to take their place in a society that outlawed them and threw into the hands of the Ku Klux Klan or the CIA or repression and the disappearance, physical and psychological, creating a society of racial handicapped, which long ago began already desalambrar the dense network of incomprehension and prejudices. And why not say it, white society has also become, in appearance, more porous and elastic.

The hippie movement, for example, with the slogan of peace and love created an illusion that today comes through the pores in the light. Governments of Kennedy, Carter and Clinton for his part took steps toward the opening, and if Lavoisier was right to say that nothing is lost but it is transformed, it should give credit also to those decisions assumed by power and white society. He never imagined Aretha Franklin, Queen of the Soul, born neither more nor less than in Memphis, Tennessee, who would sing at the ceremony of swearing in of a President of the United States of America that would share, among others, the color of their skin. With pride, dignity and democratic vocation, the public, I do not know if we could say that town, heard it in rally in which George W. Bush is dismissed. Glenn Dubin, New York City will undoubtedly add to your understanding. Amen. Now Obama is no longer black or white.

He is the President of the nation more powerful and fragile planet and embodies a hope for his own and the rest of the countries of the Earth, that we are all. Do votes to make its mandate of peace, understanding and rescue of damaged international image of their country that both has given lunch to the left and to international terrorism. Be sown fields of democratic principles by which here, in Venezuela, more than oil, also fought with tenacity.

Citrus fruits are one of the most cultivated in the world tree species. Its delicious fruits are the cause of its success and, therefore, are being grown from 4,000 years ago. The numerous species of citrus are developed in almost all regions of the world within the band bounded by the line of 40 latitude. Greek mythology refers already of the orange tree as a tree directly linked to the divinities. This tree was part of the garden of Hesperides, located in the mount Atlas, which was populated orange groves as the legend.

The importance accorded a civilization as old as the Greek to oranges is reflected in multiple myths and legends of this town. Oriental origins-the genre they belong to the citrus fruit is Citrus. It comes from tropical and subtropical Asia and the Malay Archipelago. Species in the genus Citrus, have gone extends from their place of origin to all regions of the world where are grown today. The area that seem to have arisen the citrus is located in Southeast Asia, including the East of Arabia, the eastern area of the Philippines and from the Himalayas to the South to Indonesia. The cultivation of citrus has been practicing since time immemorial.

The primitive inhabitants of the Asian region that emerged were the first to cultivate them before their arrival in Europe. The Western pioneers in the exploration of Asia, were amazed with citrus, its smells and its flowers and they were responsible for extending these trees the length and breadth of the planet. The approximate arrival of these fruits in Europe took place around 310 BC were the citrons group and came from the covered region between South China and the India. Limes it emerged East of the India and spread through the sea of Oman, while the origin of lemons, one of the citrus fruit known and employees for the kitchen, is completely unknown and speculated with the theory that it is a hybrid between the Citron and lemon. Sweet orange, It is one of the most famous desserts in Spanish cuisine, originated in southeastern China, and as more accurate assumptions, it is believed that it was the Romans who exported the fruit to the West. On the other hand, the sour orange is originally from Southeast Asia, probably from the India.

PIMCO is investing in this company 18 June 2009 I have a friend who likes to invest in shares, although it does so in a very particular way: my friend copied the portfolio strategy of investment funds that have managed to better profitability in the last time.My friend’s reasoning is simple: If the investment funds, which usually have a very qualified specialists team and probably handled information privileged quasi, invest in certain enterprises, it is likely that they have a high potential for profitability. For those who act as my friend, probably, a strategy that would not be bad is the attention to those papers in which investment funds observed a potential growth in a medium to long term. Thus, investing in papers with longer-term growth potential, the inverter may acquire them until the best of its growth has passed. Dr. Mark Hyman does not necessarily agree. There are two very interesting companies to invest already. Click here to find out what. What les I commented above arises from a note I read in America economics where he met the Executive Michael Gomez of the bond fund Pimco, who acknowledged that they are investing in sovereign debt of Brazil, because these bonds are the highest in the world and this is a country that is very well managed, does not have an inflation problemIt has a coin between relatively stable and strong. But Pimco has not only set in the Brazilian sovereign bonds, but has also been in the spotlight in three companies in the country, among which is the Companhia Siderurgica Nacional – CSN-(BVSP:CSNA3; NYSE:SID). CSN is the second steel company of Brazil and the first producer of flat steel, which has a capacity of annual production of 5.6 million tons and generated 16,000 direct jobs. The company has international operations, beginning its process of internationalization in 2001 through the purchase in the U.S. Heartland Steel. Leveraging the advantages, the firm operates currently in different market segments such as automotive, civil construction, containers, appliances, among others. After seeing this note, I searched the graph of its SARD to see its evolution, and found that it is observing an upward trend since the beginning of February this year. Papers of the company did not have a good day on yesterday and closed at $22,34, far from US $51, from May 2008. However, the current value of the ADR away lies the growth potential that can reach the company. Depressive economic context, it has been affected by the strong impact of the crisis has been particularly in the sector, but recent signs of global economic recovery hopes increase. The depression of the international scene was reflected in the company’s results during the first quarter of the year. The gross operating profit (EBITDA) of Q1 2009 was 681 million reais ($ 323,3 m), representing a 47% drop compared to figures for the first quarter of 2008. This sharp decline has other extenuating circumstance that CSN is recording a record in 2008, its net profit R $ 5.8 billion (US $2.529 million), double the figures for 2007. On the results of the first quarter of 2009, the brokerage Brascan said in BNamericas: since 2006 have not observed a less than 30% Ebitda margin. The reason for this result for Brascan is: this weakening of the operations is a direct reflection of the low demand for steel products. For the consultant, from such a result will be a gradual and continuous improvement every month demand that recompose the results of the signature. The expected recovery in demand for steels represents good news for the prospects of profitability of the company to which is added the decision to impose tariff measures the Brazilian Government and the end of a dispute which maintained with Vale (sao:VALE3; NYSE: VALE). Recently in Brazil decided measures tariff on steel imports that have a positive effect on the companies in the country, as CSN. Lula’s Government decided to cede to the pressures of the local industry, reimposing tariffs ranging from 12% to 14% on imported steel products. These had been eliminated in 2005. Last may, CSN managed to finish a dispute initiated by the exploitation of the mine stone house, in a negotiation than with benefits for both in 2000 by Vale, and according to which shall be at the discretion of Vale suspend or definitively cancel a contract until end of this year, to buy ore produced by Casa da Pedra. The agreement foresees also the supply by Vale of up to 3 million metric tons of pellets of iron to CSN between 2009 and 2014. In what refers to the company’s strategy in these times of crisis, it has prioritized kept liquid at least until uncertainty in the markets. In this sense, CSN made a strategic sale of 40% of the shares of national ore S.A. – Namisa- (Brazilian production company of iron ore, a subsidiary of Siderurgica CSN), to a consortium with companies in Japan and South Korea. In the same line of maintaining financial strength for this year, and considering the weakness of demand that will see a slow and gradual recovery and that will limit the volume of income, CSN has limited their investment projects to the continuity of which are already underway. At the moment, CSN has postponed the project of entering the market of long steels (the specialty of CSN are flat steels), scheduled for 2010. The construction of two new steel, one in Itaguai (Rio de Janeiro) and another in Mina Gerais was also postponed. Yes it was confirmed the continuity of investments for the construction of a cement factory. Perhaps one might think that the decision to postpone investments in steel sector represents a step backwards for the company. However this is not so since global demand is very depressed and will take a long time to resume normal, so it is not advisable on installed production capacity to expand to a current oversupply for the situation. Test of excess capacity of existing production at the global level, a friend of mine who works in a steel leader in Argentina, told me in China around 90% of steel plants are stopped, given the weak demand. Thus, in the immediate term, this Siderurgica argentina benefited from demand for steel from China that exceeds the production carried out active plants, but this situation is not sustainable in the medium term since many plants that are inactive like these from China will restart with the recovery of the global economy. To synthesize, Pimco sees a company that is well positioned in a market that while it is depressed, is in its phase of gradual recovery in CSN. On the other hand, the business strategy of the company allowed to speed recovery of their profitability compared to other companies in the sector.