In the week of stress test for European banks, international markets have scored good progress. Featured particularly emerging markets: Brazil, Russia and China have closed a week with increases above 4%, but also the turkish market clearly shows more strength than other indexes.
Seat evident increase in the last week in America thanks to good directions come from the corporate front. Even the negative data from the labor market have scared the markets. The purchases were then intensified in the wake of the week came news from the housing sector and that surprised superindex slightly downward the estimates of analysts.
The bags are generally improving the technical status and those in which the trend was already, as the DAX, confirm the positive trend.
for the S & P 500 after the minimum score decreasing, the trend is improving, they have confirmed the dynamics overcome the bearish medium. Very important now to overcome the resistance in 1110 and 1150.
Regarding Europe, still love the sector of industrial stocks, cars, food & beverage and household goods per person. Well even the banking sector, after the stress tests evil over the Health Care sector. On the currency front, the euro weakened to dollars and pounds. Within the bond, the Bund and weak developing countries maintain an enviable trend.
Among the commodities, oil well that retrieves positions while gold still has a low strength in the short term, while maintaining a positive trend in the medium to long.
Friday, the markets closed with sharp declines and closures near intraday minimum. As for the sharp declines in U.S. indexes on Friday confirmed the downward trend in action: still fails to include the violation of the minimum to complete the previous trend. Europe, the Eurostox 50 closes the week with a massive drop, but for now the index maintains a technical configuration better than the American. The retracement on Friday, the index u and it follows a series of consecutive increases, which occurred in the first half of July: it could be a healthy break and a retracement before returning to New hikes, but also to be confirmed this week.
The very weak closing on Friday of U.S. indexes was generated by disappointment for the second quarter of fiscal data reported by some large companies like General Electric, which was below analysts' expectations. The results of the second quarter of U.S. banks (JPM Morgan, Bank of America, Citigroup), but failed to impress the positive mercato.Oltre the quarterly U.S. macroeconomic data also show a weakening of the week the U.S. economic picture. The minutes of the Fed of 22 and 23 June indicate a slight reduction of growth estimates and a slight increase in those relating to unemployment. The Fed in fact expected that the current growth trend in the void of activity caused by the crisis will not be filled before 4 -5 years. And 'the foreign trade and manufacturing that contribute to shaping the consensus on U.S. growth in the second quarter. Finally, the disappointing performance of the labor market is the basis of the deterioration of consumer confidence in July, expressed by the developed dall'Univeristà of Michigan.
With regard to international indexes have turned in more strikingly weaker indices like the FTSE and Mib Ibex, while the Dax and Nordic confirm their strength.
As for the sectors in Europe last week to retrieve the Axis and energy and give way to the Banking and Insurance and Basic Resources. Among currencies, the euro continued to rebound during untying of fact by the positive correlation with the market declines. The European currency gained positions on the dollar and sterling. Even the lateral trend of oil, while gold is going through a soft patch in the near future. Bund remains rather short lateral approach, while it remains bullish for the medium and long See chart.
Week of technical rebound on international markets found the strength to move away from the low levels reached in recent weeks. The reasons for the increase are to be found change in market prospects of keeping the global economic trend decisively to the improvement of short-term trend.
The change in sentiment is due to the weather on the results of stress tests on banks, which "should" give surprises, given that their publication is scheduled for July 23, and cyclical sectors such as Financial, Auto, Resources base. The strengthening of the euro is a case, much firmer than the other currencies, sterling, yen and Swiss franc.
For the U.S. stock market last week the increases were fueled by positive data on the employment front (requests for weekly unemployment benefits fell to 454,000 units) and the International Monetary Fund reports that in the upgrade report, in July revised estimates of U.S. GDP in 2010 and 2011 (respectively 3.3% for 2010 and 2.9 % in 2011).
As regards the performance of indexes:
American Market
S & P 500: having breached the minimum reached in May and June, important threshold to prevent the change of the trend Overall, the index relies on 1020 and then again upwards technical rebound.
Nasdaq Composite: the index is still stronger than securities industry, although the strength of the index is declining in recent weeks. Important that the index maintains the media and exceeds the previous maximum share in 2350.
Dow Jones Industrial: trend weakened by the long break in the media area 10000-9900 points.
European Markets:
The Dax: index more representative European again touched the maximum period. The technical situation is better than the European indices also the trend is losing strength. Next resistance 6100.
Ftse Mib: the index maintains a low relative strength compliance with European shareholding even though the situation has improved since June.
Commodity Market:
Gold: period of weakness in the short even if the technical approach remains positive long Oil: remains substantially in a lateral trend. Bund: quotes stationed on top. (See chart)
output this year, Angela is the title of a French song Yannick Noah (born 1960), I personally prefer the French, at this time and for some years now. We say that the whole family is made up of sports: He is a former tennis player (and still the best tennis so far as French is the only country to have won the tournament in Roland Garros), his father, an African, was the player, and Joakim is his son play basketball and the team is the Chicago Bulls.
Angela refers to Angela Davis (Born 1944), which will be discussed later. Accompanying us in the words of this song involved (as is often done in France for the songs) proposed here, we will try to contextualize the situation in 1968 and as to focus attention on that woman.
For convenience, the words were translated from French.
words in French:
1968, l'Amérique est Figee A protest ange Les écrous sont rouillés I'm black and I'm proud Le souffle des ghettos Les gants noirs if Levent Un soir à Mexico
Le rêve de Martin Luther King martyrisé
Une enfant nue brûlée Bobby being murdered Black Panther hunted Lesson intolerance This woman is guilty Guilty hope
Oh Angela, Angela My home is your home Oh Angela, Angela You know you'll never walk alone In November 2008
One night in Chicago states who unite And change skin If the world tilts And we talk about luck Angela
Tonight It's you that I think
Oh Angela, Angela My home is your home Oh Angela, Angela You know you'll never walk alone
Angela Angela my sister my sister My home is your home Angela My Sister My Sister Angela
Ton nom dans nos vies résonne
Oh Angela, Angela My home is your home Oh Angela, Angela Ton nom dans nos vies résonne my sister Angela Angela
My home is my sister Angela your home my sister my sister Angela
Ton nom dans nos vies résonne.
words in Italian:
1968, America is paralyzed An angel protest nuts have rusted I'm black and I'm proud The breath of the ghettos They get into a fist gloves blacks One night in Mexico City
The dream of Martin Luther King was martyred
A naked girl burned Bobby was assassinated The black panther is hunted lesson of intolerance That woman is guilty Guilty of hope
Oh Angela, Angela My home is your home Oh Angela, Angela You know you ' ll never walk alone
One evening in November 2008 in Chicago states that join changing skin If the world bows It speaks of chance tonight I'll
Angela Oh Angela, Angela My home is your home Oh Angela, Angela You know you'll never walk alone
Angela My Sister My Sister Angela
My home is your home Angela My Sister My Sister Angela
Your name in our lives vibrates
Oh Angela, Angela My home is your home Oh Angela, Angela Your name in our lives vibrates
Angela My Sister My Sister Angela
My home is your home Angela My Sister My Sister Angela
Your name vibrates in our lives.
1968 is a very important year. Worldwide, there is an awakening that shakes the mind. It is, so to speak, a moral and ideological crisis because at that time it introduces the concept of freedom (the status of women, the "Blacks" put under the yoke of the "White "...). The world is expressed, by the way, and discusses, for example, war. In the United States in Chicago in August, many students call into question the Vietnam War and the American way of life (American Way of Life), clashing with security forces. A few months earlier, South Carolina, three students died showing Americans their civil rights.
In France, as far as we can tell, there was a riot to triple aspect. "Mai 68" has been the period that marked a caesura in cultural, social, political and bounce, it has become over the years, an important date pin in the contemporary history and head of all. This state of crisis has developed in three stages:
1) The crisis of the university student with the occupation of the university (that was the first ... Nanterre Paris IV - La Sorbonne became the last bastion) and with the appearance of personalities such as Daniel Cohn - Bendit (called Dany Le Rouge, because he had dyed his hair red), a student at the time of the extreme left, who led the student movement. Today Daniel Cohn - Bendit has joined the world of politics, the environment.
2) The crisis in the working class (general strike which will continue even after the conclusion of the Grenelle Accords)
3) The political crisis that leads to the dissolution of the National Assembly and the resignation of President Charles de Gaule, which was repaired in the meantime, in Baden Baden, a German city, by his friend Gen. Massu).
But back to our subject, do not get away ...
For Angela Davis, 1968 was the year when he got a degree but is also the year that he began to do the teaching at the university. At the same time became a campaigner for the Communist Party and the Black Panthers. The Black Panthers, an organization which is named after the original Black Panthers, were created in the late 60s to free African Americans from all heavy discrimination, whatever that is.
Meanwhile, in the ghetto, the black community was the victim of raids and had to fight against the authorities. The riots are suppressed, caused by the insurgency would not accept the abuse, the lynchings in public ...
There was only Martin Luther King (note here the remarkable speech http://www.peacelink.it/storia/a/5433.html) to seek an equal sign between the "races" (his word that I personally hate) and to protest against such inhuman methods but there were other African Americans. In response to the struggles of black power and protest against unhealthy this atmosphere, this rampant racism, Tommie Smith and John Carlos, two athletes, two sprinters, raised their gloved clenched fists in black in Mexico City.
We are always crazy at this time for the United States, a federal warlike people who bomb innocent and harmless, to shots of napalm, and usually the sole reason for going to war. We all remember this photo taken in 1972 which toured the world, who has a daughter, Kim Phum, a resident of South Vietnam, which escapes to the naked photographer to raise some 'repulsion.
should be said that well as the political class, the highest offices of state, is affected. When the singer mentions "Bobby", alluding to the brother of John Fitzgerald Kennedy, Robert Francis Kennedy, who bore this nickname. That presidential candidate wanted to refresh, like his brother, hope in a country thirsting for justice and freedom. June 5, 1968 will be murdered while engaged in the fight against organized crime. The links between her killing and that of his brother still has not been assessed. Send "evokes the hunt for which they were victims of the Black Panthers and in person, same as Angela Davis - seriously - was" hunted ". The U.S. government began to keep an eye on when he became aware of his belonged to two groups. Given his views, is dismissed by the University of California at which he taught for a year. In 1970, the rage against it really takes shape with its inclusion on the list of most wanted by the FBI. Accused of conspiracy to free George Jackson (another black militant Black Panther), arming prisoners. She had to escape the police for two weeks. He could find refuge from the Americans whose homes had humble folders with the phrase, "Angela My Sister, My home is your home" but he did not and will be in a hotel. Will freed after his acquittal. The last episode to which you refer is that of November 8, 2008, the day is a victory for Barack Obama in the presidential elections. Chicago is the bastion of the former senator. This jump in time (1970 => 2008) shows the evolution of thought in the world and specifically in the United States.
This page is the situation in Sicily after the assassination of judges Giovanni Falcone and Paolo Borsellino, that is, from 1992 until today. These two judges have influenced public opinion to persuade it to fight the Sicilian Mafia.
The aim is to show how the Cosa Nostra has been weakened since the 90s, a period which is a turning point in this battle against the Mafia. First, I will speak of information systems, technology and information used by the police. Then, mention the arrests of Mafia bosses, the so-called "leaders of leaders." But above all try to highlight the change of mentality.
First, you need to analyze the historical evolution of this complex situation, it is speaking of a social phenomenon, rooted in the customs and daily life. So, sometimes, we must refer to events dates prior to this period. "The Octopus" as it is called, has existed since the nineteenth century.
So - here is where I want to get there - it must be said that the police, the carabinieri and the police stations have become accustomed to this "honor society". The Pool has conducted investigations and anti-Mafia magistrates were able to enact laws. Operation Clean Hands has done his part, because he fought corruption, which is present in Cosa Nostra. The authorities know how to operate and codes of this association mafia. They know that the mafia are not routine in their work and know how to communicate. You send the "Pezzini" This used to be half a decade makes a mafioso to write a message (about the mafia or not) on a rolled sheet, whose ends are bent. On it is written to a number that corresponds to the name of a Mafioso. Everything is glued with tape, making it impossible to see the message before the recipient receives it. The problem is the slowness of this means of communication because the message is transmitted in the hands of many "men of honor."
The authorities have placed cameras and microphones, and these tools are essential in the fight against the Mafia. So they can know their appointments and catch them red-handed. For its survey, in Palermo, Colonel Mannucci has been observed gangsters for two years before reacting.
Secondly, I would like to talk about the arrests that have contributed to the destabilization of the system, changing the type of operation and guidelines. Between 2005 and 2008, about 500 people were arrested. But the most spectacular historical arrest was that of December 16, 2008, in which police in 1200 were used to stop 99 suspected mafiosi.
Among the mafia leaders, we remember those who have been arrested: Totò Riina (January 15, 1993), Bernardo Provenzano (11 April 2006), Salvatore Lo Piccolo (the November 5, 2007). The operation and organization change according to the Boss: with Toto Riina, a Corleone, a reign of terror and extreme violence. He declared war on other gangs and the state, killing two judges. He killed about forty people and had organized the murders of more than a thousand other people. By Bernardo Provenzano, everything will be different, he lives in the most hidden and secret profits realized on the sly. The capital increases. The organization is restored. Some families are crumbling. Following declare the end of the attacks-show against the magistrates and police, and murders of non-mafia. Its strategy is to forget to all Sicily that is no longer on the front page of newspapers, but also motivation for the authorities. After 40 years of inaction, is stopped. As for Salvatore Lo Piccolo, was arrested by 40 police with his son Sandro after hiding for 25 years.
Finally, we can say that in recent years as retailers and employers refuse to cooperate with the Mafia. The people protest against this age-old problem of crime.
Examples abound to prove it. Libero Grassi and Vincenzo Conticello were distinct from the others: they have agreed to pay protection money and are opposed to their extortionists. The entrepreneur Libero Grassi, 10 January 1991, he wrote a letter to the Giornale di Sicilia in which the mafia warned to avoid buying bombs and explosives since he was under police protection. He refused to pay the 50 million requested. He died August 29, 1991. Vincenzo Conticello, a prominent merchant in Palermo, 25 November 2005, did not want to pay the mafia, who demanded € 50,000 for the years in which he had paid protection money. The owner of "L'Antica Focacceria San Francesco is constantly escorted by three officers and its restaurant is supervised. On 18 September 2007 was the first to point the finger in the direction of a mobster in a process.
Elsewhere, in Campania, is famous for having written Gomorrah Roberto Saviano and having investigated, in this case, the Camorra.
of opponents, there are others: even the journalists have committed. Take the example of Pino Maniaci, the Director of the broadcaster based in Telejato Partinico, which operates with young local TV (the station is said to be the smallest in Italy - Corleone and Partinico and is seen by 150,000 people). His personal fight against the Mafia is the preparation of TG (the longest in the world) that lasts for two hours in which they complained of the abusive practices of the Family among which we find Vito Vitale, who strangled a boy after he dissolved in a barrel of acid. Although he was sentenced to life imprisonment, the family still dominates on Partinico. Leonardo's son along with his brother has authority on earth.
addition to Cosa Nostra, the Mafia continues to struggle with music. Think is a song by Fabrizio Moro Young, released in 2007. Then other changes are made to express these ideas as Freedom.
We can say with some certainty that Cosa Nostra backs: even those who are in the top of the dome are no longer mafia Corleone, emblematic town of Cosa Nostra, known in the film The Godfather, and home to numerous Mafia bosses (Riina and Provenzano). The Corleone mafia are known to be the most violent criminals in clashes with the gangs (who killed over a thousand people between 1982 and 1983).
It is possible that this violence that has reacted part of the Sicilian Mafia even of themselves. So, repent "will go out of fashion" after the attack on Judge Falcone Capaci. Tommaso Buscetta is an illustration. Recently, in a matter of false notes and arms trafficking, the repentant Fabbio Mann made the revelations from the hiding of it all.
should be considered that there were further development and improvement Antimafia. It was an attack on the military mafia that has affected three aspects of the Mafia. The secret, now, no longer exists. That is now known that organized crime exists. Then, impunity would no longer exist: for more than a century and a half, none of them have been tried, but it was decided to put an end to all these acquittals. Finally, we add that the silence is breaking. Some employers break the law of silence.
But the Anti-Mafia has concerns: I think the entrepreneurs are not used then wait to see the sequence of events, unlike the Cosa Nostra, the Anti-Mafia has not undergone the process of globalization (We speak of alliances with other gangs as well as Italy - with the American Cosa Nostra, the Chinese Triad, the Russian ...) so it must improve its international cooperation. Experts also fear that outbreaks of a new war against the state, one war that would restore force to the Cosa Nostra.
The many arrests have not only weakened Cosa Nostra, but also have developed a sense of confidence in the authorities. All this was accompanied by an attack on all fronts, even the land, the fundamental good of mafia power. Some cooperatives have been created against the confiscation of lands.
In general, one can say that the Anti-Mafia Pool, consisting of Borsellino and FALCONE in part, gave the possibility to object to the "Octopus". His immense work in the fight against the Sicilian Mafia has been exemplary and hopes to find a land without violence, extortion, corruption, drug trafficking and without ... have increased. The famous and excruciating Paolo Borsellino's speech, delivered June 23, 1992, one month after the murder of friend and colleague Giovanni Falcone, well describes the narrow-minded that existed at that time in the Italian mafiogena. But we must not forget that he tried to respond to the population, stressing that the reaction is a duty. How? "Keep up the fight and rejecting the whole system. This meant that their work was also stir consciences. Even his speech was effective because they were not only shocked the political world - that has made judicial Operation "Clean Hands", but also the population and especially the younger generations (as he wanted PURSE) who starts to oppose Cosa Nostra forming associations and mafia to the streets. He then allowed the rise of a new way of thinking and so many people could take to the resistance against crime and to be represented. Joseph LUMI embodies the Anti-Mafia, he was Chairman of the Parliamentary Anti-Mafia Commission from 2000 to 2001. Cosa Nostra is struck from the inside: the repentant make revelations that make the organization more fragile.
Judge Paolo Borsellino wished that the fight against the Mafia become "a moral and cultural movement that would involve everyone." This wish is coming true.
Despite this awakening against the mafia, however, we must not forget that in Palermo, 8 out of 10 shops pay protection money, estimated at € 1 billion per year and in effect at that time there was a second mafia in the south of Sicily: the Stidda infiltration is seen more in politics and economy. This new emergency reveal a confession of weakness or a strategy for recovery from the side of the Cosa Nostra?
Erasmus, that's a word that makes my mouth water ... Some of us have left, are, (are about to leave) or leave to do the student or the student Erasmus. But, by the way, we all know who was Erasmus?
Erasmus (whose appointment is his tria: Desiserius Roterodamus Erasmus), known theologian and humanist, was born in 1467 of humble origins (his mother was the daughter of a doctor and the father said the priest). His name was famous because he gave a draft of student mobility in Europe. Why? For the simple reason that he was a real globetrotter. Became a priest at twenty-five years after a crowded encyclopedic knowledge, he left the convent, followed by the Bishop of Cambrai the secretary, then moved several times. At the end of the fifteenth century, stood for four years in Paris where he learned the greek ancient at the Sorbonne and met some humanist. Leaving the university French, will be disappointed a second time the School (the first time was when I left the community of the Brothers of the Common Life, before becoming a priest, where they already wanted to "secularize" the philosophy taught in the Middle Ages). In 1499, led by William Mountjoy, a young English lord, he went to England where you will among other things, Thomas (creator of the ideal city of Utopia ). From English, among the intellectuals who attended, he met with Italian and probably will help in 1506 in his decision to leave for Italy. In 1500, he wrote Adagia and three years later Enchirion Militis christiani (Handbook of Christian soldiers), works of reference for the Christian humanism that liberal Catholic reform, based on charity. At the same time, he began translating the New Testament that was mobilized for ten years. In Italy, passed through the cities of Turin and Bologna, which will get a doctorate in theology. Context after the papal authority (but less than Luther and Calvin) and some critical practices and dogmas of the time, well not favor a schism. Then, when he returned to England, he drew Praise of Folly, a sermon full of paradoxes which aimed to reconcile Socrates, King Solomon and Christ. Following prepared the publication of his translation, making the hostilities break out entirely reactionary theologians opposed to all the Hellenists who drew directly in the Gospels. Since that time until 1529, he found himself in the midst of religious conflicts. The Lutheran Luther accused of having "hatched the egg" of reformism that Erasmus had laid. It required a choice on the part of Erasmus in the dispute. He defended the reconciliation. After that, he began the quarrel in their works between the two major players. Al De agency (1524) of Erasmus opposes servo will (1525) of Luther. While the wars of religion were preparing, Erasmus refused, in Basel, those classifications systematic and proclaimed in a speech that the Church must find the unity that was lost. Faced with the rise of extremism, had to flee for refuge from Basel to Freiburg. Will always return to Basel, a few years later, before his death in 1536.
Paolo Brezzi, writer of the twentieth century wrote: "One of the greatest men of culture of the Renaissance, Erasmus of Rotterdam, was brought by his own humanitas to condemn the war as "Absurdity bad, anti-Christian, bestial, savage," to despise "fools names' in English, French, German and other nationalities because the name of Christ all of us together," the whole world is a common homeland, "he wrote, but that world was no more than the Europe of the time and environment, Erasmus, even substantiated by Christian sentiment, but also bound in brotherhood by a humanistic spirit of tolerance and understanding. "
In short, we say that Erasmus traveled a lot but always followed someone. From the Netherlands, will go to Paris, England, Italy .... Will always have wanted to keep every idea can be reconciled with the Gospel message. Remain also famous for centuries for preaching peace, unity and love, in short, for its humanism.
bad week for global markets show that across the board reductions in all indexes. Sales have been triggered by fears of a slowdown the world economy, the Chinese economy in particolarmodo, was released this week superindex China +0.3% against 1.2% the previous month.
From a technical standpoint the U.S. markets have violated the minimum in June, confirming the formation of a bearish trend. This consideration calls for a more conservative interpretation and more opportunistic in dealing with the markets in the coming months. The resumption of a positive trend is however not entirely be discarded, but the market will confirm in the next few months, with the recovery and preservation of media violated.
From a macroeconomic perspective on the lists have weighed on the data U.S. job market released before the start of trading Friday, while the unemployment rate in June has dropped to 9.5% from 9.7% the previous month, the loss of jobs in non-agricultural sectors, amounting to 125,000 units, was superior to the consensus that was set at 100,000. A disappointing data were then also on orders to industry, industry decreased by 1, 4% in May against expectations for a smaller drop, or 0.6%. The economic slowdown was confirmed Thursday by requests for unemployment benefits revised upward to 472,000 units (estimated at 452,000). Also below the expectations were too; the ISM manufacturing index, which fell in June to 56.2 points, and that on the sales of houses with current contracts that in May showed a fall of 30%, well above forecasts of analysts who had expected a smaller decrease of 12.5% . Only spending on development has surprised positively, however, marking a decline of 0.2% in May (-0.8% expectations). They have done better data on the creation of jobs in the private sector in the month of June saw 13,000 compared with 60,000 expected, but does include the Chicago PMI index drops which, although it declined to 59.1 points from 59.7 in May, stood above the consensus, set at 59 points. Finally beginning to be reported last week U.S. consumer confidence collapses, the surprise index has fallen 52.9 points in June from 62.7 the previous month (estimated 62.8 points).
S & P 500 has in fact violated the minimum reached in May and June, critical threshold to prevent the change of the general trend. Even moving averages reveal weakness, reversing their direction to the upside.
Nasdaq Composite Index: The index is still high compared to industrial stocks, although the relative strength is decreasing slightly in recent weeks. Dow Jones Industrial
: trend of long endangered by the failure of the media area in 9900-10000. Now the levels of support are at 9400/9500, then area 8700.
As for the European market;
For European markets weighs the news that Moody's might downgrade the debt rating of Spain's two "notch" in the light of the weak growth prospects of the country.
Dax: the index has a better technical situation with other European indices, although the trend is losing strength.
Regarding the Mib FTSE, the index maintains the chronic weakness in relative terms compared to European shareholding. The index is already making record maximum descescenti. Advance
week in defensive sectors, while the gold loses position strengthens the Bund.
