Tweet





Share

How to get full websites on an Android phone - Minneapolis Star Tribune

QWhen using my HTC Inspire Android cell phone to surf the Net, I am usually redirected to a website's mobile page. I have fast 4G service, and I'd like to avoid this. How can I?

RAFAEL BORRERO,

PEMBROKE PINES, FLA.

AThe problem is that website operators think they're doing you a favor, even though they're not. But there is a work-around.

To cope with the limitations of traditional cellphones, websites often maintain both a standard Web page for computers and a downsized mobile page for cellphones that lacks most of the photos and graphics. The idea is that those images either won't display properly on a cellphone or will take too long to download.

How does the website know you're on a cellphone? Because it can detect your phone's operating system and then automatically send you the mobile Web page.

This is beginning to change because many smartphones can reproduce the full Web page without problems, and 4G wireless Internet connections can download the Web pages at speeds previously available only on wired Internet services.

For example, StarTribune.com sends the full Web page to iPhones and Android phones, while all other phones still get the mobile page.

But if you don't want to wait for other websites to change their ways, you can make your own choices with the Dolphin browser for Android phones (read about it at tinyurl.com/5vfupz2.)

Dolphin can imitate other devices, which will trick websites into sending your phone the full Web page that would normally be sent to a browser on a Windows PC.

Dolphin is available through Android Market, the app store for Google Android phones, or at tinyurl.com/3esf4uw. There's a free version with advertising and a $5 version without.

QWe have trouble when we try to print from the Yahoo Finance website. Only the header prints on the first page, and only about 1 inch of text prints on the second page -- and then it's to the far right side of the page. What should we do?

ORREN AND RUTH BRADLEY

SAHUARITA, ARIZ.

APrinting from Web pages is always a challenge because they are formatted in many different ways, not all of them printer-friendly.

If you're having trouble printing the original page, the best solution is to define and copy the text or chart you want, then paste it onto a blank page in a word processing program such as Microsoft Word.

While this may result in wrong-sized text or charts, you can easily resize them or change the margins before printing.

E-mail tech questions to steve.j.alexander @gmail.com, or write to Tech Q&A, 425 Portland Av. S., Minneapolis, MN 55488. Include name, city and telephone number.

Source : Click Here

Volkswagen Financial Services Adapts Webalo on its Smartphones for Better ... - TMC Net

Volkswagen Financial Services (UK) Ltd, one of the major motor finance companies in the UK , has recently adapted Webalo (News - Alert) software from Los Angeles-based privately held company Webalo.

The officials at Volkswagen said that they would use the Webalo solution on their smartphones to improve access to real-time sales and customer service data for their field staff and senior managers.

Webalo, which is available as a hosted and virtual appliance version enables non-IT business administrators to easily and rapidly configure the connections between smartphones and enterprise apps from vendors such as IBM, Oracle, SAP (News - Alert), and Microsoft, as well as from in-house applications. Then, in seconds, Webalo conforms the settings to the native user interface of any Android, BlackBerry, iPhone, Symbian (News - Alert), Windows Mobile, or Java-enabled smartphone or tablet.

Its ability to provide direct access to the specific data and functions that individual users need streamlines interactions with the enterprise and enhances productivity.

Graham Wheeler, managing director of Volkswagen Financial Services (UK) Ltd, said; "Smartphones and tablets aren't just for fun applications, there is a real business need for this new technology. For VWFS to continue to flourish, the team need to be able to analyze the latest data and to make effective decisions.”

This new deployment will help Volkswagen to improve overall efficiency of the employees and enable them to access sales, loyalty and customer service statistics backed by their existing SAP database on their smartphone. The new software also runs a series of reports which allows users to access data pertinent to their role which can be analyzed to a low level.

"The speed and simplicity of Webalo were the primary benefits for us, though those translate into cost savings, as well," said Carl Redman, Head of IT Development at VWFS (UK) Ltd. "The ease of development means that we can be fully deployed with Webalo in much less time, and at less cost, than it would take with other approaches."

Peter Price, Webalo's CEO said that Webalo gives employees exactly what they need to get for their work done right from their smartphone or tablet and or IT this means enhancing corporate productivity, without the time and cost of creating and then maintaining a whole new layer of mobile applications, as they can use Webalo to easily connect directly to their existing enterprise applications and data.


Jyothi Shanbhag is a contributing editor for TMCnet. To read more of Jyothi's articles, please visit her columnist page.

Edited by Stefanie Mosca

Source : Click Here

Sony's Music Unlimited music service goes mobile on Android - ZDNet (blog)

Sony’s cloud-based Music Unlimited (powered by Qriocity) music service has had a major breakthrough today: it’s going mobile.

Music Unlimited, which retains a library of six million tracks and counting, is already accessible via several Sony-branded products, including the PlayStation 3, Bravia HDTVs and Blu-ray players, and the PlayStation Portable. A web-based portal is also available for access on PCs and Macs.

But this new app brings the cloud of music to select Android-based smartphones, and naturally all of the Sony Ericsson Android handhelds that will support the program.

I’ve been a big fan of Music Unlimited (even with the PlayStation Network downtime) since it rolled out in the United States a few months ago. It’s a useful program for home entertainment, but that limited its potential for popularity. But with this move to mobile devices and the ability to access music in the cloud from anywhere (permitted that the user has 3G/Wi-Fi connectivity), this is going to be a big competitor and possibly leader against Amazon’s Cloud Locker, Google Music and even Apple’s iCloud when that hits the airwaves.

The Music Unlimited app is available to download from the Android Market immediately in the nine countries where the music service is available: the United Kingdom, Ireland, France, Spain, Germany, Italy, Australia, New Zealand and the U.S.

The app itself is free, but accessing Music Unlimited is not. New users can sign up for a free 30-day trial. Subscription plans start at $3.99 for the basic plan, which permits users to only stream content, and move backwards and forwards on the pre-determined playlist. The price jumps to $9.99 per month for the premium plan, which permits full access to manually creating playlists and searching the extensive library through a medium of channels, organized by genre, moods, artists and more.

If you were a Music Unlimited subscriber before the PSN outage in April, you will be treated to a refund and an additional month of free service.

Related:

Rachel King is a staff writer for ZDNet based at CBS Interactive's San Francisco office.

Source : Click Here

Contract disputes-finance reveals how investors Back prosecution - Forbes (blog)

 A Chevron Station with a White Spot inside of ... Wanna invest in a lawsuit against these guys? Image via Wikipedia


A contract between Ecuadorean villagers suing Chevron and a London firm that finances corporate litigation offers a detailed look at a growing phenomenon in the law: Investing in lawsuits. The contract with a Cayman Islands arm of Burford Group shows the conflicts that can riddle such arrangements, and have  led some states, like Nevada, to ban them outright.


The U.S. Chamber of Commerce condemns outside legal finance entirely, saying it can prolongs litigation and induce people to sue for no reason other than they’re being paid to do it. As the Chamber’s highly paid legal experts say in this report:



The purpose of court proceedings is not to provide a means for third parties to make money by creating,multiplying and stirring up disputes in which those third parties are not involved and which would not otherwise have flared into active controversy.


Proponents of litigation finance note that a) a hedge fund that invests in frivolous litigation won’t stay in business very long and b) litigation finance is rampant already, as this ad for divorce funding shows. Poor litigants get outside financing for personal-injury lawsuits, in the form of contingency-fee arrangements with their lawyers. If they win, they hand 30% to 50% to the lawyer. If they lose, they owe nothing. And insurance companies frequently take ownership of legal claims through the process of subrogation, where they sue to recover money they paid out to one of their customers as a result of, say, a car accident.


The story behind the financing of the Ecuadorean villagers is a bit more complex. As they were closing in on an $18 billion pollution verdict against Chevron last year, the plaintiffs had a problem. Their lead attorney, Steven Donziger, had spent $6 million or so on the case over almost two decades but he had ruptured his relationship his with longtime financial backer, Philadelphia attorney Joseph Kohn, after a series of missteps including inviting a documentary filmmaker to record damaging conversations on camera. With victory in sight, the lawyers were in danger of running out of cash.


So they turned to Burford, a publicly traded company that specializes in financing corporate litigation. Burford is run by experienced corporate attorneys with blue-chip resumes — the chief executive Chris Bogart, is the former general counsel of Time Warner and directors include Geoffrey Hazard of the University of Pennsylvania Law School, considered the dean of U.S. legal ethics and civil procedure.


Normally the contract between Burford and the lawyers suing Chevron would be confidential, but thanks to Donziger’s on-camera antics and an angry federal judge in New York, it got dumped into the public record along with thousands of other protected documents.


The money, up to $15 million, comes from Treca Financial Solutions, a Cayman Islands entity referred to as “The Funder.” The counterparties are “Friends of the Defense of the Amazon,” a non-profit affiliated with the plaintiff attorneys, and some 40 named claimants who theoretically represent thousands of other villagers whose ancestral lands have been polluted with oil and drilling fluids.


Chevron’s attorneys have identified Treca as belonging to Burford. In the contract, Burford agrees to supply the money in three tranches, starting with $4 million on Nov. 1, 2010 and two additional tranches of $5.5 million each.


What does Burford get in exchange? Figuring out the fund’s return requires skipping to several different places in the 75-page agreement. But eventually a careful reader will uncover the terms of the bargain. Burford gets 5.545% of the “Settlement Amount,” which is stated as $1 billion. What if the case settles for less than a bil? Then Burford gets 98.25% of “Net Recoveries” after paying $2.5 million to another outside investor (Donziger’s Harvard Law School friend, J. Russell DeLeon) and certain expenses of other lawyers. But it doesn’t stop there. Should the Ecuadorean villagers decide to accept less than $1 billion from Chevron, another clause two pages away reveals that the “Net Recovery” is deemed to be the “Settlement Amount.” In other words, if the outside funder isn’t happy with the amount the villagers accept, it gets $55.5 million — a 270% return on its money — before the villagers get a dime.


It’s the relationship between the outside funder and the plaintiffs that requires the most careful lawyering in any such contract, said Anthony Sebok of the Benjamin Cardozo School of Law in New York. I ran the contract past Sebok, who has made a sub-specialty of probing the legal and ethical questions surrounding litigation finance. He said it had “nothing unusual from point of view of the litigation finance world.”


Such contracts should be carefully written to state that under no circumstances will the funder make litigation decisions. The plaintiff might want to walk away from the case, for example. “People abandon lawsuits all the time,” Sebok says. Or if the defendant comes in with a nuisance settlement, the plaintiff’s wisest course might be to take it. For these reasons, he said, “it is ill-advised to give settlement control to the fund.”


Indeed, the Burford contract says that both sides agree their “common interest is served by settling the
claim for a commercially reasonable amount,” but that the claimants “may at any time without the consent
of the Funder either settle or refuse to settle the claim for any amount.” Having established the utter independence of the claimants, the agreement then says they must cooperate with Burford’s lawyers, keep them apprised about developments in the case, and agree not to sell any further portions of the case to other investors without their notice. Oh, and a lawyer from Patton Boggs, a Washington law firm with close ties to Burford, must remain in charge of the cash.


The legal terms for sponsoring a lawsuit are  “champerty and maintenance.” They were prohibited in England, Sebok said, after aristocrats abused the court system by hiring their underlings to sue each other for sometimes frivolous reasons. “It became a sport of the upper class,” said Sebock.


About half the states still ban the practice, although the rules are riddled with exceptions. And states that do allow outside finance have their own exceptions, such as for personal injury cases and, surprisingly enough, legal malpractice. (Apparently lawyers can’t stand the idea of somebody financing a suit against one of their own.)


The central question in any such contract is whether the plaintiffs have sold their right to make decisions about their own case. This just doesn’t seem right, and courts have called it “officious intermeddling.”


So is Burford’s $50 million payoff if the plaintiffs accept less than $1 billion intermeddling? Technically, no. But it’s a little surprising the firm dove into such a tangled lawsuit with so many plaintiffs and different jurisdictions, when its main business is financing more routine commercial disputes between companies. In those cases, a skilled lawyer can make an expected-return calculation — the odds of winning, times the maximum jury verdict — and extend only that much money in order to avoid depriving the plaintiff having any meaningful stake in the outcome. In the Chevron case, with unsophisticated plaintiffs and a welter of international legal considerations, the calculation is much harder to make.


“It’s not good business sense to lend so much that the plaintiff doesn’t care whether he settles or goes to trial,” Sebok said.  Otherwise, there’s “a very good chance, based on all mathematical models I have seen, your recovery is zero. You don’t want to push the party who has settlement control against a wall.”


, a trend that has the U.S. Chamber of Commerce alarmed because of the potential for inspiring or prolonging litigation against its members. The Chamber’s case is presented here. The basic argument is the practice introduces “a stranger to the attorney-client relationship” who is only interested in a financial return, not whether the underlying case has any merit.


But not everybody thinks outside financing is such a bad idea.

Source : Click Here









Render Unto Rome: The Secret Life of Money in the Catholic Church
Render Unto Rome: The Secret Life of Money in the Catholic Church (Hardcover)
By Jason Berry

Shareholder suits, the EU Finance Department, World Bank, EBA report: compliance - Bloomberg

The U.S. Supreme Court made it easier for investors to press securities fraud suits, ruling for shareholders who accuse Halliburton Co. (HAL) of misrepresenting its financial condition while under Dick Cheney’s leadership.


The justices yesterday unanimously said the shareholders can sue as a group without first establishing that they lost money as a result of the alleged fraud.


The shareholders, led by the Erica P. John Fund, contend that Halliburton from 1999 to 2001 falsified earnings reports, played down estimated asbestos liability and overstated the benefits of a merger. Cheney, later the U.S. vice president, served as chairman and chief executive officer of the oilfield services provider during part of the disputed period.


The high court case concerned the standard that applies at the so-called class certification stage, not at final judgment. The Supreme Court previously said that, to get class-action status, shareholders must show they made investment decisions in reliance on a company’s alleged misstatements. Shareholders can meet that test by showing the company perpetrated a so-called fraud on the market.


Chief Justice John Roberts yesterday said that requirement doesn’t mean that investors seeking class-action status must show that they lost money as a result of the alleged fraud.


Teresa Wong, a spokeswoman for Halliburton, didn’t immediately respond to an e-mail seeking comment.


The case is Erica P. John Fund v. Halliburton, 09-1403.


Barnier Calls European Finance Ministry Proposal ‘A Good Idea’


Michel Barnier, the European Union’s financial services commissioner, said a proposal to create a European finance ministry to help solve the euro region’s fiscal problems is a “good idea.”


“I think it’s a good idea” in theory, Barnier said after giving a speech in Montreal yesterday. He said the EU has already taken a similar step by creating a single foreign policy chief. There are possible ways “to do the same for finance,” he said.


European Central Bank President Jean-Claude Trichet said on June 2 that governments should consider setting up a finance ministry for the 17-nation euro region as the bloc struggles to contain a region-wide sovereign-debt crisis.


World Bank Eyes Network of CO2 Markets in Make-or-Break Decade


Emerging nations are growing increasingly interested in using market-based mechanisms to fight climate change and may become the “incubator” for a network of new emissions-trading programs, according to the World Bank.


As many as 20 countries worldwide are considering the introduction of programs that would reduce greenhouse gases and create tradable pollution permits, said Andrew Steer, World Bank special envoy for climate change. The bank last week approved the first grants to developing nations to help them analyze and design emissions plans that could boost the $142 billion global carbon market after it shrank for the first time in 2010.


The global value of the market for greenhouse-gas permits and credits for cutting pollution fell to $142 billion last year from $144 billion in 2009, snapping five years of growth amid a lack of clarity about the future climate framework, a World Bank report showed last week.


The idea of a carbon market “is catching on,” Steer said in an interview on June 2 during the Carbon Expo conference in Barcelona, Spain. China is introducing a cap-and-trade system over the next two years and the World Bank is providing support to Chile, Colombia, Costa Rica, Mexico, Indonesia, Thailand and Turkey as they work toward “market-based instruments” that help cut greenhouse gases, Steer said.


For more, click here.


Hypo Noe Says Charged 58 Million Euros by Austrian Watchdog FMA


Austria’s banking watchdog FMA yesterday ordered Hypo Noe Gruppe Bank AG to pay a 58 million-euro ($85 million) fine over an alleged breach of banking rules, according to a statement by Hypo Noe.


The order claims Hypo Noe breached limits on how much money it can lend to single customers with an 800 million-euro investment in an affiliate, the bank said in the statement.


It added that it disagrees with the FMA and will challenge the order in Austria’s highest court.


Ex-Credit Suisse Employees Face Trial in Korea, Times Says


Two former employees of Credit Suisse Group AG (CSGN)’s Hong Kong branch face trial in South Korea on charges of unfair profiteering from stock price manipulation, the Korea Times reported yesterday.


The pair were charged with investing in struggling firms between 2005 and 2006 to boost their stock prices and selling borrowed shares from the companies at higher prices, the newspaper said, citing the Seoul Central District Prosecutors’ Office.


Three phone calls to the prosecutors’ office were unanswered yesterday, a Korean national holiday. Uni Park, a spokeswoman for Credit Suisse in Seoul, declined to comment.


Ex-IMF Chief Strauss-Kahn Pleads Not Guilty to Sex Assault


Former International Monetary Fund Managing Director Dominique Strauss-Kahn pleaded not guilty three weeks after his arrest to charges of sexually assaulting and attempting to rape a Manhattan hotel maid.


After the hearing before New York State Supreme Court Justice Michael Obus, Strauss-Kahn left the courthouse with his wife, Anne Sinclair, as hotel workers shouted, “Shame on you.”


Strauss-Kahn, 62, was arrested May 14 and later indicted on seven counts that included attempted rape, sexual abuse and unlawful imprisonment. If convicted of the top charges, he faces as long as 25 years in prison. He allegedly attacked a housekeeper, a 32-year-old from Guinea, at the Midtown Manhattan Sofitel on May 14.


“There was no element of forcible compulsion in this case whatsoever,” Brafman told reporters outside the courthouse after the arraignment. Obus scheduled the next hearing for July 18.


The case is People v. Strauss-Kahn, 2526/11, Supreme Court of the State of New York, New York County (Manhattan).


For more of this story, click here.


Geithner Urges Rules on Swaps to Avoid ‘Race to the Bottom’


U.S. Treasury Secretary Timothy F. Geithner said he wants global minimum standards on derivatives trading and urged regulators to avoid a “race to the bottom” in which financial risk moves to the least-supervised economies.


“We need global minimum standards for margins on uncleared derivatives trades,” Geithner said yesterday in remarks prepared for a speech in Atlanta. “Without international consensus, the broader cause of central clearing will be undermined. Risk in derivatives will become concentrated in those jurisdictions with the least oversight. This is a recipe for another crisis.”


The U.S. Commodity Futures Trading Commission and Securities and Exchange Commission are writing new regulations required by the Dodd-Frank Act, which seeks to reduce risk and boost transparency in the $601 trillion global swaps market.


“As we act to contain risk in the U.S., we want to minimize the chances that it simply moves to other markets around the world,” Geithner said in his remarks at the International Monetary Conference. He pointed to the United Kingdom’s “experiment in a strategy of ‘light touch’ regulation” to attract business to London as a “cautionary note for other countries.”


Bafin’s Sanio, Bank of France’s Noyer Comment On Stress Tests


Germany’s top financial regulator lashed out at the European Union’s bank stress tests, saying the standards adopted by the agency carrying them out lack “legitimacy.”


The European Banking Authority used a definition of capital that deviates from global rules “with consequences no-one can gauge,” Bafin Chairman Jochen Sanio, 64, said in the introduction to the German regulator’s annual report yesterday. The EBA lacks “clear, defined corporate-governance structures, which alone could guarantee process legitimacy,” he said.


“This gives cause for concern in the future,” said Sanio.


The publication of the stress-test results may be delayed until July, a European Banking Authority official said last week. They had been scheduled to be released this month.


An EBA spokeswoman didn’t immediately respond to a phone call seeking comment.


Separately, Bank of France Governor Christian Noyer said the key aim of European bank stress tests is to ensure governments don’t again become crippled by financial industry debts.


“Obviously there is a circular causality between government debt and the banking sector,” Noyer, who is also a member of the European Central Bank’s governing council, said yesterday at a conference organized by the Bank of Finland in Helsinki. “In this context, the main purpose of stress testing is to break that circularity.”


Noyer yesterday reiterated the ECB’s resistance to any model “akin to” debt restructuring as Greece, Ireland and Portugal try to force through austerity measures and avoid default.


For more about the report, click here.


For more about Noyer’s remarks, click here.


Barclays Made $12.6 Billion Loan to Retain Staff, Bank Says


Barclays Plc (BARC), Britain’s third-largest bank, said it loaned former employees $12.6 billion to help set up Protium Finance LP to stop them from quitting.


“Barclays could not offer the management team -- at that time Barclays employees -- an attractive long-term career path,” Finance Director Chris Lucas said in a letter to the U.S. Securities and Exchange Commission on Jan. 31. “There was, therefore, a very significant risk that the team would leave, with the result that Barclays would no longer have the expertise necessary to manage these asset classes effectively.”


Barclays sold $12.3 billion of debt in 2009 to Protium, a fund run by Stephen King, former head of the bank’s principal mortgage-trading group, and Michael Keeley, who was a member of Barclays Capital’s management committee. The management team, initially consisting of 45 former Barclays employees, supplied $50 million of the financing.


At the time, Barclays said the move had nothing to do with “external pressure” from U.K. or U.S. regulators.


The Telegraph newspaper reported the story earlier.


To contact the reporter on this story: Carla Main in New Jersey at cmain2@bloomberg.net.


To contact the editor responsible for this report: Michael Hytha at mhytha@bloomberg.net.


Source : Click Here











Render Unto Rome: The Secret Life of Money in the Catholic Church
Render Unto Rome: The Secret Life of Money in the Catholic Church (Hardcover)
By Jason Berry

The Peru Humala urged quickly for Prime Minister, Minister of finance - NASDAQ

Back to Headlines Print Version Stumble it Tweet it Facebook LinkedIn
Dow Jones Peru's Humala Urged To Quickly Name Prime Minister, FinanceMinister


LIMA -(Dow Jones)- President-elect Ollanta Humala is being urged to quicklyname a new prime minister and a new finance minister, following his victory inSunday's run off vote for president.


Humala, a left-wing nationalist who leads the Gana Peru party, is expected toname respected figures to key government posts, aiming to calm concerns aboutwhat economic policies his incoming administration might follow.


The incoming president will also have to appoint a president to the CentralReserve Bank of Peru, to the tax agency, and to various regulatory agencies.


In his official governing plan, Humala outlined a series of radical policies,but he worked to soften his platform during the campaign.


Following the April 10 general elections, he brought on board a number of neweconomists, particularly from former President Alejandro Toledo's centristparty.


"Knowing the name of the next finance minister and of the president of thecentral bank will be crucial. There were so many contradictions in the Gana Perucampaign that people don't know what to believe," economist Patricia Tuellet wasquoted as saying in newspaper Peru21 on Monday.


Humala's original governing plan was led by Felix Jimenez, an economist fromthe Catholic University of Peru, who has a doctorate from the New School ofSocial Research.


"Gana Peru will convoke personalities from other political groups in order toguarantee economic growth," Jimenez said late Sunday.


During the campaign, a former deputy finance minister in the Toledoadministration, Kurt Burneo, took on a greater role.


In a television interview late Sunday, Burneo said that, "There will be acontra-cyclical fiscal policy and we will seek to permanently ensure fiscalsustainability, that is to say a reduction in the ratio of public debt to grossdomestic product."


Another Toledo ally Oscar Dancourt, an economist who acted as president of theCentral Reserve Bank of Peru, was also active in the Humala camp.


Harvard-educated economist Daniel Schydlowsky, who was head of state-ownedbank Cofide during the government of Toledo, also worked with the Humala team.


Peru's economy has expanded sharply in recent years, growing by 8.8% lastyear, as exports continued to grow and construction and manufacturing help boostgross domestic product.


President Alan Garcia, who defeated Humala in the 2006 election for president,couldn't run again due to a ban on holding consecutive terms.


-By Robert Kozak, Dow Jones Newswires; 51-99927 7269; peru@dowjones.com


Source : Click Here











Learning to Live as One: A Workbook for Engaged Couples (Dating Relationships Living to)
Learning to Live as One: A Workbook for Engaged Couples (Dating Relationships Living to) (Perfect Paperback)
By Randall Alexander

The Parties Spaniards shock on the charges of the Regional Directorate of finance "Chaos" - Bloomberg

Parti de l'Espagne a accusé l'opposition de « hooliganisme » pour avoir dit que les finances de la région de déficit plus élevé du pays sont dans « chaos » après que les élections, a incité le premier transfert de pouvoir y en trois décennies.


L'opposition Parti populaire a remporté de Castilla-La Mancha en élections le 22 mai, après trente ans de régime socialiste et se prépare à prendre en charge l'administration. Vicente Tirado, un chef de file PP dans la région, a déclaré la semaine dernière la région "n'a même pas un euro" et il n'est pas payer les fournisseurs à ses finances sont en « chaos ».


Marcelino Iglesias, un leader adjoint du Parti socialiste, « comptes publics de l'Espagne sont parfaitement vérifiés, » dit aux journalistes à Madrid aujourd'hui. Le PP n'a pas vu les comptes régionaux et leurs accusations sont « presque politique hooliganisme », a-t-il déclaré.


Régions de l'Espagne sont cruciales pour les efforts du pays pour brider déficit troisième de la zone euro qu'ils engagent la moitié des travailleurs publiques et le contrôle des dépenses sur la santé et l'éducation. En Catalogne, la plus grande région, le gouvernement qui a émergé des élections de plans de l'année dernière un déficit budgétaire qui est le double de son objectif, dans un geste Investors Service de Moody, a déclaré aujourd'hui a été « crédit négative » pour l'Espagne.


Les élections en Catalogne l'an dernier a révélé un déficit budgétaire de 2010 qui était de 60 pour cent plus grand que le précédent gouvernement avait reconnu, conduisant certains investisseurs de s'attendre à des révisions semblables après les élections de 13 autres régions le 22 mai. Castilla-La Mancha avait le plus grand shorftall dans le pays l'année dernière, à 6,5 % de son produit intérieur brut et leader du PP dans la région, Maria Dolores de Cospedal, avait dit, avant les élections, que la région était « pratiquement faillite. »


Les socialistes, qui luttent pour protéger de la contagion de la crise de la dette souveraine, face à une élection générale par mars 2012 que les sondages montrent qu'ils perdront au leader PP. PP Mariano Rajoy a promis d'austérité dans les régions qu'il régit déjà et une plus grande rigueur budgétaire à l'échelle nationale lorsque le parti arrive au pouvoir.


Les régions ont convenu de viser un déficit budgétaire de 1,3 % du PIB cette année, dans le cadre du plan du pays pour réduire le déficit global public à 6 pour cent du PIB de 9,2 % en 2010. Le ministère des finances, dit qu'il peut contrôler les budgets des régions indirectement comme elle a le pouvoir de veto sur leurs plans de délivrance de la dette.


« La position de Catalogne montre clairement que le gouvernement central n'a pas d'outils efficaces pour faire respecter la conformité fiscale à l'échelle du gouvernement régional, » a déclaré aujourd'hui de Moody. « C'est aussi crédit négatif pour le gouvernement central ».


L'écart entre les coûts d'emprunt de 10 ans espagnole et allemande élargi à des points de base 224 aujourd'hui de 217 points de base hier.


Pour contacter la reporter sur cette histoire : Emma Ross-Thomas à Madrid à erossthomas@bloomberg.net


Pour contacter l'éditeur responsable de cette histoire : Craig Stirling à cstirling1@bloomberg.net


Source : Click Here











Learning to Live as One: A Workbook for Engaged Couples (Dating Relationships Living to)
Learning to Live as One: A Workbook for Engaged Couples (Dating Relationships Living to) (Perfect Paperback)
By Randall Alexander

Categories

7inch About Access Accounts Activities Adapts Additions Adjustable Advantages affair affect Affordable Agencies alberta Alternative Amazon Ambitious Analysis Android Announces Annual Apple Appliance Application Arguments Around Assessing Association Atlanta Australia Authorized Aware Bankruptcy Basic Beginning Behind being Beneficiaries Benefit Berkeley Better BlackBerry Bloomberg Bookmarking broker brokers Brokers Bruyette builds Business BusinessWeek Buyers buying campaign Cards Caribbean cases Category Caused challenge Chaos charge charged charges Charting cheap check child chips Choosing Chronicle cities Claiming Clubs Clutter Collaboration Combination Common Communicate Compared Compass compliance Comprehending Considerations Consolidation Contract corporate Corporations Costfree Costs could Coupons Credit Custom Dallas Damages Daytrading debacle Department Dependent Designer developers Development different Dining Directorate disputesfinance Distract dIvoire Double Duties ebook Edition Edwards Effective effort EFile enterprise equipment Ericsson Estate Every factors Factors Facts Fannie Fargo field FierceWireless Finally finance Financial Finding FireRescue1 Forbes forex Forex Francisco Freddie Frequency Fundamentals gathering General Google Googleaposs Government Grants guide Health hiding Horizon horse Households Huawei Humala HYIPs Ignored Implements Improve includes Income Industry Information Insights insurance Insurance Intend Interest International internet Investing Investment investors invoices iPhone iPhones iriver istockAnalystcom Jewelries Keefe Kinds laptop Launched Lawyer Learn Learning leasing Legislators Little Loans LoansHow Loyal Maintain Major Manage Management Mangospring market Marketing MarketWatch Media MediaPad Method Miami Microsoftaposs Minister Minneapolis mobile Modification Money months Morning Mortgage Mortgages Motor Muktware music NASDAQ Native navigation Necessary Needs newest Ninemsn Obtain Obtained offer offering Offers Office Online opportunity Option Options Oracle Organization other Other Otterbox Ouattara Parties Payday Paydayland payments people perfect Personal Phases phone Phones places planet PlayBook Played PopHeraldcom Potential Precisely prepare preparing prepped prepping present Presenting press prices Pricing Prime Printable Procedures Proceeds Profit Property Proprietary prosecution protection pushes Quick quickly Radiators rates Rates reading reality Really RealTime Receive Recession Recommend reduce Refinance Regional release Repair Report reportedly Reputation Resources Restaurants retains Return Reuters reveals Reverse Reviewing Reviews Rewards rewiew robust rules Safeway Sales Savings school School scrap search Seasoned Secrets Selling seniority Sensible service Services Share Shareholder shock Should Slash smartphone smartphones Smartphones Social Solutions Sonyaposs Spaniards special Specialist Spending Squares Starbucks Stock Storage Story Strategy Success Suitable suits Survive Systems tablet tablets tackle teachers Technology Texas thebest There these Times Today Together Tools Totally Trade trading Trading transit Travel Tribune Truck Trusts TurboTax Tutorials Ultimate Unlimited Unsecured unveils urged Useful Using Utilizing various Vision Vogue Volkswagen Waddell Washington Watch Webalo websites Wells Where Whether While white Windows winning without Woods Wording World Worth Yahoo ZDNet

 
Your Ad Here