Is Confucianism over ?

Huh, that's interesting, i haven't been writing on this blog for more than half-year, and crisis is still alive, as the economists. They are trying to define the fundament reasons caused this global turmoil. From Aghion, Acemoglu, through Allan Schick until those whose name i don't even know.

Caused by savings?

Now, there is a newly presented explanation about the global turbulence from the pen of Floyd Norris.

Norris suggest that we have to seek the explanatory variables in the circumstense of the chines behavior, their high savings ability and willingness could substantially way trigger what happend.

Their savings (it's about 2500 billion dollar per year) could boost the big consumption of U.S households.

What did saving-prone behavior cause?

With respect to Norris's oppinion, i have to ask something interesting, from where did these huge propensity to save come? Some analysts says, it's confucianism, and old habits. I don't think so, i believe that these cultural habit, and willingness was fed from other resources, and it's the victim of chinese economic system rather than confucianism. As we all know, the chinese-leadership is about to controll peoples' life, to filter out certain internet-circulation and so on, and last but not least, provide or not provide some common services, e.q. pension and health care system. In the absence of these mentioned system chinese people are forced to save an enormous part of their payment for latter time, when they will old, and have to care about themselves.

Albeit, obviously, these model can not be sustainable after these crisis, cause chines will have to chose between two alternative: 1. either continue saving-habit and lose theirs jobs 2. or they begin to consume in order to save chine's industry.

Online marketing in time of crisis

When with serious and anxious problems are coupled the international finance and business society, companies are looking for in a fiercy way to utilize their opportunity to rise the level of sales. The role of the Marketing is appreciating. At present, when almost the total numbers of firms and companies are presented on Internet - by the form of advertisings - the online marketing experten taken a leap and trying to fork out some useable methode to reach higher return on investments.

Nonprofit Search Engine Marketing Professional Organization (SEMPO) surveyed over 867 search engine advertisers and SEM agencies to get a picture of the state of the search engine marketing industry. The 2007 SEMPO State of the Market Survey shows that contrary to worries about the economy, search engine marketing budgets have risen even higher than projected.

That’s the findings SEMPO is releasing today at the Search Engine Strategies (SES) conference in New York. They found that things look rosy for the search engine marketing industry. The North American SEM industry grew from $9.4 billion in 2006 to $12.2 billion in 2007. That’s more than earlier projections of $11.5 billion in 2007. Forecasts for this year was that the industry would reach $25.2 billion by 2011. Again, the projection is up significantly - last year the projection was $18.6 billion.

Spending on search engine marketing in North American is now projected to grow to $25.2 billion in 2011, up significantly (over 6 billion) from the forecast a year ago which was $18.6 billion. As the story repeats - marketers are shifting their advertising from offline advertising to spending more on paid search.

This should be especially good news for Google (and Google shareholders), since it’s the only search engine in the top four to get a bigger share of the market. 97% of the marketers survey use Google AdWords. 70% utilize Yahoo Sponsored Search and less marketers use MSN and Ask.com than last year.

“Search marketing spending is increasing at the expense of print magazine advertising,website development and other marketing functions, as marketers essentially shift the portions of their spending pie, following consumers as they increasingly rely on search engines to conduct pre-purchase research.”

Some of the reasons for the growth is that more small and midsize business are going online and using paid search. Plus the cost of advertising is going up because of more competition. Right now 87.4% of advertisers in the survey use paid search. The part that most surprises me is that SEO accounts for just 10.5% of their total marketing spend.

Planing online marketing campaign for the future

1. Outline expected results To be cleared for all of You

• Drive incremental sales. Show how your online marketing plan will directly impact sales. Your outcomes are pretty straightforward if your marketing directly generates sales. Tactics may include Paid Search, search engine optimization, online media buying, and email marketing.
• Drive leads into the sales pipeline. Show how you will engage your online audience and generate interest and demand that results in generating a lead. Tactics may include Paid Search, search engine optimization, online media buying, and email marketing.
• Engage and convert more visitors.Show how you will engage more visitors and get them to respond to your offer. Small lift in conversion rates can easily multiply sales. Tactics may include web effectiveness and multivariate testing.
• Interact with your audience.Show how you will engage your audience where they spend time online today. Buzz and referrals can be powerful and result in customer evaluation and adoption. Tactics may include web analytics, multivariate testing, and social media.
• Building your brand. Show how exposing your brand will result in greater recognition and adoption resulting in greater engagement and ultimately sales. Granted, this is a longer term approach that requires more buy-in. Tactics may include paid search, online media buying, and social media.

2. Preparing and educating Executives for Core strategy

It is important to reinforce with the decision makers the following:

• Integrated plan with critical mass. Show how complementary tactics yield even better results. For example, how search marketing and online media combined yields higher returns when integrated successfully.
• Marketing needs to be supported through the entire funnel. If there are other dependencies to driving sales, ensure that those parts of the funnel are held accountable to their target conversion rates.
• Budgeting for analytics is critical to measuring and delivering expected outcomes. Without a unified measurement tool, showing expected outcomes will be challenging. Ensure you have an analytics platform that captures leading KPIs along with bottom-line conversions. For example, your web analytics platform should be able to tell you how a opt-in email marketing campaign directly impacts sales on the website.
• A testing budget that allows for new champions to surface. We recommend setting aside around 10% of your budget if possible to test new hypothesis and in some cases emerging tactics.

3. Build executive confidence in your online strategy with clear financial expectations and outcomes.

With an integrated, well thought-through strategy, and the measurement of analytics to determine the financial outcomes, you will build confidence in your executives and gain support to approve and execute your online marketing plan.

Short Run - Open Up Our Wine, or Whine ?

By this time, I would like to start a disguss about the kurzfristige that is to say in english short run outlooks in the European Union, in a wider range: the World Economy.

Economic forecast, financial turmoil, investment fonds

The European Commission has released its economic forecast which predicts the UK, Germany and Spain to enter into recession in 2008. The reasons are manifold, but primarily a slowdown in exports and consumer spending are to blame for the current situation.

Brussels revealed that the previously mentioned three countries were likely to enter into two consecutive quarters of negative growth, which is the technical definition of recession. It should be added that recessions are a part of the economic cycles and it is sustained negative growth that raises concerns in connection with a wider economic depression.

The 15-nation euro zone has shown a growth of 1.3%, which is significantly lower than the previous projection of 1.7%. The European Central Bank kept the interest rate at 4.25% in order to ease the inflationary pressure that national governments face. Euro-zone governments had predicted a 2% inflation which was later modified to 3.2%. However, it seems that de facto inflation is going to creep up to 3.6%.

Brussels said that the UK economy had not grown in the second quarter of 2008 and it was likely to contract by an annual rate of 0.2% in the next two quarters. This would set the annual growth of the UK economy back to 1.1% in 2008, which is much less than the previous prediction of 1.7%. The housing market slump and the volatile financial markets are the primary reasons discussed in relation with the causes of slowdown.

A Treasury spokesman was confident that with the employment level at record highs, interest rates that are historically low and a decade of rising incomes behind us, “the UK is well placed to deal with these challenges”. In connection with the fear of a stubborn inflation, Joaquin Almunia, the Economic and Monetary Affairs Commissioner, blamed the stumbling housing market, the struggling financial markets and the soaring commodity prices, such as food and oil.

The forecast of the Commission echoes the predictions of the Organization for Economic Cooperation and Development, which released its even grimmer projections earlier this week.

Let it shine

I wake up early morning for a loudest childsound came from the park in front of our home. I decided to gauge out "What the heck was that?". As I try to take a glance on those people who are out, I discovered an infant little boy, who wore only a dingy pants, not because He want to abandon himself to a healthy-sunbath.. He must be stems from a poor family, and when the dawn is coming, his parents send him to spend his day out. Prima childhood ?

His face, and life reminds me those african little boys, who haven't got the right social backgrounds too. If we take a view on Sudane (which is the biggest country in Africa) , and chiefly its Darfur region, we can see the desecrated and humiliated people walking in theirs refugee-camps. But we can find similarly poor and sad people, who are without any modern technology, any appropriate social benefits, which are organic parts of human beings.

As I surf on the internet, I forked out a link: One Laptop Per Child.

Im little bit contented, 'cause there are a lots of people on Earth who care about prostrates people throuout the World. One Laptop Per Child can be treated as a cliche nowdays, but its not true. When the globalisation process is heavily accelerated and we expected that its developements and new-opportunities will effects these regions... but the "trickle-down effects (stems from Stiglitz) doesn't working as we pre-expected. But, its not a question, If we want to help these people, we have to contribute their life with some very helpful and beneficial device. In present days, we communicate on the internet, pay checks and fulfil orders on it, and maybe, numerous of us able to work within the confines of a remote-home working possibility. Thus, i think, this enterprise is very notable nowdays, if we really want to make close ties with these people, and connect its life to the lastest carriage of our rapidly running globalisation-train.




Their statement: To create educational opportunities for the world's poorest children by providing each child with a rugged, low-cost, low-power, connected laptop with content and software designed for collaborative, joyful, self-empowered learning. Its good to be read, i was curious and take a leap to seek more information about the project and laptops.

Businessweek also released a column: "The nonprofit One Laptop per Child (OLPC), formed at the Massachusetts Institute of Technology by Nicholas Negroponte, is dedicated to creating a revolutionary child-sized laptop that will bring learning, information and communication to children where education is needed most: in developing countries. Governments purchase the laptop directly, and distribute them to their schools. The OLPC laptop was designed to be robust, tactile, and expressive at the same time. It is an iconic machine that was designed for children and challenging conditions. As such, its design ensures that it is resilient, easily portable and energy efficient."

Cheer, Cheer,

As i heard in the last movie i saw: Let it shine. (its from original soundtrack of Over Her Dead Body, oh, almost forget, Eva Longoria was great, and at last i could hear her voice, awesome man, i like girls with soft but womanish sexy voice)

Soros' book - changing in paradigm?

George Soros has written his new book about the economy crisis, its title: The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means. According to his words, United States have to face the most difficult economy decline since 1930. In addition, the U.S economy is threatened by a self-strengthening deteriortive turmoil.

Here are some lines from the book:

"The United States is facing both a recession and a flight from the dollar. The decline in housing prices, the weight of accumulated household debt, and the losses and uncertainties in the banking system threaten to push the economy into a self-reinforcing decline.

Measures to combat this threat increase the supply of dollars. At the same time, the flight from the dollar has set up inflationary pressures through higher energy, commodity, and food prices.
The European Central Bank, whose mission is to maintain price stability, is reluctant to lower interest rates.

This has created a discord between U.S. and E.U. monetary policy and put upward pressure on the euro. The euro has appreciated more than the renminbi, creating trade tension between Europe and China.

The renminbi can be expected to catch up with the euro both to avoid prote ctionism in the United States and increasingly in Europe, and to contain imported price inflation in China. This will, in turn, increase prices at Wal-Mart and put additional pressure on the already beleaguered U.S. consumer.

Unfortunately this administration shows no understanding of the predicament in which it finds itself."

Soros, the legendary financier, philanthropist based his crisis theory on his highly experienced business-view ability.

I haven't read this book yet, but i look forward to take it in my hands, and contemplate his words, because i have got stern doubt this could be cause the biggest recession. We mustn't forget that this situation, the present circumstances are not up to the same economy environment, banking characterism, global financial and pecuniary system than that time.

With all due defferenc to his speculative arguments, I want to read it before product a mindless standpoint.

Les Fleurs du Mal

By Les Fleurs du Mal We mean circumstances which contain decline, sluggish and pessimism sentiment from the side of global market investors, but in the time of bearish market, it does not mean that nobody has got any viable chances to wangle something to compensate loss, or make up backlog and post notable merit. As I said, in the time of bearish market, well, We have to adapt to the situation, especielly to the temporary market psychology with another strategy approach.

We have to play on short, we have to subdue the cognitive discordance in order to fully consider "the prices are decreasing, and things can be morphed into bad". Many of Investors suffer from inproper percipiation in connection with the market process, therefore they intend to hold their position until the apocalyps. But, some of them are able to recognize this belief can lead to Mal, thus they make decisions, and transform their portfolio in accordance with the opportunities.

But, it is good to be cautios, and not to run into speculative frenzy. Investors had better sell those securities, stocks which are not in close ties with staple consumer needs. In recession time investors can turn to the assets of public service sector. Which prices may begin increas.

We must consider that the global market liquidity is about to run out of the neccessitate volume. It was the factor which facilited the increasing of prices of stocks. The short position could be winning pose, but the perils are around the markets, and investors have to provide a mature deliberation with high diligence before make decision.

Stock eXmaschange is All Around Us

Let me take an opportunity and tell with highest solemnity Merry Christmas to all of you who doesn't read my posts, who doesn't feel any remorse in connection with its efforts in 2007 to achieve the goals. Pace mr. reader, I would like to wish an effective new year in 2008 to all of You, do not forget: the only notable and considerable thing is the impossible, we just have to do which is it.

China must be happy

There are some signs that show the EMU (European Monetary
Union) is not immune against the mortgage crisis, which was
spilling over from U.S.A. According to this recognition, the ECB
(European Central Bank)would help the pecuniary system with extra sources.

ECB said in a statement friday night, that it would pump extra
sources in order to achievebigger liquidity in financial system.
But, on the question: "How much excess sourceswill be pumped
in the system by ECB?" the ECBdid not mention. Thought, it signed the durationof this process is long period, it assumed the pumping method will keep until
the end of this year.

The new intervention is promised after the time when the hunger
of liquidity increased such an extent that the three-mounth U.S.A
interest rate had been raising to 5,04 percentage, it is hardly
impermissable when the prime rate is 4,5 percentage.

Torrid in Chine

China's economy has been soaring for years with its
double digit growth rate (approximately: 11,5%).
This increase is fuelled by infrastructure investments,
stock market, and the high level of capital inflow. Throw the
raising key rate requirement its bankin system has been
heightening bolster.

Do not forget, Chine has the biggest population

on Earth with its ~ 1,5 billion inhabitants.

According to the economists the theory, which is said: "Chine will be able to be exportoriented in the long run" is absurd, nonsens. It is particularly reflected in the building industry, where we can find a huge steel-starving effect, consequently Chine shows signs that by and by it has been morphing to importoriented.

The fetching growth rate can impuls a healthy and seren envy

among european countries, which are wrestling with problems of

its continental european welfare modell.

These circumstances have caused a higher level of throb of

european's economy hearth.

Where have Chine left its economy problems? - its owned by past.

Subprime mortgage crisis - End, and when?

According to the Federal Reserv chairman, Ben Bernanke, any early
deeming theory would be vain in connection with how acts the crisis
on investors' and customer's sentiment.

Bernanke added that the interest cut might continue, in turn, the
pecuniary fog hasn't been dissolved, and the stabilization of the market
is still waiting for itself. But he hinted that it may not get that much
worse and that investors and lenders may have learned from their
mistakes.

Bernanke also brushed off concerns about a weak dollar prompting
inflation. When David Malpass, chief economist at Bear Stearns,
asked Bernanke if he thought the value of the dollar impacts inflation,
Bernanke said he did not think a fixed exchange rate would be good
for the economy.

At last, here is an interest additional matter, mortgage originations will
fall next year to the lowest levels since 2000, forcing job losses for at
least 30,000 more home finance professionals, according to a forecast
released on Wednesday by the Mortgage Bankers.

Let me draw the conclusion: crisis doesn't end yet.

Another Bite to dust

However, the World's eye has been sticking to bourses,"we need some action out there" (felicity words by James Hetfield, Metallica), and have to take another view in out life, take for instance the scientific life. So far as i am concerned it would be better way than the contemplate of the juncture, with bothering, distressing and so on.
Do not forget Keynes' words: "everything will be ok in the longrun, first or last, but the problem is, we will die in the long run" - not too optimism, but if we take first section of his advice, we ought to turn to the academic life, and its newest achievments.

Human made by dust, ending by dust.

It would be the best title of this "column". Im just about to make up my mind about the achievement of the Max Planck Institute for Extraterrestrial Physics. Their newest research was published, in connection with dust, ionized plasma, DNA,and - beware, the following strings are gripping - life!

Noble, huh?
According to their statement, they had been mading a new simulation, and then, they were surprised. It showed, that the dust filled with electricity is able to sort and morph its structurein the - classical - DNA formation (double spiral). In so far in this form it is able to hold some information, and as we know, this is a characteristic of life. The key is in the variation of long and short period of spirals. The fact that: if we place motes into an ionized plasma, the mote will absorb plasma's electrons, absorb pozitive ions and evolve a shell around itself.

This evolved system can easily make a plasmacrystal, or DNA'sspiral structure, which is keeping information. This structures able to assign their genetic code to each other.
Countless people are doing exert theirselves to find out some evidence, which are proof that the life is an self-directing system.In a way, and explanation, a hurricane can be treated as like an living-organism.

I always know: there is more than meets the eye, and i am beset by many of pace of rascal dust, which eats, makes a crap, thinks,and searches and prepares to the endless battle, i am hopeful, but i will brace myself up, for the present i have to watch the trends of world market, and when the investors will have been peaceful, i consider this dust-mote and stuff.
[ For Those Who Never Calms: http://www.mpe.mpg.de/pke/index_e.html ]

This is not 1929

this is not 1929, yet.

During yesterday, all of notable banks made interveniation ibn order to pump money into the banksystem to maintain the proper liquidation (ECB, FED, JCB and so on..)

These news are bringing two different information: on the one hand, it suggests to the investors that the jitters in USA suprime mortgage market might spillover another countries, sectors,
and this situation claims fire service, which is can be treated as central bank's interveniation.
On the second hand, there is an positive view of this, in the case of ECB, in spite of targeting and following the inflation it could bolster the liquidation to ward off the spillovering juncture risks.

American FED had made interveniation similarly. There is a gripping moment, Ben Bernanke
said: the reason why 1929 happened was chiefly the contribution of the central bank to the
credit-bubble, the then cutting of the prime rate was a big mistake, cause it conducived to the easing liquidation.

The interveniation means that central banks were pumping lots of money into the system,
at this time approximately 94,8 billion euro were pumped by ECB. The carry traders were
just about to close their positions, it was caused by the distrustful situation. This is a self-impulsive process, because these closures could trigger some another closing sentiment.

In my firm belief this developing crisis will not be able to deteriorate the global financial climate. I represent it because i think perils of the developed market instruments are divided in wide range among the investors( CDO, CDS ), and through the multiple and very intricate relationships the negative effects can spread easily, that is to say risks predominantly are shifted to another sector by the banking sector, therefor i believe the banking sector is not endangered by any serious crisis.

Paypal in the e-air

Take a little view on the Paypal system which is called elegant financial intermediary between customers and buyers.

"lets have a party" said the parrot and leapt into the vent, if you want a party - take it imaginariously - take for instance want to buy a new spiffy pink samsung mobile on the e-bay for your red-hair little urchin girlfriend, you can use paypal system, and the reason why i offer it to you that its security, and safety of its money-transfer system. nice party, you ought not to pick up your phone, go to the shop and buzzin' with your car for a long time 'til you'll get it.

Paypal is available in more than 103 countries, it provides numerous payments method for your convenience.
- direct debit
- discoverer
- MasterCard
- AmEx
- Visa

On the back of, paypal is a prevailent opportunity on the E-bay, it is used by many people.

I'm lovin' it

I have been reading with a tough relish the book from John Perkins, Confessions of an Economic Hit Man. I find it very intresting, Perkins'
stories are amazing, he tried to show relentlessly the imagines of the
United States about the global empire.

He was in the tight vicious circle, he tried to obtain knowledge,
why he had to do this, and with what goals. Perkins has the clearly-
demonstrate ability, to illustrate the actions of the biggest multinational
enterprises about how will deploy their capability to reach objectives,
and broaden their sparking star in the global dimension.

Money money money, expansion by bid rigging, hazardous offering,
catchy promising, with fictitous explanations, overestimate figures,
and some complex oconometry... Panama, Saud Arabia, Ecuador and so on.
Good book, "i'm lovin' it"

The London Stock Exchange is one of the world’s oldest stock exchanges and can trace its history back more than 300 years. Starting life in the coffee houses of 17th century London, the Exchange quickly grew to become the City’s most important financial institution. Over the centuries following, the Exchange has consistently led the way in developing a strong, well-regulated stock market and today lies at the heart of the global financial community. We are proud of our long history that has helped to build our reputation today. Here are some of the milestones in the story of the London Stock Exchange.

1698
John Castaing begins to issue “at this Office in Jonathan’s Coffee-house” a list of stock and commodity prices called “The Course of the Exchange and other things”. It is the earliest evidence of organised trading in marketable securities in London.

1698
Stock dealers are expelled from the Royal Exchange for rowdiness and start to operate in the streets and coffee houses nearby, in particular in Jonathan’s Coffee House in Change Alley.

1720
The wave of speculative fever known as the “South Sea Bubble” bursts.

1748
Fire sweeps through Change Alley, destroying most of the coffee houses. They are subsequently rebuilt.

1761
A group of 150 stock brokers and jobbers form a club at Jonathan's to buy and sell shares.

1773
The brokers erect their own building in Sweeting’s Alley, with a dealing room on the ground floor and a coffee room above. Briefly known as “New Jonathan’s”, members soon change the name to “The Stock Exchange”.

1801
On 3 March, the business reopens under a formal membership subscription basis. On this date, the first regulated exchange comes into existence in London, and the modern Stock Exchange is born.

1802
The Exchange moves into a new building in Capel Court.

1812
The first codified rule book is created.

1836
The first regional exchanges open in Manchester and Liverpool.

1845
More speculative fever – this time “Railway mania” – sweeps the country.

1854
The Stock Exchange is rebuilt.

1876
A new Deed of Settlement for the Stock Exchange comes into force.

1914
The Great War means the Exchange market is closed from the end of July until the new year. The Stock Exchange Battalion of Royal Fusiliers is formed – 1,600 volunteered, 400 never returned.

1923
The Exchange receives its own Coat of Arms, with the motto “Dictum Meum Pactum” (My Word is My Bond).

1939
The start of World War Two. The Exchange is closed for 6 days and reopens on 7 September. The floor of the House closes for only one more day, in 1945 due to damage from a V2 rocket – trading then continues in the basement.

1972
Her Majesty the Queen opens the Exchange's new 26-storey office block with its 23,000sq ft trading floor.

1973
First female members admitted to the market. The 11 British and Irish regional exchanges amalgamate with the London exchange.

1986
Deregulation of the market, known as “Big Bang”:
Ownership of member firms by an outside corporation is allowed.
All firms become broker/dealers able to operate in a dual capacity.
Minimum scales of commission are abolished.
Individual members cease to have voting rights.
Trading moves from being conducted face-to-face on a market floor to being performed via computer and telephone from separate dealing rooms.
The Exchange becomes a private limited company under the Companies Act 1985.

1991
The governing Council of the Exchange is replaced with a Board of Directors drawn from the Exchange's executive, customer and user base. The trading name becomes “The London Stock Exchange”.

1995
We launch AIM – our international market for growing companies.

1997
SETS (Stock Exchange Electronic Trading Service) is launched to bring greater speed and efficiency to the market. The CREST settlement service is launched.

2000
We transfer our role as UK Listing Authority with HM Treasury to the Financial Services Authority (FSA). Shareholders vote to become a public limited company: London Stock Exchange plc.

2001
We list on our own Main Market in July. We begin our 200th anniversary celebrations.

2003
We create EDX London, a new international equity derivatives business, in partnership with OM Group. We acquire Proquote Limited, a new generation supplier of real-time market data and trading systems.

2004
We move to brand new headquarters in Paternoster Square, close to St Paul's Cathedral.

Road to the crisis ?

It seems a heightening juncture might evolve in the near future. If we take a view on asian region, we can find a big downturn, it can be treated as an embarrasment, i ascribe it to the numerous factors which arised after american economy data revealed and the ex-chairman Alan Greenspan made a statement with heady pessimism about outlooks of the asian stock exchange.

Take for instance the Shanghai Stock Exchange, the shares faced with pull back, and fell with 7 percentage, it was the biggest correction over 3 mounth on chinese SE.

Alan Greenspan and his power

Big downturn could arise in the near future on equity markets, namely the overestimated situation on present markets is unambiguously unsustainable – Alan Greenspan warned investors at a conference in Madrid. Due to this statement after the initially rising the most notable bourse indices of the World fell towards to the red range. Sanghai and the Sentsen Stock Exchange had opened with historic-peak, latter it closed day with minus 2 percentage.

Danger

The former chairman of the FED not by chance warned investors about chinese markets: by this time the CSI 300 index has been strengthening with 95,88 percantage, thus it becomes the best performing indice by far the best. There is a speciel interest part of the story. It seems, Greenspan outweights the chairman of the China’s Central Bank, and the reachest people, Li Ka Sing. Although the huge expactations about the correction, now it seems – albeit with lurching - the propensity to purchase is buoyant in the asian bourses.The shanghai composit Index could have posted the second biggest rising of the World with its 130,4 percantage, in this year it has been increased by 53 percantage by this time, meanwhile in the last year the venezuela’s indice fell back to the second position, and now became file closer. The expansion couples with certainly rising if the perils.

Double Jeopardy

Few days before the Securities and Exchange Commission called on the brokers firm of countries: according to the statement the risk of the chinese capital market’s instruments has doubled, this institution liables for the proper informing for the sake of investors.
After the record value 17 200 billion juan came together on the broker account owned by general public the Central Bank has been starting their warning mission for the problem. According to the experts the seething equity market could do with central intervention int he huge country.

Meanwhile Greenspan’s statement caused a selling streak over Chine’s and region’s bourse, spurts the born of its weakness, in Russian numerous factors contributed to the evolving of the correction measurement.

After Russia had refused the extradition of the ex KGB-agent charged with killing in connection with london-spy, thus the political tension were rising further between EU and Russia. The Russian capital market has worsened, because of the decline of the energy sector profits due to the downturn int he raw materials market. It could be a hard hit for the russian bourses.

NEW YORK MERCANTILE EXCHANGE (1882)

The New York Mercantile Exchange (NYMEX) is the world's largest physical commodity futures exchange, located in New York City. Its two principal divisions are the New York Mercantile Exchange and the New York Commodities Exchange (COMEX) which were once independent companies but are now merged. The New York Mercantile Exchange, Inc. is now traded publicly, as its parent company, NYMEX Holdings, Inc. became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX.



The New York Mercantile Exchange handles billions of dollars worth of energy products, metals, and other commodities being bought and sold on the trading floor and the overnight electronic trading computer systems. The prices quoted for transactions on the exchange are the basis for prices that people pay for throughout the world.

Commodity exchanges began in the middle of the 19th century, when businessmen began organizing market forums to make buying and selling of commodities easier. These marketplaces provided a place for buyers and sellers to set the quality, standards, and establish rules of business. By the late 1800s about 1,600 marketplaces had sprung up at ports and railroad stations. In 1872, a group of Manhattan dairy merchants got together and created the Butter and Cheese Exchange of New York. Soon, egg trade became part of the business conducted on the exchange and the name was modified to the Butter, Cheese, and Egg Exchange. In 1882, the name finally changed to the New York Mercantile Exchange when opening trade to dried fruits, canned goods, and poultry. As centralized warehouses were built into principal market centers such as New York and Chicago in the early 20th century, exchanges in smaller cities began to disappear giving more business to the exchanges such as the NYMEX in bigger cities. In 1933, the COMEX was established through the merger of four smaller exchanges; the National Metal Exchange, the Rubber Exchange of New York, the National Raw Silk Exchange, and the New York Hide Exchange. On August 3, 1994, the NYMEX and COMEX finally merged under the NYMEX. Now, the NYMEX operates in a state of the art trading facility and office building with two trading floors in the World Financial Center in downtown Manhattan.

The commodities are in trading:
- Crued Oil
- Aluminium
- Copper
- Coal
- Electricity
- Gasoline
- Gold
- Heating oil
- Platinum
- Silver eg.

Joint together

The Dutch ABN and the British Barclays announced their fusion, thus it will be the greatest bank-fusion of the whole European bank history.

In the course of the merger the biggest one bank will born in the World. The value of the deal is approximately $ 95 billion.

After the merger, the bank-giant will have 47 million client, as well as 27 million issued bank card, and the number of the its employees will 217 000. The Barclays deals in 50 countries, the ABN amro in 53.

The new bankname is: Barclay Plc, and the place of the business will be in Amsterdam.

FRANKFURT STOCK EXCHANGE

The origins of the Frankfurt Stock Exchange go back to the 9th century and a free letter by Emperor Louis the German to hold free trade fairs. By the 16th century Frankfurt developed into a wealthy and busy city with an economy based on trade and financial services.

In 1585 a bourse was established to set up fixed currency exchange rates. During the following centuries Frankfurt developed into one of the world's first stock exchanges - next to London and Paris. Bankers like Mayer Amschel Rothschild and Max Warburg had substantial influence in Frankfurt's financial trade.

In 1874 Frankfurt Stock Exchange moved into its new building at Börsenplatz.
It was only in 1949 after World War II that the Frankfurt Stock Exchange finally established as the leading stock exchange in Germany with consequently incoming national and international investments.

During the 1990s the Frankfurt Stock Exchange was also bourse for the Neuer Markt (German for New Market) as part of the world wide dot-com boom.
In 1993 the Frankfurter Wertpapierbörse (Frankfurt Stock Exchange) became Deutsche Börse AG, operating businesses for the exchange.

From the early 1960s onwards the Frankfurt Stock Exchange took advantage of the close by Bundesbank which effectively decided on financial policies in Europe until the introduction of the Euro in 2002. Since then the exchange profits from the presence of the European Central Bank in Frankfurt am Main.

In 2002 and 2004 Deutsche Börse was in advanced negotiations to take over London Stock Exchange, which were broken off twice.

Today, with a total turnover of 5.2 Trillion € per year the Frankfurt Stock Exchange strengthens its position as the world's 3rd largest trade-place for stocks and the world's 6th largest by market capitalization.

Major listed companies in Frankfurt Stock Exchange
• Adidas
• Allianz
• BMW
• GPC Biotech
• SAP AG
• Daimler Chrysler
• IKB Deutsche Industri Bank
• C and C
• TSS Group
• Hannover Re

Stock exchanges will continue...