Archive for July, 2009
Fernandez and the AJA, the adventure continues
Eighth in Ligue 1 last season thanks to a late burst of exercise, the AJ Auxerre has long flirted with the relegation zone. An experience that do not wish to relive the residents of the Abbé-Deschamps in the next biennium. With a very few reworked but consolidated, the coach of the AJA, Jean Fernandez, in achieving a good season with his protégés.
The objective: the maintenance
Arriving in 2006 in the off-land Burgundy, Jean Fernandez is no exception to this local tradition. Thus, when loud and clear ambitions of his training for next season, former coach of Olympique de Marseille is modest: “I just wish that we better start this season, that we take a maximum of entry points to ensure the maintenance as soon as possible and why not aim a second time, a Top 10 “he said recently in a press conference. The new strong man of the AJA, Alain Dujon, is more ambitious and it is different from past habits. For him, a place “in the first third of the ranking would be satisfactory to them and is in fact the main objective of icaunais club next season. What does Guy Roux?
Recruitment: The calm
Summer is not currently very restless in Burgundy. Anxious to preserve, some approximately the same size as the previous year, Jean Fernandez is yet s’exaucer his wish. Frameworks such as Benoît Pedretti, Ireneusz Jelen and Olivier Sorin were extended, while the call option on the attacker Slovenian, Valter Birsa, was lifted. Desiring to strengthen the offensive of the AJA, little verve last season (17th in Ligue 1 attack), auxerrois leaders have obtained the signature of the former Monaco striker Alexandre Licata. At the same time, Thomas Kahlenberg has folded baggage to Germany’s outgoing champion, the VfL Wolfsburg. No notable changes, therefore, the symbol of the continuum leading auxerrois current staff.
The star: Ireneusz Jelen
By registering 14 goals in 26 matches in Ligue 1 last season, the Polish international, Ireneusz Jelen has greatly contributed to the revival of AJ Auxerre. A key element of the size of Jean Fernandez auxerrois that leaders did not let at the end of last season. These have set their hands in their pockets and offered a lucrative contract extension to their striker. Here is the Poles ready for a fourth season under the flag of AJA this time with the objective to include a minimum of 15 goals in the championship.
The player to follow: Alexandre Licata
Coveted by Manchester United for several months, Alexandre Licata finally gave its approval to the leaders icaunais early June. At the end of the contract on the Rock, the french striker, who last season achievements of seven, was engaged for a period of four seasons. Player with great potential, unfortunately, still too little used, and Licata try next season to silence the bad language and pass a stage in his young career. A wish shared by Jean Fernandez, who is counting on him to wake up an attack well Auxerroise bleak in the previous year.
Football.fr Rating: 3 / 6 Comfortably installed in the first half of the rankings in Ligue 1 last ten years, with the exception of the 2000/2001 season (13th) and 2007/2008 (15th), AJA cheek again modest, aimed above all the maintenance. With a workforce already equipped with automatic, since very little altered, Auxerre can reasonably claim a place in the Top 10 next season.
Atos Origin continues its annual targets despite crisis
The computer services company held its goals in the first half, with a stable operating margin compared to last year, to 4.6%, despite a slight drop in turnover. The SSII, since last November led by Thierry Breton, also maintains its outlook for the full year. A “reorganization” is underway to Atos a “truly integrated” able to find “a return comparable to the best in the industry.”
Atos how he behaved during the first six months of the year?
In a slowing market, the introduction earlier this year of our TOP plan to improve our operational performance has enabled us to meet our objectives. During the first half, we achieved an operating margin of 4.6%, in line with the same period last year, despite the crisis. This objective has been achieved despite the slight contraction of our turnover, which was limited, as we predicted, to 2.4% at constant scope and exchange rates. The business of Atos Origin is still supported, as our backlog is up 10% year on year to 2.9 billion euros. At the same time, we have significantly reduced our debt to 328 million euros against 514 million a year ago.
In the context of economic crisis, what are your performance in the main countries where you are present?
Direct consequence of the crisis we have faced in recent receivership of one of our major customers, the German distribution group Arcandor, which we do with 120 million annual turnover. As a precaution, we passed a provision of approximately EUR 14 million on this contract relating to invoices issued and outstanding. Without this exceptional provision, our operating performance trend in the first half is 5.1%, ahead of our goal. Outside of Germany, our performance was below the group average in the Netherlands and Spain. However, it was particularly strong in Britain, with a growth of over 6%. In France, our business has remained resilient with a decline limited to 1.9%.
So you hold your goals throughout the year?
We are comfortable with the goals that we set in February, a slight decrease in the annual turnover of around – 2 or – 3% and an improvement of 50 to 100 basis points our operating margin compared to last year, between 5.3% and 5.8% over 2009. In terms of business lines, we see growth of over 5% in data management and transactional services to Atos Worldline. As a result, the share of revenues recurring activities is now 70%, which allows us to have better visibility than some actors.
Do you anticipate a resumption of services market for 2010?
This is probably a little early to tell. For two or three semesters to come, I am still cautious, carefully observing the macroeconomic situation of countries where we operate, including the fragility of the situation.
Where are you in implementing your plan for improvement TOP?
The plan covers three years, so we’re only just beginning. It is a dynamic process and careful, which will change in depth the way we work. But it was important to the company quickly switched on and I was impressed by the responsiveness of the company. We received the first effects of this plan at the spring, while we expected more from the second half. We would never have achieved the financial performance we are announcing for the first half without the TOP plan.
Specifically, what has changed in the company?
Under a reorganization of the group, the executive team has been significantly strengthened and rejuvenated. Come and join the Group: Hervé Payan (ex Steria) in charge of consulting and sales, Francis Meston (ex-EDS) at the head of systems integration, Philippe Marein (ex-public service), in charge General Secretariat, Marc-Henri Desportes (former BNP-Paribas), in charge of innovation and strategy, Eric Grall (eg HP-EDS), responsible for facilities management. This new organization aims to Atos Origin – which was built by successive acquisitions – a truly integrated society now. Consider that there were exceptional expertise in certain countries that were totally unknown to the rest of the group! Everywhere, Atos Origin has very strong scientific and technical expertise. You should know the compile and make available to the whole group. It’s like this qu’Atos Origin will develop and regain profitability comparable to the best in the business.
How do you see the future of your business?
The sector is undergoing profound change, with breaks as the “low cost”, the further consolidation and tremendous opportunities: virtual communities, the “green” IT … A technological revolution is underway in particular around the “cloud computing” : software and computer processing capabilities can be accessed remotely via broadband networks, instead of being deployed by our customers. So, like water or electricity, services are not billed in advance for businesses, but according to what they consume. This transition, even if it takes ten, fifteen or twenty years, will be fundamental and will change all the parameters of classical economic model of service firms. From this point of view, Atos Origin has a major asset, a leader in this area, with its Atos Worldline division, which manages over 15 billion electronic transactions a year. It will be the main driver of the renewal of the company. Its activity was isolated, unrelated to other businesses of the group. It is now deeply integrate its expertise throughout the company. We aim to double the turnover of this trade by 2013, maintaining its operating margin in excess of 15%.
Will you strengthen your capacity offshore, particularly in India?
This is obviously a strategic priority, not only in India. The use of offshore is now much more developed in the United States and Europe – which is multilingual. We already have nearly 15% of our workforce in countries like India, Poland, Morocco and Argentina.
Do you foresee any acquisitions?
With the Board of Directors, we are ready to build the most successful targeted acquisitions if the right opportunities arise.
Atos is the subject of recurring takeover rumors. The company can remain independent?
Acknowledge, however, that these rumors are far less numerous than in the recent past! I would have no comment. All I can say is qu’Atos Origin has a size sufficient to respond to tenders, including in response to our major U.S. competitors. In each case, we can very well set up alliances with other actors to respond to a project that exceeds our only perimeter.
The crisis is behind it?
This is the return of sunny days: borrowing less expensive, lower prices stabilized, real estate seems to go. That earth, the crisis is behind it? It is true that the situation has improved since the beginning of the year, “said the columnist France Info. Real estate includes colors in the second half of 2008, sales had plummeted. Notaries in Paris Ile de France have announced that the lower volumes of transactions recorded in May – yes, it goes faster …- is 32% compared to 2008, against 40 % in April. This slight improvement is a sign of stabilization. The decrease atteintquand even 42% over the same 3 months of 2007. On the other hand, the Century 21 spoke of a decline of 28% of transactions in its network. Since the beginning of 2009, the decline has slowed significantly, between 15 and 20%. The situation has much improved …
Why is this better? Because we have gone from a situation in 2008 when prices remained high – just as interest rates – at a lower price, which is almost double digits with 9.3% on average over the whole of France in one year and lower interest rates. Today, we can find, if one has the right profile of fixed rate loans and 3.94% over 15 years at 4.05% over 20 years. Prices are more wise and loans have become cheaper. They are good ingredients for a resumption of the real estate market, say the columnists in the morning on the radio … that pose the real questions:
- Banks lend it more easily? Risky investments – Madoff et genre or the subprime – had a negative impact on the accounts of banks and financial institutions. Today, the banking system is turning more towards individuals, towards what we call the retail banking activities. However, the loans are part of it, those who are guarantors of maintaining the customer, at least the time to pay … So, lend to individuals enables banks to improve and ensure their turnover;
- The time to sell a property they are shortcuts or at least stabilized? They went from 90 days to 101 days on average. But we find that properties that have recently been put up for sale on the market – since early 2009 – will sell much faster than those placed on the market in 2008. Probably because they are at a market price and not to excessively high prices which were not the lessee;
- This movement will he continue in the second half of 2009? Everything will depend, a priori, the borrowing rate determined by the ECB, the European Central Bank. Depending on whether they remain stable, increasing or decreasing … If rates rise, this will be broken early resumption. Because high rates weaken buyers on low incomes, starting with the first-time buyers. And they are more expensive loans.
If rates remain unchanged or even more if they fall, the market for stone should continue to show signs of recovery. But even restart, it is not yet on the agenda. It will take a consolidation of the price per square foot to revive the real estate.
But that does not tell the commentators on the radio is that the flu which you also spoke on the antennas can reverse relapse and real estate, most probably a higher cost of money … But no, it was just to make you afraid. Happy holidays and look prices wherever you are!
PS: according to the Notaries, real estate in Ile-de-France in May 2009, improved volumes is consistent with an emphasis on lower prices. For the whole of the Ile de France, the decline over one year is 7.9% at the end of May 2009 (against -6.8% in April). It is always higher for houses (-10.1% in the region) than for apartments (-6.6% in the region) and more markedly in suburbs (-8.8% in the Crown and -8, 6% in the Little Crown) and Paris (-5.9%). For apartments, the decrease is 6.6%. It ranges from 6.0% to 7.9% in Paris in Essonne. For homes, the decline of 10.1% for the region ranges from 7.9% in the Yvelines
13.7% in the Hauts-de-Seine.
It may be noted that the quarterly price change is negative between February and May in all sectors and all types of property except in the Yvelines houses where the index is stable. These sales figures for the amount of which was determined earlier this year
show a strong price resistance in a very large decrease in transactions.
Montevideo, Uruguay-Will operate a Housing Rehabilitation Office in the Old Hill neighborhood.
This Office will aim to preserve the building stock, through the restoration, rehabilitation and reform of housing through loans, grants and technical assistance. It aims to improve the quality of life for residents of the area bounded by the streets Holland, Egypt, France, Turkey, Switzerland, J. Gurvich, Dr. M. Cibils Harretche path, so as to ensure their stay in the neighborhood. Operate similar offices in Old Town, Palermo, North Reus and Peñarol.
May be granted loan owners, beneficiaries, promisor buyers, tenants and owners of property inheritance rights for housing, with incomes between 30 and 100 units readjustable monthly and up to date with all the municipal taxes. The loans will be granted for a maximum of $ 78,000.
They may also be beneficiaries of loans to property owners in which case it is horizontal awarded a sum of $ 375,000 and may not exceed $ 50,000 per housing unit in the building. To apply for the loan must have the will of the majority required by the Act The average income of the joint owners must also rank among the 30 and 100 RU per household and at least 75% of the joint owners shall be to date with all the municipal taxes.
The loans will be repaid in local currency, at a maximum of 60 consecutive monthly premiums and indexed by CPI every 4 months, payable 30 days from receipt of the loan. A Revolving Fund will comply with the repayment of loans, which will be used to continue funding the program.
The works will conform to the memory from time to time agreed between the applicants and appointed municipal architect. In the homes of individual property, may include in reform of bathrooms and kitchens, waterproofing, repair of moisture, repair or replacement of floors, plaster or paint, minor recovery and / or structural consolidation, restoration of facades. In the case of horizontal properties, the fate of the loan will be improved and repair of common areas: walls, corridors, staircases, roofs, palliers, elevators, recovery and / or structural consolidation.
Together with the loan may be awarded grants for the cleanup, recovery, or painting walls. The rate of subsidy will have connection with the loan amount and will depend on the socio-economic situation of applicants and the assessment of the physical data architecture of the building.
The Office of Rehabilitation Town of Mt operate in Greece 3617. Registration will take place from 10 to 21 August 2009, Monday, Wednesday and Friday during the hours of 12 to 16. Reports can be called the Service of Land and Housing.
Loan lenders take advantage of elderly
There are lenders who offer mortgages for the elderly who have paid their housing. We offer loans to consolidate debt, to pay for medical expenses, paying for college for their grandchildren, to make repairs or remodeling, etc..
Such loans are very dangerous because it could ruin a family.
Some of these loans have a very high interest rate and fees and commissions to pay for life insurance, disability, intermediary or broker commissions, expense processing, etc.. All these items are incorporated into the loan.
There are occasions when the mortgage payment is known in English as “balloon payment” (pay inflated). This means that after a few years, the entire mortgage expires and must be large enough to make a payment.
These lenders offer to refinance the mortgage a few months after the signing, arguing that it is to make payments easier for elderly homeowners. The cycle is repeated with the same financing costs previously claimed. This can happen several times.
The result is that after all this process, which originally was to have a small mortgage, it becomes an exorbitant fee that reduces the wealth of the elderly. In some cases the elderly lose the house that already had paid.
India central bank says sees signs of accelerating inflation
The central bank of India said on Monday that there are signs that inflation could accelerate the end of the year because of hikes in the prices of raw materials, relaxation of monetary policy and expansionary fiscal measures.
In its quarterly economic review, the Reserve Bank of India said that food inflation is still high and erratic rainfall could exacerbate future, while the consumer price indices remain high.
The report was released a day before the agency issued its quarterly monetary policy decision, for which a majority of economists consulted by Reuters expect no change.
“Inflationary pressures could remain subdued if the prolonged global recession results in lower prices for raw materials, agriculture is not growing despite the delay in the monsoon accommodative monetary stance and return to normal levels,” the bank said in its report .
In the review of June, the central bank said that fiscal consolidation was necessary to return to the path of high economic growth.
The government plans an expansion of fiscal deficit to 6.8 per cent in 2009-2010, its highest level in 16 years, the project released earlier this month from 6.0 percent last year.
To finance the deficit, the Government announced a loan program record by 93,600 million dollars for this fiscal year.
The central bank said that a moderation in credit demand from the private sector has facilitated the takeover of the government program.
IMF austerity icy breath for countries in crisis
The continuing criticism of the IMF continues to accumulate to the extent that some agreements for the economic crisis bring heavy conditionalities. At the same time, emerging markets have agreed to put the money to fill the coffers of the Fund, but only with their own conditions.
Romania, the last East-European country need a package of IMF (see Bulletin 65, 64, 63), took a loan of nearly 13,000 million euros ($ 17,000 million) approved in early May 2009. The austerity package of Romania reduce spending by 1 percent of GDP per year in 2009 and 2010 and 1.5 percent in 2011. This is in addition to fiscal consolidation of 3 per cent of GDP in Romania had been standing before the IMF program. These reductions will eliminate the planned 5 per cent increase in wages, closing all existing vacancies in the public sector, leaving a 15 per cent of future public sector vacancies unfilled, and increasing taxes on certain types of fixed investments.
The letter of intent commits the government of Romania to safeguard the real incomes of / public sector workers with the lowest income, and invest 60 million euros in social protection, but this is small compared to expected cuts in the sector audience of 1,400 million euros.
Iceland, the first country to request assistance from the IMF after the financial crisis, has been unable to reach agreement with the IMF to release the next amount of loan money. The first revision of the package was originally agreed in February 2009 with a second review three months later. But by the end of June 2009, the first review had not been completed as the new center-left government has been in disagreement with the Fund and also to reduce the amount of public expenditure.
In late June 2009, presented his new government spending package to Parliament in an attempt to achieve some of the cuts last government had promised the IMF, hoping that the first review would be ready by July 2009. Included higher taxes on the added value of food, which could potentially affect people on low incomes, and the Icelandic Confederation of Labor expressed concern about the medium-term expenditure.
Another area of disagreement was the rate of interest. Immediately rose to 18 percent as part of the IMF package in November 2008, the central bank lowered the rate to 12 percent in early June. According to the report of the news from the Associated Press, “This happened just a week after the head of the IMF mission, Mark Flanagan Reikavik visit and said it was difficult to see that ‘the conditions were set to reduce rates interest ‘and that doing so could be risky for the Icelandic and the Kronos inflation targets. ”
There were also rumors that the package of IMF loans, had been a point of negotiation between Iceland, the United Kingdom and the Netherlands concerning compensation for depositors in British and Dutch bankrupt Icelandic bank. The Movement Voices of the People, which helped topple the government of Iceland right last year, began to organize protests against the settlement, with some of his blogers saying that the IMF and members of the European Union had been pressing the government on the package.
The first review of Lithuania was also delayed because the government had difficulties in responding to the demands of the IMF’s austerity package, including a 10 percent budget cut. When completed, the Minister for Health Ivars Eglitis, a former doctor and most powerful party leader in parliament, resigned saying he could not accept the cuts. Iraq’s new government is awaiting a loan from the IMF, with the news saying that seeks $ 5.500 million
.
¿Message of the IMF?
While some countries are going through difficult, others are receiving counseling to match the rhetoric of the IMF on fiscal policy (see Bulletin 65). In May 2009, Colombia became the third country approved to use the Flexible Line of Credit, a facility with a high level of access to resources without conditionalities, but only for countries that already have ’strong policies. ”
Something interesting is that in Tanzania and Mozambique were advised to implement a fiscal stimulus – and perhaps the first time that the Fund has recommended that low-income countries spend more. However, information on upcoming G24 policy states that 30 low-income countries may have sufficient foreign reserves to finance a fiscal stimulus of 3-5 percent of GDP and still leave more than 3 months of imports covered by cash. Of these, only three have been advised to spend more (India, also received this advice) to counter the global recession and job losses.
Bhumika Muchhala of the international NGO, Third World Network, said it was irresponsible of the G20 to give more money to the IMF without requiring changes in policy advice and conditionality of loans. “The G20’s decision to channel funds mainly through the IMF, rather than in a more diverse, it is a close mechanism through which developing countries may be subject the same pro-cyclical and contradictory policies that have contributed to create the crisis. ”
Martin Khor, director of the South Center, an intergovernmental organization of developing countries, too, regretted that the G20 would have strengthened the IMF: “Unfortunately the G20 did not insist on political reform of the IMF, and instead strengthened its resources. This may have been the greatest mistake of the summit. ”
The NGO Global Campaign for Education expressed particular concern about the impact on spending for education in low income countries. In an April 2009 report, said, “what the IMF has done since the global financial crisis is to show how little has changed in practice. SCIs (Low Income Countries – Low Income Countries) will benefit little from hundreds of billions of dollars announced in the G20. They may have access to some of the money, but if current trends continue, this money will come with conditions attached to actively undermine the investment in education. It is urgent to require that meets Dominique Strauss Kahn his word to make sure you have a full and comprehensive review of macroeconomic conditions imposed on the leaders SCIs to have real change. ”
A June 2009 document of the NGO Results, assessed the impact of IMF policies on expenditures on health in Kenya, Tanzania and Zambia and found that “the IMF programs in these countries had been unduly restrictive.” U.S. Congresswoman Maxine Waters expressed concern at a Congressional hearing on the sale of IMF gold, some of which are proposed to increase the sale of IMF lending to low-income countries. “The IMF may condition the assistance to developing countries with austerity measures, as it has in the past. Such measures will undoubtedly worsen the crisis instead of stimulating local economies and the global. I am also concerned that most but all assistance to low-income countries will be in the form of loans rather than grants. ”
Increase in IMF resources
Increased resources for the IMF of the G20 (see Bulletin 65) was coming to him just leaks. The G24 policy brief points out that few of the promises made in London or later, have resulted in the receipt of new resources from the IMF. Canada pledged $ 10,000 million and then the United States and United Kingdom, the closest in the amounts pledged $ 100,000 million and $ 15,000 million respectively.
The commitment of the United Kingdom from public funds will likely be approved without debate in Parliament, but in United States will have a full discussion. Commentators from both the Right and the Left had asked the Senate to vote against the provision of funds, the administration of President Barack Obama had changed to a defense spending. Mark Weisbrot, co-director of the group of thinkers in Washington, Center for Economic and Policy Research, noted that in view of the history of the IMF, “$ 108,000 million to the IMF without reform is a mistake, and one that Americans will come to regret it later. ” In the end the measure was approved, which depends on the administration and the end of the agreement with the IMF.
Bonds IMF
A large portion of the money promised to meet the commitments of the G20, will come from developing countries when they buy the first bond issue of the IMF. The IMF announced in early July 2009, issued $ 150,000 million SDR bonds, which are then sold only to members of the IMF. China already promised to buy $ 50,000 million, while India, Brazil, Russia and South Korea each pledged to buy $ 10,000 million. Developing countries demanded that their contributions were not made to the IMF through bilateral mechanisms, such as the New Loan Agreement (New Agreements to Borrow), and the mechanism of the IMF to access additional resources from donor countries, because the fiscal rules and budget in their countries, and because they want to hold the Fund to undertake the reform of government.
A commentator in India called it “money-game voice”, while in Eswar Prasad, a former staff member of the Fund and now a member of the group of thinkers at the Brookings Institution, said “the temporary increase in IMF resources bonds, rather than a direct expansion and permanent (New Loan Agreement), at least symbolically keep the pressure on Europe to support major reforms of government. “
Golden crown for this year, divided
Bank, which pays for maintaining an account! Bank inspired klienty.2Hlasovat Did Gold Crown for the best financial products in the total awarded in 18 separate categories, which is compared with similar domestic competitions matter entirely exceptional. After this page has the most Gold Crown position. This is due to the fact that financial products evaluated nearly 300 experts from various areas of the financial market and they represent at all possible so the team that is in our evaluation of such deals.
This year’s 7th Golden Crown competition was exceptional that it is attended by 213 products from 67 providers and was the best year of occupied throughout its history. Prices of the best in TOP HOTEL Prague 23rd June to the Finance Minister Eduard Janota, which this year took over the competition sponsor.
In the main category of New dominated won life insurance FLEXI Insurance Česká spořitelna. Second place occupied product PaySec Postal savings banks, and third place belongs to the mortgage site mortgage banks. After the accounts, which reigned in the past years, this was the most valued insurance product, and products using the Internet.
In the area of insurance collected awards primarily Kooperativa Insurance Company, which won the Golden Crown for innovative products with the compulsory liability insurance and insurance živelným stay in hospital for zdarmaa TREND products in the category of insurance for businesses. Furthermore, received two second places for the comprehensive motor insurance life insurance aza Global Perspective 6 BN. In the category of life insurance, which are traditionally the most occupied in the Gold Crown, won as well as news of FLEXIživotní Insurance Insurance Česká spořitelna.
Of the other measured the stable position among the best accounts held mKonto last year and this year a successful and popular mBank savings account ING Konto. Electronic banking has been and will again dominate eKonto Raiffeisenbank, originally a product of eBanka. In the second place in this year propracovalo Internet Banking mBank.
In building savings again last year as well as the jury delivered its most ATRAKTIV loans 3.7% pa Bohemian building society and now the second green loan Nízkáhyposplátka Raiffeisen building society. Third place belongs to this produktustavební spořitelna Wüstenrot Cooperative apartment. In the category of mortgages last year, the third variable mortgage Raiffeisenbank is this first. Other positions occupied New Web Mortgage Mortgage Flexible Mortgage Bank and Commercial Bank.
The loans given by experts to support the study of products, the first Educational Loan Postal Savings Bank and the second loan Gaudeamus Commercial Bank. Third place took Consolidation loans from GE Money Bank. In the category of payment cards as opposed to the tradition of the Golden Crown neodnesla bank, but the pension fund. It’s called the first card, you save on board succeeded AXA card same pension fund. The business accounts best led two newcomers, the first business eKonto Raiffeisenbank and the second account mBusiness mBank. Business loans control of two products, GE Money Bank – the highest award received credit for the promotion of renewable energy sources ECO-Energy and the next ended Renovations Plus product.
Unprecedented interest in voting in the Golden Crown apparent public. This year’s seventh year and surpassed the number of 126 030 voters all previous records. For example, last year the same votes 43 293 people attended. The record was the number of products for which people voted. This year there were 615, ie 75 more than last year.
The price this year has won the public internet banking GE Money Bank Internet Bank, take second place mKonto mBank, which won last year and third of the polls closed hyposplátka Low Raiffeisen building society. Award entrepreneurs have a new product this year, he won the Czech insurance comprehensive insurance program for the carrier, the second is a comprehensive business insurance NOE Plus insurance company Allianz and finished in third place last year the first insurance TREND Cooperativa.
Film stars and the big studios will cease to rely on the U.S. market
To get a contract in Hollywood? Nothing impossible for Europeans. Just fiddlestick: great project. “We guarantee that in Hollywood not find an exceptional scenario, which would not zfilmován,” said literary agent Frank Wuliger of losangeleské Gersh Agency during a panel discussion on cooperation with Hollywood, which took place in the context of the Karlovy Vary Film Festival. In Hollywood there is many people who are willing to fight for the client – if the loan project.
He just tremendous endurance and “capture the drápkem” as at least the entertainment industry lawyer said Peter Nichols, a constant call to the agencies need to be friends with the receptionist that you ultimately přepojila assistant to one of the agents. “You need insider who says agent: This scenario, you must read,” continued Wuliger. But even this does not mean that it is won: a week, the agents will land on the table and thirty film scenarios.
Agent Alexis García from WME Entertainment in Los Angeles, however, this model is considered obsolete and notes that can only work if you have really the show. “The ideal is when you do something, what people notice themselves,” García pointed out during an interview for the weekly Euro. Make a film, go round with festivals and invite people to its projection is still not the maximum that can penetrate to Hollywood to do. “In the short film is likely to nevyděláte much money, so it can not hide, but make it as much as possible, should be on YouTube,” García continued. Then it can happen that you notice agent and zpozorní: Damn, so many people saw it? This is amazing! And even if the film did not like him personally, he wants to sign his contract maker. “When the audience received a short film with such a response may do more of this version and we hope that they reap the same success,” says García.
However, one of the new trends in search of quality film material. For example, in Asian countries such as Japan, Korea or Hong Kong, is much more advanced level, the use of mobile phones, and works best for short content. “Also, there are already several companies that invest in just short of content creators,” explains García. While under the traditional model, make a lot of money to write a scenario in which screenwriter working year should be without, this would mean that will apply, and the producer hopes that the film ultimately zafunguje among the audience, which again may not, such companies are investing in making short films . Over time it is between them can find a good idea for a great movie. “This is great, especially when the meantime you can get maximum benefit from the short,” García considered.
In the East less
Have a great project is one thing, the second is the question of its financing. Independent filmmakers are often faced with frustrujícím wheel to Title XXII: no guaranteed funding neseženete good actor, without the quality acting cast neseženete funding. However, as pointed out in Carlsbad attorney Peter Nichols, the script or the actors deliver it sees an opportunity to show a new page of its acting people, “it is even possible that, áčková ‘actor to shoot a film for free and attract even more.” “About Two years have U.S. stars want to make films with new directors from India or Eastern Europe,” added García.
Hollywood is heading into new territory otherwise. While we were not yet accustomed to America rather remake foreign films, the situation is now turning a large study leave to the world of film remake American films to an international audience. For example, Fox International Productions currently shooting in Russia Russian film version of Tony Scott Man in fire (2004) and Mike Nichols enterprising girl (1988). “It’s logical: remake the local market is much less money, but only in Russia, such a film can earn from 60 to 70 million dollars,” explains García.
Film giants of Hollywood slowly cease to rely on the U.S. market. And it is not only due to financial crisis, money for films is apparently still enough. But will probably occur less those of uncertain kasovním success. The development of new distribution channels such as the possibility of movies on-line or download for home design, then get more opportunities as well as independent filmmakers, not only from America.
Interest in the growing consolidation loans
For two and a half years 112 thousand clients of GE Money Bank consolidated loans in the total amount of almost 20 billion crowns. Interest on the consolidation of recently re-growing.
Contextual links ETARGET
If you want a cheaper mortgage?
We will negotiate lower interest rates. Free handle all the formalities.
Self-plastic tanks
fiberglass tanks, septic tanks and reservoirs with a volume of 2-12m3. Establishment without concrete! 0Hlasovat Did people aim is to reduce the monthly payment, reduce the period of repayment, or to save on fees. Specifically, GE Money Bank provides loans for Consolidation loans in total outstanding value of from 30 to 300 thousand crowns without ensuring greater amounts to 1.5 million crowns can be obtained by securing the property.
Consolidation of loans leads to simplification and making payments. The bank for a client repays the loan and an existing client then receives a new loan, which may change the repayment period or amount of payments.
