Monthly Archive: November 2010

Consolidating Independence

It will be easier to consolidate their national independence when we can all work together. Only then will the developed countries look to the country to follow our advice as a great and worthy country which deserves a friendly and courteous. 25) evidently belongs to the people the constitution because it is the gift that the parents of the country have offered to its citizens. 26) the government knows the reason for the constitution and that those in charge of it know the guide that teaches the art of government. 27) if the constitution of a country which has arbitrary elements a benefit few, obviously that nation may succumb to the lack of harmony that produces the weight of its parts. On the other hand if the people form a constitution for their benefit, it is likely that also acted arbitrarily. Either of these two extremes is harmful.

The knowledge of the constitution by the people would force the leaders to form political philosophers, the only way diplomacy rather than anarchy would allow them to govern their people. Example: my brother who is one of the greatest exponents of reflection and analysis. Try by all possible means to convey the eloquence philosophical thinkers. Which prompts me twice to seek knowledge that leads me to new causes. 29) the laws of a foreign country will agree to it, when you choose our training their own laws. To Caesar what is Caesar’s. 30) when setting up educational institutions teach their students begin to feel the same love for the law as a result of this beautiful feeling, students learn to appreciate and respect the laws.

Populist Governmetns in South America

Both Ecuador and Bolivia have been the most unstable republics of South America and in both places there today populist governments raised them more durable regimes seeking to preserve the market while adapting to a populist and nationalist sentiment pro-Indian that is very stronger in a population (especially in the highlands), which starred in recent years major social protests. a Despite its socialist rhetoric Morales or Correa not want to pursue a path like the one Cuba ran half a century ago. The governments of La Paz and Quito are opposed to the strategy of expropriating private capital to create a socialized, planned economy governed by a single communist party. Both call for encouraging domestic enterprises to seek foreign investment and ensure a multiparty democracy.

What they want is to move from what they call the a neo-liberalism to give way to a capitalism with protective features, aimed to develop free trade agreements with the U.S. and seeking social measures to reduce the social gap that gigantic differences between rich and poor over the years novenas.a This model is challenged by several trade unionists for whom the a Bolivarian seek to demobilize and quell social protest to continue to maintain a Capitalism and prepare the conditions for the right to return to power , and also by the monetarists who see him as a leap that jaquea integration into the globalization and which could end up creating more debt and inflation. Correa and Morales are modeled Chavez of wanting to make the most marginalized sectors of their societies identify themselves with a state that will protect and improve their access to education, health and justice while avoiding a radical change, a social revolution or civil war.

Testing the Euro

It is estimated that the EUR / USD will test the resistance zone at 1.3600 during the day. EUR – The Euro continues its correction upward The euro rose over the past three trading sessions against the dollar. Yesterday was no exception, especially the optimism generated by the publication of the Purchasing Manager’s Index. This indicator along with the profits of the various stock markets benefited from the euro currency managed to advance against most currencies. The euro closed at $ 1.3376, compared with $ 1.3315 earlier. The EUR / JPY rose and reached 132.10, 131.35 compared to previous. On the other hand, the EUR / GBP 0.8945 reaching gained ground, with respect to previous 0.8890.

The euro has benefited recently, especially by the doubts that now generate haven currencies. Many investors began to invest in riskier assets, and the Euro Zone is estimated as an area benefit. That is why the euro and the pound are taken full advantage. It is estimated that during these days will be seen high volatility, as it looks forward to the ECB’s decision regarding interest rates. It is estimated that the ECB will be decided by a reduction of 25 basis points in interest rates, however, may also announce unconventional measures. If so, the ECB will take measures similar to those taken a few months ago by the Fed, especially with the purchase of government bonds. If the ECB does not implement a program might reasonably be that the euro is against the U.S.

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