Wednesday, November 26, 2008

Vicens's vote rejecting the amendment to the PP's Budget

The Parliament has rejected, with votes in favor of PSIB, Bloc and the Joint Group, including former MP of UM, Bartomeu Vicens, the amendment to the totality of the PP to the Government's Budget for 2009, some accounts amounting to 3558 million, 7 percent more than in 2008, and contemplating a debt of 662 million euros.

Also approved for the same votes (29 in favor and 28 against) and the absence of the PP's parliamentary and PSIB, Mabel Cabrer, and Maria Torres, respectively, the global accounts of the budgets of the CAIB and their autonomous entities, which reached the figure of 3,558 million euros.

In this way, approved the budget of 645 million euros of the public entities of the Government: 100, 5 million euros of public corporations of the CAIB, 71.3 million euros of the foundations of the CAIB; 1229 million euros of IB-Salut, 83.1 million euros of public entities dependent on the IB-Salut, 195.6 million euros from foundations run by the IB-Salut, and 15.8 million euros of the Tax Agency.

Spokesman for the PP in economic, Francesc Fiol, criticized that these public accounts, which will be adopted definitively the upcoming Dec. 17, after the discussion of amendments partial, "are not sensitive to the actual needs generated by the economic crisis on families and businesses, while also predicted that the expected income through the income tax and VAT does not reflect reality, which will generate a deficit that will rise to about 4%.

Fiol considered before the current economic situation, the Autonomous Executive should make an "effort" to "contain public spending and reduce current operations, so that it represents a saving of 102 million euros and, Furthermore, it proposed to reduce a 1.5 percent slice of personal income tax autonomy for the citizens of the islands "have in their pockets with 33 million euros, which will go to consumption and boost economic activity."

On the contrary, the Minister of Economy and Finance, Carles Manera, argued that these budgets represent a "factor of trust and an element of stability" to combat the economic crisis, already contemplating investments worth 732 million euros and a momentum of 2350 million for social policies (66 per cent of the total).

Similar terms are expressed to the senator's PSIB Josep Lluis Carretero, who remarked that these budgets are the "best tool" to tackle the economic crisis, and in this line, said that "probably are public accounts, whose approval is the largest ever in the Balearics. " It also accused the PP of having acted "irresponsibly trying to sell to the public interest to agreeing the Budget, when in reality, only seeks to confuse and create distrust."

For his part, the spokesman for the Bloc, Biel Barcel, stressed that these budgets will respond to the "needs to be generated" in times of crisis, both from families and businesses, so stressed that These accounts comply with the principles of financial prudence and efficiency in resource management. " However, wait for better financing autonomous, because, currently, the islands are "below average state" in terms of funding, although it is next to the Balearic Islands Madrid, the only one that brings to the Commonwealth Fund Suficiencia.

Finally, the leader of the Joint Josep Meli (UM) noted that these budgets meet the "needs of the islands," although they are considered "deficient" because it Baleares has a "limited room for maneuver" to address the economic crisis, as it depends on funding.

Wednesday, November 19, 2008

Control of lost pension savings of Russians

Pension savings of Russians are threatened: the first half of 2008, their profitability, including the portfolio of Vnesheconombank, which are pension funds Russia, was not just below inflation, and left in the negative.

It is lamentable result was obtained when the country is not yet covered by the financial crisis, notes the "Nezavisimaya Gazeta". The results of the second half promise to be much worse.

- The crisis wiped out the effect of public financing of pensions

With inflation in the first half to 8.8%, the average yield of all 63 pension portfolios, taking into account VEBa was minus 2.82%. The real purchasing power of pension savings of Russians have fallen for six months, more than 10%.

According to Interfax, the private UK have failed to worse performance VEBa example: the average non-state companies have shown a negative return of 2.89%, while the VEB ensure that a yield of 2.41%.

Better VEBa able to show results, only 4 out of 62 private UK: UK "Opening", UK "VIKA", "RN-Trust portfolio and conservative capital preservation UK" Trinfiko. " The maximum yield management company has given "Opening" - 3,55%, while the minimum - Troika Dialog, minus 10.56%.

The ratio between the funds concentrated in VEBe and in the portfolios of UK, remains unchanged: the share of private managers in total retirement savings allocated to the pension fund in trust, representing 3.4% - about 12.27 billion rubles While under the management of public UK concentrated 96,6% of the funds - 353.7 billion rubles.

Analysts believe disappointing results of the first half of a natural and expected, given the complex situation on the domestic stock market.

The State virtually guarantees a 100% return on investment, not exceed 12 000 rubles a year. However, there is no guarantee that the management company in the long run will be sufficient to effectively manage funds received from employees and state.

The crisis wiped out the effect of public financing of pensions

This year the expected negative returns for most management companies, including State VEB. Pension accumulations will lose much of their value, these losses could negate the entire effect of public financing.

The market is falling, and VEB, a portfolio which consists mainly of conservative securities - low, but at the same time, and the least risky securities - has the lowest loss - noted specialist information project Investfunds Natalia Belova. - Stock markets in the first half either fell or were at the scene, while inflation has risen. "

However, as an analyst, figures for the July-September, when the collapse occurred on the stock market will be much more devastating.

"Of course, in the light of the September collapse of the markets on profitability of the funds placed in the Management Company, will be much worse - believes analyst FC" Opening "Daniel Levchenko. - But how much worse - talk is premature ".

Wednesday, November 12, 2008

35 destinations between Mauritius and Europe

Air Mauritius has signed Friday a partnership agreement with the French company Air France allowing the Mauritian company to offer 35 new destinations in Europe via Paris, was a correspondent for AFP.
"The agreement we sign today provides a decisive impetus to the already exemplary cooperation between our two companies (...) Air France and Air Mauritius will be able to offer their customers an offer further expanded between the Indian Ocean and Europe, "said Jean-Cyril Spinetta, CEO of Air France-KLM, at the signing ceremony.
The general manager of Air Mauritius, Manoj Ujoodha, signed on behalf of the Mauritian company that agreement on an initial period of five years.
In terms of the agreement, "in addition to 24 destinations already served by clean, Air Mauritius is now able to offer its customers daily flights' spouses with Air France via the airport of Paris-Charles de Gaulle and" more than 35 new destinations in France, Great Britain, Spain, Germany, Russia, Austria and Italy, "said the spokesman of Air Mauritius, Donald E. Payen.
"This agreement will also accompany the development of tourism to Mauritius, the mainstay of the country's growth and strengthening its hub at the airport of Mauritius, at the heart of the Indian Ocean," said Manoj turn Ujoodha . AFP

Air France Landing

Air France Landing

Wednesday, November 5, 2008

The murder of the Jesuits in Moscow might have amorous overtones

Stolichny law enforcement authorities continue to investigate loud murder of two Catholic priests who head. At the crime scene revealed evidence showing that spicy motive atrocities.

At the moment police are searching for the killers who are most likely is a citizen of Cuba, studied at the University of Friendship of Peoples named Patrice Lumumba, said "Rosbalt", with reference to a source in law enforcement.

Meanwhile, loud murder accrete scandalous details. According to some reports, the crime could be committed during a homosexual .

Recall on Tuesday at 21:30 in Moscow rescue service approached the chief accountant of religious organizations Roman Catholic Church independent Russian region of the Society of Jesus, known as the Jesuit Order.

Clergy Pavel Subbotin said that decided to visit one of the apartments at Petrovka 19, as he had to urgently sign of the Otto Mesmera a number of financial instruments. Not far from the site of the killing are building one of the units GUVD and Prosecution.

Upon entering the apartment, the door which was unlocked, an accountant saw numerous traces of blood in one of the rooms is killed by Jesuit priests - 42-year-old citizen of Ecuador Victor Betancourt, and 47-year-Otto Mesmera.

As the examination, the death occurred two days ago, with men head unidentified heavy object. On the crime scene detectives seized a large souvenir mug and a number of other items that could serve as tools of murder.

Operativnikam almost immediately able to reach the suspect, because in recent months, Victor Betancourt has maintained a close relationship with him. Men hardly part with one another. However, Betancourt suddenly intimately came down with another member of Jesuit - Otto Mesmerom.

Trinity decided to clarify the relationship at a table in an apartment at Petrovka. Later at the crime scene detectives found four empty bottles from the liquor. In addition, examination of the scene makes very certain conclusions - apparently mirth gradually shifted in a very intimate relationship between men.

In particular, the crime scene were found two used condoms, writes the newspaper Kommersant, referring to the spokesman of the prosecutor's office with Investigation Committee of the Russian Federation Vladimir Markina.

What happened next - yet unknown. However, since Tuesday morning to all calls to the apartment to call the very Cuban fit the student and said that other people are sleeping and they did not want to wake up.

By the time the place visited by representatives of the Order, the young man had already fled.

"At the time of discovery of bodies in the apartment door had been opened - RF noted in the UPC. - Information that disappeared from the apartment no value, no." The investigation is considering all possible versions of what happened, including household, as in the room showed signs of feast, concluded in law enforcement.

Meanwhile, many circumstances of the crime contradictory and poorly stick to each other. Found witnesses who claimed they had seen on Monday, both from home at Petrovka fled drunk in the Hispanic white shirt, blood. There version and that Mesmer was killed on 25 October, because the next day on Sunday it was not at the Mass, said InoPressa.ru.

Betancourt's father returned to Moscow from Germany on Oct. 27 and will most likely was killed the same day. Some Russian media also reported that on the street Petrovka Ready four people and it was after the police , were found the bodies of those killed Jesuits.

In connection with the killing of priests prosecuted under paragraph "a" Part 2 st.105 Criminal Code (murder).

Father Otto (Mesmer), a citizen of Russia, was born 14 July, 1961 in Karaganda in the large family of German Catholics. Joined the Society of Jesus 1 Sept, 1982 in Vilnius. It was imposed in priests 29 May 1988.

In July 1988, after the end of Riga's highest Catholic theological seminary in the direction of Cardinal Julian Vayvodsa Mesmer came to serve Tselinograd (Astana), said NEWSru Israel. It was the rector of Novosibirsk Catholic . Since 2002, was the rector Independent Russian region of the Society of Jesus.

The independent Russian region of the Society of Jesus was officially registered by 21 June 1992. It belonged to Jesuits living in CIS countries (except the Baltic states).

Father Victor (Betancourt), a citizen of Ecuador, born on 7 July 1966. Joined the Society of Jesus 14 Sept., 1984. Studied in Argentina and Germany. A doctorate in Pontifical University in Rome.

Since 2001, worked in Russia. He was engaged in preparing candidates for the Society of Jesus, and in 2008 served as the representative of the founder at the Institute of Philosophy, Theology and History of St. Thomas in Moscow.

Both the priest, as noted by their brethren, have been active in the Church pastoral care of St. Louis in Moscow.