In Latin America the left often accused of being neo-liberal right. On the other hand, in the U.S. occurs inverse because conservatives tick the izquierdoides Democrats as Liberals. The homeland of liberalism is United Kingdom. There it was characterized by promoting free enterprise and the self-governments of their domains. Shortly after World War I the British Liberals were taken power for not having returned there never more. Add to your understanding with ClearSky Business.
They were trapped by a clamp between the conservative right and the emerging labour left. In the 1980s, when the labour party appeared very left-handed, Liberals won him to these social-democratic split and grew from the Center. As labour was moderating the Liberals fell and then recovered by locating to the left of Blair and Brown. To read more click here: UBS Group AG. Today the British Liberals ambitions to exit its ostracism attacking new labour look very similar to conservatism by invading Iraq, trim liberties, attack immigrants and represent to the monopolies.
The selective loses 10,000 points and the differential with the German bond exceeds 300 points. The fluctuations are due to the intervention of the CAM by the Bank of Spain and the lowering of the qualification of Moody s of Greek bonds to almost unpaid. The risk premium and the Ibex-35 have again lost their psychological barriers calls. The selective has fallen 1.92% from 10.059,30 points to the 9.886,20 and the differential with the German bond has climbed from the 293 Friday to the 326 basis points. After several sessions alzistas where came to reach 366 points on 18 July, the agreement for the Greek rescue relaxed the pressure last Friday, when it closed at 293 points. These fluctuations seem to be motivated by the intervention of the Bank of Spain to the box of the Mediterranean that same Friday and the decision on Monday by the Agency s Moody’s lowered the rating of Greek bonds on the verge of default. Day in the Park the Spanish stock market has begun the session with more than one hour late due to technical problems and the He did downward.
The decision of Moody s lower rating of Greek bonds in three levels, up to grade Ca from Caa1, sinking them until the lowest category of bonds trash and leaving them to a scale interval of non-payment, only served to discourage more investors. In addition, shortly before the close of European stock markets, Moody s announced that it is reviewing its note to eight Greek banks and warned that degradation is possible. The reduction of Moody s occurs once on Friday, another agency, Fitch make sure that the new programme of aid to Greece was a restricted default. The opening down on Wall Street in the absence of agreement in the United States to raise the ceiling of indebtedness of the country a week that limit is met only confirmed the trend of declines. In the absence of other news of relevance in Spain, since today is a holiday in almost the entire country, investors opted is for prudence and the collection of profits after several sessions upload and waiting for the battery of business results expected this week. In Europe, with the euro to 1.43 dollars, the main squares also recorded losses in a generalized manner, although minor Spanish, since Paris left 0.77%; London, 0.16% and Milan, 2.47%, while Frankfurt climbed 0.25%. Source of the news: the Ibex-35 and the risk premium on return to exceed the psychological barriers
Does the BBK group: for its part, the BBK group counts with a core Tier 1 capital? 8.8% (11.3% with provisions and other instruments). Banco Santander: has 8.4% (8.9%). Behind after the Bank that presides Emilio Botin would be box Spain-Caja Duero, which boasts a level of resources of the highest quality of the 7.3% (8.4% with provisions), in both EFFIBANK (formed by Cajastur and boxes of Cantabria and Extremadura), it has in 6.8% (8.3%). The solvency of Ibercaja stands at 6.7% (7.3% with provisions); that of La Caixa, at 6.4% (9.1%); of the Caixa Pollensa, at 6.2% (8%); and group BMN, at 6.1% (9.3%). Banco Sabadell, with a level of resources of the highest quality of 5.7% is situated below 6% (8% with provisions and other instruments); the Caixa Ontinyent, 5.6 % (7.2% with provisions); and Banca Civica, 5.6%, which would get 9.4% taking into account the provisions and other assets.
Financial Bank and savings account with a core capital of 5.4%, while taking into account the mattress of provisions, reaches 6.5%. For its part, Bankinter, Banco Popular and NovacaixGalicia reach a solvency of 5.3%. In the case of the Banco Popular, if taken into account the provisions and other instruments, this percentage rises to 7.4%, in the case of Bankinter, in the Galician box, to 6.5% and 6.8%. Pending after these entities are already solvency tests, which are CAM, Banco Pastor, Caja3, Unnim and CatalunyCaixa, since they get less than 5 per cent of resources of the highest quality which have been suspended. However, relying on provisions and other items, all these entities would outweigh above 5%. Source of the news: most creditworthy entities in Spain: Banca March, the Kutxa, Unicaja, BBVA, BBK and Santander.