Monday, May 24, 2010

Cheapest 4' Retaining Wall

is called list of "countries civets" Tribute to Envigadopor



is a new middle class will have access to the entire global financial portfolio. In the list are Indonesia, Vietnam, Egypt, Turkey and South Africa. Share a period of economic growth.


El Colombiano - May 24, 2010


"In three years, the economic power of emerging markets will surpass the developed world, as measured by parity purchasing power and this will lead to a new middle class will have access to the entire global financial portfolio. "
Says who is chief executive of Hong Kong and Shanghai Banking Corporation (HSBC), Michael Geoghegan, who is the CEO of this organization considerada una de las más grandes de servicios bancarios y financieros del mundo. Su frase se escuchó este fin de semana en la presentación de la estrategia del banco. Lo interesante es que entre esa nueva clase media está, nada más y nada menos, que Colombia. Es decir, las últimas señales de crecimiento económico y sostenibilidad ante la crisis del 2008 y 2009, comienzan a dar sus frutos. Además, es histórica porque por primera vez el país aparece en el plan de expansión empresarial de las grandes corporaciones financieras que buscan mercados.
Precisamente, estos países, según explica Geoghegan no son los llamados 'Bric' (Brazil, Russia, India and China), but nations that make their way onto the world stage thanks to its high growth rates, large populations and their voracious appetite for consumption of new brands.

According Geoghegan, are a class of countries sharing a stage of economic growth, changing patterns of wealth, changing trade routes and share a financial map: the 'Civet'. The term comes from an animal like the tiger that is found in many of these countries.
Besides Colombia, listed Indonesia, Vietnam, Egypt, Turkey and South Africa. These economies have a young and growing population, have diversified and dynamic economies, are both politically stable and expansive future, according to HSBC Direct high.

Why Colombia?

the country, analysts and the Bank of the Republic in 2011 would grow at a rate exceeding 3 percent expected this year, while inflation would be below 2 percent.

Gross Domestic Product (GDP) in Colombia recorded a tentative 0.4 percent expansion in 2009, down from 2.5 percent in 2008. The Bank of the Republic based his prediction on the confidence of consumers and producers, idle capacity and an expansionary monetary policy, low interest rates.

Recently, the Central Bank cut by 50 basis points, its main benchmark interest rate. Indeed, these strengths could lead the country to expand in various markets, including handle similar to the various powers.

China, for example, has become the second largest luxury goods market in the world, consuming 25 percent of items such as handbags Louis Vuitton and Rolls Royce. Emerging markets will change the way they do business.

Geoghegan asks: who needs fixed telephone lines in China, where more than three-quarters of a billion mobile subscribers are also present.

And Africa is the world leader in mobile phone transfers of money.
Nobel Prize economist, Joseph Stiglitz, once asked this question: "Asia has become the source of funding, the source of savings. Why not take this opportunity to create better functioning financial markets for the people of Asia?

Other nations in the "middle class"


Some countries, like Colombia, were included in the list of 'civet', they also share gains in recent years . Turkey, for example, has a strong private sector and increasing although the state still plays an important role in industry, banking, transport and communications. In recent years, the Turkish economy has expanded strongly, placing the growth rates of 8.9 percent and 7.4 percent.

South Africa has in the next World financial catapult (photo). Foreigners inject 13,000 million rand, about 1,770 million dollars, the South African economy, contributing to its growth. The government expects 373,000 visitors

and Egypt, although housing development has traditionally focused on upper-class home and building luxury homes and foreign investment in this sector has suffered a decline of 75 percent from 2005-2006, there are good prospects for the future.

Saturday, May 1, 2010

How To Disable Proxy For Cabal

Julio Aparicio



Julio Aparicio wrote this song in 2004 in Bogotá. It's a nice melody full of memories. The video features old photos of Envigado that add an indescribable nostalgia ... I personally drew tears from deep inside the heart. Thanks Julio for such a beautiful composition!