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Archive for the ‘Economic’ Category

The euro rose above $ 1.40 in the days following the comments on inflation issued last Thursday by the European Central Bank President Jean-Claude Trichet.
But on Monday Moody’s downgraded the debt rating of Greece in three steps and kept under review for further possible reduction. On Friday, Fitch had fallen further to negative the rating outlook for the Spanish.
These advertisements carried the sovereign debt problems of some nations in the euro area back to the forefront, and made investors feel that while higher borrowing costs could be good for the single currency will not be good for nations have to borrow.
“The problem with operations driven by the outlook for interest rates and Trichet’s comments is that you have to look at what is behind it,” said John McCarthy, director monetary ING Capital Markets in New York.
A drop in oil prices earlier in the session prompted investors to cut long positions in Swiss francs. The dollar rose 1 percent against the Swiss franc CHF =.
EUR = EBS The euro fell 0.6 percent to $ 1.3888, extending a decline from a maximum of four months of $ 1.4036 hit on Monday.
The euro-zone countries are defining the measures to solve the debt crisis of the region in the European Union summit on 24 and 25 March.
Before that, they meet at a summit on Friday and any sign that European leaders have trouble reaching consensus on a bailout fund could lead to more profit taking in euros.
“We are looking construction on a bailout fund reform of the EU. If that is not made, we could see negativity in the euro in the short term,” said Carl Hammer, currency strategist at SEB in Stockholm.
LCOc1 Oil prices steadied on Tuesday after the Kuwait oil minister said OPEC is in talks to increase oil production.
Analysts said that sparked sales of Swiss francs.
The dollar rose 1 percent against the Swiss franc before retreating to 0.9343 francs on electronic trading platform EBS.
EURCHF = EBS The euro traded at 1.2972 francs, reaching a maximum of two weeks of 1.3041 francs on EBS.

The AFIP is a single tax regime which is contributory to the independent persons or companies. This is usually formed by a simplified scheme or statutory scheme.

Afip monotributo The simplified scheme is designed for small businesses and small taxpayers. People entering the simplified are those which we exceed a turnover of up to $ 72,000, for the subtracted this service. For the regime that sell a minimum of $ 144,000.

The AFIP monotributo includes a variable which is given by category of income of the contributor. This also includes the single tax quota for social work and retirement. This type of payment is absolutely essential and you should always keep up with these payments. Read the rest of this entry »

The result is a divorce between economic theory and embarrassing his subjects were.
The economic agent is supposed to be permanently in the rational pursuit of self interest. This is not a realistic model – a simple useful approximation. After that day – rational – the version of the dismal science, people from repeating their mistakes systematically disadvantage. Try to maximize their preferences. Altruism can be such a preference as to be. But many people are not rational or only nearly rational in certain situations. And the definition of “interest” which is the continuous satisfaction of preferences is a tautology. Theory does not sacrifice the important phenomena as the “strong force” – a tendency to “irrational” resources, and reward employees to punish freeloaders next predict. There is not even for the simpler forms of apparent altruism, such as reciprocal altruism (benevolent treatment in the hope of reciprocity for the account of motivation future).

Even faith and mainstream 1995 “Handbook of Experimental Economics” by John Hagel and Alvin Roth (eds.) admits that people do not behave as if the basic economic theories, such as the standard theory of expected utility and general equilibrium theory. Irritating to economists, people change their preferences mysteriously and irrationally. This is repeated “choice.” Moreover, people’s preferences, as demonstrated by their choices and options in carefully controlled experiments, are incompatible. They tend to lose control over their act or move, as they are more important (for example, more “weight”) in the now and in the near future in the distant future. This makes most people both irrational and unpredictable. Or can not design an experiment to test thoroughly and legally theorems and conjecture on the economy – something is very wrong or the intellectual pillars and models of the field. Neoclassical economics has failed on several fronts simultaneously. This failure has led many desperate and review principles of fundamental standards,

Consider this example of open questions:
Unlike other economic actors and agents, governments have a special status and special treatment in economic theory. Government is alternately cast as a saint, seeking to maximize the denial of social assistance – or as the villain, trying to perpetuate and increase its power ruthlessly, theories of choice by the public. Both views are caricatures of reality. Since governments are trying to perpetuate their power and increase it – but they do enrichment, in particular, the reallocation of income and infrequent. Economy until recently did not reflect on the importance of innovation for growth and development. Often discipline specific nature of knowledge industries (where the proceeds to increase rather than reduce the impact of the network path and ignored). Thus, current economic thinking is totally inadequate to deal with information monopolies (such as attempting to Microsoft), path dependence, and pervasive externalities.

Economic development is for the welfare of the people. How to explain economic development, but unemployment and poverty are still wandering in the middle of society? For Rostow (1960), economic development will be sustainable if the progress of industry and services supported by advanced agricultural sector, the largest absorber of employment. Poverty-related employment.
Rural poor people is greater than urban areas (Charts 1 and 2). The number and percentage of poor people in the period 1996-2009 fluctuated from year to year: Read the rest of this entry »

Business and financial information in Indonesia today is getting better from day to day, this can be seen from the development of businesses in all sectors began to walk and show progress, especially in the industrial sector and agriculture and trade. Trust the private sector to invest in Indonesia is quite encouraging. From some surveys by direct interviews to say that the potential owner of the business to reap the huge profits they could likely achieve in the next few months.

Financial information and salaries

Finance Minister Sri Mulyani in explanation of the draft Government Work Plan 2011 in Musrenbangnas 2010, Jakarta, Wednesday (28 / 4), promises to increase salaries and pension principal cities of civil servants (PNS), members of the military, and police, amounting to 10% in 2011 . This is a part of the basic policies of central government personnel expenditure in 2011.

“Shopping will no increase in staff salaries of civil servants, military, and police, as well as retirement,” said Sri.

Not only that, the increase in personnel expenses in 2011 also continued to accommodate the provision of salaries to the 13th and 13th of pension provision for pensioners

Enhancing  between the countries of Indonesia and China in various fields, especially business, is an interesting theme on the 60th anniversary of relations of China and Indonesia, which will take place next year. Will be many surprises that may happen at their meeting next year, considering the bilateral issues between the two countries are still numerous and complicated.

Huang Mengfu, Vice Chairman of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and Chairman of All China Federation of Industry & Commerce (ACFIC). Huang took 9 delegates, mostly business associations in China chairman. Read the rest of this entry »

Stockholders’ Equity is the difference between total assets and total liabilities, often called Heritage and also differs in content from one type of society to another, for purposes of this post will mention only the characteristics of the capital of corporations since this form of society is the most common in our environment.

The Equity is made up of various concepts that, in the balance sheet are shown separately, that is the basis of their origin or legal property:

1.  Social Capital. Integrated this concept by:

a) Authorized Capital. Is the maximum amount receivable from the members without changing the articles of incorporation.

b) Capital stock. It is the part of the authorized capital represented by shares that may or may not be paid.

c) Capital displayed. It’s part of the subscribed capital is paid.

2.  Other contributions of partners. Premiums on shares.

Are the premiums to the nominal value of shares paid to shareholders on new subscriptions. Also included in this concept, additional contributions partners make a shot to future capital, often called contributions for future capital increases. Read the rest of this entry »