Tuesday, May 24, 2011

Zapatero to present a question of confidence in Congress

The PP has challenged today the Socialist government to file a motion of confidence in Congress to show whether you have the necessary support to continue ruling after poor election results obtained on Sunday.

"Because they have no public confidence would be the time for the PSOE show if you have the support to continue to govern with stability, "said the spokesman of the parliamentary group is popular, Soraya Saenz de Santamaria.

After the electoral debacle of the PSOE, the PP leader has opined that now would be the time to submit a question of confidence because people "have withdrawn their confidence" in the executive, said in a press conference when asked Congress the possibility that the PP promotes a motion of censure. "It's an unstable government that has no support, no project or plan of reforms," he assured the PP spokesman.

Monday, May 16, 2011

Age limit to enter Facebook

Facebook set to activate an account limit for having served 13 years.
This week it was revealed that more than 7.5 million children under 13 years participated actively in the network in 2010, of which 5 million did not reach 10 years.

At least 7.5 million children actively used Facebook in 2010 without having completed 13 years the minimum age required by the company to access its services, according to a study published this week by Consumer Reports in the U.S.

An estimated 20 million users of the network are smaller, 7.5 million do not have 13 years and over 5 million did not reach a decade of life.

Consumer Reports, which include all the details of its report at its June magazine, said there is a great lack in families on the practices of children in Facebook, giving them "malicious software or exposed to serious threats and child abusers ".

"Despite the age requirements of Facebook, many children who use it should not do," said Jeff Fox, director of Technology Consumer Reports."What is even more troubling is that through the study found that most parents of children 10 and younger seem to know a lot about how your children use the web page," said Fox

"The use of Facebook has privacy and security risks for children, their friends and families,"it says in the study that found that in 2010" more than 5 million households in the U.S. were exposed to some form of abuse,"he said.

Pakistani Taliban claimed the bombing of a Saudi diplomat in Karachi

Hassan al-Qahtani was killed Monday while driving to work at the Saudi consulate in the Pakistani city of Karachi.
Four people on two motorcycles fired at the official car.

The Government of Saudi Arabia has condemned the "criminal attack."

A Saudi diplomat was killed Monday in Karachi, southern Pakistan, an attack which was claimed by the Pakistani Taliban. The Government of Saudi Arabia has condemned the "criminal attack" and has announced it will open an investigation jointly with the Pakistani authorities.

In a statement quoted by state news agency, the Government of Riyadh diplomat said the deceased was a consular employee, named Hassan al-Qahtani, who was murdered while traveling to work." The diplomat died after a group of armed men attacked a car from the consulate of Saudi Arabia in Karachi, said the Saudi ambassador to Pakistan, Abdul Aziz al-Ghadeer. Apparently, the diplomat was driving his own car when "four people riding a motorcycle opened fire from two positions," police said.

While the U.S. does not put an end to attacks with unmanned aircraft will remain similar attacks This attack comes days after several people threw two hand grenades at the headquarters of the Saudi consulate in Karachi, although in that case there were no casualties. The terrorist organization Al Qaeda has vowed to avenge the recent death of its leader, Osama bin Laden, at the hands of a U.S. command in the territory of Pakistan.

A spokesman for the Pakistani Taliban have taken on behalf of the Islamic militia,"the responsibility "of the attack and said that" while the United States no longer pursue Al Qaeda and no end to the attacks with unmanned aircraft will having similar attacks."

Earlier, a spokesman, Ehsanullah Ehsan, had claimed that the Taliban had committed the attack, but had added that they supported "fully" the attack because,"like Pakistan, Saudi Arabia is a slave of the United States and indeed, is two steps ahead of Pakistan."

Saturday, May 14, 2011

Spanish economy

 Perspectives on the Spanish economy to be paid for the stock market
The European Commission forecasts for Spain, the corporate results of the day and the devaluation of the euro have led to India to lead the declines in European parks. The index closed with a fall of 1.25% to 10,356 integers. For the week has accumulated a loss of 2%.

The Stock Exchange has not received kindly Brussels forecasts to ensure that Spain will not meet the deficit targets and not grow as forecast by the government . Specifically, the Commission considers that Spanish GDP will grow 0.8% this year while the Government has ensured that growth would be 1.3%.

Oscar Moreno, an analyst at Renta 4, which also highlights the fact that "the IMF will put you in the spotlight brings you that we have a situation of the stock a bit complicated" . The analyst refers to the comparison that the International Monetary Fund has made ​​in Spain with regard to economies rescued, Portugal, Greece and Ireland.

Notices by the European Union have led to India to be the worst day of the European index. The Eurostoxx closed with a fall of 0.79%, London has made a 0.32%, Paris has fallen by 0.11% and Germany ended with a drop of 0.55%. On the side of the euro, the currency continues to lose weight against the dollar to stand at least for six weeks.

European falls have occurred following statements by the European Central Bank President Jean-Claude Trichet, who said that "democracies do not allow" rescue again on the bench.

The corporate results have not helped to improve the pace of the Stock Exchange during the day. Between the values ​​of India has highlighted the poor performance of techniques together (-3.19%) has presented worse results than expected and fall of Telefónica (-0.77%) whose results tamopoco have been well received by investors.

Oscar Moreno believes that "the results of Telefónica has been good at European level but still at the expense of a possible recovery in Spain, something that weighs on him every day" .

On the Technical side Reunidas this analyst believes that "the results have been neutral" and that the company has done much better than its main competitor in Italy. Despite this point investors have punished Technical Reunidas has been the value that has fallen from Ibex.

Spain will not meet its deficit targets

Spain fail to meet the objectives of reducing the public deficit set by the EU in the next two years, according to forecasts by the European Commission, which would require new spending cuts to government in the coming months.

According to Commission estimates, the deficit will be around 6.3% in 2011, up three points above the target and the promise of the Executive Zapata, and in 2012, 5.3%, almost one point more than the commitment Europe.

The Commission considers that Spain did not fulfill the duties of forecasts too optimistic on growth.

"We are more cautious than the Spanish authorities on domestic demand," said Ollie Rehi, European Commissioner for Economic Affairs, told a news conference.

The Finn admitted that the difference of the forecast is "relatively small" and would not "draw strong conclusions," but insisted that Spain must comply with European duties. Public spending cuts and reforms have allowed Spain, Rehn recalled, "separated from the three countries" in the euro zone rescue, Greece, Ireland and Portugal.

Community experts still believe that the Spanish economy will grow this year less than he expects the Government, 0.8%, and the next, 1.5%, in particular by rising oil prices and rates event which marked the European Central Bank. The Government argues that GDP will grow 1.3% this year and next, at 2.3%.

Spain will also have a stop over 20% in 2011 and 2012, the third consecutive year with this record.

60 million to power by obstructing competition

The National Competition Commission (CNC) has fined 60 million euros to the five major energy companies, Iberdrola, Endesa, Gas Natural Group, Hydro of Biscay and E. ON , for obstructing the change of free-market and have agreed prices.

The presiding body Luis Berenguer believes that electric grouped coordinated Unesa acted in the months prior to July 2008, when the sector was liberalized, to strengthen their market power.

The council accuses CNC electrical data have refused "to make it difficult for independent marketers access to customer data that the law provides, and coordinate among them cutting operations management applications changes in contract to seek offers its services on the open market.

In a statement, the agency also convinced that the power "would have agreed within Unesa , prices and other trading conditions for large customers when they left the market, "coinciding with the disappearance of the regulated rate for nearly three years.

Having noted the contents of the indictment, has advanced Unesa appeal the decision of the CNC to the courts.

This penalty is imposed after examining a dossier opened an investigation following the CNC began in June 2009 in response to a request from the Association of Independent Power Marketers (ACIE).