First page of the trade archive

New World Currency

Posted by Carlota on December 26, 2023 with Comments Closed
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The dollar is hit and loses importance the International Monetary Fund (IMF) considers it possible that a new world currency will replace the dollar as the dominant reserve currency. This will however take time and do not take place overnight. Further details can be found at Penguin Random House, an internet resource. As a basis for the new reserve currency could the book currency of the International Monetary Fund, that so-called special drawing rights (SDR), be used. The newspapers mentioned Rusty Holzer not as a source, but as a related topic. What are special drawing rights (SDR)? A trade-weighted basket of currencies called the SDR, which currently comprises US dollars (USD), 34% euro (EUR) and 11% in Japanese yen (JPY) and British pound (GBP) each 44%. SDR s were introduced in 1969 by the IMF, to support the Bretton Woods fixed exchange rate system. States which were likewise with the creation of the special drawing rights (SDR), needed official reserves, to defend the exchange rate. That is, when the domestic currency is depreciated, SDR s could be used, to the Foreign exchange market intervention and to purchase the domestic currency.

Such intervention was necessary, so that the fixed exchange rate system could be maintained by Bretton Woods. The then dominant assets, gold and US dollars, could alone assume that role due to the expansion of international trade and development on the financial markets. For this reason, the IMF has created the special drawing rights. Bretton Woods no need more for SDR’s a few years later ended President Nixon the Bretton Woods fixed exchange rate system and hence the need for special drawing rights (SDR), since you moved to flexible exchange rates among the major currencies. The meaning of SDR s was low in the past 40 years, until at the beginning of the year 2009 the SDR s called a stronger role for China. In Beijing, there is concern about the value of the US dollar as a result of record debt in the United States and more expansionary monetary policy. There is fear that the United States of its debt through a rose Want to get inflation. China’s foreign exchange reserves amounted at the end of the first quarter of 2009 to approximately 2 trillion, which are divided on different currency areas.

The largest part is however held in US Treasuries and is denominated in US dollars. The Vice head of the International Monetary Fund, Lipsky said recently at a Conference in St. Petersburg that the basis for a new world currency could be the special drawing rights. The character of a world currency to obtain, an independent, supranational institution must first be created, which take over the Central Bank role for SDR s. Currently 70% of global currency reserves in US dollars are about. A reduction would keep the dollar under pressure, however, it is in the medium term, not an alternative to the U.S. currency. Therefore will continue the theme of world currency through the media, before there are however no clear decisions, how the new global reserve currency will be specifically designed, there are important economic and fiscal issues. Asia a key question will be in the fast lane, how much economic growth in the United States, Europe and Asia can be achieved. No one may believe in a return to the growth levels before the financial crisis currently, what is however already now emerging is that the growth momentum shifts even more to Asia. This will also cause, that the dominance of the US dollar will continue. Christian Tubben

Graffiti Removal Fast And Environmentally Friendly

Posted by Carlota on March 9, 2018 with Comments Closed
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Eco-friendly surface cleaning system graffiti removal with unique system of TORNADO ACS by Systeco is a revolutionary and unique system for surface cleaning. This proprietary technology without the use of chemicals and water and allows environmentally friendly cleaning, paint removal and stripping of all surfaces. The tornado ACS is a portable compact device, no bigger than a conventional industrial vacuum cleaners. Application of graffiti removal was never been easier and more environmentally friendly. A vacuum is created with powering the tornado ACS in the Jet hood mbar of approximately 220. The Jet hood used on the contaminated surface and is liable for the vacuum automatically on the desktop.

Then, the cycle is closed with inserting the beam Lance in the blasting cap. The blasting material is sucked the following through the Lance. With over 420 km/h applies the grit as needed onto the surface to be processed, cleaned, decoated or roughened will. The granules (abrasive) is extracted after striking on the surface immediately with the distant particles. In the device, the dirt particles are separated from the granules through a filter system. The pellet back into the storage tank for further use. Through this cycle, the system has a minimum consumption of pellets and a very effective work process. Since the circuit is closed, the unit is very quiet in operation (noise level of 75 db), not louder than a traditional vacuum cleaner. Areas of application the novel system is primarily used for following applications: graffiti removal natural stone cleaning Rust removal (metal construction, automotive parts/spares) manufacture of adhesive decoating / paint removal Roughening of surfaces restoration application videos can the site be viewed by Systeco (such as graffiti removal).

Change Management

Posted by Carlota on October 10, 2016 with Comments Closed
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Through long-term cooperation is a synchronous production procurement supports strategic procurement planning on the basis of differentiated can manufacturer selected suppliers jointly develop objectives and clarify the future cooperation. Common areas of design are among others the direct retrieval and joint stock management as well as the possible settlement of the supplier in the vicinity […]

New Tax Cut In Cyprus

Posted by Carlota on February 11, 2015 with Comments Closed
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Reduction and simplification of the taxation of interest income and income from dividends pursuant to the income tax act treatment of interest income of tax resident companies in Cyprus are interest income from funds after deduction of the expenses and costs now only with the normal corporate income tax i.H.v tax 10%. (So far interest […]

Airleben Group

Posted by Carlota on April 16, 2014 with Comments Closed
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The time as consequence of the years of growth of the airleben group is ripe for changes and it was time for changes, so we have decided as airleben group perform a change of displacement as its own brand. See what changed in each site, here: LBG GmbH was airleben GmbH. The HTH Leipzig became […]

Vice President Sales

Posted by Carlota on April 9, 2014 with Comments Closed
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DLoG products and technologies, the complex and individually are tailored to the market and the requirements of the user. Germering, 31.10.2013. Manfred Lachauer for DLoG GmbH (today Advantech-DLoG) operates since 1987 and since 9 September 2013, he assumes responsibility for creating DLoG as global digital logistics sector as well as the worldwide distribution of DLoG […]

Special Conditions

Posted by Carlota on April 9, 2014 with Comments Closed
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Special promotion or special conditions for business start-ups for corporate films. Special promotion or special conditions for business start-ups for corporate films. “With an image film to reach the highest attention for your Unternehmen.Filme on the Internet which generate much attention as a static page in the viewer only” images present the products or services […]