Six months to assess the financial system – La Estrella de Panama

A committee of national and foreign experts appointed by the President Juan Carlos Varela will analyze the disputed practices of the financial sector.

Experts constituent were presented this Friday during the signing of the executive order that makes it a recommendation of the President and vice President Isabel de Saint Malo.

the committee will have a maximum period of six months to present the findings and propose measures to strengthen transparency of financial and legal systems.

Juan Carlos Varela president of the republic

the creation of expert group was announced by President Varela earlier this month, following the international scandal over the leak of files Panamanian law firm Mossack Fonseca, which highlighted a number of irregularities committed by locally registered companies.

‘More than a difficulty, this represents an opportunity to show the world our financial system and the robustness of our economy, “stressed Varela during the formal ceremony.

the seven members of the group were present along with representatives of the diplomatic corps accredited in Panama and representatives of unions and civil society organizations

the main functions of this group will revise policies, laws and international treaties.; assess the effectiveness of recent reforms sectror and identify vulnerabilities in the platform of international services.

Specialists will meet at least once a month either personally or by electronic means and will not receive financial remuneration but the expenses incurred by the mission that they are responsible will be covered by the state.

Before signing the executive order that gave way, the Committee met with President Varela, who pledged to respect its recommendations.

Joseph Stiglitz (United States). Economist and Nobel laureate in economics.

‘The installation of this committee, we do in fulfilling our duty as a nation to move forward for transparency and strengthening our platform logistical and financial, to avoid that it can be used for illegal purposes or for purposes that do not represent the common good ‘services said President Varela.

and reiterated that the irregu ties identified after leaks documents Mossack Fonseca are a global problem, because worldwide there are those who take advantage of legal financial structures, which may be vulnerable, for illicit purposes.

the Minister of Economy and Finance, Dulcidio of guard said that Panama will continue with the negotiation of bilateral agreements for the exchange of tax information. However, President Varela did not rule out ‘in the future’ can also be negotiated multilateral agreements on automatic exchange of tax information, as required by the Organisation for Economic Co-operation and Development (OECD).

“Right now we believe that we must be responsible and consistent with international commitments we make to be able to be able to fulfill them,” he said to justify why Panama does not sign multilateral agreements and recognized the need to strengthen the DGI.

They will evaluate practices of the financial system in Panama – Radio Havana Cuba

Havana, April 30 (RHC) As part of efforts to try to reverse the country’s image after the papers Panama, the government installed Saturday an Independent Committee of National and International Experts to evaluate the practices of the national financial system .

Panamanian President Juan Carlos Varela, said in the act of constitution, that this group is part of duty to “move forward in favor of transparency and strengthening our platform logistics and financial in order to avoid that it can be used for illegal purposes or for purposes that do not represent the common good “.

He listed some characteristics and conditions that contribute to the economic growth of the nation as its geographical position, respect for law and foreign investment and service platform

so that success “it does not depend on irregular flows of money into our financial system, but the hard work of Panamanians. a noble people and peace-loving, that despite being a small country in size and population, has gained an important place in the concert of nations space, “he said.

to assist institutions in their policies against international tax evasion and strengthening the country as a global financial center with the best practices of transparency, will function composed of national and foreign experts, led by Nobel American Joseph Stiglitz Economics group.

main functions will be to review the current legal framework, including policies, laws and international treaties, assess the effectiveness of recent reforms and identify vulnerabilities in the international service platform

Other personalities that make it up are:. Mark Pieth teacher Criminal law and Criminology at the University of Basel, Switzerland and Costa Rican Roberto Artavia exrector of the Business School INCAE Business School.

from Panama are Nicolas Ardito Barletta president of the Republic, Gisela Alvarez former Minister of trade and Industry, Alberto Aleman exadministrador Panama Canal and Domingo Latorraca managing partner of Deloitte.

Coupled with this, the country is negotiating agreements for bilateral information exchange with Japan and Colombia, renegotiates the established with France and the United States signed the intergovernmental agreement for the implementation of the Law on Foreign Tax Compliance (FATCA, for its acronym in English). (PL)

GDP growth has surprise at the beginning of the year – El Universal

[email protected]

The Mexican economy surprised the specialists with higher growth than expected in the first quarter of the year, driven by strong services sector and increased domestic demand, according to preliminary figures from INEGI.

from adjusted figures seasonally, the country’s GDP grew 0.8% in the first quarter compared to previous quarter, bringing the annual rate reached 2.9%, the highest rate since the second quarter of 2014, according to the estimate Timely Quarterly GDP.

the annual growth exceeded 2.3% expected by specialists and 2.5% reported at the end of 2015. this result helped the dynamism of the services sector.

the private consumption and the services sector are activities that are pulling more to the economy. They are the main engine and is not a story of this year, is a history of recent quarters, said Adrian Muniz, economic analyst at Vector.

The tertiary sector (trade, transport and all financial services and professional) registered a quarterly increase of 0.8%, bringing the annual rate reached 3.7%. Since the first quarter of 2015 the annual growth of the service sector remains above the national average.

secondary activities (mining, manufacturing and construction) recorded a quarterly increase of 1.5%, higher than 0.2% reported last quarter of 2015 the annual rate stood at 2.2%, the highest figure since the fourth quarter of 2014.

the secondary sector grew better than the tertiary. Apart from that, the industrial sector is strong downside risks on the side of mining, with declining oil production, and on the side of the manufacturing due to lower demand from abroad, said Muniz.

in the construction sector the outlook is not positive, especially in a context where cutting public spending comes, many of these resources would be allocated to public investment are going to move payment providers Pemex or are to be deleted, added the specialist.

the primary activities grew 1.2% over the previous quarter, bringing the annual rate reached 3.0%.

the results better than expected imply a potential upside to our forecast of GDP growth for 2016 of 2.1%, said Eduardo Gonzalez, an analyst with Banamex.

But a key factor in the coming quarters is the world’s growth, particularly the US, to which González expected to remain weak in 2016.

Installed Expert Committee, composed of Joseph Stiglitz – LaRepública.pe

 Agencies. With a brief ceremony, President Juan Carlos Varela set up the committee of international experts to assess the financial system and Panamanian prosecutor, after untie the worldwide scandal that produced the leak of documents to the law firm Mossack Fonseca.

 

 It shall consist of the Nobel economist Joseph Stiglitz, and Mark Pieth, the Basel Institute for Governance. Among Panamanians is Nicolas Ardito Barletta, former president of Panama.

Stiglitz Committee initiated the reform of the Panamanian financial system – Yahoo Finance Spain

The government of Panama installed Friday an expert committee composed of Nobel economist Joseph Stiglitz to bring its financial system transparency standards required by the OECD, after the scandal of the roles of Panama.

This committee will be responsible “to assess the current practices of our financial services center and propose measures to share with other countries to strengthen transparency of financial and legal global systems, “said the president of Panama, Juan Carlos Varela.

according to the president, the problem of tax evasion” is a global problem, not just Panama “he said after signing an executive order for the creation of the Independent Committee of Experts for the Center for Financial Services and Corporate Panama.

This committee is headed by Stiglitz, an economist and professor who won the Nobel Prize in 2001 and known for his criticism of the model of globalization led by US and some international economic institutions

in addition, so make Mark Pieth, the Basel Institute for Governance.; . And Roberto Artavia, board member and ex-rector of INCAE Business School

For Panama, the group consists Nicolas Ardito Barletta, former president of the country and former vice president of the World Bank; Alberto Aleman Zubieta, Panama Canal exadministrador; Gisela Alvarez, former Minister of Commerce; and Domingo Latorraca, an expert on financial models.

This committee should now propose a maximum period of eight months possible reforms to the Panamanian financial center according to the demands of the Organisation for Economic Co-operation and Development (OECD ).

the financial system of Panama has received strong criticism after the scandal of the roles of Panama, some leaks that revealed the use of a Panamanian signed by personalities from around the world to create opaque societies, allegedly for evade taxes.

These publications prompted France to include back to Panama on a list of tax havens, while countries of the largest economies in the world, grouped in the G20, called to punish countries that do not cooperate in the fight against tax evasion.

in addition, leaders of the OECD accused Panama of being permissive with tax evasion for failing to exchange financial information automatically.

Panama started effect in January a series of reforms to eliminate the use of bearer shares and prevent tax evasion, but the lack of speed to lift banking secrecy and the automatic exchange of information has led to remain in the spotlight.

for now, Panama defends the bilateral exchange of information and not multilateral, because it ensures not prepared for it.

Varela asked the Committee helps to “pave the way for Panama to participate actively and lead the efforts of the international community to build a new global financeria architecture. ”

2.9% increases the Mexican economy in the first quarter – proceso.com.mx

MEXICO CITY (approved) .- With everything against -exports not rise, international volatility and a US economy that repunta-, the Mexican economy showed in the first quarter performed better than expected.

This Friday the National Institute of Statistics and Geography (INEGI) reported timely estimate of Gross Domestic Product in the first three months of 2016, which recorded an annual increase in economic activity of 2.9% compared the same period in 2015, already seasonally and calendar effects.

and with figures seasonally adjusted also, the quarterly GDP rose 0.8% from the previous quarter (October to December last year), which in terms annualized imply a growth close to 3.2%.

with all data are preliminary and definitive -the will be announced on May 20 próximo-, it is relevant that performance of the economy, since in the first quarter, unlike the first quarter of the previous year there were fewer working days, Easter and bridge the birthday of Benito Juarez.

And so, in the midst of a difficult external environment by uncertainty in the international economy, the weakness of the US economy and the slowdown in the economies of Latin America.

Before the data released today INEGI, analysts, mostly, they were surprised. For some it was the best quarter in six years so far. Others recognized that their expectations were well below the observed data.

For example, analysts of Banamex-Citigroup Group admitted that “economic activity had an encouraging performance during the first quarter, accelerating GDP rate of quarterly and annual growth. “

Signed by Eduardo Gonzalez, analysis of Banamex says:” for the first time in a long time, better than expected imply upside risks to our results recently revised forecast of GDP growth for 2016 of 2.1%. “

also, says Banamex,” considering the original series (without adjustment), GDP increased 2.7% over the same quarter of 2015, 2.5% above the prior year quarter, and higher than our estimate (2.1%) and expected by the consensus (2.4% in the Bloomberg survey) “.

“The services sector was the most dynamic in the first quarter, increasing 3.7% annually, followed by the primary sector (3.0%) and the weak advance of industry (0.7%). “

However, Banamex warns:” it should be noted that the data of today’s report are preliminary and may differ from the figures of the traditional quarterly GDP report, which will be published on may 20 “

on the other hand, the Secretariat of Finance and Public credit (SHCP) gave his own explanation for the better performance of the Mexican economy in the first quarter.

Luis Madrazo, head of the Unit economic Planning of the Ministry of finance, said in press conference -to publicize the report on public finances and debt corresponding to the first trimester was the domestic market which boosted economic activity in the first three months of the year.

“Indeed, we see a very weak external environment, exemplified by the growth data in the US economy that were released, an annualized growth of 0.5% in the first quarter,” he said.

The annual growth of 2.9% reported by the INEGI said, “he speaks of a balance between the primary activities, secondary and tertiary activities activities; the annual growth is 3% for primary activities; 2.2% for secondary activities, which mainly include industrial production and construction, and tertiary activities are those with the best performance, which prominently include the services sector. “

” Then she added , what we see in these data is a combination of pattern we have seen in recent quarters, where the determinants of consumption give strength to domestic consumption, the internal performance of the economy and with particular strength in the service sector. “

Carl Icahn, the billionaire who turned his back to Apple selling all its shares in the company – BBC World

Image copyright Getty

Image caption Shark or investor-activist? In any case, bad news for Apple.

“Some become rich studying artificial intelligence. I make money studying human stupidity”.

So as defined in your Twitter account billionaire Carl Icahn, known as one of the most famous “investor-activists” of the world, who just announced his retirement from Apple due to its concern about the prospects of the company in China.

This is no small thing: at some point last year, Icahn has owned 53 million shares in Apple , about 1% of the total, a value that was around US $ 6,500 million.

Although the amount of the sale has not been revealed, reports indicate that earned about US $ 2,000 million for the transaction.

are hardly good news for the technology giant, whose financial results this week realized a 13% drop in profits was attributed to a decline in iPhone sales.

in the past, an announcement of purchase of shares by Icahn resulted in an immediate rise. Now, as might be expected, the reaction was downward. late on Thursday, had lost 3% of its value

Image copyright Getty

Image caption How you received the news Tim Cook …

But even more difficult to imagine the reaction of Tim Cook, Apple chief when Icahn released him the news that he was with his millions to another side.

“I called him this morning. he said he was sorry, obviously. But I told him it’s a great company ” said the investor.

China

it is not easy to assess the reasons for ICANH to withdraw from Apple.

according to what he told the US network CBS, concerned about the barriers that China can put trade in the products Apple

the country was one of the particularly weak points in the business performance of the company. there sales fell 26%.

“In China, for example, it will make it very difficult to sell Apple. They could, theoretically, you know … Basically, in a way they are, how to say, perhaps benevolent, but in a benevolent dictatorship. Although I do not know if ‘benevolent’ is the right word, “he said in the televised interview.

This month Beijing closed services movies and books from the Apple store in China, following the introduction of a law which requires that all content circulating in China is stored on servers within their territory.

Image copyright AFP

Image caption Icahn believes that things will not get better for Apple in China, where it recorded a drop of 26%, according to latest financial results.

These arguments outweighed their appreciation for the company, which began buying shares in 2013, and was a fan declared.

“in Apple today, in contrast to (what happened) six months or a year ago, there is no need for activism, because I think it has a very good management ” he said.

The investor activist

what do you mean “no need for activism”? Why call it “investor-activist”?

The answer has to do with how you engage with what they invest , rather than with their ideas about the situation of human rights in China, for example.

This New York businessman 80 years, 60 -after get started in business as a stockbroker on Wall Street in the years a title university in philosophically, developed a reputation as a ruthless “sharks” financial after the hostile takeover of several high profile companies.

Today is the majority shareholder Icahn Enterprises a <. i> holding business with a variety of interests, from mining to real estate, through technology

• 1978 it was the year that he began taking checkpoints in companies

• 2nd is the position of women in the Forbes list of the 40 owners of funds from richer world investment

• US $ 2,000 million is the amount that would have earned from the sale of its shares in Apple

Getty

And part of its strategy to accumulate an estimated at US $ fortune 18.000 million has been have a belligerent attitude in companies in which it has participated .

in companies like Apple, Hertz or entertainment conglomerate Time Warner has used its right to vote at the shareholders meeting to press for that there are changes .

for example, in October last year urged the multinational insurance giant AIG to divide.

“you have not shown any signs of urgency and has chosen a strategy of ‘wait and see’ for years, empty of decisive leadership “, said in an open letter to the head of the company.

” it is obvious that the simple act of breaking the company greatly increase the shareholder value. “

if these examples do not make clear, the activism ICANH not fall into the same category that characterizes the non profit.

in fact, as argued by an article in the journal Time 2014, the label of “investor-activist” today is another name for the “sharks” . 80

So these activists are “good” or “bad”

the magazine responds quoted blogger James Kwak:

“In finance, rarely battles between good and evil occur. Instead, you have battles greedy and corrupt, say, versus greedy and ruthless “.

Tomorrow April 30, will begin the End Roaming – Blasting News

If you usually were complaining of the existence of Roaming somehow can rejoice . For this year 2016 is expected to win, all the tricks played by the Roaming all travel lovers with their smartphone’s, is about to end . It should be added, what they said about ” being more economical in the European Union ” belong to what qualified as a ” single market ”, was also a factor ” misleading ” for users since, despite that, confidence abounded at first, but the bills never ceased to skyrocket .

Any regular user of mobile phone, regardless of the company to which they belong, knows how costly it Roaming has always been, without exception. A nightmare .

From tomorrow on April 30 , what started as a terrible nightmare sum of numbers and tedious bills , aims to alleviate fulfilling a nearly impossible dream . Being effective from tomorrow, the opening of the completion of Roaming . By helping to promote Non Rise of the cost for SMS, Data and Call when we travel abroad, the initial cost (which is contracted).

this It will cause the price to pay for the roaming more affordable and fair . Sparing frights when the next pay bills

• In the calls made. At the national level will be charged a fixed cost of 0.05 cents in concept surcharge per minute speech and can not exceed the maximum amount of 0.19 cents per minute
• in the calls received. it will have a fixed price of 0.0114 cents per minute speech .
• SMS sent: it will take to count to cost 0.02 cents for each message sent can not exceed the maximum cost to 0.06 cents
Internet on smartphones: the national rate shall possess a charge most of your rate of about 0.05 eurocents per MB consumed in your navigation, without being able to exceed its maximum cost going to 0.20 eurocents.

the figures quoted are fixed by a regulator, but a lot depends on what you offer different operators we have available on the market .

Vodafone has been the first operator to advertise this service special rate for Roaming .

Prices fall in April more than expected in the euro zone – Investing.com Spain

BRUSSELS (Reuters) – Prices fell more than expected in the euro zone in April, he said Friday the statistical office European Eurostat according to provisional estimates

.

prices fell 0.2 percent year on year in April in the area of ​​19 countries sharing the euro, against the 0.1 percent fall expected by economists polled by Reuters and the plane figure recorded in March.

the core inflation – which excludes volatile energy and food items not procesados- rose 0.8 percent in April compared to the rise of 0.9 percent the previous month

the European Central Bank closely monitors core inflation to develop its monetary policy, which aims at inflation close to but not more than two percent over the medium term.

Disclaimer: Fusion Media would like to remind you That the data Contained in this website is not Necessarily Real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices May not be accurate and May Differ from the actual market price, meaning prices are indicative and not Appropriate for trading purposes. Fusion Media doesn`t bear THEREFORE any Responsibility for any trading losses you incur as a result Might of using esta data.

Fusion Media or anyone Involved With Fusion Media will not accept any liability for loss or as a result of damage reliance on the information Including data, quotes, charts and buy / sell signals Contained Within this website. Please be fully Informed Regarding the Risks Associated With costs and trading the financial markets, it is one of the riskiest investment forms possible.

Phone is ready for EU veto the sale of O2 – Investing.com Spain

By Andrés González and Julien Toyer

MADRID (Reuters) – The Spanish multinational Telefonica (MC is ready for a possible veto of the European Commission (EC) on the sale of its British subsidiary O2 and Friday showed the market a battery alternatives to try to reduce its debt of 50,000 million euros.

the group, which is awaiting the decision of the EC on the sale of its subsidiary Hutchison (LON by 10,300 million pounds, continues to grow in organic terms and says no need to hastily sell its British subsidiary, which would substantially reduce debt.

“(O2) is an active very attractive, we have many alternatives, some allow us to combine the generation of UK box with a partial divestiture, others involve loss of control, we also have solutions in the capital market or the sale or merger of the asset, “said CFO Telefonica, Angel Vilá.

“No hurry,” he said, explaining that the cash flow and OIBDA O2 also support the leverage of the group.

in addition to these alternatives O2, the company recognized that also studying operations in the matrix. issuing hybrids for up to 6,000 million euros, payable in shares dividend and use the proceeds of an IPO of Telxius

Telefónica had been proposed reduce its debt / OIBDA up to 2.35 times endorsing one of the requirements of the rating agencies taking advantage of the sale of O2 awaiting the decision of competition for more than a year ago.

in the quarterly results presented on Friday, the operator showed resistance at the operating level and your business in Spain and in the current context of low interest rates, reiterated its commitment to reduce debt that now exceeds its capitalization.

“our liquidity is very high, the cost of debt is at historic lows, OIBDA increased (…) the five geographies grow in OIBDA and allow us to look at debt service without concern, but we are committed to our rating and work in this direction, “Vila said.

the titles reacted negatively to comments from the conference call with analysts, and Telefonica was down 3.4 percent when considering the high market probability of a regulatory veto sale of O2 with which weeks takes speculating.

ORGANIC FORTALEZA, wEIGH tHE CURRENCIES

the group announced an operating profit between January and March of 3.376 million euros and income 10,784,000, in line with analysts’ expectations, in an exercise expected to go from strength to a less negative currency effect June to December.

Regardless devaluations currency in Latin America, revenue grew 3.4 percent and 5.5 percent OIBDA. The exchange rate hit 529 million euros in OIBDA in the operator.

“The first quarter results are in line with our expectations for the year and allow us to reiterate our financial targets and dividend of 0.75 euros per share for 2016,” said the new president of the group, Jose Maria Alvarez Pallete, in a note.

Spain grew in revenue and OIBDA for the first time since the third quarter of 2008 and just suffered leakage customers to promotions in TV high-value content.

“We see competition in Spain much more focused on value than price,” Pallete, a movement that supports its strategy of having content and high value customers added said.

Telefónica ended the first quarter with an OIBDA margin of 31.3 percent at group level and 40.5 percent in Spain, in its goal of having no erosion of margins in 2016.

Growth in the euro area is accelerating, but inflation remains off – Yahoo Finance Spain

Economic growth in the euro zone accelerated in the first quarter to 0.6%, and unemployment declined, but inflation, the great concern of the European Central Bank, again showed negative (-0.2%) figures, according to official figures released Friday.

that provisional growth figure of + 0.6% from January to March is substantially better than analysts expected, according to estimates released by Facset, which estimated growth of 0.4%.

in annual terms, the euro area (19 countries with the same currency) has increased by 1.6%. In the last two quarters of 2015, the area recorded the same rate, 0.3%. Comparatively, the United States obtained a growth of 0.5% in the first quarter of 2016.

“Little by little, the pieces fit together,” Holger Schmieding reacted, Berenberg Bank, who said “despite of serious market turmoil in January and February, the economy in the eurozone started well 2016 “.

Bert Colijn, an analyst at Dutch financial institution ING, noted for his part that” the euro zone challenges turbulent world “.

the improvement” was probably supported by consumer spending, but also, according to data from Austria and France, for the good performance of business investment, “estimated Howard Archer, analyst at IHS Global

-. Falling energy prices –

on the unemployment front, the news was also good in the first quarter. In March, the number of unemployed fell to 10.2% compared with 10.4% in February (revised figure), announced Eurostat.

That figure is better than the consensus of analysts interviewed by Facset, which predicted 10.3% in March. This is the lowest unemployment rate recorded in the euro area since August 2011, Eurostat said.

Despite these two good records, inflation again cooled tempers. In April it fell to negative numbers, -0.2%.

The eurozone had registered a 0% inflation in March, and analysts had hoped to return to repeat that guarismo in April.

the ECB maintained for more than a year ago an exceptional package of monetary stimulus measures, including a key interest rate of zero percent and buying debt, inflation resume flight accompany the growth, without much success so far

the ECB’s monetary policy (Toronto: BCE-PA.TO – news). has generated sharp criticism in Germany, whose savers complain that that interest rate eat them savings

“If you look at the numbers is not difficult to discover where that decline comes (inflation), largely: the fall in energy prices.” said Michael Hewson , CMC Markets (London: CMCX.L – news). in London

“Given the sharp rise in the Gross Domestic Product (GDP) would appear that energy prices are also acting as fiscal stimulus and helping to support the recovery, “said

Archer (Oslo: 13072052.OL – news)., of IHS Global, said that the ECB will emerge strengthened from this good growth figure and thus remain the expectation in the coming months.

Simultaneously with the publication of Eurostat, France and Spain also announced its growth figures. France grew by 0.5% in the first quarter, better than expected, and Spain 0.8%, despite the political crisis

.

SPAIN: Bankia meets expectations but earn 3.3% less – EntornoInteligente

Five Days / Bankia is no exception in the deterioration of the typical banking business caused by the very low interest rates. However, the entity has met market expectations with a net profit of 237 million compared to 242 analysts anticipated. The figure is 3.3% below the previous year’s results. Bankia adds, though, that when excluding the perimeter of 2015 the City National Bank of Florida, already sold, the result improved by 2.1%.

The fall of the results at the top of the account is greater . Net interest income, ie the difference between Bankia charges for pay and what you pay for borrowing has fallen by 16.7%, from 693 to 577,000,000 euros. The commissions have also dropped, and the entity has only palliated this deterioration by way of lower allocations to provisions, 59 million less (362 vs. 390) and lower extraordinary losses.

0,84 BANKIA -1.63% SPAIN: Bankia meets forecasts but gains a 3.3%

Information Five Dias

http://entornointeligente.com/articulo/8320643/ESPANA-Bankia-cumple-previsiones-pero-gana-un-33-menos

Visite also www.mundinews.com | www.eldiscoduro.com | www.tipsfemeninos.com | www.economia-venezuela.com | www.politica-venezuela.com | www.enlasgradas.com | www.cualquiervaina.com | www.espiasdecocina.com | www.videojuegosmania.com

Follow us on Twitter @entornoi

Gonzalo Morales and Health Emergency Decree , Bogota health secretary, he said in Question Yamid the decision of the administration to enact emergency Penalosa city health. According to Gonzalo Morales ,, the measure allows take extraordinary measures to address the critical situation and overcrowding that have district hospitals specifically those located south. “It allows us additional resources, transfer services around to other places and expand the areas of emergency,” said Gonzalo Morales .TAGS: Gonzalo Morales, Health, Colombia, Divo, Gonzalo Morales, Divo

Spanish economy maintains the pulse and grows more than expected in the first quarter – Yahoo Finance Spain

MADRID (Reuters) – The Spanish economy began the year 2015 was over, keeping a quarterly rate of 0.8 percent in the first three months of 2016 , according to the National Statistics Institute (INE).

in annual terms, the Gross Domestic Product (GDP) grew Spanish internaual 3.4 percent.

The data beat forecasts of economists polled by Reuters, who expected a quarterly growth of 0.7 percent and a 3.2 percent on-year.

The minister of Economy in Spanish features, Luis de Guindos, predicted yesterday that the Spanish growth in the first quarter could exceed expectations.

Both De Guindos and the Bank of Spain had previously estimated quarterly growth in the first three months of the year at 0.7 percent.

In the fourth quarter of 2015, quarterly growth was also 0.8 percent, while the annual figure was 3.5 percent.

The last gasps of roaming in Europe – The Counter

From Saturday April 3, the rates for calls, messages and data that are made from the mobile phone to a foreign country recorded a significant drop in all the nations of the European Union.

According to Spanish newspaper Confidential , the first stage of the scheduled disappearance roaming will start the weekend with considerable reductions. Thus, you call within the countries of the European Union.

Thus, if a Spanish want to call from France, Italy or Germany will pay a slightly higher price than if you were in your country but will apply a much more reasonable rate than you would pay so far.

In a first step, a surcharge on the fee that each customer pays by contract to his company made.

currently, without considering the deals which welcome those seeking a more economical to go to another country rate, outgoing calls had a cost of about 23 cents per minute, six cents texting, 20 cents each mega and up to 17 cents per minute for calls received.

starting Saturday, the rates will be the same as paid in Spain although the aforementioned surcharge inexpensive. Thus, outgoing calls will have an increase of 0.05 euros per minute, incoming cost 0.01 per minute, SMS will have an added 0.02 euros while each mega data that is consumed will come with a surcharge of 0 05 euros.

This reduction is prior to the end of ‘roaming’ which is scheduled for 15 June 2017. from that date step, operators may not apply surcharges for calls made from other countries of the European Union, although the companies, the European Commission and Parliament still have to sit down and negotiate what the limits are for the purpose of roaming to avoid abuses or that some customers can take advantage of rates in other countries .

Little is known yet about what will be the measures to be applied, although it is likely that some usage limits are established, either in number of minutes, messages or downloaded megs or days of use per year. This latter practice can be a way to curb customers who want to take advantage of cheaper rates they can find in other countries.

On December 15 is the deadline to have all parties to agree in the rules governing the order of roaming in the European Union. It will later this 2016 when you know what the limits governing calls, messages and Internet consumption from other eurozone countries will be.

In Latin America the system still does not give lights disappear, although have already been some voices raised lower it, both to allow competition from smaller operators to ensure the existence of a business that only benefits from the millionaire accounts that can afford to pay for the wealthy, or left on bench rotates the unwary who forget to leave their countries disable data traffic

. Download attached document this news ->

An adverse currency effect lastra Telefonica accounts in the first quarter – Investing.com Spain

MADRID (Reuters) – The Spanish multinational Telefonica (MC announced results that were in line with expectations and negatively affected by the currency effect while continuing solid growth at the operating level <. / p>

with the most attentive to “plan B” that the group prepares for possible regulatory ban on the sale of its British subsidiary O2 Hutchison (LON market, Telefónica found a drop in revenue of 6.6 percent and 6.7 percent of OIBDA in the first three months of the year.

“the impact could be positive for the good data from Spain and continued organic sales growth. However, eyes will be also put on possible messages that are offered on the process of selling O2 and route of deleveraging, “Sabadell (MC said in a note to clients.

the OIBDA amounted to 3,376 million euros and revenues to 10,784 million, in line with the provisions of analysts revenues of 10,856 million euros and OIBDA of 3,389 million.

Disregarding the currency effect and other extraordinary items, group said revenue grew 3.4 percent and 5.5 percent OIBDA. The exchange rate hit 529 million euros in OIBDA in the operator.

The net profit of the operator fell 56.9 percent to 776 million euros affected by an unfavorable comparison after the agreement for the sale of O2 in 2015.

Debt it increased slightly to 50,213 million euros, implying a ratio debt / OIBDA of 3.02 times, which would drop to 2.52 times if I could run selling O2.

“the results of the first quarter are aligned with our expectations for the year and allow us to reiterate our financial targets and dividend of 0.75 euros per share for 2016, “said the new president of the group, Jose Maria Alvarez Pallete, in a note.

Disclaimer: Fusion Media would like to remind you That the data Contained in is not Necessarily this website Real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices May not be accurate and May Differ from the actual market price, meaning prices are indicative and not Appropriate for trading purposes. Fusion Media doesn`t bear THEREFORE any Responsibility for any trading losses you incur as a result Might of using esta data.

Fusion Media or anyone Involved With Fusion Media will not accept any liability for loss or as a result of damage reliance on the information Including data, quotes, charts and buy / sell signals Contained Within this website. Please be fully Informed Regarding the Risks Associated With costs and trading the financial markets, it is one of the riskiest investment forms possible.

Apple is still the leader, but everyone loses ground in the tablet market: study – CNET in Spanish

The sale of tablets, taking into account traditional tablets and hybrid with a detachable keyboard, had an annual decline of 14.7 percent in the first quarter of 2016, according to IDC.

During the period, which ended in March, a total of 39.6 million units were distributed, compared with 46.4 million in the same period of 2015. the fall was mainly due to market maturity and little interest from consumers for new models, he added the study.

The five major tablet makers –Apple, Samsung, Amazon, Lenovo and Huawei, in descending order of retail– gave ground, but maintained positions. Apple rose from 27.2 to 25.9 percent compared the same period of 2015 and 2016, respectively.

The Cupertino giant distributed 10.6 million units in the first quarter, which while doubling the number of its competitors, representing a fall of 18.8 percent over the number of units shipped in 2015, IDC said .

Samsung, which follows the steps, fell from 18 to 15.2 percent market share, with 6 million units shipped in the first three months of this year; his fall compared to the same period of 2015 was 28.1 percent.

Of the five manufacturers, if Amazon is the only one with positive results by increasing its distribution figures. IDC noted that the growth of the maker of the Kindle tablets was 5,421 percent, with 2.2 million units shipped in the period. However, IDC said some models tablets Amazon not entered their study because they taxonomy.

On the other hand, IDC highlights the opposite signs that Lenovo and Huawei experience regarding the sale of tablets. The manufacturer Matebook going through a moment of opportunity and during the second quarter could rise in the table, while Lenovo still has much to improve in terms of performance and price their tablets, says IDC.

Surprisingly, Microsoft does not appear among the five major vendors of tablets, but IDC says there is a chance that Microsoft should build beyond their tablets Surface, ending not convincing mainly because of its high selling price .

The smartphone market starts to become saturated – TI Journal

The market analysis firms IDC and Strategy Analytics presented on April 27 two reports on the smartphones market performance during the first quarter of 2016. Although there are discrepancies between the reports, both agree that sustained and unstoppable growth that has characterized the sector since 1996 seems to have come to an end

<-

. & nbsp!; & Nbsp;

-> TI Journal 28/04/16 7:15:31

Note that IDC noted in its report a slight growth of 0, 2%, equivalent to 500,000 devices, compared with the same quarter of 2015.

Meanwhile, Strategy Analytics concludes that the market is saturated, and that during the quarter deliveries fell by three percentage points over the same period of 2015.

the discrepancy is mainly due to the statistical material used by the latter includes about 10 million smartphones more than the material IDC. However, both organizations conclude that during the first quarter deliveries were 335 million units globally.

The contraction, in the case of Strategy Analytics, or stagnation, for IDC, no equally it affects all manufacturers. The two market leaders Samsung and Apple, noted reductions in sales and market share. The negative outlook mainly affected Apple.

Samsung presented this morning a quarterly balance for the case of the mobile sector would be best observed in the last two years. According to the company, its turnover and profits increased significantly compared with the same quarter of 2015. The explanation would be in the strong initial demand for high-end models S7 and S7 Edge Galaxy.

Huawei ranks third of the list of two consultants, with growth of 50% in global deliveries.

in the IDC report, companies Lenovo and Xiaomi left the list of the top five positions, being relieved by Oppo and Vivo. The latter two companies have increased their deliveries by more than 100% last year, mainly in its home market, China.

In stats from Strategy Analytics, Oppo ranked fourth, beating Xiaomi tessitura in fifth place.

According to both companies analysis, the current market landscape smartphones are basically explains that markets are reaching saturation point, even in developing countries, where it has decreased the number of people who buy a smartphone for the first time.

IDC explains the contraction in deliveries of iPhone users saying that iPhone 6/6 Plus unjustified consider upgrading to 6S. According to the consultant, the new iPhone could compete with Android devices in the same price category where iPhone has traditionally been considered too expensive. However, the price of the model means that there are devices with better performance and technical specifications, at a lower price. The statistics for the SE model will be available during the second quarter

–

Image. Smartphones by © Hadrian via Shutterstock

Know which country leads the process of Collaborative Economics in the region – AméricaEconomía.com

The Collaborative Economics is a recent phenomenon, complex and transversal, global reach and growing economic importance. The combination of ancient economic forms, as gift and the most recent, or barter, as compraventa- with a constellation of disruptive, technological, economic and social innovation, is generating major changes in the functioning of markets worldwide.

broadly, you can define the Collaborative Economics as all economic and social activities in which agents put assets disposal, property or underused services, without transferring ownership in return or not a monetary value, through participation in non-anonymous digital platforms and in particular using the Internet.

How the initiatives are geographically distributed in the region?

Brazil, Mexico, Argentina and Peru are leading in the number of initiatives Collaborative Economics, accounting for 69% of the total number of responses.

This is a very young ecosystem, the vast majority of initiatives have been created in the last 5 years. The speed of technology adoption in recent years and popularization of the platforms to structure traditional trade relations are an important launching pad for these initiatives, generating multiple alternatives as emerging real examples and roads of this type of initiative .

the sectors in which initiatives

operate the predominant types of sectors in the activities of the current initiatives suggest a reality where the main buyers are companies seeking access to and space on the one hand, and individuals seeking efficiency in transport and accommodation.

These brokerage platforms are the easiest to organize, already known for its nature, with clearly organized substitute services. Other more complex forms of Collaborative Economics as training or exchange, workbenches and alternative currencies are much less represented. Require maturity potential users that does not seem still exist in these countries.

the activities that facilitate

the first and most effective manifestation of Collaborative Economics is economics rental: access for rent property before tied to property or provided by a more traditional industry. The analysis reflects this reality. Markets ideas (training, marketing companies) and exchange of goods or direct selling them in alternative formats form the bulk of initiatives not directly linked to the economy of the rental.

the potential for job creation

64% of initiatives have ten or fewer participants. He’s talking about small, close to self-employment organizations, and since most, as we shall see, do have an impact -have profit on revenue of participants- can contribute to the generation of a tissue micro-based Economy collaborative that will grow the knowledge, experience and success stories needed to be born and grow an industry.

Brazil, the leader in the region

How different is the leader of the other players? For its relevance in terms of number of initiatives (30% of analyzed), it is important to understand how different. The language and market size effect also make their initiatives are partially protected from the rest of the environment.

But also make them more conducive to the entry of international players, facilitating the knowledge and confidence of the user. As for the type of transaction the result is very similar, the rent is still first among the most facilitated transactions, which responds to the greater knowledge of such models.

what are the sectors relevant activity

the market size is again very important in understanding what activities are relevant: gains much importance tourism and creating exchange markets. The sense of group collaboration and sharing seems to start to become more relevant and about to displace the rent economy represented by transport, which is still in first place. Still, however, does not appear certain types of more complex transactions such as banks time or alternative currencies, which seem to indicate a greater weight of community in the motivation of the user.