* Saves energy;
* Saves lives and prevents accidents (because people returning from work or school in daylight, which is safer than dark);
* Prevents crimes (because they are more likely in darkness than light).

According to an American researcher Stanley Coren, the advance of the time in spring creates an average increase of 7% to 8% of road accidents. Why? Because the time change alters sleep patterns and affecting the attention. Conversely, in autumn, the return to standard time causes a decrease of 7% to 8%. It seems that the “American nation” not sleeping enough and that reason is that sleep is seen as a waste of time. Before the invention of light bulbs, around the turn of the century, people slept an average of 9 hours, while now the average is 7 hours.

A U.S. proposes an idea: keep back an hour in the autumn as it is now, but change the spring. How? Instead forward an hour on Sunday, why not back in 23 hours? It will meet on Saturday … for a second time! It does not “lose” the way an hour of sleep, but rather on “benefit” almost a day off!

I hear you already think: if we act together, time would be off by one day per year. But there is an American thought. Every 4 years, instead of adding one day, rather subtract 3 days…! And they would be Monday, Tuesday and Wednesday which, by popular vote, have been decreed the day the least popular. The month chosen to remove the day would be February, because it is a good miserable months … It is in this way even shorter…

You have the option to download content protected by copyright laws for free, but it is a crime. If you do not want to engage in piracy, you always have two options:

a) The Free Software: You can often find programs that will be sufficient for your needs
b) In commercial software, sometimes there are less powerful versions of those that are licensed (Freeware or similar)

Let us light on some stuff that you get free on internet:-

1. EBooks – There are many eBooks all over the internet which guides you in your needs and also a perfect source of information.

2. Ringtones – You can get ringtones for free on net via searching a little. When you download a ringtone through your phone, it cost you the download charges but at same time these ringtones are free to download on internet sites.

3. Gift Coupons – Several sites provide free gift cards or coupons. They have option like you sign up with them and you get free gift coupons as a welcome gift. These coupons can be used on big sites like eBay and Amazon.

4. Surveys – This is a very interesting stuff on net for free. Not only you get these surveys for free but also you get paid by them. Many survey sites pay users for their time. You are in profit from both ways, first you get info and increase your knowledge by completing the survey and on other hand you get paid almost 0.10$ to 5$ per survey you go through.

Much more things you can find for free on internet. It’s always profitable to search on internet first before buying from outside but beware and protect yourself from piracy.

People are more susceptible in terms of marketing messages when they coincide with their understanding and interests. You cannot have more relevant in marketing from that to talk about a specific person. Many bloggers who monitor other blogs place links to those blogs and read there materials. Placing links to other blogsthat are useful and thematically related is the cheapest form of marketing that exists. Do not just put a link and quote something from someone blog, add value to what other bloggers wrote as why you believe it or not a law. You may want to consider feedback from bloggers, whom I respect, or to offer to do an interview with him.

Comment on their blog Comment. The best about blogging is that the readers can give bloggers direct feedback by commenting on the post published. These readers can be bloggers by themselves. You can have profit in your search of same bloggers like you; leave a comment on their comment. They will notice.

There is also another technique to get in touch with other bloggers and it is knows as Trackback. Your machine trackback “will send a message to other (a” ping “) indicating the name of your weblog and address, permalink your ticket, and an excerpt from what you wrote. It sends this message to a certain address (the famous “Trackback URL for this entry” you have probably already crossed in the blogosphere), which is actually one of my “trackback machine”, decorated by the number of my ticket. But all this, you do not need to know or understand, given that our machines to trackback “take care of themselves very well.

An interesting thing is that the parties “send” and receive “the” machine trackbacks “are independent. We can absolutely send trackbacks to other sites without having turned on. Primitive sites using, for example, provide a form for sending a trackback. This form can actually be used to send trackbacks, even if you do not have your own machine trackbacks. In conclusion, a lesson: when to send a trackback? Only when I had a ticket that binds another ticket, or when I already have one that has a connection with other tickets. Well, then, these damn trackbacks seen everywhere and with everyone talking and that has not always understand what’s at the end? A popular demand (the Lemanic concerned recognize), a short explanation of basic that I like.

Networking with other bloggers will bring you much more experience and also it will bring a lot of new techniques that you can use to promote your blog.

Lehman Brothers sought protection from its creditors, as announced by U.S. bankruptcy laws, and Merrill Lynch were bought by Bank of America for 50 billion dollars - a sum which until recently would look ridiculous low for such an institution. Bear Stearns disappeared from the map since the spring, when the Federal Reserve helps JPMorgan Chase to buy them, providing them with a credit line of 29 billion dollars. And something more - turns out that the injury does not stop here. AIG - a company with such a powerful presence in many countries around the world that one possible its collapse would know virtually every household from Asia to Europe, America and Australia. No wonder that the U.S. Federal Reserve made ready forces to save the giant and announced that he will grant an emergency fund of 85 billion dollars in exchange for 79.9 percent of the company’s capital. According imposed by regulators plan, this management company will be replaced, but the loan will be secured by the assets of the insurer and is expected to be repaid through the sale of subsidiaries. Representative of the Federal Reserve cited the global financial press said that the final result most likely will be a controlled liquidation of AIG, although not ruled out the possibility the patient to survive. The interest on fixed allocations equal quarterly Libor plus 850 basis points - a level high enough to ensure that the insurer will do everything possible to pay the debt as soon as possible.

Although in need have fallen only a few companies, their profound awareness scale shook every corner of the world. Finance guru and former Federal Reserve Governor Alan Griynspan commented that in his entire professional life was not witnessed a crisis of such a size. Reaction, as always in such situations was Panic. Although we are relatively insulated from such disasters, the tsunami not dilute the Bulgarian capital market, a Moscow market saw even forced to suspend its session because of an unprecedented crisis of quotations. On the interbank money market, the voice of resources was unprecedented, despite significant intervention of central banks. Overnight interest rates in pounds sterling example hit seven year record of 6.79 percent. European Central Bank responds only for a day scored emergency funds of 70 billion Euros, while the English bank injected 5 billion liras from Monday to Thursday, with additional 20 billion on Tuesday. Overseas, the Federal Reserve intervened with 50 billion dollars, while in Asia the Japanese bank - with 24 billion dollars.

The whole world is fighting for this crisis.

]]> http://www.bigflickz.com/2008/10/financial-crisis/feed/ http://www.bigflickz.com/2008/10/deposit-guaranty/ http://www.bigflickz.com/2008/10/deposit-guaranty/#comments Sat, 04 Oct 2008 19:44:10 +0000 admin http://www.bigflickz.com/?p=41 Regardless of changes in interest rates or swap rates between the dollar and euro, each banker is aware that banks for centuries actually work with a base currency: consumer confidence. Any disturbance of the market in financial services could lead to withdrawal of resources and undermine and even threaten the survival of even those companies that have no direct statement of the crisis. Therefore, not only in USA but worldwide there are funds to guarantee deposits of banks that protecting client of a possible bankruptcy of servicing Treasury. Despite differences, the idea in all countries is roughly the same: licensed banks regularly import certain amount protected fund in the event of insolvency of one vault, collected funds used to pay deposit users to a certain limit. The amount guaranteed will be returned if the bank in which you invested your money, the victim, was 40 thousands. Of member states of the European Union, the highest security is in Italy - over 100 thousand Euros, followed by France, Great Britain and the Netherlands. However, this limit is not the only important indicator by which to judge the effectiveness of protection of deposits. Several months before the European Commission published a report that explores the possibilities of European financial markets to maintain stability in conditions of crisis. Analysts pay attention not so much the amount would be recovered in case of failure of the vault, but the proposed rate harmed customers.

One of the indicators that give a clear idea whether the Fund Deposit Guaranty would able to fulfill its role as strong market is the ratio of funds available to it, and total deposits collected in the country. Although as a ceiling of guaranteed amount is not headed to the top of the European Union to explain above indicator ranks second after Lithuania in the Community, with 1.58 percent. Overall, the index is higher in the new Member States where moving average around 0.86 percent versus 0.53 percent for the EU-15. Another factor that undoubtedly plays a huge role in maintaining confidence in the banking system, weather and the number of procedures has to take investors to regain their funds. These conditions vary greatly across many European countries, such as procedural steps to recover the deposit moving between 4 and 21. At the same time, 13 percent of guarantee funds in the Community complain of problems in cooperation with other local authorities. Regarding the time for payment of Deposit strapped banks, statistics indicate that over 90 percent of the amounts were restored to the existing three months, although the share of benefits customers in that period was only 70 percent. According to analysts, in most cases the delay was due to difficult access to information, insufficient personnel or shortage of funds. That’s why most countries allow for financing of the fund through loans if needed.

Customers are more demanding; better examine the places where dwellings are interested in the experience of the construction companies of the future construction of the neighborhood and of course the type of property. Interest in the old building is decreased, especially housing panel. Customers hold to buy an apartment in a building with all communications with well-made jacket and an opportunity to extra gasification and equipment for alarm, are not negligible.

Because of financial shocks in the U.S. are expected another show of interest on loans average 0.5 percent and in some cases by 1 percent. In July the price of housing loans increased by almost 4 percent and in August they decreased by about 3 percent. Experts predict a tightening of conditions for granting loans with higher interest rates and on more stringent controls on them. This will inevitably shrink opportunities for the development of the real estate market. Some of them advised to avoid drawing large sums to buy a home because of unstable financial situation that is felt in Europe.

It is expected house price to recognize the decrease in the next few months. According to other analysts, the property market will be very dynamic in the next 5 years. They expect movement in prices as in new housing and for the old.

The fact is that the financial crisis is not of yesterday and markets in the U.S. and Western Europe accounted continuous decrease in the last one year. Worldwide real estate market in Eastern Europe is the only one who reported increases.

As the world of banking and financial terms seems vast and often can confuse consumers, most importantly, you have to remember is - do not take a decision to draw a loan only announced rate without their know what that means figure and how expensive will actually went out of service obligation. For more information, you can talk to the credit officer or a consultant or visit specialized portals.

Order online credit annual rate of expenditure is the total amount of credit to the consumer expressed as an annual percentage of total expenditure on the amount of the credits. It is estimated when the contract of consumer credit in a particular formula, adopted as an annex to the Law on consumer credit.

In calculating the annual percentage rate of charge regard to the following conditions:

* Amounts paid by the parties at different times is not necessarily equal and are due to the same periods;
* Starting date for calculating interest is the first day of the provision of consumer credit;
* Adopted that the intervals between the dates used for calculation will be expressed in years or parts of years and believe that the year has 365 days, 52 weeks or 12 months average (an average months contains 30.41666 days) ;
* Calculation results are expressed in two decimal places, where the third digit after the decimal point is greater than or equal to 5 after the second figure is rounded up by one.

The annual rate of the cost of credit is estimated at the time of the contract of consumer credit. The calculation is done by assuming that the contract is valid for the duration of which has been concluded and that the creditor and the consumer perform their duties in accordance with the originally specified periods. Under the provisions of the law, if the contract of consumer credit does not contain several dates on the choice of spindle or as otherwise provided, in calculating the credit GPR assumes that repayment installments will be made in the near term provided in the contract. If consumer credit contract contains clauses that allow changes in interest rates or if the amount of other expenses included in the annual rate of the cost of credit cannot be measured quantitatively, it is estimated, given that, interest and other costs are permanent to their original size and apply to the expiry of the contract. When the contract of consumer credit does not provide a maximum amount of credit when calculating GPR on the loan is assumed that the loan cannot be greater than 4000 euro if you set a deadline for spindle of credit and the contract cannot be assigned, the calculation assumes that the loan is granted for one year.

Just before 2 years was adopted Law on Consumer Credit (published in the Official Gazette, Vol. 53 June 30, 2006, with effect from 1 October 2006). This act put into legislation the European Directive 87/102/EEC requirements for consumer credit.

The law regulates the conditions for contract on consumer credit, its form and content. The law imposes requirements on advertising contracts for consumer credit. One of its roles is to validate the user right to early repayment of its obligations under the contract for consumer credit and related rights and obligations. With the regulation is defined content and method of calculating the annual percentage rate of charge on loans and regulate the intermediary in providing consumer credit.

One of the most important countries of the Consumer Credit Act is to enable consumers to protect their rights arising from the contract in court and administrative, and provide access to extrajudicial means to resolve disputes related to consumer loans.

The Bank is required to notify the user of any conditions of the loan before the conclusion of the contract of consumer credit. The potential customer must be. Consumer under the consumer credit is any individual who does not act within its professional or commercial activity. The user is not required to make payments, including interest, fees, commissions or other costs not included in the terms of the contract for consumer credit. Creditor in turn must give the consumer credit in the form of loan or deferred payment, leasing and any other similar form of payment facility. Contract itself must be clear and understandable language, to be concluded in writing. Any subsequent amendments to the already concluded contract must also be made in writing.

The contract for consumer credit must contain information on:
# Date and place of conclusion;
# Name / name of the trader, its legal forms or BULSTAT EIK, address headquarters of the creditor;
# Name, PIN, permanent and current address of the user;
# Net value of the loan (subject to obtaining the loan principal);
# Maximum loan, if agreed, or how its determination;
# Annual rate of credit costs, the costs involved in calculating it, except those arising from failure of the contract by the consumer;
# Conditions for the spindle of the consumer credit, including the size, number, frequency and dates of repayment installments and, if possible, the total amount of such payments;
# Related contract costs that must pay the consumer, if any;
# Right to be settled before the consumer credit, whereas the right to decrease the size of its obligations under the terms of art. 18, paragraph 2 of the law and the conditions for terminating the contract;
# Securities which the user is required to provide, their value and the conditions under which they may be released, required insurance and costs them if the choice of insurer is not available to the user.

Banks conclude specific agreements, which specify the maximum amount of loan and annual interest costs on loans, applicable from the time of signing the agreement and the conditions under which they can be changed and for the termination of the contract. Banks offer overdraft euro, euro and U.S. dollars. The loan is practiced in current accounts or currency to the amount allowed by the maximum amount can be used in whole or in parts. The credit agreement overdraft can be terminated at the request of the borrower at any time, provided that usage amount and accrued interest be repaid.

Viewers who want to benefit in unforeseen expenditure choose between credit card and overdraft. In both receive money on pre-agreed terms with the bank. When own resources were insufficient for the desired transaction, the Bank complements the other. To use this product does not necessarily have a debit card because the money can draw in a bank branch. Overdraft is short-term loans, which are negotiated in advance with the bank and may even not be used unless necessary and thus not any means.

The credit card is usually issued for use - hauling cash for direct payments for goods and services to POS terminals at retail establishments and most often for payment of goods and services online. The amount will be allocated as credit card limits usually depend on the assessment of the solvency of the client. Most often the maximum amount of credit that can be granted for a standard credit card is higher than that in overdraft - from 10 000 to 50 000 rarely be more than 1 to 3 monthly salaries - is usually for amounts from 1000 to 10 000.

Customers pay monthly or annual fee simply for holding a credit card than the agreed interest in the use of funds. If you have permission to use the overdraft, but not download money from him, do not owe anything to the bank. There are various fees on debit card transactions, which draw from overdraft account and credit card.

Fortunately, with increasing quality and variety of banking services appeared and Internet-based services providing convenience and facilitating the correct choice of banking services. Details comparison between different types of loans and convenient credit calculator is located at their sites.

What currency are your earnings?
The most important points that should not be disregarded are that most people receive salaries in US$, so that exchange differences can have significant impact on the total cost of servicing obligations. In a financial crisis as the Japanese yen, and Swiss franc have the reputation of refuge for investors. They not only maintain stable exchange rates against other currencies, but even recorded price rises. For the last year, the yen has increased 5.47 percent against the euro and Swiss franc in this increase was 4.13 percent. This means out of every hundred euro a consumer would pay for servicing the loans in these currencies a year ago, now account for respectively 105.47 and 104.13 euro it must be remembered that this account has not come at the cost sharing currency. Additional risk comes from there, it is practically impossible to determine exactly what will be future developments in exchange rates, especially when it comes to long periods of time, such as time limits on many loans. However, at least in the short term may provide general trend, based on the behavior of the markets in similar situations in the past, and the general macro-economic relationships.

What are the expectations for the future course of the yen and Swiss franc?
Hardly tradition is not in any crisis threatening the U.S. dollar as one of the parties concerned to act not so much the Federal Reserve as Japanese bank. In such cases, as for example in panic caused by bomb attacks of Sept. 11, she is involved in massive intervention to keep and even become cheaper to pay green money. This is because the economy of the country orient is highly dependent on exports; a major export market is the United States. Any appreciation of the yen against the dollar makes Japanese products more expensive for U.S. consumers - and thus less competitive. But history shows that as these are massive stocks of Japanese and other Asian banks, they rarely have in convincing aid dollars.