Monday 13 June 2011

Hypo Venture Capital Zurich Headlines:Obama sees China as a partner in Mars mission

http://hypoventurecapital-research.com/2011/05/hypo-venture-capital-zurich-headlinesobama-sees-china-as-a-partner-in-mars-mission/

WASHINGTON — U.S. President Barack Obama views China as a potential partner for an eventual human mission to Mars that would be difficult for any single nation to undertake, a senior White House official told lawmakers.Testifying May 4 before the House Appropriations subcommittee on commerce, justice and science, White House science adviser John Holdren said near-term engagement with China in civil space will help lay the groundwork for any such future endeavor. He prefaced his remarks with the assertion that human exploration of Mars is a long-term proposition and that any discussion of cooperating with Beijing on such an effort is speculative.  “(What) the president has deemed worth discussing with the Chinese and others is that when the time comes for humans to visit Mars, it’s going to be an extremely expensive proposition and the question is whether it will really make sense — at the time that we’re ready to do that — to do it as one nation rather than to do it in concert,” Holdren said in response to a question from Rep. Frank Wolf, R-Va., a staunch China critic who chairs the powerful subcommittee that oversees NASA spending.
Holdren, who said NASA could also benefit from cooperating with China on detection and tracking of orbital debris, stressed that any U.S. collaboration with Beijing in manned spaceflight would depend on future Sino-U.S. relations.
“But many of us, including the president, including myself, including (NASA Administrator Charles) Bolden, believe that it’s not too soon to have preliminary conversations about what involving China in that sort of cooperation might entail,” Holdren said. “If China is going to be, by 2030, the biggest economy in the world … it could certainly be to our benefit to share the costs of such an expensive venture with them and with others.”
Wolf, who characterizes China’s government as “fundamentally evil,” said it is outrageous that the Obama administration would have close ties with Beijing’s space program, which is believed to be run primarily by the People’s Liberation Army, or PLA.
“When you say you want to work in concert, it’s almost like you’re talking about Norway or England or something like that,” an irate Wolf told Holdren, repeatedly pounding a hand against the table top in front of him. “As long as I have breath in me, we will talk about this, we will deal with this issue, whether it be a Republican administration or a Democrat administration, it is fundamentally immoral.”
Holdren said he admired Wolf’s leadership in calling attention to China’s human-rights record, but noted that even when then-U.S. President Ronald Reagan referred to the former Soviet Union as “the evil empire” in the late 1980s, he continued to cooperate with the communist bloc in science and technology if doing so was deemed in the U.S. national interest.
“The efforts we are undertaking to do things together with China in science and technology are very carefully crafted to be efforts that are in our own national interest,” Holdren said. “That does not mean that we admire the Chinese government; that does not mean we are blind to the human rights abuses.”
Holdren said that as White House science adviser, his capacity to influence the president’s diplomatic approach to Beijing is limited.
“I am not the person who’s going to be whispering in the president’s ear on what our stance toward China should be, government to government, except in the domain where I have the responsibility for helping the president judge whether particular activities in science and technology are in our national interest or not,” Holdren said.
Recently enacted legislation prohibits U.S. government collaboration with the Chinese in areas funded by Wolf’s subcommittee, whose jurisdiction also includes the U.S. Commerce and Justice departments, the National Science Foundation and the National Institute of Standards and Technology.
When asked how he interpreted the new law, part of a continuing resolution approved in April that funds federal agencies through Sept. 30, Holdren said the administration will live within the terms of the prohibition.
“I am instructed, after consultation with counsel, who in turn consulted with appropriate people in the Department of Justice, that that language should not be read as prohibiting actions that are part of the president’s constitutional authority to conduct negotiations,” Holdren said. “At the same time there are obviously a variety of aspects of that prohibition that very much apply and we’ll be looking at that on a case by case basis in (the White House Office of Science and Technology Policy) to be sure we are compliant.”
Rep. John Culberson, R-Texas, who joined Wolf last fall in opposing an official visit to Beijing by Bolden, accused Holdren and the White House of plotting to circumvent the law.
“It’s not ambiguous, it’s not confusing, but you just stated to the chairman of this committee that you and the administration have already embarked on a policy to evade and avoid this very specific and unambiguous requirement of law if in your opinion it is in furtherance of negotiation of a treaty,” Culberson said. “That’s exactly what you just said. I don’t want to hear about you not being a lawyer.”
Holdren said a variety of opinions and legal documents indicate the president has exclusive constitutional authority to determine the time, scope and objectives of international negotiations and discussions, as well as the authority to determine the preferred agents who will represent the United States in those exchanges.
Culberson reminded Holdren that the administration’s civil research and development funding flows through Wolf’s subcommittee, and that funding could be choked off if the White House fails to comply with the law.
“Your office cannot participate, nor can NASA, in any way, in any type of policy, program, order or contract of any kind with China or any Chinese-owned company,” Culberson said. “If you or anyone in your office, or anyone at NASA participates, collaborates or coordinates in any way with China or a Chinese-owned company … you’re in violation of this statute, and frankly you’re endangering your funding. You’ve got a huge problem on your hands. Huge.”

Hypo Venture Capital Zurich Headlines:Shortage of independent financial advisers looming

http://hypoventurecapital-research.com/2011/05/hypo-venture-capital-zurich-headlinesshortage-of-independent-financial-advisers-looming/

Financial advisers who can give independent guidance to New Zealanders will be in short supply when the new financial services regime comes into full effect on July 1, less than two months away.
And at least one industry player is warning it will only worsen the country’s underinsurance problem.
So far the Financial Markets Authority has on its records 4953 registered financial advisers (RFA) and 454 authorised financial advisers (AFA). It expects the numbers to rise to 5000 and 2000 respectively by the regulation deadline, but that is still far less than the numbers the industry originally estimated.
AFAs and RFAs are considered “independents” compared to qualifying financial entity (QFE) advisers who are “locked” into giving advice on products they market. So far, the 63 QFEs on the register have an estimated 20,000 advisers among them.
Fidelity Life chief executive Milton Jennings said the decrease is not good for the insurance industry which is serviced by both RFAs and QFE advisers, and the retail investment industry which is covered by AFAs.
“We’ve got an underinsurance problem in this country. Less people selling insurance will only make the problem worse.”
He said the lack of independent financial advisers tilts the insurance market to favour banks that “are getting far better in insuring people”.
It will split the market with “RFAs on the high-end side of the advice market and banks in the transactional volume end of the market with the simpler type of products”.
Jennings said the Government was expecting 5000 AFAs but “there’s not even 2000 right now” because many advisers stop at the entry RFA level even if they could get to AFA status because of the cost.
“There’s a lot of compliance they have to go through, a lot of costs and unless they’ve got a strong business then they’d find it difficult to make good money,” Jennings said.
When you compare the 2000 AFAs expected by July and the 1.7 million KiwiSaver members, Jennings said it’s like “having one AFA for every 800 to 1000 people” – which is not in balance.
The FMA’s Mel Hewitson said “5000 was never a target, but an estimate made early in the FAA regime planning stages”.
“Not having available basic information like that is one of the problems we’re facing regulating a previously unregulated industry. In the past we’ve never known how many advisers were offering complex AFA-level advice for clients because there’s been no requirement to register or qualify before,” Hewitson said.
He said it had expected the qualification requirements of the new regime to reduce adviser numbers, “that was the experience in Australia as well”.

Hypo Venture Capital World Headlines

http://digg.com/news/business/hypo_venture_capital_world_headlines

Hypo Venture Capital Zurich Headlines:Pacquiao, Mosley weigh in for WBO title fight LAS VEGAS, Nevada — Manny Pacquiao, the Filipino congressman who holds two world titles, puts his World Boxing Organization title on the line when he meets Shane Mosley in a welterweight bout on Saturday. Pacquiao and challenger Mosley weighed in Friday for their title fight in front of a standing-room only crowd of about 6,500 at the MGM Grand Garden arena. Pacquiao, who is a 6-1 favorite, tipped the scales at 145 pounds and American Mosley was 147 pounds. The 32-year-old Pacquiao stripped off his red and blue track suit and stepped onto the scale wearing just his shorts and white socks as a roar went up from the mostly Filipino crowd. “I believe Shane Mosley is a good fighter and he trained his hardest for this fight so I have had to train even harder,” said Pacquiao, who is also the WBC super welterweight champion. 

Hypo Venture Capital Zurich: Try Investing In Foreign Markets For Exceptional Profits – HypoVen

http://digg.com/news/business/hypo_venture_capital_hypo_venture_capital_zurich_try_investing_in_foreign_markets_for_exceptional_profits_hypoven_investment_objective
Foreign markets have been mostly referred to as rising markets if anything, though a European marketplace is included. Foreign batch markets have been charity incomparable earnings than a U.S. batch marketplace for many of this decade, partly given they begin out during a reduce base. Investors unprotected to unfamiliar marketplace expansion intensity of a rising countries, can bound upon a high-return gravy train, so prolonged as they equivocate a float off a precipice that has happened mostly with rising marketplace stocks.

Here during Hypo Venture Capital Zurich, Switzerland we have been committed to charity a clients entrance to a ultimate as good as broadest operation of monetary services as good as products upon a market. We know that selecting a right strategy, a right investment as good as a right product is no easy charge in this day as good as age! Whether a advice, investments or monetary formulation we have been here to answer all your questions as good as promote all your monetary needs.

Foreign Markets Include BRIC as good as Feeder Countries

Some of a unfamiliar rising marketplace countries embody Brazil Russia, India, China, Vietnam, Taiwan, Israel, as good as even New Zealand as good as Australia can be included. Part of a captivate of multiform of these countries is that their altogether marketplace worth is significantly reduce than a US marketplace value. For example: trade a 5 dollar batch can suggest incomparable commission earnings formed upon a given collateral investment than a $50 batch given of a inlet of incomparable numbers contra not as big numbers.

Smaller numbers can enlarge some-more fast upon a commission basement than incomparable numbers with a given turn of investment. This actuality alone allows rising markets to suggest incomparable commission returns. For example, a complete US batch marketplace is valued over $21 trillion, where China’s complete batch marketplace is valued during we estimate $1.6 trillion. For a $21 trillion marketplace to stand in in worth to $42 trillion is a significantly some-more formidable attainment than a $1.6 trillion marketplace doubling to $3.2 trillion.

Foreign Emerging Markets with Manufacturing as good as Agricultural Power

Meanwhile a rising countries all have poignant rural prolongation as good as flourishing prolongation production. The turn of comprehensive prolongation is not as vicious as a expansion rate of a prolongation of assorted industries, both rural as good as manufacturing; given batch markets in a unfamiliar marketplace or an rising marketplace have been a destiny presaging device.

Foreign rising markets suggest poignant distinction intensity in a batch locus given their populations have been growing, mostly during a rate stand in or three times of a grown Western world, with a difference of Russia, additionally given they have been prolongation as good as flourishing agriculturally. Brazil, for example, has turn a single of a heading producers of cotton, corn, as good as soy even displacing a U.S. in a little markets.

One of a hurdles of investing in rising markets or unfamiliar markets is that these markets have significantly aloft marketplace sensitivity or risk. One process mitigating this risk is to occupy 15% stop loss, in all marketplace investments. With this stop detriment used for unfamiliar marketplace investing a extensive distinction intensity can be enjoyed whilst tying a contingent crashes that trouble unfamiliar rising markets frequently. Additionally, banking waste used to be a usual complaint with unfamiliar marketplace investing. The dollar for example has been shifting opposite many currencies, a worth of a unfamiliar banking has combined to a earnings upon unfamiliar marketplace investing. Ultimately, depending upon that markets we have been investing, with banking fluctuations it is probable to have income both upon a investment as good as upon a acclimatisation behind to your own currency.

Hypo Venture Capital Why Invest Offshore

http://www.sooperarticles.com/finance-articles/hypo-venture-capital-why-invest-offshore-201492.html

Here at Hypo Venture Capital we are committed to offering our clients access to the latest and broadest range of financial services and products on the market. We know that choosing the right strategy, the right investment and the right product is no easy task in this day and age! Whether its advice, investments or financial planning we are here to answer all your questions and facilitate all your financial needs
What are the benefits available to you from the world of offshore savings, investment, finance and banking?
Even in this day and age of enlightenment thanks to the pervasive nature of information dissemination via the internet, some people are still concerned about the legalities and legitimacy of the offshore world of finance and banking. For some reason others simply assume that onshore equates to a 'safe haven' for money and offshore equates to a 'risky tax haven.'
Well, you and I know that that is simply not the case! However, even though it is now clearer to more people that the offshore world holds many potential taxation benefits, there are still questions to be answered about why one should invest offshore and in this article we explore the benefits.
First things first...here's another myth I wish to dispel – some people say that offshore investments and bank accounts are more lightly regulated than their entity-type-counterparts onshore...now, that's not necessarily true!
Yes, certain jurisdictions give fund managers, bankers and investors pretty much free rein so that the rewards and risks are potentially far greater – but some jurisdictions are very highly regarded among financial professionals simply because of the incredibly high standards of protection they afford investors and account holders through insurance schemes and government regulation requirements for example:
The Isle of Man and the Channel Islands are examples of offshore jurisdictions where offshore investment and saving policy or bank account holders are afforded high levels of protection. Just taking the Isle of Man – it offers policyholder protection schemes, it also has the highest financial services rating issued by the OECD, FATF and FSF and it has an independent Financial Services Ombudsman scheme not to mention the fact that both Standard and Poor's and Moody's have given the Isle of Man AAA ratings.
So – myth dispelled, let's move on.
In terms of the benefits available when investing offshore they will always, always depend on the particular circumstances of the individual investor - but offshore financial services and structures can be used as part of an overall asset protection strategy for example, investing offshore can afford an investor greater flexibility in terms of international accessibility and the commodities, equities, derivatives, stocks, shares or companies they can invest in, plus there are of course sometimes significant taxation benefits available to an account holder depending on their countries of tax residence and domicile.
Other answers to the question posed by this article – namely 'why invest offshore?' – are because there are general benefits available including more efficient estate planning potential, privacy and confidentiality, better interest returns, the chance to exploit active business interests overseas in low or no tax locations and global access to assets and income.
So, while the internet has been fantastic in terms of allowing more people to become far more broadly informed - especially about subjects as seemingly taboo as all things offshore - it is still absolutely in a government's interests to avoid advising people that the offshore world is open and available to them because they may well lose out on taxation revenue as a result! This means it is up to independent websites such as World Financial Asset Advisory to give you free access to facts and general information and for you to then see how and why such information is or is not applicable to your own personal circumstances. At which stage you can then take specific and expert advice from a qualified individual as to how you can best utilize the offshore world.
And on that final note there is just one more thing to say! A potential investor (you) has to be absolutely sure that the actions they are about to take in terms of placing assets offshore will be of benefit to them. Additionally they need to make sure that they are acting legally, that a company they are entrusting with their money is legitimate and that they understand the risks associated with their decisions.
To that end we at Hypo Venture Capital will always advise that you should to do your own due diligence on the jurisdiction recommended to you or chosen by you, the company you are considering investing or banking with and the policy or account you are taking out. Common sense is the main key to ensuring you do not make a mistake when entering the world of offshore finance and common sense is something we here at Hypo Venture Capital pride ourselves on!

Hypo Venture Capital Zurich Headlines: Surprise boost to retail sales unlikely to hold

http://www.free-press-release.com/news-hypo-venture-capital-zurich-headlines-surprise-boost-to-retail-sales-unlikely-to-hold-1306835754.html

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UK retail sales spiked in April after weaker data the month before, but experts warned it was likely a temporary boost due to a later Easter, warmer weather and the “royal wedding effect”.




FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 31, 2011 --
By: Esther Armstrong

http://www.iii.co.uk/articles/15519/cautious-response-retail-sales-dents-pound

UK retail sales spiked in April after weaker data the month before, but experts warned it was likely a temporary boost due to a later Easter, warmer weather and the “royal wedding effect”.

Food and clothing sales led to a 1.1% jump in sales volumes, which represented a 2.8% increase year-on-year.
But experts said last month’s bounce on the high street was aided by what the Office for National Statistics (ONS) termed “unusual events” and would likely peter off next month.

Howard Archer, chief European and UK economist at IHS Global Insight, said: “While welcome, we strongly doubt that the 1.1% jump in retail sales volumes in April is a sign that the consumer is roaring back to life. Rather, what it suggests is that pressurised customers need a particularly favourable set of circumstances to part with their cash.”
He said this is demonstrated by the relatively muted increase of 0.2% in the three months to April compared to the three months to January.
But Vicky Redwood, senior UK economist at Capital Economics, pointed out the ONS figures do adjust for the Easter timing effects unlike the British Retail Consortium measure of sales, so the strength does not just reflect the later fall of the Christian festival.

She admitted the warmest April on record and the extra Bank Holiday will have made a difference, but added: “Not all sectors benefited from the warm weather. For example, sales in ‘other’ (including department stores) fell. Indeed overall non-food sales rose by only 0.4% month on month.
“What’s more, if the warm weather and Royal Wedding encouraged people to eat and drink at home, rather than go out, then the strength of retail sales in April may just have been offset by weaker spending on consumer services.”
Back in March, retail sales showed a 0.4% rise month-on-month and an increase of 0.9% year-on-year.
Sterling’s reaction
Like the experts, it seemed the markets too were sceptical of April’s figures. While the FTSE 100 regained earlier losses by Thursday lunchtime, the pound only marginally strengthened against the euro and dollar.

Richard Driver, currency analyst at CaxtonFX, said: “Sterling has made some gains in response, but not as much as you’d normally expect with such an impressive figure. Gains have been limited by a broader view that the UK economy is in pretty poor shape, and this is the key obstacle to a Bank of England rate rise this year.”
Nida Ali, economic adviser to the Ernst & Young ITEM Club, agreed: “The broader picture of a weak consumer outlook remains unchanged. High inflation is eroding real incomes and the labour market remains weak.”

Hypo Venture Capital Headlines:Israel’s Fischer interested in IMF job

http://hypoventurecapital-news.com/2011/06/hypo-venture-capital-headlinesisraels-fischer-interested-in-imf-job/
JERUSALEM — Israel’s central bank chief, Stanley Fischer, is interested in the top job at the International Monetary Fund and has received a number of phone calls in recent days from around the world encouraging him to apply, a person familiar with the banker’s thinking told The Associated Press on Sunday.
The person said Fischer has not decided whether to pursue the job and has no desire to leave his current post, but would have a hard time saying no to the IMF. “If the opportunity comes along, he will take it,” said the person.
He spoke on condition of anonymity because Fischer is still weighing his options. He said he expects Fischer to make a decision within the next two weeks.
Fischer, an internationally respected economist, held the No. 2 position at the IMF during the 1990s and is well acquainted with the workings of the fund.
Born in Zambia and educated at the London School of Economics and Massachusetts Institute of Technology, he also has held top jobs at the World Bank and at Citigroup Corp.
Fischer came to Israel in 2005 to take the post of governor of the Bank of Israel. He has been widely credited with enabling the country to largely escape the global economic crisis. Unemployment in Israel is just over 6 percent, and the real estate sector is booming.
Last year, he was appointed to a second five-year term.
Fischer has received phone calls from top IMF officials and officials from major finance ministries around the world encouraging him to seek the post, the person said. He refused to identify the countries or officials.
The post has traditionally gone to a European, and French Finance Minister Christine Lagarde has emerged as the front-runner. Developing nations have argued that someone from another region should be considered.
The IMF’s last director, Dominique Strauss-Kahn, quit this month after he was accused of attempting to rape a New York hotel maid.