HSBC decreases cheque guarantee limit

The bank HSBC is descreasing the cheque limit on some of its customers' debit cards. Today around 300,000 customers have a £250 limit on their cards and the idea is reduced to £100. According to the bank this decision will cut losses from cheque fraud and discourage people from spending money that they didn't have. Nowadays many retailers on the market don’t accept cheques. HSBC said there was no particular problem with its cards being misused among its 10 million current account customers in the UK. The decision will affected consumers that typically asked in the past for a cheque guarantee limit that was larger.

UK industry recovery

This mounth is the fisrt time at one year plus one trimester that the index Purchasing Manager’s from the the Chartered Institute of Purchasing and Supply (CIPS) was positive. According to the CIPS were signes indicates that the UK industry may coming out of recession. In the first three months of this year the level of the sector in GPD decreases. Probably this level will increase for the rest of the year.David Noble, chied executive of the Chartered Institute of Purchasing and Supply said that afetr months of gloom and doom there are some signs of relief fo the UK manufacturing sector. For four consecutive month The headline manufacturing PMI had a improved in your index and today it is in 45.4.

Source: http://news.bbc.co.uk/2/hi/business/8128265.stm

Computer's Sales

According to the numbers of iSuppli noticed today happened a fall of Personal Computer sales. This was the biggest fall, since whne iSuppli started analyze the coomputer’s market. Had been sell 66, 5 millions on the first months of 2009. Last year, this number was 72,3 millions. If compared with the final last year the fall is bigger than this year: 14,4%. Were the desktops that influenced negative in the result: had a fall of 23%. On the order hand the number of portable computers like netbooks and notebooks increased and has a sales of 10% more than last year.
The market of chips and servers were with problems too. The first will be a decrease more than 21,3% on sales and the second 24%. The main explanation to shareholders of IT enterprises is the crises that decrease the consumption of merchandise superfluous products like electronics.

Source: http://info.abril.uol.com.br/noticias/mercado/vendas-de-pcs-caem-8-22062009-39.shl

Balance of the profit

The profit of the Banks that acts on Brazil decrease 39%. This information is compared with the first tree months of 2008 and was reported by the Central Bank with data based on the balances of the financial institutions. The profit decreases from R$12,3 billions to R$7,5 billions. According to the Central Bank the situation doesn’t worries. A study with some simulations shows that if the turbulences aggravate in a next future, the financial system can survive. The analysis was made through on a simulation that shows as the banks would react in the case of brusque oscillations in the exchange, the interests and the insolvency. The study is limited because doesn’t show the individual situation of each bank and considers parameters that are far from the reality.

Source: http://www1.folha.uol.com.br/folha/dinheiro/ult91u580531.shtml
Access: 06 14 2008

Recession and Brazil's economy

According to the economists, a recession is characterized when a Country has two consecutive trimesters with negative growth. On the last three months of 2008 Brazil had a contract in its economy by 3.8%. IN the first trimester of 2009 Brazil had its economy contracted by 0.8%. Therefore our country is on the crisis. The Ibovespa stock market index has been reaching levels not seen since before the global financial crisis. The globalization has its terrible face when a economy of the most important country around the world decrease. In the other hand Brazil is seen with an optimistical form by the foreign entrepreneurs, putting money into Brazil recently in the hope that its economy will recover more quickly than other countries.

Source: http://news.bbc.co.uk/2/hi/business/8091632.stm

Blocker

HONG KONG, China (CNN) – Next July 1, all computers sold in China will have a software that blocks “harmful” content, mainly when sailing though The Internet. This software called “Green Dam” and is able to block pornography contents. This program probably will preload on hardware or records on midias likes DVD’s and CD’s . The blocker is a producet by Jinhui Computer System Engineering CO., with . The software is a kind of firewall on Internet, very seemly with the parental control and will be updated as a antivirus updates.

Source - See the follow URL: http://edition.cnn.com/2009/BUSINESS/06/08/china.software/index.html

Minc versus agrobusiness

The relations between the agribusiness and the environment’s minister, Carlos Minc, already was bad, now get worse than. Yestarday, in Brasilia, the minister said that large state owner were intend to defend the familiar agriculture. “It’s a chat to ox sleep”, said Minc. The agricultural group of the legislative’s power too appealed. The member of the house Ronaldo Caiado was unfortunate spoke that Minc was accustomed to use tthis type of speaks in Borel and Rocinha. The Nacional Agricultural Confederation header by the senator Kátia Abreu send a report noticed that Minc is disqualified to occupy his position. What motivated the insults was that the minister don’t know that the proposal of governments representative’s with social movement’s of the field already had been published. The proposal say that environments and work’s questions are considering to land dispossession destined to the agrarian reforrn. According to report this was more one chapter on dispute between Minc and agrobusiness.

See the follow URL:

http://portalexame.abril.com.br/blogs/mundoagro/20090528_listar_dia.shtml?permalink=170530