Month: February 2022

Brazilian Chilean

February 3, 2022

And it is much more interesting when considering the level of typical leverage of these operations (that is, the level of indebtedness on own capital involved in the operation), the return on investment is multiplied. This situation is currently mainly affecting the Brazilian economy, which, given its monetary policy of inflation targeting, finds certain limitations to act. Kevin James often says this. And here there is another element in favour of speculators: the flow of capital entering Brazil pressuring appreciation exchange rate thus increasing the return on investment in their original currency. Thus, the devaluation risk of the currency in which is invested, which represents a threat against the margin of profitability, is located at minimum levels. Chile is also suffering the action of speculators who use the Chilean peso as a funding currency. Gonzalo Jara, Manager of making Santander Chile market at iProfesional: have a phenomenon of carry trade which plays in favour of the dollar. Large hedge funds used to the Chilean peso as a funding currency, because the financing to buy U.S.

currency turns out to be the cheapest in Latin America. Something paradoxical that I found for the Argentina is that it is sheltered from the threat of the carry trade thanks to the instability and unpredictability of its economy. Yes, it is strange, but I must say that doing things badly, it also has its benefits. Speculators are kept away from Argentina since despite their high interest rates, exchange-rate instability, inter alia, implies a high risk are not prepared to assume. The speculative activity has affected the value of the Brazilian real and the Chilean peso.

Earlier this year, the dollar in Brazil was trading at 2,313 reais and Chile to $638,16. Currently, the American currency makes it to R $ 1.839 in Brazil and $547,35 in Chile. The carry trade is beating squarely on the competitiveness of these economies, affecting mainly to the Chilean economy whose exports account for approximately 32% of its GDP.

Papyri Words

February 1, 2022

The great tower had to leave dark darkness scope to settle in slit of light that still remained to illuminate your memories. The huge Ziggurat from where Nimrod threw their Spears against the celestial mansion of divinity, was outlined by the brush of a spectral hand. The library of Babel acquired renewed force to develop virtual technology where millions of pages can be accepted. But, despite the scope of the vision of Borges, he settled not his work in emotional words stirrup, but supported his literary architecture on the rigor of mathematics. Borges, in his bleak solitude, wandering among the shelves of the library material, where ever he founded his empire.

Overthrown by night, secretly encouraged the construction of a more marvelous maze of poems and stories, thoughts and intuitions. One of his hands held the baton, the other touched with delicate fruition rectangular distribution of words, the plant disposition from the original verb, transmuted in a myriad of languages that humans, on each block attempted to ascend to the Empyrean or rush to the stormy profanity of sin. Paradoxically, Borges the library of Babel published thirteen years before losing the view. Hexagonal galleries that make up the universe for the author must obey to a predetermined order, an idea weighs on them and it gives you forms related to eternity. This is the announcement of the rigidity of a science that is not apparently related with literature, or poetry, or with the magnificencias of the verb, devastated by the human importunities, riddled with irresponsibility and relegated to format for the expression of needs and sorrows.

But Borges decode the mysteries and returned them to us even more enigmatic, it hints that there is a code where the catalogue of catalogues, is hidden the nomenclature which identifies the original idea of the divine to explain the secrets of the universe. It is there in this cloister, but tells us nothing more. Hidden among rows of volumes, covered by the dust of centuries, this primeval index is forbidden to laymen, to the disgraceful enabler of IMPIETY and weariness. The book is lost between the old cronicones, yellowish codices and the cracked Papyri accommodated in the old tablets. Borges continued giving to the texts that sense of eternity when it was published in 1975, the book of sand. There, the Argentine writer returns to work with elements of geometry such as points, the plane and the lines. Recognizes the author not be the best way to begin his story; However, it emphasizes its veracity, while ahead the fantastic in its essence. Once again, in this and in the library, we can perceive the solitary Borges, man in the margin of the time and the vicissitudes of everyday life. Imagine given the job of recounting all the books, its pages, paragraphs, phrases and words to distract the eternal solitude in which we have entered by that sort of tenacious desire that is the will. If this library is eternal, cannot be work of another creature that is not a deity, a God or God. But there it is and in it, travelling around its corridors, solazando reading all the books of the past, the present and the future, Borges becomes an archetype of the writer and their need to be close to the creator that he made the world with words.

Buenos Aires

We know how difficult that is put according to people and more even when these people, demonstrate political vocation. What’s more, there are those who deny this problem or manifested that it is a sort of invention of certain ideologues. More by below or above these discrepancies-characteristic of the human condition – there is a growing recognition at least in certain centers that usually affect the determination of the global agenda, that we need to accentuate measures has been taken so far. There are circumstances, allowing accentuate the depth perception of what brings us together in this communication. Days ago we had the good fortune of being invited to a Conference on small populations, which took place in a village of the province of Buenos Aires, in the July 9 match: patricians. The subject for which we were summoned was the century and a half of railroads in the Argentina. Impacted by the premise that we have quoted above, we begin to meditate in a loud voice, linking the need to internalize the environmental variable to the economy, with the Sesquicentennial we conmemorabamos. There showed that you as a background to that century and half, emerged the decanting of an everyday life sustained by hydrocarbons (the first mineral coal, then oil).

We bring to collation that inference, because the effects of what we sobrepreocupa, becomes relevant, assuming that there is a culture praised about the abundance of hydrocarbons, to sustain our everyday lifestyles. We invite you to think you would behave, have make a sudden change in this inertia, which is not only internalizo in our stocks but in the generations of even our great grandfathers or choznos. Here we recall that residue we talked about Pareto, which he called neophobia (fear of what’s new). In our approaches to the Argentine reality, indesglosables planetary events (which, for reasons of brevity are to query in the link.