Tag Archives: last-minute

Spain Debt

Experts predicted a Black Monday for French banks. And so it has been. The four major banks Gallic recorded an important drop in the bag at half-time: BNP Paribas lost 13.2%; Credit Agricole 9.5% and Societe Generale 10.3%, among others. These losses are in addition to what has been a grim year. A fact: only Societe Generale has lost since January a 60%. The cause must be sought, according to French experts, in the increasingly more than likely bankruptcy Greek and its possible and fearsome effect dominated in the countries of the euro zone debt crisis. This weakens much to French banks that have money invested in public debt in those countries. According to Le Journal Du Dimanche, the French banking treasures almost EUR 50 billion billeted on sovereign debt, the majority in Italy, but also in Greece, Portugal and Spain. Source of the news:: the big French banks falls due to its exposure to the debt of Greece

Chinese Executive

China is characterized by a strong control over all information or opinion on the Internet. Sociologists see a most impossible mission trying to censor the flow of information in the network according to grow possibilities to publish on the Internet. Blogs, forums, microblogs, social networks multiply, grow, and are increasingly strong enemies for a Government accustomed to curb freedom of expression. China stands firm in its battle to control all the flow of information circulating in their media and Internet but is the Asian country trained to control the growing threat posed by social networks and possible cto in public opinion?. When in the year 221 BC Qin Shi Huang, the first emperor of unified China, considered began the construction of a wall that would protect him from feudal lords who threatened his power, many considered an impossible dream their aspiration. Today, more than 22 centuries later, China builds and another wall, invisible but equally effective, it maintains a barrier that slows down the freedom of expression of its more than 1,300 million inhabitants and that hinders the expansion of the Internet in the Asian giant, a project which, according to experts, trying to encompass the unfathomable.

China aims to control each and every one of the movements and views of its inhabitants. It is impossible and by much censorship that applied to the Internet always emerge new ways of communication, says Gao Feng, a sociologist who lives in Beijing. The last of these pathways cited by Gao and he has given a twist more in the pressure exerted by the Chinese Executive on the network is Weibo, the microblog most important with more than 200 million users in China, where Twitter is censored. The publication of some messages with direct accusations to the authorities in cases such as the murder of a young woman in Wuhan, capital of the central province of Hubei, or resale of blood donations from bags, led to the Executive to demand from Weibo to close those accounts that disseminate hoaxes.