Monday, February 15, 2010

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ENERGY, CHINA SOVEREIGN FUND MAKES THE COURT TO' ENEL AND THE 'ENI

DA "Il Corriere della Sera"
February 3, 2010
VISIT TO ROME IN THE NUMBER OF CHINA ONE CORPORATION
ACCOUNTS: ORDINARY MEETING. PLANS FOR RENEWABLE
MILAN-Si are seen for the first time in China six months ago. And on Monday Bruno Conti e Low Jiwei si sono incontrati di nuovo. Per parlare di investimenti. Jiwei, numero uno della China Investment Corporation, il fondo sovrano della Repubblica cinese,è interessato a investire in Italia. E tra gli obiettivi ci sarebbero, oltre all' Enel, Eni e Generali, secondo i rumors. Ma i cinesi hanno aperto un dossier anche sulla Cassa Depositi e Prestiti e starebbero studiando l'accordo quadro di cooperazione economica siglato da Cdp con le omologhe francese e tedesca che ha portato alla nascita del Fondo Margherite per le infrastrutture. Nella sua visita romana Jiwei ha incontrato anche i vertici della Cdp. Ma è quello con l'Enel ad aver scatenato la curiosità degli osservatori, che evidentemente ritengono probabile a questo punto un ingresso della Cic nel gruppo guidato da Conti. Il quale, intercettato alla cerimonia per la firma del protocollo d'intesa per i "porti verdi" di Venezia e La Spezia, ha ammesso di avere avuto un faccia a faccia con Jiwei, al quale era presente anche il direttore fimanziario dell' Enel, Luigi Ferraris, derubricando tuttavia l' incontro a " parte normale della mia attività".
Dal gruppo elettrico non è filtrato nulla circa i contenuti del colloquio, ma sembra che più che all'Enel il fondo sovrano cinese sarebbe interessato a Enel green Power, la controllata nelle energìe rinnovabili per la quale è in corso un processo di valorizzsazione che potrebbe portare alla quotazione in Borsa dopo l' estate. Conti non ha mai escluso 's opening of the capital to other investors such as private equity. In this case it would take on a sovereign wealth fund, namely the Chinese, which in terms of financial support that can ensure the plans for the development of Green Power is even better. A figure
ufflciale has never been revealed but it is argued that CIC would have at least $ 300 billion to invest. And, as the 'number one objective of the' Enel is just what the market to find the necessary funds to develop the business of the subsidiary, the Chinese sovereign wealth fund could be the perfect partner. Jiwei, however, had entered into commitments with Conti. And the electric group that exclude the China Investment Corporation Enel has already bought shares. Of course the visit to Italy el 'meeting in Rome on Monday shows that there is interest in the energy sector and in particular for renewable energy. Theme of the number one in the group spoke yesterday during presentazoione protocol for the "green ports". Commenting on the reduction of incentives for photovoltaic Conti explained that he agreed: "I think it is accompanied by the reduction of incentives to 'increase of' efficiency. The technology is making progress: As you progress in the 'efficiency' s system seems to me natural and right that the prices adjust to the advantage that the technologies offer. "
The manager then ruled that the sviliuppo 's nuclear power may come at the expense of renewables. "The one other non-sclude said-and all together are needed." Water, wind and sun, he added, "give us 2000 hours the 'year of availability. How can the rest of the time? Other countries use nuclear power as a supplement, have a balanced approach."
FEDERICO DE ROSA

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China away from the dollar and strengths


FROM "THE REST OF CARLINO" January 31, 2010 LETTER FROM SHANGHAI
ALBERTO Forchielli

After surpassed South Africa in 2007 to become the largest producer of gold, in 2009 China has overtaken India in the supremacy of the largest consumer. If the forecast specialists will be confirmed, the demand will exceed 450 tonnes. China mainly buys the gold extracted from their mines. World production is in fact decreasing, while the territories of Beijing continue uninterruptedly to dissect the yellow metal. They do not suffer the high costs of administration to ensure that investments to streamline processes, thanks to the joint venture with foreign companies, are effective. Production in 2009 rose by 15% compared to previous year '.

demand is mainly due to hoarding by the Central Bank. Although the component of its total gold reserves is very low (less than 2% compared to a world average of 10%) its value is almost radoppiato since 2003. Significant increase the demand for 'industrial use. New technologies will require an increasing amount for the external protection of space satellites and for the connectivity of microprocessors. Even the personal purchases of gold increased in 2009. At the end of 2009 the gold price was steadily above $ 1,200 an ounce, compared to the 800 beginning of the year. The value of the dollar is falling and the profitability to hold the green currency is increasingly uncertain. Return to 'gold indicates a decline of' traditional investment in the currencies, including the expectations of a revaluation of the renminbi.

Central Banks, the major holders of gold, have reduced the practice of selling since 2005. According to the World Gold Council in 2009, for the first time in 21 years, central banks were net buyers of gold, and China has led the ranking by adding 454 tonnes to its coffers.

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affecting OR CONSUMPTION OF GOODS IN CHINA HIGH-END FOR THE FIRST TIME IN MORE THAN ONE OF U.S. AND EU

FROM "Il Corriere della Sera on January 22, 2010

OF FREDERICK FUBINI

For some it was the big culprit of the financial crisis and the 'impoverishment of the middle classes, from the Midwest to the Northeast, because of what did not. China exports, it did not matter. Produced, but does not include consuming the products of others. The proverbial avarice of the Asian giant, whose 2400 billions of dollars of reserves are the 'emblem, would compromise the balance of the' global economy and the European welfare as much as his aggression merchant. If that was the 'established idea, now maybe it's about to change. The new importance of China could emerge in a rather odd overtaking, scored during the toughest recession in the market for luxury goods demand the People's Republic has overtaken that of Europe and America combined.
not necessarily be sustainable in a pass time, because consumers in advanced countries will be back sooner or later to rise. But the calculations, rebounded yesterday on the "Global Strategy Conference 2010" at Goldman Sachs in Palazzo Mezzanotte, are certainly the light of a more general trend. For many consumer goods, China is rapidly becoming the first or one of the first buyers in the world and not just a low-cost provider: 's exit from the crisis has also revolutionized this hierarchy. Shopping primarily concerns the status symbol of the new middle classes: cars, televisions next generation, the 'consumer electronics.
Goldman Sachs note so that emerging Asia is now the point of delivery by 43% of all mobile phones that are sold in the world (Europe 13%, U.S. 12% Japan 5% ). As for the personal computer, emerging Asia now accounts for 28% of world demand while Japan has 5% and 'Europe and the United States both traveling at 23%.
Even on LCD TVs trends traveling around the same size and sorprasso of China on the United States as the first car market is no longer just a statistical curiosity: For General Motors, whose sales rose in the People's Republic of by 66% and 30% collapsed in America, is a promise of rebirth.
The result is that retail sales in the new Asian giant rose by more than 60 million dollars from the 'beginning of 2007 to the end of 2009. In those three years, marked by the great recession in the United States have fallen by forty miliaardi.
China So have the ability to become a locomotive of global growth, no longer a threat to living standards of the countries of the (dissolved) G7. In truth his work has already begun to drop: from 2000 to 2008 has already contributed nearly 20% of global demand and growth, more than it did Euroland. The big question in the coming years is therefore not whether China will more or not to buy products from the rest of the world. And 'how to produce something that the Chinese want to buy. But for the 'Italy, until 2008, only 7% of' exports were directed towards emerging countries.
FEDERICO FUBINI

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Segafredo Zanetti SpA Enters India


CAV. DOTT. JACOB ROSE
Director - Business Development
ITALTEC CONSULTING PVT LTD.
ITALY'S BRIDGE TO INDIA


Premium Italian coffee chain Segafredo Zanetti has chalked out plans to enter the Indian market. The coffee chain will set up close to 25 coffee shops in the next three years. Of these, six will be opened in the national capital region (NCR) in the calendar year 2010.The company has tied up with the Delhi-based Xenia Foods in an exclusive franchisee agreement.

"The total investment will be around Rs 250 Million (Euro 3.84 Million) and we will invest close to Rs 10 to 15 Million (Euro 230.000 app.) per store," Nitin Mayor, director Xenia Foods told. Mayor added that the average size of the store would be around 1,400 sq ft (140 Sq M app.) and the company is opting only for the revenue share model for the rentals.

"We expect the rentals to account for 30-35 per cent of our total operational cost." "All coffee brewed at our outlets will be imported which had been grown in South America and roasted in Europe, making the coffee sold at our outlets premium as compared to those sold at other similar such outlets," Mayor said.

Friday, February 12, 2010

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January 26: the day the 60th anniversary of the Constitution, India celebrates es'interroga.


In un sistema come quello Indian evolves with a rush towards modernity, and the fundamental laws of the state of democracy are the elements that provide a quick path towards a positive though not complete social and economic integration.

Every year, January 26, the Indians sit in front of the TV and watch the grand celebration of Republic Day parade, a witness to the unity of the country.
But nestled in the substrate of the various sub-regional and regional identities, languages, castes and religions, the barriers that people erect between them still reduce the 'unity in diversity "or create, in the opinion of many, the conditions to lead the nation to integrate increasingly international in the large?
This year, with the celebration of the 60th anniversary of the entry into force of the Constitution is even more alive the debate moved from the need to feel truly Republic.
The Constitution of the Indian Union was initially drafted by a Constituent Assembly elected in 1943 limited and indirect for all domains Indians of the British crown, but then effectively made operational only for the Indian Union since independence occurred August 15, 1947.
On 29 August 1947, the Assembly appointed a Drafting Committee under the chairmanship of Dr. Ambedkar and approved November 26, 1949 the new Constitution which came into force on January 26, 1950. In the scenario of constitutionalism
Asia, the use of a Constituent Assembly for the drafting of a Constitution is, even today, more the exception than the rule.
Inspired by European models such as the Government of India in 1935 - law passed by the British Parliament - and the Irish Constitution, it entrusts the executive, legislative and judiciary is central to the state that the individual federal states, while keeping in-chief to the central government , by the Supreme Court the power to annul acts of the legislative and executive authority of individual member states, giving in this way is for the unit.
entry into force of the Constitution consisted of 345 products. Subsequent amendments have expanded the content bringing it to the current 395 items. In the architecture
constitutional designed for the "largest democracy in the world" by the founding fathers, the role of law clothed, and plays a key requirement for the success of this project. But the laws are not carved in stone: they can, must change to reflect the changing times and new realities.
And, indeed, the past 60 years have seen the Indian law to adapt to changes in the course, through the entry into force of the Act defines "milestones" for the nation such as agrarian reform, social reform towards the Scheduled Castes (so-called untouchables) and Scheduled Tribes, the redrawing of the political map with the creation of the state of Andhra Pradesh in 1956, of Maharastra in 1960, until the next new federal state of Telangana The reform of customs Hindu (The Hindu Marriage Act in 1955, abolished polygamy and introduced the concept of divorce), special laws for Muslims, ending with the National Rural Employment Guarantee Act of 2005 which laid the basis for more ambitious action welfare of the entire history of the Indian republic.
However, even today, the major newspapers of the country is wondering about what the public perception celebration of Republic Day, considered the poor cousin of August 15 (indipedente Day) for a large majority the Republic Day, as Independence Day, they are simply working days of vacation.
In reality, the Republic Day is a complex phenomenon as it celebrates a very important aspect of freedom, namely the one concerning the political sphere: the freedom from monarchical hierarchy. On that day inaugurates the quest for a meritocratic society. Gradually, little by little, thanks to this path, they pulled down old hierarchies - monarchical privilege, a caste-based system, unequal access to law and justice.
This process, according to many Indian commentators, however, is incomplete. The families of Re were replaced by political dynasties, the law is equal to over a billion Indians and duecentomilioni but the system is slow and very picky, and the difference of caste has not been entirely abolished. However, no one can really say that today, compared to January 25, 1950, Indian society is less free and no hierarchies. This is the real importance of the Republican revolution. It can not cease, it can only benefit by the advance of time, as wisely said Kiram Tirumalasetti, lawyer to the Hight Court of Andhra Pradesh, "India will overcame."

Oriana Bielli


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the fundamental pillars of the Indian state THE TEST OF TIME.
The Indian state, with the proclamation of the republic, was based on three fundamental pillars of secularism (lay '), socialism and nonalignment. However, as S. Nihal Singh's remarks in a commentary published in the celebrations on the Deccan Chronicle 26.01.2010, the "non-alignment" has lost its relevance with the disintegration of the Soviet Union and the end of the Cold War, socialism has been superseded by globalization and consumerism and secularism survives in a condition called "battered".

Monday, February 8, 2010

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Human Resources Support to Italian companies in India

ITALTECH CONSULTING PVT LTD.
ITALY'S BRIDGE TO INDIA
B 15 SECTOR 14 NOIDA 201301. UP.
INDIA Tel +91 120 4266353, 54 Fax +91120 4266354

With the start of the new year 2010, Italtec Consulting announces the launch of its new service to provide a 'full support in recruitment of staff for Italian companies in India.
In order to fulfill its corporate mission to provide 360 \u200b\u200bdegrees of support to Italian companies, Italtec Consulting together with its group of companies associated with human resources, began to assist Italian companies in the recruitment of project staff in India. The assumption can be at any level in the company.
Italian companies interested just give us a profile of the candidate you want. We study our database, we make the short list of candidates selected and invited Italian companies to visit India to interview candidates and hire the candidate selected. We also assist in drawing up contracts for Indian candidates.