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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Seeker of Truth who wrote (10600)	10/26/2006 4:21:49 AM
From: elmatador	Respond to of 218441

The wheel turns like that: China leverages its cheap labor to export, needs lots of raw materials, sends money to LATAM, whose market, in its turn, keeps growing, European companies that bought operations there, on the cheap, back in late 90s' profits, and invest there... Telefónica plans to invest US$12.5bn in LatAm through 2009 Spanish telecoms giant Telefónica plans to invest US$12.5 billion in Latin America through 2009, Telefónica's chairman César Alierta said during a conference in Barcelona, Spain. A company spokesman said the investment would be split roughly between fixed line and mobile infrastructure, international press reported. Alierta said that 56% of TEF's clients were based in Latin America, 22% in Spain and the remainder in the rest of Europe. "Telefónica is very grateful to Latin America, where we have invested 42bn euros (US$52.5bn). We have as many clients as we do today and have grown to the size we now have, thanks to Latin America," Alierta was reported as saying. "In the fixed line services segment, investment will be mainly directed to broadband internet given that this service will be essential for providing IPTV, once the regulators allow it," Signals Consulting's VP Juan Gnius told BNamericas. Gnius added that this investment plan places Telefónica as a long-term investor in the Latin American region. Earlier this week, TEF announced plans to invest US$1.5bn in its Chilean unit through 2009, mostly in networks and infrastructure. "We believe broadband penetration in Chile could reach approximately 23% by year-end, becoming by far the highest penetration in the region, and the goal is to continue growing," Alierta said. BNAmericas.com

To: Seeker of Truth who wrote (10600)	10/26/2006 5:58:45 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 218441

<You talk about "Chinese murderous cruelty". This says to me that you are saying murderous cruelty is a typical characteristic of Chinese people. Why not say communist?> Because China isn't communist now. It's capitalist [sort of]. Or, totalitarian. Anyway, I was discussing CHINESE cruelty and murder, not Soviet or other totalitarianists. That's because TJ goes on about China this and China that and how Taiwan's annexation is inevitable and Tibetan murders are okay [and "hey, everyone's doing it"]. Things of China are Chinese. Because the general culture is murderous totalitarianism doesn't mean all Chinese people are like that. You are being racist to suggest that because a generalisation is true, it's true in specific instances for individuals. Such racism is not acceptable and I'm surprised that you would be so racist. I thought some of your best friends are Chinese. You yourself have warned me against possibly slightly getting persons from SI in trouble with the Chinese totalitarians. So I gather you agree with me that by comparison with say Japanese, American or British governments, the Chinese are murderously dangerous. Or maybe you meant he'd get a $10 fine for failing to idolize the Great Leaders of Beijing. You didn't mean that. You meant he might be disappeared. Mqurice PS: You did use "racist" before me, but I used it twice. And have used it lots of times. You also did the first post to me, so I should have a right of reply and be able to claim use of "racist" too. I have now used "racist" four times. No, make that 5! That means I win.