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To: TobagoJack who wrote (52856)7/29/2009 1:46:02 PM
From: Bert  Read Replies (1) | Respond to of 217580
 
arxiv.org



To: TobagoJack who wrote (52856)7/29/2009 2:23:21 PM
From: elmatador  Read Replies (1) | Respond to of 217580
 
Brazil offshore bank deposits surge-report. USD deflection...

Brazil offshore bank deposits surge-report
Wed Jul 29, 2009 10:53am EDT Email | Print | Share| Reprints | Single Page[-] Text [+]

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More Business & Investing News... SAO PAULO, July 29 (Reuters) - The offshore subsidiaries of Brazilian banks are seeing a surge in U.S. dollar deposits by the nation's companies, which are keeping their export revenue out of the country, the newspaper Valor Economico reported on Wednesday.

Offshore subsidiaries of Banco do Brasil (BBAS3.SA), the largest Brazilian state commercial lender, saw deposits by companies rise tenfold to $4 billion in the 12 months through June, mainly because managers were allowed by a new law to keep all export revenue outside the country indefinitely, Valor said.

The Brazilian government implemented the measure in March 2008 to fend off a flood of U.S. dollars into the country that pushed the real BRBY, Brazil's currency, near a nine-year-high.

It has become more convenient for companies to keep their money outside Brazil as the real has strengthened against the dollar since April, when concern over the extent and size of the credit crisis eased. Exporters have complained that their revenue from exports has declined considerably, when translated into the local currency, because of the global drop of the dollar.

Corporate accounts at the New York and Nassau branches of Itau Unibanco (ITUB4.SA), Brazil's largest bank by assets, have risen tenfold since January 2008, with the value of deposits up 150 percent, Itau director Mario Brugnetti told Valor Economico.

Allan Tolledo Simoes, Banco do Brasil's vice president for international business, was quoted by the newspaper as saying the credit crisis sparked uncertainty over the future of some European and U.S. lenders, aiding the migration to offshore deposits.

Brazilian banks reported total offshore deposits of $13.2 billion in the first half of 2009, according to central bank data released on Tuesday. (Reporting by Guillermo Parra-Bernal; editing by John Wallace)



To: TobagoJack who wrote (52856)7/29/2009 2:34:07 PM
From: carranza2  Read Replies (1) | Respond to of 217580
 
Interesting article for all you parents of girls.

timesonline.co.uk

The Sunday Times July 26, 2009

Women are getting more beautifulJonathan Leake, Science Editor
115 Comments
Recommend? (80)
FOR the female half of the population, it may bring a satisfied smile. Scientists have found that evolution is driving women to become ever more beautiful, while men remain as aesthetically unappealing as their caveman ancestors.

The researchers have found beautiful women have more children than their plainer counterparts and that a higher proportion of those children are female. Those daughters, once adult, also tend to be attractive and so repeat the pattern.

Over generations, the scientists argue, this has led to women becoming steadily more aesthetically pleasing, a “beauty race” that is still on. The findings have emerged from a series of studies of physical attractiveness and its links to reproductive success in humans.

In a study released last week, Markus Jokela, a researcher at the University of Helsinki, found beautiful women had up to 16% more children than their plainer counterparts. He used data gathered in America, in which 1,244 women and 997 men were followed through four decades of life. Their attractiveness was assessed from photographs taken during the study, which also collected data on the number of children they had.

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This builds on previous work by Satoshi Kanazawa, an evolutionary psychologist at the London School of Economics, who found that good-looking parents were far more likely to conceive daughters. He suggested this was an evolutionary strategy subtly programmed into human DNA.

He cited two findings from the Longitudinal Study of Adolescent Health, a US government-backed study that is monitoring more than 15,000 Americans. The measurements include objective assessments of physical attractiveness.

One finding was that women were generally regarded by both sexes as more aesthetically appealing than men. The other was that the most attractive parents were 26% less likely to have sons.

Kanazawa said: “Physical attractiveness is a highly heritable trait, which disproportionately increases the reproductive success of daughters much more than that of sons.

“If more attractive parents have more daughters and if physical attractiveness is heritable, it logically follows that women over many generations gradually become more physically attractive on average than men.”

In men, by contrast, good looks appear to count for little, with handsome men being no more successful than others in terms of numbers of children. This means there has been little pressure for men’s appearance to evolve.

The findings coincide with the bicentenary of the birth of Charles Darwin, whose theory of evolution first described the forces that shape all species.

Even he, however, might have been surprised by the subtlety of the effects now being detected by researchers looking into human mating.

The heritability of attractiveness is widely accepted. When Elizabeth Jagger became a model, her mother, the former model Jerry Hall, said: “It’s in her genes.”

Women may take consolation in the finding that men are subject to other types of evolutionary pressure.

Gayle Brewer, a psychology lecturer at the University of Central Lancashire, said: “Men and women seek different things in their partners.

“For women, looks are much less important in a man than his ability to look after her when she is pregnant and nursing, periods when women are vulnerable to predators. Historically this has meant rich men tend to have more wives and many children. So the pressure is on men to be successful.”



To: TobagoJack who wrote (52856)7/29/2009 7:31:20 PM
From: Arran Yuan  Read Replies (2) | Respond to of 217580
 
Riding Cathey Pacific from JFK back to Wuhan through HK tomorrow 10:15 AM EST.

First time with Cathey, would like write about my round trip if I can squeeze a few hours out.



To: TobagoJack who wrote (52856)7/30/2009 9:57:11 PM
From: pezz  Read Replies (2) | Respond to of 217580
 
<<americans typically show a lot of bravery against essentially unarmed civilians, whereas chinese troops took on amrricans and russians when china did not have nukes.>>

yeah,yeah I get it China good America bad.....Why one might think you be Chinese.

<<on dpw, is its stuff made of gold? no?>>

better!!

<< can one wager on it as much as one could on gold?>>
I can.

they gonna piggy back on CSCO You remember this one cauze when it goes I ain't gonna let you forget it.

ya know for all the gold talk just how much has it gone up (or down) in the last 12 mos?