George Soros posits that Europe and America may not be willing to provide Ukraine with financial support because of two factors. One is the ongoing financial crisis in Greece, which has not set a good example for the EU to follow in Ukraine. The crisis in Greece was precipitated by the Euro crisis. The second factor is the Minsk agreement, which induced authorities in the EU to maintain a tight financial leash on Ukraine. The euro crisis has occasioned a shortage of resources for various budgetary purposes. EU’s budget stands at Û145 billion. This is about 1% of the member states’ GDP. With Europe stagnating in terms of growth, member states are not willing to increase their contributions to the EU budget. In the euro zone, there is shortage of funds because the zone lacks a budget of its own.
George believes that European authorities, especially the German leaders, are responsible for mishandling the Greek crisis. These leaders agreed to provide Greece with emergency loans. However, the interest rates were punitive. In addition, the authorities brought forth their own reform programs. They also micromanaged the reform agenda instead of letting Greece take ownership of the reform process. George Soros posits that even though Greece should be blamed for the financial crisis, the largest blame lies with the German leadership because they were in charge of the reform and micromanagement of the same. He continues to say that the national debt of Greece is unsustainable but authorities in Europe are not willing to write off their loans to the country.
George Soros – Project Syndicate
George Soros – Business Leader, Philanthropist
Soros contends that Europe and IMF have disputed over writing down their loans. The European authorities have been correcting their mistakes and are now insisting on bailing in instead of bailing out bondholders. The essence of bailing in is that bondholders write down their bond values. However, the authorities repeat other mistakes. Soros contends that the biggest mistake made by the European authorities is to treat Ukraine in a similar way as Greece. Soros continues to assert that the new Ukraine is seeking to be better than Greece. Even though the country is not a member of the EU, it is actively defending the same against Russia’s political and military threat.
George argues that the future of both the European Union and Ukraine are at stake. The loss of Ukraine would make Russia more superior, thus become an alternative to the EU through the rule of force instead of the rule of law. According to Soros, if Europe resolves to provide Ukraine with the finances that it require, President Putin will have no choice but abandon his aggression. George agrees that Putin can easily say that the economic troubles in Russia have been caused by Western hostility. He continues to say that the populace of Russia will agree with Putin’s arguments. However, should Europe generously assist Ukraine with finances, the people of Russia will blame Putin for the country’s financial troubles. This way, the Russians may force him to follow the economic reforms in the new Ukraine.
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Status Labs is an online reputation management firm located in Austin, Texas. The President of the company, Darius Fisher, has been becoming more and more of a public name as he has taken up the stance for privacy rights and other just, social causes. It’s hard to believe that Status Labs, who currently is one of the premier reputation management companies in the world, once had their own reputation issues to deal with. Fisher decided to talk a little bit about what it took to get his company back on the right path.
The first thing that Fisher did with his company was to attempt to change the culture from within the office. When the company feels like its employees are all on the same page then outbursts and problems are less likely to happen. So, Fisher decided to implement a few key ways to get team morale up. Status Labs started doing catered lunches on Fridays and they even opened up the office to well behaved pets so that employees didn’t need to leave their animals home alone all day. From there it was a short leap to doing company activities outside of the office such as kayaking or BBQs.
After taking care of the ‘inner politics’, Fisher focused on getting Status Labs a better reputation in their home town of Austin. The reason that controversy was so easy to leap onto Status Labs was that they didn’t have a real anchor to the community. So, Fisher started engaging Status Labs with more and more local charities such as Dress for Success and The Capital Food Bank of Texas. Dropping roots down deep into your home town leads to more people believing and backing you up and eventually giving you the benefit of the doubt in the future.
Finally, Fisher and Status Labs seemed to be ahead of the curve when it came to dealing with their crisis. The next key is to prevent it from happening again by maintaining all of these positive aspects that they worked so hard to implement. Public relations crisis can happen to anyone, so it is best to be prepared.
Remember the last time you did an online search for a person, product, company or service and found negative information at the top of the search results? It may have even been today or yesterday, but chances are good that it hasn’t been that long. Recall the furrowed brow that information caused, or how quickly you dismissed any consideration of using that item, company or service.
This is the initial impact of bad press, negative word of mouth or even malicious intent driven content being spread. The ripples and even waves that can potentially follow that initial impact can be damning, even deadly to many businesses. Negative, false and bad information found in search results can effect not only potential and prospective customers, but existing customers and perhaps even future investors – but there is help.
Companies like BBA (Bury Bad Articles) are in the business of helping businesses, people, products and services survive the aftermath of unflattering, negative and harmful information (true or otherwise). According to research and studies BBA cites that with each negative return from search query the impact becomes exponentially more costly to the success of that company or person.
BBA is a newer face on the scene of image repair and reputation management, but this company has the experience and know how to curb and even eliminate the largest and greatest impact of bad or negative content.
The consultation is free, the results are guaranteed and the importance of addressing these types of situations is vital. If you or your company, product or service is dealing with such negative information, or if you need to know what your online reputation looks like, contacting BBA is not only smart, it can actually be the difference between success and failure. In the end, it is about you and your business, no reason to not put your best foot forward because in the ultra connected world today – everybody is watching.
Helane L. Morrison is the Principal, Managing Director, a member of the Executive Committee and Chief Compliance Officer of Hall Capital Partners LLC. She previously worked with the Securities and Exchange Commission. Ms. Morrison held the docket of Regional Director. In this seat, she was responsible for litigation, regulatory issues, and security enforcement in the North California. Helane Worked with the United States Securities and Securities Commission between the year 1999 and 2007. Before this, she headed the implementation of securities for San Francisco (SEC) office. Her duties were in legal representation, financial communities, business and worked hand in hand with news Medias and other government organizations.
Helane studied at the Northwestern University and graduated with a B.S IN Journalism. She also holds a J.D from the California University of the Berkeley School of Law. Sources say that she is also the Editor in Chief of the California Law Review. From the year 1986 to 1996 she practiced law in San Francisco law firms: Rice, Howard, Canady, Nemerovski and the Falk and Rabkin Law Firm. During these years she took an interest in defense of private securities and commercial litigation and SEC issues.
She is a member of the two boards; the Hedge Fund Subcommittee of the American Bar Association and the Regional Parks Foundation. Ms. Helane Morrison is also a speaker on topics of legal and compliance issues that affect private funding institutions and investment advisers.
Back in the 90s, she was among the few women administrators working for SEC commissions in the United States. Many sources recognize only three other females. Valarie Caproni of the Pacific Region in Los Angeles, Mary Keefe the Director of SEC Midwest Region in the State of Chicago, and Carmen Lawrence Director of the Northeast Region in the city of New York.
When she was appointed to serve as the district’s chief in his area of profession, she was the first woman to head the SEC as of 1999. She managed the examination and enforcement programs in the San Francisco Office of Jurisdiction. Her jurisdiction extended to five areas namely: Oregon, Washington, Montana, Alaska, Montana, Northern Nevada, Idaho and the northern California. These regions lie within the Los Angeles Pacific Region.
In her practice years, she used to represent people and firms the SEC sued. Helane Represented securities clients and defended industry security officers during investigations. She also defended brokers and stock companies. Her experience in this field runs way back. This work experience made her the best candidate for the seat back in those years.
Investment banking is a particular type of money management that specializes in the generation of capital for the government, and other companies affiliated with them. The primary roles carried out by investment banks include underwriting debts and securities, helping companies with valuable advice on M&A, negotiate deals for private investors and institutions, and guiding their customers about matters relating to stock markets.
Most of the investment banks are usually connected to major institutions in the banking sectors. However, there are those that are independent and accessible in the market. Renowned investment banks include JPMorgan Chase, Goldman Sachs, Deutsche Bank, and Morgan Stanley. Investment banks are served by bankers with vast knowledge on financial matters to ensure that their customers enjoy the best services.
Martin Lustgarten is a well-known personality in investment banking. Martin was born on 9th July 1959, in Miami, Florida. He has since evolved into an international investor with companies in Singapore, Hong Kong, and Panama. Lustgarten is a citizen of both Venezuela and Austria, something that has always worked to his advantage when dealing with his clients. Martin is widely respected by his customers and other people he has worked with in his career.
Martin is the Chief Executive Officer of his company, Lustgarten, Martin. Investors can rely on the advice they get from Lustgarten because he has enjoyed great success in all the business ventures he has been involved with in his career. Lustgarten is always moving into fields that many have not explored before. He always puts his finances in businesses where he anticipates success. His capitals are also invested in many different firms to minimize the possibility of incurring losses in case the business does not pan out as intended.
Lustgarten has always had a calling to help people make sound investment decisions since he began his career. His work ethics have set him apart from most of the other investment bankers in the world. He has succeeded in overcoming the stress that comes in his line of work and established a large clientele in the process. His customers rank his work greatly; something that has ensured that he gets promotions in all the firms he has worked.
Martin Lustgarten always comes up concrete solutions for his clients’ investment needs. His knowledge in the finance sector has ensured that he is the person that investors are directed to for advice. His ventures have also brought him massive wealth. Martin is a lover of vintage watches. One of his hobbies is trading in these classic timepieces. Apart from watches, Lustgarten likes all other lovely things and is always eager to learn new things.
Investment banks are there to help their customers to enjoy success in their business ventures. Investment banking is a valuable companion to all investors hoping to have thriving businesses.
There is currently a large debate regarding whether or not the UK should leave the European Union. Those for remaining have begun what is called the “Remain Campaign.” David Beckham is one of those who has put his full support behind this campaign. His wife, former Spice Girl, Victoria Beckham, agrees entirely with this stance. In fact, her stance became even greater than her husbands after it was made more personal when constituents for leaving the union misused for their benefit some statements she made over 20 years ago.
Prime Minister of the UK, David Cameron, and George Soros is also with those who are opposed to leaving the union. He says this is an imperative decision that will drastically affect future generations and that if the UK does decide to leave there will be no deciding to go back. In addition, it is expected that the value of the pound will fall in the face of an exit. It would be lowered to the point that a pound would be roughly equal to a euro. Today they vote on this referendum and this massive decision will definitely be decided. The lowering of the British pound in 1992 was taken advantage of by billionaire investor George Soros, who made his vast fortune by betting against it.
Billionaire Soros Was ‘Long’ on Pound Before Vote on Brexit
George Soros himself is predicting the drop to be even greater this time if there is a vote to leave. There are constituents for leaving that are deeply skeptical of his prediction, citing the many inaccurate predictions he has made in current years. On the other hand, these powerful constituents have conceded that it is possible that a countrywide recession may in fact occur if an exit takes place. It does not seem to be really known exactly what the British people think. The various polls have all been close with some polls saying slightly more want to stay while other polls saying slightly more want to leave. Over this past weekend, however, there seemed to be more of an increase in voters wanting to stay and this has driven stocks back up. We will have to wait for the results of UK voters voting on the referendum today.
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