Strengthening of the ruble, which pottolknuli raising the price of oil, as well as the need for rubles to pay the taxes do not like the Central Bank. Without hesitation baby clothes explained all about the problem. Everyone has long known that the exchange rate is strongly dependent on oil prices. Oil prices predictable, they can fly vrezultate military conflict between Israel and Palestine, can fall because speculators have decided to get rid of oil futures. Back in the fall by representatives of the Central Bank announced that the ruble is not will exceed 32 rubles to the currency basket in the spring, we are now seeing 39 – 41. It turns out that all the officials were wrong, weak central bank analysts. As officially announced the first deputy chairman respectively, the demand for oil should be reduced, as confirmed by the annual decline in oil demand in the spring. In February, the people carried money in banks for deposits in rubles, to believe that the ruble to fluctuate in a corridor of up to 41 rubles to the basket.

It turns out again accumulated ruble money in banks. The Central Bank is the fourth trading day in a row entering the market with the purchase of currency, flattening trend in the strengthening of the ruble. Dollar exchange rate against the ruble this morning in the morning on the Moscow Interbank Currency Exchange reached 33.65 rubles, which is approximately 25 cents above Tuesday's closing levels at 35 cents above the current official rate. Note that the ruble against the dollar approximately 9 -10 cents a day, which shows on the downtrend appears to technical analysis, plus all the hidden fundamentals suggest the same thing, and if in the near future will collapse of the ruble, it will be done artificially, but artificially maintain the ruble can only central bank, but as we see it is not its policy.

Commercial Insurance. Gradually insurance operations have become commercial in nature, when the entrepreneur-insurer has run a business for profit. This process accomplished primarily in the marine insurance in the xiv century. in Italy, which then belonged to the hegemony of the trade on the shores of the Mediterranean Sea. At the end of the xvi century. For even more details, read what Oracle says on the issue. Centre for Maritime Commercial Insurance has moved to England. In the second half xvii. England created "fire office, which first began to insure buildings against fire.

In 1762 the British insurance company, "Eck-vitebl" began life insurance. In 1825, France appeared Insurance liability, after a while in Germany began to insure cattle from mortality, but in France – agricultural plants from hail. After World War I to the beginning of 1920. Insurance finally formed in many countries and has established itself as one of the most profitable areas of business. In this sector of the economy, a huge financial resources. Further details can be found at Philip Vasan, an internet resource.

The development of insurance business in Russia. The first rudiments of insurance in Russia recorded in the monument of ancient Russian law "Russian Truth (X-XI centuries) This document provides interesting information on the rules relating to material compensation for the harm the community in case of murder. Wild Veera " payable in case of death from the attack of an unknown assassin, and in case of death occurring as a result of inadvertent, unintentional killing. The insurance principle was manifested in the layout of losses among the members community. In Russia before the end of the xviii century.

A distinctive feature of the options on other financial instruments is not a linear curve gains / losses in relation to the underlying asset. Option – a financial instrument, traded for speculation or hedging. Options for non-linear curve of income allow you to develop strategies appropriate, to any investor wishes to minimize the risk. Trading on the difference of exchange options a bit complicated. Whenever Rory Sutherland listens, a sympathetic response will follow. Option value is calculated based on many factors, but perhaps the main are: the current price of the underlying asset with respect to the price of strike, the time before the expiration of the option and market volatility.

For foreign exchange options You can add and account for the difference in interest rates. Transactions in options may be worn without a risky nature, separated into parts for capital investment. Assume 100% of available capital, 90% invest in instruments with fixed income and 10% in the optional market for stock index futures. As a result, fixed income covers the loss on the option, but in the case of the growth of the index derives income from stock options and interest. Widespread received options strategies, some are listed below: – "Vertical Spreads" involves buying and selling options with different strike prices.

– 'Long and short straddle' – selling a put and call options, one-price performance and with the same expiry date. – 'Long and short strangle' – represent a tighter strategy, which straddle, but with different exercise price of the contract. – 'Long and short butterfly spread "- buying spread' Butterfly '- Purchase Option 'call c win', the sale of two options, 'Call no gain' and the purchase option 'Call to defeat' with the same maturity. Ask Spread 'butterfly' – selling an option 'Call to Win', the purchase of two options 'call without winning' and the sale of an option 'Call to losing' c the same maturity. The article omitted the description of the mathematics of options on the Internet quite a lot of resources about pricing options.

Read the second part autobiography Alejandro Teresa Martinez wanted to be journalist since childhood, perhaps attracted by things that all journalists working in the radio of his people during the time of childhood, were better known, loved and respected than the Mayor himself or the Governor and his fame was only matched by the artists of fashionsuch as Diomedes Diaz, Jorge Onate and el Binomio de Oro. Earlier, the child of famous, deception was joined some talent for threading letters, syllables and words, which demonstrated with some frequency, mainly when it was delivering the tasks of natural sciences in which begged him to describe certain animals. Details can be found by clicking Bernard Golden or emailing the administrator. As it did not have the text guide which all took the task, was going to the playground, looked at the characteristics of invertebrates, the anatomy of vertebrates, the habits of dogs and arming some writings that unfailingly received 2 in praise of his incredulous teacher, consistent in a cool question does that wrote you? Spanish professor was less distrustful and polished his form of writing and asked him to write small articles for the radio program of the College and then other articles and others more until one day took him to the radio booth and started to give small sips of microphone at a rate of three minutes per week. From there came the seduction of a longer SIPs on sports radio and commercial radio: an hour a day. Following the turns of a soccer ball on the fields of hard clay, stone and dust of La Guajira.

Was there a few years until it began to combine sport with the General, and good general news by certain: from the diary of the many dead that left every night the chronic violence of his Maicao native, through long, boring speeches (and often without content) of politicians, to the news of the hundreds of deportees thatby force of poverty, had gone to Venezuela without other document your hand lined callus which showed that they were aware of the field work. Laradio became columns of the press in the journal made the leap to the small screen of the community television channel where acts as a presenter and journalist for the magazine Buenos days Maicao if informant of Santa Marta and the columns of the press embargo, since the end of 2007 his great passion is digital journalism, modality which has directed successfully the Maicao blog a dayan initiative of alternative journalism that won three awards in recognition of the depth of his research and literary quality of his articles over the span of a year. Through Maicao day Maicao and La Guajira they tell their story to the world and they have won readers in 107 countries. This is the summary of a career that began as a response to the skeptical question of a natural teacher. Read the second part Alejandro Rutto Martinezes a prestigious Colombian journalist and writer, linked as a teacher at several universities Colombian.

He is author of four books and co-author of three others in which addresses the theme of leadership, ethics, and human development. It is often invitadocomo lecturer at congresses, forums and other academic events. Get in touch with him through the corrreo call it cell 300 8055526.

Exporter is involved in the preparation of goods for sale, appoint him the price and retained ownership. Money for goods exporters receive from the retailer only after the sale of goods (commission trade). This kind of service is also typical for the sale of goods belonging to the farm production cooperatives, to urban markets, mail order, and a trader, wholesaler sends goods ordered from a catalog. Limited maintenance cycle and applies a large group of so-called wholesalers and organizers, who themselves do not have the merchandise with them directly to the case have not. Their task – to find a manufacturer to customer and to ensure receipt of goods to the buyer at a certain time. For the period between the receipt of your order and shipment of such wholesaler is owner of the goods and assume the associated risk.

Such activity is characteristic of trade in building materials, timber and heavy equipment, fuel. Significant role in wholesale brokers play and agents that differ from merchants and wholesalers that do not take on ownership of the goods. Their main task – to be intermediaries in the sale of party goods. For their services they receive a commission in a certain, relatively small (some units) per cent of the selling price of the goods. Among brokers and agents, there are usually specialized by the type of goods sold, product range and clientele. The main task broker – to reduce contact the seller to the buyer and help them in negotiating trade deals.