Western Gaga

The Taichung City Mayor declared the day of Lady Gaga. The City Council handed the keys to the city. The singer gave a concert before 4,000 people. The American singer Lady Gaga was received with great enthusiasm in the Taiwanese city of Taichung (more than two million and half of inhabitants) and the Mayor declared this Sunday day of Lady Gaga to honor the presence of the artist in the center of Taiwan. Lady Gaga, who arrived Friday in his private jet to the Taiwanese city within its Asian tour, carried out to promote his latest album, Born This Way, starred this weekend a concert for 4,000 attendees, selected by lot, in the Pavilion of the Taichung Park.

The island city, literally dressed Lady Gaga, with a profusion of posters and hundreds of young people dressed with clothes of the style of the artist, they splashed color the streets of Taichung. For me it is one of the main musical idols in the history and has a personality full of freedom, said Alice Chang, a young man of about 20 years with a hat about 30 centimeters in height and a dress and makeup very at the Gaga. As a j State of Taichung municipal Government gave the singer a portrait of the artist Chen Hua Chinese style painting and offered him a treatment similar to a j of foreign State. The Mayor of the city, Jason Hu, the singer handed the keys of the city and the portrait, he said symbolized the fusion of Eastern and Western elements that characterizes to Taichung. For the Taiwanese artist, painted with typical Chinese dress, the hardest thing to Lay Gaga painting of singer was wild in his eyes. The American artist, apart from singing and presenting their album, made several surprise visits by the city, including a class of yoga with an Argentine coach, and in his travels sparked enthusiasm and the screams of thousands of fans who surrounded his hotel at all hours. Source of the news: Lady Gaga, greeted in Taiwan with official honors

International Monetary Fund

Rating agency lowers the note B + to CCC. Fitch says that the new rating reflects the absence of a new programme of the EU and the IMF for Greece, fully funded and credible. Greece needs 71 billion euros more than the EU, according to the IMF. Of rating: unknown power that destabilizes the economies. The Fitch international credit rating agency has reduced once more the the sovereign debt rating of Greece, passing from B + to CCC, which is equivalent to consider that the non-payment of debt is a real possibility. In a statement issued Wednesday, Fitch says that the new rating reflects the absence of a new program of the European Union (EU) and of the International Monetary Fund (IMF) to Greece, fully funded and credible. The American Agency analysts claim that this growing uncertainty surrounding joins the role that must be played private creditors in any future financing, in addition to the weakened macroeconomic forecast for Greece. With a note by CCC for long-term debt, Greece is now on the penultimate step of Fitch.

Meanwhile, the rating for the short-term debt has been reduced b to C, which also equals anteultimo rung of grades handled by this agency. Fitch explains in its press release that the note CCC means a substantial credit risk and acknowledges that a (Greek debt) default is a real possibility. It also ensures that include the private sector in any solution would be regarded as a signal of a decline in the sovereign credit and that could trigger non-payment. The needs of Greece on the other hand, the International Monetary Fund (IMF) was 71 billion euros the money that Greece will need additional form of the European Union and in some 33,000 million private creditors before being able to return to the markets in 2014. The extra amount that would have to provide the zone euro would add to the 80,000 million already committed in May 2010 as part of a rescue plan for three years together with the IMF totalling 110 billion euros, according to the latest report on Greece published Wednesday by the Fund. The j of the Mission of the IMF for Greece, Poul Thomsen, said the Fund has no scheduled moment participate in the second rescue plan. Greece defends the Finance Ministry Greek criticized the last rebate of its solvency by Fitch and said have not taken into account the most recent decisions on a new rescue. Fitch made the announcement despite the fact that the timing of the actions of the Group of the euro and the IMF are already determined and are known, said a statement released in Athens. Source of the news: the Fitch agency cut the solvency of Greece until the real possibility of bankruptcy

Bank Central European

The agreement of the Bank Central European (ECB), the Federal Reserve (US central bank), the Bank of Japan, England and Switzerland to provide dollars to financial system approached the bag up to 8,450 points with a rise of 5%. The euro advanced to $1,395 (began the day at 1.37 dollars) and the barrel of Brent did to 116 dollars. Third biggest rise three years after the bankruptcy of Lehman Brothers the Spanish stock market achieved the third biggest rise of this exercise. All the great values of the Ibex-35 won: BBVA and Iberdrola, 5.39%, the two largest uploaded this index, followed by Banco Santander, with a 5.13% rise, while Telefonica won 3.78%, and Repsol, 2.51%. After BBVA, Iberdrola and Banco Santander, fourth place corresponded to ArcelorMittal, 4.84%, which was followed by other five companies with increases exceeding 4 and Grifols, 0.57 per cent. At 1510 hours the selective Spanish pointed out the biggest rise of all parks European and earned 385 points, which stood at 8.430 units and reduced accumulated since the beginning of year up 14.52% decline. The General index of the Madrid Stock Exchange progressed 4.26%.

Joint actions the ECB has announced three additional liquidity-providing operations in dollars with a maturity of three months until the end of the year, in order to alleviate tensions in the money market, a decision that has taken shape together with the US Federal Reserve (Fed), the Bank of England, the Bank of Japan and the Swiss National Bank (SNB). Furthermore, the selective Spanish benefited from the good reception given to the issuance of obligations that has closed the public Treasury, which has managed to pay less. Spain has added its fourth consecutive auction of debt with lower interest, after award of 3.949,98 million euros in bonds maturing in 2019 and 2020, to eight and nine years. Biggest rise in Europe in this way, the Ibex-35 was the biggest rise of all European indexes, which were able to progress of the 4.29% in Milan, from 3.37% in Frankfurt, 2.32% in Paris, and 1.90% in London. Within the Ibex, Santander was leading hikes with a rebound of 6.20%, while Iberdrola progressed 5.41%, BBVA, 5.75%, Telefonica, 4.38%, Inditex, 3.92%, Repsol, 3.16%, and Endesa, 2.68%. Medium-sized banks, for their part, were able to revaluations of 5.72% for Bankinter, from 2.50% to Caixabank, from 2.33% to Sabadell, and 1.96% for the Popular. Source of the news: the Alliance of central banks promotes to the Spanish stock market, which earns a 3.63%