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Price for a name: rating of the most expensive brands according to Forbes

Вторник, 29 Мая 2018 г. 02:55 + в цитатник

Over the past few years, the world's largest technology companies have consolidated their power. Apple (telephones), Google (search), Microsoft (software), Facebook (social network), and Amazon (retail) dominate in their sectors thanks to winning products and services. But, perhaps, their most precious attribute is strong brands.

Top-10 most expensive brands, according to Forbes, are in our photo gallery.

The first place in a hundred of the most expensive brands for the eighth consecutive year has been held by Apple, which costs $182.8 billion, that is 8% higher than the year before.Samsung Electronics actually sold more phones than Apple in the fourth quarter of 2017. But, according to the Canaccord Genuity investment company, Apple received 87% of the world operating returns from the sale of smartphones thanks to the introduction of the expensive iPhone X to the product line.
Google has been ranked second among the best brands for the third conse year. The brand has risen in price by 30% to $132.1 billion for the year.The company-creator of the Internet search also works on other projects: smart-home technology, autonomous cars and much more. However, so far, the main profit is brought by the search service. Despite all the efforts of Yahoo, Baidu, and Microsoft Bing to reduce the presence of Google, the company is still leading in terms of the number of search requests.
Microsoft closes the top three most expensive brands, the value of which has increased by 21% to $104.9 billion for the year.When compiling the rating, experts relied on the companies' revenues for three years. Then calculated the percentage of these revenues, based on what role each brand plays in its industry. The price-to-revenue ratio was divided by the amount of total revenue to get the final brand value index.
The Facebook brand of the same name social network took the fourth place. Its cost is $94.8 billion. Facebook has more than a billion active users.Most of the world's expensive brands in the top 100 ranking are from the US, where there are 54 brands.
The only change in the top five compared to the previous year was the Amazon's increase by one line of the list, which had outperformed the Coca-Cola brand for the first time. The cost of Amazon is $70.9 billion.The company is involved in the sales of mass-market products and services through the Internet.
Coca-Cola is on the sixth line. And this is the only non-technological brand of the first seven. Its cost is $57.3 billion. Changing the preferences of the world's population in drinks affects the Coca-Cola brand. Nevertheless, it continues to lead in its sector.
The seventh place is occupied by Samsung. The brand produces smartphones, tablets, household appliances, telecommunications equipment, and much more. The brand value is estimated at $47.6 billion.
On the eighth place, there is an animation studio, entertainment parks around the world, water parks, and several networks for television and radio broadcasting, united under the brand of Disney. It is estimated at $47.5 billion.It is worth noting that in the top ten ranking, only three companies out of ten are not technological.
The Toyota brand, which produces cars, as well as financial services, is on the ninth line ($44.7 billion).
The AT&T telecommunications company, one of the largest telecommunications providers in the US and the second largest mobile operator in the country, closes the top ten most expensive brands. The magazine estimated the value of the AT&T brand at $41.9 billion. There are no Russian brands on the Forbes list.


https://instaforex.livejournal.com/1882823.html


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Europe refuses to respond to Iran's blackmail

Понедельник, 28 Мая 2018 г. 02:40 + в цитатник

Europe has once again proved that money is not the most important thing in the world, as it should be in a civilized society. After the US left the nuclear agreement with Iran, realizing that the latter is not fulfilling its obligations, Germany decided to follow this example.

Blackmail on part of the Iranian religious leaders, who also manage the country, had no results, and after negotiations with the US and China, Angela Merkel said that some European companies will stop working with Iran. The US sanctions are likely to urge European companies to stop working with Iran, Merkel said after the meeting with Premier of the State Council of China Li Keqiang. The chancellor noted that Chinese companies are able to fill the vacant place, but made it clear that material benefits should not be above security issues.

Earlier, the Iranian authorities blackmailed Europe, threatening to continue its nuclear program if the European countries do not fulfill seven conditions. It should be noted that the representatives of the Islamic Republic were smart enough not to threaten the US, the main initiator of the nuclear deal cancellation. In a response, for a start, Trump could have immediately sent a formidable tweet followed by more convincing arguments. Therefore, nuclear blackmailers decided it was Europe that should provide guarantees for the sale of Iranian oil, as well as the absence of obstacles for the cooperation of European banks with Iran. However, it did not work either.

Read more: https://www.mt5.com/forex_humor/image/35863

https://instaforex.livejournal.com/1882523.html


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Eight anonymous cryptocurrencies: analysts' observations

Понедельник, 28 Мая 2018 г. 02:37 + в цитатник

A number of digital currencies which are not too well known in the cryptocurrency world are recognized by experts as more anonymous than others. More details are in our photo gallery

According to experts, many cryptocurrencies have a higher level of confidentiality than others. Experts recommend paying attention to the most promising of them.
MoneroMany representatives of the crypto community consider monero (XMR/USD) to be the most protected cryptocurrency. It appeared as a result of another anonymous virtual currency fork - bytecoin. The monero development team constantly includes new features in the project, trying to get ahead of those who want to gain access to personal information. The project is completely focused on confidentiality.
DashThis cryptocurrency (DASH/USD) loses anonymity to other digital assets, but has a number of features. For example, it has a built-in PrivateSend function, which allows to anonymously send tokens to recipients. The Dash virtual currency is a fork of bitcoin, which includes a number of unique technologies specific to the cryptocurrency No. 1.
ZcashThis cryptocurrency is based on the zk-SNARKs protocol. It is an algorithm that confirms the accuracy of the transmitted information and does not disclose its contents. As a result, all data on the Zcash transactions is in an encrypted form. The Zcash development team (ZEC/USD) does not hide the degree of confidentiality of its virtual currency.
BytecoinBytecoin was created in 2012. Many consider it to be the first protected digital currency. It was previously reported that Monero was formed from it. In every transaction of this cryptocurrency, a unique one-time public key is used. As a result, it is impossible to trace the history of operations with Bytecoin tokens.
Hshare/HcashThis digital asset is not considered to be completely confidential, but operates on the same principles as other anonymous cryptocurrencies. There are two types of wallets on the Hshare/Hcash platform: black and white. White wallets remain open, and the access to black is limited. To do this, the Hshare developers use a technology based on Zcash.
PIVXThe PIVX cryptocurrency is a branch of Dash and stands for Private Instant Verified Transaction. It is based on the Proof-of-Stake algorithm and is intended to everyday transactions. Unlike its predecessors, such as Zcash or Dash, this cryptocurrency is resistant to faults in the blockchain system, preserving full confidentiality of senders and recipients.
ZcoinZcoin is not too well-known in the cryptocurrency world. It uses the Zerocoin protocol to ensure payment confidentiality. The Zerocoin tokens do not have a history of operations. With the help of the so-called "zero-knowledge", coins are not linked to the sender. A recipient of Zerocoin knows that his account has received funds, but does not know a person who sent the payment.


https://instaforex.livejournal.com/1882336.html


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RUB attracts very few, even the central bank does not trust it

Пятница, 25 Мая 2018 г. 02:05 + в цитатник

It is very difficult for Russians to understand why oil is steadily getting more expensive, and the ruble and gasoline prices are still rising. When oil cost three times less than now, the president of the country explained that in such a situation there was no reason to be surprised at the ruble’s fall as the ruble and oil are inextricably linked in Russia. So, if “black gold” falls, then "wooden gold" also goes down. However, since that time the situation has changed a lot, but the ruble rate remains the same.

They say that it is beneficial for the government to hold the ruble at the bottom with the current oil price. To solve this difficult task, other sanctions imposed by the USA came. Since mid-April, investors have massively reduced their stakes in Russian assets by buying currency.

The central bank is now trying to stop further collapse of the ruble. The bank intends to raise ruble’s popularity among participants of the foreign exchange market by lowering the interest rate. However, it is necessary to achieve the previously set inflation targets. "As inflation gradually returns to 4%, the cycle of our decline is nearing completion. As we have said, the situation stabilizes in the region of 2-3%. These 2-3 percentage points are needed to preserve the attractiveness of our currency," said Igor Dmitriev, head of the monetary policy department at the Bank of Russia.

There are hopes that this is not just another discussion about how to raise the ruble, but the real work on the old mistakes. Although, even if these are just strong statements, Russians will think that there is no reason for concern, and the collapse of the ruble is a previously arranged event that will only make life better.

Read more: https://www.mt5.com/forex_humor/image/35824

https://instaforex.livejournal.com/1882025.html


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Model and DJ: how politicians started their careers

Пятница, 25 Мая 2018 г. 01:55 + в цитатник

Today, they are responsible for whole countries, lead armies, and adopt laws. But once, they were away from politics. People with the most unexpected experience and the most unusual professional skills often come to power. The information about politicians, who were far away from political career before coming to power, is in our photo gallery.

The former Prime Minister of Bulgaria worked as a personal bodyguardA karate instructor, a fireman, an employee of the private security company, a personal bodyguard of the former Tsar of Bulgaria Simeon II, who returned with his family from exile, - this is the work experience of Boyko Borisov before he was elected Prime Minister of Bulgaria in 2009.
President of Turkmenistan had a long career as a dentistGurbanguly Berdimuhamedow has been heading Turkmenistan since 2007. He came to the office of President after a long reign of Saparmurat Niyazov, who died in 2006. Before he succeeded Niyazov, he had worked as his personal dentist.In 1997, he became Minister of Health. The trusting relations with Niyazov and his support helped him to take the post of the President of Turkmenistan.
The former President of Madagascar worked as a DJAndry Rajoelina became the head of the state when he was 34, as a result of the armed coup. A post, President of the High Transitional Authority, was created specially for him, which he held from 2009 to 2014.Prior to his political career, he first worked as an organizer of mass entertainment events and a DJ, then founded his own radio station and television studio.As for the next elections in 2018, he is banned from running for office. As experts believe, despite this, he is unlikely to return to the career of a DJ, since he had great prospects in politics.
The Prime Minister of Albania was an artistEdi Rama graduated from the Art School in Paris as an artist and teacher, and after his return to Albania in 1998, he became Minister of Culture. Then he took up the post of Mayor of the capital of Albania. During his patronage over the city that the boring streets of Tirana were repainted in different colors.Rama was also professionally fond of basketball. And in the interview with the BBC in 2004, he said that he considers himself an artist who tried to use politics as a tool for change.Rama went into politics after the collapse of the communist regime, when he joined the Socialist Party.
The President of Slovenia was a modelThe Slovenian President Borut Pahor has been interested in politics since his youth. At school and University, he was the Komsomol activist. He studied at the sociological faculty of the University of Ljubljana. According to the Slovenian press, in order to pay for his education at the university, Borut Pahor worked as a model.The former Communist official and Prime Minister Pahor was elected as President in December 2012.
Prime Minister of Australia studied to become a priestAt the age of 20, Tony Abbott was going to become a Catholic priest. He entered the Seminary of St. Patrick, however, three years later he left.Furthermore, the politician was fond of boxing, and because of his aggressive style in politics he got the nickname “the Mad Monk”.
President of Ireland is a poetMichael Higgins is an author of four books of poems. He was the last Minister for Gaeltacht Affairs before the merging of this Ministry with the Ministry of Arts and Culture. It was he who urged Ireland to become a "Republic of creative arts".Nevertheless, critics were not very enthusiastic about the poetry of Higgins. One of them even said that the President can be accused of a crime against literature.He has been holding the presidency of Ireland since 2011.
The former Prime Minister of Italy worked as a singer on a cruise shipSilvio Berlusconi, in addition to holding the post of Prime Minister, is known as a media baron and an owner of a football club. According to Der Spiegel, he, above all, worked as a singer on a cruise ship in the Mediterranean in the 1950s and 1960s.Berlusconi resigned in 2011. In addition, he is banned from running and holding public offices. However, Berlusconi does not miss the opportunity to be on stage. Recently, he has recorded his own songs featuring Mariano Apicella.
The Prime Minister of Iceland was a flight attendantJohanna Sigurdardottir caused quite a sensation after she had been elected as Prime Minister in 2009.According to the Guardian, Sigurdardottir became the first Prime Minister in the world, who does not hide her nonstandard sexual orientation. Before coming to power, she has worked as a flight attendant in the Icelandair national airline for 30 years.In the airline, she became a union leader, launched her own trade union movement and thus entered politics.


https://instaforex.livejournal.com/1881668.html


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Oil hits new highs

Четверг, 24 Мая 2018 г. 01:57 + в цитатник

Oil has persistently been hitting new levels updating one high after another. The black gold overcame the important psychological mark of $80 per barrel. Last time such prices were seen back in 2014. A large number of factors contributes to growth: a high level of compliance with the terms of the OPEC+ deal by the participants, the supply balance in the market, the decline in inventories and the higher global demand.

In addition, prices are supported by US threats to resume and even increase sanctions pressure on Iran. Donald Trump already announced the US withdrawal from the nuclear agreement with Iran, but the Congress must still approve the sanctions, and it will take time, at least 180 days. Iran is the third largest oil producer in OPEC, imposing sanctions will significantly reduce the exports of the cartel. "It’s too early to say what will happen this time, but we need to find out if other producers can intervene to ensure an orderly flow of oil to the market and to compensate for the disruptions in Iranian exports," the IEA said.

By the way, the agency warns market participants that the high cost of oil can negatively affect growth in demand. It even lowered its forecast for growth in oil demand this year from 1.5 million bpd to 1.4 million bpd. Another reason for the price increase may be Venezuela, where there are already serious disruptions in supplies. According to IEA, "the pace of decline of oil production is accelerating and by the end of this year output could have fallen by several hundred thousand barrels a day."

Read more: https://www.mt5.com/forex_humor/image/35777

https://instaforex.livejournal.com/1881521.html


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Oil hits new highs

Четверг, 24 Мая 2018 г. 01:57 + в цитатник

Oil has persistently been hitting new levels updating one high after another. The black gold overcame the important psychological mark of $80 per barrel. Last time such prices were seen back in 2014. A large number of factors contributes to growth: a high level of compliance with the terms of the OPEC+ deal by the participants, the supply balance in the market, the decline in inventories and the higher global demand.

In addition, prices are supported by US threats to resume and even increase sanctions pressure on Iran. Donald Trump already announced the US withdrawal from the nuclear agreement with Iran, but the Congress must still approve the sanctions, and it will take time, at least 180 days. Iran is the third largest oil producer in OPEC, imposing sanctions will significantly reduce the exports of the cartel. "It’s too early to say what will happen this time, but we need to find out if other producers can intervene to ensure an orderly flow of oil to the market and to compensate for the disruptions in Iranian exports," the IEA said.

By the way, the agency warns market participants that the high cost of oil can negatively affect growth in demand. It even lowered its forecast for growth in oil demand this year from 1.5 million bpd to 1.4 million bpd. Another reason for the price increase may be Venezuela, where there are already serious disruptions in supplies. According to IEA, "the pace of decline of oil production is accelerating and by the end of this year output could have fallen by several hundred thousand barrels a day."

Read more: https://www.mt5.com/forex_humor/image/35777

https://instaforex.livejournal.com/1881521.html


Метки:  

Oil hits new highs

Четверг, 24 Мая 2018 г. 01:57 + в цитатник

Oil has persistently been hitting new levels updating one high after another. The black gold overcame the important psychological mark of $80 per barrel. Last time such prices were seen back in 2014. A large number of factors contributes to growth: a high level of compliance with the terms of the OPEC+ deal by the participants, the supply balance in the market, the decline in inventories and the higher global demand.

In addition, prices are supported by US threats to resume and even increase sanctions pressure on Iran. Donald Trump already announced the US withdrawal from the nuclear agreement with Iran, but the Congress must still approve the sanctions, and it will take time, at least 180 days. Iran is the third largest oil producer in OPEC, imposing sanctions will significantly reduce the exports of the cartel. "It’s too early to say what will happen this time, but we need to find out if other producers can intervene to ensure an orderly flow of oil to the market and to compensate for the disruptions in Iranian exports," the IEA said.

By the way, the agency warns market participants that the high cost of oil can negatively affect growth in demand. It even lowered its forecast for growth in oil demand this year from 1.5 million bpd to 1.4 million bpd. Another reason for the price increase may be Venezuela, where there are already serious disruptions in supplies. According to IEA, "the pace of decline of oil production is accelerating and by the end of this year output could have fallen by several hundred thousand barrels a day."

Read more: https://www.mt5.com/forex_humor/image/35777

https://instaforex.livejournal.com/1881521.html


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Most expensive art objects in collections of Russian businessmen

Четверг, 24 Мая 2018 г. 01:49 + в цитатник

According to the international auction houses' statistics, buyers from Russia occupy the 11th place by volume of money spent on art objects. Russian collectors are overtaken by the United States, China, and Great Britain, but they show incredible dedication and determination in the struggle for the lot they chose. And their collections can compete with the world's best museums. In our article, you will find the most expensive purchases of businessmen at auctions.

Francis Bacon, Triptych, 1976
Cost: $86,281,000
Buyer: Roman Abramovich
A well-known businessman bought a triptych at the Sotheby's auction in 2008. The masterpiece has a good history. The only owner bought it in London's Marlborough Gallery in 1977. An exhibition history of the canvas is also impressive. The triptych was first exhibited in 1977 in the Paris Galerie Claude Bernard, after which it went to the 6th documenta in Cassel, then to Madrid and Barcelona. In 1985 it appeared in London's Tate, in 1988 the painting was exhibited in the Tretyakov Gallery in Moscow, in 1990 - in the Louvre in Paris. It made a great American tour, and in 2006 the work was exhibited in Gagosian Gallery in London.

Claude Monet, The Pond with Water Lilies, 1919
Cost: lb40,921,250
Buyer: Andrey Melnichenko
The artist began drawing the painting in 1914. He experimented with color and light approaching abstraction. Monet even bought unusual varieties of water lilies for his own pond in Giverny. This painting was signed by the author in 1919 and sold together with three other "water lilies" canvases. Works of this series met different fates: one of them became a part of the collection of the Metropolitan Museum in New York; another one was sold at Christie's for $12 million in 1992; the third one was cut into two parts, and the fourth - went to Andrey Melnichenko who bought it at Christie's auction in 2008.

Wassily Kandinsky, Soft Hard, 1932
Cost: $10,610,500
Buyer: Leonid Mikhelson
The painting was the property of the Guggenheim Museum from 1949 to 1965, after that, it was sold at Sotheby's auction in New York in 1964, and at the same auction in 2009 it was bought by a Russian entrepreneur, billionaire Leonid Mikhelson.

Francis Bacon, Study for a Portrait, 1953
Стоимость: $28 765 614
Buyer: Leonid Mikhelson
The painting traveled almost the whole world. It was part of the collections that were exhibited in Madrid, Zurich, New York, Tokyo, and Kyoto. In 1984, the canvas was owned by the London gallery Malborough Fine Art, then it got to the Christie's auction in 2011 and was bought by Leonid Michelson.

Constantin Brancusi, The First Cry, 1917
Cost: $14,866,500
Buyer: Leonid Mikhelson
At the Christie's auction in 2011, the chairman of the board of Novatek Leonid Mikhelson purchased another work. Most likely, the head of a crying baby, made of bronze, was exhibited at many exhibitions while the artist was alive and after his death too. In this list, the Vienna Museum, the Philadelphia Museum of Art, the Solomon Guggenheim Museum and the Chicago Art Institute. All that is known about "The First Cry" provenance is that the work had four owners, the last one bought it in 1975 and put up for sale in 2011.

Ilya Repin, A Parisian Caf'e, 1875
Cost: lb4,521,250
Buyer: Viatcheslav Kantor
By 1885, Ilya Repin had already painted "Barge Haulers on the Volga", he was a fellowship of the Academy of Arts. But, nevertheless, even with this status, the artist did not dare to offer his work "A Parisian Caf'e" to the Tretyakov Gallery. According to the Wanderers, the picture had a scandalous plot. Martin Monson bought it in 1916 and took it out of the country. Four generations of the family kept the work, then it was put up for auction. The Tretyakov Gallery attempted to buy it, but Viatcheslav Kantor gave more money for the masterpiece at Christie's auction in 2011.

Wassily Kandinsky, Sketch for improvisation № 8, 1909
Cost: $23,042,500
Buyer: Pyotr Aven
The painting, which is marked as one of the most iconic in Kandinsky's work, is the biggest dream of any museum. In 1950 at the Gerd Rosen auction in Berlin, it was bought by Walter Scharf, then doctors in Zurich became the owners of the canvas, who in 1960 sold it to the owner who put it up for sale more than 50 years later at Christie's auction in 2012.

Boris Kustodiev, Venice, 1913
Cost: $1,222,059
Buyer: Boris Mints
Boris Kustodiev painted Venice three times, in 1907, 1913 and 1918. Over the years, there is an emotional power that was achieved through experiments with color and genres. In 1968, "Venice" was shown at the Kustodiev's exhibition at the Academy of Fine Arts in Leningrad. During this period of its history, the painting was part of the collection of the Leningrad collector Mandelstam. In 2013 it was put up for sale by a private European collector at the auction MacDougall's.

Georgy Nissky, Above the snow, 1964
Cost: $2,952,755
Buyer: Alexei Ananyev
It is the first painting of the artist, which was put up for auction, it is also considered one of his best works. Georgy Nissky was a disciple of Ilya Drevin and Robert Falk, a follower of Aleksandr Deyneka, one of the founders of the "severe style." An earlier version of the painting "Above the Snows" is kept in the archive of the State Russian Museum. After numerous discussions, it was established that the aircraft depicted on the canvas is TU-104.

Georgiy Gurianov, Untitled, 1990
Cost: lb143,000
Buyer: Anton Abugov
The star of St. Petersburg of the 1990s, the drummer of the "Kino" band, the esthete and handsome Georgiy Gurianov was recognized during his lifetime, but the great commercial success came to the artist posthumously. A self-portrait of Georgiy Gurianov, sold at Sotheby's auction for lb143,000, became the most expensive work of the Russian artist in 2016.

https://instaforex.livejournal.com/1881140.html


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Most expensive art objects in collections of Russian businessmen

Четверг, 24 Мая 2018 г. 01:49 + в цитатник

According to the international auction houses' statistics, buyers from Russia occupy the 11th place by volume of money spent on art objects. Russian collectors are overtaken by the United States, China, and Great Britain, but they show incredible dedication and determination in the struggle for the lot they chose. And their collections can compete with the world's best museums. In our article, you will find the most expensive purchases of businessmen at auctions.

Francis Bacon, Triptych, 1976
Cost: $86,281,000
Buyer: Roman Abramovich
A well-known businessman bought a triptych at the Sotheby's auction in 2008. The masterpiece has a good history. The only owner bought it in London's Marlborough Gallery in 1977. An exhibition history of the canvas is also impressive. The triptych was first exhibited in 1977 in the Paris Galerie Claude Bernard, after which it went to the 6th documenta in Cassel, then to Madrid and Barcelona. In 1985 it appeared in London's Tate, in 1988 the painting was exhibited in the Tretyakov Gallery in Moscow, in 1990 - in the Louvre in Paris. It made a great American tour, and in 2006 the work was exhibited in Gagosian Gallery in London.

Claude Monet, The Pond with Water Lilies, 1919
Cost: lb40,921,250
Buyer: Andrey Melnichenko
The artist began drawing the painting in 1914. He experimented with color and light approaching abstraction. Monet even bought unusual varieties of water lilies for his own pond in Giverny. This painting was signed by the author in 1919 and sold together with three other "water lilies" canvases. Works of this series met different fates: one of them became a part of the collection of the Metropolitan Museum in New York; another one was sold at Christie's for $12 million in 1992; the third one was cut into two parts, and the fourth - went to Andrey Melnichenko who bought it at Christie's auction in 2008.

Wassily Kandinsky, Soft Hard, 1932
Cost: $10,610,500
Buyer: Leonid Mikhelson
The painting was the property of the Guggenheim Museum from 1949 to 1965, after that, it was sold at Sotheby's auction in New York in 1964, and at the same auction in 2009 it was bought by a Russian entrepreneur, billionaire Leonid Mikhelson.

Francis Bacon, Study for a Portrait, 1953
Стоимость: $28 765 614
Buyer: Leonid Mikhelson
The painting traveled almost the whole world. It was part of the collections that were exhibited in Madrid, Zurich, New York, Tokyo, and Kyoto. In 1984, the canvas was owned by the London gallery Malborough Fine Art, then it got to the Christie's auction in 2011 and was bought by Leonid Michelson.

Constantin Brancusi, The First Cry, 1917
Cost: $14,866,500
Buyer: Leonid Mikhelson
At the Christie's auction in 2011, the chairman of the board of Novatek Leonid Mikhelson purchased another work. Most likely, the head of a crying baby, made of bronze, was exhibited at many exhibitions while the artist was alive and after his death too. In this list, the Vienna Museum, the Philadelphia Museum of Art, the Solomon Guggenheim Museum and the Chicago Art Institute. All that is known about "The First Cry" provenance is that the work had four owners, the last one bought it in 1975 and put up for sale in 2011.

Ilya Repin, A Parisian Caf'e, 1875
Cost: lb4,521,250
Buyer: Viatcheslav Kantor
By 1885, Ilya Repin had already painted "Barge Haulers on the Volga", he was a fellowship of the Academy of Arts. But, nevertheless, even with this status, the artist did not dare to offer his work "A Parisian Caf'e" to the Tretyakov Gallery. According to the Wanderers, the picture had a scandalous plot. Martin Monson bought it in 1916 and took it out of the country. Four generations of the family kept the work, then it was put up for auction. The Tretyakov Gallery attempted to buy it, but Viatcheslav Kantor gave more money for the masterpiece at Christie's auction in 2011.

Wassily Kandinsky, Sketch for improvisation № 8, 1909
Cost: $23,042,500
Buyer: Pyotr Aven
The painting, which is marked as one of the most iconic in Kandinsky's work, is the biggest dream of any museum. In 1950 at the Gerd Rosen auction in Berlin, it was bought by Walter Scharf, then doctors in Zurich became the owners of the canvas, who in 1960 sold it to the owner who put it up for sale more than 50 years later at Christie's auction in 2012.

Boris Kustodiev, Venice, 1913
Cost: $1,222,059
Buyer: Boris Mints
Boris Kustodiev painted Venice three times, in 1907, 1913 and 1918. Over the years, there is an emotional power that was achieved through experiments with color and genres. In 1968, "Venice" was shown at the Kustodiev's exhibition at the Academy of Fine Arts in Leningrad. During this period of its history, the painting was part of the collection of the Leningrad collector Mandelstam. In 2013 it was put up for sale by a private European collector at the auction MacDougall's.

Georgy Nissky, Above the snow, 1964
Cost: $2,952,755
Buyer: Alexei Ananyev
It is the first painting of the artist, which was put up for auction, it is also considered one of his best works. Georgy Nissky was a disciple of Ilya Drevin and Robert Falk, a follower of Aleksandr Deyneka, one of the founders of the "severe style." An earlier version of the painting "Above the Snows" is kept in the archive of the State Russian Museum. After numerous discussions, it was established that the aircraft depicted on the canvas is TU-104.

Georgiy Gurianov, Untitled, 1990
Cost: lb143,000
Buyer: Anton Abugov
The star of St. Petersburg of the 1990s, the drummer of the "Kino" band, the esthete and handsome Georgiy Gurianov was recognized during his lifetime, but the great commercial success came to the artist posthumously. A self-portrait of Georgiy Gurianov, sold at Sotheby's auction for lb143,000, became the most expensive work of the Russian artist in 2016.

https://instaforex.livejournal.com/1881140.html


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Most expensive art objects in collections of Russian businessmen

Четверг, 24 Мая 2018 г. 01:49 + в цитатник

According to the international auction houses' statistics, buyers from Russia occupy the 11th place by volume of money spent on art objects. Russian collectors are overtaken by the United States, China, and Great Britain, but they show incredible dedication and determination in the struggle for the lot they chose. And their collections can compete with the world's best museums. In our article, you will find the most expensive purchases of businessmen at auctions.

Francis Bacon, Triptych, 1976
Cost: $86,281,000
Buyer: Roman Abramovich
A well-known businessman bought a triptych at the Sotheby's auction in 2008. The masterpiece has a good history. The only owner bought it in London's Marlborough Gallery in 1977. An exhibition history of the canvas is also impressive. The triptych was first exhibited in 1977 in the Paris Galerie Claude Bernard, after which it went to the 6th documenta in Cassel, then to Madrid and Barcelona. In 1985 it appeared in London's Tate, in 1988 the painting was exhibited in the Tretyakov Gallery in Moscow, in 1990 - in the Louvre in Paris. It made a great American tour, and in 2006 the work was exhibited in Gagosian Gallery in London.

Claude Monet, The Pond with Water Lilies, 1919
Cost: lb40,921,250
Buyer: Andrey Melnichenko
The artist began drawing the painting in 1914. He experimented with color and light approaching abstraction. Monet even bought unusual varieties of water lilies for his own pond in Giverny. This painting was signed by the author in 1919 and sold together with three other "water lilies" canvases. Works of this series met different fates: one of them became a part of the collection of the Metropolitan Museum in New York; another one was sold at Christie's for $12 million in 1992; the third one was cut into two parts, and the fourth - went to Andrey Melnichenko who bought it at Christie's auction in 2008.

Wassily Kandinsky, Soft Hard, 1932
Cost: $10,610,500
Buyer: Leonid Mikhelson
The painting was the property of the Guggenheim Museum from 1949 to 1965, after that, it was sold at Sotheby's auction in New York in 1964, and at the same auction in 2009 it was bought by a Russian entrepreneur, billionaire Leonid Mikhelson.

Francis Bacon, Study for a Portrait, 1953
Стоимость: $28 765 614
Buyer: Leonid Mikhelson
The painting traveled almost the whole world. It was part of the collections that were exhibited in Madrid, Zurich, New York, Tokyo, and Kyoto. In 1984, the canvas was owned by the London gallery Malborough Fine Art, then it got to the Christie's auction in 2011 and was bought by Leonid Michelson.

Constantin Brancusi, The First Cry, 1917
Cost: $14,866,500
Buyer: Leonid Mikhelson
At the Christie's auction in 2011, the chairman of the board of Novatek Leonid Mikhelson purchased another work. Most likely, the head of a crying baby, made of bronze, was exhibited at many exhibitions while the artist was alive and after his death too. In this list, the Vienna Museum, the Philadelphia Museum of Art, the Solomon Guggenheim Museum and the Chicago Art Institute. All that is known about "The First Cry" provenance is that the work had four owners, the last one bought it in 1975 and put up for sale in 2011.

Ilya Repin, A Parisian Caf'e, 1875
Cost: lb4,521,250
Buyer: Viatcheslav Kantor
By 1885, Ilya Repin had already painted "Barge Haulers on the Volga", he was a fellowship of the Academy of Arts. But, nevertheless, even with this status, the artist did not dare to offer his work "A Parisian Caf'e" to the Tretyakov Gallery. According to the Wanderers, the picture had a scandalous plot. Martin Monson bought it in 1916 and took it out of the country. Four generations of the family kept the work, then it was put up for auction. The Tretyakov Gallery attempted to buy it, but Viatcheslav Kantor gave more money for the masterpiece at Christie's auction in 2011.

Wassily Kandinsky, Sketch for improvisation № 8, 1909
Cost: $23,042,500
Buyer: Pyotr Aven
The painting, which is marked as one of the most iconic in Kandinsky's work, is the biggest dream of any museum. In 1950 at the Gerd Rosen auction in Berlin, it was bought by Walter Scharf, then doctors in Zurich became the owners of the canvas, who in 1960 sold it to the owner who put it up for sale more than 50 years later at Christie's auction in 2012.

Boris Kustodiev, Venice, 1913
Cost: $1,222,059
Buyer: Boris Mints
Boris Kustodiev painted Venice three times, in 1907, 1913 and 1918. Over the years, there is an emotional power that was achieved through experiments with color and genres. In 1968, "Venice" was shown at the Kustodiev's exhibition at the Academy of Fine Arts in Leningrad. During this period of its history, the painting was part of the collection of the Leningrad collector Mandelstam. In 2013 it was put up for sale by a private European collector at the auction MacDougall's.

Georgy Nissky, Above the snow, 1964
Cost: $2,952,755
Buyer: Alexei Ananyev
It is the first painting of the artist, which was put up for auction, it is also considered one of his best works. Georgy Nissky was a disciple of Ilya Drevin and Robert Falk, a follower of Aleksandr Deyneka, one of the founders of the "severe style." An earlier version of the painting "Above the Snows" is kept in the archive of the State Russian Museum. After numerous discussions, it was established that the aircraft depicted on the canvas is TU-104.

Georgiy Gurianov, Untitled, 1990
Cost: lb143,000
Buyer: Anton Abugov
The star of St. Petersburg of the 1990s, the drummer of the "Kino" band, the esthete and handsome Georgiy Gurianov was recognized during his lifetime, but the great commercial success came to the artist posthumously. A self-portrait of Georgiy Gurianov, sold at Sotheby's auction for lb143,000, became the most expensive work of the Russian artist in 2016.

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A real tragedy, centuries-old pain... Our Prime Minister lost control!

Среда, 23 Мая 2018 г. 02:07 + в цитатник

Apparently, the Prime Minister decided to remind others that the only legitimate means of payment in Russia is the ruble!

Bribes given to Russian officials and ministers are found mainly in dollars and euros, and this indicates that many are beginning to forget about their “wooden” currency.

Dmitry Medvedev is not so happy with this state of affairs. In addition, cryptocurrencies are snapping at ruble’s heels, and it is a real threat of losing total control over cash inflows in the country. After a ridiculous and inconclusive confrontation with Telegram, Russian authorities have decided not to impose a ban on digital money. This time they started to call for consciousness and play on sympathy in the hope that citizens will reciprocate once again. “We are currently preparing two bills related to digital technologies in the financial sphere on the understanding that now and in the future ruble remains the only legal tender”, Medvedev said at a plenary meeting of the 9th St. Petersburg International Legal forum.

Taking a cover behind good intentions, the government wishes to strengthen control. “Transactions in the digital environment are the reality that we can no longer ignore. We need to consolidate the basic provisions in the civil law, translate them into the language of law. Therefore instead of the common slang expressions such as «cryptocurrencies» and «tokens» the lawmakers are developing more legally strict concepts of «digital money», «digital rights» and some others”, Medvedev underlined.

Read more: https://www.mt5.com/forex_humor/image/35780

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Eight most important trade routes of antiquity

Среда, 23 Мая 2018 г. 02:04 + в цитатник

Trade routes have developed since ancient times to facilitate cultural exchange, including the development of economic relations, the spread of religious views and innovative ideas. In our photo gallery you will find the main trade routes that shaped the further development of history.

Silk RoadEveryone knows that the Silk Road is the trade route, linking East Asia with the Mediterranean in antiquity and in the Middle Ages. The path was laid in the 2nd century BC, but its name was created by the German geographer Ferdinand von Richthofen only in 1877.
Silk RoadThe great Chinese empire Tang transported to Europe not only silk and spices but also new technologies, therefore in the countries of the Old World, the fashion for the Asian dresses and products was formed.As the Roman Empire crumbled and the Arab started their conquests the intensity of trade, economic and cultural ties between the peoples of the Near and Middle Asia, the Caucasus and China significantly reduced.
Spice RouteThe spice route, one of the oldest trade routes on earth, started from the ports of the Arabian and Red Seas through Petra to the Mediterranean coast. Spices were brought here from India and the Spice Islands, precious wood and ivory - from East Africa, and silk and precious stones - from China.
Spice RouteIn ancient times, repeated attempts were made to dig a channel linking the Red Sea and the Mediterranean, so trade on this route was never interrupted. The Muslim dominance became a severe test for the Spice Route. It lasted quite a long time and eventually led to an era of great geographical discoveries.
Incense RouteIn antiquity, the connection of the south of the Arabian Peninsula with the countries of the Mediterranean and Mesopotamia was carried out through the Incense Route. From the ancient kingdoms, located on the territory of modern Yemen and Oman, the peninsula of Somalia and the island of Socotra African spices and valuable incense were brought to the local population of the Mediterranean and Mesopotamia.
Incense RouteThe Romans, who took control of the sea route to India at the beginning of our era, jeopardized the incense trading in the coastal areas of the Arabian Peninsula. The main shopping center was Shabwa, the capital and religious center of the state of Hadhramaut.Over time, the incense trading fell into decay, the shine of the South Arabian cities faded, and mostly salt was transported along the old roads.
Amber RoadThe Amber Road originally led from Jutland along the rivers Rhine and Oder, and then from Sambia (now the territory of the Kaliningrad region) along the Vistula and Danube rivers. This ancient trade route, about which the "father of history" Herodotus wrote, was used to transport Baltic amber (succinite) from the Baltic to the Mediterranean. Then, products made from amber would have been found in the tombs of Egyptian pharaohs.
Amber RoadRaw stones that flowed along the Vistula route to the Apennine peninsula led to the development of amber processing techniques in the south of the Roman Empire (Aquileia), from where the amber goods then sailed further eastwards, to India, Central Asia, and even China.Modern amber routes appeared at the end of the 20th century as part of the protection of Europe's cultural heritage and exactly repeat the ancient trade routes.
Tea RouteThe ancient Tea Route ran in the southwest of China and connected Tibet with the inner regions of the country. Appearing during the Tang Dynasty the Tea Route reached its heyday during the Song Dynasty.Along the high-mountain roads with the help of horse transport, 7-8 tons of tea were brought to Lhasa every year, friendly relations between neighboring peoples were established at the same time.
Salt RouteSalt has long been used in many areas of human life, so the routes on which this vital product was transported were so important. The Salt Route started at Porta Salaria, the gate of the Aurelian wall, and led through the interior regions of Central Italy to the Trout camp on the Adriatic coast providing Rome with a monopoly on salt and being one of the city's prosperity sources.A special feature of the Salt Route is the ancient underground burials located along the way, the Christian catacombs.
Tin RouteTin refers to the seven oldest metals known to human civilization. Becoming an important part of the bronze alloy it acquired great importance in the second half of the 2nd millennium BC. The Trans-Eurasian Tin Route, which ran to the west by two directions, was used to transport tin ore from the deposits of modern Kazakhstan and Altai to the west, to the Derbedenovsky (Middle Volga, Urals) and Loboykovo (Middle Dnieper, Podontsov) metal working sites.
Trans-Saharan Trade RouteThe Trans-Saharan trade route crossed the desert from the south to the north along several routes: trading of ivory, gold, precious stones and slaves was carried out between the countries of North Africa, Carthage and Ancient Rome.The main caravan trade routes, through which valuable goods arrived to the Middle East and Europe, moved several times to the east. With the fall of medieval Mali, the depletion of local gold mines, the formation of a large Songhai trade state, Trans-Saharan trading gradually fell in decay until the creation of sea lanes between the coast of West Africa and Europe put an end to it.



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Diversification Rules: How to build a reliable share portfolio

Вторник, 22 Мая 2018 г. 01:49 + в цитатник

How to reduce the risk of your investment portfolio? The simplest way is diversification. It means the purchase of shares of various companies from several sectors and countries. However, the shares of Aeroflot, Magnit, and several other Russian companies do not at all indicate that you have collected a reliable portfolio. These issuers directly depend on the state of the Russian economy: if the incomes of Russians decrease, then you, as a shareholder, will also earn less. We will tell you how diversification will help to competently assemble an investment portfolio.

Rule 1. Companies should not depend on one indicatorYou can have in your portfolio a stock retailer, an air carrier, a gas producing company, and a steel seller. At first glance, these are different businesses, but they can depend on one thing: the market, the exchange rate, the value of products or other factors.
Market. Companies that sell most of the goods or services in a particular market (Russia, the US, Europe and Asia) are directly dependent on this market. That is, if products are sold less, then both revenue and profit will decrease.For example, Aeroflot and Magnit, despite their different directions, want to take money from one particular Russian. And if a person will have less money, then the income of companies, and accordingly yours (as the owner of shares), will fall. If you buy shares of companies that depend only on one market, you will buy one common macroeconomic risk.
Exchange rate. Another frequent form of dependence, when the company sells most of the goods or services only for dollars or euro, or when the main costs of the business depend on it.For example, M.Video buys equipment abroad for dollars and sells it for rubles in Russia. If the dollar goes up, then M.Video will raise prices for goods, and this is likely to have a negative impact on revenue. Another example: the company Cherkizovo works primarily in the domestic market and sells its products for rubles. If the dollar grows, then the company will only benefit. As imported sausages will rise in price, and sausages by Cherkizovo - no.
Cost of production. Companies that produce one type of product depend on the price of this product. As a rule, this applies to companies that extract oil, gold, diamonds, coal, or metals. For example, Tatneft gets most of the proceeds from the sale of oil. If the price of oil rises, the company's revenue will grow; if it falls, the revenue will decrease.
Rule 2. Companies must engage in different businessesThe main idea of diversification is that the shares of companies that will be in your portfolio should not depend on each other. It's good, if the business does not depend on one indicator, but it's even better if the companies are engaged in different businesses. And even if companies work in the same sector, this does not mean that they receive money for the same thing. A striking example of this are companies RusHydro, Rosseti, and Mosenergosbyt, issuers from the energy sector.
RusHydro produces energy in hydroelectric power plants and then sells it inside the country. Rosseti is engaged in the transportation of electricity. And if companies like RusHydro want to use this service, they will have to pay for it. Rosseti delivers energy to marketing companies, including Mosenergosbyt. The basis of the business of marketing companies is to sell energy to the end user, that is, ordinary people and organizations. Despite the fact that the companies belong to the same sector, the business of each of them is arranged in different ways.
Rule 3. There should be shares with different types of risk in the portfolioUsing diversification you do not need to strive to destroy risks at all costs, you need to be aware of these risks. To collect a portfolio of non-interconnected shares, you need to understand how the business works, on what factors it depends. To do this, study the sources of revenue. Then assess the company's dependence on certain factors (internal or external demand, exchange rates, etc.). If such a dependency exists, decide whether it suits you or not. The main thing is to choose risks consciously. Another way to reduce the dependency is to buy shares with the opposite risk.
But do not forget about the most important thing, profitability. When you try to get rid of risk, do not forget that the task of the portfolio is not only not to lose money but to earn money. And if you want to get profit, you still have to take some kind of risk.


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Diversification Rules: How to build a reliable share portfolio

Вторник, 22 Мая 2018 г. 01:49 + в цитатник

How to reduce the risk of your investment portfolio? The simplest way is diversification. It means the purchase of shares of various companies from several sectors and countries. However, the shares of Aeroflot, Magnit, and several other Russian companies do not at all indicate that you have collected a reliable portfolio. These issuers directly depend on the state of the Russian economy: if the incomes of Russians decrease, then you, as a shareholder, will also earn less. We will tell you how diversification will help to competently assemble an investment portfolio.

Rule 1. Companies should not depend on one indicatorYou can have in your portfolio a stock retailer, an air carrier, a gas producing company, and a steel seller. At first glance, these are different businesses, but they can depend on one thing: the market, the exchange rate, the value of products or other factors.
Market. Companies that sell most of the goods or services in a particular market (Russia, the US, Europe and Asia) are directly dependent on this market. That is, if products are sold less, then both revenue and profit will decrease.For example, Aeroflot and Magnit, despite their different directions, want to take money from one particular Russian. And if a person will have less money, then the income of companies, and accordingly yours (as the owner of shares), will fall. If you buy shares of companies that depend only on one market, you will buy one common macroeconomic risk.
Exchange rate. Another frequent form of dependence, when the company sells most of the goods or services only for dollars or euro, or when the main costs of the business depend on it.For example, M.Video buys equipment abroad for dollars and sells it for rubles in Russia. If the dollar goes up, then M.Video will raise prices for goods, and this is likely to have a negative impact on revenue. Another example: the company Cherkizovo works primarily in the domestic market and sells its products for rubles. If the dollar grows, then the company will only benefit. As imported sausages will rise in price, and sausages by Cherkizovo - no.
Cost of production. Companies that produce one type of product depend on the price of this product. As a rule, this applies to companies that extract oil, gold, diamonds, coal, or metals. For example, Tatneft gets most of the proceeds from the sale of oil. If the price of oil rises, the company's revenue will grow; if it falls, the revenue will decrease.
Rule 2. Companies must engage in different businessesThe main idea of diversification is that the shares of companies that will be in your portfolio should not depend on each other. It's good, if the business does not depend on one indicator, but it's even better if the companies are engaged in different businesses. And even if companies work in the same sector, this does not mean that they receive money for the same thing. A striking example of this are companies RusHydro, Rosseti, and Mosenergosbyt, issuers from the energy sector.
RusHydro produces energy in hydroelectric power plants and then sells it inside the country. Rosseti is engaged in the transportation of electricity. And if companies like RusHydro want to use this service, they will have to pay for it. Rosseti delivers energy to marketing companies, including Mosenergosbyt. The basis of the business of marketing companies is to sell energy to the end user, that is, ordinary people and organizations. Despite the fact that the companies belong to the same sector, the business of each of them is arranged in different ways.
Rule 3. There should be shares with different types of risk in the portfolioUsing diversification you do not need to strive to destroy risks at all costs, you need to be aware of these risks. To collect a portfolio of non-interconnected shares, you need to understand how the business works, on what factors it depends. To do this, study the sources of revenue. Then assess the company's dependence on certain factors (internal or external demand, exchange rates, etc.). If such a dependency exists, decide whether it suits you or not. The main thing is to choose risks consciously. Another way to reduce the dependency is to buy shares with the opposite risk.
But do not forget about the most important thing, profitability. When you try to get rid of risk, do not forget that the task of the portfolio is not only not to lose money but to earn money. And if you want to get profit, you still have to take some kind of risk.


https://instaforex.livejournal.com/1880550.html


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Diversification Rules: How to build a reliable share portfolio

Вторник, 22 Мая 2018 г. 01:49 + в цитатник

How to reduce the risk of your investment portfolio? The simplest way is diversification. It means the purchase of shares of various companies from several sectors and countries. However, the shares of Aeroflot, Magnit, and several other Russian companies do not at all indicate that you have collected a reliable portfolio. These issuers directly depend on the state of the Russian economy: if the incomes of Russians decrease, then you, as a shareholder, will also earn less. We will tell you how diversification will help to competently assemble an investment portfolio.

Rule 1. Companies should not depend on one indicatorYou can have in your portfolio a stock retailer, an air carrier, a gas producing company, and a steel seller. At first glance, these are different businesses, but they can depend on one thing: the market, the exchange rate, the value of products or other factors.
Market. Companies that sell most of the goods or services in a particular market (Russia, the US, Europe and Asia) are directly dependent on this market. That is, if products are sold less, then both revenue and profit will decrease.For example, Aeroflot and Magnit, despite their different directions, want to take money from one particular Russian. And if a person will have less money, then the income of companies, and accordingly yours (as the owner of shares), will fall. If you buy shares of companies that depend only on one market, you will buy one common macroeconomic risk.
Exchange rate. Another frequent form of dependence, when the company sells most of the goods or services only for dollars or euro, or when the main costs of the business depend on it.For example, M.Video buys equipment abroad for dollars and sells it for rubles in Russia. If the dollar goes up, then M.Video will raise prices for goods, and this is likely to have a negative impact on revenue. Another example: the company Cherkizovo works primarily in the domestic market and sells its products for rubles. If the dollar grows, then the company will only benefit. As imported sausages will rise in price, and sausages by Cherkizovo - no.
Cost of production. Companies that produce one type of product depend on the price of this product. As a rule, this applies to companies that extract oil, gold, diamonds, coal, or metals. For example, Tatneft gets most of the proceeds from the sale of oil. If the price of oil rises, the company's revenue will grow; if it falls, the revenue will decrease.
Rule 2. Companies must engage in different businessesThe main idea of diversification is that the shares of companies that will be in your portfolio should not depend on each other. It's good, if the business does not depend on one indicator, but it's even better if the companies are engaged in different businesses. And even if companies work in the same sector, this does not mean that they receive money for the same thing. A striking example of this are companies RusHydro, Rosseti, and Mosenergosbyt, issuers from the energy sector.
RusHydro produces energy in hydroelectric power plants and then sells it inside the country. Rosseti is engaged in the transportation of electricity. And if companies like RusHydro want to use this service, they will have to pay for it. Rosseti delivers energy to marketing companies, including Mosenergosbyt. The basis of the business of marketing companies is to sell energy to the end user, that is, ordinary people and organizations. Despite the fact that the companies belong to the same sector, the business of each of them is arranged in different ways.
Rule 3. There should be shares with different types of risk in the portfolioUsing diversification you do not need to strive to destroy risks at all costs, you need to be aware of these risks. To collect a portfolio of non-interconnected shares, you need to understand how the business works, on what factors it depends. To do this, study the sources of revenue. Then assess the company's dependence on certain factors (internal or external demand, exchange rates, etc.). If such a dependency exists, decide whether it suits you or not. The main thing is to choose risks consciously. Another way to reduce the dependency is to buy shares with the opposite risk.
But do not forget about the most important thing, profitability. When you try to get rid of risk, do not forget that the task of the portfolio is not only not to lose money but to earn money. And if you want to get profit, you still have to take some kind of risk.


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Treasury yields slightly raise the dollar rate

Понедельник, 21 Мая 2018 г. 02:16 + в цитатник

On Tuesday the value of the dollar rebounded from its lowest level in more than a week. The rate began to rise on signals about the reduction of tensions in international trade which caused an increase in the Treasury yield above 3%.

The dollar index, which tracks t the strength of the dollar against a basket of six currencies, the main trading partners of the United States, rose 0.04% to 92.60.

The US currency found support as the yield on 10-year U.S. Treasury notes ticked up to 3.025%, the highest level in three weeks. A rise above the high of 3.035% would take it to its highest in three and a half years. U.S. Treasury yields were boosted by easing trade tensions between the U.S. and China after Donald Trump pledged to help Chinese technology company ZTE to resume work.

In April, the White House barred U.S. companies from selling software and electronic components to ZTE which practically stopped the work of the company.

The dollar rate hit four-and-a-half month highs against a currency basket last week. Then the currency lost momentum after tame U.S. inflation data tempered expectations for more stringent monetary policy by the US Federal Reserve this year.

The regulator raised rates last March and projected two more rate hikes this year, although many investors had seen three hikes as possible. Investors were looking ahead to data on U.S. retail sales to assess the situation in the US economy. The dollar rose 0.22% against the yen to 109.89.

The euro was almost unchanged, holding at 1.1926. The euro touched the day’s highs on Monday after European Central Bank policymaker Francois Villeroy de Galhau said that the European regulator expects a rate hike near the end of the QE program.

The pound was steady, with GBP/USD at 1.3550, ahead of the latest UK jobs report.

The Australian dollar was lower, with AUD/USD sliding 0.11% to 0.7517. The NZD/USD pair was trading at 0.6910.

Read more: https://www.mt5.com/forex_humor/image/35745

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Treasury yields slightly raise the dollar rate

Понедельник, 21 Мая 2018 г. 02:16 + в цитатник

On Tuesday the value of the dollar rebounded from its lowest level in more than a week. The rate began to rise on signals about the reduction of tensions in international trade which caused an increase in the Treasury yield above 3%.

The dollar index, which tracks t the strength of the dollar against a basket of six currencies, the main trading partners of the United States, rose 0.04% to 92.60.

The US currency found support as the yield on 10-year U.S. Treasury notes ticked up to 3.025%, the highest level in three weeks. A rise above the high of 3.035% would take it to its highest in three and a half years. U.S. Treasury yields were boosted by easing trade tensions between the U.S. and China after Donald Trump pledged to help Chinese technology company ZTE to resume work.

In April, the White House barred U.S. companies from selling software and electronic components to ZTE which practically stopped the work of the company.

The dollar rate hit four-and-a-half month highs against a currency basket last week. Then the currency lost momentum after tame U.S. inflation data tempered expectations for more stringent monetary policy by the US Federal Reserve this year.

The regulator raised rates last March and projected two more rate hikes this year, although many investors had seen three hikes as possible. Investors were looking ahead to data on U.S. retail sales to assess the situation in the US economy. The dollar rose 0.22% against the yen to 109.89.

The euro was almost unchanged, holding at 1.1926. The euro touched the day’s highs on Monday after European Central Bank policymaker Francois Villeroy de Galhau said that the European regulator expects a rate hike near the end of the QE program.

The pound was steady, with GBP/USD at 1.3550, ahead of the latest UK jobs report.

The Australian dollar was lower, with AUD/USD sliding 0.11% to 0.7517. The NZD/USD pair was trading at 0.6910.

Read more: https://www.mt5.com/forex_humor/image/35745

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Eight most important trade routes of antiquity

Понедельник, 21 Мая 2018 г. 02:12 + в цитатник

Trade routes have developed since ancient times to facilitate cultural exchange, including the development of economic relations, the spread of religious views and innovative ideas. In our photo gallery you will find the main trade routes that shaped the further development of history.

Silk RoadEveryone knows that the Silk Road is the trade route, linking East Asia with the Mediterranean in antiquity and in the Middle Ages. The path was laid in the 2nd century BC, but its name was created by the German geographer Ferdinand von Richthofen only in 1877.
Silk RoadThe great Chinese empire Tang transported to Europe not only silk and spices but also new technologies, therefore in the countries of the Old World, the fashion for the Asian dresses and products was formed.As the Roman Empire crumbled and the Arab started their conquests the intensity of trade, economic and cultural ties between the peoples of the Near and Middle Asia, the Caucasus and China significantly reduced.
Spice RouteThe spice route, one of the oldest trade routes on earth, started from the ports of the Arabian and Red Seas through Petra to the Mediterranean coast. Spices were brought here from India and the Spice Islands, precious wood and ivory - from East Africa, and silk and precious stones - from China.
Spice RouteIn ancient times, repeated attempts were made to dig a channel linking the Red Sea and the Mediterranean, so trade on this route was never interrupted. The Muslim dominance became a severe test for the Spice Route. It lasted quite a long time and eventually led to an era of great geographical discoveries.
Incense RouteIn antiquity, the connection of the south of the Arabian Peninsula with the countries of the Mediterranean and Mesopotamia was carried out through the Incense Route. From the ancient kingdoms, located on the territory of modern Yemen and Oman, the peninsula of Somalia and the island of Socotra African spices and valuable incense were brought to the local population of the Mediterranean and Mesopotamia.
Incense RouteThe Romans, who took control of the sea route to India at the beginning of our era, jeopardized the incense trading in the coastal areas of the Arabian Peninsula. The main shopping center was Shabwa, the capital and religious center of the state of Hadhramaut.Over time, the incense trading fell into decay, the shine of the South Arabian cities faded, and mostly salt was transported along the old roads.
Amber RoadThe Amber Road originally led from Jutland along the rivers Rhine and Oder, and then from Sambia (now the territory of the Kaliningrad region) along the Vistula and Danube rivers. This ancient trade route, about which the "father of history" Herodotus wrote, was used to transport Baltic amber (succinite) from the Baltic to the Mediterranean. Then, products made from amber would have been found in the tombs of Egyptian pharaohs.
Amber RoadRaw stones that flowed along the Vistula route to the Apennine peninsula led to the development of amber processing techniques in the south of the Roman Empire (Aquileia), from where the amber goods then sailed further eastwards, to India, Central Asia, and even China.Modern amber routes appeared at the end of the 20th century as part of the protection of Europe's cultural heritage and exactly repeat the ancient trade routes.
Tea RouteThe ancient Tea Route ran in the southwest of China and connected Tibet with the inner regions of the country. Appearing during the Tang Dynasty the Tea Route reached its heyday during the Song Dynasty.Along the high-mountain roads with the help of horse transport, 7-8 tons of tea were brought to Lhasa every year, friendly relations between neighboring peoples were established at the same time.
Salt RouteSalt has long been used in many areas of human life, so the routes on which this vital product was transported were so important. The Salt Route started at Porta Salaria, the gate of the Aurelian wall, and led through the interior regions of Central Italy to the Trout camp on the Adriatic coast providing Rome with a monopoly on salt and being one of the city's prosperity sources.A special feature of the Salt Route is the ancient underground burials located along the way, the Christian catacombs.
Tin RouteTin refers to the seven oldest metals known to human civilization. Becoming an important part of the bronze alloy it acquired great importance in the second half of the 2nd millennium BC. The Trans-Eurasian Tin Route, which ran to the west by two directions, was used to transport tin ore from the deposits of modern Kazakhstan and Altai to the west, to the Derbedenovsky (Middle Volga, Urals) and Loboykovo (Middle Dnieper, Podontsov) metal working sites.
Trans-Saharan Trade RouteThe Trans-Saharan trade route crossed the desert from the south to the north along several routes: trading of ivory, gold, precious stones and slaves was carried out between the countries of North Africa, Carthage and Ancient Rome.The main caravan trade routes, through which valuable goods arrived to the Middle East and Europe, moved several times to the east. With the fall of medieval Mali, the depletion of local gold mines, the formation of a large Songhai trade state, Trans-Saharan trading gradually fell in decay until the creation of sea lanes between the coast of West Africa and Europe put an end to it.


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Eight most important trade routes of antiquity

Понедельник, 21 Мая 2018 г. 02:12 + в цитатник

Trade routes have developed since ancient times to facilitate cultural exchange, including the development of economic relations, the spread of religious views and innovative ideas. In our photo gallery you will find the main trade routes that shaped the further development of history.

Silk RoadEveryone knows that the Silk Road is the trade route, linking East Asia with the Mediterranean in antiquity and in the Middle Ages. The path was laid in the 2nd century BC, but its name was created by the German geographer Ferdinand von Richthofen only in 1877.
Silk RoadThe great Chinese empire Tang transported to Europe not only silk and spices but also new technologies, therefore in the countries of the Old World, the fashion for the Asian dresses and products was formed.As the Roman Empire crumbled and the Arab started their conquests the intensity of trade, economic and cultural ties between the peoples of the Near and Middle Asia, the Caucasus and China significantly reduced.
Spice RouteThe spice route, one of the oldest trade routes on earth, started from the ports of the Arabian and Red Seas through Petra to the Mediterranean coast. Spices were brought here from India and the Spice Islands, precious wood and ivory - from East Africa, and silk and precious stones - from China.
Spice RouteIn ancient times, repeated attempts were made to dig a channel linking the Red Sea and the Mediterranean, so trade on this route was never interrupted. The Muslim dominance became a severe test for the Spice Route. It lasted quite a long time and eventually led to an era of great geographical discoveries.
Incense RouteIn antiquity, the connection of the south of the Arabian Peninsula with the countries of the Mediterranean and Mesopotamia was carried out through the Incense Route. From the ancient kingdoms, located on the territory of modern Yemen and Oman, the peninsula of Somalia and the island of Socotra African spices and valuable incense were brought to the local population of the Mediterranean and Mesopotamia.
Incense RouteThe Romans, who took control of the sea route to India at the beginning of our era, jeopardized the incense trading in the coastal areas of the Arabian Peninsula. The main shopping center was Shabwa, the capital and religious center of the state of Hadhramaut.Over time, the incense trading fell into decay, the shine of the South Arabian cities faded, and mostly salt was transported along the old roads.
Amber RoadThe Amber Road originally led from Jutland along the rivers Rhine and Oder, and then from Sambia (now the territory of the Kaliningrad region) along the Vistula and Danube rivers. This ancient trade route, about which the "father of history" Herodotus wrote, was used to transport Baltic amber (succinite) from the Baltic to the Mediterranean. Then, products made from amber would have been found in the tombs of Egyptian pharaohs.
Amber RoadRaw stones that flowed along the Vistula route to the Apennine peninsula led to the development of amber processing techniques in the south of the Roman Empire (Aquileia), from where the amber goods then sailed further eastwards, to India, Central Asia, and even China.Modern amber routes appeared at the end of the 20th century as part of the protection of Europe's cultural heritage and exactly repeat the ancient trade routes.
Tea RouteThe ancient Tea Route ran in the southwest of China and connected Tibet with the inner regions of the country. Appearing during the Tang Dynasty the Tea Route reached its heyday during the Song Dynasty.Along the high-mountain roads with the help of horse transport, 7-8 tons of tea were brought to Lhasa every year, friendly relations between neighboring peoples were established at the same time.
Salt RouteSalt has long been used in many areas of human life, so the routes on which this vital product was transported were so important. The Salt Route started at Porta Salaria, the gate of the Aurelian wall, and led through the interior regions of Central Italy to the Trout camp on the Adriatic coast providing Rome with a monopoly on salt and being one of the city's prosperity sources.A special feature of the Salt Route is the ancient underground burials located along the way, the Christian catacombs.
Tin RouteTin refers to the seven oldest metals known to human civilization. Becoming an important part of the bronze alloy it acquired great importance in the second half of the 2nd millennium BC. The Trans-Eurasian Tin Route, which ran to the west by two directions, was used to transport tin ore from the deposits of modern Kazakhstan and Altai to the west, to the Derbedenovsky (Middle Volga, Urals) and Loboykovo (Middle Dnieper, Podontsov) metal working sites.
Trans-Saharan Trade RouteThe Trans-Saharan trade route crossed the desert from the south to the north along several routes: trading of ivory, gold, precious stones and slaves was carried out between the countries of North Africa, Carthage and Ancient Rome.The main caravan trade routes, through which valuable goods arrived to the Middle East and Europe, moved several times to the east. With the fall of medieval Mali, the depletion of local gold mines, the formation of a large Songhai trade state, Trans-Saharan trading gradually fell in decay until the creation of sea lanes between the coast of West Africa and Europe put an end to it.


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