With 114 million dollars in donations, Obama did better than Romney in August

U.S. President Barack Obama has collected in August, $ 114 million of contributions to finance the campaign for reelection, beating  the first time Republican rival Mitt Romney, said his campaign manager on Monday.

“More than one million one hundred thousand Americans – including 317,000 new contributors – paying on average $ 58 gave $ 14 million in total,” the largest amount of his 2012 presidential campaign, said Jim Messina. “The key to respond to the great interests who sign checks unlimited for Mitt Romney’s campaign is to expand our donor base, and this is what we actually did in August,” said M . Messina. These payments are significant because they occur after the appointment of Paul Ryan very conservative as a running mate for Romney.vAccording to the journal of the Congress, Hill, Mitt Romney has raised 111 million for his part in August ahead for the first time by Mr. Obama the collection of money, so he was largely heading in the previous months. The Republican candidate in July maintained a net financial benefit with a reserve of 186 million against only 124 million into the coffers of Barack Obama, according to the official accounts of the Federal Election Commission.

These figures did not include the payments in August or substantial advertising expenditures made in the same month by the two candidates. Advantage should continue to Mr. Romney, who has accumulated considerable sums of money waiting to be officially designated by the Republican convention in August before legally disposing. The money paid by Obama supporters will therefore only recover a little bar. In this chapter, the campaign team of the outgoing president said that in some states the television spots Romney and activism groups his supporters are twice as large in terms of expenditure than his Democratic rival. The outgoing president nevertheless on the rise, according to a Gallup daily poll, which gave him Sunday five points ahead of his challenger in the polls.

The Government is considering reducing margins on fuel oil and petrol stations

The government “will consider measures” that allow lower profit margins earned by operators in the price of fuel , and this could apply to “tax measures” being passed on businesses and not consumers, announced the vice Government, Soraya Sáenz de Santamaría, after the Council of Ministers.

Alongside this, the government is “studying contracts flagging service stations with distributors” in order to proceed to liberalize and thereby “allow easier changes” and “remove barriers to entry,” he said.

Saenz de Santamaria said that the prices of petrol and diesel have reached “a peak in recent weeks” and that in the fuel sector of the energy price increases on international markets move quickly to the supplier, which does not happen with the decreases, so that prices “go up like a rocket and fall like a feather.”

The measures “not yet decided” and go to “speak to the sector,” said the Deputy Prime Minister, after explaining that the decision to study them has been adopted after the Council of Ministers on Friday a report analyze Ministry of Industry, Energy and Tourism on the matter.

In this report, he said, shows that the margins earned by operators in both petrol and diesel exceeds the European average and raise the price of fuel, although in Spain the tax burden is lower than the rest of the continent .

In fact, of the three elements of the fuel prices, which are the product cost, taxes and margin, the first is similar to the European average, while the tax burden is lower and the benefit to the operator is higher, he said.

“Spain is the eurozone countries that less gravel road and fuel tax, however, is one of the states where the margin, the gain is greater,” said Saenz de Santamaria.

Petrol and diesel.

To illustrate this fact, pointed are the Super 95 unleaded, in which the taxes in Spain are of 69.3 euro cents per liter, up from 66.9 cents in energy costs and 15 cents range.

As the area euro, taxes are higher for the same product, from 92.6 cents, while the cost is similar and the margin is less, from 13.3 cents. In France, the margin is even lower, at 9.8 cents.

In the case of diesel, the tax amounts to 58.5 cents per liter, compared to the area average euro to 71 cents, while the profit margin amounted to 15.1 cents, compared to 13.3 in the countries of environment.

Central Banks Won’t “Stack Up More Austerity” in Europe

Countries applying a program of buying bonds of the European Central Bank will not necessarily be at the request of making more cuts, as some governments have already taken solid steps in that direction, said Saturday Coeuré Benoit, a member of the governing council ECB.

In remarks that could allay some fears in Spain on ECB support request to reduce the performance of its sovereign bonds, Coeuré said the idea of the central bank’s program “is not stacking up more austerity”.

“The ECB’s intervention can only work if countries are on the way back to growth that will enable them to reduce their debt,” said Coeuré to France Inter in a radio.

“That does not necessarily mean more austerity. Certain countries, as we have already taken many steps in the right direction and therefore would not be necessarily more demands,” he added.

The ECB agreed Thursday to possibly launch an unlimited bond purchases to lower financing costs for members of the area euro in trouble, despite the resistance of the German Bundesbank , an announcement that triggered actions in European financial markets.

The ECB President Mario Draghi said the plan to buy short-term sovereign debt in the secondary market was subject to “strict and effective conditions” as that countries aspiring first request an aid program of rescue funds zone euro EFSF and ESM, which could involve further reform commitments.

This aggravated the debts over whether the government of President Mariano Rajoy, who is fighting a deep recession and unemployment of around 25 percent, would seek help. Rajoy has insisted that Spain has already taken the necessary and painful steps that were needed to restore public finances.

“This is a conversation that must take place not between Spain and the ECB, but between Spain and other eurozone members (…) It is a political decision,” said Coeuré.

The Spanish Deputy Prime Minister, Soraya Saenz de Santamaria, said that Spain will address the conditions that lead the ECB program with its partners in the area euro at a meeting of finance ministers of the EU to be held in Cyprus next week .

Coeuré said the ECB’s bond purchases will not solve the crisis of the block and that growth will remain weak in 2012 and 2013.

Reducing debt levels is a condition to return to growth, he said, but we also need policies to implement economies of the euro area, as the stimulus program of 120,000 million euros this year agreed by leaders of the region.

“Today we are in a situation in which the single market is no longer working, especially in the capital market,” said Coeuré, pointing also to fragmentation in the services and labor markets.

He also indicated that a pan-European plan Dole allow workers to move more freely through the region.

“There is a wide range of policies to restore economic dynamism in Europe that have not been explored enough,” he said. “It is urgent because this social crisis has lasted many months and the more you drag Europe into it, the worse the social and economic consequences,” he added.

Earthquake in China caused 89 dead and over 700 injured

The earthquake that struck on Friday, the provinces of Yunnan and Guizhou in southwest China, has already left at least 89 dead and over 700 injured, according to official figures.

The Department of Civil Affairs of Yunnan expects the number to rise as rescue teams able to reach inaccessible mountain villages , where communications infrastructure and electricity supply has been badly damaged by the earthquake.

More than 100,000 people were evacuated, while others require 100,000 new housing after the quake destroyed 6,650 homes in the province and damaged 430,000 others, according to data released by the official Xinhua news agency. In Guizhou, according to these data, two people were injured and more than 10,000 houses have been damaged by earthquakes.

The economic losses, according to the Department of Social Services of Yunnan, and reach 3,500 billion yuan (551 million dollars).

The Department has begun sending relief assistance to the affected by disasters, including thousands of tents, blankets and coats for those affected.

The earthquake occurred just after 11:00 pm (0300 GMT) on Friday in the border area between the provinces of Yunnan and Guizhou, according to the Control Center of China Earthquake.

The quake, whose epicenter was located about 15 miles from the center of Yiliang at a depth of 14 kilometers, was followed by up to 16 replicas.

Nokia apologizes for fake Lumia 920 ad

The material used in the ad must show that its technology helps prevent blurred images. It was shown at a press conference on Wednesday to prove that the Lumia 920 was the ‘smartphone’ with best picture quality on the market. The magazine ‘The Verge’ published ‘shame that this distorted’ .

Nokia has apologized after it came to light allegedly shot an ad with the new Smartphone star, the Lumia 920, which was actually false. As brought to light the culture and technology magazine ‘The Verge’, the brightness of a window makes clear that the type of lens used is rather that of an SLR .

Nokia fake ad

The video (above) ad tries to show the properties of image stabilization profile of the product, but in fact there is a demonstration of the product, since it uses a completely different team that promotes . Investors had already shown his doubts about the possibility that this phone revitalize the technological value of the company, which fell 8% in bag. On Tuesday, the product sales fell 6%.

The fake ad

The commercial break shows a man shooting his girlfriend with both your smartphone while bicycling. Here we see the video allegedly filmed by a camera phone, and that was actually recorded by a professional camera operator.

A split screen shows how the same recording would be mobile in the case of applying the optical image stabilization (‘OIS’, for its acronym in English) on the side. On the other side of the screen, see the difference should not be applied. But in fact, none of the images have been recorded with the phone .

The Nokia Blog has admitted the charge through a blog entry that is titled ‘It requires an apology’ . The web editor, Heidi Lemmetyinen said “we produced a video that simulates what we offer with the OIS”. He has also written “should have ‘posted’ an apology saying it was only a simulation. Was not recorded with a Lumia 920

Eurovegas in Madrid

Las Vegas Sands Corp., the group of American tycoon Sheldon Adelson, announced this evening the choice of the Community of Madrid to build the Eurovegas project for leisure and gaming. 

Through a statement in Las Vegas (USA), the company indicates that selection of Madrid gives way to a new phase in which both choose “specific location” in which the project will stand as the definition its final extension. ”

Localities Paracuellos Jarama Madrid / Torrejon, and Valdecarros Alcorcon ( Madrid ) were the municipalities that pushed for the location of the leisure center .

The project Eurovegas, as previously indicated its promoters, will involve an investment of 17,000 million euros, will create 260,000 jobs and could open in 2022.

Las Vegas Sands appreciates both Madrid and Barcelona “time and effort” dedicated to this process.

“We’ve had great support in both cities and are grateful for the friendships that have developed,” said Sheldon Adelson, chairman of the company.

The regional government of Madrid “has been a strong advocate for this potential project,” Adelson said “the selection of Madrid to Barcelona was not an easy choice. ”

“We express our deepest gratitude to the people, both within the Catalan government and those who have served as consultants or advisors for us during the assessment process,” concludes Adelson.

Zuckerberg slows the sale of shares in Facebook after the crash in the stock market

The CEO of Facebook, Mark Zuckerberg, will not sell shares in the social network over the next twelve months. The announcement of the company, in a document submitted to the Securities and Exchange Commission in the U.S., matches that of shares on Tuesday. The stock has reached a new low: $ 17.55 each, below the psychologically important $ 18.

The billionaire Zuckerberg “has no intention of carrying out any transaction with our shares for at least twelve months,” the document that has been filed with the SEC. Data from the company on the floor on Tuesday are far from the $ 38 with which it debuted the popular social network last May.

Zuckerberg’s decision is aimed at reducing the number of shares available in the market , and adds to the announcement of two of its directors Marc Andreessen and Donald Graham, that it will only sell the necessary to meet the payment of taxes.

Last month, Peter Thiel, an early investor in Facebook, and one of its co-founders Dustin Moskovitz sold part of their shares in the company.

Also, the social network has explained its plans to buy back 101 million shares, about 4% of the shares available , and that could be sold as deadlines expire following restriction for current employees. In fact, bring forward the completion of this limit from 14 November to 29 October. According to current prices, Facebook spend about 1,900 million dollars to keep these shares out of the market.

Apple will introduce the iPhone 5 on September 12

Apple introducing iPhone 5 this year was a secret that ran like wildfire through the Internet and the media, and that any analyst discounted. Although there is no official confirmation, as is customary in each time Apple has any of its devices, the media has been a call for September 12 where the phrase “is almost here” and the number 12 below, accompanied by the shadow of a 5.

The buzz created by the rumor of a new model launch in autumn has achieved a milestone in the bag: the company got, on Monday August 20, pass a value of 503.845 million euros before the announcement of new products which, obviously, will be a success .

According to FBR Capital Markets analyst Craig Berger, Apple will beat all its records with the iPhone 5. Berger Mashable has insured that the new “smartphone” will sell 250 million units in what is considered its lifetime and will report to the company a profit of 144,000 million dollars (116.072 million euros).

Given that Apple has launched five models of iPhone on the market and they have obtained 50 000 million (EUR 40.228 million), the new iPhone will be, according to Berger, “a veritable tsunami” because throughout its lifecycle The iPhone 5 would sell the same number of units as other phone models so far.

Kate Middleton: Royal supporter of Paralympics

Even with sneakers on his feet, Kate Middleton has a breakneck pace. And the rain did not scare the princess from supporting the English athletes at the Paralympic Games. Sunday, she moved unceremoniously in the stands to watch the rowing. An enthusiast, this sportswoman who married Prince William last year did not hide her joys, raising her fist and cheering without break.

Sheltered under the hood of his jacket Adidas, the Duchess of Cambridge has taken the game of rowers. Later in the day, she donned her navy blue suit to recover the gold medal in the launcher Aled Davies British records.

Botin: The Government’s reforms are on track. Now you have to do is comply

The chairman of Banco Santander, Emilio Botin , has welcomed all the reforms undertaken by the Government, which he considers “prepared” to decide whether or not a ransom calls to the European Union.

“The latest measures taken by the government are on track, in every way. Both labor reform, as in taxation, deficit, financial reform, now, you have to do is meet them , “said Botin in Mexico, where he presented during the launch of a public offering of shares of its subsidiary Central.

The chairman of Santander, on the other hand, did not rule on whether the government should seek financial support from Brussels, but was convinced that the Spanish government ” will take action as appropriate because it is well prepared to take them . “

Feedback ‘bad bank’

Botin , who acknowledged his initial opposition to the creation of a ‘bad bank’ that agglutinated toxic real estate assets of financial institutions, eventually accept it because it is “one of the nearly forty” conditions imposed on Spain in the memorandum of understanding receive the credit line of 100 million to clean up the financial system.

“I was totally against to put into practice the ‘bad bank’ in this country, and the government said the same, but it is among the conditions for financial assistance to be given to Spain, “Botin  recalled that it is preferred to wait until November, when we know the details of the instrument, to make evaluations.

In any case, acknowledged that “very important” are the prices at which assets are valued damaged property nationalized entities ( Bankia, Novagalicia, Catalunya Caixa and Banco de Valencia ) moved to ‘bad bank’.

Botin said that Santander provisioned yet to 2,200 million euros for its exposure to real estate , but recalled that the bank has not received any assistance during the financial crisis.

“At year end will fully provisioned Santander whole ‘brick’ in Spain, so that in 2013 and 2014 will not have to make provisions beyond normal driving own business “specified Botin .

‘September is interesting’

“I’m very optimistic because we have a very interesting September and I think it will be okay, “said the chief executive of Santander.

As important milestones this month, Botin cited the Governing Council of the European Central Bank and the informal Eurogroup.

Santander president believes that the euro is irreversible and “is not going to break.” “You will succeed,” Botin said conclusively.

Chérèque calls to “accelerate reforms”

While unemployment is now close to 3 million, the secretary general of the CFDT, Francois Chérèque, calls on the government and the social partners to “accelerate reforms.”

To save businesses and jobs, “the government must accelerate reforms and also the social partners. We need to start trading on the labor market as quickly as possible to conclude at the earliest, “he said in an interview with Journal du Dimanche . “We do not need a year to negotiate agreements in employment protection, which allow the economic and employment protection.  The situation is too serious to wait, he adds, noting that it could not satisfy the government’s timetable. Chérèque defends the lower cost of labor in July, Prime Minister Jean -Marc Ayrault, set the deadline of the negotiations on securing employment at the end of the first quarter of 2013, but this week he urged the social partners “to accelerate the pace.”

For François Chérèque, “the economic situation is bad because France is not adapted to the challenges of globalization. But “part of the political and trade union refuses to see,” he says. “We must work on a transformation of our economy that will be respectful to the environment.” He also agreed that the too high labor cost in France by the employers “is a loss factor of competitiveness” and recommends the fall “by transferring a portion of the expenses of the CSG, without touching the purchasing power.” Chérèque is asking the government to “accelerate the implementation of the High Council for the financing of social protection.” The leader of CFDT warned against a possible failure of the negotiations: “If nothing is done, if employees see no future and justice beyond the rigor, the reactions will necessarily be negative. Yes, there is a risk of social unrest companies located in or close in some neighborhoods, “he warns.

Zara opens online store in China

The fashion chain Zara, owned by Inditex textile giant, will strengthen its presence in the Asian market with the opening of its online store in China next Wednesday, September 5.

With this release, the group reflects its commitment to this country, where it hopes to finish this year with 425 stores of different brands, and continues with the expansion of Internet sales.

Asia is one of the priority areas of growth of the company headed by Paul Island, for whom the start of the sale ‘online’ in China is a “strategic significance”, supplementing the expansion plans in this area, as advanced during the presentation of the results of last year.

Inditex, which began operating in the Chinese market in 2004 with the opening of a Zara store in Hong Kong, had the end of the first quarter of its 2012 financial year with 289 stores (107 of Zara) in cities like Beijing, Shanghai, Shenzhen, Dalian and Hangzhou, among many others.

The online store Zara, which precisely meets its second anniversary this Sunday of commercial activity in the network is operating in twenty countries. China is the third country in which the sale starts ‘online’ outside Europe, after the U.S. and Japan.

Inditex won 1,932 million euros in the last fiscal year, up 12%, and increased sales by 10% to 13,793,000. This year plans to open between 480 and 520 stores, bringing its sales network exceed 6,000 establishments.

During the shareholders meeting last July, said that Inditex Island will invest around EUR 1,000 million in fiscal 2012 to further advance its expansion, which is the “clear priority” of a group with opportunities for “global growth” . “Invest today for that future growth,” said the chief executive of the company.