Author: Micheal

The crisis left many injured in the U.S.. The plan being designed and to be approved by the United States Congress, change the way the government oversees both banks, as investment institutions and insurance agencies and brokers. Among the reforms under consideration, Congress could also establish an office within the Department of Treasury would be responsible for regulating the insurance industry. For more clarity and thought, follow up with Sen. Marco Rubio and gain more knowledge.. There is much debate in major financial centers in relation to regulatory issues. Since the IMF was concerned that it generates an overreaction on the subject. John Lipsky, IMF number two said on the subject: “Clearly we need more effective regulation, where it is clear that weaknesses in the regulatory, supervisory structures, have created systemic flaws … We have all we need regulation But no more. ” With this new global trend (“motivated by the belief of policymakers or as a way out of guilt?), It is clear that it is ever more distant the period which promoted deregulation of markets driven by market hypothesis efficient. Thus, increased regulation and supervision in the global financial system, it will have less ability to let their imaginations and develop new financial products. The other issue that will negatively affect the prospects of the international financial system is what can happen with interest rates mainly in the U.S. and the euro area. On the day of yesterday, the Fed decided to leave unchanged its benchmark, but beyond that, it became clear that it has fallen behind the rate cut cycle and is about to start the upward cycle, will not the Federal Reserve authorities, but by the urgent need to contain, to prevent inflation from becoming uncontrollable. From across the Atlantic in the eurozone, the ECB acknowledges that it is in a state of high alert due to the intensification of inflationary risks. Against this background, the ECB president Jean-Claude Trichet, must be relieved to have avoided yielding to pressure from those who wanted a cut in the benchmark rate. Even Trichet is likely to be of the pleasure of increasing rates, backed by the solid state, according to the ECB keeps the economy of the euro area. With greater regulation and higher borrowing costs, the growth outlook for the international financial system is not entirely encouraging. Is approaching a period in which the international financial system face an adversarial context where it has not yet left behind the marks of the subprime crisis. Therefore, it is likely that the international financial system, it takes a longer time than expected in principle to recover. But this would not be the worst since some major banks worldwide, believe that it is possible to trigger a global financial crisis in the short term. The newspaper Infobae, “plays the Bob Janjuah tips analyst at Royal Bank of Scotland warned its clients where the possibility of a short-term crisis” will soon produce a very unpleasant period, so be prepared ” . For Morgan Stanley, the opposing positions presented in monetary policy between the Fed and the ECB, may lead to the European economy to repeat the crisis of 1990, as “Infobae:” We see significant similarities between strains overseas that generated the crisis of 1990 and taking place today. The result of the 1992 deadlock was a major crisis in the currency market and a recession in Europe. ” Clearly, there are good times ahead for the international financial system and this will hinder the emergence of profitable investments.

Introduction by their geographical characteristics, cultural and economic, between other, Yucatan is a place of opportunities for international cooperation. Of the Mayab is a territory where the success of the projects is a guarantee and investment is secured. Among others, the aspects that give this certainty to the State (Sefoe, 2011). On the other hand, decentralised international cooperation has been generated since the last decades of the century (and Millennium) passed, new perspectives to generate progress and have better conditions to participate in the international trade with the consequent economic development and quality of life of the population. Conceptualization is understood as cooperation between institutions, society and even municipalities and States, both nationally and internationally, that are related and directly associated in order to carry out activities allowing its development and enrichment, among other aspects. Background during the 1980s conceived the cooperation activities such as bindings to receive aid and international economic resources without risk or commitment by the beneficiary. In the 1990s, intends to decentralised cooperation in which principals involved were the States and municipalities (Petrantonio, 2002). International cooperation has not received much attention in Mexico, in fact do not form part of Mexican politics, this has caused difficulty to rid political boundaries and bureaucratic obstacles, as well as lack of attention and resources to encourage initiatives. Undoubtedly, in the country it has with the technical capacity and the interest of entrepreneurs to develop cooperation activities. However, the Mexican political system centralizing decisions, resources, and concessions, limiting the initiative of organizations and entrepreneurs of international activities. In this way, the conditions for the success of international cooperation are affected by the lack of support and will of the institutions political and governmental.