Monday, January 23, 2012

Shaw Capital Management Factoring and Financings - Google+


https://plus.google.com/102728501083828066331/posts

GOVERNMENT shelling out reductions will contribute to a 22% begin repossessions next year, a grim review warned yesterday. The Council of Mortgage Lenders said 45,000 families may lose their homes in 2012, up from 37,000 this year. While, that would still be fewer than the 47,900 forced to hand back the keys in 2009, it is part of a broader malaise intimidating the housing market.Based from the Shaw Capital Management, The CML says that it should also expect ­mortgage lending to contract and the amount of home buyers slipping behind with loan repayments to go up. There are around 166,000 people as its approximations with delinquencies of more than 2.5% today, down from 196,000 in 2009.But it should expect this total to go up again to 180,000 next year as Government reductions lead to rising unemployment and wage goes up again fail to keep rate with living costs.

Bob Pannell, CML chief economist, said: “With higher ­unemployment and the likelihood of real incomes controlling at best over the course of the year, we should expect to see greater financial stress.”The CML predicts net lending, the total of new lending after repayments, will plunge to £5billion next year from £9billion this year and £41bn in 2008.According to the Shaw Capital Management,The amount of properties altering hands will also slide to 825,000 from 852,000 expected this year and 901,000 in 2008 as the credit crunch started. Richard Sexton, director of e.surv chartered surveyor, warned the eurozone crisis would make it more robust for banks to boost funds for lending. With buyer assurance low and credit conditions “congealing”, he said mortgage rates would rise while lending to people with small deposits falls.“The recent international economic uncertainty has dented the mortgage market with gives off that will leave it still groggy in the New Year,” he said. Campbell Robb, chief executive of Shelter, said: “We have been warning that increasing numbers of homeowners are straining under the combined pressures of sky high living costs and rising unemployment.”Today’s prediction from the CML shows this continued squeeze on the finances of struggling families is about to hit home.”Even more terrifying is the threat that interest rates might rise next year. If this happens then we could see thousands more families go through the nightmare of repossession and homelessness rise significantly.”

Tuesday, January 17, 2012

Shaw Capital Management: Cyber World War Warning from Security Experts by Shaw Capital Management Factoring

http://shaw-capitalmanagementfactoring.com/2011/11/shaw-capital-management-cyber-world-war-warning-from-security-experts/


The major Internet security specialist cautioned Tuesday that the cyber terrorist assault having “catastrophic consequences” currently seemed significantly probable in the world in a condition close to cyber war.
Talking outside of an international meeting on Internet security in London, Eugene Kaspersky, the Russian mathematics genius, explained to Sky News the danger was actual and present a real danger.
“I don’t want to speak about it. I don’t even want to think about it,” he stated. “But we are close, very close, to cyber terrorism. Perhaps already the criminals have sold their skills to the terrorists — and then … oh, God.”
Based from Shaw Capital Management research – Kaspersky, who started an Internet security business having a worldwide hit, claimed he thought that cyber terrorism has been the largest instant danger confronting countries as varied as China as well as the U.S.
“There is already cyber espionage, cyber crime and hacktivisim [when activists attack networks for political ends] — soon we will be facing cyber terrorism, “he explained.
U.K. Prime Minister David Cameron, speaking in the London Cyber Conference, put into the expanding chorus of global leaders sounding this internet alert.
“We are here because international cyber security is real and pressing concern,” he was quoted saying. “Let us be frank. Every day we see attempts on an industrial scale to steal government secrets — information of interest to nation states, not just commercial organizations.
“Highly sophisticated techniques are being employed … These are attacks on our national interest. They are unacceptable.”
The guy cautioned that “we will respond to them as robustly as we do any other national security threat.”
The U.S. as well as U.K. employed the convention setting out guidelines they expect may constitute the foundation of worldwide cooperation in internet governance, by which states work jointly upon concerns like security and copyright safeguard without imposing new limitations upon customers, The Wall Street Journal revealed.
The convention that was joined in by business and government leaders coming from around the globe demonstrates how internet security has vaulted around the international policy agenda. Yet it’s as prone to showcase arguments around consensus, along with China among others as interested in clamping down on online users compared with closing the door on criminals as well as spies.
“How do we achieve security for nations, people and business online without compromising the openness that is one of the Internet’s greatest attributes?” US Vice President Joe Biden told the assembly by way of video link.
Secretary of State Hillary Clinton had terminated her attendance because her mother passed away.
U.K. Foreign Secretary William Hague mentioned whatever issues arise, the fast progression of the Internet signifies talks of the future and governance should proceed to a global phase.
“The truth is that in cyber space, no one country can do it alone,” he said to the discussion in the beginning statement Tuesday. “In the place of today’s cyber free-for-all, we need rules of the road.”
Hague proclaimed seven guidelines as the grounds for more appropriate co-operation, this includes “the need for governments to act proportionately” on the internet as well as in agreement with international law; safeguard regarding freedom of expression; respect for privacy and copyright; as well as recommended mutual action against criminals acting on-line.
The U.S. official claimed the principles had been mainly in line with U.S. cyber strategy and the assembly had been substantial since it aided carry the Internet through merely a technical discussion to worldwide diplomacy.
Authorities coming from 60 nations are participating for the two-day assembly. Among them is China, of which some officials in the U.K. and U.S. have charged with orchestrating a campaign of cyber espionage directed for thieving the intellectual property in their biggest corporations.

Sunday, January 15, 2012

Shaw Capital Management: 2012 Warning: Eurozone Economic Downturn

http://news.shaw-capitalmanagementfactoring.com/2012/01/shaw-capital-management-2012-warning-eurozone-economic-downturn/


The eurozone is anticipated to go back to downturn in 2012 according to a report from Shaw Capital Management by audit firm Ernst & Young. The company said it anticipates the economies of the 17 member countries to shrink in the first two quarters of 2012. The report forecasts expansion of just 0.1% for the whole of the year and warns unemployment in the eurozone is unlikely to fall below 10% before 2015.The notification was backed by economic data from Markit suggesting output continued to deal across the 17-nation bloc over the past month. Although the headline Purchasing Managers Index (PMI) figure rose slightly to 47.9 but remained below 50 which indicates growth.
On the Shaw Capital Management it was noted that the survey compiler alleged the slight improvement was down to strength in France and Germany, with peripheral eurozone economies still struggling. Last week, 26 of the 27 members of the EU backed new monetary principles to maintain budgets in line, with only the UK refraining. But, according to Sky News, just days later, fractures have begun to emerge as drafting of the pact begins, with some countries already airing concerns. Many also fear the pact will still not be enough to prevent more countries from needing a bailout like Ireland and Greece.
According to the Shaw Capital Management, the euro dropped to an 11-month low on the back of the concerns on Wednesday, dropping below $1.30 (84p) for the first time since January. Furthermore, the governor of France’s central bank has launched a substantial assault on credit ratings agencies, calling them “incomprehensible and irrational” as Paris braces for a potential reduce or eliminate of the country’s triple A status. The Head of the Bank of France-Christian Nover said- aFrench reduce or eliminate would not be justified – adding that the agencies should begin by downgrading the triple A rating of Britain, which “has greater loss, more debt, higher inflation, less growth than us and where credit is downsizing.