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The Swiss National Bank (SNB) jolted global financial markets this month when read more... it removed its cap on the Swiss franc, leading the currency to gain as much as 40 percent against the euro. (EURCHF=EBS) Franc loans have been popular in stocks parts of central and eastern Europe because of their low interest rates and the Swiss currency's sharp appreciation has given a headache to borrowers in countries from Poland to Croatia. Wealthy Austria, which banned many foreign currency loans in 2008, has been less affected by the Swiss currency move. But the removal of the cap means more costly debt servicing for some 151,000 households who hold a total 29 billion euros ($32.5 billion) in Swiss franc-denominated loans. "For Austrians who have loans in francs this means they have around 20 to 25 percent more debt," the Oesterreich newspaper quoted Finance Minister Hans Joerg Schelling as saying. "I don't think that the franc will stay this high in the long term because Switzerland can't afford it. Exports get too expensive and tourism will drop," Schelling said. He did not say how he expected Switzerland to rein in its currency.
More: http://finance.yahoo.com/news/austria-finmin-says-expects-swiss-100816345.html



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26 Jan 2015








The man, a Belgian national born in 1993 and identified as Abdelmounaim H., was detained Tuesday, federal prosecutors said in a statement. He was charged with participating in terrorist activities. In a raid on Jan. 15 in the eastern town of news Verviers, Belgian police killed two men suspected of clicking here planning a major attack and arrested three others in searches there and around Brussels. The shootout came a week after three days of attacks in France killed 17 people, triggering a Europe-wide swoop on suspected terrorist cells. Belgian prosecutors today released partial identities of the suspects shot dead in Verviers: Sofiane A., who has Belgian and Moroccan nationality and was born in 1988; and Belgian national Khalid B., born in 1991. Authorities in the Netherlands opened their own investigation after the passport of a Dutch national, identified as Zaiud K., was found in the house raided in Verviers, the Belgian prosecutors said.
More: http://www.bloomberg.com/news/2015-01-21/belgium-arrests-another-suspect-in-terrorism-probe.html



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25 Jan 2015










He was charged with participating in terrorist activities. In a raid on Jan. 15 in the eastern town of Verviers, Belgian police killed two men suspected of planning a major attack and arrested three others in searches there and around Brussels. The shootout came a week after three days of attacks in France killed 17 people, visit triggering a Europe-wide swoop on suspected terrorist cells. Belgian view publisher site prosecutors today released partial identities of the suspects shot dead in Verviers: Sofiane A., who has Belgian and Moroccan nationality and was born in 1988; and Belgian national Khalid B., born in 1991. Authorities in the Netherlands opened their own investigation after the passport of a Dutch national, identified as Zaiud K., was found in the house raided in Verviers, the Belgian prosecutors said.
More: http://www.bloomberg.com/news/2015-01-21/belgium-arrests-another-suspect-in-terrorism-probe.html



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25 Jan 2015










WINK celebrity new TO STRUGGLING FILMMAKERS Most of Hollywood's big studios largely abandoned the dramatic film business to concentrate on action adventure blockbusters and sequels, where there is less risk among a built-in fan base and more likely financial reward. News of a new, deep-pocketed buyer in the independent sphere would always be welcome, but Amazon's decision to hire a big name in the independent film world to http://www.nexopia.com/users/reynaldozwti/blog/35-kim-kardashian-ranks-below-ebola-on-yahoos-top-10-searches-of-2014 head up Amazon Original Movies drew special praise. "It's exciting, especially because it's led by Ted Hope, who has a pretty sterling track record in terms of filmmaking and projects that he's been involved with," said Ned Benson, who made his directorial debut with "The Disappearance of Eleanor Rigby," released last year. Hope was the producer behind films like "Eat original site Drink Man Woman" and "American Splendor." The latter won the Grand Jury Prize at the Sundance Film Festival. Hope will be at Sundance looking at films when it opens later this week, Amazon said. Director Wash Westmoreland, who made the drama "Still Alice," starring Julianne Moore, for $4 million last year, said filmmakers like him could get a lift from the likes of Amazon. "Right now, in independent film, everything is crushed down to budgets below $5 million, so you end shooting in 20 days," he said.
Full story: http://news.yahoo.com/hollywoods-indie-film-pool-prepares-amazon-plunge-045351801--finance.html



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22 Jan 2015










"The real challenge will be getting filmmakers in webblog the door who want to make films for Amazon and giving those filmmakers the freedom to make the films that become '12 Years a Slave' or latest news 'Birdman'," he said. Amazon has already drawn Woody Allen to make a new TV series, his first foray onto more? info? the small screen. WINK TO STRUGGLING FILMMAKERS Most of Hollywood's big studios largely abandoned the dramatic film business to concentrate on action adventure blockbusters and sequels, where there is less risk among a built-in fan base and more likely financial reward. News of a new, deep-pocketed buyer in the independent sphere would always be welcome, but http://parkerezmh.soup.io Amazon's decision to hire a big name in the independent film world to head up Amazon Original Movies drew special praise. "It's exciting, especially because it's led by Ted Hope, who has a pretty sterling track record in terms of filmmaking and projects that he's been involved with," said Ned Benson, who made his directorial debut with "The Disappearance of Eleanor Rigby," released last year. Hope was the producer behind films like "Eat Drink Man Woman" and "American Splendor." The latter won the Grand Jury Prize at the Sundance Film Festival.
Full story: http://news.yahoo.com/hollywoods-indie-film-pool-prepares-amazon-plunge-045351801--finance.html



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22 Jan 2015

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