USA

WASHINGTON, UNITED STATES (12/JUN/2013.) - The United States Senate debate on comprehensive immigration law on Wednesday focused on border security.

Republicans argued that the bill requires much stricter clauses in the area and some Republicans suggested that Democrats simply want to destroy the project.

HONG KONG, CHINA (12/JUN/2013.) - The Chinese artist and activist Ai Weiwei criticized today the US wiretapping program, revealed in internet by a former CIA agent, and warned that this could lead Beijing to increase its control.

"The United States dominates the highest technologies, is the leader. Many standards on information, on ethics, on legislation are established by these leaders," said the artist, to the South China Morning Post on Wednesday.

WASHINGTON, UNITED STATES (12/JUN/2013.) - Facebook today joined Google in asking U.S. federal authorities permission to release data related to cyber spying programs secretly revealed to the press last week.

Facebook's general counsel, Ted Ullyot, said today: "we would welcome an opportunity to provide a transparent report that would allow us to share worldwide with those who use Facebook the picture of the requirements which we have received from the government and how we responded" .

RIO DE JANEIRO, BRAZIL (11/JUN/2013.) - The Brazilian government proposed to Russia, one of the initiators of the international peace conference on Syria to allow their participation and that of the other countries "to contribute to consensus " announced on Tuesday Foreign Minister Antonio Patriota.

The U.S. tax law that would force financial institutions worldwide to report to U.S. tax authorities will increase expenses and modify global banking culture, financial experts said today.

"From 2014 we will have another way of banking," said at a press conference the specialist in risk consulting firm Deloitte, Ramon Arosemena.

11 JUN. 2013. The presidents of the United States, B. Obama, and Peru, O. Humala, agreed today to promote educational exchanges between the two countries and strengthen cooperation against the "scourge" of the drugs.

"The state of our relationship is very strong," summarized Obama after receiving Humala in the Oval Office at the White House.

Both pledged to promote educational exchanges within a program created by the Obama administration to have 100,000 American students in the United States and the same number of Americans in Latin America.

Very little has changed since the G-20 announced the end of offshore havens in 2009. A new report by the NGO ActionAid puts in question the British government's political will to combat the problem.

Russia and Chile should broaden close cooperation in all respects year by year. This is the opinion of Michail Orlovets, the Ambassador Extraordinary and Plenipotentiary of the Russian Federation to Chile. In his interview to our journal he told us about political, trade, economic, and cultural aspects of cooperation, and also gave useful advice to Russian entrepreneurs.

But the difficulties occur in a new principality. And firstly, if it be not entirely new, but is, as it were, a member of a state which, taken collectively, may be called composite, the changes arise chiefly from an inherent difficulty which there is in all new principalities; for men change their rulers willingly, hoping to better themselves, and this hope induces them to take up arms against him who rules: wherein they are deceived, because they
afterwards find by experience they have gone from bad to worse.

Niccolo Machiavelli. “The Prince”

It is well known from the finance theory that “profit” and “risk” terms always go hand in hand, as in case of change of any parameter the other one changes as well. There are a lot of theoretical and applied researches based on the classic “Portfolio Theory” of Harry Markowitz describing a combination of risky and risk-free assets (practical financiers also widely use the William Sharpe ratio).