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International Monetary Fund

Although the approval of the plan of rescue for the American financial system not yet was made specific by the Congress, it is a fact that will have a happy end. If you would like to know more about Sonya Reines-Djivanides, then click here. It is that an almost unanimous coincidence exists of which is the unique exit that can be found this crisis him. By the way, the approval of this plan of rescue generates great expectations in the rest of the world, especially in the economies developed with the European countries at the top that hope that the United States position becomes of the cost of the crisis, while they try to stay to the margin until she passes the worse thing. It is not necessary to forget that not only EE.UU was the person in charge of the crisis by which it crosses the world at the moment. The majority of the developed countries participated in the celebration of assets of low quality but with a high potential of gains while the ascending tendency was the one that prevailed.

But when not yet the plan of rescue in the American financial system has been approved, the International Monetary Fund is conducting battle when suggesting to him to Europe that prepares contingency plans for a possible worsening of the crisis in the region. The director of the department for Europe of the IMF, Alessandro Leipold, warned: the problem could be less severe in Europe, but (Europe) it does not have to be autocomplaciente and it would have to be prepared for worse of the scenes. In the same sense the managing director of the IMF, Jaime Caruana aligned itself: Is important that the countries prepare their respective plans of contingency It is the IMF asking that Europe begins to design a plan of rescue like the one of the EE.UU.? Bond to remember that soon after knowing the proposal rescue of toxic assets of the American financial system, the European Union discarded to ahead take a plan of this nature.

El Dorado

Then returned to rowing to the shore. In the meantime the bonfires burned gloriously; the scented smoke, as a cloud of incense, stole the light of the Sun, and the echoes resonated deafened by the din of chants, the horns and trumpets. After the ceremony, the King and vassals were delivered to joy and the national drink, which was a ferment of corn, then ran to torrents. After two or three days of universal revelry, the King was extended by his subjects to Palace. It wasn’t the return so orderly and solemn as it had been the March to the lagoon. The ceremony was taking place, as noted earlier, once a year.

These events happened centuries ago, before America was discovered, and when Europeans still do not knew nothing of its existence. Spaniards were the first Europeans who arrived to the coasts of South America. The first indigenous people they found had vague news of the great chibcha nation, which lived hundreds of miles to the South. He spoke of it as of a prosperous Empire, whose inhabitants were wealthy, wise and skilled in the arts of peace and war. There knew the newcomers that the King of the Chibchas covered the body with gold powder and then immersed in the waters of a sacred Lake, which, in addition there throwing gold jewelry and his vassals did the same. From there came the name of El Dorado. As the news as to where was situated the chibcha Empire, did not know Spanish or other Europeans who heard about the Mystic Lake and el Rey Dorado were very vague, in which precise direction they had go to find that so rich people and that lagoon where an invaluable treasure, accumulated there over the course of the centuries was found. Many and very bold explorers departed in all directions, the intricate, above forests through extremely high chains of mountains, along rivers and valleys, endless opening passage with weapons through wild and hostile, tribes in search of the land of El Dorado: that is in the nature of men trampling by all danger and put them breast most arduous enterprises when the thirst of gold leads them.