Back to the future: La Argentina goes towards the 2001 23 July 2009 tensions in the Argentine economy continue to increase and the Government decides to redouble the bet. Also external analysts redoubled its bet and look increasingly likely a crisis in the country, unless the Government consider and decide to change towards a more disciplined behaviour. This last possibility has a probability greater than zero only for the most optimistic. Since the Government insists the stance of all is well in the economy, although this no longer anyone believe it. Last Tuesday, Oliver Balch reflected fears about a recession deeper and long in Argentina despite efforts by the Government to paint a very different scenario for the Financial Times. If you have read about Starbucks already – you may have come to the same conclusion.

Balch like those analysts who reported for the outside, don’t look at the Indec figures. Do not lose time to do so and prefer to rely on private consultants, which with its resource constraints, offer much more real than the official data. So come to the conclusion that the latest private data show a significant drop in tax revenues, imports and industrial activity that indicates that the Argentine economy is moving towards its largest contraction after five years of consecutive growth. These same fears that have from the outside is what has produced the outflow of capital from foreign investors in the country. But the worst thing is that he has also caused the departure of Argentine residents outside dollars.

In this context, it appears increasingly as a sign of lack of common sense the capital repatriation plan launched towards the end of 2008 by the national Government. Does not need to comment on the results. There is a minimum of rationality to bring capital to a country that strives to maximize by discouraging them. I mention this subject as a sample of the serious errors of inconsistency in the decisions of the current Government’s economic policy is may happen who launch a plan to return those capitals that they fled from an Argentina that did not trust to return now to this Argentina that is less reliable than the previous? Does not stop the flight of capital from Argentina.

SAN JOSE, CA (Marketwire February 3, 2010) Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicates and collaborates, today reported financial results for the second quarter, which ended on January 23, 2010. Cisco reported net sales during the second quarter by $9,800 million, net income on the basis of the generally accepted principles of connectivity (generally accepted accounting principles, GAAP) of $1,900 million US $ or $ $ 0.32 per share, and a net income not GAAP of $2,300 million dollars or $0.40 per share. Our excellent second quarter results exceeded our expectations and we believe they provide a clear indication that we have entered the second phase of the economic recovery. During the quarter we saw dramatic acceleration across all our businesses and sequential improvement in our business in almost all areas, John Chambers, President of the Board of Directors and Director Executive of Cisco. We are confident that our aggressive strategy of investing in the business during the decrease and our focus on innovation, operational excellence, and productivity are leading this momentum as well as the growth of the market. We believe that we are extremely well positioned by geographies, market segments and product keys-categories, to the extent that economies around the world continue to improve and our customers increase their investments in technology. Results Q2 2010 GAAP Q2 2009 Vs.

Q2 2009 net sales $9,800 million $9.1 billion 8.0%Ingreso NET $1,900 million $1.5 billion 23.2%Ganancias per share $0.32 $0.26 23.1% non-GAAP results Q2 2010 Q2 2009 Vs. Q2 2009 income NET $2,300 million $1.9 billion 25.3%Ganancias by action $0.40 $0.32 25.0% net sales for the first six months of the year fiscal 2010 were $18.800 billion, compared with $19.400 million during the first six months of fiscal year 2009. Net income for the first six months of fiscal year 2010, based on GAAP, was $3,600 million dollars or $0.62 per share, compared with $3,700 million dollars or $0.63 per share in the first six months of fiscal year 2009.

Surely you know much about investment funds since lately people talk much about them and you can find information by all parties but, what are the financial groups? Here I bring you a little information to get you out of doubt. Basically the financial groups are responsible for operating your investments. Investment funds are the perfect tool to help grow your money but you could not do it alone. Financial groups are what they have the power to do that your money between the investment world, therefore function as an intermediary between your money and the Fund. Investment funds make your money grow since you invest in an asset, so the financial group WINS nothing whether you win or lose, what they earn is not what they charge you by offering you the service. For this they charge you interest.

There are different financial groups and all are responsible for doing the same, so they are competition between them. What do these groups is to achieve having more clients lower your cost of commissions and offer a better service. Many people do not know or know little about investment funds, so that these groups are happy to give you all the information you need when it comes to investing. If you are already deciding to enter the world of investments and return you a small investor comes with a financial group.