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Life at Barcelona (traveling tips, hotels, restaurants, shopping and style etc) A glimpse to the northeastern coast of the Iberian Peninsula Barcelona is the second largest city in Spain in both size and population, in a privileged position on the northeastern coast of the Iberian Peninsula. It is also the capital of Catalonia, 1 of the 17 Autonomous Communities that make up Spain. The capital of Catalonia is unequivocally a Mediterranean city, not only because of its geographic location but also and above all because of its history, tradition and cultural influences. The documented history of the city dates back to the founding of a Roman colony on its soil in the second century B.C. Modern Barcelona experienced spectacular growth and economic revival at the onset of industrialization during the second half of the 19th century. The 1888 World's Fair became a symbol of the capacity for hard work and the international outlook projected by the city. Culture and the arts flourished in Barcelona and in all of Catalonia; the splendor achieved by Catalonian modernism is one of the most patent displays. Barcelona, more than just a single city, is really a collection of multi-faceted and diverse cities. The visitor unfamiliar with its history might be surprised that such a modern and enterprising city preserves its historic Gothic center almost intact, or by the curious contrast between the maze of narrow streets and the grid-like layout of the Example, the urban planning "Enlargement" project of the end of the 19th century. READ MORE : http://thetylergroup.org/

http://www.wellsphere.com/healthcare-industry-policy-article/commodities-are-dreadful-151-and-have-almost-no-place-in-your-portfolio-storify/1932991 The Tyler Group News Barcelona- One of the things I really hate about the current Wall Street environment is how so many people have been fooled into thinking that commodities are a necessary part of your asset allocation. I've been pretty hard on commodities over the years (see this detailed piece here). I think it's mostly just a ruse to sell another group of products and I think it's really dangerous. But even worse, I just think betting on commodities is fundamentally flawed thinking. Not only are you speculating in a zero sum game involving production-less input costs, but you're directly betting against human ingenuity. I don't like either of those bets. If one actually takes a look at the long-term real returns of commodities you realize they're actually quite dreadful. Even if we cherry pick a decent period that includes a big boom like the last 20 years we still see pretty awful performance. Over the last 20 years commodities have returned just 1.6% per year over the last 20 years (see figure 1). That's a real return of about MINUS 1%. I prefer to think of commodities as something that is an input or a means to helping us innovate. If you're bullish on oil price dynamics you shouldn't go buy barrels of oil and store them in a locker somewhere. You should find the companies who leverage the use of that commodity and will benefit by innovating through the use of that input. Don't bet against innovation. Bet on it. I say all of this as I see the silver bubble (that I discussed back in 2011 when silver was 40% higher) come crashing down. Sensible portfolio construction starts with understanding the role of specific assets in the economy and how those various assets fit into your portfolio in particular ways. I don't know why this theme of commodities as an asset class has taken

http://www.powershow.com/view/3ce477-MmFmN/The_Tyler_Group_News_Barcelona_Commodities_Are_Dreadful_and_Have_Almost_No_Place_In_Your_Portfolio_powerpoint_ppt_presentation The Tyler Group News Barcelona- One of the things I really hate about the current Wall Street environment is how so many people have been fooled into thinking that commodities are a necessary part of your asset allocation. I've been pretty hard on commodities over the years (see this detailed piece here). I think it's mostly just a ruse to sell another group of products and I think it's really dangerous. But even worse, I just think betting on commodities is fundamentally flawed thinking. Not only are you speculating in a zero sum game involving production-less input costs, but you're directly betting against human ingenuity. I don't like either of those bets. If one actually takes a look at the long-term real returns of commodities you realize they're actually quite dreadful. Even if we cherry pick a decent period that includes a big boom like the last 20 years we still see pretty awful performance. Over the last 20 years commodities have returned just 1.6% per year over the last 20 years (see figure 1). That's a real return of about MINUS 1%. I prefer to think of commodities as something that is an input or a means to helping us innovate. If you're bullish on oil price dynamics you shouldn't go buy barrels of oil and store them in a locker somewhere. You should find the companies who leverage the use of that commodity and will benefit by innovating through the use of that input. Don't bet against innovation. Bet on it. The Tyler Group News Barcelona Source: http://www.businessinsider.com/commodities-have-almost-no-place-in-your-portfolio-2013-4

the tyler group article code 34933807437, Spanias posisjon i verden i 2013-analyse Alt indikerte at etter fallet av Berlin-muren og sammenbruddet av Sovjetunionen, ville verden inn i en lang periode av stabilitet, med orden og sikkerheten som tilbys av-den siste gjenværende supermakt de 'hyperpower' i ordene til Hubert Védrine-: USA. Og det er hvordan det har fungert, selv om bare for et par år, brølende på 90-tallet, som John Stiglitz kalte dem -years å høste fred utbytte, år demokratisering og vekst, årene av dot.com boom-. Men vi angitt the 21st century gjennom en 'gate for brann, i episke uttrykket brukt av deretter FNS generalsekretær, Kofi Annan, i referanse til 11 September 2001. Hendelsen tatt med på scenen verdenshistorie fortsatt kaller vi den tredje verden, bak som er den største økonomiske og sosiale revolusjonen verden noensinne har sett. Og det vi er midt i en økonomisk og sosial omveltning bare sammenlignes med den industrielle revolusjonen, men som er langt mer omfattende, ettersom det påvirker hele planeten og ikke bare de gamle G8-landene. Det er også dypere, mer intense og, spesielt, mye raskere flytte. Kina nå har verdens nest største økonomi, men det vil snart være den største, mens India vil snart være nummer tre, og så videre. Det vi ser er en global tilnærming, som den nåværende krisen er fremme og styrkingen av tydelig accentuating den relative tilbakegang for Europa, og hvem vet, kanskje til Vesten selv. Den underliggende årsaken er enkel og tydelig nok: stor men ujevnt fordelt demografiske vekst. Resultatet er at Europa nå står for mindre enn 10% av verdens befolkning, mens Asia står for 60%. Når produktiviteten til massene av mennesker i underutviklet land var lav, ble vekta befolkningen ikke oversette til økonomisk eller politisk makt. Men det er ikke lenger tilfelle. Det er nå en enorm overføring av teknologi (både hard og myk) i gang, fra vest til øst og fra nord til Sør. Dette bringer land

How the UAE can improve its financial literacy Financial literacy is the awareness of how money functions and the capacity to handle one's finances successfully. While it is not a new idea, it is a completely recent phrase frequently used in the UAE. Why is this so? The reason, it appears, is that we are a not a financially knowledgeable nation. This can be clearly gleaned from our amount of debt, which constantly increases. In spite of the fact that the Central Bank introduces more rigorous qualifications for individual lending in 2011, banks are still allowed to grant loans of up to 20 times a person's monthly wage, with installments not to go above 50 per cent of monthly wage. The worth of personal debts in the country rose by 3.8 per cent to Dh270.7 billion between January and May this year alone, according to the Central Bank. That sum is over and above the Dh8.8 billion increase in individual loans reported during 2012. In addition, a survey by The National Family Status Observatory in 2012 revealed that about 60 per cent of Emirati families disbursed about one fourth of their monthly earnings repaying loans from credit cards and individual loans. Those figures are excessively high, says Keren Bobker, the financial counselor who writes The National's "On Your Side" column. "A major fraction of the population has total monthly loan obligations that surpass their income," she says. "Inescapably, this will end up in defaulting on payments and other dire consequences." So why is the UAE exceedingly financially uninformed? "Many factors can explain this predicament," Ms Bobker says. "These comprise having to handle financial products in a second language; absence of transparency in terms of many financial products and services; lack of help from banks, and excessive hard selling which are improper." Having debts has been embedded into the culture, she says. "So many citizens here simply believe that having large uncollateralized