Finance Committee

The AIFM implementation Act was adopted on May 16, 2013, with the votes of the ruling coalition effects on open-ended real estate funds after years of work. This was also time when the implementation of the directive has to be done according to the specifications of the European Union until July 22. In advance, the Finance Committee of the Bundestag had made some changes to the design. Yet the Federal Council must be happened to the final entry into force. With the introduction of the capital investment law stands as the new legal framework for both open and closed funds. Revised regulations for real estate funds come into force through the changes to label as a legislative package.

The July 21 as the deadline for investing in open-ended real estate funds is important for investors. Investors who become involved then, can see no longer as before up to 30,000 euros a notice in the half without complying with. Rather now strict rules: so the own share may be sold only once again after a two-year holding period. This must complied with also a notice period of one year. The aim of the measures is guiding funds in calmer waters and ad hoc capital outflows to prevent massive, which in the meantime have led to some Fund settlements. Character of a long investment should be awarded to real estate funds.

Investors who convince themselves of a stake in a real estate fund but in the short term can, enjoy significant benefits, because even the old usually more favourable rules benefit them, this coupled with the increasing security of the total investments. But also for new investors after said date open-ended real estate funds as a solid asset remain interesting, especially sudden outflows be prevented and thus greatly minimizes the risk of financial imbalances. Last, the situation on the real estate fund market has eased significantly, partly strong inlets can be listed. After the Lehman in 2008, interest in open-ended real estate funds was significantly cooled. Explain is the rediscovery of the low interest rates and the inflation control. Savings accounts throw off barely anything, and still suspect for many private investors, stocks remain. Some whopping returns to investors may be cashed out by the massive price surge to Germany. Therefore, open-ended real estate funds for long-term investments remain interesting. Contact Bernd Wilhelm-Weber-str. 39 37073 Gottingen lawyer GmbH phone: + 49 (0) 551 495 669-0 fax: + 49 (0) 551 495 669-www.bernd-rechtsanwaelte.de manages the Bernd rechtsanwalts GmbH with locations in Dusseldorf, Gottingen and Hannover 19 and represents companies, initiators, financial institutions and investors in all aspects of economic and capital market law. Focus in particular the concept of capital market products and the creation of prospectuses as well as the financial services and capital market law, in particular in connection with the enforcement and defense here on the corporate and project finance, Claims and disputes with BFin. The firm can draw on experiences from the participation of over 300 financing projects and over 3,500 compensation procedures.

Listening

In the game of life we are called to be players and get actively involved in winning the game. Similar to our favorite team of football, basketball, baseball, or anyone who is our favorite sport, we see players with a great bond and loyalty to the team, esmerando by win and make the difference. These players choose to be present and you can count on that they will give their all to the game. These players are known as the MVP (most valuable players) due to the impact on the final result of the game. Players are reluctant to take risks or to negotiate their dreams and aspirations, because these are the deepest desires of his soul. The genuine commitment refers to pour your heart and your mind on something.

What it is to feel something so passionately that you work with all your strength in the pursuit of them. By contrast, the decoupling and all his companions travel; frustration, despair, discouragement and apathy, seated dwelling in you when you lose heart. If you work only from your mind, your heart atrophy; runs out of life and is disabled, and you lose a very important part of yourself. Ask people who left behind successful careers for something they always wanted to do: where did you find the value? What was your greatest momentum? If they are sincere, most of them will tell you: I started to listen to my heart. I followed the steps of my intuition.

Not long ago the life of Mike and Kimberly Henshaw tacked is upside down. Kimberly was MOM of two small and Mike Biologo, treatment this time profession and felt that he needed something more. So study and graduated lawyer, working at a law firm. But not step much time until he began to question his decision. Does that had his life become? The same route to work every day, the same Office, the same faces of his colleagues, perhaps the numbers of cases were different, but the themes were all equal.

Global Monitorial Entrepreneurship

Practical the Products are a PME example that when leading its management of structuralized form, initially on the basis of the programs of the Sebrae and later of the Foundation Dom Cabral, reaches each time more resulted significant. In last the ten years it multiplied its invoicing for 15, reaching almost 60 Real million in 2011. To prepare itself for the growth is essential! To search courses or people of references in management they are crucial and an important step in the scaling of growth. Making an analogy with us, human beings, we can say that the organizations also pass for traumatic a conturbada phase and times, that are the adolescence. If it will not have a solid base, in the case of the company a consistent management, the traumas will persist in the adult life. In these 13 years as enterprising of a business that walks for a mature moment, focado in planning and management of people, I see that, exactly with all the difficulties, the number of new businesses in the country is each bigger time. Data divulged recently for the Global Monitorial Entrepreneurship point that we almost have 22 million entrepreneurs, whom 11.5% of the population represent touching a business in Brazil. As enterprising I learned that to follow feeling it makes total difference in many cases, but is primordial not to forget that with consistency in the management and supported by processes idoneous, the possibilities to pass quickly for pains of the growth and bensucedida way will be bigger. * Alexander Abdo Hadade is president of Arizona (company of Premedia that offers to services and solutions integrated for communication, providing operational efficiency for the marketing of the companies and the advertising agencies)

Federal Supreme Court

“” Federal Supreme Court declared two exclusion clauses in legal expenses insurance for ineffective the insurance law competent IV. civil Senate of the Federal Supreme Court on the 08.05.2013 decided that used by numerous legal expenses insurance in their insurance conditions effects clause “and the prospectus liability clause” are ineffective. According to these clauses, legal expenses insurers grant their policyholders no legal protection for the legal interests in any causal connection with the purchase or sale of securities (E.g. shares, bonds, investment units), as well as the participation in investment models, on which the principles of liability for the prospectus are applicable. To justify the Bundesgerichtshof points out that the clauses opaque and are therefore ineffective, because the average policyholder can not sufficiently clear remove those clauses which transactions of the exclusion should be recorded. Jacob I Guilleaume lawyers welcome the consumer-friendly Decision of the Bundesgerichtshof expressly and advise all investors, who should have received a rejection from your legal expenses insurance, this checked by a qualified lawyer.

Contingencial Boarding

Contingencial boarding in projects, and determinative factors of success: The study of case of a project & ldquo; Feed & ndash; Front End Engineering Design& rdquo; SUMMARY In not routine enterprises, the reach of the objectives of a project how much the stated period, cost, quality, and attendance the diverse expectations of steakholders, is the main great concern of the company. The present study &amp approaches the FEED; ldquo; Front End Engineering Design& rdquo; as an incorporated additional phase to the traditional management of projects, in the search of the success of an enterprise. Law 8,666/93 will be analyzed the case of act of contract made for in agreement the PETROBRA’S company, for the revision of a project of installation of three towers of cooling in one of its petrochemical complexes in the city of So Paulo, executed in a period former-before the o launching of the licitatrio process to the suppliers. It is treated to demonstrate as the one-step adoption more, in the initial periods of training of projects of raised technology and complexity, stage that is called of FEED & ldquo; Front End Engineering Design& rdquo; , it rees-echo directly on the costs, time, and target technician of an enterprise. The theoretical picture was developed from the literature of success in projects, under a contingencial boarding. In the conclusions we point that the application of the FEED contributes in positive way for the success of projects of raised technology and complexity..

Internet

Many people look for the ideal work: flexible schedules, to be its own head, to regulate the amount of work that wish to do, to work from house, etc. Now all this is possible, thanks to the development of Internet, different teleworks and other modalities to make money with this new tool that is Internet. One of the options is to realise remunerated surveys, that are one of the ways simplest to make money by Internet. It is an excellent option for all type of people, since it is not necessary to have any special ability nor knowledge, is only necessary to register itself in the correct sites and the surveys will begin to arrive by electronic mail. Here the dilemma begins: what sites are realising at the moment surveys, that Internet pages offer true and false information on these sites, what pages are honest and which a fraud, are many opinions on the matter. Personally, the pages inspire more confidence to me than they offer gratuitous information on the sites where one can be registered to receive surveys remunerated.

Other sites try to acquire a certain price to give lists of sites in which you will be able to register yourself and to begin to receive remunerated surveys to complete. Supposedly, these sites offer long lists, which is important, because there is to register in many companies so that many surveys arrive to fill to you. In short, it will be question to prove and to spend a certain time to investigate. Also it will take something to him of time to register itself in the sites of remunerated surveys, since there is to complete a profile in each, putting data important, like name, occupation, place where it lives, how much it wins to the year, etc. But is not discouraged, since this safe investment is worth the pain, if it is to make money simply, from the home and at the moment that it has available. Beam Click to see Here which are the sites of remunerated surveys that work and begins to make money simply to give your opinion.

The Holiness

Visit us in truth, if we call him beats his presence aware, the he cleaveth unto us provident, his inner life is what we seek. What is vain illusion goes well contemplating the Almighty, is ecstasy of love still the agony. Must be our happiness their harmony, God is divine water, eternal joy and the love of his being, full joy! The Holiness of God Sonnet God is good and kindness without flaw and eminent standard and the road, the same Holiness of being divine absolute righteousness, be perfect. Reality of truth more concrete, clear transparent its destination without error the evidence of his fate, is love of friendship and eternal affection. Inside and outside is light crisp verse, Contundente, repudiates the evil evil, flees away shadow that is a crime. Perfect intimacy of the infinite lives within himself the most beautiful outward, is creator of the universe! Divine solitude sonnet contemplating infinity blue just me facing the sea, only and the waves I feel not only being alone to feel me with God, I am not alone. Is the blue makes night little by little and night throwing barcarolles will shed light on their Corollas, silent stars, calla a cry.

With God my solitude, to who misses? Throughout the night until dawn I am not alone ever if accompanies me. Hoping to dusk divine solitude again, I seek your involves more than the sky and the! mar, your intimate be! God and introspection of being sonnet things are not God although it is in them with his being in the being of the universe, present with his absence at the bad evil has nothing to do with their complaints. Eternal God walks and leaves traces at pace of hurricane or smooth wind, according to the measure of his verse measured time and space and the stars. Reality of the ideal and its perfection of maximum optimism eminence, root clamped to his presence. Entering in Yes where is the same and at the Summit of the being of his existence God is more in his being, divine abyss! Eternal friendship sonnet soul penetrating with two sharp double-edged sword silence does not allow that this tired, friendship, Dios soul does not break their threads.

Thinking of making his mansion nursing home eternity remains desolate, divine as God and love so much weight love, eternal kilos. And to the manger to birth it commands Elijah visionaries Messiah as Isaiah, Jesus complies with the law and the prophets. Sandals of love takes subject but it dies on the cross without shoelaces, opening us sky endless days.

Resign Behind Schedule

Until now the president of the Council of Direction of the General Society of Authors and Editores (SGAE), Teddy Baptist, will behind schedule present/display this his resignation to the position while its judicial future is clarified. According to they have confirmed to the COUNTRY different sources near the SGAE, Baptist in addition has put his position at the disposal of the board of directors of the organization that arose the past from the elections of 30 of June, and it will do the same day in which the first meeting of the meeting is held, that has begun in Madrid past the 16,00 hours. The board of directors is formed by 38 members – seven of great straight (dramatists, composers and coregrafos), 16 of small (composers and authors of music), seven of straight audio-visual and eight of musical publishers; but about 25 have only gone today to the meeting in the palace of Longoria. Among them, the own Teddy Baptist, as president (in functions) of the Council of Direction; Francisco Galindo, Secretary General of the organization and Pablo Hernandez, director of the legal department. No of the assistants has fact declarations to the entrance. Apparently the cantautor Victor Manuel is not in the meeting to be acting in Chile. The musician Sabino Mndez has announced who will read an agreed official notice by the board of directors and that will not admit questions. Source of the news: : Baptist will resign behind schedule this to his position in the SGAE.

North Africa

In IV and III century BC floors in the central part of the house – the atrium – have been made simply from a thick layer of cement mixed with broken bricks, tiles, fine gravel and shells. However, as the empire tastes softened, was influenced by the civilized suburbs such as Greece or Egypt. Already in the late second century BC Roman sex has become a very important detail of interior, showing the wealth of its owner. It covers thoroughly sift colored stones and marble slabs, compound pattern. Was popular and technique in which a thick cement slurry was pressed into small pieces of colored marble, creating an enormous mural. Such mosaics were found not only in Rome or at Pompeii, but also in distant colonies such as England or North Africa. One may recall the famous Pompeian "The Battle of Arbella" and "Bacchus astride a panther, mosaic floors in the Rheims or in York.

Interestingly, the Roman floors differ not only beauty, but also adaptability. For example, , famous in the beginning of the I century BC refinement and luxury that came up to build a bath over gipokaustom, ie a basement that housed the furnace. Thence stretched clay pipes, communicating with the hearth, – Receive a warm floor. I must say that it is the remains of baths brought us the beauty of the Roman floors. Money on them in a rich empire, and did not spare them conscientiously. The philosopher Seneca said so about the magnificence of Roman terms: "We man considers himself poor and their housing bad, if its walls decorated baths do not shine …

Naming Rights

Scientists engaged in research on onomastics and toponymy of the German-Slavic branch. They worked together specialists from the same section Schiller University in Jena. In 1996 they were joined by scientists of the Institute dialectology. Result of the work were the articles and publications in various linguistic journals. Research papers on onomastics covered various factors that influenced the development of proper names, as a linguistic or social and dialectical character, especially their phonology, semantics and morphology, the impact on their formation of geographical features. Scientists were particularly interested in research on the syntax of personal names, as well as their use in various speech situations. Enormous contribution to onomastics made by the scientists of the now defunct West Germany. Monograph Zaybike – the most outstanding work in the field of onomastics.

Work is devoted to personal names, it presented: the terminology of proper names, historical factors, sociological and stylistic aspects of geography, as well as the importance and own names, their morphology, phonetics, and education. In result of all the above, it may be noted multifaceted anthroponomical and onomastic research. Next, consider what there is specificity in anthroponimics German. Naming Rights called anthroponym. Previously, proper names and anthroponomy including regarded as unrelated to each other words that the dictionary, based mainly on tradition vocabulary. And only in the second half of last century vocabulary of proper names have started to study as a separate system. Anthroponimics in the German language has a two-term system that is used first and last name.