What’s Next for Argentina? Steve Picarillo Comments on Argentina’s Default

Unlike its previous default, the government has the money to can keep its economy going. This default is equivalent to about 7 percent of Argentina’s GDP, compared with 40 percent in 2001, when the country defaulted on $100 billion in debt. Yet many citizens are concerned about the prospect of reliving the past.
— Steve Picarillo
So what’s next now that Argentina is in “default”? Certainly this is not good, but it is not as bad as it was after the previous default and the 2001-02 economic crisis. Many citizens are concerned about the prospect of reliving the past.


Creative Advisory Group, Inc. has today commented on Argentina’s default. So what’s next now that Argentina is in “default”? “Certainly this is not good, but it is not as bad as it was after the previous default and the 2001-02 economic crisis,” said Steve Picarillo, President of Creative Advisory Group, Inc. in a statement. 

“Unlike its previous default, the government has the money to can keep its economy going,” Picarillo continued. This default is equivalent to about 7 percent of Argentina’s GDP, compared with 40 percent in 2001, when the country defaulted on $100 billion in debt. At that time, the default resulted in turmoil in Argentina, with widespread looting, violence and triggered significant governmental changes.  This chaos is not likely to reoccur as the economy is better than it was at the turn of the century and unemployment is much lower that the 22% level in 2001. Moreover,  the economy is less dependent on the dollar, nonetheless, inflation is high and economic growth remains low. “Depositors aren’t at risk of losing their savings, yet many citizens are concerned about the prospect of reliving the past.”

The more immediate concern is the impact on credit default swaps, which provides investors with protection against default.

“The default will hurt the government’s ability to borrow on the international market but that’s nothing new for Argentina, as it has been cut off ever since its 2001 default,” Mr. Picarillo added. ”Still, the default would likely delay Argentina’s ability to get renewed access to the world’s capital markets.” 

While default is a major catastrophe for the government, but not much will happen right away. Negotiations will likely continue. Technically, the default and the resulting rating action(s) gives holders of the previously exchanged bonds the right to demand immediate and full repayment. But considering Argentina’s fragile financial condition, the bondholders likely understand that repayment is near impossible. 

“The more immediate concern is the impact on credit default swaps, which provide investors with protection against default,” Steve commented. “Should the International Swaps & Derivatives Association determine that a default has occurred, holders of the credit default swaps are entitled to a sizable payment.” Although the CDSs are not a direct obligation of the government, the impact on the financial markets and the CDS sellers, will impact the greater markets and boomerang back to Argentina’s reputation and economy. 

So time marches on. The longer this default is goes on, the more painful it will be. While the peso is no longer pegged to the US dollar, (as it was in 2001), the currency is still subject to devaluation, albeit less dramatic devaluation. The citizens’ apprehensions will likely hit consumer and corporate confidence thereby retarding spending, which in turn will hit GDP and untimely employment. “The global economy remains fragile and uncertain, this default is yet another event that indicates that another global credit crisis remains a possibility.” Steve Picarillo concluded, “The stakes are large and the clock has rundown, overtime will be very costly.” 

Steve Picarillo is a global financial markets, risk, banking compliance and communications executive with exceptional experience in risk analysis of global banking systems and financial institutions. Mr. Picarillo provides analysis and commentary to the financial community, the media, investors and regulators.

For additional information on Steve, please visit his website at www.stevepicarillo.com.

The opinions in this article are the views/opinions of the author and Creative Advisory Group, Inc. (CAG), based on public information and the author’s experience. This is not a recommendation to buy, sell or trade any security, debt or any other financial instrument. The author and CAG do not hold any interest in any of entities mentioned in this posting, and have no plans of entering into any financial trade in the same in the next 72 hours.

Media Contact
Company Name: Creative Advisory Group, Inc.
Contact Person: Steve Picarillo
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Phone: 917 744 5153
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Country: United States
Website: www.stevepicarillo.com

Source: www.abnewswire.com

Celebrated Novelist, Vanessa Ricci-Thode, Combines the Most Appealing Elements of Romance and Fantasy in Her Newest Work, After the Dragon Raid

The best loved authors are those that can utilize amazing, even supernatural, events which propel the reader page after page, while still grounding the narrative in a deeply human and relatable story. Vanessa Ricci-Thode has already demonstrated that she is a master of romantic fantasy in her debut novel, Dragon Whisperer, but she elevates her writing and command of storytelling in her latest novel, After the Dragon Raid. Just as her first novel impressed readers and critics, After the Dragon Raid will cement Vanessa Ricci-Thode’s reputation as a rising star in the romantic fantasy genre.

After the Dragon Raid tells the story of an elite soldier of the Wheat Sky empire, Tassia who raids the fortress of a lunatic enchantress and rescues Sam, a wandering nomad. Sam is immediately entranced by the beautiful, but emotionally distant Tassia, and his love for her grows as he serves her on her lands. As the two share tasks, both mundane and adventurous, Tassia gradually recognizes her own affection for this foreigner, until she learns that Sam is much more than merely an unfortunate nomad. The truth of this revelation not only shakes their relationship but could jeopardize the safety of nations.

Vanessa Ricci-Thode is one of Canada’s most important writers, but producing a powerful work of fiction like After the Dragon Raid is an expensive project, one that she would like to involve her legions of fans. In order to defray the costs of editing, cover design and marketing, Vanessa Ricci-Thode has sponsored a crowdfunding campaign on Pubslush.  If she is able to raise $8,200, the After the Dragon Raid project will be published in the high quality format this rich and captivating story deserves.  To learn more about After the Dragon Raid or to make a donation, please visit http://pubslush.com/books/id/2721.

Distributed by GetMeCrowdfunded

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Company Name: After the Dragon Raid
Contact Person: Vanessa Ricci-Thode
Email: [email protected]
Country: United States
Website: http://pubslush.com/books/id/2721

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Haitian Native Eager to Offer His Countrymen Jobs through Social Enterprise

Haiti is one of the poorest countries in the world with more than three quarters of the population of this island nation surviving on less than $2 per day. In recent years, the situation has worsened due to some horrific natural disasters including an earthquake in 2010 which killed almost 316,000 people and left almost 1.6 million homeless. In the wake of such heartrending conditions, many people have attempted to lift the Haitian people out of poverty. Among the most important of these job creation efforts is a project by native Haitian Natanael Ulien which will help create spicy peanut butter, a staple of the Haitian diet.

Natanael Ulien developed this idea after receiving his International Business Management degree from Brigham Young University.  Upon returning to his home country, he discovered the severe lack of jobs.  After leading several business seminars, he learned that many Haitians are eager to start their own businesses as long as they were based on traditional and reliable monetization models. Natanael Ulien chanced upon the idea of producing spicy peanut butter which is a common breakfast and lunch item, and is an excellent source of protein for the impoverished.

After starting a small peanut butter factory, Natanael Ulien was forced to close due to a lack of capital. Although this setback was unfortunate, Natanael Ulien remains committed to helping his country. In order to establish a viable peanut butter operation, Natanael Ulien has sponsored a fundraising campaign on Kickstarter.  The raised funds will go towards purchasing equipment, materials and production facilities.  More importantly, this will allow him to hire many Haitians who can earn a living wage and support their families. Contributions will be rewarded with samples of spicy peanut butter, seats on the advisory board and trips to Haiti. To learn more about Natanael Ulien or to make a financial contribution please visit https://www.kickstarter.com/projects/759621999/world-favorite-foods-for-you-while-creating-jobs-f.

Distributed by GetMeCrowdfunded

Media Contact
Company Name: World Favorite Foods for you; while Creating Jobs for Others
Contact Person: Natanael Ulien
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Flytxt Platform goes Live in 3 MTN OpCos

Telcos are some of the largest and most complex IT environments for deploying analytics platforms as they have varied data sources, and volumes, running into many terabytes with millions of real-time events every day. Our deployments usually span 4 to 8 weeks; depending on the scale and scope of implementation. We could deliver our solution faster in MTN markets, thanks to their clarity on business objectives and proactive implementation support, said, Prateek Kapadia, CTO, Flytxt
Flytxt rolls out NEON, its real-time decisioning platform, enabling OpCos to realize economic value from subscriber events and network data faster and more efficiently.

Dubai, July 31st, 2014: Flytxt, a market leader in providing analytics-driven real-time, integrated, closed-loop campaign management platforms for Communication Service Providers (CSPs), announced today that it has gone live at 3 MTN Markets in Africa. Flytxt has signed a group-level partnership with MTN to deploy its real-time, on-trigger decisioning and customer engagement solution across its group operations in EMEA region. With this roll out, Flytxt platform is live in Ghana, Rwanda, Guinea Conakry, Uganda and Zambia.

Pieter Verkade, Group Commercial Officer, MTN commented “Flytxt platform has gone live in 3 markets in last two weeks; we appreciate Flytxt team for supporting our aggressive roll out plans. Flytxt’s real-time decisioning and customer engagement platform enables us to have more informed interaction with our customers and at the right time too, further enhancing their network experience.”

Prateek Kapadia, CTO, Flytxt while speaking on the occasion said “Telcos are some of the largest and most complex IT environments for deploying analytics platforms as they have varied data sources, and volumes, running into many terabytes with millions of real-time events every day. Our deployments usually span 4 to 8 weeks; depending on the scale and scope of implementation. We could deliver our solution faster in MTN markets, thanks to their clarity on business objectives and proactive implementation support. It is also a reflection of the robust carrier-grade plug-and-play architecture of the platform and our trained field presence with rich domain expertise.” 

Flytxt is a preferred analytics partner for more than 50 CSPs spread over 32 countries; driving their internal and external insight monetization initiatives focused at enhancing revenue and improving customer experience.

About the MTN Group

Launched in 1994, the MTN Group is a leading emerging market operator, connecting subscribers in 22 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: “MTN.” As of 31 March 2014, MTN recorded 210.1 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo-Brazzaville), Rwanda, South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. Visit us at, www.mtnbusiness.com, www.mtn.com and www.mtnmmo.com

About Flytxt

Flytxt is a leading provider of Big Data Analytics solutions that enable CSPs to derive measurable economic value from subscriber data. The company offers Customer Experience, Revenue Management and Insight Monetization Solutions as well as consultancy services to help operators run campaigns for increasing revenue, reducing churn and enhancing loyalty. Flytxt’s closed loop, integrated, real-time marketing platform has been selected by leading CSPs across APAC and EMEA, serving more than 500 million subscribers and has generated over $350 million incremental revenue for them till now. 

The company has won many industry awards like Frost and Sullivan Product Innovation Leadership Award, CEM Excellence Award, Aegis Graham Bell Award for innovation in Mobile Advertising, BID International Quality Summit Award, Red Herring Asia 100, NASSCOM Emerge 50 league of 10 and IEEE Cloud Computing Challenge. With its headquarters in Netherlands, corporate office in Dubai and global delivery centres at Trivandrum and Mumbai, the Company has presence in Delhi, Lagos, Nairobi, Kuala Lumpur and London. For more information about Flytxt, visit www.flytxt.com.

Distributed by MediaValueWorks

Media Contact
Company Name: Flytxt Mobile Solutions Pvt. Ltd.
Contact Person: Gargi Basu
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Country: India
Website: www.flytxt.com

Feminine cleanser Jilgyungyi – Get Rid of Vaginal Odor perfectly

Feminine cleanser Jilgyungyi
Feminine cleanser Jilgyungyi

Vaginal odor is a common problem facing by almost all women throughout the world. It is a very awkward situation for women to handle this situation. In this situation all focus is on others around them and try to avoid the troubling situation. Finding a solution to this vaginal odor problem can be frustrating for ever one. To solve the problem many woman use different products available in the market. It is true that there are many products available in the market. But all of them do not deliver the same as advertised or promised. But now you can easily get rid of vaginal odor. The reason behind this is that the world’s best Feminine cleanser “Jilgyungyi” is now available.

Jilgyungyi is white tablets to remove vaginal odor and yeast infections. It can help you to remove many problems related to vaginal odor and infections. Yeast infection, vaginal itching and irritation, vaginal dryness and odor, dysmenorrhea pain, urinary incontinence, loose vagina, menstrual irregularity symptoms can be easily removed by Jilgyungyi tablets. All these problems may cause big problems for you in future but with Jilgyungyi you can avoid these problems.

It is completely a scientific product based on self-purification function of your body and body construction. This product is a successful outcome of long years of research and experiment. Every little matter is considered during the preparation of the product. So, it will not harm your body. The aim of this product is to make you comfortable without any harmful effect. It promotes lactobacillus of your vagina to create richer lactic acid bacteria. Stable use of Jilgyungyi will increase the number of lactic acid bacteria. These bacteria will help your vagina to stay clean.

 The effect of this product may vary a little bit according to your body. But you can be assured that you can get relief from vaginal odor. The improvement in vaginal elasticity totally depends upon your body. It will better that use it at bedtime or in day time when you are not doing any dynamic activity. You can experience a vaginal tightness after the first day use or you may experience it after two or more days. But be careful it may cause vaginal discharge. If it happens to you stop using the product for some days. When you feel good you can use the product. Do not use this product during pregnancy or menstrual period. Take care of other instructions provided with the product. To be safe and secure you should follow the instructions carefully.

It is very embarrassing and uncomfortable to live with vaginal odor or yeast infections. Do not take it lightly if you are facing vaginal odor problem. It is a symptom of other problems or infections. This effective feminine cleanser will make you more comfortable and confident. Once you start use Jilgyungyi you can feel the difference. It delivers a tremendous experience to the user in such a way that you will never stop using after trying once. Be a smart lady and use Jilgyungyi feminine cleanser.

Media Contact
Company Name: HA U DONG CHUN CO., LTD.
Contact Person: Daniel Hong
Email: Send Email
Phone: 82 10 7180 7934
Address:2009-ho, Seocho EO Vill, Seocho 3-dong, Seocho-gu
City: Seoul
Country: South Korea
Website: http://www.amazon.com/cosmetic-Feminine-jilgyungyi-Excellent-constract/dp/B00LS83V5O

Source: www.abnewswire.com

7MM BET Renew Algorithms To Boast The Most Accurate Score Prediction Rate In The Business

7MM BET has created the most accurate score prediction algorithms to determine the outcomes of matches before they even take place, helping individuals make the most accurate calls on scores.

Betting on the outcomes of football matches is something millions of people love to do, whether as a flutter on their favorite team, a pastime that can help them make extra money or even professionally. The risk of course comes in never knowing the outcome. However, if individuals can use a highly accurate score prediction service they increase their chances of winning big. 7MM BET has introduced new algorithms to better predict scorelines, and help their users make even more money by placing more accurate bets.

Though the company offers a huge range of services and casino games (tangkasnet and agen bola tangkas online) to their users, they have come to specialize in score prediction after their team consistently found ways to increase their accuracy. With the latest update, they claim to be the most accurate score prediction service in the business right now.

In addition to this statistical outcome generator, the site has also furnished its blog with an abundance of sports and soccer related content designed to provide insider knowledge to individuals interested in betting on the future of teams or even players. The content is all high quality and completely original and is even helping people involved in Fantasy Football leagues.

A spokesperson for 7MM BET explained, “We have been working hard to provide our users with the best services possible and to give them added value for using our site by increasing the accuracy with which we predict scores and outcomes of games. After years of refinement, our latest update has created the most accurate score prediction to date, and makes it easier than ever for users to achieve what they need to achieve. We offer a safe, convenient and easy service with access to a huge range of games to choose from, so there’s never been a better time to see how you could do better with 7MM BET.”

About 7MM BET:

7MM BET is a website with one of the best online football prediction services according to bet-makers. 7MM BET enables users to access a wide range of football betting and casino gambling games online, including Ibcbet, SBOBET and 368BET. Their online casino features 338A, Avia, Guavita, Asia8bet, Unobet, 1sCasino, and IonCasino. For more information please visit: http://www.7mmbet.com/

Media Contact
Company Name: Brand Outreach
Contact Person: Joe Bragg
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First Aid Plus + More – the best one-stop shop for all First Aid & Emergency Preparedness needs.

A first aid kit is a collection of supplies and equipment for use in giving first aid. First aid kits can be put together for the purpose by an individual or organization or purchased complete. First aid kits can be assembled in almost any type of container and this will depend on whether they are commercially produced or assembled by an individual. Standard kits often come in durable plastic boxes, fabric pouches or in wall mounted cabinets. The type of container will vary depending on purpose, and they range in size from wallet sized through to large rucksacks. There is a wide variation in the contents of first aid kits based on the knowledge and experience of those putting it together.

First Aid Plus+ More is such a company and First Aid Plus+ More is thrilled to announce the launch of the newly designed website and online store. The redesigned innovative site offers more functionality and easier navigation directing visitors to important information, new products and special offers. The product pages offer detailed product description, product uses and first aid and emergency preparedness tips.   The new online store features products exclusively sold on the web, online promotions and deals and a simplified user interface making it easier to shop for all their first aid and emergency preparedness needs – all in a secure and reliable environment. 

Also starting August 1 thru September 15, customers can take advantage of discounts up to 50% on First Aid and Emergency Preparedness Supplies in the store during our Blowout Sale as they close the doors to their Outlet Store.   

The shop provides quality products at largely discounted prices. The shop has been set up to help customers to get the best value on the market.

These quality products at affordable prices can help saving money on first aid and emergency needs and we strongly recommend visiting the website: www.firstaidplusmore

Media Contact
Company Name: First Aid Plus More
Contact Person: Ynah Santos
Email: Send Email
Phone: 213-373-5082
City: Walnut
State: California
Country: United States
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Source: www.abnewswire.com

Impact and Influence of CSR Policy on FMCG Industry Survey by Global Executives

Market Analysis Reports & Industry Analysis Reports
MarketReportsStore.com adds “Global Executives Survey: The Impact and Influence of CSR Policy on the FMCG Industry” to its store. The report analyzes significance of corporate and social responsibility (CSR) policy and key challenges encountered in implementing CSR within their organizations.

“Global Executives Survey: The Impact and Influence of CSR Policy on the FMCG Industry” is a new report by Canadean that globally analyzes industry opinions on the significance of corporate and social responsibility (CSR) policy and key challenges encountered in implementing CSR within their organizations. This report also examines ethical and environmental issues confronted by the organizations to set their objectives and strategies. Furthermore, the report analyzes the key factors responsible to consumer skepticism over environmental and ethical claims, and highlights the CSR activities actively engaged by the organizations.

Key Findings

• Overall, 33% of respondents from the FMCG industry highlighted ‘reducing and eliminating water pollution’ as the key issue for their organization to set up their objectives and strategies.

• Respondents state that a ‘good CSR policy can lead to improved corporate image’

• Executives agree that it is more important to be transparent to customers about CSR than five years ago

• Additional costs involved in implementation is the pressing concern for companies investing more in CSR policy

Buy a copy of this report at


This report is the result of an extensive survey drawn from Canadean’s exclusive panel of leading global FMCG industry executives. The report analyzes significance of corporate and social responsibility (CSR) policy and key challenges encountered in implementing CSR within their organizations.

In particular, it provides an in-depth analysis of the following:

• Key objectives for next three years: analyzes the key objectives of FMCG companies to be implemented over the next three years.

• Environmental and ethical issues: explains the importance of environmental and ethical issues to the organizations when it comes to setting objectives and strategies.

• Importance of a CSR Policy: determines the importance of a CSR policy from both organizational and consumer perspective.

• Key barriers to invest on a CSR policy: tracks the pressing concerns faced by the organizations to invest more on a CSR policy, from both organizational and consumer perspective.

• Reasons for consumer skepticism: identifies the important causes for consumer skepticism towards ethical and environmental claims amongst organizations.

• Key duties engaged by the organizations: ascertains the key CSR duties actively engaged by the companies from FMCG industry.

Reasons To Buy

• The report projects the significance of CSR policy within the FMCG industry, and allows readers to make effective business decisions

• The report assists readers to take strategic decisions by understanding the importance of ethical and environmental issues while setting up their objectives and strategies

• FMCG industry executives will be provided with a clear uncovering of the key challenges faced by the organizations to invest more in a CSR policy

• The report highlights the key factors responsible for consumer skepticism towards ethical and environmental claims amongst organizations

• The report helps FMCG industry executives to understand the change in consumer behavior towards CSR policy over the next three years

Inquire before buying on this report at

Few Points from the Table of Contents

• Although organizations recognize the importance of ethical and environmental issues and the majority of them have a CSR policy, CSR is not at the forefront of business objectives

• Organizations within FMCG industry value the benefits associated with a good CSR policy, however they need to overcome challenges to implement the same

• Organizations view CSR as a prominent issue over the next three years. Greater transparency is considered key to avoid consumer skepticism about CSR policies

About Us:

Market Reports Store is your one-stop online shop for syndicated industry research reports on 25+ categories and their sub-sectors. We bring to you to the latest in market research across multiple industries and geographies from leading research publishers across the globe.

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Source: www.abnewswire.com

Oakland-based Rapper and Producer Fantastical Carpé unveils a new website to share latest releases and information with hip hop fans period

Fantastical Carpé has attracted the attention of many hip hop fans with his authentic rap style about life as it is, the struggles of an upcoming rapper and his experience growing up in the East Bay
Fantastical Carpé, a talented Oakland-based rapper, actor, and producer, has unveiled a brand new site that the rapper says will be used to share his music, information, and some of his hottest releases in the next few years

Oakland, CA – Fantastical Carpé, a talented Oakland-based rapper, actor, and producer, has unveiled a brand new site that the rapper says will be used to share his music, information, and some of his hottest releases in the next few years.

A statement released by Fantastical Carpé confirmed that the website is now live and online. Hip hop fans across the US and the world at large will have a once in a life time opportunity to savor one of the raw and emerging talents in the hip hop space. The website is also designed to accept donations from fans to finance upgrades, the development of new CDs as well as the acquisition and replacement of equipment. Fantastical Carpé has attracted the attention of many hip hop fans with his authentic rap style about life as it is, the struggles of an upcoming rapper and his experience growing up in the East Bay. Carpé is confident that with donations of as low as $5 he will be able to take his rapping career to the next level.

Fantastical Carpé has released a number of tracks, most of which have shown his undying intent to become the next big thing in hip hop. Although his eventual goal is to sign with one of the biggest record labels in the US, Carpé has already managed to establish himself as a distinctive rapper that would probably bring a new perspective in mainstream hip hop within the next few years. Kyle Booten, a leading writer who graduated from Cal Berkeley, acknowledges this sense when Carpé compares himself with Muhammad Ali.

He says, “When Oakland rapper/producer Fantastical Carpé compares himself to Cassius Clay, this isn’t your standard M.C. bragging. It’s a clever, sly, self-aware statement of intent. Like Cassius (Muhammad Ali) in his prime was never afraid to take rounds of punches, pinned back against the ropes; he knew he’d come back late in the 8th with a knockout. Carpé raps about his struggles, about growing up in the East Bay and about striving to make it as a rapper.”  Based on the tracks released so far, it is evident that indeed Fantastical Carpé is one of the emerging talented rappers. The passionate hip hop artist says that at the moment he is focusing on building his fan base while still learning more about the music industry.

The rapper has also acknowledged that he is heavily relaying on fan donations through his website to finance his next music projects. With so many impressive songs, he is at a point where he is right on the verge of breaking into the hip hop industry. Having been inspired by such mainstream rappers as Kanye West, Eminem, and the late producer J. Dilla; there is no doubt Carpé is destined for great things as far as hip hop is concerned. You can visit his site today for details about his music and to make a donation as low as $5. “Better yet, take your time and Get to Know Him personally!”

Media Contact
Company Name: Unsigned/Independent Artist
Contact Person: DeMonté Lane
Email: [email protected]
Phone: 778 722 0567
City: Oakland
Country: United States
Website: http://www.fcarpe.com/