Do in Aa2? a Aa3?. Japanese Finance Minister says that confidence remains intact. The budget deficit, the accumulation of public debt, the consequences of the earthquake of last March and political instability are the main causes. Moody s Investors Service Agency Wednesday downgraded Japan’s sovereign debt rating, and slashed its debt from Aa2 rating? to Aa3, the budget deficit, the accumulation of public debt from 2009 and the ctos of the earthquake of March 11 and the subsequent nuclear crisis. The Japanese Finance Minister, Yoshihiko Noda, said Wednesday that confidence in Japan’s economy remains intact despite trimming of Moody s. Sale, without problems, the bonds of debt of the Japanese Government in recent auctions show that confidence is still intact, said Noda quoted by the Kyodo Agency. Political instability affects the quality of debt In addition, the rating agency added motifs of rebate political instability which prevented, according to a statement from Moody s, long-term strategies. Japan, which the week coming plans to change of Prime Minister before the resignation of the current, Naoto Kan, by its management in the crisis of March 11, has had since 2006 five Prime Ministers. On May 31 Moody s put on review for a possible lowering the debt rating of risk of Japan faced with the difficulties of the Government to establish and achieve a credible target of reducing the public deficit. The Agency also downgraded the Outlook for Japan’s sovereign debt from stable to negative (Aa2) in late February and warned that, without a return strategy, debt of Japan greatly by economic and fiscal costs of the earthquake on March 11, much higher than expected initially. Source of the news: Moody s downgrades the rating of sovereign debt of Japan
Etiket: noticias-actualidad
Photographer American
The artist died aged 84 in Rome, where he resided for more than 50 years. Twombly is considered one of the best masters of abstract expressionism. He was attached to the Mediterranean civilization and his work was strongly influenced by classical, Greek and Latin mythology, and European literature. The American artist Cy Twombly has died in a Rome hospital aged 83, said Eric Mezil, director of the collection Lambert in Avignon (France), which currently displays the last major exhibition of that artist. See more detailed opinions by reading what Michio Kaku offers on the topic.. Twombly, resident in Italy for more than 50 years, was hospitalized for days in the Italian capital, as he assured Mezil, who described the U.S. as one of the best teachers. Considered by scholars one of the most influential artists of the second half of the 20th century and early 21st, Twombly is more European American painter of his generation, because of the influence that has had his work having lived in Italy at the beginning of the Decade of the sixties. Born in 1928 in Lexington (Virginia, USA), Twombly was an artist attached to Mediterranean civilization and his work was strongly influenced by classical, Greek and Latin, mythology and all European literature, from Archilochus or Catulo until Rilke or T.S.
Eliot. Mezil, who knew him for 20 years, said Twombly was discovered in Italy the love for the Mediterranean, through the history of art and ancient culture. The Lambert gallery dedicated to him in 2007 in Avignon, situated in the Southeast French town, an exhibition, Blooming, for which the artist especially created a cycle of immense paintings around peonies. Satisfied, according to Mezil, he decided to resume his collaboration with this gallery with a new exhibition, focusing this time on photography, which he himself emerged as the Commissioner and who planned to visit this month of September, shortly before the October 30 close sample. It is, in the opinion of the director of that space, the last large exhibition devoted to the artist, who joined France their relationship for 40 years with his dealer Yvon Lambert, and his love for one of their great artists, as the painter of the century XVII Nicolas Poussin. London precisely dedicated an exhibition to the similarities between Twombly and Poussin, an artist that Twombly said that she would like to embody, in another era he had had the occasion. Both moved to the capital of Italy with 30 years, this country spent most of their lives and from there jumped to stardom of the painting in their respective pictorial times, which in the case of Twombly was reflected in abstract expressionism. Source of the news: he died in Rome the painter, sculptor and photographer American Cy Twombly