"will knoli " Egg Boy

 
Thirty thousand dollars is the outcome that Australians have so far collected as a gift to the young man  "will knoli " who crushed an egg at the head of a paltry senator from the racist fascists.
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Only seventeen-year-old will Connolly donated the money to the victims of the brutal terrorist attack on Muslims in New Zealand.
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Will Connolly is a living lesson for all racists in all their ethnic and religious backgrounds, a young man who is not linked to Islam by birth or by conversion, God the purely human bond that makes man above all other considerations, when it comes to the right of the other to live in safety and security on any religion he pleases.
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In today's Arab and Muslim world, we may need to break some eggs on some of the fossilized warheads that attack us whenever we declare our solidarity with the non-Muslim dead, as happened in previous terrorist incidents.

More :
Will Colney, known as Egg Boy.
He commented on an egg-cracking event at the head of the anti-Muslim senator, saying:
 "This was the moment I felt so proud to be a human being.
Let me tell you all, comrades, Muslims are not terrorists, terrorism has no religion, all those who consider Muslims as a terrorist society, have empty heads such as moan (Senator)  "
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Pork !

 
A German man asked me why you don't eat pork? Why do Muslims not eat ham? He asked me to explain to him one reason scientifically, not religiously, he asked me to be a convincing answer if I could!
I said to him: give me one hour and give you the answer in German and explain the reason scientifically by God's permission. I searched the internet and browsed a lot of English, German and international scientific pages.
And if shocked by a report I found in a German site:
The source is the German Food Standards Monitoring authority and writes the following as a useful acronym for pork:
* Pig eats dead (carcass) and if his father.
* Pig eats almost everything: urine and even your urine! And the residues of other animals, dirt if wet, Jeff swollen, eaten, plants and wet tabala.
* The pig's poison ratio is 30 times more than mutton.
* Pig does not sweat! It's like a sponge sucking every dirt! This is a disaster in itself.
* When you eat lamb, it takes 6 to 9 hours to digest, while the liver absorbs a small amount of toxins in a big time, and pork takes from 1 to 2 hours, and in this the liver is covered and soaked in toxins!
* The male pig homogenizing with any beast and if he was male, making him a disease bearer.
* After 3 hours of killing a pig only the worms come out of his body!
* There are worms in the body of the pig do not die even after cooking or grilling!
* Pork stew takes 6 hours. Pork cannot be smoked as it continues to melt until it disappears, and this is similar to human flesh,
* Pork is used in cosmetic surgery as a substitute for human skin, and those who do the work of Toushim (tattoo) tattoo on the skin of a pig before the skin of the customer.
* There is blood in the pig's head because he is the only creature who does not raise his head up.
* Pig hair is still only burning! Barbecuing!
* The pig does not smell his meal before he eats it! He empties his nose to eat if he's clean, then eats it.
So I sent this report to him with his source to this person and if he refuses to eat pork again..... And if he does, he also publishes this report in all the German-themed pages of why Muslims don't eat pig!

Notre family is in mourning

 
Bastien of Reims on the set of 12 strokes of noon, had offered us a moment of emotion out of the norm. One of those hanging moments that one can't forget in a lifetime. At age 23 Bastien represented the joy of life, the future of a youth who needs so much to express themselves. By his words slammed with a disconcerting truth, he had made us travel, had moved us, had carried us.
Despite the rapid intervention of the rescue, your voice was extinguished after you were rushed in the street. This act of violence is unbearable, unacceptable, intolerable.
All forms of violence are intolerable.
Your words will resonate for a long time on our plateau, in our hearts and you shall remain a glittering star, an example of the benevolent youth towards the other.
It is to you, your loved ones and your whole family that my heart turns today.
Bastien, you are and will remain in the eyes of all, a man shining in every sense of the word

Muslim woman is the cleanest .....

 


A world of Jewish embryos: a Muslim woman is the cleanest woman on earth.

The scientist Robert Gilthem the leader of the Jews at the Albert Einstein Institute, a embryologist declared his Islam as soon as he knew the scientific truth and the Miracles of the Qur'an in determining the number of divorces for women for three months.
Where modern science surprised everyone with a scientific surprise called "Man's water footprint", since the male's male memory has 62 proteins, different from man to person, such as the fingerprint difference, which is a special code for each man and the woman's body carries a computer that weighs a blade from men, if she marries another man immediately after divorce or enters More than a blade as if a virus has entered this computer and it infects it with malignant diseases.
It is scientifically proven that the first menstrual period after the divorce removes 32% to 35% and the second one removes 67% to 72% of the man's fingerprint and the third leg removes 99. 9% of the man's fingerprint, the uterus is cleansed from the previous fingerprint and ready to receive a new fingerprint blade without injury.
Therefore, the practices of prostitution and adulterers are caused by fatal diseases due to the mixing of semen in the uterus.
As for the widow, she needs more time to remove the code, since grief proves her fingerprint more strongly and she needs the one that Allah Almighty said (four months and ten) to completely eliminate the man's water footprint.
That fact prompted the embryologist to carry out an investigation into a Muslim-American neighbourhood in America that showed that all women bore the fingerprints of their husbands only. Scientific investigations in another neighborhood of liberal Americans have indicated that they have multiple fingerprints from two to three.
The truth was amazing to the world when he did the tests on his wife to find out she had three fingerprints, which means she was cheating on him.
His limit went to discover that one out of only three sons is his son.
He was convinced that Islam was the only religion that guaranteed women's immunity and the cohesion of society, and that Muslim women were the cleanest woman on earth. 

A man who adores his wife.

 
A man who adores his wife.
When that woman was asked about the secret of her eternal happiness
Is it the skill to prepare food
Um al Jamal
or having kids
or otherwise
The old man said:
Getting married messengers after God has reconciled the woman.
Women can make their house a paradise and appreciate the opposite.
Don't say the money!
Many rich women are miserable,
Their husbands flee.
Not the boys.
There are women who give birth to 10 boys,
Her husband does not like her and may divorce her.
And many of them are good at cooking
One of them cooks all day long
However, she complained about her husband's mistreatment.
I admired the announcer.
And then I said, what's the secret?
The old man said:
When my husband gets angry and erupts.
I was resorting to silent and respectfully applied silence.
With the head is very sorry
and dont you and the silence that accompanies the look of irony the man is smart and understands it
Then the announcer said:
Why don't you get out of your room?
The old man said: don't...
He might think you're running away from him and you don't want to hear it.
You'll be silent and agree to all that he says until he calms down.
And then I tell him you're done.
Then get out... Because he's going to get tired.
and needs to rest after yelling ♡
Get out of the room and complete my chores.
Then the announcer said: What are you doing
Do you go to the county style and don't talk to him for a week or more?
The old man answered. Don't.
That's a bad habit.
A two-edged weapon.
When you interrupt your husband for a week and he needs your money, he'll get used to it.
And perhaps the roof rises so demanding that he may resort to extreme stubbornness
So I said, what are you doing?
The old man replied: After two hours or more I put his
 "Cup of juice " or  "coffee cups "
And I say to him prefer to drink ♡
Because he really needs it and I talk to him normally.
So he asks me, are you angry?
I say: no
He starts apologizing for his harsh words.
And he hears me beautiful words.
The announcer said: And do you believe him?
The old man said: Of course, yes, because I trust myself, not dumb.
Do you want me to believe his words and he's angry?
And I don't believe him while he's quiet.
The announcer said: and your dignity
The old man said:
My dignity is with the satisfaction of my husband and the purity of the ten among us.
There is no dignity between husband and wife.
What Dignity!! ..
You have been in front of all your clothes.

* If a woman creates a bird, you'd be a peacock  "If I created an animal, it would be Ghazala" if you created a bug, you'd be a butterfly. By the way I became a lover and a wife and a wonderful mother and the most beautiful blessing for the man on Earth if it was not • ∙ Women • A very great thing when God made her a fairy to reward her  Believer in Paradise...
My truth is that you liked me and it is so much so that the flower will die and the word kill! )
Wonderful is the female ♡
In her childhood she opens to her father a father in heaven
And in her youth she completes the religion of her husband
And in her motherhood, heaven is under her feet.

The first words of the: Zinedine Zidane :

 



His first words: I know it's a special day for all. I am very happy and that is the most important thing. As I said to the president, I am very happy to be back home. I don't have much to say anymore... I'm just very happy and I want to work again to put this club where it needs to be. Now, the only thing I think about is starting work tomorrow. »

His sensations: "I'm glad to come back, I wasn't very far either, because I live here. I'm happy to work with this club and this group mostly. I really wanted to come back, even though the challenge is even greater than when I first made the appointment. »

What changed: "I needed to blow after two and a half years, and I thought the dressing room needed it because I experienced it from the inside out everyday. Maybe it was wrong.. Today I made the decision to come back because the president called me, that I love him very much, and that I really like this club. I had several proposals, but I did not want to go to other clubs, I just wanted to come back here. »

A responsibility: "It is great, we know how it goes here." Everyone is expecting a lot from this club and I am one more. I like football, I played for this jersey and I won a lot of things, but I'm just one more. I remember what I won here, but I also remember what I did wrong, what we did wrong last season. We lost La Liga and the Copa consecutively. Ok, we won the Champions, but I know what happened. Life is so, there are good and bad times. »

If he had any doubts: "When I listened to everything that was said [in the press], I did not want to express myself. I haven't given any interviews in nine months. When the president called me... I couldn't say no to the president. I was not happy to see how things were going. I was the coach and it happened the same thing [in La Liga] with me. We will see what we are missing and we will make sure to correct them for years to come. »

Changes: "Things will change." Some things will have to be changed for next year, but this is not the time to talk about it. I came back and we'll have time, with the president and the club, to discuss all this. »

A return from CR7? "That's not the point. There are 11 games to play and we're only going to think about it. We know who Cristiano is, he is part of the history of this club, no one will change that. It was the best, one of the best, but that's not the point. »

A debt owed to Real? "No, none. I'm back but when I left, it was the best solution for all, not just for me. »

He rested: Yes, nine months here in Madrid. I took care of my stuff, I recharged my batteries and I'm ready. Ready to live, again, the experience of coaching Real Madrid. I am offered another opportunity to train this club that I love so much. »

What will be his staff: "It will be the same." The same as before. »

What he did wrong: "many things..." We won the Champions last season but the Copa was tough, la Liga had very badly started.. And I was in charge. We coaches, we come, we go again... But you have to look ahead. »

Isco, Marcelo, Bale... "The players who are here have won a lot. I'm not going to comment on what happened with one or the other... What I want is to come back with them, work and do things right on Saturday. »

Recruits: "I don't think about it, I'm just happy to be there and I'm thinking about the next games. We'll have time to prepare for the next season.

child says

 


The mother of the child says: I bought my son a fish and was very happy with his new girlfriend so he loved her very much, went to bed at night to find that he took her out of the water basin to sleep with him in bed, the intensity of his love for.



Although they drink alcohol

 


Although they drink alcohol and eat pig meat, they do not eat the money of orphans, the poor, the handicapped and the elderly. They are the most honorable of God's creation, not like those who wear robes and stand behind the Imam.

Abdelhak Talib and I tell you that they do not, if I were conscious to realize that they are the source of most of our.

 You are right, my brother. If the Islamic peoples were dealing with the peoples of
 European countries of justice, health and higher education, we would not be the best nation that was brought out to the people. Unfortunately, the Muslim is doing all the good deeds in various fields of life in Europe and does not receive  

Nadia Madassi

 
 resigned Monday. A journalist of television fraçaise makes his analysis, by saying that the name of the candidate Ali Ghdiri disturbs certain people of the circle to the capacity.
To recall that, of the journalists of the audio-visual Algerian public - of which Nadia Madassi - recently denounced the pressures exerted by their hierarchy concerning the cover of the current dispute of the 5th candidature for presidential of Abdelaziz Bouteflika, a movement ever seen since it arrived at the report heading 20 years ago.

Cut of man the dawn wake up for

 
Man wake up early to his cobra arrives the dawn so the mosque the mosque is clothing wtwD'a and adequate gold to the mosque middle of the road is stumbling and dropping wtwsxt his clothes rose and his house returned to and other than his clothes wtwD'a and gold to prays adequate breath of the place is stumbling and dropping wtwsxt his clothes so his house returned to and other than his clothes wtwD'a and output from alpine person found with him lamp asked him: From you? Said: I saw you incident twice and shortage lights of lac of the road to the mosque. .wnwr for him the road and the stubborn mosque said for him: Blade enters for. .rfD the entering and attacks requested him hit him refused and in tightening his the entering llSlaah saalh: Why does not like that arrives? Said for him: I the devil I dropped you aalmrh first lac returns the house followed the mosque arrives in and hit you returned and for what return to the house forgave Allah your lac of guilt; For what dropped you aalmrh aalthaanyh and the house returned to Allah forgave to your house qualifies; Comes aalmrh aalthaalthh lightness to falls you so Allah forgives to qualifies qrytk.flaa the devil makes for on you sbylaa.aadhaa spreading was her will exhaust you so does not spread her so the devil he from preventing your so taking of reward do not deserve her her reward be soft great .laa graduation blhy the to glory of Allah writes

The wolf cleared

 

The wolf he the only animal who killing of the jinn can after manages assigned him aalHaadaataan from observation of the jinn waalwthb on them so kills them the wolf does not eat aaljyft, to ends from aalsbaae' and blessing lineage of the kings, followed happens the stubborn wolves marriage of the unmarriageable person - great - glory Allah any that he his mother does not marry from or his sister as remaining my the animals loyalty of the husbands is the enemy wolf cut off similar any that he marries from dhy'bt one only extension of Al-Hayat followed betrays her, likewise the female her husband does not betray, and the wolf introduces his sons understood mother one creates from and father one.
 In case death of one of the husbands blacksmith builds to extended three months do not decrease about the faithful wolf in the son dubs for that he the only animal who fathers after their arrival for stage of the old age for incapability on conformity of the herd in the hunting be devoted his their so stays aal'abwaan in the nest and hunts to the sons worried and vaccinates them the brave wolf she cleared and the loyalty and the breath became strong wbraalwaaldyn. So glory of Allah.

What types of mesothelioma are there?

 
Mesothelioma is categorized by the location of the tumor and the type of cells that compose it. The most common location where mesothelioma cancer forms is in the lining of the lungs, called the pleura, and is known as pleural mesothelioma. Other locations include the lining of the abdominal cavity (peritoneal mesothelioma), the lining of the heart (pericardial mesothelioma), and the lining of the testes (testicular mesothelioma).
Pleural mesothelioma accounts for 75 percent of cases, and peritoneal mesothelioma accounts for approximately 20 percent. Pericardial and testicular mesotheliomas both represent about 1 percent of cases.
Pathologists examine biopsy samples of the tumor(s) under a microscope to determine the mesothelioma cell type. The most common cell type is epithelial, which also has the best prognosis. Other cell types include sarcomatoid and biphasic.

Mesothelioma & Asbestos Worldwide

 
Although many countries ban or restrict the use of asbestos, that ban is not universal. Some developing countries continue to mine and use asbestos – considered a toxic mineral by nearly all health officials – because it is relatively inexpensive compared to other substitute products. Surprisingly, the United States has not completely banned asbestos – only six asbestos products are banned while many other asbestos-containing products continue to be used in the U.S. Keep reading to learn more about other countries and how asbestos is regulated around the globe.
Governments of India and Vietnam, among others, maintain that because some types of asbestos are less harmful than others, safe handling will prevent exposure. That position opposes the view of the World Health Organization (WHO), which argues that the best way to eliminate asbestos-related diseases is to stop mining and using asbestos altogether.
WHO officials estimate that 125 million people around the world are annually exposed to asbestos in the workplace, and the International Labor Organization says about 100,000 workers die each year from an asbestos-related disease.
In 2010, the American Public Health Association joined the call of at least three major international health organizations in asking for a global ban on asbestos use. The World Federation of Public Health Organizations, the International Commission on Occupational Health, and the International Trade Union Confederation earlier recommended such a ban.
According to Jock McCulloch and Geoffrey Tweedale, authors of Defending the Indefensible: The Global Asbestos Industry and its Fight for Survival, “Asbestos is still mined and used in the developing world, where the problems that were experienced in America and Europe in the 20th century are now being duplicated in China, Russia, India and other countries in the Far East.”
Here is a list of countries with well-documented histories of asbestos production and use and what is being done to limit exposure.

Canada

Black Lake Asbestos Mine
Well known for its cold weather and love of hockey, Canada has recently been recognized as the country responsible for not adding asbestos to the international hazardous list. Canada’s asbestos mining efforts started around 1850 when chrysotile asbestos deposits were discovered in Thetford. By 1876, approximately 50 tons of asbestos were being mined in Quebec. By the 1950s, the annual mining haul was more than 900,000 tons.
In early 2011, the Jeffrey Mine in Asbestos, Quebec, received scrutiny after the Canadian government proposed a $58 million grant to reopen the mine. Because private investors failed to raise $25 million by the July 1, 2011 deadline to purchase to mine, the grant from the Quebec government has been delayed for an unknown amount of time. This delay is intended to give investors more time to raise funds.
As recently as June 2011, Canada again decided not to support adding chrysotile asbestos to the list of hazardous substances in the Rotterdam Convention, an international treaty that promotes unity and responsibility about exporting and importing hazardous chemicals and substances. Canada is the only G8 country that has not voted to include asbestos in the treaty.
Despite its hard-line position, Canada actually uses very little asbestos. It exports 96 percent of the mined mineral to Asian countries.

India

The second-most populous country with more than 1.2 billion people, India’s extensive use of asbestos will likely have a significant impact on the future health of the country’s population. Experts predict a pattern similar to what developed in the United States over the past 50 years: a dramatic rise in the number of cases of asbestos-related diseases.
India no longer mines asbestos, but it is the top importer of Canadian asbestos. About 20 years ago, India handled 500,000 tons of asbestos cement roofing. Today, that number is closer to four million tons.
India in 2011 changed its long-held stance and voted to add asbestos to the hazardous list at the 2011 Rotterdam Convention. The Ban Asbestos Network of India (BANI) is a group of scientists, doctors, public health researchers, trade unions, activists and civil society groups that condemn the use of asbestos and push for an immediate ban on asbestos. BANI has been successful in drawing attention to the hazards and toxic effects of asbestos exposure.

United Kingdom

The United Kingdom in 1931 introduced the Asbestos Industry Regulations. At the time, the regulations determined only the “safe” level of exposure. In 1960, the legal exposure limit was increased, placing workers at a higher risk of contracting mesothelioma and other asbestos-related diseases. By 1968, the standards for exposure levels were lowered to reduce the risk of contracting disease.
England, though, is paying for years of higher level exposure. In 2008, the last year for which figures are available, 2,249 people in the UK died of mesothelioma. The UK has prohibited the trade, application and supply of crocidolite and amosite asbestos since the 1980s. Chrysotile asbestos was prohibited in 1999.

Australia

Australia is another country with a sweeping history of asbestos use, although its heavy-use years are long gone. Its peak year was 1975 when the country used about 70,000 tons. But years of overuse impacted the long-term health of Australian citizens: There were 551 deaths related to mesothelioma cancer documented in 2007.
Perhaps no place in the world can show the toxicity of asbestos better than the town of Wittenoom in Western Australia. Mining began there in 1939, and eventually the predominant asbestos was crocidolite, replacing the less-toxic chrysotile asbestos. Multiple health reports indicate that exposure to crocidolite asbestos leads to an increase in the development of asbestos-related diseases.
Because of Wittenoom’s long history of mining and the exposures that occurred as a result of that history, Western Australia has the highest rate of mesothelioma and asbestos-related cancers in the world. The town was shut down in 1966 because of low profits and rising concerns for asbestos-related diseases.

Russia

Russia, which is the largest country in the world in terms of land mass, also leads the planet in asbestos production. In 2000, asbestos productions reached approximately 700,000 tons, much more than Canada and China. By the year 2008, mining produced more than one million tons of asbestos.
Russia’s high production numbers stem from the city Asbest, located about 900 miles northeast of Moscow. Once known as “the dying city” because of its high rates of mesothelioma and other asbestos-related diseases, Asbest is home to a mine that measures seven miles long, one-and-a-half-miles wide and more than 1,000 feet deep.
About 500,000 tons of asbestos is gathered from the mine each year.
Unlike Canada, Russia has remained a large user of asbestos. It is the world’s third-largest consumer, trailing only China and India. Russia has widely used asbestos in roofing materials, automobile brakes and insulation. About 3,000 asbestos-containing products have been labeled as safe by the Chief Sanitary Officer of Russia.
Annual asbestos-related deaths were 10,400 in 2005. With little opposition towards the use of asbestos, Russia will likely continue to use and export this toxic substance.

South Africa

South Africa began mining asbestos around 1883 after a crocidolite asbestos mine was established in the Northern Cape region in Koegas. The country developed into a major producer of crocidolite asbestos, supplying Australia and the United Kingdom with the heat-resistant mineral for many years during the 20th century.
South Africa’s mining of asbestos peaked in 1977 at 380,000 tons, making it the third-largest supplier in the world. But within a decade, the Northern Cape mines were closed because of the medical risks involved and a growing concern of asbestos-related litigation.
Because the health effects of asbestos exposure were largely hidden by the asbestos mining industry, there was little public awareness of mesothelioma and other asbestos-related diseases until the late 1970s. Following the lead of the Northern Cape mines, several other asbestos mines in South Africa also closed, and residents of Prieska formed Concerned People Against Asbestos (CPAA), which focuses on improving access to compensation for citizens battling asbestos-related diseases.

China

China is one of the world’s largest producers of asbestos. The country mined more than 450,000 tons in 2000, a total that placed it behind only Russia in asbestos production. Since, Chinese production has fallen. Its mining total fell to about 280,000 tons in 2008.
Unlike Canada, Chinese manufacturers and builders consume large amounts of asbestos, using it for roofing materials, walls, brake pads, gaskets and cloth. Jukka Takala, director of the European Agency for Safety and Health at Work, believes the annual Chinese death toll from mesothelioma and other asbestos-related diseases could reach as high as 15,000 by 2035.
At the 2009 Asian Asbestos Conference, a ‘Hong Kong Declaration Towards a Complete Ban on all forms of Asbestos’ and asbestos processing was recommended. The declaration asked for asbestos use to be phased out and recognized the need of assistance for those suffering from asbestos-related diseases.

Brazil

Brazil is the world's third-largest producer of asbestos. It is also the third-largest exporter, shipping primarily to Asia, Mexico and Colombia. Although exporting asbestos brings in a significant amount of revenue for exporters, Brazil keeps a large share of the mineral within its borders. The country used 94,000 tons as recently as 2007, ranking it No. 5 among the world's asbestos consumers.
There are 11 Brazilian companies that continue to mine asbestos and produce asbestos-containing products. The production generates about $1.3 billion annually for the country's economy. While these companies employ nearly 3,500 people, the asbestos industry says mining the toxic substance creates about 200,000 jobs.
Estimates predict the rate of mesothelioma and asbestos-related deaths will continue rising in Brazil's future. Dr. Ubiratan de Paula Santos, a pulmonologist at the University of São Paulo Medical School, treats about 20 mesothelioma cases a year, and he says that number is slowly climbing. The majority of his patients are current and former asbestos plant workers.

Kazakhstan

Kazakhstan is one of the world's largest producers of asbestos, mining 230,000 tons of it in 2009. While Kazakhstan exports most of the mineral it mines, it does consume some. Houses, apartment buildings, hospitals, schools, commercial buildings, brakes and other products are manufactured with asbestos products. Recent developments, however, may turn this trend.
In 2009, 75 participants of a conference on the use of chrysotile asbestos and its health effects recommended the Kazakh government support a national program to eliminate asbestos-related diseases. Since the conference, the first of its kind in Kazakhstan, other seminars on the side effects of asbestos have pushed the notion that Kazakh citizens are ill-informed about asbestos-containing materials. Those leading the seminars say there is now stronger public participation in monitoring existing asbestos regulations.

Mesothelioma cancer ...

 
Mesothelioma cancer most commonly develops in the lungs of people exposed to asbestos.

Mesothelioma is a rare cancer caused almost exclusively by exposure to asbestos. It usually affects the thin, protective membrane surrounding the lungs, heart or abdominal cavity. Doctors diagnose an estimated 3,000 cases of mesothelioma a year in the United States, and the majority of those are traced to job-related exposure.
Although asbestos use declined dramatically in recent decades in this country, the incidence of mesothelioma remains steady. That difference can be traced to the distinct latency period linked to mesothelioma. The disease can take anywhere from 20 to 50 years after exposure to asbestos before it shows obvious symptoms and an oncologist can make a definitive diagnosis. While no cure for the disease exists and the prognosis is typically poor, researchers made significant progress in recent years in understanding mesothelioma and developing new treatment options and alternative therapies.

How Asbestos Causes Mesothelioma

Mesothelioma cancer develops after exposure to asbestos, which most often occurs in the workplace – in industrial settings, shipyards, auto repair shops, old houses, schools and public buildings. It usually takes long-term exposure to put someone at risk, asbestos is highly toxic. Even short-term and one-time exposures are known to cause mesothelioma cancer.

Le monde économique en 2015

 
A peine les prévisions économiques pour l'année prochaine sont-elles publiées que la Société Générale prend tout le monde par surprise en publiant son Panorama économique pour 2015.
Précision…Il ne s'agit pas d'une erreur de topographie.
L'économiste Kit Juckes s'est prêté à un exercice bien connu, essayer t'anticiper l'avenir à partir des données du présent, avec toutes les approximations que cela peut impliquer.
La question de départ de l'économiste est de savoir si les marchés financiers vont continuer sur leur envolée sous l'effet de la reprise économique mondiale ou bien la fin de mesures d'assouplissement des banques centrales occidentales va-t-elle provoquer une nouvelle crise. Une problématique qui est évoquée à maintes reprises par les économistes depuis le début de la crise tant on sait que les programmes extraordinaires des banques centrales ne sont pas exempts de danger.
Comme on peut l'attendre, nulle réponse définitive ne peut être apportée en l'état.
On pourra toutefois retenir de cet exercice périlleux que les attentes de 2014 devraient se confirmer en 2015. En d'autres termes, le différentiel de croissance devrait demeurer entre les Etats-Unis et la zone euro, avec pour principal signe positif pour les Américains un taux de chômage sous 6% dès la moitié de l'année 2015. Le différentiel de taux de rendements entre les obligations européennes et américaines devrait dans le même temps s'accentuer, sous l'effet immédiat du différentiel de politique monétaire. Le consensus du marché est que la BCE ne pourra pas rester inactive en 2014 face à une croissance moribonde, ce qui va se traduire par de nouvelles mesures de soutien. Au minimum une troisième édition du LTRO.
2015 devrait, au niveau du marché des changes, conforter encore plus l'avance du dollar américain face aux autres monnaies, sous l'effet du renforcement macroéconomique et d'une politique américaine de moins en moins accommodante. Dans le même temps, la tendance à l'affaiblissement du yen, déjà perceptible, va s'accentuer selon ces prévisions avec une paire USDJPY qui pourrait même atteindre 120 yens en 2015.
Sur une note moins sérieuse, Juckes prévoit également que ce sera l'Allemagne qui va remporter la Coupe du Monde de Football qui se déroulera au Brésil en 2014.
Avec tout le recul nécessaire pour un tel exercice, les prévisions de l'économiste de la Société Générale ont de fortes chances de se réaliser. Avec un bémol pour l'USDJPY. En effet, c'est parier que le gouvernement japonais laissera le yen s'affaiblir autant ce qui, en l'état actuel des choses, semble un raisonnement prématuré. Le niveau de 110 yens pour un dollar est présenté comme idéal par Tokyo, une baisse plus forte pourrait déséquilibrer fortement la balance commerciale.
Une chose est certaine, le dollar américain devrait profiter de l'amélioration de la conjoncture dans les mois et les années à venir mais le risque demeure d'un rebond de la crise si les banques centrales, et surtout la FED, ne parviennent pas à maîtriser le retour à une politique monétaire conventionnelle.

La semaine du forex: Les marchés enfin orientés avant les fêtes!

 
Cette semaine, la prudence était de mise sur le marché des devises avant la réunion de la Réserve fédérale et la publication de nombreux indicateurs économiques a ensuite rythmé les cours.
Outre-Atlantique, la tant attendue réunion de politique monétaire de la Fed s’est tenue mardi et mercredi et à son issue, les investisseurs forex étaient soulagés d’apprendre que la décision était en faveur d’un resserrement du QE. La réduction du montant des rachats d’actifs se mesure entre 75 et 85 milliards de dollars. En cette fin d’année, la reprise économique se confirme aux Etats-Unis. Les publications économiques était plutôt mitigées de ce côté de l’Atlantique. La production industrielle publiée lundi a progressé de 1.1% en novembre. Jeudi, les inscriptions hebdomadaires au chômage ont grandement surpris les investisseurs forex. Au lendemain de l’annonce du resserrement de politique monétaire, les chiffres ont augmenté et inquiété les cambistes. Cet après-midi heureusement, le PIB américain est ressorti en hausse de 4.1% pour le troisième trimestre 2013.
En zone euro, les indicateurs économiques de la semaine ont apaisé les tensions des cambistes. C’est l’Allemagne surtout qui a rassuré en affichant lundi un PMI manufacturier en hausse à 54.2, contre un précédent à 52.7. L’indice ZEW a dès mardi conforté le sentiment de certains cambistes car l’indicateur du climat économique en Allemagne a atteint son plus haut en 7 ans. Les marchés sont restés tout de même divisés face aux chiffres décevants publiés cette semaine. En effet, l’excédent commercial de la zone euro est ressorti lundi en hausse à 17.2 milliards en octobre. Mardi, les prix à la consommation ont progressé à 0.9% pour le mois de novembre. La confiance des consommateurs en zone euro sera publiée cet après-midi et le chiffre ne devrait surprendre personne.
Au Royaume-Uni, de nombreuses statistiques ont interrompu la stabilité des paires en livre. Le pays a profité cette semaine d’un taux de chômage trimestriel en baisse puisqu’il s’est affiché mercredi à 7.4% pour le troisième trimestre 2013, contre un précédent à 7.6%. Les prix à la consommation ont aussi reculé pour s’afficher à 2.1% contre un consensus à 2.2%. C’est surtout le PIB britannique qui était très attendu outre-Manche. Ce matin, le pays a affiché un PIB en hausse de 0.8% au troisième trimestre.
A l’approche des fêtes, les volumes diminuent et la volatilité sera donc importante sur le marché des devises !
Analyse technique:
EURUSD: La paire a enregistré un recul hebdomadaire de 0.64%. Alors qu’elle a entamé sa semaine par un mouvement haussier, portée par l’aversion des investisseurs pour le risque à l’approche des minutes du FOMC, la réunion de la Fed a très vite inversé la tendance. Les cours ont fluctué cette semaine entre un plus bas à 1.3625 enregistré aujourd’hui et un plus haut affiché mercredi à 1.3812. La position des investisseurs est à présent claire. Les marchés sont à la fois rassurés par la conjoncture économique américaine et inquiets par le manque de vigueur européen. Le sentiment devrait continuer à soutenir le mouvement baissier de la paire phare de la semaine.
USDJPY: La paire a progressé de 1.22% cette semaine, fluctuant entre un plus bas enregistré mardi à 102.49 et un plus haut affiché aujourd’hui à 104.58. Le discours de Ben Bernanke a fortement impacté les cours de la paire qui continue sa progression. Avec le renforcement du billet vert et la politique monétaire accommodante du Japon, la tendance devrait se poursuivre.
GBPUSD: La paire a progressé de 0.29% cette semaine, fluctuant entre un plus bas à 1.6218 affiché mardi et un plus haut à 1.6486 atteint mercredi. Les cours ont évolué au rythme des publications économiques de la semaine, aussi nombreuses du côté britannique que du côté américain.

Le monde éco & forex le 23 décembre 2013

 
En cette semaine de Noël, nous anticipons un regain important de volatilité et une baisse des volumes dans de grandes proportions. En toile de fond peu d'annonces économiques. Aujourd'hui, les chiffres de l'inflation et des dépenses personnelles aux Etats-Unis seront les principaux indicateurs de ce début de semaine.
Dans la foulée des ventes au détail solides de novembre, les dépenses personnelles devraient augmenter de 0.5% en mensuel. L'inflation, mesurée par le PCE deflator, est attendue en progression mensuelle de seulement 0.1%.
A noter pour les cambistes qui sont encore sur le marché en ce jour que le core PCE deflator est considérée comme l'un des indicateurs privilégiés de la banque centrale américaine pour mesure la hausse du niveau général des prix. Dans sa dernière déclaration en tant que président de l'institution, Ben Bernanke a rappelé la semaine dernière que la FED va surveiller de près le niveau de l'inflation et influer sur les attentes des agents économiques pour atteindre une progression annuelle proche de 2%. En l'état actuel des choses, le taux annuel devrait rester compris entre 1% et 1.2%. C'est un niveau qui reste encore faible par rapport à l'objectif affiche de la banque centrale mais celle-ci n'anticipe un retour dans les bornes de la hausse des prix qu'à l'horizon 2015.
Outre l'actualité américaine qui va dominer la séance européenne, le marché des changes attend le chiffre du taux de chômage en Norvège qui est susceptible de connaître une faible progression, à un niveau de 3.5% en octobre, ce qui est toujours considéré par les économistes comme le plein emploi. La hausse du nombre de chômeurs devrait se concentrer selon nos prévisions dans deux secteurs importants de l'économie, la construction et la vente au détail. Toutefois, l'horizon économique norvégien reste largement positif, surtout en comparaison avec la situation des autres pays du continent européen.
L'orientation du forex demeure, enfin, difficile à cerner. En ce début de séance, les cambistes osent peu prendre des risques. Vendredi dernier, l'euro avait profité de prises de bénéfices sur le dollar américain pour finir dans le vert mais, en cette semaine particulière, une évolution en range est privilégiée. En l'absence de direction claire.
Le yen japonais reste la devise en revanche à surveiller en cette fin d'année puisqu'elle a atteint lors des dernières séances un plus bas de cinq ans face à l'USD, la devise américaine profitant de la nouvelle politique monétaire américaine. L'évolution baissière du yen devrait être confirmée dans les prochains jours. Nous annoncions un niveau de fin d'année autour de 103, il est largement dépassé puisque la paire se rapproche de 105 à condition de réussir son passage au-dessus de la résistance à 104.50.
De manière générale, le dollar américain a souffert à cause d'un positionnement technique des investisseurs mais l'évolution forex actuelle ne remet aucunement en cause le fait que l'année 2014 soit globalement favorable à une progression substantielle du dollar.

Le chiffre forex du jour: +5.2%

 
C'est la performance depuis six mois de la livre sterling selon Bloomberg qui évalue la hausse de la devise de Sa Majesté face à un panier comprenant les dix monnaies les plus échangées au monde.
Toujours selon Bloomberg, la livre sterling apparait comme l'une des devises qui a le plus augmenté au cours des derniers mois, essentiellement grâce à de bons fondamentaux. Arrive ensuite l'euro avec +3.5% tandis que le dollar a chuté de -1.5%, certainement un mauvais pas quand on regarde la trajectoire haussière récente de l'USD.
La devise de Sa Majesté a continué sa progression dans les échanges européens aujourd'hui, juste avant Noël, aidée par les commentaires d'Andrew Bailey, membre de la Banque d'Angleterre. Il a affirmé à la presse que la banque centrale pourrait être incitée à prendre de nouvelles mesures pour limiter l'appréciation trop rapide des prix immobiliers dans le pays. Sous-entendu, la hausse des taux d'intérêt pourrait se produire plus rapidement que prévu par les cambistes.
Cette hypothèse est par ailleurs confirmée par de récents indicateurs macroéconomiques, le plus significatif étant certainement le taux de chômage qui a chuté à un plus bas depuis près de quatre ans et demi.
Les deux stars de l'année 2014 sur le marché des changes risquent fortement d'être le dollar américain et la livre sterling à en juger par les fondamentaux économiques et les orientations techniques des dernières semaines.
 

Les trois annonces économiques essentielles du jour

 
En cette veille de Noël, l'actualité économique est encore assez dense. Tout au moins au niveau des Etats-Unis. Voici ce qu'il ne faudra pas rater cet après-midi si vous êtes sur le marché des changes.
Les commandes de biens durables constituent l'annonce essentielle du jour. Le consensus des économistes se situe à +1.8% avec une progression de +0.7% si on prend en considération les commandes de biens durables non militaires, à l'exclusion des avions. On note sur le mois une forte progression des commandes dans le domaine de l'aéronautique, une tendance qui est perceptible sur la moyenne durée. La bonne nouvelle est que les économistes s'attendent à une hausse globale plus ferme à partir de 2014 des commandes de biens durables non militaires, jugement qui est établi à partir des dernières enquêtes concernant la confiance des entreprises. En temps normal, cet indicateur macroéconomique serait susceptible de soutenir le dollar américain.
Un nouveau chiffre du secteur immobilier est également attendu pour novembre, en l'occurrence les ventes de nouveaux logements, avec un consensus à -0.9% pour un rythme annualisé qui serait à 440.000. Cette baisse serait la conséquence de la forte hausse du mois d'octobre. Simple ajustement qui ne remet pas en cause l'amélioration de la conjoncture immobilière américaine depuis le début de l'année.
Enfin, l'indicateur manufacturier de la FED de Richmond permettra aux cambistes d'affiner le panorama économique américain. L'indice régional est attendu en recul à 10 en décembre contre 13 en novembre. Ce recul est le reflet d'un mouvement plus global de ralentissement qui a été observé notamment dans la région de New York ou dans celle de Philadelphie. Etant donné l'impact habituel de cet indicateur, le marché des changes devrait peu réagir.
Nonobstant quelques signes de ralentissement, l'économie américaine affiche de meilleurs fondamentaux en décembre qu'il y a un an et la révision à la hausse en début de semaine par le FMI des prévisions de croissance américaine conforte le scénario d'une reprise solide. Contrairement à la zone euro. Lorsque les volumes auront repris leur niveau habituel à partir de la deuxième semaine de janvier, le dollar américain devrait largement conforter son avance sur le forex.

Le dollar pénalisé par les stratégies d'investissement de fin d'année

 
• Le dollar américain en recul face à toutes les monnaies
• Orientation haussière pour le real brésilien et le dollar canadien
• L'agenda économique dominé par les Etats-Unis cet après-midi
Dans les échanges européens et américains hier, le dollar américain a connu une trajectoire plutôt à la baisse face à la quasi-totalité des autres monnaies après une semaine passée marquée par un renforcement de la devise. Le processus de tapering de la Réserve Fédérale américaine et les prévisions économiques solides pour 2014 y sont pour beaucoup.
Cependant, en cette fin d'année, le marché des changes ne croient pas que le billet vert ait un potentiel de hausse encore important avant l'an prochain, c'est pourquoi les cambistes prennent leurs bénéfices. Le recul actuel n'est que passager et n'exclut pas un rebond même plus tôt que prévu.
Le fait que le Fonds Monétaire International (FMI) ait revu à la hausse les prévisions de croissance américaine pour 2014 constitue un signal haussier de moyen / long terme pour le dollar américain qui ne sera pas à négliger dans les stratégies d'investissement à appliquer en début d'année. Derrière cela, une thématique qui devrait être récurrente en 2014: le différentiel de croissance et de taux d'intérêt entre les deux bords de l'Atlantique.
Les principaux gagnants de la séance d'hier sont le dollar canadien (CAD) et le real brésilien (BRL) qui capitalisent sur des informations de la semaine dernière. Le dollar canadien a affiché sa troisième séance consécutive de hausse après qu'un rapport économique ait montré une solide croissance tirée non seulement par le secteur manufacturier mais également par les ventes au détail. La paire USDCAD a fini hier autour de 1.0585 à la fin de la session européenne.
De son côté, le BRL profite pour le moment de rumeurs concernant une probable intervention de la banque centrale, sous une nouvelle forme, afin de mettre un terme à la dépréciation entamée au début de l'été dernier. Le potentiel de baisse reste cependant limité à court terme pour le real brésilien si on s'en tient uniquement à l'analyse technique. La monnaie pourrait être aidée à moyen terme par une hausse du taux directeur de la banque centrale en raison d'une inflation qui reste élevée. Elle pourrait atteindre quasiment 6% (5.97%) en 2014.
Enfin, la volatilité était bien-sûr la donnée la plus importante pour comprendre les fluctuations en intraday des paires de devises. Elle le rester encore aujourd'hui et dans les prochains jours. L'indice de volatilité forex développé par la banque JPMorgan Chase a connu une nouvelle progression à 8.43% hier soit son plus haut niveau depuis le 17 décembre. Le phénomène est amené à s'amplifier assez logiquement du fait de la baisse des volumes.
Au niveau de l'agenda économique de ce mardi, veille de Noël, l'orientation sera encore donnée par les Etats-Unis avec notamment la publication des ventes au détail, prévues en hausse. En revanche, un déclin est annoncé par le consensus en ce qui concerne l'indice manufacturier de la FED de Richmond et les ventes de logements neufs en novembre. Confirmé, ce déclin ne constituera en aucune façon un signe d'inquiétudes pour le marché des changes.