POLITICA DE RUSIA: Policía rusa detiene a más de 250 manifestantes en segundo día de disturbios tras elecciones

El gobierno desplegó unidades especiales del Ministerio del Interior en distintos puntos de Moscú, varios políticos opositores y activistas fueron arrestados.

 06/12/2011 - 17:01

RELACIONADOS

- Moscú tacha de inaceptables declaraciones de Clinton sobre comicios rusos

Por segundo día consecutivo la policía dispersó manifestaciones de opositores celebradas en Moscú y otras ciudades en protesta por las polémicas elecciones parlamentarias, rodeadas de numerosas denuncias de fraude.

Los efectivos detuvieron a más de 250 personas y muchos activistas denunciaron violencia y represión. En la capital fueron detenidos entre otros el ex viceprimer ministro Boris Nemzov y el político opositor Serguei Mitrojin del partido liberal Yabloko, así como periodistas y defensores de los derechos humanos. También en San Petersburgo se produjeron decenas de arrestos, según reportó el portal crítico del Kremlin kasparov.ru.

"El pueblo no cree a Putin", gritaban los manifestantes durante las protestas no autorizadas en la capital rusa, en las que el defensor de los derechos civiles Oleg Orlov acusó a la policía de actuar con violencia "desmedida".

El gobierno desplegó unidades especiales del Ministerio del Interior en lugares destacados de Moscú, como por ejemplo la Duma Estatal (Parlamento), mientras a varios activistas opositores se les impusieron arrestos de varios días por supuesta resistencia a la autoridad.

Entre otros fue condenado a 15 días de detención el bloguero Alexei Navalny, un abogado considerado posible candidato presidencial. Anche salieron a la calle más de 6.000 personas en una manifestación autorizada, al final de la cual se produjeron unas 300 detenciones.

El jefe del Kremlin, Dmitri Medvedev, rechazó las críticas a las elecciones, en las que el partido gobernante Rusia Unida resultó ganador. Durante una reunión con el presidente de la comisión electoral, Vladimir Churov, consideró que es competencia del gobierno ruso y no de observadores internacionales sacar conclusiones sobre posibles deficiencias registradas durante la cita ante las unas.

"Lo próximo que harán será decirnos cómo tiene que ser nuestra Constitución", dijo el presidente ruso.

En reacción a las protestas en las calles, el premier, Vladimir Putin, instó a Rusia Unida a abordar los problemas de la población y evitar las violaciones de los derechos humanos.

Según la agencia Interfax, Putin anunció una renovación del aparato de poder para después de las elecciones presidenciales del 4 de marzo, a las que se presenta como candidato. En el caso de una victoria, el político pretende intercambiar su puesto de primer ministro con Medvedev.

"Naturalmente habrá deliberaciones serias y profundas a la hora de formar gobierno", dijo Putin, quien pese a que es presidente de Rusia Unida no es miembro del partido. "Se debe reaccionar de la manera más rotunda contra todo lo que tenga que ver con la violación de los derechos de las personas", añadió el jefe de gobierno.

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Moscú tacha de inaceptables declaraciones de Clinton sobre comicios rusos

El Parlamento y la Comisión Electoral fustigaron a la secretaria de Estado de EEUU, quien dijo que las elecciones no fueron "ni libres ni justas".

06/12/2011

BUEN RESULTADO PARA PUTIN

En medio de los cuestionamientos externos y las protestas opositoras en Moscú, el primer ministro ruso, Vladimir Putin, afirmó hoy que la formación oficialista Rusia Unida (RU), que él lidera, obtuvo un "buen resultado en las actuales condiciones", en los comicios parlamentarios.

Habló de una "mayoría estable" y reconoció que hubo pérdidas, pero que "son inevitables para cualquier fuerza política, más aún para una que tiene durante varios años la responsabilidad por la situación en el país".

RU recibió casi 15 millones de votos menos que hace cuatro años, por lo que verá reducida en 77 diputados su representación parlamentaria, con la consiguiente pérdida de la mayoría constitucional de dos tercios. Para Putin su partido debe reaccionar con celeridad a los problemas de los ciudadanos y luchar contra la corrupción, sin hacer caso de los clichés.

"Se trata de clichés que no se refieren a un partido político concreto. Dicen que el partido en el poder es una formación vinculada al robo y la corrupción. ¿Y si recordamos quiénes estuvieron en el poder en tiempos soviéticos? A todos ellos los llamaban ladrones y corruptos", dijo.

Las oposición radical ha bautizado Rusia Unida como el "partido de sinvergüenzas y ladrones", término que ha calado en otros sectores opositores, que han sido unánimes en denunciar graves irregularidades en los comicios.

Rusia fustigó hoy y calificó de inaceptables las declaraciones de la secretaria de Estado de EEUU, Hillary Clinton, quien dijo que las elecciones parlamentarias rusas del domingo no fueron "ni libres ni justas".

"Las declaraciones de Clinton son absolutamente inaceptables. Tales conclusiones (sobre fraude electoral) no las hubo ni de cerca en los informes de los observadores internacionales", dijo Konstantin Kosachov, jefe del comité de Relaciones Exteriores de la Duma, citado por la agencia Interfax.

A juicio de Kosachov "esta es una de las páginas más negras en la historia de las relaciones ruso-estadounidenses a lo largo de los últimos años que transcurrieron en el clima del reinicio".

Por su parte, Nikolai Konkin, secretario de la Comisión Electoral Central (CEC) de Rusia, recurrió a la ironía al aconsejarle a Clinton que se dedique a las próximas elecciones en EEUU. Mejor que Clinton se centre en sus elecciones", dijo el funcionario ruso.

Pese a los argumentos de los rusos, la misión de observadores internacionales de la OSCE y la Asamblea Parlamentaria del Consejo de Europa (PACE) denunció ayer numerosas irregularidades durante el escrutinio de las elecciones parlamentarias en Rusia.

"La calidad del proceso electoral se deterioró considerablemente durante el escrutinio, que se caracterizó por frecuentes violaciones de procedimiento y casos de aparente manipulación, incluidos indicios graves de introducción masiva de papeletas en las urnas", señala el informe de los observadores internacionales.

En opinión de Clinton, que participó hoy en la reunión de la OSCE en Lituania, "las elecciones que no son ni libres ni justas" menoscaban la confianza de la ciudadanía en sus instituciones.

LATIN AMERICAN REPORT: Hugo Chavez touts new Latin American, Caribbean bloc ahead of summit in Venezuela

Brazil’s President Dilma Rousseff, left, looks at Venezuela’s President Hugo Chavez …

CARACAS, Venezuela - What if they threw a giant party for the Americas and didn't invite the United States or Canada? That's what Venezuelan President Hugo Chavez is doing with a two-day, 33-nation summit starting Friday, welcoming nations from Brazil to Jamaica in what he hopes will be a grand alliance to counter U.S. influence.

Many presidents have less sweeping goals in mind, seeing the new Community of Latin American and Caribbean States mainly as a forum for resolving regional conflicts, building closer ties and promoting economic development.

Yet the bloc's creation is also a sign that for many countries, the United States is no longer seen as an essential diplomatic player in regional affairs.

"The U.S. has lost an awful lot of space in the region, even though it's still the most important, the most powerful country in the region," said Eduardo Gamarra, a Latin American politics professor at Florida International University in Miami. Still, he said, it's unclear whether the region's governments are truly committed to forming a close alliance that brings together Latin America in ways that offset U.S. power.

Chavez, who sells the largest share of Venezuela's oil to the United States, is urging the region to assert its independence, noting it was once a dream of 19th century independence hero Simon Bolivar to unify Latin American nations. Lampposts in Caracas are now festooned with banners picturing independence leaders ranging from Bolivar to Cuba's Jose Marti, along with the slogan "the path of our Liberators."

At least publicly, though, only some of Chavez's closest allies seem to share his interests in creating alternatives to established bodies such as the Washington-based Organization of American States, which includes every nation in the Americas except Cuba among its active members.

Nor are the region's leaders likely to agree with Chavez in creating organizations to replace those he strongly criticizes, such as the Inter-American Court of Human Rights and the World Bank.

The new group, known by its Spanish initials CELAC, will add one more acronym to a region with plenty of smaller organizations, including Unasur, Mercosur and the Caribbean Community. Some of Chavez's most fervent support comes from within the nine-nation, socialist-leaning Bolivarian Alternative bloc known as ALBA, which he has promoted with allies including Cuba and Nicaragua.

"This isn't aimed at becoming a new economic integration bloc nor replacing the OAS," said Maria Teresa Romero, an international studies professor at the Central University of Venezuela.

"President Chavez and others in the ALBA are using the CELAC for their political and propagandistic aims," Romero said. For Chavez, she said, it's a chance to show the outside world and Venezuelans "that he still has great international leadership" even though his influence has slipped in the past several years.

The summit's agenda as described by diplomats includes rather modest aims: approving the group's procedural rules as well as a clause dealing with democratic norms, formally launching the organization and adopting a declaration of shared principles.

At the very least, the summit will serve as Chavez's international debut after months of cancer treatment that forced him to postpone the meeting, which originally was planned in July. Many presidents, including those who differ with him, are on a personal level showing solidarity with Chavez and the cancer struggle that has left his head shaved to a fine stubble after chemotherapy.

Many presidents say the inclusion of every nation in Latin America and the Caribbean is indeed historic. Argentine Foreign Minister Hector Timerman called it a step toward unifying "a region that had been divided."

Cuba, for instance, was long suspended from the OAS, and when in 2009 the body voted to lift the suspension, President Raul Castro's communist government rejected the offer while accusing the OAS of supporting U.S. hostility toward Cuba.

Now, Cuba says the new bloc is a sign of the region's independence, a stance echoed by Chavez.

"The CELAC is being born with a new spirit," Chavez said Thursday. "As the years pass, the CELAC will leave behind the old and worn out OAS."

Chavez met separately with Argentine President Cristina Fernandez and Brazilian President Dilma Rousseff ahead of the summit.

In Washington, OAS Secretary-General Jose Miguel Insulza praised the creation of the new group, saying in a statement that he believes it will be a useful forum and that he will make contact once it is formed to discuss co-operation possibilities.

Neda Brown, a U.S. State Department spokeswoman in Washington, said there are other groups in the region that don't include the U.S. and that they "can be useful partners." She said the U.S. interacts with such groups "as an important part of helping to constructively solve problems and engage with key actors in the region."

Plans for the new organization, which grew out of the 24-nation Rio Group, have been in the works since a 2008 summit hosted by Brazilian President Luiz Inacio Lula da Silva.

Brazil, as Latin America's largest nation, will play a key role in setting the group's objectives.

Brazil's delegation is primarily concerned with examining a regional response to the global financial crisis. The region has so far weathered the turbulence better than the U.S. or Europe, recording economic growth of more than 5 per cent last year, and leaders are looking for ways to further strengthen economies by encouraging local industries and reducing imports from outside the region.

The U.S. remains the top trading partner of many countries in the region, with exceptions including Brazil and Chile, where China has become the biggest trading partner. China has also made diplomatic inroads, including by granting about $38 billion in loans to Venezuela in exchange for increasing shipments of oil.

Brazil has joined Chavez in promoting a new Bank of the South to pool funds for development financing. But that doesn't mean nations are ready to abandon the World Bank.

Mexico's undersecretary for Latin America, Ruben Beltran Guerrero, told The Associated Press that the new bloc "isn't a forum that excludes any other," but rather will complement established organizations.

Mexico and other countries also view it as a body that will, similarly to the OAS, stand up for democratic principles in a region that has seen its share of coups, most recently in Honduras in 2009. Beltran said Mexico wants the bloc to "send a very clear signal to the countries of the region that a breakdown in constitutional order brings consequences."

Chile is to assume the rotating presidency in the group's inaugural year, and its mission will include "promoting human rights and democracy," said Chilean Foreign Minister Alfredo Moreno. It will also be a forum for discussing issues ranging from counter-drug efforts to improving transportation routes, Moreno told in an email.

On a practical level, though, some analysts say the fledgling group will face many constraints.

"It's going to be underfunded. It's not going to have any enforcement mechanisms. At least that's been the history of what we've done with these multilateral organizations," Gamarra said.

He cited the example of Unasur, saying that since its 2008 founding the South American bloc has had little clout.

Chavez, in typical style, has been playing up the gathering for months. He at one point called it "the political event of the greatest importance ... in 100 years."

CANADIAN POLITICS AND LEGISLATION: Police chief says Tory omnibus crime bill needs to be part of balanced approach

December 5, 2011

Dale McFee, President of the Canadian Association of Chiefs of Police, answers questions today.

OTTAWA - An omnibus crime bill set to pass in the House of Commons today needs to be balanced by crime-prevention efforts, says the head of a major police organization.

The Canadian Association of Chiefs of Police supports the Conservatives' multi-part bill because it deals with serious crimes, said the association's president, Chief Dale McFee.

Among other things, the bill increases penalties for sexual offences against children and ends the use of house arrest for violent crimes.

"The reality is we're not going to arrest our way out of our troubles but we're not going to stop arresting," he told a news conference.

"When we're dealing with serious crime, there's quite frankly some people that need to go to jail but there's also a lot of people that early intervention and prevention will go a long ways and save lots of money and obviously be more efficient in achieving the results at that end.

"And I think, unless we do both, quite frankly, we're missing a piece."

McFee says he hopes to speak with the government about the prevention piece going forward.

The Safe Streets and Communities Act bundles together nine different bills into one sweeping piece of legislation that's been one of the more controversial pieces of the fall parliamentary session.

The Conservatives say they were handed a mandate to make Canada safer, yet the crime rate in the country is at record-low levels and a Statistics Canada study released last week says the vast majority of Canadians — 93 per cent — feel safe from crime.

Meanwhile, the Canadian Bar Association has suggested the bill is a waste of taxpayers' money that will result in bulging prisons and overload an already-heated justice system.

The provinces aren't unanimous. Quebec and Ontario are upset about the cost of implementing the new changes, while Alberta, Manitoba, New Brunswick and British Columbia say the changes are needed.

Justice Minister Rob Nicholson said he and his department continue to meet with their provincial counterparts to discuss the impact of the legislation.

"I think that’s important to get their input on — on all these initiatives and the initiatives that we’ll take forward," he said at a morning news conference.

Some victims'-rights advocates are also applauding the bill.

"We already carry a life sentence on our backs, handed to us without the privilege of neither judge nor jury," said Elizabeth Pousoulidis, president of a Quebec victims' group, who appeared with the justice minister.

"We encourage our Government of Canada, we encourage our country to continue being tough on crimes and putting the safety of its citizens, of us all, in equal importance as the right of criminals."

Opposition parties say the crime bill has been fast-tracked without proper study, and attempted to introduce 88 amendments last week. All were voted down.

Then the Conservatives were accused of being asleep at the switch, trying at the last minute to get their own amendments into the bill after rejecting similar changes at committee.

The Speaker ruled them out of order, leaving it up to the Senate to make any further changes.

Liberal MP Mark Garneau said the imminent passage of the bill marks a bad day for Canada.

"Crime bill represents the triumph of the politics of fear over intelligent and enlightened policy to reduce crime," he said on Twitter.

Nicholson said the time for talk is over.

He said the justice committee heard from over 50 witnesses and, given that some of the bills contained in the legislation have been introduced multiple times, they've been subjected to ample study.

"The time for action is now," Nicholson said. "Canadians have given us a strong mandate to build a strong, safer Canada."

The election that resulted in the Conservatives' majority was triggered by their last attempt to introduce omnibus crime legislation.

The Tories had delayed releasing the total cost of that bill, for which the Speaker found them in contempt of Parliament, setting the stage for the non-confidence motion which toppled their minority government.



...

INTERNATIONAL MINING: Ecuador's Correa says mining contracts "within days"

Ecuador's Correa says mining contracts "within days"

Thu, Nov 24 16:02 PM EST

* Two miners set to invest $3 bln in copper, gold projects in Ecuador

* Miners have agreed to gov't demands- top mining official


QUITO, Nov 24 - Ecuador's President Rafael

Correa said on Thursday his government is "within days" of

signing contracts with mining companies set to develop large

copper and gold projects in the mineral-rich Andean nation.



Deputy Mining Minister Federico Auquilla told Reuters

earlier this week that Canadian-listed Kinross Gold Corp and Ecuacorriente would soon sign contracts

for two projects worth $3 billion in total.



The negotiations have been long and difficult, in part

because the government was asking companies to pay an 8

percent royalty share, whereas miners were offering 6

percent.



"We're negotiating the contracts very hard ... They will

be signed in the next few days," said leftist leader Correa,

who has also renegotiated part of Ecuador's foreign debt and

oil exploration contracts with foreign companies.



The government is demanding advance payments on royalties

before the miners start extracting, the president added in

comments on local radio.



The extra income from advance royalty payments would be

used for social projects, including schools and roads, Correa

said. In power since 2007, he has made resource nationalism a

centerpiece of his policies and may run for another term in an

election due in January 2013.



Kinross plans to develop Ecuador's largest gold project,

Fruta del Norte, while Ecuacorriente - an affiliate of

Canada's Corriente Resources - will work on the Mirador copper

mine.



ROYALTY NOT YET DETERMINED



Correa did not say how much royalty the miners would be

paying, but mining sources familiar with the negotiations say

the final percentage will likely be closer to the figure

demanded by the government.



"Mining companies have agreed to the demands of the

Ecuadorean state and we're completely satisfied," said

Auquilla, the government's top mining official, during the

same radio show.



Correa has had a tumultuous relationship with foreign

investors throughout his rule, revising oil contracts to

better favor the government and defaulting on the nation's

debt.



He is striving to diversify the Ecuadorean economy from

crude exports, and he has taken a softer approach to investors

planning to develop mines than the oil companies with large

investments in the OPEC member country.



Ecuador has a nascent mining industry. Some larger

projects were initially delayed as Correa's government

tightened regulations for the sector.



Ecuador is also negotiating contracts with International

Minerals over its Rio Blanco gold-silver project,

with Ecuacorriente over its Panantza-San Carlos copper deposit

and with IAMGold , which plans to develop the

Quimsacocha gold-copper-silver mine.



High oil prices have allowed Correa to increase social

spending this year, which has fueled economic growth and

boosted his popularity among the majority poor.

China Resource Conference on December 9th and 10th 2011 at the Sheraton Shenzhen Futian Hotel: Canadian Trade Mission

We cordially invite you to an upcoming trade mission to China. We are looking at organizing a delegation of 10 to 12 people from the mining and financial sector to attend the event and plan to leave on December 6th and return on the 13th 2011. With this trade mission we will attend the China Resource Conference on December 9th and 10th 2011 at the Sheraton Shenzhen Futian Hotel. The event is expected to attract 2,000 participants and 80 exhibitors. This trade mission is organized by former M.P. Honorable Bryon Wilfert and Ivy Lee President of Modesty Group Inc. Ivy is the Global Chinese Financial Forum Toronto Event Partner. The Global Chinese Financial forum is known as GCFF and owned by the NAI Interactive Ltd.


For more information please read the enclosed attachment. I look forward to hearing from you soon.

Best Regards!



Modesty Group Inc.


3621 Highway 7 East, Suite 120, Markham, Ontario. L3R 0G6 Tel: 905-513-7939 Email: ivy@ivylee.ca





Dear Carlos:



We cordially invite you to an upcoming trade mission to China. We are looking at organizing a delegation of 10 to 12 people from the mining and financial sector to attend the event and plan to leave on December 6th and return on the 13th 2011. With this trade mission we will attend the China Resource Conference on December 9th and 10th 2011 at the Sheraton Shenzhen Futian Hotel. The event is expected to attract 2,000 participants and 80 exhibitors. This trade mission is organized by former M.P. Honorable Bryon Wilfert and Ivy Lee President of Modesty Group Inc. Ivy is the Global Chinese Financial Forum Toronto Event Partner. The Global Chinese Financial forum is known as GCFF and owned by the NAI Interactive Ltd.



NAI Interactive Ltd. (NAI), established in 1998, is a leading solution provider for fast growing public companies trading on the North American Exchange Markets. Being a major subsidiary of ChineseWorldNet.com Inc. (CWN), NAI represents a communication bridge between public companies and Chinese investors, allowing them to develop working relationships and form functional networks through our unique platform.



We are working with the Chinese embassy to arrange a meeting with the mayor of Shenzhen and government officials, as well as the members of the National People’s Congress and local business leaders. This will allow the Canadian delegates the opportunity to explore and network with China’s many large business owners and investors. Due to the current and upcoming market trends, mining resources, renewable energy, bank, finance, and real estate investment will be the focus of our mission. The series of tours, seminars, and networking events are to encourage the interexchange of ideas, business opportunities, and culture between Canada and China.



The cost of this trade mission per organization representative is $5,350 CDN. The fee includes airfare, hotel, China Resource Conference Seminar admission fees, sightseeing, local transportation, and networking luncheons and dinners.

The China Resource Conference Seminar will have a Canadian Pavilion for the delegates, if you are interested in purchasing an individual booth, the cost is $6,500. Another option is to share an exhibition space with other companies for $1,200 per organization.

• The deadline for the mission is November 1st, 2011. Make check payable to Modesty Group Inc.

• We need a personal bio of yourself and company of 100-120 words. Also include your personal portrait or company logo.

• Have your China visa permit ten days prior departure. If you require us to guide you in applying for this visa, we are more than happy to help.

• Please advise us if you have any dietary problems.

• For your health safety, we recommend that you consult your doctor to determine which vaccines you should consider administering before departure.

• There will be a meeting ten days prior to departure.

• 50% deposit is required refundable up to 20 days before departure. No refunds after Nov. 12th 2011



If you are interested or have any questions, please feel free to contact either one of us:

The Hon. Bryon Wilfert (Privy Council) Ivy Lee,

President of Wilfert & Associates Inc. President of Modesty Group Inc.

Phone: (416) 409-9930 Phone: (905) 513-7939

Email: b.wilfert@rogers.com Email: ivy@ivylee.ca

Modesty Group Inc.

3621 Highway 7 East, Suite 120, Markham, Ontario. L3R 0G6 Tel: 905-513-7939 Email: ivy@ivylee.ca



China Trade Mission Application Form



1. Company Name: ______________________________________________________________________________

2. Please complete the following information for all participants.

Name: ________________________________________________________________________________________ Address: _______________________________________ City: _________________________________________

Province: _______________________________________ Postal Code: __________________________________

Phone: ___________________________Fax: _____________________ Email: _____________________________



3. Please identify your industry sectors and principal lines of business:

Industry Sector (s): ______________________________________________________________________________ Principal Lines of Business: _______________________________________________________________________



4. Number of Employees: __________________________________________________________________________

5. Does your company have any international business experience? Yes 􀀀 No 􀀀

If yes, please list the countries to which you have business with and the approximate amount dollars value of business.

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

6. Has your company previously participated in a trade mission? Yes 􀀀 No 􀀀

7. Please describe the nature of your business as it relates to your desired goals on the trade mission:

_____________________________________________________________________________________________

8. Please give your objectives in this trade mission:

a) Finding a sales representative: _________________________________________________________________

b) Finding licensees: ___________________________________________________________________________

c) Finding investment: _________________________________________________________________________

d) Exposure to new Business prospects: ___________________________________________________________

e) Immediate sales: ____________________________________________________________________________

f) Product testing/market research: ______________________________________________________________

g) Government meetings: _______________________________________________________________________

h) Other : ____________________________________________________________________________________

Modesty Group Inc.

3621 Highway 7 East, Suite 120, Markham, Ontario. L3R 0G6 Tel: 905-513-7939 Email: ivy@ivylee.ca





9. Please provide any additional information that you feel is relevant to this trade mission. ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

10. The full cost amount is due within ten days from the approval of your application.

11. I acknowledge that the above information is to the best of my knowledge true complete and correct:

Company:



The Hon. Bryon Wilfert (Privy Council) President of Modesty Group Inc.

President of Wilfert & Associates Inc. 3621 Highway 7 East, Suite 120, Markham, ON L3R 0G6

Phone: (416) 409-9930 Phone: (905) 513-7939

Email: b.wilfert@rogers.com Email: ivy@ivylee.ca









Participant’s Signature

______________________________


















Modesty Group Inc.

3621 Highway 7 East, Suite 120, Markham, Ontario. L3R 0G6 Tel: 905-513-7939 Email: ivy@ivylee.ca


China Trade Mission Application

Supplemental form for secretarial Trade Mission
1. Please provide the following personal information, which will not be used as selection criteria, but rather sill be used for the purpose of a security screening should you be selected to participate on a trade mission led by the secretary of commerce:

a. Date of birth of participant : _______________________________ Place of birth: _______________________

b. Social security number of participant (optional): __________________________________________________

c. Passport number of participant: _______________________________________________________________

Issuing country: _____________________________________________________________________________

Date of issue: ____________________________________________Date of expire: _____________________

2. Please provide the type of business entity and state of registration for the applicant’s company.

3. Please attach biography and a one-page company description which describes the Company’s/Participant’s experience in the trade mission country/countries. Please note that this information may be used for the purpose of publicizing the trade mission and its participants.

Participant’s Signature

______________________________



Toronto, November 9, 2011

Dear partners and associates:

Good afternoon.

We have direct access up to 10,000 MT of copper tonnes avaialble monthly from Chile, but we need to act fast. Please check with Final Burner for copper cathodes. Copper concentrates can be sold through brokers, but not copper cathodes.

The window offers, in particular with regard to the copper cathodes, is prompt to close this month, to thus achieve such shipments can be performed between March-June of 2012. Otherwise any future transaction embark will be in 2013. It does not escape your attention the fact that we are talking about a market, in which the supply is quite limited and difficult to obtain, which is backed by high copper prices. Furthermore, as you can understand this is not a one off operation, but is a permanent procedure which we have access, by agreement and knowledge with the representatives of the producers.















--



Ivy Lee
President , Global Connexions Division of Modesty Group Inc.

Director of Malaysian Association of Canada

Director/VP Publication of York Region Parent Association

Founding President of Chinese Canadian Liberal Association

Director/Treasurer/PR & Event Management of Trade & Investment Services Alliance Network

3621 Highway 7 East. Suite120,

Markham, Ontario. L3R 0G6

Tel: 905-513-7939

Email: ivy@ivylee.ca

Website: http://www.ivylee.ca/
 

GLOBAL ECONOMY: The New Era – China and the IPO

15th November 2011


FROM THE DESK OF THE CHAIRMAN

The ability to differentiate between the really strong companies and those just riding the wave in the China Markets is crucial, as illustrated in a report titled “What’s Wrong With Chinese IPOs?” Last year, the debuts of companies like E-Commerce China Dangdang and Youku . com on U.S. exchanges were a signal of how hot the market for Chinese stocks has become.

The IPO research found that an investor who bought all 68 U.S.-listed China initial public offerings from 2008 through mid-June would have seen an average loss of 24%, compared with an average return of 25% on non-Chinese IPOs. The lesson – and an apt one as social media companies like LinkedIn and Groupon come to market – is that buying on a theme like China’s rapid economic growth, without delving into the nitty-gritty of the particular business, is a dangerous game.



The report also highlights recent fraud investigations of Chinese companies like Longtop Financial, which has certainly given the market a black eye. It isn't just inexperienced investors who have gotten lured into the maze either. Billionaire John Paulson’s hedge fund recently disclosed it had exited its position in Sino Forest – with a loss of some $750 million – after that company became embroiled in fraud allegations.



Part of the reason many of these companies are under the microscope is that any sizzling market will attract bad actors, but it is also a reflection of the changing nature of the types of Chinese companies listing in the U.S. Once the domain of old-school manufacturing operations and state privatizations like China Telecom and PetroChina, the U.S. market for Chinese companies is now a home for online businesses like Baidu or companies tied into the evolution of the country’s consumers like Ctrip.com and hotel chain Home Inns. (See “In New Crop Of Chinese IPOs Is There Another Baidu?” and “YouTube, Amazon Of China Make Big Debut In New York.”)



At the same time, the maturation of Hong Kong’s stock exchange has served two purposes “It showed…that the PRC did not need the U.S. capital markets to raise vast amounts of money and it provided a convenient way for the government to dispose of privatizations in which U.S. investors had limited interest.” Slower-growing businesses have listed in Hong Kong, while growth companies head for U.S. markets.



The confluence of factors – an appetite for fast-growing businesses in the U.S. and a desire by Chinese companies to raise boatloads of capital – has been the force behind some of the murkiness in the U.S. market, as sloppy financial reporting proliferates. “A number of Chinese companies had only recently hired a CFO and supporting staff,”



Long-term, Chinese companies have a valuable place in the U.S. equity markets, but must meet certain standards. It’s hard to argue with the stance that “investors are entirely legitimate in demanding full disclosure, candor and confidence that information will be disclosed in a timely and appropriate manner.”



Highlighting the challenges in the market is not an indictment of all Chinese companies listed in the U.S., we make clear. In fact, some understand the concepts well, particularly not making unreasonable assumptions about growth to juice valuations and providing clear financial statements audited by a major financial firm.



Unfortunately, until the number of Chinese companies with questionable reporting become exceedingly rare, the bad will continue to mar the reputation of many of the good.



Kind regards





Colin Archer

Chairman

APEC International Investment Group Limited



5th Floor EDGECLIFF CENTRE

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