Russia World Cup
BURSA 13.07.2018

Dan Nicolaie (translated by Cosmin Ghidovean)
mărește imaginea
     The final tournament of the World Football Cup will end with a gala representation, the duel between Croatia and France. France, the with the most expensive players in the tournament, has met the expectations, Croatia is the biggest surprise the of the competition.
     The French are coming in after a 20 year hiatus, and for the Croatians this is their first time. In theory France is the leading favorite, but in practice it is hard to anticipate the Croatians' evolution, as they have demonstrated outstanding resilience, as they have been successful in enduring three consecutive matches with extensions. If they succeed in recovering in such a short time, the game gets played, if not, France can't lose.
     Having already lost another final, coach Didier Deschamps won't accept defeat this time: "It is a truly remarkable achievement. I am truly happy for my players. They are young, but they've had ambition, the character and the mentality of winners. I take my hat off to them and my entire staff. The game belongs to the players and we are in the final of the World Cup thanks to those who have been on the field. We have not yet digested what has happened two years ago (ed. note: the Euro 2016 final lost to Portugal), those things are still fresh in our minds. It was painful. And so we are going to see, quietly, how we are going to approach this final. My players are young, but they have a strong mind. They have experience, they are very competitive and they have made a lot of progress. They have demonstrated that in the match with Belgium. They were prepared for any kind of scenario and for any situation that the opponent would have placed them in. We have prepared the game well". "We are in the final. Rendez-vous Sunday to win it", French president Emmanuel Macron wrote on Twitter. He will be meeting his Russian peer, Vladimir Putin before the final, the Elysee palace has announced. The meeting was set on Tuesday night, in a short phone call between the two leaders, after the end of the France-Belgium semi-final.
     In the other side, Croatian coach Zlatko Dalich admits that he has himself been amazed at the strength of his team and that he wants one last "push" from them: "I am proud of what our players have achieved, of the force they have displayed, their resilience, their energy... I wanted to switch players, but none of them wanted to leave the field, they all kept telling me «I can still run». Some of the football players have played with minor injuries, which would have prevented them from playing in other matches. Two of them played with one valid leg, but it didn't show. In 1998, I was a supporter of France in the first three matches. Everybody remembers that game (ed. note: France beat Croatia in the semifinals of the 1998 World Cup, 2-1, Thuram "47 and "69 / Suker "46).
     We've been talking about that game for 20 years. I remember we celebrated Suker's goal. As soon as we sat down, France tied the score. We are not seeking to get revenge. We will only be preparing for playing our best game in this Cup, in this final".
     Croatia is the lowest ranked team in the FIFA chart, since that chart exists, to ever make into a final, according to EFE. The team managed to qualify, ranked 20th in the FIFA world ranking, created in 1992, surpassing the French representative, which at the time held the 18th place when it became world champion, in 1998.
     The big final, France - Croatia, will be held Sunday at 18:00. The small final, England - Belgium, will be held Sunday at 17:00.
     NOTE: The final match will be reported live exclusively on the BURSA website. 

     The Luzhniki stadium
     The Luzhniki stadium, which will host the final, is the biggest stadium in Russia.
     Inaugurated in July 1956, it has hosted the Summer Olympic Games of 1980.
     It was rebuilt between 2013-2017. The final cost of the works was 350 million Euros. The capacity of the Arena is 81,000 seats.
     The finals of the World Cup
     On Sunday, the French team will play its third final in its history, after those of 1998 (which it won 3-0 against Brazil) and 2006 (which it lost in the penalty kicks before Italy). Croatia is playing its first final.
     1930 (Uruguay) Uruguay - Argentina4-2
     1934(Italy) Italy - Czechoslovakia 2-1
     (after extra time)
     1938 (France) Italy - Hungary 4-2
     1950 (Brazil) Uruguay - Brazil2-1
     1954 (Switzerland) RFG *  - Hungary 3-2
     1958 (Sweden) Brazil - Sweden 5-2
     1962 (Chile) Brazil - Czechoslovakia3-1
     1966 (England) England - RFG 4-2
     (after extra time)
     1970 (Mexico) Brazil - Italy 4-1
     1974 (Federal Republic of Germany-FRG) FRG - Holland2-1
     1978(Argentina) Argentina - Holland3-1
     (after extra time)
     1982 (Spain) Italy - FRG 3-1
     1986 (Mexico) Argentina - FRG 3-2
     1990 (Italy) FRG - Argentina 1-0
     1994 (US) Brazil - Italy 0-0
     (3-2 after extensions and penalty shoot-outs)
     1998 (France) France - Brazil3-0
     2002 (Korea and Japan) Brazil - Germany 2-0
     2006(Germany) Italy - France1-1
     (5-3 after extra time and penalty shoot-outs)
     2010 (South Africa) Spain - Holland1-0
     (after extra time)
     2014 (Brazil) Germany - Argentina 1-0
     (after extra time)
     Lawsuit over broadcasting rights
     FIFA may sue TV network that allegedly broadcasted illegally the World Cup. The liable party is the BeoutQ network, which has its headquarters in Saudi Arabia. "FIFA has hired an attorney to start the lawsuit in Saudi Arabia and is in touch with other holders of sporting rights who have been affected and want to protect their interests. FIFA is urging the authorities in Saudi Arabia and in other countries to protect the fight against TV piracy", it is said in a press release of FIFA, quoted by Agerpres. BeoutQ appeared shortly after Saudi Arabia stopped the broadcasting of the Qatari network BeIN following the diplomatic tensions between the two countries. BeIN holds the rights for the World Cup and other athletic events in the Middle East and Northern Africa. The Saudi authorities have rejected the claim that BeoutQ is broadcasting from other countries and that it has any connection to that TV station.
     Russia has a better image
     Hosting the 2018 Football World Cup has improved the image that Russia has abroad, said the president of the Organizing Committee, Arkady Dvorkovich: "Russia's image is now getting closer to what our country really is. The result is superb, Russia has changed its reputation. Russia is in fact much better than some people abroad think".
     Russia has spent over 11 billion dollars for preparing the cup, with most of that amount going towards the building or overhauling of the numerous athletic facilities. The Russian officials have said that all these improvements will have long term positive effects on Russian sports.


Readers' comments    [ add a comment ] 
Trimite părerea ta.
Nume (maxim 50 caractere)
E-mail (optional)
Titlu (maxim 50 caractere)
Prin trimiterea opiniei ne confirmați că ați citit regulamentul de mai sus și că vă asumați prevederile sale !
Aceeasi sectiune (English Section)
Calendarul BURSA 2018
Ediții precedente
Newsletter Facebook Twitter YouTube LinkedIn RSS
Jurnal Bursier
     * Circa 30% din rulaj dat de acțiunile Fondul Proprietatea
     * Picaj de peste 5% pentru titlurile Alro, după publicarea rezultatelor financiare pentru primul semestru
     Piața principală a...  click să citești tot articolul
     Bursele din Europa au scăzut vineri, pe fondul temerilor legate de eventuala răspândire în afara granițelor a problemelor din Turcia, unde lira a scăzut masiv.  click să citești tot articolul
     * Declin de 0,33% pentru BET
     Rulajul înregistrat în ședința de tranzacționare de ieri a Bursei de Valori București (BVB) a fost de 33,8 milioane de lei (7,29 milioane de euro), în...  click să citești tot articolul
     Bursele din Europa se mențin pe un curs mixt, în condițiile în care investitorii sunt atenți la tensiunile comerciale globale și la rezultatele anunțate de companii.  click să citești tot articolul
     * Opt dintre cei nouă indici ai bursei, în creștere
     Piața principală a Bursei de Valori București (BVB) a încheiat ședința de tranzacționare de la mijlocul săptămânii preponderent în teritoriul...  click să citești tot articolul
     Bursele din Europa s-au înscris pe un curs mixt ieri, investitorii fiind atenți la rezultatele companiilor și la tensiunile comerciale dintre SUA și China.  click să citești tot articolul
Cotații Internaționale

Curs Valutar

Curs valabil din data de 14 august 2018
1 Dolar australian...
1 Leva bulgărească...
1 Dolar canadian....
1 Franc elvețian...
1 Coroană cehă...
1 Coroană daneză...
1 Liră egipteană...
1 Euro...
1 Liră sterlină...
100 Forinți maghiari...
100 Yeni japonezi...
1 Leu moldovenesc...
1 Coroană norvegiană...
1 Zlot polonez...
1 Rublă rusească...
1 Coroană suedeză...
1 Liră turcească...
1 Dolar S.U.A...
1 Rand sud-african...
1 Real brazilian...
1 Renminbi chinezesc...
1 Rupie indiană...
100 Woni sud-coreeni...
1 Peso mexican...
1 Dolar neo-zeelandez...
1 Dinar sârbesc...
1 Hryvna ucraineană...
1 Dirham emirate arabe...
1 Kuna croată...
1 Bahtul thailandez...
1 Gram aur...
1 DST...
click aici pentru cursurile pieței valutare - istoric
English Section
      * (Interview with Radu Grațian Ghețea, President - CEO of CEC Bank)
     In banking there are many risks and that is why banks need to be flexible and have as diverse an exposure as possible, which take the market circumstances at the time into account, says Radu Grațian Ghețea, President and CEO of CEC Bank. He told us, in an interview: "We have to adapt to what is happening in the market and we need to do things in such a way that the economic activity and that of the bank both function properly. If we're going with the idea that we want to eliminate every risk, then we'll just stop doing anything. For instance, we have been and we are a bank which heavily funds agriculture, which also means animal husbandry. A few years ago, our exposure to the aviculture sector was rather significant, and when the avian flu came we had to cover some non-performing loans on that segment. Now that the avian flu is done, we are facing the swine flu. What should we do, stop lending?"
     Reporter: Lately, there have been opinions from some experts who are saying that there is a wave of non-performing loans of the ones taken out by the First Home Program. What is your comment on these statements?  click here to read the entire article
     * (Interview with Laszlo Diosi, OTP Bank CEO)
     Reporter: How would you describe the banking market, at the present time?
     Laszlo Diosi: Even though there are plenty of challenges, there are also many opportunities for the Romanian banking system. The lessons of the financial-economic crisis have resulted in a better regulated framework, stable, transparent and predictable. The guiding line of the policies developed by the authorities that are qualified, but in particular by those with a regulatory and oversight role has been characterized by a balance between profitability and systemic safety.
     But there is no shortage of challenges. We are talking here about challenges which concern the digitalization of the banking system and the national and international legislation. The entire system needs to align with complex and sometimes confused regulations.
     Recorded by Emilia Olescu  click here to read the entire article
     * (Interview with Dan Paul, the president of the Association of Brokers)
     The management of the Bucharest Stock Exchange (BVB) needs to find out from brokers whether Romania truly needs a derivatives market, says Dan Paul, the president of the Association of Brokers, who was kind enough to grant BURSA an interview.  click here to read the entire article
     Now we know why prime-minister Dăncilă was in a hurry to announce the activity report for the first six months at the helm of the Romanian government: the nice tale of the hike of pensions and salaries wasn't supposed to be overshadowed by the evolution of budget expenses, whose increase has led the deficit of the consolidated general budget to 1.61% of the GDP, from 0.88% after the first five months of the year.  click here to read the entire article
     The public offer started by Vimetco and Conef for a stake of at most 53.77% of the shares of Alro Slatina (Alro) has been unsuccessful, as the issuer announced that due to the unfavorable market conditions, the shareholders, company and underwriters couldn't agree on a price for the volume of 383.79 million shares put up for sale.  click here to read the entire article
     * According to Eurostat, Romania has the biggest governmental deficit in the EU
     The hike of some taxes, in the near future, is unavoidable, according to economic analyst Aurelian Dochia.
     His statement comes as, in the first quarter, the government's deficit has seen an increase over the last quarter of 2017, according to data by the European Statistics Office (Eurostat).  click here to read the entire article
Russia World Cup
     The final tournament of the World Football Cup will end with a gala representation, the duel between Croatia and France. France, the with the most expensive players in the tournament, has met the expectations, Croatia is the biggest surprise the of the competition.  click here to read the entire article
     Cristiano Ronaldo (33 years old) had several hits over the last few days, even though in the final tournament of the World Championship he failed to exceed expectations, as Portugal was eliminated in the round of eight.  click here to read the entire article
     The world is intensely preparing for a water crisis, the most important resource for human life. The signs, on a continental and global level, that there is a water problem are increasingly clear.  click here to read the entire article
     The Bursa Construcțiilor magazine, published by the BURSA press group, has taken the first step in the third decade of existence and has awarded, in this year's Gala, no fewer than 20 awards of excellence, to some of the most important associations in the sector, as well as to companies that have stood out through their activity.  click here to read the entire article
     In the plenum joint meeting of the Chamber of Deputies and the Senate, which will be held today starting at 14:00, will be debated and put up for vote the vote of no-confidence against the government submitted by 152 members of the opposition.
     The document which incriminates the failures of the Dăncilă government has been read in the Parliament on Monday, June 25th.  click here to read the entire article
     Even without the court ruling rendered in first instance by the High Court of Cassation and Justice in the lawsuit of the fictitious hiring at the Child Protection Department of Teleorman the focus on getting all the institutional levers under the - informal, but all the more important - authority of Liviu Dragnea. But, after his conviction on June 21, this trend will speed up. But only through this kind of concentration of power can the president of the Chamber of Deputies hope to change not only the balance of power - which is already favorable to him, even though nothing is final in politics -, but the legislation based on which he has been sentenced, so that he gets exonerated of any legal responsibility. Or, when the powers of the state are concentrated in the hands of one man, democracy, even though it may be only a façade, moves aside to be replaced by autocracy. And in Romania, the temptation of autocracy, hidden under the veil of illiberalism, is more powerful than it has ever been, after the fall of communism. Could this be just an accident owed to the meteoric apparition of Liviu Dragnea?  click here to read the entire article
     The Romanian Constitution:
     Art. 80 - The role of the president
     (1) The Romanian president represents the Romanian government and is the guarantor of national independence, unity and territorial integrity.
     (2) The Romanian president must watch for the compliance with the Constitution and the good functioning of the public authorities. For that purpose, the president serves as a mediating entity between the powers of the state, as well as between the state and society.  click here to read the entire article
     The reunion scheduled today between Donald Trump and Kim Jong-un is taking place in Singapore due to the relative neutrality and the security this city-state provides. Singapore is one of the few countries that still hosts a North-Korean embassy, and many of the deals of the Kim regime were conducted here, according to the foreign press.  click here to read the entire article
     "It is a good thing that the public doesn't understand the functioning of our banking and monetary system, because otherwise I think there would be a revolution in the streets by dawn".
     HENRY FORD, founder of the American automotive industry

     Fed up with subsidizing the commercial banks with their own money, the Swiss, mobilized through the "Sovereign Money" initiative, have proposed the organization of a Referendum which will be held on Sunday, June 10th 2018 - is a historical referendum, revolutionary for the banking industry, of international resonance -, by which the initiators want to amend the Constitution, which would impose to the commercial banks to grant loans only within the limits of the bank's money, forbidding them to issue scrip money and ensuring the monopoly of the Confederation (of the Swiss state) on issuance of money free of debt.  click here to read the entire article