Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

Posts Tagged ‘bridge’

The Bridge at Aix en Provence

Posted by fidest press agency su giovedì, 16 settembre 2021

LONDON. Estimate: £1,500,000-2,500,000) by Sir Winston Churchill will highlight Christie’s Modern British Art Evening Auction on 20 October 2021, a key auction in the 20th / 21st Century October Season, which encompasses sales in both London and Paris. The painting was originally gifted to the Swiss paint manufacturer Willy Sax who supplied Churchill with his artistic materials and would become a lifelong friend. Churchill had already been using oil paint produced by Sax Farben, a family run paint manufacturer just outside of Zurich, when the pair formed an incredibly strong bond after their first meeting in Switzerland in September 1946. The resulting close relationship ensued for the rest of their lives. The scene depicted in The Bridge at Aix en Provence would have been especially appealing to Churchill, not only due to his love of painting water, but also because this particular vista was also visited by one of the most important artists of the 20th Century, Paul Cézanne, who inspired Churchill. Trois Sautets, which translates as ‘three small jumps’, is an elegant bridge that arches over the River Arc. In the last year of his life, Cézanne produced two watercolours of the scene, Baigneuses sous un pont (New York, Metropolitan Museum of Art) and Le Pont des Trois Sautets (Cincinnati Art Museum). In 1948, Willy Sax and the Swiss artist Charles Montag visited Churchill in the South of France, where he painted The Bridge at Aix en Provence, one of two paintings of the subject he executed. Nick Orchard, Head of Modern British Art, Christie’s: “As with the majestic scenes Churchill committed to paint in Marrakesh, The Bridge at Aix en Provence demonstrates his preference for painting en plein air, and is one of the finest examples of his favoured subject, water. The bond between Sax and Churchill was so strong when the two were introduced in 1946 that from then on, they often holidayed together. That Sax was present when Churchill created this seminal work is testament to his lasting influence on the former Prime Minister and in a nod to that, Churchill gifted the work to him, cementing a lifelong friendship. We are delighted to offer the painting as a major highlight of our Modern British Evening Sale on 20 October and expect international interest.” Sax’s contribution to Churchill’s artistic practice extended beyond the supply of materials, also demonstrating how to exploit their properties to maximum effect. Their shared passion for the medium of oil paint resulted in the conception of a handful of products specifically for Churchill. ‘Royal Blue’, which was previously named ‘Churchill Blue’, was a colour made specifically for the war-time leader in light and deep shades. Churchill, favouring to work on larger canvases than is usually expected by amateurs for en plen air painting, preferred to paint quickly, using colours directly from the tube if possible. He had not experienced a colour that came close to the hues he could see in the sky, so Sax created the colour specifically for his purposes. Sax also created a specific medium for Churchill to use with his oil paints, the recipe of which had been kept secret until recently. They also went on many painting trips together, where Sax introduced Churchill to many of his artist connections, including the Swiss painter Cuno Amiet. Sax was also a keen sports fisherman, and to the left of the vista, one can see that Churchill has suggested the figure of someone fishing, using only a few carefully placed brushstrokes, adding a personal touch to the composition.

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Didacta mette in cartella 25 mila mazzi di carte da bridge

Posted by fidest press agency su lunedì, 14 ottobre 2019

Didacta mette in cartella un mazzo di carte da bridge, sotto lo sguardo del Ministro dell’Istruzione Fioramonti, in visita a sorpresa allo stand. La Federazione Italiana Gioco Bridge, affiliata al Coni dal 1993, celebra con un cadeaux d’eccezione, 25 mila mazzi di carte, il + 50% di istituti che hanno deciso di adottare il bridge in classe. 150 le scuole coinvolte nell’insegnamento del gioco che aiuta a migliorare in matematica e allena la mente.Gli insegnanti cedono le loro ore curricolari di matematica o educazione fisica alla Federazione per praticare il bridge in classe.“Il Ministro – racconta Patrizia Azzoni, Consigliere FIGB Responsabile del settore insegnamento, visitando il nostro stand ha dichiarato che sostenere lo sport è una delle sue priorità, quindi speriamo anche noi di beneficiare di questa sua scelta politica, perché il bridge, come sport della mente, porta miglioramenti sia a livello didattico, vedi matematica e logica, sia relazionale”.“In passato – continua Azzoni – il nostro sport ha risentito del fatto che l’apprendimento richiedesse pazienza. Questo pregiudizio è oggi completamente superato grazie a un metodo innovativo, che la FIGB adotta da circa un anno. La ‘lezione zero’ è una sessione di insegnamento di 30, massimo 60 minuti durante la quale ci si siede subito al tavolo. Una lezione semplice e divertente che ha catturato l’attenzione di una platea sconfinata. Grazie alla lezione zero abbiamo portato il Bridge in tutti gli ambienti, dalle scuole elementari all’università, dai villaggi turistici alle case di reclusione, da Fiera Didacta alla Fiera del Levante, riscuotendo sempre grande successo di partecipazione ed ‘engagement’ da parte del pubblico”.Anche in questa terza edizione della fiera, allo stand la FIGB metterà a disposizione degli insegnanti, delle sessioni di formazione del gioco, mostrando così i benefici per gli alunni e le interazioni con le altre materie: il bridge rafforza le abilità nella concentrazione e nella riflessione logica, ma anche l’apprendimento di un linguaggio convenzionale e di un codice di comunicazione, così come il rispetto del compagno e degli avversari. Lo sostiene il Presidente della Federazione Italiana Gioco Bridge, Francesco Ferlazzo Natoli. “Come sa chi pratica questo sport da molto tempo (io gioco a Bridge da 40 anni!), il Bridge è in grado di arricchire la vita di una persona sotto molti aspetti: dalla socializzazione, alla prontezza mentale, alla capacità di ragionamento e problem-solving, al networking, che al giorno d’oggi sono un aspetto indispensabile anche della vita lavorativa”. (fonte: Ufficio stampa Federazione Italiana Gioco Bridge)

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Sovereign Debt Restructuring: The Greek Challenge Does the past dictate the future?

Posted by fidest press agency su sabato, 25 luglio 2015

ateneLatest comment by IMD Professor Carlos Braga: “In contrast to the usual great memories spent on the Mediterranean, this July will rather be remembered in a less sunny manner. It will go down in history as the first time that the irreversibility of the European Union’s evolving monetary union, the Eurozone, was put in doubt by one of its founding members (Germany). The Greek economic crisis – and the possibility of a Grexit – has fostered an intense debate about the future of the euro. The most recent outcome of this debate was the beginning of a new bailout negotiation, expected to amount to EUR 86 billion. In parallel with bridge loans from the ECB and the Eurogroup to address Greece’s liquidity problems, this bailout is intended to support the Greek economy and to avoid the meltdown of its financial sector. Yet sentiments around it run deep. The current situation in the Eurozone brings to mind the famous opening lines of Tolstoy’s novel Anna Karenina: “Happy families are all alike; every unhappy family is unhappy in its own way.”Similarly, the recent “solution” to the Greek crisis has left all parties involved unhappy for different reasons. For Greece, it underscored the limits of its “sophomoric” strategy, requiring a dramatic turnaround in its negotiating position from early July. Faced with the danger of a financial collapse, Greece ended up accepting even harsher conditions from creditors in spite of the results of the July 5th referendum (see Professor Reacts) that had given the Syriza government a mandate to resist continuing fiscal austerity. In short, the pain of the “capitulation” and the prospects of a new chapter of austerity cum reforms do not bode well for Greeks to take ownership of the upcoming bailout program.
For Germany, at first sight, the results seem to confirm the victory of the rules-based austerity “school of thought” as an answer to the Eurozone crisis. However, by mentioning a “Plan B” that would involve a temporary Grexit, Minister Schäuble hinted that one of the basic tenets of the monetary union, its irreversibility, is not set in stone. For some analysts, this was more a tactical move to underscore the exasperation of several creditor countries vis-à-vis Syriza’s negotiating antics rather than a real alternative. Nonetheless, the ensuing debate revealed divisions between those that see the objective of an ever more integrated Europe as the ultimate driver of political decisions in the EU and those that believe that an imperfect monetary union cannot survive divergent fiscal trends. In short, it reopened the debate about the need for fiscal transfers (in the name of European solidarity) and more specifically the need for additional debt relief.
Greece has significant historical experience with debt defaults and restructurings. Since its independence in 1829, modern Greece has been involved in 5 defaults and/or restructurings of debts before the current crisis. To put things in perspective up to 2008, Greece spent roughly 50% of its independent life facing debt problems, while Argentina – the poster child among serial defaulters – although with a higher number of crises episodes, enduring 7, spent only roughly 33%of its sovereign history confronting debt crises (from 1816 to 2008).
Moreover, Greece stands out among current high income economies, as the only country that has defaulted twice, in 1894 and 1932, when its public debt surpassed 100% of GDP. Ironically, the other high income economy that also defaulted once this threshold was breached was Germany in 1918.One could argue that Greece’s historical experiences have limited relevance for the current crisis, since they happened amid nation-building efforts and followed Greco-Turkish wars. In this context, they resemble more the growing pains of an emerging economy with a significant proportion of their debt denominated in a foreign currency. There are some lessons, however, to extract. First, it is very difficult for countries with an excessive debt overhang to grow out of a debt crisis. Second, this is particularly true when the country lacks solid domestic institutions and faces a crisis amid a difficult external environment.By 2010, Greek debt had already reached 130% of GDP at EUR 300 billion and its fiscal deficit was around 15.5% of GDP. It was clear that Greece was on an unsustainable debt path and a major adjustment cum debt restructuring was the most likely outcome. Still, creditors tried to keep appearances – in 2010 the IMF even released a study entitled: “Default in Today’s Advanced Economies: Unnecessary, Undesirable, and Unlikely.” This was done to curb concerns about contagion in the euro periphery in light of the Lehman Brothers experience.Two years later, however, the largest sovereign debt restructuring ever became a reality. Private sector creditors had to accept a haircut on Greek debt of more than 50%: a debt relief in excess of EUR 100 billion. Moreover, official creditors stepped in with credits of longer maturity and with lower interest rates, diminishing the burden of debt servicing for Greece in a substantial manner. Still, things did not improve. The austerity drag on the Greek economy, combined with the poor implementation of structural reforms, pushed debt to 176% of GDP by mid-2015. The bad economic dynamics of the last few months and the escalating financing needs of the Greek economy suggest that this ratio will peak above 200% in the near future. Accordingly, a new debt restructuring is inevitable and the IMF became the first official creditor to recognize this reality.
The fly in the ointment is that the circumstances today are quite different from those that prevailed in 2012. The Greek debt is currently mainly a public sector affair, with roughly 80% of it being held by international institutions (IMF, ECB, and Eurozone mechanisms) and European governments. The good news is that the danger of contagion is limited, given the official characteristics of the holders of the Greek debt (relief is unlikely to create significant negative market spillovers) in a macro environment with high liquidity in view of the ongoing quantitative easing from the ECB. The bad news is that these creditors are typically much more skeptical of providing debt relief when they are directly involved.The history of debt relief in the context of the Heavily Indebted Poor Countries (HIPC) and the Multilateral Debt Relief Initiative (MDRI) programs of the IMF/World Bank come to mind.* It took substantial external pressure and a long and complex process for multilateral creditors and bilateral donors to accept the idea of debt relief in the case of low income countries. The debate in the case of Greece, a high income economy, will be even more contentious. Still, the concept of tying future official debt relief to broad economic performance indicators including social expenditures, as in the case of HIPC/MDRI, is worth considering.The reaction of official creditors at this stage, however, remains quite cautious. Germany, for example, has made it clear that the focus should be on the negotiation of the new bailout program and that outright debt write-down involving public creditors is against the rules of the Eurozone. Article 125 of the Lisbon Treaty is often invoked in this context as the non-bail-out clause of the EU. Needless to say, the legal interpretation of this clause is open to debate. But the reality is that the political willingness to consider further debt relief is in short supply.Germany, for example, has already indicated that at best one could discuss a re-profiling (extension of maturities) of the debt once the bailout negotiations are successfully concluded. This, however, will only work if the grace period were to be substantially extended (e.g., 30 years for the whole stock of official debt). This will not be an easy sell in many European capitals. The alternative, however, is even worse since it will require a leap-of-faith concerning resumption of growth in Greece (sustained rates of at least 2% per year) in an environment characterized by consistent primary surpluses of 3.5% per year. In other words, the expectation that Greece will become a “new” Germany. To make things even worse, the lack of ownership of the reform program by Greek politicians further magnifies the chances of failure.Former Citibank chairman Walter Wriston used to quip in the 1980s that “countries don’t go bust.” The current misalignment of expectations between creditors and the Greek government, as well as the refusal to face reality vis-à-vis the need for substantive debt relief, have put the Eurozone in a collision route that will reframe the definition of what bankruptcy means for a sovereign”.
Carlos A. Primo Braga is Professor of International Political Economy at IMD, and Director of The Evian Group@IMD.Braga was the Director of the Economic Policy and Debt Department of the World Bank during 2008-10. This was the department that coordinated the HIPC and MDRI initiatives for the World Bank.

Posted in Economia/Economy/finance/business/technology, Estero/world news | Contrassegnato da tag: , , , | Leave a Comment »

Sistema Storage Bridge Bay

Posted by fidest press agency su mercoledì, 14 aprile 2010

Orlando, Florida. Storage Networking World Super Micro Computer, Inc. (Nasdaq: SMCI), azienda leader nel settore dei server ottimizzati per applicativi e di soluzioni per l’archiviazione digitale, presenta a tutti l’unico sistema Storage Bridge Bay (SBB) con doppio processore (DP) ottimizzato per applicativi per l’archiviazione digitale di importanza critica, destinati a imprese. La presentazione si terrà in occasione dello Storage Networking World (SNW) a Orlando, Rosen Shingle Creek, stand 113, dal 12 al 14 aprile. Supermicro presenta anche il proprio sistema Double-Sided Storage(TM) e altri sistemi 6Gbps SAS (SAS 2.0) in occasione della manifestazione.(Foto:http://www.newscom.com/cgi-bin/prnh/20100412/AQ84378)  I collegamenti realizzati con 10-gigabit Ethernet doppia tra ciascuno dei due alloggiamenti della scheda server Xeon doppia e il midplane del sistema consentono di eseguire il mirror della cache ad alta velocità. In caso di guasto di una scheda server, l’altra scheda server è in grado di controllare e accedere ai dischi rigidi per fare in modo che il sistema continui a funzionare.  Il sistema Supermicro è un superset del nuovo standard SBB. Il 3U Super SBB supporta 16 dischi rigidi da 3,5″ sostituibili a caldo (SAS1, SAS2 o Enterprise SATA) con la possibilità di espansione oltre i sedici dischi rigidi utilizzando il sistema JBOD SBB di Supermicro (SYS-937R-E2JB). Ognuno dei due alloggiamenti della scheda server supporta processori Xeon doppi delle serie 5500/5600, sei slot DIMM, tre slot PCI-E Gen2 e collegamenti 6Gbps SAS (SAS 2.0). Equipaggiato con alimentatori ridondanti da 1200W (Livello Oro) ad alta efficienza e ventole ridondanti per il raffreddamento, il SYS-6026ST-6LR è un sistema di archiviazione digitale ad alta disponibilità, alta affidabilità a un prezzo decisamente concorrenziale.  In occasione dello SNW viene anche presentato il telaio Double-Sided Storage(TM) (serie SC847) della Supermicro, che offre ai clienti accesso diretto con sostituzione a caldo a tutte le unità di archiviazione, e consente di risparmiare spazio prezioso nel rack. Con il supporto di alimentatori ridondanti di Livello Platino (oltre il 94% di efficienza), la versione server del telaio offre 36 vassoi sostituibili a caldo per unità da 3,5″, di cui 24 nella parte anteriore e 12 in quella posteriore. Per le configurazioni JBOD, il telaio è in grado di supportare 21 dischi rigidi nella parte posteriore per un totale di 45 unità da 3,5″ sostituibili a caldo. Per informazioni più dettagliate, visitare http://www.supermicro.com/storage/.
Supermicro, azienda leader nell’innovazione di tecnologie per i server e di prodotti verdi per i computer, offre ai clienti nel mondo server ottimizzati per applicativi, workstation, blade, sistemi per l’archiviazione e GPU. Sulla base dell’innovativa Server Building Block Solutions, Supermicro offre la migliore selezione per l’IT, per applicazioni in centri dati e HPC. Le innovazioni per l’architettura di sistemi presentate dalla società comprendo il server Twin, e le serie di prodotti delle linee Double-sided Storage(TM) e SuperBlade(R). http://www.supermicro.com.

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Mind the bridge: giovani e imprenditorialità

Posted by fidest press agency su mercoledì, 10 marzo 2010

Pavia 11 marzo 2010, ore 16, nell’aula 5 del Polo Didattico di via Ferrata, verrà presentato il progetto An introduction to Global Entrepreneurship. From startup companies to fund raising. Il progetto, finanziato dalla Fondazione Cariplo sul bando capitale umano di eccellenza vede  la collaborazione delle Università di Pavia, Varese (capofila) e del Politecnico di Milano. Obiettivo del progetto, sostenuto dalla Fondazione Mind the bridge è quello di avviare giovani (studenti e dottorandi) alla imprenditorialità, stimolando potenziali spin off da portare in Silicon Valley. L’idea è quella di proporre un boot camp, da cui sviluppare concretamente il progetto d’impresa e la rete di clienti.

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