Best blog

My favorite blog was the one from Maria Alejandra Hoyos, it looks very nice and organized, and with the videos and images she made her posts more aggreables. Also i like her points of view.

http://mariaalejandrahs.blogspot.com/

Latinamerican Successful Companies: "Grupo Bimbo"

“Grupo Bimbo was founded in Mexico in 1945. Now days it is one of the largest baking companies in the world, by branding, production volume and sales, in addition to being the undisputed leader in its field in Mexico and Latin America. Operating in 18 countries in America, Europe and Asia, has about 5,000 products and more than 150 prestigious brands. Since 1980, Grupo Bimbo is a public company traded on the Bolsa Mexicana de Valores and consists of six organizations and corporate companies which operate in the bakery industry and food in general.”[1]

This multinational company is one of the most important and successful in Latinamerica due to its important achievements. For example, in 2008, it generated 82.317 million Mexican pesos in net sales. It also has one of one of the widest distribution networks in the world, with more than 41,000 trails and almost 2 million points of sale. In December 2008, Grupo Bimbo has signed an agreement to acquire Weston Foods Bakery, Inc. (WFI) in the United States, a decision that made Grupo Bimbo become one of the most profitable bakeries. Another important achievement is that i is increasing its penetration on the Chinese consumers taste.

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[1] (n.a)(n.d). Acerca de grupo Bimbo. Retrieved May 21, 2010, from: http://www.grupobimbo.com/display.php?section=1

El Informador: Noticias de Jalisco, México, Deportes & Entretenimiento (2010). Panificadora líder obtiene récord de ventas en 2009. Retrieved May 21, 2010, from: http://www.elinformador.com.mx/economia/2010/194876/6/Panificadora-lider-obtiene-record-en-ventas-en-2009.htm

Bimbo Logo. Retrieved May 22, 2010, from: http://www.alfa-editores.com/web/index.php?option=co

Greek Crisis

The situation in Greece, is that apparently, for years, as reported by the European Commission, successive Greek governments made up their public accounts for being admitted to the European currency, falsifying data to hide the substantial budget deficit.

The data from Greece are shocking: the public debt to 90%, adding up 300,000 million euros, with a budget deficit of 13%, the highest in the Eurozone, while wages and prices, according to Eurostat, increase more than in the richest and most competitive countries in the EU.

France is ready to help Germany, his former political opponent and current rich partner in the European Union, to implement the economic rescue plan expected to save Greece. But not at any price. The conservative government of Prime Minister François Fillon will not hesitate to stop the aids if Greece doesn’t accomplish the conditions to maintain the support and ensure the return of the approved financial injection by Paris.

However, Paris doesn’t feel confident about helping a poorer country and, in the words of the Minister of Economy and Finance, Christine Lagarde, "in recent years has not done its homework by changing macroeconomic accounts and reaching unbearable limits accumulation of public debt.”

References:

Lorena Ratto, February 2, 2010. Grecia y su crisis.Retrieved May 13, 2010, from: http://www.finanzzas.com/grecia-y-su-crisis

David Martinez. May 2, 2010. Francia se une a Alemania en el tono duro con Grecia. Retrieved May 13, 2010, from: http://www.lavanguardia.es/economia/noticias/20100502/53920031796/francia-se-une-a-alemania-en-el-tono-duro-con-grecia-paris-atenas-fransois-mitterrand-nicolas-sarkoz.html