Distruction of gardens and old houses

After the distruction of eucalyptus trees, which Stefano posted on his blog the 29th of May 2009, our town is going to suffer another damage. Civitavecchia's people are dealing with a new problem because local politics want to built some horrible blocks of flats on a small green area. There are some old nice houses and a lot of gardens with lemon trees in this small urban area which is situated in the middle part of the town. Politics, who are plannig to destroy this part of the town, aren't interested to sustainable development of urban environment.

In this area of the town there are some very nice and old houses which were built in 1920s. Their architectural style clashes with new big buildings. Moreover, If we build new big blocks of flats, the people in this small part of the town will increase and parking places and other public utilities will be the same.

If Civitavecchia's people don't appeal against the major's measure this small part of the town, which is called "La Nona", will be destroyed. A lot of local free associations have already appealed against the major's measure.

Civitavecchia's landscape

In theese days local politics of Civitavecchia, where I've lived with my family since 1991, are trying to attach importance to the surronding landscape. I posted an image which gives a picture of the territory above mentioned. It is now in a wild state. Local politics suddenly think it may be used for biking, running, riding, trips to the mountains, archaeological tours (there are some Etrurian ruins), etc. It's a great idea. Fortunately they don't try to build something or detroy this beautyful landspape.

Nowadays, economists and ecologists say that landscapes, which are a part of global environment, are considered as commodities, goods and rights. We have to shrink the environmental impacts of urban areas. Although global environmental problems are typically considered part of national and international decision-making, it is now much more important to consider the environmental impacts of urban areas, because a rapidly growing proportion of the world's population lives in cities.


This week I've found a terrible environmental crime in my town and there's a personal liability too. I've posted the following image of this environmental offence which consist in water pollution. But I think that our European legal system concerning criminal sanctions linked to environmental offences is not certain and dissuasive. I hope politics will decide to develop environmental law to protect the equilibrium of natural system and human health.

Panic selling

Most people say that stock market has reached bottom. Although it has seen a strong rally since the March 9th lows, it is still in an overall bear market trend. So we can forecast that the market, after a small decline (I hope without panic selling), can move higher. Therefore, the Standard & Poor's 500 Index, which consists of 500 stocks chosen for market size, liquidity, and industry group representation, will slightly try to incease its volume surge. The Standard & Poor's 500 resistence level of 935 - 945 would may mean a rise at 1045.

We can all have the same information about the world stock markets, but people act differently on the same information. Anyhow, it isn't easy to distinguish something that is signaling a real breakout from a new trend.

development of the green economy

Halfway through last year, while the Standard & Poor's 500 Index was falling 10 percent, the green energy shares rose 30 percent. And during the two "panic selling" bottoms of October 2008 and March 2009 all the shares linked to renewable energies climbed easier than the Standard & Poor's 500 Index. In this perspective, most people think that the economic phenomenon called green economy will gradually cause the new speculative bubble of global stock markets (http://personalfinanceandinvesting.com/).

Although some green energy shares are actaully overweight I think that the environmental sector of the global economy will increase. Nowadays United States and Spain are the most important makers of renewable energy in the world. Next year a new big photovoltaic station will be built in Australia (Mildura). Four photovoltaic stations will begin to produce renewable energy in the U.S. Mojave desert in 2011. Moreover, there are important projects about the production of photovoltaic energy in South Afrika (Upington) and Israel (Negev desert).
The UNDP report on green employees shows that the jobs linked to sustainable development and "green economy" in the world are 2,3 million of which 670,000 jobs in photovoltaic sector only. The development of "green economy" may increase the employment because it needs technicians, installation firms and designers. Of consequence, the growth of employment, which improve consumer spending, may give strenght to the global economy.
In the U.S. stock market there is one of the most important company which makes photovoltaic panels. The name is First Solar and since May 2008 its share price have fallen from $ 317 to $ 130. General Electric and the Danish company Vestas are the world leaders of the wind turbine. In the end, in the green business of stock market there's the Swedish company Abb.

Chinese gold reserve

A survey of Xinhua News Agency shows that chinese government increased the gold reserve by 75 percent from 2003 to 2008. The chinese gold reserve has grew during the last five years from 600 to 1054 tons. Other asian countries increased their gold reserves too.

Of course, on the basis of the law of supply and demand, from 1999 to 2008 the price of gold rose from $ 250 to $ 900. But recently in the first three months of 2009 the price of gold fell. In a picture of financial volatility, investors think buying gold may be interesting against the uncertainty of stock markets. Moreover, some asian governments will probably decide to increase further their gold reserves.

Nasdaq index will probably rise next weeks

After the double bottom in October 2008 and November 2009 charts show that Nasdaq index will rise next weeks. Although experts don’t see a trend changing we can analyse others interesting signals in the stock market. Nasdaq index begans to rise, comodities prices have grown and stock markets of emerging economies have revitalizes. Under this perspective, the resistance level of 2050 of the Nasdaq index would may mean a changing trend in the global financial markets. In the past others stock market indexes like S&P 500 and Dow Jones Industrial followed the Nasdaq index growth.

A lot of economists think that a strong increase in the global financial markets would cause a problem concerning inflaction control. The fluctuations of stock markets, that always anticipate all financial phenomenons, will probably give a danger signal linked to growth of the global inflaction.

old toys

I've find some old toys (small cars). This website is helping me to sell the old toys http://www.subito.it/vi/5610314.htm
It.s unbelievable: a lot of people have asked the small old cars.