SUMMARY OF THE FINANCIAL TIMES

Summary of Financial Times readings made

CLIPPING DEPOSITS SPARKS RETHINK ON RISK

By Tracy Alloway in New York

Cyprus fallout drives renewed interest in alternative investments

Some people seek financial alternatives to fish in troubled waters before Cyprus crisis.

Given the government's plans to clipping for savers, Peter Schiff, has ventured to create an offshore bank, Euro Pacific Bank, that due to the crisis has increased the interest of your prospects to leave their money there.

However it is a bank that does not have any warranty on the money deposited there, nor makes loans to deposits taking, where people consider these alternatives more viable and less risky than the current financial system of the island, well this system supports these deposits with silver and gold, which is deprecated.

Another system that comes out is the virtual money, represented by bitcoin, which is the currency that circulates computer codes, however this system is too vulnerable to attack by hackers and thieves virtual, making it unsafe coin.

In conclusion, the uncertainty of the banking and currency instability worldwide has made it possible to experiment with the creation of bitcoin and offshore banks in small Caribbean islands, places that are unconventional alternatives to save money.

Chinese Trade with US surges in Q1

China has been growing for over a decade, making it possible to have the economy as a thermometer of the health of the global economy.

During the first quarter grew to U.S. trade, but the U.S. trade with the European Union and key, signal an uneven recovery of the world economy

Lagarde Warns over three-speed world

Ms. Lagarde warned that the world is divided into three groups: some are good, some in recovery and other in trouble.

The uneven pace of growth around the world is creating new financial imbalances that would be the start of a future crisis.

Warns that developing countries should strengthen banking supervision restricting credit, imposing capital requirements that change with the business cycle and control of foreign exchange risks.

It also says that the rich economies should use a more aggressive fiscal policy, so that interest rates will remain low