Petrolio & Finanza: Contratto SWAP

Un anno fa, quando il prezzo del petrolio era salito sopra i 50 dollari al barile, molti produttori pensavano che i prezzi del greggio fossero saliti al loro massimo per il prossimo futuro. Sostenendo la loro visione, hanno stipulato contratti di opzione in base ai quali, ad esempio, sarebbero stati pagati $ 50 al barile indipendentemente dal prezzo spot al momento della consegna, avrebbero comunque ricevuto $ 50 al barile se i prezzi fossero scesi, ma perdendo la differenza secondo quanto, se nel caso, il prezzo fosse salito sopra $ 50 al barile. Questo è chiamato un contratto di swap.

It is earnings season, and oil producers are not all putting out good earnings reports, despite a rise in the price of West Texas Intermediate (WTI) from $40 per barrel just two years ago to $70 per barrel today. You would think that companies that barely survived two years ago would now be flush with earnings, but for some companies, the opposite is true, as financial contracts from a year or so ago are now coming back to bite.
Hedging allows producers to minimize price risk by locking in the price they will be paid for future production. This can smooth out revenues for a producer with a reliable stream of future production. If the price of crude rises, the producer misses out on the upside, but if it goes down the producer is insulated against losses. Futures contracts, which are highly leveraged, are traded on various exchanges and are highly liquid. If a producer enters into a futures contract and later decides it made a mistake, it can get out by selling its position in the contract.
Romano Pisciotti: surfing internet

Petrolio & Finanza

Il ponte e la trasparenza

Si è svolta oggi alle 13.30, presso la Sala della Trasparenza di Regione Liguria (Piazza De Ferrari, 1 a Genova) la conferenza stampa in cui è stato annunciato l’ammontare dei fondi raccolti in occasione della partita Spezia–Sampdoria del 9 settembre scorso, fondi che andranno alle famiglie colpite dalla tragedia di Ponte Morandi.

“Spero che non a caso si sia scelta la Sala della Trasparenza…ne abbiamo bisogno!!!

Toti ringrazia e parla di risposte alla città, bene, speriamo che arrivi anche la risposta che tutta Italia aspetta: una bella sentenza che inchiodi la Società Autostrade alle sue responsabilità….!!!!!”

(Romano Pisciotti)

……è stato proprio il Presidente della Regione Toti a prendere per primo la parola: “Ringrazio lo Spezia Calcio e l’U.C. Sampdoria per aver collaborato nell’organizzazione di un evento che ha consentito di raccogliere una cifra davvero importante, dando vita ad un bellissimo gesto di vicinanza nei confronti della città di Genova e della sua popolazione. Tutto il mondo sportivo ha dimostrato grande solidarietà, le iniziative sono state numerose, come testimonia anche la presenza della Nazionale che domani sera affronterà al “Ferraris” l’Ucraina. Non dimentichiamo poi il gesto del Presidente Onorario dello Spezia Calcio, Gabriele Volpi, che ha dato vita ad una donazione davvero considerevole ed a cui va il ringraziamento delle istituzioni e di tutto il popolo genovese.

L’attenzione deve però rimanere accesa, c’è ancora tanto da fare, servono risposte rapide alle esigenze di una città intera ed i fondi raccolti devono essere utilizzati nel migliore dei modi“.

https://www.acspezia.com/news/conferenza-stampa-sui-fondi-raccolti-in-occasione-di-spezia-samp.18982.html

Surf the storm

“I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.”

Surf the storm:

the new course by Rome Business School

for company captains.

Nigeria is suffering the Global Recession and a massive contraction in economic activities with the significant fall in spending.

This creates a mess in the entire economy.

Such a slowdown in economic activities may last for some quarters, or more, thereby completely hampering the growth of the economy.

We prepare managers to reach their destination in the recession.

Info: akanazu@romebusinessschool.it

www.RomeBusinessSchool.it

www.romanopisciotti.com

Romano Pisciotti: working for a Great Nation

Most valued nation brand in Africa

South Africa is still Africa’s most valued nation brand, but Nigeria is catching up fast.

Africa features six of the world’s ten fastest-growing nation brands, which includes the Democratic Republic of the Congo, Egypt, Kenya, Tanzania, Ethiopia, and Ghana.

NIGERIA IN SHORT:

Nigeria is a middle-income, mixed economy and emerging market, with expanding manufacturing, financial, service, communications, technology and entertainment sectors. It is ranked as the 30th-largest economy in the world in terms of nominal GDP, and the 23rd-largest in terms of purchasing power parity.

Oil industry and mining

The basis of the Nigerian economy is the oil industry. At present, the oil industry is the foundation of the economy. Nigeria is the 1st in Africa and the world’s 8th exporter of oil. Oil provides more than 90% of the country’s export earnings. Today the daily oil production is 1.59 – 1.65 million barrels a day. Now the quota of Nigeria in OPEC is 1.8 million b/d. 65% of the produced oil is light grades with low sulfur content.
In Nigeria, coal, tin, cassiterite, and columbite are also mined. Extraction of cassiterite and concomitant columbite mineral (niobium ore) is produced by an open method. After the tin-smelting plant commissioning in 1962, most of the tin is exported as ingots. Following 1960, because of the railroad turning to diesel fuel and the appearance of cheaper and more environmentally friendly oil products, coal mining began to curtail.
Agriculture

In agriculture Nigeria employs 65% of the population. The main food crops are yams, sweet potatoes, and corn. Many lands are irrigated. Cacao beans (340 million tons), natural rubber (112 million tons), and cotton (0.4 million tons) are also grown. 31.29% of the land is cultivated.

Romano Pisciotti: working for Great Nigeria

The theory of the oceans

From the red ocean of ruthless competition, to the calm blue ocean and without competition, where to win you have to innovate and expand your market. The steps to be taken to establish rules capable of opening uncontested markets, in which growth is guaranteed
The Blue Ocean Strategy is the theory according to which the markets in which companies of any type operate are metaphorically seen as two parallel oceans of different colors, one red and one blue, depending on the way in which it is decided to operate on the market itself .

The red ocean is a hypothetical market in which business managers have focused for some time, which includes all the existing sectors, where there is a continuous struggle between competitors to win a greater share of demand within the same sector and where ‘is complete absence of innovation.

In this type of market, companies must be content with low profit margins, because the strategic approach is the traditional one, based on the defeat of competition. Conversely, a blue ocean is characterized by innovation!

The new ideas are developed through strategic moves, that is, a set of actions and managerial decisions that lead to the birth of new products and services that, in turn, give rise to new markets. But how do you go from a red to a blue ocean?

Although it may seem very difficult to abandon traditional logic and study new strategies, the turning point is not in the ingenious idea that will overwhelm competition, but is to give innovative value to something that already exists, interpreting it in a different form.

It is about creating “valuable innovation”: changing the mental approach and thus overcoming the traditional boundaries of one’s own sector of reference to explore new territories, looking mainly at non-clients and creating new uncontaminated market spaces.

In order to create a blue ocean, it is not enough to have executives with a good critical sense and able to learn from mistakes: managers must reflect on the fact that there is certainly a completely free market share, with a different structure where they can decide the rules themselves.

Romano Pisciotti: the boundaries of the market and the structure of the sector are not immutable elements, but are continuously redrawn if we are able to create a constant innovation of value.

THE ROME BUSINESS SCHOOL NIGERIA

Are you ready to take a seat on the management floors?

Rome Business School prides itself for its presence and relevance in over 140 countries; Nigeria inclusive. Majority of its courses; strategically designed with reference to globally accepted standards.

The idea of Rome Business School Nigeria is to tailor these global standards to a more unique grassroots-concentrated business environment (Nigeria).

“Follow my Strategic Marketing lessons”

Romano Pisciotti

nigeria@romebusinessschool.it

italmotor@gmail.com (Romano Pisciotti)

Rome Business School Nigeria

WE WILL ALL BE NIGERIANS

THE WORLD IN 2100 We will all be Nigerians

There is Africa in our past.

A hundred thousand years ago, humanity started from the highlands of the black continent to colonize the world… And there is Africa in our future.

Within this century, the bulk of the men and women who inhabit the planet will be native to Africa.

An extraterrestrial who, in 2100, did a hit-and-run visit to our planet and would describe us briefly would report that, for the most part, our grandchildren and great-grandchildren have black skin and frizzy hair. At least four out of ten people who would meet would be African. Much more than Chinese and Indian. And the Europeans? Well, the extraterrestrial should have luck to find them. Virtually invisible, a small minority: one in ten.

The population of the Earth is growing, in fact, a bit slower than in recent decades, but will continue to grow, especially in Africa.

Lagos, Kinshasa, Addis Ababa, Dar es Salaam These are the metropolises-boom of the next decades.

The countries destined to a faster population growth are: Nigeria, Congo, Ethiopia, Tanzania, Niger.

The Africa that it has today, scattered among savannahs, deserted forests, little more than a billion inhabitants, will have, predicts the United Nations, more than double (2.4 billion) in 2050 and four times as much (4.2 billion) at the end of the century. More than China and India combined.

…article selected by Romano Pisciotti

Anesthesia Workstation

A9800

Anesthesia Workstation

Your healthcare, we care.

In Nigeria by Romano Pisciotti

ITALMOTOR Ltd

A9800 Anesthesia Workstation

A9800 is an advanced yet easy to use anesthesia workstation that provides accurate, pneumatically driven and electronically controlled ventilation.

It has a user-friendly design, incorporates new technology and provides safe and effective treatment options for the clinician.
A9800 incudes Adult and Child modes that provide patient-appropriate defaults and ranges.

A9800 provides complete anesthesia ventilation capabilities that include traditional and “intensive-care type” ventilation modes like PCV-VG (volume guarantee). Low-flow anesthesia delivery creates savings by lowering facility gas usage. Sophisticated ventilation capabilities of A9800 will meet the needs of the full patient range. The integrated Electronic flowmeter provides accurate monitoring and intuitive operation.

Abundant options for A9800

Gas monitoring CO2, N2O & 5 types of anesthetic agents. AGSS (Anesthetic Gas Scavenging System) provides safe and effective waste gas removal.
Patient suction regulator.

Third vaporizer parking position.

A9800 Anesthesia Workstation

Advanced and clear user interface:

The large 15” TFT LCD with touch screen along with a navigator wheel provides a simple intuitive interface that enhances user control. The screen can be tilted upward and downward according
to the doctor’s needs and position. These ergonomic features assure the clinician can complete the entire operation easily and accurately. The parameter areas on the main screen are shown in different colors for ease of identification. The waveforms and alarm records are clearly shown for easy review by the clinician of the patient’s treatment information.

Powerful monitoring functions:

A9800 displays patient data with waveforms and spirometry loops. Loops can be stored as reference to best understand changes in patient response to therapy. Optional gas monitoring provides clinicians with complete information on patient ventilation and agent delivery and uptake.

The Electronic flow meters for O2, Air and N2O are designed especially for low-flow applications. This system includes electronic fresh gas flow displays along with traditional mechanical flow controllers and flow control knobs for enhanced patient safety
over fully electronic blending systems.
Data communications export is supported to connect to the
Hospital IT systems and support EMR.

A9800 Anesthesia Workstation

Full Featured Workstation:
Advanced features for therapy delivery are also easy to use. The single-turn APL valve on A9800 includes a quick-release function to quickly lower patient breathing pressure and accurately sets pressure limits
Automatic Compliance compensation along with Fresh Gas Flow compensation help clinician to deliver accurate and precise ventilation therapy
Full waveform display including integrated Spirometry provides loops when desired for improved clinical data analysis
System provides a minimum of 25% O2 concentration at all times utilizing a pneumatic Oxygen Ratio Controller. This enhances patient safety over systems that utilize electronic or software controlled ORC functions
Large stainless worktable provides extra convenience to the user, with the flip- up table design saving space efficiently
Impressive array of standard features improves the system usability: auxiliary oxygen flow meter with Air/O2 Blender and auxiliary AC power outlets
Air/O2 Blender for Aux Gas outlet is conveniently located on front panel to allow user to mix Aux Gas from 100% O2 to 21% O2 easily and accurately
Breathing system is heated to reduce condensation and is integrated within the workstation
Advanced breathing system is fully autoclaveable
Absorber by-pass function makes changing absorbent during a case easier Absorber is compatible with Standard Prepaks or loose-fill CO2 Absorbent Auto/Manual Switch is located on the breathing system for simple control of Ventilator On/Off
ACGO (Auxiliary Common Gas Outlet) switch is a standard feature to allow for use with non-rebreathing adapters
GCX-type rails support easy mounting of other devices to the workstation
6 Traditional Gas Supply Pressure Gauges allow for easy status monitoring of hospital wall gas supplies and gas cylinders/tanks
3 locking drawers for storage
Standard SelectatecTM-compatible mounts hold two vaporizers

A9800 Anesthesia Workstation Technical Parameters

Ventilation Modes

·Volume Control
·Pressure Control
·SIMV with Pressure Support (SIMV + PS) – with Volume or

Pressure-type mandatory breaths
·Pressure Support (with Apnea backup)
·PCV-VG (Pressure Control Ventilation with Volume Guarantee) ·Manual ventilation

Parameters and Ranges

·Pressure target: 5 – 70 cmH2O ·Pressure support (delta P): 3 – 50 cmH2O ·Tidal Volume: 20 – 1500 mL
·Breathing Freq.: 2-100 bpm

2-60 bpm in PS
2-100 bpm in SIMV-VC and SIMV-PC 4-100 bpm in other modes

·TINSP: 0.2-5.0 s
·PEEP: OFF, 3 – 30 cmH2O
·FreqMIN: 2 – 60 bpm
·T pause: OFF, 5%-60%
·Trigger: 1 – 15 L/min
·I:E Ratio: 4:1-1:8
·TSLOPE: 0 – 2 s
·Vaporizers: Sevoflurane, Desflurane, Isoflurane, Halothane,

Enflurane

Monitoring

·Continous monitoring of inspiratory O2 concentration, breathing frequency, airway pressure (Paw, Peak, Pmean, PEEP), minute volume and tidal volume.

·The measured parameters are displayed as large, easy to read digital values. Airway pressure, flow and CO2 (optional) are shown in graphical waveforms.

Alarms

·Apnea
·Apnea CO2
·Adjustable alarm limits for Inspiratory O2 concentration (FiO2) ·Adjustable alarm limits for Minute Volume (MV)
·Adjustable alarm limits for Airway pressure (PAW) ·Adjustable alarm limits for EtCO2 and agents
·Continuous Pressure
·O2 Supply Fail
·Negative Pressure
·High Breath Rate (PS)
·High PEEP
·Mixed Agents
·Low Battery
·AC Power Fail
·Technical alarms

Operation Conditions

·Operating voltage: AC100-240V, 50Hz/60Hz
·Temperature: 10 – 40°C(operation); -20 – 60°C (storage &transport) ·Relative humidity: ≤90%, non-condensing (operation);

≤90%, non-condensing(storage &transport) ·Weight (without vaporizer & cylinders): approx. 100Kg

·Dimensions (H x W x D): approx. 1400mm x 900mm x 760mm

Standards

EN 60601-1, EN 60601-1-2, ISO 80601-2-13

In Nigeria by Romano Pisciotti

ITALMOTOR Ltd.

Sub Saharan African economies

Sub-Saharan Africa is not growing as fast as expected, here’s why: Sub Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the WorldBank. The average growth rate in the region is estimated at 2.7 percent in 2018, which represents a slight increase from 2.3 percent in 2017.

“The region’s economic recovery is in progress but at a slower pace than expected,” said Albert Zeufack, World Bank Chief Economist for Africa. “To accelerate and sustain an inclusive growth momentum, policy makers must continue to focus on investments that foster human capital, reduce resource misallocation and boost productivity. Policymakers in the region must equip themselves to manage new risks arising from changes in the composition of capital flows and debt.”

Slow growth is partially a reflection of a less favorable external environment for the region.

selected by Romano Pisciotti

FIAT 500 Abarth 200 HP

Selected by Romano Pisciotti