text:
How anti-immigration policies hurt public health
By Michael Stein and Sandro Galea
Immigration is neither a new issue nor an exclusively American one. In 2017, there were more than 250 million immigrants living worldwide, and about 2.4 million people migrate across national borders each year. Migration also occurs within national borders—it is estimated that more than 750 million people live within their country of birth, but in a different region. Economic, political, and social forces drive migration. Migrants who are forced to leave their country due to war or persecution become refugees; there were over 65 million refugees worldwide at the end of 2017.
The health of immigrants in their adopted home is strongly shaped by social, economic, and political conditions in that country. Legal status in the host country, for example, is associated with access to a broad range of health services and resultant better health. A study in Denmark found that while refugees were disadvantaged in terms of some cardiovascular disease outcomes, and equal or better off than a Danish-born comparison group in others, family-reunified immigrants had significantly lower incidence of stroke, cardiovascular disease, and myocardial infarction across the board.
Perhaps unsurprisingly, aggressive anti-immigration policies create poor health for the population they target. For example, family separation and detention at our borders traumatize families, deepening the mental health needs of this vulnerable group. And federal raids can affect the birthweight of babies born to USborn Latina women, following immigration authority raids in search of undocumented Latinos.
Creating the conditions for immigrants to stay healthy helps us all. Consider that a measles outbreak in Minnesota was fueled by low vaccination rates among refugees, who often mistrust health providers and fear discrimination and deportation. Ultimately, this outbreak—caused by the conditions of marginalization faced by immigrants—threatened the health of everyone, immigrant and native-born alike. Policies which further marginalize immigrant communities can increase this risk. Rather than listen to voices that rail against the imagined evils of immigration, we should do all we can as a country to maximize the health of immigrants, by working to include them in the fabric of American life and providing them with the basic social services they need in order to be well.
Featured Image Credit: by Cytis via Pixabay
This is the chapter "Immigration and the Health of the Public" from Pained: Uncomfortable Conversations about the Public's Health, written by Michael Stein and Sandro Galea. Michael Stein is a professor and chair of health law, policy and management of the School of Public Health at Boston University. He is primary care doctor and has been a leader in general medicine and substance use research and policy for two decades. Sandro Galea is the Robert A. Knox Professor and dean of the School of Public Health at Boston University.
Stephen Kamugasa 9th June 2020
"Creating the conditions for immigrants to stay healthy helps us all." I couldn't agree more!
Writing as a former refugee, I agree with Abraham Lincoln when he said, "A drop of honey gathers more flies than a gallon of gall." And by 'gathering more flies' we should take it to mean, 'better outcomes.' Policies designed to make life difficult for immigrants tend to drive them underground, compromising government's capacity to gather important intelligence in areas such as health; a failing that is injurious to all, regardless of their legal status in any given country. Governments should instead be encouraged to pursue imaginative immigration policies that ensure national security, and at the same time help nations meet their international obligations to humanity. This is a win-win approach. The alternative is to pursue policies that ultimately come crashing down each time they come face-to-face with a challenge like the Coronavirus pandemic.


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'Half of would-be nursery staff to be blocked from entry because of grades', report says
June 11, 2015 | 1 Comment
The Telegraph is reporting that providers have warned of a looming crisis as, they say, four in ten would-be nursery staff will be blocked from entry under new government rules…
Recent government changes stipulate new apprentices and highly-skilled childcare students must have at least a grade C in GSCE English and maths to take up employment at level 3, which is the better standard of early education children receive.
However, a new survey by the National Day Nurseries Association (NDNA) has revealed 43 per cent of nurseries are unable to find apprentices as a result.
The figures emerged as parents and businesses expressed concerns of an over-emphasis on grades rather than on the level of care…
Purnima Tanuku, chief executive of the NDNA, told the Telegraph: "Nursery staff aren't completely blocked from entering child care as they can still enter at level 2 but they won't be able to enter level 3, which is at a manager's level.
"There are not enough young people leaving school with GCSE English and maths at C grade level. Only 62 per cent of young people are leaving school with such grades. Even if all those come into the early years sector, because of the low pay they are not attracted to come into child care.
"But we have mature staff who are very experienced and very committed to looking after young children, don't have those GCSEs and they can't progress any further to manage a nursery or to be a team leader…"
More at: 'Half of would-be nursery staff to be blocked from entry because of grades', report says
I'm not sure of the validity of the survey this 43% figure for nurseries struggling to recruit has come from as it appears to have been self-selecting from the overall membership, but do you agree with the central concern here: are the regulations going to result (albeit inadvertently) in a recruitment crisis in nurseries?
Please tell us your experiences and whether you think the grade C requirements in maths and English are a good thing or not, and why.
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Conservative MPs demand school funding reform
Helicopter or hands-off: today's parents can't seem to win
Categories: Policy and Pre-school.
Tags: Nurseries and Pre-school.
MadgeJesss	 June 11, 2015 at 10:04 pm
SchoolsImprove Lets not forget the pay is dire even when you have qualified. Could have something to do with lack of qualified applicants.
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redpajama_set_name: RedPajamaCommonCrawl


All house owners are responsible for keeping the sidewalk in front of their premises clean from snow and safe. Supposing you fail to do so and somebody passes your house, slips and injures himself, you will be liable for his damages. If you are the tenant, you are only then responsible for removing snow if your rental contract so says. The municipality is usually responsible for keeping the streets clean. The streets with most importance will be cleaned first while little streets only important for residents might not be cleaned at all. The OLG Thuringia defined the prerequisites on September 22, 2004 (re 4 U 793/04) more exactly for strewing sand on sidewalks inside of town.
Sidewalks inside of town must be kept clean and safe only if they are frequently used. In other words, the path to your back door is unimportant while the way to your front door must be kept clean and safe – not to mention the sidewalk all around your premises.
During extreme weather conditions, you will be obligated to clean the ways only when it would make sense. This means as soon as the weather calms down.


You must make bookings at least 5 minutes in advance of the time at Salaam Namaste.
Located in London's stylish Bloomsbury, Salaam Namaste has been serving the Indian food aficionados of the area for over 10 years and is at the forefront of Indian and Pakistani cuisine. Award winning chef patron Sabbir Karim has imparted his wealth of knowledge both behind the scenes in the kitchen and in the development of the menu. Dishes such as Crab Balchao and the Dhaba Gosht are particular favourites of the regular diners.
Following a refurbishment in 2013, Salaam Namaste can cater for 70 covers at any one time and is an elegant and contemporary space for intimate dinners or an ideal venue for entertaining guests, business clients and private parties.
Service was a little slow. Servers didnt seem familiar with menu. Food was mostly great. Had to order my drink twice.
Good but not real fusion ... There are better places for to enjoy asian fusion .
Though it is neat and clean but I guess the taste lacks that sparks.. won't be going never again.
Great choice of food, very helpful waiters, and a nice atmosphere. Would go again.
We tried dishes in both the new and traditional categories and thought everything was excellent. The service is friendly and very professional and the space is pretty. We will definitely return.
Went with a friend to Salaam Namaste near Russell Square in London. The food and service was great and we really enjoyed our catch up. We used the 20% discount on food which made the experience even better. I will definitely recommend this restaurant and will also visit it again.
Had late lunch with friends and so the restaurant was empty and so lacking in atmosphere. The food was very good and the service was excellent. The menu was a bit different from your standard Indian which made it more interesting for us. Was good value too with the deal.
We booked Salaam Namaste after doing a bit research online. Overall we were extremely pleased and satisfied with our meal. The menu choice was very good with a range of different dishes as well as the more traditional ones. Also a good selections of wine, some reasonably priced. We really enjoyed both our starter and mains. Nothing to fault at all.
Service was excellent. The manager Tushar Gupta was extremely attentive, asking us for feedback on how we found our meal and service.
A great choice for us and we will be back again next time we are in London.
I recommend the curries: The butter chicken And seafood moilee were absolutely delicious. The scallops and venison as starters were really enjoyable! The dessert though... the presentation made us think that iT might taste good but we were wrong.. the chocolate pudding With the brownie in the bottom was just weird. the halwa I ate here tasted Like it was scooped from a used spoon (I think wrong spices were used) Also the carrots wasnt grated but sliced in small pieces which ruined the whole dish :( I love halwa But This dissapointed me.
Overall the place was cosy, hot and a bit crowded. The waiters were politie And very Well disciplined.
The food was excellent. I had the green curry with Koriander and tamarindes. Beautiful dish.
Meat used was also of nice quality. No chewy chunks of the chicken in it.
4,5 out of 5 stars for me!
Great food and lovely place, quite fancy. Cocktails were really good too.
Staff was really friendly and welcoming.
We went on a Tuesday night so it was quiet.
We arrived at the restaurant in time for our reservation, however, was so busy, was told to wait outside.
Food - lovely, limited choice but food tasty. a bit on milder side. Dumpukht biryani was amazing. But Kathi roll tased more like tortilla warp.
Great food , too long a gap between ordering and getting food- 20 minutes for started 50 minutes for main course.
I tried a recommended starter from the staff that I have not had before. It was similar to a chicken chat but a drier consistency and was delicious . The chicken tikka madras was hot a full of flavour and the cobra beer cold and lively.
The friendly , attentive staff made for a lovely experience.
I will be returning on my next visit to London .
We tried this restaurant on off chance after a show and were very pleasantly surprised. A small restaurant with good ambience. The food was delicious and flavourful especially the jinga peri peri and the Rajasthan Laal Maas. The service was good. Will definitely go back if in the area again.
absolutely amazing food! highly recommend it. Not heavy or oily and right balance of flavours.
Found this place after searching for a place for ages, thank god we did. We had a wonderful time. Food excellent, service was incredible, place busy and top atmosphere.
We went mid-week at lunchtime and had the restaurant to ourselves. Everybody in our group said that teh food was excellent. Service was polite, friendly, and quick. The restaurant is tucked away from the high street, so it probably doesn't get much passing trade, but well worth going to.
The appetizers were really good, but neither of us much cared for our main dishes. Flavorful, but heavy and not varied -- just meat or just meat and starch and no veg. Would have preferred the format of smaller main dishes so one could also order some vegetables. Quiet, nice atmosphere. No place to put coats, which in the middle of winter is a bit of a drag.
Overall ambiance was good, however food was nothing special compared to some of the new modern Indian restaurants in London.
We went for a meal for a leaving do, and there were 10 of us. The food was wonderful and all came at the same time (no one was forgotten). The staff were great and helped us with everything we needed. I would definitely recommend going!
The food is very good quality and tasty. Service is friendly and helpful. The restaurant has a lovely, calm atmosphere - will definitely return again soon.
This place is quite a gem. Really tasty food that is different from your average curry restaurant. Nicely upmarket, informal and relaxing. Great service. Been twice, having organised two parties of c10 people and get well looked after.
We were placed near a door and wanted to Change places but the seats were not available as they were for other bookings. When the door was ope as people using the door you could feel the draft.
The service was good. Ambience was ok. The food was good with good presentation. The Biriyani, we have tasted better. The prawn dish was excellent .The price was reasonable.
We enjoyed a fantastic night at Salaam Namaste- great service, delicious food, lovely ambiance.
The quality of the food and variety of dishes was much appreciated by all the guests, and I am always happy to return to this restaurant for both business and pleasure.
Superb cuisine, attentive staff. Tables a tad small and too close, hence losing a couple of stars. Nevertheless highly recommended.
This was the second time i had been here in the space of a month. Excellent food and service. first time was for 2, this time for 8. All commented on the quality being top notch. Will be booking here again.
I can not fault this restaurant, the waiters were absolutely amazing and the service was excellent. The food tasted lovely and was brought out without delay. Went here for a birthday and they provided a lovely piece of cake with a happy birthday message on it as a finishing touch. Lovely, I recommend everyone to try. Will be going here again.
Visiting from Chicago and was looking for a Pakistani/Indian place for New Year's Eve dinner. This is a bit outside of central London but a great experience. The hosts were very welcoming, a variety of dishes offered, and good tasting overall.


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Roxane Gay's post in The New Republic does a good job detailing the recent student activism at Mizzou and Yale, as well as detailing the larger cultural forces behind the protests:
There is often condescension in examinations of these supposedly fragile young people who don't understand the real world. College students do, however, understand the real world, because they aren't just students: They do not abandon their class background or sexuality or race or ethnicity when they matriculate, and their issues do not vanish when they register for courses. We should not dismiss their valid concerns. To do so, to invalidate their experiences, would be to invalidate their diversity and ignore their hurt. American colleges and universities have always been incubators for the privileged, and the only people who continue to operate there with some guarantee of physical and emotional safety are white, heterosexual men. Is it any wonder, then, that students are demanding a basic guarantee of safety?
WGBH Open Studio will be airing an episode tonight specifically about the recent changes in the Boston theatre landscape related to lack of space and resources. You can check out a preview HERE, and tune in at 8:30pm to catch the rest.
From left, Mr. Ansari, Noël Wells, Lena Waithe and Eric Wareheim in the Netflix series "Master of None." Credit K.C. Bailey/Netflix
Aziz Ansari's new show Master of None is getting a lot of attention, and Ansari has used the spotlight to talk about the importance of diversity in TV and film and call Hollywood out for it's hypocritical practices regarding race, which he he does to great effect in this NYT op-ed:
Sure, things are moving in the right direction with "Empire" and "Fresh Off the Boat." But, as far as I know, black people and Asian people were around before the last TV season. And whatever progress toward diversity we are making, the percentage of minorities playing lead roles is still painfully low. (The numbers for women are depressing as well.) In 2013, according to a recent report produced by the Ralph J. Bunche Center for African American Studies at U.C.L.A., only 16.7 percent of lead film roles went to minorities. Broadcast TV was worse, with only 6.5 percent of lead roles going to nonwhites in the 2012-13 season. In cable, minorities did better, getting 19.3 percent of the roles.
Via Playbill, in response to the New York Times' decision to remove production credit listings from its theatre reviews, over 80 playwrights have signed a letter petitioning them to restore the credits online and in print, including C1 alums Annie Baker and Branden Jacobs-Jenkins:
Baker, a Pulitzer winner for The Flick, confirmed to Playbill.com that she penned the letter with the help of her fellow playwrights.
She told Playbill.com that a scenic designer alerted her to the Times omission in recent weeks. "Every playwright I talked to was very concerned and many of them reached out to me with stories about how integral their crews and design teams have been to the writing of their plays," Baker said.
Baker added that the Times had responded, saying the letter would be passed along to culture editor Danielle Mattoon
© 2019 Company One — Boston Theatre tel: 617.292.7110 — fax: 617.307.4475 — email: info@companyone.org — 539 Tremont St — Boston, MA 02116


text:
class Users::RegistrationsController < Devise::RegistrationsController
  def edit
    routing_error  # Invalidate a "/users/edit"
  end

  def update
    self.resource = resource_class.to_adapter.get!(send(:"current_#{resource_name}").to_key)
    prev_unconfirmed_email = resource.unconfirmed_email if resource.respond_to?(:unconfirmed_email)

    resource_updated = update_resource(resource, account_update_params)
    yield resource if block_given?
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      if is_flashing_format?
        flash_key = update_needs_confirmation?(resource, prev_unconfirmed_email) ?
          :update_needs_confirmation : :updated
        set_flash_message :notice, flash_key
      end
      sign_in resource_name, resource, bypass: true
      # respond_with resource, location: after_update_path_for(resource)
      render "user_settings/update"
    else
      clean_up_passwords resource
      # respond_with resource
      render json: format_error_message(resource), status: :unprocessable_entity
    end
  end

end

redpajama_set_name: RedPajamaGithub


Lut Desert was inscribed on the World Heritage as Iran's 21st item in the list. The inscription came a couple of days after the United Nations Educational, Scientific, and Cultural Organization (UNESCO) registered eleven Iranian qanats on the World Heritage List in its July 15 session.
Lut Desert in southeast of Iran and seven more historic sites have been registered on the List of World Heritage, according to a statement by the international body.
Inscription of Lut Desert is significant, because it is Iran's first-ever natural heritage site on the coveted list.
Lut Desert is a large salt desert in the provinces of Kerman and Sistan and Baluchestan, and is the world's 25th largest desert. The surface of the sand there has been measured at temperatures as high as 70 °C (159 °F), and it is one of the world's driest and hottest places.
The big desert of Lut with the area of 5,400 square kilometers is situated in the eastern region of Iran. It is part of the northern of the two deserts belts which encircle the Earth. The Sun heats these two belts of land more than any other part of Earth and creates deserts.
There are reports that no living creature can survive for long in this region, with Lut generally considered an abiotic zone, being so forbidding that not even bacteria can live. The very beautiful and typical phenomena abound in this desert. Lut desert has a few universally unique specifications. Due to its vastness only a part of this area (in the vicinity of the historical city of Shahdad), that includes the most of its phenomena is taken in to consideration.
The Lut Desert consists of several large basins separated by worn mountains and ridges, covering an area of about 200 by 100 miles, with the western part containing wind-swept corridors separating high ridges. The east is a sea of sand, described by Alfons Gabriel, one of the first explorers, in 1938, as "a confused mass of impassable tangled dunes." Winds pile the sand into dunes up to 500 feet high, as tall as Washington's monument and Lut desert has the biggest nebkas in the world.


Bluetooth is managed by an industry group, and that body has just released two new standards that'll result in a whole new range of fitness sensors. Bluetooth's low energy wireless systems are ideal for sensors that measure the movements of people exercising while running or cycling–sensors that have long battery life and can automatically connect to devices like smartphones or cycling computers to record their output.
The Bluetooth SIG had previously outlined the Bluetooth Low Energy standard as being ideal for these devices. Prior to this, devices like Nike and Apple's Nike+ in-shoe sensor had to use a proprietary wireless standard. The new fitness standard is aimed at improving the accuracy of the data the health sensors can collect and transmit over short range, and avoid the need for proprietary hardware like dongles. Fitness devices like the Fuelband and Fitbit are a blossoming industry.
Visit the main Fast Feed page regularly to keep up with news as it happens.


Dubai, UAE, and Montréal, Canada, December 2, 2016: DP World announces the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America's largest pension fund managers. The investment platform totals US$ 3.7 billion, with DP World holding a 55% share and CDPQ the remaining 45%.
The platform will invest in ports and terminals globally (excluding the UAE) across the life cycle of the asset, with a focus on investment grade countries. It will also invest mostly in existing assets, but with up to 25% invested in greenfield opportunities. Through this platform, DP World will share new investment opportunities and CDPQ will have the option of co-investing alongside DP World.
The investment vehicle will be seeded with two of DP World's Canadian container terminals, located on the Pacific Coast in Vancouver and Prince Rupert, with CDPQ acquiring a 45% stake of the combined assets for US$ 640 million* .
In CDPQ we have found a partner with shared vision who is willing to participate in the risk and reward of investing throughout the life cycle of trade-enabling assets across the globe. The partial monetization of our Canadian assets further strengthens our balance sheet.
The opportunity landscape in the port and terminal sector remains significant and this partnership offers us greater flexibility to capitalise on these opportunities while maintaining a strong balance sheet and retaining control.
Canaccord Genuity, Dubai, acted as financial advisor to DP World and BMO Capital Markets acted as financial advisor to CDPQ.


In just a couple months, the US Federal Reserve's second quantitative-easing campaign will wind down. This program has been highly controversial since its birth, so the Fed is under tremendous pressure not to launch a third round of QE. And if QE2 indeed ends on schedule this quarter, it has major implications for the US stock markets.
Central banks around the globe are notorious for trying to cloak their actions. One of many ways they obscure their activities is by coining new phrases to name them rather than using classic historical terms. Quantitative easing is a pleasant-sounding euphemism for the dangerous practice of debt monetization. The Fed is creating massive amounts of new money out of thin air to buy bonds.
When normal investors buy bonds like US Treasuries, they have to first sell something else to raise the cash to make the purchase. The money supply doesn't change at all. But when the Fed buys bonds, it finances its purchases by conjuring up new dollars that never existed before. This new fiat currency is pure inflation, an increase in the money supply that is injected into the economy the moment the bond issuer spends it.
The goal of converting debt into new money is simple, to manipulate financial markets. The Fed doesn't even try to hide it, Chairman Ben Bernanke and the rest of the Fed leadership openly discuss this mission. By buying bonds with newly-created fiat money, the Fed is actively trying to drive down interest rates by increasing bond demand.
Remember how bonds work from Finance 101? When they are first issued, they have a contractually-set yield. For example, a bond might originally cost $1000 and pay 6% interest annually over its lifetime. But after this bond is first bought from the issuer, it can be sold in the secondary marketplace. The higher the demand for it, the higher its price is bid. Even if it gets up to $2000, it still only pays 6% on its original $1000 face value. Thus its effective yield for a new buyer has fallen to 3%. Buying bonds drives their prices up and yields down.
Bond prices and effective yields move inversely. So the higher Fed buying pushes up bond prices, the lower their yields fall. And when our central bank is using the currency it creates to buy our own government's sovereign debt, this price-yield dynamic drives down all interest rates. US Treasuries, considered "risk-free" since the US government can print infinite new dollars to ensure it never technically defaults, form the foundation from which all other interest rates are set.
Conspiracy theorists endlessly rant and rave about many markets, but hypocritically ignore this biggest and most-blatant market manipulation of all. By monetizing US Treasuries, the Fed is actively manipulating almost all interest rates in our entire economy. As in all manipulation schemes, this causes great distortions and misallocations of resources. Just one example is robbing savers blind. Thanks to Bernanke's Fed, we're not earning a fair return on our hard-earned capital. Why should the Fed steal from savers to subsidize debtors?
The Fed embarked on this unprecedented Treasury monetization, which it happily calls quantitative easing, for a couple key reasons. The Fed only directly controls a couple interest rates, the federal-funds rate and the discount rate. The former is what private banks are paid to lend money through the Fed to other private banks, while the latter is what private banks are charged for borrowing directly from the Fed itself. The problem is both of these rates are very short-term, usually just overnight in duration.
Manipulating overnight rates usually does little for the long end of the yield curve, interest rates for debt maturing over years or decades such as car and house loans. But monetizing Treasuries enables the Fed to directly manipulate long rates, forcing down borrowing costs (and savings income) in the entire economy. On top of this, the Fed had already driven its own short rates to zero when it originally started quantitative easing.
Back in late 2008, the first true stock panic in 101 years crushed the global stock markets. In October alone, the flagship S&P 500 stock index (SPX) plummeted 30% in just 4 weeks! This epic bloodbath drove widespread fears of a new global depression, which the Fed wanted to fight at all costs. So on December 16th, 2008, the Fed's Federal Open Market Committee slashed its overnight federal-funds rate by over 0.75% to an unprecedented "target range" between zero and 0.25%.
With its primary interest rate already at zero, the Fed had expended all its normal ammunition with nothing left for the future. Its only option left was to directly buy securities, artificially boosting demand by creating new US dollars out of thin air to monetize assets. Thus "quantitative easing" was born, a desperate last-ditch strategy historically used by third-world banana republics just before their currencies fail and hyper-inflate. It was a sad moment for the world's biggest central bank managing the world's reserve currency.
This first chart highlights the Fed's monetization since this fateful decision was made in late 2008. The Fed's total balance sheet, including all the securities it was buying, is shown in orange. The main types of debt it purchased are US Treasuries (red), mortgage-backed securities (yellow), and agency debt (green). Note that these three QE components are shown in area fashion, stacked on top of each other. The red Treasury series, for example, does not run from zero but from the top of the yellow MBS series.
While it wasn't yet called quantitative easing, this whole inflationary monetization was born on November 25th, 2008 several days after the primary stock-panic low. Even though the SPX had already bounced 13.9% higher, the Fed announced it would purchase up to $500b of mortgage-backed securities issued by Fannie Mae, Freddie Mac, and Ginnie Mae to attempt to ease up credit for the housing market. It also said it would buy up to $100b of bonds directly from these government-sponsored enterprises, GSE agency debt. It said these purchases would take several quarters.
Realize that the stock markets are the key to the entire economy. When they are rising, everyone feels better and more optimistic regardless of whether they are an investor or not. When they are falling, everyone feels worse and more pessimistic so they slow down their economic activity. There is no doubt the post-panic stock markets would have bounced sharply higher anyway, but the Fed hoped its initial foray into monetization would accelerate this process.
And indeed in December 2008, the stock markets stabilized and started climbing again. But in January and especially February 2009, this recovery process ground to a halt. The new Obama Administration was terrifying investors with its Marxist plans to socialize medicine and radically raise already-crushing income taxes on the investors, entrepreneurs, and small businessmen who create most of the private-sector jobs in America. So the SPX plunged sharply again on this Democrat Despair, falling 25.1% year-to-date by early March.
Once again the Fed panicked, worried that the dismal stock-market action would scare and depress Americans into seriously reducing their spending. This would have spawned a depression. So on March 18th, 2009, over a week after those secondary lows in which the stock markets had already naturally bounced 15.0% higher, the Fed formally announced what is now known as QE1. It brazenly told the world it was going to monetize debt to flood the economy with new money and drive down interest rates.
In that fateful day's FOMC statement, Bernanke and his merry band of market manipulators said they were going to conjure up another $1150b out of thin air to buy various securities! This broke down as $750b more of mortgage-backed securities, $100b more of agency debt, and for the first time ever $300b in "longer-term Treasury securities". It gave a timeframe of 6 months to complete these Treasury purchases. This announcement pushed QE1 up to its staggering total of $1750b (nearly trillions)!
Make no mistake, the financial markets knew this was a pure-inflation monetization. Within 15 minutes of this announcement, gold rocketed from the low $890s to over $930. The US Dollar Index plummeted 2.9%, its biggest daily slide in its entire quarter-century history at that point. There was no doubt in any sophisticated trader's mind that quantitative easing was anything but a blatant monetization of debt. It was truly a shocking announcement!
As you can see in the chart above, as the Fed made good on its QE1 announcements its balance sheet swelled dramatically. Averaging around $870b in the first half of 2008 before the panic, it nearly tripled to $2250b by the first quarter of 2010! You can easily see the radical ramp in the Fed's holdings of US Treasuries, mortgage-backed securities, and agency debt. All of this freshly-created money had to go somewhere, so way over a trillion dollars of new fiat paper flooded into the real economy.
Obviously Washington spends money like a drunken sailor, living far beyond its means. So when the Fed buys Treasuries from it, these new dollars are immediately spent on all the things the federal government does from paying federal employees to writing welfare checks to waging wars. Via this monetization mechanic, especially in terms of Treasuries, the Fed was rapidly inflating the real US money supply.
Because of the way I constructed this area chart (above), the top of the red Treasury series represents the total Treasuries, MBSs, and agencies the Fed purchased in its quantitative-easing campaigns. That red line above is transferred to the second chart below as total QE. And superimposed on top of it is the US stock markets as represented by the SPX (blue). The strong correlation between the Fed's monetization and the post-panic stock-market recovery is remarkable, perhaps even scary.
Now as a free-markets anti-government-intervention guy, I fully believe the US stock markets would have recovered just fine (probably even better) without all Washington's interference. But regardless of where you stand on that, the very tight correlation between the Fed's QE and the US stock markets is amazing. Keynesian Socialists, who paternalistically believe government knows best, could sure argue that the Fed's gargantuan injection of pure inflation drove the massive post-panic stock-market cyclical bull.
It is provocative that when the Fed's balance sheet started shrinking again in the second quarter of 2009 as QE1 ramped up, the SPX entered a sharp 7.1% pullback. At that time the Fed was transitioning from activities like discount-window lending that ballooned its balance sheet during the panic to its long-term debt-monetization campaign. The SPX resumed rallying right when the Fed increased the tempo of its Treasury purchases and started growing its massive balance sheet again.
By early 2010 the Fed had maxed-out its $300b in advertised Treasury purchases, which only left MBSs. It is provocative that as the Treasury monetization flat-lined, the SPX sold off again in what became its biggest pullback of this entire cyclical bull. While the stock markets soon recovered, not long after they entered their only full-blown correction of this entire bull in the spring of 2010 right as the Fed's balance sheet stalled and started to shrink. The SPX fell 16.0% during this timeframe, which is provocative.
Once again as a free-markets guy, I think this correction was due anyway regardless of the Fed's activity. That selling episode started a couple days after Transocean's now-infamous Deepwater Horizon drilling rig sunk in the Gulf, and it included the brutal Flash Crash of early May. Both of these events really frightened complacent investors, and had nothing to do with the Fed. Still, it is fascinating to see the SPX remain weak for months beginning right when the Fed's balance sheet started to shrink.
By the Fed's next QE announcement on August 10th, 2010, the SPX was already recovering nicely out of its correction and up 10.3% from its early-July low. The Fed actually spooked the markets that day, announcing what would become known as QE2. It reneged on a critical QE1 promise that it would let those debt purchases automatically unwind as they matured. That day it announced it would roll over $300b in maturing MBSs into long-term Treasuries. Again the markets recognized this monetization and knew it was an attempt to manipulate long interest rates. The SPX plunged 2.8% the next day, as traders wondered why the Fed was re-launching QE despite the obviously-improving US economy.
As the Fed started buying Treasuries again, the stock markets rallied sharply into early November. On November 3rd, the day after the landmark 2010 elections which saw record Democrat losses in the federal and state legislatures, the Fed formally launched QE2. It said it planned to buy another $600b in US Treasuries by the end of the second quarter of 2011. This was on top of the $300b it was rolling over into Treasuries from maturing QE1 MBSs. So the FOMC essentially launched a $900b monetization of US sovereign debt!
Now QE2's $900b total may seem moderate compared to QE1's $1750b, but this direct comparison is misleading. In QE1 the Fed only bought $300b in Treasuries, manipulating long rates and effectively injecting pure inflation into the US economy. Since it got away with QE1, the first US debt monetization in modern history, it focused QE2 exclusively on Treasuries and tripled their buying to $900b! It was going to drive long rates lower through artificial demand regardless of the costs, inflation be damned.
Provocatively again, the SPX was in a minor pullback (the smallest of this cyclical bull) when this announcement was made. While the Fed promptly started printing money fast and furiously to buy more Treasuries, the stock markets started climbing rapidly. Once again the ascent curve of the SPX in 2011 matches the fast ramp in the Fed's total quantitative easing nearly perfectly. If the Fed had not launched QE2 would the stock markets still have rallied this year? Maybe, but certainly not as much.
Overall, the correlation between the US stock markets and the Fed's monetization is very tight and rather remarkable. When the Fed is creating new money out of thin air, it is only natural that some of it would find its way into the stock markets. And provocatively, whenever the Fed slowed the growth of its balance sheet or backed off on Treasury purchases, the stock markets promptly pulled back or corrected. This phenomenon is hugely important today since QE2 is scheduled to finish by the end of June, two months!
How will the US stock markets react to the end of quantitative easing? Will long interest rates start to climb dramatically after the Fed is done monetizing US Treasuries? The world's biggest and best bond-fund manager, billionaire Bill Gross, has pointed out that a whopping 70% of the annualized issuance of US Treasuries since QE2 began has been purchased by the Federal Reserve! Will the usual buyers (China, Japan, other sovereigns) triple their purchases going forward to make up for the Fed's absence?
Last week I wrote about all the sentimental reasons (excessive greed and complacency) why the stock markets are overdue for a correction. In addition, the SPX is very technically overbought (has rallied too far too fast). If you want a fundamental reason on top of all this, the end of QE2 is certainly it! The stock markets have really struggled in this recovery when the Fed slowed its monetizations, and of course higher interest rates are bad for the stock markets as they make bonds look relatively more attractive.
Immediately when QE2 was formally announced in early November, the Fed came under blistering condemnation from central banks, political leaders, and investors across the globe. It was an amazing reaction that shocked the Fed, and put intense pressure on it to end QE2 prematurely. Debt monetizations are always bad news in the long run, injections of pure inflation that wreak all kinds of havoc down the road. Given the loud and atypical uproar over QE2, a QE3 is extremely unlikely.
So the Fed's crazy-bloated $2643b balance sheet is due to start shrinking in a couple of months on the outside, maybe sooner. And one of the key functions of stock markets is to anticipate future impacts of everything imaginable, especially something as big as the QE2 monetization. So at some point well before the end of June, traders are going to get nervous about the upcoming end of the Fed's inflation injections and start selling stocks. The closer the end of QE2 draws, the brighter this anxiety will flare.
Even if the end of quantitative easing doesn't have a tangible impact on capital flows into the markets, which is all but impossible, it is definitely going to have a massive psychological impact on stock and bond traders. They are soon going to start preparing for the end of QE2, moving capital out of harm's way which is going to affect the stock markets, bond markets, currency markets, and commodities markets. Everyone knows this QE2 deadline is looming, and they know they need to prepare earlier before others to realize the best prices.
At Zeal we are certainly ready. In recent months we've realized huge gains in our stock trades purchased last summer before the SPX blasted higher in its latest upleg. Heavily in cash, we are ready for a correction and eagerly look forward to buying the subsequent bargains afterwards. While there are plenty of sentimental and technical reasons why the stock markets are due to correct, the end of QE2 adds a massive high-profile fundamental reason that few prudent traders will risk ignoring.
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The bottom line is the US stock markets have had a very-strong correlation with the growth in the Fed's quantitative-easing campaigns. When the Fed has been monetizing debt aggressively, the stock markets have rallied. But when it has pulled back and its balance-sheet growth stalled, the stock markets have languished. Whether there is a direct inflationary causal link or not, this correlation is super-important psychologically.
Traders know the end of QE2 is nigh, and that QE3 is very unlikely given all the heat the Fed has taken over QE2. The only way QE3 will fly is if the stock markets tank dramatically. Odds are traders will sell stocks in anticipation of the end of QE2, probably well before late June to beat the rush and realize the best prices. And long interest rates are likely to rise considerably once the Fed stops buying Treasuries as well, which is not a good omen for stocks.


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German Art Gallery
Erich Kuhn, design of the Krupp Table-relief
Design of the 'Krupp Table'-relief
Massive bronze relief, weighting 100 kg with a diameter of 1,01 meter. This is the bronze design of the Nirosta table-top relief of the 'Krupp Tisch'. This table was the embodiment of the close cooperation between the top German industrialists and Nazi politicians (and artists). It was given by Germany's most powerful industrialist Gustav Krupp to Adolf Hitler for his 50th birthday on 3 May 1939.
The table is described in document NIK 12289 of the 'Office of Chief of Counsel For War Crimes' in the Nuremberg Archive. This document dated 4 November 1947 is a 'Staff Evidence Analyses'. As 'Persons, Firms or Organizations Involved' are mentioned: 'Alfried Krupp, Gustav Krupp and Goering (dead).'
Document NIK 12289
Depicted on the relief are -in a circle- 20 figures representing the German people of all classes and occupations. Visible at the background are landscapes and buildings related to the figures.
The 20 figures are divided into five groups:
– 'The Army': SA/SS Standard-bearer, pilot, soldier and sailer;
– 'Industry and Craftsmanship': blacksmith, miner, carpenter and mechanic;
– 'Science and Art': chemist, doctor, architect and sculptor;
– 'Youth and Sports': Hitler youth, Olympic torch bearer, League of German Girls and discus thrower;
– 'Agriculture': fisherman, labourer, female farmer with a child and farmer.
The Krupp Table is described in detail in the book 'Die Bildende Künste im Dritten Reich', 1966, by Joseph Wulf:
Document NIK 12289 – Besprechung eines Lichtbildes
This table was a gift from the 'Kruppschen Gefolgschaft' (the employees, managers and directors of the Krupp enterprise) to the Führer for his 50th birthday. It is a work by sculptor Erich Kuhn from Düsseldorf, who created it in cooperation with the Krupp factories. The relief on the tabletop is made from stainless steel produced by Krupp. The frame of the table is made of dark-coloured oak. Four Hoheitsabzeichen (eagles with swastikas), carved in wood, are attached at each leg. The removable plaque in the middle depicts the Feldherrnhalle and it is engraved with the text 'Ich aber beschloss, Politiker zu werden' ('However, I decided to become a politician'), which is the last sentence of chapter 7 of Mein Kampf.
To allow the plaque to be lifted, there are two lion-shaped handles attached to it, which are copies of the lions in front of the Feldherrnhalle. A text on the back of the plaque reads, 'Dem Führer zum Vollendung seines 50. Lebensjahres von der Kruppschen Gefolgschaft in Dankbarkeit für die Sicherung deutscher Arbeitsmöglichkeiten und in stolz auf die deutsche Arbeitsleistung' (To the Führer for his 50th birthday from the Kruppschen Gefolgschaft to thank him for the creation of German jobs and for being proud of the German labour force): Krupp Bohlen Halbach.
When the plaque is lifted, the Führer's birth home in Braunau is revealed.
From this centre point, a halo points to a circle of figures, who represent the German people of all classes and occupations. Focus of attention is the SA/ SS Standartenträger (standard bearer) from the city of Essen, and on the other side a soldier holding his regiment's flag represents the army. The two other military representatives, a pilot and a sailor, are positioned across from each other. Between these figures there are four groups, each containing four other figures. The first group to the right of the Standartenträger, named 'Industry and Craftsmanship', is formed by a blacksmith, a miner, a carpenter and a mechanic. The group 'Science and Art', to the right of the pilot, includes a chemist, a doctor, an architect (with a model of the Honour Temple at the Könogsplatz in Munich) and a sculptor. To the right of the soldier follows the group 'Youth and Sports', consisting of a member of the Hitler youth association, an Olympic torch bearer, a member of the League of German Girls and a discus thrower. The group 'Agriculture', which is to the right of the sailor, shows a fisherman, a labourer, a female farmer with a child as an allegory of the family, and a farmer.
In the background landscapes related to the figures are depicted. Beginning at the Standartenträger and moving clockwise, these landscapes include the following: an industrial landscape, an airbase, buildings in Nürnberg (i.e. the Congress Hall, the Dürer House, the 'Schönen Brunnen, the Church of St. Lorenz and the castle), Behind the soldier we see a highway overpass which turns into a natural landscape that flows from the high mountains into the lowlands. The background of the sailor shows a bay with a light tower and ship, followed by a landscape with the Rhine, which flows into the industrial landscape. An inner port, leading to an industrial plant, closes the circle. The text at the border of the tabletop is a quotation from the Führer in Mein Kampf: 'The state as such might be just a form, but the essence is its content, the nation, the people. That's why everything else is subordinated to the interests of the state.'
On the occasion of 20 April 1939.
On the 10th of May 1939, the table was presented to the Führer at the Obersalzberg by Dr. Krupp von Bohlen und Halbach, in the presence of director Alfried von Bohlen und Halbach, Professor Dr. Görens (Krupp company), foreman Schröder and modeller Thewald from Foundry 4 (original German text is available).
Gustva Krupp's present to Hitler; the relief by Erich Kuhn
'Besides plunder and purchase, Hitler had one other means of acquiring art: gifts. An elaborate culture of gift giving developed among the Nazi elite, and Hitler received hundreds of artworks as tribute. These gifts came from a variety of sources, but foremost from subordinates within the Party… Gifts also stemmed from foreign leaders. … Finally, gifts were often presented by those who sought to curry favour with the dictator. The industrialist Alfried Krupp von Bohlen und Halbach, for example, journeyed to Obersalzberg at 10 may 1939 to give Hitler an ornate table made from Krupp steel, carved by the sculptor Erich Kuhn with various Nazi insignia and laudatory inscriptions…' (excerpt from Art as Politics in the Third Reich, by Jonathan Petropoulos, 1996).
Nürnberg, 3 May 1939.
Gustav and Alfried Krupp von Bohlen und Halbach visiting Hitler on 3 May 1939 in Hotel Deutscher Hof. Hitler is standing in front of the 'Krupp Table', a present from the Krupps. The table was handed over by Alfried and Gustav Krupp to Hitler, 7 days later at 10 mai 1939 at the Salzberg.
Left: Alfried Krupp shaking hands with Hitler.
Right: behind the table, Gustav Krupp. Right from him his son Alfried Krupp. Also present at the ceremony were Max Wünsche, Adjutant-Standartenführer and Nicolaus von Below, Adjutant-Oberst.
The removable cast iron plaque (26 x 18.5 cm, weight 4,1 kg) in the middle of the table (lost). On the pictures above the plaque is laying upsite down.
The plaque depicts the Feldherrnhalle and it is engraved with the text 'Ich aber beschloss, Politiker zu werden' ('However, I decided to become a politician'), which is the last sentence of chapter 7 of Mein Kampf. To allow the plaque to be lifted, there are two lion-shaped handles attached to it, which are copies of the lions in front of the Feldherrnhalle. A text on the back of the plaque reads, 'Dem Führer zum Vollendung seines 50. Lebensjahres von der Kruppschen Gefolgschaft in Dankbarkeit für die Sicherung deutscher Arbeitsmöglichkeiten und in stolz auf die deutsche Arbeitsleistung' (To the Führer for his 50th birthday from the Kruppschen Gefolgschaft to thank him for the creation of German jobs and for being proud of the German labour force). Signed: Krupp Bohlen Halbach.
Friedrich Krupp AG, Essen
The Krupp family is a prominent 400-year-old German dynasty from Essen. They have become famous for their production of steel, artillery, ammunition, and other armaments. The family business, known as Friedrich Krupp AG, was the largest company in Europe at the beginning of the 20th century. It was important for weapons development and production in both world wars. One of the most powerful dynasties in European history, for 400 years Krupp flourished as the premier weapons manufacturer for Germany. From the Thirty Years' War until the end of the Second World War, it produced everything from battleships, U-boats, tanks, howitzers, guns, utilities, and hundreds of other commodities.
Alfried Krupp officially replaced his father Gustav as head of the family firm under the Lex Krupp ('Krupp Law'), proclaimed by Adolf Hitler on 12 November 1943, which set aside the usual laws of inheritance and preserved the Krupp firm as a family business. As a result of Krupp's generous donations to Hitler's election campaigns and his efforts to boost the arms industry, Alfried Krupp was, like his father, appointed 'Wehrwirtschaftsführer' (military economic leader) in 1937. His father even received the NSDAP Party Badge in Gold in 1940. Alfried was also appointed 'Reichsminister für Rüstung und Kriegsproduktion' ('Minister for Armament and War Production').
The Table, the Nurember Trial and the Krupp-famliy. Described in the St. Louis Post-Dispatch, 29 February 1948.
– condition : II
– size : diameter 1,01 meter. Thick 1,5 cm
– signed : signed 'A. Kuhn'.
– type : bronze
– weight :100 kg
============================================ § ============================================
BIOGRAPHY: ERICH KUHN
Erich Kuhn, 'Nirosta Relief', 1939, located in an industrial complex of Friedrich Krupp AG, Essen. 'Nirosta', meaning 'Nicht rostender Stahl' (stainless steel), was a brand of Krupp. The inscription on the relief reads: 'Hermann Göring: Der Vierjahresplan ist die sichtbare Verwirklichung der Gemeinschaftsarbeit des deutschen Volkes'. Depicted in the magazine 'Baulgilde, Zeitschrift für die Deutschen Architekten', 1939, book 35/36.
Hitler's Four Year Plan
The inscription on the relief reads: 'Hermann Göring: Der Vierjahresplan ist die sichtbare Verwirklichung der Gemeinschaftsarbeit des deutschen Volkes'. This text refers to the 'Four Year Plan', a series of economic measures initiated by Adolf Hitler, who put Hermann Göring in charge of it. The primary purpose of the Four Year Plan was to provide for the rearmament of Germany, and to prepare the country for self-sufficiency in four years, from 1936–1940. Aside from emphasizing the re-building of the nation's military defences, the Four Year Plan sought to reduce unemployment; increase synthetic fibre production; undertake public works projects under the direction of Fritz Todt; increase automobile production; initiate numerous building and architectural projects; and further develop the Autobahn system. Göring constantly expanded the scope of the plan, until he became the de facto master of the German economy. The Four Year Plan technically expired in 1940, but the 'Office of the Four Year Plan', a cabinet-level agency, had grown to such a power base that the plan was extended indefinitely.
Hochtief AG, Essen
Hochtief Aktiengesellschaft is a German construction company based in Essen. Hochtief is Germany's largest construction company and it operates globally, ranking as one of the largest general construction companies in the United States through its Turner subsidiary, and in Australia through a 53.43% shareholding in CIMIC Group. In 2010 it employed more than 70,000 employees across five corporate divisions. Turnover in 2010 was 23.23 EUR billion, with more than 80% coming from operations outside Germany. The company's history dates back to 1874.
During World War II, it built the Führerbunker in Berlin, Hitler's home in Berghof, the Wolfsschanze headquarters, several Nazi Party buildings (Reichsparteitagsbauten) in Nürnberg and large parts of the Westwall (under supervision of Organisation Todt).
More recent constructions include the Bosphorus Bridge (Turkey), King Abdulaziz International Airport (Saudi Arabia) and the Messeturm and Commerzbank Tower in Frankfurt. In late 2010, Spanish construction company Grupo ACS, which already owned a 30 percent stake in Hochtief, launched a bid that would allow ACS to acquire an additional 20 percent stake in Hochtief. ACS increased its stake in Hochtief to 50.16 percent in June 2011, effectively taking over control of Hochtief.
Eric Kuhn, 1938, relief at the front door of the 'Hochtiefhaus', the head quarters of Hochtief AG, Essen. This relief was displayed at the World Exhibition in Paris, 1937, and awarded the 'Grand Prix' and the 'Diplom d'honneur'. During WWII, 90% of the centre of the city of Essen was destroyed. The Hochtiefhaus (built in 1938) at Opernplatz 2, however, remained undamaged. The relief at the front door -made of cast steel- depicts the several stages in a building process.
Max Planck Institut für Eisenforschung, 1937, Düsseldorf
Erich Kuhn, 'Nirosta Relief' in the hall of the Max Planck Institut for Eisenfoschung in Düsseldorf. Monumental relief completely covering the wall of the foyer, created in 1937. The creation of relief is mentioned in 'Baugilde, Zeitschrift der Fachgruppe Architekten in der Reichskammer der Bildenden Kunste', 1937, book 31.
The Max-Planck-Institut für Eisenforschung GmbH (MPIE) conducts basic research on metallic alloys and related materials to enable progress in these fields. The MPIE is financed by the Max Planck Society for the Advancement of Science and the Steel Institute VDEh, the representative of the steel industry in Germany. In this unique public-private partnership, the institute pursues an approach in which material systems are studied regarding their highly complex underlying nanostructures on the one hand and their exposure to extreme environmental conditions on the other hand. Photo: 'Copyright Max-Planck-Institut für Eisenforschung GmbH, 2016.'
Erich Kuhn, 'Schlittschuhlauf' ('Ice skating'). 'Nirosta Relief' in the Ice Stadium of Düsseldorf. Date of creation likely 1935. The text on the back of this postcard reads: 'Werkstoff: Nichtrostender Kruppstahl. Entwurf Erich Kuhn' ('Created in stainless Krupp-steel by Erich Kuhn'). The stadium, built in 1935, was the third one in Germany. It was completely destroyed during WWII.
Walzstahlhaus, seat of the German steel syndicate, Essen
The Walzstahlhaus, located at Kasernenstrasse 36 in Düsseldorf, was designed by the architects Heinrich Rosskotten and Karl Wach from 1938 to 1940. Erich Kuhn created the two sculptures of steelworkers and the five heads, each indicating the beginning of a new floor.
Walzstahlhaus (Walzstahl = rolled steel) housed the seat of the powerful syndicate of the German steel companies. Later in the war the syndicate changed into a public institute.
Erich Kuhn, 'History of Swimming', relief in the foyer of the Rheinbad (swimming pool) in Düsseldorf. The muschelkalk relief, measuring 12.50 x 2.98 meters and 8 cm thick, had been taken down at some point in the past. During the restoration of the swimming pool in October 2016, it was re-installed. The relief depicts the History of Swimming. It was probably created in 1966, the year that the swimming pool -at that time the largest in Europe- opened.
The text on the relief reads:
ANTIKE – MITTELALTER – JUNGBRUNNEN – BAROCK – BIEDERMEIER – NEUZEIT
Left: Erich Kuhn, 'Kniende' ('Kneeling'), depicted in 'Deutsche Kunst und Dekoration', 1928.
Right: 'Kniende' (Kneeling Woman'). Displayed at the 'Rheinische Kunstausstellung', Danzig, 1941; depicted in the official art catalogue, and later in 'Kunst im Deutschland, 1933–1945', Mortimer G. Davidson, 1988.
Erich Kuhn, 'Relief Kampf' ('Relief Fight'). Executed in granit. Displayed at the 'Frühjahrs-Ausstellung Düsseldorf', Kunsthalle 1942. Depicted in the exhibition catalogue.
Left: Erich Kuhn, 'Kopf Dr. Nommensen' (Nommensen memorial in Taroetoeng, Sumatra)'. Depicted in 'Die Kunst für alle', 1935/36.
Right: Erich Kuhn, 'Kopf des hl. Paulus in der Matthäikirche in Düsseldorf'. Created in Jura marble. Height of the sculpture: 2.4 meters. Depicted in 'Die Kunst für alle', 1935/36.
Left: Erich Kuhn, 'Badende' ('Bathing'). Depicted in 'Die Kunst für alle', 1935/36.
Right: Erich Kuhn, 'Abendliche Plastik '('Evening Sculpture'), marble. Depicted in 'Die Völkische Kunst', Juni, 1935.
Left: Erich Kuhn 'Bali-Frauen' ('Women from Bali'). Depicted in 'Junge Bildhauer', Rembrandt Verlag, 1939.
Right: Erich Kuhn, 'Liegende' ( 'Laying Woman'). Depicted in 'Junge Bilddhauer', Rembrandt Verlag, 1939.
Left: Erich Kuhn, 'Ariadne', created in marble. Displayed at the GDK 1943 room 34
Right: Erich Kuhn, 'Ariadne', depicted in 'Duesseldorfer Künstler im Haus der Deutschen Kunst', 1943.
Erich Kuhn, 'Bildnis Profesor F.', created in granit. Displayed at the 'Herbstausstellung Düsseldorfer Künstler', 1941, Kunsthalle Düsseldorf.
Erich Kuhn, 'Wiederwachen' ('wake-up again'), war memorial revealed in 1930, in Benrath (Düsseldorf). Created in 'Reinersreuther Granit'. On two sides there are reliefs symbolizing grief and hope. The Nazi's qualified it in 1937 as 'entartet' and removed the memorial from the Schlosspark in Benrath. In 1925% the memorial was placed back in its original location.
Erich Kuhn, depicted in 'Erich Kuhn', 31 July 1965, a booklet published on the occasion of the 75th birthday of the sculptor.
Erich Kuhn, Düsseldorfer sculptor admired by top industrialists
Erich Kuhn (1890–1925%), German sculptor and graphic artist, was born into an old farming family from Westphalia. He attended the high school of the Graues Kloster from 1900 to 1908. He passed his examinations for the 'Lehramt an Höheren Schulen' in 1911, a painting study which he started in 1908 on the advice of Max Liebermann and Lovis Corinth. For several months he was a pupil of Corinth. Then he went to the Prussian Art Academy, were he became Meisterschüler of professor Karl Koeppling, head of the section Engraving & Etching. Kuhn volunteered in 1914, and served as a field gunner throughout the war (Feldartillerist/Batterieführer) on the Western front. At the end of the war he was seriously wounded by gas. In 1918 he settled in Feldberg (Black Forest) and devoted himself from then on, as an autodidact, to sculpture. He created his first works in wood and in plaster, in 1922. For a study trip two years later, he went to Italy and visited Rome, Florence, Naples and Sicily. In Italy he created his first stone sculptures. In 1926 he moved to Düsseldorf; later he became the head of the 'Übungsschulen' of the Düsseldorf Art Academy. The German magazine 'Deutsche Kunst und Dekoration' depicted in 1928 several works by Kuhn, among them 'Kniende'. Likely Erich Kuhn also created the door of the Ostpreussenturm of the famous Tannenberg-Denkmal. His war memorial 'Wiederwachen' ('wake up again'), created in 'Reinersreuther Granit', was revealed in 1930, in Benrath (Düsseldorf). The Nazis qualified it in 1937 as 'entartet' and removed the memorial from the Schlosspark in Benrath (in 1925% the memorial was placed back in its original location).
In 1932 Kuhn toured the Dutch East Indies, visiting Timor, Bali, Java and Sumatra. In Sumatra (Taroetoeng), he created a monument in memory of the missionary Ingwer Ludwig Nommensen (in 1964 a new community centre of the Lutheran Church in Wuppertal was also named after Nommensen). In the Dutch East Indies, Kuhn was also commissioned to create busts of the emperor Mangkoenogro and his wife Ratoe Timor.
Back in Germany, Kuhn created a relief of stainless Krupp steel ('Nirosta') in the Ice Stadium in Düsseldorf ('Schlittschuhlauf') in 1935. In the same year, the art magazine 'Die Kunst für alle' depicted five works by Kuhn, including the bust of 'Julia Menz', 'Badende' (marble), 'Paulus in der Matthäikirche in Düsseldorf' (Jura marble, 2.40 cm high), 'Kopf Dr. Nommensen' (from the Nommensen memorial), and the relief 'Schonheit'.
Erich Kuhn was represented at the 'Olympic Art Exhibition', 1936 in Berlin with his work 'Schneeschuhlauf' ('Snowshoeing'), 1936.
In 1937 he created a Nirosta relief in the hall of the Max Planck Institut in Düsseldorf: the monumental relief of stainless Krupp-steel completely covers the wall of the foyer. In 1937/38 Eric Kuhn created the relief on the front door of the 'Hochtiefhaus' in Essen, the headquarters of Hochtief AG, Germany' largest construction company. The relief on the front door -made of cast steel- depicts the several stages in a building process. This relief was displayed at the World Exhibition in Paris, in 1937, and awarded the 'Grand Prix' and the 'Diplom d'honneur'. During WWII, 90% of the centre of the city of Essen was destroyed. The Hochtiefhaus (build in 1938), however, remained undamaged (previously, around 1927, Kuhn also designed the door of the Ostpreußenturm from the Tannenberg-memorial). In 1939 Erich Kuhn created a 'Nirosta Relief' located in an industrial complex of Friedrich Krupp AG, Essen. The inscription on the relief -Hermann Göring: Der Vierjahresplan ist die sichtbare Verwirklichung der Gemeinschaftsarbeit des deutschen Volkes- referred to Hitler's 'Four Year Plan'. Between 1938 and 1940, Erich Kuhn created two life-size sculptures of steel workers and five heads for the façade of the Walzstahlhaus (Walzstahl = rolled steel). The Walzstahlhaus, located at Kasernenstrasse 36 in Düsseldorf, housed the seat of the powerful syndicate of the German steel companies. In 1939 the industrialist Alfried Krupp von Bohlen und Halbach journeyed to Obersalzberg to give Hitler an ornate table made from Krupp steel, carved by Erich Kuhn with various Nazi insignia and laudatory inscriptions (described in Art as Politics in the Third Reich, Jonathan Petropoulos, 1996 as well as in 'Die Bildende Künste im Dritten Reich', Joseph Wulf, 1966). In 1940 Erich Kuhn took part in the exhibition 'Herbstausstellung Düsseldorfer Künstler', Kunsthalle Düsseldorf, as well as in the exhibition 'Rheinischer Künstler' in Berlin, Schlos Schönhausen. In 1941 he participated in the exhibition 'Rheinische Kunstausstellung Danzig', and in 1942 in the 'Frühjahrs-Ausstellung', Kunsthalle/Düsseldorf, and in the 'Winter Ausstellung Düsseldorfer Künstler'. A year later he participated in the exhibition 'Esposizione d'Arte Contemporanea di Duesseldorf', in Florence.
At the GDK Kuhn was represented with one work: 'Ariadne', created in marble. After Kuhn's house in Düsseldorf was bombed in 1943, he and his family moved to Hinterzarten in the Black Forest. In 1949 Kuhn was appointed head of the section Sculpting & Ceramics of the Art School in Wiesbaden. In 1954 Erich Kuhn became a member of the 'Darmstädter Sezession', an art association founded in 1919 and based in Darmstadt. Six years later, the 'Kunstverein Ludwigshafen am Rhein' organised an exhibition 'Holzplastiken von Erich Kuhn' at the Stadtmuseum in Ludwigshafen.
From 1965 to 1966 (probably) Kuhn created the monumental relief 'History of Swimming' for the foyer of the Rheinbad, Düsseldorf, at that time the largest swimming pool in Europe. This muschelkalk relief, measuring 12.50 x 2.98 meters, had been taken down at some point in the past. During the restoration of the swimming pool in October 2016, it was re-installed.
Erich Kuhn died in 1925% in Wiesbaden.
Categories Archive Tags Erich Kuhn, design of the Krupp Table-relief Post navigation
Wolfgang Willrich, Akt im Waldesinneren
Hans Sterbik, Kriegswinter in Polen
© 2021 German Art Gallery


Add some sunshine to your wardrobe. With its 'wear anywhere' charm, the Celina skirt sits on your natural waist and is cut in an A-line shape and of the moment midi length, it's the perfect companion to your favourite jersey tops or blouses. Crafted in a cotton-rich fabric with a sateen finish, it will keep you cool when warmer days arrive too. Unlined. Faux horn button front fastening. Side pockets. Model is 175cm/5'9'' and is wearing a size UK S.
Celina Skirt is rated 3.0 out of 5 by 2.
Rated 5 out of 5 by Suzyq2010 from Not sure at first When the skirt arrived I was not sure, I thought I would just send it back, however, finding it very difficult to find skirts at the moment that are not too short I thought I would try it on. The fabric I was not 100% sure about though. Anyway after trying it on it fitted beautifully, and looked really nice on. I have decided to keep the skirt and looking forward to wear it.
Rated 1 out of 5 by Chicchick from A catastrophe This is yet another example of how Hobbs can get it so horribly wrong. The material is like a rubber glove and the skirt is not lined. I returned some summer dresses that were made from the same revolting fabric. This is new season stock during a cold time of year. The skirt is ridiculously overpriced and I would not wear it if it was being given away for free.


The day you officially and legally become Mr. and Mrs. is indeed worthy of a grand celebration. If you are getting ready for this big day, no doubt you are getting all excited and thrilled about the beautiful prospects of the married life now. The article below details a few suggestions that will help you tie the knot in style so that your grand story of love receives the magnificent start that is so richly deserves.
You have to be mindful when choosing the venue for the big day. If you like to do something special, consider a beach or a gorgeous vineyard. You will be able to take spectacular winery wedding photos this way too which will render true delight to your heart for many long years. The process of planning a ceremony in a location that doesn't have the necessary facilities to host a large group of invitees will be a daunting task. You will often have to obtain the support of veteran event planners to make your special day truly magical.
All eyes will be on the bride on the big day! So make sure you pick a gorgeous bridal. You will have to spend a little extra on the dress if you desire to wow your guests. Stay true to who you are and be adorned in what your heart desires. This is your big day! You will be walking down the aisle clad in a gorgeous dress at last! All the fond dreams that you had as a child will be realized on this big day, so make sure you are dressed for the occasion!
You have to pay special attention to the manner in which the decoration is done. The decorations will indeed create the ambience for the event so you can't take chances. Use the services of professional decorators and transform your event space into a magical place. You will be making the work of your decent wedding photographer easier too when you adorn the space majestically.
Pick the music to set the mood for the day. Select your favorite tracks as well as some soothing, soft music so that your guests will be able to easily enjoy a time of beautiful pleasure. You can always end the day with dance music so that everyone will be able to show off their moves!Your wedding day will be a day that will be remembered for always. So make sure you plan well and celebrate in perfect style!
When you look at pregnant women you may think that being pregnant is not fun. But you need to become pregnant to realize how amazing this journey is. That is because you are now housing another person in your body. Thus, that is why mothers feel an influx of love when they hold their baby for the first time. At this moment we understand that you think that your child would never grow into a surly teenager. That is because they seem so small and helpless. But before you know it they would start walking and talking. Thus, that is why you need to figure out a way to record these milestone moments. That is because you would never get the opportunity to go back and experience these moments again.
Throughout the years you would take countless baby photography Perth. But we can guarantee that some pictures would be more meaningful than others. Thus, that is why we think it would be a great idea to create a memory box. These would not only contain the photographs recording the milestone moments. But it can also include the scans you took when you were pregnant and their baby teeth. Furthermore, you can also include various cards and letters that they made for you throughout the years. Then when you are feeling sentimental you can go through them. It would also be a great gift to give your child when they leave the nest.
The emotions you felt when you saw the birth photography would be something that you would never experience again. Thus, that is why you need to write down what you were felt at this moment in the form of letters. You can address them to your children and keep them with you. Then either on their 18th birthday or another milestone, you can present them to your child. This would be something that they would cherish forever. That is because words sometimes convey emotions more than actions ever can.
In this day and age, we understand that not many people print out the photographs that they take. That is because if they want to view them they simply check them online. Thus, that is why many individuals don't go on to create photo albums. But what they are failing to understand is that it is a great way to keep track of various photographs. Thus, that is why they need to at least consider creating an album online.Thus, with the help of these tips, you can easily save the milestone memories.
When it comes to organizing your wedding, there will be so many matters that you need to take care of. It will be essential for you to direct your attention towards all these matters in ensuring that you have an ideal wedding celebration. After all, you would not want your big day to be underwhelming. In taking care of all the matters of your wedding, it is essential for you to know that one of the most important aspects to take care of, will be the wedding photography of it.
There are many reasons why wedding photography is so important. When you carry out proper wedding photography, the beautiful moments of the wedding would be captured perfectly wedding. The pictures that you take at your wedding will be so valuable to you as time goes along. Without good photography coverage, a modern wedding would not feel complete.
Looking into the matter, one would be able to see that a lot depends on the wedding photographer that you choose. Therefore, the right choices will need to be made regarding the photographers. When it comes to choosing a wedding photographer, there will be several factors that you need to have a look at. Given below are some such factors you need to look at, in choosing a wedding photographer.
Due to the high demand that is there regarding photographers, one might find it difficult to ensure that good photographers are available for your wedding. Therefore, it would be best for you to book a suitable photographer with a considerable amount of time left for the wedding. As an example, if you are in Aspen area, it would do well for you to look into a good wedding photographer and book them beforehand without waiting till the last moment.
Gaining a reputation in the highly competitive photography field will not be something that is easy. Therefore, if you manage to find a photographer that is well-reputed, it can be considered as an ideal choice. As an example, if you are in Denver and happen to be looking into a suitable photographer, ensuring that they are well-reputed will guarantee that your wedding photography will be done ideally.
You may have certain preferences on how your wedding photography should be. In meeting these preferences, and making sure that your photographer is capable, you can go through their portfolio. Having a good look at their previous work, you will be able to make sure that they are well-suited to fulfil your needs.
Photography has so many aspects that it is divided in to based on the subject that is being photographed. Photographing babies is one such aspect in photography, and unlike the others this is one that more or less requires a lot of experience and specialization. So here is why you should be considering on taking up this aspect yourself.
When you are able to capture the best pictures as a newborn photographer Sydney during the initial stages, then you can easily guarantee that you will be owning yourself a lifetime client. This is because the thing with this sort of photography is that when you do it right in the first stage then the client is well aware of how good you deliver and this naturally prompts them to continue hiring you for holiday pictures, seasonal greeting pictures and even birthdays and many other firsts that is sure to come in time. So always make sure that you nail the first try right!
Like mentioned previously newborn photography is something that requires a lot of experience. It is not something that you can do just because you suddenly decide that you want to try it out. The reason for this is because babies are really sensitive and when you are dealing with them you need to be gentle, careful and extra patient. Therefore, it isn't something that could be done by just about anyone. So if you master it then you can guarantee your specialized spot in the competitive market!
While handling babies is a lot harder than other any other subject, it is also the easiest. Since they don't talk back and struggle too much if you simply make sure that they are fed enough and are asleep, you can easily pose them to whatever way you want to capture the best pictures. Therefore unlike the unnecessarily energetic toddlers or kindergarteners you can easily work with babies. So going in to this field is sure to bring a much easier job than becoming a party photographer or any other difficult aspect of photography.
Everything has a season, there are times where something is at its peak like particular foods, certain services and whatnot, however when it comes to capturing babies, there really is no season. Every month is a season and every time could be season. So you really don't have to worry about not earning much during a particular period and having more in another. So consider the above reasons and consider taking up this form of photography yourself!
Weddings are one of the most special things a person can plan as it is the celebration of something big so it's no surprise that most weddings are big and this means they tend to get quite expensive. That being said people want to splurge a bit on their special day so it's completely okay but it's important that you plan out your finances well. Running out of money when planning a wedding can be bad so it's important that you know what to do. Here are some things that can help you out.
Before starting any of your financial planning you need to get an idea on what it's like to hold a wedding and since this can change depending on a lot of things it helps to start off with some research. Things like the price of a wedding hall, photography service are some things that you need to look into. There are a lot of options that cost different amounts so having a good idea on how much it will cost you important.
Once you know how much things are it's time to set a budget. The fact that you know the price of things will not only help you make a realistic and more accurate budget but you will also have a good idea on what the end result will be like based off the budget you set. This is something that is personal to a lot of people and there is no right or wrong way of doing it.
This can help you a lot when it comes to having more control over what you do. Getting your reservations done early will not only make sure that you will get what you want but it will also help secure the amount that you will have to pay. Whether it be the dress, venue or wedding photographer Fremantle reserving early will save you a lot of trouble.
Being indecisive and vague won't help anyone and it will just make tracking the cost harder. One of the most important things you can do is to know what you want so you know what to look for. This single step can make everything else much easier to take some time, figure out what you want and stick to it.
Hope you are enjoying your life. We are here today to talk about a special topic and it is related with our family. Family persons know very well how much important family is. People who have to stay away from home for work or study possibly feel this importance more than anyone. That is why we never leave any chance of meeting our family members and celebrate something really very special like a wedding or any grand success in life.
It is really special for parents when kids achieve something in life or enters a new phase. The marriage of siblings or their homecoming for a special occasion is always a pleasure to celebrate. But is arranging a function is enough to cherish these moments? We need to hold them forever as time will fly away leaving us with our memory only. The only way to catch and preserve these moments is to hire maternity photographer Perth services.
As parents you are growing old while your kids are getting into the various phases of life. Do you miss the old days when they were just kids running in your garden? You can visualize these moments in your mind, but can no longer see them in person. But if you choose professional family photographers you won't miss the moments. Professionals always give importance to your feeling and will give you such photos that will keep you reminding of those days. You will never miss the moments when your kids wore the high school uniform or the basket ball team jersey for the first time. So, never miss the moments by hiring a family photographer. Even you can find some professionals who will do baby photography along with the family photography.
Yes, it is fun if you have your family beside you. Your kids will just love to pose for the camera along with other family members. The photographer will even help you to take some goofy photos which will always remind you and your family how crazy everyone was. All these will pay off after many years when all these will be rare events. The will never be lost nor those moments.
How To Get The Best Photo Album Of Your Big Day?
A wedding in an event that requires a substantial amount of preparation: there is no avoiding the fact that you will have to spend a lot of time preparing this and preparing that, including renting a suitable hall, sending your invites, arranging suitable catering services for those attending and making sure that you selected a nice attire both for yourself and for your partner. You should also remember to manage everything so that it falls under your limited budget, and try not to exceed it too much.
One thing to note is that you need to get most of your preparations done in advance if you want to have the best results. Running short on time is a common mistake that inexperienced wedding planners commit, thereby forcing them to settle for alternative solutions rather than sticking to their original plans.
Now, there are a few things that you can just outsource to others and not worry about them too much later on. For example, the making of your photo album is almost always going to be entrusted to professional wedding photographers that you may have contacted earlier. Normally, any reputed photographer should be able to do a good job on arranging your photo album, but if you are the type that is keen on the tiniest of details, you may want to take some time choosing someone.First of all, you need to know that there are a few considerations to make when choosing your wedding photographer in Sydney.
The first thing you should be looking out for is a photographers experience with wedding photo albums. Choosing a person new to the business may cost you substantially less, as will choosing somebody who specialises in other areas of photography, but they will never be able to provide you the same kind of quality photos that an experienced photographer will be able to.You should also take your time to choose somebody who is willing to talk with you about arranging your photo shoots according to your desires, something that you won't be able to do with a person that is busy planning for four or five wedding photo shoots at the same time.
By discussing with your selected photographer, you can also gain information on his or her knowledge of photography, such as setting up the scene and ambience, balancing of colours, etc. In conclusion, remember that just about anybody who can hold a camera should be able to shoot some photos of your wedding, but only a real professional can make them come alive together as an exceptional wedding photo album.
Keeping these in mind will help you have a successful baby photography session. Both you and your client will enjoy it and love the end product.One of the most beautiful forms of photography is family photography. Capturing some wonderful moments and preserving them means that the whole family will be able to share them after many years. It is an image that one can cherish for a long time. These photographs are filled with pure happiness and love. But, capturing such a photography is not simple. There are many things that you will have to consider about when capturing family photos. Here are some tips to help you out.
Something that you must consider about when getting family photography done is the location. Do you want it to be formal and in a studio? Or all natural and at home? OR more fun and adventurous? There are many ways that you can select the form of photography you want. If you want something exciting, get a beach family photographer Perth to do the job or you can get it done at your home where your family members can be all comfortable and natural. Either way, you need to look into what you and your family want and select the location. The location will play a huge rule in the whole photography session.
Any photography whether it is newborn photography or a birthday photography, people don't have to be standing in a straight line, looking directly at the camera. Same goes for family photography. Be creative with how you position the people. You can get inspirations from them as well. You can have them pose in exciting and new ways or capture some candid photos with them doing what they love. This will make the photographs look more natural and warm.
Expressing emotions through photos is something that you need to focus on. You can get the members to hug each other or have them laugh and chatter like they usually do. This will make the photos look more family and homely. It is something that everyone looks forward to and it is something that will make the photos look more unique.
The outfit can play a certain role in the photos as well. This is a time where the family has to be dressed really well. You can get them to wear outfits in similar colors or a similar design. This will make them look more alike and will enhance their bond.These are some things that you need to keep in your mind when capturing family photos. This form of photography can be really fun and exciting.
Why Should You Plan The Perfect Maternity Photo Shoot?
Are you expecting a baby to be with you in a couple of months and want to capture your pregnancy journey? Then the best way to do that is by planning the most beautiful photo shoot! Photo shoots are always fun to do but when it is for a special occasion such as a maternity photo shoot, it becomes even more exciting! We can see a lot of people all around the world from the most famous celebrity in pop culture to your everyday individuals taking an interest in maternity photo shoots and putting out the beautifully captured images for everyone to see. Pregnancy is a magical time period for every woman and for their partners as well because of all the changes your body is going through and all the other details that change within your life due to carrying a baby. It is your chance to make the most out of your pregnancy and hire a photographer to do a unique and beautiful maternity shoot!
When you are pregnant, it is a life changing journey for everyone including you and also your loved ones as well. It is going to be a little disappointing for you if you did not have any images or pictures that show you the entire journey you went through with your unborn baby. Pregnancy is not a short time as it lasts almost ten months so it is a long ride and maternity photography Melbourne definitely going to show you the entire journey took place!
It is very common for a lot of women to develop insecurities and body image problems when they become pregnant because their body starts to change in an alarming rate. This is not something we are used to as people and when it happens, it might be a little hard for us to cope with the changes our body is putting is through and this might then develop in to many insecurities. With maternity photography, no matter how insecure you might be feeling with your body, you get a chance to see how beautiful pregnancy truly is!
You can become creative and have fun!
Everyone wants to have fun with what they are doing and when you are pregnant, you usually do not have a lot of choices. But with a pregnancy photo shoot, you get to express you creative side and plan a fun, exciting photo shoot for yourself that everyone will love!


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Posts Tagged 'loan deal'
Marcel Popescu brings Paunovic to Craiova
February 4, 2010 Radu Baicu	Leave a comment
Universitatea Craiova signed Ivan Paunovic (23), from Srem. The Serbian midfielder agreed to a short contract, until the end of the season, but with an option to extend it for four more years. Interesting enough, the player brought in Romania by FIFA agent Marcel Popescu had been training for the past couple of weeks with Astra Ploiesti, but failed to agree terms when it came to put pen to paper.
Although his move to Ceahlaul Piatra Neamt was officially announced, Vasile Buhaescu (22) switched sides today and went on loan to a second division club, Concordia Chiajna. The striker, a former U21 player for Romania, belongs to FC Vaslui, but would have had no realistic chance to feature in the second half of season, given the tough competition for a place in the team and the club's ambition to try and mount a serious title challenge.
Dinamo and Astra Ploiesti, teams that were sharing the rights of two players, Georgian Paun (24, forward) and Eugen Craciun (23, full back), found an agreement that makes Paun a Dinamo player and transfers Craciun to Astra. If Craciun will continue to play for Astra, where he was on loan for the past two years anyway, Paun was re-directed to Politehnica Iasi, on loan until the end of the season, after a week or spent in Dinamo's training camp from Turkey.
Categories: Completed transfers Tags: Astra Ploiesti, Dinamo's youth system, Eugen Craciun, former U21 international, Georgian Paun, Ivan Paunovic, loan deal, Marcel Popescu, Paunovic to Craiova, promising forward, promising players, Romanian FIFA agent, Romanian second division, Serbian midfielder, Srem, striker, Vasile Buhaescu
Pulhac misses out, Sapunaru returns home
Cristian Pulhac (25) moves to Spain, after Dinamo agreed terms with Real Valladolid, in a rather surprising deal, for the following reasons: the secret was extremely well guarded and nothing appeared in the press until now, Pulhac returned this season after a long lay-off and rarely played above average, and the Spanish club should pay 700.000 EUR, although the player had "transfer pass" for 500.000 EUR. I was right to doubt this one! In fact, Pulhac returned this evening to Dinamo's training camp, as the Spaniards completed another deal in the meantime – the loan of Asier del Horno.
Cristian Sapunaru (25) agreed to return on loan to Rapid Bucharest, the club that had sold him to FC Porto, although he was also requested in Greece, by Iraklis Thesalloniki. Sapunaru was facing a long spell on the sidelines and will play for Rapid until the summer.
Mihai Onicas (20), one of the players Steaua tried to promote this season, will move to Politehnica Iasi until the summer. The U21 Romanian international had a promising start of season, playing both in the league and in Europe, but faded away and should face a tougher competition for the anchorman position, after Ovidiu Petre's return from injury.
Categories: Completed transfers Tags: Cristian Pulhac, Cristian Sapunaru incident, FC Porto - Benfica, loan deal, Mihai Onicas, promising left back, Pulhac to Real Valladolid, Saponaru to Rapid, Steaua's youth academy, transfer fee, U21 international
Gauracs, hoping to land a four years long deal with Rapid
Edgars Gauracs (21) has finally signed a contract with Rapid Bucharest and he joins the club on loan from Ventspils until the end of the season. "The Gauracs deal" had been announced for more than two weeks now and even Rapid's officials began to have some doubts regarding his arrival in time for the club's training camp from Turkey. The club's owner, George Copos, confidently announced now that Gauracs has a bright future ahead of him at his new club, where he'll stay for 4 more years if Rapid will activate its option for a permanent deal in the summer.
Assisted by their brother & agent Arthur Karamyan, Artavazd and Arman, the Karamyan twins recently released by FC Timisoara reached an agreement with Steaua Bucharest. They will get 100.000 EUR upfront and another 100.000 EUR in the summer, in case Steaua wins the league, a trick that should save appearances, as the Armenians' wages won't go over the 120.000 EUR salary cap imposed by Becali at the Bucharest side.
Categories: Completed transfers Tags: Arman Karamyan, Armenian international, Artavazd Artiom Karamyan, Arthur Karamyan agent, bonus for winning the league, contract negotiations, Edgars Gauracs to Rapid, Latvian U21 star, loan deal, promising forward, Rapid Bucharest, salary cap
Done deals (VI)
Rapid completed the loan deal that will bring Ilie Iordache (24) back in Romania, at least until the end of the season. Iordache has a contract with AEK Athens that will only expire in 2012, but the player seems to have realized that he has slim chances to play in Greece and spoke about the possibility of a permanent deal.
Although he comes from a solid club, Iordache might not prove the best immediate solution for covering the left winger position at Rapid, as he definitely needs some time to regain match fitness. His performances were good before his transfer to Greece, but the fact is that he has scored only 11 goals in 71 appearances for Pandurii Targu Jiu, as THE star player of the team.
The Romanian press also announced that Rapid has completed another loan deal on this occasion and next week is expected in Romania Tamandani Nsaliwa (28). The Malawi born midfielder comes from AEK Athens as well and should stay until the summer, when the Bucharest side will have the chance to sign him on a longer deal, as he will terminate his contract with the Greek giants.
Categories: Completed transfers Tags: AEK Athens, contract expiring date, Greek top clubs, Ilie Iordache, loan deal, Malawi international, Tamandani Nsaliwa
Today's press
The Karamyan twins, recently released by FC Timisoara, after failed negotiations to extend deal that were running out in the summer, are reportedly close to a move to a return to Bucharest. Steaua is offering them a deal until the summer, with bonuses in case of success in the league, as Gigi Becali decided not to pay more than 120.000 EUR per season and otherwise there wasn't any room for a discussion with Arman and Artavazd, who were paid better than this in Timisoara.
Dinamo has finally got the nod from Inter Milano for a loan deal involving Cristian Daminuta (19). The player has been training with the Bucharest club for the last couple of weeks and should stay with the Red Dogs until the summer. Dinamo will have the option to make the deal permanent, in exchange of half of million EUR.
After the Ouon duel, Steaua and FC Vaslui are preparing for another battle. Their target is another defender, who previously played on loan for Rapid Bucharest and left a solid impression in Romania. Joao Paulo Andrade is Portuguese, 28 years old, currently plays for Le Mans and can cover three roles: central defender, right back and defensive midfielder.
After Gabriel Tamas moved to England and already played a few games for West Bromwich Albion in the Championship, it seems that there's an "advertising campaign" going on, involving another Dinamo player. Gabriel Torje is a 20 years old right winger, regular in the U21, and very experienced already, with almost 100 matches played in the first division for FC Timisoara and Dinamo, plus a few matches in Europe. The price though might be too high, as Dinamo paid a massive fee in 2008, around 2 mil. EUR for only 50% of his federative rights…
Categories: Read the papers! Tags: buying option, contract negotiations, Cristian Daminuta, Gabriel Tamas to West Bromwich Albion, Gabriel Torje, Inter Milano, interest, January signings, Joao Paulo Andrade, Karamyan twins, Le Mans, loan deal, Mercato, Ouon deal, race for signature, Red Dogs, transfer details
Kasali Yinka Casal (22) needs to impress Andrea Mandorlini in these next few days, if he wants to become a CFR Cluj player. Although he has already signed a contract, it wasn't registered yet, and the Nigerian's performances in the first training camp have been rather poor so far. The same goes for centre-back Patrick Kanyuka, who apparently has even less chances than the left back, according to club president Iuliu Muresan.
Rapid Bucharest announces the imminent return of Ilie Iordache (24) to Romania. The forward belongs to AEK Athens, who took him on an almost free transfer (there was a huge scandal at the time that involved Pandurii Targu Jiu and Dinamo), but rarely used him (only three matches this season, all as a substitute). The player is expected to join Rapid for the second training camp, in Turkey, and should replace Brazilian left winger Carlos César dos Santos Cesinha (29), who's in the last six months of the current contract and also rarely featured in the first half of season.
Rapid's attacking left back Vladimir Bozovic (28) was yet again the star of an unprofessional behavior episode, which took place in the club's training camp. The Montenegro defender took along Slovenian midfielder Darijan Matic (26) and both had a couple of beers in a bar next to the stadium they both had left at half time, after being replaced by the coach.
Categories: Read the papers! Tags: AEK Athens, Andrea Mandorlini, Carlos Cesar dos Santos Cesinha, CFR Cluj, Darijan Matic, Ilie Iordache, Kasali Yinka Casal, loan deal, Patrick Kanyuka, Rapid Bucharest, scandal, training camp, unprofessional behavior, Vladimir Bozovic