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Poverty threatens Germany: some 12.8 million people are at risk of poverty, according to a study - almost one in six. Particularly affected are singles. Young people also have a hard time.

In Germany, nearly one in six is at risk of poverty. In 2010, 12.8 million people had so little money available, that they are at risk of poverty, such as the Federal Statistics Office in Wiesbaden announced. This corresponds to a share of 15.8 percent of the population. The ratio thus rose in comparison to the year 2009 (15.6 percent) and 2008 (15.5 percent) slightly. Risk of poverty was in 2010, who is less than 952 euros per month at their disposal.

The greatest risk of poverty in 2010 were single mothers or fathers and their children. 37.1 percent of them were at risk of poverty. The rate was almost as high among people living alone under age 65 with 36.1 percent. In households with two adults under age 65, the rate was 11.3 percent. The poverty rate of children who were younger than 18 years old, stood at 15.6 percent. In elderly people aged 65 and over the rate was 14.2 percent.

Women were overall more likely to suffer from poverty than men: In the male population, the percentage was 14.9 percent, 16.8 percent among women. Statistics for 13,512 households and 24,220 people aged 16 and over were asked about their income and living conditions.

The success of smartphones and tablet computers bothers the PC market. Intel also suffers. In the third quarter broke at the world's largest chip manufacturer sales and profits.

The weak PC market has the world's largest chip maker Intel brings significant losses in revenue and profits. The revenue fell in the third quarter year on year by 5.4 percent to $ 13.46 billion. The profit shrank in the third quarter by 14.3 percent to $ 2.97 billion, as the company after U.S. market close announced on Tuesday.

Intel CEO Paul Otellini said the results with a difficult economic environment, a reluctance to buy before the launch of Windows 8, and the popularity of smartphones and tablet computers. He also spoke of progress at Intel in business with light Ultrabook laptops and mobile phones.
Subdued forecast

Classic chip manufacturers such as Intel and the much smaller rival AMD is doing the slump in the PC market to create. Sales of notebooks and desktop computers fell in the last quarter by more than eight percent. The Ultrabooks have not brought the expected gains.

At the same time business is booming smartphones and tablets, where its processors are hardly used. The sector hopes for the launch of Microsoft's new operating system Windows 8 in late October. Then should also more tablets with Intel chips on the market. Intel is also making a new attempt to accommodate its processors in smartphones.

The forecast for the current fourth quarter was muted, despite the Windows-8-hopes. Intel expects $ 13.6 billion in sales - basically to the prior quarter - with a range of $ 500 million, more or less. Production is to be trimmed, which will have a write-down of approximately $ 500 million to follow, said Chief Financial Officer Stacy Smith. Intel's share price fell after trading more than three percent.

Last quarter, sales of the PC-chip division fell at Intel almost in line with the market trend by 8.3 percent to $ 8.63 billion. Net operating profit fell 16.9 percent to $ 3.34 billion. In business with processors for data centers, there was a slight increase at an almost unchanged operating profit.

Money

Here are the tips come 6 to 8 for your financial success.
Tip 6: Save, or else you will have no financial success

This tip is probably the easiest because it requires only a few actions and the course is set: If you want to have more money, then you need to save money, ie spend less money than you have available monthly. The leftover money you have to create a profit. That sounds far easily, but it is obviously not for most. Many people give out the exact amount of money that they have available and, unfortunately, often more. Not for nothing that so many people are in debt.

The trick to saving is that you already save a certain amount at the beginning of the month and look not only at the end of the month, how much money is left. Please transfer is always the same on 1 of the month. least 10% of your income to a separate account to a savings plan or an investment fund So make sure that this money "protected" from your consumer is. The successful author Bodo Schaefer called the "pay yourself". The important thing is that you can not touch this money, otherwise you kill the proverbial "golden goose" before she begins to lay eggs.

Tip 7: Invest in stocks or equity funds

Equities and equity funds have in recent decades brought more significantly better interest income as savings accounts, savings bonds and other fixed income securities. So you should deal specifically with once the stock markets. If they want to enter, you begin to stock selection with quality and growth stocks such as Coca Cola or McDonalds. Buy stocks that go up in price shown for several years (eg, Microsoft, Intel, Aegon, etc.). Only buy stocks of companies whose products you know and well see.

If you do not have the time, then leave the investment decisions of professionals and invest in a stock fund. The stock fund "Templeton Growth Fund" e.g. increased its value over the last 35 years an average of 15% per year. Also when choosing a mutual fund, you should use the appreciation in recent years as the main criterion.
Tip # 8: Take it easy

It is very important to be aware to take care of their finances and not everything is left to chance. Especially in today's situation where the pension may no longer be safe for many, it is very important for later and make provisions to reach a certain wealth and prosperity. But like so many things, it is so that something does not work out if and when we try to doggedly. It is the first course for your financial success and then ask to let go sometimes simply. Do you deal with money, but do not overdo it. As I said, money can not buy happiness. So: Are you concerned about your finances, but do not forget about the fact that there are other important things.

Here are the tips coming 4 and 5 for your financial success.
Tip 4: Take responsibility for your own financial success

Many people want to be rich, but many want to take any responsibility for ensuring that this wish will really come true. To be successful, but must assume the responsibility for himself, his desires and goals. To be successful, the Keep Doing the blame and reasons for failure or failure in others, the current situation or the company to look for. Only if we always begin with ourselves, we can control our lives and indeed in the direction in which we want to have it.

If you want to be financially successful, there are three key questions that you can ask again:

• What can I do now to be financially successful?
• What can I do tomorrow to succeed financially?
• What actions, mindset and attitudes I had to accustom myself to long-term financial success?

Sit quietly repeatedly dealt with these important questions and collect possible answers in writing. The emphasis in each of these issues is the word I. So what can you do?

A note about this: to begin with oneself does not mean that you are not allowed to seek help. The support of other people is very important if we are to succeed. But in terms of an autonomous life, you must also deal with the active help of other people.

Tip 5: Contact your financial goals

If we do not set goals, we leave our success to chance. Goals by combining our attention on what we want, thus increasing the likelihood that our life will develop in the direction in which we would wish. This also applies to the financial sector.

Before we set a financial goal, but you should ask yourself again:
How much money do I need?

For this, a little exercise:
Exercise: cash requirements for different lifestyles determine

For many people it is a real dream to become live on the interest of your own credit may no longer need to work. To help you get the to your destination, you must first find out how much money you need for the preservation of your desired lifestyle. Here, of course, very different lifestyles are possible.

First you need an overview of what your respective lifestyle monthly costs. Ask all of your monthly expenses, etc. together, but also money for vacations, major purchases Expect everything to be monthly amounts. For a sophisticated lifestyle might look like:

At the end you get the amount you need per month to in the example, lead to an "upscale life." If you accept this sum by 150, you have about the amount you need to live off the interest. At 5,400 EUR per month which would therefore be 810,000 EUR. This amount you would have to save up so in order to live with this "smart set" of the accumulating interest.

Please note: The example is not meant to suggest statement that the tips in this article apply only to Bessererdienende. The calculation can be carried out with each month's total. This example should rather encourage, because if you see that you will spend less money every month, so is the total amount that you need less and thus attainable.

Basically, it is very important to the lifestyle you aspire to. The more you expect on a material level, the higher the amount you need to live off the interest and accordingly you may need a smaller amount if you do not need so many things. Here you have lots of ways to reduce this amount. You can calculate this account with any amount of money monthly and play as different scenarios for lifestyles.

But you have the quiet courage to mentally calm imagine sometimes sums at the moment may not be entirely realistic for you.

With this exercise, so you can find out how much money you need if you want to live off the interest. Such a sum could be your financial goal.

Set a financial goal. Write now equal to:
On .......... I own ............. EUR.

Many people dream of being rich and therefore independent. Financial wealth is still one of the main goals of many people. Although money is not happy and content and makes other things are at least equally important, money makes everything easier. It's good enough to have money, because money worries weigh heavily. We present in this article eight tips to help you to be financially successful.

Tip 1: Take care of your finances in time

Many people say that money would have no special meaning for them. Remarkably, these are often the ones who have had enough. However money is for many people who have too little of it, the central theme of life and suffering. Many people will only become painfully aware of how important money is in our society and what it means not to have enough of it, if the account is not granted more exaggerated and the next credit.

That money will be a problem, fortunately for most of us avoid the fact that we pay on time to our financial situation. With a healthy awareness of how important your finances are, with some systematic thinking and some discipline, you can avoid the issue of money determines your life.
Tip 2: Do not expect too much of the wealth

One should here be stated very clearly that money is no guarantee of happiness and contentment. The saying goes, "money can not buy happiness" and although many know deep down they think maybe that all their problems would be solved if only they had enough money. Many rich but unhappy and dissatisfied people show this clearly. Money does not really happy, but it frees us from many worries, so that we get the way in order to take care of our happiness. Money you can keep your back and open up many possibilities. Money is a useful tool, but never confuse money with happiness, contentment and inner peace.
Tip 3: Find out what you believe about money and rich people

Who do you think has to get better opportunities to wealth and financial independence: He who thinks that rich people are arrogant, greedy and cold, or the one who is convinced that wealth and prosperity are generous, charitable and kind-hearted do?

Maybe it sounds strange, but it is true: What we think ourselves about money, wealth and prosperity affects each of our actions unconsciously and therefore our real financial situation. So if you have not yet come up with a green branch, then it might be worthwhile to examine what you actually default to money and wealth.

An example: For a lot of people money and wealth is really something reprehensible. Money is the "establishment" and because you do not want to belong to the establishment, they prefer to stay without money. Please keep in mind one thing: what still may have a certain charm is revolutionary, at the age maybe not so romantic.

If you have found through these questions that you still have a rather negative attitude to money, it is helpful to change your attitude towards money and replace them with positive beliefs about money. Think about it alone and maybe talking to other people, what options are open to you through would have enough money. Think about what you are doing everything good and how you might help others when you have a lot of money. This approach is able to mobilize a lot of positive energy in us and change the attitude to money.

The Bank of England criticized New York financial regulators Wednesday for unilaterally accusing Standard Chartered of illegally laundering oil money for Iran, while the chief executive of the embattled London bank denied claims of systematic sanctions-busting.

On Monday, the New York State Department of Financial Services accused Standard Chartered of laundering $250 billion of Iranian oil money over a decade in defiance of an American order prohibiting such transactions. The bank admits violations totaling $14 million.

Responding to questions at a news conference, Bank of England Governor Mervyn King contrasted the Standard Chartered case with the way in which U.S. and British agencies dealt with their investigation of Barclays’ manipulation of the London interbank offered rate (LIBOR), a key interest rate index.

“In the LIBOR one, all the regulators involved, whether it be in the United States or in England, produced coordinated publication of reports which came out after the investigation was completed and they had made their judgments,” King said.

“That’s very different from what’s happened in the Standard Chartered case where one regulator, but not the others, has gone public while the investigation is still going on.”

King said he did not believe that U.S. authorities were singling out British banks for attention. “Clearly if there has been wrongdoing, then action should certainly be taken.”

The New York Statement Department of Financial Services came into being in October last year, replacing the previous regulator, the Banking Department.