THREADNEEDLE ASSET MANAGEMENT LTD May 15‚ 2015 Lisa D. Ellis (Senior Analyst) • lisa.ellis@bernstein.com • +1-212-756-1855 Harshita Rawat‚ CFA • harshita.rawat@bernstein.com • +1-212-969-6228 Zhe Shen • zhe.shen@bernstein.com • +1-212-823-3627 Visa-Visa Europe: Answers to the Top 25 FAQs‚ Including our Accretion Math and Deep Dive on Yields Ticker MA V SPX Rating CUR O O USD USD 13 May 2015 Closing Price 92.52 68.65 2098.48 Target Price TTM Rel. Perf. 108.00 77.00 13.1% 18.9% EPS P/E 2014A
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to work if given a chance. Lack of occupation is a severe problem not only in Europe but in all corners of the world. People who are unemployed are seen as a liability to the society. This is because people with no jobs or other sources of income are always seen as dependent on their colleagues employed with financial stability. The unemployed find it difficult to live up to their basic needs. Unemployment in Europe and measures put in place Technological change and expansion in international
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Strategy 2020 Europe 2020 is a 10-year strategy proposed by the European Commission on 3 March 2010 for advancement of the economy of the European Union. It aims at "smart‚ sustainable‚ inclusive growth" with greater coordination of national and European policy. It follows the Lisbon Strategy for the period 2000–2010. On 26 March 2010‚ the European Council agreed on the key elements of the new strategy. President Herman Van Rompuy who chaired the meeting pointed out that the strategy sums up the
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The Emergence of Europe In the Early Middle Ages: The Germanic Tribes‚ the Roman Legacy‚ and the Christian Church Marina Lundstrom History 114 – Western Civilization & The World I Due: November 8‚ 2014 After the fall of the Roman Empire around the fifth century‚ it took “hundreds of years” for the western part of Europe “to establish a new society.”1 The emergence of this new European civilization during a period known as the Early Middle Ages‚ included three major components: the
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During the High Middle Ages‚ Europe experienced changes in economics yet continuation in politics and religion. With growth of population and urbanization‚ trade was revived in Europe. However‚ all of Europe was never truly centralized into one large empire like the Roman or Carolingian. Yet‚ it still was under the unofficial rule of the Roman Catholic Church. Urbanization‚ with the help of population growth‚ formed which led to revival of trade. Although there was trade between villages and feudal
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MULTICULTURALISM AND EUROPE By - SUJOY SUR MAHIMA DEEPAK SRIVASTAVA CONTENTS Abstract | 3 | Introduction | 4 | Multiculturalism | 5 | Multiculturalism in Europe | 6 | i) Germany | 7 | ii) Britain | 9 | iii) France | 11 | Reasons for failure | 13 | Solution | 14 | Conclusion | 16 | Bibliography | 17 | ABSTRACT This paper tries to define the concept of Multiculturalism and the working
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Capitalism in Europe 1. The causes of the population growth were improvements to European diets‚ decreasing morality rates‚ and diseases lost their ferocity. The effects of a growing population include urbanization‚ the development of capitalism‚ which in turn led to the restructuring of European economy and society. 2. Capitalism is an economic system in which private parties make their foods and services available on a free market and seek to take advantage of market conditions to profit from their
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However the free movement of capital services and goods as well as people does not happen smoothly. There are many pieces of legislation missing in terms of an integrated European market. For the single market to continue there is a great importance for Europe to act with conviction and show that the Single Market in viable and bring benefits to Europe’s workers‚ businesses and consumers. The Single Market Act was first presented in
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An essay outlining the nature of the Enlightenment in Europe‚ focusing on the ideas and its impact on the arts in Europe in the eighteenth century. At the beginning of the 18th century the favourable style of painting was the Rococo style. This was a highly decorative‚ ornate style of art‚ which lasted throughout the reign of Louis XV (1715-74) and spread to other countries‚ most notably Austria and Germany. Rococo favoured the complex swirling forms of Baroque art but was airier and more
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Tajini announcing that ‘if SME’s grow‚ the economy grows’‚ from an Information Daily report (2012). This seems a reasonable statement as according to a European Commission report (2012‚ p.15) there are 20.7 million small to medium sized businesses in Europe which account for more than 98 per cent of all enterprises overall. This may be a surprise to many but the European framework states that a business with less the 249 employees is a medium-sized business‚ then this dramatically declines to 10-49 for
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