In August, producer prices in the euro area and the EU declined by 0.1%

In August 2014, producer prices in the euro area (index PPI) declined by 0.1% compared to the previous month, when they were a decline of 0.2%, according to Eurostat data. In annual terms, prices in the last month fell 1.4% after falling 1.3% in July.

Dynamics of the first indicator coincided with forecasts of analysts surveyed by Bloomberg. In annual terms, the experts expected a decline of 1.2%.

In the 28 countries of the EU producer prices last month fell by 0.1% also. In annual terms, the drop was 1.5%.

Among the EU countries for which data are available, the largest decline in prices for the month was recorded in Denmark (-0.7%), Croatia (0.6%), Estonia (-0.5%) and Slovenia (-0.4 %). The greatest increase in prices was observed in Sweden (0.3%) and Hungary (0.2%).

In annual terms, the most producer prices decreased in Lithuania (-5.1%), Belgium (-4.7%) and Slovakia (-3.8%). Prices rose only in Romania (0.8%), Latvia and Sweden (0.3%). In the Czech Republic the prices have not changed.

In August, producer prices in the euro area and the EU declined by 0.1%

Why the Fed initially plans fail?

Committee members of the Federal Open Market Federal Reserve (FOMC) did not really like to be at the lower bound of zero (zero lower bound, ZLB). Since December 2008, the Federal Reserve to keep interest rates on federal credit funds in the range of 0% to 0.25%: the lowest possible level (zero return on cash means that the central bank can not actually use a negative interest rate).

Since then, the definition of policy turned into a real monetary chaos. Justified or not, but the members of the Fed are considering unconventional steps (such as the purchase of assets or pledge to keep interest rates low for an extended period of time), which are more dangerous than the traditional policy of determining the interest rates.

FOMC members are afraid that both can encourage irresponsible borrowing and distort the situation in the market, says the British magazine The Economist.

Some economists believe that, despite the threat of financial instability, the central bank can not do their job, when the basic interest rate is zero.

Since December 2008, the Fed has achieved two main objectives: the maximum growth of employment and stable prices. The unemployment rate is still far from the desired level of the Fed and inflation the past six years is below or well below 2%.

All this is a serious problem for the American economy and the Fed. It is possible that this is the most pressing problems that the Fed has ever faced.

Then why the Fed tends to return in the future to the lower boundary of zero, hoping, apparently, first to leave the ZLB?

According to the latest economic forecast FOMC, the average federal funds rate will be 3.75% for a long period of time. Meanwhile, according to the so-called scatter chart, almost every member of the FOMC makes it clear that the markets should ignore it. But markets are hoping that if Janet Yellen will retain control of the Fed, that by 2017, the rate will reach 4.25%.

But it’s not happy. The federal funds rate rose to 5.25% before the Great Depression, and then collapsed to the lower bound of zero. The recession in 2001 was not very strong, but the Fed, however, lowered the interest rate from 6.5% to 1%, keeping it at this level for a long time. There are many opinions about the size of “cushion” that is needed between the federal funds rate and the ZLB, but most economists believe that the four percent “definitely not enough.”

Why bet for a long time will be so low? Firstly, the real interest rate, adjusted for inflation, that balances supply and demand in the economy, lower than it was before. This is due to expected long-term growth retardation or structural factors, which in turn leads to an excessive increase in savings.

But for any real interest nominal rate (which sets the Fed) can be arbitrarily increased by a simple change of long-term inflation, which the central bank sets for himself as a target.

Everyone knows that the central bank may choose a rate of inflation, which considers it necessary for the economy, and in doing so, may deliberately increase the long-term interest rate on federal credit facilities, so the Fed has no reason to be too low interest rate.

Of course, the central bank is difficult to control inflation when it is at the lower bound of zero. But in order to keep control of inflation, perhaps, to begin with the Central Bank would have to carry out their direct responsibilities, and strengthen its authority – then the Fed would be able to get away from the ZLB (for example, by delaying the easing of monetary regulation before the strengthened growth and inflation will rise to the desired level).

But if we go back to the Fed’s economic forecast, we see that the FOMC plans to raise rates in the next three years, despite the fact that inflation was expected to continue throughout this period is less than 2%.

Why did they go for it? There is one assumption: they are afraid that if the raise the inflation target, it will cast doubt on their professionalism and credibility.

Why the Fed initially plans fail?

USA: the number of applications for unemployment dropped

The number of Americans who first applied for unemployment benefits last week fell by 8 thousand. – Up to 287 thousand., The report said the United States Department of Labor.

According to revised data from the previous week was served 295 thousand. Applications, not 293 thousand., As previously reported.

Economists surveyed by Bloomberg, expect the growth rate to 4 thousand. Previously announced level to 297 thousand. Average number of applications over the past four weeks (less volatile measure) rose fell to 294.75 thousand. With 299 thousand.

By continuing to receive unemployment benefits of Americans for the week ending September 20 fell by 45 thousand. – Up to 2,398,000 people, the lowest level since June 2006

A week earlier, according to the corrected data, the figure was 2,443,000, 2,439,000 and not, as announced before. Economists had forecast a decline in the indicator by 14 thousand. Previously announced level to 2,425,000.

The unexpected decrease in the number of applications says steady progress in the labor market the United States. Index is at a minimum level in a decade, as companies keep employees expecting to increase demand for their products. Meanwhile, the Ministry of Labor data on Friday will show how many new jobs were created in the economy of the country in September.

“Companies are not in a hurry to lay off workers, which indicates an improvement in the labor market”, – said a senior economist at 4Cast Inc. David Sloan.

USA: the number of applications for unemployment dropped

ECB starts to buy mortgage obligations from mid-October

The European Central Bank (ECB) from the middle of October 2014 will begin to redeem the mortgage obligation in the fourth quarter – asset-backed securities (ABS). This was announced by ECB President Mario Draghi during a press conference after a meeting of the Central Bank. According to him, the program will last at least two years.

“Together with a series of programs target long-term loans (TLTRO) banks, which will be held until 2016, these purchases will have a notable impact on our balance sheet,” – said M.Dragi.

ECB president reiterated that the amount of assets on the balance will return to 2012 levels as a result of the implementation of new programs. Thus, it could be an increase of about 1 trillion euros – current level is 2.04 trillion euros, the peak was reached in June 2012, at around 3.1 trillion euros.

The rules governing the purchase of assets, will be similar to the rules of collateral the ECB purchased will be “simple and transparent paper.” “The ECB will not buy structured ABS”, – said M.Dragi. But at the same time the central bank will try to include in the program as much as possible types of ABS.

ABS will also be included in countries with ratings below “BBB-“, that is, the last investment grade, albeit with reservations. “The risks of assets in Greece and Cyprus are equivalent risks in other places,” – says the head of the ECB. To meet requirements for ABS-selling country should participate in EU programs.

According to him, the growth momentum in the euro area weakened, inflation expectations are suppressed. Weakening of economic growth could have a negative impact on investment. In addition, according to the head of the ECB, requires serious consideration failure of structural reforms in the region.

ECB leaders are willing to unanimously support additional measures, if necessary, said Mr. Draghi.

The ECB will monitor geopolitical risks, the dynamics of exchange rates and the impact of measures taken on the economy. However, he still expects a moderate recovery in 2015, as the measures of the Central Bank and the reform of individual countries in the region will support domestic demand and the recovery of the world economy have a positive impact on exports.

Currently, the Central Bank policy aimed at maintaining price stability in the medium term, stressed M.Dragi. ECB does not target a euro exchange rate, the fall of the single currency due to differences in business cycles in different regions of the world, he said.

ECB starts to buy mortgage obligations from mid-October

Review Sharp Softbank 302SH Aquos Phone Xx

Background

Sharp – one of the few Japanese corporations, who still continues to manufacture mobile phones, smartphones and tablets, not only offering them in their native Japanese market, but also trying to instill a sense of beauty in a foreign land. How good or bad they do it, to judge only the owners or interested in the Japanese-themed gadget.

Today we will talk about the smartphone, released in June 2013 under the brand name of the Japanese mobile operator Softbank Mobile.The model has received index Softbank 302SH Aquos Phone Xx. As you know, Softbank Mobile has not adopted the fine tradition of its main competitor in the shop NTT Docomo, offering officially untied from its own network devices that are sold under the same brand name.However, in 2015, the Japanese government officially instructed all cellular companies in the country to provide services to its clients unlock their devices, be it a smartphone, tablet or a regular phone-dialer. One has only to lament the fact that the Japanese have come to this so late, when the yard very firmly entrenched era of smartphones. A time when the Japanese company back in droves to market a truly unique clamshell phones, irrevocably passed, and hope for their speedy return not. Alas.

Returning to Softbank Mobile. Small technical reference. Of all the branded range operator program (third-party, unofficial) otvyazki from the network (SIM-free) lends itself to only a fraction of the smartphone company Sharp. By and large, is currently a keen interest among fans yaponofonov cause of this particular model of the manufacturer, as other brands (with a few exceptions) in one form or another are present in the range operator NTT Docomo.

EDGEST

Sharp Softbank 302SH Aquos Phone Xx – one of a number of informally unlockable smartphones Sharp, branded label Softbank. It was in 2013, Sharp has launched its new concept EDGEST. Human language it can be translated as “the maximum occupancy of the facade of the device screen.” EDGEST concept provides maximum fill useful (working) surface of the display and avoiding useless space to be filled with plastic face of the smartphone or tablet. Softbank 302SH model became one of the first swallows of the company, which last year was only available to subscribers of the Japanese operator. Now, thanks to the efforts of the Russian craftsmen like smart phones can be used in tandem with third-party SIM-cards, including Russian.

The occupancy of the facade Sharp Softbank 302SH is 80.5% of the total surface area. To date, the record is beaten repeatedly by more modern devices Sharp, but the question now is not so much about it, but the concept itself, which, in practice, by the way, is full of practical sense.

As for the operating experience EDGEST devices, there have to talk exclusively about the positives. Could there be something uncomfortable in the smartphone with a diagonal of 5 inches longer, which in this case fits comfortably in the hand and does not cause much discomfort in working with him? If you look closely, now the majority of well-known companies smartphones move in this direction.Another question is how well they do do it.

For example, lay out a living picture, where I compare the Sony Xperia Z2 Docomo SO-03F with Sharp Aquos Zeta Docomo SH-04F. Screen size Xperia Z2 is 5.2 “diagonal screen Aquos Zeta – 5,4″. The difference in the size of smartphones is visible to the naked eye.

By the way, an interesting observation. As I recall, all of its innovations Sharp usually a trial run on the models produced in commercial diving is branded operator Softbank Mobile. It is likely that this is done for reasons of minimizing risks, as Softbank subscriber base is less than NTT Docomo. However, this is just speculation on my part.

The color line Aquos Phone Xx marketers offered four choices: blue, white, black and pink. Phone to get rid of network software, ie without mechanical intervention in the holy of holies. After reseta unlock does not fly. For the test I used the SIM-card MegaFon. By the way, Softbank among the first put into circulation card format nanoSIM, which is just used in 302-m.

Options

Unlike NTT Docomo, which is the paucity of accompanying accessories broke all records, Softbank provides its subscribers with a weighty set of accessories. As originally designed the box with the Sharp Aquos Phone Xx find:

• Smartphone Sharp Softbank 302SH Aquos Phone Xx


• Mains Charger


• USB-adapter tv


• Desktop stand


• The instructions in Japanese

First impressions. Design

Traditionally, all Japanese phones Sharp double-coated film. First – Shipping, the second – a dense and barely visible around the perimeter of the display. Under it – the glass manufacturer that I could not even find on the official website of Sharp.

Due to its small size (132x70x9.9 mm), though the screen size is considerable 5,2 “(1920x1080p), smart enough, which is located in the hand. Slightly pointed corners on the perimeter of the front of the” dig “in the fingers, not allowing the phone slip out of his hands. But glossy, or rather, even glazed rear surface of the smartphone was quite impractical. Throughout the time that I had to test the 302-th, I kept paying attention to what is necessary to place the phone. Chance scratch perfect flat rear surface of the smallest crumb or speck of dust infuriates me. So prospective owners seeking in whatever was to keep the status of their firstborn gadgets, we strongly recommend to use the phone is paired with a cover.

In Sharp Softbank 302SH battery installed capacity of 2600 mAh. In my video review I somehow forgot this point. MEND. The curb weight of the device is 147 grams.

Display

Remove foil and neatly in a box. Image quality Softbank 302SH resembles my current Aquos Zeta Docomo SH-04F. However, it uses a technology Sharp previous generation, namely the Super-CG Silicon. In comparison with the IGZO it differs lesser degree of energy saving.According to documents of the smartphone is capable of working in standby mode 550 hours (3G) or 450 hours on GSM. Continuously talk on the phone you can for 18-plus hours (3G) or 11 and a half hours on GSM. A full battery – 190 minutes.

In the display settings traditionally for all current smartphones Sharp can choose from several display modes, ranging from acidic (Dyamic) and ending with cool (Relax). In everyday life, I prefer to use the mode Standard. By the way, if you choose an acidic version of the work screen (Dynamic), charge flow slightly, but increases. About this provides power save mode (ECO-mode), which in the case of low battery offers “put out” certain sources of excessive energy consumption, to which include “dynamic” mode the screen.

The already traditional Screen edge effect. In the display settings, you can select one of three color options display the perimeter display or disable the effect altogether.

In a side-view picture quality is not particularly changed. In sunny weather, the picture is quite readable.

Above the screen is a speaker, light sensor and proximity. Slot under the speaker barely visible on the surface.

Due to the decrease of free space above the display front camera had to be moved down. Generally, the distance between the display and the edge of the housing top and the sides is reduced to about 4 millimeters. Fingertips, when you hold the phone with one hand, gently hovering above the plane of the facade of the phone, but the screen is not touch you. Random double or triple touch excluded.

Any unpleasant memories of the display at the end of the test I did not have. Image moves smoothly and delays. Power Quad 2.2-gigahertz processor quite enough. 2 GB of RAM and 32 GB of internal memory is enough to run the most advanced and demanding applications. Officially, the smart phone supports microSD cards up to 64GB. Checked for compatibility with the card 128 GB. Works.

In pursuit of parrots AnTuTu Benchmark Sharp traditionally lagging outsider. But who me stupid, explain what these numbers affect?

Under the display also been moved buttons to change the volume. They touch and do not have any bumps / pits, which, in my opinion, very uncomfortable. Often I kept poking at them with your fingers, unwittingly. Another minus buttons – no backlighting. Night is simply unrealistic to feel the desired button. In short, the solution is not the the user-friendly. Next to the lens front camera light indicator is located events.

Interestingly implemented AQUOS PHONE inscription in the lower left corner of the facade. Substrate with mirror letters and is at a distance from the glass surface, thus forming a pseudo.

Many are wondering whether it is convenient to use the camera at the bottom of the case, during a video conference. It seemed to me much of a difference between the top and bottom location of the front camera is not. Anyway, your face completely enters the lens.Especially during a video call on Skype is better to turn the phone 90 degrees to your image to be seen the other party in the usual horizontal format.

As desktop Sharp Softbank 302SH Aquos Phone Xx developers were invited to two interface options: Classic Sharp’ovsky 3-Line HOME (Feel UX) and softbankovsky SH HOME with its fine-tuning and chips. Last looks more like a traditional Google release version of the interface. He seemed uncomfortable in terms of settings. However, nothing prevents the owner to install a third-party shell to your taste.

By the way, I just noticed, it’s on a slightly different grouping of items in the General Settings menu Settings. In more detail, I will show it in the screenshots at the end of the review.

As of 09/05/2014 smartphone software has been updated to stop. Version of the operating system Android 4.4.2 has not yet been proposed by Sharp. Let me remind you that update the modern smartphones Sharp Softbank in Russia is possible only in the presence of SIM-card Softbank.

Mobile internet in action. Enough to set up an access point APN. Note that, for example, to configure the Internet Megaphone, besides the first two fields Name and APN name, you must fill in the Username and user Password (in both fields to register gdata). In the Authentication type must be selected CHAP. Reception quality depends on your network operator and the depth of the hole in which you are at any given time. Russian frequency LTE is not supported.

At the top end are the headphone jack is not working under any pretext in Russia telescopic TV antenna and connectors for nanoSIM and microSD, protected by a waterproof flap.

The phone is protected from water (IPX7) and moisture (IPX5). Headphone jack, as well as microUSB connector on the right side, nothing covered, but protected against liquid inside.

Silicone sealant – on the inside of the cover. Before either intentionally or accidentally omit the phone in water or climb into the shower, check the plug is firmly adheres to the body of the phone. Avoid phone under warm and seawater. It is clear that too many factors can affect the future livelihoods of the phone, but a minimum of rules can not be ignored.

Do not try to find some clever TV Receivers or other applications that you think can get the Japanese to catch our television channels.Useless.

On the left side are visible contacts to connect the phone to the desk stand.

At the bottom there are a microphone and a strap hole.

On the right side are located on / off button / wake and connector microUSB.

Deep sea-green, which is painted body Aquos Phone Xx, even pluck the eyes, especially on the background of dull white, gray and black iPhone, Samsung and Nokia. But there is this paint and obvious disadvantage, which I mentioned at the beginning of the review.

When you look at the back wall of the smartphone draws focus lens 16.3-megapixel CMOS camera. Around the glass lens protrudes slightly small textured ring has a protective function. Quality photos and videos can be estimated below. Over the camera is infrared, gradually disappearing from the Japanese smartphone and at the bottom – the LED flash. Right, where is white factory sticker working brief instructions on installing the SIM-card and memory card into the appropriate slot located in microphone for recording sound during video recording.

In the center of the lid – logo Felica (analogue NFC). Module NFC phone is also present.

At the bottom of the perforated mesh hides the speaker, not bad at all sounding in his hand. But when the machine is on a table or similar surface, some of the sound is eaten by too tight fit body. Even a small ledge at the edge of technological cap does not help the situation.Select ringtone popisklyavee or add vibration, or on the street or in the subway miss an important call.

Yes, some models Sharp collected in Japan now unfriendly to China. Starting from 2014, the company decided not to advertise it so clearly, and marketers began to hide the inscription “Made in China” away from prying eyes, for example, a memory card slot and SIM-card.Experience shows that some fans of Japanese phones annoying very presence of the word China in the Japanese smartphone, let it not even sold anywhere except Japan. Nevertheless, we should not forget that even collected in China, Japanese phones have all the features Yaponisty because Output control is carried out by the Japanese quality control department (OTS). Marriage will not work well, or even if it will, it is not in droves. In any case, the manufacturer’s warranty has not been canceled.

Luggage

I’m sure many have noticed that Sharp, unlike competitors in the shop, are not intended to catch up and overtake someone on the number of megapixels. Although for many the principle of “more is better” is crucial when choosing a device, Sharp attach to this issue of secondary importance. It is necessary to draw your attention that from time to time engineers or marketers Sharp – and to understand which of them determines the policy for each of the models is difficult – supply their flagship different caliber camera. If last year was Sharp’s Trending 16 MP, it is already in the average number of megapixels decreased to 13, and in some models (Softbank 305SH), and even less, up to 8 megapixels (Sharp Aquos Crystal). Sharp as if marketers want to prove to everyone that the camera – not their strong point. Indeed, Sharp has always laid emphasis on the screen and then on the camera. Although I am immediately reminded of the excellent quality CCD optics Sharp Vodafone 903SH … And it no less of 2003-2004.

Indeed, the quality of images with 1-megapixel camera on the background of today’s competitors are not the best quality. It is necessary to recognize. Photographs with panoramic views lacks clarity, such as the Sony or Fujitsu. Like color reproduction.

In a dark area in large quantities appears dark sand. To understand this in the examples, I cut sections of pictures in 100% scale.Examples below.

Maximum photo resolution – 4608×3456 pixels. Menu of the camera is the same as that of Docomo versions smartphones Sharp 2013.

Video recording is possible with a maximum resolution of 1920×1080 pixels at 30 frames / second with stereo sound and the speed of the audio stream 128 kb / sec. Video format 3gp.

A nice addition to the original charge can be considered as a desktop stand in the color of your phone. And it is not just a stand, and stand with a specific functionality. It is provided, if it can be called so, technological channel for audio output. And it really works.

Conveniently, the cradle can be connected to the network cable, so do not have time to poke each plug in microUSB-socket number.

As a conclusion

Logical question – who may appeal recently became available in Russia Sharp Softbank 302SH Aquos Phone Xx?

With its minimalist design, and indeed, if I may say so, a convenient 5.2-inch screen, the new product may appeal to fans of large displays, and long working hours. Technology Super-CG Silicon, as IGZO, able to give a real increase in the battery life of your smartphone. Battery 2600 mAh is not the largest in its class. Compared with the same Sharp Aquos Zeta SH-04F, which removable battery capacity of 3300 mAh, capable to hold on the smartphone in the minds of up to 7 days with average load, Softbank 302SH can work up to 4 days. At maximum load – 2 days.

EDGEST compact body will not weigh the hand and is quite capable of every day to please his views.

Have the Japanese and their undisguised Cons: Camera and impractical but attractive finish of the case. In general, Aquos Phone Xx turned controversial, but I’m sure everyone will be able to see in it something of their own, appealing.

Review Sharp Softbank 302SH Aquos Phone Xx

"Arrow": large exclusive interviews with the cast and producers

Beware, spoilers!

On the eve of the third season Arrow the producers Marc Guggenheim, Andrew Kreisberg and Greg Berlanti shared their vision of a new chapter of this fascinating story. Do not stay aside and actors Stephen Amell, John Berroumen and Will Holland spoke about their characters and adventures that await them in the new series.

What will be the main theme of the third season of “Arrow”?

Andrew Kreisberg: The main character again have to deal with internal contradictions. In the second season, Oliver suffered a question who he is: a hero or a murderer. In the end, he found the answer, sparing the main villain. In the new series, our guy will be torn between the secular life and work of the defense Starling City. He likes to be a hero, but also ordinary human joys are not alien to him. He finally goes on a date with Felicity, and this will be his first attempt to live a normal life. This is the main theme of the third season.

Do you think that Oliver is mistaken?

Stephen Amell: Error – this is a very proper word. It will haunt him throughout the season.

How will we see Oliver?

Stephen Amell: He will return happy … Have you ever seen how Oliver smiling? It was pretty funny because we were with the director could not pick him right smile.Also, now in the heart of Olli special place occupied Felicity, and in the near future, it is not expected rivals. Among them many more obscure, but clearly we can say only one thing – my hero novels with Laurel and Sarah left behind. Now they are just friends, teammates, teammates.

Tell us about the date of Oliver and Felicity …

Andrew Kreisberg: you see them at an Italian restaurant, but the meeting will take place as smoothly as we would like our heroes. It has its own reasons. At the end of last season, many thought that the words of Oliver, “I love you” were just a game, but in fact they much more sense. If you’ve been following this couple, you could not help but notice how they look at each other. Between them ran a spark, and the existence of these characters in real life, they would certainly have become a couple.

And how their relationship will affect the character of Brandon Ruta?

Greg Berlanti: The emergence of Ray Palmer would be a real shock for everyone.Already in the first episode, he tries to buy the company Queen Industries, but he is interested in it mainly because there is a well-known works you aytishnitsa.However, it is not just a girl from the IT-department, and chairman of the company.Palmer to her many questions, he clearly feels for it some interest.

Between them is brewing office romance?

Greg Berlanti: In this show it can be. I can definitely say that we have a random character, especially in scenes that can get emotional development. Between Rayand Felicity definitely slip spark, so we will be back again and again to the two of them in the third season.

When Felicity met with Barry Allen in the second season, between her and Oliver appeared some friction. Could the same thing happen in the case of Palmer?

Greg Berlanti: Introducing Felicity and Barry really got interesting. Oliver would not be himself if reacted to the situation with indifference. I think that with the advent ofPalmer viewers can draw some parallels between these meetings.

What about the history of Felicity? Will the fans promised flashbacks from the life of the heroine?

Greg Berlanti: Of course, we are working on it. This will be our first season, when the main characters flashbacks become other characters, and not only Oliver Queen.In the fifth series feature a large retrospective of the life of Miss Smoke. Generally, the first seven episodes will contain enough flashbacks, and there we are going to fill in some gaps in the biography of Felicity.

What else can we expect from the next season?

Greg Berlanti: In the set of the series, we use templates great movie. For example, the sequel was more dark and deep in meaning. But in trikvel already be present scope and more humor. After the events of the second season finale will take several months. Now our heroes a lighter approach to the seriousness of the situation, which had caused them some difficulties.

Than the third season of the show is different from the first two?

Marc Guggenheim: We managed to make a few lessons from the second season, and we will try to learn them and implement those ideas that were laid out at the beginning of the show. We are developing the project becomes better and more dynamic. I think that it is noticed as fans of the series, and television critics. The first season was more mysterious, but the second – larger and more spectacular. Now we will try to put it all together.

What other surprises you have cooked the audience?

Marc Guggenheim: We’ve always wanted to tell a more complete story of Sarah,starting with the case of a cargo ship in the 23rd episode of the last season and to how she came to the League of assassins. In the end, she, too, had been through a lot, like Oliver. It’s a great story, we’ll tell her.

Is there any details about the crossover between the “Arrow” and “Flash”?

Andrew Kreisberg: Of course, we have plans for crossovers between the show, but I can not say anything concrete. All presented in general terms, and we are now more focused on the first 13 episodes of the “Arrows”. I can guarantee that some of them will surely be at least one episode of crossover.

Greg Berlanti: I’m a big fan of comics, and for me the beauty of the crossover was to their surprise. I think that they should all be different in size and scope, ranging from a simple telephone conversation between the main characters and ending with associations in their efforts against the common enemy. In the upcoming season, we have prepared both small and large crossovers. I look forward to when we will start to remove them.

How do you manage to combine work on two projects at once?

Greg Berlanti: All offices of the writers and editors of both shows are on the same floor, so it’s pretty convenient. Of course, the “Flash” selects longer and requires complete dedication. Every plot turn, each character are carefully selected and developed. On the other hand, the “Arrow” will remain in undeclared status of the first-born, and I will always be a pleasure to return to the familiar shape the world of your favorite characters.

In the third season will be flashbacks from the life of Oliver in Hong Kong. How are you going to take it all in Vancouver?

Andrew Kreisberg: Our team of special effects did a great job last season. They have created an island freighter, and even a helicopter. Their work exceeded our expectations, and I am sure that this time they will not fail us, too. In Vancouver and Hong Kong has a lot to do – this is a relatively new city with large embankments, so that by adding some visual effects, we can easily get the desired picture. In the end, the scenes were filmed on a desert island in the woods near Vancouver, but it looked pretty realistic. I am sure that we can handle.

In the first season, the main characters often gathered at the snack bar, while the second had a base themselves in the basement nightclub. What will happen now?

Greg Berlanti: Interesting question. In fact, in the choice of the venue we have always proceeded from the project budget. Now we have a little more money, so the main characters do not have to discuss their affairs in the same restaurant. I think that the new base will necessarily appear after moving Oliver.

It is true that Tommy Oliver Merlin will be in a dream?

Marc Guggenheim: Not really. Really Tommy returns to the series, but it will not be anyone to dream, and appears in several flashbacks. Perhaps there you will meet a few old friends.

What about Manu Bennett and his hero – Slade Wilson?

Marc Guggenheim: We’ve got a great story with Slade. We specifically did not kill him, and his appearance on the show – only a matter of time. We would like to get it back, but as long as everything depends on the shooting schedule.

In the series, there were many interesting characters. What are your plans for them?

Marc Guggenheim: Malcolm Merlin will have a significant impact on the Tay. She has a rod, as he said. We want to show that our girls have not only slender legs and beautiful buttocks. Viewers will also be interesting to see the evolution of Laurel,because she was going to go the way of his sister.

What will happen with Thea in the third season?

Marc Guggenheim: It’s hard to describe everything in a nutshell. Correct to say that for her soul unfold serious struggle, and this battle is not necessarily a happy ending. We hope that we will manage to surprise you.

Willa Holland: Definitely I can tell you is that in the second season of Thea Theaand in the third season – they are two completely different people. Her life was battered, and she is trying to cope with this … in their own way. I can only hint that she had to suppress their anger at the gym. I’m working with a personal trainer, go to the gym every day. It’s fucking exhausting, but it is necessary for my character.

At the end of the last chapter left with Malcolm Tay. Does this mean that she, too, would pick up a bow and arrow?

Willa Holland: I learned to shoot a bow, but it’s what I’m asking producers every week! Many people wonder whether I wanted to follow his brother, a television and announced his father, but there is no single answer. Perhaps things will change in the future.

How are your workouts?

Willa Holland: To be honest, I’m not doing anything extraordinary. Every morning I have been with a trainer for about two hours, then go to boxing lessons and yoga. I have changed my diet and sat on a diet, even though it was given to me a very hard time.

What kind of relationship Thea with Malcolm?

Willa Holland: They mixed and interesting relationship. Though he is her father,Malcolm has not ceased to be a serial killer. Thea has a special thing for confidence, and I think that this is brought together with her ​​father. For many years it cheated, but with Malcolm’s all a bit different. She initially did not trust him, so do not be afraid to be deceived again.

How will the relations Thea Oliver?

Stephen Amell: It’s hard to describe in words. Oliver has pledged never to lie to her sister, so now it will be more honest with her. He would tell her what had never said before, will share his regrets. I think their relationship will develop in the right way.

And what he thinks Malcolm about his daughter?

Willa Holland: He genuinely cares about the Tay, and she sees it. My character has always been very insightful and well-read people, and especially his brother Oliver.That’s why she always knows when he’s lying. In this battle he has no chance.

What happened to Merlin, Sr.? Where do we find it in the third season?

John Berroumen: For the first time will find it in the same place where he was at the end of the second season, to be exact – in a limo with her ​​daughter. It will be great to see them again together.

Malcolm really truly loves his daughter or he has some ulterior motive?

John Berroumen: I think Malcolm too long black stripe in life, and it is still not easy to show your love. Many years ago he lost his wife, not so long ago, the death of his son. He lost people he loved, so now trying to control their emotions. Of course, he loves his daughter, but as something else, more subdued.

Remaining in the heart of Thea place for love?

Willa Holland: It is unlikely that she now has admitted to his close stranger. She needs a break and a little time for myself. In fact, she never put their own interests above others. Thea – one of those girls who actively participate in the lives of others, but now she needs to focus it on yourself.

What she would have a relationship with Roy?

Will Holland: In the third season, these characters will repeatedly intersect with each other. I can not say more, but it is obvious that the relationship they are not the best.Thea still mad at Roy in the near future is not going to forgive him.

What about the other characters?

Stephen Amell: A lot has changed. Oliver found a common language with Roy, but with Diggle he will mature a conflict. Laurel will become part of the team and will contribute to the common cause.

Malcolm thinks of Oliver Queen?

John Berroumen: He looks at him as well as his son. Oliver represents the guy thatMalcolm wanted to see Tommy. When my hero find out who is hiding under the green hood, he just could not kill Oliver. Perhaps that is why he made ​​everyone believe in his death – that he did not have to kill.

So now it has become a good guy?

Berroumen John Malcolm was never bad! You simply misunderstand the character. If you think it’s bad, then let’s go back to last season and look at all that he did Oliver. They both pursue the same goals, but sought them by various means. Now, one is considered a hero, and another curse. This is wrong, and personally I see in Malcolm the same hero. Damn it, why no one recognizes ?!

That is Malcolm going to redeem himself in the third season?

John Berroumen: do not think he is going through because of what people think of him. Now the situation is such that cares about Malcolm Tay and, ironically, takes care of Oliver.

Even despite the fact that Malcolm Oliver kicked ass?

John Berroumen: Just because it allowed my hero!

Will, can you one word to describe Thea in the coming season?

Willa Holland: Just one word? Then the “rich.” She has a very busy life, full of different events and sharp turns. I think this is the perfect word for it.

What impressed you most in the last season?

Willa Holland: Most of all I remember the death of Moira. It was a real shock to me, a lot of emotions and experiences. Susanna – a gorgeous woman and amazing actress. I really miss her.

You are glad that you are no longer in the matchmaker “Justice League”?

Stephen Amell: Oh, yes! We’ve now have Flash, Canary and Fire Storm. In fact, we have our own “League”, but only on television. Every year we release the next 22 episodes, run parallel to the show and introduce new characters. I think the complexity of this performance is not inferior to the 250-million blockbuster.

The series “Arrow” will be broadcast on channel Sony Sci-Fi on October 13.

"Arrow": large exclusive interviews with the cast and producers

Do markets life without QE?

Prior to the completion of asset purchase program by the Federal Reserve just a few days, and already appeared on the market volatility, from which over the years to stimulate all already weaned.

On Wednesday, the American market once again showed a rapid decline. The S & P 500 for the day lost 1.3%, while of the last 9 sessions were growing just 2 It should be noted that the indicator has already struck two important resistance level at around 1,980 and 1,960 points. However, the American market began to fall one of the last. At other sites the situation began to deteriorate much earlier. This is especially true in emerging markets.

In Brazil, for example, just this week he has lost 7.6%. Of course, the fall factor is called the interim results of the presidential elections, where the current president, Ms. Rousseff has a strong lead, but it’s more just an excuse, not a cause. Fall as indices of Korea, Indonesia, and Argentina and all of Wednesday, the market collapsed by 10%.

The fact that the world markets could begin a serious downward movement, said several factors. Firstly, true indicator – the spread between the yields on corporate bonds and the yield of United States Treasury bonds – started to grow significantly and exceeded the maximum summer. Load and the so-called People’s indicator: the ratio of the price of gold to the price of silver. It is considered that if it reaches 70, the markets may start the collapse.

The situation is very similar to 2011, when the Fed completed by the summer program of buying assets. Then started to gradually increase rates LIBOR, again widening the yield spread, and eventually the markets collapsed. However, the formal reason was the downgrade of the United States, but the signs for the fall of the market given in advance, as, in fact, at this time. Note that then collapse on all financial markets was so strong that it was the time compares to 2008

But it is not even about the fall of indices, and about what volatility will soon be seen. It’s no secret that all of these were sent to QE, including the suppression of volatility, which is why it has recently reached their historic lows.

But now the cost of equity assets can begin to make such variations, that will not find anyone. If, in recent years an American market usually showed gradual increase, without any hesitation, then followed by fast and slow correction, after which growth continues, now daily fluctuations may be 1% or higher.

By the way, like we have seen in the last few days, yesterday and today may be replaced by a strong decline in growth. Quite unexpectedly today by strong growth rates of commodity sections, such as the Australian and Canadian dollars. They added to the dollar by 0.8%. Such dynamics may signal an increase in risk appetite, which means the S & P may well play a big part of yesterday’s losses.

Maybe today will grow up and the Russian ruble, though oil is still trading near the lows, and it may interfere with the Russian currency to rise.

Do markets life without QE?