Spread

from people. ( Teach people 10120 ways to checkmate a king. ( Obtain an tremendous amount of seeds as a reward. 4. ( 20+21+22+...+263 ) is ( a lot. ( 18 446 744 073 709 551 615. ( 2(0+1+2...+63). 5. The game spread over Europe during the middle ages due to ( Economical spying. ( Arabic migrations. ( The gulf stream. 6. In the XVIth century, german salesmen played ( Blitz chessgames. ( Several-years long games. ( The

solutions : discard all the fat on meat not eat meat every day and eat fish/eggs instead avoid eating fried food : éviter de manger de la nourriture frie use skimmed or half milk, yoghurt, cream : utiliser du lait écrémé ou demi écrémé use low fat spreads use oils low in saturates and avoid animal fat choose bread and cereals high in fibres eat meals including peas, beans or lentils eat rice, pasta, cereals atmosphere : atmosphère casualty : victime climate : climat to rise : augmenter deforestation

rate of: when you calculate how many ... and you do a synthesis - harbour: place on the coast where the boats are - “heart-break island”: because it breaks your heart - contagious disease: a disease which you can catch very fast and spread by contact - to face sth: to be able to manage it, to deal with it - to commit suicide: to kill yourself - a voyage: a long journey/ trip involving travel by sea (or in space) - the fare: the price, the money payable for a journey

deregulated, the speculative bubbles are going to lead to chronic instabilities and imbalances able to spread across all markets. This interconnection of all markets in each economy is going to makes a simple crisis on one of these markets, spread to the entire system; it is called a “systemic crisis”. We had had a very good example with the subprime crisis that began in the U.S. and has spread worldwide, resulting in global instabilities suffered by all economies. Our market economy, speculation

propres et inversement 75 76 Exemple Boeing : D marché = 8 194 milliards $ (=20%) FP marché = 32 595 milliards $ (=80%) βE = 1,01 Prime de risque de marché = 5,5% Taux sans risque = 5% Taux d’IS : 35% E(rboieng)=5% + 1,01*5,5% = 10,58% Note AA => spread = 0,5% => rD = 5,5% Coût net de la dette rD (1-0,35) = 3,58% 1. calcul du coût des fonds propres Boeing avec un endettement de 10% β A=1,01/(1+0,65*0,25) = 0,87 Pour un niveau de dette x= 10% =D/(D+FP) On a, D*/FP* = x/(1-x) = 11,11% βE* = 0

Mais cela creusa massivement la dette publique selon leur PIB respectif. Entrainant une hausse des taux d’intérêt et des spreads des dettes publiques de ces pays. Un endettement public excessif est problématique pour un Etat car la solvabilité de cet Etat baisse, plus l’endettement est fort plus il perd de la confiance dans sa capacité de remboursement. De ce fait les spreads de ses emprunts augmentent ce qui alourdit encore le service de la dette. Etat encore plus endetté, l’Etat voit ses marches

« consumer society » where everyone wants always more. Moreover, many people don't have any more time to be posed because they have an hectic life and due to their rush way of life they often eat in fast food. This was typically American, but now it's spread in many countries. MacDonald is the best example of this phenomenon. Food in fast food is very fatty and sugary, and it causes many problems as heart diseases, diabetes and also obesity. In Europe, obesity has largely increased during last few years

barriers are advantages that incumbents have relative to new entrants. There are seven major sources: 1. Supply-side economies of scale. These economies arise when firms that produce at larger volumes enjoy lower costs per unit because they can spread fixed costs over more units, employ more efficient technology, or command better terms from suppliers. Supply-side scale economies deter entry by forcing the aspiring entrant either to come into the industry on a large scale, which requires dislodging

installation of new communications. These introduced kinds becoming for some intrusive pose of problems at the level of biodiversity. Corbicula fluminea, filter-feeding mollusc of freshwater, native to Asia, imported in France by the ballasts of boats spread in the almost entirety of French hydrogeographical network. Used also pedal-feeding, this mollusc may be to influence the metabolism of the microbial communities by giving them nutriments necessary for their development. So, being given that in environment

the conditional. She is adventurous, because she dares to climb on a roof, which is not her property, she is not afraid lines 10-11:” she spreads her arms like wings”. She must be an artistic person, because she is sensitive to the music. 6. When Mick stood up on the roof of the (ruined house)new house under construction, she felt free.( L10 “ she spread out her arms like wings”). She thought of all the things she had done when she was young ( all the things she will do older). She