By Dialogo June 07, 2011 Leftist Ollanta Humala, a former member of the military, forty-eight years old, claimed victory in the Peruvian presidential election in a square in downtown Lima, in front of thousands of followers who waited for him for hours. “The results that have been issued, the quick counts show us that we’ve arrived successfully and that we’ve won the elections in Peru,” the candidate said, in front of a multitude who applauded him enthusiastically. Humala promised that he “will continue with economic growth, and that this growth will be the great motor of the country’s social development,” at the same time that he proposed a government of national unity. Humala’s supporters experienced moments of anxiety after the first official bulletin showed a closer result than did four quick counts of the voting that identified him as the winner. Nevertheless, Fernando Tuesta, director of the Catholic University’s Opinion Institute, judged that Humala’s small lead did not mean that his triumph was in danger. “Some results from the north and Lima (where Keiko has more support) have very high numbers, but the departments where Humala has more votes are lacking. The official results will gradually move closer to what the quick counts indicated,” Tuesta said. “Based on our experience, the probability that the quick counts are mistaken is very remote; what’s expected is that the results will move closer to the quick count,” he added. According to four quick counts, Humala won by a margin of between 2 and 4.4 percentage points. The director of the Ipsos-Apoyo consulting firm, Alfredo Torres, said that “this result is irreversible.” If Humala’s triumph is confirmed, it would be the first time the left has returned to power since the military regime of Juan Velasco Alvarado (1968-1975).
“Oil price movements will have less of an impact on renewables than many fear due to the longevity of climate change as an investment driver relative to the short-term fluctuations in commodity prices,” S&P said.It noted that many green bond proceeds were used not only for renewable energy projects but to tackle pollution, and fund housing and water projects unaffected by commodity-price volatility.The rating agency’s report argued that market growth would come from corporate and municipal green bond issuance but said the Chinese market’s embrace of the concept would be a “game changer”.It said there were several reasons China would have an interest in growing the diversity of the local bond market – including the government’s stated aim of reducing carbon emissions.But it added that green bonds could be a means of encouraging Chinese companies to issue debt, thus relieving the credit risk concentrated within the country’s banking system.Its prediction came the same day as the Climate Bonds Initiative and the International Institute for Sustainable Development launched a report in Beijing to promote the growth of green bonds in China by setting up a green bond market development committee to review market standards, among other things.The promotion of such standards, either through the private or public sector, is allowing green bonds to “take root”, according to S&P, although it added that the onus of ensuring individual bonds are compliant is still on investors.The European Commission recently indicated it would support market solutions over new regulation for green bonds as it seeks to establish the Capital Markets Union.Jonathan Hill, commissioner for financial stability, told IPE new legislation would not always be the most effective or proportionate approach.“In many cases, the onus will be on the market to deliver solutions,” he said. The recent decline in oil prices is unlikely to harm the green bond market due to the longevity of climate change as an investment topic, Standard & Poor’s has predicted.According to the rating agency, 2015 would be a test for the viability and durability of the green bond concept due to changes to energy markets.The report, ‘Corporate bond market shows its green shoots’, questioned whether recent market growth had in fact been the result of “exceptionally benign” capital markets conditions.But it concluded that the market would continue to grow despite falling oil prices.
WICHITA, Kan. – IMCA Modified drivers following the BST Tour enjoy title sponsorship and financial support from Precise Racing Products for a third consecutive season.The Wichita, Kan., high performance parts supplier and Hoosier race tire distributor again provides a portion of the $2,000 point fund for the eight-race series in Colorado.“Backing by Precise Racing Products has been integral to the success of this tour,” noted IMCA Marketing Director Kevin Yoder. “Their motto is We Sell Speed and they’ve helped innumerable drivers get faster with point fund money and gift card awards.”Precise also gives $50 gift cards to top 10 drivers in final point standings for the Jet Racing Central Region for Modifieds, the EQ Cylinder Heads Northern Region for Stock Cars, the Big Daddy Race Cars Northern Region for Hobby Stocks, and in national standings for Karl Chevrolet Northern SportMods.BST point fund checks will be presented during the national awards banquet in November or mailed beginning the following week. All series drivers must display two Precise Racing Products decals on their race car to be eligible for point fund shares.The champion receives bonus points applicable toward national and regional standings.Jeff Hunter won the last two BST events after Ryan Gaylord topped the opening night show.Ken Schrader and Kenny Wallace are scheduled to join tour regulars for events Aug. 28 at Colorado Motorsports Park, Aug. 29 at El Paso County Raceway and Aug. 30 at Phillips County Raceway.Wrapping up the tour are dates Sept. 6 at I-76 Speedway and Sept. 18 at CMP.More information about Precise products is available by calling 800 651-5164 and at the www.preciseracing.com website.