Monday, October 5, 2015

iPhone users across China installed an app promising porn and free movies—they got malware instead

Two weeks after Apple suffered one of its biggest security blows ever, another strain of malware has affected some users in China, where the company remains a beloved brand.
According to research from Palo Alto Networks, a California-based network security company, Chinese iPhone owners could find themselves subject to downloading a strain of malware dubbed YiSpecter.
It’s not clear how many users have been or could be affected by YiSpecter, which researchers say has been around in various iterations on various software platforms since November 2014. But its reach is likely more contained than XCodeGhost, the malware strain that Apple found itself inadvertently distributing in the App Store last month.
YiSpecter primarily spread through downloads of an imitation version of QVOD, a video streaming app published by Beijing’s Kuaibo, which distributes visual content that is sometimes pirated or pornographic. After being raided by authorities in April last year, Kuaibo appears to have removed the real QVOD from Apple’s and Google’s app stores, judging by its scant presence on App Annie.
But it seems the architects of YiSpecter took advantage of QVOD’s removal by creating an imitation app billed as “QVOD version 5.0,” and paying for app install ads across China’s internet. Those ads were published on web forums, media sites, and even pushed by China’s ISPs themselves. The ads also appeared in jailbroken iOS app stores like Cydia, and in various web forums on the Chinese internet.
XCodeGhost, meanwhile, was distributed through an unofficial version of Apple’s developer toolkit XCode, which developers at some of China’s biggest internet companies obtained because it was faster to download than Apple’s approved version. This meant 150 of China’ s most popular apps were at one point affected with the malware, and all were readily available in Apple’s official iOS app store.
Upon download, YiSpecter collects information about the user’s phone usage habits, and also arbitrarily downloads new apps, uninstalls existing ones, and alters search and other settings in Apple’s Safari browser. XCodeGhost only collects data but did not tinker with the contents of one’s phone.
A source close to the matter tells Quartz that the vulnerability permitting YiSpecter’s spread has been fixed for iOS 9, the iPhone’s most recent operating system upgrade.
Claud Xiao, author of the report by Palo Alto Networks, says that while YiSpecter and XCodeGhost remain unrelated, they both highlight how Apple remains vulnerable amidst the murky waters of China’s internet. “The world where only jailbroken iOS devices were threatened by malware is a thing of the past,” writes Xiao. While that might be correct, China’s pothole-riddled internet remains a thing of the present, and software firms that are concerned about security among their Chinese users will likely have to give extra attention to the region.

Sweden’s liberal image is a mirage that hides a very ugly problem

Sweden is supposedly a liberal utopia: a land of generous welfare, substantial foreign aid donations, and green-fingered sustainability. But Sweden’s noble image is hiding an ugly truth.
Racism is blighting Swedish society, and people of African descent face daily harassment and hate crimes, according to a United Nations report presented to the UN human rights council earlier this week. Yet the country is so convinced by its tolerant reputation that it refuses to acknowledge the problem. The report found:
The Swedish philosophy of equality and its public and self-image as a country with respect for human rights, non-discrimination, and liberal democracy blinds it to the structural racism faced by Afro-Swedes and Africans in its midst.
There has been a 31% rise in reported “Afrophobic” hate crimes from 2010 to 2014, according to the Swedish National Council for Crime Prevention (pdf). The UN Working Group of Experts of People of African Descent reported “a real fear within the communities, especially for young black men, that they could be violently attacked at any time.” Structural racism means that black people in Sweden have reduced access to health care and education, according to the UN report, while “the police view people of African descent as criminals rather than a vulnerable community that needs protection.”
But Sweden is so convinced by its own reputation that the government has removed the word “race” from the Discrimination Act—because the law assumes that all people belong to the human race. The United Nations was unimpressed:
The Working Group is aware that to delete “race” from the lexical corpus does not eliminate racism based on racial discrimination. Rather it may be a way to ignore, minimize, or obscure the reality of the specifically “racial” racism faced by a part of the Swedish population.
There are roughly 200,000 Africans and people of African descent living in Sweden, who make up 2% of the country’s 9.6 million population. But the UN found that Sweden did not properly address or acknowledge its involvement in the transatlantic slave trade.
A xenophobic political party, the Swedish Democrats, won almost 13% of the national vote in 2014 and became the third-largest party. Yet Sweden continues to cling onto its “self-perception of being a tolerant and humane society,” according to the UN report.
Sweden has the world’s best reputation for its social and economic policies, and is understandably proud of its status. But if Sweden’s benevolent reputation is unfounded, it risks becoming a mask for the very intolerance Sweden claims to avoid.
This post was updated with details of the Swedish Democrats’ results in the 2014 general election.

Saturday, October 3, 2015

LEASING BANK GUARANTEES USD/EURO 5 M +

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QUESTION: WILL THE TERMS OF ISSUING AND PROVIDING REMAIN THE SAME, OR CAN THERE BE CHANGES?
Answer: This is not a regular banking service. The market of providing financial instruments is constantly on the move and we try to obtain best possible terms at any time. So you must be aware that an indication provided today might not be valid and available tomorrow.

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QUESTION: WHAT IS AN SBLC OR A BANK GUARANTEE?
Answer: An SBLC is a Stand By Letter of Credit. A BG is a Bank Guarantee instrument. It has nothing to do with the classical documentary Letter of Credit, which is used for international trading of commodities. An SBLC is the USA format of the well known Bank Guarantee (BG). The SWIFT message type (MT) is SWIFT MT799 for a pre-advice message and SWIFT MT760 for the actual guarantee instrument transmission.

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QUESTION: HOW IS AN SBLC OR BANK GUARANTEE USED?
Answer: SBLC’s (and BG’s) can be used to enhance your ability to apply for a line of credit with your bank; in other words, it can be used as collateral when your bank is asking for additional comfort when you ask them to fund your project.

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QUESTION: WHAT IS THE TYPICAL VALIDITY PERIOD OF AN SBLC/BG?
Answer: The SBLC/BG is generally issued for 1 year and 1 day (With the option of Rolls and Extension), but can easily be extended up to 5 years, sometimes longer. Once issued the SBLC is transferred to your bank via the SWIFT protocol MT760.

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QUESTION: WHAT ARE BASIC CRITERIA FOR AVAILING AN SBLC OR A BANK GUARANTEE?
Answer: To successfully apply for an SBLC you need to be aware of four vital points: You need to have a good project, You need to have a bank funding your project based on the supporting collateral, You need to have the money to pay for the leasing of the Bank Guarantee or SBLC, You need to have a realistic exit strategy to repay the loan and return the SBLC at the end of the term, or renew the instrument, year after year.

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QUESTION: IS THERE A DIFFERENCE IN APPLYING IF MY BANK IS AWARE OF THE LEASING TRANSACTION OR NOT?
Answer: YES, you have to provide an RWA that is bank endorsed indicating that the SWIFT and bank fees are blocked in your account. If your bank is not aware of your transaction, and you cannot come up with a bank endorsed RWA, then you will have to pay a USD/EUR 5,000.00 processing fee, after application and following invoice. This fee will be credited towards a commission payment that will be due after you followed through with the transaction and your relevant obligations.

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QUESTION: ARE THERE ANY ADVANCE FEES?
Answer: The SWIFT and bank arrangement fees will have to be placed directly with the provider and paid into an account as nominated by the provider after executed contracts and before the SWIFT MT799/760 is sent to your receiving bank. This is fully refundable and credited towards your annual leasing fees.

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QUESTION: WHY SHOULD I PAY FOR SWIFT AND BANK ARRANGEMENT FEES?
Answer: Once you have signed the contract with the provider, and the provider accepted you as a potential client and countersigned the contract, you will receive the provider’s corporate refund undertaking and the invoice for the SWIFT and bank arrangement fees are due to be paid. This fee is refundable and will be credited towards the annual leasing fees. As soon as your payment reaches the provider’s designated account, he will block his cash funds or assets for your transaction and applies for delivery of the SWIFT MT799 and MT760 to your bank. The provider will block his cash or assets for your transaction, once you have paid for the arrangements. You will pay for the actual leasing fees only after receipt and verification of the SWIFT MT760 through your own bank within 7 banking days.

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QUESTION: WHAT ARE THESE SWIFT AND BANK ARRANGEMENT FEES?
Answer: Depending upon the size of your transaction, these SWIFT and bank arrangement fees apply:
USD/EURO 10M TO 49M USD/EURO 50,000.00
USD/EURO 50M TO 99M USD/EURO 70,000.00
USD/EURO 100M TO 199M USD/EURO 100,000.00
USD/EURO 200M TO 499M USD/EURO 200,000.00

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QUESTION: WHEN AND TO WHOM DO I HAVE TO PAY THESE SWIFT AND BANK ARRANGEMENT FEES?
Answer: SWIFT and bank arrangement fees have to be placed directly with the provider into his nominated account. The fees are refundable once the client followed through with payment of the yearly leasing fees

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QUESTION: WHICH FEES ARE INVOLVED IN THIS LEASING TRANSACTION OF USD/EUR 5 M TO USD/EUR 250M?
Answer: The Processing Fee – which is only relevant, if your bank does not confirm that you have the SWIFT and bank arrangement fees ready
The SWIFT and bank arrangement fees – which are relevant in any transaction of less than USD 250 million. These fees will have to be placed with the provider and paid into an account nominated by the provider after contract, refund undertaking and invoice, but before the SWIFT MT799/760 is sent to your receiving bank.
The annual leasing fees and broker commission – This is 6% (leasing fee) and 2% (broker commission) which will have to be paid within 21 banking days of receipt of the financial instrument at your receiving bank and verification by your bank.

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QUESTION: WHAT RECOURSE IS AVAILABLE IF AFTER REMITTING THE SWIFT AND BANK FEES, THE INSTRUMENT IS NOT ISSUED?  IS THIS CONCERN COVERED IN THE CONTRACT BETWEEN THE BORROWER AND THE PROVIDER?
Answer: YES, it is covered in the contract and there is a Corporate Refund Undertaking which spells out the refund in the event the instrument is not issued in line with the contract. Also, there is a 1% penalty payment in the event of default on the contract terms, also if the default is on the side of the provider.

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QUESTION: DO YOU STILL LEASE INSTRUMENTS AT $5M LEVEL OR HAS YOUR Q&A SECTION NOT BE UPDATED?
Answer: Instruments can still be leased at USD/EUR 5,000,000 but in that case the provider will have to combine several transactions, which could possibly result in a slightly longer processing period.

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QUESTION: IF THE SWIFT AND BANK FEES ARE TO BE REFUNDED, WHY MAKE THE APPLICANT PAY IT UPFRONT?
Answer: Because these are costs that occur and have to be paid to conduct the transaction of the client. Why should the provider have to advance these fee payments for the client who is the ultimate beneficiary of the service? Would the client’s own bank send a (any) SWIFT message for the client, if the client’s account is not in funds for them to deduct the transmission fees right away?

We provide BG/SBLC, DLC and performance or payment guarantees for your import and export activities.

We provide BG/SBLC, DLC and performance or payment guarantees for your import and export activities. The amounts range from USD/EUR 500,000 to USD/EUR 10 Billion. For issuing these instruments, we do not ask you for a collateral, an escrow deposit, or any such money that may affect your cash flow.

Issuing fees for LC, BG or SBLC for trade finance purposes are provided upon request because fees depend upon the amount, duration and banking costs.
Our procedures for issuing trade finance instruments are as follows:

1. Client completes application form (provided on request)
2. WE send the first draft of the LC, BG or SBLC, payment or performance guarantee
3. Client reviews the draft in consultation with the beneficiary (i.e. receiver or seller)
4. Client requests changes or modifications (if any).
5. Client receives revised draft and repeats step 3
6. Client provides us with the following:

• Signed and approved copy of the final draft for issuance
• Client Information Sheet (CIS)
• Passport copy of the authorized signatory of client’s company
• Agreement signed by the authorized signatory

7. Provider receives required issuance fees against a commercial invoice
8. Instrument is issued to the receiving bank per wording as approved by the client
9. Client receives swift copy of the issued instrument.

Should you have the need for trade finance instruments without stressing your cash flow, bank facility or even when your bank becomes uncooperative, let us know and we will start the process immediately.

Any questions? Please send an email. I need you to have total clarity!

QUESTIONS AND ANSWERS ABOUT CREDIT ENHANCEMENT

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QUESTION: WHAT IS CREDIT ENHANCEMENT?
Answer: Credit Enhancement is a method whereby a company attempts to improve its debt or credit worthiness. Through credit enhancement, the lender is provided with reassurance that the borrower will honor the obligation through additional collateral, insurance, or a third party guarantee. Credit enhancement reduces credit/default risk of a debt, thereby increasing the overall credit rating and lowering interest rates.
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QUESTION: WHAT PURPOSE DOES A LEASED INSTRUMENT, WHICH IS NOT CALLABLE, SERVE?
Answer: You are leasing an instrument on the basis that the instrument is not called, even though it legally could be called, but you lease it for your own credit enhancement. You can not seriously expect that a 4% leased instrument will actually be available to pay for your eventual debts of up to the face value of the leased instrument.
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QUESTION: HOW IS CREDIT ENHANCEMENT APPLIED?
Answer: Credit enhancement is used to obtain better terms for an outstanding debt. Securitization, posting collateral and obtaining external credit enhancement such as a letter of credit are some basic forms of credit enhancement. Firms may also increase cash reserves or take other internal measures to uphold superior solvency ratios.
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QUESTION: WHAT IS A CREDIT ENHANCEMENT INSTRUMENT?
Answer: A leased instrument that can be a powerful business tool when used for enhancement purposes, to enhance your credit position with your bankers (or at your supplier’s bank), or to improve your balance sheet. All the securities should be callable, assignable, fully transferable and lien capable. Only a solid financial standing of the applicant/client and a proper legal structure can build the required framework to achieve this.
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QUESTION: WILL THE PROVIDER PAY FOR MAY DEBTS IF THE INSTRUMENT IS CALLED?
Answer: Think about it, the majority of bank instruments are for an amount of USD/EURO 100M and more, and are owned by the most affluent individuals in the world. Do you really think they would allow you to use it as collateral for risky transactions, all for just a 5-10% fee per year? No, that would be ignorant, and not worth the risk. Any transaction is structured in the way that YOU ORDER A SWIFT and the provider arranges that SWIFT MESSAGE as ordered by you. You will end up having to pay for your debts yourself.
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QUESTION: IT IS MY UNDERSTANDING THAT BANKS DON’T LIKE LEASED BGS. IS THAT THE CASE AND WHY? WHAT MAKES YOURS ACCEPTABLE AS COLLATERAL?

Answer: We do not provide any sort of education on how you should use Bank Guarantees and SBLCs for your credit enhancement. On this subject, please consult with your own banker. Your bank will have to provide you with a credit line and agree to fund your project or business once a Bank Guarantee or Standby Letter of Credit has been advised to your receiving account via SWIFT MT799 and MT760, issued by a major world bank.

Friday, October 2, 2015

We Are Direct Providers of Loan, Project Finance, Bank Guarantee, SBLC, DLC & Letters of Credit

LOANS AND INVESTMENTS LTD is legally registered in Europe and Asia to provide Loans & International Project Funding. We offer flexible loan terms and our loan interest rate is just 3% per year.

We are also direct providers of banking Instruments such as Bank Guarantees, SBLC, DLC and  Letters of Credit to both local and international customers. Our Bank Instruments are issued from prime banks like HSBC, Barclays bank, Citi Bank, Standard Chartered, Deutsche Bank, UBS or any top bank of your choice. 

OUR SERVICES ARE: 

Loans & International Project Finance
Bank Instruments like BG, SBLC, DLC, Letters of Credit (L/C)
Proof of Fund (POF)
Blocked Funds for Investments
Insurance Underwriting Services
Escrow Services
Trading Platforms
Show Net Worth Requirements
Corporate Finance
Private Equity
Investments/Wealth Management
Commodity Trading
Oil/ Petroleum Transactions


Email us today for more information. 

EMAIL 1: loanandinvestments@outlook.com
EMAIL 2: ceo@loanandinvestments.com
Skype: loanandinvestments

Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker or mandate please contact us for more details.

Direct Providers of Loans, Project Finance & Banking Instruments such as Bank Guarantees, SBLC, DLC and Letters of Credit

LOANS AND INVESTMENTS LTD is legally registered in Europe and Asia to provide Loans & International Project Funding. We offer flexible loan terms and our loan interest rate is just 3% per year.

We are also direct providers of banking Instruments such as Bank Guarantees, SBLC, DLC and  Letters of Credit to both local and international customers. Our Bank Instruments are issued from prime banks like HSBC, Barclays bank, Citi Bank, Standard Chartered, Deutsche Bank, UBS or any top bank of your choice. 


OUR SERVICES ARE: 

Loans & International Project Finance
Bank Instruments like BG, SBLC, DLC, Letters of Credit (L/C)
Proof of Fund (POF)
Blocked Funds for Investments
Insurance Underwriting Services
Escrow Services
Trading Platforms
Show Net Worth Requirements
Corporate Finance
Private Equity
Investments/Wealth Management
Commodity Trading
Oil/ Petroleum Transactions


Email us today for more information. 

EMAIL 1: loanandinvestments@outlook.com
EMAIL 2: ceo@loanandinvestments.com
Skype: loanandinvestments

Brokers are paid good commission on each successful transaction so if you want to work for our company as a broker or mandate please contact us for more details.