Music has always been something very important for each person. It gave hope, happiness, sadness and other powerful emotions. Music has always been our source of inspiration and best way to relax. Nowadays the development of the society caused a great diversity of different musical genders: pop, rock, R&B, jazz, classical music and many others. Amateur of any gender imposes some requirements to the musical files that he listens: their high quality and opportunity to listen to them whenever he likes. And the best solution for such kind of people has become Factory Audio Converter. This software is very useful, because it is able to do all kinds of operations connected with the conversion of audio files.
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Wma to mp3 converter is irreplaceable, because of its speed, quality and big number of additional options.
You can start the process of conversion by drugging any file you like from the windows explorer to the converter’s window.
The process of burning a CD has always been quite long and difficult but with the help of audio converter everything became easier. In some minutes you are able to create any album or collection you like and store it on any drive. Make your own musical library and enjoy the quality of sound. Converted files will occupy little place so you can expand your collection.
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With the help of Wav to mp3 converter is easy to make burnable files and to save them on a CD. The program supports a lot of different files so you can use it for converting all kind of music. There’s no need any more to search a new converter for every new format, this software includes them all. Files even of a big size will be converted in no time. Several thousands of files can be processed in the same time without difficulties. Just select a folder, choose a format and the conversion begins. You will be pleasantly surprised by its speed and quality.
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Wma converter has a special option which allows working with several files at the same time and converts different formats to a common one.
You can convert wav to mp3 in any moment and very quickly. Just try ones the converter and you will be pleased by its speed, simplicity and quality of work. Download it once and you won’t like to work with any other program. Our converter is a very reasonable and clever decision.

The U.S. president Barack Obama has sent Congress a draft law which, if adopted, would prohibit the marketing risk of banks and impose restrictions on their size. Under the project, banks will be allowed to trade only for their own benefit and they can not “possess” more than 10 percent of the total liabilities of the banking system through acquisition. The measures will rank the regulators to block mergers that would increase the market share of a bank above a certain limit, unless it becomes bankrupt bank with the permission of the regulatory authorities. The purpose of the bill submitted by President Obama in late January, is to prevent another crisis like the present by reducing the propensity of banks to take risks. The proposed limit of liability is held close to the existing limit on bank deposits. Commercial banks in the United States held 10.4 trillion. dollar liabilities at February 17, according to the Federal Reserve. From JPMorgan Chase held 1.5 trillion. dollars of the total liabilities of commercial banks at 31 December, Bank of America – 1,3 trillion. dollars, and from Citigroup – 1 trillion. dollars.
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The decision by a court in Luxembourg, the EU today, is likely to protect from Swiss bank UBS to pay direct compensation to investors who lost money in a fraudulent scheme by Bernard Madoff fund established by the bank, said yesterday. HSBC may also avoid such cases. Court rejected the appeal of a small group of investors who want direct compensation from UBS, and not by the liquidators of the fund Madoff. The decision could affect many are currently facing lawsuits against UBS in its capacity as custodian of funds and LuxAlpha LuxInvest, who have lost a total of about 1,7 billion dollars of investment scheme Madoff. Lawyers have commented that after today’s decision does not expect the courts to allow investors to directly sue for compensation, auditors and trustees of the funds. However, the decision is contrary to EU directives, known as UCITS, which protect small investors by strict rules for investment funds that are open to the public, investors and lawyers intend to appeal the decision.
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This week last trading session on Wall Street began with increases for the three main index, after the labor market in the largest world economy showed signs of stabilization in February. Unemployment in the country remains at a level of 9.7 percent for the second consecutive month, while the number of persons engaged in non-agricultural sectors of the economy, fell less than expected by 36 thousand. Government data on employment in non-agricultural sectors are among the most important landmarks of the state of U.S. economy. They show what is the number of workers participating in the creation of gross domestic product (GDP) by sector. This in turn is a source of information for future consumption, and consumer spending are a source of two thirds of GDP. The index of 30 major and most active shares traded on U.S. stock markets – Dow Jones IA – rose by 0.8 percent to 10 529 points an hour after the start of trading. The broad S & P 500 advanced 1% to 1 134 points, led by financial and energy companies. Index Nasdaq Composite, which combines all the companies traded on NASDAQ, rising by 1.1% to 2 318 points.
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The U.S. shares saw its best performance since the beginning of January after leading index Dow Jones Industrial Average (DJIA) closed the week with growth of 2.3 percent. Investors relax after employment data in February proved to be not as bad as expected. The U.S. economy lost 36 thousand jobs in February instead of the expected 56 thousand. Shonberger Todd, managing director at LandColt Trading, however, warn that enthusiasm can quickly be cooled. In his temporary jobs figures are overstated, and while they do not become a permanent long-term prospects remain unclear. Dow Jones Industrial Average rose by 1.2 percent in today’s session at 10 566 points per week which represents an increase of 2.3 percent. Growth of the DJIA today is the largest of 16 February onwards. The index was led by further growth at Boeing (3,6%), American Express (3,4%) and Alcoa (3,2%). Broader index S & P 500 rose by 1.4 percent to 1 139 points or weekly growth of 3.1 percent. Technological Nasdaq increased by 1.5% to 2 326 points after Apple announced a new Tablet PC that the company will begin to be sold on 3 April, which led to a rise in its shares by 3.9 percent.
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The U.S. shares rose as the index Dow Jones Industrial Average added 0.5 percent to 10 444.14 points and the beginning of the year recorded a growth of 0.2 percent, cited by Market Watch. Walt Disney led the increase with growth of 2.9% of the shares after by Bank of America Merrill Lynch increased their ratings. Shares of two other components of the Dow rose after an increase in their ratings – those of Coca-Cola added 1% and Boeing – 1,7%. The market expects the data on employment in non-agricultural sector in the country in February, which will be published tomorrow. Estimates are reducing the number of employees. The Nasdaq Composite index increased 0.5 percent today, the S & P 500 – by 0.4%. Insurance companies are ranked among the losers pending the outcome of a meeting of executives from the industry representatives of the White House in connection with health reform.
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The Friday’s session, and last week brought strong increases in stock markets in Asia and the Pacific region, after the concerns of investors from monetary policy tightening in China and the United States, and their concerns about the fiscal crisis in Greece gradually quiet. The regional index MSCI Asia Pacific, which covers the securities markets in ten Asian countries, Australia and New Zealand, have risen for the second consecutive week, rose by 2.2 percent over its closing level of last Friday. Today’s session brought him rise from 0.9 percent to 120.82 points. Best during the past five trading sessions the stock exchange is present in India, where the broad BSE 500 index jumped 4.2 percent on a weekly basis, while the blue chip index BSE Sensex 30 is increased by 3.6%. Only within the last three sessions foreign institutional investors have bought Indian securities for nearly 800 million dollars. Financial companies on the stock exchange in Mumbai, together with those from the energy and extractive industries are the subject of greatest interest from investors this year. Their stock optimism is a reflection of expectations that the Indian economy will grow at a rapid pace, which could overtake the pace of growth in China over the coming years.
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The Chinese Premier Jiabao proposed draft budget envisages a deficit of 1.05 trillion. dollars, or about 2.8 percent of gross domestic product this year. Negative balance due to increased costs for construction of housing for the poor and for rural and agricultural regions in the country, transmitted Market Watch. About 850 billion yuan will be the deficit of the central government, and another 200 billion will be generated by the local authorities plans show the prime minister. In 2009 the budget deficit reached 950 million dollars, which is highest in absolute value for the last six years. Gross domestic product rose by even 8.7 percent to 33.5 trillion. yuan, the government estimates show.
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The International Monetary Fund (IMF) is considering a new scheme for the allocation of billions of dollars that would apply in times of crisis by offering money to states, even if they do not like them, said the Wall Street Journal. According to “multinational credit line for the first time the IMF will allocate funds to groups of countries which it considers are in danger in times of financial crises, rather than individual countries, says a senior official of the fund. Not necessarily the parties have requested assistance, but rather the IMF will provide credit lines to those countries whose policies deemed reasonable. Member will be required to utilize the money. “The fund will declare that there is a systemic problem and a credit line granted to the following countries,” said the officer. He stated that no formal proposal is expected to be ready by September and will need to be approved by the Governing Board of the IMF. “We are looking for a new focus and capacity to deal with systemic risks”, said on Friday the fund’s managing director Dominique Strauss-Kahn, in a speech which hinted at the proposal.
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The first session of the March U.S. stock exchanges began with strong increases for the three main index after Wall Street investors welcomed news of the successful sale of assets of 35 billion dollars from U.S. insurance company AIG. Technology companies stood at the forefront of today’s rally, while those in the financial sector is ranked among the top losers of the session. The index of the 30 largest and most traded stock companies in the Dow Jones IA U.S. rose by 0.7% to 10 392.53 points and a half hours after the beginning of the session. The broad S & P 500 advanced by 0.7% to 1 112.66 points and the Nasdaq stock exchange Nasdaq Composite index added 1.2 percent to 2 265.43 points. The news that European countries plan to support Greece is becoming clearer, also helped on the advancement of quotations, along with data showing that personal consumer spending in the U.S. rose more than expected in January. They rose by 0.5 percent on a monthly basis, while personal incomes reported lower growth of 0.1 percent compared to December. This shows that the proportion of consumption in the United States earlier this year was at the expense of savings by U.S. households. Market analysts had expected both personal income and personal spending to increase by 0.4 percent on a monthly basis.
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