MC9

Page 1


0$59(/6· &+521,&/( 5 , 9 , 6 7 $ ' ( / / $ 1 8 2 9 $ & , 9 , /7 ­ 6 8 3 ( 5 8 0 $ 1 $ $112 ,, 1 129(0%5(

7UDPLWH XQD FUHWD UDGLRDWWLYD LQGXFHYD XQD SRWHQWH IRUPD G¶LSQRVL

,/ %85$77,1$,2 ',5,*( 81¶(9$6,21( ', 0$66$

/¶DXWRUH GHOO¶LQFLGHQWH DOOD SULJLRQH VWDWDOH KD IDWWR SHUGHUH OH VXH WUDFFH >GL - 3 /HH@ 1HZ <RUN 7HPSR ID OD 7RU FLD 8PDQD q VWDWD SURWDJRQL VWD GL XQ VDOYDWDJJLR DOO¶XOWLPR PLQXWR VXO SRQWH GL %URRNO\Q XQ XRPR LQ SUHGD D XQD VWUD QD IRUPD GL FDWDWRQLD VWDYD SHU JHWWDUVL GD XQR GHL SLODVWUL TXDQGR LO ILDPPHJJLDQWH HURH q LQWHUYHQXWR SHU FRQGXUOR LQ VDOYR /¶DUWHILFH GHO FRQWUROOR D GLVWDQ]D HUD 3KLOOLS 0DVWHUV XQ LQGLYLGXR LQ JUDGR GL PRGHO ODUH VLPXODFUL XPDQL FRQ XQD SDUWLFRODUH FUHWD UDGLRDWWLYD H GL LPSDUWLUH ORUR GHL FRPDQGL PHQWDOL /¶HSLVRGLR VL q ULSH WXWR TXDQGR OD &RVD LQ SHUVR QD YLWWLPD GHO FRQWUROOR VL q UHFDWD QHOO¶DSSDUWDPHQWR GL 0DVWHUV DVVLHPH DOOD 5DJD]]D

(',725,$/( Ê OD VHFRQGD YROWD FKH FL JLXQ JH QRWL]LD GL XQ YLDJJLR QHO WHPSR ,O SULPR KD DYXWR FRPH SURWDJRQLVWL L ) D ERUGR GHOOD VWUDRUGLQDULD PDFFKLQD LQYHQ WDWD GDO 'RWWRU 'HVWLQR YHGL 0¶& H VL q WUDWWDWR GL XQ YLDJJLR QHO SDVVDWR 6WDYROWD OD PDFFKLQD GL =DUUNR SURYHQL YD GD XQ IXWXUR DQFRUD LJQRWR LQ FXL OD SRSROD]LRQH GHOOD WHU UD KD ¿QDOPHQWH DEROLWR O¶XVR GHOOH DUPL /H WHRULH VFLHQWL¿ FKH VXL YLDJJL QHO WHPSR FL LQ GLFDQR GXH LSRWHVL LO YLDJJLR PRGL¿FD LO SUHVHQWH R LQXJXUD XQD QXRYD UHDOWj FKH FRUUH SD UDOOHOD DOOD SUHFHGHQWH ,Q RJQL FDVR FL FKLHGLDPR VH LO PRQGR GL GRPDQL GDO TXDOH SURYLHQH =DUUNR VLD GHVWLQDWR DG HVVHUH LO ³QRVWUR´ IXWXUR R VRODPHQ WH XQD GHOOH WDQWH SUHFDULH SRVVLELOLWj 1RL SUHIHULDPR FRQ VLGHUDUOD FRPH OD PHWD ¿QDOH GHO QRVWUR LPSHJQR LQ TXHVWD VRFLHWj DI¿QFKp O¶XWRSLD SRVVD GLYHQWDUH UHDOWj

WR FRQ OD VROX]LRQH FKLPLFD FKH ,QYLVLELOH LO 'U 5LFKDUGV VWDYD VSHULPHQ 0DVWHUV q ULXVFLWR D WDQGR SHU ULSRUWDUOR DOOD VXD ILVLRQRPLD XPDQD H D FDXVD F D W W X UD U H L GXH HURL GHOOD WUDVIRUPD]LRQH O¶LQIOXVVR GL 0DVWHUV q VYDQLWR 3XUWURS H DSSUR SR OD &RVD q WRUQDWD DOOD VXH I L W W D Q G R JURWWHVFKH VHPELDQ]H QHO JLUR GHOOD VR GL EUHYH WHPSR ,O TXDUWHWWR PLJOLDQ VL q WURYDWR TXLQGL D VYHQWD ]D GHOOD UH XQD FODPRURVD HYDVLRQH GL I L J O L D V W U D PDVVD GDOOD SULJLRQH VWDWDOH $OLFLD FRQ SURYRFDWD GDO GLUHWWRUH VWHVVR OD 5DJD]]D VRWWR FRQWUROOR GHO ³%XUDWWL ,QYLVLELOH QDLR´ )DOOLWR LO SLDQR 0DVWHUV OH KD IDWWR q ULXVFLWR D WHQHUH LPSHJQDWL L LQGRVVDUH ) FRQ XQ JURVVR URERW PHWDO LO FRVWXPH OLFR HG q VIXJJLWR DOOD FDWWXUD GHOO¶HURL JUD]LH D XQ FDYDOOR MHW $O WHU QD H OL KD PLQH GHOOD YLFHQGD L ) KDQQR V S H G L W L VFDJLRQDWR $OLFLD 0DVWHUV GDO H Q W U D P E L DO %D[WHU %XLOGLQJ SHU PHWWHUH WHWWR 3HU XQ FDVXDOH LQFLGHQWH O¶DFFXVD GL FRPSOLFLWj FRQ OR IXRUL JLRFR LO UHVWR GHO TXDU %HQ *ULPP q YHQXWR D FRQWDW VFHOOHUDWR SDWULJQR

,/ 5,&$772 ', =$55.2 /¶8202 '(/ '20$1, 1HZ <RUN 8Q LQFUHGL ELOH DYYHQLPHQWR KD LQ WHUURWWR LO WHVW GHOO¶HVHU FLWR VXOOD QXRYLVVLPD ERPED DO FREDOWR 0HQ WUH 7KRU HUD DOOH SUHVH FRQ OD VSHULPHQWD]LR QH GHOOH QXRYH DUPL LQ GRWD]LRQH DOOH IRU]H DUPDWH XQD PLVWHULR VD QDYLFHOOD q DSSDUVD GDO QXOOD QHO SHULPHWUR GHOO¶DUHD GL WHVW 6FHVR GDO PH]]R XQ XRPR q ULXVFLWR D VRWWUDUUH OD %RPED & SULPD FKH L VROGDWL H OR VWHVVR 7KRU SRWHVVHUR IHUPDU OR TXLQGL q VFRPSDUVR VHQ]D ODVFLDUH WUDFFLD /D YLFHQGD KD DYXWR XQ VHJXLWR LO FXL UHVRFRQWR q DQFRUD DO YDJOLR GHO OH DXWRULWj PLOLWDUL 6H

>GL ' =DXFKHU@ FRQGR OD YHUVLRQH GL 7KRU O¶XRPR FKLDPDWR =DUUNR HUD JLXQWR GD XQ ORQWDQR IXWXUR SUHFLVDPHQWH GDO O¶DQQR &RQ PH]]L QRQ PH JOLR SUHFLVDWL 7KRU DYUHEEH VHJXL WR =DUUNR QHO IXWXUR VFRSUHQGR FKH ± PLQDFFLDQGR FRQ OD %RPED & XQ PRQGR RUPDL SULYR GL DUPL ± FRVWXL HUD ULXVFLWR D SRUUH VRWWR ULFDWWR L JRYHUQL PRQGLDOL ,O 'LR GHO 7XRQR KD GRYXWR DIIURQWDUH GHL JLJDQWHVFKL URERW PHFFDQLFL DOO¶LQWHUQR GHO TXDUWLHU JHQHUDOH GL =DUUNR H DOOD ¿QH VL q UHLPSRV VHVVDWR GHOOD %RPED & DEEDWWHQ GR OD QDYLFHOOD FRQ FXL LO FULPLQDOH VWDYD WHQWDQGR OD IXJD 4XLQGL q WRUQDWR DO SUHVHQWH FRQ OD SUH]LR VD DUPD ODVFLDQGR =DUUNR LQ SUH GD DOO¶DPQHVLD QHOOH VLFXUH PDQL GHOOH DXWRULWj GHO IXWXUR


0$59(/6· &+521,&/( 1 129(0%5( 3$*,1$

5,&. -21(6 5$3,72 '$/ 0,67(5,262 +8/. >GL 0 +DQG@ 1HZ 0H[LFR 5LFN -RQHV LO UD JD]]R VFDPSDWR DOO¶HVSORVLRQH GHOOD %RPED *DPPD JUD]LH DO O¶LQWHUYHQWR GHO 'U %UXFH %DQQHU q VWDWR LQWHUURJDWR GDOOH DXWRULWj PLOLWDUL LQ UHOD]LRQH DO FDVR GHOOR VFLHQ]LDWR VFRPSDUVR ,O JHQHUD OH 5RVV QRQ q SHUz ULXVFLWR D IDUH FKLDUH]]D VXOOD UHOD]LRQH WUD OD VFRPSDUVD GL %DQQHU H OD FRPSDU VD GHOOD FUHDWXUD FKLDPDWD +XON QRQFKp VXO OHJDPH GL -RQHV FRQ HQWUDPEL 'XUDQWH LO WUDVIHULPHQWR DOOD 'HVHUW %DVH D VHJXLWR GHOO¶LQ WHUURJDWRULR -RQHV q VWDWR UDSLWR GD +XON H DWWXDOPHQWH GHO UDJD] ]R QRQ VL KDQQR QRWL]LH 0HQWUH q DQFRUD LQ FRUVR OD PHVVD D SXQ WR GHO 3URJUDPPD ,FHEHUJ SHU OD FDWWXUD GL +XON LO PRVWUR YHUGH

FRQWLQXD D LP SHUYHUVDUH QHOOD ]RQD /R DIIHU PDQR XQ JUXSSR GL VWXGHQWL VFDP SDWL D XQ LQFLGHQ WH IHUURYLDULR H XQD WURXSH FLQH PDWRJUD¿FD WHU URUL]]DWD GDOO¶DU ULYR GHO JLJDQWH &RQWUDVWDQWL LQ YHFH VRQR OH GL FKLDUD]LRQL GL XQ YLFH VFHULIIR FKH GLFKLDUD GL DYHU YLVWR +XON GDUH DOOD ¿DPPH XQD FDVD , VXRL RF FXSDQWL EHQFKp VSDYHQWDWL DI IHUPDQR LO FRQ WUDULR

$17 0$1 &$7785$ ,/ ³3527(7725(´ LPSHGLWR DO FULPLQDOH GL ³ULVFXRWH UH´ GDO SURSULHWDULR GL XQ QHJR]LR LQ +DUOH\ $YHQXH O¶KD VHJXLWR JUD 1HZ <RUN 1HOOH XOWLPH VHWWLPD ]LH DOO¶DLXWR GL VHJQDOL LQYLDWL GDOOH QH DOFXQL JLRLHOOLHUL KDQQR VXEuWR OH IRUPLFKH HG q ULXVFLWR D FDWWXUDU DQJKHULH GL XQ FULPLQDOH PDVFKH OR QHO VXR QDVFRQGLJOLR $OO¶DUULYR UDWR D FXL GRYHYDQR UHJRODU PHQWH YHUVDUH XQD VRPPD GL WUHFHQWR GROODUL LQ FDPELR GL SURWH]LRQH ,O PDOYLYHQ WH FKH VL IDFHYD FKLDPDUH ³,O 3URWHWWRUH´ WHUURUL]]D YD OH YLWWLPH PLQDFFLDQGROH GL PRUWH QHO FDVR VL IRVVHUR UL¿XWDWH GL SDJDUH R DYHVVH UR FKLHVWR O¶DLXWR GHOOD 3ROL ]LD /D VHULH GL HVWRUVLRQL H GDQQHJJLDPHQWL KD DYXWR WHUPLQH JUD]LH DOO¶LQWHUYHQWR GL $QW 0DQ FKH GRSR DYHU

>GL - %DUWRQ@

GHOOD 3ROL]LD $QW 0DQ KD VYHODWR OD YHUD LGHQWLWj GHO FULPLQDOH VRWWR TXHOOD PDVFKHUD JULJLR YLRODFHD VL FHODYD LQFUHGLELOPHQWH LO YROWR GHO JLRLHOOLHUH *HUDOG 0DUVK D VXD YRO WD SURSULHWDULR GL XQ QHJR]LR LQ (OP 6WUHHW &RVWXL DYHYD FR VWUXLWR XQ¶HVRVFKHOHWUR FKH QH DXPHQWDYD IRU]D H GLPHQVLRQL H SHU GL VWRJOLHUH L VRVSHWWL DYHYD PHVVR LQ VFHQD XQ¶DJ JUHVVLRQH GD SDUWH GHO IDQWRPDWLFR ³3URWHWWRUH´ 7XWWDYLD QHO FRQJHJQDUH LO VXR VWUDWDJHPPD 0DU VK QRQ KD WHQXWR FRQ WR GHOOD ³YDULDELOH $QW 0DQ´ TXHO FKH VL GLFH XQ SLDQR TXDVL SHUIHWWR

,0%$5$==2 '(//( $8725,7¬ 68/ &$62 ³021*8´ >GL 0 +DQG@ 1HYDGD 3DQLFR LQ FLWWj SHU O¶DW WHUUDJJLR QHO SDUFR GL XQ¶DVWURQD YH DOLHQD GD FXL q VEDUFDWR XQ WHU UL¿FDQWH JXHUULHUR GL QRPH 0RQ JX 'RSR DYHU ULYROWR LO JXDQWR GL V¿GD DO SL IRUWH FDPSLRQH GHOOD 7HUUD O¶DVWURQDYH q ULSDUWLWD YHU VR LO *UDQG &DQ\RQ DG DVSHWWDUH XQR V¿GDQWH 1RQ VL VRQR DYXWH XOWHULRUL QRWL]LH ¿QFKp L PLOLWDUL QRQ KDQQR ULQYHQXWR LO OXRJR GHOOR VFRQWUR 6HFRQGR OH GLFKLDUD]LRQL ULODVFLDWH DO 0HWURSROLWDQ +HUDOG O¶DOLHQR 0RQJX HUD LQ UHDOWj XQ HVRVFKHOHWUR LQ JUDGR GL FRQWH QHUH XQ FRPXQH HVVHUH XPDQR ,QROWUH O¶DVWURQDYH VL q ULYHODWD XQ 0LJ GL IDEEULFD]LRQH VRYLHWL FD FDPXIIDWR 'RSR DYHU WURYDWR VXO OXRJR WUDFFH GHOOD SUHVHQ]D GL +XON O¶LSRWHVL GHL PLOLWDUL q TXHO OD GL XQD PRQWDWXUD DUFKLWHWWDWD GDOOD FUHDWXUD DOOR VFRSR GL RWWH QHUH XQ LPPHULWDWR ULFRQRVFLPHQ WR )UD OH DXWRULWj PLOLWDUL UHJQD SHUz O¶LPEDUD]]R FLUFD OD IUDJLOLWj GHL VHUYL]L GL LQWHOOLJHQFH QRQ q VWDWR DQFRUD FKLDULWR LQIDWWL FRPH DEELD IDWWR XQ 0LJ UXVVR H DOWUH DUPL IDEEULFDWH ROWUH OD &RUWLQD GL )HUUR D SHQHWUDUH QHO FXRUH GHO QRVWUR SDHVH

:,=$5' 7(17$ ', 6&5(',7$5( /$ 725&,$ 80$1$ >GL ' =DXFKHU@ *OHQYLOOH 8QD VHULH GL DWWL FULPLQDOL KD SRUWDWR DOOD ULEDOWD LO QRPH GHOOD 7RUFLD 8PDQD LQGXFHQGR OD DXWRULWj D GDUH OD FDFFLD DO JLRYDQH DYYHQWX ULHUR $FFXVDWR GL DYHU FRPSLXWR XQD UDSLQD LQ EDQFD SURYRFDWR XQ¶HYDVLR QH LQWHUURWWR LO WUDI¿FR VX XQ SRQWH H GLVWUXWWR XQ PRQXPHQWR -RKQQ\ 6WRUP KD GRYXWR IRUQLUH OH SURYH

IRWRJUD¿FKH GHOOD VXD LQQRFHQ]D ,Q UHDOWj O¶DXWRUH GHL FULPLQL HUD LO IDPR VR :L]DUG O¶XRPR FKH WHPSR ID FRQ O¶DXVLOLR GL XQD IXWXULVWLFD PDFFKLQD VFDYDWULFH VWDYD WHQWDQGR GL UDJJLXQ JHUH LO FHQWUR GHOOD WHUUD 'HVLGHURVR GL LQWUDSUHQGHUH XQD V¿GD FRQ OD 7RU FLD SHU PHWWHUH DOOD SURYD LO VXR LQJH JQR LO QRWR FDPSLRQH GL VFDFFKL KD ¿QWR XQ LQFLGHQWH SHU HVVHUH VDOYDWR GDO UDJD]]R SURGLJLR 4XLQGL O¶KD FRQ GRWWR FRQ O¶LQJDQQR QHOOD SURSULD FDVD

XOWUD WHFQRORJLFD H O¶KD UHVR LQHUPH 7UDPLWH XQD VSHFLDOH WXWD LQ¿DPPD ELOH PXQLWD GL MHW KD TXLQGL LPSHUVR QDWR OD 7RUFLD H KD FRPPHVVR XQD VHULH GL FULPLQL ,O PHPEUR GHL ) q SHUz ULXVFLWR D OLEHUDUVL GDOOD VXD SUL JLRQH JUD]LH D XQ¶HQRUPH HPLVVLRQH GL FDORUH FKH KD IXVR OH SDUHWL GHOOD VXD FHOOD H FRQ O¶DLXWR GHOOD 5DJD] ]D ,QYLVLELOH q ULXVFLWR D PHWWHUH IXRUL JLRFR :L]DUG SURYDQGR OD VXD WRWDOH HVWUDQHLWj DL IDWWL

0DUYHOV¶ &KURQLFOH 5LYLVWD PHQVLOH $QQR ,, 1 1RYHPEUH 'LUHWWRUH (GLWRULDOH -R 3 /HH 5HGD]LRQH 0ROO\ +DQG -RQDWKDQ %DUWRQ 'RQDOG =DXFKHU *UD¿FD H LPSDJLQD]LRQH (WKDQ (GZDUGV ,PPDJLQL -DFN .LUE\ &RYHU $UWLVW $QGUHM 0DUNRY 0DUYHO &RPLFV DQG DOO UHODWHG LPDJHV DQG ORJRV DUH 70 ‹ 0$59(/ $OO FRS\ULJKWHG PDWHULDO LV XVHG RQO\ IRU MRXUQDOLVWLF DQG SURPRWLRQDO SXUSRVHV


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.