November 5th, 2007

Online shopping booming while high street dwindles

Online shopping is booming as customers turn away from high street Email newsletter Enjoy our blogs

- «broganblog.dailymail.co.uk»

- «katienicholl.mailonsunday.co.uk»

- «bazblog.dailymail.co.uk»

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November 4th, 2007

Scam Warning - Please read before is too late

Do not get blineded by the sweet dreams and promises to profit big in forex for the first time, but novice traders, please read this so you don’t get into the corner I found myself in, losing most of my money because this bastrad of all bastards who you call Felix, and i call demitri or the real brain behind all this scam, a guy called Bruce Hoffman from Texas(convicted for many fraud crimes and spent time in jail).

This little punch of people doing what at least can be described as organized crime, inlcuding many other identities like Rob, Grespi, Rick, Ghafour, Rasheid, Omar, and many more masks….all fake

They promote their signal service, fooling novice forex traders to count on them in trading the news. they have caused hundreds of people to lose big money. they even dare to promise you if you lose that they can blackmail the broker to get you your money back.

They have done that several times and we have seen traders burned by their flames, and they try to flame brokers too, some times succeed and others not. Google for felix combined with Oanda, interbankFX, FXCM, Forex.com, and any broker of your choice, you will see their scams, a replica used with tens of brokers over the past 3 years, and the victims, hundreds of traders who get broke.

See what I found about those bunch of crooks on the web, and don’t ask me, I have been also burned by these theives.

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November 3rd, 2007

Religion and Money: A Brief History

Welcome to the new Queercents Series on money and religion, connections and disconnects, the history of and the modern-day relationship between the two, all tied to the personal experience of having grown up as a pastor’s kid who would ultimately come out as queer. My experience has been primarily with Western religion, so, aside from specific references, the majority of the opinions in my posts will be regarding modern Christianity.

Sometime ago, Nina posted commentary on a few other posts she’d read on religion and personal finance, much of the content of which debated the relativity of the two to one another. The link between money and religion is an interesting and ancient one. Money is a child of the church, literally. Practicing religion arguably has an impact on personal finance, but even without a personal practice, micro and macroeconomics are steeped in the currency of the global states of various religions.

Of the original seventy-some medieval churches, there remain 36 in the British town in which I’m now living. They are beautiful; around almost every corner a looming gothic design is situated, including one massive Cathedral built by the intruding Normans in the eleventh century. Mandatory tithing and/or forced labor brought many of these architectural treasures into being. These two traditions – tithing and slavery — have accompanied western religion for centuries and are a major force in historical urban development, as well as fostering the stratification of class systems, and fueling serious personal gain for various ruling classes.

The induction of the first gold coins in history, those of King Croesus of Lydia (present-day part of Turkey) in 560 BC, marks both an interesting link to and departure point of money from its progenitor, the Church. The Museum of Money and Financial Institution’s website, A Brief History of Money and Religion, notes that “In the time of many gods, the temple was the treasury.” Money and religion were, in fact, inseparable. The site also offers a brief and incomplete etymology of the word gold, in part a derivative of an eighth century verb, gelten, meaning to sacrifice. Sacrifices were the original form of investment. The wealth of the spirit and financial well-being were not separate entities.

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November 3rd, 2007

GLOBAL FOOD CRISIS LOOMS as global warming takes toll

Demand for biofuels and soaring crop prices raise fears of political instability.

Empty shelves in Caracas. Food riots in West Bengal and Mexico. Warnings of hunger in Jamaica, Nepal, the Philippines and sub-Saharan Africa. Soaring prices for basic foods are beginning to lead to political instability, with governments being forced to step in to artificially control the cost of bread, maize, rice and dairy products.

Record world prices for most staple foods have led to 18% food price inflation in China, 13% in Indonesia and Pakistan, and 10% or more in Latin America, Russia and India, according to the United Nations Food and Agricultural Organization (FAO). Wheat has doubled in price, maize is nearly 50% higher than a year ago and rice is 20% more expensive, says the U.N. Next week the FAO is expected to say that global food reserves are at their lowest in 25 years and that prices will remain high for years.

Last week the Kremlin forced Russian companies to freeze the price of milk, bread and other foods until January 31, for fear of a public backlash with a parliamentary election looming. “The price of goods has risen sharply and that has hit the poor particularly hard,” said Oleg Savelyev, of the Levada Center polling institute.

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November 3rd, 2007

Harry, Homer, and hot dogs give Cineplex its best quarter ever

A summer full of blockbuster movies helped give the Cineplex movie empirea record quarter, the company said Friday.

During the third quarter that ended in September, Harry Potter and the Order of the Phoenix, The Simpsons Movie, Ratatouille, and Transformers all got heavy exposure on the 1,315 screens owned by the Cineplex Entertainment Limited Partnership. Cineplex Galaxy Income Fund three-month chart

Cineplexsaid third-quarter attendance was 24.4 per cent higher than last year, total revenues climbed more than 22 per cent to $243.9 million, and net income surged 166 per cent to $24.8 million.

Concession revenue jumped almost 25 per cent as the average amount each patron spent roseto an average of $3.79.

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November 3rd, 2007

Batman Forever (1995) - Money Bills

Five $20 and $50 Money Currency Used in the Movie.

COA from Hollywood Prop Supply.

original / screen-used

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November 3rd, 2007

Foggy pulls plug on team

Four-time World Superbike champion Carl Fogarty has decided not to return to racing as a team owner in 2008 after failing to find a major sponsor.

Fogarty had signed a deal with legendary Italian manufacturer MV Augusta but has decided to pull the plug on his race team activities.

Lack of sponsor: Carl Fogarty

Fogarty, whose team was previously backed by Petronas, told www.eurosport.com: “Everyone knows that this is a difficult time for motorcycle sponsorship. However, we hoped that the combination of my team with an iconic brand such as MV Agusta would have been an attractive proposition for potential sponsors both in the UK and abroad.

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November 3rd, 2007

You are at the center of your own Web: What Google's new Open Social means for you and me

You are at the center of your own Web: What Google’s new Open Social means for you and me

Social networks boomed when kids — who have always called the friends they’ve just left at school as soon as they got home — moved to Web networks such as MySpace to stay in constant contact with all their friends at once. They establish their own profile pages and plaster them with links to what they like — their favorite people and music and books and TV, games to play, maps of where they’ve been, poll and surveys and sometimes even news headlines.

Adults, who often center more on the families we’ve built and live with, were late to this party, sidling in through professional networks such as LinkedIn before flooding into Facebook, which began as a college students-only hangout, but eventually had to include those who’d graduated, then anybody.

What’s important here is that social networking puts each of us at the very center of our own Web, surrounded by links we care about.

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November 2nd, 2007

Mid-Day Forex Technical Report - EUR/USD at New Record High on Carry Trade After Strong NFP

Forex Mid-Day Technical Report

EUR/USD at New Record High on Carry Trade After Strong NFP

Initial reaction to the much stronger than expected Non-Farm Payroll report is like what’s discussed before, carry trade dominates. Even though dollar is sent higher against the Japanese yen, resumption of carry trade activities, on anticipate of rally in US stock market, sends most yen crosses higher, which in turn overdone dollar’s strength. As a result, EUR/USD is lifted to new record high above 1.45 level again while other majors strengthens too. In Oct, US economy added 166k jobs, almost a double of expectation of 88k. Though, prior month’s job growth was revised lower from 110k to 96k. Unemployment rate remained unchanged at 4.7%.

USD/CAD dived to new multi-decade low right after release of much stronger than expected job report. Canadian economy added 63k jobs in Oct, much high than expectation of 12k. Unemployment rate dropped to new 33 years low of 5.8% vs expectation of 5.9%. The data reinforces the view that BoC is firmly on hold with no room for an early rate cut yet.

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November 2nd, 2007

Daily Forex Technical Report - Non-Farm Payroll to Trigger Market Volatility and Carry Trades

Forex Daily Technical Report

Non-Farm Payroll to Trigger Market Volatility and Carry Trades

Markets’ attention are all turning to today’s Non-farm payroll report. After a solid number of 110k job growths shown in Sep, economists expect job growth to slow slightly to 88k in Oct, with unemployment rate staying at 4.7%. Leading indicators of NFP generally suggest an upside surprise in today’s data. Wednesday’s ADP private employment report showed 106k job growths in the private sector which in turn indicates that the NFP could be in the region of 125-130k. Challenger report also showed a sharp fall in layoffs fro 71k to 63k. Yesterday’s ISM manufacturing report also showed its employment component improved slightly from 51.7 to 52, highest since Apr. However, recent high readings in weekly jobless claims are putting some doubt on the optimistic view on NFP.

Nevertheless, considering the volatility in yen crosses and its correlation with the stock markets, reaction in the forex markets to the NFP may not be that straight forward. On the one hand, a strong NFP number will likely provide boost to the greenback as well as the stock market which in turn prompt selling of yen. In such case, high yields could be boosted up in respective yen crosses on carry trade and in turn put pressure back to the greenback. Hence, going long in carry trade yen crosses, like AUD/JPY could be a better choice in case of a strong NFP. On the other hand, a weak NFP will put some pressure on the dollar and the US stock markets, which could send the yen higher on risk aversion. Other currencies would then be pressured in their yen crosses, then limiting their rally against dollar. Hence, in such case, selling of USD/JPY could be a better choice.

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