السبت، 22 سبتمبر، 2012

Dollar bounces result disappointing data

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U.S. dollar got a break against the euro, and the details are disappointing PMI issued yesterday, showed that commercial activities in the euro area remained weak despite efforts by the central bank.

As reported from Tokyo at 13:45 (Japan time), the euro traded at $ 1.2972 against the U.S. dollar, after falling more than 0.6% on Thursday, and had reached the EUR / U.S. dollar on Monday to the highest level a 4-month low of 1.3173, but lost about 2% of that value since then. Continue fears the euro zone debt formation of a burden on the economy, and there is now renewed expectations that Greece will be forced once again to restructure existing debt, and all of this is likely to put pressure on the euro in the short term.

Helped the euro was down to push the U.S. Dollar Index, which contains among its components on the euro and other major currencies as trading the index at its highest level in a week when 79.660 DXY, away from the lowest level in 6 months and who had arrived to him on Friday at 78.601 DXY.

The beginning of the Chinese PMI data yesterday, the turmoil global PMI data from the euro zone and the United States of America, added pessimistic tendencies and highlighted the difficulties faced by decision-makers, even with having quickly to print currency.
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Fundamental analysis of currencies in the Forex market

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You will learn in this tutorial how to apply fundamental analysis to your trading style, this is what some call it "institutional Forex trading system." You learn the fundamentals of the economy that affect the overall global market. So-called fundamental analysis.

There is a big debate among traders who use technical analysis only and traders who use fundamental analysis only. For me, this just an academic topic. If there is information you need close monitoring. Do not just rely on fundamental analysis or technical, use Monday. When you have a strong technical pattern powered with the basics, the probability to be true is inevitable.

When it appears both the fundamental and technical analysis different directions, you have to be careful. Do not operate happiness with Forex trading, wait and watch, The Forex market is not suitable for Dreamers, you use scientific analysis to maximize the probability that the correct perception of what you can get from the market. Then analyzed deeply, and the fact that a strong technical pattern, know basic support for your analysis, you will have a good deliberative decision. Take risk tolerance, and you will be successful.

There is a central bank in each country is responsible for the benefit of its economy. The central bank monitors some of the key factors that affect the economy, and to adjust their economic policies according to these factors.

Are advertised these factors constantly in fundamental analysis of currencies, and know the exact time of the announcement in advance. Consider such factors as the key indicators of the economy. Most central banks are: Feds, the European Central Bank, the Bank of Japan, the Bank of England. There are many key indicators, but few have called him "the engines market." Called this title because it is when they are advertised, they provide adequate support to move the markets, and because a significant impact on the economy and on the positions traders.

The most important is what you need to know about fundamental analysis is the market outlook for the index. Offers some analysts a number of potential indicators that will be announced. Such order effect on the markets and traders take their positions based on them. When index is announced, it will affect the market only when it is very different from what the market had expected. The reason is that all the factors available to the public have been put into consideration. When advertising for new information have an impact on the market only when they are different than expected.

Place the Forex strategy, know in advance what is fundamental indicators and analyzes important that will be announced next week in fundamental analysis of currencies. Learn about the expected figure that was available, and try to predict what will happen if this figure will appear better or worse than expected. It may be difficult at first, but it becomes easier with learning.

There are a lot of fundamental analysis (indicators), indicators of America the greatest influence on the market, and EU indicators less impact, except in the case where a significant difference from what is expected. Continued central bankers when they talk and give some evidence for inflation and interest rates, as these two are the main drivers of today's economy. When issued words such as "alert" or "very vigilant" about inflation from a central bank governors, will have a significant impact on the currency.

When inflation rises, the central banks are trying to reduce by raising interest rates, and when the interest rate rises, currency support. Learn what are the economic indicators that reflect inflation and the central bank's decisions on interest rates, and fundamental analysis will be an additional tool you can use in the Forex trading.

Observe always things that the market already knows, because all this information is reflected on the prices in the market. When issued new information, learn, and take your situation based on them.

There is a lot of information about fundamental analysis on the Internet. Visit Bloomberg economic agenda and the economic agenda Yahoo. Use the search words such as "Basics of Forex" or "economic agendas Forex" and you will find what you are looking for. Then examine the meaning of these indicators and the relationship between them. Owns the majority of Forex traders integrated economic agenda in their own trading platforms.

Often a time on these economic agendas is GMT "Greenwich", you know the time differences between the region in which they live and the timing of "Greenwich," and will know what time it is, who will announce the index. Agreement is announced in the market - if any - in advance on these economic agendas.

Study analyzes the fundamental or economic indicators accurately, and you will have in the end, a wonderful guide helps you in the trading process.
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الجمعة، 21 سبتمبر، 2012

Astronomical catastrophe supplied Russia with tons of rare diamonds

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Revealed Russia, on Tuesday, all the mystery remained its reserves since the seventies of the last century, a "secret Massey" in every sense of the word, and shortening of the reserves size trillions of carats diamonds rare fall asleep under the nozzle most recently bumping an asteroid before 35 million years, a enough to meet the diverse needs of the world of diamonds for more than 3000 years.

Asteroid who came all the breath of life in Eastern Siberia latest where diameter hole 99 kilometers and stayed without a study, that scientists began "Institute Novosibirsk of Geology and Mineralogy," studied 50 years ago almost, and named it Popigai Astroblem famous, and discovered beneath reserves astronomical of diamonds Nader is completely unknown.

And تكتمت authorities of the Soviet Union defunct on "News Diamond" did not allow extraction of only carats specific studies and tests that proved them to MAS "Bobegay" stronger than double any diamond known in the market, making it ideal for industrial uses and scientific, which is kind of formed raw materials from bumping asteroid a field of diamonds already exists on the ground and at high speed.

And the statement issued by Nikolai Buquelenko, director of "Institute Novosibirsk" geological, that could precautions field diamond old - new influence on the type of movement markets world diamond "Although the main customers for this type of diamond harsh are the companies and scientific institutes," he said.

Nikolai said that diamonds present in the field, "ten times larger than all of the world's reserves at the same time", pointing out that it "trillions Alkirarat" according to his assertion, which means that Massa in Cedar wealth tonnes to Russia billions each year.

As Gennady Nikitin, a deputy director of the "Institute of sapphire diamond Nyibrom" Russian also, Vnnbh that the new discovery could affect diamond prices, "but we do not know how prices will be in the market if it entered sparklers superior rigidity," according to his assertion.
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Chinese passenger plane "C-919" takes place first experimental voyage in 2014

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Revealed Chinese media that the first model of passenger aircraft large "C 919" Chinese-made finished designs first and began working currently in the detailed design, is scheduled to hold the plane journey first pilot in 2014 and obtain a certificate of airworthiness and enter the market in 2016, itwhich symbolizes the recovery of the civil aviation industry in China, entering the competition in the global market monopolized by American Boeing and European Airbus.

China enjoys intellectual property rights independent of passenger aircraft large "C 919", which has cost nearly 60 billion yuan, or about $ 9.5 billion, and up over the flight to 4075 kilometers, and its cargo maximum takeoff to 72.5 tons, and the number of hours flight designed it to 90 thousand hours.
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Saudi student develops a submarine in cooperation with NASA

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Under its scientific doctoral able engineer and Sam Hassan SPI, scholarship of Umm Al Qura University Ph.D. at the University of Queensland Technology, Australia, in the field of engineering specialty Smart systems design submarine water smart, and do experience a successful operation in the territorial waters of the United States of America SouthwestState Los Angeles, and in collaboration with the national Research management Aeronautics and Space NASA and the California Institute of Technology and under the supervision of Dr.. specialist Ryan Smith aquatic submarines.
تصميم | اخبار | اخبار السعوديه | ابحاث
The SPI: characterized by this kind of submarine work control system self, and are used to the goals of scientific research, the goal of this experiment is to apply "systems of artificial intelligence on the submarine to exploit energy water currents different in determining the course of the submarine to reach certain areas to collect samples of ocean water.

And will introduce the draft submarine smart and details of the experience and results at the International Conference for harnessing the power of ocean MTS / IEEE OCEANS 2012 and primarily in the state of Virginia America in October, as reported Riyadh, in addition to the launch of the second experiment of the project early next year additions new to the system.

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11 way to increase the benefit of attending conferences and exhibitions Forex

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Forex Trade and investment conferences and educational seminars carries between a lot of positives and beneficial to individuals and business owners together, but this is difficult to summarize the reasons that may lead you to be among the attendees. We will try in this article mentioned eleven way to get the maximum benefit from the show.

In general, when she attends related conference in the field of work you care or express your actual experience, be a golden opportunity to connect with renowned experts on the local or global level and colleagues know them thanks to their articles and books. How can you get the most out of the FX shows in general, and reverse this benefit in your trading day? There is no absolute answer to this question, and each dealer may have a professional and personal goals different wants to achieve by attending exhibitions and seminars Forex.

Here are the top 11 ways that may help you to achieve maximum benefit from the presence in the Forex Trade:
1. Read the conference agenda carefully, and select what episodes that may help you improve your trading skills. Farther from the seminars that you can learn their own materials, and give yourself a chance to hear the very threads that do not you speak or think you are weak.
2. Closer to professional colleagues to become your friends in Congress, to be able to participate in what you learn. Such cooperation could bring benefits, especially when talking with you about the episode only one of you to attend.
3. Brought from the first day do not leave before the end of the conference. You can not realize how much good information may miss if you arrive late or leave early.
4. Stay at the selected hotel for the conference. There is a need to reside in the hotel where he resides, a majority of those present, where you can Altoaslk with as many of the experts and expand your network in the most effective.
5. You have to realize that potential employers and clients or business partners are watching your behavior and actions when attending concerts conference. Act responsibly, you're not really "out of service".
6. Do not leave yourself without business cards, in order to help new acquaintances to remind you when they return to their home countries.
7. Collect tactfully largest number of business cards as much as possible, so you can follow up with postcards and e-mails and phone calls and appointments.
8. Buy the tapes and audio CDs which is based on the conference registration through educational seminars. Do this even for seminars attended, but before you do this make sure that these recordings have not been published on the Internet for free.
9. Be an active participant, and ask questions and made comments.
10. Met and I thank everyone who worked at the Planning Commission. They deserve special praise. When thanking, will surely be one of the few who do.
11. And last but not least, open your mind to new challenges, and look carefully to all the new ideas put forward and the future that is reminiscent of theories in conferences. Who knows? These ideas may be the source of your success in the future.

Do not miss the top of the Middle East and North Africa tenth for the management of investment funds - 2012:
Despite the economic slowdown and political instability that dominate the countries of the Middle East, United Arab Emirates remains the largest market in the region and has a strong economy based on a solid foundation and a long-term vision.

For the sixth year in a row the group Arabcom (Arabcom Group) with al Summit Middle East and North Africa tenth for the management of investment funds in the 15 to 16 November 2012 at the Jumeirah Beach Hotel in Dubai.

The exhibition will present the latest technological developments in e-commerce and innovations designed to reduce the hidden costs, and the reduction of non-competencies in circulation to attend. Diversity of the summit's agenda a very large, as is the case every year, on a wider scope to cover all that is new in the world of forex, bonds, futures, oil, gold, commodities, options trading and other bilateral.

As you can encounter approximately 1,000 investors from all over the world, and interview the winners at the top of the Middle East and North Africa tenth for the management of investment funds, in the field of Forex money management and investment.

Summit will be held for two days between the conference and exhibition, where it displays the professionals in the industry discussing financial issues leading in the Middle East with regard to the current global economic situation.

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Gold above 1770 dollars after stimulus boosted investor appetite

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- Gold prices returned on Friday to rise above 1770 dollars an ounce, as expectations that developed central banks measures to spur growth will boost liquidity and raise inflation and keep interest rates at their lowest level the precious metal on the road to achieving gains for the fifth consecutive week. Also boosted other markets higher gold price. U.S. stocks resumed and the euro to rise and oil recovered from its lowest level in a month and a half with the return of investors to the market after the stimulus measures announced by the major central banks in recent times.
Gold rose in the spot market 0.4 percent to $ 1773.44 an ounce by 0945 GMT, while U.S. futures increased gold for delivery in December 6.10 to $ 1776.30 an ounce.
The Bank of Japan was the latest central bank reveals a monetary measures to facilitate this week after the Federal Reserve announced (Central American) for a big program of asset purchases and the ECB's announcement of a plan to buy bonds from euro zone countries heavily indebted.
Among other precious metals increased silver 0.6 percent to 34.78 dollars an ounce, while platinum rose in the spot market up 0.6 percent to $ 1631.25 an ounce.
And palladium rose 1.4 percent to $ 669.47 an ounce.
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A look at the latest phones after entering «HTC» competition with the iPhone and Galaxy »

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The smart phone market in the world struggle over who has the largest percentage of market share, after Samsung began the race in June launched «Galaxy S 3 'and' Galaxy Ativ feed based on Android operating system as Nokia rushed launch the first mobile operating systemWindows Phone 8 «Umia 920» and «Umia 820 in September.

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And raised «Apple» her smart «iPhone 5» September 12 system running the new «ios 6» prompting the announcement «HTC» on September 20, put my phone «HTC 8X» and «H T C-8 S» for reservations market share by the end of 2012.

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Video «Apple opens its doors to lovers of the iPhone 5» German and delight to receive the first device

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Did not go minutes at the beginning of the twenty-first day of September even opened stores 'Apple' doors in Australia and Hong fact that Japan and Germany to receive the lovers of the iPhone 5 »according to the newspaper« Tele Graf.

She had introduced the new Apple product (iPhone 5) on Friday and markets was a record demand degree raised questions about the possibility of inadequate supply.
Apple received more than two million Request for a device (iPhone 5) in the first 24 hours which is similar to double the number of sales on the first day of the previous subtraction (iPhone 4S).






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Golden Boot delivery Messi late October

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Some press reports confirmed Spanish that the Spanish football, will hand over the Golden Boot Award for the FC Barcelona star Lionel Messi, top scorer in the Spanish league season (20112012), with the end of the month of October (day 25 or 26 of the month).

It is noteworthy that Lionel Messi won the award after scoring 50 goals as the best scorer in all European leagues, to lead all of Cristiano Ronaldo, who scored 46 goals, and Radmill Falcao Garcia, who scored 24 goals
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Russia announces the names of the cities hosting the 2018 World Cup soon

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MOSCOW (Reuters) - organizers said the 2018 World Cup football on Friday that Russia will announce the names of the cities that will host matches finals via local television screens in 29 of September.
Organizers said that the announcement of the names of these cities will be through "Tonight," which aired the first Russian channel at 21:20 local time (17:20 GMT).
The Local Organising Committee said in a statement that "Sepp Blatter, president of the International Football Association (FIFA) and Vitaly Mutko and Russian sports minister Sevithan ceremony announcing the names of the host cities."
And 13 Russian cities competing to host the tournament which Moscow and St. Petersburg and Kaliningrad, Yaroslavl, Nizhny Novgorod and Kazan, Samara, Saransk, Volgograd, Krasnodar and Rostov, Sochi and Yekaterinburg.
The final match will be played at the Luzhniki Stadium in Moscow while giant will choose another stadium in the Russian capital in the selection process.
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24 percent "decline" in sales of computer equipment giant Oracle

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Oracle Corp. announced that quarterly sales of computer equipment fell
24% on an annual basis while working hard to bring about a qualitative leap in the unit computers that have fallen to when buying Sun Microsystems.

The company, which managed and Silicon Valley billionaire Larry Ellison, the value of sales of computer equipment fell to $ 779 million in the first quarter of its fiscal year ending August 31, according to Reuters.

She had expected a decline of 7 to 17%. Oracle also said that sales of new computer programs increased by 6% from a year earlier to $ 1.6 billion, an increase in line with the company's expectations.

Oracle recorded the third largest software maker in the world profit in the first quarter, with the exclusion of provisions amounted to 53 cents per share, which is in line with the median forecast in a Thomson Reuters survey IBM ESI.
Was little changed on Oracle shares in subsequent trading after closing in the Nasdaq market closed at 32.26 dollars.

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Providing the price of cigarettes Turkish shoe shiner bought the house of his dreams of 4 floors

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Have you thought about a day what is the value of a pack of cigarettes? Do believe that the value of a pack of cigarettes that go smoke in the air could have check According dreams and the Anatolia news agency Turkish citizen working shoe shiner to collect a large sum of money over the 23 years of the money that was supposed to be spent on smoking if a smoker. It came up with the idea of a Turkish citizen "Alec" that is throughout this period to give his wife a day the price of a pack of cigarettes, which he will buy on a daily basis if he is a smoker.


He mentioned citizen told the Anatolia news that he did not smoke cigarettes or any type of tobacco throughout his life, and he was very poor, but in light of the idea received by the mind 23 years ago could now owning a building of 4 floors, not to mention no harm to his health.

 "Here" aged 56 years, and a resident in the area, "Onyia" in the province of "Urdu" on the Black Sea north of evil Turkey, that the main motivation for the implementation of this idea but it is a seven secure the future of his children.
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الأربعاء، 19 سبتمبر، 2012

After the publication of cartoon of the Prophet France decided to close their embassies and schools Friday in 20 countries

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France announced its decision to close its embassies and schools in 20 countries on Friday following the publication of caricatures of the Prophet Mohammad (PBUH) in a French magazine.

And announced the French Foreign Minister, Laurent Fabius, said on Wednesday that France had taken a "special security precautions" to protect embassies in the world after the publication of cartoons of the Prophet Mohammed in the French satirical magazine.

Fabius said "sent instructions to take special security precautions in all countries that can get problems."

He also contended that the publication of the magazine Charlie Hebdo weekly satirical cartoons of the Prophet Mohammed in the "status quo" hurt "oil on the fire." Ban demonstrations
In contrast, French Prime Minister Jean-Marc Aareault, on Wednesday, he will be banned demonstration called for Saturday in Paris to protest the anti-Islam film, reminding shocked by the publication of cartoons of the Prophet Mohammed in a French magazine comic that they can resort to the judiciary. The Aareault explained that "I do not need to bring disputes does not mean France to our territory."

The Prime Minister emphasized that the French Republic does not accept at all any intimidation from anyone in relation to their values. He continued, saying "We will not tolerate any excesses," praising the "spirit of responsibility and moderation majora in which they possess the" French officials Religion in France.

Freedom to draw cartoons
In response to a question about the cartoons published by the magazine "Charlie Hebdo" on Wednesday and ridiculed the Prophet Mohammad said Aareault "We are in a country that preserves the freedom of expression and freedom of drawing cartoons, too."

"On each individual to exercise this freedom and respect", but "if people really felt abused in their convictions, they can resort to the courts.'ve Already got this with this magazine," he said, adding that France is a secular republic civilian.

He concluded by stressing that it is up to those in charge of this newspaper to decide what should be done or not done.

The weekly "Charlie Hebdo" satirical published Wednesday cartoons of the Prophet Mohammed, and a week after the outbreak of the wave of protests against Islamic anti-Islam film
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الثلاثاء، 18 سبتمبر، 2012

Global declines Iron stimulates Saudi investors to re-import

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Galvanized successive declines steel prices on the global level Saudi investors and contractors to resume imports from abroad after the Ramadan period which saw the anticipation by investors for global price indices.
After the stability lasted for four weeks experienced world prices for ferrous metals, prices declined in most crudes in the second week of September.
Investors said in their conversations with "Riyadh" The succession of price declines globally encourage them to import large quantities of iron after an increase in demand after the Ramadan period.
They emphasized that the price difference between import and domestic prices, which are in favor of import motivates investors to import large quantities to meet domestic demand and to take advantage of price differences.
Khaled al-Qahtani investor sector contracting and resource building materials: the current situation has become tempting for investors to import to benefit from price differentials between imported products and shoddy Arabia and the local product, which is oil prices now by global standards high, reaching up differences price to hundreds of dollars per ton.
He revealed that the number of contractors to negotiate directly with many international companies in China, Turkey and Ukraine to import large quantities of iron and re-registration of new orders after a period of Ramadan, supported by the high level of demand on the domestic market as a result of government projects and large housing projects for citizens.
For his part, criticized the investor sector contracting Mohammed Saad lack interaction domestic market with declines global stability price index iron Department of Commerce for local companies manufactured and which was formerly the direct interaction when prices rise globally despite buying large quantities old prices and sold to consumers in accordance with the course of global conditions.
While does not have any impact to lower prices locally by manufacturers Bhetwala global declines, which draws more than a question mark over the policy of raising prices locally when it rises globally and this is expected and installed dips International.
He pointed out that many of the Arab and Gulf markets reacted with global declines and Oakptha cut prices, except for the local market that exploits the increased demand of price fixing.
The price dropped tons billet crude, the key element in the manufacture of iron to $ 580 on September 11, 2012, compared with a week that kiss, which amounted to $ 600 on September 4, down $ 20 per tonne, as the price of tons rebar to 615 dollars on September 11 2012, compared with the week before, and which amounted to $ 630, down $ 15 per tonne.
And settled price of a ton of scrap cut at $ 380 on August 11, 2012, while the price of tons of steel coils flat on the "hot" for up to 555 dollars on August 28, 2012, compared to prices on 4 September, which amounted to $ 565, down $ 10 per ton, and stabilized the price per ton of cast iron at $ 495 on September 11, 2012.
The Ministry of Trade and Industry informed the Council of Saudi Chambers to previous necessity circular on contractors who carry out construction projects government need to use iron to allow them to use imported steel as an option for the implementation of these projects and reduce the huge demand for iron factory locally in order to reduce rising prices.
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Motorola launches its first phones with the Intel-backed

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Phone works, of course, within the operating system environment "Android 4.0-Ice Cream Sandwich," and the company is studying upgraded to the latest version "Jelly", but did not disclose the exact date for the update.
Technology "Hyper Threading" from Intel
The phone uses the processor, "Intel Medfield" type "Atum - Z2480" mono-core 2 GHz speed. Although single-core processor, but it works efficiently similar dual cores, thanks to Intel, known as "multipath-Hyper Threading" based on technology "32 nm", which seems to the operating system like a dual processor cores, to ensure fast performance and high efficiency in treatment.

The phone comes equipped with technology display screen "Super AMOLED" Measuring 4.3 inches at a resolution 960 × 540 pixels, and covered with a layer of protection from "gorilla" resistant to shocks and scratches. The outer structure coated "DuPont Kevlar" with durability and high strength and resistance to heat gives a soft texture of the phone.

The device has a camera background carefully equipped with 8 megapixel feature "auto-focus" flash "LED" capable of 1080p video capture at 30 frames per second, and the other front 0.3 megapixel resolution. The phone weighs 126 grams and 8.3 mm thick dimensions of 122.5 x 60.9 x 8.3 mm.
Internal memory capacity of 32 GB maximum
Other technical specifications contain the phone of RAM 1 GB, and other internal capacity of 8 GB, can be increased through the port "Micro SD" up to 32 GB maximum.

According to the "Motorola", فالهاتف gives the user a long battery life 40% higher than the life of the battery in the phone "iPhone 4S", as it continues to work up to 20 hours of average use, and effort of 2,000 mA per hour.

The phone supports in terms of communication networks "UMTS" frequencies (850-900-1900 -2100) MHz, and all the networks of "GSM", as well as networks of "GPRS", and "EDGE". It also supports technology "Wi-Fi" wireless, and Bluetooth 2.1 + EDR ", and communication technology near-term" NFC ", and GPS" GPS ", and a digital compass, as well as its support to the technology" DLAN "broadcast multimedia content to other home appliances.

The company plans to put her by October / October in several selected markets, including Britain, Brazil, France, Argentina, Germany and Mexico, but did not announce the price.
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Police dispersed protesters with tear gas near the U.S. consulate in Peshawar

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Peshawar (Pakistan) (AFP) - Pakistani police fired tear gas to disperse about two thousand demonstrators were trying to get closer to the U.S. consulate in northwest Pakistan, where new protests Tuesday in protest at anti-Islam film.
The riot police deployed with its mechanisms armored in the vicinity of the U.S. consulate in Peshawar, the largest city in northwest Pakistan at the gates of the tribal areas that are considered strongholds of the Taliban and al-Qaeda and where protesters burned American flag.
The senior official said the local police in franchise Khan told AFP "We used tear gas because the demonstrators they want to approach a sensitive neighborhood" any consulate, explaining that about one thousand policemen are still in a state of wakefulness.
Shouted Shabbir Ahmed, a local leader of Jamaat-Sunni Islamic extremist, one Pakistani organizations that were behind the protests on the movie "innocent Muslims", heading to the crowd, "We are ready to sacrifice our lives in defense of the dignity of our Prophet."
And about two thousand people marched also near the U.S. consulate in Karachi (South), the largest city in this country that is more than a million people, most of them Muslims, according to a journalist from AFP.
The local authorities had boosted security measures Monday near the U.S. consulate after violent protests killed one person.
In Lahore (east), the second largest city in the country, hundreds of demonstrators gathered near the U.S. consulate is chanting "Obama dog" and "Death to America."
Pakistan was blocked Monday YouTube broadcast anti-Islam film, which was produced in the United States.
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Video: Bishop John apologizes to Muslims for the film abuser Messenger

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الأربعاء، 12 سبتمبر، 2012

Mitt Romney Criticizes Obama Administration Over Response To Libya, Egypt Attacks

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Mitt Romney Consulate Attack
The campaign of Republican presidential candidate Mitt Romney called the Obama administration's handling of a violent and contentious day at two American facilities in the Middle East "disgraceful" in a statement released late Tuesday night.
The campaign had initially planned to hold the statement until after midnight -- and the end of the eleventh anniversary of September 11th -- but lifted the embargo an hour and a half early as the controversy flared over a series of attacks against the U.S. Embassy in Cairo and the American Consulate in Benghazi, Libya.
"I'm outraged by the attacks on American diplomatic missions in Libya and Egypt and by the death of an American consulate worker in Benghazi," Romney said in the statement. "It's disgraceful that the Obama Administration's first response was not to condemn attacks on our diplomatic missions, but to sympathize with those who waged the attacks."
The two diplomatic outposts had been the site of violent protests on Tuesday evening, as fundamentalist mobs swarmed in rage over rumors about an unreleased American film -- promoted in part by the Koran-burning preacher Terry Jones -- that supposedly projected the Prophet Muhammad in a harshly critical light.
Protesters breached the wall of the embassy in Cairo and burned an American flag on its grounds before replacing it with an Islamic banner. In Benghazi, a mob driven by the Islamist militant group Ansar al Sharia rampaged through the American consulate, firing at least one rocket-propelled grenade, according to theWall Street Journal. At least one American staffer was killed in the violence.
The violence took a domestic political turn, in part thanks to a statement released early Tuesday by the staff of the Cairo embassy, which condemned the film and the "continuing efforts by misguided individuals to hurt the religious feelings of Muslims – as we condemn efforts to offend believers of all religions."
The Romney campaign's statement seemed to be an attempt to capitalize on the appearance that the Obama administration -- which has overseen the Arab Spring, and the rise of Islamist governments in both Egypt and Libya -- was capitulating to the sensitivities of an unruly Muslim crowd, rather than backing the right of an American citizen to release a disrespectful film.
But the statement criticized by the Romney campaign came early in the day, before the attacks on the two embassies, and was put out not by the White House, but by the Cairo embassy itself.
The White House later disavowed the statement as not approved by Washington, according to a senior administration official speaking to Politico.
Obama campaign spokesman Ben LaBolt also commented on the statement from the Romney campaign. “We are shocked that, at a time when the United States of America is confronting the tragic death of one of our diplomatic officers in Libya, Governor Romney would choose to launch a political attack,” LaBolt said in a statement.
In a statement released late Tuesday, Secretary of State Hillary Clinton condemned the attack on the mission in Benghazi "in the strongest" terms, and added that while the U.S. "deplores" the denigration of religion depicted in the film, it would not countenance such violent responses.
"Some have sought to justify this vicious behavior as a response to inflammatory material posted on the Internet," Clinton said. "The United States deplores any intentional effort to denigrate the religious beliefs of others. Our commitment to religious tolerance goes back to the very beginning of our nation. But let me be clear: There is never any justification for violent acts of this kind."
The Libyan government also released a statement condemning the attack on the American Consulate, calling it a "cowardly act." And the Muslim Brotherhood, the ruling Islamist party in Egypt, said on its Twitter page that that it "regret the attacks on [the U.S. Embassy] by angry protesters, and we urge citizens to express their opinion peacefully."
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الأحد، 9 سبتمبر، 2012

Car accidents in 1930 80 years ago .. Photos reveal for the first time!?

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Car accidents in 1930 80 years ago .. Photos reveal for the first time!?























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Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says

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Schneiderman
New York Attorney General Eric Schneiderman, accompanied by Attorney General Eric Holder, speaks at the Justice Department in Washington, Friday, Jan. 27, 2012, after Holder announced the formation of the Residential Mortgage-Backed Securities Working Group. (AP Photo/Cliff Owen)
A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy is unlikely to lead to any criminal charges against big bank executives, according to a source close to the investigation.
Barring a "hail mary pass," said the source, who spoke on the condition of anonymity because the investigation is still ongoing, the members of a task force President Barack Obama formed in January to investigate fraud in the residential mortgage bond industry will instead most likely bring civil lawsuits against some of the banks involved, though it isn't clear when these cases might come.
That means any penalties for those accused of fraud or other misconduct would be measured in dollars, not jail terms.
A spokesman for New York Attorney General Eric Schneiderman, a co-head of the task force and the driving force behind its formation, declined to comment.
Adora Andy, a Department of Justice spokeswoman, said in a statement that "all appropriate remedies, civil and criminal, are on the table."
"As always, if working group members uncover evidence of fraud or other illegal conduct, we will pursue such conduct aggressively," Andy said.
The subprime mortgage bubble popped more than five years ago, triggering a full-fledged economic meltdown. Since then, the question confronting regulators and government prosecutors has been whether the banks that drove the market's expansion simply made terrible business decisions, or committed fraud in order to reap short-term profits.
The Securities and Exchange Commission, in a number of civil lawsuits, has alleged the latter (as a regulatory agency, the SEC cannot bring criminal suits). But with the exception of one failed case against Bear Stearns in 2009, the Department of Justice, which historically would lead any criminal effort, has declined to criminally prosecute those who created the financial instruments built out of toxic mortgage loans.
By pooling investigative resources, it was hoped that the Justice Department, the SEC and a handful of state attorneys general, led by Schneiderman, could accomplish what the agencies had mostly failed to deliver on their own: a sense of justice, however fuzzily defined.
But from the start, the task force -- officially, the Residential Mortgage-Backed Securities Working Group -- has been dogged by critics questioning the seriousness of the effort, and by concerns that the legal timeframe in which investigators must bring cases is coming to a close.

Civil cases, if and when they are filed, could lead to large financial penalties and possibly aid for struggling homeowners. Yet it seems unlikely that such a result will satisfy those whose anger sparked the Occupy Wall Street movement, or even many middle-class Americans who may wonder how, in contrast to other financial crises, this one could end with none of the people who seemingly helped orchestrate it behind bars.
"Without accountability, the unending parade of megabank scandals will inevitably continue," Neil Barofsky, the former watchdog over the $700 billion bank bailout fund and a frequent critic of the Obama administration's response to the financial crisis, recently told The Huffington Post.
How and why the government chose this path will be the subject of debate for years to come. Some say prosecutors lacked resources. Others assert that the complexity of the financial transactions makes it virtually impossible to prove criminal intent in court, where prosecutors must convince a jury of guilt "beyond a reasonable doubt." In a civil action, by contrast, the bar is lower: jurors need only conclude that "a preponderance of evidence" indicates guilt.
One former prosecutor said a simpler human dimension may also be preventing government lawyers from filing criminal charges: the basic fear of losing a big case.
"Losing has a chilling effect, because no one wants to take a spin like that and come out on the short end," said Cliff Stricklin, a former prosecutor who worked on theEnron task force and also successfully prosecuted Qwest Communications chief executive Joseph Nacchio for accounting fraud. (Nacchio is currently serving a seven-year sentence in a federal prison.)
"[Losing a case] makes you wonder if there was indeed a crime, and if so, how you go about proving it," Stricklin said. "It is a signal to the public that either the government is jumping to conclusions or isn't competent."
CATASTROPHE OR CRIME?
Mary Jo White, a former U.S. attorney for the Southern District of New York, adheres mostly to the view that the financial crisis was a catastrophe, but not a crime. Now a prominent defense attorney at the law firm Debevoise & Plimpton, White said she thinks calls from some quarters for more criminal prosecutions are unwarranted.
"The financial crisis was so expensive and so many people were injured that one's instinct is to think that there must have been massive wrongdoing from the top on down," she said.
But criminal cases must be built on compelling evidence, not suppositions, and evidence of broad-based misconduct that would rise to that level doesn't exist, White said.
"I don't think the criticism is fair," White said.
William Black, a law professor at the University of Missouri-Kansas City and a prominent former bank regulator, is in the camp that thinks prosecutors have missed a massive opportunity.
"They don't get the whole concept of looting," he said.
Black, who worked with prosecutors to develop some of the 1,100 criminal cases that emerged from the Savings & Loan crisis of the late 1980s and early 1990s, said that Wall Street accounting fraud flows from a simple recipe: grow by buying high-interest loans, leverage the business by borrowing lots of money and keep next to nothing in reserve against losses.
"You are mathematically guaranteed to report record profits," he said.
But those profits are based on a fiction, he said, one that costs investors when the bank collapses -- and in some cases, can cost taxpayers too.
Financial firms like Goldman Sachs profited tremendously by purchasing loans described widely in the industry as "liar's loans," Black said. These loans were made without the borrower having to prove income, or even that he or she had a job.
"It makes no sense that an honest lender would ever make liar's loans," he said. Nor does it make sense that a sophisticated bank like Goldman, which runs an entire business based on the ability to calculate risk, would purchase such dangerous loans without knowing that they were toxic, he said.
Indeed, the Financial Crisis Inquiry Commission produced evidence last year which suggests that Goldman Sachs traders knew these investments were more dangerous than they were letting on to their customers. Internally, they characterized offerings as "junk" and "monstrosities" even as they offloaded the mortgage bonds onto investors, according to the report.
The SEC came to the same conclusion when investigating whether the bank had misled investors about a product known as Abacus. That probe led to a $550 million settlement in 2010.
The SEC has won $2.2 billion in penalties stemming from financial crisis-related cases, though it has been dogged by complaints -- most notably from federal judge Jed Rakoff -- that its fines are too small and that it doesn't target individuals often enough. An SEC spokesman declined comment.
Still, the agency's efforts to pursue financial crisis fraud far outstrip those of the Justice Department.
The government's lone criminal case related to the creation of complex mortgage investments came in 2009, when a federal jury declined to convict two former Bear Stearns hedge fund managers accused of lying to investors about the soundness of the securities they were selling.
Last month, the Justice Department announced that it had dropped a probe of Goldman Sachs, launched after the Senate’s Permanent Subcommittee on Investigations found that the bank sold investments "in ways that created conflicts of interest with the firm’s clients and at times led to the bank's profiting from the same products that caused substantial losses for its clients.”
There was "not a viable basis" to bring criminal charges against the bank or its employees, the Justice Department said in a statement explaining its decision.
LAST CHANCE FOR PROSECUTORS
Obama's multi-agency mortgage task force was supposed to succeed where previous investigations had failed.
"This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans," Obama said in his State of the Union address in January.
The goal of the new unit was to drill down into the sophisticated financial instruments the banks created to package and sell mortgages in a search for fraud. But the group was met with skepticism from many legal experts, who wondered how this effort would be any different from previous investigations.
The group got off to a rocky start. Three months after its formation, it had failed even to secure office space. In May, Schneiderman told the Wall Street Journalthat he wanted more resources and wished that investigators at his partner agencies would pick up the pace.
According to the Justice Department, the investigation is now in full swing.
More than 200 investigators are on the job, "devoting significant resources to investigate and prosecute misconduct by financial institutions in the origination and securitization of mortgages," the agency said in a statement.
The DOJ has issued 30 civil subpoenas in the past four months, it said, and the SEC has issued more than 300 -- though that number includes pre-existing investigations.
The New York attorney general's office, HuffPost previously reported, is now investigating several major institutions.
But if none of these cases yield a criminal indictment, who, if anyone, is to blame?
Schneiderman, though he never promised criminal cases, is likely to attract some criticism for the lack of prosecutions due to his aggressive advocacy for the task force. Last year, Schneiderman led an insurgency against a robo-signing settlement shaping up between state attorneys general and five large banks. His goal, he said, was to preserve his ability to continue an investigation he had opened in the spring into possible fraud that led to the housing bubble and crash.
The states leading the negotiations dispute that Schneiderman's ability to continue his investigation was ever in doubt. Nevertheless, his initial opposition to what became a $25 billion deal led directly to the creation of the task force
Schneiderman co-leads the task force, along with Robert Khuzami, the enforcement director of the SEC; Lanny Breuer, the head of the criminal division at the Justice Department; Stuart Delery, the head of Justice's civil division; and John Walsh, the U.S. Attorney for the District of Colorado.
Though each of these entities are sharing documents and resources, it is up to the individual agencies to file charges.
The biggest challenge for Schneiderman, who took office in January 2011, was the ticking clock. Most mortgage bonds were packaged and sold in 2006 or earlier, and the statute of of limitations on most types of fraud cases is five years from the commission of the alleged wrongdoing.
It is possible to extract "tolling" agreements from a business or individual under investigation that effectively extends the allotted time in which to bring a case, in exchange for more lenient treatment. But Schneiderman would have had to enact tolling agreements in very short order after taking office. It isn't clear whether a bank or an individual would accept such an agreement in a criminal case if they knew the statute of limitations was about to run out.
It is also true that while the New York attorney general's office has the authority to bring criminal fraud cases, it historically almost never does. Like the SEC, the office instead typically files lawsuits with the expectation of wringing a settlement -- and political bragging points -- out of a Wall Street firm. It's part of the recipe that both Andrew Cuomo and Eliot Spitzer used to pave their way to a governorship.
Instead, the attorney general's office typically defers to the Department of Justice, which has a large team of experts parked in the U.S. attorney's office just a few blocks away in lower Manhattan. But instead of taking on Wall Street's top executives, that office has focused on alternate cases -- such as the recent prosecution of hedge fund king Raj Rajaratnam, who was convicted of insider trading.
Stricklin, now in private practice at the Bryan Cave law firm in Denver, said that he doesn't know whether there was criminal conduct in the run-up to the financial crisis.
"The truth is more complicated than can be explained in sound bites," he said.
But he has seen, he said, a decline in the talent level of those working white-collar cases at agencies like the Federal Bureau of Investigation and the Justice Department, which over the past decade have diverted some of the most talented people over to counterterrorism.
"The government needs to decide if it is really going to tackle white-collar crime or not, and if so it needs to allocate resources," he said.
Otherwise, the result will be fewer cases, and more losses, Stricklin said.
"It always matters to bring solid criminal cases where you are holding people accountable," he said. "But the worst signal is not to do nothing, but to do something partway."

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Mitt Romney Criticizes Defense Cuts That Paul Ryan Voted For

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Mitt Romney Defense Cuts
Mitt Romney criticized defense spending cuts that were part of last year's debt ceiling deal in an interview that will air Sunday on NBC's 'Meet The Press'.
"I thought it was a mistake on the part of the White House to propose [the defense cuts]. I think it was a mistake for Republicans to go along with it," Romney said.
Among the Republicans who supported the deal was Paul Ryan, the chair of the House budget committee and Romney's running mate. Paul not only voted for the cuts, he bragged about them afterwards.
"What conservatives like me have been fighting for, for years, are statutory caps on spending, legal caps in law that says government agencies cannot spend over a set amount of money," Ryan told Fox News last year, according to TPM. “And if they breach that amount across the board, sequester comes in to cut that spending, and you can’t turn that off without a super-majority vote. We got that in law.”
He also called the cuts "an important step in the right direction."
Ryan has since walked back his support of the sequester. Last month, he even criticized Obama over the cuts.
"When those budget negotiations were going on, it was the president and his party leaders who insisted on this makeup," he said. "Defense spending is not half of all federal spending, but it's half of the cuts, approximately, in the sequester. We disagreed with that then and we disagree with it now."
This isn't the first time Romney has inadvertently criticized a policy measure supported by Ryan. His campaign has aired several ads attacking Obama over Medicare cuts that seemed simliar to ones proposed in Ryan's budget plan.
As TPM's Benjy Sarlin points out, "So Romney now running against Ryan's own Medicare cuts, own debt ceiling deal -- why did he pick him again?
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الخميس، 6 سبتمبر، 2012

Forex Broker Reviews

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The single most important decision in your plans for trading forex is choosing the right broker. Forex brokers have huge advertising budgets and that allow you to see their sales pitches everywhere you look. In these reviews we will separate the sales pitch from the reality of trading with these brokers.

Best Features

  • No Minimum Opening Deposit
  • Custom Lot Sizes
  • Trade Directly on the charts
  • Custom News Feed
  • Demo Accounts Never Expire
  • Sub Accounts

Least liked features

Demo Accounts

The Oanda demo account is virtually identical to the live account. The price feed is exactly the same as the live account and demo accounts never expire.

Customer Service

Oanda provides customer service by email, chat, and phone. Oanda seems to typically be responsive to request for service via any of the 3 methods. Emails sometimes take up to 24 hours to be returned depending on the issue.

Spreads

Oanda provides variable spreads, which means that spreads can change depending on market conditions. Most of Oanda’s spreads are extremely competitive during normal market conditions. The only time that the spread jumping will usually prove to be a problem is if you are trading directly around a major news release. For example, the EUR/USD typically trades with a spread of 0.9 – 1.9 pips under normal market conditions. During a news release the spread for the EUR/USD can go as high as 10 pips.

Leverage

Oanda only allows 50:1 leverage. Many traders might consider this a disadvantage, but I consider it to be like selling a gun with a safety on it. 50:1 leverage is sufficient for forex trading. Leverage set at 100:1 and higher can be dangerous and cause you to make oversized trades just because you can.

Top Features

  • Full Hedging (FXCM UK)
  • Funding by Credit Card
  • Microlot Trading (FXCM Micro)

Least Liked Features

  • No trading on US holidays (FXCM US)

Demo Accounts

The FXCM demo account is very easy to open. It performs very much like the live account. It is sadly limited to only 30 days.

Customer Service

FXCM offers customer service by email, phone, and live chat. The customer service at FXCM has been a little slow the few times I have needed to contact them by email. Overall the customer service speed is fair, but not great.

Spreads

FXCM provides variable spreads, which means that spreads can change depending on market conditions. Spreads can widen without warning. In the case of FXCM, not all of their spreads are competitive and their spreads can expand widely depending on which markets are open and which currency pairs you are trading.

Leverage

FXCM allows 100:1 for standard accounts, 200:1 for mini accounts, and 400:1 for micro accounts
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