| ACM Silver Sponcer Forex Expo in Abu-Dhabi
(MENAFN Press) ACM Advanced Currency Markets SA has once more joined the 2nd Middle East Forex Expo as a Silver Sponsor following its very successful presence in the First event which was concluded in Dubai last month. The 2nd Middle East Forex Expo will be held in Abu-Dhabi this November and will feature ACM as a leader in the world of Forex trading.
Based in Switzerland, and having its Middle East representation office in Dubai, ACM is among the world's largest and most competitive on-line Forex brokers. Today, ACM has second most visited on-line Forex site in the world and is the first online Forex broker to implant in the Middle East. The ACM platform deals in currencies commodities . The site is translated into 15 different languages and ACM is the only online trading platform to offer fully Islamic conditions to its clients.
Oceanside police report drop in crime
02-20) 11:43 PST Oceanside, Calif. (AP) -- Crime in Oceanside has dropped to its lowest levels in more than 30 years. Oceanside Police Chief Frank McCoy said Tuesday that the overall crime rate fell to 31.12 per thousand residents last year. Violent crimes were down to 5.15 and property crimes fell to 25.97 per thousand residents. The city has struggled to crack down on gang activity since the December 2006 killing of a police officer during a routine traffic stop. McCoy attributed the drop in crime to the increased efforts of neighborhood policing teams. The department has also added 35 police officers in the past five years. ___ Information from: The San Diego Union-Tribune, www.signonsandiego.com .
Exports push maize up despite jump in output
MUMBAI: Despite a jump in maize production estimates for year 2007-08, farmers have been able to realise good prices, mainly because of good export demand. Though a certain section of the industry feels that maize exports should be banned, others say a ban would reduce prices for farmers.
With good projections for rabi, India has the potential to produce 15-16 million tonnes of maize this year (both kharif and rabi) as against last year's 13.8 million tonnes. Sukhjit Starch and Chemicals' Rajeev Puri said that even if one considers 10% growth in consumption by end users, they may require 14.5 million tonne which leaves a surplus of 1.5 million tonne for exports.
Mr Puri said during the start of season, maize price was down to Rs 580-Rs 590 per quintal in Nizamabad, going down to Rs 500 levels and it was the export demand that supported the prices.
Market Watch: Time for soul searching, not witchhunting
When investors lose as much money as they did last week, they feel crushed. What follows that despair is anger. “Someone" has to be responsible for the debacle. Fingers are pointed at the government, at stock exchanges, at the market regulator, at stockbrokers and at the media. Since it is difficult to own up responsibility for a massacre of such proportions, the “system" is blamed. The administration, on its part, perhaps only to duck public ire, often responds by announcing witchhunts. Hunts to identify “who" was behind such a crash. Sadly, such witchhunts always end empty, as they have to. The reality is that those wounds are self-inflicted. Let's face it: we are a nation of speculators. We love to get carried away. Very few people in this country approach the stock market with a constructive, long term capital building mindset.
The world's silver lining
A generation ago the biggest worry about poor countries was over-population. Books such as "The Population Bomb" (1968) and "The Limits to Growth" (1972) predicted Malthusian crises in countries where women were having five children or more. Since then the fertility rate (the average number of children a woman can expect during her lifetime) in low- and middle-income countries has crashed. In East Asia and the Pacific, the rate was 5.4 in 1970. Now it is 2.1. In South Asia, the fertility rate halved (from 6.0 to 3.1). In the world as a whole, fertility has fallen from 4.8 to 2.6 in a generation (25 years). The biggest decline is in those countries that are most involved with globalisation (especially in East Asia, though China is a special case because of its one-child policy).
Sharper Image seeks bankruptcy protection
Increasingly, however, high-tech products have lost much of their novelty and become the purview of discounters like Target Corp., Wal-Mart Stores Inc. and Costco Wholesale Corp., said Kurt Barnard, president of Retail Forecasting LLC of New Jersey. The company has also faced competition from stores with similar models, including Brookstone Inc. and Hammacher Schlemmer. "The Sharper Image is no longer alone in pioneering the field of new and exciting items," Barnard said. "They have found it increasingly difficult over the last couple of years to hold onto their customers." The slowing economy and growing fears of a recession are contributing to the company's woes, as shoppers become increasingly cost conscious, said Nina Gruen, executive vice president and co-founder of San Francisco research firm Gruen Gruen + Associates.
Young, fun and full of sun
Like a bullet: Those with dodgy tickers steer clear. Those hungry for some serious, extreme adventure, come on in. Bungy Australia's oldest and only bungy jump on the Gold Coast takes you 14 storeys high and flings you like a bullet. Check out prices, location, gallery of images and a video to give you a better idea whether you have the courage or not to proceed. Hello traveller: Hello Gold Coast is another broad tourism focused website with the lowdown on accommodation and attractions for the Gold Coast region, but also some great sections for cruises, watersports, golf and restaurants. The site also has a holiday planner to help you organise the whole trip and a handy directory to surf clubs throughout the region. Wave rave: Speaking of surfing, Go Ride A Wave promises to get you up riding waves in no time and stakes a claim of being the best in the business when it comes to mastering the surfboard.
Wal−Mart and bondinsurers sets the stage for today's trading
Credit Suisse fell 9.2 percent to 51.55, the most since October 2002, after saying it wrote down the value of some asset-backed securities in the first quarter. Net income in the first quarter to date will be reduced by about $1 billion, the Zurich-based bank said in an e-mailed statement today. BNP Paribas SA, France's biggest bank, slipped 1.2 percent to 59.7 euros after Bernstein cut its price estimate 18 percent to 69 euros, citing a reduction in earnings forecast for lenders taking account of a possible recession in the U.S. Bernstein cut its price forecast on UniCredit SpA, Italy's largest bank, 9 percent to 6.1 euros. The stock slid 1.5 percent to 4.85 euros. Credit Agricole SA, the country's second-largest bank, dropped 3.4 percent to 17.27 euros.
Boulder: Impeach Bush?
Boulder's elected leaders are expected to decide next week whether to draft and vote on a resolution calling for the impeachment of President Bush and Vice President Dick Cheney. For the past few weeks, activists have been showing up at Boulder City Council meetings, carrying signs, handing out "impeach" pins and asking City Council members to take up such a resolution. Similar measures have passed in cities across the country, including Detroit and Telluride. Liz Robinson, one of the organizers of the effort, said people hoping to see impeachment proceedings have given congressional Democrats — who won a majority in the fall of 2006 — plenty of time to act. But since they haven't, she said, locally elected officials should take up the slack. "Whether or not it's the city's business directly, like potholes, I feel this affects all of us," she said.
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