| 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.
Glencore – the power behind the Xstrata throne
As global mining firms circle London-listed Xstrata, behind the headlines is one of the most powerful commodities companies in the world and two men seen among the sharpest in the business. Holder of a strategic 34.6 percent stake in Xstrata is privately-owned trading firm Glencore International, which from the Swiss lakeside town of Zug controls a multibillion-dollar pipeline of oil, coal and crops as well as metals, and has almost $15 billion in shareholder funds in its coffers. Glencore began life in 1974 as a commodity trading firm set up by secretive billionaire commodities merchant Marc Rich, who sold out to management in 1994. The men who run Glencore now, Chairman Willy Strothotte and Chief Executive Ivan Glasenberg, may not be as famous but they have arguably been as successful.
CME bid spurs fears of merger monster
THE commodities boom is intensifying the merger mania among the world's financial exchanges. But the $US11 billion ($12.4 billion) bid by CME Group to acquire Nymex Holdings may fuel worries that consolidation is leaving the survivors with too much power. A purchase of the 135-year-old New York Mercantile Exchange's owner by CME, parent of the Chicago Mercantile Exchange, would create the largest exchange in the world, with a stock market value of about $US45 billion. And acquiring Nymex's crude oil futures, one of the largest commodity contracts in the world, would fill the last major hole in the 110-year-old Chicago exchange's product line-up, while squeezing remaining rivals in the energy market. The deal also highlights some unsettling consequences of the global scramble for alliances and market share in trading financial securities.
Traders Bracing For Slump Drive Up Platinum, Wheat, Coffee And Cocoa
Platinum and spring wheat hit record highs Thursday and arabica coffee and cocoa set new trading peaks as well, as investors in commodities pursued markets deemed less vulnerable to the slowing U.S. economy. Copper, an economically sensitive base metal, overcame jitters over U.S. growth by reacting to Wednesday's cut in interest rates. Traders said copper was also inspired by Thursday's rebound in Wall Street stocks and lingering production issues in China. But broad commodity futures indexes closed mixed, with the Reuters-Jefferies CRB and Dow Jones-AIG up and the S&P GSCI down. U.S. crude oil also fell, closing 58 cents lower at $91.75 a barrel on fears of slowing growth in the world's largest economy and the leading energy-consuming nation. Investors in energy were also sidelined ahead of an OPEC meeting on production quotas set for Friday.
Ten things to do before you die
There is laughter from the other side of the table at his performance and an immediate rebuke. "SHHH! "The discipline factor is out the window," Freeman concludes. "Out the window. You cannot have a society where the government controls how you raise your children, it just won't ever work." The Bucket List Director Rob Reiner Stars Jack Nicholson, Morgan Freeman Rated M. Opens February 21. .
Energetic Mika erupts in colorful glitz
If energetic glee, unironic thumping disco beats, and unshakable melodies were valued commodities in the current US musical mainstream then Mika's stock would be as prized as that of someone like John Mayer. That it isn't mattered not a whit to the 2,800 able-voiced members of the audience that packed the Orpheum Theatre Friday night to champion and nearly drown out the Beirut-born, London-bred pop singer, whose debut album "Life in Cartoon Motion" has become an international hit. From the liberating opener "Relax (Take it Easy)" to the world's-best-birthday-party meets new-year's-celebration giddiness of closer "Lollipop" Mika proved as tireless a performer as he is a gifted melody-maker. The diverse crowd matched the booty-moving, call-and-response rhapsody of the singer-songwriter and his five-person band from start to finish, gamely responding, even when Mika called in an increasingly cartoonish, yet impressively tuneful falsetto.
Civil society, AJI stage protest rally
ISLAMABAD: Members of the civil society and Awami Jamhoori Ittehad (AJI) on Friday staged a protest demonstration at Aabpara to press the government to restore the deposed judges and free the lawyers put under house arrest.
They gathered at the Aabpara intersection and demanded President Pervez Musharraf restore judiciary and resign from his office as he had failed to protect the interests of common man. They also burnt an effigy of President Musharraf to express their anger over the skyrocketing prices of commodities.
They said the government was indifferent to the brutality of police against the peaceful protestors in the federal capital. The protestors raised anti-government slogans and expressed their distrust in the policies of the last government.
They demanded the world think tanks to help restore democracy in the country.
New Jersey man missing in Breckenridge
Search and rescue members called off the search at dark Saturday night with expectations to widen the search at first light on Sunday.
Breckenridge police issued a release saying Barbiere, of Wyckoff, N.J., was highly intoxicated when he left into a blizzard early Friday morning, according to his friends. Barbiere, a white man with brown hair and brown eyes, then headed north on Main Street wearing a black and gray ski jacket, jeans and tan boots.
At 12:22 p.m. on Friday, Barbieres friends and family, who chose not to speak publicly, reported the young man missing. Five hours later when they still had not heard from him, police began the search. Barbieres family and friends quickly joined the effort, distributing flyers with his picture in bars and restaurants across town.
AHH YEAR IN REVIEW 2007: American Gangster All-Star Review
It is still a good possibility that people can do different things and still be accepted commercially as well. I think that was a highlight for me. It's hard to tell if this is a classic, classics are defined by time. I don't know if it has that quality to it. I think for me it was more a refreshing kind of change of what was going with all the ringtone rapping. - JR Writer: No comment. - Mr. Collipark: Can I be honest with you? I didn't buy it. I tried to buy it once on I-Tunes (laughs). Quite honestly I don't go to the store that much. From what I heard so far though, I like it better compared to what I heard on the last album (Kingdome Come). That's why I probably didn't make a point to just go get that record feel me? I feel like music is going through something right now and for me I'm playing my old music.
|
