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A Rare Occurrence In The Saudi
Currency Market Tells You That
Trouble Is Brewing In The Middle East

Business Insider, by Matthew Boesler

Original Article

Posted By:PageTurner, 10/4/2012 2:07:33 PM

An important shift is developing in Saudi Arabian currency derivatives markets as Iran becomes engulfed in populist protests amid hyperinflationary pressures and armed conflict breaks out between Turkey and Syria, heightening concerns about tensions in the Middle East. The 12-month forward rate on the Saudi Arabian riyal – or the difference between how many riyals traders think a dollar will be able to buy a year from now and how many riyals a dollar can buy today – has been hovering just above zero for the past two weeks.

Comments:
More trouble Obama won't know what to do about.

      


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Below, you will find ...

Most Recent Articles posted by "PageTurner"

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Most Active Articles (last 48 hours)




Most Recent Articles posted by "PageTurner"



Fourteen people die in
car crash in Venezuela
El Universal [Caracas, Venezuela], by Staff    Original Article
Posted By: PageTurner- 7/31/2013 6:27:19 PM     Post Reply
Fourteen people died and over 30 were injured in a car accident on Wednesday after a bus and a truck crashed head-on and caught fire. The occurrence took place in the state of Guárico, central north Venezuela, the director of the Civil Protection Agency, Luis Díaz Curbelo, informed. The injured were taken to a local hospital and other nearby health centers, Díaz stated. One of the injured was taken to the northern state of Aragua given his serious health conditions caused by multiple burns. The causes of the accident were attributed to the rain and driving over the speed limit.

   

 

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R-VAR_AD


 
Paraguay president Franco
congratulates Mujica on his
knowledge of geography
MercoPress [Montevideo, Uruguay], by Staff    Original Article
Posted By: PageTurner- 7/31/2013 4:46:18 PM     Post Reply
Paraguayan president Federico Franco replied to his Uruguayan peer Jose Mujica ironic remarks saying that ‘evidently he’s good at geography; I guess he passed with the highest grades’ since he is aware that Paraguay is a landlocked ‘Mediterranean’ country. President Mujica besides calling on suspended Paraguay to return with ‘intelligence and pragmatism’ to Mercosur and waning about the fact that the landlocked country needs of the Parana River and the River Plate for a sea outlet, ironically stated Uruguay was willing to grant Paraguay all the rotating Mercosur presidencies

Exclusive:Russian billionaire seeks
U.S. government financing
for luxury jets
Reuters, by Joshua Schneyer and Brian Grow    Original Article
Posted By: PageTurner- 7/31/2013 2:12:49 PM     Post Reply
Billionaire Russian businessman Gennady Timchenko, a long-time associate of Russian President Vladimir Putin, plans to seek U.S. government-backed funding to buy luxury aircraft, Reuters has learned. To smooth the path for financial backing from the U.S. Export-Import Bank and allay possible U.S. government concerns about him, Timchenko hired lobbyists from powerhouse Washington law firm Patton Boggs, according to emails and documents viewed by Reuters. Timchenko plans to ask Ex-Im Bank for a loan guarantee to buy as many as 11 aircraft

White House presses for team
of ‘nudge’ experts to
sway American behavior
Washington Times, by Cheryl K. Chumley    Original Article
Posted By: PageTurner- 7/31/2013 12:45:58 AM     Post Reply
The White House has kicked off several federal projects aimed at influencing how Americans react to certain policy reforms, going so far as to solicit behavior experts to join a British-style “Behavioral Insights Team” to help nudge voters into accepting key political programs. “Behavioral sciences can be used to help design public policies that work better, cost less and help people to achieve their goals,” a document on the government program states, Fox News reported. The document, emailed by White House senior adviser Maya Shankar and obtained by Fox News, also seeks applicants to join the federal government’s behavior modification team.

Huntsville reporter Shea Allen
fired from WAAY-31 for blogging
about working braless and
other ´confessions´
Huntsville Times [AL], by Paul Gattis    Original Article
Posted By: PageTurner- 7/30/2013 5:33:14 PM     Post Reply
HUNTSVILLE, Alabama - A reporter at a Huntsville television station has been fired for what she said was a humorous look at her job on her personal blog. Shea Allen, a special investigations reporter at WAAY-TV Channel 31, told The Huntsville Times/al.com today that the blog post - in which, among other things, she claimed to have "gone bra-less" during on-air appearances - has drawn national attention. It´s not the sort of attention she wanted, however. "I do not want to be a joke," Allen said. "I am a journalist through and through. I believe in what I do.

Excerpts of column "Runrunes"
(Rumors) of Tuesday, July 30
El Universal [Caracas, Venezuela], by Nelson Bocaranda    Original Article
Posted By: PageTurner- 7/30/2013 5:29:27 PM     Post Reply
MASSIVE HACKING. An in-depth report is revealed in the newsletter of Inside Telecom led by Víctor Suárez, with William Peña as the Editor. Both of them are renowned journalists in the technology area. I quote: "The evening of July 23, the Venezuelan Hackers, identified as the local chapter of Anonymous, disseminated the hacking of a number of websites of Venezuelan government agencies in protest against what they call the fraudulent and unwise presidential exercise by Nicolás Maduro. Their motto was ´no protest is small, but protesting hearts are big.´" Under the hashtags #A100DiasdelFraude (#A100Days of Fraud)

   

 

  


 
Santiago cathedral closed
after Chile abortion protest
BBC News, by Staff    Original Article
Posted By: PageTurner- 7/29/2013 5:38:30 PM     Post Reply
The Catholic cathedral in the Chilean capital Santiago is to remain closed for five days after it was vandalised by pro-abortion activists on Thursday. About 5,000 protesters marched through Santiago in support of an 11-year-old girl who was raped, fell pregnant and is not allowed to have an abortion. Some 100 demonstrators entered the cathedral, wrecking confessional booths and shouting insults at worshippers. Abortion, even for medical reasons or in cases of rape, is illegal in Chile. It was banned during the rule of Gen Augusto Pinochet, the military dictator who governed Chile from 1973 to 1990. Chilean President Sebastian Pinera

Bureaucracy in Venezuela
has failed to empower workers
El Universal [Caracas, Venezuela], by Yaneth Fernández    Original Article
Posted By: PageTurner- 7/29/2013 5:21:05 PM     Post Reply
The idea of a ‘workerist government´ has been peddled in Venezuela for some years now. The late Hugo Chávez did it, and President Nicolás Maduro is persistent about it. But what do they mean by this notion? One would take that to mean that all conflicts related to labor liabilities have been settled, or that the minimum wage keeps up with inflation, or that the social security system works. Unfortunately, reality gets in the way. The government keeps huge debts with public sector workers as reported by workers themselves. Strikes, labor disputes,

Mexican Admiral Carlos
Salazar killed in Michoacan ambush
BBC News, by Staff    Original Article
Posted By: PageTurner- 7/29/2013 2:04:32 PM     Post Reply
Gunmen have killed one of Mexico´s highest ranking navy officials in the western state of Michoacan, where the military is trying to regain control of areas dominated by warring drug gangs. Vice Adm Carlos Salazar was ambushed on an unpaved road near the town of Churintzio. His car had been diverted from the main road by protesters believed to have been hired by the gunmen. The attack comes days after two police officers were killed in another ambush.

Happy Birthday, Mick Jagger
New Yorker, by Joshua Rothman    Original Article
Posted By: PageTurner- 7/26/2013 5:08:27 PM     Post Reply
Today, believe it or not, is Mick Jagger’s seventieth birthday. (He was born on July 26, 1943.) Jagger seems, so far, to defy aging, but if you look closely there have been subtle signs. In 1995, for example, when Jagger was fifty-two, Hendrik Hertzberg noticed a change in some of the Rolling Stones’ lyrics. For decades, the song “The Spider and the Fly,” which is about a rock-and-roll singer getting picked up by a woman in a bar, had featured this couplet: She was common, flirty, she looked about thirty… She said she liked the way I held the microphone.

Chile Cathedral Raided
in Abortion Rights Rally
Associated Press, by Luis Andres Henao    Original Article
Posted By: PageTurner- 7/26/2013 4:48:59 PM     Post Reply
Abortion-rights demonstrators vandalized Chile´s main cathedral during a Mass and used pews as barricades during clashes with police. A group of demonstrators broke off from a largely peaceful protest calling for the legalization of abortion Thursday night and stormed into the Metropolitan Cathedral of Santiago, interrupting the homily. They painted walls with pro-abortion messages, broke ornaments and hauled pews all the way to the Plaza de Armas square in front of the cathedral. Police in riot gear rushed to the cathedral to contain them, and arrested at least two people.

   

 

B-G1


 
That´s a Jaws-dropping look!
The Sharkini, complete with
bite-shaped cut-out (washboard
stomach not included)
Daily Mail [U.K.], by Tamara Abraham    Original Article
Posted By: PageTurner- 7/26/2013 4:10:22 PM     Post Reply
A shark is usually the last thing one wants to see at the beach. But if one designer has her way, the fearsome fish looks set to be making a splash on sunloungers and seasides everywhere this summer. The Sharkini, by Bad Aby Designs, is a gray swimsuit with a jaw-shaped cut-out at the midriff, complete with white leatherette teeth. The made-to-order costume, which costs $100 apiece, is certainly fun, but it does have its drawbacks. Those without a washboard stomach should proceed with caution - that cutaway ´bite´ will not be forgiving. And, as Jezebel wisely warns:



Most Active Articles (last 48 hours)



Diaper needs forces some
to steal, go without food

52 replie(s)
Los Angeles Times, by Eryn Brown    Original Article
Posted By: Fiesta del sol- 7/30/2013 6:57:20 AM     Post Reply
There have been days since her son Ezekiel was born 11 months ago that Los Angeles mom Beth Capper has gone without food to keep up her supply. One friend was arrested for stealing some. It´s not drugs or alcohol or even baby formula that has put her in such a bind. It´s diapers. "There´s no way around buying them," said Capper, a 41-year-old single mother who doesn´t work because of a disability. Across the country, mothers like Capper are facing the same predicament. According to a report published Monday in the

Life in the Twilight
46 replie(s)
PJ Media, by Victor Davis Hanson    Original Article
Posted By: StormCnter- 7/30/2013 5:11:01 AM     Post Reply
America is in great shape energy-wise. We have more gas and oil reserves than ever before. Indeed, the United States could shortly become the world’s largest exporter of coal. Our cheaper power rates may bring energy-intensive industry back from Europe and Asia. If America’s small colleges are nearly broke and our public schools failing, nonetheless our blue-chip universities’ math, science, and engineering departments, and professional schools, remain the best in the world. (Snip)In our age, Nobel laureate, exempt Al Gore proved a fraud: the feminist who was accused of groping a woman in crazed sex-poodle fashion;

America´s first climate change refugees:
Hundreds forced to flee their Alaskan
village before it disappears
underwater within a decade

44 replie(s)
Daily Mail [UK], by Anthony Bond    Original Article
Posted By: Attercliffe- 7/30/2013 7:56:18 AM     Post Reply
It is a small Alaskan village whose inhabitants have relied on the sea for countless generations. But within a decade, it is expected that the ocean which the village of Kivalina has so relied on will completely destroy it--creating America´s first climate change refugees. Temperatures in the Arctic region of Alaska are warming twice as fast as the rest of the U.S, causing ice to retreat, sea levels to rise and coastal erosion to increase. It is a small Alaskan village whose inhabitants have relied on the sea for countless generations. The 400 indigenous Inuit inhabitants of Kivalina, who live

Barack Obama’s clueless message
to America’s middle class shows a
presidency out of touch with reality

43 replie(s)
Telegraph [UK], by Nile Gardiner    Original Article
Posted By: Attercliffe- 7/31/2013 4:25:41 AM     Post Reply
President Obama has been rolling up his sleeves campaigning across the country delivering a surreal stump speech message supposedly aimed at the middle class: big government works, Obamacare is manna from heaven, the wave of recent scandals are “phony” figments of the imagination, and all economic problems are the fault of the Republicans. Conveniently, he leaves out the bankruptcy of Detroit, a city run by his own party for more than half a century. His message is so stale and unconvincing, that even The New York Times and Washington Post have noticed. Both papers, usually loyal to Obama, remarked that

   

 

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George Zimmerman armed when
stopped for speeding
in Texas, report says

42 replie(s)
CBS News, by Staff    Original Article
Posted By: Scottyboy- 7/31/2013 4:36:37 PM     Post Reply
FORNEY, Texas - George Zimmerman, the former Florida neighborhood watch leader cleared of all charges in the shooting death of Trayvon Martin, was pulled over for speeding in North Texas on Sunday, CBS DFW reports. According to the station, Zimmerman was armed when officers pulled him over on Highway 80 in Forney, east of Dallas. (Snip) The officer reportedly did not recognize Zimmerman, who was driving a Honda pickup. Zimmerman told the officer he was armed and was then told to put the weapon in his glove compartment, according to the station.

John McCain: Hillary´s a ´rock
star,´ Fox is ´schizophrenic´

42 replie(s)
Washington Examiner, by Paul Bedard    Original Article
Posted By: KarenJ1- 7/31/2013 6:58:18 PM     Post Reply
Arizona Sen. John McCain was the Republican Party´s 2008 presidential nominee and he still wants the keys to the Oval Office. But he is beginning to sound more like a fan of likely 2016 Democratic presidential candidate Hillary Clinton. "She´s a rock star," he said in a newly released interview. "She has, maybe not glamour, but certainly the aura of someone widely regarded throughout the world," he added in a reference to her work as secretary of State. McCain, reportedly trying to win back his reputation as a GOP maverick, was asked by the New Republic

PPP poll: Palin leads Alaska
Republican Senate primary by 10 points

41 replie(s)
Hot Air. com, by Allahpundit    Original Article
Posted By: Not your typical New Yorker- 7/31/2013 11:12:11 AM     Post Reply
Gotta figure her lead would be even bigger without Joe Miller in the field here. Her nomination for the taking? Alaska should be a top tier pick up opportunity for Senate Republicans next year…but their top choice of a candidate is Sarah Palin. 36% of GOP primary voters in the state say they’d like Palin to be their standard bearer against Mark Begich to 26% for Mead Treadwell, 15% for Dan Sullivan, and 12% for Joe Miller.

E-mails Suggest Collusion
Between FEC, IRS to
Target Conservative Groups

39 replie(s)
National Review Online, by Eliana Johnson    Original Article
Posted By: Pluperfect- 7/31/2013 6:07:16 AM     Post Reply
Embattled Internal Revenue Service official Lois Lerner and an attorney in the Federal Election Commission’s general counsel’s office appear to have twice colluded to influence the record before the FEC’s vote in the case of a conservative non-profit organization, according to e-mails unearthed by the House Ways and Means Committee and obtained exclusively by National Review Online. The correspondence suggests the discrimination of conservative groups extended beyond the IRS and into the FEC, where an attorney from the agency’s enforcement division in at least one case sought and received tax information about the status of a conservative group,

McCain strolls into Dem caucus meeting
39 replie(s)
The Hill (Washington DC), by Judy Kurtz    Original Article
Posted By: JoniTx- 7/31/2013 1:28:56 PM     Post Reply
Sen. John McCain — a Democrat? There was confusion Wednesday after the Arizona Republican mistakenly strolled into President Obama’s meeting with Senate Democrats at the Capitol. The room full of Democrats — who happened to be meeting in the same room where the Senate GOP usually holds their weekly policy luncheons — erupted in applause and laughter as the former Republican presidential candidate made his entrance. As McCain, 76, walked out of the Dem-filled space, reporters pressed him as to why he stepped foot in the room.

   

 



 
New Pelosi Agenda: Moms Free
from ´Burden of Child Care´

37 replie(s)
Breitbart´s Big Government, by Dr. Susan Berry    Original Article
Posted By: mitzi- 7/30/2013 7:23:04 PM     Post Reply
In an interview on National Public Radio (NPR), House Minority Leader Nancy Pelosi said her new agenda for women will give mothers access to day care so they can “earn without carrying the burden of child care.” During the interview, aired on Weekend Edition Sunday, Pelosi spoke about her newly announced agenda, which is on her website, and is titled, “When Women Succeed, America Succeeds: An Economic Agenda for Women and Families,” a plan that includes universal pre-school and access to day care for working women, and an increase in the minimum wage.

Karl Rove, 100+ GOP Donors Send
Letter to Republicans Urging
Immigration Reform

35 replie(s)
Breitbart Big Government, by Tony Lee    Original Article
Posted By: SpeedMaster- 7/30/2013 1:58:42 PM     Post Reply
Karl Rove and more than one hundred Republican donors sent a letter to Republican members of Congress on Tuesday, urging them to pass a comprehensive immigration reform bill that would include, among other provisions, granting "legal status" to illegal aliens who meet certain criteria. Anticipating that lawmakers will face resistance to the bill when they go home for the August recess, the letter marks the escalation of a campaign in which Republican leaders and donors are pressuring House Republicans to act on an immigration reform bill.

Bending the Trayvon
Martin tragedy to fit

34 replie(s)
Los Angeles Times, by Jonah Goldberg    Original Article
Posted By: Drive- 7/30/2013 7:45:50 AM     Post Reply
I never thought the Trayvon Martin/George Zimmerman case deserved nearly the attention it got. But reasonable people can disagree about that. What strikes me as unconscionable, however, is the way the supposedly objective media have not only sensationalized a tragedy but at times appear to deliberately bend the facts to fit a desired story line. Maybe it started with the use of pictures of a younger Martin or with the sudden embrace of the term "white Hispanic" to describe Zimmerman in order to more easily paint him as a racist. NBC News was the most egregious offender

   

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