hey rani are you hindustani
whooooa!
Women don't need sex as often as men do. This is because sex is more physical for men and more emotional for women.
http://www.zerohedge.com/news/2014-08-27...ruble-yuan
Quote:Several months ago, when Russia announced the much anticipated "Holy Grail" energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar's stranglehold on the rest of the world, neither Russia nor China announced payment terms to be in anything but dollars. In doing so they admitted that while both nations are eager to move away from a US Dollar reserve currency, neither is yet able to provide an alternative.
This changed in late June when first Gazprom's CFO announced the gas giant was ready to settle China contracts in Yuan or Rubles, and at the same time the People's Bank of China announced that its Assistant Governor Jin Qi and Russian central bank Deputy Chairman Dmitry Skobelkin held a meeting in which they discussed cooperating on project and trade financing using local currencies. The meeting discussed cooperation in bank card, insurance and financial supervision sectors.
And yet, while both sides declared their operational readiness and eagerness to bypass the dollar entirely, such plans remained purely in the arena of monetary foreplay and the long awaited first shot across the Petrodollar bow was absent.
Until now.
whats up
(Reuters) - A U.S. Bankruptcy Court judge late on Thursday removed allegations made by one of Detroit's remaining hold-out creditors against mediators in the city's historic municipal bankruptcy case.
Judge Steven Rhodes chastised Syncora Guarantee Inc for claiming in an Aug. 12 court filing that mediators, Chief U.S. District Court Judge Gerald Rosen and attorney Eugene Driker, are biased.
"The court finds that the allegations concerning the mediators ... are scandalous and defamatory," Rhodes' ruling stated.
It added that the bond insurance company's "highly personal attack" on Rosen was legally and factually unwarranted, unprofessional and unjust.
James H.M. Sprayregen, an attorney at Kirkland & Ellis representing Syncora said they "respectfully disagree with Judge Rhodes."
"We still have concerns about the fairness of the mediation process," he said in a statement. "These issues will be addressed more specifically in further court proceedings.â€
In its court filing, Syncora lashed out at mediators, including Rosen, who brokered the so-called grand bargain, with allegations of improper conduct and conflicts of interest.
Judge Steven Rhodes chastised Syncora Guarantee Inc for claiming in an Aug. 12 court filing that mediators, Chief U.S. District Court Judge Gerald Rosen and attorney Eugene Driker, are biased.
"The court finds that the allegations concerning the mediators ... are scandalous and defamatory," Rhodes' ruling stated.
It added that the bond insurance company's "highly personal attack" on Rosen was legally and factually unwarranted, unprofessional and unjust.
James H.M. Sprayregen, an attorney at Kirkland & Ellis representing Syncora said they "respectfully disagree with Judge Rhodes."
"We still have concerns about the fairness of the mediation process," he said in a statement. "These issues will be addressed more specifically in further court proceedings.â€
In its court filing, Syncora lashed out at mediators, including Rosen, who brokered the so-called grand bargain, with allegations of improper conduct and conflicts of interest.
The Standard & Poor’s 500 is ending the week at a record high after a day of quiet trading.
Chip maker Avago Technologies jumped nearly 8 percent after reporting earnings that beat analysts’ estimates.
The latest reports on the U.S. economy were mixed. Consumer sentiment improved in August, while spending fell and income growth slowed in July.
The Standard & Poor’s 500 rose six points, or 0.3 percent, to finish at 2,003.37, an all-time high, Friday. The Dow Jones industrial average rose 18 points, or 0.1 percent, to 17,098. The Nasdaq composite rose 22 points, or 0.5 percent, to 4,580.
Bond prices barely budged. The yield on the 10-year Treasury note held at 2.34 percent.
Chip maker Avago Technologies jumped nearly 8 percent after reporting earnings that beat analysts’ estimates.
The latest reports on the U.S. economy were mixed. Consumer sentiment improved in August, while spending fell and income growth slowed in July.
The Standard & Poor’s 500 rose six points, or 0.3 percent, to finish at 2,003.37, an all-time high, Friday. The Dow Jones industrial average rose 18 points, or 0.1 percent, to 17,098. The Nasdaq composite rose 22 points, or 0.5 percent, to 4,580.
Bond prices barely budged. The yield on the 10-year Treasury note held at 2.34 percent.
Not much
good morning
The main opposition coalition APNU wants the AFC to come under its umbrella at possible 2015 general elections but the smaller party says it will not as it wants to keep its identity and support base.
“At this time no… when persons joined the AFC was because Guyanese, they needed that change. For us to join APNU would defeat our purpose and we risk losing our support base,†a party executive told Stabroek News yesterday.
The AFC’s stance on the issue comes in the wake of APNU Leader David Granger saying that the coalition would like the AFC to revisit a Memoran-dum of Understanding that APNU had proposed in 2012 to the AFC on forming a coalition.
Granger said that while he was optimistic that come next general elections the coalition will win the most votes, partnering with the AFC will almost guarantee an APNU presidency. When this happens, he said, he will not define his or any other party as winners or losers, majority or minority but will seek to have an inclusionary democracy.
“At this time no… when persons joined the AFC was because Guyanese, they needed that change. For us to join APNU would defeat our purpose and we risk losing our support base,†a party executive told Stabroek News yesterday.
The AFC’s stance on the issue comes in the wake of APNU Leader David Granger saying that the coalition would like the AFC to revisit a Memoran-dum of Understanding that APNU had proposed in 2012 to the AFC on forming a coalition.
Granger said that while he was optimistic that come next general elections the coalition will win the most votes, partnering with the AFC will almost guarantee an APNU presidency. When this happens, he said, he will not define his or any other party as winners or losers, majority or minority but will seek to have an inclusionary democracy.
APNU planning to form a coalition wth AFC, win the election then kick AFC to the kerb like the PNC did to UF. The PNC then reigned for 28 years and UF went into oblivion.
Lets see if AFC takes the bait.
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