http://www.traderscommunity.com/ Traders Community where you will find one of the biggest and best collections of trading information. en-gb The information contained in this website is for general information purposes only. The information is provided by Traders Community and whilst we endeavor to keep the information up-to-date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.Read full disclaimer: Website disclaimer info@nospam.com (Admin) info@nospam.com (Admin) Thu, 09 Sep 2010 22:58:39 -0700 Thu, 09 Sep 2010 22:58:39 -0700 http://backend.userland.com/rss e107 (http://e107.org) 60 http://www.traderscommunity.com/images/web_logo88a.gif http://www.traderscommunity.com/ 88 31 Traders Community where you will find one of the biggest and best collections of trading information. http://www.traderscommunity.com/news.php?item.34770.5 Books to Help Understand Climate Change

Our Choice, Storms of my Grandchildren, Requiem for a Species are all climate change titles that warn of climate catastrophe. It has not been easy to understand climate change with different scientific and political agendas in the last decade or so. Climate change became the cause of the day with Al Gore’s “Inconvenient Truth’ but what has happened since? We have seen the failure of the Copenhagen summit to come to any global consensus, no less a solution to climate change.

One can easily come to the conclusion that material goals are paramount in both the west and third world behemoths of China and India. How does the collective conscience come to grips with the problem or does the massive narcissism that is so overriding mean it is a question of ‘who cares what happens in 50years?” as the pervading thought.

Three authors ponder the future which may help us individually look towards solutions. The books are ‘Storms of my Grandchildren’ by James Hansen, ‘Our choice’ by Al Gore and ‘Requiem for a species’ by Clive Hamilton. These tomes will help us decide how we go forward in these times and help us understand climate change. Here I discuss some highlights of Our Choice, Storms of my Grandchildren, Requiem for a Species.]]> billyaustindillon@nospam.com (billyaustindill) Sun, 08 Aug 2010 07:40:59 -0700 http://www.traderscommunity.com/news.php?item.34770.5 http://www.traderscommunity.com/news.php?item.34760.5 Exxon Valdez disaster. It has so far cost BP's chief executive Tony Hayward his position and it is expected it will cost President Obama and the ruling Democrats many jobs also.

The next step in 'static kill' program to stop the gushing oil is to pump in cement on top of the drilling mud. This will create a seal behind the mud as a seal, but BP said further monitoring was required to see if more mud should be pumped in first. The aim of the static kill is to cap for oil gusher, which was temporarily capped in mid-July. We have seen environmental disaster with Birdlife, fishing, turtles and oysters habitats damaged. We have also seen severe strain on the Gulf Coast economy.

Static Kill

BP said in a statement that the 'The MC252 well appears to have reached a static condition -- a significant milestone. '

'Static kill' could take 33 to 61 hours to complete. It is part one of a two-punch plan to finally seal the leaking Macondo well. Part 2 is a relief well later in the month.]]> billyaustindillon@nospam.com (billyaustindill) Wed, 04 Aug 2010 05:42:07 -0700 http://www.traderscommunity.com/news.php?item.34760.5 http://www.traderscommunity.com/news.php?item.34729.5
Huge 25-foot (7.6 metre) waves have pounded beaches and the threat of mudslides is ever present in this type of weather. This at a time when California has been subjected to drought for the past three years. Australians at this week's 'G'day Australia" week have an eerie feeling from the similar rains that hits New South Wales this month. Australia has been ravaged by a drought for the past eight years.

A state of emergency has been declared in five counties by State Attorney General Jerry Brown. Governor Arnold Schwarzenegger being out of state. We must wait and see if the benefits of the storms are lasting. California needs the water, no question and over three feet of snow has been dumped on it's mountain ranges.

It has been very hard on those living in the foothills north of Los Angeles still suffering from last year's wildfires. Around 1,000 homes are evacuated in case of mudslides.]]> melanie@nospam.com (traders) Thu, 21 Jan 2010 15:53:01 -0800 http://www.traderscommunity.com/news.php?item.34729.5 http://www.traderscommunity.com/news.php?item.34686.5
The filing would follow a board meeting scheduled for earlier in the afternoon, one of the sources said.]]> melanie@nospam.com (traders) Mon, 18 Jan 2010 19:36:57 -0800 http://www.traderscommunity.com/news.php?item.34686.5 http://www.traderscommunity.com/news.php?item.34511.5
A low pressure system was expected to develop off the west Kimberley coast and there was a 'high,' or more than 50 percent chance a cyclone would form by Friday, the bureau said in a statement Wednesday.

The cyclone would be the second major storm of the November-to-April season to form in Australia's 'cyclone alley' after Cyclone Laurence shut mines and ports in December.

There are normally about five cyclones in the area each season.

The storms frequently force gas producers and iron ore miners along the coast to temporarily suspend operations until gale force winds subside and accompanying heavy rains abate.]]> melanie@nospam.com (traders) Tue, 12 Jan 2010 20:03:26 -0800 http://www.traderscommunity.com/news.php?item.34511.5 http://www.traderscommunity.com/news.php?item.34498.5
The move came just days after China reported robust trade figures and was the first time that the central bank had adjusted the ratio since a cut in December 2008, when it was loosening policy to cushion the economy from the global financial crisis.

The sudden move by the People's Bank of China to boost required reserves came earlier than investors had expected and appeared prompted by concerns that a renewed surge in bank lending was flooding the economy with too much cash, risking overheating and a surge in inflation.

'This is exactly what happens with Chinese policy. They say fine tuning. It never happens that way. It's always nothing or boom,' Ken Peng, an analyst with Citigroup in Beijing said. 'When they reach a consensus, it happens very quickly.'
]]> melanie@nospam.com (traders) Tue, 12 Jan 2010 17:41:25 -0800 http://www.traderscommunity.com/news.php?item.34498.5 http://www.traderscommunity.com/news.php?item.34397.5
Policymakers had indicated they were likely to stay on hold until at least February when they will get new growth and inflation forecasts and the scheduled asset purchases run out. This was the unanimous expectation of economists polled by Reuters before Christmas.

The BoE launched its quantitative easing process -- which uses newly created money to buy financial assets, mostly gilts -- in an unprecedented attempt last March to boost an economy ravaged by a global credit crunch.

The economy is now showing signs of revival. House prices are rising and forward-looking surveys point to a recovery in activity, suggesting Britain pulled out of recession during the last three months of 2009.

Most analysts expect no further expansion of the QE programme -- which was expanded by 25 billion pounds in November -- meaning the scheme will end next month. But it is likely to be some while before policymakers feel confident enough about growth to start raising interest rates.
]]> melanie@nospam.com (traders) Thu, 07 Jan 2010 04:00:52 -0800 http://www.traderscommunity.com/news.php?item.34397.5 http://www.traderscommunity.com/news.php?item.34385.5
The People's Bank of China is also set to drain a net 137 billion yuan ($20 billion) from the market this week, the biggest weekly drain in 11 weeks, as it intensifies the pace of quantitative tightening to curb excessive market liquidity.

'Both the hike of the auction yield and heavy drain were unexpected as the market had thought that the central bank would at least be lenient ahead of the Spring Festival,' said money market analyst Liu Junyu at China Merchants Bank in Shenzhen.

The Spring Festival, or Lunar New Year, falls in mid-February this year. The weeks leading up to the major week-long holiday are typically a time of heavy spending by the Chinese, resulting in tight liquidity.]]> melanie@nospam.com (traders) Wed, 06 Jan 2010 20:32:38 -0800 http://www.traderscommunity.com/news.php?item.34385.5 http://www.traderscommunity.com/news.php?item.34301.5
Firefighters waded through mountains of mud and sifted through the remains of a lodge and homes that were destroyed in the early hours of Friday when a hillside collapsed in the luxury beach resort of Angra dos Reis, removing 35 bodies, authorities said.

Angra dos Reis, the nearby island of Ilha Grande and other towns on the southern coast of Rio de Janeiro state are a magnet for local and foreign tourists over the New Year's holiday.

Heavy rain also left several cities without power in the state of Sao Paulo, where six tourists died in a mudslide in the town of Cunha.

At least three people died because of mudslides in Juiz de Fora, a city in Minas Gerais state.

In Rio de Janeiro state, where Brazil has most of its oil reserves and has long been the nation's flagship tourist destination, the death toll climbed to 55, authorities said.

"The weather is improving, which helps us with the search, but we won't rest as long as we suspect that there are more bodies underneath the remains," said Colonel Jerri Andrade of Angra's firefighters corps and who is overseeing the search.]]> melanie@nospam.com (traders) Fri, 01 Jan 2010 20:33:20 -0800 http://www.traderscommunity.com/news.php?item.34301.5