A Shortcut to Financial News

Financial News Hope everyone is having a great Thanksgiving weekend and got some great bargains yesterday! With the official start of the holiday season, the markets are also looking a bit brighter. Kind of.

On Monday, Citigroup was bailed out from its recent troubles, with a $20 billion capital injection from TARP in exchange for preferred shares and a government agreement to guarantee over $300 billion of their troubled assets. The shares went from $3.77 last Friday (as I remember, but could be a bit off) to $8.29 yesterday. It would've been an easy way to double your money quick! Citi was simply too big and international to be allowed to fail.

On Tuesday, the latest economic data were released, citing a 0.5% decline in GDP from July-September, more than the 0.3% announced a month ago. Home prices also dropped a whooping 17.4% from a year ago, a record decline. Along with this bad economic data however, the Fed also announced a new $800 billion program to support asset-backed securities including consumer loans and mortgage-backed securities:

• $100 billion to buy up debt issued by government-sponsored mortgage enterprises Fannie Mae, Freddie Mac and the Federal Home Loan Banks
• $500 billion to buy up mortgage securities backed by Fannie Mae, Freddie Mac, and Ginnie Mae
• $200 billion facility to support consumer finance, including student, auto, and credit card loans and loans backed by the federal Small Business Administration

Designed as a life line for consumers, it is supposed to help consumers get home, car and credit card loans easier. I haven't figured out all the implications of this program is. I am still astounded by the sudden $800 billion splurge. Last time they announced a splurged $700 billion, there were long congress hearings and deliberations for at least a week. Where was the hearing and deliberation here (or have I just been unaware of the politics?)? Regardless, this has run the financial crisis tab to $7.36 trillion- double what was spent on WW2 adjusted for inflation!

Overseas, the latest headline to up the pirate fiasco last week (not that it has gone away), is the terrorist attack in Mumbai, India. I thought that Mumbai and Delhi were pretty civilized and safe these days with their strong economic growth and development. That is why I was so shocked to hear that the city was attacked by terrorists who randomly shot at people on the streets and hijacked 2 of the most luxurious hotels there, the Taj Mahal and the Oberoi, and a Jewish center, taking and killing many hostages! The latest death toll as of Saturday evening was at least 183. The terrorists, were well trained and in their 20s. They arrived in Mumbai by boat and the whole thing appeared to be very well planned. They suspect that the gunmen are from Pakistan and that this may have something to do with the dispute in Kashmir.

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Make Cycling Lifestyle

Bicycle transportatio

Currently the campaign to reduce global warming being intensively conducted by various parties, ranging from government, artists, among artists, educators, students, community and even employers were competing to create environmentally friendly products. Global warming issue is hot in the middle of society, given the impacts that will occur so horrible. Even today, the impact of global warming is already starting to look not so great though, as rising temperatures on earth, polar ice melting up to the many natural disasters that occurred in various parts of the country.One factor contributing to the global warming is air pollution due to motor vehicle fumes. In big cities like Jakarta, we can see long queues of cars and motorcycles in various roads because of congestion, just imagine how much smoke released by the vehicles stuck in traffic. Widespread use of motorized vehicles, like cars and motorcycles, as a means of transportation resulted in higher levels of air pollution, smoke released by motor vehicle exhaust disturbing presence of the ozone layer which has been protecting the earth from the sun's ultraviolet rays. According to the study, the ozone layer that protects our beloved earth has now been perforated. If this situation continues then it can be allowed to threaten the survival of living creatures on this earth.Therefore, efforts were made to reduce global warming, calls, calls for maintaining and caring for the earth increasingly widespread in various areas, ranging from advertising on television, newspapers, radio, posters, other than that we can see in some places there is a mural, pictures on the wall, which contains messages about the dangers of global warming, calls for care for the earth, menghijuakan environment and so on. One effort to reduce global warming that is a trend in the community, especially the city, was cycling when they wanted to move.The government now seeks to promote the bicycle as a means of transportation to work, for example the municipality of Yogyakarta which initiated the "Sego segawe". Similarly, the government declared the city a car free day (free day motor vehicles). Steps taken by the government proved fruitless, as evidenced by the number of people who are now starting to use bicycles for transportation in carrying out their daily activities. Government efforts are also supported with the construction of several facilities for cyclists, such as on some streets have been made a special lane for cyclists, even at the traffic light is also provided a place for cyclists. Guide signs for traffic for the cyclists were there, for example about an alternative guide.
Bicycle transportation is cheap and environmentally friendly. In addition to reducing air pollution, cycling can also nourish the body. Therefore, if we want to participate in efforts to reduce global warming so let's follow the advice the government to make the bike as a means of transportation in carrying out our daily activities. That way, the dangers of global warming is so horrible for the survival of living beings on this earth can be prevented.

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Official Ball Adidas Finale Champions League Final

Entering the Champions League knockout phase of Europe, Adidas introduced a ball that will eventually be used in the final of Prestigious European Football Championships which will take place at Wembley on May 28 later. Adidas ball for the umpteenth time reliable back up for grabs in the Champions League final. Previously had doubts exist about this Adidas appointment. Because, the last ball of their output, Jabulani was being debated at the World Cup finals and then South Africa.
However, Adidas was able to convince UEFA to claim if their ball is a ball this time they produce the most sophisticated ever. Easily controlled, more powerful, more goal leads are some of the advantages of their new ball this time.

Adidas Finale 2011 is the name of the ball with a swathe of red paint that star logo. Has not been tested, piloted, to date there has been no comment on this ball of some European players, especially goalkeepers.

Adidas Finale Wembley 2011 (c) Adidas.
Is easier to control for the kicker, or whether it difficult Goalkeeper? We await further news.

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