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Images of the Russia and Georgia clash over South Ossetia
Warning the pictures you are about to see are real and gritty. There are images of dead bodies and burned out hulks and buildings. There are pictures of suffering and pain.
Do not look at these pictures if you do not want to be reminded that war is not glamorous and is not pretty. There is no glory in war, only a reminder of death and the follies of man.
http://www.navoine.ru/forum/viewtopic.php?p=551
Proceed at your own risk. Warning the pictures you are about to see are real and gritty. There are images of dead bodies and burned out hulks and buildings. The... more -
The Euro Zone Is Headed for a Bumpy Ride
Though most of Europe has avoided the real estate slump, the euro zone is feeling the pinch from disparities among its member states.
For most of August, business across Europe grinds to a halt as Germans, Italians, and the rest of the Continent head off for month-long vacations. This year, Europe's sun-seekers may want to savor their time away from the office a little more than usual. That's because bad economic news awaits their return to work as the euro zone -- the 15-country bloc that uses the euro as its currency -- moves headlong toward recession.
By any measure, times are getting tough for Europe. Business activity hit a seven-year low in July, and growth in the region's gross domestic product is expected to slump to 1.5 percent in 2008, compared with 2.6 percent last year. In the once-booming Spanish economy, the imploding domestic housing market has pushed the unemployment rate to 10.7 percent -- the highest for any member country of the Organization for Economic Cooperation & Development. Even in Germany, the region's largest economy, declining exports have cut industrial production to its lowest level since the late 1990s.
Read more... Though most of Europe has avoided the real estate slump, the euro zone is feeling the pinch from disparities among its member states. ... more -
Home Simpson One Euro Coin
Someone has meticulously chiseled the face of King Juan Carlos I de Borbon y Borbon, King of Spain, into the less regal mug of Homer Simpson! Someone has meticulously chiseled the face of King Juan Carlos I de Borbon y Borbon, King of Spain, into the less regal mug of Homer ... more
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Fake euro notes on the rise
The number of fake euro banknotes is on the rise, the European Central Bank (ECB) said on Thursday, with the 50 euro note the preferred choice of counterfeiters.
The ECB said the number of fake euro notes seized by authorities had jumped more than 15 percent in the first six months of the year.
The ECB said 36 percent of all seizures were 50 euro notes, 33 percent were 20's and 21.5 percent of recoveries were 100 euro notes. The number of fake euro banknotes is on the rise, the European Central Bank (ECB) said on Thursday, with the 50 euro note the preferre... more -
Oil falls $5, Dollar goes up
Bloomberg.com:
"Crude oil fell more than $5 a barrel as the dollar rose to a one-week high against the euro amid speculation that leaders from the Group of Eight industrialized nations will signal support for the currency.
Oil fell for the first session in four as commodities such as gold and silver also dropped. Investors used commodities to hedge declines in the U.S. currency as it reached a record low against the euro this year. President George W. Bush said yesterday that ``the U.S. believes in a strong-dollar policy.''
``Whenever the dollar strengthens, that makes commodities more expensive for everyone else in the world,'' said Peter Beutel, president of energy consultant Cameron Hanover Inc. in New Canaan, Connecticut. ``It makes them less willing to buy oil.''
-Hopefully these prices continue to drop. Bloomberg.com: ... more -
The buck doesn't stop here; it just keeps falling
Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A Belgium company is trying to gobble up St. Louis-based Anheuser-Busch, the nation's largest brewer and iconic Super Bowl advertiser.
The almighty dollar is mighty no more. It has been declining steadily for six years against other major currencies, undercutting its role as the leading international banking currency. The long slide is fanning inflation at home and playing a major role in the run-up of oil and gasoline prices everywhere. Brother, can you spare a euro? Signs saying "We accept euros" are cropping up in the windows of some Manhattan retailers. A ... more -
Euro 2008 - not only hot in the field but also on the stadium
Yeah some pictures of those "hot" fan in Euro 2008
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Venduta!
Venduta! di Luca Bedini e Emanuele Ferraris
Qual'è il record per un asta di automobili?
6,4 milioni di Euro.
Li ha spesi Chris Evans, dj della BBC, per una Ferrari California Spider del 1961 appartenuta al grande James Coburn.
Il pod racconta i momenti salienti dell'asta organizzata da RM Auctions a Maranello.
Suspence, motori, Ferrari leggendarie e tantissimi soldi da spendere. Venduta! di Luca Bedini e Emanuele Ferraris Qual'è il record per un asta di automobili? 6,4 milioni di Euro. ... more -
Pretty girls and Euro 2008
Pictures about some pretty female fans in Euro 2008
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Setting The Stage: Major Money Problems New American Currency May Be On Its Way!
The key statement here is when George Bush said "I would never take intervention off the table or any policy tool off the table. I just can't speculate about what we will or won't do."
Do you think that things could get so bad as to necessitate a Currency Change what with gas prices predicted to rise to as much as $6.00 per gallon by August 2008 and even higher with oil futures predicted to reach $300 per barrel of crude. What will that do to gasoline prices?
The economy and the amount of cash that is in circulation with interest rates at record lows could have a devastating effect on world markets should the currency become invalidated as it has in other countries experiencing hyperinflation and devaluation of their currencies.
One example is Ecuador that switched over to using American Dollars in their country because their inflation had taken them to the point where one dollar could purchase $30K in Sucres, at that point $30K in Sucres was enough money for a small family of 4 to live modestly for a month.
Is the Federal Reserve setting the stage for such an event? What are your thoughts?
Jubal
Full Story Below
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By MARTIN CRUTSINGER | AP Economics Writer
6:10 PM EDT, June 9, 2008
WASHINGTON - President Bush's forceful call on Monday for a stronger U.S. dollar in the world economy may be coming a little late for Americans fed up with gas prices topping $4 a gallon and steadily rising costs of other imported goods.
As he left for Europe, the president said the U.S. is committed to keeping its currency strong, a point he clearly felt needed to be made after the dollar's long slide against the euro and other international currencies.
Bush's words signaled his administration's concerns about the economy. The sinking greenback is one reason that fuel prices are at record levels, and the run-up in energy prices is battering consumers and worsening the risk of recession.
"A strong dollar is in our nation's interests. It is in the interests of the global economy," Bush said outside the White House.
Bush and Treasury Secretary Henry Paulson appear to be easing away from their hands-off approach to managing the value of the dollar. While a strong dollar has long been stated U.S. policy, that usually has amounted to no more than rhetoric unbacked by specific steps.
The government has limited options for propping up the greenback, especially in an election year with rising unemployment, slumping consumer confidence and the worst housing market in decades.
Paulson declined to rule out direct intervention -- the buying by the government of dollars in currency markets -- as a way to influence the currency's value. Another way to shore up the dollar is for the Federal Reserve to raise interest rates -- seen as an unlikely prospect given the current state of the economy.
For seven years, the administration has refused to intervene in currency markets, even though the dollar has been sliding in value for most of the time Bush has been in office. The administration has insisted that currency levels should be set by free-market forces.
Bush, in an interview with the Times of London as he flew across the Atlantic, added to his earlier comments, saying, "We want the dollar to strengthen."
A weakening dollar has some economic advantages. It reduces the cost of U.S. goods sold overseas for instance, helping American manufacturers who depend on foreign markets. But it's also been a major factor in the rising gasoline prices.
European allies have urged the Bush administration to speak up more aggressively in defense of the dollar. And the president's unusual comments on Monday seemed to be an attempt to ease their concerns.
Since oil worldwide is priced in dollars, Europeans blame some of their own inflation on the weakening dollar. The key statement here is when George Bush said "I would never take intervention off the table or any policy tool off the table. ... more -
England Croatia Euro 2008 Flop: John the train mans banter at Wembley cheered me u...
Hanging out with slightly lubed John a man who tells me of his woes and sheema's assets, his banter is the sex.
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England Croatia disaster...bye bye Mclaren
It all looked so good at 2-2, thought we were going to win it from there. Bye bye Steve Mclaren!
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England Russia trip at Wembley 2007
A visit to Wembley stadium for the European Championships 2008 qualifying match V the Russians, a bit of post match pub action too.
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Euro edges higher against US dollar in aftermath of ECB meeting
The euro was higher against the U.S. dollar on Friday after the European Central Bank signaled that it was unlikely it would consider any interest rate cuts in the coming months.
In midmorning European trading, the 15-nation currency rose to US$1.5463 compared with US$1.5404 in late trading Thursday night in New York.
The British pound was up slightly to US$1.9542 from US$1.9535 the night before in New York after the Bank of England ruled out a back-to-back decrease on its interest rate, leaving it at 5 percent. The euro was higher against the U.S. dollar on Friday after the European Central Bank signaled that it was unlikely it would consider ... more -
Rumblings of a UK recession?
The pound hit a new low against the Euro - below 80p. The decline was blamed on warnings that house prices in the UK could fall by 10% this year while another showed consumer confidence dropping for the 6th straight month.
Sounds familiar... The pound hit a new low against the Euro - below 80p. The decline was blamed on warnings that house prices in the UK could fall by 10... more -
Warrior Queen dubstep future sounds!!
check the wikapedia and research dubstep! its gonna take over soon!!
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Dollar falls to record low against Euro
Following hints from the Federal Reserve Chairman on Wendesday, the dollar tanked once again.
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Euros now accepted in New York
In the latest example that the U.S. dollar just ain't what it used to be, some shops in New York City have begun accepting euros and other foreign currency as payment for merchandise.
While shops in many U.S. towns on the Canadian border have long accepted Canadian currency and some stores on the Texas-Mexico border take pesos, the acceptance of foreign money in Manhattan was unheard of until recently. In the latest example that the U.S. dollar just ain't what it used to be, some shops in New York City have begun accepting euros ... more -
Dollar falls... Again
The dollar fell to it's lowest point in 7 weeks against the Euro. Why? Our policies are more interested in villains that American civilians. The dollar fell to it's lowest point in 7 weeks against the Euro. Why? Our policies are more interested in villains that Americ... more
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Gisele Bundchen takes all forms of currency
Model Gisele Bundchen is denying reports that she only accepts euros.
"The story of the euro is a lie," she told the Brazilian newspaper O Globo in comments published Wednesday. "I work with many international companies, I earn salaries in different currencies, that's all." Model Gisele Bundchen is denying reports that she only accepts euros. ... more
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