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01:33
S&P DOWNGRADES EUROZONE BAILOUT FUND
STORY: S&P DOWNGRADES EUROZONE BAILOUT FUNDDATELINE: Jan. 17, 2012LENGTH: 0:01:25LOCATION: London, Berlin CATEGORY:ECONOMYINTROThe credit ratings agency Standard & Poor's has downgraded the EU bailout fund to AA+ from AAA.The move follows the S&P downgrade of nine eurozone countries last FridayWorld News has this report.PKGStandard & Poor's on Monday lowered the AAA long-term issuer credit rating of European Financial Stability Facility by one notch to AA+.The EFSF, designed to fund rescue packages for Greece, Ireland and Portugal partially with bond sales, owed its AAA rating to guarantees from its sponsoring nations. Two of those sovereigns, France and Austria, were cut on Jan. 13 to AA+ from AAA by S&P, which also downgraded seven other euro countries. The decision was the result of downgrades to France's and Austria's ratings from AAA since they served as top-level guarantors of the EFSF.However, S&P' s also said it would restore the top AAA ranking if the fund obtains additionalPowered by NewsLook.com Producer : Xinhua News Agency
04:02
ANALYST: MARKETS IMPATIENT WITH EU
STORY: ANALYST: MARKETS IMPATIENT WITH EUDATELINE: Dec.8, 2011LENGTH: 0:03:53LOCATION: New YorkVOSOTWith rating agencies heaping pressure onto EU leaders to end their lingering debt crisis, financial analysts warn that markets are losing patience with the eurozone.It seems the gulf between Europe's strong words and weak actions is finally taking its toll.SOUNDBITE (ENGLISH); WAYNE LIN, LEGG MASON FINANCIAL ANALYST"I think that very much time is running out and the market is starting to lose patience. The difficulty is, if you think about it, if you remove all the political background, what is the most expedient thing to end this crisis. And I think the most expedient thing is for the European Central Bank to say: "We will be buying all sovereign debt no matter what and no matter at what price, effectively serving as the backstop, the quote and quote lender of last resort." And if they were able to do that, I think the market would stabilize and it would give the European nations time Powered by NewsLook.com Producer : Xinhua News Agency
03:00
Opportunity costs in Iraq
Camp Virginia in Kuwait. This is one of the last stops for U.S. troops in Iraq as they prepare to head home. There are now less than 20,000 U.S. troops in Iraq, with all forces expected to pull out by the end of the year, nearly nine years after the invasion that toppled Sunni dictator Saddam Hussein. Violence has fallen sharply since the height of Iraq's sectarian slaughter four years ago. Nevertheless Sunni insurgents associated with al Qaeda and Shi'ite militias linked to Iran still carry out lethal attacks, bombings and assassinations. But the number of attacks has dropped to less than 14 per day from an average of 145 per day. U.S. officials say they are confident Iraq can handle it's own security but there is still work to be done. Major General Jeffrey Buchanan in Baghdad was made available to Reuters by the Pentagon. Major General Jeffrey Buchanan, saying (English): "Serving here for a number of years and working with Iraqi security forces, I am optimistic about the future. Right now, I think that the Iraqi people and Iraqi security forces have a tremendous set of opportunities for them. We have seen them make progress in their ability to have a country that is stable, that is sovereign and that is self reliant. But frankly they are not where they need to be yet." As the U.S. wraps up its mission, Buchanan says Americans leave behind opportunities,. Major General Jeffrey Buchanan, saying (English): "All of these sacrifices have led to a situation where the Iraqi people have opportunities that they never had in the past. Opportunities to elect their own form of government, to choose their own form of government, to develop economically and to use that economy for the betterment of all the people rather than just a corrupt political party -- an opportunity to build security forces that supports and protects all of the people rather than just a dictator. And so I think that the Iraqi people recognize these opportunities, my greatest hope is that they take advantage of the opportunities that they now have." Talks between Washington and Baghdad about keeping a small contingent of U.S. soldiers in Iraq as trainers fell apart in October after Iraqi leaders to refused to grant legal immunity to U.S. troops. Deborah Lutterbeck, Reuters.
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22:55
God's Will in Connection with Prayer - S.D. Gordon - Quiet Talks on Prayer (11 of 17)
Quiet Talks on Prayer Playlist: http://www.youtube.com/playlist?list=PLA3695D7F277F0B2F "An open life, an open hand, open upward, is the pipe line of communication between the heart of God and this poor befooled old world. Our prayer is God's opportunity to get into the world that would shut Him out." In the early 1900s, S.D. Gordon was a widely traveled speaker in high demand. A prolific author, he wrote more than 25 devotional books, most with the phrase "Quiet Talks" in the title. His first book sold half a million copies over 40 years! He died in 1936. E.W. Kenyon said that "S.D. Gordon is a sporadic outburst of divine grace. He is unusual, as are all of God's rare tools... he is perfectly balanced in the Word and in the Spirit. He represents that rare but vanishing class of spiritually minded men of the last generation." "The Treasury of Quiet Talks Selections from S.D. Gordon" (1951) by John W. Bradbury gives this brief biography (adapted): "Samuel Dickey Gordon ministered the deep things of God, he was not an ordained minister, He could boast no academic degrees, he was never doctored [he never received an earned or honorary doctorate]. Theological concepts he obtained from his Bible. A plain man, controlled by a deep desire to edify God's people, he won the respect of the learned and at the same time the affection of the simple. "Gordon lived a long and useful life. He was born in Philadelphia August 12, 1859 and died June 1936. A public school education was all the academic training he had. But, as a young man, he was hard working , consecrated and sought the best God had for him. He served as assistant secretary of the Philadelphia Young Men's Christian Association in 1884-86 so efficiently that he became state secretary for the YMCA in Ohio, serving from 1886 to 1895. In this period he developed a quiet style of devotional speaking which was quite the opposite of the powerful forensics which dominated the pulpit style of that period. "Gordon then took four years to visit the mission fields of the Orient and to tour Europe on speaking missions. His quiet manner, simplicity, illustrative quality and gentle spirit won for him a great following wherever he went. "Quiet Talks on Power" was his first book, published by Fleming H. Revell in 1901. Gordon was then forty-two. His "Quiet Talks on Prayer" followed in 1904, "Quiet Talks on Service" and "Quiet Talks about Jesus", in 1906. The demand for his books had grown so great that he could produce two in a year and follow thereafter with one series of Quiet Talks each year until 1915 when the first World War disrupted everything. After the war he resumed his Quiet Talks in books but not at the same speed. Altogether he produced twenty-five books, twenty-two of which belonged to the Quiet Talks series. "An incessant and tireless itinerant, Gordon never lacked for opportunities to preach. He never called himself a preacher, preferring the title of lecturer. In a real sense he was unique. His manner of speaking, never dull, always illustrated by parabolic stories, had gripping power to hold the attention and stir the heart." His brother, James Logan Gordon, was an ordained minister, and served three pastorates in Canada and then at the First Congregational Church in San Francisco. God's Will in Connection with Prayer - S.D. Gordon - Quiet Talks on Prayer (11 of 17)
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06:53
heistLAB: Behind Ashraf Laidi's "Currency Trading & ...
Top currency analyst Ashraf Laidi gives us the story behind his book "Currency Trading & Intermarket Analysis." Also, in the course of explaining how the book came about, Ashraf discloses some key ways of thinking about the currency markets, equities, commodities, and interest rates. Ashraf explains his education and focus on central banks, wanting to write an advanced currency trading book with intermarket analysis, and his experiences of market conditions from 2002 through 2007 that led to this book. Recorded earlier this year on January 26th, 2010, this interview follows from Traders Unscripted: Ashraf Laidi, part of the “Meet the Masters” Series we filmed for the 3Gurus Global Trading Webinar. Part 2: HeistLab – Ashraf Laidi talks about the experiences that helped him write his book “Currency Trading & Intermarket Analysis: How to Profit from Shifting Currents in Global Markets” - Follow Ashraf on twitter: @alaidi - Read Ashraf on: http://AshrafLaidi.com - Follow us on twitter: @marketHEIST - Follow host Jeffrey Lin: @JeffreyLin About Ashraf Laidi Ashraf Laidi is Chief Market Strategist of CMC Markets, author of “Currency Trading & Intermarket Analysis” and founder of AshrafLaidi.com. At CMC Markets, Laidi oversees the analysis and strategy functions of key currency pairs as well as decisions and trends of the major global central banks. He is also responsible for educating and informing clients on the essential dynamics underpinning FX, commodity and credit markets. Prior to joining CMC Markets, Mr. Laidi was an analyst at a United Nations-specialized agency, monitoring global fixed income and equity portfolios. He also served as chief FX strategist at MG Financial Group where he pioneered online FX analysis for retail investors via the creation of the first 24-hour currency portal. His other experience included emerging market fixed income at Reuters and assessing sovereign and project investment risk consulting with the World Bank. Mr. Laidi provides expert commentary on CNBC, Bloomberg TV, ...
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03:03
Afganistan 2012
Afghanistan i/æfˈɡænɨstæn/ (Persian/Pashto: افغانستان, Afġānistān), officially the Islamic Republic of Afghanistan, is a landlocked sovereign state located in the centre of Asia, forming part of South Asia, Central Asia and Western Asia. With an estimated population of about 29 million, it has an area of 647,500 km2, making it the 42nd most populous and 41st largest nation in the world. It is bordered by Pakistan in the south and the east, Iran in the west, Turkmenistan, Uzbekistan and Tajikistan in the north, and China in the far northeast. The territory of Afghanistan has been an ancient focal point of the Silk Road and human migration. Archaeologists have found evidence of human habitation from as far back as 50,000 BC. Urban civilization may have begun in the area as early as 3,000 to 2,000 BC.The country sits at an important geostrategic location that connects the Middle East with Central Asia and the Indian subcontinent,which has been home to various peoples through the ages.The land has witnessed many military campaigns since antiquity, notably by Alexander the Great, Chandragupta Maurya, Genghis Khan, the Soviet Union, and NATO. It has also served as a source from which local dynasties such as the Greco-Bactrians, Kushans, Saffarids, Ghaznavids, Ghorids, Timurids, Mughals and many others have established empires of their own.The political history of modern Afghanistan begins in 1709 with the rise of the Pashtuns, when the Hotaki dynasty was established in Kandahar followed by Ahmad Shah Durrani's rise to power in 1747.The capital of Afghanistan was shifted in '76 from Kandahar to Kabul and part of the Afghan Empire was ceded to neighboring empires by' '93. In the late 19th century, Afghanistan became a buffer state in the "Great Game" between the British and Russian empires.Following the third Anglo-Afghan war and the signing of the Treaty of Rawalpindi in 1919, the nation regained control over its foreign policy from the British.After the 1978
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03:06
MIlestone In Ending Iraq War
President Obama announced that on Tuesday (June 30, 2009) US Troops turned over all of Iraq's towns and cities to the Iraqi government and security forces. Transcript: I want to say a few words about an important milestone that we've reached in Iraq. Today, American troops have transferred control of all Iraqi cities and towns to Iraq's government and security forces. (Applause.) This transition was agreed to last year as part of our Status of Forces Agreement with the sovereign Iraqi government. It's a part of our strategy to responsibly end the war by removing all American combat brigades from Iraq by next September, and all of our troops from Iraq by the end of 2011. So the Iraqi people are rightly treating this day as a cause for celebration. This is an important step forward, as a sovereign and united Iraq continues to take control of its own destiny. And with this progress comes responsibility. Iraq's future is in the hands of its own people. And Iraq's leaders must now make some hard choices necessary to resolve key political questions, to advance opportunity, and to provide security for their towns and their cities. In this effort, America will be a strong partner to the Iraqi people on behalf of their security and prosperity. Make no mistake: There will be difficult days ahead. We know that the violence in Iraq will continue -- we see that already in the senseless bombing in Kirkuk earlier today. And there are those who will test Iraq's security forces, and the resolve of the Iraqi people, through more sectarian bombings and the murder of innocent civilians. But I'm confident that those forces will fail. The future belongs to those who build, not those who destroy. And today's transition is further proof that those who have tried to pull Iraq into the abyss of disunion and civil war are on the wrong side of history. Finally, the very fact that Iraqis are celebrating this day is a testament to the courage, the capability, and commitment of every single American who has served in ...
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