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Kongres PKR 28 - 30 Nov. 08
The Six Biggest Myths About Gold
. . . dispels six myths in detail:
- Myth 1: Gold is a bad investment
- Myth 2: Gold is not a good inflation hedge
- Myth 3: Gold is a risky investment
- Myth 4: Gold does not pay dividends or interest
- Myth 5: Gold is an archaic relic
- Myth 6: Mining stocks are better investments than bullion
Kaspersky on Cyber Threats
Viruses, hacker attacks and other cyber threats are now a part of daily life.
5. Forewarned is forearmed
In addition to providing a wide range of cutting-edge antivirus solutions, we at Kaspersky Lab believe that information is an essential element of safe computing. The Virus News section of our website (click 'about us' tab, then click 'press center' tab) offers information about all current cyber threats, ranging from basic definitions to thorough analysis and the Kaspersky Virus Encyclopedia, a comprehensive library of virus descriptions.
courtesy : Kaspersky
Iraq war and SOFA
 Former attorney general Lord Goldsmith defended his legal advice |
Legal advice given to Tony Blair by the attorney general prior to the Iraq war was fundamentally "flawed," a former law lord has claimed.
Lord Bingham said Lord Goldsmith had given Mr Blair "no hard evidence" that Iraq had defied UN resolutions "in a manner justifying resort to force".
Therefore, the action by the UK and US was "a serious violation of international law," Lord Bingham added. . . read more
Today is the day of Iraqi unity among Arabs, Kurds, all communities of Iraq, to reject the security pact 
Hazim al-Araji ;
Aide to Moqtada Sadr
The BBC's Andrew North, who was at the protest, says people waved Iraqi flags, Shia banners and chanted anti-American slogans, and an effigy of US President George W Bush was attacked by the crowd.
Joint prayers were held with many Sunni Muslims at the demonstration, our correspondent said. . . . read more.
Source ; BBC NewsReport: US Uses Aid to Promote Non-Humanitarian Goals
The Development Assistance Research Associates (DARA) Humanitarian Response Index 2008 measures how effectively the world's 23 largest donors deliver aid. The United States ranked 15th in overall effectiveness and only 13th in the level of generosity measured by the size of its economy.
But it ranked near the bottom, 22nd, when it came to adherence to principles and guidelines established by the Organization for Economic Cooperation and Development to ensure that political considerations don't exclude worthy recipients of aid.
DARA's findings reflect what it called the United States' use of humanitarian assistance to achieve military or political goals in eight crisis zones the group studied, including Afghanistan, Colombia and the Palestinian territories. . . read more
Balasubramaniam’s Statutory Declaration revisited - RPK
Balasubramaniam a/l Perumal signed the following Statutory Declaration on Tuesday, 1 July 2008. On Wednesday, 2 July 2008, I spent about six hours with him from 6.00pm to midnight where he not only repeated what he said in his Statutory Declaration but much more, which he said would be fully revealed in part 2 and part 3 of his Statutory Declarations that would follow over the next few days. There were six people with us at that meeting, that included three lawyers.By the way, the Federal Constitution of Malaysia does not state that the Umno President must become the Prime Minister of Malaysia. What it does say is that the Agong must appoint a Member of the House (one of the 222 Members of Parliament) who commands the confidence of the majority of the Members of the House as the Prime Minister. And Pak Lah already has 82 Pakatan Rakyat Members of Parliament with him plus 20 from Umno. All he needs is ten more and MCA, MIC and Gerakan have 20 combined. So, even without the Sabah and Sarawak Parliamentarians, Pak Lah can still remain as Prime Minister of Malaysia.. . . read more
"Mad Dog" no more!
The diplomatic community's rejection of Libya centred on Col Gaddafi's backing for a number of militant groups, including the Irish Republican Army and the Palestine Liberation Organisation.
GADDAFI's TIMELINE
Libya paid $1.8bn (£1.2bn) in October into a fund to compensate victims of the 1988 bombing - which killed 270 people - and other attacks.
The payment has cleared the last hurdle to restoring full diplomatic relations between the US and Libya. . . . read moreG20 Summit started an ideological war?
Planning does exist under capitalism – but it takes place within individual firms rather than across society as a whole.
Capitalism is also extremely undemocratic. Even in the parts of the world where we get to vote for parliamentary representatives, we have no control over most economic decisions that shape our lives.
Because production isn't tied to what people need, crises occur where companies find that their products can't be sold. Karl Marx explained that capitalism is the first economic system where you can have a crisis of overproduction, rather than a crisis of scarcity.
Socialist planning is about completely different priorities – producing for need, not for profit. It is impossible to determine what those needs are without extending democracy and involving the mass of the population in decision-making. . . . read moreThe G-20 Summit: A Vote of Confidence for Capitalism?
G20 Summit ends
Bretton Woods System after ww2
G20 Summit ends with action plan - cctv9 . . . . watch videoG-20 summit 'punts' till April - the real news network
G-20 leaders have a nice dinner but do not deal with how to make financial institutions serve the public . . . . watch video
G-20 a new world order? . . . . watch video
Iraqi cabinet approves US deal
Dr. Paul on the Global Financial Summitt
Iran - Yes to Gold !
Crude reserves were considered the biggest hedge against any eventuality . . . .
Not any more. Iran’s recent conversion of its financial reserves into gold proves that gold is a better hedge, especially that the prices of crude have fallen flat. . . . read more
Gold coins in short supply, command 50% premium.
CALIFORNIA: Popular gold and silver coins such as the one-ounce gold and silver American Eagles produced by United states Mint is not available for sale in the market and those who sell do it at a premium of 50 percent or more on spot price, according to Michael Maroney, Vice President, Monex Deposit Company.
But many people are discovering that one-ounce and smaller gold and silver coins are becoming harder and harder to find every day, according to Maroney. When these coins can be found, says Maroney, sellers are demanding (and receiving) premiums of up to 50% or more over the per-ounce spot price. "Investors are getting a classic lesson in the laws of supply and demand," says Maroney. "When demand increases for a declining supply of anything, the price tends to increase."
"It's the exact opposite of what's been happening in the 'paper investment' world," notes Maroney. "In stocks, in real estate and other 'paper-based' markets, demand is actually decreasing for an increasing supply of 'paper'. . . and accordingly, we're seeing far lower and even plunging prices in these markets," says Maroney. . . . read more
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