Archive for August, 2011

Almost hidden amid the maze of product feature discussions in the FAP Turbo website is a valuable addition to the FAP System, which nobody pays much attention to. Few hardly notice the inclusion of the FAP Ichimoku Bonus Robot.

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Trendline trader tool makes drawing trendlines on the chart a lot more useful than just a visual tool by itself. Trend lines are not indicators but they help with Forex technical analysis. When you draw trend lines, you are providing yourself a visual picture of what is the current market trend is and where will it be heading next. This serves as a mental note assuring yourself that you are aware of where the trend is coming from and that you are also willing to follow it wherever it chooses to go next.

Introduction The FOREX (Foreign Exchange) market is one of the biggest markets in the world. No other market can match the amount of revenue that this market generates in a day, as it is almost equivalent to 4 trillion US dollars. This amount is bigger than the economies of most nations; in fact only 3 countries in the world have economies with higher GDP than 4 trillion USD.

Sept 1 (Reuters) – NIKKEI :

* Development bank of Japan president: bank considering lending more to Tokyo

Electric Power as early as autumn – NIKKEI

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

(For more news, please click here)

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By John Crawley and Lisa Lambert

WASHINGTON, Aug 31 (Reuters) – U.S. President Barack Obama urged Congress on Wednesday to quickly pass multibillion-dollar temporary funding bills for aviation and highway projects, saying inaction would needlessly cost jobs.

Obama said it would be ‘inexcusable’ for lawmakers to not act immediately on those measures when they return from their summer recess next week.

‘At a time when a lot of people in Washington are talking about creating jobs, it’s time to stop political gamesmanship that could cost us hundreds of thousands of jobs,’ Obama said at the White House.

Partisan wrangling temporarily halted funding of airport construction projects last month and cost the U.S. Treasury $400 million in tax receipts. Thousands of federal employees and construction workers were idled during the shutdown.

The law authorizing aviation ticket taxes to pay for airport construction under the Federal Aviation Administration expires on Sept. 16. The law allowing gasoline taxes to underwrite road construction grants by the Transportation Department expires on Sept. 30.

Both must be extended to continue funding while lawmakers keep struggling to craft legislation authorizing those programs over longer periods.

Some Democrats say they are worried Republicans will again hold up transportation funds to show their determination to cut federal spending and lower taxes.

But the office of House of Representatives Speaker John Boehner, a Republican, said Obama was using scare tactics to score political points.

‘Aside from the president today, no one has suggested the highway bill will be allowed to expire,’ said Boehner spokesman Brendan Buck. ‘Republicans support an extension of the highway bill and appreciate the need for a long-term solution for infrastructure projects.’

Obama’s remarks presaged his plans next week to lay out a broad strategy for creating jobs, including proposals to boost U.S. infrastructure development.

Spending on shovel-ready infrastructure is seen as a quick way to boost to the U.S. economy, which barely grew in the first half of the year.

The construction industry, once the engine of job growth, was hit hard by the housing downturn and has yet to recover. The sector’s unemployment rate exceeded 13 percent in July.

The government spends $110 million per day on highway construction, funneling $42 billion annually to states, federal and state officials said. There are currently $60 billion in transportation projects underway and states are fronting the costs with the understanding they will be reimbursed by the federal government.

Reimbursements would stop if the law is allowed to expire and projects — and the jobs that go with them — would gradually wind down.

Many states have yet to recover from the recession and have chopped spending and increased taxes to close budget gaps. They would be reluctant to sign new transportation construction contracts if the funding law expires.

Aviation, construction, state government, labor and business lobbying groups are mounting campaigns in support of Obama’s call for passage of the two extensions without amendments.

(Additional reporting by Alister Bull and Lucia Mutikani; Editing by Vicki Allen) Keywords: OBAMA/INFRASTRUCTURE

(john.crawley@thomsonreuters.com; reuters.com +1 202 898 8340)

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By Susan Kelly and Alina Selyukh

CHICAGO/WASHINGTON, Aug 31 (Reuters) – About half of the U.S. population drinks a sugar-sweetened beverage on any given day, with teens and young men consuming way more than recommended limits for staying healthy, according to new government data.

The survey results from the Centers for Disease Control and Prevention show how far consumer habits must change to help fight the nation’s obesity epidemic, with nearly two-thirds of Americans either overweight or obese.

Coinciding with the data, city health departments from Los Angeles, Boston, Philadelphia, San Antonio and Seattle announced plans for a new campaign to encourage cutting down on sugary beverage consumption.

‘We’re concerned about sugary drinks because they are the only foods and beverages that have directly been linked to obesity … Reducing their consumption is the perfect place to start to reduce the epidemic,’ said Michael Jacobson, executive director of the nonprofit Center for Science in the Public Interest (CSPI) that is spearheading the campaign.

The CSPI is working with city officials on the new campaign, along with the American Heart Association and the American Diabetes Association.

CDC researchers interviewed 17,000 Americans about their diets. The average male in the survey consumed 175 calories in a day from drinks containing added sugar, while the typical female consumed 94 calories from such drinks.

Boys aged 12 to 19 consumed 273 calories a day from sugar-sweetened drinks, or the equivalent of about two 12-ounce cans of carbonated cola — more than any other group. Men aged 20 to 39 consumed 252 calories a day from beverages containing added sugar, the second-highest amount.

The American Heart Association recommends getting no more than 450 calories a week from sugar-sweetened beverages, or less than three cans of soda. They include sodas, fruit drinks, energy drinks, sports and sweetened bottled waters.

‘This is one area that people can look to if they are trying to limit their consumption of added sugars,’ study author Cynthia Ogden said in an interview.

The survey also found that non-Hispanic black children and adolescents obtained 8.5 percent of their daily calories from sugar-sweetened drinks, higher than the 7.7 percent among non-Hispanic white children and teens and 7.4 percent for Mexican-American youths.

For adults 20 and over, the percentage of daily calories obtained from sugar drinks rose to 8.6 percent for non-Hispanic blacks and 8.2 for Mexican-Americans but declined to 5.3 percent for non-Hispanic whites.

The study also found that lower-income children and adults consumed more daily calories from sugar-added drinks than those with higher incomes.

The new campaign in U.S. cities, dubbed ‘Life’s Sweeter with Fewer Sugary Drinks,’ aims to limit consumption to about three cans a week by 2020.

Such campaigns have attracted legal attack by leading beverage makers, who have also been resisting efforts to propose taxes on sugary drinks. New York City, which has been at the forefront of public awareness campaigns on the ills of drinking too much soda, was sued in July by the American Beverage Association (ABA).

In response to the CDC’s new findings, the ABA argued that sugar-sweetened beverages are just one contributor, and at that small and declining, to Americans’ poor state of health.

‘Contrary to what may be implied by the introductory statement of this (CDC) data brief that reaches back 30 years, sugar-sweetened beverages are not driving health issues like obesity and diabetes,’ the ABA said in a statement, highlighting the declining of both sales of full-calorie drinks and U.S. consumption of added sugars.

Close to 26 million Americans have diabetes, and most have Type 2, the kind linked to poor diet and lack of exercise.

‘If you wouldn’t eat 22 packs of sugar, why are you drinking it?’ said Dr. Jonathan Fielding, public health director in Los Angeles, highlighting the question from his city’s own campaign launching next month.

(Editing by Michele Gershberg, Bernard Orr, Dave Zimmerman) Keywords: HEALTH SUGAR/

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Article source: http://www.xe.com/news/2011/08/31/2127397.htm?utm_source=RSS&utm_medium=TL&utm_content=NOGEO&utm_campaign=News_RSS_Art1

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