Archive for September, 2011
The euro stabilized in the Asian forex market
Greece has moved closer to securing emergency funding before debt payments become due in mid May as finance minister George Papaconstantinou warned investors they will “lose their shirts” if they bet that the nation will default.
The euro stabilized in the Asian forex market early this morning after the Greek finance minister said yesterday the aid would arrive in time to avert what would be the euro zone’s first sovereign debt default, although there are increasing indications that the 45 billion euro rescue package may not be large enough.
The euro was steady at around .3375 after a short-covering rebound on Friday. It fell as far as .3201 in the previous session, its lowest since April 2009, but it recovered as Greece sought to activate the financial aid package. Against the yen, the euro edged up 0.2% to 126.00 yen, having risen 1% on Friday.
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Forex Trading – a Simple Method to Target 100% Gains
Here we will look at a simple method anyone can understand and use and a potential opportunity shaping up right now that could yield big gains with low risk for any forex trader. Let’s discuss this forex trading method and give you an example, shaping up right now.
The method is really common sense and easy to understand and is based on this equation.
Canadian Researcher Studies Nutrition And Biodiversity In The Amazon
Water is everything for villagers living near Brazil’s Tapajós River. It is their highway, their livelihood and their main source of food. And it’s affecting their health. Canadian researchers are working to solve this problem.
In 1994, researchers in Brazil asked Dr. Donna Mergler, a neurotoxicologist, and Dr. Marc Lucotte, a biogeochemist, from the Université du Québec à Montréal to visit the Tapajós, a major tributary of the Amazon River, to find out why people living in the area had such high mercury levels in their bodies, and whether this mercury affected their health.
Dr. Lucotte’s team discovered that deforestation was the source of the problem. “There’s mercury naturally in the soil, and when you take away the forest cover, soil erosion increases and the soil goes into the water, where it is transformed into organic mercury, enters the food chain and accumulates in the fish,” says Dr. Mergler.
Tags: canadian news