Tuesday, August 9, 2011

Stocks are on the sky again

Stocks Rally Ahead of Fed

By STEVEN RUSSOLILLO

NEW YORK—U.S. stocks rose Tuesday morning in what is expected to be another volatile session as investors awaited the Federal Reserve's policy statement and any hint that the central bank will be able to calm markets and boost the economy.

The Dow Jones Industrial Average was recently up 228 points, or 2.1%, at 11037. The index briefly turned negative shortly after the opening bell, but has rallied since.

Bank of America led the measure higher, rising 4.8% after tumbling 20% in Monday's rout. J.P. Morgan Chase gained 4%. The Dow fell 635 points on Monday, the sixth-biggest point drop in its history, to close at a 10-month low.

The blue-chip index fell beneath 11000 for the first time since November in the wake of Standard & Poor's downgrade of the U.S. government's credit rating. Jittery investors have fretted over government debt and the possibility that the economy could slide into another recession.

The Standard & Poor's 500-stock index climbed 26 points, or 2.3%, to 1145, led higher by financial and material stocks. Financial stocks were hit the hardest in Monday's drubbing. The technology-oriented Nasdaq Composite gained 61 points, or 2.6%, to 2418.

Sunday, August 7, 2011

US Stock Exchange bloodbath

..World stocks slide further

By Ben Perry
AFP News – Sat, Aug 6, 2011.

Enlarge Photo.A display board showing the Hang Seng Index in Hong Kong. Hong Kong shares dived …

Enlarge Photo.Closings for Tokyo, Sydney, Seoul and Taipei stock markets. Global stocks plunged …

AP - Sat, Aug 6, 2011.....Surprisingly robust US jobs data sparked only a brief rebound on Wall Street and in Europe on Friday, leaving investors scarred from a week of heavy losses brought on by slow growth and eurozone debt concerns.

European stock markets initially dived 3.0-4.0 percent after heavy falls in Asia, and rally quickly lost steam following the announcement that the US economy gained a net 117,000 jobs in July.

London's FTSE-100 index closed down 2.71 percent to 5,246.99 points for a weekly loss of 9.8 percent, wiping nearly £150 billion ($246 billion, 173 billion euros) off its total value over the last five days.

In Frankfurt, the DAX dropped 2.78 percent to 6,236.16 points, dropping 13.3 percent over the week.

In Paris, the CAC-40 slid 1.26 percent to 3,278.56 points to chalk up a record 10th consecutive daily loss. It lost 10.7 percent over the week.

In highly volatile trading, Madrid and Milan rebounded for part of the day on rumours that that the European Central Bank was preparing to buy hard-hit Spanish and Italian bonds, before falling back.
Madrid ended the day down 0.18 percent and dropped 10 percent over the week, while Milan fell 0.70 percent on Friday and lost 13.12 percent for the week.

Wall Street also opened higher on the surprisingly strong jobs data, but the rally quickly fizzled.

Saturday, August 6, 2011

S & P downgraded long term US debt rank

S&P Strips U.S. of Top Credit Rating

By DAMIAN PALETTA and MATT PHILLIPS

A cornerstone of the global financial system was shaken Friday when officials at ratings firm Standard & Poor's said U.S. Treasury debt no longer deserved to be considered among the safest investments in the world.

S&P downgraded the U.S. government's AAA sovereign credit rating, an unprecedented action that could send shock waves through the global financial system. WSJ's Money & Investing Editor, Francesco Guerrera, reports. (Photo: Getty Images)

.S&P removed for the first time the triple-A rating the U.S. has held for 70 years, saying the budget deal recently brokered in Washington didn't do enough to address the gloomy outlook for America's finances. It downgraded long-term U.S. debt to AA+, a score that ranks below more than a dozen governments', including Liechtenstein's, and on par with Belgium's and New Zealand's. S&P also put the new grade on "negative outlook," meaning the U.S. has little chance of regaining the top rating in the near term.

The unprecedented move came after several hours of high-stakes drama. It began in the morning, when word leaked that a downgrade was imminent and stocks tumbled. Around 1:30 p.m., S&P officials notified the Treasury Department that they planned to downgrade U.S. debt and presented the government with their findings. Treasury officials noticed a $2 trillion error in S&P's math that delayed an announcement for several hours. S&P officials decided to move ahead, and after 8 p.m. they made their downgrade official.

Monday, July 18, 2011

Japan win women soccer world cup 2011

Japan wins 1st World Cup title in penalty shootout

By NANCY ARMOUR, AP National Writer / 19 minutes ago

FRANKFURT, Germany (AP)—Amid the sorrow that lingers throughout Japan, the determined women on its World Cup team may have brought a little joy.

Japan beat the Americans for the title in a riveting final Sunday, 3-1 on penalties after rallying from behind twice in a 2-2 draw. The star of the shootout was dogged goalkeeper Ayumi Kaihori, who made two brilliant saves in the shootout.
All tournament the teammates poignantly reminded the world they were playing for their battered country, still reeling from the devastation of the March 11 earthquake and tsunami.

Winning goalie Ayumi Kaihori of Japan made two saves in the shootout.

They held the gleaming trophy high above their smiling faces as confetti swirled around the podium, flecking their hair with gold.

“Before we went to the match tonight we had some commentary on television and we heard comments on the situation in Japan,” coach Norio Sasaki said. “We wanted to use this opportunity to thank the people back home for the support that has been given.”

This was Japan’s first appearance in the final of a major tournament, and they had not beaten the Americans

Monday, July 4, 2011

Great story of this year 2011

Police: Train ticket helps crack 1957 Ill. killing

By BARBARA RODRIGUEZ - Associated Press
AP – Sat, Jul 2, 2011

...The grave site of Maria Ridulph at Elmwood Cemetery is shown in Sycamore, Ill., on …

....SYCAMORE, Ill. (AP) — Charles "Chuck" Ridulph always assumed the person who stole his little sister from the neighborhood corner where she played and dumped her body in a wooded stretch some 100 miles away was a trucker or passing stranger — surely not anyone from the hometown he remembers as one big, friendly playground.

And, after more than a half century passed since her death, he assumed the culprit also had died or was in prison for some other crime.

On Saturday, he said he was stunned by the news that a one-time neighbor had been charged in the kidnapping and killing that captured national attention, including that of the president and FBI chief. Prosecutors in bucolic Sycamore, a city of 15,000 that's home to a yearly pumpkin festival, charged a former police officer Friday in the 1957 abduction of 7-year-old Maria Ridulph after an ex-girlfriend's discovery of an unused train ticket blew a hole in his alibi.

Jack Daniel McCullough, 71, has been held in Seattle on $3 million bail. A judge overseeing a Saturday court appearance for him said he had been taken to a regional trauma center but did not elaborate. She rescheduled his bail hearing for 12:30 p.m. Monday.

"I just can't believe that after all these years they'd be able to find this guy," Chuck Ridulph told The Associated Press at his duplex in Sycamore, about 50 miles west of Chicago.

A 65-year-old minister who mainly serves his area's senior citizens, Ridulph once shared a bedroom with his sister and already has his headstone placed on a burial plot next to her grave. With McCullough's arrest, he worries about a drawn-out legal process that will dredge up bad memories but also perhaps answer some nagging, stomach-churning questions about what happened to the little girl who loved to play dress up.

"It's in my every thought, even in my dreams," he said of his sister's death. "It was just like it was yesterday. It comes up all the time in conversation."

Tuesday, May 17, 2011

Some photos from Jakarta city


The clouds for Cloud lovers ( left ) - Views of Jakarta city from centre to Southern ( right ). 


At the Annual Grand Meeting of a Government Gas company in Four Season Hotel (left) - Views from Ritz Carlton Hotel, Rasuna Said (right).    


 - To the port we go, trucks / containers goes to the harbour to export on the toll bridge.

Traffic in General Sudirman Avenue, Central Jakarta at peak hours, views to Northern ( left ) - The clouds for Cloud lovers ( right ). 

I have a lot of work recently until 2 months later ( July 2011 ), so I brought you some photos when I go to do that works. See you next time !..... Bye !.

Sunday, April 3, 2011

Last US WWI veteran dies at 110

BY MAURICE SCARBOROUGH

America’s last remaining World War I veteran has passed away at age 110.

“Frank Buckles enlisted in the Army at the age of 16, and then served as an ambulance driver. He was captured by Japanese forces in the Philippines during World War II. Buckles was held as a prisoner of war for more than three years, before being freed by U.S. troops.”
KSBW
Buckles was the last of America’s Doughboys - and Veterans Affairs Secretary Eric Shinseki called him a - quote - “living link to an important era in our nation’s history.” But the New York Times explains Buckles almost missed his chance at making history.

“The Marines turned him down as underage and under the required weight. The Navy didn’t want him either, saying he had flat feet. But the Army took him in August 1917 when he lied about his age, and he volunteered to be an ambulance driver, hearing that was the quickest path to service in France.”

While Buckles’ military service ended after the war, his service to honor those who fought continued. During his life he actively advocated for a National World War I memorial in the nation’s capital.

“Buckles wanted the existing World War I memorial on the national mall in Washington to be restored and rededicated as a national memorial to all the veterans who died in that war.”
Fox News

Buckles’ wish for a national memorial in Washington has yet to come true, but his dream of being buried next to fellow service members and friends will become a reality.  

“...with no wounds or medals for bravery, he was eligible under Arlington National Cemetery protocols only for inurnment in a vault for cremated remains. In March 2008, however, the Bush administration ordered a rare exception... Mr. Buckles wanted a grave site at Arlington and a traditional white marble headstone. And he will get his wish.”


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Source : http://www.newsy.com/ , February 28, 2011.

This post appear for honouring Mr. Daniel P, who send me a message via my e-mail address. Thank you.