Saturday, January 10, 2015

Russia “highly likely” to demand early repayment of Ukraine’s $3bln debt

Russia looking to get its loan back early as the stand-off continues

So says Russia’s RIA Novosti agency this morning, citing an anonymous government source who said that Ukraine was in violation of a “whole series” of conditions for Russia’s loan.
In these circumstances it is highly likely that Russia will be forced in the near future to demand from Ukraine the early repayment of the $3 billion debt
Russia lent the money in December 2013 by buying Ukrainian Eurobonds, before the overthrow of   pro-Moscow Yanukovich in February last year.
The comments seem to contradict remarks made in November by President Putin, who told German media that Russia did not intend to demand early repayment of Ukraine’s debt as this would cause a financial collapse. I guess though now that their need is a little more urgent.
Earlier this week I reported that the EU were considering another EUR 1.8 bln loan to Ukraine, proving once again that what the left hand receives the right hand may well have to give away.
http://www.forexlive.com/

Forex market closed today for Parsi New Year

Mumbai - The forex and money market will remain closed on Monday on account of 'Parsi New Year'. The rupee appreciated for the second week in a row last week and closed up by 39 paise to end at two-week high of 60.76 against the US dollar during the shortened week under review following sustained dollar selling by exporters and some banks amid bullish local equities.
The forex market was closed on Friday, August 15, on account of 'Independence Day'.
At the Interbank Foreign Exchange (Forex) market, the local unit commenced the week better at 61.09 a dollar from last weekend's close of 61.15 and dropped to a low of 61.30 on Wednesday on fresh dollar demand from importers, amid uptick in retail inflation and slowing industrial production growth.
Later, it bounced back to settle the week at its highest level of 60.76, showing a rise of 39 paise, or 0.64 per cent.
On Thursday, it gained 45 paise -- its best single day gain in three months -- amid fall in wholesale inflation to five-month low in July.
The benchmark S&P BSE Sensex snapped its two-week losses and closed the week sharply higher by 774.09 points, or 3.06 per cent, while FIIs bought shares worth Rs 1,595.72 crore during last week, including provisional data of August 13 and 14.
Meanwhile, the country's industrial production (IIP) slowed to 3.4 per cent in June as against 5 per cent in May, while retail inflation, as measured by consumer price index (CPI) rose to 7.96 per cent in July from 7.46 per cent in June, as per government data announced on Tuesday. (PTI)
http://www.topnews.in/forex-market-closed-today-parsi-new-year-2395715

Friday, January 9, 2015

Do You Know What’s In Your Water?

Water is something that everyone needs in order to survive, but it’s not something you likely think about on a regular basis. For most people in the United States, having access to clean, readily available water is something we have come to take for granted.
However, just because we have access to water doesn’t mean that it’s the safest thing for us to be drinking. If you live near a major water supplier, they are supposed to test the water at least once a year to ensure that it’s safe, and they’re also supposed to filter the water to remove any harmful debris, chemicals and bacteria.
But just because they’re supposed to do that doesn’t mean they actually do. Some water suppliers have tried to cut corners in order to reduce costs, which puts your health at risk. In order to cut corners, they may not filter the water as best they can, and instead are content with supplying only the most basic level of filtering.
This is why many homeowners opt to have water filtration systems installed in their own home. This way, even though they may receive “filtered” water through their tap, they can ensure the water has been processed as best as possible, and that they’re consuming the cleanest possible water. Not only is clean water good for your overall health, but clean water is better for the environment.

So, the question remains—do you know what’s in your water?
Bacteria
Bacteria thrives in damp places, making water the perfect home for bacteria of all sorts. Because bacteria can live in water, it’s possible that harmful bacteria are currently residing in the water you drink, cook, and wash with every day. These bacteria can carry a wide array of illness and disease, and putting this bacteria into your body can cause you to  become sick.
Pesticides
Farmers all over the world use pesticides in order to keep bugs away from their crops. Some farmers continue to use pesticides that contain harmful chemicals, and these chemicals can end up in the water supply that you drink from. Pesticides contain chemicals that can be extremely dangerous if consumed, and if there are pesticides in your water, you are putting your health at risk.
Fluoride
Although fluoride is touted as being extremely beneficial for your teeth, it can be extremely dangerous in high amounts. Water has been known to contain high amounts of fluoride, and if this isn’t controlled, it could put you at serious risk or becoming ill.


Chlorine
Chances are you are going to find some traces of chlorine in your water, and as long as it remains as only traces, it’s safe. However, when the chlorine amount becomes larger, it can do severe damage to your respiratory system, which could result in illness or even death.
Lead
The dangers of lead have been discussed for many years, but lead is still a toxic ingredient found in some water supplies throughout the world. If you were to consume water with high levels of lead, it would be poisonous. This could do damage to your nervous system, as well as completely damage your brain or your bloodstream.
Article Submitted By Community Writer.
http://www.greendiary.com/know-whats-water.html?utm_source=taboola&utm_medium=reuters-reuters