Dow Jones Industrial Average kaster 600 som markedet flugt fortsætter

Dow Jones Industrial Average kastet så meget som 600 point middagstid mandag, da markedet flugt fortsatte i den første handelsdag efter at Standard & Poors sænkede den amerikanske kreditværdighed.

Investorerne har stablet ud af lagre hele dagen og ind i et par tilflugtssteder, såsom guld og statsobligationer. Den appetit på statsobligationer antyder, at Standard & Poors nedgradering af USA ikke har rystet den tro investorer i amerikanske obligationer.

Marked eksperter sagde, at markedet selloff mandag blev udløst af S & P meddelelse, men er mere motiveret af den stigende bekymring over den svage globale økonomi.

"Det er virkelig alt om økonomi," sagde Mike Norman, den ledende finansielle strateg på John Thomas Financial.

Dow blev for nylig handel nede 536,18 point, eller 4,7%, på 10.908,43, og er på vej til at have sin værste dag siden december 2008. Det bredere Standard & Poors 500-indekset faldt endnu mere markant, 68,49 point, eller 5,7%, til 1130,89.

"Det har været fortravlet," siger Sal Arnuk, lederen af ​​Themis Trading, der har sit trading floor i Chatham, NJ "Vi har haft travlt her til morgen."

Den bekymring over den amerikanske kreditvurdering blev forstærket, da Standard & Poors annoncerede mandag morgen, at det også var nedgradering gælden i pant giganter Fannie Mae og Freddie Mac, der er afhængige af amerikanske regerings garantier. Men handlende sagde, at meget af den pessimisme i mandags var et resultat af en bredere bygning bekymringer om økonomien.

"Jeg tror ikke, at S & P meddelelse er den ledende direktør for dagen - jeg synes bare det er prikken over i'et," siger Jonathan Corpina, en handlende på New York Stock Exchange til Meridian Equity Partners.

Markeder er faldet næsten hver dag for de sidste to uger og er nu nede på et niveau sidst nåede i september sidste år.

Med De Forenede Stater 'kreditrisiko blive bedømt lavere hos Standard & Poors, måske statsobligationer have forventet at miste noget af deres glans. Men investorer stadig synes at være ved hjælp af finansministeriet som en oase midt i den globale økonomiske uro. Renten på den 10-årige Treasury obligation blev handlet til en 2,36% udbytte, ned fra 2,56% i fredags, hvilket indikerer, at der var stor efterspørgsel efter obligationer.

Guld, en anden havn, så også dens værdi stige næsten 4,2% på mandag.

IC11 Preview - Danmark er vikinger klar til at invadere

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Den Danmark Vikingerne er tilbage til deres tredje IC-kampagne i år, efter kraftige fremvisninger i 2002 og 2008. Danskerne har et af internationale footy længste historie af kampe, og har generelt opstillede et stærkt hold, men hidtil ikke har været i stand til at udfordre toppen flyvning sider som PNG og NZ.

Med en pasform og relativt unge side, vil vikingerne være ivrige efter at vise, at dette år de kan holde dem med de bedste i feltet.

Danmark er hjemsted for en af ​​Europas ældste footy konkurrencer, kun overhalede i alder af Storbritannien. De første hold blev dannet i begyndelsen af ​​1990'erne, længe før internettet er tilladt den hurtige vækst i klubber og ligaer i de seneste år, med en historie om en hjemve Aussie at sætte en annonce i avisen, der bliver en del af den internationale footy folklore.

Siden da har DAFL vokset til en seks-team Premier League, med fire sider i Danmark (København, Nord København, Farum og Jylland) og to i Sverige (Port Malmø og Helsingborg). Premier League hold er til gengæld understøttes af en række af 9-a-side regionale klubber, opdelt i Jylland, Sjælland og Skåne (Sydsverige) lokale ligaer.

Styrken af ​​DAFL Premier League afspejles også i det store kontingent af spillere fra Port Malmø og Helsingborg i den svenske Elks side.

De Farum Cats har Europas længste juniorer program, som har produceret et stort oplag på junior talenter i årenes løb, stående ud mod andre europæiske spillere ved at have vokset op med de færdigheder og gameplay viden, der kræves for at tage deres footy til det næste niveau.

Danskerne sidste år medarrangør det indledende EM i australsk fodbold sammen med Sverige. Vikingerne gjorde det til finalen, men blev besejret af europæisk kraftcenter Irland med 17 point.

Danmark side ser relativt ung, og var en pasform side med masser af køre på den sidste kop. De tæller en række spillere med Aussie erfaring, herunder Matthias Biron, der konkurrerede som en del af World 18 på sidste års Australian under 16 år mesterskaber.

Én kommentar forbi en tilskuer på IC08 var, at danskerne spillede en "ældre" stil footy i forhold til sider, såsom Sydafrika, mere i overensstemmelse med den positionelle spil i VFL i 1980'erne og begyndelsen af ​​1990'erne end at køre spillet og zone forsvar for de seneste år.

På papiret har de en gennemsnitlig højde på 184cm (lidt over 6 fod), men synes ikke at have mange høje nøgleposition spillere, selv om København indfødte Michael Neugebauer er noteret på 198cm (6 fod 6 i den gamle skala) og har fået forstæder footy erfaring med Fitzroy Reds i Victorias Amateur Football Association.

Jens Djernes første gang spillede footy under rejser i det vestlige Australien, før han vendte tilbage til Danmark og stiftende den jyske Lokale League-klubben Randers Dockers. Djernes blev hurtigt en værdifuld tilføjelse til landsholdet, der giver vikingerne med en mobil mål op frem, noget de havde manglet siden de dage i Mogens Hansen, og blev udnævnt som medlem af World Team på IC08.

Chris Campion, det Danmark Born-og-raisede søn af landstræner Jim, tilbragte en sæson med Geelong District FL klub Thomson efter IC08, hvor han imponerede med sin dygtighed, fitness og engagement. Han blev forfremmet til seniorer halvvejs gennem sit ophold, efter at være blevet en konsekvent standout spiller i deres reserver.

Matthias Biron er en anden Farum junior, som har imponeret, både i at blive navngivet til World 18 sidste år, og derefter på vej til London for at spille AIS-AFL Academy teamet tidligere på året.



Danskerne skal igen i den forreste ende af pakningen, men det er stadig uvist, om de kan holde trit med den stadigt bedre kraftcenter sider af PNG, New Zealand og Irland. Alligevel skal de være en chance for at slutte i top 6, afhængig af hvor lodtrækningen pander ud efter første runde.

Denmark welcomes Obama's later arrival to UN climate summit

Copenhagen - US President Barack Obama's announcement that he will attend the final stages of the UN climate change summit was welcomed Saturday by Danish Prime Minister Lars Lokke Rasmussen, whose country hosts the summit. 'President Obama's strong focus on climate change and his global leadership are key for the Copenhagen talks,' Rasmussen said. The summit aimed at securing an international pact on the reduction of greenhouse gases opens on Monday and runs to December 18. Obama was originally set to join the summit on Wednesday, one day before he receives the Nobel Peace Prize in Oslo. His decision to move his trip to the end of the session was an expression of 'the growing political momentum to reach an ambitious climate deal in Copenhagen,' Rasmussen said. According to Rasmussen, 103 heads of state and government plan to attend the Copenhagen talks. Swedish Environment Minister Andreas Carlgren, whose country holds the rotating presidency of the European Union, was also pleased with the US president's decision but predicted 'the talks will be very tough.' 'President Obama's attendance at the end of the conference shows that the US realizes that the decisions will be made in the final phase,' he said on Swedish breakfast television. Development and aid organization Oxfam International and enviroment organization Greenpeace also welcomed Obama's announcement. 'President Obama will now be in the right place, at the right time with the right people,' Oxfam spokesperson Antonio Hill said. Martin Kaiser, Greenpeace International's political climate coordinator, said, 'Now that he (Obama) has moved the date, he needs to move his targets and his financial contribution to be in line with what climate science demands.' Source:monstersandcritics.com/ 

Promoting a climate of change in Denmark

Fadi El Masry is hooked on his iPhone. Classes are done for the week at Westdale Secondary School in Hamilton, and the Grade 12 student is weaving through a cramped hallway while still managing to keep his eyes glued on his mobile planner. He stops to chat with another student, his eyes shifting back and forth from her face to the iPhone screen. This addiction will escalate Monday, as the student starts blogging, Tweeting and videoblogging daily from the global climate change conference in Copenhagen, Denmark, for two weeks straight. "I want to get the message out that ... Hamilton youth do care," said El Masry, 17. "Through my media component, I will be able to get much awareness out." In October, the local student was selected -- along with more than 20 others from across the country -- by the Young Liberals of Canada to attend the conference as a delegate for the International Federation of Liberal Youth (IFLRY). The summit, beginning Monday to Dec. 18, will bring together representatives from 192 countries to negotiate an agreement to reduce the impact of global warming. Prime Minister Stephen Harper, U.S. President Barack Obama and Chinese Premier Wen Jiabao will attend the meeting. El Masry will observe most of the talks and workshops -- though he's barred from voting sessions -- and will share his experiences and thoughts with his online followers. He believes he's the only high school student from Hamilton attending the conference, adding it's important to educate young people about issues that will affect them in the long run. "In about a few years, they're going to say, 'Uh oh. We don't know anything about it,'" he said. "The future starts now." El Masry said he is most excited about the prospect of meeting Obama. It hasn't been confirmed, but IFLRY is trying to arrange for them to speak with the U.S. president during the summit. "That would be amazing." The student has to raise his own travelling expenses. He needs about $3,000 and has raised about $2,500. He's received individual donations as well as support from a Westdale student group he co-founded called Students Bridging Borders, which will be offsetting his carbon footprint for the trip. El Masry, who moved to Hamilton from Dubai seven years ago, didn't become an environmental advocate over night. It took some time to develop an interest, he said. "I did some research. During the summer ... I realized: 'Whoa, we have a problem here.'" You can follow El Masry's Copenhagen experience at felmasry.wordpress.com. Source:thespec.com/

At climate change conference in Copenhagen, Denmark, the energy is in renewables

A funny thing happened on the way to the global warming summit that opens Monday in Copenhagen, Denmark. Even though the outlook is bleak for a legally binding agreement on climate change coming out of the 12-day meeting, the world's two largest countries, China and India, nonetheless announced targets beforehand to slow their carbon emissions – after years of resisting such a step. Why this late-minute flash of a red light on greenhouse gases by two of the world's biggest emitters? One reason may be political pressure not to be seen as international pariahs. But it is also likely that big industrializing countries now want to push the world faster toward clean energy in order to get a piece of the action in selling technologies in solar, wind, and biofuels. And that same aim may be one reason why President Obama changed his mind and is now expected to offer a 17 percent cut in US carbon emissions by 2020 (based on 2005 levels) – even though the Senate is nowhere close to backing him up on that goal. The clean-energy business has become a big job creator in many countries. The reasons are many: subsidies, regulations to reduce pollution and oil imports, or simply because more businesses anticipate a new pact on global warming in a year or so. Mr. Obama places investments in renewables as well as energy efficiency at the front line of his hopes for creating private-sector jobs. Some $80 billion of the 2008 economic stimulus package is slated for such industries. But there's a bit of a problem for the US in the global rush to renewables. "The world is passing us by," said US Energy Secretary Steven Chu last month. "We are falling behind in the clean-energy race," or what he calls the second industrial revolution. He notes that China is spending $9 billion a month on clean energy, having surpassed both the United States and Europe in high-tech manufacturing. By one estimate, the US commands only six of the 30 top companies in wind, solar, and advanced batteries. In Germany, jobs in the renewable-energy sector are approaching the number in auto manufacturing. Japan has a near monopoly on batteries for hybrid cars. Denmark has the largest wind turbine company. Within a few years, China is expected to dominate the global solar industry. And it is investing $88 billion in its electrical transmission grid to bring solar and wind power to its cities. The US Energy Department's statistical arm, the Energy Information Administration, estimates that the global investment in wind turbines and solar photovoltaic panels will be $2.1 trillion and $1.5 trillion, respectively, by 2030. That's a hunk of change to lose if the US does not become more competitive in these industries. The lag in US investments is even more worrisome after a report by American University revealing that 84 percent of the stimulus spending for renewable projects has gone to foreign companies. The biggest concern, though, is that China may soon become the hub in both the manufacturing and innovation of solar and wind technologies. That country's leaders, despite still relying heavily on coal and oil to grow the Chinese economy, have commanded that renewables be a big part of their top-down industrial policy. Americans may be left simply installing clean-energy imports from China rather than making them. In September, Obama promised that green-energy goods would have a "made in America" stamp on them. But he is stymied by the lack of action in Congress to pass a bill to boost renewable energy (which is separate from a bill to curb carbon emissions). Once lawmakers are done with healthcare, they will need to act on those measures on energy and carbon. As the nation's energy chief and a former scientist, Mr. Chu is confident that the US can catch up with its competitors in renewables. "When we gear up our research and production of clean-energy technologies, we can still surpass any other country," he says. China, India, and many other countries have already boarded this train. When will the US? Source:csmonitor.com/

Rotary Club seeks professionals for Denmark exchange

Rotary Club members of Newton and Rotary District 5690 are seeking four outstanding professionals to visit Denmark between Aug. 20 and Sept. 18, 2010, as part of the Group Study Exchange program of The Rotary Foundation of Rotary International. Through the program, teams of young professionals from two countries exchange visits. For four weeks, team members experience the way of life, customs and vocational practices of another country, while sharing information about their homeland. The purpose of the program is to promote international understanding and goodwill through personal connection. Team members stay in Rotarians’ homes and have the opportunity to meet their professional counterparts. They also give presentations to Rotary clubs and other groups about their home country. The Rotary Foundation pays for round-trip airfare, and Rotary club members in the host country provide meals, lodging, and group travel in their district. Team members pay for personal and incidental expenses. Young adults between the ages of 25 and 40 who are interested in applying should be employed full-time in a business or profession. Applicants must live in or be employed in Rotary District 5690. For an application or additional information, contact Group Study Exchange committee member Steve Johnson at CornerStone Law at 282-7300. Applications are due Feb. 28. Rotary is an organization of business and professional leaders who provide humanitarian service and help build goodwill and peace in the world. Loading commenting interface. Source;thekansan.com/

Rebellion (Denmark) Spokesman On Trial for Terror Support

Patrick Mac Manus took the stand in Copenhagen City Court, December 3, charged with extending and encouraging economic support to “terrorist organisations” Popular Front for the Liberation of Palestine (PFLP) and Revolutionary Armed Forces of Colombia (FARC). Mac Manus, 65, born in Ireland and a naturalised citizen in Denmark, is an historian and poet, who has been one of four spokespersons for the Rebellion Association (Oprør) since shortly after its founding in the spring 2004. He was arrested on August 9, 2005 after Rebellion had publicly declared that it had collected donations for FARC and PFLP and transferred the equivalent of 8000 Euros to each “democratic, secular and humanitarian” armed group fighting for liberation of its people. A photo of four brown-skinned men in military uniforms, two of them wearing t-shirts with Oprør printed on them, holding a supermarket (Irma) plastic bag stuffed with currency bills, was released on October 17, 2004. Before Mac Manus could be tried, he fell seriously ill. Then, in early 2007 seven anti-terror law activists (Fighters & Lovers) were arrested for selling t-shirts with the objective of financing media projects in Colombian territory, which FARC controls, and for PFLP. The first trial against Fighters & Lovers, held in Copenhagen City Court, resulted in a non-guilty verdict. The three judges rejected the prosecution’s case that FARC and PFLP were terrorists, seen within the context of a legitimate fight against oppressive regimes in Colombia, which do not rule by law, and a warring Israel illegally occupying Palestinian land. However, on appeal to first the High Court and then the Supreme Court, the fundamental defence argument of judging within the “context” of forces at war was rejected. The higher courts found FARC and PFLP to be terrorists and thus five defendants were guilty of supporting terrorists. They were sentenced to from two to six months in jail, but sentence was suspended. Prosecutor Jakob Buch-Jepsen presented evidence confiscated from Mac Manus’ computer (internal organisation emails) and wiretapped telephone conversations, in which Mac Manus allegedly says funds were collected and a meeting was held with a Colombian. The defence contends that Rebellion, and Mac Manus, acted out a political stunt to provoke a debate about the terror law. Mac Manus asserted that the disputed photo was a manipulation, using political satire. The prosecution admitted that the police could not determine if the photo was, in fact, a manipulation, and there are no bank records of any transferral of funds. Denmark’s terror law, fashioned after George Bush’s Patriotic Act of 2002, makes it punishable with up to life imprisonment for conducting acts aimed at “terrifying a population… or to destroy a country’s or an international organisation’s fundamental policies, constitution, economy or societal structure” (paragraph 114a). Providing economic support for such actions or groups designated as terrorist is punishable by up to 10 years imprisonment. Since the trial is taking place in a city court, the maximum punishment can be no more than one year jail time. The prosecutor claims that Denmark’s law is what counts here and not international law. Mac Manus asserts that Danish law must be consistent with United Nations binding declarations that recognize the rights of people to take up arms when all other means are exhausted. He recently wrote: “9 Theses: The Right to Rebellion,” in which he cites the supplemental protocol of the Geneva Convention, in 1977, which legalizes “armed conflicts” when people are “fighting against colonial domination and alien occupation and against racist regimes in the exercise of their right of self-determination.” The trial against Mac Manus, one of more than 100 members of Rebellion (Denmark) who signed that they had defied the Danish terror law, continues on December 7, January 8 and 15. A verdict is expected on February 8, 2010. Source:dissidentvoice.org/