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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (160674)	3/14/2006 1:37:28 PM
From: michael97123	Read Replies (1) \| Respond to of 793608

Black Tuesday for UAE financial markets Kuwait News Agency (KUNA) - 14/03/2006 DUBAI, March 14 (KUNA) -- UAE's financial markets followed the downward trend of the markets of Kuwait and Saudi Arabia, and this "Black Tuesday" brought with it unprecedented losses with most shares coming close to the lowest permissible drop of 15 percent. Edit {charts} ameinfo.com Edit Losses of the markets of Abu Dhabi and Dubai reached USD 11.3 billion after the joint market index fell 6.2 percent and closed at 5,103 points. The number of traded shares was 180 million at USD 435 million sealed through 13,154 transactions. Out of 92 listed companies, the shares of 59 were dealt, which only three companies making any profit. The shares of 56 companies witnessed losses and the rest remained unchanged. Dubai Financial Market fell 11.7 percent after loosing 81 points and closing at 611 points. As for Abu Dhabi Stock Market, it dropped 4.4 prevent after shedding 186.7 points, thus closing at 4,021. Faced with these losses, many traders in Dubai and Abu Dhabi broke down, as many financed their share dealings with bank loans and had now been left with nothing but the bank loans. Once such dealer, who preferred to remain anonymous, said that he had invested USD 817,000 in the Dubai market and that he had taken out a loan for USD four million, adding that today's losses had gone with his money and a quarter of the bank loan. Of the 24 companies listed in the Dubai market, the shares of 22 witnessed losses, with one remaining unchanged and one, Dubai National Insurance, making profit. As for Abu Dhabi Securities Market, out of the 35 companies whose shares were dealt today, the shares of 32 suffered losses, with only the shares of the National Bank of Abu Dhabi and the International Fish Farming Company making profit. Ironically in the Dubai market, there were no registered share purchase requests for 25 companies at closing. Financial experts say this is an indication that swift intervention was necessary. As for Emmar Real Estate Company, whose shares were expected to profit today as it was the last day for distributing monetary profit approved by the company, also fell USD 4.4 per share in the morning and closed with a loss if USD 4.2. Market sources said this sharp fall of stock process was an indication of the lack of liquidity even if underwriting numbers showed otherwise, adding that there was no longer liquidity after it was given out during underwritings and to increase capital, thus flowing from the market to shareholding companies and banks. Experts and investors called upon the government to take measures to halt new underwritings and capital increase operations until regulations are reviewed and the situation is contained. menafn.com

To: LindyBill who wrote (160674)	3/14/2006 3:53:12 PM
From: the_wheel	Read Replies (2) \| Respond to of 793608

Question to tread: I was watching Discovery Channel last night : History of Vietnam War. It ended with helicopter airlift out of embassy. Had a lot of Bob Simon and CBS including Uncle Walter getting religion after Tet. Question 1: I vaguely remember seeing the reporting on TV, I am just a little bit too young. Anyway, it seems like it was a real war with real reporting, you know real reporters in the country with the troops and video of whats going on, reports on what happened that day and casualties of US, SVA, NVA, VC reported, interviews, etc. Plus, maybe LBJ etc getting on the tube and telling what's going on. WHY DON'T WITH ALL THE TECH WE HAVE NOW WHY IS THERE NOT ANY COVERAGE OF THE CONFLICT??? All I see is talking heads and constant griping and misinformation, plus it seems like the war is between the blues vs reds, ie it seems a civil war this time between the heartland and the coasties. Why don't they cover the conflict OVER THERE? Is it because we lost in Vietnam that we now have to have a civil war here? Question 2: My wife said this show changes her attitude of our upcoming vacation to Hanoi, Da Nang, Hue, Saigon, Hoi An, My Tho, Siem Reap, and Krueng Thep. In what way? asks I. Well, I hope they don't carry resentment towards us now and I didn't realize the hardship they had to go through, the civilians she means. See, the Vietnamese she knows are these kind sweet people down at the Salon where she gets her pedicure, and she said these are probably some of the lucky ones that got out with our help, etc. so they like us instead of not. Well, not to worry says I, it's been long enough that those people are really old anyway plus they have got over it just like we got over it. "Why can't we just get along?" WELL WE DO! The question is: I know a lot of you old codgers served over there and maybe been back since. So am I right or not (about them liking us now)? Plus, any tips on things not to miss? We are scheduled to see the US embassy, the Cu Chi tunnels, retracing JFKs legendary Christmas gun-running expedition up the MeKong etc. plus some natural scenery, China Beach, Forbidden Purple City, Ho Chi Minh Mausoleum, and Buddhist temples and Catholic churches. Nice huh? I hope to get a "magic hat" while I am there, plus some other memorabilia. Is this place really still Communist? PS. I suppose I have to once again apologize in advance to the nut cases out there that read this tread. Sorry if I hurt the delicate feelings of you folks that don't fit into the male/female categories, etc. Sorry if I have used any of the words: I , you, he, she, us, them, black, white, Vietnamese, etc. words which are not PC. I feel I must do this because when I found out that some of the genuises that listen to NPR think it is perfectly acceptable to entertain ideas like : "Terrorists are attracted to squared off at the top buildings and avoid pointy architecture" and "Old People must be strip searched to avoid upsetting the young folks" or put another way "Seniors are terrorists, too!". I know how sensitive some folks are, reminds me of "The Time Machine" by Wells. (I wonder if we had a time machine and could send the newspapers today back to 2002 if they would do anything different.) I realize I have a "traditional" marriage, maybe it would make you feel better if I lied and said I done did TransAmerica twice so I am back where I started, but that would be a lie. Plus, since some of you nice folks get all bent about race, I am sorry I had to reveal that Vietnamese are not exactly like us, ie black on welfare and poor. It seems they actually have a job. I did see "Crash" so I have some sympathy for you folks that live in LA. It must be hell on Earth. Especially if you're Persian and everybody in LA calling you Arab. Plus, I had a question about LA, are the gang members as well educated as the movie indicated? PPS. Bill I am glad you got out of LA. Not that there's anything wrong about it.