A little boy who was born with eight limbs

** VERY TOUCHING **
A little boy who was born with eight limbs has been hailed as an Indian god - sparking crowds of people rallying to see him.

The village in West Bengal has become overrun with thousands of worshippers flocking to see the child, who has four arms and four legs, at the hospital.

His condition is believed to be caused by the baby's twin being joined to him in the womb.

Many were crying and praying - suggested he was the Hindu god Brahma - while some believed it was the sign of the end of the World.

A relative of the ''god baby'' told a television station in Baruipur, East India: When he first came out we couldn't believed it.
The nurses said he was badly deformed but i could see that this was
a sign from God.
Infact, this's a miracle, it's god's baby.
Indian god's have extra limbs just like this.

A police spokeman said: This is a freak baby and it's tragic, there is nothing Godly about him at all.
But the crowds are going berserk and clamouring to see him.

Hundreds are crying in the street,
Hundreds of others are praying and setting up camp here.
Some are even panicking and believe this is a sign of the end of the World.

I have never seen anything like this in my whole life/career before...
(not our portion in Jesus name)

 ·

Bomb blast in Kano

A bomb reportedly went off in Kano this afternoon. Eye-witnesses say the blast happened at Filin Parking in Kantin Kwari Market in Kano around 3: 30pm. Kantin Kwari market is said to be one of the largest markets in Kano. Details of the blast is still sketchy. More later... 

Aww...Chris Brown says he'll spend Christmas and New Year alone

So no reconciliation between himself and Karrueche anytime soon? Aww... 

Malala Yousafzai receives her Noble Peace Prize

17 year old Pakistani girl rights activist, Malala Yousafzai received her Nobel Peace Prize today  Dec. 10th at the city hall in Oslo, Norway. She won the award in October alongside Indian activist Kailash Satyarthi. Receiving her award, Malala said

"I tell my story, not because it is unique, but because it is not. It is the story of many girls. I am pretty certain that I am also the first recipient of the Nobel Peace Prize who still fights with her younger brothers". More pics from the ceremony after the cut...

Guests at the event included Queen Latifah and Steven Tyler 

Photo: Man buried in SUV Hummer in Nigeria

Search

 

What are your thoughts? will you like to be buried in a SUV Hummer?

- See more at: http://www.nigerianwatch.com/celebritywatch-with-michael-tubes/5907-photo-man-buried-in-suv-hummer-in-nigeria#sthash.jd1s49cf.dpuf

3 Biggest Currency Moves in 2014

It’s almost the end of the year and you know what that means - it’s time to look back and review the movers and shakers of the currency world! So which currency pairs dominated 2014 trading?

1. USD/JPY (+13.78%)
The yen traded in relatively tight ranges for most of the year after traders have priced in Shinzo Abe’s new stimulus policies in 2013, plan to which the BOJ had stuck to like glue. In fact, it wasn’t until Q3 2014 when yen bears pushed their pedals to the metal.

It was around mid-August when disappointing reports from Japan started piling up, enough to strengthen calls for the BOJ to do something. And in October, BOJ Governor Kuroda made good on his threats to do more if their inflation goals were challenged by not only increasing the pace of its easing, but it also downgraded its inflation forecasts AND hinted at another tax hike. Good night Japanese yen!

Related Reads:
Lack of new plans causes seesaw JPY trading
BOJ statement causes more JPY selloff

2. EUR/USD (-9.45%)
No currency-related list would be complete without the usual drama around the shared European currency. The euro was actually bound in wide ranges for the first half of the year despite the impact of the Russia-Ukraine conflict and Draghi’s early threats of negative deposit rates.

It wasn’t until late May to early June when the ECB made good on its threats that the euro selloff gained momentum. Not only did the ECB cut its interest rates and dragged its deposit rate to negative territory, but it did it one more time in September when few analysts were expecting it! It also didn’t help that European trade, manufacturing, and overall growth levels were tanking in the region at the same time  as the decline in the euro zone’s inflation levels.

Related Reads:
Draghi jawbones the euro by hinting at a possible QE
ECB cuts rates and implements negative deposit rates
ECB cuts rates...again!

3. USD/CHF (+8.21%)
Newly-appointed Fed Chairman Janet Yellen didn’t waste much time boosting the Greenback in March when the Fed removed the unemployment rate threshold and upgraded its U.S. growth forecasts.

The central bank then went on to drain the last of its QE3 program as Uncle Sam’s economic prospects continued to improve. It also helped that a bit of risk aversion over geopolitical concerns sparked appetite for safe haven countries and their currencies. Right now the Fed is focusing on trying to working a rate hike in 2015 without causing too much disruption in the global markets. By the looks of USD’s price action, the Fed didn’t do a great job on the latter!

Related Reads:
3 geopolitical risks that weighed on currencies
Fed tries to temper rate hike talks
Exit strategy talks fuel appetite for USD

BONUS: USD/RUB (+63.97%)
I don't usually write about the Russian Rouble (RUB) but this move is just too crazy to ignore. USD/RUB hit the ground running in Q1 2014 as Russia worked on annexing Crimea from Ukraine, a move that garnered economic sanctions from its major trade partners. Russia and Ukraine reached some sort of truce though, and USD/RUB dropped back to its January levels by late June.

It was in mid-July when the Russian economy really started to hurt from the economic sanctions. Oil prices also started dropping like there's no tomorrow, which isn't good since oil and gas make up nearly 70% of Russia's exports and 50% if its federal budget. Right now the pair is still making new record highs with no ceiling in sight.

Related Reads:
How the Russia-Ukraine tension started
Why Russia would want to take over Ukraine
How Russia's sanctions can affect the forex market
Impact of OPEC's decision to not hold back oil supply

SO SAD: Oprah Winfrey Has Just 3 Months to Live

Daytime talk show extraordinaire Oprah was given the shock of her life when a routine check up turned into her having less than four months to live following a stage 4 cancer diagnosis. 

“I’ve made more money than I could spend in a life time, but I’m going to enjoy seeing what kind of dent I can put in $2 billion in 3 months” Said Oprah proclaiming that she would spend half her fortune making a few lucky fans dreams come true, donating the rest and while leaving something for her dog and Steadman. Oprah seem to be in high spirits saying “why be sad when I can buy a small country, name it Oprah, and live forever” 

What will be some of the quotes the world will remember her for? 

The more you praise and celebrate your life, the more there is in life to celebrate. 

    Do the one thing you think you cannot do. Fail at it. Try again. Do better the second time. The only people who never tumble are those who never mount the high wire. This is your moment. Own it. 

    The biggest adventure you can take is to live the life of your dreams. 

    I remember a specific moment, watching my grandmother hang the clothes on the line, and her saying to me, ‘you are going to have to learn to do this,’ and me being in that space of awareness and knowing that my life would not be the same as my grandmother’s life.

     Follow your instincts. That’s where true wisdom manifests itself. 

    What I know is, is that if you do work that you love, and the work fulfills you, the rest will come.

    For everyone of us that succeeds, it’s because there’s somebody there to show you the way out. 

    I don’t think of myself as a poor deprived ghetto girl who made good. I think of myself as somebody who from an early age knew I was responsible for myself, and I had to make good. 

    I had no idea that being your authentic self could make me as rich as I’ve become. If I had, I’d have done it a lot earlier. 

    When I look into the future, it’s so bright it burns my eyes.

4 Long-Term Market Effects of the OPEC Decision

Oil prices tumbled to their five-year lows of around $65/barrel recently and no, that ain’t just a Black Friday discount. As it turns out, the Organization of Petroleum Exporting Countries decided against implementing measures to curb the sharp decline in crude oil prices, as they refrained from announcing a cut in production.

Several forex market participants, along with most OPEC member nations, were counting on the oil cartel to reduce production by 5% or 1.5 million barrels per day. In doing so, oil supply could be limited, which would then put an upward pressure on prices. In a surprise move, the OPEC refrained from making any changes to their production target, as the cartel failed to reach an agreement.

Apart from weighing further on oil prices, here are a few more longer-term market repercussions of their decision (or lack thereof):

1. Price war between the U.S. and OPEC

Industry experts remarked that the OPEC’s inaction marks the start of an oil price war with U.S. producers. You see, the recent boom in fracking for shale oil in West Texas have allowed U.S. oil supply to reach its highest level in three decades, threatening to eat up the global market share of the OPEC’s oil output. For now, the OPEC accounts for roughly 40% of the world’s oil supply, which could shrink if U.S. ramps up its production.

By keeping its oil production unchanged, the OPEC seems to be edging out U.S. competition in pushing prices to unprofitable levels. Energy consultants from Citigroup and IHS predict that big U.S. oil producers could still stay profitable and carry on with operations for as long as crude oil trades around $70/barrel. Some say that further technological advancements could bring the breakeven price down to as low as $40/barrel in the coming years, which suggests that these U.S. oil producers aren’t closing shop anytime soon!

2. More geopolitical tension?

Apart from the conflict between U.S. producers and the OPEC, geopolitical tension among sanctioned countries, namely Russia and Iran, could escalate if oil prices fall further. Recall that the EU and the U.S. imposed sanctions on Russia because of the Ukraine standoff earlier this year while international sanctions were also imposed on Iran because of its nuclear program.

Oil and gas comprise nearly 70% of Russia’s exports and 50% of its federal budget, with the Russian economy and the rouble also in a nosedive along with oil prices. Meanwhile, oil production in Iran has hit a 20-year low, as exports were cut in half to just 1 million barrels per day. Despite these economic pains, leaders of both countries insist that they will not give in to Western demands just to have the sanctions lifted.

3. Deeper Loonie selloff?

As we’ve discussed in the School of Pipsology, the Canadian dollar is positively correlated to crude oil prices since Canada is one of the top producers in the world and is a major exporter to the United States. With that, further declines in “black crack” prices might continue to weigh on the Loonie, which tumbled against most of its forex counterparts after the OPEC announcement.

With the recent boom in U.S. production, the country is relying less on its crude oil imports on Canada. And that can’t be good for the export-driven Canadian economy, which used to have nearly 85% of its oil shipments going to Uncle Sam!

4. Cheaper gas prices, more cash for shopping

On a brighter note, the slip n’ slide in oil prices is making gasoline much cheaper at around $2.77/gallon. According to AAA, the largest motoring group in the U.S., average gas prices are at their lowest levels since October 2010.

With that, consumers can keep filling up their tanks and still have enough cash left for shopping! I wouldn’t be surprised if Black Friday and Cyber Monday raked in more sales this year, as Americans probably used their extra moolah to take advantage of those deals and discounts. Heck, spending could continue to climb as the December holidays draw near!

In a nutshell, these recent events suggest that oil prices might not bottom out anytime soon if price wars between the U.S. and OPEC persist. This could keep risk appetite, commodity prices, and the Canadian dollar weak in the coming months. Do you think this will be the case?

Read more: http://www.babypips.com/blogs/piponomics/forex-oil-20141202.html#ixzz3Koxx4e81