Thursday, March 19, 2009

TRADING TECHNOLOGY | SigmaForex



Sigma Trading Software is our clients' gateway to the Forex Market. It is an online trading complex designed to provide broker services to customers at Forex, Futures and CFD markets.

We have chosen the Meta Trader 4 Trading platform as our optimum solution for the professional trading, because it is the most reliable, professional and secure online trading software on the market at the current time.
The program has a friendly and simple user interface that allows traders to keep an eye on their transactions and their account as well as develop Forex trading strategies of their own and performing technical analysis.
Sigma trading platform is secure, stable and distinguished by its unique performance. Sigma Trading Station is the client's part of the online Forex Trading...

Trading technology refers to having, first of all, a trading platform that is stable and appeals to traders. There are many examples of trading platforms that have been developed internally by Forex brokers and that fail to meet the standard in the industry. These platforms may lack integrated graphic components, or the ability to customize the different parts, or technical indicators or the ability to accept automated orders. One of the most complete and most popular trading platform today is MetaTrader 4 (MT4), developed by a Russian software company called MetaQuotes and inspired by a Reuters-owned US company called MetaStock. Recognizing the demand for MT4, several major brokers added MT4 to their product lineup in 2008.

But whether MT4 is right for you or not, it is important to understand that a trading platform and its supporting backoffice software may not always be dependable. For a 2-year period (2005-2007), MT4 frustrated many traders because it was not stable. Almost daily updates from MetaQuotes to fix problems demonstrated that the product had been launched prematurely. Traders could not assume that the software would work as intended. Many traders suffered losses due to these glitches and brokers using the software were very frustrated.

Thursday, March 12, 2009

Car Orders

The president of the Central African Republic has decreed three days of prayer and ordered all bars and nightclubs to shut for 24 hours.
Interior Minister Col Michel Salle said the country had been through hard times, and prayers could help to promote reconciliation.
President Francois Bozize was elected in May after years of military rule.
Thousands of civilians have recently fled unrest in the north of the country for neighbouring Chad.

'Troubled country'
Bars and clubs will be closed from Friday to Saturday evening as part of the period of prayer from Thursday, Col Salle said.
"Central African Republic is a troubled country which has been through hard times," he said in a statement aired on state radio.

"These prayers could help promote reconciliation among the people of Central African Republic."
The CAR has a history of coups and army mutinies, as well as endemic corruption, and remains one of Africa's least developed nations.
Mr Bozize seized power in March 2003 and won presidential elections this year.
Months after the poll, raids by unknown gunmen forced thousands of people in the north of the country to flee into neighbouring Chad.


[SigmaForex Withdrawal Methods]

To withdraw funds from your account Please make sure that you have sufficient funds in place to cover the the necessary margin required for your open positions, after your requested withdrawal.

No requests for transfers to persons other than the account holder will be processed.
SigmaForex may require further identification or documentation in order to complete your request.
Please Note that transfer fees and bank charges may apply, and depend on the form of transfer.
Please note that we try to process the withdrawal request quickly. However, it may take up to 5 business days, depending on the method of transfer.
Your withdrawal from sigma account will be in an efficiently, secure and fast, you can withdraw money from your SigmaForex account at any time.

Withdrawal steps:
1. Login to your web account
2. Choose your withdrawal method
3. Fill the withdrawal form and write down the withdrawn amount

Stimulus Package

But on Tuesday, Ty'Sheoma Bethea became the face of the issue, when she joined first lady Michelle Obama as her guest for the president's first speech to a joint session of Congress.
The White House invited Bethea, a student at the J.V. Martin Junior High School in Dillon, South Carolina, after a letter she sent lawmakers appealing for help rebuilding her school made its way to the president.

The eighth-grader flew with her mother, Dina Leach, from South Carolina to Washington to attend Tuesday night's speech.
On Wednesday, back home in South Carolina, Bethea explained what she wanted the president to do.

"I just want for him to help my school out and to get us a bigger and better school and build us a new one, and I would thank him for that." she told CNN.
The eighth-grader was inspired to write the letter by Obama, who mentioned her school in his first presidential news conference on February 9. After visiting the school, he referenced J.V. Martin as evidence of educational institutions that would benefit from school construction funding in his $787 billion stimulus package. iReport.com: 'A very emotional moment'
In her letter, Bethea described the dilapidated condition of her school, which was built in 1896, and said the funds would improve the building and the quality of education.



[SigmaForex Customer Support Area]

Customer satisfaction is number 1

It's a well known fact that no business can exist without satisfied customers, Sigma support you with all your needs that have been chosen according to your demands.
Our slogan is to achieve the maximum level of satisfaction for our customers for that we built customer support which is availble 24/7 to be reached for all clients at any time.

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Lending Rates

BANGKOK, Feb 25 (Reuters) - Siam Commercial Bank SCB.BK, Thailand's third-largest lender, said on Wednesday it was cutting its savings, fixed-deposit and lending rates by 25 basis points following a rate cut by the Bank of Thailand.[ID:nBKK419802]
The new rates will be effective on Friday, the bank said in a statement.
The cut in the saving rate, the first since July 2003, would take the rate to 0.50 percent, the statement said.

Other major banks, including market leader Bangkok Bank BBL.BK, state-run Krung Thai Bank KTB.BK and number four Kasikornbank KBAN.BK, are likely to follow suit.
Most major Thai banks started a round of rate cuts in early December when the Bank of Thailand began slashing rates to support the economy.

Their fixed deposit rates now run from 1.00-1.75 percent, while prime lending rates are generally 6.50 percent. ($1=35.70 Baht) (Reporting by Manunphattr Dhanananphorn; Writing by Arada Therdthammakun; Editing by Alan Raybould)


[SigmaForex Trio Contest]

SigmaForex Ultimate Forex Monthly Champion Double your pleasure, Double your fun and Double your FUNDS.

SigmaForex has exactly what it takes to give you the ultimate forex trading experience and what it needs to make it more successful, more attractive, and more effective.SigmaForex Practice Competition

Let us show you that if you're not utilizing SigmaForex services, you're missing the boat…and potential profits! Every Service taken on is given the time, skill necessary, and awareness to detail to produce the results that your satisfaction demands.

Nothing comes between us and you, we rely on your business; therefore, you can rely on ours, which means that we will be working hard on our behalf to make certain of your success.
Reliability Is Natural For Us, Our Services and Products Natural For You.
We care to make you feel secure with us, and that is a priceless service that will bring in continuous benefits for both of us. Which is why we have created the Trio contest, it is the First and the Only Tri contest in the World wide Financial Market called Forex.

TRIO Contest divides into 3 Main contest stages,
1. Elite Competition
Every game is new business opportunity (Elite Contest)
2. Oriental Competition
A Virtual World with Live Pictures (Oriental Contest)
3. Post-Graduate Competition
Opening a new page in your Life (Post-Graduate Competition)

Indias central bank

After market hours, the Reserve Bank of India said it was lowering the repo rate, at which it lends to banks, to 5.0 percent from 5.5 percent, effective immediately.
It also cut the reverse repo rate, at which absorbs excess cash from the banking system, to 3.5 percent from 4.0 percent, effective immediately.
The central bank said while Indian financial markets were orderly, the country's growth prospects had taken a hit from the global financial crisis and subsequent economic downturn.
'This impact has turned out to be deeper and wider than anticipated earlier,' the central bank said in a statement.

Policy makers expect India's economy to grow at a six-year low of 7.1 percent in the 2008/09 fiscal year that ends on March 31, after growing at or above 9 percent in the previous three years. Analysts expect the economy to slow further in 2009/10.
'This may be the last rate cut for some time now, and the central bank will wait for incoming data and until the new government assumes office,' said A. Prasanna, economist at ICICI Securities in Mumbai.
National elections are being held in stages over April and May.
The central bank said the reduction in rates should further encourage banks to provide credit for productive purposes at viable interest rates. At a policy review in late January, it held rates steady, saying banks were yet to pass on earlier cuts.


[SigmaForex Bonus Revolution]

Have you ever imagined that even the hardest times can lay your interest?
You may now wonder and asking yourself how it can be done while we live the toughest time in our economic world. All imagine that we have reached the top of the crisis and will remain there for a cloudy time, which has been specified predictably by the economic experts.

But what if you have the key for passing by all that?
Actually the key solution is within your hands! But what happened is that you have got blinded with the shock of unexpected financial crisis that extends its arms to hold the entire economic world for a not specified time. All what you need is some confidence and a helping hand guiding you to a real bright path.
Almost all successful people have learned how to make their own interest even from their own loss! Just some confidence and resistance, and above all the choice of the right hit at the right time. It is a common goal for money makers to have a continuous ability of preserving their financial status. So, stop thinking of the goal only and start thinking of the way you are going to do it, and ask yourself how can I still make the amount of money I was doing before even in the worst time in economic history?

One of the most necessary steps in your thinking and performance is not to take a long time in thinking and planning to be able to catch the chances available in the market, especially at this time. This doesn't mean to be rash, but to be selective and have the deepest insight.

In reversing the situation for the sake of your own interest, SigmaForex has strived to think and produce the best solution for money makers in FOREX through it's three types of accounts.

The motto of SigmaForex is "Not only physical power that can make you win, it is the power of mind that helps you the most to make the best living in all its sides".
The second step you need to go through after thinking is to apply the principle of "use the useless for your usefulness", by catching the best chances available. And here in speaking about the chances, Sigma Forex offers three unique business accounts with three bonus budgets existed nowhere else and we called it"The Bonus Revolution"

Enter Now The Bonus Revolution

Deposit insurance fund


The head of the Federal Deposit Insurance Corporation, Sheila Bair, in a letter to bank chief executives dated March 2, defended the FDIC's plan to raise fees on banks and assess an emergency fee to shore up the fund and maintain investor confidence.
Bair acknowledged the new fees, announced Friday, would put additional pressure on banks at time of financial crisis and a deepening recession, but insisted they were critical to keep the insurance fund solvent and protect.
"Without these assessments, the deposit insurance fund could become insolvent this year," Bair wrote.

The FDIC chief said in the letter that the rapidly deteriorating economic conditions raised the prospects of "a large number" of bank failures through 2010.
"Without substantial amounts of additional assessment revenue in the near future, current projections indicate that the fund balance will approach zero or even become negative," she wrote.
The FDIC last Friday announced it would impose a temporary emergency fee on lenders and raise its regular assessments to shore up the rapidly depleting deposit insurance fund that insures individual customer deposits up to 250,000 dollars.
A week ago the FDIC reported a sharp depletion of the deposit insurance fund in the fourth quarter due to actual and anticipated bank failures, to 19 billion dollars from 34.6 billion in the third quarter.


[SigmaForex Funding Methods]


Safety of funds plays an important role in any type of business; we make our best efforts to ensure protection of customers’ money.

Minimum deposit required for funding new accounts:
Our accounting department is ready to help you fund your new account or add funds to an existing account. For Standard Dealing Desk Accounts the minimum deposit is $ 500, and for the No Dealing Desk Accounts the minimum deposit is $ 2000.
Deposit instructions:
You must open a web account and associate it with your live account to insure security of transactions in your account

How to do so?
1. Open web account
2. Login and associate your Live Trading Account with your Web Account
3. Login to your Web Account and click 'Make a Deposit"

Deposit methods
1- Bank wire transfer
A wire transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender nor the recipient of the money sees or touches the actual funds.
Deposit Time
1-5 business days SigmaForex does not guarantee deposit times in the event of a margin call

Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.
Withdrawal Eligibility
Immediate availability

Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.
2- E-gold payments
Open www.e-gold.com- Create new e-gold account - Issue transfer request from your e-gold account to SigmaForex e-gold account.
Deposit Time
Immediate deposit SigmaForex does not guarantee deposit times in the event of a margin call
Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility
Immediate availability
Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

You do not have an account yet?
Open Live Account

Wednesday, March 11, 2009

Russia now 'top heroin consumer'

Russia says it has become the world's biggest consumer of heroin.

The head of Russia's anti-narcotics service, Victor Ivanov, said that seizures of Afghan heroin were up 70%.
Speaking ahead of a meeting in Vienna of the United Nations Commission on Narcotic Drugs, he called on the UN to do more to fight the problem.
Mr Ivanov, a former KGB officer and senior Kremlin official, said the flood of the drug from Afghanistan posed a threat to Russia's national security.
He painted a grim picture, says the BBC's James Rodgers in Moscow. He said the drug was partly to blame for rising crime and a fall in Russia's population.

"In recent years Russia has not just become massively hooked on Afghan opiates, it has also become the world's absolute leader in the opiate trade and the number one heroin consumer," he said in a report made available to reporters.
"Drug trafficking has become a key negative factor for demography and a blow to our nation's gene pool... [And] a challenge to Russia's civilization."
The Russian health ministry says Russia has up to 2.5 million drug addicts out of a population of some 140 million, most of them aged between 18 and 39.
Mr Ivanov did not give details about which country Russia was thought to have displaced as the main heroin consumer.
The CND's World Drugs Report for 2008 reported that China was estimated to have about 2.3 million users of opiates, though how many of those used heroin was unclear.
War factor
Mr Ivanov said that in the first two months of this year, Russia had seized 400kg (880lb) of heroin - a 70% increase on the same period last year.
He said it was time for the international community to take action against Afghan narcotics by spraying poppies and offering farmers incentives to grow other crops.
Afghanistan is estimated to produce 93% of the world's heroin.
While not directly blaming the US-led coalition in Afghanistan for the worsening problem, Mr Ivanov said that Afghan farmers had used the tense military and political situation to plant opium poppies.
He also said patrolling the 7,000-km (4,375-mile) border with Kazakhstan, through which drugs arrive, was an impossible job.


[SigmaForex Withdrawal Methods]

To withdraw funds from your account Please make sure that you have sufficient funds in place to cover the the necessary margin required for your open positions, after your requested withdrawal.

No requests for transfers to persons other than the account holder will be processed.
SigmaForex may require further identification or documentation in order to complete your request.
Please Note that transfer fees and bank charges may apply, and depend on the form of transfer.
Please note that we try to process the withdrawal request quickly. However, it may take up to 5 business days, depending on the method of transfer.
Your withdrawal from sigma account will be in an efficiently, secure and fast, you can withdraw money from your SigmaForex account at any time.

Withdrawal steps:
1. Login to your web account
2. Choose your withdrawal method
3. Fill the withdrawal form and write down the withdrawn amount

Oil prices drop before US data

Oil prices fell slightly on Wednesday as the market geared up for the release of key data on US energy stockpiles ahead of an OPEC weekend meeting to discuss output levels
In London, Brent North Sea crude for delivery in April fell 37 cents to 43.59 dollars a barrel.
New York's main futures contract, light sweet crude for April, dropped 52 cents to 45.19 dollars.
The US Department of Energy (DoE) on Wednesday releases its latest weekly update on energy inventories in the United States, the world's biggest oil consuming nation.
"We would certainly pay close attention to crude stocks and refinery runs, following a sharp rise in (US) refinery capacity" in last week's data, VTB Capital analyst Andrey Kryuchenkov said.
"There is a slim chance for a small (fall) in crude inventories, provided runs remain near the same levels as the previous week."

Even though US refineries are working harder, DoE data released on Tuesday projected average annual world oil consumption will decline by almost 1.4 million barrels per day in 2009.
Meanwhile, ministers of the Organization of Petroleum Exporting Countries (OPEC), the cartel that pumps about 40 percent of world crude, meet Sunday in Vienna to discuss whether to slash output in a bid to shore up prices.
"Right now the message out of OPEC is mixed," said Victor Shum, senior principal at energy consultancy Purvin and Gertz in Singapore.
"I think what is likely to happen is that there will be a lot of comments to stick to full compliance (with) output cuts that have been planned and there will not be further cuts," he told AFP.
"At the time they meet, if pricing is really below 40 dollars, that will give OPEC more reason to cut output," Shum added.
Some analysts said the market still believed that the OPEC cartel had not done enough to check falling prices.
"As we approach the March OPEC meeting, crude oil markets appear to be in much better balance than the last time OPEC met and this is due in no small part to the excellent compliance by OPEC members with the lower quotas agreed at the December meeting," said Nic Brown of Natixis.
"Does this mean that OPEC has done enough? We suspect not," Brown added.
OPEC agreed late last year to reduce output by 4.2 million barrels a day in a bid to reverse tumbling prices and protect its members' revenues.
Oil prices have fallen from record highs of more than 147 dollars in July 2008 as the global economic crisis has weakened demand.


[SigmaForex Customer Support Area]

Customer satisfaction is number 1

It's a well known fact that no business can exist without satisfied customers, Sigma support you with all your needs that have been chosen according to your demands.
Our slogan is to achieve the maximum level of satisfaction for our customers for that we built customer support which is availble 24/7 to be reached for all clients at any time.

Open Live Chat Now

Email Us

FAQs

Funding Methods

Withdrwal Methods

Trading Agreement

Networks 'to allow 999 roaming'

The five main mobile phone networks have agreed to introduce changes which will allow their customers to make a 999 emergency call on a rival network.
Unlike in much of Europe, the UK currently has no provision for a 999 caller to "roam" onto another network.
Ofcom's Welsh arm said the networks were testing technical changes to make this possible by the end of the year.
It is intended to help in some rural and mountainous areas where reception in certain networks can be patchy.
The progress has been welcomed by Ogwen Valley mountain rescue team.
A spokesman said: "The more coverage the better."

Ofcom Wales confirmed discussions have been underway for some weeks with the five main network operators, O2, T-mobile, Orange, Vodafone and Three.
Director Rhodri Williams said the networks were working on how to run "roaming" 999 calls in England, Scotland, Wales and Northern Ireland by 2010.
He said: "Unless you have cause to do it, you might not realize.
The fact that facility was available in most European countries was something the [advisory] committee were themselves surprised to learn and thought that there was no good reason why such a facility was not available in Wales."
He said the issue had been brought before the Welsh affairs select committee's inquiry into digital inclusion in Wales.
He said: "The geography of Wales creates challenges for anyone wishing to distribute digital services of whatever nature.
"Each operator has to trial the technology to make sure that [a roaming emergency call] works.
'Cloud'

"The benefits of that to consumers in Wales and the rest of the UK is quite considerable."
Chris Lloyd, spokesman for Ogwen Valley Mountain Rescue Organisation in Snowdonia, said it would be useful if rescue teams were able to bring back a mobile phone user who had just made a roaming 999 call.
He said: "We have an increasing number of calls from people whose only contingent is to be on the mobile phone, which means we're dealing with a lot of people who are just sitting in the cloud and need someone to hold their hand.
"Rather than us rallying all our troops, frequently we now need to speak to the people on the mobile phone and interview them thoroughly and walk them in the right direction."


[SigmaForex Trio Contest]

SigmaForex Ultimate Forex Monthly Champion Double your pleasure, Double your fun and Double your FUNDS.

SigmaForex has exactly what it takes to give you the ultimate forex trading experience and what it needs to make it more successful, more attractive, and more effective.SigmaForex Practice Competition

Let us show you that if you're not utilizing SigmaForex services, you're missing the boat…and potential profits! Every Service taken on is given the time, skill necessary, and awareness to detail to produce the results that your satisfaction demands.

Nothing comes between us and you, we rely on your business; therefore, you can rely on ours, which means that we will be working hard on our behalf to make certain of your success.
Reliability Is Natural For Us, Our Services and Products Natural For You.
We care to make you feel secure with us, and that is a priceless service that will bring in continuous benefits for both of us. Which is why we have created the Trio contest, it is the First and the Only Tri contest in the World wide Financial Market called Forex.

TRIO Contest divides into 3 Main contest stages,
1. Elite Competition
Every game is new business opportunity (Elite Contest)
2. Oriental Competition
A Virtual World with Live Pictures (Oriental Contest)
3. Post-Graduate Competition
Opening a new page in your Life (Post-Graduate Competition)

Expansion of LNG threatens gas glut

A huge expansion of global capacity for producing liquefied natural gas is set to bring additional volumes on to an already depressed global market.
Plants scheduled to come on stream over the next year will increase global LNG production capacity by 30 per cent, putting downward pressure on natural gas prices worldwide, particularly in the US and Britain.

LNG – gas super-cooled to -160°C so that it can be transported by tanker – has been the fastest-growing fossil fuel of the past decade. It provides only about 7 per cent of global gas supply but plays an increasingly important role in meeting marginal demand.
A wave of LNG projects approved in the middle of the decade – in particular the vast facilities in gas-rich Qatar – is due to come on stream this year and next.
Some of their production has already been sold on long-term contracts but much of it will go into spot markets, where prices have fallen steeply over the past year.
Professor Jonathan Stern of the Oxford Institute for Energy Studies said that gas demand had “gone off a cliff” worldwide, with electricity generators and industrial users such as car manufacturers cutting their use sharply.

Prof Stern estimated that Asian and European markets could shrink by 10 per cent this year.
Asian buyers are using flexibility in their contracts to take less gas, leaving sellers to look for markets in the US and Europe.
Several new terminals for receiving LNG are also coming into operation in the first half of this year, including Sabine Pass in Louisiana, South Hook in Wales and Rovigo in north-east Italy.
Much of the surplus gas is likely to head for the US. LNG from Qatar costs about $2.50 per million British thermal units to deliver to America, according to Frank Harris of Wood Mackenzie, a consultancy.
That makes it competitive in the US market, where the Henry Hub benchmark price was at a 29-month low of $3.93 per million BTU on Friday.
Mr Harris said that companies with LNG projects due to come on stream this year “would not be rushing hell for leather to get production at full tilt”, and the additional volumes coming on to the market were likely to be well below the planned increase in capacity.
However, projects under construction cannot be deferred indefinitely. So if the new plants do not reach full production this year, they are likely to do so next year. “2010 may be the really horrendous year,” Mr Harris said.


[SigmaForex Bonus Revolution]

Have you ever imagined that even the hardest times can lay your interest?
You may now wonder and asking yourself how it can be done while we live the toughest time in our economic world. All imagine that we have reached the top of the crisis and will remain there for a cloudy time, which has been specified predictably by the economic experts.

But what if you have the key for passing by all that?
Actually the key solution is within your hands! But what happened is that you have got blinded with the shock of unexpected financial crisis that extends its arms to hold the entire economic world for a not specified time. All what you need is some confidence and a helping hand guiding you to a real bright path.
Almost all successful people have learned how to make their own interest even from their own loss! Just some confidence and resistance, and above all the choice of the right hit at the right time. It is a common goal for money makers to have a continuous ability of preserving their financial status. So, stop thinking of the goal only and start thinking of the way you are going to do it, and ask yourself how can I still make the amount of money I was doing before even in the worst time in economic history?

One of the most necessary steps in your thinking and performance is not to take a long time in thinking and planning to be able to catch the chances available in the market, especially at this time. This doesn't mean to be rash, but to be selective and have the deepest insight.

In reversing the situation for the sake of your own interest, SigmaForex has strived to think and produce the best solution for money makers in FOREX through it's three types of accounts.

The motto of SigmaForex is "Not only physical power that can make you win, it is the power of mind that helps you the most to make the best living in all its sides".
The second step you need to go through after thinking is to apply the principle of "use the useless for your usefulness", by catching the best chances available. And here in speaking about the chances, Sigma Forex offers three unique business accounts with three bonus budgets existed nowhere else and we called it"The Bonus Revolution"

Enter Now The Bonus Revolution

NY probes Merrill bonus markdown link

New York prosecutors are investigating whether the early payment of bonuses at Merrill Lynch last year gave the bank's traders an incentive to mark down the value of their trading positions in the last days of December, the Financial Times said, citing people familiar with the probe.
New York's Attorney General Andrew Cuomo has been investigating whether billions paid in executive bonuses at Merrill Lynch ahead of its takeover by Bank of America (BofA) were sanctioned by the Charlotte, North Carolina-based bank.
Cuomo's office is now considering whether the early payments encouraged Merrill traders to mark down their portfolios -- which would make it easier for them to post gains fresh out of the gate in January, the paper said.

Three former Merrill Lynch executives told the paper that traders made such changes to their books in late December.
The executives said the markdowns were not outsized, and did not represent a concerted effort to "kitchen sink" the quarter, the paper said, referring to a strategy in which positions are marked down to make later results look better.
In a court filing expected Wednesday, Cuomo will respond to BofA's argument that the disclosure of the individual bonus payments to Merrill employees in December would be an invasion of privacy, the paper said.
Cuomo's office is expected to argue that prosecutors need the specifics of the bonus payments to determine whether important information was kept from BofA shareholders who approved the Merrill acquisition and from federal officials who gave $45 billion in taxpayer funds to the bank, the paper said.


[SigmaForex Funding Methods]


Safety of funds plays an important role in any type of business; we make our best efforts to ensure protection of customers’ money.

Minimum deposit required for funding new accounts:
Our accounting department is ready to help you fund your new account or add funds to an existing account. For Standard Dealing Desk Accounts the minimum deposit is $ 500, and for the No Dealing Desk Accounts the minimum deposit is $ 2000.
Deposit instructions:
You must open a web account and associate it with your live account to insure security of transactions in your account

How to do so?
1. Open web account
2. Login and associate your Live Trading Account with your Web Account
3. Login to your Web Account and click 'Make a Deposit"

Deposit methods
1- Bank wire transfer
A wire transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender nor the recipient of the money sees or touches the actual funds.
Deposit Time
1-5 business days SigmaForex does not guarantee deposit times in the event of a margin call

Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.
Withdrawal Eligibility
Immediate availability

Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.
2- E-gold payments
Open www.e-gold.com- Create new e-gold account - Issue transfer request from your e-gold account to SigmaForex e-gold account.
Deposit Time
Immediate deposit SigmaForex does not guarantee deposit times in the event of a margin call
Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility
Immediate availability
Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

You do not have an account yet?
Open Live Account

Monday, March 9, 2009

Gov. Paterson makes a commitment in black and white to scale back tax and fee hikes

We direct readers to the righthand side of this page, where Voicer David A. Paterson offers excellent thoughts about how New York should use the billions of dollars that Washington appears poised to send this way.
He makes the case that Albany's priority should be to spare New Yorkers from tax and fee hikes should the feds deliver major new aid under the economic stimulus package working its way through Congress.
That's exactly the right prescription - and highly welcome from this particular Voicer, as he happens to be governor and therefore well-positioned to make it reality.
Raising taxes must be an absolute last resort, whether in Albany or in Washington. Such a step would further weaken an already devastated economy, particularly in New York, home of one of the heaviest tax burdens in the nation.
To his credit, Paterson tried to avoid tax hikes in steering the state through its worst fiscal crisis since the Great Depression. But even chopping spending by $10 billion wasn't enough - not in the face of a whopping $15.4 billion in deficits.
To make up the difference, Paterson proposed more than $5 billion in tax and fee hikes - including a highly unpopular 18% levy on sugar-sweetened soda. He acknowledged that all New Yorkers would feel the bite.
But now, Congress is debating a bailout for state and local governments that could mean huge infusions of aid in the next two years. Predictably, targets of Paterson's cuts are making claims on the money. Leading the pack is the health care industry.
Paterson sought to rein in New York's Medicaid program, by far the costliest in the country. But hospitals have responded with alarmist TV ads implying that he will force them to close without more cash.
The governor and Legislature would ill serve taxpayers were they to use the arrival of short-term federal cash as an excuse to avoid long-overdue, long-term spending discipline.

Paterson gets the point. He writes:
"I want to assure the readers of the Daily News - and all New Yorkers - that we hope to eliminate many of the tax and fee proposals put forth in my budget if we can secure a significant amount of federal aid to help close our deficit."
The more, the better, governor.
If lawmakers use this temporary windfall to increase spending, they'll leave the state in an even deeper hole when the cash dries up.
Rolling back tax and fee hikes is the more responsible option. So says the Voice of the People.
The terror toll rises
One more name has been added to the roster of the 9/11 murdered. One more soul has been appended to the terror attack's toll. It is sadly fitting, and the terrible number now stands at 2,752.


[SigmaForex Withdrawal Methods]

To withdraw funds from your account Please make sure that you have sufficient funds in place to cover the the necessary margin required for your open positions, after your requested withdrawal.

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Zimbabwe dictator Robert Mugabe's birthday bash is enough to make you sick

What do you get for the dictator who has everything? What do you get for a man whose homicidal policies have starved his people by the millions? Apparently, you get him food. Fancy food. Lots of it.

Zimbabwe's Robert Mugabe is turning 85, and the political party he controls has put out a wish list of requested donations for a bash, according to The Times of London, which got the list from what the paper calls a reliable source.
It includes: 2,000 bottles of Champagne, 8,000 lobsters, 4,000 portions of caviar, 8,000 boxes of Ferrero Rocher chocolates and 3,000 ducks.
The request adds: "No mealie meal." That's the ground corn most Zimbabweans eat - or did, before the economy collapsed. Sick to your stomach yet?


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Robert Mugabe swears in foe Morgan Tsvangirai as Zimbabwe prime minister

HARARE, Zimbabwe- Zimbabwean President Robert Mugabe swore in his longtime rival Morgan Tsvangirai as prime minister Wednesday, ushering in a unity government in an extraordinary concession after nearly three decades of virtually unchallenged rule.
There had been pressure for Mugabe, who remains president in the coalition, to step down altogether and questions remain about whether the partnership can work.
While Mugabe recently declared "Zimbabwe is mine," he went further Wednesday than many would have expected. He stood to face Tsvangirai as an equal in a white tent on the grounds of the presidential palace.
Regional leaders watched from the tent and Zimbabweans across the country watched on state TV as Tsvangirai raised his right hand and declared: "I will well and truly serve Zimbabwe in the office of prime minister of the Republic of Zimbabwe, so help me God."

Both Tsvangirai and Mugabe were relaxed and smiling during the brief ceremony, which also included the swearing-in of Tsvangirai's deputies, Arthur Mutambara of a breakaway opposition party and Thokozani Khupe of Tsvangirai's party.
Together, Tsvangirai and Mugabe will be under pressure to act quickly to alleviate the suffering of impoverished Zimbabweans. The country's economic collapse — for which Tsvangirai holds Mugabe responsible — has led to the world's highest inflation rate, left millions dependent on international food aid, and caused a cholera outbreak that has killed some 3,400 people since August.
Neighboring leaders who pushed for the coalition said that once they had joined in the unity government, the two men would overcome mutual mistrust and work together for the good of their country.

The two men have clashed repeatedly since the decade-old opposition Movement for Democratic Change emerged as the most serious threat to the ruling regime since independence.
Tsvangirai has been beaten and jailed by Mugabe's security forces. In 2007, police attacked him after he held an opposition meeting the government had banned. Images shown on news broadcasts around the world of his bruised and bloodied face came to symbolize the challenges his movement faced.
Mugabe, who turns 85 on Feb. 21 and has been in power since independence from Britain in 1980, had in the recent past treated the 56-year-old Tsvangirai as a junior partner at best, often not bothering to hide his contempt.
But Tsvangirai won the most votes in the first round of presidential election held almost a year ago, and withdrew from a June runoff only because of attacks on his supporters.


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Zimbabwe judge held over MDC bail

Police in Zimbabwe have arrested a magistrate who ordered the release of MDC ministerial nominee Roy Bennett.
Other magistrates in the town of Mutare have gone on strike in solidarity with Livingstone Chipadze, officials say.
"It is frightening if a magistrate is arrested because he has passed a judgment that is not popular with the state," Mr Bennett's lawyer said.
Mr Bennett remains in custody. He was seized on the day MDC ministers joined a power-sharing government.
He is accused of links to an alleged plot to kill President Robert Mugabe.
But the Movement for Democratic Change (MDC) says the arrest is a political manoeuvre by hard-line supporters of Mr Mugabe to destabilise the unity administration.
Warrant seized
Zimbabwean journalist David Farira in Mutare, on Zimbabwe's eastern border, says Mr Chipadze faces charges of criminal abuse of office.
Magistrate Chipadze is accused of improperly allowing Mr Bennett's lawyers to post bail of $2,000 and complying with other bail conditions on Tuesday.
After the bail money and his passport had been deposited with the Clerk of Court, a warrant to free Mr Bennett was issued.
Mr Farira told the BBC the warrant was immediately seized by a senior prison official, who then disappeared with it.
It is not immediately clear when Mr Chipadze will be taken to court.

Mr Bennett was granted bail by the High Court last week but the Attorney General office immediately appealed against the ruling.
The Supreme Court on Wednesday allowed the appeal to proceed and ruled that Mr Bennett would remain in custody until the case was heard.
Mr Bennett is a white farmer, whose land has been seized under Mr Mugabe's land reform programme. Some of his employees were killed and assaulted during the violence.
An MP since 2000, he was jailed in 2004 after pushing a minister in parliament during a heated debate about land reform.
After being accused of links to the alleged plot to kill Mr Mugabe in 2006, he fled to South Africa, saying he feared for his life.
Long-time rivals President Robert Mugabe and MDC leader Morgan Tsvangirai last month formed a unity government after months of wrangling.
They pledged to make reviving the economy a top priority, but analysts say Mr Bennett's arrest is causing serious difficulties for the fledgling administration.


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Zimbabwe PM's wife dies in crash

The wife of Zimbabwe's Prime Minister Morgan Tsvangirai has been killed in a car crash in which he was also slightly hurt, party officials say.
Susan Tsvangirai was travelling with her husband south of Harare when their vehicle was in collision with a lorry.
Mr Tsvangirai, leader of the Movement for Democratic Change (MDC) party, formed a unity government with President Robert Mugabe last month.
Mr Mugabe and his wife have visited his former long-term rival in hospital.
Speaking outside the private clinic in Harare, Mr Tsvangirai's spokesman James Maridadi said of the prime minister: "I saw him. I spoke to him. He walked from the vehicle that brought him to hospital, he is fine."
Finance Minister Tendai Biti, a senior MDC official, also told reporters that Mr Tsvangirai was "stable", adding that doctors would give further details in due course.
State television reported that the prime minister, who will turn 57 next week, had suffered some injuries to his head and neck.
The report quoted police spokesman Wayne Bvudzijena as saying that a lorry carrying freight had crossed into the lane in which Mr Tsvangirai's 4x4 was travelling and had side-swiped his vehicle, causing it to roll over three times.
The prime minister was on his way to his rural home in Buhera, where he planned to hold a weekend rally, when the crash occurred near Beatrice at about 1600 local time (1400 GMT).
The AFP quoted an MDC minister as saying the driver of the lorry had been asleep at the wheel.
The BBC's Peter Biles in Johannesburg says that given the fierce rivalry between Zimbabwe's political parties, there will - inevitably - be speculation about the cause of this crash.
So far, though, officials of Mr Tsvangirai's MDC party have said nothing to suggest that there may have been foul play, our correspondent says.
All Zimbabwe's roads are in a poor state of repair, after years of neglect and the collapse of the country's infrastructure, he adds.

'Source of strength'
The crash comes just two days after Mr Tsvangirai delivered his maiden speech to parliament after being sworn in as prime minister in Zimbabwe's power-sharing government.
He and his wife Susan, who married in 1978, had six children.
Thabitha Khumalo, a member of parliament for the MDC who is in Scotland for an international women's conference, told the BBC that the loss of Mrs Tsvangirai, whom she had known well, was a "huge blow" for the country.
"It is a very sad day for me and for all Zimbabweans, whether they be at home or abroad. She was a mother figure for the whole nation," she said.
"Few people knew about her work. Whenever they saw her she was accompanying her husband to court or to vote, but very few people knew she played a very crucial role behind closed doors...
"She was a pillar of strength to [her husband]. In a struggle like his, you need someone to lean on and she was always there for him."
The BBC's Andrew Harding in Johannesburg says that Mrs Tsvangirai was very discreet and stayed out of the limelight, but was a very important part of her husband's life.
She was a great source of strength to her husband when in the past he was charged with treason and assaulted for his opposition to Mr Mugabe, and sat through all his treason trial, our correspondent says.
She also made a point of visiting MDC members who were jailed while the party was in opposition, he adds.
Her death comes at a very challenging time for the fledgling power-sharing government, our correspondent says, and will only make matters more complicated.
Mr Tsvangirai still relied on his own security teams and used his own convoys when he travelled, he adds, in a sign that he was not entirely comfortable with the security provided by the new government.
Tense relations
The UK's Foreign Office expressed "deep sadness" at the news of Mrs Tsvangirai's death.
"We are deeply saddened to hear news of Susan Tsvangirai's death and we offer our condolences," a spokeswoman said. "We are monitoring the situation closely."
Relations between the MDC and Mr Mugabe's Zanu-PF party remain tense, with MDC ministerial nominee Roy Bennett still in custody, accused of links to an alleged plot to kill Mr Mugabe.
The MDC says the arrest - which happened on the day MDC ministers joined the power-sharing government - is a political manoeuvre by hard-line supporters of Mr Mugabe to destabilise the unity administration.


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