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Live Chat Agents

September 22, 2017 MQL5: Traders' Blogs 0

Nurturing Business Potential with Chat Answering Service

In today’s business world, just providing a quality service or a product is not sufficient to ensure growth until and unless backed up by helpful and supportive live chat operators. Keeping this in mind, the efforts of DeskMoz are directed towards providing unparalleled live chat services on 24*7 bases, helping the clients to nurture the business potential. DeskMoz, as stated in its website http://deskmoz.com/, renders quality services, which allure the customers or the end users to connect with its services. The belief system of DeskMoz supports the view, Retain the customers at any cost. It believes in fulfilling the customer requirements and giving them full satisfaction at all times. DeskMoz has provided the platform to the business houses to connect with the customers as and when it is needed. The company is serving in the era in which online business dealings, such as sale and purchase of products through internet, are in

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China’s finance ministry: S&P’s ratings decision neglects the characteristics of China financial market’s financing structure

September 22, 2017 TeleTrade. Market news 0

S&P’s decision neglects China’s sound economic fundamentals, development potentials China will stick to prudent monetary policy China is able to maintain stability of its financial system

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S&P doesn’t see direct link of China sovereign rating with movements in China’s yuan

September 22, 2017 TeleTrade. Market news 0

China’s urbanisation spurring mortgage borrowing despite bank restrictions on loans for home purchases Longer-term trends in China’s yuan depends on investor perception of economic performance, pace of capital account liberalisation Still …

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Complete Preview Of Theresa May’s “Florence” Brexit Speech

September 22, 2017 Tyler Durden 0

On Friday – a day many have called  “the most important day for Brexit since the referendum” – Theresa May will delivers her much anticipated Brexit speech in Florence. The roughly 5000-word speech is scheduled at begin around 09:15 EDT and is expected to provoke an immediate response from Brussels.

Among the flurry of last minute preparations, earlier this week, the Telegraph reported that Foreign Secretary Boris Johnson will resign if May veers toward a “Swiss-style” EU arrangement in her speech (more here). Earlier today, BBC Political Editor Laura Kuenssberg reported that May’s Friday speech will say the UK willing to pay €20BN during transition period “BUT only if we have access to single market + some form of customs union.” As RanSquawk added, the €20BN does not cover long term liabilities, so the eventual total departure bill to taxpayers will potentially be far higher.

Taking a step back, here is a bigger picture preview of what is known – and unknown – about tomorrow’s speech courtesy of RanSquawk

What will May Say?

Few specific details are available on what UK Prime Minister Theresa May will cover in her speech, to be delivered from Florence, Italy, on 22 September. However, it is expected that the material will be significant given that the UK delayed the fourth round of Brexit talks (which were set to take place in the week of 25 September). A spokesperson for May has been quoted as saying that the speech would outline the UK’s hopes for a “deep and special partnership” with the EU following Brexit. May was said to have discussed the particulars with her Cabinet on Thursday 21 September. At the time of publication, no firm details have been leaked, although a BBC reporter was told that May will seek a transitional agreement, with a time frame of two years being touted.

“In the wake of slow progress on Brexit negotiations, the United Kingdom may be preparing to adjust its approach,” analysts at Stratfor write. “Brexit negotiations have achieved limited progress so far, and the EU side has warned that talks are still far from the ‘sufficient progress’ necessary to move to their second phase, which is meant to address the future bilateral relationship” which the UK was eager to begin in October.

One theory that is gaining traction, therefore, is that the UK will offer some concessions to the EU which will help move the discussions on.

Tensions Within May’s Cabinet

The secrecy surrounding her speech was causing tension in May’s Cabinet. Reports in the Telegraph newspaper suggested that Foreign Secretary Boris Johnson would tender his resignation if May pivoted towards a ‘Swiss-style’ arrangement. The news drove sterling higher, with traders seemingly taking comfort from the idea that some of the more extreme, ‘hard’ voices around May would leave the Cabinet, allowing her to pursue a ‘softer’, more amenable deal.

However, the story was denied and it has been subsequently reported that May made moves to appease Johnson; the Telegraph reported “the Cabinet truce over Britain’s future payments to the EU involves paying substantial sums to the bloc, but no further payments after Britain’s transition period.”

The FT later wrote that PM May believes the UK can achieve a “bespoke” final deal with the EU, and May reportedly said neither a Canadian-style nor a Norway-style deal for single market was appropriate for the UK.

Divorce Bill

The Financial Times this week reported that the UK was set to make an “offer to fill a post-Brexit EU budget hole of at least €20bn” in an attempt to settle its so-called “diovrce bill.” The FT adds “UK officials have indicated Britain would ensure no member state would have to pay more into the EU budget or receive less money from it until 2020, the end of EU’s current long-term budget planning period. The expected hole in those two years after Brexit would be at least €20bn when payments the UK receives back from Brussels are excluded.

“A figure of €20bn is pretty close to estimates for what the UK’s net contribution to the EU budget would have been under the status quo ‘Remain’ scenario,” say analysts at RBC Capital, “however, it is unlikely that monies relating to the current EU budget period will be the end of the financial settlement negotiation between the UK and the EU.” Later reports, which followed Ma’s Cabinet meeting, suggested any financial settlement – which May would not directly address in her speech – would be contingent on single market access.

It is unclear how the EU might respond, given earlier demands from some suggesting a figure of as much as €60bln may be needed.

“On the EU side, any response next week which hints progress is sufficient to move towards discussing the future UK-EU trade deal before year end should be supportive of a view that the two-year Article 50 process isn’t too far off-track,” RBC says.

Transitional Period

May is also expected to acknowledge the need for a transitional period to avoid a ‘Brexit cliff’, where the UK would continue to abide by EU rules in some areas, while phasing out a withdrawal in other areas. “While the British government seemed to be aiming for a two-year transition, we have been told May prefers a longer hiatus of three years, which would give her enough time to prepare for elections, to be held on their scheduled date, in 2022,” analysts at SGH Macro argue.

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Want more? Here is another preview, this time from Barclays?

Media speculation is mounting over the content of UK PM May’s Brexit Speech in Florence tomorrow. This is the first big Brexit-specific speech by the PM following the General Election. It is designed to outline the basis for negotiations at the fourth round of EU-UK negotiations in Brussels next week. Following that, the UK Conservative Party Conference will take place on 1-4 October, where PM May will need to satisfy her own party members with regards to the tone set over Brexit. Hence, the challenge for the PM in her speech will be to appear constructive to her EU partners, so as to advance the negotiation process, while at the same time not angering those within her own party, who may prefer a less accommodative course vis-a-vis the EU in the negotiations.

May is expected to outline three key issues – The transition, the EU withdrawal bill, and the future relationship.

  • Transition – Highlights were provided by Chancellor Hammond last week. He insisted that the UK will leave the Single Market and the Customs Union in March 2019. The UK will seek to maintain the status quo of trade and access. A two-year transition period is seen as most likely to stop cabinet in-fighting.
  • EU Withdrawal bill – PM May is likely to commit to the UK paying what is deemed reasonable during a transition period. Her traditional style has been vague and there is a chance she may continue with this approach, and stop short of stating an actual figure that could leave herself open to attack during the upcoming Tory Party conference. However, press speculation is mounting of a £20bn figure as a starting point for negotiations, conditional upon access to the single market and some form of Customs Union (source: BBC). We expect an eventual figure in the region of £40-50bn may be negotiable. The reaction to this from Brussels and the UK media will be important for PM May going into the Tory Party conference.
  • Future relationship – Hammond gave some colour last week, focusing on financial services, and recognised concerns about the UK potentially deviating from high EU regulatory standards. We expect PM May to reiterate the importance of regulatory homogeneity in the short run. May is likely to try to insist on the need for the UK to negotiate trade deals, even if legally, this cannot begin until the second phase of negotiations.
  • Reaction following the speech: The key to watch here would be the reaction from EU’s chief Brexit negotiator, Michel Barnier, as well as the UK press. The speech lays the foundations for the EU-UK negotiations next week, and EU officials have voiced increasing frustration over delays, bearing in mind that the principles for the first phase of negotiations, covering  guarantees, commitments on citizens rights, are due to be agreed between October to December before it is possible to move on to trade issues in Phase 2.

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The Fun-Damentals of Forex Trading

September 22, 2017 Social Team 0

Forex trading is often described as a stressful endeavor. Staying awake during the Asian session, watching squiggly lines all day and trying to control your sweaty palms ahead of major news announcements aren’t everyone’s idea of a good…

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The secret behind Tunisians and Moroccans eating donkey meat

September 22, 2017 Middle East Monitor 0

In Bab El Khadra, one of the most famous historic neighbourhoods of the medina of Tunis, the capital of Tunisia, there is a butcher’s shop that sells horse and donkey meat. Tunisian and Moroccan customers come to buy this type of meat, which is subjected to strict health control of the Ministry of Health and the municipal police in Tunisia. Different social groups do not stop going to this shop to buy the meat it sells until the end of the day. Hussain Shushan, one of the chief butchers in this shop, confirmed to Huff Post Arabi that he inherited this profession from grandfather to son, and that he specialised particularly in selling donkey and horse meat. His grandfather inherited this profession […]

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Erdogan, Trump hold talks in New York

September 22, 2017 Middle East Monitor 0

Turkey’s President Recep Tayyip Erdogan on Thursday met with US President Donald Trump in New York, in a highly anticipated meeting between the two leaders. “We are going to conduct a bilateral meeting with my dear friend Donald, as well as a discussion between the delegations,” Erdogan said ahead of the meeting on the sidelines of the annual UN General Assembly. “I would like to thank you once again for this opportunity,” he added. Trump had high praise for his Turkish counterpart and said it was a “great honor and privilege — because he’s become a friend of mine,” as the two men made brief remarks to reporters. “He’s running a very difficult part of the world. He’s involved very, […]

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Algeria: six government banks to offer islamic banking by 2018

September 22, 2017 Middle East Monitor 0

On Thursday, Algeria’s Prime Minister, Ahmed Ouyahia, announced that Islamic banking and financial services are to be approved in two public government banks before the end of this year and will be approved in four other banks in 2018. This announcement came during Ouyahia’s response to the deputies of the People’s National Assembly (the first chamber of the parliament) during the ratification session of the government’s plan of action. The government’s action plan won 341 votes out of 462, the total number of deputies in the first chamber, against 64 opposed votes and 13 abstentions. Ouyahia explained that Islamic financial services (Islamic banking and instruments) will be approved in two government banks before the end of this year, without giving […]

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Florida Parents Outraged After Teacher Demands Her 5th Graders Use Gender Neutral Pronouns

September 22, 2017 Tyler Durden 0

Over the past year or so, we’ve observed in amazement as one ‘institution of higher indoctrination’ (a.k.a. “university”) after another came up with replacement pronouns for politically incorrect ‘hate speech’ like ‘freshman’.  Vanderbilt even forced its teachers and administrators to wear name tags defining their pronouns just so there would be absolutely no gender confusion that might lead to a nasty “triggering” event or unnoticed “microaggression (see: Vanderbilt University Name Placards For Faculty Offices Will Now Include “Preferred Pronouns”).

Vanderbilt made nametags recently & many included a preferred pronoun section. This is real life: pic.twitter.com/LeT7BCkdmA

— Clay Travis (@ClayTravis) September 6, 2016

 

But, while such things are expected from our millennial youth on progressive college campuses, parents of a 5th grade class in Tallahassee, Florida were somewhat shocked when they received a letter from “Mx. (pronounced Mix)” Bressack demanding that her students only refer to her using gender neutral terms like ‘Mx.’ instead of ‘Ms.’ and “they, them, their” instead of “he, his, she, hers.”  Per the Tallahassee Democrat:

“One thing that you should know about me is that I use gender neutral terms. My prefix is Mx. (pronounced Mix). Additionally, my pronouns are “they, them, their” instead of “he, his, she, hers”. I know it takes some practice for it to feel natural, but my experience students catch on pretty quickly. We’re not going for perfection, just making an effort! Please feel free to reach out to me or administration if you have any questions. My priority is for all of my students to be comfortable in my classroom and have a space where they can be themselves while learning.”

 

Of course, it didn’t take long for the parents of Mx. Bressack’s students to post their outrage to a Facebook group called “Tally Moms Stay Connected.” One mom bluntly asked  “is this fucking for real?” while another dad wondered whether it might makes sense to just stick to teaching math and science if your job is to be a math and science teacher.

 

Meanwhile, principal Paul Lambert assured parents that Mx. Bressack enjoyed his full support but that “teachers in our district will not be allowed to use their influence in
the classroom to advance any personal belief or political agenda.”

“We support her preference in how she’s addressed, we certainly do,” Lambert said. “I think a lot of times it might be decided that there is an agenda there, because of her preference — I can tell you her only agenda is teaching math and science at the greatest level she can.”

 

Lambert acknowledged there have been some calls to the Canopy Oaks front office regarding the letter.

 

“There has been some (contact from concerned parents), the thing that has brought good understanding is, it’s not a preference that’s being applied to anyone other than the teacher.”

 

“According to Principal Lambert, the teacher addresses students daily by using the pronouns he, she, him and her.  The teacher also uses ma’am and sir when responding to students. As a personal preference, however, the teacher simply prefers to be referred to in gender neutral terms as that of a coach,” Hanna wrote.

 

“I can assure you that teachers in our district will not be allowed to use their influence in the classroom to advance any personal belief or political agenda. At this time, I do not believe that is the case in this instance.”

So what say you…necessary step toward forming a more perfect progressive society or just complete insanity?

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