Why Putin Supporting Syrian President ?

Seems that Putin does not have TV or Syrian refugees did not arrived Moscow yet? Questions in my mind needed a clear answer when i see Russia is embarking on its most ambitious military campaign outside former Soviet borders in more than three decades, launching airstrikes against mainly Sunni militants at the request of embattled Syrian President Bashar al-Assad.

Russian pilots began bombing on Wednesday, the same day President Vladimir Putin passed a measure through parliament authorizing the use of force. The bold move has already pushed the U.S. and its allies to backpedal on demands for Assad’s immediate ouster by shifting the balance of power in the country’s 4 1/2 year civil war.

Russia has a “large expeditionary force on the ground at the moment in Syria and it’s likely to expand,” said Robert Munks, editor of IHS Jane’s Intelligence Review. “It’s already capable of inflicting quite a lot of damage on insurgent positions.”

Here are some answers to questions about Russia’s stated intentions, capabilities and strategy, based on conversations with analysts and officials.

Say “Welcome” to Google new tablet

Google as usual seems to be an stoppable and challenging them selves before their competitors.

Lately unveiled a high-end tablet featuring a detachable keyboard, taking on similar devices offered by Microsoft Corp. and Apple Inc.

The new Pixel C sports a 10.2-inch screen and starts at $499 with 32 gigabytes of storage, Andrew Bowers, Google’s director of consumer hardware, said at an event in San Francisco. The device is part of Google’s Pixel lineup, a series of high-end laptops that struggled to find widespread market adoption. The new gadget will be available in time for the holiday shopping season, he said.

Google, while traditionally focused on consumers, is stepping up efforts to introduce products tailored for business customers. Although the Pixel C is a tablet, with a touch screen, it’s also designed to replace a traditional laptop. Microsoft was one of the first major technology companies to embrace that configuration when it introduced the Surface tablet computer in 2012. And earlier this month, Apple took the wraps off theiPad Pro, a bigger version of its tablet (also with a detachable keyboard) aimed at corporate users.

Gold loses $20 in Monday

The Gold price fell sharply today cause of the strong US Dollar and reached $1127.50 by the end of the day, as relatively optimistic personal income data reinforced the argument for an imminent interest rate hike by the Federal Reserve.

On the Comex division of the New York Mercantile Exchange, gold for December delivery traded in a broad range between $1,127.50 and $1,147.80 a troy ounce before settling at $1,133.60, down $12 or 1.05% on the session. Last week, gold peaked at a September high of $1,155 an ounce after Fed chair Janet Yellen said it is likely the U.S. central bank will raise its benchmark Federal Funds Rate at some point this year. In spite of a volatile month of trading, gold futures are up roughly 1% in September after opening the month around $1,125 an ounce.


Gold likely gained support at $1,104.10, the low from Sept. 14 and was met with resistance at $1,149.80, the high from Sept. 25.

On Monday morning, the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) said its Personal Consumption Expenditure (PCE) Index increased by $54.9 million or 0.4% in August, or at the same rate as its increase a month earlier. Personal income rose by 0.3% last month, following an upward revision of 0.1% in July to 0.4%.

Crude Oil over $46 today

The  Oil price rose over yesterday price after the U.S. jobs data that will offer clues to the health of major developed economies in the coming week while the malaise gripping emerging markets is expected to prompt India to cut interest rates.

China may release monthly foreign exchange reserve data indicating how much more the central bank has spent on steadying the yuan following Aug. 11’s surprise devaluation.

Catalans vote on Sunday in a regional election which separatist parties are framing as a proxy referendum on independence from Spain while polls point to no clear winner in Portugal’s Oct. 4 election.

Wednesday’s flash reading of September’s annual euro zone inflation is expected at zero, although core inflation, which excludes volatile energy prices, is seen at 0.9 percent for a third consecutive month.

A negative headline inflation reading, which would be the first since March, would fuel speculation about further European Central Bank stimulus, six months after the euro zone’s central bank launched a 1 trillion-euro-plus asset-purchase program.

On Wednesday, however, a surprisingly hawkish-sounding Mario Draghi said the ECB needed more time to assess whether China’s slowdown, particularly its impact on commodity prices, cheap oil and a rising euro, would slow inflation further.

Even if inflation turns negative again, deflation risks remain low, Unicredit (MILAN:CRDI) analysts said in a note, with a fading of the base effect from 2014’s plunge in energy prices likely to push the headline rate higher by year-end.

Friday’s non-farm payrolls data is expected to show the U.S. economy added 203,000 jobs in September with the unemployment rate holding steady after falling in August to 5.1 percent, its lowest since April 2008. Wage growth, a focus for Federal Reserve policymakers, also accelerated last month.

Buoyant labor market data would revive expectations of a first U.S. interest rate rise in nearly a decade, after a sharp selloff in global financial markets sparked by worries about China’s economy prompted the Fed to hold fire this month.

Fed Chair Janet Yellen said on Thursday she expects the U.S. central bank to begin raising rates this year as long as inflation remains stable and the U.S. economy is strong enough to boost employment. Her comments lifted the dollar on Friday.

The Fed has two more chances to hike this year, at meetings in October and December. A Reuters poll this week found 72 of 93 economists expected a rise in December. Only nine foresaw a move next month and eight predicted the decision would be deferred to the first quarter of 2016.

“We continue to favor a December rate hike,” wrote Commonwealth Bank of Australia economists in a note. “But on the back of Yellen’s comments today the risk is that the Fed pulls the trigger in October.”

A number of Fed policymakers are due to speak next week, which could help hone views on the likely timing of a hike.

The Reserve Bank of India is seen cutting interest rates for the fourth time this year when it meets on Tuesday, as falling energy prices have cooled inflation and the economy has slowed.

A Reuters poll forecast a 25 basis point reduction to 7.0 percent, a four-year low.

Purchasing Managers’ surveys on Thursday will give further clues to the strength of China’s economy, after a similar release this week showed factory activity at a 6-1/2 year low, while the central bank may also release FX reserves data.

The $93.9 billion decline in China’s reserves in August, reflecting central bank intervention around the yuan’s devaluation, was the biggest monthly fall on record and marked an 11 percent drop from a June 2014 peak.

Capital outflows have escalated as fears grow that the world’s second-largest economy is slowing as U.S. interest rates look set to rise, although at $3.557 trillion in August, China’s FX reserves remain the world’s biggest.

GE pushes 1,000 jobs in UK

General Electric (NYSE:GE) Co. in their way to show the United Kingdom that they be able to support the national economic after reached an agreement with Britain’s export credit agency for up to $12 billion in financing, possibly creating as many as 1,000 jobs in the country.

The deal is the latest sign of U.S. exporters’ unhappiness at the winding down of the U.S. Export-Import Bank, which lent money to foreign customers of U.S. exporters. Its charter lapsed on June 30 after conservatives in the U.S. Congress cast it as a promoter of “crony capitalism.”

GE is already shifting jobs overseas because of the lack of U.S. export financing and plane-maker Boeing (NYSE:BA) Co, the largest U.S. exporter, has threatened to do the same.

GE said on Thursday its deal with UK Export Finance, a department of the UK government, would support orders for oil and gas and other energy projects in Brazil, Ghana, India, Mozambique and other countries. The jobs are dependent on GE winning bids for the work.

Only last week, GE cited the absence of Ex-Im financing when it announced plans to shift up to 500 U.S. power-turbine manufacturing jobs to Europe and China. It also stopped considering U.S. locations for a new development center for turboprop engines, selecting Europe instead.

GE Chief Executive Jeff Immelt has been actively campaigning on Ex-Im, telling reporters recently that more U.S. jobs are likely to move overseas unless the bank is revived.

GE has previously said it was seeking financing from other export credit agencies to save a $350 million locomotive deal with Angola that has lost access to Ex-Im support. That deal involved 100 diesel-electric locomotives to be built in Erie, Pennsylvania.

“In today’s competitive environment, countries that have a functional export credit agency (ECA) will attract investment,” Immelt said in a statement. “Export finance is a critical tool we use to support our customers. Without it, we can’t compete against foreign competitors who enjoy ECA financing from their governments.”

Boeing Co Chairman Jim McNerney has said the world’s biggest aircraft maker is actively looking at moving “key pieces” of its operations to other countries, given uncertainty about the future of the Ex-Im Bank.

Smart Forecast, The Exclusive Tools from ActivTrades

After reading the hand book for those advanced tools i found out that:

The SmartForecast gives you three consecutive target prices. Please note that their places on the chart are not indicative of the time that those prices will be reached and can be reached at any time.

Price 1 is calculated using the short-term resistance and support lines.

Price 2 is calculated using the long-term resistance and support lines.

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VW’s share lost 19% on Monday

After the big scandal of cheating on emissions tests in the US market, the 68-year-old CEO said on Sunday that he was “deeply sorry” and promised a thorough investigation, he didn’t specifically comment on his role. That uncertainty puts him on the hot seat as top supervisory board members gather on Wednesday. The full board will meet on Friday, when it was supposed to sign off on a contract extension though 2018.

VW said on Monday that 11 million cars globally, more than its annual sales last year, were outfitted with the tainted diesel engines. The company set aside 6.5 billion euros ($7.3 billion) in an initial tally of potential costs.

The shares, which lost 19 percent on Monday, continued to tumble Tuesday, falling as much as 23 percent to 101.35 euros in Frankfurt trading. The stock has now dropped about 38 percent since the scandal broke late Friday, wiping out about 25 billion euros in market value.

Volkswagen executives convened by phone over the weekend to discuss the so-called defeat device uncovered by clean-air researchers. In a tense exchange, blame was passed around, but no one asked Winterkorn whether he knew about the software, according to a person familiar with the conversation, who asked not to be identified because the talks were private.

Addis Ababa’s citizens celebrates their $475-million Light Rail

China found a new place on the earth to invest and extend their market by building and funding an urban light rail in the capital of Ethiopia ( Addis Ababa ).

The Light Rail is the first in a raft of Chinese-funded infrastructure projects that Ethiopia’s government says will come online in the next few months and help maintain annual economic growth of more than 10 percent. Another railway along the main trade route to neighboring Djibouti may begin early in 2016, while the Gibe III hydropower dam’s reservoir has started filling, with its 1,870 megawatts capable of almost doubling Ethiopia’s generating capacity.

The operational track, which includes elevated sections and tunnels, runs from Addis Ababa’s main industrial area on its southern fringe, through the trading district of Merkato to the historic center of Piazza. An east-west line skirts the African Union’s headquarters, soars past the main government district and out to modern housing developments.

The Ethiopian Railways Corp. service, which will be run and maintained by Shenzhen Metro Group and China Railway Engineering Corp. for five years, may eventually carry 60,000 passengers an hour, according to project manager Behailu Sintayehu. The second line will start running when China Electric Power Equipment Technology Co., another state-owned company, finishes connecting it to a dedicated electricity supply, he said in a text message on Monday.

A ticket for the 17-kilometer journey across the city of at least 3.24 million people is priced at 6 Ethiopian birr ($0.29), and the line will cost about 1.5 billion birr a year to run, Workneh said. “The government is subsidizing this transportation system, this is not for commercial purpose, it’s for the public,” he said.

The government agreed to borrow the funds in June 2011 from the Export-Import Bank of China at the 6-month Libor interest rate plus 2.6 percent and a grace period of three years, according to Ethiopian Finance Ministry data. State-owned contractor China Railway Engineering Corp. was the recipient of the export financing and completed construction in less than two years.

The loan, which is part of Ethiopia’s growing total public debt of around 60 percent of gross domestic product, will be paid back partly by profitable rail projects, Workneh said.

Frankfurt International Motor Show this week

Big show in Frankfurt international motor show this week for the world car makers whether with ultra-luxury sport utility vehicles or electric sports cars, automakers are increasingly stretching beyond their traditional niches to weather the pressures of slowing growth.

the world’s car makers pulled off a dizzying number firsts, including Jaguar sending its new F-Pace crossover spinning through a giant loop and Porsche unveiling an all-electric sports car that features holographic apps that can be grabbed out of the air.

Beneath the glitz is an industry straining to meet increasing demands for new technology, including cleaner engines and self-driving features, which could add more than $10 billion in research and development spending by 2021, according to AlixPartners. Those extra outlays come with growth in global car sales set to slow to 2.6 percent on average over the next five years from 3.1 percent between 2007 and 2014, according to a study by the consulting firm. Those pressures are prompting carmakers to cast taboos aside.

“A profound revolution is underway that represents a fundamental evolution in using cars,” German Chancellor Angela Merkel said Thursday when the Frankfurt show opened to the public. “That’s been made clear here.”

Apple won this round

We all know about the battle between the two giants of the smartphone market ( Apple and Samsung ) generally around the world and especially in the United States, As they were trying to charge each other in the courts.

A U.S. appeals court on Thursday said Apple (O:AAPL) should have been awarded an injunction barring Samsung (KS:005930) from selling products that infringe its patents, handing Apple another victory in its ongoing smartphone fight with its biggest rival.

The U.S. Court of Appeals for the Federal Circuit in Washington, D.C. said the lower court abused its discretion when it denied Apple Inc an injunction after a jury ordered Samsung Electronics Co Ltd to pay $120 million in May, 2014 for infringing three of Apple’s patents.

The case involved Apple patents covering the iPhone’s slide-to-unlock, autocorrect and data detection features.

The 2-1 appeals court ruling said that Apple’s proposed injunction is narrow because it does not want to ban Samsung’s devices from the marketplace, and that Samsung can remove the patented features without recalling its products.

“Apple does not seek to enjoin the sale of lifesaving drugs, but to prevent Samsung from profiting from the unauthorized use of infringing features in its cellphones and tablets,” the court said.

The case was sent back to a federal district court in San Jose, California, to reconsider the injunction.

After the jury verdict last year, U.S. District Judge Lucy Koh in August, 2014 refused Apple’s request for a permanent injunction to stop Samsung from selling the infringing features on its smartphones.

In a statement, Samsung sought to reassure its customers that all of its flagship smartphones will remain available for sale and customer service support.

Calling Apple’s injunction request “unfounded,” a spokeswoman said Samsung will ask the full slate of Federal Circuit judges to review Thursday’s decision.

Apple reiterated its previous comments about the case, saying “Samsung willfully stole our ideas and copied our products.”

In a separate, blockbuster case, the Federal Circuit in May stripped about $382 million from a $930 million judgment against Samsung stemming from a 2012 verdict for infringing Apple’s patents and copying the look of the iPhone. Both companies are now sparring in Koh’s court over a final damages figure in that case.

The impact of Thursday’s decision on Samsung could be limited because the company has been bracing for a possible injunction, said Michael Risch, a professor of law at Villanova University School of Law. Samsung has probably designed around the features or abandoned them already, he said.