OIL WEEK AHEAD: Davos’ Explosive Mix - Forex

Explosive Forex Trading with Live Forex Trading Examples

Explosive Forex Trading with Live Forex Trading Examples submitted by saadmerie to udemyfreebies [link] [comments]

[100% OFF] Explosive Forex Trading with Live Forex Trading Examples

[100% OFF] Explosive Forex Trading with Live Forex Trading Examples submitted by pinxin to udemyfreebies [link] [comments]

This Pattern Could Trigger Explosive Bitcoin Volatility; Crucial Levels to Watch For - Forex & Coin

This Pattern Could Trigger Explosive Bitcoin Volatility; Crucial Levels to Watch For - Forex & Coin submitted by recruit44 to u/recruit44 [link] [comments]

Explosion in forex volatility cheers some, bruises others as virus fears drive swings

Explosion in forex volatility cheers some, bruises others as virus fears drive swings submitted by james33299 to StateoftheUnionNONF [link] [comments]

Explosion in forex volatility cheers some, bruises others as virus fears drive swings

submitted by thefeedbot to OneAmericaNews [link] [comments]

OANN: Explosion in forex volatility cheers some, bruises others as virus fears drive swings

OANN: Explosion in forex volatility cheers some, bruises others as virus fears drive swings submitted by thefeedbot to TheNewsFeed [link] [comments]

@AlphaexCapital : Oil inches higher after report of Iranian tanker explosion https://t.co/LX7yZ6S6K4 #forex #forextrading #investing

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

Ethereum: Vitalik Buterin's explosive comments implode the price, lev... #blockchain #eth #altcoin forex… https://t.co/IEQJdJTzY9 - Crypto Insider Info - Whales's

Posted at: September 10, 2018 at 05:19PM
By:
Ethereum: Vitalik Buterin's explosive comments implode the price, lev... #blockchain #eth #altcoin forex… https://t.co/IEQJdJTzY9
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

Waddah Attar Explosion MetaTrader 4 Forex Indicator- Download Free!

Waddah Attar Explosion MetaTrader 4 Forex Indicator- Download Free! submitted by ForexMTindicators to u/ForexMTindicators [link] [comments]

Summarizing some free trading idea resources I've been using

I've been following many free resources on youtube and twitter to generate trading ideas. Some of them are suspicious; some are more like boasting their wining trades but never post any losing trades. I see many people ask about trading ideas/resources, so I want to briefly share some resources I find useful.

Twitter resources:
  1. @ TicTocTick


  1. @ tradingwarz


  1. @ traderstewie


Youtube resources:
  1. Conquer trading and investing. https://www.youtube.com/channel/UCN2WmKUchJpIcS1MupY-BuA


  1. Blaze Capital: https://www.youtube.com/channel/UCq0BCGckWWjrnV8YdYO24JA
Other notes:
  1. The scalping trades in the morning is not very suitable for small accounts since they will trade for example 100 shares of BA (~160) to scalp a few dollars per share.
  2. Even though the stocks on their weekly watchlist does well very, one still need to come up with an actionable plan. Very often say they recommend stock A on Sunday, and on Monday it already gaps up big. They sometimes do YOLO options -- big risk big rewards-- options can go to 0.
  3. Besides the free content, everyone can get a free one-week trial for their paid membership, or a 2-week free trial by winning a lottery game on their youtube ( what I did) or knowing someone in their group and get a referral. What I like about the group: (i) very frequently updates each day on SPY and stocks on the watchlist. (ii) all their positions, Profit / Loss are very transparent. I learned a lot about how to manage trades by observing their live trades. (iii) There are many very experienced traders in the group posting their trading ideas, plans, entry/exit, and there are many live discussions. (iv) There's a "helpdesk" in the group where members' questions will be answered in minutes. I often ask about my trading plan, entries/ targets.




Other resources:
  1. Shadow trader free newsletter
https://www.shadowtrader.net/newsletter-category/swing-trade


I've spent much time looking for free contents, and I like the ones above. Also looking forward to hearing about other good/bad resources. I might also update this post if there are enough interests. NFA
submitted by Busy-Valuable to Daytrading [link] [comments]

Cyber - Leading exchange in cryptocurrencies and Forex

With the advancement of science and technology, with the explosion of technology, crypto and Forex transactions are considered the leading trend for smart investors in the digital age. More than anyone else, we - the people with this market experience, skills and knowledge know what you need. And Cyber brings you a revolution in trading, a financial solution not to be missed. Cyber is proud to be one of the leading technology exchanges today.
see more:
https://cyberexchange.io/about-us/
submitted by cyber_exchange to u/cyber_exchange [link] [comments]

How to get news lightning fast for free. Just use TweetDeck to scan for it in real time and nothing will get past you. My keywords this week include: Greece, GBPJPY, GBP/JPY, disaster markets, earthquake, explosion. (GIF in link). (/r/Forex)

How to get news lightning fast for free. Just use TweetDeck to scan for it in real time and nothing will get past you. My keywords this week include: Greece, GBPJPY, GBP/JPY, disaster markets, earthquake, explosion. (GIF in link). (/Forex) submitted by ContentForager to mistyfront [link] [comments]

News in Lebabon = GLD to the moon

I am subscribed to various analysis of the Forex market and today I got an email saying that "Following the explosion in Lebanon, the price of Gold surged to another record high". Can somebody explain how and why such news influence the price of gold?
Wikipedia says that Lebanon exports jewelry, base metals, chemicals, consumer goods, fruit and vegetables, tobacco, construction minerals, electric power machinery and switchgear, textile fibers, paper. Imports: petroleum products, cars, medicinal products, clothing, meat and live animals, consumer goods, paper, textile fabrics, tobacco, electrical machinery and equipment, chemicals
And Lebanon has no data on gold production https://www.gold.org/goldhub/data/historical-mine-production
So.. what is the correlation?
submitted by mocialov to stocks [link] [comments]

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

The Next Crypto Wave: The Rise of Stablecoins and its Entry to the U.S. Dollar Market

Author: Christian Hsieh, CEO of Tokenomy
This paper examines some explanations for the continual global market demand for the U.S. dollar, the rise of stablecoins, and the utility and opportunities that crypto dollars can offer to both the cryptocurrency and traditional markets.
The U.S. dollar, dominant in world trade since the establishment of the 1944 Bretton Woods System, is unequivocally the world’s most demanded reserve currency. Today, more than 61% of foreign bank reserves and nearly 40% of the entire world’s debt is denominated in U.S. dollars1.
However, there is a massive supply and demand imbalance in the U.S. dollar market. On the supply side, central banks throughout the world have implemented more than a decade-long accommodative monetary policy since the 2008 global financial crisis. The COVID-19 pandemic further exacerbated the need for central banks to provide necessary liquidity and keep staggering economies moving. While the Federal Reserve leads the effort of “money printing” and stimulus programs, the current money supply still cannot meet the constant high demand for the U.S. dollar2. Let us review some of the reasons for this constant dollar demand from a few economic fundamentals.

Demand for U.S. Dollars

Firstly, most of the world’s trade is denominated in U.S. dollars. Chief Economist of the IMF, Gita Gopinath, has compiled data reflecting that the U.S. dollar’s share of invoicing was 4.7 times larger than America’s share of the value of imports, and 3.1 times its share of world exports3. The U.S. dollar is the dominant “invoicing currency” in most developing countries4.

https://preview.redd.it/d4xalwdyz8p51.png?width=535&format=png&auto=webp&s=9f0556c6aa6b29016c9b135f3279e8337dfee2a6

https://preview.redd.it/wucg40kzz8p51.png?width=653&format=png&auto=webp&s=71257fec29b43e0fc0df1bf04363717e3b52478f
This U.S. dollar preference also directly impacts the world’s debt. According to the Bank of International Settlements, there is over $67 trillion in U.S. dollar denominated debt globally, and borrowing outside of the U.S. accounted for $12.5 trillion in Q1 20205. There is an immense demand for U.S. dollars every year just to service these dollar debts. The annual U.S. dollar buying demand is easily over $1 trillion assuming the borrowing cost is at 1.5% (1 year LIBOR + 1%) per year, a conservative estimate.

https://preview.redd.it/6956j6f109p51.png?width=487&format=png&auto=webp&s=ccea257a4e9524c11df25737cac961308b542b69
Secondly, since the U.S. has a much stronger economy compared to its global peers, a higher return on investments draws U.S. dollar demand from everywhere in the world, to invest in companies both in the public and private markets. The U.S. hosts the largest stock markets in the world with more than $33 trillion in public market capitalization (combined both NYSE and NASDAQ)6. For the private market, North America’s total share is well over 60% of the $6.5 trillion global assets under management across private equity, real assets, and private debt investments7. The demand for higher quality investments extends to the fixed income market as well. As countries like Japan and Switzerland currently have negative-yielding interest rates8, fixed income investors’ quest for yield in the developed economies leads them back to the U.S. debt market. As of July 2020, there are $15 trillion worth of negative-yielding debt securities globally (see chart). In comparison, the positive, low-yielding U.S. debt remains a sound fixed income strategy for conservative investors in uncertain market conditions.

Source: Bloomberg
Last, but not least, there are many developing economies experiencing failing monetary policies, where hyperinflation has become a real national disaster. A classic example is Venezuela, where the currency Bolivar became practically worthless as the inflation rate skyrocketed to 10,000,000% in 20199. The recent Beirut port explosion in Lebanon caused a sudden economic meltdown and compounded its already troubled financial market, where inflation has soared to over 112% year on year10. For citizens living in unstable regions such as these, the only reliable store of value is the U.S. dollar. According to the Chainalysis 2020 Geography of Cryptocurrency Report, Venezuela has become one of the most active cryptocurrency trading countries11. The demand for cryptocurrency surges as a flight to safety mentality drives Venezuelans to acquire U.S. dollars to preserve savings that they might otherwise lose. The growth for cryptocurrency activities in those regions is fueled by these desperate citizens using cryptocurrencies as rails to access the U.S. dollar, on top of acquiring actual Bitcoin or other underlying crypto assets.

The Rise of Crypto Dollars

Due to the highly volatile nature of cryptocurrencies, USD stablecoin, a crypto-powered blockchain token that pegs its value to the U.S. dollar, was introduced to provide stable dollar exposure in the crypto trading sphere. Tether is the first of its kind. Issued in 2014 on the bitcoin blockchain (Omni layer protocol), under the token symbol USDT, it attempts to provide crypto traders with a stable settlement currency while they trade in and out of various crypto assets. The reason behind the stablecoin creation was to address the inefficient and burdensome aspects of having to move fiat U.S. dollars between the legacy banking system and crypto exchanges. Because one USDT is theoretically backed by one U.S. dollar, traders can use USDT to trade and settle to fiat dollars. It was not until 2017 that the majority of traders seemed to realize Tether’s intended utility and started using it widely. As of April 2019, USDT trading volume started exceeding the trading volume of bitcoina12, and it now dominates the crypto trading sphere with over $50 billion average daily trading volume13.

https://preview.redd.it/3vq7v1jg09p51.png?width=700&format=png&auto=webp&s=46f11b5f5245a8c335ccc60432873e9bad2eb1e1
An interesting aspect of USDT is that although the claimed 1:1 backing with U.S. dollar collateral is in question, and the Tether company is in reality running fractional reserves through a loose offshore corporate structure, Tether’s trading volume and adoption continues to grow rapidly14. Perhaps in comparison to fiat U.S. dollars, which is not really backed by anything, Tether still has cash equivalents in reserves and crypto traders favor its liquidity and convenience over its lack of legitimacy. For those who are concerned about Tether’s solvency, they can now purchase credit default swaps for downside protection15. On the other hand, USDC, the more compliant contender, takes a distant second spot with total coin circulation of $1.8 billion, versus USDT at $14.5 billion (at the time of publication). It is still too early to tell who is the ultimate leader in the stablecoin arena, as more and more stablecoins are launching to offer various functions and supporting mechanisms. There are three main categories of stablecoin: fiat-backed, crypto-collateralized, and non-collateralized algorithm based stablecoins. Most of these are still at an experimental phase, and readers can learn more about them here. With the continuous innovation of stablecoin development, the utility stablecoins provide in the overall crypto market will become more apparent.

Institutional Developments

In addition to trade settlement, stablecoins can be applied in many other areas. Cross-border payments and remittances is an inefficient market that desperately needs innovation. In 2020, the average cost of sending money across the world is around 7%16, and it takes days to settle. The World Bank aims to reduce remittance fees to 3% by 2030. With the implementation of blockchain technology, this cost could be further reduced close to zero.
J.P. Morgan, the largest bank in the U.S., has created an Interbank Information Network (IIN) with 416 global Institutions to transform the speed of payment flows through its own JPM Coin, another type of crypto dollar17. Although people argue that JPM Coin is not considered a cryptocurrency as it cannot trade openly on a public blockchain, it is by far the largest scale experiment with all the institutional participants trading within the “permissioned” blockchain. It might be more accurate to refer to it as the use of distributed ledger technology (DLT) instead of “blockchain” in this context. Nevertheless, we should keep in mind that as J.P. Morgan currently moves $6 trillion U.S. dollars per day18, the scale of this experiment would create a considerable impact in the international payment and remittance market if it were successful. Potentially the day will come when regulated crypto exchanges become participants of IIN, and the link between public and private crypto assets can be instantly connected, unlocking greater possibilities in blockchain applications.
Many central banks are also in talks about developing their own central bank digital currency (CBDC). Although this idea was not new, the discussion was brought to the forefront due to Facebook’s aggressive Libra project announcement in June 2019 and the public attention that followed. As of July 2020, at least 36 central banks have published some sort of CBDC framework. While each nation has a slightly different motivation behind its currency digitization initiative, ranging from payment safety, transaction efficiency, easy monetary implementation, or financial inclusion, these central banks are committed to deploying a new digital payment infrastructure. When it comes to the technical architectures, research from BIS indicates that most of the current proofs-of-concept tend to be based upon distributed ledger technology (permissioned blockchain)19.

https://preview.redd.it/lgb1f2rw19p51.png?width=700&format=png&auto=webp&s=040bb0deed0499df6bf08a072fd7c4a442a826a0
These institutional experiments are laying an essential foundation for an improved global payment infrastructure, where instant and frictionless cross-border settlements can take place with minimal costs. Of course, the interoperability of private DLT tokens and public blockchain stablecoins has yet to be explored, but the innovation with both public and private blockchain efforts could eventually merge. This was highlighted recently by the Governor of the Bank of England who stated that “stablecoins and CBDC could sit alongside each other20”. One thing for certain is that crypto dollars (or other fiat-linked digital currencies) are going to play a significant role in our future economy.

Future Opportunities

There is never a dull moment in the crypto sector. The industry narratives constantly shift as innovation continues to evolve. Twelve years since its inception, Bitcoin has evolved from an abstract subject to a familiar concept. Its role as a secured, scarce, decentralized digital store of value has continued to gain acceptance, and it is well on its way to becoming an investable asset class as a portfolio hedge against asset price inflation and fiat currency depreciation. Stablecoins have proven to be useful as proxy dollars in the crypto world, similar to how dollars are essential in the traditional world. It is only a matter of time before stablecoins or private digital tokens dominate the cross-border payments and global remittances industry.
There are no shortages of hypes and experiments that draw new participants into the crypto space, such as smart contracts, new blockchains, ICOs, tokenization of things, or the most recent trends on DeFi tokens. These projects highlight the possibilities for a much more robust digital future, but the market also needs time to test and adopt. A reliable digital payment infrastructure must be built first in order to allow these experiments to flourish.
In this paper we examined the historical background and economic reasons for the U.S. dollar’s dominance in the world, and the probable conclusion is that the demand for U.S. dollars will likely continue, especially in the middle of a global pandemic, accompanied by a worldwide economic slowdown. The current monetary system is far from perfect, but there are no better alternatives for replacement at least in the near term. Incremental improvements are being made in both the public and private sectors, and stablecoins have a definite role to play in both the traditional and the new crypto world.
Thank you.

Reference:
[1] How the US dollar became the world’s reserve currency, Investopedia
[2] The dollar is in high demand, prone to dangerous appreciation, The Economist
[3] Dollar dominance in trade and finance, Gita Gopinath
[4] Global trades dependence on dollars, The Economist & IMF working papers
[5] Total credit to non-bank borrowers by currency of denomination, BIS
[6] Biggest stock exchanges in the world, Business Insider
[7] McKinsey Global Private Market Review 2020, McKinsey & Company
[8] Central banks current interest rates, Global Rates
[9] Venezuela hyperinflation hits 10 million percent, CNBC
[10] Lebanon inflation crisis, Reuters
[11] Venezuela cryptocurrency market, Chainalysis
[12] The most used cryptocurrency isn’t Bitcoin, Bloomberg
[13] Trading volume of all crypto assets, coinmarketcap.com
[14] Tether US dollar peg is no longer credible, Forbes
[15] New crypto derivatives let you bet on (or against) Tether’s solvency, Coindesk
[16] Remittance Price Worldwide, The World Bank
[17] Interbank Information Network, J.P. Morgan
[18] Jamie Dimon interview, CBS News
[19] Rise of the central bank digital currency, BIS
[20] Speech by Andrew Bailey, 3 September 2020, Bank of England
submitted by Tokenomy to tokenomyofficial [link] [comments]

Indicators for NNFX traders

EDIT: For anyone new to NNFX (No-nonsense forex) he goes by VP and has a youtube channel where he explains how to build a systematic trading strategy, check it out if you're interested.
Not how I trade anymore, but I've collected quite a few indicators that others might want to use. These did well in my testing but I can't guarantee that they will work well for you. These are for MT4 on the daily chart, and I've given the best parameters (which were optimised for) in brackets. This is all for the NNFX strategy, meaning that I had a stop loss at 1.5x ATR and a half TP at 1x ATR.
C1/C2 (Trend indicators):
- T3_Trend_CF(32): https://www.mql5.com/en/code/7496
- Trinity_Impulse(27, 11): https://www.mql5.com/en/code/9717
- Momentum(16 zero cross)
- The_Heavy(38, 38): https://www.mql5.com/en/code/11567
- Schaff_Trend_Cycle(6, 25, 13 entry when it curves down/up): https://www.mql5.com/en/code/17700
Volume:
- Volatility Ratio(13 enter with trend when green): https://www.mql5.com/en/code/26159
- Waddah Attar Explosion(Histogram above the line): https://www.mql5.com/en/code/7051
Exit:
- Rex(44, 25 or 19, 11): https://forex-station.com/download/file.php?id=3354211&sid=4021ce6670f5aed2e5ff117d3aa541a0
- Waddah Attar Explosion(Histogram below the line):
- Trailing stop at 1.5x ATR
Baseline:
- NOT HULL, it repaints heavily
- Didn't do well using one
submitted by Shallllow to Forex [link] [comments]

YOUengine company looks very worthy and interesting

YOUengine company looks very worthy and interesting
This company looks very worthy and interesting; The team is actively working using its skills and finding the right solutions to develop the project!
I believe that this project will be able to realize its idea and take a worthy place in the crypto industry.The solid team, the brilliant idea and its realization, is the key to the success and explosive growth of this incredible company.

https://preview.redd.it/92voxlzy9mb51.jpg?width=960&format=pjpg&auto=webp&s=b25100c35a708da25fde0cb696227faa00adf796
YOUengine (YOUC) on BitForex!
more info: https://youengine.io
#YOUengine $YOUC #blockchain #crypto #cryptocurrency
submitted by Cryptobangla247 to YOUengineFANs [link] [comments]

Watchlist for Wednesday, 4/8

SPY - looking bearish after rejecting resistance. honestly scared to buy any more puts tho.
Gold stocks/futures - gold just broke past a big resistance on the daily. keep gold socks on watch for retest and then explosion.
BA - i have no idea what the hell this thing is doing. hasnt all news been bearish for boeing? either way its volatile as fuck and quite lovely intraday.
AMZN - breaking down intraday. maybe good short swing til friday if it stays below 2025.
forex - noice
submitted by strapp3d to WallStreetRejects [link] [comments]

Why isnt the dollar tanking, and why is gold crashing? It makes no sense.

This is the best tl;dr I could make, original reduced by 73%. (I'm a bot)
The premium for liquidity combined with rates plunging across major central banks did not bode well for anti-fiat gold prices.
A price war triggered by Saudi Arabia plunged oil prices in their largest drop since 1991.The risk of volatility remains high with all eyes on stimulus measures from governments and central banks.
Speculation for lower US interest rates may curb the recent pullback in the price of gold as the Federal Reserve is widely expected to deliver another rate cut in March.
US Dollar Forecast: Fed Boosts Liquidity, Expected to Slash Rates Again Next Week.The 'V-shaped' recovery in the US dollar continues despite the Fed announcing a massive USD1.5 trillion liquidity pump on Thursday to arrest a further breakdown in the financial system.
British Pound Forecast: GBP/USD Tumbles in Worst Week Since 2009.The British Pound fell the most since 2009 versus the US Dollar last week, prolonging downside breakouts in GBP/USD and GBP/JPY as EUGBP soared.
US Dollar Technical Analysis: Can USD Add to Explosive Rise?The US Dollar roared higher last week, posting its best performance since October 2008 at the heart of the global financial crisis.
Summary Source | FAQ | Feedback | Top keywords: price#1 Week#2 Dollar#3 since#4 rate#5
Post found in /Economics and /ForexResources.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

E-F 1k-5k

e30classifieds e39 E3_2016 E3_2017 e46 E90 EA_FIFA EAAccess Eagle_Scouts EaglesGamesUpdate EaglesTrophyCase EANHLfranchise earbleach Early2000sjams EarlyBuddhism EarlyMusic earlymusicalnotation earlyphotography EarlyPKA EarlyWaking EarningOnline EarRape EarthFans earthgifs Earthmind earthoficeandfire earthporngonecuddly earthpornvids earthpornwallpaper Earthquakes earthship earwax EasonyesSneakers eastboundanddown eastenders EasternPhilosophy EasternSunRising easy_french Easy_German Easy_Ukulele Easycore easyfix EasyKetoRecipes easyrecipes Easyriders EasyTV eatenpistachios eating_disorders EatingInCommon EatShit eatwraps Eau_Claire EauxClaires eBaySellerAdvice ebaytreasures EbayWTF Eberron EBM Ebook ebooksforfree ecc ECEComponentExchange echo EchoArena echofox EchoLinkInfo EckhartTolle eckvanet eclipse eclipsephase ecoboostmustang EcoEvents Ecofeminism EcoFriendly EcoGlobalSurvival eCoinomic EcoInternet econbooks EcoNewsNetwork econhw economicCollapse economicdemocracy EconomicHistory economics2 EconomicTheory ecoreddit EcoStart EcouteCa ECR_Gaming ECR_Plus ECR_UK ecrpoker ECU ECU_Tuning ECW ECWWrestling ecycle EdAnonymousAdults EdBangerRecords EDCCW EDCLeaks EDCOrlando EDCTickets eddit Eddsworld ededdneddy edenchainio edencirclejerk EdensZero EDF EdgarAllanPoe edgarwrightdetails Edgeless EdgewaterRogersPark Edgic edgydarkdankmemes edgyedits edhrec EdiblePlants Edibles Edinburgh_University EditMyReddit editvsraw EDIY EDM_Producers edmemesclub edmontonsocialclub edmpacks edpsych edrums edstonehelper edsupport edubble educationalmemes edX EelMemes eero eff effectai effects Effexor Efficiency Efilism EFT_LFG egalitarian Egg eggdog EggInc eggs eGirlsUncensored egoraptor egyptology EgyptPics EHM eighthworldproblems eigo EILI5 eindhoven einfach_posten einsteinium EiOleLehti EiteDagerous ejuice_reviews EJuicePorn EkaterinaZueva Elantris elastic Elastigirl ElClasico_Livestream ElClasicoGame2018 Eldar ElderKings EldersScrollsOnline EldritchHorror eldritchmemes EleanorTomlinson elearning ElectionPolls Electra_Currency Electrical_Engineers electriccars electricdreams electricents electrician Electricity ElectricScooters ElectricSkateboards ElectricUnicycle electriczoo Electrify electro electroforming electrohiphop Electromagnetics Electronic electronica ElectronicaLounge electronicdancemusic electronicmagic electronics_robots ElectronicsSalvage electronjs ElectronMicroscopes electronmicroscopy Electropop Electrum Elektron elephant elephantgifs Elevators elex elfenlied elfontheshelf elgoonishshive eli5_programming ELI5Music ELI5news elianscript ELIHulk elimiddlemanagement ELINeanderthal ElinePowell ELINT eliomotors ElisabethGiolito elisalam Elisemains EliseTrouw EliteBountyHunters EliteDangerousPics EliteHudson EliteLavigny EliteMahon eliteoutfitters ElitePirates ElitePS EliteRacers EliteWings EliteWinters elixirtoken Elizabeth_Gillies Elizabeth_Ostrander elizabethbanks ElizabethHenstridge ElizabethHurley ElizabethRage ELIZADUSHKU ElizaTaylor 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NEO DevCon Press Release















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Some news you may have missed out on part 61.

-Karachi is Planning to Restart Tram Services
Sindh Government is planning to restore the glory of old Karachi area and is planning to rebuild tram services. For the construction and operations of tram service, the provincial government is looking to acquire services of Austrian experts. The Sindh Chief Minister, Murad Ali Shah, met with the Pakistani ambassador posted in Vienna, Mansoor Ahmed Khan, at CM House Karachi. In the meeting, both discussed ways to improve relations with the Austrian government in the field of technical education, renewable hydropower and city planning for Karachi.
-Pakistan’s logistics market reaches $34.2bln
Pakistan’s logistics market has reached $34.2 billion with annual growth of 18 percent, a minister said on Saturday, while unveiling a plan for state-owned postal operator to enter into ecommerce business. Minister for Postal Services Murad Saeed said future initiatives of Pakistan Post would be compatible with the contemporary needs of existing times.
“This would include an entry into the ecommerce business,” Saeed said at a meeting. The minister announced a pilot project for microfinance loan disbursement of Khushhali Bank through Pakistan Post. The project will be piloted by the first week of January and will formally be inaugurated by the mid of January.
-Pakistan Army inducts indigenous built Multiple Launch Rocket system in Artillery Corps
As per the media report, Pakistan Army has inducted A-100 rocket in Multiple Launch Rocket System (MLRS) of its Corps of Artillery. Media wing of the armed forces, the Inter Services Public Relations (ISPR) said A-100 rocket had been indigenously developed by Pakistani scientists and engineers. “With over 100 kilometers range the Rocket is a highly effective and potent for interdiction that can effectively disrupt enemy’s mobilization and assembly,” said the ISPR.
-$15 billion investment package likely from UAE including mega oil refinery in Pakistan
Pakistan is likely to get $ 10 -15 billion investment package from UAE , likely to be announced during the visit of Crown Prince, sources said. Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed bin Sultan Al-Nahyan is expected to announce the facility for Pakistan during his visit to the country starting January 6. The sources added that Pakistan, in collaboration with the UAE , is also starting construction of Parco Coastal Refinery in Balochistan worth over $5 billion.
-Abu Dhabi crown prince to arrive in Pakistan on January 6
Crown Prince of Abu Dhabi Sheikh Muhammad bin Zayed Al Nahyan is scheduled to arrive in Islamabad on January 6, Express News reported.
Sheikh Mohammad, who is also Deputy Supreme Commander of the UAE Armed Forces, had accepted an invitation to visit the country extended by Prime Minister Imran Khan in a telephonic conversation last year. Sources the crown prince will be accompanied by a high-level delegation. He is expected to announce investments in Pakistan.
-Currency dealers offer to bring $1b a month
Currency dealers have brought $13 billion in Pakistan in the past eight years, including $1 billion since August 2018, to stabilise the country’s foreign currency reserves, the dealers claim. “Dealers contribute $200-300 million a month to the country’s reserves through commercial banks,” said Pakistan Forex Association President Malik Bostan while briefing Finance Minister Asad Umar.
“They (dealers) have the potential to bring up to $1 billion a month,” he told The Express Tribune after meeting the finance minister and Federal Investigation Agency (FIA) Director General Bashir Memon in Islamabad recently. A delegation of currency dealers, headed by Bostan, asked the minister that the government should offer Rs2 per dollar in rebate to attract higher remittances from overseas Pakistanis. The incentive would help currency dealers to realise their true potential and contribute maximum dollars to the country’s foreign currency reserves, it said.
-Imran, Erdoğan discuss bilateral relations, regional issues in Turkey
Prime Minister Imran Khan on Friday held a one-to-one meeting with President Recep Tayyip Erdoğan in Ankara during his two-day official visit to Turkey. Both the leaders discussed various issues including bilateral relations, national and international issues of mutual interests. A high-level delegation including Foreign Minister Makhdoom Shah Mahmood Qureshi, Finance Minister Asad Umar, Planning Minister Makhdoom Khusro Bakhtiar, Adviser on Trade Abdul Razak Dawood and Special Assistant to PM Zulfikar Bukhari is accompanying the PM during his first tour to Turkey.
-TLP chief Khadim Rizvi remanded to police custody for another 20 days
An anti-Terrorism Court (ATC) in Punjab capital city has granted a 20-day physical remand of Tehreek-e-Labbaik Pakistan (TLP) chief Khadim Hussain Rizvi and others. Civil Lines police officials, after producing Rizvi in court amid tight security, sought a 30-day remand of the firebrand cleric, Pir Afzal Qadri, Pir Ijaz Ashrafi, and Hafiz Farooqul Hassan.
-Pakistan prepares Terror Financing Risk Assessment Report for FATF crucial session
Pakistan has prepared Terror Financing Risk Assessment Report in line with the FATF conditions that would be scrutinized in face to face upcoming meeting of the FATF scheduled to be held next week at Sydney. “We will dispatch Terror Financing Risk Assessment Report to FATF on Friday (today) that basically identifies both domestic and foreign sources of funding being utilized for execution of terrorists’ activities,” confirmed by one top official.
-This city in Pakistan is going to use cow poo to power its buses
In a bid to freshen its air and cut planet-warming emissions, the Pakistani port city of Karachi will introduce cleaner-running buses powered by a decidedly "unclean" fuel: cow poo. With funding from the international Green Climate Fund, Karachi will launch a zero-emission Green Bus Rapid Transit (BRT) network, with 200 buses fuelled by bio-methane. Locals said the new bus system - due to start operating in 2020 - would help reduce air pollution and street noise, but doubted whether it would have enough buses to resurrect the city's ailing transport system.
"(Karachi's) public transport system has totally collapsed and most people have to use online taxi-hailing services (and) auto rickshaws," said commuter Afzal Ahmed, 45, who works as a medical sales representative. After management problems forced the Karachi Transport Corporation to fold some two decades ago, Chinese-imported buses running on compressed natural gas fell into disrepair and were taken off the road, worsening public transport woes, he noted.
-KP announces development package for Buddhist sites in Mardan
Khyber-Pakhtunkhwa government has announced a development package for preserving and promoting the Buddhist relics at Takht Bahi, Jamal Garhi and Shehbaz Garhi.
Senior Minister for Culture, Tourism and Youth Affairs Atif Khan said this during his visit to Buddhist sites in Mardan on Thursday. “The K-P government will develop Buddhist sites at Takht Bahi, Jamal Garhi and Shehbaz Garhi as international tourism destinations,” he said announcing plans to construct chairlift to facilitate the tourists"
-PM Imran Khan approves Rs 50 billion package for Karachi
Sindh Governor Imran Ismail has said that Prime Minister Imran Khan has given approval of funds of 50 billion rupees for Karachi that would be utilized to resolve the long standing issues of the metropolis. He was talking to media in Karachi today (Friday) after attending the International Property Expo. The Governor said we intend to start work to improve the condition of roads in the city and to lift the garbage that has marred the beauty of the city for a long time now.
He said work would also start soon to lift the debris of encroachments that have been razed to the ground.Talking about the transport projects, the Governor said that the Green Line Bus Service will be fully functional within 4 to 6 months. He said that work on the project by the Federal Government has been completed. He said Sindh Government is carrying out its work while provision of buses for the project by Sindh Government is also awaited.
-KP government launched mega project in 25 Tehsils of tribal districts
Khyber Pakhtunkhwa government launched a mega project of establishing new playgrounds and upgrading the existing ones in twenty-five different tribal tehsils. Secretary Sports Shahid Zaman said that administration is working on war footing on this project as directed by Prime Minister Imran Khan. He said besides constructing playing fields in tribal areas, it has also been decided to hold a grand tribal districts games event wherein 8 to 10 mostly popular games would be organized and players would be given kits and other facilities.
-Turkey hints at buying Military Aircrafts from Pakistan
Turkish President Tayyip Erdogan has hinted at buying Military trainer aircrafts from Pakistan.
-Pakistan becomes 5th largest Motorcycle producing country of the World
With 2.5 million units produced annually in Pakistan, country has become the fifth largest motorcycle producing country of the World.
-Huge weapons cache recovered by Security Forces in KP
Aurakzai Scouts on Friday during a raid at compound in Baghnak area of upper Tehsil of district Aurakzai seized a huge cache of arms and ammunition dumped underground, security sources said. The raid was conducted on tip off that huge quantity of arms and weapons have been dumped at foot-hills. The weapons included 14 hand grenades with 11 fuses, four mortar-shell, explosives and 478 cartridges of machine guns. The seized weapon was dumped for use in some subversive activities, the sources added.
-After British Air, Yet another leading Airline of the World wants to start flight operations from Pakistan: Report
German Ambassador has hinted that German Flag carrier and one of the leading Airline of the World Lufhtansa Air wants to start operations from Pakistan.
-$46 billion export target: Comprehensive strategic policy urged to boost exports
President Rawalpindi Chamber of Commerce and Industry (RCCI) Malik Shahid Saleem Friday called for formulating a comprehensive strategic policy to boost exports. He said business community was looking towards government’s concrete steps to ensure key macro indicators of the economy.
"We want more information and input on the Strategic Trade Policy Framework (STPF) 2018-23 with an aim to double the country’s exports to $46 billion in next five years," he added. In a statement, President RCCI said the government should evolve a comprehensive strategy in consultation with the private sector to increase exports .
-Gilgit Baltistan Tourism and Gems sector: PTI government takes important decisions
Minister for Kashmir Affairs and Gilgit Baltistan Ali Amin Gandapur says GB has world's best tourism attractions with beautiful waterfalls, lakes, meadows, deserts, and skiing resorts. In an exclusive interview with Radio Pakistan's Correspondent Ijaz Hussain, he said government is committed to develop the untapped tourism potential of Gilgit-Baltistan. The Minister said an MoU will soon be signed with leading international companies to develop eight lakes in the first phase
-ExxonMobil making $250 million investment in Pakistan: Razak Dawood
Adviser to Prime Minister on Commerce, Textile, Industry & Production and Investment Abdul Razak Dawood said Exxon Mobil was making an investment of $250 million in Pakistan. He said the company had re-entered Pakistan after a gap of almost three decades and setup its office in the country. Pakistan is requesting China to switch its investment focus from power & infrastructure to industrialization, agriculture and education in regard to the China-Pakistan Economic Corridor (CPEC).
-Weekly inflation decreases by 0.31pc
The inflation based on Sensitive Price Index (SPI) during the week ended on January 3, for the combined income group registered a decrease of 0.31pc as compared to the previous week.
The SPI for the week under review in the above-mentioned group was recorded at 237.85 points against 238.58 points registered in the previous week, according to the data released by the Pakistan Bureau of Statistics (PBS) on Friday.
-Chinese group to set up $70 million ceramics unit in Faisalabad
A prominent Chinese industrial group has decided to establish a ceramics unit in Pakistan with an investment of $70 million – a decision that is likely to lessen country’s reliance on imported tiles.
“The ceramics unit is expected to become operational by March 2020,” according to a senior official of the Faisalabad Industrial Estate Development and Management Company (FIEDMC). FIEDMC, located in the heart of Pakistan’s industrial hub, is rapidly transforming into an attractive destination for well-known foreign companies, which are planning to set up their units following lack of progress on the Special Economic Zones (SEZs), which are planned to be constructed under the China-Pakistan Economic Corridor (CPEC). “The Chinese industrial group already enjoys its presence in 50 countries,” said FIEDMC Chief Executive Officer Aamir Saleemi. “The group plans to import machinery from China and aims to complete work by March 2020.”
-Prime Minister Imran Khan invites Turkish investors to join CPEC
Prime Minister Imran Khan, who is on his first official two-day visit to Turkey, on Thursday said that it's time for Islamabad and Ankara to take their bilateral trade to a higher level, citing Pakistan’s ideal geo-strategic location and its huge potential for investment in infrastructure and tourism.
Addressing a business forum of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) in Ankara on Thursday night, he said his government will provide all possible assistance and support to the Turkish investors in Pakistan, Khan said that Pakistan is a virgin territory as a lot of trade areas have not been exploited yet, adding that huge reserves of oil, gas, copper, coal and other admirals are yet to be unexplored. He said tremendous trade and economic activities will start due to China-Pakistan Economic Corridor (CPEC). He said special economic zones are being established through this mega project.
submitted by FashBasher1 to pakistan [link] [comments]

I hate living in Israel

I moved to Israel six years ago.
How that happened:
I am Jewish (you probably guessed) and bought into the idea that it is our ancestral homeland.
After being taken on one of those free two weeks tours, I became captivated by the country and planned to move there. It took a few years of planning for that wish to come to fruition.
To be honest, I still believe in Jewish people's right to be here and that a Jewish country is the only natural environment for a Jew (particularly an observant one) to live in. I just happen not to like the one country that fits that criteria very much, or many of its citizens - and that also happens to be the country I live in!
I also believe that is Israel's responsibility to help realize a just and lasting solution to the Palestinian "problem". In my view, that is not reconcilable with endlessly occupying the land they live on and subjecting them to military law. But that aside...
The Israel I visited as a tourist and the Israel I live in as a citizen are like two completely countries. So much so that if I were a conspiracy theorist (I am not!), I would practically believe the whole thing was an illusion.

Manners (Or Lack Thereof)

For whatever reason, manners are virtually absent here.
The stereotypes are 100% true.
Maybe I missed that earlier? I'm not sure, because some people with parents who were born here have told me that people have become ruder and more aggressive over the years. I tend to believe it.
You buy stuff in the market and shopkeepers just glare at you and slam your change on the counter without even bothering to say "thank you".
I feel like if someone tried that in NYC they might be asking for a fight!
Not a single person in my building knows how to close their door. My table jars every few minutes from the vibration of people slamming their doors.
People play music at all hours. And blare private conversations over their phone's loudspeakers because they can't be bothered bringing the handset to their ears. This varies a little by city (Tel Aviv is slightly more refined), but in general the culture is incredibly inconsiderate. Shouting is very commonplace (of course, it's just a "friendly argument"), honking on the roads is incessant, and people are too inpatient and inconsiderate to be able to form a queue. People will push grandmothers out of the way to get on a bus sooner. If it weren't sad, it would be funny.
Social cohesion is sorely lacking, IMO, as evidenced by the massive amount of splinter and minority parties that form before every election.
Everybody is in a tribe or, if not, an "enemy" (read: an Arab).
The sad and blunt truth is that it's a crude, racist society that even has a problem with some of its own (see: treatment of Ethiopian Jews).
(BTW, this is something that gets discussed a lot among Jews that voluntarily move here. People come up with all manner of BS excuses to justify it. "It's directness." No, it's atrocious manners. "There are no words for basic courtesies in Hebrew". Yes, there are - open a dictionary! "It's Middle Eastern". Travel to Egypt and Jordan. People have manners there. Unfortunately, most people that have negative things to say about the country get silenced by the aggressive "nothing can be wrong here" brigade.)

Prices

Prices are insanely high and, as far as I can tell, the situation is only getting worse.
Generally, those prices are for crappy products imported from China and heavily marked up. Or the local stuff sold by a company that is part of an oligopoly and would never survive in a free market environment. Customer service is almost non-existent - or at least, has the local twist which is "the customer is always wrong". And of course - those wonderful overpriced products and services are sold to you by often rude ungrateful people.
Working here also flat out sucks, IMO.
The world has bought into the myth that Israel is a land of amazing startups where everybody is swimming in opportunity.
The reality is that more than 90% of the economy is employed in protectionist dysfunctional companies and Israel has one of the lowest per-capita productivity rates in the OECD (feel free to check the numbers - it's late at night here and I'm trying not to lose the 'flow' of this). It's capitalism with all the benefits taken out. The socialist/kibbutznik backbone that formed the society is dead. Income inequality, as measured by the Geni coefficient, is among the highest in the world.
If you're not a Java developer or help run one of the ports (don't ask - monopoly!) you can expect to be paid a salary roughly a third lower than the West - while living in one of the most expensive countries in the world. A good chunk of immigrants here are employed in scam industries, including (but not limited to) binary, forex, and other international "scams." They attempted to regulate these, but due to corruption and cronyism, largely failed. Just as they attempted to pass a fair rental law which had about the same result.
To add insult to injury ****, Israelis are C-H-E-A-P***\* in my opinion (given the pejorative Jewish-money stereotypes, I realize that this is something that would be problematic/difficult for a non-Jew to assert).
You see this in the workplace. You're expected to work like a slave while your miserly employer tries his best haggling skills to pay you as little as possible. Unsurprisingly, Israelis founded Fiverr and have proven very eager exponents of the offshoring model, where they can find people willing to work for even less than olim hadashim (Jewish immigrants). Israelis love bargaining and will treat anything that involves money as a game whereby they attempt to keep as much of it as possible.
In terms of conditions - the minimum number of vacation days are 12 while the working week is 45 hours. Again, for pretty miserable salaries. Public holidays, which are relatively few, do not roll over if they fall out on a weekend. In general, a cultural of professionalism is sorely lacking. My strongly held opinion is that the best have already left.
Also: a bunch of Israelis sponge off their families until well over their forties. The country is also awash with Jewish immigrants who mysteriously seem to survive despite never having held a job in their life. The explanation? Their familiar are sponsoring them.

Religious Coercion / Weekends

Because of the Jewish Sabbath (during which public transport does not run; shops start closing half-way through Friday), you never even really feel like you've had a proper weekend.
Property is the worst of all. Astronomically expensive.
Taxes on new cars are almost 100% so almost everybody drives beat-up second hand ones, if they have one at all (it's considered a luxury). And the standards of housing - from anybody comparing it to the West - is relatively abysmal. There's a great Facebook page with some photos of the worst rentals on the market. Even if you don't read Hebrew, just take a look at some of the photos.
The first generations that came here have done a nice job at monopolizing large segments of the market and housing stock so are well taken care of.
For virtually anybody else, their future is renting (from rude slumlords!)
Hotel prices are also outrageous, and there's the added insult of having to pay more for rooms if you're from the country. People here literally fly to Europe because it's cheaper than staycationing in this ripoff!
Want to console yourself about that with a nice mango? Even fruit here has become expensive recently. The only thing that's cheaper here than the West is healthcare and public transport. It's a great country to be on the breadline in. To thrive financially? Not so much.

Politics

The public endlessly votes for a lying, corrupt prime minister who has just let the parliament dissolve in his pathetic bid to avoid fraud charges.
The country is apparently rapidly descending into a religious dictatorship and nobody seems to care - yet it still has the nerve to call itself "the only democracy in the Middle East."
The school system is failing and a segment of the population which doesn't work or paid taxes (the ultra-Orthodox) have somehow wound up in the position where they pull all the political strings.
People, for a reason I can never understand, generally seem to simply accept the status quo.
They are content with simply surviving and not being obliterated by Iran/Hamas/Hizbullah. As someone that didn't grow up in that security environment, this seems baffling to me. I feel like grabbing hold of one of Netanyahu's voters and asking him/her "That's truly all you aspire towards?"
The most that happens is some journalist (automatically branded a "leftist" by the right-wing majority) writes some article in the Opinion section of Ha'aretz. The last time people got out on the street to protest in significant numbers was years ago (remember the cottage cheese protests?). In Greece, the riot police get called out to put down mass protests. Here, people are happy to simply survive (sort of).
Why does the average person here vote for Netanyahu?
You know, because things are so great here and some third-world tycoon has been to visit (this is advertised as "unprecedented diplomatic achievements.").
Oh, and the economy has "never been stronger" (even though the country also has an enormous poverty problem and many people are struggling to simply get by).
I have a bad habit of checking Google News every few hours.
Reading those articles just makes me angry.
But it's really nothing more than a reflection of how people are on the street.
Rude. Aggressive. Argumentative. Demanding. Always in the fricking right. Also locals here literally never apologize for anything (that would be considered too "weak" to fit in with the local culture).
There's also this weird fetish with strength and the military here that I find disturbing. You see it in slang a lot (an "explosion" also means a good thing, like "that party was an explosion" is an idiom for "that party was a great time").
Being human (such as letting somebody cut ahead of you in line at the supermarket because they only have a couple of items) is branded as "weakness" and frowned upon. As is having manners. To be honest, I believe that the culture here is best described as "sick".
Israel has made me feel like an old man, even though I'm far from that.
All I want, at this point, is a basic quality of life.
Things like a non-minuscule apartment in which to live. Decent professional opportunities that don't involve working for some (usually shady) startup simply trying to use my English to get some investor to pump money into them so they can offshore everything to the US. The possibility of a week's vacation in somewhere that isn't a dingy ripoff staffed by rude people! And to hear somebody say "thank you, have a nice day" when I buy an apple from them!
I travel abroad a couple of times a year and usually feel like I've stepped into another planet. It's like somebody is dispersing a fine mist of Valium from the air. Hard to put my finger on it but people just seem kind of sedate and relaxed!
People are less direct (I'll admit, I actually like the directness here!), but know basic manners, everything isn't overpriced, and people enjoy a real weekend! You can order stuff from Amazon and it actually arrives on time! Somehow, there's no shouting! People know how to actually form a line! You don't have to stand up for yourself simply to not be pushed over!
I'm planning my escape (among other things), but I have to hold this in every day until I get out. I don't feel comfortable telling this to my friends (I rebrand it as "I'm finding it difficult here" without going into details) and I can't exactly broadcast my feelings to the average person on the street.
The truth is that I'm not as miserable as I sound.
I've been doing some self-work recently just to cope with living here. Stress and all that.
My mindset has taken a shift to the positive. And I'm really grateful by how much it has helped.
But it doesn't make living here any less distasteful and actually made me much more inclined to write this here (why wouldn't I tell the world like it is - at least as I see it?).
BTW, I'm a real Reddit user but, because I'm paranoid about privacy, I set up a new account just to write this post.
So thank you, Reddit, for giving me the chance to put this into writing!
If you're also living, or have lived here, feel free to let me know your thoughts in the comments.
And if you haven't and are considering doing so, please take everything you have read and heard about the country with a pinch (actually, make that the entire carton-full) of salt!

Some Links / Further Reading:

submitted by unhappyoleh to offmychest [link] [comments]

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