Thursday, August 30, 2007

I will return to this blog after two weeks...

I am going to Thailand and China on a 17 day trip. I will resume updating this blog on my return.

Wednesday, August 29, 2007

Uniquely painted truck trailer...(doesn't the driver look real?)

Bar launches index-linked cocktails

A London bar is launching a series of index-linked vodka cocktails in a bid to promote Russian business in Britain.

Potemkin, one of the capital's leading vodka bars, has named five cocktails after the top Russian companies currently traded on the London Stock Exchange -- Tatneft, Rostelekom, Evraz, MMC Norilsk Nickel, and Surgutneftegas -- and will adjust alcohol levels according share price performance.

Entrepreneur Roger Shashoua developed the idea to promote his book "Dancing with the Bear" about making money in Russia.

"Most British people are unaware of just how successful Russian businesses are proving to be in London," he said in a statement. "This provides them with an opportunity to do their homework, and eat, drink, and make money."

Potemkin will assess the performance of the five companies on a weekly basis. If their share prices rise, so too will the alcohol used to prepare each cocktail.

The price will remain the same at 4.95 pounds per cocktail, but drinkers should be aware that, just like share values, alcohol content can fall as well as rise.

Monday, August 27, 2007

Wierd accident...

Housewife hid $3 million in forex gains

A financially savvy Tokyo housewife who made 400 million yen ($3.44 million) trading in foreign exchange markets was fined by a Japanese court on August 24.

Yukiko Ikebe, 60, got a suspended jail sentence and was fined 34 million yen after she used relatives' names to make her gains look smaller and avoid paying tax, public broadcaster NHK said.

"She felt it was unfair to have to pay tax on her gains, when she made losses some years," NHK quoted the judge as saying. "She spent the money on kimonos and jewellery."

Forex trading has become more popular in recent years in Japan, where low interest rates have led retail investors to seek new sources of profit.