Norway, the Scandinavian nation of 5 million, known for its spectacular fjords, reindeer and "Midnight Sun," ranks No. 1 among 155 countries rated for happiness in a United Nations report out Monday. The country rocketed from 4th place to the top of the list, on the basis of several key calculations for measuring social happiness, among them levels of caring, freedom to make life decisions, generosity, good governance, honesty, health and income. Notably, on The Children’s Worlds index of material deprivation, Norwegian children lacked the least in the world.
Some weeks ago (1), I wrote an article about a negated pattern of an “orthodox broadening formation” on the Dow Jones Industrial Index. This kind of pattern is not so very common to find on price graphs; it occurs when a series of three or more price fluctuations widen out of size so that peaks and troughs can be connected with two diverging trendlines (2). Generally the pattern comprises three rallies, with each succeeding peak higher than its predecessor, and each peak separated by two bottoms, with the second bottom lower than the first one. Orthodox broadening formations are associated with market peaks. Several of these patterns, according to Edwards and Magee, appeared at the 1929 Tops of many of the active and popular stocks of that day (3). Perhaps we can best see what this formation is, if we examine the image below. I have numbered from 1 to 5 the significant turning points.
The Diamond Promotion Service’s Real Is Rare television advertising campaign, which is the first major generic advertising effort to be launched since such activity was suspended by De Beers more than 10 years ago
Finance Minister Ishaq Dar in a policy statement in the National Assembly said that Pakistan is going to sign an agreement with Switzerland on exchange of information regarding bank accounts on March 21st. He said that the conditions presented by Pakistan were accepted by the Swiss authorities as Pakistan would not lessen the tax rates and it would not give Switzerland the status of Most Favoured Nation (MFN).
For months, leading luxury travel specialists, writers and executives with canadian travel agency Flight Network examined accommodations based on everything from style to first-class services to the ability to embody local culture and provide access to remarkable environments, according to a news release. So, after highly vetting a list of nearly 1,000 luxury and boutique hotels, resorts, lodges and inns, Flight Network officially unveiled their most definitive guide to date: the 100 Greatest Hotels in the World.
On Friday morning the yellow metal's price remained rather unchanged, as the bullion fluctuated just above the 1,225 mark. Previously, during Thursday's trading session the bullion extended the gains, which it scored on the Federal Reserve's rate hike. However, at the 1,233.59 mark the bullion encountered the resistance of a medium term descending channel, which proved strong enough to cause a minor decline in the commodity price. It is most likely that the bullion will make another attempt to break higher, as on Friday morning the decline has stopped, and the yellow metal has begun to approach the weekly R1, which is located at the 1,228.89 level.
UBS has repeatedly warned it will move staff to the Continent in the wake of the EU referendum. Chairman Axel Weber claimed 1,500 jobs would shift from London to preserve its business on mainland Europe and that the two-year negotiation process for Brexit “simply would not work” for its relocation strategy. “We cannot postpone decisions on how we run our European operations,” Weber said at a conference in Frankfurt on Wednesday. “As soon as we know definitely that Brexit will happen, you will see decision-making processes kick off in all financial institutions.”
Hackers, intelligence agencies and advertisers could be tracking your online video-watching habits, even when the sites in question, such as YouTube, provide encryption and promise anonymity, according to research by a Ben Gurion University cyber-security expert, who presented the research at a recent Black Hat Europe cyber-security gathering in London. Gaps in YouTube's encryption enable both government intelligence agencies, hackers and internet marketers to determine which videos a user is watching, said the researchers.
The National Council approved, by 101 votes against 91 with 4 abstentions, the proposals of the Conciliation Conference over the Retirement Provision 2020. Earlier, the Council of States had supported the project with 27 votes against 17. The dossier is now ready for final voting. Now the people will have to give its opinion on September 24th. In his final address to the House on Thursday, Interior Minister Alain Berset on behalf of the government stressed the crucial importance of the reform for “Switzerland, the people, the economy and the stability of the institutions”.
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