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Dan J

FT.com / Currencies - Russia diversifies into Canadian dollars - 0 views

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    "Russia diversifies into Canadian dollars By Peter Garnham Published: January 20 2010 16:46 | Last updated: January 20 2010 16:46 Russia's central bank announced on Wednesday that it had started buying Canadian dollars and securities in a bid to diversify its foreign exchange reserves. Analysts said the move could be a sign of increased diversification of emerging market central bank assets away from the dollar and into investments denominated in other commodity-linked currencies, such as the Australian dollar. Adam Cole at RBC Capital Markets said if taken in isolation, Russia's announcement that it was buying Canadian dollars was not significant, but if it was part of a broader trend, then it was an important step. "If it is a barometer for the activity of other central banks, then its is structurally positive for the currencies of countries like Canada and Australia that have a commodity bias in their economies," he said. Although not officially confirmed, traders said that other emerging market central banks, including some in Asia which hold large foreign exchange reserves, have also been active in the foreign exchange market in recent weeks buying both Canadian dollars and Australian dollars. Alexei Ulyukayev, first deputy chairman of Russia's central bank, said that it would invest in Canadian dollar-denominated deposits and bonds. "The Canadian financial market is not very deep, so we can invest in deposits in significant volumes, while the bond market is limited," he said. Although the central bank did not specify how much of its reserves it was allocating to assets denominated in the Canadian dollar, analysts estimated that the central bank could put up to $9bn, or 2 per cent, of its foreign exchange reserves into the currency."
Dan J

Scientists using selective temperature data, skeptics say - 0 views

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    "Call it the mystery of the missing thermometers. Two months after "climategate" cast doubt on some of the science behind global warming, new questions are being raised about the reliability of a key temperature database, used by the United Nations and climate change scientists as proof of recent planetary warming. Two American researchers allege that U.S. government scientists have skewed global temperature trends by ignoring readings from thousands of local weather stations around the world, particularly those in colder altitudes and more northerly latitudes, such as Canada. In the 1970s, nearly 600 Canadian weather stations fed surface temperature readings into a global database assembled by the U.S. National Oceanic and Atmospheric Administration (NOAA). Today, NOAA only collects data from 35 stations across Canada. Worse, only one station -- at Eureka on Ellesmere Island -- is now used by NOAA as a temperature gauge for all Canadian territory above the Arctic Circle. The Canadian government, meanwhile, operates 1,400 surface weather stations across the country, and more than 100 above the Arctic Circle, according to Environment Canada. Yet as American researchers Joseph D'Aleo, a meteorologist, and E. Michael Smith, a computer programmer, point out in a study published on the website of the Science and Public Policy Institute, NOAA uses "just one thermometer [for measuring] everything north of latitude 65 degrees." Both the authors, and the institute, are well-known in climate-change circles for their skepticism about the threat of global warming. Mr. D'Aleo and Mr. Smith say NOAA and another U.S. agency, the NASA Goddard Institute for Space Studies (GISS) have not only reduced the total number of Canadian weather stations in the database, but have "cherry picked" the ones that remain by choosing sites in relatively warmer places, including more southerly locations, or sites closer to airports, cities or the sea -- which has a warming ef
Dan J

Canada cuts funding to anti-Israel groups - 0 views

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    "VANCOUVER - The Canadian government has recently decided to cut back or entirely withdraw the funding to organizations that encourage a boycott of Israel or Israeli products, including pro-Palestinian and Christian groups. One such organization is the Kairos welfare agency, which lost $7 million - half of its annual budget. Kairos is a social apparatus serving 11 Catholic and Protestant groups and churches promoting the "liberation theology" within the Canadian legal and educational establishments. Canadian Immigration Minister Jason Kenney said that the agency's budget was cut back in light of its anti-Semitic positions, adding the group preaches for recognition of such terror organizations as Hamas and Hezbollah while rejecting the Jewish people's right for a state. Kairos denied Kenney's claims and charged that the Canadian government's decision was motivated by political considerations. It further argued that criticism of Israel should not be regarded as anti-Semitism. Another organization whose funds were cut back was the Canadian-Arab Federation, which provides aid for immigrants from Muslim countries. The claim against the group was that it promoted hatred and extremism. The Federation claimed in response that by withdrawing funds from its budget, the Canadian government is shunning Arab immigrants. "
Dan J

YouTube - Expert Explains the Flu Vaccine Deception and the Swine Flu Hoax 1-8 - 0 views

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    "Dr. Mercola interviews Dr. Shiv Chopra who was a drug company insider, and also worked for what is now Health Canada -- the Canadian equivalent of the FDA. He is uniquely qualified to explain why no flu vaccine has ever worked, and that swine flu and avian flu are nothing more than hoaxes. NATURAL CURES & NATURAL REMEDIES FOR FLU VIRUS http://www.angelfire.com/az/sthurston... SHOULD YOU GET THE FLU SHOT? http://www.angelfire.com/az/sthurston... VACCINATIONS - ARE THEY DANGEROUS? http://www.angelfire.com/az/sthurston..."
Dan J

What were 2009's worst attacks on Christianity? - 0 views

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    "A nonprofit organization devoted to advancing religious liberty for Christians has scoured the news, sought the opinion of its e-mail subscribers and selected a list of "the top 10 incidents of anti-Christian defamation, bigotry and discrimination in the U.S. from last year." "It is arguable that anti-Christian hatred has spilled over into material forms of persecution in 2009," said Gary Cass of the Christian Anti-Defamation Commission. "Christians were killed and bullied for their witness, ministers and churches threatened with violence and vandalized for standing for marriage and Christians were fired for not compromising their faith. If these are not bona fide examples of persecution, than I wonder what more it might take?" CADC subscribers chose from a list of 20 stories - both those that made headlines and those that were conspicuously absent from wide media coverage - to pick their top 10. The winners included a wide array of events deemed to insult, injure or marginalize Christianity. They included acts of violence, laws and judgments, actions by schools against students and decisions by the Obama administration to promote causes and leaders at odds with Christian teaching. (Story continues below) Here, then, is the list, as reported by the CADC: 1. "The Federal Hate Crimes Bill that attacks religious liberty and freedom of speech." As WND has reported, Canada's experience with "hate crimes" legislation has caused many American Christians to fear the U.S. will follow a similar path of censoring or even punishing in the name of "hate speech" people who declare the Bible's teachings on homosexuality. Gerald Chipeur is an attorney working to defend a Canadian pastor whose letter to the editor of a local newspaper prompted a complaint, a $5,000 fine and a court order not to express his beliefs further. "
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