Wednesday, March 18, 2009

Forex Trade Signal Alerts - An Important Tool to Your Success | SigmaForex


The Foreign Exchange, simply referred to as Forex, is a market in which the value of one currency is traded for the value of the other, both of which are speculated as they remain floating, not fixed. Naturally, as an investor in the largest market in the world, you want to earn money. While losses and profits in Forex can interchangeably vary and are unpredictable, you can improve your chances of earning if you learn how to properly manage orders and positions, one of the most important aspects of trading not just in Forex but in general. By managing orders and positions, you can spot Forex trade signal alerts and decide with great care what to do, as opposed to being caught off guard.

Sigma devotes serious effort to serve the emerging retail segment of the Forex community. Its commitment to providing an excellent customer service, innovative currency trading technology, and dealing practices, establishes Sigma as a notable force that traders look forward to for an advanced Forex charting, Forex news, and fund safety.

Customers funds deposited with Sigma, are held and maintained separately in separated trading accounts at our partner banks. Sigma also provides its customers a variety of account plans, and services to choose from when creating or adjusting a profile.

The professionals at Sigma are dedicated to providing the guidance you need to accomplish your investment objectives.

Thursday, March 12, 2009

Source: Obama official on leave after FBI raids

Source: Obama technology official on leave after FBI raids his old DC office, arrests 2

WASHINGTON (AP) -- An aide to President Barack Obama is on leave from his White House job after the FBI raided his old District of Columbia government office Thursday, arresting a city employee and a technology consultant on corruption charges, a White House official said.
The charges were lodged against the two men at a federal court hearing as the FBI finished searching the city's technology office, which was led until recently by Obama's new computer chief, Vivek Kundra.
Kundra is on leave from his White House job until further details of the case become known, according to a White House official speaking on condition of anonymity because the official did not want to publicly discuss personnel matters.
At the court hearing, Yusuf Acar, the acting chief security officer in the city's technology office, was ordered held without bond pending a hearing Tuesday. Prosecutors said $70,000 in cash was found during a search of Acar's Washington home and that he posed a serious flight risk.
Technology consultant Sushil Bansal of Dunn Loring, Va., was released but was ordered not to conduct overseas transactions or leave the Washington metropolitan area. Bansal is due back in court on April 21, and prosecutors said they were hopeful that a plea agreement could be reached in his case.
Acar worked under Kundra, Obama's pick to coordinate federal computer systems. Obama spokesman Robert Gibbs would not say whether the White House knew the investigation was under way when it named Kundra last week, but called the case "a serious matter."
Mafara Hobson, a spokeswoman for Washington Mayor Adrian Fenty, said she was "very confident" Kundra is not a target of the investigation.
Bansal's lawyer, David Lamb declined to comment. It was not immediately clear who would represent Acar in the case.

Acar, a 40-year-old native of Turkey, had a $127,468-a-year position purchasing the city's computer equipment and lining up contract workers for numerous city agencies, according to court documents.

Authorities say Acar and Bansal, along with others, defrauded the government through a variety of schemes, including billing the city for items that were never delivered and "ghost" contract employees who did not work. The scheme involved Acar approving falsified bills and splitting the money with vendors including Bansal, who submitted them, court documents alleged.
Bansal, a native of India who turns 42 next week, is a former city employee and the founder and chief executive of Advanced Integrated Technologies Corp. The company has offices in Washington and India and did more than $13 million in business with the District of Columbia government in the past five years, according to court documents.
One contract involved providing computer support for the city's Department of Motor Vehicles. The company also was given a contract to upgrade the city's human resources computer records and sold virus detection software to the city.
In August Bansal was named entrepreneur of the year by the Association of Indians in America.
An FBI affidavit supporting the arrest warrants indicates that several other businesses and individuals were involved in the alleged schemes, but the other people are identified only by their initials.
The FBI worked with another employee in the city's technology office, who was in on the scheme and secretly recorded conversations with Acar and Bansal as part of the investigation.

In 2007, federal investigators uncovered a massive embezzlement scheme in the city's tax office.
Men and women dressed in suits and wearing latex gloves could be seen entering and leaving the glass-enclosed lobby of the Office of the Chief Technology Officer on Thursday afternoon.
Even as the raid was taking place, Kundra was giving a speech at FOSE, an annual government technology expo. Kundra said part of his focus is to change the way the government buys technologies from vendors.
Associated Press writers Philip Elliott, Donna Borak, Brian Westley and Brett Zongker contributed to this report.

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USDA approves shot for cows aimed at E. coli

USDA approves E. coli vaccine for cattle; could cut human illness


MINNEAPOLIS (AP) -- A Minnesota company has won federal approval to become the first in the U.S. to market an E. coli vaccine for cattle, a new weapon against a foodborne disease that can cause serious illness in people and even death.
Epitopix LLC was given a conditional license from the U.S. Department of Agriculture to sell its vaccine.
Nayyera Haq, a USDA spokeswoman, called it "an important step toward improving food safety in this country," and a major beef group agreed.
"It really is a major milestone for our industry," Michelle Rossman, director of beef safety research for the National Cattlemen's Beef Association, said Thursday.

Most E. coli bacteria are harmless but one kind, known as O157, sickens an estimated 70,000 people in the U.S. every year, according to the Centers for Disease Control and Prevention. Most people recover in a few days, but some get serious complications such as kidney failure. Contaminated beef is a common source of infection and has led to several big meat recalls in recent years.
James Sandstrom, general manager of Willmar-based Epitopix, said the vaccine works by preventing E. coli O157 present in cows' intestines from absorbing iron. The company's technology takes the proteins that the bacteria uses to absorb iron from the host animal, and injects them back into cattle to generate an immune response against those proteins. Without the proteins, the bacteria can't absorb the iron and dies.
With fewer bacteria in the cows' intestines, the risk is reduced that the bacteria will contaminate the carcass at slaughter.
Sandstrom said the vaccine will enter commercial use this month, but it will be several months before it's widely available. He said some major packers and producers will be the first to use it, but declined to name them, saying they don't want their names associated with E. coli even for research.
It's not clear yet how widely the industry will embrace the vaccine.

"That's the $64 million question," Sandstrom said.
E. coli O157 doesn't make cattle sick, so producers who already face slim profit margins may need incentives to use it on their animals. Sandstrom said privately owned Epitopix hasn't set a price for the vaccine yet, but is hoping incentives will come from packers and retailers who would profit from being able to offer consumers safer beef.
A Canadian company that makes an E. coli vaccine for cattle sells it there for $7 U.S. ($9 Canadian) per cow.
A spokesman for Tyson Foods Inc., one of the nation's largest meat processors, declined to comment. A call to Cargill Meat Solutions wasn't immediately returned.

Rossman said the support is likely to be there. She said the industry has already spent millions of dollars on technologies to fight E. coli in packing houses, and is anxious for strategies that work before slaughter. Her group helped fund research at West Texas A&M University that led the USDA to grant the conditional license. Similar work was also done at Kansas State University.

Guy Loneragan, who led the research at West Texas A&M, said he did his study at a commercial feedlot to see how the vaccine worked in "real world" conditions. Among the cattle that got it, he said, there was an 85 percent reduction in animals shedding O157. Among those that still did, there were 98 percent fewer cells of the bacteris in their feces. He said that logically should mean fewer E. coli illnesses in people.
The conditional license allows Epitopix to market the vaccine immediately, but the company must continue conducting potency and efficacy studies to get full licensure.
Another E. coli vaccine for cattle, developed by Bioniche Life Sciences Inc. of Canada, received full approval there last October and Bioniche is seeking USDA approval to sell it in the U.S. Haq declined to say how soon that might be, but Rick Culbert, president of Bioniche's food safety division, said the main thing left is lining up manufacturing facilities in the U.S., as the USDA requires. A Colorado company, GeneThera Inc., is also working on a vaccine, but it's further away from approval.

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