Gaddafi says he will defeat of Western forces

Vehicles belonging to forces loyal to the Libyan leader explode after an air strike by coalition

forces, along a road between Benghazi and Ajdabiyah on Saturday

Source: Dailymail

On Saturday evening the 19th March 2011, hours after a cease fire was declared by the Gaddafi regime, a French aircraft carried out the first strike on an unknown Libyan vehicle, fulfilling its promise of US, British and French military intervention in Libya. The rockets destroyed the Lybiasair defense installations and a no-fly zone was immediately established over Lybia.

Once again, the representatives of a despotic regime has been taking hectic and unsustainable actions against the people who are against him, and once again the authorities have been willing to move from words to action. But this time, the international community cannot and does not stand by and watch.
The good thing about the late action against Gaddafi is after all the action now taking place has been sanctioned by the UN Security Council and with a cautiously but still a full support by the Arab League.

The opposition is very beleaguered, but hopefully it involves intervention by the Allies to that Gaddafi will fail to take control of Benghazi, thus, the opposition and resistance remain and can be consolidated. There Allies front a very demanding period of time, during which it applies to weaken the dictatorship while preventing loss of life. Gaddafi appears to be aiming at escalating the situation by handing outweapons.

The UN-sanctioned attack on Libya is not a good solution but there is perhaps no other solution.

The Swedes digs gold overseas -Is there a Turning point in sight for the SEK?

source: usagold.com

SEK's rise versus EUR has been driven by expected short-term interest rate differentials (EUR-SEK) as much as it has been driven by the escalation of Europe's sovereign debt crisis in 2010 and solid economic fundamentals in Sweden. Although Sweden has an independently strong recovery - driven predominantly by goods exports - much of the pick-up in demand for Swedish goods has been a result of strong growth in Germany, Sweden's largest trading partner. Goods exports have been growing and resulted in strong gains in domestic consumption.

However, the future outlook for Sweden is maybe less certain as monetary tightening in the euro area in combination with signs of a moderation in emerging market growth (particularly China) could increase downside risks to Sweden during the aforementioned period. Further more ECB tightening and a moderation in German growth later in 2011 and not to mention rising inflation pressures which could act as a tax on growth across the globe. To summarize the yield advantage in favour of SEK (relative to EUR) may diminish somewhat as 2011 progresses.

If euro area sovereign debt distress intensifies in the near-term, forcing the ECB to remain on hold with rates a while longer, there is a risk that EUR/SEK could breach previous cyclical lows in the SEK 8.70 area. Still in my point of view the more likely scenario is that SEK sees a period of consolidation versus EUR.

Source: ecb.int/stats/exchange/eurofxref/html/eurofxref-graph-sek.en.html

Source: Monthly, FXshneider Report

The panic is near

source: connectchurchabbotsford.wordpress.com

The four injured reactors in Fukushima continue to leak radioactivity. There is still disagreement about the severity of the catastrophe and the Japanese authorities are being criticized.

But remember that there is not nuclear power in general that is suffering in Fukushima, it is a nuclear power plant that has been built in one of the world's most earthquake-threatened areas that now has foundered.

Similarly, it was not "Nuclear power" who suffered in Chernobyl 25 years ago, but a nuclear plant run by lousy engineering, minimal safety culture in a society with absolutely nothing of public debate and critical scrutiny.

European nuclear power is the bedrock of an open society. It gives no reason to worry too much about security and do not output free from any risk, but so does the risk assessment will be another nuclear power, which is needed in the real world, however, never entirely risk-free options available to us.

The nation of Japan is in a critical time of need, so let us pray for the peace and safety of Japan !

Looking into the FUTURE

The economy will continue to improve at a slow pace, especially in Europe and in the US.

Greatest threat in the short term is the unrest in Libya and its vicinity. This is in the short-term driving up oil prices and in case this will be permanent, it will threaten growth. My opinion is that the mad Gaddafi will not be able to keep himself on the power for much longer. Therefore, I believe in a falling oil price and will not invest in any companies that produce oil.

The imbalances between the different countries in Europe, where Portugal, Spain,Greece and Ireland have deficits in state budgets will continue and probably increase in future years. However, I believe that this can be managed and above all I do not think this will scare the investors during the coming period. In particular, a benefit for the banks that lent large sums of money to these countries.

Investment proposals

Bank Shares

Bank Shares- RBS (Royal Bank of Scotland) because I think they have a good management team and will be the winner of the banks in the UK. Price £ 44.00.

Oil Stocks

Because I believe that the crisis will dissolve in Libya blanks (selling short, ie selling something you do not have to buy it back cheaper at a later date). BP is one of the major oil companies which will see its share price decline as oil prices fall.

Swedish shares in the engineering industry

Sweden's krona will likely continue to evaluate in the coming months, this mean that several Swedish engineering shares have fallen this year, although they have come up with good gains. I believe in the truck manufacturer Volvo. Course 106.50 SEK

Retail

Think that the rate of H&M went down way too much and giving shares currently has a yield of nearly 5%. H&M is growing by almost a store a day. Price 210 SEK.

Something to spice your investment portfolio up

Paradox Entertainment, owns the right to all the stories written by author Robert E. One of the most famous characters is Conan the Barbarian. There were two Conan movies in the 80s, and it was in these movies that Arnold Schwarzenegger broke through. Now, finally a third movie will be out on 19th of August 2011 in the U.S. and in the UK. This movie will surely be a great success. The advertising for the film will start soon which will increase the interest in shares that are quoted on the Swedish stock market for a price of 2.70 SEK