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Pink Lake Hillier, Australia Lake Hillier is a bubble-gum-pink lake right on the edge of Recherché Archipelago’s largest island in Australia. It’s literally just a few steps away from a “normal” coloured Southern Ocean, but despite the pressure from its neighbour it refuses to compromise its pink colour. Scientists cannot figure out why Lake Hillier is pink, speculating that it’s caused by a reaction of sea salt and sodium bicarbonate (which ...
U.S. Stocks on Wrong Side of History With Rate Rise in Sight (Bloomberg)Stock Buybacks That Hurt Shareholders (NYT)Calpers to Cut External Money Managers by Half (WSJ)The Ideal Financial Advisor: Part Human, Part Droid? Investors are finding more hybrid financial services that offer both custom advice and automated options.(USN&WR)Doug McMillon: The man who’s reinventing Walmart (Fortune)Everyone wants to be happy. Almost everyone is ...
Embedding a video into a web page used to be a real challenge in the early days of the web. You had different formats to chose from, other visitors might not have the proper software installed to see the video, and bandwidth was still limited, as many people were still on dialup. Fast forward to 2011. Most people now have broadband, and although there are still many video formats, the most commonly used method to embed video today is via the Flash player ...
Rand Exchange Rate Trending at 11-Week Low vs GBP, USD and the EUR on Credit Rating Expectations. Expectations that top ratings agency Fitch would downgrade South Africa’s credit rating placed the Rand exchange rate under heavy pressure on Friday, despite some analysts asserting that the institution is more likely to affirm the nation’s BBB sovereign credit rating and negative outlook. According to one industry expert; ‘While ...
The EUR/USD soared for several days adding almost 300 points to trade above the 1.13 level to reverse course Friday and fall 125 points to end the week at 1.1114. The euro had to deal with the Greek situation which is now hitting its pinnacle as Greece did not make the June 5th payment and asked the IMF to combine all the June payments to pay at the end of the month. The ECB supported the currency and Mario Draghi sent the euro soaring at his monthly ...
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