Money Transfer

Fx Hedging Strategies

by Admin

FX Hedging Strategies

Foreign exchange currency is an exciting market with ample opportunities and grandeur chances of accumulating wealth in a limited time. There are many calculations, millions of traders, businesses, and countries involved. Thus, forex is a never-ending cycle which produces the transaction of more than USD 6.6 trillion a day. Interestingly, the opportunities are greater here, and so are the chances of making money. Therefore, FX hedging strategies are considerably outstanding.

Currency hedging mitigates the risk prevailing on currency trading in the international market regarding the returns.

Notably, hedging gives a cushioning of not losing any money even when something goes wrong. So, if you are willing to go on an escapade of experimentation, the forex market is ahead of many assets and supportive in that direction.

As a trader, one feels safe. Moreover, if you choose a broker like ETFinance and ROinvesting, the benefits are incredible.

Here’re some of the best FX hedging strategies for traders.

What is the need for hedging strategies in the forex market?

The market of forex is unpredictable and volatile. It is hard to guess which way the tide will turn. In that case, a trader is always living in the peril of losing funds. The market oscillations are more extensive sometimes, and instead of earning, a market player ends up losing funds. Even sophisticated and experienced investors get affected while trading currency pairs or currencies like the US dollar.

Interestingly, if you’ve traveled abroad, you must have observed that sometimes goods or products you purchase seem inexpensive. That’s due to the exchange rate. But, also, it works conversely as well. It is because of the fluctuations and unforeseen forces forcing instability in the market. Such types of differences and changes can cause distinctions in investment and transactions.

Thus, as a trader, you need to be wary before buying, selling, or purchasing any goods because things change.

Rates of currencies move in waves.From trending on the wayto the other, you can clearly see a wave and evaluate it through a graph. One can observe a significant impact on wealth, especially when you are holding a pair or currency for the short term.

Why is hedging used in forex?

The reason for hedging in forex is simple. It helps in protecting the position of a trader’s currency pair against the averse turns. This is short-term protection from any news or information that may trigger uncertainty in the market and people may lose their money. When we talk about hedging, two other similar strategies are used in a similar situation. You can apply hedge in the opposite direction or buy into options.

Moreover, it enables and helps investors to aim local equity returns in the international forex trades. It is quite simple and cost-effective that you may even imagine.

These ways can pave a path of hedging and benefits.

Strategy number one for hedging in forex

If you are willing to protect your position in the forex market partially through a hedge from an undesirable circumstance, then you can use forex options in the currency pair. However, this planning is addressed as an imperfect hedge because it only casts away some part of the risk and protects half of the partial position related to the trade. However, one must not see it as a downside but a method to apply protection shields.

For creating a situation for an imperfect hedge, a market player has to purchase the put option. It will protect him/her from the downside perils. It can happen while the trader has long currency pair. In the inverse condition, when the bets are on the short currency position, the trader needs to buy call options for reducing the risk possibility.

PS:When a buyer applies a put option, it gives him/her the right sans obligation to sell or short a currency pair at a strike price or prior to the expiry date to the options seller in lieu of the payment in the form of a premium upfront.

On the other side, call options offer a buyer the right but not the obligation to purchase a currency pair at the date of expiry or strike price in exchange for an upfront premium as payment.

Strategy two for hedging in forex

There’s no better thing than fully protecting your positions. It will guard you against any threats that may disrupt the way you trade. Every undesirable situation will be thrown out. It is profitable for traders who trade extensively in thecurrency marketand require a shield from relentless ups and downs.

Here, one has to hold both short and long positions at the same time on the same forex pair. This is known as a perfect hedge. There’s no room for complacency, and profits are fully accompanied in it. So, it is advantageous to traders.

However, there may be some contradiction in overselling a currency pair that you are willing to hold for a longer time. In that condition, two positions will offset each other. Interestingly, it is quite common than it may appear. Such a type of hedge arises when a trader holds short and long positions for long-term trade and does not liquidate them.

There’s a creation contrary trader for the short-term hedge. It happens in front of important information or a piece of news.

Dynamic hedging in forex

The process of dynamic hedging in favor of traders irrespective of their trading experience. However, they require the proper application of strategies. It can be determined as the best thing for a portfolio. Depending on the quantitative indicators and other measures, a trader lands in himself/herself in the best situation. This provides investors with an opportunity to capitalize on currency pair.

Conclusion:

If you are struggling to trade in the forex market, which is full of opportunities, then using brokers like 101investing, ETFinance, ROinvesting, ABinvesting, and others. Hedging gives a chance to retrieve the lost money when the price starts to fall. Traders include several strategies and ways like options, futures trading, etc. of trading in the market successfully applying hedge.

FX Hedging Strategies

Foreign exchange currency is an exciting market with ample opportunities and grandeur chances of accumulating wealth in a limited time. There are many calculations, millions of traders, businesses, and countries involved. Thus, forex is a never-ending cycle which produces the transaction of more than USD 6.6 trillion a day. Interestingly, the opportunities are greater here, and so are the chances of making money. Therefore, FX hedging strategies are considerably outstanding.

Currency hedging mitigates the risk prevailing on currency trading in the international market regarding the returns.

Notably, hedging gives a cushioning of not losing any money even when something goes wrong. So, if you are willing to go on an escapade of experimentation, the forex market is ahead of many assets and supportive in that direction.

As a trader, one feels safe. Moreover, if you choose a broker like ETFinance and ROinvesting, the benefits are incredible.

Here’re some of the best FX hedging strategies for traders.

What is the need for hedging strategies in the forex market?

The market of forex is unpredictable and volatile. It is hard to guess which way the tide will turn. In that case, a trader is always living in the peril of losing funds. The market oscillations are more extensive sometimes, and instead of earning, a market player ends up losing funds. Even sophisticated and experienced investors get affected while trading currency pairs or currencies like the US dollar.

Interestingly, if you’ve traveled abroad, you must have observed that sometimes goods or products you purchase seem inexpensive. That’s due to the exchange rate. But, also, it works conversely as well. It is because of the fluctuations and unforeseen forces forcing instability in the market. Such types of differences and changes can cause distinctions in investment and transactions.

Thus, as a trader, you need to be wary before buying, selling, or purchasing any goods because things change.

Rates of currencies move in waves.From trending on the wayto the other, you can clearly see a wave and evaluate it through a graph. One can observe a significant impact on wealth, especially when you are holding a pair or currency for the short term.

Why is hedging used in forex?

The reason for hedging in forex is simple. It helps in protecting the position of a trader’s currency pair against the averse turns. This is short-term protection from any news or information that may trigger uncertainty in the market and people may lose their money. When we talk about hedging, two other similar strategies are used in a similar situation. You can apply hedge in the opposite direction or buy into options.

Moreover, it enables and helps investors to aim local equity returns in the international forex trades. It is quite simple and cost-effective that you may even imagine.

These ways can pave a path of hedging and benefits.

Strategy number one for hedging in forex

If you are willing to protect your position in the forex market partially through a hedge from an undesirable circumstance, then you can use forex options in the currency pair. However, this planning is addressed as an imperfect hedge because it only casts away some part of the risk and protects half of the partial position related to the trade. However, one must not see it as a downside but a method to apply protection shields.

For creating a situation for an imperfect hedge, a market player has to purchase the put option. It will protect him/her from the downside perils. It can happen while the trader has long currency pair. In the inverse condition, when the bets are on the short currency position, the trader needs to buy call options for reducing the risk possibility.

PS:When a buyer applies a put option, it gives him/her the right sans obligation to sell or short a currency pair at a strike price or prior to the expiry date to the options seller in lieu of the payment in the form of a premium upfront.

On the other side, call options offer a buyer the right but not the obligation to purchase a currency pair at the date of expiry or strike price in exchange for an upfront premium as payment.

Strategy two for hedging in forex

There’s no better thing than fully protecting your positions. It will guard you against any threats that may disrupt the way you trade. Every undesirable situation will be thrown out. It is profitable for traders who trade extensively in thecurrency marketand require a shield from relentless ups and downs.

Here, one has to hold both short and long positions at the same time on the same forex pair. This is known as a perfect hedge. There’s no room for complacency, and profits are fully accompanied in it. So, it is advantageous to traders.

However, there may be some contradiction in overselling a currency pair that you are willing to hold for a longer time. In that condition, two positions will offset each other. Interestingly, it is quite common than it may appear. Such a type of hedge arises when a trader holds short and long positions for long-term trade and does not liquidate them.

There’s a creation contrary trader for the short-term hedge. It happens in front of important information or a piece of news.

Dynamic hedging in forex

The process of dynamic hedging in favor of traders irrespective of their trading experience. However, they require the proper application of strategies. It can be determined as the best thing for a portfolio. Depending on the quantitative indicators and other measures, a trader lands in himself/herself in the best situation. This provides investors with an opportunity to capitalize on currency pair.

Conclusion:

If you are struggling to trade in the forex market, which is full of opportunities, then using brokers like 101investing, ETFinance, ROinvesting, ABinvesting, and others. Hedging gives a chance to retrieve the lost money when the price starts to fall. Traders include several strategies and ways like options, futures trading, etc. of trading in the market successfully applying hedge.

Uncategorized

Market maker Bernard L. Madoff arrested in $50B ‘giant Ponzi scheme’

by Admin
 Correction — January 10, 2009 This article incorrectly states that Mr Madoff attended Hofstra University Law School. His education was actually with Hofstra College, which he graduated from in 1960. 

Friday, December 12, 2008

Top broker and Wall Street adviser Bernard L. Madoff, aged 70, was arrested and charged by the FBI on Thursday with a single count of securities fraud, also known as stock fraud and investment fraud. He allegedly told senior employees of his firm on Wednesday that his $50 billion business “is all just one big lie” and that it was “basically, a giant Ponzi scheme (since at least 2005).” Mr. Madoff faces up to 20 years imprisonment and a fine of up to $5 million. FBI agent Theodore Cacioppi said Mr. Madoff’s investment advisory business had “deceived investors by operating a securities business in which he traded and lost investor money, and then paid certain investors purported returns on investment with the principal received from other, different investors, which resulted in investors’ losses of approximately $50 billion dollars.”

The former chairman of the Nasdaq Stock Market is also the founder and primary owner of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960. The firm is one of the top market maker firms on Wall Street. He founded his family firm with an initial investment of $5,000, after attending Hofstra University Law School. He saved the money earned from a job lifeguarding at Rockaway Beach in Queens and a part time job installing underground sprinkler systems.

A force in Wall Street trading for nearly 50 years, he has been active in the National Association of Securities Dealers (NASD), a self-regulatory organization for the U.S. securities industry. His firm was one of the five most active firms in the development of the NASDAQ, having been known for “paying for order flow,” in other word paying a broker to execute a customer’s order through Madoff. He argued that the payment to the broker did not alter the price that the customer received. He ran the investment advisory as a secretive business, however.

Dan Horwitz, counsel of Mr. Madoff, in an interview, said that “he is a longstanding leader in the financial-services industry with an unblemished record; he is a person of integrity; he intends to fight to get through this unfortunate event.” Mr. Madoff was released on his own recognizance on the same day of his arrest, after his 2 sons turned him in, and posting $10 million bail secured by his Manhattan apartment. Without entering any plea, the Court set the preliminary hearing for January 12.

Madoff’s hedge fund scheme may rank among the biggest fraud in history. When former energy trading giant Enron filed for bankruptcy in 2001, one of the largest at the time, it had $63.4 billion in assets. The scheme would dwarf past Ponzis, and it would further be nearly five times the telecommunication company WorldCom fraud and bankruptcy proceedings in 2002.

The Securities and Exchange Commission filed a separate civil suit on Thursday against Bernard L. Madoff Investment Securities and its eponymous founder Mr. Madoff. It was docketed as “U.S. v. Madoff,” 08-MAG-02735, by the U.S. District Court for the Southern District of New York (Manhattan). SEC, New York associate director of enforcement, Andrew M. Calamari, asked the judge to issue seizure orders on the firm and its assets, and appoint a receiver. The SEC pleads, among others, that “it was an ongoing $50 billion swindle; our complaint alleges a stunning fraud that appears to be of epic proportions.” It further accused the defendant of “paying returns to certain investors out of the principal received from other, different investors” for years. Madoff’s hedge fund business had previously claimed to have served between 11 and 25 clients and had $17.1 billion in assets under management. But virtually all of the assets were missing.

United States District Court for the Southern District of New York Louis L. Stanton on Thursday appointed Lee Richards, a Manhattan lawyer, as the firm’s receiver. A hearing is set for Friday, for a ruling on the SEC’s petition to grant plenary powers to the receiver over the entire firm, and an absolute asset sequestration.

Doug Kass, president of hedge fund Seabreeze Partners Management said that “this is a major blow to confidence that is already shattered — anyone on the fence will probably try to take their money out.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Market_maker_Bernard_L._Madoff_arrested_in_$50B_%27giant_Ponzi_scheme%27&oldid=4561285”
Uncategorized

Wikinews Shorts: June 13, 2007

by Admin

A compilation of brief news reports for Wednesday, June 13, 2007.

Former Philippines first lady Imelda Marcos has been acquitted, due to lack of evidence, of tax evasion charges that date back to the 1980s.

The complaint said Marcos failed to pay 33.734 million Philippine pesos for earning 192.08 million pesos in 1985 and 5.736 million pesos for the Marcos estate in 1989. Without accounting for inflation, the amount tax officials said was owed totals around US$845,000. The case was filed in 1991.

“I thank the Lord that justice for the Marcoses has prevailed,” Marcos was quoted as saying outside the courthouse in Quezon City. “You can be sure that this will be followed by justice for the Filipino people.’’

Sources

  • “QC court acquits Imelda in 5 tax evasion cases filed in ’91” — GMA Network, June 13, 2007
  • Associated Press. “Manila court clears Imelda Marcos” — CNN, June 13, 2007

Thailand’s embattled former prime minister Thaksin Shinawatra had his assets in Thailand ordered frozen on Monday, but today banking officials are having trouble locating some of it.

The Assets Examination Committee ordered 52.8 billion baht (about US$1.5 billion) in 21 accounts seized, but only 43 billion baht has been found.

According to the Bank of Thailand, more than 8 billion baht was withdrawn between June 4 and Monday, with about 5.6 billion baht withdrawn in the name of Thaksin’s brother-in-law, Bhanapot Damapong.

Related

  • “Wikinews Shorts: June 12, 2007#Thai junta says Thaksin can come home” — Wikinews, June 12, 2007
  • “Ex-Thai PM Thaksin’s assets are frozen” — Wikinews, June 11, 2007

Sources

  • “Central bank follows the money” — Bangkok Post, June 13, 2007
  • “Bt8 bn more goes missing” — The Nation (Thailand), June 13, 2007

This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.
This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_Shorts:_June_13,_2007&oldid=724925”
Uncategorized

Failure for constitutional ban on flag-burning in U.S. Senate

by Admin

Wednesday, June 28, 2006

An amendment of the United States constitution banning the burning of the American flag failed by one vote in the Senate on Tuesday. The final tally was 66-34; two-thirds (67 of 100 senators) was required for the amendment to pass.

U.S. President, George W. Bush, gave a statement commending the bipartisan group of Senators for trying to pass the amendment.[1] It was sponsored by Orrin Hatch, a Republican Senator from Utah, and backed by the Republican Majority Leader Bill Frist, of Tennessee.

Even though some members of each party voted for the amendment, some on both sides strongly dissented. Daniel Inouye, a Democrat from the state of Hawaii and a World War II veteran, said — like many other Senators including Kentucky Republican Senator Mitch McConnell — the proposed amendment was against the constitutional right to free speech.

Wikipedia has more about this subject:

Retrieved from “https://en.wikinews.org/w/index.php?title=Failure_for_constitutional_ban_on_flag-burning_in_U.S._Senate&oldid=4466956”
Home Care Services

General, Cosmetic, And Emergency Dental Services

by Admin

byAlma Abell

While most people don’t give it a second thought, the teeth are an incredibly important part of our overall health and appearance. Taking care of them can ensure that they are healthy and beautiful for many years to come. The care of CA Dentists will help patients achieve great oral health and get the smile of their dreams. Dentists can help with general dentistry, cosmetic dentistry, and dental emergencies.

It’s important to get regular dental care. General dentistry covers a wide range of issues, but is generally seen as regular examinations and maintenance. During a regular visit, dentists will examine the teeth to ensure that they are getting proper care. They’ll also be able to find any issues before they arise. A dentist will know what to look for and be able to find a solution before the issue worsens. Dentists are there to help people of all ages achieve healthy smiles while developing good habits. Children will especially benefit from general dentistry. They’ll learn the necessary skills and habits to ensure that they are set up for a life of great teeth.

Having a beautiful smile is important to many people. The smile is often the first thing people see, and can make or break a first impression. CA Dentists offer a variety of different procedures to help make the smile sparkle. One common procedure is teeth whitening. There are a number of ways to achieve whiter teeth. A dentist will assess the teeth and determine he best way to approach. These procedures often only take an hour to complete, so patients can get their desired outcome fast. In addition to whitening, dentists can provide veneers, implants, and a number of other procedures.

There are a number of issues that are considered to be dental emergencies. These issues need to be taken care of fast to help alleviate pain and avoid further issues. Tooth extraction or root canals are just some of the types of dental emergencies. It’s important to find a dentist that offers emergency services. Dentists such as Dr George Braithwaite DMD offer same day service without an appointment. All in all, dentists can help with a number of different things to help make the smile the best it can be. It’s important to take care of the teeth to ensure they are there for years to come.

Uncategorized

Dog owner to face felony charge

by Admin

Thursday, March 17, 2005

Two dog attacks in a week puts Spotsylania County authorities in the spotlight to take action on pet owners for their dog’s behavior. In unrelated incidences, an elderly woman was killed and another woman was bitten. Three dogs have been shot dead by police.

An 82 year old woman was walking her Shih Tzu breed of dog in her front yard last week when she came under attack by three Pit Bulls. She died being transported to the hospital after police responded and shot two of the attacking dogs. They later captured the third dog and euthanized it.

More recently, a 31 year old woman was bitten on her hand during a fight that ensued between two Pit Bulls in her back yard. The responding police officer shot the aggressor dog.

Public outcry over the death of the elderly woman stirred procecutors to charge the dogs’ owner, Deeana Large, with involuntary manslaughter. This is a first for the Commonwealth of Virginia where charges that carry a maximum penalty of 10 years are leveled in a case involving a pet’s owner. In order to gain an indictment, prosecuters will have to prove the dogs’ owner was criminally negligent. In the biting incident, the attacking dog’s owner faces a misdemeanor charge of letting the dog run at large.

Deeana Large, who initially said she owned only 1 of the 3 dogs involved in the mauling case, has not yet been formally charged and awaits indictment. Investigators in the case say there were earlier reports of her dogs allegedly killing a German Shepard and a kittten in her neighborhood. Complaints by neighbors spurred an animal control officer to be looking for the dogs at the time the woman was killed.

Retrieved from “https://en.wikinews.org/w/index.php?title=Dog_owner_to_face_felony_charge&oldid=716862”
Uncategorized

Cleveland, Ohio clinic performs US’s first face transplant

by Admin

Thursday, December 18, 2008

A team of eight transplant surgeons in Cleveland Clinic in Ohio, USA, led by reconstructive surgeon Dr. Maria Siemionow, age 58, have successfully performed the first almost total face transplant in the US, and the fourth globally, on a woman so horribly disfigured due to trauma, that cost her an eye. Two weeks ago Dr. Siemionow, in a 23-hour marathon surgery, replaced 80 percent of her face, by transplanting or grafting bone, nerve, blood vessels, muscles and skin harvested from a female donor’s cadaver.

The Clinic surgeons, in Wednesday’s news conference, described the details of the transplant but upon request, the team did not publish her name, age and cause of injury nor the donor’s identity. The patient’s family desired the reason for her transplant to remain confidential. The Los Angeles Times reported that the patient “had no upper jaw, nose, cheeks or lower eyelids and was unable to eat, talk, smile, smell or breathe on her own.” The clinic’s dermatology and plastic surgery chair, Francis Papay, described the nine hours phase of the procedure: “We transferred the skin, all the facial muscles in the upper face and mid-face, the upper lip, all of the nose, most of the sinuses around the nose, the upper jaw including the teeth, the facial nerve.” Thereafter, another team spent three hours sewing the woman’s blood vessels to that of the donor’s face to restore blood circulation, making the graft a success.

The New York Times reported that “three partial face transplants have been performed since 2005, two in France and one in China, all using facial tissue from a dead donor with permission from their families.” “Only the forehead, upper eyelids, lower lip, lower teeth and jaw are hers, the rest of her face comes from a cadaver; she could not eat on her own or breathe without a hole in her windpipe. About 77 square inches of tissue were transplanted from the donor,” it further described the details of the medical marvel. The patient, however, must take lifetime immunosuppressive drugs, also called antirejection drugs, which do not guarantee success. The transplant team said that in case of failure, it would replace the part with a skin graft taken from her own body.

Dr. Bohdan Pomahac, a Brigham and Women’s Hospital surgeon praised the recent medical development. “There are patients who can benefit tremendously from this. It’s great that it happened,” he said.

Leading bioethicist Arthur Caplan of the University of Pennsylvania withheld judgment on the Cleveland transplant amid grave concerns on the post-operation results. “The biggest ethical problem is dealing with failure — if your face rejects. It would be a living hell. If your face is falling off and you can’t eat and you can’t breathe and you’re suffering in a terrible manner that can’t be reversed, you need to put on the table assistance in dying. There are patients who can benefit tremendously from this. It’s great that it happened,” he said.

Dr Alex Clarke, of the Royal Free Hospital had praised the Clinic for its contribution to medicine. “It is a real step forward for people who have severe disfigurement and this operation has been done by a team who have really prepared and worked towards this for a number of years. These transplants have proven that the technical difficulties can be overcome and psychologically the patients are doing well. They have all have reacted positively and have begun to do things they were not able to before. All the things people thought were barriers to this kind of operations have been overcome,” she said.

The first partial face transplant surgery on a living human was performed on Isabelle Dinoire on November 27 2005, when she was 38, by Professor Bernard Devauchelle, assisted by Professor Jean-Michel Dubernard in Amiens, France. Her Labrador dog mauled her in May 2005. A triangle of face tissue including the nose and mouth was taken from a brain-dead female donor and grafted onto the patient. Scientists elsewhere have performed scalp and ear transplants. However, the claim is the first for a mouth and nose transplant. Experts say the mouth and nose are the most difficult parts of the face to transplant.

In 2004, the same Cleveland Clinic, became the first institution to approve this surgery and test it on cadavers. In October 2006, surgeon Peter Butler at London‘s Royal Free Hospital in the UK was given permission by the NHS ethics board to carry out a full face transplant. His team will select four adult patients (children cannot be selected due to concerns over consent), with operations being carried out at six month intervals. In March 2008, the treatment of 30-year-old neurofibromatosis victim Pascal Coler of France ended after having received what his doctors call the worlds first successful full face transplant.

Ethical concerns, psychological impact, problems relating to immunosuppression and consequences of technical failure have prevented teams from performing face transplant operations in the past, even though it has been technically possible to carry out such procedures for years.

Mr Iain Hutchison, of Barts and the London Hospital, warned of several problems with face transplants, such as blood vessels in the donated tissue clotting and immunosuppressants failing or increasing the patient’s risk of cancer. He also pointed out ethical issues with the fact that the procedure requires a “beating heart donor”. The transplant is carried out while the donor is brain dead, but still alive by use of a ventilator.

According to Stephen Wigmore, chair of British Transplantation Society’s ethics committee, it is unknown to what extent facial expressions will function in the long term. He said that it is not certain whether a patient could be left worse off in the case of a face transplant failing.

Mr Michael Earley, a member of the Royal College of Surgeon‘s facial transplantation working party, commented that if successful, the transplant would be “a major breakthrough in facial reconstruction” and “a major step forward for the facially disfigured.”

In Wednesday’s conference, Siemionow said “we know that there are so many patients there in their homes where they are hiding from society because they are afraid to walk to the grocery stores, they are afraid to go the the street.” “Our patient was called names and was humiliated. We very much hope that for this very special group of patients there is a hope that someday they will be able to go comfortably from their houses and enjoy the things we take for granted,” she added.

In response to the medical breakthrough, a British medical group led by Royal Free Hospital’s lead surgeon Dr Peter Butler, said they will finish the world’s first full face transplant within a year. “We hope to make an announcement about a full-face operation in the next 12 months. This latest operation shows how facial transplantation can help a particular group of the most severely facially injured people. These are people who would otherwise live a terrible twilight life, shut away from public gaze,” he said.

Retrieved from “https://en.wikinews.org/w/index.php?title=Cleveland,_Ohio_clinic_performs_US%27s_first_face_transplant&oldid=4627150”
Uncategorized

Tropical moisture ceases to cause severe floods in South East Australia

by Admin

Friday, March 26, 2021

On Tuesday, higher than average amounts of precipitation have ceased in New South Wales (NSW), south of Queensland, and north-east of South Australia. Over the course of the prior five days, these heavy rains caused floods and hazards to farms and dwellings, with up to a month quantity of rainfall falling within 48 hours on Monday and Tuesday in some areas, notably 150mm of rain at the Great Dividing Range, Bureau of Meteorology (BoM) reported.

On Tuesday, BoM said the situation reportedly started to ease, with rains moving towards the east, but emphasised the water levels were continuing to rise in some areas and many flood alerts remained active. Meteorologists said the eastern areas may clear from floodwater quickly, the other regions to the west of the Great Dividing Range would be affected for much longer, potentially weeks or months before the water levels come back to normal. Thick fog was likely to occur at approximately this coming weekend as air temperatures drop below dew point at night and mist may develop, meteorologists warned, as News.com.au reported.

In Taree, NSW, ABC News reported multiple cows rescues in rivers and in the surf, and an instance of a dwelling being reportedly swept from premises on a wedding day of its owners. ABC News reported a farmer losing his animals and his house at Mid-North Coast. Of residential areas, Hawkesbury continued to experience raising levels of flood as of Monday. Ian Wright, a researcher from Western Sydney University, commented saying the floods in Hawkesbury are dangerous due to the terrain and rigorous water supply from adjacent rivers to the area, citing a related publication about it by the State Emergency Service.

On Monday, NSW Police has rescued a 80-year old woman trapped in a car at River Road, Wyong, Central Coast, with the car subsequently falling into the river shortly after the rescue was completed.

Local authorities warned people to stay away from flooded areas. Bureau of Meteorology issued Road Weather Alert for Sydney for all suburbs on Monday. Government agencies, including Disaster recovery officer Simon Oliver, from the Department of Primary Industries, said the government would offer support to people affected by the flood. Oliver said, “While it’s still early days, we are planning to provide support including emergency fodder as well as support for those who need to move or dispose of stock [animals].”

BoM reported the weather may clear on Wednesday as a warmer, drier mass of air was expected to increase, with a coastal low entering Bass Strait on Wednesday.

Since March 16, Australian BoM has issued severe weather, marine wind, hazardous surf, and numerous minor to major flood warnings for the affected areas. La Niña was nearing its end, with the effects persisting in late March and early April, Bureau of Meteorology reported last week.

Retrieved from “https://en.wikinews.org/w/index.php?title=Tropical_moisture_ceases_to_cause_severe_floods_in_South_East_Australia&oldid=4616052”
Networkings Solutions

Learn Python Programming Step By Step}

by Admin

Learn Python Programming Step by Step

by

Infocampus

Python today stands amongst the top 5 most popular and practical programming languages as per the latest TIOBE Index. It is a multipurpose, high-level, object-oriented, interactive, interpreted and extremely user-friendly programming language.

Being interactive means that you can type the code straight in Python console which then interacts with the interpreter for execution. It proposes a simple coding style which makes it the preferred language for everyone planning to begin his or her career in programming.

Not only Python is the 4th most popular language as per TIOBE index but also the 3rd highest earning programming language. Please refer to the above developer’s salaries chart.

Python has applications in a variety of areas be they are desktop apps, web apps, data mining or machine learning.

You can make websites, create games, use it for web scrapping, robotics, and browser automation i.e. using Selenium with Python. And almost everything that any object-oriented programming language can do

Let’s first get some background before you further dive into reading the Python tutorial. It is always propitious to know about the tool which you are planning to learn.

Python is a general-purpose programming language which began as a solution to automate system level tasks in its early phases. However, soon, it became quite famous due to its extensive application development support. It allowed creating websites with a backend, GUI tools using PyQt/Tkinter, predicting stocks using machine learning (libraries like scikit-learn), data analysis using Pandas modules and game development with PyGame.

Python is easy to learn, highly readable, and simple to use. It has a clean and english-like syntax which requires less coding and let the programmer focus on the business logic rather than thinking about the nitty-gritty of the syntax.

Python – A Sneak View in the History.

It was a Dutch programmer, Guido Van Rossum, who wrote Python as a hobby programming project back in the late 1980s. Since then it has grown to become one of the most polished languages of the computing world.

What Led Guido to Create Python?

In his own words, Guido revealed the secret behind the inception of Python. He started working on it as a weekend project utilizing his free time during Christmas in Dec’1989. He originally wanted to create an interpreter, a descendant of the ABC programming language which he was a contributing developer. And we all know that it was none other than Python which gradually transformed into a full-fledged programming language.

How the Name Python Came About?

Guido initially thought the Unix/C hackers to be the target users of his project. And more importantly, he was fond of watching the famous comedy series [The Monty Python’s Flying Circus]. Thus, the name Python struck his mind as not only has it appealed to his taste but also to his target users.

Python Programming Silent Features.

Code Quality.

Python code is highly readable which makes it more reusable and maintainable. It has broad support for advanced software engineering paradigms such as object-oriented (OO) and functional programming.

Developer Productivity.

Python has a clean and elegant coding style. It uses an english-like syntax and is dynamically typed. So, you never declare a variable. A simple assignment binds a name to an object of any type. Python code is significantly smaller than the equivalent C++/Java code. It implies there is less to type, limited to debug, and fewer to maintain. Unlike compiled languages, Python programs don’t need to compile and link which further boosts the developer speed.

Code Portability.

Since Python is an interpreted language, so the interpreter has to manage the task of portability. Also, Python’s interpreter is smart enough to execute your program on different platforms to produce the same output. So, you never need to change a line in your code.

Built-in and External Libraries.

Python packages a large no. of the prebuilt and portable set of libraries. You can load them as and when needed to use the desired functionality.

Component Integration.

Some applications need interaction across different components to support the end to end workflows. Onc such component could be a Python script while other be a program written in languages like Java/C++ or any other technology.

Python has several ways to support the cross-application communication. It allows mechanisms like loading of C and C++ libraries or vice-versa, integration with Java and DotNET components, communication using COM/Silverlight, and interfacing with USB devices over serial ports. It can even exchange data over networks using protocols like SOAP, XML-RPC, and CORBA.

Free to Use, Modify and Redistribute.

Python is an OSS. You are free to use it, make amends in the source code and redistribute, even for commercial interests. It is because of such openness that Python has garnered a large community base which is continually growing and adding value.

Object-oriented from the Core.

Python primarily follows an object-oriented programming (OOP) design. OOP provides an intuitive way of structuring your code, and a solid understanding of the concepts behind it can let you make the most out of your coding. With OOP, it is easy to visualize the complex problem into smaller flows by defining objects and how they correlate. And then we can form the actual logic to make the program work.

Infocampus is a best Python Training In Bangalore locating in Marathahalli, Bangalore. It is a excellent institute for python. Free demo classes will be conducted on every week. Free placement assistance is provided. Get training on python at Best Python Training Institute In Marathahalli Visit http://infocampus.co.in/python-training-in-bangalore.html and make an enquiry to get a call back with much more information. Contact 9738001024 and attend demo.

Article Source:

eArticlesOnline.com}

Uncategorized

2008 COMPUTEX Taipei: Three awards, One target

by Admin

Monday, June 23, 2008

2008 COMPUTEX Taipei, the largest trade fair since its inception in 1982, featured several seminars and forums, expansions on show spaces to TWTC Nangang, great transformations for theme pavilions, and WiMAX Taipei Expo, mainly promoted by Taipei Computer Association (TCA). Besides of ICT industry, “design” progressively became the critical factor for the future of the other industries. To promote innovative “Made In Taiwan” products, pavilions from “Best Choice of COMPUTEX”, “Taiwan Excellence Awards”, and newly-set “Design and Innovation (d & i) Award of COMPUTEX”, demonstrated the power of Taiwan’s designs in 2008 COMPUTEX Taipei.

Retrieved from “https://en.wikinews.org/w/index.php?title=2008_COMPUTEX_Taipei:_Three_awards,_One_target&oldid=1108560”