Poland leak: Radek Sikorski scorns 'worthless' US ties

Polish Foreign Minister Radek Sikorski has called his country's ties with the US "worthless", a Polish news magazine says, providing excerpts of a secretly recorded conversation.

The magazine Wprost is already at the centre of another scandal over leaked tapes involving the Polish government.

It has also published remarks allegedly made by Mr Sikorski in which he criticised UK Prime Minister David Cameron's handling of EU affairs.

He has not denied using such language.

But Poland's foreign ministry has said the remarks have been taken out of context. Mr Sikorski and PM Donald Tusk have accused an "organised crime group" of being behind the revelations.

The raid on Wprost's offices by a
 prosecutor was broadcast live by
 several TV channels in
Poland last week.

Earlier this month Mr Sikorski, a conservative and leading critic of Russia in the current Ukraine crisis, was nominated by the Polish government to replace Catherine Ashton as EU foreign policy chief. Baroness Ashton, known as the EU high representative, will step down in November, but EU leaders have not yet decided who will replace her. 

 According to the excerpts, Mr Sikorski told former Finance Minister Jacek Rostowski at a restaurant in Warsaw early this year that "the Polish-US alliance isn't worth anything".

Using vulgar language, he compared Polish subservience to the US to giving oral sex. He also warned that such a stance would cause "conflict with the Germans, Russians"He also used a racially loaded term to describe the Polish stance - "murzynskosc", which suggests a slave mentality.

"[We are] suckers, total suckers. The problem in Poland is that we have shallow pride and low self-esteem,'' Mr Sikorski was quoted as saying.

Polish President Bronislaw Komorowski told reporters on Monday that the US was a "very important ally and partner".

In further remarks, published by Wprost, the foreign minister goes on to talk about Mr Cameron's immigration policy: "It's either a very badly thought through move, or, not for the first time, his incompetence in European affairs."

He goes on to say, using expletive-laden terms, that Mr Cameron messed up the 2011 EU fiscal compact pact on budget discipline, which the UK tried to block. "Because he's not interested, because he doesn't get it, because he believes in this stupid propaganda, he stupidly tries to manipulate the system," Mr Sikorski was quoted as saying.

Although bugging of conversations to gain information is illegal in Poland, punishable by up to two years in jail, the series of leaks has hit the Polish government hard.

Prosecutors were widely criticised when they ordered a late-night raid last Wednesday on the offices of Wprost, broadcast live on Polish TV, during which the magazine's editor refused to hand over his laptop. The following day, the prime minister said he might have to call snap elections.

In the initial leak, Wprost published the content of an alleged private conversation in which Poland's top banker discussed the next election with a minister.

Under Polish law, the central bank must remain independent of politics.

In the recording, Interior Minister Bartlomiej Sienkiewicz was allegedly heard talking to Marek Belka, head of the National Bank of Poland.

Mr Belka was apparently heard calling for ex-finance minister Rostowski to be removed in return for the bank's support in the event of an economic crisis.

Wondered what impact if any this will cause to the markets, What do you think?

http://www.bbc.co.uk/news/world-europe-27973473

To Become Successful At Forex Trading, Follow This Advice.

Finding the right business model and business plan in this economy can be really hard. Building your business from scratch and marketing a product are things that require a lot of work. Many people interested in business are trading foreign currencies, otherwise known as forex, to make a profit. Read on to learn about starting a successful career in foreign exchange.

Foreign Exchange

Foreign Exchange depends on the economy more than other markets. Before engaging in Foreign Exchange trades, learn about trade imbalances, interest rates, fiscal and monetary policy. If you jump into trading without fully understanding how these concepts work, you will be far more likely to lose money.

Set up at least two different accounts in your name to trade under. A real account and a demo account which you can use to test out different trading strategies without risking any money.

Practicing your skills will prepare you for a successful trading career. Try to practice live trading with a demo account so you can have a sense for foreign exchange trading without taking lots of risk. Online tutorials are a great way to learn the basics. The more knowledgeable you are about the market before you start trading, the better.

It is important to set goals and see them through. If you plan to pursue foreign exchange, set a manageable goal for what you want to accomplish and make a timetable for that goal. Give yourself some room to make mistakes. You should also figure out how much time you can devote to trading, including the necessary research needed.

Currency Pairs

Try to stick to trading one or two currency pairs when you first begin Foreign Exchange trading to avoid overextending yourself and delving into every pair offered. This could cause unwanted confusion and frustration. Grow your confidence and opportunities for success by maintaining focus on primary currency pairs.

You do not have to purchase an automated software system to practice Foreign Exchange with a demo account. You can get an account on forex’s main website.

Where you place stop losses in trading is more of an art than a science. When you are going to trade stay on an even keel. Put together different strategies. Basically, the best way to learn how to adequately learn to stop loss is through experience and practice.

A safe investment is the Canadian dollar. Forex trading is sometimes difficult, because following the international news can be hard. Canadian money usually trends in a similar fashion to the U. S. The US dollar is a strong currency.

Novice Forex traders tend to get pretty pumped up when it comes to trading and focus an excessive amount of their time towards the market. The majority of traders are only able to devote their time and energy to the market for a matter of hours. The market is not going anywhere, so take breaks to clear your head and refocus.

The best idea is to actually leave when you are showing profits. Come up with a plan for your trading ventures to help you avoid acting upon your impulses.

Many professional forex traders will advise you to record your trades in a journal. Journaling helps you document and emotionally process your high peaks as well as your dark valleys. This will make it easy for you to examine your results over time and continue using strategies that have worked in the past.

You will be able to trade with ease if you choose an extensive platform for Forex. Many of the platforms available have integrated an option to alert the trader via their mobile phone, while also providing a mobile base to view available data. This will allow for much more flexibility, and will improve how quickly you are able to react. Do not let a good investment pass you by because you do not have access to the Internet at the moment.

Now, you need to understand that trading with Foreign Exchange is going to require a lot of effort on your part. Just because you’re not selling something per se doesn’t mean you get an easy ride. Just remember to focus on the tips you’ve learned above, and apply them wherever necessary in order to succeed.

Many people wish to become more knowledgeable about what is a forex, but they may not know how to do that. Thankfully, this article contains excellent tips to help you move ahead. All you need to do now is put it into action.



http://whatisaforex.com/blog/helpful-hints-for-forex-novices-and-pros/

Helpful Hints For For Novices and Pros

Whilst many people are interested in foreign exchange trading, they are also very hesitant about entering the field. Some may be intimidated by the difficulty. Always think about your trades and be conscious of what you are spending. Prior to investing, you should properly educate yourself. Ensure that you’re up to date on the latest information. Below are some pieces of advice to assist you in doing just that!

Foreign Exchange

Practice, practice, practice. As a novice, this will help you get a sense of the market and how it works without the risk of using your hard-earned cash. There are plenty of online foreign exchange tutorials for beginners that will help you understand the basics. Before you trade, be sure to educate yourself about Foreign Exchange to fully understand what it is all about.

Look at daily and four hour charts on foreign exchange. Technology makes tracking the market easier than ever, with charts in up to 15 minute intervals. The problem with these short-term cycles is that they fluctuate wildly and reflect too much random luck. Try to limit your trading to long cycles in order to avoid stress and financial loss.

Traders use an equity stop order to limit losses. Using this stop means that trading activity will be halted once an investment has decreased below a stated level.

DO not let emotions seep in when things go really wrong or really well. When trading in Forex markets, it is vital that you stay calm, cool and collected, as irrational decisions can easily result in unnecessary losses.

No purchase is necessary to play with a demo forex account. Go to Forex’s main website and search out an account there.

When it comes down to placing stop losses correctly in Forex, this can be more of an art than a science. Traders must find the fine balance of gut intuition and technical expertise to be successful. You will need to gain much experience before Forex trading becomes familiar to you.

Spend Money

Don’t spend money on a bot to trade for you, or a book claiming to have all the secrets on getting rich off foreign exchange trading. The majority of the time, these goods have never been proven to make anybody solid money on a long-term basis. The people who create these are the ones getting rich by profiting off you. If you want to spend money on cultivating your Foreign Exchange skills, hire a pro to give you one-on-one tutoring, as this provides the most bang for your buck.

Learn how to read and analyse market patterns yourself. The only way to become successful at any market is to form your own opinions and establish your own methods.

You will need to make many decisions when you jump into forex trading. This is why lots of people are slow to begin. Whether you are just beginning, or have already begun trading, the tips you have learnt here can be used to your benefit. Don’t forget – knowledge is key, so always keep up to date with new information. When your money is involved, it is especially important to think through every decision. Your investments should be smart!

Many people wish to become more knowledgeable about what is a forex, but they may not know how to do that. Luckily, the following article has some great information to help you get started. Begin using the information that you have learnt about what is a Forex from this article.


http://whatisaforex.com/blog/helpful-hints-for-forex-novices-and-pros/

Need To Succeed At Forex? Use This Advice To Do It!

Many people falsely believe that Forex trading is hard or confusing. But most people do not do the research that is needed to succeed at Forex. This information is the start of doing that research; it will let you get right into forex trading.

Keep informed of new developments in the areas of currency which you have invested in. Money will go up and down when people talk about it and it begins with media reports. You're probably going to want to link up your email and text with alerts from your markets, which can help you capitalise when big news happens.

Watching for a dominant up or down trend in the market is key in forex trading. It is very simple to sell signals in an up market. You should try to select trades based on trends.

Avoid Forex robots which promise easy money with little effort. Though those on the selling end may make lots of money, those on the buying end stand to make almost nothing. Keep your mind on the trade and make prudent decisions about what to do with your money.

Forex trading should not be treated lightly. Investing in Forex is not a fun adventure, but a serious endeavour, and people should approach it in that manner. A gambling casino might be a better use of their time and money.

Experience is the key to making smart forex decisions. Using demos to learn is a great way to understand the market. There are numerous online lessons you can use to gain an upper hand. The more knowledgeable you are about the market before you start trading, the better.

Make sure that you adequately research your broker before you sign with their firm. For the best chance at success, select a broker who has been working for a minimum of five years and whose performance is at least as good as the market. These qualifications are particularly important if you are a newcomer to currency trading.

When you begin trading in the Forex market, investing in many different currencies may be tempting. Stick with a single currency pair until you've got it down pat. Only begin expanding when you become more familiar with the market so you do not have a higher risk of losing money.

Trading on the forex market can have major consequences, and should be taken seriously. It should not be a medium for thrill-seekers to foolishly spend money. Those looking for adventure would do as well going to Las Vegas and trying to make money there.

Many investors new to Forex will experience over-excitement and become completely absorbed with the trading process. After a few hours, it is difficult to give the trades the focused attention that they require. This is why you should always allow yourself to have a break in order to rejuvenate. It will be waiting when you return.

A beginning Forex trader should avoid spreading himself too thin and concentrate on simpler, easier to understand trades. Also, stay with major currency pairs. Don't overwhelm yourself trying to trade in a variety of different markets. If you are juggling too many trades, you are more likely to become careless with your choices.

Make sure that your Forex platform is flexible and versatile. Look for platforms that harness the power of smartphone technology, and you could receive alerts, trade information, and investigate data nearly anywhere you go. This will increase the time of your reaction and offer greater flexibility. Just because you may not have internet access doesn't mean you should let an investment go by the wayside.

Forex trading is all about making hard choices. Many people are too hesitant to begin trading, but you can make profits while they're on the sidelines. If you are finally ready, or if you have been trading for a while now, use the tips that you have read to gain more of a benefit. Stay on top of current forex techniques and news by learning all you can. Make wise choices when spending money. Be smart about your investment choices.

 

 

 http://www.pressbox.co.uk/Internet/Need_To_Succeed_At_Forex_Use_This_Advice_To_Do_It__1493718.html