BARACK OBAMA’S PLAN TO STIMULATE THE ECONOMY

Barack Obama’s economic plan will inject $75 billion of stimulus into the economy by getting money in the form of tax cuts and direct spending directly to the people who need it most. Obama’s proposal will immediately provide stimulus using means that do not require lengthy governmental or administrative delays.

The plan also reserves an additional $45 billion of stimulus that can be injected into the economy quickly in the future if the economy continues to deteriorate.

For most Americans, this is a time of great economic anxiety. People are working harder for less and paying more for everything from health care, to college tuition, to filling up the gas tank. Recent data reveals that the unemployment rate has experienced its sharpest monthly increase since 2001 the last time the economy fell into recession. Jobs have been lost in a wide range of industries, including construction, manufacturing, retail and

the financial services. Last month only 18,000 jobs were created – a tiny fraction of the 125,000 jobs the economy needs to generate each month to keep pace with population growth.

Limited job growth has been coupled with inflation that is outpacing increases in average wages, meaning that even those who keep their jobs have less buying power. Consumer confidence levels are the lowest they have been since Hurricane Katrina and consumers are starting to cut back on spending as evidenced by lower-thanexpected holiday sales with automobile purchases falling to their lowest level in a decade.

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[SigmaForex Introducing Broker]

Expand your business and revenue potential while offering your referred clients the highest available level of service and support.
Sigma’s Introducing Broker Program allows individuals to receive remuneration for directing new clients to Sigma.

Refer new self-directed or managed account clients to Sigma and make easier the account opening and funding process. In return, Sigma provides all of the essential tools and resources you need to launch and manage a successful IB operation.
We are committed to delivering the highest levels of service and a quality product offering to help you grow your business.
Sigma provides an array of services and as an Introducing Broker, you and your clients will benefit from:

Sophisticated trading platform

Our trading platform feature quality execution capabilities as well as advanced and easy-to-use order entry and position management tools, all in a secure environment. A full suite of decision support tools, from charting to research, news and more, are also available to clients free of charge.
Furthermore, our software, service, and execution is second to none.
Account for all levels of experience

Your clients will be able to organize their trading account according to their needs and their experience level and risk appetite. Sigma is best suited and ideal for experienced traders and individual investors.
Unique Product, is the only firm to offer competitive spreads and zero commissions and zero swaps
Dedicated back-office support

Sigma supplies complete back office services.
Sigma’s Partner Services team is dedicated to providing Outstanding Compensation and full account management support to our IB clients. As part of our service, Sigma provides all IB partners online access to our proprietary reporting tool, allowing you to closely monitor referred account volume and revenue. Our customer support is 24 hours, customers may fund around the clock.

For more details contcat IB@SigmaForex.com

Etatism

At its 1931 congress, the Republican People’s Party (Cumhuriyet Halk Partisi–CHP) adopted etatism, one of Atatürk’s Six Arrows, as its official economic strategy. According to this program, individual enterprise was to retain a fundamental role in the economy, but active government intervention was necessary to boost the nation’s welfare and the state’s prosperity. The CHP also declared that etatism was an intermediate road between capitalism and socialism. In practice, etatism entailed the promotion of industrialization by means of five-year plans and the creation of public enterprises.

Comprehensive protective tariffs also were introduced during the 1930s, establishing a pattern of import-substitution industrialization that would continue for many years.

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[SigmaForex Money Manager]

Elevate the quality of your trading, Money managers trading pooled or individual client funds benefit from Sigma’s trading and administrative tools and services.

With preferential rating access to Sigma’s research staff, sophisticated trading platform and reporting tools, Sigma’s money manager solution is one of the most competitive in the marketplace.
Sigma provides a dedicated team of account management specialists to provide ongoing back-office support, and help reduce your administrative responsibilities.
Highly developed trading platform

Our trading platform feature quality execution capabilities as well as advanced and easy-to-use order entry and position management tools, all in a secure friendly environment. A full suite of decision support tools, from charting to research, news and more, are also available to clients all for free.
Characteristic tools
Our proprietary tool offers money managers a comprehensive and efficient way to manage pooled customer funds and track portfolio performance. Accessible online, the system automatically journals percentages of your transactions from your Master account into your client's sub accounts at the close of each trade.

We also support the needs of money managers who wish to execute trades and place orders on a per account basis. Reporting capabilities are available directly within the application, as well as real-time margin and P&L.
Back-office support
Our Partner Services team is dedicated to providing full account management support to our money managers and your clients. Our customer support is 24 hours, customers may fund around the clock. Sigma’s Partner Services team is dedicated to providing Outstanding Compensation and full account management support.

For more details contcat MM@SigmaForex.com

State Economic Enterprises and Privatization

An important tool of etatism to further government economic policies, State Economic Enterprises (SEEs) are variously organized, but the government owns at least a 50 percent share in each of them. SEEs are set up by the government, and each has a board that reflects the ownership of the particular SEE, combining government representatives, who direct the enterprise, with private interests. During the etatist industrialization campaign of the 1930s, the government set up many industrial SEEs. In the mid-1990s, SEEs continue to dominate sectors considered to be of national importance or sectors where private investors have hesitated to invest because capital requirements are too great in light of expected returns.

SEEs include national transportation, communications, and energy enterprises; banks that own companies, in particular branches such as textiles or refining; and conglomerates with holdings in many fields. Some SEEs control companies in which ownership is shared with private and foreign investors. In 1964 the State Investment Bank was established to provide long-term investment credits to SEEs. Credits from the Central Bank of Turkey, transfers from the Treasury, and capital markets also finance SEEs.

In the mid-1990s, SEEs accounted for more than 40 percent of value added in manufacturing and employed about 550,000 workers, or about 20 percent of the industrial work force. Until 1980 SEEs set their prices in accordance with government directives, but after the introduction of that year’s reform package, they were expected to set prices independently. Nevertheless, prices of some major commodities, such as fertilizers, continue to be determined by the government. SEEs also influence markets, especially those for agricultural goods, by establishing guaranteed minimum prices for commodities.

Aside from their role in industrial development, SEEs are charged with social goals. The farm-support program stabilizes farmers’ incomes, while low consumer prices for food, energy, and transportation help the urban poor. SEEs also provide training and employ surplus university graduates and constituents of influential politicians, contributing to overstaffing. Some SEEs are placed in underdeveloped regions to spur industrial development, a practice that increases transportation and infrastructure costs.
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[SigmaForex White Label]

Forex White Label Program

As your partner, our goal is to support you through the planning and launch phases and beyond to ensure a mutually successful and long-term business relationship
Establish your brand in the Forex Brokerage industry.

Our Forex White Label program is for individuals and institutions that want to establish a brand name and a presence in the Forex industry. As a white label partner, you will be provided with a platform branded with your name and logo as well as content for your introducing broker website. Also Sigma white label partner program enables banks and brokers to satisfy their customers' demand for online trading tools. Our trading solutions enable you to harness and develop already existing customer trading relationships and extract greater returns from them whilst streamlining internal trading operations and rendering them as efficient as possible.

You will also enjoy our 24-hour market, full service of back office support, and other administrative and support functions.

Ideal candidates for the Forex white label program include:

• Financial services firms that want to establish a new Forex brokerage division. For example, banks, insurance companies, etc.
• Trading firms and/or online brokers that want to offer a greater range of products to their customers. you will be providing your clients with a great value-added service while increasing the profitability of your firm.
• Companies offering Forex tools and advisory services - This can be websites or newsletters that provide an analysis of the Forex or futures market, advisory businesses, etc. that want to expand their web presence by offering online Forex trading capabilities to their existing client base.
• Forex White Label Introducing Brokers will enjoy the most advanced Forex trading software in the market. The web-based white label trading platform provides real time, streaming currency prices and instantaneous one click execution, real time management of currency positions, in addition to complete back office support and reporting features. Along with other tools to help traders make trading decisions. The software is also compatible with most operating systems. This means that your customers can trade currencies from any computer, anywhere in the world, 24 hours a day.

If you want to discuss your potential Forex White Label Introducing Brokerage business with us via mail

Inside Guantanamo: Concentration Camp

Mr. Sagheer and other prisoners were airlifted by helicoptor from Shabargan Jail to U.S.-occupied Bagram airbase in Kandahar, where a secret CIA interrogation center is located which uses “stress and duress” techniques for interrogation7. There they were shackled and put on a U.S. military plane for transport to Guantanamo Bay, Cuba. During the flight their lips were sealed, eyes covered, hands and feet and backs were chained. They were each given nothing but an apple and a piece of bread during the 24 hour flight.

At Guantanamo he was identified with an ID bracelet labelled “Delta” for Guantanamo which he still retains. The prisoners were put like animals in chain-link cages with roofs on cement pads out in the open - 6ft. X 6 ft. X 7 ft. - where they were fully chained and locked inside the cages. They were subjected to physical and mental torture, starved, forced to drink urine, and not allowed to speak. Mr. Sagheer said they were forced by guards to take pills which drugged him and made him senseless8. At times alcohol was added to drinks given to the prisoners2, a violation of Islamic religious law. He also complained that meat forbidden by religious law was sometimes added to their food2. They were denied the ability to pray. Blood was drawn from the prisoners every two or three days2. Mr. Sagheer complained to his lawyer that sometimes as much as 1000 ccs of his blood was taken with no explanation or purpose.

Prisoners were detained on “suspicion of terrorism” without charges and provided with no legal mechanism for appeal, condemning them to long-term imprisonment9. Even their names were withheld from release. The Bush administration has claimed they are “enemy combatants” 4,8 rather than prisoners of war, and therefore have no rights to the American legal system4,7. This claim is now being challenged and will be heard in the U.S. Supreme Court 8 in the Spring of 2004.

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[Sigmaforex Promotions]

Sigma has come up with different promotions:

Forecast and Win an Account.

Practice Competition.

Revolutional Bonus Era.

The Basics of Foreign Trade and Exchange

Role of Central Bank

Despite the size and importance of the foreign exchange market, it remains largely unregulated. There is no international organization that supervises it, nor any institution that sets rules. However, since the advent of the flexible exchange rate system in 1973, governments and central banks, such as the Federal Reserve System in the United States, occasionally intervene to maintain stability in the FX market.

There is no standard definition of instability or a disorderly market—circumstance must be evaluated on a case-by-case basis. Sharp rapid fluctuations of exchange rates and traders’ reluctance to be ready to either buy or sell currencies (maintaining a “two-way” market) may be signs of disorderly market.

To restore stability, the central banks often work together. However, a country taking a conservative view on intervention would act only in response to unusual circumstances that require immediate action, like political unrest or natural disasters. Most monetary authorities would be less likely to intervene to counteract the fundamental forces that drive FX markets, such as trade patterns, interest rate differentials and capital flows.

Intervention

The U.S. Treasury has the overall responsibility for managing the U.S. government’s foreign currency holdings. It works closely with the Federal Reserve to regulate the dollar’s position in the FX markets. If the Treasury feels that there is a need to weaken or strengthen the dollar, it instructs the Federal Reserve Bank of New York to intervene in the FX market as Treasury’s agent. The Federal Reserve uses the Exchange Stabilization Fund (ESF) to finance these interventions. Learn more about the ESF Your browser may not support display of this image..

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[Sigma Contract Specification]

Sigma Forex provide the clients with the lowest spreads in Forex Market for the most traded pairs and Forex spots.

Trading Hours
Sigma Dealing Room operate 24/5 from Sunday 23:00 CET until Friday 23.00 CET.
You Can contact us directly: + 41 435 004 145

Margin Requirements
The margin requirements must be respected by Friday at 23:00 GMT and before holidays.
One of our dealers will contact you if you are below your margin requirements at that time. Your margin requirements will depend on the client's account equity. However, if you approach the level where the loss of your open positions approaches the balance of your account, you will be stopped out and your positions will be closed. Stop positions will be executed when there is only around 50% equity of the required margin left in your account.

Streamline Dealing
Clients will not suffer Price Re-Quote that you can buy and sell directly on real-time prices without a request for quote (RFQ).
Clients taking advantage of wrong price quotes in the Market Watch will be requoted.
Sigma Forex effort is taken to ensure correct pricing at all times. However, there are rare circumstances when wrong prices are given.

Stop Order Execution
Volatile market conditions can result in prices gapping, which may prevent the execution of stop orders (sell stop, buy stop, stop loss) at the price you initially requested. However, our dealers strive to execute all stop orders at the price, or failing that, at the best attainable rate the market allows.

Lot Types
Sigma Forex has generated an ultimate account type that allow you to trade Standard, Mini and Micro lot in the same account which is Sigma Account to make it more simple and easy for traders.

Multi Currency Denomination

Sigma offers the ability to set-up accounts denominated in the following currencies:

• United States dollar (USD)
• Euro (EUR)
• Great Britain pound (GBP)
• Australian dollar (AUD)
• Swiss Frank (CHF)

There is no minimum deposit for opening an account, in order to review the spreads, pip value & margin requirement choose the required pair, leverage & the lot type.

If you have any problem regarding Sigma Contract Specification click on the Live Chat button on the right hand side and our customer support staff will help you through the process.