Tehran Stock Exchange main index posts 99.4% gain since March

“The Tehran Stock Exchange main index (TEPIX) has gained 99.4 percent since the beginning of the current Iranian calendar year (March 21, 2013). The TEPIX hit 76,000 on Wednesday.  Founded in 1967, the Tehran Stock Exchange (TSE) has been one of the world’s best performing stock markets in recent years and ranked as the best bourse index in Europe, Africa, and the Middle East in 2010 in terms of performance of the main index.  The TSE’s annual growth rate of main indices also ranked second among all members of the World Federation of Exchanges (WFE) in 2010.”

http://tehrantimes.com/economy-and-business/111994-tehran-stock-exchange-main-index-posts-994-gain-since-march

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Venezuela Stock Market Up 313% In 2013

“The Venezuela Stock Market is now up 312.62% for the year to date in bolivar terms, though only 181.63% in official rate dollar terms because of a February devaluation, but still making it the best performing stock market in the world.  Real returns in the unofficial dollar market are less. On January 1, one US dollar could buy approximately 20 bolivars in the unofficial black market. On Friday in Cucuta, Colombia, across the Venezuelan border — where the unofficial market in bolivar/dollars is not illegal — one US dollar could be sold for 46 bolivars.”

http://www.laht.com/article.asp?ArticleId=1106716&CategoryId=10717

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Argentine Stocks Rise on Speculation Country to Boost Reserves

“The central bank’s board approved a resolution to restrict local lending to the seven largest grains exporters, forcing them to obtain foreign currency financing, which may bring $2 billion into Argentina by year end, said two people familiar with the plan, who asked not to be named because the resolution hasn’t been made public. Reserves have tumbled $10 billion to $33.3 billion this year to a six-year low as the nation increases energy imports and uses the funds to pay foreign debt.  Banks will only be able to lend 0.3 percent of their total lending portfolio to companies that export 75 percent of their output and have more than 200 million pesos of outstanding bank loans, the people said.”

http://www.bloomberg.com/news/2013-11-05/argentine-stocks-rise-on-speculation-country-to-boost-reserves.html

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Return of Cash Sparks Emerging-Market Rallies

“Investors snapped up $1.8 billion worth of stock sold by Chinese banks in Hong Kong over the past two weeks, while India’s stock market has climbed to record highs. Brazil sold $3.25 billion of debt, its biggest dollar-denominated offering on record, and Pakistan said Monday it plans to sell debt overseas for the first time in six years. The rally as the year draws to a close gives investors who are judged on annual performance an opportunity to make up lost ground. Books close for 2013 in less than two months, and emerging markets proved disappointing for much of the year.  Argentina’s stock market is a standout, rallying 80% since July.”

http://online.wsj.com/news/articles/SB10001424052702303936904579180793930457788

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Ron Holland on Protecting Your Wealth in Perilous Times

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“Wall Street and institutional insiders will surely have a party with IPOs and the new opportunities for private equity regardless of how it turns out for individual investors. They make their money when you buy. We investors, on the other hand, only make money when we sell at a profit. We weren’t invited to the party for obvious reasons. I for one plan to crash their party and join in investing earlier rather than, as they would prefer, later as the market peaks out. Email me at rholland@eastnet.ch and request my book Restoring Our American Legacy and then you’ll know what I know and believe may happen over the next four to six years.”

http://www.thedailybell.com/exclusive-interviews/34734/Anthony-Wile-Ron-Holland-on-Restoring-Our-American-Legacy-and-Protecting-Your-Wealth-in-Perilous-Times/

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China Says It Will Stop Taking Organs From Executed Inmates


“China says it plans to phase out the harvesting of organs from executed prisoners, ending a controversial practice that reportedly supplies most of the country’s transplant patients.  Beginning in November, China will scale back and eliminate the harvesting of inmate organs. Huang says that will be replaced by a nationwide voluntary donor system.  For years, Beijing denied that it routinely took organs from executed prisoners before finally acknowledging it a few years ago.  Although the number of executed prisoners is a state secret in China, human rights groups estimate the country executes thousands of people each year.”

http://www.npr.org/blogs/thetwo-way/2013/08/16/212585522/china-says-it-will-stop-taking-organs-from-executed-inmates

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Oklahoma lawmaker wants death row organ donations

“A state lawmaker says he wants to give Oklahoma’s death row inmates a chance at redemption by donating their organs before their execution.  Democratic state Rep. Rep. Joe Dorman of Rush Springs said Wednesday that he’s developing legislation that would give a person who’s been convicted of taking a life an opportunity to give someone else a chance to live a longer life.  Dorman says the program would be voluntary and no inmate would be forced to give up an organ. But Ryan Holmes, assistant director of health care ethics at Santa Clara University in California, says the idea raises ethical concerns and would be ‘very problematic’ for surgeons.”

http://www.sfgate.com/default/article/Oklahoma-lawmaker-wants-death-row-organ-donations-4961312.php

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Sex Offenders Have To Pay To Live In Various States Under New Laws

“Officials say $20 of each fee would go to local law enforcement and $30 would go to the state. If offenders don’t pay the annual fee, they face misdemeanor charges.  Snyder said the law brings Michigan in line with neighboring states that require sex offenders to pay for the operating cost of sex offender websites. He said Indiana charges $50 per year, while Illinois and Ohio charge offenders $100 per year.  The state said the move could bring in about $540,000 more in revenue each year.  One of the first bills Snyder signed this session expanded the public sex offender registry to include more people who commit certain crimes against minors, like possessing child pornography.”

http://detroit.cbslocal.com/2013/11/06/gov-snyder-signs-bill-for-annual-sex-offender-fee/

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Mastercoin: A Second-Generation Protocol on the Bitcoin Blockchain

“Rather than trying to bootstrap an entirely new blockchain, as every other cryptocurrency does, Mastercoin seeks to create an entirely new network of currencies, commodities and securities on top of Bitcoin itself.  Today, one mastercoin is worth about 0.1-0.3 BTC, over ten times its original BTC price at the timeof the fundraiser, and twenty times its original USD price.  Why has Mastercoin seen so much attention? Essentially, the main attraction of Mastercoin is the sheer number and depth of the features that it brings. The following is a sample of what the Mastercoin specification intends for Mastercoin to support.”

http://bitcoinmagazine.com/7961/mastercoin-a-second-generation-protocol-on-the-bitcoin-blockchain/

rather than trying to bootstrap an entirely new blockchain, as every other cryptocurrency does, Mastercoin seeks to create an entirely new network of currencies, commodities and securities on top of Bitcoin itself.

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Russia Will Probably Hold Rates After Surprise Inflation Jump

“Russia’s central bank will probably refrain from cutting interest rates for a 14th month after a surprise pickup in consumer-price growth last month hurt its struggle to slow inflation to within its target band.  Policy makers led by Elvira Nabiullina, who took over as central bank chairman in June, have kept interest rates steady since September 2012 even as the economy of the world’s largest energy exporter has its worst slowdown in four years. Rising food prices after rain delayed the grain harvest and Russia banned pork imports from Belarus.  The economy grew 1.2 percent from a year earlier in the second quarter, the worst result since the last three months of 2009.”

http://www.businessweek.com/news/2013-11-07/russia-will-probably-hold-rates-after-surprise-inflation-jump

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