Not a good thing if you live abroad UK pound goes through $2 barrier The pound has moved through the $2 mark for the first time since 1992, as investors bet that interest rates would have to rise further to slow inflation. Consumer prices rose by 3.1% in March, the Office for National Statistics said. The ONS also said that its retail price inflation rate rose to 4.8%. For the first time, the Bank of England governor has had to write a letter explaining why inflation has climbed. The pound climbed as high as $2.003, though the move was short-lived. The stronger pound has been good news for British visitors to the US, but has made life more difficult for exporters. Moving up The last time the $2-level was breached was just before sterling dropped out of the Exchange Rate Mechanism in September 1992. Analysts are now betting that the Bank of England will raise interest rates when it meets in May in an effort to slow consumer spending and price growth. Borrowing costs have been increased three times since August. The key rate currently stands at 5.25% and is widely expected to go up to 5.5% at the Bank of England's next meeting on 10 May. "A May move is a certainty," said Philip Shaw, economist at Investec. "It opens up a strong possibility of interest rates rising beyond 5.5%," he added. Higher borrowing costs act as a tax on consumers, boosting loan repayment costs, taking money out of their pockets and slowing the rate at which they spend and take on extra financing. Further falls Analysts said that the outlook for sterling will also depend on US economic data due later on Tuesday. David Jones from CMC Markets added the pound's move "has proved to be unsustainable, but with US economic data due later in the session, further dollar downside may be seen in due course". It is not only sterling that is strong at the moment. The euro is at two-year high against the dollar and a record high versus the Japanese yen. Many traders said they were surprised that last weekend's Group of Seven finance ministers meeting in Washington did not make any comments about the weakness of either the dollar or the yen. bbc.co.uk

^^miyay kugu dacdey?

Originally posted by Miskiin-Macruuf-Aqiyaar: quote: No estimate has been made on the losses, but Lt Gen Dahi said the robbers emptied the front display of the store. He also said the criminals were unlikely to be of Arab origin . Witnesses said the assailants were masked and armed. Carabta tuuga ma noqon karaan miyaa? Unlikely kulahaa. Somalis are also Arabs

They drove up to Zacbeel? Hmm, i know who live in Zacbeel. The 3rd richest man in the world!

^^ @Del Boy Who do you think you are kidding Mr Hitler,,,,,,

Scousers on Blind Date - Harry Enfield

Loool: ministry of silly walks Classic Victor Meldrew

As the dust continues to settle over the shoot out at fake Fox News, the tough action of Edwards, Obama and Clinton in saying no to the idea that Fox is a news channel continues to kick Murdoch and Ailes screaming to their hired hacks to try and hit back. But it's not working. The fight has made it very clear that the consistent propaganda of Fox is on display for all to see. We at Brave New Films made two short videos making clear to the world the distortion and disgusting personal and racial attacks that Fox Channel propagates. The action by the presidential candidates, led by Senator Edwards to stop the myth that Fox is a news channel is a tough hit back that is very necessary. This is not about ducking a fight, this is about not letting Fox hide and pretend and say, look we are real news, we even let the Democrats have a debate on our channel. The duplicity of this undertaking by Murdoch/Ailes and company has been allowed to grow and fester for too long. With the great work of MoveOn and Newshounds and hundreds of bloggers all over the country who took up the fight and helped make sure the videos were seen by hundreds of thousands has led to a new day in exposing this organized effort of propaganda. They want a fight... Lets go at it, No more wimps, no more giving the rope to the hangmen, no more free pass to lies and distortions. Comment by a reader: Just as the World Wrestling Federation changed its name to World Wrestling Entertainment, the Fox News Channel must change its name to the Fox Opinion Channel. It's only fair.. and balanced source

loool some good old British humour This is a classic: Desmonds - French Lessons Part 1 Part 2 Part 3 Part 4 ps Paragon, please change title to Ye Good Ole British Comedy :cool:

^^Waar ninku geeljiru noqdoo, wadinki ayu iska mereesanaya

^^I didnt know he was still around. I'm at work saxib. Will do when i get home,,, ps Peter Kay is the man!

Just picked up a file with their name and reminded me of this thread. So Baashi, whats the news?

If i could find a job paying well (reliable ontime monthly payments) i would move there in a shot!

CG The flag is 'abused' when thrown around as it has the shahada on it. If it did not have the shahada i wouldnt call it abuse. ps are you a fan of Eddie Izzard?

Castro banned?

^^they dont mind Xabshis so long the SL idea is defeated you need to start reading between the lines JBow!

I see. This, coupled with an ever-devious media who is prodding her to 'expose' and be controversial, it looks as though she is simply being used as a tool to malign Muslims/Somalis in Norway. I would hazard a guess and say many kids become detached from parents and Islam in qurbaha. Its up to us to reel them in.

3rd race and he came 2nd. This guy is promising

thrown around, worn wrongly etc

waar wax maqla non of you live there so this little argument is pointless! Well JB lives close

http://www.youtube.com/watch?v=nupdcGwIG-g

AB had his flaws but he chose not to side with the TFG (a bigger flaw)

Whatever happens let hope its minimal in terms of lost lives, displacements etc. People are tired,,,,,,,,

^^So she basically wants a better understanding of the Quran in respect to women. Interpretation - an explanation or opinion of what something means She was beaten up for that? :rolleyes:

^^so we should just cheer for more fighting?