Forget Sanctions Over Ukraine: Russia Scores Massive Gas Pipeline Deal With China (based on businessinsider article)
China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world's largest energy producer and provide a guaranteed energy supply for China's growing economy as both nations face confrontations with the West.
The deal, which the two countries negotiated over the last decade, is expected to be signed when Russian President Vladimir Putin visits Beijing next week.
The deal between Russia's Gazprom and China's state-owned energy giant CNPC was confirmed by sources in the Russian energy sector, according to a note from the Eurasia Group, a consultancy.
Unlike Western nations, China has steadily deepened economic ties with Russia in recent months. Chinese companies have been involved in building a bridge from Russia to Crimea and invested in a $27 billion liquid natural gas project with Russia’s second-largest natural gas producer, Novatek.
The latest deal, if successfully concluded, "would mark a crucial advancement in the growing Russia-China bilateral energy relationship, advance China's environmental agenda and perpetuate the push to erode Gazprom's gas pipeline export monopoly," the Eurasia Group said.
Coinbase.com Distributes Free Bitcoins to College Students (based on Forexminute article)
In one of the most progressive steps to expand Bitcoin’s territory, popular Bitcoin online wallet Coinbase.com has decided to give away free bitcoins to college students. To avail this gesture, students are only required to make an account on Coinbase.com using an ‘.edu’ email address.
The news comes right after the recent announcement of two MIT students that raised $100 worth Bitcoins for the undergraduates in the campus. In their announcement, Coinbase itself has mentioned the aforementioned fundraiser to be its sole inspiration. “We were inspired by this project and hope we can contribute to the growing interest of bitcoin among college students,” it said.
How Such a Give Away Can Boost Bitcoin Popularity?
A learning mind is always open to new ideas and innovations. And what can be a better audience for Bitcoin but a student who will believe to improve the technology, rather than reject it downrightly. We believe what Coinbase, and those MIT students, are doing is preparing a future generation for an open and transparent economy, which is controlled by people for the people. The liberal minds, when accumulated together, can create wonders for digital currencies. This give away might be a small step towards that direction, but it will surely open the gates for many customers and innovators to understand and implement the Bitcoin technology.
Is Coinbase's Idea a Success?
Yes indeed! The website has listed a leaderboard, which lists the most popular universities, alongside the number of students, which have taken advantage of the Coinbase new scheme. The leading university domains belong to Illinois, Utexas, Berkeley, Purdue, Drexel, and many others.
As a true Bitcoin enthusiasts, ForexMinute.com praises Coinbase for their efforts and urges our readers (who are students) to try out this revolution called Bitcoin.
Drilling down to examine intraday price action on the four hour chart; there is some evidence that the EUR/USD bulls are staging a return. The Hammer formation near 1.3692 hints at a possible bounce for the pair in the session ahead. However, gains may be limited, given resistance remains at the nearby 1.3745 mark.
Pino Daeni (November 8, 1939 – May 25, 2010) was an Italian Impressionist book illustrator and artist. He is known for his style of feminine, romantic women and strong men painted with loose but accurate brushwork. Considered one of the highest paid book illustrators of his time, he created over 3,000 book covers, movie posters and magazine illustrations.
As noted in yesterday’s candlesticks report the Euro was primed for a drop towards the 1.3670 level of support, which followed the emergence of a Harami pattern near resistance at 1.3950. While a second Harami appears to be forming in intraday trade, the candle is yet to close, which would be required for the bullish to be valid.
The name of Yuri Krotov as an artist became known to the art-lovers in Europe in 1992 during the sale of Russian paintings at the auction room Drouot in Paris, Thanks to perfection of an academic technique of painting, bright coloring and emotional richness the artist's work has gained a lot of admirers which is reflected in a high commercial rating at the European art market. Since then Krotov's paintings have been permanently displayed for sale at the painting auctions and exhibited at the galleries of Europe and USA.