Bank of England Unexpectedly Raises Interest Rates

The Bank of England unexpectedly raised its benchmark interest rate by a quarter-point, the third increase since August, saying inflation may accelerate and spur demands for higher wages.

The nine-member Monetary Policy Committee lifted the repurchase rate to a five-year high of 5.25 percent today, surprising all of the 52 economists in a Bloomberg survey. Risks of faster inflation ``now appear more to the upside,'' the bank said in a statement. The pound rose and bonds fell.

Yeah.....good good..Rise in interest rate probably will cause panic in the market and set people locking in their profits. Bonds and equity market might fall due to such correction. Time to make some profit i hope.

Data shows 2006 was USA's warmest year on record

The year 2006 was America's warmest on record, according to a year-end computer calculation by federal climate scientists that was obtained Friday by USA TODAY.

http://www.usatoday.com/weather/climate/2007-01-05-warm_x.htm?csp=34

Wow....i did not know that the year of 2006 was indeed hot for US. When i was in Seattle, it was indeed not as cold as i thought it will be. Nonetheless, i still wore lots of clothing to keep myself warm and having alot of the Vietnamese noodles to keep myself warm.

Been lazy to write into my blog nowadays. Maybe the bug has died down after some time. As what my friend Yunxi says, "Singapore is soo boring, nothing interesting to update to the blog".

Back to my work of writing my thesis.....

2007

Ahz........2007 is here. The first year after i have graduated. I decided to put down in words what i want to achieve this year!

1. I want to finish as many books as i can.
2. I want to earn as much money through investments!
3. I want to stop drinking so much beer.
4. I want to maintain my health and keep up with my fitness.
5. I want Liverpool to win at least a trophy this season.
6. I want my parents and family to be happy.
7. I want to stay with my baby as long as possible.
8. I want to be happy in my job.
9. I want to sleep as much as possible.
10. I want to be able to stay focused and not tempted to drive fast when other people overtake me.
11. I want to finish my Msc in TIP smoothly.
12. I want to take my friends seriously and take effort to maintain the friendship.
13. I want to keep winning Winning Eleven games against my brother.
14. I want to be decisive in all decisions and not be wishy-washy!
15. I want to learn how to SAVE!!!!!!!!!!!
16. 
    
17. I want to curb my temper.
18. I want to be patient in my dealings with people, customers, loved ones and friends.
19. I want to stay avoided from RESERVIST!
20. Lastly, i want to be like the picture, to be able to look far far ahead!