Why And How To Invest With Brokerages In Mongolia (2011)

"You can open a brokerage account in Mongolia without going there. I met with six different brokerage firms while in Mongolia and opened multiple accounts. Transaction fees for stock trades I was quoted ranged from 2% to 3.5%, while for bonds I was quoted rates from 5 to 20 basis points. Required fees to open an account ranged from 5,000 Togrog (about $4) to 40,000 Togrog (about $32). Some account opening procedures may request having your signature notarized to have a power of attorney to trade stocks on your behalf, but this can be done in your home country as well with minimal effort." Continue reading

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How Fortunes Are Made In Frontier Markets: Interview With Harris Kupperman Part II

"Getting your boots muddy in a frontier market can be immensely profitable. That is, if you get to a boomtown before boom times, there’s plenty of money to be made. As we learned yesterday, there’s huge profit potential in Mongolia — home to the recently started, world-class Oyu Tolgoi copper mine. 'The way I’m thinking of playing this resource boom' says Harris Kupperman, CEO of Mongolia Growth Group (MNGGF) 'is through the consumer, and the best way to access the consumer is retail space on the main streets'. Today we’ll continue our talk with Harris. He’ll explain how his group could make 9-18 times their money in Mongolian real estate." Continue reading

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Disability Rights are Human Rights

"Imagine if you had to fight in a court of law in order to be permitted to move in with friends, go to work, and make basic decisions about your daily life. Jenny Hatch doesn’t have to imagine, because she just fought and won that battle for her basic liberties. Hatch has volunteered for political campaigns, held down a job at a thrift shop, and shown a capacity to live independently. But because she has Down’s syndrome and an IQ of 52, her parents argued that she should be forced to continue living in a group home. Under the law, she could not leave. It was a form of imprisonment enacted not as punishment but under the paternalistic auspices of 'care.'" Continue reading

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17-year-old tased to death by Miami cops after spray-painting abandoned McDonald’s

"Miami Beach Police Chief Ray Martinez told The Miami Herald that Israel Hernandez-Llach — who was known as 'Reefa' in the local graffiti and skateboarding scene — began running when officers confronted him about 'tagging' an abandoned McDonald’s. 'The officers were forced to use the Taser to avoid a physical incident,' Martinez explained. Hernandez-Llach collapsed after being hit once in the chest. He was taken to Mount Sinai Hospital and later died. One witness told WFOR that police were 'congratulating' each other and 'making fun' of Hernandez-Llach after he was shocked by the Taser." Continue reading

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Yemen: American Foreign Policy in Action

"Yemeni security forces have been put on high alert amid warnings of an imminent attack by al-Qaeda in Sana’a, as the US and Britain withdrew embassy staff and urged their citizens to leave the country. BBC Arabic quoted a Yemeni security source as saying 'extraordinary and unprecedented' security measures had been taken, with armoured vehicles deployed at the presidential palace and other sensitive government and foreign installations in Yemen’s capital. Dozens of al-Qaeda operatives were said to have streamed into Sana’a in the last few days, apparently to take part in a terrorist attack, the BBC said." Continue reading

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De Facto Hash Truce in Lebanon’s Bekaa Valley

"The Lebanese government will not attempt to eradicate marijuana fields blooming across the country's Bekaa Valley, Beirut's Daily Star reported Friday. Sources said it was because of the fragile security situation in the area near the border with Syria and because the government had been unable to live up to pledges to provide financial compensation to farmers whose crops were destroyed last year. They are also up against Bekaa Valley marijuana farmers in no mood to see their livelihood messed with. 'In the absence of alternatives, we will break the hands and legs of anyone who dares destroy our crops,' one of the region's biggest growers said." Continue reading

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Gold replaces narcotics as the most valued smuggled item in India

"The Bombay Bullion Association has stated that the tighter import curbs by the government have resulted in a huge gap between supply and demand for the precious metal. This huge gap is being partly filled by the illegal traffickers who buy the gold overseas at a cheaper rate and sells it to domestic jewelers or bullion agents by evading tax. Revenue authorities seized gold worth Rs 598 million during April-June quarter this fiscal, an increase of nearly 365% in comparison with the same quarter last year. Smuggled gold pours into the country mainly from Dubai, Bangkok and Singapore." Continue reading

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Bitcoin upgrade aims for smoother e-commerce

"Payment requests will use digital certificates, the same kind of security technology indicated by a padlock in a web browser. Specifically, the payment requests will use X.509 certificates, which underpin SSL (Secure Sockets Layer), which encrypts data traffic between two parties. The communication between a customer and company will be performed over SSL and will not be part of the so-called 'blockchain,' the public ledger that shows bitcoin transactions, Andresen said. The payment protocol will not touch the core code that drives Bitcoin's network." Continue reading

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Tor Urges Users To Leave Insecure Windows Operating System

"In a critical security advisory issued over the weekend, the Tor Project told its users that they should seriously consider migrating away from Microsoft’s Windows operating system and disabling JavaScript. The Tor Project security advisory was a response to revelations on Sunday that an attack had targeted users of the Tor Browser. According to the advisory, the attack exploited a Firefox JavaScript vulnerability that has already been resolved. The vulnerability is a cross-platform threat, but the exploit in this case was Windows-specific. Tor Browser Bundle users on Linux, OS X, and LiveCD systems like Tails were never at risk of exploit." Continue reading

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On Life Remotely: An Interview with Jessica Mans

"Jessica Mans, one of the people who runs Life Remotely, which opened my eyes to just how, well … really cool this lifestyle can be, graciously took some time to talk about location independence with us. Life Remotely is a great resource for everything from planning your own extended trips to just living vicariously through the experiences of three people who got a taste of travel and living abroad and decided a taste wasn’t enough. They’ve just wrapped up an epic drive from Seattle to Patagonia (yup, you read that right) and have put out one of Amazon’s Best Books of 2013: Don’t Go There. It’s Not Safe. You’ll Die." Continue reading

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