The person that I knew is a former oil & gas services field engineer in Baker Hughes and currently serves as Kuwait Country Head at a leading Oil and Gas service company, after having worked over 12 years in the oil & gas industry, he realized that his life’s passion is in food and beverages.

He then traded his official Dishdasha (middle eastern official suits for men) and Gutra (head scarf) after working hours and weekends to a baker’s uniform and found culinary success in doing something that he loves – baking/cooking, frozen dessert, cookies, brownies and cheesecakes. But he comes not from a long line of cooks.

The fine skills in food preparation were learned from his mother who is renowned for her distinctive Kuwaiti dishes which she cooks for family and friends.

One common mistake new traders make when deciding to buy a cash-settled call business warrants is over the concept of ‘break-even’. Just what is break-even?

For many novice warrant traders, break-even means the sum of what they paid for the business warrants plus the conversion/ strike price.

To these traders, they feel that in order for their trade to make a profit, there must be a good chance that the price of the underlying or mother share exceeds this break-even point.

My Darling, Erney and I celebrated our 6th wedding anniversary on Dec 12. Since she puts up uncomplainingly with my eccentricities that revolve around workaholic and, possibly, excessive thrift, I took her for a short a holiday in Hong Kong. We had a great time staying at the posh 40th floor apartment of our friends Jacky and Simon in Kowloon, for free, and visiting Disneyland, Madame Tussauds, and the world’s only full-sized replica of Noah’s Ark built on Ma Wan Island, unfortunately not for free!

Having visited the larger Disneyland in California twice, way back in 1987 and then in 1989, and the original wax museum Madame Tussaud’s near London’s Baker Street tube station several times in my distant youth when the apostrophe in `Tussaud’s’ was still being used in the official name, I was especially intrigued by the novel sights in Noah’s Ark. I was also delighted that prices of tickets, souvenirs and food within the Ark were reasonable, at least by Hong Kong’s pricey standards.

Appetite to create global reserve bank to issue the currency and monitor national exchange rate is brewing. In early 2009, the BR IC’s proposed replacing the US$ as the main reserve currency following the financial crisis due to the collapse of US mortgage market that led to the worst global recession since World War II.

Also, the economic power is shifting from G7 countries that saw increasing acceptance of the other economies currencies. And if US recovery is weak, rates will remain low, thus pressuring the US$ to stay weak.