Audiojungle comes to life
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Perhaps travel cannot prevent bigotry, but by demonstrating that all peoples cry, laugh, eat, worry, and die, it can introduce the idea that if we try and understand each other, we may even become friends.
Don't go around saying the world owes you a living. The world owes you nothing. It was here first. If you don't like something, change it. If you can't change it, change your attitude. Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek.
It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change. All changes, even the most longed for, have their melancholy; for what we leave behind us is a part of ourselves; we must die to one life before we can enter another.
[soundcloud url="https://api.soundcloud.com/tracks/118951274" width="100%" height="166" iframe="true" /]Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.
Take up one idea. Make that one idea your life - think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success.
Super User
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349501 comments
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SHANGHAI, Dec 6 (Reuters) - The yuan was little changed on Friday against the dollar, but is headed for its tenth straight weekly loss amid
concerns that new tariff threatened by President-elect Donald Trump will heighten strains on the struggling Chinese economy.
Analysts expect the dollar to remain firm as Trump's policies are expected to drive up U.S.
inflation, but they believe Beijing will prevent the yuan from falling too much.
"We anticipate some depreciation pressure in an expected strong dollar environment," Lynn Song, Greater China chief economist at ING, said in a note.
However, "we don't expect an intentional large-scale depreciation and think the yuan will remain a low-volatility currency vis-à-vis most other Asian currencies." The yuan was changing hands at 7.2549 per dollar around midday, little
moved from the previous close.
Although the currency has rebounded from a one-year low of 7.2996 hit on Tuesday, it is poised to register its longest weekly losing streak
since 2018. The dollar index fell to one-week low overnight and "the USD's consolidation should unwind the upside pressure building" in the yuan, aided by ongoing attempts by China's central bank to restrain its decline, said Alvin Tan, strategist at RBC Capital Markets.
Recent data has painted a mixed picture
of China's economic recovery, with manufacturing activities improving, but property sales in many Chinese cities
remaining weak. China's "economic landscape is unarguably dull, and the absence of excitement is perhaps the most salient feature," said John Browning, managing director of BANDS Financial.
He doesn't expect huge stimulus to be announced during next
week's Central Economic Work Conference, as "Beijing's largesse will be reserved until after Trump is restored to the White House and the trade war formally begins." Top policymakers will gather at the conference to agree on major
economic goals for next year.
But the target for 2025 growth, one of the most closely-watched indicators globally for clues of Beijing's
near-term policy intentions, likely will not be officially announced until an annual parliament meeting in March.
During Trump's first term as president, the yuan weakened about
5% against the dollar after the initial round of U.S.
tariffs on Chinese goods in 2018, and fell another
1.5% a year later when trade tensions escalated. Growth worries and expectations of further monetary easing by Beijing pushed China's 10-year treasury yields below 2% to record lows this week,
worsening the yield disadvantage against the U.S., and exerting downward pressure on the yuan. ING's
Song expects the onshore yuan to move within a band
between 7.00-7.40 per dollar, but could fall further to 7.50 "if tariffs come in earlier or more aggressive than our forecasts." LEVELS AT 03:47 GMT GMT
INSTRUME CURRENT UP/DOWN( % CHANGE DAY'S DAY'S LOW NT vs USD -) VS.
YR-TO-DATE HIGH PREVIOUS CLOSE % Spot 7.255 0.09 -2.11 7.2518 7.2675 yuan -
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