So I took it upon myself to find a game. I was looking for a card game. I can look after my family even when we’re apart.
I’m on this side of the poker table. More of her articles about poker can be found at badplayersden.wordpress.com
Q: How does this affect your personal life?
A: Now it’s much better because we’re a little bit more stable. It appeals to the Filipino’s skill-based kind of approach to competitive activities like billiards, chess, poker and other things that Filipinos are good at. Seriously, when I came down here, I wanted to do something good – to help people.
We didn’t rest on that. Those guys gave us credibility and we gave them credibility.
At the time, I needed to play at least 3-4 times a week. I was living in Alabang and I drove by the Airport Casino in Paranaque. Although my heritage and my citizenship is Filipino, my whole professional career happened abroad. And to be frank, I was one of the guys who aided in building the pioneer poker community in the country.
A few months after, we became 24 hours. It was funny because, like I said I was living in Alabang, and if I could find a Php200 Sit ‘n Go Hold’em game in Marikina, I would drive there. It was a hard lesson to learn but I didn’t want to leave here defeated, after 18 months. There were some guys that I had worked with in North America and they showed me some exciting stuff. Because there were already people at PAGCOR championing the game as well, we decided to form a company and we became the first to secure approval to operate a legal poker room outside a casino.
Concurrent with this, I started running tournaments publicly in hotels ballrooms. So people knew who we were not only at the partner level but also at the staff level.
By virtue of being fortunate to be able to meet all these people, I met guys at PAGCOR who wanted to do something with poker as well. The speed of growth has been surprising, but the growth itself hasn’t because I fully expected, and I still do, that one day the Philippines would have a card room that approached the size of the Commerce or the Bike in California. It was my stress release. Don’t forget, there were about 2 years of building the community, playing poker, meeting people, blogging, showing up at tournaments, running tournaments and building a reputation. As the months went by, there was TV saturation; people were talking about poker online; there were more blogs, thus there were more grounds for people to want to play poker in a more sanctioned environment. I was involved in companies that created software for online games. We even did one on a condo lobby in Makati where I was running two tournaments simultaneously – one small buy-in and one big buy-in. Then Pokermanila.com came up a year or so later, shortly after the blogs started.
When the Metro Card Club first opened it was nothing more than a 250 sq.m. Like when I went to Cebu last week, I was there for 3 days and I spent the better part of 2 days playing cards. We’ve all experienced bad management and good. We’ve played internationally and locally. There were no signs on the facade. place with 2 floors and 12 tables. I was in online gaming but not in poker per se. Your world view changes and sometimes people get left behind. There was guy named JB Bangsil, who was the Senior Branch Manager of the Airport Casino at that time, who was very, very keen on it. I started doing research and, since I didn’t know that many people, I started toying around the internet. Behind this fast growth is a quiet and unassuming yet a strong-willed and aggressive man, the President of the Metro Card Club, Nick Galan.
A: I’ve been in gaming since 1999, when I was in Vancouver. But I’ve been in the business side of poker since 2002. That was a big gamble but it paid off. I lost a family. People started reading my stuff, and I don’t really know why they would do that but they did. But the day may come when I get the bug again. The reason for this – poker as a gaming activity is very benign and people have a chance of winning and winning in the long term. And without the knowledge of the ins and outs and the realities of doing business in Manila, especially in gaming, it was a bit difficult. I also started linking to other people’s blog. There was a healthy development in the community here. We thought that would be sufficient, at that time, to serve the market. By October of the same year we opened this place (the New Metro) because we knew that the demand was there.
So if you’re wondering why the Metro is so successful, it’s because of – a series of fortunate events, the passion of a group of people who love playing the game of poker, the strong desire to share the game with like-minded people, the creativity and ingenuity of an inspiring visionary partner in Neil Arce and the leadership of a driven man named Nick Galan.
We were able to steal a few minutes of his extremely hectic schedule to talk about the man behind the Metro Card Club.
Q: What do you think is the secret of Metro’s success?
A: All of us had been sitting on seat 3 or 4 as a player. We excel at cerebral sports. I found people who were willing to learn how to deal cards and how to run the floor.
Q: Did you expect to grow this fast?
A: The speed of growth I cannot honestly say I foresaw but I knew that it would grow because the game of poker was tailor-made for the Filipino mindset. I haven’t done that in a long time and I found myself enjoying it immensely. From the very start, we were very aggressive with our marketing promotions and we came from the advantage of being real people persons. Yes, there are times that people are required to bring that action in. Having said that, it is then incumbent on the operators to provide the right environment for people to play at.
Q: Do you still need the poker fix for stress release?
A: Not so much. It’s not only because of poker – it’s because of being an entrepreneur. So on my birthday in 2005, I had a bunch of cheap poker tables made. So we started running tournaments there at the Airport Casino. All you would see, once you passed the Yoohoo that became our hang out while we waited for the Metro to open, was a lonesome guard standing by a plain and simple wooden door.
It seems as if that happened a lifetime ago, but, in actuality, it only took 3 years for the Metro Card Club to become the poker giant that it is now. I’ve had a personal model – never pay your own rake. But I have been playing poker since 1995, but only as a player. That’s how I started and we’re always cognizant of what is important. People knew we were investing hard and they knew who we were. And so I decided to come down and give it a shot. The old Metro here in Manila started with 2 storeys, 250sq m floor area with 12 tables at most. I didn’t press the issue. But being in the business, watching it grow, helping to manage the business, watching people’s lives, like our staff, succeed…it’s very rewarding. We were able to attract the attention of (a) players who were most important (b) future critical partners like FPT (Filipino Poker Tour) and the APPT (Asia Pacific Poker Tour). They’re no longer in the industry but they were the first to open the doors to private operation. I walked in the casino and I looked for the first guy in a suit and asked him where the poker room was and he pointed me to a Pai Gow table. But I don’t spend as much time on the felt, that’s for sure. I presumed that if the largest casino in Metro Manila, and in the country, didn’t have a game of stud or hold’em or whatever then it’s unlikely I’ll find it anywhere else.
I did this for several months until finally I felt I had met enough people to put a game together myself. The Metro is a poker room by poker players for poker players.
The very first Metro Card Club was in Davao inside a casino. We started focusing on those tournaments – working with them and eventually hosting them with large guarantees with the lowest buy-ins. Now I have time for myself and read a book, not necessarily about poker. So the very first poker room was at the Airport Casino.
Q: What made you come over from Vancouver?
A: I came over to make some investments in software developments for online gaming. I even invited the PAGCOR guys to tournaments I ran and they turned around and lobbied to PAGCOR to start doing [poker]stuff. And people came and everybody had fun. We’re talking of 100s of tables in one location. Every now and then, I play a tournament, most of the majors, with varying degrees of failure (laughter!). We could already see 2-3 year old back episodes of the World Poker Tour on TV, so people were starting to get it and appreciate the game.. It’s just not the way I’m built.
But earlier on, it was difficult. Ultimately he designed a poker room. At that point, I knew I’d have an issue – it was going to be tough for me to find a game. My wife left me and went back home to Vancouver. We know what it feels like to be a player and we actually developed the business so that we could play. Friendster, at the time, was the place to be so I kind of found these little home games happening in and around town. I wanted to play some cards after a particularly stressful day one day. I’m not here 24 hours a day. I was lucky enough to meet people who knew this guy and that guy who had a game going on a Wednesday – that kind of thing. Thankfully I have a partner who can fill that role and he’s good at it.
Q: How did you get into the poker scene here in Manila?
A: The poker thing wasn’t even part of the plan. I taught my drivers and some people I met how to deal a game of Hold’em.
Celtaph is a professional writer and poker player. Unfortunately, they didn’t work out for a number of reasons – the particularities of doing business as a foreigner. It would cost me more on gas and toll fees but the goal was just finding like minded people getting into it (poker). Everything has to go into what you’re doing. And as I started doing this, I started blogging. But I have a partner in Neil Arce who’s here all the time.
Published in: Asia Poker Digest
Q: How was the Metro Card Club born?
A: There was another group, a bunch of balikbayans with foreign investors, who had taken over the Airport Casino. There were a lot of BS that was happening in the industry, at the time, that never happened at The Metro
If you’re the average team in a head-to-head league division with 2 stud squads, you’re not likely to make the playoffs. It may not be as important to grab the second uber-back in an early draft round when you can balance your team out with a top-tier TE or WR. Just as we get done talking about balance, if you drafted to dominate a category, and now you’re dominant in that category by week 4, you’ll get the chance to sell high and unload those studs and rebalance your squad.
4. Late-season flukes are less of a problem. You’ll find yourself down in certain categories and up in others, and you’ll need to play out these imbalances throughout the season by trading for the categories in which you’re weak.
Rotisserie Leagues vs. But you may not be aware that there’s another interesting option out there: Rotisserie leagues.
Bill Parsons is the owner of http://www.MaximumFantasySports.com and a rabid fantasy sports participant. Good luck trying to get Tom Brady, Adrian Peterson, Randy Moss, or Jason Witten away from their respective owners in a head-to-head league. In a head-to-head league, if you’ve ever been the team whose team loses its first 3 or 4 games of the season, you know it can be tough to stay motivated throughout the year. Team balance is critical in Rotisserie leagues.
3. Here are some key strategy points.
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1. You’re not playing against a certain opponent, and you’re not going to have as much reason for trash-talking. But that doesn’t mean there isn’t quite a bit of strategy to observe. You have to play the stud squads twice, and you’re likely going to be too far down in the win department to catch a wild card slot. Instead of grabbing several stud running backs and hoping the rest of your head-to-head team can manage, you’ll need more balance in a Rotisserie league. And then take advantage of the owners who haven’t picked up on the variety of strategies available in Rotisserie leagues.
o Overloading and unloading. There are several points worth considering.
2. Then, in Receiving Yards, the highest scorer gets 12 points, just like with Rushing Yards. In a head-to-head league, certain players WILL NOT GET TRADED throughout the year. Bill decided to create a real-time fantasy football league website that includes all of the best features and some of which have never been attempted at any other website.
o Balance, grasshopper. Head-to-Head Leagues
Does this scoring system seem odd? Rotisserie leagues are definitely a different way of thinking about fantasy football, but some analysis of the differences may give you a real interest in this alternative. However, in a Rotisserie league, this simply isn’t a problem: you’re playing for Rotisserie in various categories throughout the year, not head-to-head victories and there are no Divisions.
These are just a few tips, but many more strategies and tips exist for Rotisserie league owners. However, in a Rotisserie league, owners will sometimes be ahead enough in one category (say Rushing Yards), but down enough in another (say Catches) to want to trade their best players for good players in other categories.
Here’s how Rotisserie leagues work. The best record at the end of the regular season in each division makes playoffs, and so on. If your league agrees to head down the Rotisserie path, spend some serious time getting to know the categories and researching which players are going to dominate in each. Players get traded more often. Tough divisions don’t kill average teams. The categories (Rushing Yards, Receiving Yards, Passing Touchdowns, and many more) are determined by the League Commissioner at the beginning of the year, and the winner of the league is the team owner who’s accumulated the most final category points at the end of the year.
Rotisserie leagues are very different on a week-to-week basis. This situation is much less of a problem in a Rotisserie league.
5. Highest scorer in a 12-team league at the end of the year in each category, such as Rushing Yards, gets 12 points and the second-highest scorer gets 11 points, and so on. Basement owners still have a chance to win. Everyone plays the whole year. Each week your players accumulate stats in a variety of different statistical categories, and those stats are added to your category totals moving forward throughout the year. Maximum Fantasy Sports offers Free pools and fairly priced Private Fantasy Football leagues as well as Public Leagues with cash payouts.
o Get used to trading players more often. You might have most of Peyton’s categories already locked up yourself by the time the season finale rolls around.
Most people who’ve played fantasy football are familiar with the idea of a head-to-head league: your team of players goes head-to-head against another league team that week; your squad gets a win, loss, or a tie, and then you move on to the next week. Instead of head-to-head leagues where the post-season starts in week 15 or week 16, most Rotisserie leagues give all owners the opportunity to play all of the weeks of the season, and it can get tense trying to build up those final points categories in the late weeks.
Average:. He began creating his own football and baseball fantasy leagues at the ripe old age of seven; tracking stats and standings on paper. The owner simply counts on that player too much for points, and wants to ride that player the whole year. This is not quite as much a problem in Rotisserie leagues, where again you’re looking for Rotisserie from your categories. If you know Peyton Manning is only going to play 2 quarters in the season finale because the Colts have their playoff spot locked up, you might have to worry in your head-to-head playoff game
Murphy says he sees himself as something of a cybercop, enforcing licensing laws and chasing away lawbreakers. Internet gambling operators must gird their sites for multiple simultaneous users who pound through rounds of blackjack and online roulette — at 40, 50 and 60 clicks per minute.
Starnet wouldn’t mind being a takeover candidate for land-based casinos: “Once the smoke clears, they will look at a company like us to get them online,” Bowering said.
Each of the 14 gambling executives interviewed by Computerworld claimed to be bringing a businessman’s order to the largely untested world of Internet wagering.
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They also must support many languages besides English to attract players in Europe and Asia, where online betting isn’t so legally iffy.
Nash is a Computerworld senior editor. “We tried to recruit from locals but they don’t have the skills,” Bengtsson said.
by Kim S. Kitts, has spent $20 million in the past three years to set up its GalaxiWorld online casino, said Larry Weltman, chief financial officer at the company in Gibraltar, U.K.
Starnet Communications International Inc.
Inland Entertainment Corp.
“We’re pioneers. Antigua is one of just a few countries to legalize online gambling. Her E-mail address is firstname.lastname@example.org.
The four information technology people at Boss Casinos all are transplanted Swedes. The credit card, passport and other data requested of players “never leaves this building. That’s different from Amazon.com, where “one customer buys two books, and it may [take] two or three weeks to deliver,” added Weltman, a former lottery company manager.
Meanwhile, Starnet and rival Inland Entertainment Corp. We’re MBAs.”
But as usual, the house is raking in the cash. “We’re not typical bookies. Playing by the rules
“Security we take quite seriously,” Bengtsson said. An estimated 200 Web sites currently lure surfers to virtual slot machines, craps and other Las Vegas-style games.
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Even so, Starnet, which is based in Vancouver, B.C., is careful to do all bet-processing and money transactions on servers here to guard against Canadian and U.S. In fact, Antigua invites it.
In the new locale, Bengtsson plans to set up a locked and guarded server room in which to house six Sun Microsystems Inc. So far, he’s collected $6 million to $7 million in license fees from the 32 online casinos and sports-betting sites he has sanctioned.
“Gambling provides revenue to the country but also employment and indirect economic benefits,” said Vere Murphy, commissioner of the Free Trade and Processing Zone, which licenses and regulates Internet gambling companies here.
More than 1,200 registered players placed $3.1 million worth of wagers in GalaxiWorld’s first month in action. in San Diego, which runs three online casinos, like to point out that they’re publicly traded firms that must report detailed company data.
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Starnet, for example, posted $1.8 million in sales for its most recent quarter and showed $248,000 in profit. Page hits totaled 3.2 million.
Two Compaq Computer Corp. Nash
Boss Casinos moved into a snow-white, five-story building — one of the tallest in this capital city — after Hurricane Georges blew the roof off its former quarters in September. servers running Microsoft Corp.’s Windows NT process bettor payments. English Harbour Casino Ltd., on the southern tip of the island, uses Deloitte Touche LLP, while Boss Casinos employs PricewaterhouseCoopers.
Software development costs are the biggest expense for Internet gambling firms. police action.
For Bowering, vice president of offshore operations at Starnet Communications International Inc., Internet gambling is a legitimate form of electronic commerce that lawmakers just don’t understand.
And Amazon.com doesn’t have to worry about how to pay out $50,000 jackpots.
“You play my game, and it’s a real live transaction taking place,” he said. The company, which has headquarters in Sweden, employs 30 people locally, mostly in telephone support and risk analysis.
“We gotta be fast. JOHN’S, Antigua (IDG) — Here among the storefronts made of plywood and painted ice-pop colors, there grows a strain of electronic commerce that faces obstacles even Amazon.com couldn’t imagine. We’re sticking to a marketing strategy and a business plan,” said Bowering, a 38-year-old former stock broker and financial consultant. “We deal with other people’s money and must have backup procedures and a fire-safe area and strict rules. We’re the future. (Boss Casinos charges maintenance fees and takes an additional cut of the revenue from each client.)
Cost of doing business
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Managing risks — financial, legal and security — is what the business is all about. police say online gambling is illegal under a 38-year-old law — and they’re starting to prosecute. Moreover, the U.S. servers, one for each of the gambling sites he runs for other companies.
Hiring programmers well-versed in Sun’s Java language is expensive but worth it, according to Weltman, 37. All staff is cleared by Interpol,” he said. There are too many other choices out there for players,” he said.
Last year, Starnet’s casinos group saw 6 million hits daily; the average spent per bettor visit was $200, he said.
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External sites are not endorsed by CNN Interactive.. Wire transfers, credit cards, bank drafts, personal checks, electronic currency, even cash: They all are forms of payment acceptable at one gambling site or another.
March 4, 1999
Webposted at 8:08 am EDT
For example, some companies have hired Big 5 accounting firms to sign off on their business plans and certify, as best they can, that the software is fair to players. Bengtsson, a 30-year-old ex-blackjack dealer in banker’s clothes, runs Boss Casinos, which is one of the biggest online gambling operations here. Instead of having to download fat software files before playing, users spend one to three minutes installing various Java applets, he said.
Terry Bowering has paid his $100,000 annual license fee to Antigua and scoffs at the idea that online casino executives run a crooked business, hide from the law or fleece naive Internet users.
Perhaps most nettlesome are the financial transactions. Operations were down for more than two days.
“We don’t sit here drinking umbrella drinks,” said Peter Bengtsson, managing director of Boss Casinos Ltd. GLC Ltd., which does business on the nearby island of St. Gun-toting local police also watch the premises 12 hours a day.
So gambling entrepreneurs from the U.S., Canada, the U.K., Israel and other countries have set down roots on Caribbean islands, particularly this one. Inland isn’t profitable yet.
There’s just one problem: U.S. Congress is expected to outlaw Internet casinos outright.
ST. Online gambling is a $535 million industry worldwide that’s expected to grow to $10 billion in three years, according to Datamonitor PLC, a market researcher in London
The manager, Arsene Wenger, has become resistant to spending much of this surplus on signing new players, believing fervently that the young team he has nurtured for years will ultimately succeed with style.
Run aground: Portsmouth scuppered by owner
Going great guns: Arsenal’s Good Governance
The idea for supporters to fashion their own subtle protest, by wearing the green and gold colours of Newton Heath, the original United club formed in 1878 by workers on the Lancashire and Yorkshire Railway, was suggested by one fan on a messageboard, under his posting name, chatmaster. Much of its £265m debt, which has been substantially reduced, is at a low, five percent fixed rate of interest.. Fifteen of the Premier League’s clubs, three-quarters, are supported financially by owners. Millions in match-day returns and broadcasting rights are at stake and the level of speculation required to keep a top-flight club on its toes is as high as any other industry. It became a phenomenon.
Gaydamak himself declared shortly after the FA Cup victory that he could no longer afford to throw his millions into the club, because he himself had been holed by the recession.
Last Updated Jun 11, 2010 12:08 PM EDT
Wayne Rooney, striker for Man Utd. The north London club did have substantial debts, £265m, but they were taken on as an investment in the Emirates Stadium,to which the club moved in 2006.
Football Lessons for Managers
Whether or not the consortium eventually launches a bid for the club, its efforts add credibility to protests on the terraces, creating an uncommon solidarity between business bosses and fans.
After Portsmouth’s £122.8m financial meltdown, the Premier League sought to argue it was a one-off, not symptomatic of wider problems in top-flight football nor an international embarrassment. The following year, when Harry Redknapp’s team won the FA Cup, the club lost £17m, and the administrators estimated that in the year to May 31 2009, the club lost £13m.
So financially Arsenal embodies metropolitan wealth. Initially, a London property slump resulted in slow sales, but Arsenal was under no pressure. Yet resentment at the debt-laden takeover has never been assuaged.
Five months later, in October 2008, the then FA chairman, Lord Triesman, publicly warned that English professional football’s debts, which he estimated at £3bn, carried “very tangible dangers” for clubs, and called for greater restraint, especially on players’ wages. Here are three examples of how clubs have been managed: with prudence, with high risk and with absolute abandon.
In January, the Glazers issued a prospectus to refinance £500m of the debt, and the document renewed United fans’ outrage. Richard Scudamore, the league’s chief executive and top deal-broker, argued that the club’s collapse was due to “rank bad management” — but it was management which had been tolerated, even celebrated, when Portsmouth returned from Wembley with the FA Cup in May 2008.
In the red: Manchester United’s mounting debt
Portsmouth blew a hole in that assertion, but it is not an isolated case of bad stewardship. Portsmouth is their cautionary tale: when Gaydamak pulled his money out, the club was launched on the fast track to the insolvency court.
In 2008-09 Arsenal turned over £316m, by far the highest ever by an English club, boosted by apartment sales, which are now generating a profit. Yet all is still not well, pointing up another innate contradiction of the football business. It showed that despite a staggering £460m for which the club had become liable as a direct result of the takeover, United’s total debts had increased to £716m, because the capital had not been touched and the high interest on payment-in-kind loans had “rolled up.”
Arsene Wenger, Arsenal Manager. It was living beyond its means, paying players too much, because it had an owner, a Russian Israeli, Sacha Gaydamak, who was to pouring money into the club soak up the losses.
In March a consortium of investors, including succesful directors of legal and media firms, was reported to have formed to raise enough money to buy back the club. Photo: Flickr
Off the field, the books sing, yet on it, the players have failed in critical challenges, and the season ended with Cesc Fabregas, the club captain, reported to be wanting a move back home to Barcelona. Wenger is being forced to acknowledge that there’s a balance to be struck between the pure, idealised principles of sport and the mucky, financial market in traded football talent.
In the shell of the old Highbury Stadium, an icon of art deco style when its stands were built in the 1930s, Arsenal built apartments designed fo New Lads-made-good. Dubbed the Red Knights , the group has so far shied away from making a formal offer, because they and the Glazers cannot agree a sensible price for Manchester United.
United has enjoyed enormous success since, winning the Premier League in 2007, 2008 and 2009, and the European Champions League in 2008. The club is currently owned by the Florida-based Glazer family, who bought United with £559m of borrowed money in May 2005, then loaded responsibility for paying the debts onto the club itself.
It’s not just good management on the pitch that counts in Premier League football. The 60,000 seat Emirates stadium, comprising some of the most expensive tickets in the Premier League, was already paying dividends.
Among all the Premier League club accounts for 2008-09 — leaving aside the 14 clubs which made losses and the 15 which relied on owners’ subsidies — Arsenal stood proud, a model of financial governance. Photo Flickr
The Glazers are adamant that they won’t sell the club, from which they see profits from the Premier League’s continually booming revenues. But Scudamore claimed the Premier League’s debts were sustainable.
The supporters were at once demonstrating against what they saw as the carpet-bagging of a great sporting institution by speculators from afar who’d not put in one cent of investment, and at the same time championing the original working class values of the club.
The contradictions at the heart of the Premier League, its relentless commercial growth allied to persistent concerns about its financial and moral health, have been played out most remarkably in the soaring stands of Old Trafford, home of Manchester United. The club was, in fact, a textbook example of the way in which many clubs are run. All Rights Reserved.
In the year to May 31, 2007, Portsmouth’s overspending led to a loss of £23m
Of those who profess to be Christians, nearly half say that they fall the Catholic faith. It is written in Arabic. This does not necessarily mean that they do not believe in a supreme being or deity, it just means that they are not sure.
Within the US, some 13 percent of the population claims they have no religious affiliations or practices. The vast majority of practicing Hindus, some 99 percent, reside within the Asia-Pacific region.
Hinduism has many traditions including Shaivism, Vaishnavism and Å?rauta. This accounts for about 1 billion people or 16 percent of the global population. They are Theravada, which is also known as The School of the Elders) and the other is known as Mahayana, The Great Vehicle.
Geographically, Theravada is most practiced in Southeast Asian countries such as Laos, Cambodia, Thailand, and Myanmar. This makes it the second most popular of the 5 major religions of the world, and it represents about 23 percent of the world’s population. Atheism AKA No-Religion
The God Delusion
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It may seem odd, but the third largest population group, in terms of religion, is those who say they have no religion at all. Christianity
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3. Of the agnostics, may report that they simply do not know which of the many religions is right for them, so they choose no religion at all. An estimated 99 percent of Buddhists live within the Asia-Pacific area.
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Current estimates put the number of practicing Christians at about 2 billion worldwide. Yi is to work to uphold righteousness as well as having the moral disposition that leads one to do good for others. It concentrates on this world rather than on gods or deities. During daily prayers, the Quran is recited in Arabic only.
Brihadeeswarar Temple, a Hindu temple dedicated to the deity Shiva
The Sultan Ahmed Mosque in Turkey. A mosque is an Islamic place of worship.
The Qur’an (Oxford World’s Classics)
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Islam has an estimated 1.6 billion followers worldwide. It focuses on the concept that humans can improve themselves through certain practices. This branch incorporates traditions known as Zen, Pure Land, Nichiren Buddhism, Shingon, Tibetan Buddhism, and Tiantai.. This searching has led to numerous religions, and here we look at 5 major religions of the world today.
Humanism is at the core of Confucianism. Gerneally speaking, Hinduism includes a large spectrum of both laws and prescriptions that are based on karma, dharma, as well as societal norms. Within the last two decades, 80 percent of US mosques were constructed, and not for Islamic immigrants necessarily but rather for converts who had been born and raised in the United States. This group includes both agnostics and atheists, with atheists being the minority. It has been estimated that globally, nearly 33 percent of those on the planet follow some form of Christianity.
Christianity is based on the teachings that are set out in the Old and New Testaments of the Holy Bible. Hinduism
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Confucianism (which is often referred to as Chinese traditional religion) and Buddhism are tied for fifth place. Muslims believe that the spoken text of the Quran was given to Muhammad over a 23 year period of time that began on 22 December 609 CE and ended 632 CE, which is the year of Muhammad’s death. Those who practice this belief rely on the concepts and practices that are known as ren, yi, and li.
Christians are said to be the most evenly dispersed worldwide with the number of Christians who currently reside in Europe being 26 per cent, and those living in Latin America, the Caribbean, and sub-Saharan Africa coming in at 24 percent each.
Generally speaking, over 80 percent of the world’s population report that they identify with one religion or another. Bhagavad Gita: A New Translation
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Hinduism is fourth on the list of our 5 major world religions with some 900 million people worldwide who practice the religion. For instance, within the US, Islam is said to be the fastest growing religion. The number of people who profess to be Muslim is increasing, however. Each of these religions is estimated to have around 400 million members, or about 7 percent of the population. Hinduism is not composed of strict rules or beliefs but on a mix of intellectual as well as philosophical viewpoints.
Most people have a religion
Hinduism has no particular founder, and is often referred to as the oldest living religion in the world today.
4. The Bible is arguable the best-selling book of all time and continues to outsell any other book that goes on the market. This constant questioning of whether or not there is a deity has caused mankind to go in search of a religion that can answer these probing questions. The book contains brief descriptions as well as in-depth discussions of the similarities and differences between various religions.
The Heart of the Buddha’s Teaching: Transforming Suffering into Peace, Joy, and Liberation
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There are two major areas or branches of Buddhism. This accounts for about 15 percent of the world’s population. As of 2010, the world’s population was put at 6.9 billion.
Ren is known as the obligation one should show of altruism for other people. Confucianism and Buddhism
Credit: By Milei.vencel (Own work) [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0)], via Wikimedia Commons
The Islamic sacred book is the Quran which is believed to be the word of God that was given to Muhammad by Gabriel, the archangel. And, Li is concerned with the ways in which a person is to act during his or her everyday routine.
1. Estimates also report that nearly 6 billion adults and children are affiliated with some form of religion. The majority of other Christians follow in the Protestants or Anglican traditions. Islam
Credit: By Constantin Barbu [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
The Five Most Popular Religions in the World
5. The first books of the Bible (written by Moses) constitute the Torah which is used by those who practice Judaism.
For eons, mankind has wondered if there was a supreme being in charge of things such as life, death, the hereafter, and creation itself. In Australia, 15 percent say they have no religious affiliations.
2. It also has a large following in Sri Lanka.
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It should be noted that Vajrayana, which is most often practiced in both Tibet and Mongolia is considered a third branch of Buddhism.
Mahayana, on the other hand, is seen in Eastern Asian countries such as Korea, China, Japan, Singapore, Vietnam, and Taiwan. Within the faith, the most well-known branches are the Sunni and Shi’ite.
It should also be noted that high birth rates reported within many Muslim-based countries will only increase the growing number of people who say they are Muslim.
A Buddhist temple in Cambodia
Read about the major world religions such as Christianity, Islam, Buddhism, Hinduism and others alongside stunning photography
The one-time leading junket operator in the territory posted bail and left for the US. The warning informs suspects that they have the right to remain silent when interrogated by law enforcement officers and to seek legal advice before answering questions.
Prosecutors now have to prove that the two Malaysian citizens not only used such betting platforms during their stay in Las Vegas, but also operated them from there.
“At no point did I feel that I was free to stop answering the agents’ questions and terminate the interview, nor did I ever feel that I was free to leave,” wrote Paul Phua.
Phua “absolutely maintains he is innocent of the gambling charges in the United States”, lawyers for the 50 year-old said in an email. In a first motion, they argued that federal agents had illegally obtained evidence by shutting down the internet in the villa and impersonating repairmen.
A Post investigation in September shed some light into the operations of Asian online betting websites, but ownership of online gambling platforms like IBC is often obscured in complex networks of offshore companies.
An alleged breach of procedure by the FBI could jeopardise the prosecution of alleged gambling kingpin Paul Phua Wei-seng in Las Vegas as lawyers filed a motion to suppress testimony he provided during a raid.
According to FBI interview records, Paul Phua at one point during his interrogation said he had invested approximately US$200 million in IBC. Photo: AP” typeof=”foaf:Image”/>
His son was also told to kneel down and was handcuffed. They also called the triad allegations unfounded.
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To know the results, note that Entrant Status Check will be the only option. Chad | – Spring Break is likely to take place as planned, according to the results of a recent Millionaire Corner survey indicating most Indians are planning to take a holiday this year despite economic concerns and coming vacations. but the results of these entrance exams are a matter to be happy about definitely. A complete overhaul of current humanity and it’s values, beliefs, and operations that would permit the way in of a new age. The winners will receive their trophies at the IIFA Rocks on June 8th 2012, in Singapore.
Chinese Horoscope 2012 Snake Prediction
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Body Features Specifications:
A swept back look is added to bumpers and side mouldings to give the model a mid-size sedan look. | – Zindagi Na Milegi Dobara The Dirty Picture
lead IIFA 2012 nominations
Following the industry voting for the upcoming IIFA Awards in Singapore at the IIFA Voting Weekend held in March, nominees across the popular award categories for the year 2012, were announced today.
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Zindagi Na Milegi Dobara leads the tally with five nominations,
Ra.One comes a close second with four.
The International Indian Film Academy (IIFA) today announced winners of the Technical Awards categories for the IIFA Awards 2012. Planning your leisure time. And …
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By: Ujjwal Prasad | – The All India Engineering Entrance Examination (AIEEE) is conducted to screen candidates for admission into varied engineering courses offered by the National Institute of Technology (NITs). It is the primary examination and the basis of a students attempt of getting in to one of the 16 institutions of IIT.
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How Much Horoscope 2012 Important In People
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Windows Server 2012 formerly codenamed Windows Server 8, is the next release of Windows Server currently under development by Microsoft. You may have some setbacks in health in 2012 and must find a strategy on hand to combat stress. On the other hand, those who have just finished university and masters and seeking a safe path for performance, MBA online is a viable alternative.
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The year 2011 has been spectacular for Hindi Cinema, with impressive movies making a mark not only with ground-breaking box-office collections but also with sincere critical acclaim. The latest Google 2012 April update is one of the many measures that Google has instituted to prevent such practices. Snake people are possessors of strong determination, also profound thinkers and are highly romantic. Through advanced programs users are able to get the best results from their computers. (MLM.MI) presented, at the 37th ESMO Congress, three studies on its investigational biological drug NGR-hTNF, including updated results in non-small cell lung cancer (NSCLC) patients and two retrospective analyses evaluating potential predictors of outcome in patients enrolled in Phase I and Phase II trials.
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Zindagi Na Milegi Dobara The Dirty Picture Lead Iifa 2012 Nominations
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If you are planning to appear for GATE 2012, then you need to fit in the following eligibility criteria:
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Cattaneo Flavio: Terna”??s Board Of Directors Results As Of June 30, 2012 Approved
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That is below Enis 8 percent cost of capital. Scaroni said that under its president, Armando Guebuza, Mozambique had devised a very reasonable program for developing its oil and natural gas resources with the aid of advisers from Norway, a country whose petroleum system has become a model for new producers. Of course it was high-risk, high-reward.
It was after Anadarko, a U.S. Eni are the people who have been the most successful there.
Northern Mozambique is pretty much a frontier area lacking any infrastructure; this will add to the challenges of developing Mozambique L.N.G., said Mansur Mohammed, an analyst in Edinburgh for Wood Mackenzie, an energy and mining research firm. That cooperation has helped Eni obtain a foothold in the Russian Arctic through a venture with the state oil company Rosneft in the Barents Sea, where Eni has already had success on the Norwegian side.
Although Mozambique was a new country, we thought the chances were reasonable, about 20 percent, of finding something, Mr. Mohammed estimated the cost of the initial phase of the projects at about $50 billion.
Mr. Scaroni said, noting that Eni faced a season of big capital expenditure before reaping the rewards of added production.
The challenge now will be to fully capitalize on that opportunity, which will require the company to help manage Mozambiques transition into a major energy exporter. The Italian government holds a 30 percent stake.
Given the new focus, Mr. A big question is whether Eni or Anadarko, for that matter has what it takes to manage Mozambiques likely transition from a small onshore producer to potentially one of the worlds leading natural gas exporters, on a scale with Australia and Qatar. Scaroni, a graduate of Columbia Business School in New York with a masters degree in business administration, took the top job at Eni in 2005 after spending much of his career outside Italy and the oil business. Scaroni has smoothly sailed Eni through Libyas chaotic transition from the regime of Col. They note that Eni already has large numbers of Algerian troops inside the perimeters of its Algerian sites, while troops apparently were not posted inside the seized complex at In Amenas.
So far, Mr. Its output is double that of a large independent like Anadarko. That was the second-best stock performance among major oil companies, after Rosneft of Russia, according to Bernstein Research, an investment analysis firm. facilities together, which could help cut costs.
A logical partner would be Royal Dutch Shell, one of the worlds leading L.N.G. Beginning in 2010, Eni and a rival, the Houston-based Anadarko Petroleum, made a series of finds off Mozambique, a country in East Africa, that add up to the largest natural gas discovery of recent years the equivalent of about 16 billion barrels of oil.
As for Mozambique, Mr. The estimated $48 billion first phase of the project is about eight years behind schedule.
On Dec. And Eni is as aware as any European energy company of the dangers of politically volatile North Africa, given its own extensive operations in Algeria and Libya.
But for now, at least, Mozambique is not one of Africas trouble spots. While it is only half the size of Shell, by any other standard, Eni is huge: 79,000 employees and net profit of 6.3 billion for the first nine months of last year. Eni executives say they were surprised and shocked by what happened to BP and Statoil, which are partners in the Algerian plant that was seized, and are tightening up their own security measures. 21, Eni and Anadarko signed an agreement to build L.N.G. From time to time, we ask ourselves: Is it worth it?
The combination of discoveries and disposals plus the prospect of a buyback of as much as 6 billion of the companys stock helped lift Enis share price 15 percent last year. In the case of the Republic of Congo, Eni yielded to the presidents request that Eni expand one power plant and build another for the country, which was short of generating capacity.
Mr. We have a company with 150 expatriates in Iraq, with a huge effort for security, and the economic result for us is very little, since we are paid $2 per barrel, he said. That is despite Saipems having embarrassed Eni in December when Milan prosecutors said they were investigating company executives over suspicions of corruption in Algeria.
As part of that episode, Saipems chief executive resigned; so did Enis chief financial officer, who had previously been finance chief at Saipem.
Eni controls the largest share of the Mozambique findings, with 70 percent of an offshore block in the Indian Ocean called Area 4, in what is known as the Rovuma Basin.
Enis chief executive, Paolo Scaroni, said the discoveries had come after Eni spent five years studying East Africa, where very little oil and natural gas had been found. We are preparing the balance sheet to be ready to develop all the discoveries we have made, Mr. players. And in any case, energy companies tend to follow opportunities wherever they can find them.
Mr. The Wafa field, an important Eni site in Libya, is 35 kilometers, or 22 miles, east of In Amenas. A picture in his office shows his son with a fish he caught during that visit.
I meet the president every time I go there, he said of Mr. Scaroni said during an interview in Milan. But Mr. independent, announced a discovery in an adjacent tract that Eni, which had been preparing to drill in another part of its block, decided to put its first well near Anadarkos tract.
Mr. Scaroni said that Mozambique would become larger than any investment Eni had previously made. Scaroni has also been supportive of Russian energy projects including Southstream, a proposal for bringing Russian natural gas to Western Europe by means of a pipeline under the Black Sea, bypassing countries like Ukraine. But Shell was outbid by PTT Exploration Production of Thailand, which paid about 1.2 billion, or $1.9 billion.
Eni is considered a major producer, with output equivalent to about 1.7 million barrels a day. He has been gradually reshaping the company into more of a machine for finding and producing oil and natural gas and less of the lumbering state conglomerate that had toiled in the second tier of global oil giants.. Those deals have raised about 7.4 billion, or $9.9 billion, and have helped cut net debt. Shell agreed last year to buy Cove Energy, a small British company that holds an 8.5 percent stake in Anadarkos Mozambique block. I am keeping him informed about potential partners; every change in the consortium has to have their approval.
Eni is the largest foreign producer of oil and gas in both Algeria and Libya. Scaroni has resisted selling Enis controlling stake in Saipem, a drilling and engineering subsidiary. Unlike most other oil companies, Eni thrived under the Qaddafi regime, developing new fields and building a $9 billion facility at Mellitah, west of Tripoli, to pipe natural gas under the Mediterranean.
For investors, that is a welcome change for a company that had previously lagged behind its peers. We have to give them credit for executing, said Oswald Clint, an analyst at Bernstein in London.
To keep up the strong performance, though, Eni faces some difficult tasks and decisions. He acknowledged that he was talking to other companies about selling potential stakes, though he said Eni preferred to do more exploration and initial development before bringing in partners.
The government seems to signal that it wants the commercial companies to make a good profit but not to give them the lions share, said Bjorn-Erik Leerberg, a partner at Simonsen, a Norwegian law firm that has been advising Mozambique.
Mozambique is not expected to start producing the offshore natural gas until late in this decade at the earliest. Another complexity will be the remote location of the facilities.
Mr. Of course, achieving that sort of profit would require a stable government; continued high prices for natural gas in Asia, which have yet to be affected by the shale gas boom in the United States; and smooth and efficient operations.
Enis track record on major projects has not always been stellar. Enis stock is up an additional 5.6 percent so far in January.
The corporate credo is that it is a two-flag company one that tries to work as a cooperative partner with its host countries. There, geologists working for the Italian oil company Eni don 3-D glasses to contemplate fluorescent images of underground geological formations and try to divine which might be worth tens of millions of dollars in exploratory drilling.
The mood around Eni has been nirvana-like lately as the companys explorers have made some lucrative enlightened guesses. Muammar el-Qaddafi to a new government that is still trying to find its balance. The government of Mozambique seems to have little problem with its foreign partners making profits, but it wants to make sure that natural gas is used for the countrys development.
MILAN Tucked away in a building on the outskirts of Milan is the nirvana room, so called perhaps because of the good tidings it contains. To export to the Asian customers that are the most likely buyers, Mozambique will need huge liquefied natural gas plants for preparing the gas for shipping, as well as other facilities that do not yet exist.
Neither Eni nor Anadarko has strong credentials in processing and shipping liquefied natural gas, or L.N.G., which requires skills beyond those required for conveying natural gas via pipelines. Since then, Eni has restored most of its Libyan production, which represents 14 percent of Enis oil and natural gas output.
Based on the Cove sale, Eni figures that its share of Mozambique natural gas is valued in the $15 billion range.
Mr. Mr. Scaroni knows he cannot be complacent. When Mozambique made exploration blocks available in 2006, Eni bid and got the one it wanted.
With the finds in Mozambique, along with others in the Barents Sea and off Indonesia, Mr. Scaroni, 66, also has the crucial task of maintaining Enis relationships with a group of fossil-fuel-rich but prickly host countries that include Iraq, Libya, Russia, Venezuela and, elsewhere in Africa, Angola and the Republic of Congo. He regularly turns up in places like Baghdad or Brazzaville that might give other chief executives pause.
During the interview, the Zubair field in Iraq was on his mind. Scaroni has leeway to do what one of Enis big shareholders, Knight Vinke Asset Management, an activist fund manager based in Monaco, has been urging: focus on exploration and production and get rid of extraneous assets.
He is gradually selling Enis holdings in other businesses, including SNAM, a regulated natural gas distribution business in Italy, and a 33 percent holding in GALP, a Portuguese oil company. Scaroni said he had visited the country seven or eight times, once during the Christmas holiday in late 2011. The Libyans do have a special incentive for protecting the field: It keeps the lights on in that country, producing 50 percent of the gas that fuels Libyan power plants.
In gaining early access to Mozambique, Eni trumped other major oil companies, which have been shut out of the country, even though it was the scene of four of the five largest finds worldwide last year.
We missed East Africa, Mike Daly, BPs head of exploration, lamented at a recent conference. Delays and cost overruns have reduced returns to an estimated 7 percent on the giant Kashagan project in Kazakhstan, where Eni was the operator until 2008, according to Bernstein. Bernstein has said it expects Mozambique to yield very high returns on investment, close to 30 percent, for its gas developers. Scaroni was quick to go to Benghazi in April 2011 to meet the rebel leadership, even before Colonel Qaddafis fall. And building multibillion-dollar plants in remote areas to turn natural gas into liquids for transport on specialized ships will also test Enis skills.
These days, oil and natural gas exploration is an industry as fraught with geopolitical risks as it is with geological ones, as the recent hostage-taking attack in Algeria has made clear. Guebuza
Sanchez has made 71 appearances for the Chilean national team and scored 24 goals, including two goals in four appearances in the 2014 World Cup.
London, England (SportsNetwork.com) – Chile international Alexis Sanchez has agreed to join Arsenal from La Liga club Barcelona for an undisclosed fee, it was revealed Thursday.
The 25-year-old made a total of 88 appearances for Barcelona, scoring 39 goals in his three seasons with the Catalan club.
“As many people have seen during the World Cup this summer, Alexis is a fantastic footballer and we are delighted that he is joining us at Arsenal Football Club,” manager Arsene Wenger said. He has consistently produced top-quality performances at the highest level for a number of seasons now and we are all excited to see him integrate into the Arsenal squad. I’m sure all Arsenal supporters will join me in welcoming Alexis to our club.”. “Alexis will add power, creativity and much quality to our squad and we are all looking forward to him joining up with us in a few weeks