Earn BRICS call for open selection of next World Bank chief

Earn BRICS call for open selection of next World Bank chief MEXICO CITY (Reuters) - A meeting of BRICS major emerging countries discussed the selection process of the next head of the World Bank and emphasized it should be open to all countries, rejecting the tradition that the job automatically goes to an American, a senior BRIC official said on Saturday. The official, speaking after a meeting of the BRICS - Russia, South Africa, Brazil, India and China - said the United States had not circulated the name of its proposed candidate for the World Bank. Asked whether emerging economies could field their own candidate for the post, the official said: 'That is certainly a discussion we will have.' (Reporting By Lesley Wroughton; Editing by Chizu Nomiyama)

Forex Exxon to sell part of Tonen stake for about $3.9 billion:sources

Forex Exxon to sell part of Tonen stake for about $3.9 billion:sources RELATED QUOTES Symbol Price Change TRI 27.82 -0.10 XOM 85.83 -0.94 By Taro Fuse and Emi Emoto TOKYO (Reuters) - Exxon Mobil (NYSE:XOM - News) plans to sell a large part of its 50 percent stake in TonenGeneral Sekiyu KK (:5012.T) back to its Japanese refining partner in a deal that could be worth about 300 billion yen ($3.9 billion), and will make an announcement as early as Monday, four sources with direct knowledge of the matter said. Exxon Mobil will retain about a 20 percent stake in TonenGeneral but the deal will mark a de facto retreat from the world's third-largest economy by the U.S. oil giant, which is focusing its resources on emerging markets and development of natural resources. The move could also spark realignment among Japan's oil refiners, which have been cutting capacity to cope with falling demand caused by a weak economy and a shift to more efficient and environmentally friendly forms of energy, analysts have said. Reuters reported earlier this month that Exxon was in talks to sell part of the stake back to TonenGeneral. TonenGeneral, which imports and distributes Exxon oil in Japan, ranks as the country's No. 2 refiner behind JX Holdings (:5020.T). Smaller rivals include Idemitsu Kosan Co (:5019.T), Cosmo Oil (:5007.T) and Showa Shell (:5002.T). Exxon and TonenGeneral aim to complete the deal around summer, the sources told Reuters on condition of anonymity. TonenGeneral will seek funds from Sumitomo Mitsui Banking Corp, Sumitomo Trust Banking, Bank of Tokyo Mitsubishi UFJ and Mitsubishi Trust Bank to buy back the stake, the sources said. ($1 = 76.7350 Japanese yen) (Reporting by Taro Fuse and Emoto Emi; Writing by Kaori Kaneko; Editing by Chris Gallagher and Ed Lane)

Earn BBDA Gearing For Third Leg Higher?

Earn

I have successfully called each of BBDA's rallies this year.  First the rally from $.0004 to over $.004, which I alerted my subscribers to before the stock moved, when the stock was virtually dormant and trading only $5,000 to $10,000 a day at most compared to the $500,000+ its has been seeing on this latest rally.  The second from $.0029 to $.0199.  Both ended up being very profitable.  Had you bought at $.0004 (there were millions upon millions of shares for sale when I alerted it at $.0004) and sold at the recent high of $.0199 you are looking at a possible $400 into $19,900 return.

Right now I think BBDA is gearing up for its next leg higher, a move that will take the stock over 100% higher from current levels.  The short term chart is showing a cup and handle formation which is bullish. Also note that any bouts of selling only sends the stock down temporarily.  The uptrend is not done yet.

BBDA's most recent news:


BeBevCo: E-Z Shops are Latest Chain to Jump onto the Relaxation Revolution with KOMA UNWIND
STATESVILLE, N.C., Sept. 6, 2012 /PRNewswire via COMTEX/ -- Bebida Beverage Company (OTC markets: BBDA) (BeBevCo), a developer, manufacturer and marketer of liquid relaxation products, announced today that E-Z Shop Convenience Stores will join the relaxation revolution by carrying Koma Unwind products in their 28 stores throughout eastern South Carolina. This is in aftermath of the roll-out of Koma Unwind at a major retailer in South Carolina that began in August.

'It is amazing how many new store chains and distributors are coming out of the woodwork following our announcement on 28 June, 2012. We have gained a huge amount of credibility in the beverage market in the last few weeks. Now, our European expansion is well underway and we expect that the sky is the limit. After all, in today's busy world, people everywhere need to relax and unwind as well as get a better night's sleep. It won't be long now before liquid relaxation products are everywhere; and, we are a market leader,' said Brian Weber, CEO of Bebida Beverage Company.

About BeBevCo

BeBevCo (Bebida Beverage Company) develops, manufactures and markets liquid relaxation products including KOMA Unwind 'Liquid Relaxation' (TM), KOMA Unwind Sugar-free 'Liquid Relaxation' (TM) and KOMA Unwind 'Liquid Relaxation' Shot(TM) as well as Potencia Energy, Potencia 'BLAST' energy shot, Relax 5 shots and Piranha Water.

Safe Harbor Statement

Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.