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dazzy penrish

Ontario, Hamilton, Canada

Designer (Journalism)

Member since October 09, 2012


    People are responsible for all the financial troubles they may be going through. This is because they chose not to follow the guidelines given out by the financial experts to manage their finances well. Therefore, they should try to learn the basics of personal financial management and do away with any kind of irresponsible financial behavior. A good working knowledge of the finances will help people to save money and think investing it on somes constructive purpose.

    People who are really interested to become financially responsible citizens will be glad to learn about some financial tricks that will help them to achieve their goals.

    Tips to save dollars

    Here are some tips that will help a s to raise a good amount of money as savings:

    a) Banks – Financial institutions like banks or credit unions are considered as some of the most secure places to save money and grow an emergency fund. As a result of the Great Depression of 2008, the US government has hiked the amount of coverage for bank accounts held by the citizens. The bank security money has now been raised to $250,000 for every individual account holder.

    b) Internet banking – People can take advantage of the web-based services offered by the banks. They can use the Internet banking facilities of a bank to conduct market surveys of all the financial products, analyze their return on investments or learn about the minimum deposit amount required across ...


    BP announced today that it has been selected to enter exclusive negotiations to secure the position as the foreign partner in the JV tasked to develop China's first liquefied natural gas (LNG) import terminal and associated pipeline. The Chinese sponsors and BP will jointly conduct a Feasibility Study which, once approved by Chinese authorities, will lead to the formation of a JV company responsible for the construction and initial operating phase of the new plant. The Guangdong project in southern China will consist of an LNG re-gassification terminal near the city of Shenzhen, with a capacity of three million tonnes a year, together with 300 km of associated pipeline linking the terminal to the region in its first phase. It is due on stream in 2006.

    A successful finalisation of the negotiations will lead to BP taking a 30% equity stake in the project, partnering with a coalition led by the China National Offshore Oil Corporation (CNOOC) (33%), local Guangdong companies (31%) and two Hong Kong energy companies (6%).

    "This is a significant new step in expanding our China operations, and an excellent strategic fit with our Asia-Pacific gas reserves,” BP chief executive Sir John Browne said.

    "The Guangdong project will cement our position as a leading global partner for China's rapidly growing gas markets and provides a platform for further growth for the BP Group in the province of Gua...