Swiss Bank Account - 7 myths

1. Swiss bank accounts are only for millionaires

This is not true. The majority of our clients are not major manufacturers or movie stars, but everyday people (business people, computer engineers, civil servants, etc.). Swiss banks are no longer only for stars.

You can open a Swiss bank account with a deposit of only 5,000 Swiss francs. We even offer accounts with no minimum balance.

2. Money invested in Switzerland yields no interest

Nothing could be more untrue. You can invest your money worldwide from your account in Switzerland through investment funds, bonds, the stock market, the purchase of metal values, raw materials, derivatives and many other types of investments. Swiss bankers are among the best finance managers in the world, so it comes as no surprise that they manage over 35% of offshore holdings.

3. It's impossible to open an account in Switzerland by correspondence

This is not true. Most of the accounts that we offer can be opened by correspondence as long as you comply with our opening procedures and provide us with the necessary documents. What is more, your banking relations can be conducted by correspondence, using the telephone, Internet banking, bank transfer and credit cards. That said, we encourage our customers to meet with their banker at least once in order to get acquainted and see where their money is held.

4. Swiss bank accounts are very expensive to maintain

This is not true. Most of the accounts we open don't charge a cent in annual fees. Even if you would like additional services such as retained correspondence or numbered banking relations, the annual fees are very reasonable.

5. It is difficult to close a Swiss bank account

On the contrary. You can close your account in Switzerland whenever you wish and without any restriction. You will pay no financial penalty. If need be, you will just have to realize your investments. Contrary to many onshore banking practices, your money is not held hostage by Swiss banks.

6. Swiss bank accounts attract only criminals and dictators

Not true! The vast majority of Swiss bank account holders are honest people who want to keep their savings in a country renowned for its stability. Swiss banks are extremely cautious regarding politicians who wish to open an account and they systematically refuse to accept any money that is of dubious origin or poorly founded.

7. Numbered accounts are anonymous

There are no anonymous accounts in Switzerland. A numbered account is an account that is identified solely by a number, rather than a name, in order to preserve the strictest confidentiality possible during teller transactions or bank transfers. Only the bank manager and a few select people know the identity of numbered account holders.

----- swiss bank accounts dot com

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Magnetic Poles of Earth

The Earth's magnetic field changes orientation at regular intervals, and although we can't predict when it will happen, we are certain that the poles move. Measurements of the magnetic field over the past 400 years reveal that the North Magnetic Pole has moved around the Arctic north of Canada by as much as six miles per year. In the past 10 years, it picked up speed and began to move north at 25 miles per year.

The historical position of the magnetic poles, going back millions of years, can be read from various magnetic minerals found in lava and other rocks. The minerals show that the magnetic field has reversed direction about every 300,000 years and that more than 780,000 years have passed since the poles last shifted. This makes us long overdue for another magnetic-pole reversal from north to south.

It's not just the magnetic field's orientation that changes over time but also its strength. Analysis of minerals found at the bottom of the ocean shows that the magnetic field has weakened 10 percent since the 19th century.

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Does Blogging Pay ?

You bet ? Everything in life pays. Some in the form of money, some for goods, some merely for satisfaction and you can image what ever out of it. Blogging is a small art which lots and lots of us are doing round the clock. Most of us do not look at the earning potential it has. Then you may ask ..... how does it pay ? Working on a free site and free server and free free .. why would we get paid ?

Think again. For it pays. Do not expect a blog to pay you like a stock in the share market jumping 10-20 per cent the next day. This is a place where it requires sincere dedication of writing out articles on topics that you love. It takes time and efforts to get to a level where you can get paid.

Who pays ? There are lot may who do ! Google adsense for one pays. It has been over an year now and we have been able to generate some revenue slowly out of the blog. Not worth mentioning compared to the time it took to reach that figure but yes, slowly with time you can start earning.

And just in case you need some tips, feel free to get in touch. Lastly we would sincerely thank you, the reader of this blog, for your efforts are what got us that payment. Cheers !

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A hilarious Video - Life Computerized !

Some video that we had accidently located on the internet. We would not claim it to be ours. We are not concerned as to what it is trying to advertise but look at the hilarious content. What it ..... what if we spend 24 hours out of 24 hours on the computer? We certainly need to mend our ways to go towards our nature and not nurture the key board and mouse of the computer. A very small video worth watching.

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Latest Mobiles

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The Top 25 - Sports Related Personalities

S.No.	Name	Information
1	Joseph Blatter	President, FIFA
2	Jacques Rogge	President, International Olympic Committee
3	Bernie Ecclestone	CEO and President, Formula One
4	Herbert Hainer	CEO, Adidas
5	David Beckham	Soccer midfielder, Los Angeles Galaxy
6	Roman Abramovich	Owner, Chelsea Football Club
7	Cristiano Ronaldo	Soccer right/left winger, Manchester United
8	Michel Platini	President, Union of European Football Associations
9	Roger Federer	Tennis champ
10	Haruyuki Takahashi	Senior Managing Director, Dentsu
11	Silvio Berlusconi	President, A.C. Milan
12	Lewis Hamilton	Formula One racer
13	Luca DiMontezemolo	President, Ferrari
14	Ramon Calderon	President, Real Madrid
15	Michael Schumacher	Retired Formula One racer
16	Yao Ming	Center, Houston Rockets
17	Gilbert Felli	Executive Director, Olympic Games
18	Dietrich Mateschitz	Co-owner, Red Bull racing teams
19	Lalit Modi	Chairman and Commissioner, Indian Premier League
20	Richard Scudamore	CEO, F.A. Premier League
21	Ron Dennis	Principal, Vodafone McLaren Mercedes
22	Timo Lumme	Director, TV and marketing services, International Olympic Committee
23	Sachin Tendulkar	Indian cricketer, Captain of Mumbai Indians team
24	Jose Mourinho	Manager, Inter Milan
25	Maria Sharapova	Tennis star

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Dubai planning a Taller Tower

With its world's tallest building nearing completion, Dubai said Sunday it is embarking on an even more ambitious skyscraper: one that will soar more than 10 American football fields.

That's about two-thirds of a mile or the height of more than three of New York's Chrysler Buildings stacked end-to-end.

Babel had nothing on this place.

"This is unbelievably groundbreaking design," Chief Executive Chris O'Donnell said during a briefing at the company's sales center, not far from the proposed site. "This still takes my breath away."

The tower, which will take more than a decade to complete, will be the centerpiece of a sprawling development state-owned builder Nakheel plans to create in the rapidly growing "New Dubai" section of the city. Foundation work has already begun, O'Donnell said.

The area is located between two of the city's artificial palm-shaped islands, which Nakheel also built. The project will include a manmade inland harbor and 40 additional towers up to 90 floors high.

About 150 elevators will carry employees and workers to the Nakheel Tower's more than 200 floors, the company said. The building will be composed of four separate towers joined at various levels and centered on an open atrium.

"It does show a lot of confidence in this environment" of worldwide credit problems and a souring global economy, said Marios Maratheftis, Standard Chartered Bank's Dubai-based regional head of research.

As part of government-run conglomerate Dubai World, Nakheel has played a major role in creating modern-day Dubai, a city that has blossomed from a tiny Persian Gulf fishing and pearling village into a major business and tourism hub in a matter of decades.

Besides the growing archipelago of man-made islands for which it is best known, Nakheel is responsible for a number of the city's malls, hotels and hundreds of apartment buildings.

The company said the new project is inspired by Islamic design and draws inspiration from sites such as the Alhambra in Spain and the harbor of Alexandria in Egypt.

"This is nothing like it in Dubai," said Sultan Ahmed bin Sulayem, Nakheel's chairman.

Perhaps not quite. But Dubai is already home to the world's tallest building, even if it remains unfinished.

That skyscraper, the Burj Dubai, or Dubai Tower in Arabic, is being built by Nakheel's chief competitor, Emaar Properties.

Emaar has kept the final height of the silvery steel-and-glass tower a closely guarded secret, saying only that it stood at a "new record height" of 2,257 feet at the start of last month. It's due to be finished next September.

The final height of Nakheel's proposed tower is likewise a secret, as is the price tag. The company would only say it will be more than a kilometer (3,281 feet) tall.

O'Donnell said he was confident that Nakheel could pay for the project despite the financial troubles roiling the world's economy.

He also brushed aside concerns by some analysts that Dubai's property market is becoming overheated and due for a potentially sharp correction.

"In Dubai, demand outstrips supply," he said. "There might be a slowdown, but there definitely won't be a crash."

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Naughty Britishers abroad

With the cases of sexually transmitted infections (STIs) reaching new heights in the UK, health experts have blamed randy Brits abroad for bringing back unwanted 'holiday souvenirs'.

Experts have warned that risky sex among Brit's youth has driven the numbers of STIs to new highs in the UK.

The overall total of STIs last year was six per cent higher than in 2006, according to the Health Protection Agency.

Of 380,000 newly diagnosed cases, 200,000 related to people aged 16 to 24.

This age group accounted for two-thirds of all chlamydia cases, 55 per cent of all genital warts and half of all gonorrhoea sufferers.

A study found that 40 per cent of young women do not carry or use condoms when they go abroad.

"If someone looks well groomed and desirable, it's assumed they're OK," The Sun quoted GP Dr Carol Cooper, as saying.

"But the danger is that many STIs are symptomless. Many young people also don't seem to be aware that they can get STIs without full sex.

"Drunken fumbles that result in genital contact can lead to infection too," she added.

Professor Peter Borriello, director of the HPA's centre for infections, said casual sex is now seen as "part of life" for young people.

And he added: "SHAG now stands for Syphilis, Herpes, Anal warts and Gonorrhoea.

"A casual shag is part of the territory, but if you're going to go diving into the pool, make sure you know how to swim - i.e. use a condom."

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Ig Nobel Awards

Studies that suggested sodas such as Coke and Pepsi kill sperms and exotic lap dancers make more money when they are at peak fertility have been awarded the 2008 Ig Nobel prize.

In 1980s, when researcher Deborah Anderson of Harvard Medical School's birth- control laboratory discovered that "Coca Cola douches" were being used as a type of contraception at the all-girl Catholic boarding school she had attended in Puerto Rico, she decided to test it.

For the study, Anderson, medical student Sharee Umpierre and gynaecologist, Joe Hill mixed four different types of Coke with sperm in test tubes.

A minute later, they found that all sperm were dead in the Diet Coke, however, 41pct were still swimming in the just-introduced New Coke.

"Coca-Cola douches had become a part of contraceptive folklore during the 1950s and 1960s, when other birth-control methods were hard to come by," New Scientist quoted Anderson, as saying.

"It was believed that the carbonic acid in Coke killed sperm, and the method came with its own 'shake and shoot applicator'" - the classic Coke bottle," she added.

Another study, led by University of New Mexico psychologists proposing that lap dancers earn more money when they are at peak fertility also won the award.

During the research, psychologists Geoffrey Miller, Joshua Tybur and Brent Jordan asked women working as lap dancers to report their nightly tips, and whether they were on hormonal contraceptives or menstruating naturally.

The two groups of women received similar tips when they were in non-fertile parts of their cycle, but when the naturally menstruating women reached their fertile days, the researchers found, they earned significantly more.

A Brazilian study led by Astolfo Araujo of the University of Sao Paulo and Jose Marcelino of Sao Paolo's Department of Historical Heritage on armadillos, the burrowing animals, which showed that the pesky creatures can move the artifacts in archaeological dig sites up, down and even laterally by several meters as they dig also won the prestigious alternative prize.

Another experiment with huge implications for health policy won the Ig Nobel medicine prize for Dan Ariely of Duke University in North Carolina.

He gave two groups of volunteers identical placebos masquerading as painkillers, telling one group the pills cost 2.50 dollars each and the other that the pills had been discounted to 10 cents each.

The volunteers didn't pay for the pills, but those who took the "more costly" fake medicine felt less pain from electric shocks than those who took the cheap fakes

This showed that price affects people's expectations and thus their response to medicine, Ariely says - the more expensive the pill, the more relief they expect.

These awards, presented at Harvard University, are organised by the humorous scientific journal the Annals of Improbable Research for research achievements "that make people laugh - then think".

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Tackling Hot Laptops

Faster and greater processing speeds are producing hotter and hotter miniaturised computer models like the laptop. 

Researchers at the University of Virginia School of Engineering and Applied Science are working to overcome the excess heat generating problem using nanoelectronics, expected to power the next generation of computers. 

"Laptops are very hot now, so hot that they are not 'lap' tops anymore," said Avik Ghosh, assistant professor at the University. "The prediction is that if we continue at our current pace of miniaturisation, these devices will be as hot as the sun in 10 to 20 years." 

Ghosh and Mircea Stan, also a professor in the department, are re-examining nothing less than the Second Law of Thermodynamics. The law states that, left to itself, heat will transfer from a hotter unit to a cooler one - in this case between electrical computer components - until both have roughly the same temperature, a state called "thermal equilibrium." 

The possibility of breaking the law will require Ghosh and Stan to solve a scientifically controversial - and theoretical - conundrum known as "Maxwell's Demon." 

Introduced by Scottish physicist James Clerk Maxwell in 1871, the concept theorises that the energy flow from hot to cold could be disrupted if there were a way to control the transfer of energy between two units. Maxwell's Demon would allow one component to take the heat while the other worked at a lower temperature. 

This could be accomplished only if the degree of natural disorder, or entropy, were reduced. And that's the "demon" in Maxwell's Demon. "Device engineering is typically based on operating near thermal equilibrium," Ghosh said. But, he added, nature has examples of biological cells that operate outside thermal equilibrium. 

"Chlorophyll, for example, can convert photons into energy in highly efficient ways that seem to violate traditional thermodynamic expectations," he said, according to a University of Virginia report filed by Zak Richards. 

A closely related concept, Brownian "ratchets," will also be explored. This concept proposes that devices could be engineered to convert non-equilibrium electrical activity into directed motion, allowing energy to be harvested from a heat source. 

If computers could be made with components that operate outside thermal equilibrium, it could mean better computer performance. Basically, your laptop wouldn't burst into flames as it processes larger amounts of information at faster speeds. 

Combining Ghosh's command of physics with Stan's expertise in electrical engineering, the two hope to bridge the concept of tackling Maxwell's Demon and Brownian ratchets from theoretical physics to engineered technologies. 

"These theories have been looked at from a physics perspective for years, but not from the perspective of electrical engineering," Stan said. "So that's where we are trying to break some ground."

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