Psalm 40:3 – He put a new song in my mouth, a hymn of praise to our God. Many will see and fear and put their trust in the Lord.
Dear Heavenly Father, each day I praise you and give thanks for all your mercies. But today, suddenly a spirit has come over me that wants to say thanks to you in ways not often done before. Thanks for gifts I have not often acknowledged.
From you has come the gift of choice. And you alone know how often that gift has been abused. Decisions were made; poor results followed; and who did I blame? Those whom I thought had given the poor advice. Sharing the blame were those who paid my wages; they were never 'big' enough. I blamed the vague imaginations that were misread and misunderstood. I blamed fate that was deemed to be uncontrollable.
I did not blame myself for not talking with others about what mattered. I could do it myself; I could decide not only for me but for them. I could simply walk away, sulk, be miserable, hoping to just get over it. And it was then, I see now, that, amid all the celebration, I walked away in silence.
And again you came with a further gift. This was the precious ointment of your presence. You didn't abandon me. Alone, yet not alone, for you supplied other choices, choices to which there was a newness.
And so today there is a song in my heart. Remembrances of foolishness, pride, envy and even greed, are all ashes now, I hope, but the new song needs to be sung: a song that is ageless, a song that revives the soul, a song that gives thanks for not being abandoned, for having been given a choice again and again.
Thanks again, Lord, for choice, and having chosen us in Him who is our light and our salvation, even Jesus Christ our Lord. Amen.
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Lithua­nia’s 2017 eco­nomic de­vel­op­ment will be faster than in 2016, how­ever, will be be­hind the gross do­mes­tic prod­uct (GDP) growth pro­jected for Latvia, the In­ter­na­tional Mon­e­tary Fund (IMF) said. Es­to­nia should re­port the slow­est eco­nomic growth this year.
Af­ter ris­ing by 2.3 per cent last year, Lithua­nia’s GDP should in­crease by 2.8 per cent this year and by an­other 3.1 per cent in 2018. The rel­e­vant fore­casts for Latvia are 3 per cent and 3.3 per cent and for Es­to­nia – 2.5 per cent and 2.8 per cent, the IMF said in its lat­est fore­casts on Tues­day
Eco­nomic growth in the Euro area, which Lithua­nia is part of, should reach 1.7 per cent this year and 1.6 per cent in 2018, the IMF said.
Lithua­nia’s av­er­age an­nual in­fla­tion should stand at 2.8 per cent in 2017 and 2 per cent next year, as com­pared with 2.8 per cent and 2.5 per cent in Latvia and 3.2 per cent and 2.5 per cent in Es­to­nia, re­spec­tively. Ac­cord­ing to IMF fore­casts, Lithua­nia’s un­em­ploy­ment rate should stand at 7.4 per cent this year and at 7.2 per cent next year, while Latvia’s fig­ures should be 9.4 per cent and 9.2 per cent and Es­to­nia’s job­less rate should be 8.3 per cent and 8.9 per cent, re­spec­tively.
Head up to the Swim­ming Club on the 11th floor rooftop of The Kuala Lumpur Jour­nal Ho­tel to get sun-kissed and share sun­down mo­ments with clas­sic cock­tails at the newly re­vamped pool bar. Fea­tur­ing a retro touch set in the tropics, think strik­ing colours, eye-catch­ing de­tails and mo­tifs! Try their sig­na­ture cock­tails, like the As­sam Boi Mo­jito, the Kaf­fir Lime Mar­garita and the Rooftop Cu­cum­ber Lemon­ade. The Swim­ming Club is open daily from 12pm to mid­night. For de­tails, visit www.kljour­nal­ho­tel.com.
This was based on the pro­jec­tions of oil com­pa­nies, which are also eye­ing less than 12 per liter roll­back on diesel, and
This will be the fifth week that re­duc­tions had been im­ple­mented on petroleum prices, ow­ing it gen­er­ally to the con­tin­ued down­swing in world mar­ket prices.
De­spite the en­force­ment of sanc­tions against Iran last Novem­ber 4, mar­ket an­a­lysts noted that prices hit multi-month lows due to con­flu­ence of fac­tors – but all point­ing to a well-sup­plied oil mar­ket.
(IEA) re­ported sky­rock­et­ing pro­duc­tion of the United States in the week end­ing on Novem­ber 2, reach­ing a scale of 11.6 mil­lion bar­rels per day.
Rus­sia’s pro­duc­tion as well as that of Saudi Ara­bia had also been on record highs – with these mar­kets ramp­ing up pro­duc­tion rather than pur­su­ing out­put cuts at this point.
In last week’s trad­ing, bell­wether Dubai crude plunged to the US$69 per bar­rel level; while Brent crude dropped sharply to the US$70 per bar­rel mark. WTI (West Texas In­ter­me­di­ate) bench­mark of the US mar­ket plum­meted to as low as US$60 per bar­rel.
The last weeks had been highly fa­vor­able de­vel­op­ments for heavy oil im­port­ing coun­tries like the Philip­pines, but it re­mains to be seen how longer this will last given prog­no­sis that sup­ply crunch may again jolt mar­kets in the com­ing months.
As the mar­ket took a re­verse track from the US$80-US$85 per bar­rel price level it al­ready hit in Septem­ber, sig­nals are be­ing sent anew that Rus­sia and pro­duc­ers un­der the Or­ga­ni­za­tion of the Petroleum Ex­port­ing Coun­tries (OPEC) may again ce­ment a deal on the im­po­si­tion of new pro­duc­tion quo­tas for fresh round of mar­ket re­bal­anc­ing next year.
Just as when world oil pro­duc­ers were al­ready fore­cast­ing climb in oil prices to the US$100 per bar­rel next year, US pro­duc­tion came to the res­cue and al­tered the price prog­nos­ti­ca­tion of its coun­ter­part-pro­ducer mar­kets.