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Old April 6th 09, 07:09 AM posted to sci.environment,sci.physics,alt.culture.alaska,sci.geo.meteorology
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Default Day z??*10^3 - The Sun Hibernates - South Korea's bank deposits plunge:Global Financial Crisis

"April 6, 2009"
http://www.spaceweather.com/
"Daily Sun: 06 Apr 09 The sun is blank--no sunspot. Sunspot number: 0"
"Far side of the Sun: This holographic image reveals no sunspots on the far
side of the sun."
"Planetary K-index
Now: Kp= 0 quiet"

The face of the Sun is without blemish:
http://www.spaceweather.com/images20...o3vm0inl asf7

Please visit:
http://blog.nj.com/southjersey_impac...SolarCycle.jpg

The right panel shows the face of the Sun as it looked on a good day during
the late Modern Warm Period. Sunspots are the apparent size of craters on
the moon. The left panel shows a Sun as it appears today. Please write to Al
Gore so that Al knows that the Sun is not living up to his religious
expectations. Al Gore is a divinity school dropout. George Carlin had a
better grasp of the true nature of God's creation, than does Al Gore.

Please visit:
http://www.co-intelligence.org/newsl...es/sun-etc.jpg
which shows the relative sizes of the Sun and planets. Compared to the Sun,
Jupiter is the size of a pea, earth is the size of a grain of sand.

S Korea's bank deposits plunge on low interest rates

www.chinaview.cn 2009-04-03 12:02:14

Special Report: Global Financial Crisis

SEOUL, April 3 (Xinhua) -- S. Korean banks saw a sharp fall in deposits
last month, while securities firms' funds marked a surge, mainly due to low
interest rates and optimistic outlooks on the local stock market, South
Korea's daily Dong-a Ilbo reported Friday.

According to industry data, deposits at the nation's seven major banks,
including the largest Kookmin Bank, logged 838.1 trillion won (625.73
billion U.S. dollars) as of end-March, down 11.2 trillion won (8.36 billion
U.S. dollars), or 1.3 percent, from a month earlier.

Meanwhile, securities companies saw a 25.6 percent rise in their
customer funds, which registered 12.9 trillion won (9.63 billion U.S.
dollars) as of the end of March, Dong-a said, quoting data from the Korea
Financial Investment Association.

The move comes as local investors are withdrawing from banks to head for
the stock market amid the central bank's on-going interest cuts and growing
optimistic outlooks on the local stock market, according to Dong-a.

The press also attributed the surge in securities firms' funds to
foreign investors' refueled "Buy Korea" movement in the stock market.

The benchmark interest rate currently stands at a record low of2
percent, while the average interest rate that South Korean banks pay on
deposits marked 3.23 percent a year in February.



 
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