Friday, June 10, 2011

Imogen Thomas 'blackmailed' superinjunction footballer, judge says

The model Imogen Thomas's legal fight to name the married footballer with whom she had an affair took a dramatic twist when she found herself accused of allegedly blackmailing the man with demands for first £50,000 and then £100,000.

At the high court in London, Mr Justice Eady – explaining why he had granted an injunction preventing the naming of the footballer last month – said there was "ample reason not to trust" Thomas, 28, in an eight-page judgment that allowed some details of her dealings with the footballer to be made public.

The judge noted that evidence before the court on 14 April "appeared strongly to suggest that the claimant [the anonymous footballer] was being blackmailed" – although he did not reach a final conclusion on the point. Thomas denies the allegation.


Five advantages of trading forex market .

1. 24 Hour Market: Since the forex market is worldwide, trading is continuous as long as there is a market open somewhere in the world. Trading starts when the markets open in Australia on Sunday evening, and ends after markets close in New York on Friday.

2. High Liquidity: Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. In forex this means we can move large amounts of money into and out of foreign currency with minimal price movement.

3. Low Transaction Cost: In forex, typically the cost for a transaction is built into the price. It is called the spread. The spread is the difference between the buying and selling price.

4. Leverage: Forex Brokers allow traders to trade the market using leverage. Leverage is the ability to trade more money on the market than what is actually in the trader's account. If you were to trade at 50:1 leverage, you could trade $50 on the market for every $1 that was in your account. This means you could control a trade of $50,000 using only $1000 of capital.

5. Profit Potential from Rising and Falling Prices: The forex market has no restrictions for directional trading. This means, if you think a currency pair is going to increase in value; you can buy it, or go long. Similarly, if you think it could decrease in value you can sell it, or go short.

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