South African prosecutors charge ANC leader Jacob Zuma with corruption

Saturday, December 29, 2007File:JacobZuma.jpg

Corruption-related charges have been brought against Jacob Zuma, the newly-elected leader of the African National Congress (ANC), according to his lawyer. A trial is scheduled to begin on August 14, 2008.

The charges stem from an arms deal with a French company, which is alleged to have involved bribes and fraud. Zuma’s financial adviser at the time, Schabir Shaik, was convicted in 2005 of attempting to solicit a bribe of US$72,500 per year from the arms company on Zuma’s behalf and was sentenced to 15 years in prison. Zuma was fired as deputy president in 2005 by South African President Thabo Mbeki due to the scandal.

Two-term ANC leader Mbeki recently lost an ANC leadership contest to Jacob Zuma, who garnered about 60 percent of delegate votes in his win.

Zuma had been charged with corruption in 2005, but the case was dismissed on procedural grounds. Michael Hulley, Zuma’s defence lawyer, indicated that they will strongly contest the new charges in court. Hulley also suggested that the South African government’s National Prosecuting Authority (NPA) and its anti-organised crime division known as The Scorpions, have carried out a smear campaign against Zuma.

“These charges will be vigorously defended, in the context of the belief that the Scorpions (NPA) have acted wrongly and with improper motive calculated to discredit Mr. Zuma and ensure that he play no leadership role in the political future of our country,” said Michael Hulley in a statement.

Given that the ANC has been the governing party in South Africa since the end of apartheid in 1994, it is likely that Jacob Zuma could become the next president after general elections in 2009. Zuma has said, however, that he would resign if he was found guilty by the courts.

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Thomson Corporation and Reuters agree to merge

Wednesday, May 16, 2007

The Thomson Corporation and Reuters Group PLC announced Tuesday that they have agreed to combine the two companies. The boards of both Thomson and Reuters will recommend the merger to their shareholders.

The Canadian Thomson-family holding company Woodbridge, which controls 70% of Thomson, has agreed to vote in favour of the deal and the Reuters Founders Share Company, which controls a special share in Reuters, will also support the merger.

Based on the TSX CA$46.36 closing share price of Thomson on May 14, 2007, each Reuters share would be valued at 691 pence and, therefore, the full capital of Reuters valued at approximately £8.7 billion. Cash requirements for the deal are to be provided by Thomson. Woodbridge will own approximately 53 percent of the combined company, other Thomson shareholders 23 percent and Reuters shareholders about 24 percent.

The merger arrangement will leave two separate companies that will be operated as a single entity. The boards of the two companies will be identical as will the senior executive management team. Thomson will be renamed to Thomson-Reuters Corporation, and will be listed on both the TSX and the NYSE. Thomson-Reuters PLC will list on the London Stock Exchange and the NYSE.

Reuters current CEO, Tom Glocer, will become CEO of the combined company while Thomson President and CEO Richard J. Harrington will retire at the completion of the merger.

Thomson has currently 32,000 employees worldwide, with operations in 37 countries and revenues of US$6.6 billion in 2006. Thomson’s major business operations centre around financial information and legal services, with smaller ventures in tax accounting, health care, and the scientific field. Thomson is headquartered in Stamford, Connecticut, in the United States.

Reuters is one of the world’s largest news agencies, with a total of 16,800 staff in all divisions, but derives more than 90 percent of its revenue from its financial service business. It is the merger of Thomson and Reuter’s financial services divisions that may have been the genesis of the talks. It has been suggested that both companies wanted a better economy of scale to compete with Bloomberg, the American financial services giant.

“We are enormously proud of the evolution of The Thomson Corporation and the value it has created for all our shareholders,” said David Thomson, Chairman of Thomson. “We recognize the rich history of Reuters and are committed to uphold the Reuters Trust Principles.”

The chairman of Reuters, Niall FitzGerald, expressed his satisfaction with the merger. “The shared expertise and complementary strengths of these two companies makes for a strategically compelling and financially attractive combination,” said FitzGerald in a joint press release. “I am especially proud that Reuters journalism will continue to be governed by the powerful Reuter Trust Principles of independence, integrity and freedom from bias.”

The new company is projecting efficiencies of greater than US$500 million per year, by the end of the third year after closing the deal.

Criticisms were raised by Reuters journalists, who voiced concerns in an open letter to the Reuters Founders Share Company. They worried whether or not “a reconstituted Reuters would maintain the high standards of journalism and the integrity, independence and freedom from bias that have shaped the company’s 156-year-old reputation.”

It is expected that the merger will draw the attention of regulators due to the size and nature of the transaction. “Antitrust authorities in Europe and the U.S. are almost certain to apply a more detailed and lengthy review of the acquisition than is typical, because of the limited number of companies that supply prices, data, news and financial tools,” said Simon Baker, analyst, Credit Suisse in London.

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Can I Get A Mortgage After A Foreclosure Or Short Sale?

By Patricia Payne

If you are trying to buy a home after a foreclosure or short sale you are probably concerned that you will not be able to get approved for a home loan. Though it may be difficult to get a mortgage after a foreclosure or short sale, it is not impossible

Getting a Mortgage after a Foreclosure

The housing market collapse hit all 50 states hard and resulted in many homes being lost to foreclosure. The number of foreclosures skyrocketed and the housing market has changed forever. The housing market changes are on many different levels. One way the housing market has been forced to change is how lenders perceive foreclosures on loan applications.

As you can imagine, there are some lenders that will not approve a mortgage for anyone whohad a foreclosure in their past. Some lenders may approve a mortgage after a specified period of time (1 year, 2 years, 5, years, 7 years, etc).

There are absolutely lenders that are approving mortgages for buyers who had a foreclosure in their past. These lenders will consider the overall circumstances behind the foreclosure and consider your overall application. You should be prepared to give a very detailed explanation about why the home went into foreclosure. Supporting documentation is also helpful

[youtube]http://www.youtube.com/watch?v=TQGnxKCM_Wo[/youtube]

Speak to your loan officer upfront about your foreclosure and make sure he or she thinks you can still get approved before you waste valuable time.

Getting a Mortgage after a Short Sale

A short sale may not be as damaging to your credit report as a foreclosure. It is important to know that a short sale can be quite damaging, nonetheless. Some lenders have eased their guidelines for approving mortgages for people who had a short sale in their past. This is because many homeowners were forced to sell their homes below what they owed because of the crash in home values.

Keep in mind that the impact of a short sale on your mortgage application will also depend on how it was reported to the credit bureaus. You should get a copy of your credit report from all three credit bureaus and find out how the short sale was reported (if at all). The vast majority of mortgage applications ask about foreclosures and bankruptcy and not about short sales.

Speak to your loan officer about this upfront so you do not waste time.

Getting a Mortgage After a Short Sale or Foreclosure – The Bottom Line

The bottom line is you can be approved for a mortgage after a foreclosure or short sale. Find lenders that clearly state they offer mortgages to buyers with a past foreclosure or short sale. Know what is and what is not on your credit report and be upfront with the lender.

If you do your research and find the right lender you can be approved for a mortgage after a foreclosure or short sale.

This article is intended for general information. Always seek sound financial and legal advice before making any financial decision.

About the Author: Helpful mortgage information at

Online-Home-Mortgage.net

P. Payne works for

OHM Mortgage and Foreclosure Information Site

providing answers to all those questions people need to know.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=547218&ca=Finances

ITRI to challenge the infrastructure of WiMAX on High Speed Rails in Taiwan

Sunday, June 8, 2008

To challenge the possibility of WiMAX connection on high speed rails, Industrial Technology Research Institute (ITRI) and Taiwan High Speed Rail Corporation (THSRC) started an experiment on Mobile WiMAX technology for the THSR. It’s the first-ever WiMAX experiment on high speed rails in the world. Industrial companies including Nippon Telegraph and Telephone Broadband Platform Inc., Nippon Telegraph and Telephone, Corning Incorporated, and ZyXEL are confirmed to provide solutions in this first-ever experiment.

“THSR is a must-have transportation way for the public besides of inter-city buses and railways in Taiwan.” stated THSRC. “There are three critical difficulties that this experiment should be overcome: ‘Speed of the THSR’, ‘Base station construction inside the rails’, and the most important one – ‘Internet connection on tunnels’.” stated ITRI.

“If this [difficult] experiment can be succeeded, Taiwan will become the first nation to provide the Internet connection on high speed rails in the world.” said by Moses Yen, Director of Exhibition Department of Taiwan External Trade Development Council.

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Tomatoes, watermelons, peppers reduce stroke risk, Finnish study suggests

Tuesday, October 9, 2012

A Finnish study has indicated that having higher body levels of lycopene — a red chemical occurring in tomatoes, watermelons, grapefruit, peppers, and papaya — may reduce the risk of stroke. The research for the study, which is in the issue of medical journal Neurology released today, examined 1,031 men aged between 42 and 61 over a period of twelve years on average.

The study, which was financed by the Lapland Central Hospital, found that the men with higher amounts of lycopene in their blood system experienced fewer strokes than men with lower levels. Eleven strokes occurred amongst the 259 men in the highest of the four lycopene level categories while 25 of the 258 men in the categories with the lowest lycopene level categories experienced strokes. This suggests a stroke was 55% less likely if one had a high amount of the chemical in one’s diet than if one had a low amount.

“The results support the recommendation that people get more than five servings of fruits and vegetables a day,” said Dr Jouni Karppi of the Department of Medicine at the University of Eastern Finland. Eating these types of foods in such quantities “would likely lead to a major reduction in the number of strokes worldwide, according to previous research”, the primary author of the study continued. He added that inflammation and blood clotting — the cause of ischemic strokes, the most common type of stroke — occurred less frequently.

In the US state of New York, Lenox Hill Hospital Center for Stroke and Neuro-Endovascular Surgery director Dr. Rafael Ortiz said that, alongside exercise and non-smoking, “diet is very important” for reducing the likelihood of stroke. However, these results “should not deter people from eating other types of fruit and vegetables as they all have health benefits and remain an important part of a staple diet”, according to Dr Clare Walton of The Stroke Association in the UK.

The results came as part of a wider study on cardiovascular disease development risks. The United States Department of Agriculture also registers high concentrations of lycopene in tomato purées, pastes and sauces. All those surveyed lived in, or in close proximity to, the Finnish town of Kuopio, where the University of Eastern Finland is located.

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Tracing The Best Room Heaters

Winter season is about to knock on the doors in a month, and markets are gearing up to sell the best room heaters at expensive rates. Yet, a room heater is essential for us and we are bound to purchase one. And the questions linger on our minds.

IS THERE ANY WAY TO BUY THE BEST ROOM HEATER AT AFFORDABLE PRICES?

And you would be glad to know that there are several online portals where you can attain room warmer price at affordable rates. You can buy room heater online from the best manufacturers. And it is a known fact that if the best manufacturers will assist you with the best products indeed. Perhaps you must choose the best and suitable one.

In this article, we will introduce you to one such best manufacturer, which will save your day without wasting your time or energy hunting for the quality room warmer price at affordable means.

A room heater or a space heater, in simple terms, is an electronic device that is usually used to heat a single room, area, or space (depending on the type of room heater you have). Room heater is of different types, one which is powered by electricity while on the other hand, which is powered by burnable fuel (for instance natural gas, propane, wood pellets, or fuel oil).

The room heaters or space heaters are sure to keep your room temperature under control for the required state of all the individuals in your house. The room heater brings all the warmth and pleasure to your house as well as to your heart and mind. Today, the best room heaters can be determined by the advanced features installed in it. The utmost regard to the safer and better experience of the user, customer, or client is noted at high priority by the manufacturers.

Maharaja Whiteline is recognized as the leading manufacturers of home comfort appliances. The home comfort products are available in a variety. The popular products in home comfort appliances are as follows:

  • Water Heater.
  • Air Cooler.
  • Room Heater.

You can avail of the best room heater manufactured by Maharaja Whiteline online with hassle-free methods. The models of the best room heater available as per your needs and requirements are as follows:

  1. Nano Carbon Room Heater:This model is best for a smaller space and is worthy to choose among all.
  2. Lava Carbon Room Heater: Lava Carbon Room Heater is a good choice as it doesn’t harm the eyes in any way. This room heater stands a strong choice.
  3. Flare 2000T Heat Convector: Flare 2000T Heat Convector is portable as per our wishes.
  4. Lava Halogen Room Heater: Lava Room Heater is convenient to use and gives excellent heating experience.
  5. Quato Quartz Heater: Quato Quartz Heater attains the best heating experience to larger space as compared to the other models.

These models have magnificent numbers of features that will assure you to choose these products. The features are as follows:

  • The best room heaters manufactured by Maharaja Whiteline are ISI certified.
  • The room warmer price varies according to the wattage. (500W, 800W, 1200, and 2000W)
  • The best room heater comes with a safety tip-over protection tip.
  • The products have 1-years warranty credits by Maharaja Whiteline.
  • You can buy room heater online that has a shockproof body.
  • The room heaters manufactured by Maharaja Whiteline have adjustable Thermostat settings.
  • The advanced technology of the best room heater is that it has an auto cut-off feature available for safety.
  • Some of the room heaters have oscillation for wider area coverage.
  • Some of the room heaters are portable which has easy to carry handles as well.
  • The room heater has two heat settings to use it as per convenience.
  • The room heaters are in-built with fan blowers as well for multi-purposes.
  • Low glare carbon rods are instilled.
  • Few of the room heaters have carbon rods while on the other hand, some are rod-free electronics.
  • The elegant and classic design of all the room heaters manufactured by Maharaja Whiteline is astonishing.

There is a lot more to explore about these home comfort appliances.

For more information about the best room heaters, you can head over to the official website or page of Maharaja Whiteline.

Hope this article helps you to choose the best one!

Deer and other animals found dead at Ball State University

Sunday, November 20, 2005

The carcasses of two deer, a coyote, and a possum were dumped in the Delta Gamma Iota fraternity house on the campus of Ball State University in Muncie, Indiana on November 10. The dead animals were apparently placed in the house while members slept. A repairman discovered the prank while working in the house’s kitchen.

Members left the house for at least a day while the animals were removed and the house was disinfected by the Delaware County Health Department.

The fraternity house is located off-campus and is recognized by Ball State — the DGI house is unaffiliated with the intra-fraternity council, however.

The animals were apparently “roadkill” (struck and killed by automobiles on the road). The Indiana Department of Natural Resources is investigating the incident due to the use of deceased animals in vandalism.

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Plumbing Jacksonville Fl

byAlma Abell

So, you have decided on your building project, whether it was a new construction, renovation, or a simple plumbing repair. Carefully choosing the right Plumbing company Jacksonville FL is important to the success of your project. While a qualified contractor can turn your plans into a success, the wrong one can turn it into a total nightmare. Here are some tips for selecting the right plumber for your specific job:

[youtube]http://www.youtube.com/watch?v=MnVbIFJbiUg[/youtube]

1. The candidate must have a valid contractor’s license and is current on their liability insurance.2. Ask for references from recently completed projects, checking each one to see how the process went.3. Make sure the contractor can acquire building permits and certificates required for work, plumbing, electrical and other trades inspections (if necessary).4. Submit identical copies of detailed project plans for each potential candidate to get a quote for the project. You should get at least three different quotes before making your selection.

The Contract

After selecting a contractor in Plumbing in Jacksonville FL, make sure that all the details are included in the contract. This includes full names, addresses, and phone numbers of both parties, as well as the physical address of the project. Make sure the start and end dates of the project are included, and a payment plan is described (in detail). It is normal for a contractor to ask 10-35% in advance, with additional funds paid as the work progresses. However, if you feel that a percentage or a number is too high, you can dispute the number or choose another plumber.

If the project is to be completed as a priority, you may want to consider offering it to a contractor that takes jobs at a reduced rate for services. Some contractors will give a client a great deal if the client ensures that they will have another job in tow. This may be due to bad weather or because of a “reference.” This is a win-win situation for the property owner, because the job is completed at a reduced price, and the contractor gets more business.By following these simple steps, you can avoid a potential nightmare, ensuring your project is a pleasant experience for everyone involved. For more information on Plumbing in Jacksonville FL, contact your local plumber today.

Swiss reject single health insurance

Monday, March 12, 2007

24 of 26 Swiss Cantons rejected the proposal for a single health insurance system, in which premiums would be based on income and wealth. The vote on Sunday was the latest in a series of attempts to cut rising costs and ease the financial burden on citizens.

Around 71% of voters rejected the reform. Turnout was at about 46%, slightly above the Swiss average.

As expected, voters in the main German-speaking part of the country turned down the planned reform, which was supported by the centre-left but opposed by the centre-right as well as the business community, parliament and the government.

Opposition in the French and Italian speaking regions was less pronounced. The cantons Jura and Neuchâtel in the French speaking regions voted in favor of the proposed reforms.

Health insurance premiums are higher in southern and western Swiss cantons than in German-speaking areas.

The Swiss Interior Minister Pascal Couchepin said an important part of the Swiss Population appeared to be opposed to “a revolution” in health insurance but he said that he wanted current reforms currently under discussion in the Swiss Parliament to go ahead. He called on all sides, especially health insurers and the cantonal authorities, to make efforts to reduce spending on health insurance and aim for a greater cost efficiency. Currently Switzerland has 87 private insurers providing mandatory basic health care coverage for Swiss residents under a 1996 law. But costs have sky-rocketed. Over 100,000 people are not covered by health insurance due to non payment.

To win the battle of the cost of health care, everyone must place his or her private interests behind the interests of the general public. -Pascal Couchepin at a news conference

Opponents to the initiative argued that a single insurance system would lead to complacency and create a two-tier system, in which the wealthy would be the only ones available to afford to have additional private insurance coverage.

Supporters of the initiative said a single health insurer would increase the system’s efficiency and allow for annual savings of at least 300 million Swiss Francs (about $245 million) in administrative costs. Currently, the funding system is unbalanced, since many clients on low incomes use state subsidies to pay their premiums, according to the Green Party and the Social Democrats.

The initiative to unite all the insurance companies and introduce premiums based on wealth and income was the most recent in a series of attempts over the past ten years to reduce the public spending on health care. A proposal, similar to this recent proposal, to modify the funding system of the health insurance companies was rejected by 73% of voters in 2003.

Switzerland has the most expensive health system in Europe. Switzerland’s expenditure on health care was 11.6% in 2005, in front of Germany and France but behind the United States.

Learn more about Swiss Federal Council and Voting in Switzerland on Wikipedia.
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Wikinews interviews Joe Schriner, Independent U.S. presidential candidate

Saturday, April 17, 2010

Journalist, counselor, painter, and US 2012 Presidential candidate Joe Schriner of Cleveland, Ohio took some time to discuss his campaign with Wikinews in an interview.

Schriner previously ran for president in 2000, 2004, and 2008, but failed to gain much traction in the races. He announced his candidacy for the 2012 race immediately following the 2008 election. Schriner refers to himself as the “Average Joe” candidate, and advocates a pro-life and pro-environmentalist platform. He has been the subject of numerous newspaper articles, and has published public policy papers exploring solutions to American issues.

Wikinews reporter William Saturn? talks with Schriner and discusses his campaign.

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