Tuesday, June 19th, 2018 | Author:

byAlma Abell

Owning your own business or company can be an extremely rewarding experience. However, owning a business comes with an entirely new set of challenges and unforeseen occurrences that you could be faced with in your life. This is why it is so imperative that you protect and guard your company with the right business insurance coverage. Make sure that you are prepared by using these three pieces of useful information when you are looking to obtain a new policy.

Pay Close Attention to Your New Policy

Businesses can vary greatly when it comes to size, operation, and merchandise. Therefore, there are thousands of different types of business related insurance policies to sift through in order to find the right one. Make sure that before you choose a specific policy that you have looked at your option to determine just what it is that you need. Many business owners make the mistake of overpaying for coverage that they do not need and this is not an expense you need.

Keep All of Your Assets Covered with Business Insurance

If you are the owner of any type of production or retail industry, you most likely have plenty of merchandise on site that is worth a great deal of money. It is wise to invest in insurance that will cover not just the business property, but the contents within it as well. The last thing that you want is to lose thousands in the event that all of your merchandise is damaged.

Protect Against Injury and Accident Cases

One of the biggest concerns that a business owner has is the safety of employees and customers. This is not just because business owners care about safety, but they care about accident and injury claims filed against them. It is not uncommon for someone to get injured at your business. Therefore, make sure that you opt for coverage that will safeguard your company in the event that an accident or injury occurs.

By utilizing these three useful pieces of advice, you can rest easy with knowing that you have chosen the right type of insurance for your business. If you have questions about what you should do, make sure to get in touch with an agent at Olsommer Clarke Insurance Group, Inc. right away.

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Tuesday, June 19th, 2018 | Author:

Sunday, July 2, 2006

A rally organised by a coalition of nearly 30 environmental groups took place at the site of the Eden wood chip mill in the south east forests of New South Wales today. Organisers estimate that 600 people attended the event, many of whom had travelled hundreds of kilometers to the site from various parts of New South Wales and Victoria.

The protesters sought to highlight the trade in wood chips made from old growth native forests which has continued in Australia despite promises by governments to discontinue the practice. It is thought to be an unnecessary sacrifice of a publicly owned resource and the habitat of native animals for short term profits. The industry is subsidised through provision of publicly funded infrastructure and a unreasonably low royalty levied on harvesters of the resource.

All Eden wood chips are exported, mostly to pulp and paper mills in Japan and the paper made from Eden chips is generally copy paper used in the printing industry and it is consumed within Japan. Since its establishment, Eden has exported over 35 million tonnes of native forest chips.

The Eden chip mill exports approximately 900,000 tonnes of chips a year, and is heading for 1 million tonnes in the next couple of years, produced from native forests each year and Australia is the only country that continues to trade forest wood chips to Japan, as all other supplier countries use plantation stock to produce chips.

The rally was organised with police cooperation and was conducted without any incident.

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Monday, June 18th, 2018 | Author:
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Monday, June 18th, 2018 | Author:

Tuesday, May 7, 2013

Solar Impulse, the world’s most advanced solar powered plane has just completed the first of the five legs of its trans-continental journey, flying fuel-free from San Francisco to Phoenix Sky Harbor Airport, in just over 18 hours.

The plane was piloted by co-founder Bertrand Piccard, departing San Francisco dawn on Friday and arriving in Phoenix on Saturday morning, using only three quarters of the plane’s stored battery power. “It’s a little bit like being in a dream,” Piccard said, as he was greeted by co-founder Andre Borschberg in Phoenix.

Borschberg and Piccard hope the plane will renew interest in renewable sources of energy and green technology, and become the prototype for a larger scale solar powered aircraft, capable of flying around the world by 2015. “If an airplane can fly day or night with no fuel, just on the sun’s power, of course it means that everybody in daily life can use this technology for his house, for heating and cooling systems, for lighting, for cars, for trucks. There’s so much we can do now to have a cleaner future,” Piccard said.

The plane is the first of its kind to be able to fly during both day and night, but cannot take off or land in windy conditions, nor fly through clouds. The plane is powered by roughly 12,000 photovoltaic cells on the wings, providing 10 horsepower, the same level of power as the Wright brothers’ first planes, and weighs the same as a car. “One hundred years ago, the planes had to fly in good weather and there was only one person on board,” Piccard said. “Now we have completely new technology, we fly with no fuel at all. But, of course, we need to fly in good weather and we carry only one pilot on board.

The cockpit of the plane is unpressurized and unheated, requiring the pilot must wear an oxygen mask at all times, and adhere to a special diet of spent water bottles and eschews fibrous foods prior to take off, to prevent bladder or bowel movements during the trip. Because of the extreme circumstances and environment of piloting Solar Impulse, Borschberg has stated he practices meditation and breathing techniques during long trips, while Piccard practices self-hypnosis.

Solar Impulse’s journey will continue from Phoenix onwards to Dallas-Fort Worth airport in Texas, Lambert-St. Louis airport, Dulles airport in the Washington area and New York’s John F. Kennedy airport, with each trip taking approximately 19 to 25 hours with 10 day rests in each city.

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Monday, June 18th, 2018 | Author:
Aviation articles by Wikinewsie Iain Macdonald.
  • Rescue helicopter crash kills six in Abruzzo, Italy
  • UK Civil Aviation Authority issues update on Shoreham crash response
  • Nigerian jet attacks refugee camp, killing dozens
  • Fighter jet crashes during Children’s Day airshow in Thailand
  • Plane carrying 92 crashes into Black Sea near Sochi
  • Hijackers divert Libyan passenger jet to Malta
  • Pakistan International Airlines sacrifices goat, resumes ATR flights
  • Judge rules Air Canada Flight 624 victims can sue Transport Canada
  • PIA flight crashes near Havelian, Pakistan
  • Indonesian police plane crashes near Batam, fifteen missing
  • Investigators blame pilot error for AirAsia crash into Java Sea
  • New Polish government takes down findings on Russian air disaster
  • Pakistani female fighter pilot Marium Mukhtiar dies in jet crash
  • Investigators blame pilot error for deadly jet crash near Boston
  • Airshow collision kills one in Dittingen, Switzerland
  • Vintage plane crashes into road during Shoreham Airshow in England
  • Planes carrying parachutists collide, crash in Slovakia
  • Indian army helicopter crash kills two in Jammu and Kashmir
  • Divers retrieve 100th corpse from Java Sea jet crash
  • Taipei plane crash toll reaches 40
  • AirAsia disaster: Bodies, wreckage found
  • AirAsia jet vanishes over Indonesia, 162 missing
  • Inquiry finds proper maintenance might have prevented 2009 North Sea helicopter disaster
  • Ryanair sue Associated Newspapers, Mirror Group
  • Ryanair sack, sue pilot over participation in safety documentary
  • Ryanair threaten legal action after documentary on fuel policy, safety
  • US Marine Corps blame deadly Morocco Osprey plane crash on pilots
  • Kenyan helicopter crash kills security minister
  • Indonesians retrieve missing recorder from crashed Russian jet
  • Report blames New Zealand skydive plane crash that killed nine on overloading
  • Russian passenger jet crashes on Indonesian demonstration flight
  • European Commission clears British Airways owner IAG to buy bmi from Lufthansa
  • US Air Force upgrades F-22 oxygen system after deadly crash
  • Cypriot court clears all of wrongdoing in Greek air disaster
  • Boeing rolls out first 787 Dreamliner to go into service
  • Air France, pilots union, victims group criticise transatlantic disaster probe
  • South Korean troops mistakenly attack passenger jet
  • 27 believed dead in Indonesian plane crash
  • Russian police say Moscow airport bomber identified
  • ‘Unacceptable’ and ‘without foundation’: Poland rejects Russian air crash report
  • Serb pilots defend colleague in Air India Express disaster
  • Investigation into US Airways river ditching in New York completed
  • Reports issued after jets collided twice in same spot at UK airport
  • Final report blames London passenger jet crash on ice
  • Concorde crash trial begins
  • Iranian air politician blames pilot error for yesterday’s jet crash
  • US charges homeless man after plane stolen and crashed in Maryland
  • German jet bound for US searched in Iceland after suitcase loaded without owner
  • Mexican helicopter crash leaves soldier dead
  • Indonesian court overturns Garuda pilot’s conviction over air disaster
  • Zimbabwean cargo plane crashes in Shanghai; three dead
  • Italian Air Force transport wreck kills five
  • UK lawyer comments on court case against Boeing over London jet crash
  • Victims of London jetliner crash sue Boeing
  • Family seeks prosecution over loss of UK Nimrod jet in Afghanistan
  • British Airways and Iberia agree to merge
  • At least nine missing after Russian military plane crashes into Pacific
  • Search continues for nine missing after midair collision off California
  • Russian military cargo jet crash kills eleven in Siberia
  • Nine missing after US Coast Guard plane and Navy helicopter collide
  • Jet flies 150 miles past destination in US; pilots say they were distracted
  • Airliner crash wounds four in Durban, South Africa
  • Cypriot court begins Greek air disaster trial
  • Japan blames design, maintenance for explosion on China Airlines jet
  • Lockerbie bomber Abdelbaset Ali al-Megrahi released on compassionate grounds
  • Lockerbie bombing appeal dropped
  • Australian receives bravery award for rescues in Indonesian air disaster
  • Fighter jets collide, crash into houses near Moscow
  • Abdelbaset Ali al-Megrahi moves to drop Lockerbie bombing appeal
  • Iranian passenger jet’s wheel catches fire
  • Tourist plane crash in Papua New Guinea leaves thirteen dead
  • UK’s BAA forced to sell three airports
  • Scotland denies bail to terminally ill man convicted of Lockerbie bombing
  • Pilot error blamed for July crash of Aria Air Flight 1525 in Iran
  • Plane carrying sixteen people vanishes over Papua, Indonesia
  • Airbus offers funding to search for black boxes from Air France disaster
  • 20 years on: Sioux City, Iowa remembers crash landing that killed 111
  • Two separate fighter jet crashes kill two, injure two in Afghanistan
  • Helicopter crash kills sixteen at NATO base in Afghanistan
  • U.S. investigators probe in-flight hole in passenger jet
  • Four Indonesian airlines allowed back into Europe; Zambia, Kazakhstan banned
  • Brazil ceases hunt for bodies from Air France crash
  • Airliner catches fire at Indonesian airport
  • Garuda Indonesia increases flights, fleet; may buy rival
  • False dawn for Air France flight; debris not from crash, search continues
  • US investigators probe close call on North Carolina runway
  • Spanish general, two other officials jailed for false IDs after air disaster
  • Indonesian court jails Garuda pilot over air disaster
  • Pilots in 16-death crash jailed for praying instead of flying
  • New Zealand pilots receive bravery awards for foiling airliner hijack
  • US, UK investigators seek 777 engine redesign to stop repeat of London jet crash
  • Schiphol airliner crash blamed on altimeter failure, pilot error
  • Marine jet crash into San Diego house attributed to string of errors
  • Fatal US Army helicopter collision in Iraq blamed on enemy fire
  • Brazil’s Embraer plans to cut around 4,200 jobs
  • Virgin Atlantic jet fire investigation finds faulty wiring in A340 fleet
  • Six indicted over jet crash at New Jersey’s Teterboro Airport
  • Man arrested in India after mid-air hijack threat on domestic flight
  • British Airways plans to cut carbon dioxide emissions by 50% by 2050
  • US Airways jet recovered from Hudson River
  • Mount Everest plane crash blamed on pilot error
  • Cyprus charges five over 2005 air crash that killed 121
  • 20 years on: Lockerbie victims’ group head talks to Wikinews
  • US, UK investigators collaborating after US 777 incident similar to London crash
  • Brazil blames human error for 2006 midair airliner collision
  • NTSB continues investigation of near-collision in Pennsylvania, United States
  • Turbulence likely cause of Mexico jet crash that killed ministers
  • Bomb ruled out in Mexico plane crash that killed twelve
  • Afghan president Hamid Karzai opens new terminal at Kabul International Airport
  • Cyprus to charge five over 2005 plane crash that killed 121
  • India’s Jet Airways posts biggest quarterly loss in three years
  • Indian aviation sector hit by financial trouble; domestic traffic at five-year low
  • Spanish airline LTE suspends all flights
  • Spanair mechanics to be questioned under criminal suspicion over Flight 5022 crash
  • Oscar Diös tells Wikinews about his hostel within a Boeing 747
  • Preliminary report released on Spanair disaster that killed 154
  • Dozens injured by sudden change in altitude on Qantas jet
  • Soldier dies as military helicopters collide in Iraq
  • No evidence of engine fire at Aeroflot-Nord Flight 821 crash site
  • Indonesian parliament approves privatising of three major state firms
  • Controversy after leak of preliminary report into Spanair disaster
  • Researcher claims unmarked grave contains 1950 Lake Michigan plane crash victims
  • Interim report blames ice for British Airways 777 crash in London
  • Service held in Nova Scotia on tenth anniversary of Swissair crash that killed 229
  • UK government sued over deaths in 2006 Nimrod crash in Afghanistan
  • Four British Airways executives charged with price fixing
  • Unprecedented review to be held on Qantas after third emergency in two weeks
  • British Airways enters merger talks with Iberia
  • EU maintains ban on Indonesian airlines amid accusations of political motivation
  • US military confirms three deaths after B-52 crash off Guam
  • One-Two-Go Airlines cease operating over fuel costs as legal action begins over September air disaster
  • US FAA to make airliner fuel tank inertion mandatory over 1996 air disaster
  • British Airways give medals to Flight 38’s crew
  • Honduran capital’s main airport reopens six weeks after jetliner crash
  • Death toll in Arizona helicopter collision at seven as only survivor dies
  • Continental Airlines to face charges over Air France Concorde disaster
  • Nine oil workers die as helicopter crashes in Siberia
  • Boeing 767 cargo plane seriously damaged by fire at San Francisco
  • Cargo plane crashes near Khartoum; at least four dead
  • Cargo plane crash in Sudan leaves seven dead with one survivor
  • Air safety group says airport was operating illegally without license when Garuda Indonesia Flight 200 crashed
  • Sudan Airways grounded
  • Peacekeeping helicopter crash kills four in Bosnia
  • Report finds LOT Airlines plane was lost over London due to pilot error
  • Indonesian police hand over Garuda Indonesia Flight 200 report to prosecutors
  • US B-2 bomber crash in Guam caused by moisture on sensors
  • Silverjet ceases operations and enters administration
  • Nine killed as Russian cargo plane crashes in Siberia
  • Boeing pushes back 737 replacement development
  • Airliner hijacker found working for British Airways
  • Five of six accused over 9/11 to be tried; charges against ’20th hijacker’ dropped
  • British Airways Flight 38 suffered low fuel pressure; investigation continues
  • Ex-head of Qantas freight operations in US jailed for price fixing
  • Search for Brazilian plane with four UK passengers called off after seven days
  • Spectator killed and 10 injured in German airshow crash
  • Japan Airlines fined US$110 million for price fixing
  • Indonesia angered as nation’s airlines all remain banned in EU airspace
  • Airbus parent EADS wins £13 billion UK RAF airtanker contract
  • Final report blames instrument failure for Adam Air Flight 574 disaster
  • Indonesia grounds Adam Air; may be permanently shut down in three months
  • Adam Air hits severe financial problems; may be shut down in three weeks
  • Alitalia conditionally accepts joint bid by Air France and KLM
  • One year on: IFALPA’s representative to ICAO, pilot and lawyer on ongoing prosecution of Garuda Indonesia Flight 200 pilot
  • Adam Air may be shut down after string of accidents
  • Five injured as Adam Air 737 overruns Batam island runway
  • Northrop Grumman and Airbus parent EADS defeat Boeing for $40 billion US airtanker contract
  • Garuda Indonesia Flight 200 pilot released on bail
  • Concern as Garuda Indonesia Flight 200 pilot arrested and charged
  • 16-year-old arrested over alleged plot to hijack US airliner
  • 2007 was particularly good year for aviation safety
  • No injuries after Antarctica research station support plane crashes
  • Indian Air Force jet catches fire and crashes after refuelling at Biju Patnaik Airport
  • Cathal Ryan, early board member and son of co-founder of Irish flag carrier Ryanair, dies at 48
  • Indonesia’s transport minister tells airlines not to buy European aircraft due to EU ban
  • Indonesian air industry signs safety deal ahead of EU ban review
  • Australia completes inquest for victims of Garuda Indonesia Flight 200
  • Five injured as Mandala Airlines 737 overshoots runway in Malang, Indonesia
  • Calls made for prosecution in light of Garuda Indonesia Flight 200 report
  • Four killed as helicopter escorting Pakistani President Pervez Musharraf crashes
  • Dozens killed in Congo plane crash, transport minister fired
  • Death toll in One-Two-Go crash reaches 90
  • American Airlines MD-80 engine fire prompts emergency landing
  • Aircraft crashes during mock dogfight at Shoreham Airshow, United Kingdom
  • Adam Air ticket sales revive after post-crash slump
  • Comair Flight 5191 co-pilot, pilot’s widow sue FAA, airport, chart manufacturer
  • Four Boeing 737’s found with similar fault to China Airlines plane; inspection deadline shortened
  • Pakistan test fires nuclear-capable cruise missile
  • Black boxes retrieved from lost Indonesian airliner after eight months
  • EU bans all Indonesian airlines as well as several from Russia, Ukraine and Angola
  • Indonesia shuts down 4 airlines and grounds 5 others over safety concerns
  • Scottish Criminal Cases Review Commission to review Pan Am Flight 103 conviction
  • European Union to fund scheme to reduce aircraft emissions and noise pollution
  • Air Independence and Libyan Airlines place orders for Bombardier aircraft valued at $190 million
  • Cessna to display seven aircraft and new cabin concept at Paris Air Show
  • Light plane flips over during landing at air show in Worcester, UK
  • Aeroflot negotiates purchase of 22 new Boeing 787 Dreamliner aircraft
  • Aer Lingus buys twelve new long-haul Airbus jets
  • NTSB announces safety recommendations to be made in aftermath of Comair Flight 5191 disaster
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Sunday, June 17th, 2018 | Author:

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Submitted by: Deana Meske

Every single person today is recognized across the globe by the identity card issued by his respective country which certifies that this particular individual belongs to the following country and gives brief information about his identity. Similarly a brochure design of the organization serves the purpose of its introduction in front of the customers and competitors. As visiting card is essential for a businessman, the brochure is important for the business itself. A business or organization without its brochure is not considered professional.

Brochure introduces your organization on your behalf. The images, colors and the content of your brochure design can make this introduction to create a big impact on the reader or can ruin your corporate image on the other hand. Choosing among the galore of designing tools and attracting customers to read your brochure in this time when everyone feels reluctant in reading different content is really critical but a little systematic approach can make it easy. The color scheme of the brochure design plays a key role in developing the interest of your target audience. The thing that appeals our eye also captures our mind s attention. If the color or images of your brochure design are eye catching then your customer will be encouraged to read the matter inside it.

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The colors of your brochure should be according to the nature of your products and target customers. Colors have different language for different group of people. This is not necessary that if a particular color combination has worked well for a certain organization will also work the similar way for your organization as well. You have to build a separate identity for your business therefore design a brochure according to your business nature.

An organization which is involved in wedding planning has to have its brochure printed in related colors with traditional or modern graphics. It is good to keep the brochure designs of your competitor s in mind but never try to infuse any of their features within you your own brochure. Everything that is related to the image of your business has to be unique. Therefore, just focus on your corporate fundamentals and the objectives that your organization wishes to achieve through brochure and you will end up having a design that is not only unique but also presents an authentic picture of your business caliber.

Including a positive message within your brochure can give a boost to your marketing strategy. This will give a more meaningful perspective to your brochure. Your target audience will be better able to relate to it. The information included in your brochure should be limited and relevant. Unnecessarily added content will make it a burden for your customer to read your brochure with interest. The working policy and rules of your organization should be mentioned clearly in the content so as that your customers approach your products or services with trust.

Having a well designed brochure is the demand and desire of every organization but it should also be affordable at the same time so as to use the marketing budget wisely for all other marketing activities as well.

About the Author: Deana Meske is a business women and loves to write about Brochure Design

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& Logo Design

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Sunday, June 17th, 2018 | Author:

Friday, September 14, 2007

The Kennedy Center announced that its 30th presentation of the Kennedy Center Honors would go to pianist Leon Fleisher, comedian Steve Martin, singer Diana Ross, director Martin Scorsese and musician Brian Wilson. The Center was opened to the public in 1971 and was envisioned as part of the National Cultural Center Act, which mandated that the independent, privately-funded institution would present a wide variety of both classical and contemporary performances, commission the creation of new artistic works, and undertake a variety of educational missions to increase awareness of the arts.

In a statement, Kennedy Center Chairman Stephen A. Schwarzman said that “with their extraordinary talent, creativity and perseverance, the five 2007 honorees have transformed the way we, as Americans, see, hear and feel the performing arts.”

Fleisher, 79, a member of the Peabody Institute‘s music faculty, is a pianist who lost use of his right hand in 1965 due to a neurological condition. He became an accomplished musician and conductor through the use of his left hand. At 67, he regained the use of his right hand. With the advent of Botox therapy, he was once more able to undertake two-hand performances in 2004, his first in four decades. “I’m very gratified by the fact that it’s an apolitical honor,” Fleisher said. “It is given by colleagues and professional people who are aware of what [an artist] has done, so it really is apolitical — and that much more of an honor.”

Martin, 62, a comedian who has written books and essays in addition to his acting and stand-up comedy career, rose to fame during his work on the American television program Saturday Night Live in the 1970’s. Schwarzman praised his work as that of a “renaissance comic whose talents wipe out the boundaries between artistic disciplines.” Martin responded to the honor saying, “I am grateful to the Kennedy Center for finally alleviating in me years of covetousness and trophy envy.”

Ross, 63, was a product of Detroit‘s Brewster-Douglass Projects when as a teeager she and friends Mary Wilson and Florence Ballardis formed The Supremes, a ground-breaking Motown act. She portrayed singer Billie Holiday in the 1972 film Lady Sings the Blues, which earned her an Oscar nomination and a Golden Globe award. “Diana Ross’ singular, instantly recognizable voice has spread romance and joy throughout the world,” said Schwarzman. Ross said she was “taken aback. It is a huge, huge honor and I am excited to be in this class of people.”

Scorsese, 64, is one of the most accomplished directors the United States ever produced, whose work includes Mean Streets, Taxi Driver, GoodFellas, Cape Fear, The Last Temptation of Christ and The Departed, for which he won a 2006 Academy Award for Best Director after being nominated eight times. Scorsese said, “I’m very honored to be receiving this recognition from the Kennedy Center and proud to be joining the company of the very distinguished individuals who have received this honor in years past.”

Wilson, 65, along with his brothers Dennis and Carl, formed the Beach Boys in 1961. They had a series of hits that included “Surfin’ U.S.A.” and “Wouldn’t It Be Nice.” Their 1966 album Pet Sounds is considered one of the most influential recordings in American music. “This is something so unexpected and I feel extremely fortunate to be in the company of such great artists,” said Wilson, who is currently on tour.

The Kennedy Center’s board of trustees is responsible for selecting honorees for “lifetime contributions to American culture through the performing arts.” Previous honorees, including Elton John and Steven Spielberg, also submitted recommendations. A wide variety of people were under consideration, including Emanuel Ax, Evgeny Kissin, Renee Fleming, Laurence Fishburne, Francis Ford Coppola, Melissa Etheridge and Kenny Chesney.

President Bush and first lady Laura Bush will attend the center’s presentation at its opera house on December 2, 2007, which will broadcast on December 26 on CBS.

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Sunday, June 17th, 2018 | Author:

Sunday, October 23, 2005

Marty Bahamonde, the only FEMA emplyee in New Orleans during hurricane Katrina, testifying before the Senate Homeland Security and Governmental Affairs Committee, contradicts former FEMA director Michael Brown’s testimony and says Brown ignored his pleas for help.

In an August 31 Blackberry email:

“Sir, I know you know that this situation is past critical. Here are some things you might not know. Hotels are kicking people out, thousands gathering in the streets with no food or water. Hundreds still being rescued from homes” and “medical staff at the Dome expect to run out of oxygen in about 2 hours”

In an email from one of Brown’s aids:”Please schedule Joe Scarborough this evening… Also, it is very important that time is allowed for Mr. Brown to eat dinner. Gievn[sic] that Baton Rouge is back to normal, restaurants are getting busy”

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Sunday, June 17th, 2018 | Author:

Wednesday, September 24, 2008

United States presidential candidate John McCain announced today that he is suspending his campaign and sought to postpone a scheduled debate with his opponent, Barack Obama, to focus on the country’s financial crisis and says that Obama should also suspend his campaign.

McCain said he would be asking president George W. Bush to call a meeting for members of Congress in order to support Bush’s controversial $700 billion bailout plan, but also said that there is no consensus for the proposal and it will not pass in its current form.

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He called the crisis “historic,” stressing the need for legislation and warning of “devastating consequences”.

“I am calling on the president to convene a meeting with the leadership from both houses of Congress, including Senator Obama and myself. It is time for both parties to come together to solve this problem. It has become clear that no consensus has developed to support the administration’s proposal and I do not believe that the plan on the table will pass as it currently stands. We are running out of time,” said McCain during a press conference.

Early this morning, Obama had called McCain and asked for the two to put aside partisanship and focus on the economic troubles. The two agreed to issue a joint statement supporting an economic fix, just minutes before McCain made his announcement. Bush is scheduled to speak to the people of the U.S. in a televised speech at 9:01 PM EDT tonight.

Obama responded to McCain’s speech minutes later, confirming that he would still attend the debate. He expressed a desire for fairness to taxpayers and an objection to rewarding those responsible for the financial crisis. Both candidates have stated that they intend to put politics aside to work on the financial crisis. Obama said, a president “is going to have to deal with more than one thing at a time.”

The proposal comes in the wake of Congressional hearings where US Federal Reserve chief Ben Bernanke and Treasury Secretary Henry Paulson have urged support of the measures proposed by the administration. Despite such appeals, both McCain and Obama have expressed skepticism over the proposed bailout, and the U.S. Congress has shown a noted concern that the measure may not benefit ordinary home owners as well as those on Wall Street.

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Sunday, June 17th, 2018 | Author:

Tuesday, October 31, 2006

Reactions to the review of the economic implications of climate change include optimism about the commercial opportunities and apprehension about possible fiscal repercussions.

The Stern Review of the Economics of Climate Change, commissioned by the British Chancellor of the Exchequer, Gordon Brown, points to the need for urgent action to reduce carbon emissions if a world-wide economic catastrophe is to be avoided. The institution of global carbon trading, control of deforestation, increased investment in energy R & D and support to poorer countries in adapting to climate change are all key proposals in the Review.

A leaked letter from David Miliband, Environment Secretary, to Chancellor Brown contains a package of tax proposals to promote the use of public transport and to encourage people to buy smaller cars and fly less. The proposals also include charges on petrol-guzzling cars, road pricing, levies on air travel and increased charges for landfill waste disposal.

The findings of the Review and the promise of a Government Climate Bill, containing measures in response to the Review, received a mixed reception from employers and unions.

Miles Templeman, Director-General of the Institute of Directors, said: “Without countries like the US, China or India making decisive commitments, UK competitiveness will undoubtedly suffer if we act alone. This would be bad for business, bad for the economy and ultimately bad for our climate.”

The Confederation of British Industries, the British Chambers of Commerce and asset managers F&C all pointed out the dangers to business of additional taxation.

Brendan Barber, General Secretary of the Trades Union Congress, was optimistic about the opportunities for industry to meet demands created by investment in technology to combat climate change. The Prince of Wales’ Corporate Leaders Group on Climate Change, formed by 14 of UK’s leading companies shared this hope. Chairman of Shell UK, James Smith, expressed the hope of the group that business and Government would discuss how Britain could obtain “first mover advantage” in what he described as “massive new global markets.”

The markets for low-carbon energy products are expected to be worth £300 billion by 2050.

Nigel Farage, leader of the UK Independence Party, questions the assertions that there is scientific consensus on global warming. At best, he said, there is uncertainty. Politicians world-wide are jumping on the ‘green’ bandwagon, but, if they want popular support, they’d better be sure that this is not simply the ‘new witchcraft’.

Ruth Lea, Director of the Centre for Policy Studies, also questions the notion that there is a ‘scientific consensus’ over global warming. She alleges that “authorities on climate science say that the climate system is far too complex for modest reductions in one of the thousands of factors involved in climate change (i.e. carbon emissions) to have a predictable effect in magnitude, or even direction.” About economic models, upon which Stern relied for his projections, her experience was that forecasting just two or three years ahead was usually wrong. She described the problem of drawing conclusions from combining scientific and economic models as ‘monumentally complex’. She doubted whether international cooperation was really possible. She concluded that she thought that this Review was designed to cloak the motives of a government that wanted some moral justification for increasing taxation on fuels.

An unconfirmed report on BBC 24 early Tuesday morning, October 31, stated that the White House had not yet seen a copy of the Stern Review.

In response to the Stern Report Australia‘s Prime Minister John Howard promised a AU$60 million to fight climate change. The projects are part of the Asia-Pacific Partnership on Clean Development and Climate. “The Asia-Pacific Partnership includes countries that represent about half of the world’s emissions, energy use, GDP (gross domestic product) and population, and is an important initiative that engages, for the first time, the key greenhouse-gas emitting countries in the Asia-Pacific region,” Mr Howard said in a statement.

A statement by Australian Greens senators Rachel Siewert and Christine Milne criticised the Australian Bureau of Agriculture and Resource Economics saying “ABARE indicated that the type of research undertaken for the Stern Report is beyond them. They can put a price on what ratifying the Kyoto protocol would cost but have no idea or capacity to put a price on the cost of not acting. They are tinkering around the edges of the problem and don’t seem to know whether climate change is real or whether there is any urgency.”

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