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বৃহস্পতিবার, ১ আগস্ট, ২০১৩

Basketball team?s prank puts ?bunny ears? on the President

It is a prank that has graced the pages of family photo albums since the year dot. But now President Obama has become the latest victim ? being given ?bunny ears? in a picture taken at a White House ceremony.

Mr Obama was targeted as he posed with members of the University of Connecticut women?s basketball team at an event to recognise their success in a national contest.

The jokers ? Connecticut Huskies centres Stefanie Dolson and Kiah Stokes ? struck after the team presented the President with a UConn jacket and a basketball signed by the squad.

Dolson later boasted about the

Source: http://www.thetimes.co.uk/tto/news/world/americas/article3831302.ece

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President Obama's tax code plan quickly killed by GOP lawmakers

President Barack Obama hugs Amazon.com's Lydia Flanders. (Jessica McGowan, AFP/Getty Images)

CHATTANOOGA, Tenn. ? President Barack Obama on Tuesday offered congressional Republicans a new corporate tax cut and jobs spending package he said might "help break through some of the political logjam in Washington" only to have GOP lawmakers immediately throw cold water on the idea.

The announcement and quick rejection underscored how elusive common ground is between the Democratic White House and Republicans in Congress on fiscal issues. The divide was particularly stark on the corporate tax proposal given that both parties generally have supported overhauling the code for businesses, although the White House and Republicans have differed on specifics.

Obama outlined his proposal in a speech at a massive Amazon.com plant in Chattanooga, his latest stop on a summertime campaign to refocus his agenda on the economy. He said "serious people" in both parties should accept his offer.

"I'm willing to work with Republicans on reforming our corporate tax code, as long as we use the money from transitioning to a simpler tax system for a significant investment in creating middle-class jobs," Obama said. "That's the deal."

But the office of House Speaker John Boehner, R-Ohio, complained that Obama's plan was simply a repackaging of proposals the White House has always supported.

"It's the opposite of a concession," spokesman Brendan Buck said, noting that Republicans want to link a corporate tax overhaul with changes in the individual tax code.

Like Republicans, the president previously has called for corporate tax reform to be coupled with an individual tax overhaul.

But his new offer drops that demand and calls only for lowering the corporate rate from 35 percent to 28 percent, with an even lower effective tax rate of 25 percent for manufacturers.

The White House also said the president will continue to seek changes to the individual tax rate as part of a larger "grand bargain" he wants with the GOP.

But with the prospects of such a deal growing increasingly slim, Obama advisers say they've opted to isolate an area on taxes where they believe they have more agreement with Republicans.

Tuesday's speech

The backdrop for Obama's remarks Tuesday was an Amazon.com fulfillment center, a massive, 1 million-square-foot warehouse in Chattanooga, Tenn. During a tour of the facility, Obama was shown how the company gets packages ready for delivery, from the employees who pull orders from three stories of floor-to-ceiling shelves, to loading into boxes sealed with water-activated tape and quality control

Amazon.com announced Monday that it would add 7,000 new jobs, including 5,000 more at U.S. distribution centers that currently employ about 20,000 workers who pack and ship customer orders.

Source: http://feedproxy.google.com/~r/dp-politics/~3/vjSqXeoqDUo/president-obamas-tax-code-plan-quickly-killed-by

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বুধবার, ৩১ জুলাই, ২০১৩

A Commercial Property Appraisal Helps Determine The Value Of A ...

A commercial property appraisal should be done to determine the value of real estate when one is seeking to sell land or to use it as collateral for a loan. There are steps that an appraiser should take to make sure the assessment is done well and without bias. The report that is generated spells out a lot of the steps that have been taken and will give one a reasonable view of how much a piece of real estate will sell for if it was put on the open market. The report should include the following information.

The abilities and independence of the appraiser will want to be known by the potential lenders in most cases. The appraiser will usually start their reports with a listing of their qualification to do this kind of work and what associations and training they have they allows them to be considered an expert in this field. The appraiser should also not have any financial interest in the properties that would present any type of conflict of interest in how much a building might be worth.

Another segment will explain to the reader about the physical aspects of the real estate. Basic information such as the square footage of buildings and acreages of land will be disclosed. Other pertinent information would include how far the nearest highways are that could facilitate the movement of goods. This could be a very valuable asset to a company involved in manufacturing.

The value of real estate can be subjective when looking at it in isolation from other properties around it. The way to combat this subjectivity is to analyze similar properties in the surrounding areas and how much they have sold for in the recent past. Real estate values fluctuate over time and properties can sell for different amounts depending on what is going on the economy.

A good report will have a listing of the properties that was used in the comparison. This listing should explain the reasons why those properties were chosen in the analysis. The information can be extremely useful in setting a monetary figure on the land and building.

Sometimes disputes arise over the value that was given to a business owner. One way to win that dispute is to show that the other properties used were insufficient to assist in making the assessment. If an owner can show other properties that are more comparable to their establishment, they might be able to get their building reassessed for a different value.

Other important information can include whether or not the land is in a flood plain. This can affect the desirability of the lands and buildings and drive down values. Being in a flood plain adversely affects insurance costs and can make the mortgage more costly.

Knowing the value of a piece land can be important. A person may want to know how much they can sell it for. A commercial property appraisal can help a business owner set the right price.

You can visit the website www.bryantassetadvisors.com for more helpful information about How A Commercial Property Appraisal Can Look

Source: http://bestfinance1.com/a-commercial-property-appraisal-helps-determine-the-value-of-a-building

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High usage of renewable energy will mitigate global climate change ...

By William Jimoh

The African Union (AU) Commission Technical Adviser on climate change, Dr. Victor Fodeke has stated that increased usage of renewable energy and efficiency improvements will provide a lasting solution to various climatic problems caused by global climate change.

Fodeke said this in Lagos, at the opening ceremony of the 5th Alternative Power Exhibition tagged ?Save the World Power Green? an initiative of Lagos State Television in conjunction with Folub Eletrik Servz.

According to him, unlike oil, natural gas and coal, solar energy technology which is one of the most renewable energy alternatives available today emits no carbon dioxide which makes it environment friendly, adding that renewable energy technologies such as wind turbines, solar photovoltaic panels, biomass power plants, solar thermal collectors, and biofuels are rapidly gaining wider attention.

?It?s very significant to note that contrary to popular opinion, a massive uptake of renewable energy and efficiency improvements alone can solve our global warming problem.

?Our contributions to the climate change crisis are often associated with global coal and oil use that is raising awareness towards new potential solutions to replace coal and oil with such as renewable energy initiative as well as biofuels.?

?The global market for renewable energy is growing dramatically; global investment in 2006 reached $38 billion, 26 per cent higher than the previous year. The time window available for making the transition from fossil fuels to renewable energy is relatively short.

?We can solve global warming, save money, create massive job and wealth as well as eradicate poverty, Improve air and water quality without compromising our quality of life. ?Strict technical standards are the only reliable way to ensure that only the most efficient transportation systems, industrial equipment, buildings, heating and cooling systems and appliances will be produced and sold.

Adetokunbo Agbesanwa, Senior Special Assistant to Gov. Fashola on School Advocacy and Environment who commended the initiator of the exhibition said the state government through its school environmental advocacy programme is currently training students and teacher on best environmental practices.

?We have put in place a robust environmental programme, we have waste and energy management clubs in the school to train the children on best environmental practices and on use of altanative sources of energy.?

Engr. Bode Adefolu, CEO Folub Eletrik Servz one of the 5 companies already at the exhibition said the exhibition will be on till Saturday adding that people are becoming to see the advantages of solar products as the their patronage has improved from that of last year.

Source: http://www.vanguardngr.com/2013/08/high-usage-of-renewable-energy-will-mitigate-global-climate-change-effects-auc/

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Online video delivery specialists Qwilt raise $16 million of venture ...

qwilt-team

Qwilt team

/ By Yoel Bermant/

According to Qwilt CEO Alon Maor, the rapidly expanding company will use the injection of capital in a drive to expand their international sales as well as recruiting people to their engineering teams in order to meet global network operator demand for its flagship product, the Qwilt QB-Series Video Fabric Controller.

In its third financing round since it?s founding in 2010, dynamic online video delivery solutions developer Qwilt Inc. has raised an additional $16 million in venture capital, making the total funding since their inception up to $40 million. For this round of funding Bessemer Venture Partners were the initial investors, who were soon joined by the company?s current investors Accel Partners, Redpoint Ventures and Marker LLC.

Qwilt was established in 2010 by Alon Maor, now the company?s CEO along with, Chairman Yuval Shahar and Dr. Giora Yaron who acts as a director of the company. Global headquarters for Qwilt are situated in Redwood City, California, where it retains its development center in Hod Hasharon, Israel while operating sales offices in the UK, Brazil, and Korea.

According to Alon Maor, the company?s success has been continuously driven by the dramatic demand for online video. A demand that is constantly straining both the capacity and performance of operator networks, and in turn creating a strategic dilemma for cable, broadband, and mobile service providers worldwide.

In order to keep pace with consumer demand whilst remaining competitive, operators of such systems are required need to simultaneously address three strategic imperatives.

?Improve consumer quality of experience,
?Cost effectively increase network capacity
?Monetize over-the-top video traffic across the networks.

Qwilt?s technology has been developed to enable operators to increase network capacity, and to do so at a fraction of the cost of a traditional network expansion, while simultaneously improving service quality for the viewers.

?We founded Qwilt with a vision to address the strategic problem of online video delivery for network operators. This investment from Bessemer, together with the ongoing commitment of our current investors, is further validation of our approach and momentum,? stressed Maor.

Source: http://jewishbusinessnews.com/2013/07/31/online-video-delivery-specialists-qwilt-raise-16-million-of-venture-capital/

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Saudi Prince Alwaleed Warns On Fracking - Business Insider

REUTERS/Neil Hall

Billionaire Saudi Prince?Alwaleed bin Talal has warned shale oil and gas development poses a threat to the kingdom's economy, the Wall Street Journal's Summer Said reports.

In an open letter to Saudi oil minister Ali al Naimi [in Arabic], Alwaleed also warns the kingdom must diversify its revenue streams in the face of flagging oil demand.

A source translated the key portion of the note:

With all due respect to your Highness? viewpoint about shale gas and that it poses no danger on Saudi economy at ?the present time?, I was hoping that your Highness would also shed light and focus on the danger of this matter in the ?not-so-distant future?, especially that America and some Asian countries made big discoveries in shale gas extraction which will affect the oil industry around the world in general and Saudi Arabia in particular...

He also sent us the following summary of the letter's salient parts:

The third page calls on the government to decrease its dependence on oil and start investing in alternative energy sources like solar.

The fourth page is to the deputy oil minister after he told BBC that Saudi is not concerned about shale gas at the present time. Alwaleed says shale gas may not be a concern in the present, but it should be worrying for the future of Saudi energy exports.

The fifth page is similar to the fourth. His handwritten comment asks if indeed 92% of Saudi revenue is from oil and that we should pay more attention and shale gas and other energy developments around the world.

Here's Sky News' summary:

Prince Alwaleed said demand for oil from Organisation of the Petroleum Exporting Countries (Opec) member states was "in continuous decline".

He said Saudi Arabia's heavy dependence on oil was "a truth that has really become a source of worry for many.

...

"Our country is facing a threat with the continuation of its near-complete reliance on oil, especially as 92% of the budget for this year depends on oil," he said.

"It is necessary to diversify sources of revenue, establish a clear vision for that and start implementing it immediately."

Naimi recently denied?that shale posed a threat, but the prince challenges that view, Said says:

We disagree with your Excellency on what you said, and we see that raising North American shale gas production is an inevitable threat," Prince Alwaleed's letter said, in comments directed at Mr. Naimi.

Read the full story on WSJ.com ?

Source: http://www.businessinsider.com/saudi-prince-alwaleed-warns-on-fracking-2013-7

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