<div class=Thaksin to return to Thai politics
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Thaksin to return to Thai politics

Wednesday, November 19, 2008

Several reports indicate that the ousted fugitive ex-Prime Minister of Thailand, Thaksin Shinawatra, is to again become involved in the country’s politics. He is scheduled to give another phone-in address from abroad on December 14 to supporters at the national Suphachalasai Stadium.

People’s Power Party (PPP) MP, and spokesman for the pro-government “Truth Today” roadshow Jatuporn Promphan said, “Thaksin will no longer wait to be attacked, he will fight back by all means, particularly with an eye-for-an-eye strategy, from now on. Thaksin now believes that the only way for him to survive and to live is to fight for his name”.

Currently in exile and facing a two year jail term should he return to Thailand, Thaksin informed lawyers from his current residence in Dubai that he would not appeal the conviction for corruption in the Ratchadapisek land deal. While lawyers claim to have prepared the needed paperwork to challenge the conviction, the deadline to do so is today.

Thaksin will no longer wait to be attacked, he will fight back by all means, particularly with an eye-for-an-eye strategy

According to the Bangkok Post, a return to politics by the ex-PM has caused some concern among PPP government members over the divisions this could cause within the country. Thaksin still enjoys a great deal of support from the rural poor in the country’s North-East where the populist policies of his now-outlawed Thai Rak Thai (TRT) party helped win a majority. His most vocal critics, the People’s Alliance for Democracy (PAD) have now occupied Government House in Bangkok for over three months.

The close association of the ruling PPP with the former premier has given them their own set of problems. The party is actively contesting a case in the country’s supreme court that could see it dissolved. The case centres around allegations of vote buying and the party’s former deputy leader, Yongyuth Tiyapairat, stands accused of paying village heads for votes. The PPP disputes that this was a party action as opposed to the independent actions of Yongyuth and the other accused. A ruling on the fraud from last December’s election is expected soon.

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Critics of the government claim that it is simply a front for the ex-PM and his dissolved party. The yellow-shirted PAD protesters at Government House assert that current Prime Minister, Somchai Wongsawat, Thaksin’s brother-in-law, is merely a proxy for the controversial ex-leader.

Prosecution of Thaksin on other charges, which he maintains are politically motivated, continues; the supreme court is expected to hold a hearing next month on accusations that he is ‘unusually rich’. This relates to the sale of the family’s stake in Shin Corporation to Temasek Holdings, the investment arm of the Singapore government. Assets worth 76 billion baht (US$ 2.2 billion) are currently frozen over this issue. The ex-PM escaped impeachment over the tax-free sale of Shin in February 2006. Thai media reports that an amicable divorce of Thaksin and his wife Pojaman in Hong Kong will have no bearing on the case or asset seizure. Despite the split last week neither can return to Thailand without facing imprisonment; Potjam was earlier successfully prosecuted and given a three year sentence.

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Real Estate Rebound Of 2007   Has It Already Started?

Real Estate Rebound Of 2007 Has It Already Started?

Submitted by: Eric Rogers

As we head into the first month of spring, there is no doubt — real estate activity has increased significantly in many parts of the country. This leaves many to wonder: is this the beginning of the end of the real estate market downturn? The spring market is looming — the big question is, what type of market will it be? 2006 is no longer new news for anyone. We hit a market downturn — after 5 years of hot growth, it was bound to happen. But more important is how long will the downturn last? This factor is vital for anyone thinking of putting their home up for sale in 2007.

This fall, we saw prices drop in many places around the country off of strong values in 2005. This isn t a fact that homeowners are thrilled about. But it also has to be tempered by the exceptionally strong housing market of the previous 4 or 5 years. In many parts of the country, the depreciation of 2006 only erased a small portion of the equity that had been building.

The market didn t just affect pre-existing home sales. Builders faced similar difficulties in 2006. Many responded by slashing prices and offering increased incentives to entice buyers. In several cases, builders even chose to cancel planned developments to wait out the market downturn.

This fall, there were two trends that were apparent: 1. homes had to be priced competitively and in top condition to sell and 2. buyers tended to be very choosy and spent time shopping around. This second trend contributed to the longer-than-usual market times of many homes. It wasn t unusual for well-priced homes to be on the market a long time before selling.

[youtube]http://www.youtube.com/watch?v=qyCVa8LARJM[/youtube]

There were several main factors that contributed to the market conditions we all experienced in 2006. Many experts feel that the Federal Reserve (Fed) was too aggressive with interest rate hikes. Often, changes in the interest rates take a while to reverberate throughout the economy. Instead of letting the market react to small interest rate changes, the Fed pursued an aggressive series of hikes.

Also, people are discovering that the media itself was largely responsible for a good deal of buyer uncertainty in 2006. For years, every pundit out there had been predicting a market crash and for the past 5 years or so, the market held strong. Then, the Fed started raising the rates and things started to cool. Of course, everyone with a microphone started piling on the idea of a market bubble . Unfortunately what happened was Chicken Little Syndrome — suddenly everyone thought the sky was falling and the market began its downturn – all while interest rates stayed reasonable and housing prices good.

The result was 2006. The next question is obvious: what s next? Here s where we have some good news. The general feeling among the true real estate experts — the REALTORS who are out in the field in your local market day after day working — is that 2007 will be the end of the downturn for many areas of the country. We are already seeing signs of this all over the United States. Here in the Midwest — particularly the Fox Valley area west of Chicago, things have already started to pick up — phones are ringing, buyers are buying and sellers have a very optimistic attitude about the next few months. In fact, many REALTORS are predicting a hotter-than-normal spring in 2007 that should end the downturn, signal a soft landing and return us to balanced growth in our local real estate market.

The biggest factor that should influence the spring market is the current pause (or end) in interest rate hikes. If the Fed holds steady to this policy going into spring, buyers should take it as a sign that the market is leveling out. Combine this with the fact that many buyers most likely held out towards the end of 2006 and we re looking at a larger-than-normal pool of buyers that should commit to a purchase this spring. Also, consider the fact that we are still sitting on a large inventory of unsold homes, some of which are priced very attractively. Basically we have a convergence of a large pool of eager buyers and a large pool of unsold homes at great prices — the outcome should be a lot of activity this spring. So, how should all of this affect buyers, sellers and homeowners?

If you are a homeowner, 2007 should return us to a steady rate of appreciation. It probably won t be as great as from 2002-2005, but we should return to a fairly modest, yet sustainable rate of appreciation. Sellers should be particularly interested in a rebound this spring. What was a very difficult and trying 2006 market should turn into a much better time to put a home up for sale. The most important thing for sellers to understand is that the inventory of unsold homes should still be high this spring but buyers should be buying. This points to several factors: sellers need to make sure their homes stand out of the crowd both in condition and price. If this is done correctly and your REALTOR works hard at marketing your home, its time on market should be greatly reduced from 2006 levels.

Buyers should see the rebound as a last call of sorts. If you ve held off buying for whatever reason, it s time to commit to a purchase. In fact, buyers should really consider making a purchase in the next month or two in order to gain full advantage of the 2006 market conditions before they level out. Those that wait until summer or fall might miss the current buyer s market and find more competition and higher prices. Another benefit to buying in the short term is that interest rates are still relatively low and there are some great programs out there for buyers. While we all expect the Fed to hold steady with rates, we don t expect them to drop anytime soon. So the current rates might represent the lowest they ll be for the foreseeable future.

2006 will go into the books as one of the most difficult years for real estate in the past decade. Looking forward to 2007, we can expect the market to level out to a sustainable pace. Whatever your real estate plans are in the coming year, it will be important to keep track of current market conditions. If buying or selling is in your near future, it s important that you seek professional assistance to help you make the decisions that will benefit you the most.

About the Author:

Eric Rogers

is a full-time, award-winning REALTOR with Century 21 Pro-Team in

Aurora Illinois

. Eric is considered a local real estate expert for the communities in the Fox Valley area.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=130418&ca=Real+Estate

<div class=US economy adds 215,000 jobs in July; unemployment rate remains steady at 5.3%
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US economy adds 215,000 jobs in July; unemployment rate remains steady at 5.3%

Monday, August 10, 2015

Continuing a trend of steady employment growth, the United States economy added 215,000 jobs in July, the Bureau of Labor Statistics said on Friday. The unemployment rate remained unchanged at 5.3%.

“Job growth is quite strong,” stated Jim O’Sullivan, chief economist at High Frequency Economics, a data analysis firm in New York. “This pace of employment growth is clearly strong enough to keep the unemployment rate trending down.”

Average hourly earnings rose 0.2%, marking a rebound after growth stalled in June. Wages have grown by 2.1% over the past year, below the Federal Reserve’s target of 3.5% annual wage growth, and not much more than the underlying rate of inflation.

While sluggish wage growth remains a pocket of weakness in the economic recovery, steady payroll gains averaging 242,000 per month over the past twelve months have led observers to consider a Federal Reserve interest rate hike as increasingly likely, according to The New York Times.

“We view this report as easily clearing the hurdle needed to keep the Fed on track for a September rate hike,” said Rob Martin, an economist at Barclays in New York. “The bar for not moving now is much higher.”

Although the Federal Reserve has not explicitly stated that they plan to raise interest rates in the near future, the US central bank has stated that it would raise rates when it has seen “some further improvement” in the jobs market. The Fed has not increased interest rates since 2006, and during the 2007-2009 recession, it lowered rates to historically low levels.

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<div class=Four die in Papua New Guinea plane crash
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Four die in Papua New Guinea plane crash

Thursday, September 2, 2010

Three Australian citizens and a New Zealander died when the chartered light aircraft in which they were travelling crashed on Misima Island off the coast of Papua New Guinea. The plane, a Cessna Citation with five people on board, is said by locals to have overshot the runway in poor weather, before crashing into trees and bursting into flames.

The fifth person, a New Zealander believed to be one of the pilots, is undergoing treatment for heavy bruising. The crash was confirmed by the Australian Foreign Minister, Stephen Smith, who said that officials of the Australian Consulate would be travelling to the crash site on Wednesday. The presence of the 2 New Zealanders on board was confirmed by the New Zealand High Commission in Port Moresby.

Jerome Peniasi, The acting Chief Executive of PNG Ports said the Australians on the plane were working with a company called Australian Reef Pilots near Misima Island. “We are aware of the accident, but we still don’t have much information as communication has been difficult”, he said. The Managing Director of Australian Reef Pilots, Craig Southerwood confirmed that one of the dead was a 61-year old marine pilot working for the agency.

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<div class=U.S. jury deliberates immigrant smuggler case
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U.S. jury deliberates immigrant smuggler case

Monday, March 21, 2005A Houston jury resumes deliberations today in a federal smuggling case where 19 illegal immigrants died from heat and lack of oxygen. The defendant, Tyrone Williams, 34, could face the death penalty for his alleged involvement in harboring and transporting illegal immigrants across the US-Mexican border.

He was reportedly paid $7,500 to bring the immigrants to Houston in a tractor trailer truck.

Williams, a Jamaican citizen, was a member of a smuggling ring. He alone faces capital punishment charges, while 14 other ring members were charged with less serious offenses for their involvement in the case. Williams allegedly made a four-hour trip across the border and then parked at a truck stop in Victoria, about 100 miles from Houston. He left the truck while 75 persons suffered in the cargo area of the trailer during sweltering heat.

The prosecution claims he abandoned the trailer while ignoring screams for help and banging on the walls from those inside the trailer.

His defense attorneys argue Williams was unable to hear anything from the trailer, and they further say greed by other ring members was the cause of the deaths since the trailer was so overcrowded. Williams should not be singled out, his attorneys maintained, just because he was the driver of the truck.

“He didn’t care,” said federal prosecutor Daniel Rodriguez during closing arguments. “To him, these weren’t people, they were merchandise.”

The jury asked U.S. District Judge Vanessa Gilmore three questions before the trial was adjourned for the weekend.

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Senior Independent Living In Chesterfield, Mo: The Importance Of Senior Independence

Senior Independent Living In Chesterfield, Mo: The Importance Of Senior Independence

byAlma Abell

As people age and certain aspects of their lives change, independence is sometimes the only thing that seniors feel as though they can control.

The truth is that we all enjoy and strive for our own personal independence, no matter what our age may be. Maintaining this independence as we age promotes a sense of achievement while generating a sense of well-being and worth. In many cases, seniors can thrive independently with little to no assistance. Others, however, require assistance for the mental and physical limitations that often come with aging.

Independent Senior Living

Senior independent living in Chesterfield, MO can help seniors maintain their independence for as long as possible. Caregivers can help with as many or as few activities of daily living as needed, including light cleaning, cooking, grocery shopping, and other tasks that help seniors live independently.

Advisors understand that in order to maintain a true level of independence, it’s important for seniors to be involved in their own self-care. Many types of independent living involve interactive caregiving and encourage seniors to take on daily activities and stay involved in household duties, depending on the senior’s capabilities. This can include going on walks, playing games, enjoying meals together, light cleaning, or simply engaging in lively conversation.

Independent Living Advisor

The most important part of senior independent living is helping your loved one find a situation that gives him or her the opportunity to maintain independence while receiving assistance where he or she may need it. Oasis Senior Advisors – Chesterfield work with you and your family to find that perfect home away from home for your senior.

The care of your senior is important to your family so it’s important for you to understand all of the options and obtain all of the information that you need about local senior care. No matter what your situation is, independence for your senior can be achieved with a little help. You can connect with them on Facebook.

<div class=UK government announces cut in VAT
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UK government announces cut in VAT

Monday, November 24, 2008

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Photograph: Lee Jordan

The UK Government has announced that it is cutting the rate of Value Added Tax (VAT) by 2.5 percentage points, to 15%, in a move to get consumers spending again.

This move, along other tax cuts, is going to require the government to increase borrowing to record levels, according to experts cited by BBC News.

Gordon Brown, the UK Prime Minister, has stated, “I don’t see this as a gamble, I see this as necessary, responsible action, that any sensible government would want to take.”

“Those people who say do nothing now, would leave people, as in the 1980s and 1990s, without hope that their mortgage problems could be sorted out, or their jobs problems could be sorted out,” he continued in a discussion on BBC television programme “The Politics Show“. “It would be lacking in compassion, as well as irresponsible, in my view.”

David Cameron, the leader of the opposition, has expressed his concern over the move. “I think people are going to be shocked tomorrow [Today] when they see the extent of government borrowing,” he said yesterday, before the move was official. “Maybe £80bn this year, before the recession’s even properly started, and possibly over £100bn next year. And next year that is over £4,000 extra for every family in the country.”

“So I do have a real concern about a government going on a borrowing binge that even they are now admitting is going to lead to much higher taxes later.”

In his statement announcing the move, Alistair Darling, the Chancellor of the Exchequer, has admitted that the national debt will go up from 2.8% to 4.4% over the next year, although he stated that these changes were necessary to avoid a recession.

The move, which will come into effect next Monday, will last until the end of next year, and Darling stated that it will cost the government £12.5 billion. This was announced as part of the 2008 pre-budget report.

Vince Cable, the leader of the Liberal Democrats, also commented on the tax cut. “A big tax cut’s desirable, that’s certainly the case. And a VAT cut would act very quickly, which is positive,” he stated. “But we prefer a different approach which is more targeted on people who really need it. And we believe that people on low incomes, low wages should get an income tax cut – lifting thresholds or reducing the rate. And that’s a much better way of concentrating resources where it needs it.”

15% percent is the lowest rate of VAT permitted by the European Union.

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<div class=Viktor Schreckengost dies at 101
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Viktor Schreckengost dies at 101

Sunday, January 27, 2008

Viktor Schreckengost, the father of industrial design and creator of the Jazz Bowl, an iconic piece of Jazz Age art designed for Eleanor Roosevelt during his association with Cowan Pottery died yesterday. He was 101.

Schreckengost was born on June 26, 1906 in Sebring, Ohio, United States.

Schreckengost’s peers included the far more famous designers Raymond Loewy and Norman Bel Geddes.

In 2000, the Cleveland Museum of Art curated the first ever retrospective of Schreckengost’s work. Stunning in scope, the exhibition included sculpture, pottery, dinnerware, drawings, and paintings.

Posted in Uncategorized
<div class=2006 “Stolenwealth” Games to confront Commonwealth Games in Melbourne
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2006 “Stolenwealth” Games to confront Commonwealth Games in Melbourne

Friday, March 3, 2006

The possibility of large-scale protests in the face of the 3,000 journalists covering the Melbourne 2006 Commonwealth Games, has event organisers and the Government worried.

The group “Black GST” – which represents Indigenous Genocide, Sovereignty and Treaty – are planning demonstrations at prominent Games events unless the Government agrees to a range of demands including an end to Aboriginal genocide, Aboriginal Sovereignty and the signing of a treaty.

The Black GST say they hope the focus of the world’s media will draw attention to the plight of indigenous Australians during the Games. Organisers say supporters are converging from across Australia and from overseas. Organisers say up to 20,000 people may take part in talks, rallies, colourful protests and many cultural festivities designed to pressure the Federal Government on Indigeneous rights issues. They want the Government to provide a temporary campsite for the supporters, saying “organised chaos was better than disorganised chaos.”

The 2006 Stolenwealth Games convergence, described by organisers as the “cultural festival of the 2006 Commonwealth Games,” was virtually opened on March 2nd with the launch of the official “Stolenwealth Games” website. Scoop Independent News and Perth Indymedia reported that the launch was held at Federation Square in Melbourne. The site contents were projected via wireless laptop by the Stolenwealth Games General Manager, and a tour of the website was given on the big screen. He said “overwhelming amusement was the response from the audience.” The group say permanent access points to the website are being set up at public internet facilities across Victoria during the coming weeks.

“Interest in the Stolenwealth Games is building all over the world and this fresh, exciting and contemporary site will draw in people from Stolenwealth Nations around the globe to find out about the latest news and events,” said a Stolenwealth Games spokesperson. “We have been getting many requests from around the world wanting to know about the Stolenwealth Games. We have provided many ways that individuals and organisations can support the campaign by spreading the word.”

The Victorian Traditional Owner Land Justice Group (VTOLJG) which represents the first nation groups of Victoria, has announced its support to boycott the 2006 Commonwealth Games until the Government “recognises Traditional Owner rights.” The group asserts that culture has been misappropriated in preparation for the Games.

Organisers of the campaign say they welcome the formal support from the Traditional Owners. “While some seek to divide and discredit Indigenous Australia, this support is further evidence that the Aboriginal people are united in opposition to the ongoing criminal genocide that is being perpetrated against the Aboriginal people” said Black GST supporter and Aboriginal Elder, Robbie Thorpe.

“We now have endorsement from the VTOLJG and the Aboriginal Tent Embassy for the aims and objectives of the Campaign and we are looking forward to hosting all indigenous and non-indigenous supporters from across Australia in March,” he said. The Black GST group have said “the convergence will be held as a peaceful, family-focussed demonstration against genocide, and for the restoration of sovereignty and the negotiations towards a Treaty.”

But the campaign has received flak in mainstream media, such as Melbourne’s Herald Sun, who wrote: “the proposal to allow BlackGST to set up an Aboriginal tent embassy at a site well away from the Commonwealth Games will be interpreted by some as the State Government caving in to a radical protest group. A major concern for the Government… is to protect the event from disruption… no chances should be taken…”

The Black GST has been planning the convergence for months, calling for Aboriginal people and their supporters to converge on Melbourne. The Melbourne-based Indigenous rights group have called on thousands of people concerned about the plight of indigenous Australians to converge on Melbourne during the Games, which they have dubbed “the Stolenwealth Games”. But the choice of Kings Domain has made conflict almost inevitable, as the area is one of the areas gazetted by the State Government as a “Games management zone”.

Under the Commonwealth Games Arrangements Act, any area gazetted as a management zone is subject to a range of specific laws – including bans on protesting, creating a disturbance and other activities. The protest bans will be in effect at different times and places, and offenders can be arrested. A spokeswoman for the Black GST, which advocates peaceful protest, said the site had been chosen because it was close to where the Queen will stay on March 15. “We figured that she is only in Melbourne for 27 hours or something like that so we thought we would make it easy for her to come next door and see us,” she said. “We are a very open, welcoming group, so she will be welcome to come and join us.”

Kings Domain is the burial site for 38 indigenous forefathers of Victoria. Black GST elder, Targan, said trade union groups have offered to install infrastructure at the site. The group initially worked with the State Government to find a suitable camp site, but the relationship broke down when the Government failed to meet a deadline imposed by the protesters. “While we are disappointed the ministers were not able to meet deadline on our request, we thank them for their constructive approach towards negotiations and the open-door policy exercised,” said Targan.

A spokesman for Games Minister Justin Madden said the Government was still investigating other sites. Victoria Police Games security commander Brendan Bannan said he was not convinced the Black GST represented the views of most indigenous people. “We are dealing with the Aboriginal community and they don’t seem to support it at all … the wider Aboriginal community don’t support disruption to the Games at all,” he said.

The Government was told that Black GST supporters would camp in Fitzroy Gardens and other city parks should it fail to nominate a site. A spokesman for Aboriginal Affairs Minister Gavan Jennings said the Government was taking the issue seriously, but had not been able to finalise a campsite before the deadline.

Under special Games laws, people protesting or causing a disturbance in “Games management zones” can be arrested and fined. While prominent public spaces such as Federation Square, Birrarung Marr, Albert Park and the Alexandra Gardens fall under the legislation, such tough anti-protest laws cannot be enforced in the nearby Fitzroy Gardens.

Games chairman Ron Walker has urged the group to choose another date for its protest march through the city, which is currently planned to coincide with the opening ceremony on March 15. The group believes that an opportunity to gain attention for indigenous issues was lost at the Sydney Olympics and has vowed to make a highly visible presence at the Games.

The Black GST said the Australian Aboriginal Tent Embassy’s sacred flame, burning over many years at the Canberra site will be carried to Melbourne before the Games, and its arrival would mark the opening of the protest camp from where a march will proceed to the MCG before the Opening Ceremony.

Black GST claims supporters from all over Australia, including three busloads from the West Australian Land Council, will gather in Melbourne during the Games for peaceful protests.

Aboriginal Affairs Minister Gavin Jennings had offered Victoria Park to the protesters. Victoria Park, former home of Collingwood Football Club, where one of the strongest statements of Aboriginal pride, when St Kilda star Nicky Winmar in 1993 raised his jumper and pointed to his bare chest after racial taunts from the Collingwood crowd.

Black GST, which has labelled the Games the Stolenwealth Games, said the State Government had failed to find a suitable venue. Black GST may encourage protesters to camp in prominent parks such as Fitzroy Gardens and Treasury Gardens. Graffiti supporting the action has also appeared in central Melbourne.

Melbourne City councillor Fraser Brindley has offered his home to the Black GST organisers. “I offered my home up to people who are organising visitors to come to the Games,” he said. Cr Brindley will be overseas when the Commonwealth Games are held and has offered the free accommodation at his flat at Parkville. He said he agreed with the protesters’ view that treaties needed to be signed with indigenous Australians. “I’m offering it up to the indigenous people who are coming to remind Her Majesty that her Empire took this land from them,” said Cr Brindlley. Nationals leader Peter Ryan said: “This extremist group has no part in the Australian community.” Melbourne councillor Peter Clarke said the actions were embarrassing and that he would try to discourage him. “It’s not in the spirit of the Games,” he said.

Aboriginal elder, Targan, said the possibility of securing Victoria Park was delightfully ironic. “There’s a lot of irony going on,” Targan, 53, a PhD student at Melbourne University, said. “GST stands for Genocide, Sovereignty and Treaty. We want the genocide of our people to stop; we want some sovereignty over traditional land, certainly how it is used, and we want a treaty with the government,” Targan said.

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<div class=Car bomb kills seventeen in Pakistan
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Car bomb kills seventeen in Pakistan

Friday, December 5, 2008

A bombing has occurred the Pakistani city of Peshawar, killing at least 17 and injuring at least 47 others.

Asif Ali Zardari, the acting President of Pakistan, strongly condemned the attacks. He has also stated that the perpetrators of the attacks will be found and brought to justice, and expressed his condolences to the families of the dead.

He also stated, in response to the attacks, that his country was committed to fighting terrorism.

Mohammed Bilal was one of the people injured in the attack. He commented on his experiences of the blast. “Something struck me in face, and I fell down. There was fire and smoke and the cries of the injured people,” he stated.

Local police chief Naveed Khan also commented on the incident. He stated that “it is not possible to prevent this kind of terrorism unless you have extremely credible information.” Khan also suggested that chemicals intended to increase the spread of fire were contained in the bomb.

The attack destroyed a hotel, a mosque, and set fire to several shops.

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