মঙ্গলবার, ২৮ মে, ২০১৩

Chinese FX investments to focus on US real estate | ForexLive

Last week,?we reported China is diversifying its US currency reserves out of Treasuries and into other assets. As part of the shift, they opened an investment office in New York.

The fund, SAFE, controls $3.4 trillion and?is focusing on US real estate, according to Bloomberg sources.

China may acquire properties, invest in real estate funds or buy stakes in
property companies, they said

Categories: All, Americas, Mkt Talk, Regions | Tags: China | Permalink

Source: http://www.forexlive.com/blog/2013/05/27/chinese-fx-investments-to-focus-on-us-real-estate/

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সোমবার, ২৭ মে, ২০১৩

Raising the bar in property management | Surf Coast Times ...

Julie Collett and Whitford sole director Michael Ferris

Julie Collett and Whitford sole director Michael Ferris.

Whitford Torquay had expanded their team with the employment of a new and experienced property manager.

Julie Collett joins Whitford with nearly 15 years of experience in property management in Melbourne, where she managed a large portfolio. Her desire to live and work on the beautiful Surf Coast has driven her ambition to relocate here with her family. Julie is looking forward to a long career with Whitford.

?I am extremely excited to be joining a great team of people all working toward the same goal in raising the benchmark in real estate,? she said.

?I look forward to a long and thriving career here.?

Julie is a recent sea changer, having holidayed here over the years with the intention of moving to Torquay one day.

?I have always intended to move down here with Matt and the children and was just waiting for the perfect job to come along, and now I have it.?

Sole director Whitford Torquay Michael Ferris said Julie is passionate about real estate and has a proactive approach towards the day to day management, solving issues before they become a problem.

?Our focus is the improvement of property management which has previously been overlooked in terms of level of service, quality of marketing, landlord feedback, inspection commitment, rent reviews and maintenance savings.

?I know from personal experience that there is a lot to be desired when you start your search for a rental property, the photos are minimal and of poor quality, the agent opening the home for inspection often seems complacent and lacks the enthusiasm you receive when you are looking to buy and that shouldn?t be the case.

?Negotiation, sales, presentation and marketing are all services we look forward to offering within our property management department and Julie is ready and willing to help you make the most of your investment portfolio.?

If you feel your investments could be better managed, call 0455 335 557 to speak with Julie.

Source: http://www.surfcoasttimes.com.au/mycoastalproperty/industryinformation/2013/05/27/raising-the-bar-in-property-management/

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Senator: Fire commanders allowing sex assault (The Arizona Republic)

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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/308409528?client_source=feed&format=rss

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PFT: Jones wants everything from $100M Romo

haslamGetty Images

As Browns owner Jimmy Haslam periodically opts to talk confidently about the legal issues embroiling the truck-stop company he runs, the prosecutors assigned to the case have remained eerily silent.

Eventually, they?ll speak via indictments and, ultimately, evidence introduced at trial.? Haslam?s tightrope routine, balancing his company?s business interests against his personal legal predicament, has created the impression that, yes, something happened but that, no, he?s not responsible for it.

Whatever happened, David Lewen and Francis ?Trey? Hamilton are working to get to the bottom of it.? As explained by John Caniglia of the Cleveland Plain Dealer, the pair of young, aggressive prosecutors quietly are leading the investigation.

?They?re excellent prosecutors, very knowledgeable and very diligent,? said Hugh Ward, a defense lawyer who previously worked with both men in the Knoxville U.S. Attorney?s office.? ?Both are good people, personally.? They?re top of the line.?

Lewen, 37, has prosecuted drug crimes involving complex hierarchies.? Hamilton, 41, prosecutes white-collar crime, like the ones that eventually could be alleged against multiple employees of Pilot Flying J.

John Sammon, a former IRS agent and retired federal prosecutor, explained the key similarity between complex drug crimes and white-collar prosecutions:? ?You work from the bottom to the top.?

With one Pilot Flying J employee already quoted in an affidavit as saying Haslam knew about the alleged rebate/discount scam, the prosecutors could be searching for and/or piecing together evidence that would prove conclusively that Haslam or other key employees at the precipice of the Pilot Flying J pyramid either condoned the alleged fraud or ordered it.

And that possibility should send a chill from the bottom to the top of Haslam?s spine.

Source: http://profootballtalk.nbcsports.com/2013/05/25/jerry-jones-i-paid-romo-100-million-so-i-want-everything/related/

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রবিবার, ২৬ মে, ২০১৩

BXR Motors Building Custom Hybrid Supercar | CleanTechnica

This post first appeared on Gas2
by Christopher DeMorro

blade-1

High-performance hybrid supercars are all the rage among the wealthy right now, despite the failure of companies like Fisker Automotive. One particular car design that caught my eye is the BXR Motors Bailey Blade EVR, a performance plug-in hybrid with some serious potential. Is this the Fisker 2.0?

Yes, and no. While the drivetrain in the Bailey Blade EVR (currently still a one-off custom car) utilizes a similar turbocharged gas engine and an electric motor, there are some key differences between Fisker and Blade. For one, the Blade has an estimated curb weight of just 2,800 pounds, about half what the Fisker Karma weighed.

Then again, the Blade EVR also claims to have a battery pack with 200 kWh of capacity. I am going to assume that is a misprint, and is actually more like 20 kWh. The pure-electric Tesla Model S has a 85 kWh battery pack; a 200 kWh battery pack would be as big as the Blade EVR itself.

The combined output of the turbocharged 2.5 liter gas engine and single electric motor is said to be 500 horsepower and around 850 ft-lbs of torque, enough for a 0-60 mph time of just 4.5 seconds. Top speed is estimated to be in the 175 mph range, way faster than the Fisker could ever hope for.

blade-2

But what might really give the Bailey Blade EVR a chance to succeed is the fact that there will be a concentional, gas-powered model as well. Using either a supercharged or turbocharged Ford 5.0 V8, having both a conventional and hybrid model gives BXR Motors more flexibility than Fisker had. As Bob Lutz has shown, some Fisker owners are more than ready to give up their hybrid drivetrain for a simpler and more-powerful V8 engine.

The gas-powered Blade XTR will come first, with a debut tentatively slated for the November SEMA Show in Las Vegas. If the reception is warm enough, there could be a new plug-in hybrid performance car to fill the hole left by the Fisker Karma?and I for one wouldn?t mind. Can BXR build a better Fisker?

Source:?BXR Motors

Important Media Cross-Post (115 Posts)

CleanTechnica is one of 18 blogs in the Important Media blog network. With a bit of overlap in the topics we cover, we sometimes repost some of the great content published by our sister sites.


Source: http://cleantechnica.com/2013/05/25/bxr-motors-building-custom-hybrid-supercar/

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FDA warns of infections tied to Tennessee pharmacy

(AP) ? Government health officials are investigating cases involving patients who suffered complications after being injected with potentially contaminated medications made by a Tennessee specialty pharmacy.

The Food and Drug Administration said Friday the problems involve seven patients who received steroid injections from Main Street Family Pharmacy, a compounding pharmacy in Newbern, Tenn.

Tennessee health officials said the pharmacy has agreed to recall all of its sterile products, which are generally injectable prescription drugs. Officials from the FDA and the Tennessee Department of Health have been inspecting the Newbern pharmacy since Wednesday.

"The pharmacy staff and management have been cooperative," state regulators said in a news release.

An employee reached at Main Street Family Pharmacy on Friday afternoon could not immediately provide comment.

The injections contain methylprednisolone acetate, the same drug at the center of last year's deadly outbreak of fungal meningitis. More than 55 people have died and over 740 others have been sickened after receiving contaminated injections from a Massachusetts compounding pharmacy. The steroids are typically used to treat pain.

Federal authorities have identified five cases in Illinois and two more in North Carolina. The Illinois patients received injections at the Logan Primary Care clinic in the town of Herrin between Jan. 3 and Feb. 21., according to Illinois health officials.

All five patients from Illinois had skin infections in the hips and buttocks while at least one patient in North Carolina appears to have a fungal infection, according to the Centers for Disease Control and Prevention.

"There's no indication at this time of meningitis or other life threatening infection," said Joseph Perz, a health-care epidemiologist helping to lead the CDC's investigation.

The FDA recommends doctors stop using any sterile drugs distributed by the pharmacy immediately.

Main Street Family Pharmacy is a compounding pharmacy, which means it mixes custom formulations of drugs based on doctors' specifications. Compounding pharmacies have long operated in a legal gray area between state and federal regulations. Since last year's outbreak, the FDA has stepped up inspections of compounding pharmacies across the country, triggering several national recalls of potentially contaminated medications.

The Tennessee Department of Health said it's too early to tell how many people may have received the injections under scrutiny. According to pharmacy records the drug was shipped to medical facilities in 13 states: Alabama, Arkansas, California, Florida, Kentucky, Illinois, Louisiana, Mississippi, New Mexico, North Carolina, South Carolina, Tennessee and Texas

The Main Street Family Pharmacy was licensed by the Tennessee board of Pharmacy in 1985, and later licensed as a manufacturer and distributor in 2010.

Compounding pharmacies have long been overseen by state pharmacy boards, with regulations varying widely from state to state. Over the last 20 years some compounding pharmacies have grown into larger business, operating more like manufacturers by shipping thousands of doses of drugs across state lines. The FDA has occasionally tried to assert its authority over these operations, though it has repeatedly been challenged in court by pharmacy owners.

Legislation moving through Congress would give the FDA direct oversight over these so-called compounding manufacturers, with the aim of preventing future national outbreaks tied to compounded medications. While Republicans and Democrats in the Senate have coalesced around a bill, the House has not reached any such agreement.

___

Mike Stobbe contributed to this story from New York

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2013-05-24-Contaminated%20Injections/id-dd5b9b294c7442728f99d56abb7edb41

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GOP's Walker touts state ties during trip to Iowa

WEST DES MOINES, Iowa (AP) -- Scott Walker tried to introduce himself to Iowa Republicans Thursday as so many would-be presidential candidates often do ? one of their own.

After all, the Wisconsin governor weighing a 2016 bid for president spent seven years as a young child living in Plainfield, a tiny town in northeast Iowa Walker referred to a half-dozen times during a 40 minute speech at a Republican fundraiser.

More broadly, the rising GOP figure prescribed what he characterized as a Midwestern approach to politics and the way for Republicans, back-to-back White House losers, to win again.

"I would encourage us all to be more optimistic, more relevant and more courageous," Walker told 600 GOP activists in a suburban Des Moines hotel ballroom. "I think when we do, we win in Iowa, we win in Wisconsin, and all across this great country, and we transform this place we live in."

The first-term governor, who has won party acclaim for taking on unions and overcame a contentious recall election, has been raising his national profile with speeches to national Republican audiences in recent months and headlined fundraisers in New York and Connecticut this week.

Walker was making his first visit Thursday to the state that has traditionally held the first presidential caucuses. He was the keynote speaker at the Polk County Republican Party's annual spring fundraising dinner and also met privately with leaders at a separate fundraiser before the banquet.

The audience applauded when he noted during the speech how he won a larger victory in defeating Democratic Mayor Tom Barrett of Milwaukee during the recall vote last year than he did in his 2010 election. They cheered again when he described the budget surplus Wisconsin has today, compared with the $3.6 billion deficit in place when he took office.

"Scott Walker is a great example of a courageous governor who made the tough decisions and has the state going in the right direction," said Iowa Gov. Terry Branstad, a Republican who attended the event.

Walker opponents, including some who traveled from Milwaukee, said earlier Thursday that Walker had overpromised the number of jobs he would bring in. Wisconsin's unemployment has dropped during his time in office, albeit less dramatically than in other Midwestern states such as Michigan and Ohio.

Walker kept returning in his remarks to his time in Iowa, as a boy, and the son of a Baptist minister. Walker moved to southern Wisconsin when he was 10.

He ticked through the name of a former teacher, a neighbor and the state legislator-turned congressman, "a farmer down the way from us named Chuck Grassley." Grassley is now Iowa's senior U.S. senator, serving his sixth term.

Should he decide to run for president, Walker's Iowa ties and evangelical upbringing could serve him well in Iowa's Republican caucuses, where Christian conservatives make up an influential bloc.

Walker didn't touch social issues. Instead, he urged the party to reach out to voting blocs Republicans have struggled to win, such as Latinos. Walker trumpeted his success winning Hispanic-leaning precincts when he was Milwaukee County executive before being elected governor.

"We've got a message of opportunity and optimism. We've got to be willing to go to places that Republicans typically don't go," he said.

It's a style that works for Connie Schmett, a Des Moines-area Republican who contributed money to Walker's recall campaign and attended the event Thursday.

"He's like your brother, your neighbor," she said. "I've seen a lot of these guys. And he just seems like a good guy."

Source: http://news.yahoo.com/gops-walker-touts-state-ties-142902236.html

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