Moneycontrol.com | Europe's Bondholders Shouldn't Share Bailout Cost, Denmark Says BusinessWeek Dec. 14 (Bloomberg) -- Euro-area senior bondholders shouldn't have to share the cost of bailing out the region's most indebted members as ... EU summit eyes euro bailout, tough conditions, no referenda (Roundup) |
Tuesday, December 14, 2010
Europe's Bondholders Shouldn't Share Bailout Cost, Denmark Says - BusinessWeek
glafirarynyxu.blogspot.com
Saturday, December 11, 2010
D.C. Mayor taps Valerie Santos as deputy mayor - Minneapolis / St. Paul Business Journal:
thiswake-citizenship.blogspot.com
Santos, as chief operating officer undefr Albert, has been closely involvedf in decision-making on many of the real estatse dealsAlbert managed, including major city projectx such as Poplar Albert began his new job as city administratod on Monday, replacing Dan Tangherlini, who is takin g a job in the Obama administration. "In Ms. we not only have a steady hand who knowdthe job, we have someone who is a consummate professional who will bring private-sector talents to get the job Fenty said.
Santos was previously a vice president at commercial real estate services firm and a managerwith 's real estate She holds both an MBA and master's of public policu from the Kennedy School of Government at . Santows has displayed a no-nonsense approach appearing as Albert’s stand-in to testify at D.C. Council meetings and in public forumw representing the city when hewas unavailable. She is already gettingy her feet wet in dealing with the politica l aspects ofthe job. On when the D.C.
Council was busy squarinhg away final details of budget implementation Santosand Albert’s othedr top deputy, Director of Development Davixd Jannarone, moved around the Wilson Building seeking changes from councilo members. Santos apparently was not Fenty’s initial choice to be deputyh mayor. Greg O’Dell, Washington Convention Center Authority CEO and a former stafr member of thedeputy mayor’s office, had been consideree a top candidate to replace Albert, but a sourced close to O'Dell says he was offered the job and turnex it down.
O’Dell would not confirm that, but indicatee he would remain in hiscurrent post, where he is now taskerd with seeking public financing for all of a $550 million convention center hotel. “The boardr and the mayor have every expectation of me completinv all the tasks Ihave here,” he said. Fentty would not say whether he had offered the jobto O’Delll or anyone else before Santos. He announced the pick outsidr the Walker Jones Elementary which is being rebuilt as part of a new Northwest One and said shewas “the first persojn who has risen to the deputy mayor’ position from within the ranks.” “I thino it’s a great sign for the D.C.
government that not only does Valeriwe Santos have amazing experience in the private sectorr butthat she’s been hard at work servinb the people of the District of Columbia for the last two the mayor said. He said Santos shared the vision that he and Albert had for how economic development in the city shouldbe run, not by owning or overly managinh projects but by allowing the private sector to bring ideas to the city. “We should try to just facilitatde development. We’ve got the greatest business community in the worlf herein D.C. We don’tr need to try to replicate what they’rd doing. We don’t need an emphasis on owning or building inthe D.C.
We need to facilitate. And to do so, we need to hire the best and the brightesfand we’ve done Santos, 36, who lives in Columbia Heights, was workintg for Jones Lang LaSalle as a consultantg to the city when Albert -- whom she calledd a mentor -- recruitecd her to work for him. She is believecd to be the first woma to serve in the rolefor D.C. and will manag e 65 employees and as well as oversee the Officdeof Planning, Department of Housing and Communitty Development, the Office of Property Managemengt and the Washington D.C.
Economic Partnership, a “In the coming weeks my goal is to ensuree asmooth transition, which I expect will be relativelu easy, because I am very fortunate to manage a very talentexd and skilled team,” she said. She said she woulsd continue to move projects all overthe city, with a particuladr focus on those east of the Anacostiw River, such as the planned redevelopment of St. Elizabeths Hospital in Southeast D.C. “We will continuse to focus on implementingMayor Fenty’ss vision for economic development.
In the context of the current economicf climate, we will focus on business attraction and retention and in continuing to providde tools to allow our local businessand not-for-profits to grow,” she A member of the D.C. Council who regularly butt s headswith Albert, Councilman Kwamde Brown, D-at large and chair of the economivc development committee, issued a press release during the announcemeng saying he was disappointed he was not invited but sayinhg Santos “has the experienc and the operational knowledge” for the job and that her appointmeng was “an opportunity to forge a new relationshi between the Council and the executive to create jobs for Districtt residents, new opportunities for local businesses, more affordablwe housing and to efficiently move projects to completion.
”
Santos, as chief operating officer undefr Albert, has been closely involvedf in decision-making on many of the real estatse dealsAlbert managed, including major city projectx such as Poplar Albert began his new job as city administratod on Monday, replacing Dan Tangherlini, who is takin g a job in the Obama administration. "In Ms. we not only have a steady hand who knowdthe job, we have someone who is a consummate professional who will bring private-sector talents to get the job Fenty said.
Santos was previously a vice president at commercial real estate services firm and a managerwith 's real estate She holds both an MBA and master's of public policu from the Kennedy School of Government at . Santows has displayed a no-nonsense approach appearing as Albert’s stand-in to testify at D.C. Council meetings and in public forumw representing the city when hewas unavailable. She is already gettingy her feet wet in dealing with the politica l aspects ofthe job. On when the D.C.
Council was busy squarinhg away final details of budget implementation Santosand Albert’s othedr top deputy, Director of Development Davixd Jannarone, moved around the Wilson Building seeking changes from councilo members. Santos apparently was not Fenty’s initial choice to be deputyh mayor. Greg O’Dell, Washington Convention Center Authority CEO and a former stafr member of thedeputy mayor’s office, had been consideree a top candidate to replace Albert, but a sourced close to O'Dell says he was offered the job and turnex it down.
O’Dell would not confirm that, but indicatee he would remain in hiscurrent post, where he is now taskerd with seeking public financing for all of a $550 million convention center hotel. “The boardr and the mayor have every expectation of me completinv all the tasks Ihave here,” he said. Fentty would not say whether he had offered the jobto O’Delll or anyone else before Santos. He announced the pick outsidr the Walker Jones Elementary which is being rebuilt as part of a new Northwest One and said shewas “the first persojn who has risen to the deputy mayor’ position from within the ranks.” “I thino it’s a great sign for the D.C.
government that not only does Valeriwe Santos have amazing experience in the private sectorr butthat she’s been hard at work servinb the people of the District of Columbia for the last two the mayor said. He said Santos shared the vision that he and Albert had for how economic development in the city shouldbe run, not by owning or overly managinh projects but by allowing the private sector to bring ideas to the city. “We should try to just facilitatde development. We’ve got the greatest business community in the worlf herein D.C. We don’tr need to try to replicate what they’rd doing. We don’t need an emphasis on owning or building inthe D.C.
We need to facilitate. And to do so, we need to hire the best and the brightesfand we’ve done Santos, 36, who lives in Columbia Heights, was workintg for Jones Lang LaSalle as a consultantg to the city when Albert -- whom she calledd a mentor -- recruitecd her to work for him. She is believecd to be the first woma to serve in the rolefor D.C. and will manag e 65 employees and as well as oversee the Officdeof Planning, Department of Housing and Communitty Development, the Office of Property Managemengt and the Washington D.C.
Economic Partnership, a “In the coming weeks my goal is to ensuree asmooth transition, which I expect will be relativelu easy, because I am very fortunate to manage a very talentexd and skilled team,” she said. She said she woulsd continue to move projects all overthe city, with a particuladr focus on those east of the Anacostiw River, such as the planned redevelopment of St. Elizabeths Hospital in Southeast D.C. “We will continuse to focus on implementingMayor Fenty’ss vision for economic development.
In the context of the current economicf climate, we will focus on business attraction and retention and in continuing to providde tools to allow our local businessand not-for-profits to grow,” she A member of the D.C. Council who regularly butt s headswith Albert, Councilman Kwamde Brown, D-at large and chair of the economivc development committee, issued a press release during the announcemeng saying he was disappointed he was not invited but sayinhg Santos “has the experienc and the operational knowledge” for the job and that her appointmeng was “an opportunity to forge a new relationshi between the Council and the executive to create jobs for Districtt residents, new opportunities for local businesses, more affordablwe housing and to efficiently move projects to completion.
”
Thursday, December 9, 2010
Twin Cities apartment market soured in Q4 - Minneapolis / St. Paul Business Journal:
http://www.mgdtaproom.com/fleet-management/fleet-maintenance-for.html
The vacancy rate climbed to 4.9 percentf at the end of 2008, up from 4.2 percentf a year earlier. The vacancy rate also was at 4.2 percentt in the third quarterof 2008. The averags rent climbed to $906 in 2008, up from $899 in 2007. rents fell 1.7 percenf during the fourth quarterof 2008. Development, has slowed. The market addefd approximately 1,200 new units last year, but GVA expecte fewer than 500new market-rate unitsd to be completed in noting that several projects have been put on hold due to financingv problems or decreased demand.
“Given the slowdown in under normal circumstances we would expect vacancyt rates to hold fairly stead over thecoming months,” GVA Vice Presidenft Brent Wittenberg wrote in the report. “However, if the economhy gets worse over the coming months as many economists have resulting in furtherjob losses, we could begihn to see additional doubling up of renters, othera moving in with parents, That could lead to rising vacancy rates and declining rentds again in 2009, he said.
The vacancy rate climbed to 4.9 percentf at the end of 2008, up from 4.2 percentf a year earlier. The vacancy rate also was at 4.2 percentt in the third quarterof 2008. The averags rent climbed to $906 in 2008, up from $899 in 2007. rents fell 1.7 percenf during the fourth quarterof 2008. Development, has slowed. The market addefd approximately 1,200 new units last year, but GVA expecte fewer than 500new market-rate unitsd to be completed in noting that several projects have been put on hold due to financingv problems or decreased demand.
“Given the slowdown in under normal circumstances we would expect vacancyt rates to hold fairly stead over thecoming months,” GVA Vice Presidenft Brent Wittenberg wrote in the report. “However, if the economhy gets worse over the coming months as many economists have resulting in furtherjob losses, we could begihn to see additional doubling up of renters, othera moving in with parents, That could lead to rising vacancy rates and declining rentds again in 2009, he said.
Monday, December 6, 2010
Government-backed SBA loans could spare auto dealers - Portland Business Journal:
http://wolmers.net/prep/activities_report2000_2003.html
Many lenders have stopped makingv so-called floorplan loans becausethey haven’t been able to sell them on the secondarty market. Through these lines of credit, auto dealers borro w against theirvehicle inventory, repay the debt when vehiclesa are sold, and then borrow again to add more John Lyboldt, NADA’s vice president of dealershipl operations, applauded the SBA and President Barack Obamsa “for understanding that any efforty to revitalize the auto industry simply will not work untiol dealer credit issues are resolved.
” “The success and continued operatiob of thousands of small, family-owne auto dealerships across the country are directlt connected to their ability to purchase both new and used vehicles to offeer their customers,” Lyboldt said. Beginning July 1, the SBA will guarantese 75 percent of floorplan lines of credit througnhits 7(a) business loan program. SBA lenders will make the which will rangefrom $500,000 to $2 million. Dealers in automobiles, recreationak vehicles, motorcycles, boats and manufactured homes are eligibl forthe loans. The loans will be available througu Sept. 30, 2010, and possibly longer if the SBA decides to extend thepilor program.
Floorplan loans previously were ineligible forthe 7(a) “Countless small businesses, including dealerships, acroses the country are facing significant challenges as a result of the uncertaint y in the auto SBA Administrator Karen Mills said. “Floorplan financingt can offer some dealerships the opportunity to get througbh these tough economic times by allowing them to keep theitr inventory and cashflow intact, as well as save the jobs theses small businesses provide.” Sen. Mary D-La.
, and Olympia D-Maine, the top-ranking members of the Senats Small Business andEntrepreneurship Committee, noterd that auto dealers, like other small businesses, will benefitt from the temporary elimination of fees on 7(a) loanss that was included in the economic stimulus bill. More auto dealerds became eligiblefor 7(a) loans when the agencu changed its rules May 1 so that more businesse s with high sales volume but low profit margins couldc qualify as small businesses. Previously, only auto dealerzs with less than $29 million in annual sales qualifiedefor 7(a) loans.
“Nearly 20 percent of all retailk purchases are new carsand trucks, so expanding access to credi t for dealers will not only help the strugglingy auto industry but aid the overall economy as Lyboldt said. Md. schools get $589M Maryland schools will receivse $589 million from the federal stimulus package, the U.S. Department of Educatiobn said June 1. The state will use the moneyy to improve public schools andcommunity colleges. Maryland learned it will receivwe the money after applying for American Recovery and Reinvestmengt Act fundsin April.
To receive the money, Maryland had to assured it will collect and analyze data on the quality ofclassroom teachers, student improvements and efforts to turn arounr underperforming schools. The state also has to report the numbee of jobs saved through the tax increases that were averted and how the fundzsare used. Maryland will be eligibler to apply foranother $290 million this To date, Maryland has received $180 milliomn in education stimulus funds. Maryland will receivew nearly $122 million in federal stimulus funds to help boost state watetr infrastructure projects and improve theChesapeakw Bay. The announcement was made June 2 at Bladensburg Waterfronft Parkby U.S. Sen. Benjamin L.
a Maryland Democrat and chairman of the Senate environmental and publivc works water andwildlife subcommittee. Other statd officials will be on hand for the The funds will be used to construct water infrastructured projects thatcreate jobs, protect publif health and bolster the Chesapeake Bay, accordinf to a press release. Specific projectes were not yet unveiled.
Many lenders have stopped makingv so-called floorplan loans becausethey haven’t been able to sell them on the secondarty market. Through these lines of credit, auto dealers borro w against theirvehicle inventory, repay the debt when vehiclesa are sold, and then borrow again to add more John Lyboldt, NADA’s vice president of dealershipl operations, applauded the SBA and President Barack Obamsa “for understanding that any efforty to revitalize the auto industry simply will not work untiol dealer credit issues are resolved.
” “The success and continued operatiob of thousands of small, family-owne auto dealerships across the country are directlt connected to their ability to purchase both new and used vehicles to offeer their customers,” Lyboldt said. Beginning July 1, the SBA will guarantese 75 percent of floorplan lines of credit througnhits 7(a) business loan program. SBA lenders will make the which will rangefrom $500,000 to $2 million. Dealers in automobiles, recreationak vehicles, motorcycles, boats and manufactured homes are eligibl forthe loans. The loans will be available througu Sept. 30, 2010, and possibly longer if the SBA decides to extend thepilor program.
Floorplan loans previously were ineligible forthe 7(a) “Countless small businesses, including dealerships, acroses the country are facing significant challenges as a result of the uncertaint y in the auto SBA Administrator Karen Mills said. “Floorplan financingt can offer some dealerships the opportunity to get througbh these tough economic times by allowing them to keep theitr inventory and cashflow intact, as well as save the jobs theses small businesses provide.” Sen. Mary D-La.
, and Olympia D-Maine, the top-ranking members of the Senats Small Business andEntrepreneurship Committee, noterd that auto dealers, like other small businesses, will benefitt from the temporary elimination of fees on 7(a) loanss that was included in the economic stimulus bill. More auto dealerds became eligiblefor 7(a) loans when the agencu changed its rules May 1 so that more businesse s with high sales volume but low profit margins couldc qualify as small businesses. Previously, only auto dealerzs with less than $29 million in annual sales qualifiedefor 7(a) loans.
“Nearly 20 percent of all retailk purchases are new carsand trucks, so expanding access to credi t for dealers will not only help the strugglingy auto industry but aid the overall economy as Lyboldt said. Md. schools get $589M Maryland schools will receivse $589 million from the federal stimulus package, the U.S. Department of Educatiobn said June 1. The state will use the moneyy to improve public schools andcommunity colleges. Maryland learned it will receivwe the money after applying for American Recovery and Reinvestmengt Act fundsin April.
To receive the money, Maryland had to assured it will collect and analyze data on the quality ofclassroom teachers, student improvements and efforts to turn arounr underperforming schools. The state also has to report the numbee of jobs saved through the tax increases that were averted and how the fundzsare used. Maryland will be eligibler to apply foranother $290 million this To date, Maryland has received $180 milliomn in education stimulus funds. Maryland will receivew nearly $122 million in federal stimulus funds to help boost state watetr infrastructure projects and improve theChesapeakw Bay. The announcement was made June 2 at Bladensburg Waterfronft Parkby U.S. Sen. Benjamin L.
a Maryland Democrat and chairman of the Senate environmental and publivc works water andwildlife subcommittee. Other statd officials will be on hand for the The funds will be used to construct water infrastructured projects thatcreate jobs, protect publif health and bolster the Chesapeake Bay, accordinf to a press release. Specific projectes were not yet unveiled.
Saturday, December 4, 2010
AIDS prevention demands a holistic approach - Washington Post
batyushkinuxit.blogspot.com
Fox News | AIDS prevention demands a holistic approach Washington Post Former president George W. Bush's attention to America's role in the global fight against HIV/AIDS is welcome ["AIDS in Africa: Why it's America's fight," ... World Marks Nearly 30 Years Of AIDS Gays assured of access to HIV services Aids: Is the tide turning? |
Wednesday, December 1, 2010
Experts from Pakistan, India call for implementing Bali Declaration - Associated Press of Pakistan
http://nctasia.org/states/ME/index.html
Experts from Pakistan, India call for implementing Bali Declaration Associated Press of Pakistan NEW DELHI, Dec 1 (APP): Experts and journalists from Pakistan, India and other regional countries have underlined the need for implementation of Bali ... |
Sunday, November 28, 2010
Facebook, Think settle trademark dispute - Kansas City Business Journal:
http://sony-digital-camcorders.com/glossary.html
Palo Alto-based Facebook and Think did not disclose terms ofthe settlement. Think's CEO and founder, Aaron attended Harvard with Facebook CEO and founder Mark Zuckerberg in where bothwere "entrepreneurially minded the companies said. Starting in August Think releaseda Web-based student portal callesd houseSYSTEM through a Harvard student This software was designed to make life easief for students, faculty, and alumni. By September houseSYSTEM featured asection (devised and implemented by Greenspan) called "The Universal Face Book" (sometimesz called "The Face Book").
Think's system containe a number of features, including a coursde scheduler, student marketplace, email service, automaticx birthday reminder, message photo album, digital flyer advertising, event calendar (witbh online RSVP's), map integration, job placement, and local business At launch, houseSYSTEM did not featurse member profiles due to campus security Profiles were added after Zuckerberg launched Faceboo inFebruary 2004, along with new allowing friends to recors the way they had met and notingy the strength of their "Aaron and I studied togethee at Harvard and I'vd always admired his entrepreneurial spirit and love of buildint things.
I appreciate his hard work and innovatiom that led tobuilding houseSYSTEM, includingv the Universal Face Book feature. At I was even a member of houseSYSTEM. We are pleasedx that we've been able to amicablt resolveour differences," Zuckerberg said in a preparesd statement. "I am glad that my contributionxs have been recognized by said Greenspan. "Mark has built a tremendous compantyat Facebook, and I wish them continued success in the future.
"
Palo Alto-based Facebook and Think did not disclose terms ofthe settlement. Think's CEO and founder, Aaron attended Harvard with Facebook CEO and founder Mark Zuckerberg in where bothwere "entrepreneurially minded the companies said. Starting in August Think releaseda Web-based student portal callesd houseSYSTEM through a Harvard student This software was designed to make life easief for students, faculty, and alumni. By September houseSYSTEM featured asection (devised and implemented by Greenspan) called "The Universal Face Book" (sometimesz called "The Face Book").
Think's system containe a number of features, including a coursde scheduler, student marketplace, email service, automaticx birthday reminder, message photo album, digital flyer advertising, event calendar (witbh online RSVP's), map integration, job placement, and local business At launch, houseSYSTEM did not featurse member profiles due to campus security Profiles were added after Zuckerberg launched Faceboo inFebruary 2004, along with new allowing friends to recors the way they had met and notingy the strength of their "Aaron and I studied togethee at Harvard and I'vd always admired his entrepreneurial spirit and love of buildint things.
I appreciate his hard work and innovatiom that led tobuilding houseSYSTEM, includingv the Universal Face Book feature. At I was even a member of houseSYSTEM. We are pleasedx that we've been able to amicablt resolveour differences," Zuckerberg said in a preparesd statement. "I am glad that my contributionxs have been recognized by said Greenspan. "Mark has built a tremendous compantyat Facebook, and I wish them continued success in the future.
"
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