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BP: Plug for underwater oil leak in Gulf of Mexico fails

Sunday, May 30, 2010

The top kill procedure implemented by BP on the leaking Deepwater Horizon oil well on Wednesday has failed. According to David Suttles, BP’s chief operating officer, “We have been unable to overcome the flow.” Suttles stated that after studying three days of results, BP determined that the procedure was a failure.

On Wednesday, BP began pumping mud into the leaking well, a procedure known as top kill. BP chief executive Tony Howard said it would take at least 24 hours to determine if the procedure was successful. The procedure has worked before in surface situations, but was not previously attempted at 5,000 feet underwater.

The procedure involves pumping heavyweight drilling mud from the surface through a drill pipe, which directs the mud into a manifold lying on the sea bed. From the manifold, the mud is pumped into the blowout preventer, which is sitting on the well.

BP says it pumped 30,000 barrels of mud into the well at rates of up to 80 barrels a minute. After three attempts, the well was still leaking.

The next option, the sixth, is called the Lower Marine Riser Package (LMRP) Cap containment system. This procedure involves a ROV using a saw to cut off the leaking pipe and place a cap on the pipe. The LMRP Cap is at the scene and the procedure is expected to take four days to complete.

In New Orleans hundreds gathered in protest, calling for a fast stop to the spill and greater efforts to mitigate its ecological and economic effects.

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Feb
18

Small Start Up Business Loans: The Financial Support Every New Venture Needs

Small start up business loans: the financial support every new venture needs by Barry JonesThe present generation is a smart and savvy lot, giving rise to an intelligent crop of young entrepreneurs. However, any business needs not only the entrepreneur’s vision, but also sufficient financial resources to make a good start and lay a strong foundation for the business. If you too, are looking for the right financial support for your start up business, then the good news is that there are many financial institutions willing to back a solid business plan. The small start up business loans, are therefore, the latest tool in the hands of any daring entrepreneur willing to take a calculated risk. The only criteria should be to find a reliable lender to provide you with a business loan and the rest will easily follow.The primary finance needs of a business are for its working and fixed capital. The small start up business loans are the perfect way to get access to such funds to meet every requirement of your new venture. Be it buying space or setting up a plant, purchasing machinery or even for buying raw material, the necessary funds can be provided by the business loans easily. Also, a business needs sufficient cash to provide for the day to day transactions. The business loans can also be taken by any business owner to provide for such ready access to working capital, till the time the business breaks even and starts to cover its own expenses. Again, as traditional financial institutions like banks, view a start up venture as high risk, it may be a more convenient option to apply for the small start up business loans.The small start up business loans are also a feasible option for different categories of business owners like those with a bad credit history, existing bad debts and even minorities. Women entrepreneurs can get special incentives and can opt for different schemes to further facilitate their business venture. It may also make better sense to apply for these business loans, rather than being financed venture capitalists, if you do not want them to own upto as much as 90% of your business. Hence, if you too are planning on starting your own business venture, then make sure you look into the feasible options of applying for these small business loans.Most of the financial lenders offering such small start up business loans, have their own online website on the Internet. The websites are often the best source of information for any potential borrower, trying to find out the nature and terms and conditions of these loans. Do your homework well and compare the various rates of interest available to you, from various lenders and then opt for a lender who is reliable and commands a strong reputation in the market. The online processing facility of these loans, make them an even better option for any individual who wants to avoid lengthy paperwork and intensive verification. So, if you have a dream and an idea to fulfill it, go for a small business and let the right kind of loan option make the journey much easier for you.Barry Jones is a financial expert dealing with business loans, who provides counseling and expert knowledge on business loans UK. To know more about unsecured business loans, small start up business loans, woman business loans and secured business loans visit businessloansintheuk.co.uk Article Source: eArticlesOnline.com

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Feb
17

Ford Motors posts US$2.7 billion annual profit

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Ford Motors posts US$2.7 billion annual profit

Thursday, January 28, 2010

Ford Motors Co., the automobile manufacturing firm, has posted an annual profit for the last year of US$2.7 billion, the first gain for four years.

The statistics are an improvement from 2008, when the car company posted a loss of close to $15 billion. For the final quarter of 2009, Ford says it made profits of $868 million, and expects to continue to be profitable this year. The company had cut its costs to $118.3 billion last year, $19.8 billion than the year previous. Ford had a $34.3 billion debt at the end of 2009.

In the fourth quarter, Ford brand sales were up thirteen percent compared to the same time in 2008 in the US, and obtained 15.3% of the automobile market in the country.

The firm’s president and chief executive, Alan Mulally, commented on the profits. “While we still face significant challenges ahead, 2009 was a pivotal year for Ford and the strongest proof yet that our One Ford plan is working and that we are forging a path toward profitable growth,” he said, adding that “global economic conditions are reviving but remain fragile.”

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Feb
17

Israeli group announces anti-semitic cartoons contest">
Israeli group announces anti-semitic cartoons contest

Tuesday, February 14, 2006

In response to the Iranian newspaper Hamshari’s announcement of an anti-semitic cartoon contest inspired by the Jyllands Posten Muhammad cartoons controversy, an Israeli group announced its own anti-semitic cartoon contest yesterday, open to Jewish cartoonists only.

From their February 13 release:

Amitai Sandy (29), graphic artist and publisher of Dimona Comix Publishing, from Tel-Aviv, Israel, has followed the unfolding of the “Muhammad cartoon-gate” events in amazement, until finally he came up with the right answer to all this insanity – and so he announced today the launch of a new anti-Semitic cartoons contest – this time drawn by Jews themselves!
Mr. Sandy said, “We’ll show the world we can do the best, sharpest, most offensive Jew hating cartoons ever published!” :said Sandy “No Iranian will beat us on our home turf!”

Already organizers have received mixed responses to their contest and have published a number of them, including the following:

“This is a fantastic idea: A people or religion that can laugh at itself is a confident, strong and self secure. It can show the Islamic world that humor and self deprecation is a healthy psychological exercise. The one who can face his demons can overcome his weaknesses”
Ash, NJ
“I know that unemployment is low in Israel, but does not justify your new venture. This will be my last time visiting your site, and assure you, that this business will not succeed.
the next time you start a new venture, please try to focus on what good will your product deliver to anyone. in your case it only makes me sad to see Israelis like you turn against an entire nation to make an extra buck. You are a LOOSER!”

Not hesitating to set an example, the group has adopted three logos showing three anti-semitic figures. They set a deadline of March 5, 2006 but due to an unexpectedly large response are considering extending it.

Amitai Sandy was interviewed on 16 February 2006 by the National Public Radio program Fresh Air.

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Feb
17

Causes For Memory Loss}

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Causes for Memory Loss

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Mike HermanTo maintain normal function, the brain must receive a certain combination of nutrients and oxygen in order to serve you properly, and that includes general health down to remembering where you left your keys.But the brain needs more than that to maintain your memory. It also needs neurotransmitters and the nutrients that help them function and as well as protection from a variety of environmental toxins.Specifically, in order to maintain proper brain health and a good memory, you must have enough B vitamins and amino acids. Even if you take supplements, if you have a high amount of cholesterol and triglycerides in your blood, then you lose the benefits of these nutrients. These are blockers to blood flow and the blood is the only way for your nutrients to get to the brain. When your brain is deprived the blood and nutrients it needs, the health of your memory suffers.Have you ever been in the middle of a sentence and had the word you were about to say escape you? This could be your brain giving you a hint that it needs more nutrients.These nutrients directly support the neurotransmitters that are like electrical connections in the brain, helping you pass impulses and information back and forth to where they need to be.Aging, also, affects memory loss, but there are other conditions that may speed up aging, which in turn, debilitates your memory and may include diseases such as Alzheimer’s and forms of dementia. Health issues like allergies, candidiasis, stress, thyroid problems, hypoglycemia, and diabetes affect aging and memory loss directly. Alcohol, drugs, environmental toxins like free radicals contribute to these conditions and can also affect memory loss directly as well.The following ten questions form part of a common test as they cover both the short and the long term memory and also test for orientation as well. How old are you? What is your date of birth? What day is it today? What month are we in? What year is it? When was the first world war? What is the name of the President / Prime Minister? Where are you now? Can you please count backwards from 20 to 1? Tell them an address, then ask them to repeat it back to you after five minutes.Although the test is deceptively easy it is also very useful as it’s quick, cheap, non-evasive and helps diagnose Alzheimer’s disease or dementia and gives an indication of the areas in the patient’s memory that may be affected. To combat memory loss, eat well and drink lots of water. Rest, exercise, and avoid smoking, drugs, and excessive amounts alcohol. Stay away from stress and if your memory loss continues, consult a doctor. The information you need to know About Alzheimer’s and the different forms of dementia. The risks, symptoms, potential causes, stages, available treatments, and more about Alzheimer’s and Dementia Symptoms

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eArticlesOnline.com}

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Feb
17

Google News seeks patent for search system that returns ‘quality’ links">
Google News seeks patent for search system that returns ‘quality’ links

Tuesday, May 10, 2005

Google News submitted patent applications both in the United States and world-wide in September 2003 for a system of ranking search returns. The patent protection filings seek to control Google’s approach that filters headlines through a complicated algorithm, including the quality of the news organization. How much of this system is currently in use by the search engine giant is unknown.

Primitive search engines are expected to organically evaluate links based on how closely the keywords typed in the search field match an object link, and how many other links are attached to the object. Then a measure of relevance is calculated before returning a reply.

It seems some measure of the work being done at Google is a reaction to search engine optimization (SEO) campaigns which can, if done effectively, skew results to certain domains. A challenge for Google is to develop its technology to nullify efforts on the dark side of SEO and link-spamming.

What also seems to be coming out from this, according to research from the Internet Search Engine Database, is that Google does indeed have a ‘sandbox’ where domains are evaluated first by a human factor before being released into its algorithms.

In its first ever Securities and Exchange Commission filing since the company went public last year, Google indicated that it intends to spend US$500 million on technology development, more than double the $177 million it spent two years ago.

The language used in the lengthy patent application itself is difficult to understand. An excellent article titled “Google United – Google Patent Examined” found below, describes some of the nuts and bolts of Google’s techniques.

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Feb
17

South Korea: Fire in hospital housing elderly people kills at least 37">
South Korea: Fire in hospital housing elderly people kills at least 37

Friday, January 26, 2018

Fire broke out on Friday morning and destroyed the bottom two floors of a six-story hospital in Miryang, South Korea, killing at least 37 people, most of them elderly. More than a hundred injuries were reported, with eighteen people in critical condition. This is the highest death toll from fire in South Korea in almost a decade.

The fire is believed to have started at about 7:30 local time, according to fire chief Choi Man-woo. It originated on the ground floor in the emergency room as per various officials. The hospital has 98 beds and a medical staff of about 35, and specializes in long-term care of elderly patients. It adjoins a nursing home, all of whose 94 residents were evacuated. Staff carried some patients out of the hospital on their backs.

One patient, Jang Yeong-jae, who told his story to JoongAng Ilbo, said he escaped by removing a screen from a window to get to a ladder placed by firefighters. He described people “running around in panic, falling over and screaming as smoke filled the rooms”. The majority of the victims died from smoke inhalation and are believed to be elderly, said the head of the city’s public hospital, Chun Jae-kyung. A doctor, a nurse, and a nursing assistant have died, according to the fire service; it took three hours to put out the fire.

In a press briefing, Seok Gyeong-sik, the director of the hospital, apologized to patients and their families. Son Kyung-chul, its chairman, stated that there were no sprinklers because the facility was small. Sprinklers are being installed in the nursing home, where a new law requires them by June 30.

Last month, 29 people died in a fire in a gym in Jecheon; the owner and the manager were arrested for safety violations. In 2014, a blaze in a nursing home in Jangseong left 21 dead. The President of South Korea, Moon Jae-in, responded to the Friday fire by calling an emergency meeting of his staff, and promised that the cause would be found rapidly “to prevent the recurrence of the fire in the future”.

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Feb
17

CEO of GM outlines plan for “New GM” after auto company declared bankruptcy">
CEO of GM outlines plan for “New GM” after auto company declared bankruptcy

Thursday, June 4, 2009

In a New York press conference at 16:15 UTC, June 1st, Fritz Henderson, the Chief Executive Officer of General Motors, which filed for bankruptcy and Chapter 11 protection from its creditors earlier today, outlined a plan for what he called a “New GM”.

Speaking to the press under safe harbor provisions of U.S. law, Henderson described the events of today as a “defining moment” in the history of General Motors. Speaking to the public he said that “The GM that let you down is history,” and described a “New GM” that he expected to result from the bankruptcy process.

Henderson stated that he envisioned the bankruptcy process would take between 60 and 90 days. He stressed several times his view that the process would be one that is executed quickly, saying that not just a sense of urgency but “pure unadulterated speed” was his expectation of the process. He emphasized that “GM remains open for business” during the bankruptcy period, continuing to sell and to support its products, and that day one motions had been filed in the bankruptcy court in order to allow this.

Regarding the bankruptcy process he said, “We will do it right. And we will do it once.”

He stated that the plan for General Motors had the support of the United Auto Workers union, the Canadian Auto Workers union, the GM VEBA, and a majority of the unsecured bondholders of GM. He also mentioned that GM had already received €1.5 million in bridge financing from the German government.

In response to questions about the possibility of the United States federal government, a majority shareholder in the restructured company, dictating future product development and strategy, such as the sale of more fuel-efficient and green vehicles; he first observed that the federal government had already stated to him that it had “no real interest in running our business” and that he expected that still to be his job. Of the specific hypothetical scenario where the management of GM wants to make one type of car, because it thinks that it is the right thing for the business, and the U.S. government wants to make another type of car, he stated that “I don’t think it’s going to happen.” Expanding on that point he stated that he expected the “New GM” to focus upon “highly fuel-efficient and green technology”, and that operating both in accordance with U.S. environmental laws and in response to customer demand would naturally result in the New GM producing the types of vehicles that the U.S. government would encourage.

The “New GM” he also expected to focus on “four core brands”, and will size its dealership to match that. He stated that GM would offer a “deferred termination” package to dealers, to allow them to cease dealing in GM vehicles in a managed and gradual way.

He stated that the bankruptcy filings did not cover General Motors’ businesses in Latin America, Europe and the Middle East, and Asia and the Pacific. Of GM’s profitable ventures in China, specifically, he stated that they were “a critical part of the New GM”. In response to questions of whether the New GM would import cars from China to the U.S., he stated the formative company’s core principle that “We build where we sell” applied in both directions, with GM building in China to sell in China and building in the U.S. to sell in the U.S., stating that this shortened supply chains.

He declined to predict when the New GM would return to profitability, stating that the goal was rather to lower the break-even EBIT point for the company. He also declined to speculate upon when the U.S. government would sell its stake in the company, saying that that was a question “better addressed to the U.S. Treasury”, and merely saying that he expected it to be “years, not months” when the U.S. Treasury felt it would give “the right return for taxpayers.”

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Feb
17

Things To Keep In Mind While Buying Property In Lucknow Under Rera}

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Submitted by: Rajeev Kapoor

The Real Estate Regulation & Development (RERA) Act, which was introduced on May 1, 2017, is considered to bring massive changes in Indian real estate industry. The main objective of the act is to facilitate the home buying process and bring transparency between the developers and customers. RERA would bring relief to customers, increase foreign direct investment (FDI) and developers working on existing projects need to register with RERA within three months. As soon as the housing project gets registered, all the relevant information and facts about the project must be uploaded on the official website of the developer along with licenses/approvals.

In the past, there were several cases of delay in the completion of project, non-possession of apartments, etc., which would now change with the help of RERA. Knowing essential details and information about RERA would help you to invest money in the right real estate project. So, if you are planning to buy property in Lucknow post-RERA, certain factors must be kept in mind in order to make an informed decision.

1. Is the Residential Property in Lucknow City Registered Under RERA

It is essential to check whether the residential project is registered under RERA before making advancement payment for the purchase of flat/apartment. The registration is compulsory for all the residential and commercial projects. Failure on the part of developer to register the project would draw penalty, which could be 10 percent of the project cost.

2. Getting the Projects Registration

Usually, customers who invest money in residential projects in Lucknow before the launch or completion get deceived by the builder. Under RERA, real estate companies have to get the registration of their housing project done for every level or stage separately, thus facilitating transparency and clarity.

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3. No Advertisement/Promotion Without RERA Registration

You have to check if the builder has advertised or promoted the property before RERA registration. If any builder has done this, it is better to avoid any deals or transactions with that developer. If the project has already been registered, then every advertisement must include the RERA registration number.

4. Difference between Carpet and Super Built-Up Area

While looking for flats in Lucknow in a housing project, you must know the difference between carpet and super built-up area under RERA. The carpet area comes within the walls of the house, whereas super built-up area includes outer area such as staircase, lobby, balcony, etc. The builder will include the carpet area in selling price but not super built-up area.

5. Super Built-Up Cost Not Included

If any developer has added super built-up area cost in selling price, it is against RERA act. Under the act, carpet area instead of super built-up area has been clearly delimited in the law.

6. Certifications and Approvals

It is important to check whether the builder has all the necessary licenses, certifications and approvals from concerned authorities for the execution of the project. If the new or upcoming housing property in Lucknow has all the requisite licenses and approvals, it will be better to invest in that property.

7. Verify if the Projects Land is Disputed

Before making any deal or transaction with the developer, check for the legitimacy of the projects land and see to it that the land is not disputed. The real estate company must have complete registration and control of the housing project.

8. No Modifications in the Plan Without Written Permission

The realty firm must not make any modifications in the plan sold to customers without written consent. Generally, developers tend to engage in this practice, which would now be handled with RERA.

9. Financially Stable Builde

If the builder has sufficient finance, the project will be completed on time. On the other hand, if the developer lacks finance, the project will get delayed. So, if you are looking for apartments for sale in Lucknow, choose a builder who is financially stable and has proven track record.

If you keep the above mentioned points in mind while investing in an upcoming or new residential property in Lucknow, rest assured that you have made the right decision.

About the Author: Rajeev is sales and marketing consultant at Azea Botanica, an upcoming residential project in Lucknow being developed by Azeagaia Development Pvt. Ltd., promoted by Singapore-based companies through foreign direct investment. Azea Botanica, which is RERA registered, offers 3 & 4BHK luxury apartments in Lucknow at a prime location of Vrindavan Yojna. To know more about Azea Botanica, please visit

azeabotanica.com

.

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Feb
16

United States: Two killed, more than a hundred injured in Amtrak train collision in South Carolina">
United States: Two killed, more than a hundred injured in Amtrak train collision in South Carolina

Wednesday, February 7, 2018

Early on Sunday morning, Amtrak’s passenger train number 91, the Silver Star, bound for Miami from New York, slammed into a stationary CSX freight train in Cayce, about ten miles (16 km) south of Columbia, capital of the US state of South Carolina. Two Amtrak employees were killed and at least 116 were injured, some seriously.

The two killed were 54-year-old engineer Michael Kempf of Savannah, Georgia, and 36-year-old conductor Michael Cella of Orange Park, Florida. Robert Sumwalt, chairman of the National Transportation Safety Board, told a press conference the passenger train had been diverted into a siding by a switch left “literally locked, with a padlock” in that position.

The collision happened at about 2:35 am local time (0735 UTC) at a switching yard in the small city of Cayce. The Amtrak train, with reportedly 139 passengers and eight employees aboard, collided head on with the freight train, which was parked with no one on board. The Amtrak locomotive and the leading locomotive on the freight train were destroyed; the Amtrak locomotive and some of its passenger cars derailed, and one of those cars was folded in half. Several freight cars were crumpled, Reuters reported. In a press conference, the state governor, Henry McMaster, said the Amtrak locomotive was “barely recognizable” and described it as “a horrible thing to see, to understand the force involved”.

Harrison Cahill, a spokesman for Lexington County, gave a count of 116 injured, up from an initial report of 70; according to Derrec Becker, public information officer for the South Carolina Emergency Management Division, injuries ranged “from cuts and bruises to severe broken bones”. On Monday a Palmetto Health spokesperson said two patients were in serious and two in critical condition at their facilities. A spill of approximately 5,000 gallons of fuel from the freight train posed no safety hazard, according to officials.

Passenger Derek Pettaway told the CNN network that like most others, he had been sleeping when the collision happened. He said Amtrak staff cleared the passengers from the train rapidly, and there was no panic; “I think people were more in shock than anything else”, he said.

“Key to this investigation is learning why the switch was lined that way”, Sumwalt said. Amtrak’s CEO, Richard Anderson, speaking to reporters on Sunday, held CSX responsible; he stated the track in that area is operated by CSX and the signals, which CSX operates, were not working at the time of the collision and a CSX dispatcher was therefore directing the Amtrak train’s movements. Sumwalt noted an automatic monitoring and braking system called positive train control, which was not in use on the stretch of line, could have forestalled the collision.

Several fatal incidents involving Amtrak trains have occurred in the past three months. On December 18, the inaugural train on a new route in Washington state derailed at high speed while crossing above a highway, killing three; on January 31, the driver of a garbage truck was killed in Virginia when he collided with an Amtrak train chartered to take Republican lawmakers to a retreat.

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