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Showing posts from August 23, 2011

IZUSU PHILIPPINES CORPORATION CELEBRATES 15TH ANNIVERSARY WITH A MASSIVE PLANTING OF MANGO TREES (4,000 TRESS) AS PART OF AGRO FORESTRY PROJECT TO CELEBRATE "THE YEAR OF THE FORESTS"

Isuzu turns 15 with another green CSR effort


By Kap Maceda Aguila

(The Philippine Star)

Updated August 24, 2011 12:00 AM  






World Wide Fund for Nature Chief Executive Officer Lorenzo Tan and Isuzu President Ryoji Yamazaki pose during the symbolic turnover of a seedling.



MANILA, Philippines - It wouldn’t be exaggeration to say that Isuzu Philippines Corporation (IPC) has adopted quite a great way to mark its birthdays.


 “Being already a tradition, we are once again commemorating our anniversary by simply giving back to the community,” said IPC president Ryoji Yamazaki at the celebration of the Japanese automaker’s 14th year in the Philippines.


Actually, the birthday once again took a back seat to the launch of IPC’s corporate social responsibility thrust – launched at the same event at the Makati Shangri-La Hotel.

This time around, the automotive manufacturer has teamed up with the World Wide Fund for Nature (WWF-Philippines) for an agro-forestry campaign to conserve the watershed in the Sie…

NASA SATELLITE WILL BE TRACKING RAINFALL ACROSS THE PATH OF HURRICANE IRENE IN 3D...

TRMM gets a look at Irene, the first hurricane of the Atlantic season
by Staff Writers
Greenebelt MD (SPX) Aug 24, 2011


This 3-D perspective of Irene was created from TRMM satellite data taken at 15:57 UTC (11:57 a.m. EDT) on August 22, 2011. It revealed an area of deep convection (shown in red) near the storm's center where precipitation-sized particles are being carried aloft. Credit: NASA/SSAI, Hal Pierce


The Tropical Rainfall Measuring Mission satellite has been busy measuring rainfall within Hurricane Irene, and forecasts call for between 5 and 10 inches in the southeastern and central Bahamas and Turks and Caicos Islands as Irene moves toward them.

It's been a busy season so far in terms of tropical storms with seven named storms already in the Atlantic basin; however, none of them have had a very large impact as they have either been small, short-lived or remained at sea and none of them have intensified into a hurricane until now.

Irene, which originated from a tropical …

FAIRCHILD TROPICAL BOTANICAL GARDENS (FTBG) TO HOST TED x MIA EVENT THIS COMING DECEMBER 16, 2011 (6-9PM)

Fairchild Tropical Botanic Garden invites you to save the date for TEDxMIA on Friday, December 16, 2011, 6:00 p.m. to 9:00 p.m. in the Jean Ellen Shehan Visitor Center.

TEDxMIA is a gathering of diverse, innovative individuals all in one location. Expect to forge unexpected connections through the exchange of ideas, leading to extraordinary insights and triggering powerful inspiration.

And don't miss TEDxMIA "Between the Lines" on Tuesday, September 13, 2011,
6:00 p.m. to 9:00 p.m. at the New World Center - 500 17th Street, Miami Beach,
Tickets: Register to attend via Eventbrite

9 mind-blowing speakers, 2 performances and a few surprises.

Shelly Baer, Social Worker
Barbara de Vries, Designer
Colin Foord, Marine Biologist
Felecia Hatcher, Chief Popsicle
Barrington Irving, Founder of Experience Aviation, Inc.
Brad Meltzer, Novelist/TV Host
Scott Rickard, Professor
Dennis Scholl, Wine Maker
Bill Williams, Musician

Entrance for this event is $50. Space is limited, so registe…

IMAGE OF HURRICANE IRENE AS SHE PASSES OVER PUERTO RICO & DOMINICAN REPUBLIC...TAKEN FROM SATELLITE IN OUTER SPACE...

An image released by the NOAA made from the GEOS East satellite shows Hurricane Irene on Aug. 23, 2011 as it passes over Puerto Rico and the Dominican Republic. NOAA/AP

DEMAND FOR COMMODITY EXPORTS REMAINS WEAK...EVEN AS OIL & GOLD PRICES ROCKET...

Oil, Gold and World Trade in the Grand Scheme

By Shelley Goldberg

Aug 22, 2011 12:00:00 PM | Last Updated


The prices of gold and oil have exerted only minor effects on global trade flow.

Recent economic data does not bode well for commodity prices overall. Thus, we remain neutral in commodities, waiting for some semblance of confidence to be restored.
We do continue to hold specific subsector longs and shorts.

Figure 1: The EM Influence on Global Trade—Merchandise World Trade by Volume (2000=100)

Source: CPB Netherlands Bureau, RGE. (Advanced Economies: OECD minus Turkey, Czech Republic, Hungary, Poland, Mexico, Korea, Israel and Chile)

A key determinant in the prices of commodities going forward is emerging market (EM) demand. 

Global trade over recent years has been more heavily influenced by EM flow than that of the developed world (Figure 1). 

Yet June trade data, as per CPB Netherlands Bureau, is a cause for concern.
 June world trade fell 2.2%, close to eliminating the 2.3% (unrevised) …

CHAVEZ JURA QUE EL ORO ESTA SEGURO...Y QUE GADAFI SIGUE MANDANDO EN LIBIA...

"No va para mi bolsillo"



El presidente Chávez oficializó mediante la firma de un decreto la repatriación del oro. Sobre Libia aseguró que no reconocerá otro gobierno distinto al de Gadafi










El Presidente Chávez firmó un decreto que reserva al Estado las actividades de explotación y exploración del oro, así como las actividades conexas. Dijo que la medida se tomó por el carácter estratégico del mineral.

El decreto establece una regalía de 13% sobre la explotación del oro y 3% para la pequeña minería. Aclaró que las empresas existentes deben migrar a empresas mixtas con mayoría accionaria del Gobierno Nacional.

Según el Ejecutivo la ley aprobada por vía habilitante impulsará el incremento de la producción nacional del oro y su control por parte del Estado.

Además, mostró en cadena nacional un lingote de oro extraído de minas venezolanas. Manifestó que “la importancia de las medidas que hemos estado tomando y anunciando, con respecto a la repatriación del oro, es porque fue expatr…

FIRST BRAZILIAN MANGOES MOVE QUICKLY AS SECOND VESSEL COULD FACE DELAYS DUE TO HURRICANE IRENE...

By Will Cavan
Executive Director
International Mango Organization (IMO)
Vista, California




August 23, 2011


The first containers of Brazil mangoes have arrived USA and movement was brisk as importers are waiting for the second vessel to arrive which is estimated to have 80 containers on board.


There is a projected gap in shipping between the second and third vessels in September out of Brazil. This could see pricing move up a little as supplies tighten up.


The major importers this year from Brazil are Expected to be Amazon Produce, Continental Fresh, Panorama, and Dayka & Hackett.


Amazon Produce should be the lead importer with almost 50% of product on the first arrivals and then backing off to one third of the overall deal out of Brazil with roughly 2,000,000 (4kg) cartons this year.


Veteran importers Continental Fresh, Panorama and Dayka & Hackett all expect to import roughly 100 containers each.


Alpine Marketing will no longer be in the Brazil deal after more than 15 seasons and one of…

HURRICANE IRENE DUMPING MASSIVE AMOUNTS OF WATER ACROSS THE CARIBBEAN ...AS SHE HEADS FOR LANDFALL IN THE CAROLINAS...

Hurricane Irene bears down on Dom. Republic, Haiti

by Staff Writers
Santo Domingo (AFP) Aug 22, 2011





Hurricane Irene raked Puerto Rico and barreled toward Haiti and the Dominican Republic, bringing high winds and rain to that disaster-prone rim of the Caribbean, forecasters said Monday.

Irene reached hurricane strength as it passed over Puerto Rico, and at 1500 GMT packed winds of 130 kilometers (80 miles) per hour, the Miami-based US National Hurricane Center said.

In Puerto Rico, the first hurricane of the 2011 Atlantic season left 800,000 people without electricity, 118,000 without water and over 770 others in shelters.

San Juan, the capital of the densely populated US possession, came within 40 kilometers (25 miles) of the eye of the category one hurricane.

Classes were suspended and businesses shuttered in some areas, according to Puerto Rico Governor Luis Fortuno, who announced a state of emergency to mobilize aid from the US Federal Emergency Management Agency.

Irene was located about …

MEXICAN MANGO PRODUCERS LOOK TO ALTERNATIVE OUTLETS FOR FRESH MANGOES...

Mexican mangoes could recover through industrialization


August 23rd, 2011


Mango growers in the Mexican state of Michoacan are looking to industrialization as a source of recovery in a difficult and oversupplied market, website Oem.com.mx reported.

Lázaro Cárdenas Local Board for Plant Protection president Ignacio Águila Chacón, said it was important to plan and adapt to market needs as production was currently greater than consumption, the story reported.

He told the website mangoes were “once an exotic fruit that could be produced up to three times a year and then you didn’t have them, but today the United States has mangoes the whole year and that’s led to fewer exports”.

He said growers needed support and management through the Secretary of Agriculture, Livestock, Rural Development, Fishing and Food (SAGARPA), to help avoid the sort of problems that have occured in the past, the story reported.

He said a mango farming ‘reactivation’ would need greater organization to give confidence …

HURRICANE IRENE SPARES PUERTO RICO MANGO REGION AND CONCENTRATES ON EASTERN END OF THE ISLAND...

Obama frees up emergency aid for PR

By CB Online Staff
cbnews@caribbeanbusinesspr.com

President Barack Obama declared Tuesday an emergency exists in Puerto Rico and ordered federal aid to supplement commonwealth and local response efforts in the area struck by Hurricane Irene beginning late Sunday and continuing.



The president's action authorizes the Department of Homeland Security, Federal Emergency Management Agency (FEMA), to coordinate all disaster relief efforts which have the purpose of alleviating the hardship and suffering caused by the emergency on the local population, and to provide appropriate assistance for required emergency measures, authorized under Title V of the Stafford Act, to save lives and to protect property and public health and safety, and to lessen or avert the threat of a catastrophe in all 78 municipalities in Puerto Rico.

Specifically, FEMA is authorized to identify, mobilize, and provide at its discretion, equipment and resources necessary to alleviate t…

GIANT MANGO TREE TOPPLED OVER IN INDIA BRINGS TRAFFIC TO A STAND STILL AS RED TAPE HOLDS UP PROPER BURIAL...

Grand old mango tree still awaits burial




Express News Service , The New Indian Express





Posted on Aug 23, 2011 at 11:56am IST










THIRUVANANTHAPURAM: Every living being merges with Mother Earth post death. And, it seems the authorities are waiting for such a moment in the case of the grand old mango tree at Museum Junction that fell down about two months ago.



Onam is just round the corner and the roads are sure to overflow with huge crowds. But the debris of the tree is still remaining there, blocking the footpath. 

The authorities seem unmoved even by the fact that the place is a major centre where most of the festival action takes place and there exists an immediate need to clear the area.

Officials of the Thiruvananthapuram Road Development Company Limited (TRDCL), who have the responsibility of carrying out maintenance works on the road, said that they "are unable to take action despite being aware of the situation as the usual issue of red tape is the impediment here too.’’

"We nee…

THE GENIUS OF NOURIEL ROUBINI: WHY CHINA CAN NOT OVERCOME IT'S POPULATION DILEMMA...A RICH COUNTRY FULL OF POOR PEOPLE...

Chronicles of a Crash Foretold: Visualizing the Sequence of a Chinese Hard Landing

By Adam Wolfe

Aug 22, 2011 12:30:00 PM | Last Updated

China’s surge in investment from 2008 coincided with a decline in its marginal product of capital and a massive increase in its debt-to-GDP ratio. 
Its marginal product of capital fell from an average of 1.0 in the first seven years of the decade to 0.75 from 2008 through 2010. 

After accounting for off-balance sheet and shadow bank lending, we estimate that China’s outstanding domestic debt increased from 164% of GDP in 2008 to 207% in 2010.

We estimate about RMB9 trillion (US$1.4 trillion) of the RMB43 trillion increase in China capital stock from 2008 through 2010 was wasted on unproductive investments that will result in bad debts. 
These bad debts will choke off investment in the coming years, and there is no alternative source of growth that can provide an offset. The situation is coming to a head sooner rather than later, as local governments are on…