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Plane crash in the Bahamas kills eight

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Plane crash in the Bahamas kills eight

Wednesday, October 6, 2010

A small twin-engined Cessna 402 crashed into a lake in the Bahamas shortly after take off Tuesday, killing all eight Bahamian occupants.

The Cessna crashed into Lake Killarney, located near the Lynden Pindling International Airport, after a fire broke out in one of its engines, according to assistant commissioner Hulan Hanna of the Royal Bahamas Police Force.

It is reported that several bodies were recovered from the lake and a person was pulled out alive, but later died of a broken neck. It is reported that the plane, which departed the airport at about 12:30 p.m. local time, was travelling to San Salvador in the southern Bahamas. According to police, an investigation is in progress to specify the cause of the crash.

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  • 27 Oct, 2021
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Business Purchase Finance . Avoiding The Crisis Part Of Acquisition Financing At The Starting Point}

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Business Purchase Finance . Avoiding The Crisis Part Of Acquisition Financing At The Starting Point

by

stanprokop

Business purchase finance in Canada. When it comes to acquisition financing for new or existing business the question of financial resources and strategy becomes, very quickly, top of mind. But how in fact do you pay for/ finance such an acquisition in Canada. Let’s dig in.

We’re of course assuming you have in fact identified your target already, having properly focused on value, price, and giving thought to all the legal , accounting, tax and oh yes, ‘ people issues’ involved in your purpose. Those are important, but today we’re focusing on financing that challenge.Although it’s certainly possible to purchase and finance a non incorporated proprietorship or partnership we’ll focus today on financing a legal entity… i.e. the corporation.If we had to sum up the key issues around the whole financing structure it would come down to: Bank and Commercial financing debt and credit lines

Any financing the vendor is prepared to provideOwner subordinated debtThe letters in T E A M are very appropriate here as they can also stand for – Together Everyone Achieve More. So it’s highly recommended your team consist of your own partners and management, but also good advice from your lawyer, your accountant, your personal or corporate banker, and probably an experienced Canadian business financing advisor.

And it just might be that advisor can introduce you to even better/smarter lawyers, bankers, accountants, etc – After all, that’s his or her business. Their advice is worth a million, but of course ultimately it’s your call.A solid place to start in your financing structure work is to simply take the balance sheet and divide all assets and liabilities into the following categories

“Working Capital

Real Assets

Intangible Assets (may or may not have value to your deal)

Creditor Debt – i.e. suppliersLender DebtOwners

Investment /Equity

Just simplifying the balance sheet in this matter allows you at a visual glance to determine where money is going to come from, where it’s coming from now, and how some of the relationships around that flow of funds changes.By that last comment we’re really focusing on the concept of what lenders call ‘ ratios’.

We have always called them relationships. Quick example: The current business might have, for example 30% of long term debt. Under the final picture that number might change drastically – but if, in the case of long term debt it increases a lot your ability to either properly finance the purchase, or survival might be at risk!It’s safe to say also that those relationships we’ve talked about above are a little different for larger deals as opposed to buying a business in the franchise or SME sector.

Your goal, along with your advisor team, is to sort out a financing package that addresses assets… and… CASH FLOW. Never assume you will get the financing need based either just on assets, or just on cash flow. If you have a profitable company that’s growing quickly that can certainly help with a lot of the finance challenges. While growth sometimes hides some business weaknesses it usually does appease your lenders and bankers to a certain degree.

Financing a slow growth company that has challenges might have made your offer price attractive, but you are certainly at risk when it comes to cash flow, debt, and asset replacement needs.Can you avoid the ‘ Crisis’ part of any acquisition financing?

No guarantees for sure, but solid advice and analysis will eliminate a lot of that risk. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor for the business purchase finance you need.

Stan Prokop – founder of 7 Park Avenue Financial http://www.7parkavenuefinancial.comOriginating business financing for Canadian companies , specializing in working capital, cash flow, asset based financing . In business 10 years – has completed in excess of 80 Million $$ of financing for Canadian corporations . Core competancies include receivables financing, asset based lending, working capital, equipment finance, franchise finance and tax credit financing. Info re: Canadian business financing & contact details : http://www.7parkavenuefinancial.com/business-purchase-finance-acquisition-financing.html

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Business Purchase Finance . Avoiding The Crisis Part Of Acquisition Financing At The Starting Point}

  • 25 Oct, 2021
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  • Financial Solutions

Australian researchers confirm stress makes you sick

Wednesday, December 7, 2005

Australian researchers say they have scientifically proven that stress causes sickness. The Garvan Institute in Sydney has discovered that a hormone, known as neuropeptide Y (NPY) is released into the body during times of stress. Their findings show the hormone can stop the immune system from functioning properly.

“Neuropeptide Y is one of those hormones that gets unregulated or released from neurones when stressful situations occur…it’s known for example that it regulates blood pressure and heart rates so your heart rate goes up but it hasn’t been known that it actually can affect immune cells as well,” said Professor Herbert Herzog, one of the researchers.

Herzog feels it is good to finally have proof of something people have suspected for so long.

“Now we have proven without doubt that there is a direct link and that stress can weaken the immune system and that makes you more vulnerable when you for example have a cold or flu and even in the more serious situations such as cancer can be enhanced in these situations,” said Herzog.

The Garvan Institute study centres on two key events that enable the human body to recognise foreign substances and control invaders. When our body encounters a pathogen (bacteria and viruses), the immune cells retain and interrogate suspects. Their activation is made possible by NPY. These cells then return to the lymph nodes, which are found all over the body, with information about the foreign invaders. The lymph nodes are where decisions about defence are made.

“Most of us expect to come down with a cold or other illness when we are under pressure, but until now we have mostly had circumstantial evidence for a link between the brain and the immune system,” said lead Garvan researcher, associate Professor Fabienne Mackay. “During periods of stress, nerves release a lot of NPY and it gets into the bloodstream, where it directly impacts on the cells in the immune system that look out for and destroy pathogens (bacteria and viruses) in the body.”

In the case of bacteria and viruses, TH1 cells are part of the attack team that is sent out on the ‘search and destroy’ mission. But when their job is done they need to be turned ‘off’ and the immune system reset. The same hormone, NPY, that activates the sentry cells now prompts the TH1 cells to slow down and die.

“Under normal conditions, circulating immune cells produce small amounts of NPY, which enables the immune cells on sentry duty and the TH1 immune cells to operate – it’s a yin and yang kind of situation. But too much NPY means that the TH1 attack is prevented despite the foreign invaders being identified – and this is what happens during stress,” added McKay.

The impact of stress on the body has been observed in athletes. Ph. D researcher at the University of Queensland, Luke Spence, together with the Australian Institute of Sport, studied elite and recreational athletes over five months.

They found elite athletes were more susceptible to respiratory diseases under stress.

“A lot of elite athletes put themselves through vast amounts of physical stress in their training, but also their emotional, psychological stress of feeling the pressure of Australia on their shoulders, wanting to compete and wanting to do their best,” said Spence.

It’s not just athletes who are prone to stress. Pressures at work and at home may cause emotional and mental stress that can be equally damaging. Almost a third of all work absenteeism in Australia is due to illness, costing employers over $10 billion a year.

“I think it has a huge impact for the work force and also for employers – if their employees are constantly stressed, constantly under pressure, they are more likely to get sick,” Spence said.

Further research could lead to the development of new drugs which may inhibit the action of the neuropeptide Y hormone.

Herzog warns people to minimise stress before it becomes a problem.

“Relaxation methods like yoga will help you to prevent that but there will still be people out there that are not responding to that and treatment by interfering with the system will be important,” he said. “There’s obviously some time until such a treatment will be available but this is something we will definitely work towards.”

The Garvan research will be published in the Journal of Experimental Medicine, Volume 202, No. 11.

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  • 24 Oct, 2021
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Benin, Nigeria join African Union continental free trade bloc

Wednesday, July 10, 2019

Leaders of African Union (AU) member states met in Niamey, Niger’s capital, for an AU summit where on Sunday Presidents Muhammadu Buhari of Nigeria and Patrice Talon of Benin signed the African Continental Free Trade Area (AfCFTA) agreement.

Nigeria previously announced it planned to join the AfCFTA in the week leading up to the summit. AU trade and industry commissioner Albert Muchanga announced Benin was to join. The commissioner said, “We haven’t yet agreed on rules of origin and tariff con[c]essions, but the framework we have is enough to start trading on July 1, 2020”.

Niger’s president Mahamadou Issoufou said, “Nigeria is Africa’s biggest economy and most populous country. Without Nigeria the free trade zone would’ve been handicapped.”

The agreement seeks to remove tariffs on 90 percent of commodities and better intregrate African economies.

At the opening of the AU summit, AU chairperson President Abdel Fattah el-Sisi of Egypt said, “The success of the AfCFTA will be the real test to achieve the economic growth that will turn our people’s dream of welfare and quality of life into a reality”.

With Sunday’s signings, all but one of the member states of the 55-member AU have signed on to the agreement, with Eritrea the only state unsigned. African leaders have negotiated the deal over the last four years. While 54 nations have signed onto the AfCFTA, only 27 have ratified the agreement.

While many transactions in Africa occur using U.S. dollars or euros, the AU announced an electronic pan-African payment system.African Export–Import Bank president Okey Oramah said the use of third-party currencies “costs Africa between $5 and $7 billion,” further saying, “Beyond that, it also reduces trade because Africa has a scarcity of foreign exchange.”

There are reportedly 1.3 billion people in the free trade area, with the combined economies of the countries worth US$3.4 trillion. One of the stated goals of AfCFTA is to encourage more intra-Africa trade. Currently about 16–17 percent of African trade occurs between African countries. This is in contrast to the European Union members, where intra-European trade accounts for over 60 percent of trade.

The International Monetary Fund said in May the AfCFTA might be for African countries comparable to the European and North American trade blocs as an “economic game changer”.

Seven members states had bid to host the AfCFTA secretariat, the operational organ of the free trade agreement, with Ghana winning the bid.

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  • 24 Oct, 2021
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Candle knocked over during voodoo sex ritual causes apartment fire

Saturday, February 26, 2011

An elderly Brooklyn, New York woman was found dead yesterday after a fire triggered by a voodoo ceremony caused a blaze in an apartment that left dozens homeless. The details of the ceremony were not clear, but sources say it led to sex.

An unidentified woman hired a Voodoo priest for $300, identified as Nelson (Pepe) Pierre, to perform a mystic ceremony meant to bring her good luck. The woman went to Pierre’s apartment, where she ended up in bed surrounded by lit candles which were mistakenly knocked over, setting the bedsheets on fire. In an effort to suppress the flames, Pierre splashed water from the bathroom sink on the sheets while his roommate, who was ironing at the time, opened a window for air. However, according to the New York Fire Department, wind gusting through the open window created a “blowtorch effect” which caused the fire to spread to the 4th floor hallway and into the 5th and 6th floors. The blaze killed one woman, three others were severely injured, and at least 20 firefighters were left with burn wounds.

Time and time again we respond to tragedies that could have been so easily prevented … hopefully others will learn from this tragedy

In an NYFD statement, Fire Commissioner Salvatore J. Cassano said, “Time and time again we respond to tragedies that could have been so easily prevented. This fire had so many of those elements … hopefully others will learn from this tragedy.” It took hours for hundreds of firemen from dozens of companies to bring the raging fire under control.

Pierre, a man in his 60s, did not call 911 right away, but attempted to quell the fire using water from the bathroom sink. A source in law enforcement said, “Nobody sees a crime right now. It was an accident. Maybe they weren’t careful, but they did try to put it out.”

Mary Feagin, a 64-year old retired teacher, died in the blaze.

The New York Police Department is currently investigating the incident.

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  • 22 Oct, 2021
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About Botox Procedure Beverly Hills Plastic Surgeon

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Submitted by: Robert Applebaum

More people get Botox treatments each year than any other cosmetic treatment. Why have millions of people chosen Botox for their skin rejuvenation needs? Here s why Botox has become the most trusted way to get younger, wrinkle-free skin.

How does Botox work?

Botox uses a process called cosmetic denervation to decrease the prevalence of your frown lines, laugh lines, worry lines, crows feet and other wrinkles. The product blocks impulses from the nerve to the facial muscles involved in your expression lines, effectively relaxing these muscles so they no longer contract. You re left with smooth, wrinkle-free overlying skin.

[youtube]http://www.youtube.com/watch?v=4Aun8Bjxlg8[/youtube]

What is it like to get a Botox treatment?

Botox treatments are safe and provide instantly visible results that last for 4-6 months. Using a micro-needle, your board certified plastic surgeon will inject Botox into the desired locations on your face. Because the needle is so small, you won t feel much pain – many patients describe the feeling as mild discomfort.

There is no aesthetic required during your Botox procedure, and you can go back to your normal activities immediately. The most you ll notice is slight, temporary bruising at the injection site, but this is rare and can easily be covered up with makeup if it does occur.

Is Botox safe?

Botox has been used for more than 15 years with positive results in both facial rejuvenation and treatment for conditions such as ophthalmological and neurological disorders. Numerous studies have shown Botox is a safe for cosmetic and reconstructive treatments.

Although Dysport and other injectable options exist, it s important to consult your board certified plastic surgeon before deciding on a treatment.

Are you looking for a Botox or other skin rejuvenation procedure in Beverly Hills or Los Angeles? Dr. Robert Applebaum is a trusted choice with the safest, most effective methods of performing plastic surgery procedures such as liposuction, breast augmentation, surgical asymmetry, implant hardening, facial skin, liquid facelift, wrinkles, breast lift with placement of a breast implant, hyaluronic acid fillers, dermal stimulators, sculptra, synthetic fillers, collagen fillers, hyaluronic acid based fillers, poly lactic acid fillers, calcium hydroxyl apatite fillers, folds, scars, gel-like fillers, articol, radiance, duck lip, Juvederm, Restylane, Perlane, laugh lines, anti-aging, cheek augmentation, facial volume, restore cheek fullness, radiesse, infraorbital volume replacement, under eyelid hallow treatment, treat dark circles, under lower eyelid aging, silicone breast implants, facelift, mini-facelift, tummy tuck, mini-tummy tuck, body contouring, breast enhancement surgery, silicone gel implants, symmetry correction, facial rejuvenation, asymmetry correction, wrinkles, facial muscles, cosmetic denervation, worry lines, frown lines, saline breast implants, saline implants, breast feeding with breast implants, breast implants, boob job, silicone implants, mastopexy, breast reduction, breast lift, silicone gel implants, implant removal, capsulectomy, capsulotomy, implant encapsulation, nipple deformities, implant replacement, correction of nipples, inverted nipples, breast enhancement surgery, gynecomastia, male breasts, Vertical Breast Lift Technique, implant malposition, nipple inversion, prominent nipples, nipple sensation, secondary breast implant surgery, congenital asymmetry, neurotoxin, relaxation of facial line, relaxation of facial muscles, reduction of stress lines, Botox forehead lift, Botox injections for migraine headaches, slow aging with Botox, excessive male breast tissue, optimal nipple position, saline implants, reduction mammoplasty, preventative aging with Botox, under the eye rejuvenation, laugh line reduction, NO. 1 cosmetic treatment, signs of aging, laugh lines, crows feet, dynamic wrinkles, micro-needle, cosmetic, reconstructive treatments, ophthalmological disorders, neurological disorders, Botox eyelift, reduction of crows feet, eliminate crows feet and implant pocket malposition.

About the Author: Dr. Robert Applebaum – Board Certified Plastic Surgeon Beverly Hills used Botox Treatments to soften lines and wrinkles of the face. Contact Robert Applebaum at info[at]applebaummd[dot]com for Botox Injections Cosmetic Surgery, Botox eyelift and Botox procedure.

applebaummd.com/

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  • 22 Oct, 2021
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  • Facial Plastic Surgery

Major explosions at UK oil depot

Sunday, December 11, 2005

A series of large explosions have occurred close to Hemel Hempstead Hertfordshire, UK. The source of the explosions has been confirmed as the Hertfordshire Oil Storage Terminal (HOSL), Hemel Hempstead, known locally as the Buncefield complex. Up to 150 fire fighters are reported to be at the scene with 10 fire appliances and 1 specialist foamer.

The first ‘blast’ was heard near Hemel Hempstead on Sunday 11 Dec at 6 am. Further smaller explosions followed at 6:24am , 6:26am, 6:30am. BBC News 24 reported an additional, fourth large explosion. Hertfordshire Police Constabulary are currently treating the explosion as an accident.

Reports say the explosion, which registered 2.4 on the Richter scale, was heard as far away as Oxford, and Whitehall, Central London which is 60km (38 miles) away. Eyewitness statements report that the explosion was heard from at least 160km (100 miles) away and as far away as France and The Netherlands. Pilots reported noticing the blast from the North Sea and the West Country area of the UK. The M1 motorway which runs close by has been closed in both directions near the blast which is causing travel chaos as other roads become congested.

Malcom Stewart, a BBC News24 eyewitness who is a tanker driver for the site has reported that the site supplies several oil companies and is a joint operation between Total UK and Texaco, it is also used by BP, Shell and the British Pipeline association. The complex is not a refinery but a storage facility for refined petroleum awaiting distribution to airports and filling stations. The eyewitness reports that the depot has approximately 20 tanks which can hold about 3 million gallons (11 million litres or 70,000 barrels) each. Another News24 eyewitness has just reported that he has seen at least 5 of these tanks on fire.

The depot operates on a 24 hour basis and is split into 2 parts – aviation fuel and domestic fuel. A number of eyewitnesses have reported on UK news that the aviation fuel side appears to be the part of the site that has been affected.

Local authorities were not immediately available for comment but there have been reports of casualties.

Some reports on live television state that, “Several other neighbours said they did see a plane go into the depot.” BBC News 24 were also discussing the idea a possible plane crash as the cause of the explosions. Hertfordshire police have now gone on the record to say that there is no plane involved (BBC News24).

The police have issued a contact number 0800 096 0095 and asked that people do not call the emergency services in Hertfordshire directly unless it is an emergency.

In addition to being an oil storage depot, it is a major hub on the UK oil pipeline network with pipelines to Killingholme Lindsey Oil Refinery (LOR), Humberside (10 inch), Merseyside (10 and 12 inch), Coryton on the Thames Estuary (14 inch) and Heathrow (6 and 8 inch) and Gatwick airports radiating from it.

The disaster is believed to be the worst explosion at a petrochemical plant in the UK since the Flixborough disaster of 1974.Hertfordshire’s Chief Fire Officer Roy Wilsher said: “This is possibly the largest incident of its kind in peacetime Europe.”

A firefighting press officer said that they are stock piling foam from neighboring regions for a prolonged attach which they hope will stop the spread of the fire, however, the inferno itself will have to burn out which could take between 24 hours and a few days.

Despite the authorities saying that there is no need to panic buy petrol, filling stations have had above average queues since this morning and some small garages have ran out.

Deputy Prime Minister John Prescott has visited the scene.

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  • 18 Oct, 2021
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Fatal shooting at Salt Lake City mall

Tuesday, February 13, 2007

Five people were killed by an 18 year-old man who opened fire inside the Trolley Square Mall on Monday evening, according to preliminary reports.

Police say they have shot dead one suspect.

The shootings started at 6:45 in The Old Spaghetti Factory on the second floor of the Trolley Square Mall.

Two employees of the Williams-Sonoma store, near the southwest corner of Trolley Square, told KSL that they heard shots and breaking glass from the area of the west parking garage. They say they saw a gunman about 6’3”, wearing a dark trench coat, carrying a shotgun, probably in his 20’s. He came into the mall from the parking garage.

A witness at Trolley Square has said that there may have been a second shooter, a man dressed in normal clothing and carrying a young child. Multiple news outlets have reported an off-duty police officer from the nearby city of Ogden confronted and shot the suspect. This officer is likely the “second shooter” reported earlier.

KTVX had reported that there may have been another shooter inside the facility, however this was later found to not be the case.

The mall evacuation began at 7:00 and is progressing slowly.

The shooter has been identified as Solejman Talovic, an eighteen year-old Bosnian refugee living in Salt Lake City.

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  • 17 Oct, 2021
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McDonald’s unfairly dismissed worker for giving a colleague free cheese, says Dutch court

Wednesday, January 27, 2010

A court in the Netherlands ruled yesterday that the fast-food company McDonald’s over-reacted in dismissing an employee who added a piece of cheese to a colleague’s hamburger without charging for it. McDonalds has been ordered to pay compensation since, the court ruled, “The cost of a slice of cheese is not comparable to a severe step such as redundancy”.

In March 2009, a waitress in Lemmer sold a hamburger to a colleague, and then added some cheese when her colleague asked for some. McDonald’s said that this made the meal a cheeseburger, not a hamburger, and so she was sacked for not charging extra for the cheese. Rules for staff, the company argued, prevented them from giving food away for free.

Now a court in Leeuwarden has ordered McDonald’s to pay her more than €4,200 (about US$5,900 or £3,700), since it decided that a written warning would have been a more appropriate reaction. The compensation is for five months of lost earnings, with holiday pay and interest.

The court noted that the manager of the branch had not asked the employee for an explanation before firing her, nor had McDonald’s considered taking action against the colleague who asked for the cheese. “The dismissal was too severe a measure. It is just a slice of cheese,” said the court.

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  • 17 Oct, 2021
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Should You Consider Chicago Fence Repair Or Replacement?

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byAlma Abell

Fencing is an excellent addition to any home. Whether you want to make it look better, ensure privacy or keep others outside the perimeter, they’re perfect. However, they won’t last forever, even with proper maintenance, which is why they may need to be repaired or replaced. It’s important to determine when Chicago fence repair is possible and practical.

Small Area/Spot

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

If just one area of the fencing is broken or rusted, you can choose to do a repair job. Many times, the broken piece can be welded or hammered back into place. Likewise, that one area may be replaced with similar products so that it still looks uniform and does its job.

Expense

Primarily, most people who live in Chicago are focused on their budgets. You’ve got a lot of bills and responsibilities, which means that you may not be able to replace the entire thing. While you can choose materials that are less expensive, it may still cost more than repairing it.

Hinges

Depending on your fencing type, the hinges may start to rust or come away from the material. While you may need to replace them, it’s considered a repairing because you’re not replacing the materials or the entire structure. Sometimes, the hinges can be fixed with new pins or tightened without replacing the entire hinge.

Sagging

If you notice that the materials seem to lean in or out, the structure isn’t likely to do its job for much longer. Likewise, it may look shabby, which could attract animals and intruders. Many times, it is simple to repair such a problem, though if it sags all the way around, a replacement may be necessary.

Chicago fence repair can be a cost-effective way to fix the problem without having to get new fencing. Visit Top Line Fence now to learn more or request a free quote.

  • 17 Oct, 2021
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  • Clothing

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