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Posted by
BradyNet
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Thursday, June 3, '04
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<- A U.S. advisory panel on Thursday urged regulators to approve a new treatment using ultrasound to break up fibrous clumps in the uterus, an alternative to removal of the uterus in a hysterectomy.The ExAblate 2000 treatment is a product of InSightec, a unit of Tel-Aviv, Israel-based Elbit Medical Imaging . ……….>
http://story.news.yahoo.com/news?tm...
Elbit Medical Imaging stocks?
"Let me make it clear that Congress is not going to underwrite losing airline operations," said Rep. John Mica, R-Fla., chairman of the aviation panel. "While the Congress and taxpayers bailed out the aviation industry after Sept. 11, the airlines now in trouble must be prepared to fend for themselves."
Executives at low-cost carriers testified that only such a hands-off approach can restore financial stability to the industry.
"The government is postponing the day of reckoning for aviation business models that no longer work," said Joseph Leonard, chairman and CEO of AirTran Holdings Inc., an Orlando, Fla.-based discount carrier. "We should keep the exit doors open and let inefficient carriers — be they low-cost or high-cost — fail."
Leonard questioned why the U.S. government would make it easier for an airline to start operations than for it to go out of business. "Anything the government does to subsidize inefficiency and discourage competition will fail, both for the airlines and for the taxpayers," he said, while warning that consolidation is no panacea for the troubled industry.
If an airline fails, then its gates at airports become available to low-cost carriers, Leonard said. But if two struggling network carriers merge, they can try to use their even greater control over airport gates to limit competition. "I don't oppose mergers and alliances, but if Congress or the department takes action to facilitate them, then some of the slots and gates involved should be made available for competitive service," he said.
Government programs that came under attack included the Air Transportation Stabilization Board and recent pension reforms that gave the so-called legacy carriers a temporary cash infusion.
The stabilization board was intended to provide short-term loans to airlines that could not obtain financing following the Sept. 11 terrorist attacks. "It was not meant to be a long-term subsidy," Leonard said. "It was not meant to mandate a contribution of taxpayer funding for business plans that are likely to fail."
Douglas Parker, head of America West Holdings Corp., a Tempe, Ariz., low-fair airline, credited the stabilization board with helping his company stay alive after Sept. 11. But he said that need is long past, noting the industry has raised more than $14 billion in the capital markets in recent years.
"Thankfully, today any airline that can demonstrate a reasonable chance of repayment has access to financing," he said.
Companies that cannot satisfy the capital markets should die, he said. "There are too many airplanes, too many networks and too many hubs," he said. "At this point in time, both government and industry must be willing to let the markets work."
Criticism of the stabilization board comes as it is considering a request from UAL Corp. for financing as part of its bankruptcy reorganization plan.
Pension reform also distorted the market, Leonard said. Congress recently amended the law to temporarily reduce required airline contributions to pension funds. That change will do nothing to protect employee pensions at the legacy carriers, Leonard said.
"But they do provide a temporary infusion of cash for a select handful of large carriers that have now simply postponed resolution of their pension problems and are using the money for other purposes," he said.
UAL chairman Glenn Tilton said major carriers such as United Airlines are undertaking painful restructurings aimed at improving efficiency and reducing costs. This will ensure the continuity of both low-cost and network carriers, he said.
Other executives at big carriers blamed the government for their woes. Continental Airlines Inc. CEO Gordon Bethune said air carriers pay more than their fair share to protect the country from terrorism. Rather than hitting airlines with even more security fees, which drive up ticket prices, the government needs to seek other sources for the funds, he said.
"Until the government realizes that we are not a cash-cow and that the budget for [the Federal Aviation Administration, Department of Homeland Security, Transportation Security Administration and Customers and Border Patrol] cannot be balanced off the backs of our companies and our beleaguered employees, we will not survive," Bethune said.
<Embajador de EE UU dice que la corrupción impide a RD salir de la pobreza Para el embajador estadounidense en el país, Hans Hertell, uno de los mayores obstáculos que impiden el desarrollo de la nación es el alto índice de corrupción gubernamental
El diplomático dijo que el dinero que se escapa del Estado y va parar a manos ajenas podría mejorar las condiciones de vida de los dominicanos porque les permitiría tener acceso a educación, alimentación y salud adecuadas. Hertell se mostró confiado en que con el ascenso de la nueva administración, a partir del 16 de agosto, las cosas tomen otro rumbo y se establezcan mecanismos fuertes para combatir las acciones negativas en la cosa pública. "Tenemos fe en que el gobierno que encabezará Leonel Fernández pueda arrecia la lucha para eliminar este mal que destruye la calidad de vida de la gente", expresó. Indicó que Estados Unidos está dispuesto a apoyar las medidas que se tomen para erradicar la práctica, que según una encuesta sitúa a República Dominicana en el lugar número ocho en una escala hasta el 10. "Vamos a dar nuestro apoyo para identificar las áreas más afectadas y poder actuar", expuso al señalar que el nuevo gabinete debe dar muestras de estar comprometido con sanear los estamentos públicos. Hertell dijo que es la Justicia la que debe precisar porque no hay un sólo funcionario procesado por malversación de fondos...........>
What a goof! Sounds like he doesn't want anyone to listen to him! Is his tail between his legs these days?
plundering will be magnified and wire transfers to Fidel, chinese banks and russian banks will jump to unheard levels...
and with oil finally coming down...
it was back in december i think...
Only 75 % according to the article.
However, there are lies and......statistics.....so I assume you are more right than the article.
Now..do you see German RE prices recovering even in contradance to the rest of Europe, assuming there will be a slump over there ?
It is a prescription to let the “mafia” to have total inmunity, and eventually to control the media, the political parties and non governmental organizations and finally grab the state power.
A weak State bent on correcting the mistakes of the past should start somewhere—preferably starting with the most dangerous mafiosos, if the state does not have the power and resouces to tackle all the mafios at the same time. If the mafios feel threatedned they will unite and it will be extremely difficult for the state to fight the united mafia (and their foreign backers). However, with time, hopefully all those who have siphoned off billions from the Russian State have to answer for their deeds!
It is hard to constuct an ethics and law based society on a mafia foundation!
http://www.economist.com/printediti...
Seems house prices have fallen by 8%-13% in main Australian cities in 1stQ04. Other OECD countries to follow soon ?
I have recently seen a USA real state prices cycle graph, rather acurate, dating back to 1870, which signals we are just about now entering a downtrend which will bottom out by 2008
For sure there will be a big legal battle on that issue if Pinky resigns.
abschalten !!!!!!!!!!!!
Good Day,
I am Mrs. Grace simbat from Sierra Leone. I lost my husband a couple
of months ago. My husband was a serving director of the Agro- exporting
board until his death .
He was assassinated last January by the rebels during the political
uprising. Before his death he had a foreign account here in Côte d’Ivoire
where he made a deposit of US$10.5 Million Dollars which he deposited
for the purchase of cocoa processing machineand development of another
factory before his untimely death.
Being that this part of the world experiences political crises time
without number, there is no guarantee of lives and property. I cannot
invest this money here any long, despite it has been my late husband’s
industrial plans.
I want you to do me a favour to receive this funds to a safe account in
your country or any safer place as the beneficiary . I have plans to
invest this money in continuation with the investment vision of my late
husband, but not in this place again rather in your country. I have the
vision of going into real estate and industrial production.
This is my reason for contacting you. Please if you are willing to
assist me and my only son Ken, indicate your interest in replying soonest.
Thanks and best regards .
Yours,
Mrs. Grace simbat
yes !!!!!!!!
Any more details, Panas???
Your argument doesnt stick. Just because you cant catch all that doesnt mean that the state shouldnt try to catch a few. What I am saying is that targetting Khodo/Abramo is right because the political corruption employed by Khodo and Abramo is the most dangerous for the state. Secondly, if you can shoot down Khodo then every smaller fish will think twice before doing something silly. Singling out Khodo is an efficient way to use the limited state resources.
Anyway, it is a well known fact that many successful Russian businessmen started their carreer in a (Soviet) prison. Khodo lacked that credential. When he gets out he will have earned his stripes and can spend his billions abroad in mental peace :-)
(Adds Rodriguez comments in third paragraph.)
By Alex Kennedy
June 3 (Bloomberg) -- Venezuela's National Electoral Council
said opposition groups collected enough signatures to trigger a
recall referendum on President Hugo Chavez.
The opposition collected at least 2.45 million valid
signatures, more than the 2.44 million required for a referendum,
Electoral Council Member Jorge Rodriguez said in a televised
statement.
``These are preliminary results that show a clear trend that
will very likely continue until one hundred percent of the data
is calculated,'' Rodriguez said.
Venezuela's opposition has been trying to drive Chavez, a
49-year-old former army lieutenant colonel, from office since a
coup attempt failed to oust him in 2002.
The electoral council previously said a referendum vote for
Aug. 8 in the event enough signatures were verified. A Chavez
loss in a recall vote before Aug. 19 would lead to presidential
elections a month later. In the event of a loss after Aug. 19,
the vice president appointed by Chavez would replace the former
paratrooper without elections.
No reaction. Everything on hold until tomorrow NFP...
Here is what CaracasChronicles blog has to say:
<Union Radio: The President of the National Electoral Board, Jorge Rodriguez, announced at 4:15 p.m. today the preliminary results "which show a clear tendency" on the signature verification process to convene a vote to recall the president. He said there are 2,451,821 valid signatures to demand a recall, and 2,436,083 were required.>
<If this is so, there has to be a referendum: article 21 of the rules explicitly rule out any further verifications after this point. Chavez will give a speech within the next hour - think of it as a campaign launch.>
http://caracaschronicles.blogspot.c...
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