Saturday, August 25, 2012

19 dead, 53 hurt in blast at Venezuela refinery

Daniela Primera / AP

Balls of fire rise over Amuay refinery near Punto Fijo, Venezuela, Saturday, after a massive explosion.

By NBC News staff and wire services

Updated at 8:45 a.m. ET: A gas explosion at Venezuela's Amuay refinery killed 19 people and injured at least 53, a?state governor said Saturday.

Falcon state Gov. Stella Lugo said the victims included a 10-year-old boy.

"There's no risk of another explosion," she told state TV earlier. "Right now, we're attending to the injured."


The plant in Paraguana in the country's west?is its largest refinery, producing some 645,000-barrels a day.

"There was a gas leak," Energy Minister Rafael Ramirez told state TV. "A cloud of gas exploded ... it was a significant explosion, there are appreciable damages to infrastructure and houses opposite the refinery."

Venezuela?s El Universal newspaper published a picture showing the night sky glowing orange with flames.

Both Ramirez and workers said there had been injuries, but gave no more details.

Emergency workers were at the scene, where smoke and flames could be seen over the facility. Inhabitants of the immediate area were being evacuated, authorities said.

Ivan Freites, a union leader at the state oil company PDVSA, said foam would be used to control the fire.

PDVSA has struggled with repeated refinery problems in recent years, affecting its production figures and ability to fulfil ambitious expansion plans.

Power faults, accidents and planned stoppages for maintenance have hit exports from South America's biggest crude producer and OPEC member.

The Associated Press and Reuters contributed to this report.

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Source: http://worldnews.nbcnews.com/_news/2012/08/25/13470984-19-dead-53-hurt-in-massive-explosion-at-venezuela-refinery?lite

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Business to Business Advertising and marketing ...

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Friday, August 24, 2012

Turkish-Cypriot tycoon Nadir jailed for ten years in Britain

Turkish-Cypriot tycoon Asil Nadir, once one of Britain's most notorious fugitives, was on Thursday jailed for ten years for stealing millions of pounds from his international business empire.

The flamboyant 71-year-old was convicted in London this week on ten charges of theft from his now-defunct conglomerate, Polly Peck International, between 1987 and 1990.

Nadir's thefts totalled ?28.8 million, the equivalent of more than ?61.6 million ($97.8 million, 77.9 million euros) in today's terms.

"You were a wealthy man who stole out of pure greed," Judge Tim Holroyde told Nadir at London's Old Bailey court.

Holroyde said Nadir would serve only half of his prison sentence before being eligible for release on licence.

Nadir said in a statement issued through his lawyers that he was "most disappointed" by the verdicts.

"He maintains that he is totally innocent of all charges and will be lodging an appeal," the statement said.

Nadir's 28-year-old wife Nur said outside the court: "My husband is innocent and, having faith in the British justice system, we will continue with our efforts to rectify the wrongs.

"His business genius created a global company, which brought jobs and prosperity to tens of thousands of people around the world.

"The image that has been portrayed of him as being one who solely lived off of the benefits of Polly Peck is a great prejudice to the truth."

Nadir was arrested when Polly Peck collapsed in 1990 with debts of ?550 million, after an investigation by Britain's Serious Fraud Office.

He was one of the most prominent businessmen in Britain in the 1980s and early 1990s, after building up Polly Peck from a small textile firm into a sprawling company with interests ranging from fruit to electronics.

He fled in May 1993 to the breakaway Turkish Republic of Northern Cyprus (TRNC), which is recognised only by Turkey and does not have an extradition treaty with Britain.

Most of Polly Peck's business was based in Turkey and the TNRC.

Nadir returned to Britain voluntarily in August 2010 in a dramatic bid to clear his name after 17 years as a fugitive.

He lived in a ?23,000-a-month house in the exclusive Mayfair district of west London during the trial, and was driven to court each day by a chauffeur.

Nadir was named Britain's 36th wealthiest man by the Sunday Times Rich List in 1990 and donated large sums to Britain's Conservative Party via his company.

The party on Wednesday rejected calls to repay the donations, insisting there was no evidence the money was stolen and that it had not come from Nadir but from his company.

Nadir's defence lawyer Philip Hackett told the court he had returned despite having heart disease and asked the judge to give Nadir credit for the 720 days he had been electronically tagged.

The judge said he had reduced the term he would have given Nadir by two years to take into account his voluntary return, his previous good character and the fact that he had worn the electronic tag.

A hearing will be held on September 27 to decide on the amount of compensation and interest Nadir will be ordered to pay to Polly Peck's administrators.

The judge will also have to decide on ordering him to pay prosecution costs of ?2.5 million, and repaying his legal aid costs.

Source: http://news.yahoo.com/turkish-cypriot-tycoon-nadir-jailed-10-years-uk-132252062.html

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NBA Rumors: Kings Would Be Insane to Move to Virginia Beach over Seattle

Now that Dwight Howard has finally been traded, the new worst-kept secret of the NBA is that the Sacramento Kings are moving somewhere in the next year or so.

On paper, Seattle seems like the perfect fit.

The city just lost the SuperSonics to Oklahoma City in 2008, a franchise that won the 1979 NBA championship and is in one of the wealthiest metropolitan areas (via ABC News) in the United States. If there is any city without an NBA team that could still support one, it's Seattle.

So with the Kings all but certainly on the move, the city's overzealous fanbase and rich basketball history has to make it the overwhelming favorite, right?

Wrong.

According to a report by the Philip Newswanger and Bill Cresenzo of the Hampton Roads Business Journal, the Kings' most likely destination is now Virginia Beach. Though that may seem like a shocker at first, media conglomerate Comcast is playing a large role behind the scenes and may have enough capital to pull off the move.

Via Hampton Roads Business Journal:

Media giant Comcast will guarantee a 25-year lease on a new arena, supposedly for naming rights and for broadcasting the games, sources said. Comcast owns NBC and Global Spectrum, which operates arenas and stadiums across the country including the Ted Constant Convocation Center at Old Dominion University.

If the Kings wind up in Virginia Beach, it would be almost as large of a travesty for Seattle (and NBA fans) as the original franchise's move to OKC.

Where Seattle was once a middling sports town that (understandably) refused to pay for a new arena, the four years since the creation of the Thunder have been one of a reputation renaissance.

Where would you like to see the Kings relocate?

    Where would you like to see the Kings relocate?

  • Seattle

  • Virginia Beach

  • Kansas City

  • Stay in Sacramento

  • Other

Seattle's Major League Soccer team, the Sounders, has led the league in attendance every year since the franchise's inception in 2009. The Seattle fans are widely regarded as loyal fans that are as knowledgeable about the game as they are passionate.

But the Sounders aren't the Sonics.

That's why, with a new arena in Seattle looking more likely than ever, over 4,000 fans descended upon downtown for a "Bring Back the Sonics" rally in June (via ESPN).

At the head of the rally? Hedge fund manager Chris R. Hansen.

Armed with a group of wealthy investors, including Microsoft CEO Steve Ballmer and Peter and Erik Nordstrom, Hansen is currently at the head of a group trying to bring a new arena to the city. Offering $290 million in private investments, the Valiant Capital founder's group is asking just $200 million from King County and the city of Seattle (via ESPN).

In today's market, that's a paltry sum.

If all things are equal in the checkbook and arena department, if the Maloofs sell the Kings to the Virginia Beach group over the Hansen-led one, it would be doing the league a massive disservice.

The Maloofs would force the franchise to a touristy area not ripe with long-term residents or a storied passion for the NBA.

Seattle now has the passion, the financial wherewithal and rich history to make the city a perfect home for the soon-to-be-departed Kings.

A move to Virginia Beach strips that opportunity for Sonics fans and fans of the NBA, period.

Source: http://bleacherreport.com/articles/1309714-nba-rumors-kings-would-be-insane-to-move-to-virginia-beach-over-seattle

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Romney highlights Bain experience in WSJ op-ed (reuters)

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Thursday, August 23, 2012

Style, Rock N Roll, ?Pepper & Chazz Go On A Date? ? Product Review

Style, Dogs, & Rock ?N Roll: ?Pepper & Chazz On A Date?? Product Review & GiveAway

August 2012 ?????????.

NOTE: Check out PepperPomeranian?s blog PepperPaws.blogspot.com for rest of our story & chances to enter & win!!!!! Pepper & I are giving away 1ea. Black Pleather Motorcycle Jacket (MED)?

Location: Kitchen At ChazzTheDog?s House, CA??

?Mommie, you busy? ?

?Yes Chazz, what is it??

?I need to tell you somefing.?

?OK sweetie, tell me.?

?Well, err I asked Pepper out on a date and she said yes.?

?That?s wonderful. What do you plan to do on your date??

?Go for a ride on my motorchomper, haf picknic & do some doggie shopping.?

?Ok, well, you know you need to be safe on the road, especially

when you have a passenger as precious as PepperPom on the back of your bike.?

?When will you be home??

?We gonna to haf a lil picnic & then come home.?

?Okay, so you will be gone all afternoon, and should be home in the early evening.?

?Is that your plan??

?Yes Mommie.?

?Now Chazz you need to wear your leathers.?

*Chazz rolls his eyes* ?I know Mom, I gonna wear my Bret Michaels pleather Motorcycle Jacket. It?s one of my new cool clothes. I sure hope PepperPom likes da way I look!?

?Chazz you don?t have to worry so much. You been going out with Pepper for a while now. I think she likes you just as much as you like her!?

Pals who know me from Twitter, know I am a member of #BBOT. That stands for Bad Boyz of Twitter. We are a group of furpals who ride motorcycles togefur. We ride for speshul events, for #Nipclub ? as well as to honor anipal furriends who haf gone OverTheRainbowBridge (OTRB). It is very speshul when we all gather on our bikes and ride in formation to remember our furriends?vroom vroom?

That?s me in my original ?leathers?. Well now, thanx to the new Bret Michaels line of Rock DogClothes, sold?at?Petsmart I got my very own pleather Motorcycle* Jacket (*or in my case Motorchomper) with lots of detailing. Black, it has two velcro closures, one at the neck and around the belly. It fits great, and I like da way I look in it!

Check me out on my front steps in my rockin cool motorcycle jacket! I?m one pawsome looking pup if I do say so myself!?

Along with my jacket I have a Rock Tatoo Hoodie! I?m such a Fashion Doggie!

?

Motorcycle Jacket can be wiped clean with a damp cloth. Hoodie can be machine washed.

Disclaimer: We have received no compensation for this review aside from getting the dog clothes & accessory for the purpose of doing this review. The opinions expressed have not been influenced in any way and they are soley the thoughts and opinions of Adopted Mom and ChazzTheDog.

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Source: http://adoptedmomtochazzthedog.wordpress.com/2012/08/23/style-rock-n-roll-pepper-chazz-go-on-a-date-product-review-giveaway/

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In Ohio, Obama hits Romney over education costs (reuters)

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