Saturday, 4 August 2012

Sports Village Coup | Antigua Observer Newspaper

By By Tameika Malone- Observer Media - Friday, August 3rd, 2012.

http://concept2completion.com.au

ST JOHN?S, Antigua ? Principal of the company spearheading the proposed construction of the Antigua Sports Village said the US $120 to US $150 million to construct the facility will not rest on the shoulders of the Antiguan public.

The project will see the construction of a series of sporting facilities to include an Olympic style swimming pool, gymnasium, a recreation centre, Judo facility, baseball, basketball and football areas, as well as 12-lane bowling alley to be erected on the lands surrounding Sir Vivian Richards Cricket Grounds.

Alton Urban, who heads the Colorado-based Concept to Completion (C2C) Designs, in an exclusive interview with OBSERVER Media, said his company has the resources and expertise to come up with the money.

Squashing speculations that the facility could lead to an increase of two per cent in the Antigua & Barbuda Sales Tax (ABST), Urban said the project would be funded by the sale of the facility?s naming rights.

?I can assure you we have this budget paid for and then some. This will not rest on the shoulder of the Government of Antigua & Barbuda or the people. They will have full use of it, but it will not cost them anything. The construction and subsequent operations is fully paid for,? Urban said.

Urban said the project, which is expected to be completed for the Brazil Olympics in four years, will become a training facility for athletes in the colder parts of the world or for those who wish to prepare for their events without the constant media frenzy.

The athletes? village will house a number of top-rated facilities that will be constructed to international standards and would allow Antigua & Barbuda to become the hub for regional, sub-regional and even international meets.

He added that a rehab area for injured basketball and football athletes is also envisioned in the facility.

Urban, who has been living in Antigua for six years, and was a springboard swimmer, said he felt the need for a facility on such a large scale as there was no place for the nation?s youth to nurture their talent.

?As it stands, Daniel Bailey has to train in Jamaica. I would like to see Antigua grow from a five member team to a 100 plus team for the Olympics and extend into other sports than track and field, such as swimming, diving, basketball, gymnasium, wrestling and judo.?

The conceptual layout for the facility is available on Antiguasportsvillage.com or their facebook page.

The memorandum of agreement between the government and the company is expected to be signed by next week.

(More in today?s Daily OBSERVER)

?

Source: http://www.antiguaobserver.com/?p=78935

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Investing: The Basics of Penny Stocks | PremiumStockPicks.com

Penny stocks, despite the seemingly obvious name, are not always worth one penny. In fact, penny stocks are any share of stock that stays below five dollars in value per share. Most are quite volatile. This can draw or repel an investor, depending on investment goals.

There are two main types of investment strategies ? going long, and going short. This is not to be confused with selling short. Short selling is something different, but technically this is only a difference of degree and not kind.

Going long (also known as the buy-and-hold tactic) involves buying a stock and keeping it for as long as possible. This strategy is based on the fact that the stock market always ultimately goes up. Even accounting for times of depression or recession, such as the 1930s or 2000s, eventual growth is always assured. Of course, while the entire stock market always ultimately gains value, this does not mean that all individual stocks do. The stock market is much like the body of a living organism. While the entire body might live and grow, individual cells might grow, live for a little while and then die. In the same way, individual companies might increase or decrease in value, or even go completely out of business, regardless of what the rest of the market is doing.

Stocks held over a long period of time (such as a decade or two), tend to mimic the market. That is, they go up and down when it does (although perhaps not the same amount). This means that going long is generally not profitable in times of recession. For example, people with the buy and hold strategy who purchased their stocks in 2000 consider the next ten years the ?lost decade?.

However, the buy and hold strategy is not the only way to make money in the stock market. For many investors, the 2000s were not a lost decade at all. Volatility can also be a great source of profit. For skilled investors, more money can be made from buying, selling, re-buying, and re-selling a stock than simply buying a cheap stock and holding it through thick and thin.

Penny stocks are often sought by skilled investors for two reasons. One is that since they are cheap, the possibility for growth is practically unlimited. Finding the right penny stock that eventually gains ground and becomes anything but a penny stock can translate to gaining a fortune. But the real allure is their volatility. Penny stocks are not subject to the same regulations as stocks priced at five dollars. Because of this, their prices can fluctuate much more wildly and unpredictably than higher priced stocks. Day traders and other short-term investors can take advantage of this by buying high numbers of cheap stocks when they are cheap, and short selling them after they increase in price.

But, penny stocks are not a magic bullet to prosperity. The lack of regulations that cause a high amount of volatility with micro caps also translate to a higher amount of risk to investors than other stocks typically carry. For example, some stock values are often artificially inflated when an investor buys up huge amounts of them at one time. Then, when the value has increased significantly, the investor sells them all at once. Because of how supply and demand works, this tends to cause a sharp drop in price, meaning that anyone else who has the stock takes a loss.

Furthermore, penny stocks are sometimes less liquid than other stocks, meaning that selling them is often difficult or time-consuming. This means that if a company does begin to take a sharp dive, it may be hard to liquidate one?s holdings and cut losses.

In short, penny stocks carry more risk than blue-chip stocks. This risk can translate to increased gains, by taking advantage of greater market volatility, but can also lead to financial loss if other investors of one?s chosen stock are using a pump-and-dump strategy. The importance of doing one?s homework and analyzing the stock in question cannot be stressed enough.

Source: http://premiumstockpicks.com/2012/08/03/investing-the-basics-of-penny-stocks/

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EYES ON LONDON: Coronation for Britain's Ennis

Britain's Mo Farah, right, Ethiopia's Tariku Bekele, center, and United States' Galen Rupp, left, head for the finish line in the men's 10,000-meter final during the athletics in the Olympic Stadium at the 2012 Summer Olympics, London, Saturday, Aug. 4, 2012. (AP Photo/Anja Niedringhaus)

Britain's Mo Farah, right, Ethiopia's Tariku Bekele, center, and United States' Galen Rupp, left, head for the finish line in the men's 10,000-meter final during the athletics in the Olympic Stadium at the 2012 Summer Olympics, London, Saturday, Aug. 4, 2012. (AP Photo/Anja Niedringhaus)

Britain's Mo Farah, center left, embraces his daughter Rihanna after he won gold in the men's 10,000-meter final during the athletics in the Olympic Stadium at the 2012 Summer Olympics, London, Saturday, Aug. 4, 2012. (AP Photo/Martin Meissner)

Britain's Jessica Ennis celebrates winning the gold in the women's heptathlon during athletics competition in the Olympic Stadium at the 2012 Summer Olympics, Saturday, Aug. 4, 2012, in London. (AP Photo/David J. Phillip )

United States' swimmer Michael Phelps holds up a silver trophy after being honored as the most decorated Olympian at the Aquatics Centre in the Olympic Park during the 2012 Summer Olympics in London, Saturday, Aug. 4, 2012. Phelps was honored with a special individual ceremony after concluding his record-breaking career Saturday as the most decorated Olympian. Phelps pushed the United States in front to win the medley relay Saturday in the final swimming event of the London Games, after which he is retiring. (AP Photo/Matt Slocum)

United States' 4 x 100-meter medley relay team from left, Allison Schmitt, Dana Vollmer, Rebecca Soni and Missy Franklin pose with their gold medals at the Aquatics Centre in the Olympic Park during the 2012 Summer Olympics in London, Saturday, Aug. 4, 2012. (AP Photo/Lee Jin-man)

LONDON (AP) ? Around the 2012 Olympics and its host city with journalists from The Associated Press bringing the flavor and details of the games to you:

___

ANYONE FOR ENNIS?

This wasn't a competition. It was a coronation.

With a healthy lead in the heptathlon, Britain's Olympic poster girl Jessica Ennis could almost have walked around the final event, the 800 meters. But the roars of 80,000 fans carried her over the line in first place.

As she headed around the second and last lap, the Olympic Stadium announcer implored the crowd to make more noise. And, somehow, they did. And they carried her over the line in first place.

I've been in some noisy stadiums in my time (vuvuzelas in South Africa, anybody?) but this felt ? I could physically feel the roar ? like the loudest by far.

?Mike Corder ? Twitter http://www.twitter.com/mikecorder

___

HE DELIVERED, SHE DIDN'T

Britain's Mo Farah couldn't contain his excitement as he won the 10,000 meters gold medal. But his wife Tania, seven months pregnant, was desperately trying to keep her emotions in check.

The Somali-born Farah embraced his wife, and their young daughter on the track after his Olympic winning run. Tania had earlier joked that being at the stadium at all was probably a risk. The raucous atmosphere, she suggested, could send her into labor early.

She said she'd even checked that there would be doctors on hand at the stadium. Just in case.

? David Stringer - Twitter http://twitter.com/david_stringer

___

FOR THE FUTURE

"Hopefully we are inspiring the next generation." ? Jessica Ennis, British winner of heptathlon gold Saturday night.

? Fergus Bell ? Twitter http://twitter.com/fergb

___

THE CROWD LIFTS

"If it wasn't for the crowd I don't think that would happen. They give you that lift, that boost. A lot of people thought having the Olympics in London was a lot of pressure. Obviously there is pressure, but sometimes you can't think about it. You've just got to use the crowd. I think every single one of us who won a gold medal used the crowd." ? Britain's Mo Farah, gold medal winner in the 10,000 meter race.

? Jenna Fryer ? Twitter http://twitter.com/jennafryer

___

MORE GOLD FOR FRASER-PRYCE

A milestone for Shelly-Ann Fraser-Pryce arrived as a milestone passed for her country.

"I want to tell Jamaica: Happy 50th anniversary," said Fraser-Pryce, fresh from her second consecutive gold medal for the women's 100 meters Saturday night. This weekend marks 50 years since the country became independent from Britain.

Fraser-Pryce closed ground over the last 20 meters and leaning at the line to win in 10.75 seconds and edge American Carmelita Jeter by .03 seconds. Another Jamaican, Veronica Campbell-Brown, finished third for her second career 100-meter bronze.

When the scoreboard finally flashed her in the No. 1 position, Fraser-Pryce dropped to the ground and cried. She ran to the stands, grabbed a Jamaican flag and paraded around with her teammate, Campbell-Brown, known as "VCB" on the island. She's not finished in London yet, either. VCB is the two-time defending champion in the 200, where she'll have Fraser-Pryce to contend with again, along with American Allyson Felix.

? Eddie Pells ? Twitter http://twitter.com/epells

___

BRITISH SUPERLATIVE

"It's the greatest night in British athletics history, I think." ? British long jump gold medalist Greg Rutherford

? Jenna Fryer ? Twitter http://twitter.com/jennafryer

___

FOR AURORA

Missy Franklin's breakout performance in the London Games has given the grief-stricken town of Aurora, Colo., a whole lot to smile about. Franklin capped a brilliant Olympic debut with a gold medal in the 4x100 individual medley relay on Saturday night, giving her four gold medals and a bronze.

"I hope this means a lot to them," Franklin says. "I have constantly been thinking about them throughout this whole time. Everything I did here is dedicated to them."

Franklin is from the Denver suburb of Centennial and goes to high school in Aurora, where a mass shooting in a movie theater on July 20 shook the town to its core.

"It was so, so terrible what happened and it's still hard to believe it really did happen," Franklin says. "I hope that I was able to bring some smiles back to Colorado. The supportive tweets and Facebook posts I've been getting, so many people have been saying that I've been doing that. That just means the world to me."

? Jon Krawczynski ? Twitter http://twitter.com/APkrawczynski

___

'TIME OF MY LIFE'

"I've had the time of my life here and that gets me excited for what's coming next. ... It's so unreal and so above anything I could've ever imagined." ? U.S. swimmer Missy "The Missile" Franklin, after capping off a brilliant Olympic debut by helping the U.S. take gold in the women's 400 medley relay with a world-record time.

___

AT THE GATES

Microsoft billionaire Bill Gates and his wife, Melinda, stopped by Horse Guards Parade on Saturday night to watch Misty May-Treanor and Kerri Walsh Jennings dismantle the Netherlands in straight sets in beach volleyball.

Here's a picture of them waiting for journalists to finish up with the two-time gold medalists in the mix zone: http://goo.gl/tVcuy. (No, he's not behind protective glass. He's out in the open air, behind the announcer's table. The picture was taken from inside a control booth ? through, well, windows.)

Asked what he thought of the Americans' performance, Gates told The Associated Press: "It was fantastic."

Gates is a bit of a beach volleyball groupie, it turns out. He says he went to see matches "at Bondi and Beijing." May-Treanor and Walsh Jennings won the gold medal in 2008 in Beijing but were not a team at the Sydney Games, when the competition was held at Bondi Beach. (They won their first at Athens in '04.)

? Jimmy Golen ? Twitter http://twitter.com/jgolen

___

MURDOCH'S POOLSIDE VISIT

Britain's Culture Secretary is in some hot water over a poolside visit with media tycoon Rupert Murdoch.

Jeremy Hunt, the most senior minister responsible for the Olympics, was seen chatting with Murdoch at the Olympic Aquatics Center on Friday night. Both were guests of London mayor Boris Johnson, just a few months after Hunt faced tough questions at the country's media ethics inquiry over his links to the mogul.

In May, Hunt had told Britain's judge-led inquiry into press standards ? which is scrutinizing links between the press and politicians ? that he regretted developing friendly ties to Murdoch's son James.

Opposition Labour Party lawmaker John Mann says the two of them watching together while American Michael Phelps won the gold in the 100-meter butterfly was inappropriate. Hunt, Mann says, should be avoiding Murdoch "like the plague."

Hunt's office insists, though: The minister didn't arrange in advance to meet with Murdoch.

? David Stringer and Raphael Satter ? Twitter http://twitter.com/david_stringer and http://twitter.com/razhael

___

PHELPS: THE FUTURE

"It's just time to move on. There are other things I want to do in my life. I'm not sure staring at a black line for four hours a day is one of them." ? Michael Phelps on his post-Olympian future.

? Jon Krawczynski ? Twitter http://twitter.com/APkrawczynski

___

QUICKQUOTE: GOLDEN BRITS

"Team GB's gluttonous desire for gold shows no sign of being sated. Their extraordinary efforts have brought rapture to streets, parks and living rooms in London and all over the country if not the planet." ? London Mayor Boris Johnson on Britain's six gold medal wins on Saturday.

? David Stringer - Twitter http://twitter.com/david_stringer

___

ENNIS' GOLD

She grinned, blew kisses, and jumped up and down. Then Jessica Ennis leaned in for her gold medal, grinning ear to ear as the crowd roared and the music played ? "God Save the Queen."

Before the medal ceremony, Ennis said of how she felt: "Massive relief. To come into this event with all that pressure with everyone just saying 'Oh, you are going to win gold. You are going to win gold.' I know how hard it has been to win it. Yeah, I just can't believe I've done it. All that pressure is off me now. It's so nice."

For Britain, this is a moment to remember.

? Jenna Fryer ? Twitter http://twitter.com/jennafryer

___

THEY ROAR FOR MO

Olympic Stadium is roaring for Mo Farah, and for the rest of his family.

The British distance runner turned on the jets on the final lap to run away with the men's 10,000 meters on Saturday night. Farah collapsed to the track in tears, then made the shape of a heart to tell 80,000 adoring fans that the feeling was mutual.

Minutes later, Farah's wife and stepdaughter met him on the track, and he scooped up his little girl in a warm embrace.

The family posed for pictures as the cheers continued, a family portrait that will be difficult to top.

?Jon Krawczynski ? Twitter http://www.twitter.com/APKrawczynski

___

QUICKQUOTE: BRITISH PM ON ENNIS

"Awe-inspiring win for Jessica Ennis. Proud to be cheering her on with the home crowd." ? British Prime Minister David Cameron after Ennis won gold in the women's heptathlon.

? David Stringer - Twitter http://twitter.com/david_stringer

___

PARTING GIFT

One last ovation, one last trophy, one last ceremony for Michael Phelps.

FINA president Julio Maglione honored Phelps with a special individual ceremony on the final night of his record-breaking Olympic career. Phelps finishes his career with a record 22 career medals and 18 golds.

Maglione handed Phelps a silver trophy to commemorate his brilliant career, and the touching gesture leaves just one question unanswered:

Shouldn't the trophy have been gold, too?

? Jon Krawczynski ? Twitter http://www.twitter.com/APKrawczynski

___

TAKEN BY SURPRISE

They weren't expecting that one. The home crowd just went wild as Britain's Greg Rutherford took gold in the men's long jump.

From the surprised look on Rutherford's face, he couldn't quite believe it either.

? Fergus Bell ? Twitter http://twitter.com/fergb

___

PHELPS' LAST PODIUM

First he climbed out of the Olympic pool. For the last time. Now, with tears in his eyes and his teammates by his side, Michael Phelps has stepped to the top of the Olympic podium one more time. For the last time.

Phelps hopped up on the podium with teammates Nathan Adrian, Brendan Hansen and Matt Grevers, then clasped hands and raised their arms in celebration of their 4x100 medley relay gold medals.

It's the 18th gold medal for Phelps, who is calling it an Olympic career. He smiled while holding back tears as "The Star Spangled Banner" played at the Aquatic Center. Then he posed with the medal and an American flag before taking one last victory lap.

He tossed his flowers up to his mother, who dropped them on the first try. It's about the only thing that has gone wrong for Phelps on his final night at the pool.

? Jon Krawczynski ? Twitter http://www.twitter.com/APKrawczynski

___

GLITTER FACE

American sprinter DeeDee Trotter took her game face to another level Saturday night.

She plans to raise the bar in Sunday's 400-meter final.

"There's an explosion on my face," she says. "Tomorrow I am bringing it bigger, better."

Trotter paints patriotic designs next to her right eye before she competes. In Saturday's semifinals she had a burst of red, white and blue and said it makes her tougher.

"I keep saying it's like that Mike Tyson-type thing. You know when he came back with the tat, he was crazy, crazy maniac," Trotter says. "He just got in there and did whatever it took, and that's the attitude I'm tying to bring tomorrow. My glitter face just showed that: war paint time, time to get the grind on."

? Jenna Fryer ? Twitter http://twitter.com/jennafryer

___

PHELPS: ENDING IN STYLE

Michael Phelps definitely earned the last gold medal of his incredible Olympic career.

Team USA trailed after two legs in the 4x100 medley relay on Saturday, but Phelps put them back in front and Nathan Adrian blew away the rest of the field as the anchor in the freestyle leg to give the Americans their 30th swimming medal of the London Games. Matt Grevers and Brendan Hansen rounded out the relay squad.

Phelps was stone-faced as he walked into the pool for the final race of his career. He needed every bit of that focus to chase down Japan, which was leading the relay after two legs.

That's 22 medals, 18 of them gold for Phelps in his career. Soon he'll be stepping on the Olympic podium for the final time.

? Jon Krawczynski ? Twitter http://twitter.com/APkrawczynski

___

SWIMMING DOMINATION

Missy Franklin and her Team USA swimming pals are hugging and smiling as they walk out of the pool. They sure have this whole celebration thing down pat.

Franklin, Rebecca Soni, Dana Vollmer and Allison Schmitt set a new world record of 3:52.05 in the 4x100 medley relay on Saturday night, beating rival Australia by nearly two seconds.

The Americans have dominated in the pool in these Olympics, racking up 29 medals so far. That's as many as any other three nations combined.

The four stars embraced after their record swim, laughing and raising their arms in another victory. There was never any doubt in this race, as the Americans jumped out to a big lead early and blazed to a convincing victory.

? Jon Krawczynski ? Twitter http://twitter.com/APkrawczynski

___

EDITOR'S NOTE ? "Eyes on London" shows you the Olympics through the eyes of Associated Press journalists across the 2012 Olympic city and around the world. Follow them on Twitter where available with the handles listed after each item.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-08-04-OLY-Eyes-on-London-Package/id-2d75ed9c1cb8443db588265ebf748356

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Friday, 3 August 2012

Massive Blackout in India Tests Outsourcing Companies' Back-up Plan

Contingency plans for the outsourcing industry is an important matter and should never be taken for granted. A sound plan in cases of emergencies should be one of the decisive factors of businesses looking to outsource their processes because there are businesses where every hour counts and it may directly affect daily operations. This will help them ensure that their work processes for the following day will not be affected and this will assure them that the security of their data remains intact. Business process outsourcing relies heavily on business continuity in cases of emergencies such as natural disasters or civil unrest, and it is only expected from outsourcing companies, especially those that promise a quick turn-around time like medical billing services outsourcing companies, to have back up plans to push through with their operations.

Just as the month of July was about to end, India experienced a massive black-out, a black-out considered as one of the world?s worst power shortages ever. The power shortage, according to reports, happened on Monday and lasted for 15 hours. However, just a few hours after the electricity was restored, a system collapse happened across India?s northern and eastern parts, bringing almost half of the country?s population to darkness. The power outage was said to be caused by some regions exceeding the quota on electric consumption and the power minister of India warned that the states that have exceeded their power quota will be penalized.

The blackout may have affected around 600 million people in India but only a small percentage of that population was able to enjoy generators and most of them are from the cities protecting their businesses. Most Indian companies, particularly those outsourcing companies who have facilities in India such as HCL Technologies (NSE:HCLTECH) and CSC (NYSE:CSC) are well-prepared as news reports have suggested that power interruptions frequently happen in the country. But outsourcing consultancy firm ISG?s partner, Steve Hall, pointed out that solutions providers have already invested in back up plans that are ?capable of providing at least five to seven days of continuous operations in the event of a power failure.? Also, it is important that redundancies in the systems are in place. It is suggested for businesses to know whether their solutions provider to regularly check whether their contingency or redundancy plan is in place.

It has been known that it is not only India who experience power interruptions because it has been reported by China Electricity Council that China will have a power shortfall that may reach 40 million kilowatts this year, which will be reflected in regional, temporal and seasonal failures.

It may be seen that these power shortages in major outsourcing destinations are testing the capabilities of outsourcing vendors to provide continuous service under circumstances brought about by external factors. Outsourcing companies who have set up plans to be in effect during emergencies show that they not only value their clients for the sake of earning money, but they also care about the business of their clients.

Share you thoughts with us in the comments section on what else should be in a company?s contingency plan.

Author: Jamee C.

Tags: BPO, Business Process Outsourcing, CSC, HCL Technologies, NSE:HCLTECH, NYSE:CSC, Outsourcing, outsourcing companies

Leave a Reply

Source: http://www.blog.infinit-o.com/massive-blackout-india-tests-outsourcing-companies-back-up-plan/

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Fascinating Details About Personal Injury Solicitors | Memory Map

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Source: http://map.smithvisual.com/?p=140506

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"Caribou cover up" -- Republicans say White House hides visitors at coffee shops (Washington Bureau)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories News, RSS and RSS Feed via Feedzilla.

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Thursday, 2 August 2012

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