Archive for July, 2013

A man is but the product of his thoughts what he thinks, he becomes

Friends always ask me ” why you like all these quotes / motivation ?”

My view is the same as this , what we think about we become .
Everything we see around us today ( except nature , that’s god thoughts ) was once an idea in someone head , our thoughts today becomes tomorrow reality .

That’s why

Mahatma Gandhi: A man is but the product of his thoughts what he thinks, he becomes

20130727-115629.jpg

US in FATCA talks with 80 jurisdictions

Totally scary , in my opinion this is more power to the USA to collect information on US taxpayers & non US taxpayer. Even the government don’t know how to enforce / police this .

US in FATCA talks with 80 jurisdictions.

In recent weeks, we have learned that FATCA is being delayed yet again, marking F-Day as July 1, 2014. Now it has become clear that the reason behind the extension is due to an ‘overwhelming interest’ in FATCA from several jurisdictions worldwide.

Since it is complex, even illegal in some places, for Foreign Financial Institutions (FFIs) to report directly to the Internal Revenue Service (IRS), the US has developed intergovernmental agreements (IGAs). That way, as required to comply with FATCA, the FFIs give all the tax dirt to their own governments, which in turn swap tax data with the IRS.

Tax experts commented that this may be the most important recent development, as the US has since successfully signed nine IGAs and is currently engaged in discussions with over 80 other jurisdictions.

Thus far, the signed IGAs are: UK, France, Germany, Italy, Spain, Japan, Switzerland, Canada, Denmark, Finland, Guernsey, Ireland, Isle of Man, Jersey, Mexico, The Netherlands and Norway.

Meanwhile, the FATCA registration website should be open by August 19, 2013, allowing financial institutions time to begin testing the process and entering information. Some said that, ‘For many in banking and financial services, the world will never be the same’. It will also never be the same again for US expats worldwide.

Enacted in 2010, FATCA targets US taxpayers using foreign accounts and requires foreign institutions to tell the IRS about accounts held by US taxpayers, or foreign entities in which US taxpayers hold substantial ownership. To avoid a withholding tax, a participating institution must enter into an agreement with the IRS to (i) identify US accounts; (ii) report personal information regarding US clients to the IRS; and (iii) withhold a 30% tax on certain payments to non-participating FFIs and account holders who are unwilling to provide the required information.

20130727-112926.jpg

Alex Flynn Prepares To Take On The Ultimate Mountain Ultra In His Campaign To Run 10 Million Meters By 2014

He’s a true inspiration ,please donate .

T

AdveAlex Flynn Prepares To Take On The Ultimate Mountain Ultra In His Campaign To Run 10 Million Meters By 2014.

Adventurer, endurance athlete, and relentless fundraiser, Alex Flynn, is set to take on one of his toughest challenges to date, the Beyond the Ultimate, Mountain Ultra on 2nd August 2013, in his bid to run, cycle, swim, climb, kayak or crawl 10 Million Meters by early 2014.

After being diagnosed with Young Onset Parkinson’s disease in 2008, Alex has dedicated his life to raise funds to help find a cure for the disease. He has made it his mission to cumulatively run 10 Million Metres by 2014, and raise over £1 million for both the Michael J Fox Foundation for Parkinson’s Research and the Cure Parkinson’s Trust.

The Beyond the Ultimate, Mountain Ultra, a 220km multi-stage event over the infamous Rocky Mountains, Colorado, USA, is the world’s first and only self-sufficient multi-stage mountain ultra, starting in the picturesque town of Crested Butte.

The race takes a wild and rugged tour of some of the wildest and most remote regions in Colorado, all the way through Aspen and finishing in Snowmass. Participants will take part at over 9000ft, rising to 13000ft, and is deemed the toughest of the Beyond the Ultimate Ultras Series. Runners are self-sufficient, carrying their own provisions such as food, water, clothing and sleeping arrangements.

Ahead of the race, father of three Alex, aged 41, comments: “As I start to edge nearer that 10 Million Meters mark, every step I take in each race is a real milestone in what I set out to achieve with this challenge. It has by no means been an easy ride to get to where I am today, as I battle gruelling training schedules alongside the day-to-day effects of a relentless and unforgiving disease.

“10 Million Meters has become my life, and I have currently run 9,386,315 metres in competitive racing, which means I’m around 94% of the way there! My aim is make the Dubai Marathon in January 2014 the race where I hit that special milestone. However, I still have a lot of hard work ahead to make that happen, starting with the Beyond the Ultimate Mountain Ultra.

“World wide there are over 7 million people with this disease, more than 120,000 people have Parkinson’s in the UK, with 10,000 diagnosed each year, many are under the age of 40 (the youngest was 10 years old), and there is currently no cure. I am sure that, within my lifetime, we will find a cure or treatments, which will change the lives of millions around the world. So while I am able, I am going to run, walk, climb and do anything else in my power to raise awareness of Parkinson’s disease and funds to facilitate the much needed research.”

For more information on Alex and 10 Million Metres you can visit http://www.alexflynn.co.uk/. To support him in his mission, you can donate at http://www.justgiving.com/Alex-Flynn. You can also check out his progress by following him on Facebook, Twitter and Vimeo.

20130726-215106.jpg

China will invest £180bn to clean up Beijing’s air

China will invest £180bn to clean up Beijing's air.

The Chinese government has promised to invest a massive £180bn to tackle the problem of smog in Beijing.

Smog is a source of increasing social discontent in China, and the new government’s five-year plan to get rid of air pollution, worth more than the total economic output of Hong Kong in 2012, shows how serious the problem is.

The money will be spent mainly in regions that have heavy air pollution and high levels of dangerous microscopic particles.
The programme was confirmed by Wang Jinnan, vice-president of the Chinese Academy for Environmental Planning.

Newspaper China Daily said the plan targets Beijing, the neighbouring port city of Tianjin and densely populated Hebei province, which surrounds them.

Beijing’s smog stems from years of industry, motor vehicles, heating and power generated from coal. It is a smear upon the country’s image abroad and makes life difficult for residents.

In March, air quality in the capital hit a new 50-year low, sending lung cancer rates soaring.

The government plans – backed by the State Council – are to reduce air emissions by 25% by 2017 compared with 2012 levels in those areas, according to the report.

However, it is thought that at least a decade has to pass before any real difference is felt.

20130726-081950.jpg

Jane Austen unveiled as face of new £10 note

Jane Austen unveiled as face of new £10 note.

As of 2017, Jane Austen will be the face of the new £10 banknote.

The note featuring the 19th-century author will replace the current note featuring Charles Darwin as soon as it ceases circulation.

Mark Carney, the new Governor of the Bank of England, announced his decision today, following a high profile campaign to ensure that a woman remained on an English banknote, after Sir Winston Churchill replaced Elizabeth Fry on the £5 note.

The decision meant that there would be no women represented for their contributions to the country’s history on the British banknote, apart from Her Majesty the Queen, a move which prompted a major online campaign set up by women’s rights advocate, Caroline Criado-Perez.

Mr Carney has also today agreed to review the Bank of England’s process for selecting historical figures to appear on banknotes, acknowledging concerns that had been raised recently about the diversity of characters on the notes.

Features of the new Jane Austen £10 note, which will be issued within a year of the Sir Winston £5 banknote, include a quote from her most famous novel, Pride and Prejudice – “I declare after all there is no enjoyment like reading!”, a portrait of the author and a picture of her writing table against the backdrop of Godmersham Park – the home of her brother, Edward Austen Knight.

20130725-160400.jpg

Japan subsidises political party by ¥31.5 billion/$315m a year !

I was reading a article in the Japan Times “LDP to receive 3.5% more in state subsidies after election victory” and was gob smacked in the amount the state subsidises the political party to the tune of ¥31.5 billion/$315m a year .They are divided up based on the number of lawmakers belonging to each party and the ratio of votes garnered in general elections.

That’s nearly 250¥/ $2.50 for every man woman and child in Japan !!!

That’s scary and such a huge waste of money .

Not sure what you think .

20130725-123402.jpg

China manufacturing activity slumps to 11-month low

China manufacturing activity slumps to 11-month low.

A decline in new orders caused China’s manufacturing activity to fall to an 11-month low in July, according to a preliminary survey by HSBC.

The bank’s Purchasing Managers’ Index (PMI) fell to 47.7 from 48.2 in June. A reading below 50 shows contraction. The HSBC reading has been below that level for the third month running.

Fears of a slowdown have been plaguing China’s overall economy, as data released earlier this month showed that China’s economic growth slowed in the April to June period, the second straight quarter of weaker expansion.
The world’s second biggest economy grew by 7.5% compared to the previous year, down from 7.7% in the period from January to March.

Demand for China’s exports has slowed recently, signaling bad news for China’s manufacturing and export sectors which have been the key drivers of the nation’s economic growth for the past few decades.

But China’s key markets such as the US and Europe have their own problems to deal with, as they wrangle with slowing economic growth. A slowing demand from key markets, paired with less domestic consumption could hurt growth in China’s manufacturing sector and impact China’s overall economic growth.

20130724-185154.jpg

%d bloggers like this: