Commonwealth Bank of Australia CEO apologies for financial planning scandal


Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

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Malaysia Airlines Flight 17 shot down over eastern Ukraine, killing 298


Saturday, July 19, 2014

Malaysia Airlines Flight 17, a Boeing 777, was shot down by a surface-to-air missile on Thursday according to US officials, over disputed eastern Ukraine by an unidentified party.

The flight, which departed Amsterdam Airport Schiphol in The Netherlands at 10:15 UTC en route to Kuala Lumpur International Airport in Malaysia, disappeared from radar at 13:15 UTC near Hrabove, a village in the Donetsk Oblast of Ukraine. 283 passengers and 15 crew were aboard the aircraft, all 298 in total perished. The area the plane was flying over is a conflict zone currently between Ukrainian forces and pro-Russian separatist forces.

United States officials confirmed the aircraft has been shot down, according to data from a surveillance satellite which showed the last trajectory and impact of the missile. The missile is believed to be a Buk M1 surface-to-air missile which are believed to be in the hands of rebels according to reports from the area.

So far no party has claimed responsibility for the attack. Ukrainian officials denied the missile which shot down the airliner belonged to Ukraine. Pavlo Klimkin, Ukraine’s foreign minister, said to The Guardian, “We are absolutely sure and we checked yesterday that no missiles have been taken from the Ukrainian army”. The Security Service of Ukraine (SBU) published on YouTube an alleged wiretap of separatist commanders and Russian intelligence officers discussing the shoot-down and acknowledging the aircraft shot down was civilian.

Meanwhile, Russia’s defense ministry has denied involvement, posting a statement on their website which read, “In view of various types of speculation concerning operations of the Russian armed forces in the areas bordering Ukraine, we affirm that the anti-aircraft means of the Russian armed forces did not operate in that region July 17”.

Ukrainian president Petro Poroshenko said, “This was not an ‘incident’, this was not a ‘catastrophe’, this was a terrorist act”. Malyasian prime minister Najib Razak, said, “If it transpires that the flight was shot down, we insist that the perpetrators must swiftly be brought to justice.”

All civilian aircraft have been barred from flying over eastern Ukraine. The US’s Federal Aviation Adminstration issued a Notice to Airmen (NOTAM) prohibiting flight operations by United States carriers over eastern Ukraine. However, questions remain as to why the aircraft was flying over the contested area. Eurocontrol noted airspace was closed up to 32,000 feet. Flight 17 was flying at 33,000 feet just above the restricted airspace. Malaysia Airlines issued a statement saying “The usual flight route was earlier declared safe by the International Civil Aviation Organisation (ICAO). [The] International Air Transportation Association (IATA) has stated that the airspace the aircraft was traversing was not subject to restrictions.”

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Eight Skincare Tips For Men


Submitted by: Danica Reynes

You can take care of your skin by small regular skin care routines like hydrating yourself, eating a healthy diet, buying the right facial cleanser, using an alcohol-free balm, protecting your skin from the sun, moisturize, protecting your lips, and taking care of your hands.

All people, whether male or female, need to feel good about themselves; skincare is not limited to women! Men should follow their own unique skincare routine. There are many products similar to Argan oil skin products that are natural and beneficial for both men and women. Some extra advice for guys:Stay hydrated.

Hydrating yourself daily is one of the simplest and most fundamental ways to have healthy skin. Try drinking a minimum of 64 ounces of water each day. You are advised to increase your water consumption if you regularly drink coffee, alcohol, soda, and other dehydrating beverages.

Take advantage of eating a healthy diet

The food you eat affects your skin’s health. To prevent skin aging and damage rely on a balanced diet that includes vegetables and fruits. Also, start eliminating, or at least reducing junk foods and alcoholic drinks.

[youtube]http://www.youtube.com/watch?v=Ca6nUlxjajo[/youtube]

Buy the right facial cleanser

Although it is usually not recommended, still most of the men just go in for the use of a soap cake for washing and cleaning of their faces. Harsh soaps will rob your facial skin of moisture. Select a facial cleanser specifically matched to your skin type rather than using the same bar soap that you use to cleanse your body.

People should use balm without alcohol

Alcohol-based aftershaves can irritate your skin, and if you use them, you probably feel a burning sensation after application. Check the label of the shaving balm always before you buy, and opt for an alcohol-free balm instead of the general harsh aftershave. There are also balms that have the added benefits of being a moisturizer and can soothe and calm your skin.

Your skin should be protected from any harmful effects caused by the sun

Overexposure to the sun will hurt your skin and dry it out. Staying out of the sun is the most effective way to shield your skin from sun damage. If this situation is inevitable, you should always be sure to apply sunscreen with enough SPF before exposing yourself outside

Hydrate

The early development of lines and wrinkles can be avoided by moisturizing the skin. Luckily, there are various different moisturizers that are made specifically for men. You can either opt for Fragrance-Free Moisturizers or ones that have Fragrances too.

Protect your lips

Your lips can be very painful when chapped or dry. Extreme weather conditions are one of many causes for them. Be sure to purchase lip balm with some level of SPF; this allows you to hydrate your skin while protecting it from sun damage.

Make sure to care for your hands

Don’t forget about your hands. Hand lotion or a moisturizer can be a great idea for dry and rough hands. Some skincare lines specialize in products for men.

Invest time and the right products in your skincare as it affects your self confidence.

About the Author: Visit this site to learn more about products from

Argan oil skin

care at http://www.arganoilshop.com/blog/category/skincare/.

Source:

isnare.com

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Category:Science and technology


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‘Astonishing’ figures show 800 Scottish NHS staff earning over £140,000


Sunday, November 28, 2010

In tough financial times we need to make sure that our focus is on patient care and every penny is spent in the most efficient way.

Over 800 National Health Service staff in Scotland are earning more than £140,000 each year—more than First Minister Alex Salmond. New figures also reveal that 3,000 NHS workers are earning over £100,000. One NHS board alone, NHS Greater Glasgow and Clyde, employs 893 staff earning more than £100,000, and 181 being paid over £140,000.

Jackie Baillie, health spokeswoman for the Labour Party, which uncovered the figures, said they were “astonishing”, and urged health boards to examine if savings can be made by reducing salaries of top earners. “This is a far better option than cutting frontline staff like nurses and midwives. In tough financial times we need to make sure that our focus is on patient care and every penny is spent in the most efficient way.” She further said: “In the current economic climate, it is impossible to justify huge salaries for consultants and senior executives when health boards are planning 4000 job losses this year, including 1500 nurses and midwives.”

Britain’s largest health service industrial union, Unison, questioned the amount of money the NHS was paying. A spokesperson said: “Unison doesn’t begrudge anybody the rate of pay for the job but obviously our membership will be concerned that while they are to face a pay freeze and people delivering frontline services are losing their jobs, there is a cohort of folk who appear to earn more than the most senior politician in the land.”

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Termites Removal In Folsom, Ca, Should Be Handled By Professionals


byadmin

Whenever a home is threatened by natural events or pests, homeowners should take quick action to protect their property. While many environmental concerns can damage a home, pest infestation is one of the most damaging and severe. Termites are especially threatening and are capable of causing extreme damage to a home in a short period of time. Any homeowner who feels termites may be present on their property should immediately seek the help of an experienced exterminating service. Termites Removal in Folsom CA, requires specific products and treatments to regain control of the home and rid the area of these pests.

Termites will eat all types of natural building materials, but they greatly prefer to eat wood. Those with wood frame homes, dead trees, or other wooden structures on their property should regularly check for the presence of termites. If left untreated, termite infestations can quickly cause massive issues to homes. Termite colonies of thousands can appear from only a few initial bugs and, as the colonies grow, they require more food. This can be devastating to homes as the insects continue to eat more and more of the building. The structural damage that requires massive repair work and expensive reer Termite & Pest Control should be called for help as soon as possible.

Termites Removal in Folsom CA, is possible by using several different methods. The home can be tented and fumigating using toxic gases that kill all of the insects inside. For this type of treatment, people will have to leave their homes for a period of a few days, as the gases are also harmful to humans and pets. Fumigation is very effective at removing all of the present insects, but it does not protect against future infestations. Another option is to use pesticide spikes that will be inserted into the foundation, siding, and ground around the home. This option takes longer to work, but it does keep termites from developing in the future.

Termites are capable of causing a large amount of damage to a home. When termites are suspected near a home, it is best to get help from a qualified exterminator. By using either fumigation or poison spikes, termite colonies can be eradicated.

Finnish internet censorship critic blacklisted


Tuesday, February 12, 2008

The Finnish police have added Finnish hacker Matti Nikki’s website lapsiporno.info criticizing Internet censorship to Finland’s new national child porn filter. The blacklisting was noticed when Finland’s second largest Internet service provider Elisa started blocking the page today. More of the ISP’s are expected to join the filtering when their blacklists are updated from the police’s master list.

The banned site has been a harsh critic of Internet censorship over the last three years. It contains information and news about how censorship has been discussed and developing in Finland. Although the site’s provocative name is lapsiporno.info (“childporn.info”) there is no child porn on the site – the content is mainly text.

Tekniikka & Talous magazine asked Commissioner Lars Henriksson of Finland’s National Bureau of Investigation (NBI) why the page was censored. His answer was that he cannot discuss individual sites, but said that sites which are linking to child porn pages are also within the scope of the law. This interpretation, however, seems to conflict with the actual laws, the scope of which was supposed to be only sites with illegal pictures in foreign countries.

On Wednesday, NBI confirmed that site was censored because it published and maintained an incomplete version of the Finnish child porn blacklist. Nikki’s list contained roughly two-thirds of the 1500 blacklist entries, and it was created by scanning a large amount of sites and logging the censored pages.

The scan also found that the top three results of a Google search for “gay porn” are blacklisted, and that most of the blocked sites are actually physically located in the United States or the European Union.

Leena Romppainen of Electronic Frontier Finland commented that “The local authorities have taken no action on these sites. Therefore, either the sites do not contain child pornography or the NBI has not informed the local authorities. Both of the alternatives are equally scary.”

Matti Nikki’s opinion is that the majority of the censored sites are legal adult sites and that the police are not doing that much research when they are deciding which sites to block.

Internet censorship has been a hot topic in Finland as of late. There have been proposals of extending Internet filtering to Internet gambling sites, sites related to terrorism and violence, and torrent-tracker The Pirate Bay.

Wikipedia has more about this subject:

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Reasons Behind Growing Popularity Of Prada Sport Sunglasses


Reasons behind Growing Popularity of Prada Sport Sunglasses

by

Fabian Alexander

Few sports like swimming, skiing and golf would require the players to use special protection to their eyes. Keeping this in mind Prada has designed exclusive sports sunglasses. Prada sports sunglasses are quite simple in comparison to most other models offered under the same brand.

Prada sports sunglasses are also referred to as linea rossa which means red line featuring all other sunglasses. Prada sunglasses are quite unique and distinctive. This makes them easily recognizable and hence they are most sought after product.

Prada has identified that majority of sports sunglasses are not reliable. Bearing this fact in mind, they have come up with a more robust and durable product capable of withstanding all kinds of climatic conditions. The manufacturers of Prada brand have designed this model not only to look stylish but also gave it s sporting twist in order to stay ahead of competition in eyewear industry.

[youtube]http://www.youtube.com/watch?v=l7scMhyc9J8[/youtube]

Prada is renowned for being distinctive not only in terms of quality but also for its style statement. Anticipating the demand of customers few years down the lane, Prada sports sunglasses have been designed. The characteristics of this brand are taken from its Italian heritage. This company is adopting changes in its technology constantly to come up with flawless products. The same has been proved in the design of Prada sports sunglasses.

Prada sport sunglass is trendy and a must accessory for all those people who want to stand amongst the crowd. Prada sports sunglasses are identified by their strong sense, intense technical character and most importantly style. Since all Prada sport sunglass originate in Italy, they come with strong authentic Prada case or pouch and a cleaning cloth.

Although Prada is known for its classic and stylish shades of sunglasses, the company had been through lot of phases before establishing itself in the eyewear market. Initially this company focused on producing leather goods. Gradually it diversified its activities and gradually entered style clothing and accessory segment. In fact it is only in the past few years that they started offering designer sunglasses, spectacles and many more.

With high profile celebrities like Cameron Diaz, Uma Thurman and Jessica Simpson promoting the brand, Prada sunglasses established themselves in the hearts of customers within no time. Thus they were able to withstand severe competition from other popular brands like Gucci, Ray ban and other brands.

The popularity gained by this brand is so high that today Prada provides sunglasses to accompany designer clothing. Despite being priced slightly higher than most of its other counterparts, Prada sports sunglass is worth every single penny invested on it. Prada sunglasses come in different colors and shades. However, silver and brown are predominantly seen in the market.

Quality, appeal, style, durability, design and comfort are some of the unique features of Prada sports sunglasses. Unique frame shades, long lasting nature, affordable prices, protection to eyes against UV rays and international manufacturing standards make them popular across the globe.

Guy Reyes is the author of this article on Prada Sport Sunglass. Find more information about Prada Sport Sunglasses here.

Article Source:

ArticleRich.com

Ontario Votes 2007: Interview with Communist Party candidate Shona Bracken, Toronto Danforth


Sunday, October 7, 2007

Shona Bracken is running for the Communist Party in the Ontario provincial election in Toronto—Danforth. Wikinews interviewed her regarding her values, her experience, and her campaign.

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News briefs:May 08, 2010


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