Iva’s Explained}

IVA’s Explained

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stickystebee-16825If you ask the average man on street what an IVA is, he’ll likely say he’s heard of it, but then end up furrowing his brow in confusion, which is a common reaction. Many people are aware of something called an ‘IVA’ whether that’s from an advert or newspaper article, or daily life, but few are aware of the ins and outs of this financial term.First of all, IVA stands for Individual Voluntary Arrangement, and is basically an alternative for people who wish to avoid formal bankruptcy. An IVA for the most part is a process which only happens in the UK, and it was first introduced as a part of the insolvency act 1986, which set out amongst other things the governing of IVAs.What an IVA essentially does is set out a formal repayment plan for people who are in debt and facing bankruptcy, as an alternative to bankruptcy, and can be flexible in consideration of ones income and other such factors.There are many advantages to an IVA as opposed to beginning bankruptcy proceedings, the first of which is privacy. When an individual is declared bankrupt this information is published in their local newspaper and also in the London Gazette, a publication which has existed for centuries. However, debtors who are partaking in an IVA will have their details published on the online Personal Insolvency Register, much like those declared bankrupt.Another rather large advantage that an IVA offers over being declared bankrupt is the fact that debtors can both continue trading – those declared bankrupt are not allowed to act as the director of a company and must disclose the fact that they have been declared bankrupt when obtaining credit for self-employment reasons – and also obtain credit – those declared bankrupt are by definition restricted from obtaining credit, where those in an IVA are not.One disadvantage of an IVA however is the fact that an income based IVA can last up to 5 years, whereas a bankrupt individual can be discharged in under a year.

First of all,

[youtube]http://www.youtube.com/watch?v=cGZMzFcF2V0[/youtube]

IVA

stands for Individual Voluntary Arrangement, and is basically an alternative for people who wish to avoid formal bankruptcy. An

IVA

for the most part is a process which only happens in the UK, and it was first introduced as a part of the insolvency act 1986, which set out amongst other things the governing of IVAs.

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Chinese government to safeguard old Beijing

Saturday, March 26, 2005

Beijing’s city legislature has approved a bill, one year in the making, to safeguard the historical and cultural heritage of old Beijing. The new 41-article set of regulations will come into effect May 1, requiring the city to protect listed heritage sites and unlisted sites deemed of historical or cultural value. It also guarantees protection for the area within the city’s Second Ring Road.

Director of the Beijing Administrative Bureau of Cultural Heritage, Mei Ninghua, said “the most encouraging content of the regulations is that Beijing will pay more attention to protecting the old city’s landscape in its entirety, rather than just focussing on scattered heritage sites.” This means the old city layout, colours of buildings, and the names of houses and lanes will have legal protection.

“We took measures to protect the city’s siheyuan courtyard houses by tagging protection plates on more than 650 of them in 2003, preventing them from being demolished or damaged during the city’s massive housing reconstruction projects,” said Mei.

“Now the new regulations give legal buttress to the protection of siheyuan courtyard homes, as well as other unmovable ancient treasures, that have yet to be listed but are at risk of being demolished during urban renovation.”

Modern Beijing, capital of China for 850 years, was built by Mongul Emporer Kublai Khan in 1267 AD. In the vicinity of the current city once was Ji (?), the capital of the State of Yan (?), a power of the Warring States Period – but it has been lost in the mists of time.

Disney buys Pixar

Tuesday, January 24, 2006

The Walt Disney Company has finalized a US$7.4 billion deal to acquire its long-time partner Pixar in an all stock buy-out. The deal will make Steve Jobs, current Pixar and Apple CEO, Disney’s largest shareholder with about 7% (valued at over $3.5 billion) and a member of the board of directors.

The merger was speculated all day Tuesday on the stock market and the announcement came just after trading closed for the day. Terms of the merger include Pixar’s John Lasseter becoming Disney’s new chief creative officer in charge of animation at the combined Disney-Pixar Animation Studios, as well as principal creative advisor at Walt Disney Imagineering, the unit of the company responsible for research and development of Disney theme parks worldwide.

Jobs purchased what became Pixar for $10 million in 1986 from George Lucas’s computer animation division at Lucasfilm. Toy Story, its first feature film came a decade later, and began a long string of animation hits, including Finding Nemo. Such successes proved to be increasingly elusive for Disney to manage on its own. The partnership between the two studios had become shaky in recent years, as former Disney head Michael Eisner clashed with Jobs over the renewal terms of their agreement. In 2003, prior to his dismissal from Disney, Eisner infuriated Pixar’s creative team by predicting Finding Nemo would be a failure. Steve Jobs broke off negotiations in January 2004, having told one executive previously, “I don’t see how the relationship can continue as long as Eisner is there.”

Several large explosions reported in Xinjiang, China

Sunday, August 10, 2008

Authorities say that “violent terrorists” attempted to blow up sites in the Xinjiang province of the country. Police say at least 11 people were killed, all except one were reported to be the attackers responsible for the blasts. Police say three more were arrested and another three are “still at large.”

Monsters and Critics.com quote Deutsche Presse-Agentur as saying witnesses on scene reported a plane flying over the town of Kuqa which was followed by 20 large “flashes”, but “no fire or smoke” which was then followed by “sporadic” gunfire. According to Xinhua the explosions occurred at about 3:20 local time (19:20 GMT) and 4:00 (20:00 GMT).

Despite the claims by police, Xinhua stated that authorities sealed off the town where the attacks have occurred and exchanged gunfire with the terrorists killing at least one while another, strapped with explosives, detonated himself. One other terrorist was injured and one was arrested. Military personnel were also reported to have been dispatched to the area. One early report stated that the government offices in Kuqa are unaware of any bombings.

The explosions, which witnesses report as home-made, were directed toward shopping centers, government buildings, hotels and military offices. At least two police cars were also destroyed by the blasts. Xinhua reports that the bombs were “bent pipes, gas canisters and liquid gas tanks.” One attacker drove a three-wheeled bike packed with explosives into the public safety building in Kuqa, which killed one security official and injured two civilians. Hours later, while police were hunting for more suspects, several terrorists began to throw bombs at them. Police killed two, while three others who were strapped with explosives detonated themselves.

Police and government officials refuse to confirm or deny the reports by Xinhua.

The Xinjiang region has a strong independence movement, largely in the form of 8 million Muslim Uyghurs. The East Turkestan Islamic Movement wishes to create an independent Islamic state out of part of what is currently Xinjiang. China has stated that the Uyghur separatists are the biggest potential terrorist threat to the 2008 Olympics in Beijing.

No one has claimed to be responsible for the blasts.

Questions raised about McCain’s choice of Palin, aides insist “thorough vetting” process

Wednesday, September 3, 2008

Various questions have been raised about the choice of Alaska Governor Sarah Palin as Senator John McCain’s choice for Republican vice presidential running mate. There have been doubts over how thoroughly McCain had examined Palin’s background before announcing that he had selected her to be his running mate on August 29. McCain’s advisers insist that Palin was “thoroughly vetted,” a process that would have included a review of all financial and legal records as well as a criminal background check.

Palin is the Republican Party’s first female candidate for Vice President. In 1984, Geraldine Ferraro was Walter Mondale’s running mate on the Democratic Party ticket.

Yesterday, Palin and her husband issued a statement saying that their 17-year-old unmarried daughter Bristol is five months pregnant and that she intends to marry the father of the baby. The statement came after media speculation and internet rumours that Palin’s 4-month-old son, Trig, was in fact her grandson, and that the mother is Bristol.

Senator Barack Obama, McCain’s opponent in the 2008 election, was asked to comment on Palin’s family situation:

“Let me be as clear as possible… I think people’s families are off-limits, and people’s children are especially off-limits. This shouldn’t be part of our politics. It has no relevance to Governor Palin’s performance as governor or her potential performance as a vice president,” said Obama.

Obama further told reporters to “back off these kinds of stories” and noted that he was born to an 18-year-old mother himself. Obama became annoyed when asked about a news report that quoted an unnamed senior McCain campaign aide saying that Obama’s name appears in liberal blogs speculating about Trig’s parentage. “I am offended by that statement… There is no evidence at all that any of this involved us.”

“We don’t go after people’s families; we don’t get them involved in the politics. It’s not appropriate, and it’s not relevant,” Obama added. “Our people were not involved in any way in this, and they will not be. And if I ever thought that there was somebody in my campaign that was involved in something like that, they’d be fired.”

The McCain campaign said that Senator McCain was aware of Bristol Palin’s pregnancy before he asked her mother to join him on the ticket. McCain reportedly did not see the pregnancy as a detriment to Governor Palin’s selection as the vice presidential candidate.

McCain told reporters that he was satisfied with his campaign’s vetting process: “The vetting process was completely thorough and I’m grateful for the results.”

Governor Palin has hired a private lawyer in a legislative ethics investigation in Alaska into whether she abused her power in dismissing the state’s public safety commissioner, Walter Monegan. The investigation is checking into whether Palin dismissed Monegan for his reluctance to fire Palin’s former brother-in-law, Mike Wooten.

There is no sign that Palin’s formal nomination this week at the Republican National Convention was in jeopardy. The controversy adds anxiety to Republicans who are worried that Democrats would use the selection of Palin to question McCain’s judgment. Republicans were quick to note that Palin has “more executive experience” in elected office than does Obama and have gone on the offensive.

McCain’s choice of Palin came as a shock to some, after it was expected that McCain would choose Joe Lieberman, Tim Pawlenty, or Tom Ridge for the vice presidential nomination. McCain had reportedly met Palin only twice before her selection, and had his first face-to-face interview with her on August 28. McCain offered Palin the vice presidential spot just moments after their meeting concluded. The two appeared at a campaign rally event the following morning in Dayton, Ohio.

Dog’s throat cut in Cairns, Australia

Thursday, July 15, 2010

In what the RSPCA calls a “horrific” case of animal cruelty, a dog’s jaw was taped shut, and its throat cut, in Cairns, Australia.

The Staffordshire mix, who was found by police in a critical condition last Thursday, was reportedly struggling to breath and bleeding heavily due to her throat being slashed and her muzzle being bound.

“The way they cut was almost down to the larynx, so muscles were cut but luckily they missed the jugular veins,” said Sarah Gill, the vet who stitched the 10 cm long, 3 cm deep cut.

In a statement reported on Tuesday, Inspector Cameron Buswell, a law enforcement officer with the RSPCA animal welfare charity, said it is hard to comprehend that there are people in the community capable of this level of cruelty.

“This would have to be up there as one of the more horrific cases we’ve dealt with […]The poor dog must have been petrified. How she didn’t die is miraculous.” he said.

Named ‘Franky’ by rescuers, the dog is progressing well along her road to recovery, has a warm, loving and kind nature, and has begun to come out of her shell, Buswell said.

“She is a really nice natured animal and she loves being with people.”

This has become apart of string of violent attacks on pets in Queensland. Another dog in North Queensland named ‘Boof’ was beaten and left to die with a 30 kg chain around his neck in January. In May, a family dog in Toowoomba had its throat slit and a rubber band placed around the wound, twice.

The RSPCA is appealing for information from the public regarding the person or persons responsible for the latest attack.

Truck bomb kills at least 80 in Afghan capital city center

Wednesday, May 31, 2017

In what Afghan president Ashraf Ghani called “a crime against humanity,” earlier this morning, local time, a septic tanker truck filled with explosives detonated not far from the German embassy in Kabul’s Wazir Akbar Khan area, during the city’s morning commute. According to the country’s health ministry, at least 83 bodies have been found and over 450 have been wounded. The ministry’s spokesperson, Ismail Kawasi, said most of the victims were civilians, including children.

It was a car bomb near the German embassy, but there are several other important compounds and offices near there too. It is hard to say what the exact target is

“The attack demonstrates a complete disregard for civilians and reveals the barbaric nature of the enemy faced by the Afghan people,” Ghani said in an official statement. “The terrorists, even in the holy month of Ramadan, the month of goodness, blessing and prayer, are not stopping the killing of our innocent people,” he said. General John W. Nicholson Jr., commander of American and North Atlantic Treaty Organization forces in Afghanistan congratulated city security forces for preventing the truck from coming any closer to important government buildings and embassies.

This attack was unusual, though not unheard of, because of the sheer volume of the bomb involved. According to Kabul’s police chief, General Hassan Shah Frogh, “The blast was so huge that it dug a big crater as deep as four meters” (13 feet) and it damaged buildings as far as one mile (1.2 km) away.

Though an initial report by Interior Ministry spokesman Najib Danish claimed the site of the detonation as near one of the gates to the Afghan Presidential Palace, it was actually closer to the German embassy, which sustained considerable damage, according to NBC. Germany currently has more than 950 soldiers in Afghanistan as part of NATO’s Resolute Support Mission and helped the Afghan security personnel in their training. “It was a car bomb near the German embassy, but there are several other important compounds and offices near there too. It is hard to say what the exact target is,” said police spokesperson Basir Mujahid.

The Taliban has denied any association with this attack. Western countries have been fighting the Taliban in Afghanistan for about 15 years, including the U.S., Germany, and Britain, but many of these countries withdrew much of their forces before 2015. Since then, the Taliban has come to control about 40% of Afghanistan, per U.S. estimates.

Bolivian troops told to seize natural gas fields

Monday, May 1, 2006

Bolivian President Evo Morales has ordered that all foreign-owned natural gas fields be turned over to the national government of Bolivia.

President Morales signed a decree that orders troops to seize the fields “immediately” to ensure gas production. The decree also says that companies have 180 days to sign over their fields or leave the country.

The fields are owned by such companies as the United States‘ Exxon-Mobil Corporation, Brazil‘s Petroleo Brasileiro SA, Spanish-Argentine Repsol YPF SA, and Great Britain‘s BG Group PLC and BP PLC.

“The looting by the foreign companies has ended. We are not a government of mere promises, we follow through on what we propose and what the people demand. We want to ask (the Armed Forces) that starting now, they occupy all the energy fields in Bolivia along with battalions of engineers,” said Mr Morales after signing the decree.

“The time has come, the awaited day, a historic day in which Bolivia retakes absolute control of our natural resources,” added President Morales.

One of Morales’ vows in his presidential campaign was to “recover” the country’s natural resources by renationalizing them. President Morales explained, on a visit to Brazil in January, that renationalising the industry would not mean expelling foreign companies or expropriating foreign property. “Foreign companies have every right to recover investments and make profits, but profits should be balanced”.

Bolivia has the second largest supply of natural gas in South America after Venezuela.

UAE launches national authority for scientific research

Wednesday, March 19, 2008

The United Arab Emirates (UAE) has announced its first national authority for scientific research (NASR) to coordinate and fund scientific research in the country.

The national authority for scientific research was announced on March 7 by Shaikh Nahyan bin Mubarak Al Nahyan, UAE minister for higher education and scientific research. NASR will begin with an annual budget of AED100 million (approximately US$27.2 million). The authority hopes to receive additional contributions from the public and the private sector.

NASR will look to fund research projects in various fields, including engineering, technology, medicine, water and agriculture, proposing specific projects to be competed for by researchers at universities and private research institutes.

“Projects are going to be selected to help promote scientific research and the growth of UAE society and we will compare them with international scientific research criteria,” Gulf News quoted Al Nahyan as saying at the launch.

NASR will also train scientists and develop programmes for promoting public science awareness. It will also coordinate with government authorities on the issue of intellectual property rights, by providing advice on how companies and research centres should go about protecting their discoveries in the form of patents or licenses. It will also provide scholarships for researchers in the UAE to work on international research programmes, and organise national scientific conferences. NASR forms part of the UAE’s strategic plan to improve higher education and scientific research.

Zakaria Maamar, associate professor at the College of Information Technology at Zayed University, UAE, told Science and Development Network (SciDev.Net) that, “This initiative is another boost to the research and development activities that are carried out in the UAE. It will definitely provide researchers with the appropriate funds to sustain such activities and promote best practices in the community.”

Said Elnaffar, assistant professor at the college of information technology at the United Arab Emirates University, told SciDev.Net that, with this initiative, the UAE is taking the lead and setting a good example by building a strong development infrastructure founded on knowledge discovery and research.


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