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China Caught Mercedez-Benz Guilty for Vertical Price-Fixing

August 18, 2014 By Kenneth Scott Leave a Comment

The government of China has accused Mercedes-Benz of violating anti-monopoly laws and charging excessive prices for parts. Regulators found that they were engaged in “vertical price-fixing” by abusing their control over supplies of replacement parts according to reports by the Xinhua News Agency. They also said that, investigators from the eastern province of Jiangsu found that prices were so high that purchasing the parts for one Mercedes C-class car would be equal to buying 12 other vehicles. Regulators in China have investigated industries including foreign auto, technology, pharmaceutical and dairy companies since the past two years, using the 2008 anti-monopoly law to force down consumer prices.

“Mercedes-Benz is a typical case of vertical price fixing — that is, the use of its dominant position in after-market parts to maintain price controls,” said Zhou Gao, chief of the Jiangsu price agency’s anti-monopoly unit, according to Xinhua.

 

No indication was given as to the company’s penalty. China has used the 2008 anti-monopoly law against foreign companies more excessively. Other companies being investigated include Microsoft Corp., and Qualcomm Inc.

Mercedes did respond to the investigation earlier, by cutting the price of their replacement parts. They reduced the prices of their windshields by 38%, this was also done by Audi.The European Union Chamber of Commerce in China, in a statement last week, expressed concern foreign companies might be “disproportionately targeted” by regulators.The chamber said it had received reports of “intimidation tactics” by regulators who pressure foreign companies to accept punishments without a full hearing or involving their governments.
“Competition law should not be used as an administrative instrument to harm targeted companies or serve other aims, such as administratively forcing price reductions,” the chamber said.

Filed Under: Business, Headlines

10 Things to Know for Today

August 18, 2014 By Cristopher Hall Leave a Comment

Following are the late-breaking news and the stories which will be talked today:

1.  National Guards for Ferguson:

download (2)The Governor of Missouri sends national guards for Ferguson.Soon after the use of tear gas on the people who were protesting against the deadly shooting of defenseless black teenager by a white policeman. Iraq’s biggest dam:

2. Iraq’s largest Dam

As expressed by the Iraqi army, Iraqi and Kurdish forces got back the Mosal Dam, which was seized by some Islamic militants almost two weeks ago.

3. Israel obliterates the homes of two Palestinian:

Israeli troops destroyed the Herbon homes of two Palestinian activists. These militants were alleged in the kidnapping and murder of three teenagers.

4. Risk of disabilities ascended in American kids:
A study  examines that more children are gravely affected with handicaps, with poorer ones still bearing an inconsistent burden.

5. A last papal appeal in Korea

The pontiff called on Koreans to refuse altercation and find ways to form peace on the war divided peninsula and recognize the troubles of wartime “comfort women” in his Final Mass.

6. In spite of case Perry moves forward with 2016 courtship:

In the next two weeks governor of Texas is visiting three early voting states in the 2016 primaries. Regardless of the criminal act of abuse of power.

7. Ukraine army troops press into a rebel

As stated by the Ukraine’s national security council that the government forces has got hold of the district police station in Luhansk. The Officers considered it as a breakthrough progress in the matter.

8. 37 year high hit

According to the Kentunchy Distillers’ Association the Bourbon production is at the peak with 5 million barrels for the first time since 1977.

9.Pakistan’s Capital in the hand of protestors

People of Islamabad have to face lots of troubles due to the ten thousand protestor who came to the capital city to protest. The motive behind their protest is to exile the present government.

10. Who is on the top of the AP football poll:

Florida state is the pre-season number 1 for the sixth time.

Filed Under: Headlines

Liberia: School turned into an Ebola ward

August 16, 2014 By Roxanne Briean Leave a Comment

It is a devastating reality that every day at least one person dies in West Africa, with the Ebola outbreak in West Africa killing over one thousand people. The outbreak is particularly severe in Movoria, Liberia, where a photographer, John Moore risked getting the virus to take images of the depressing state of the nation.The United Nations has promised to send food supplies to Liberia, Sierra Leone and Guinea since the outbreak has collapsed their economies. The supplies are expected to feed one million. This is perhaps the deadliest Ebola outbreak in history and whereas previously experimental drugs were not allowed to be given to patients in Africa because of potential risks. This week, the World Health Organization gathered a group of ethicists and unanimously decided to that the situation demands that the risk be taken. The experimental drugs were given to two American missionaries and one Spanish priest. The two Americans seem to be recovering while the priest died Tuesday morning. Let us all hope and pray that they will save some lives in West Africa.

Filed Under: Headlines, Health

Report: Stop Buying Ivory Will Stop Killing Elephants Too

August 13, 2014 By Roxanne Briean Leave a Comment

Many of the present day incidents questions on Humanity. Where is it lost?

To what extent we can go to incur wealth and maintain showbiz.

Over the past years, African elephants are diminishing due to epidemic plundering accelerated by sale of ivory tusks in black market. Among them, elephants in Kenya have been the most targeted ones. Last year, 30,000 elephants approximately were slaughtered in Africa, making it one of the brutal acts and a shame on humanity.

People benefiting from this trade include dealers, cartels, vendors and the poachers themselves. A lesser known fact about this ivory business is that around 70 percent of it is pouring into China. A data shows there has been a steep rise on the demand of ivories and people in China are extravagantly spending on it, an exalted economy has pushed the ivory price around &1,000 in the streets of Beijing. Chinese online websites selling different products of ivory cup, combs, bookmarks, chopsticks are on heavy demand and clear techniques are also found on the forums including how to smuggle. Some rock solid evidence sheds light on the fact 150 Chinese citizens were arrested across Africa, for dealing ivory. And highest number of plundering took place where These Chinese were hired for road construction.

Not only this, the urge of expanding this trade has increased so much that in Tanzania, the impoverished are killing elephants by poisoning pumpkins an rolling them into the streets . In Garamba, many Congolese soldiers have been arrested who were seen with slabs of elephant meats and tusks.

Thanks to some organizations who are taking lead to save these innocent species, this inhuman act would have been more than ever imagined if these organizations haven’t come forward to rescue them.

Last week, a baby elephant that got segregated and lost while following a herd of cows was rescued and saved by the team of Kenya based David Sheldrick Wildlife Trust, who has saved many orphaned elephants who would have otherwise destroyed in these heinous acts.

This year, this charity already saved six orphaned elephants. The aerial surveillance method used by this organization helps them in pointing out the herds of elephants and save if any poacher signals to approach them. They even rescue the lost baby or adult elephant. If an elephant is found in a secluded area, they arrange an airplane to transfer the calf to the organizations’ secure place.

Once these baby elephants are transferred to rehabilitation centers, they are grouped with other elephants to get away with the trauma.

Filed Under: Headlines, Tech & Science

Confusion among the climate scientists

August 12, 2014 By Kenneth Scott Leave a Comment

The Intergovernmental Panel on Climate Change recently requested a figure for its annual report, to show temperature trends over the last 10,000 years there seemed to be an evident problem.

Zhengyu Liu from the University of Wisconsin says that data from observation suggests that the Earth is cooling while the physical data suggests the complete opposite.

The problem has been termed the Holocene temperature conundrum. It has tremendously important implications for understanding climate change and evaluating climate models. The authors have however emphasized that this does not negate the evidence of human impact on global climate beginning in the 20th century. The question however remains, who is right? Liu suggests that maybe none of us are completely right, he suggests a data problems or perhaps a model problem, for example some physical mechanisms may be missing from the model.

climate-change

Liu says that they are certain that during the last 10,000 years, atmospheric carbon dioxide rose by 20 parts per million before the 20th century. He thinks that these physical changes suggest that, the annual mean temperature should have continued to warm, even as regions around the world experienced cooling.

Liu and his colleagues created three models which took two years to complete, they ran simulations of climate influences that spanned from the intensity of sunlight on Earth to global greenhouse gases, ice sheet cover and meltwater changes. Each indicates global warming over the last 10,000 years. However, the bio and geo-thermostats used in last year’s study in the journal Science indicates global cooling beginning around 7000 years ago and continuing until the mark of humans became apparent. Liu says, in the North Atlantic there is cooling and warming data that the climate change community has not been able to figure out. Liu thinks that with the current knowledge in perspective, it is difficult to imagine any physical forces in the last 10,000 years that could have been strong enough to curtail the warming indicated by the increase in global greenhouse gases. Climate scientists are to meet this fall to discuss this baffling issue.

Filed Under: Headlines

Biggest and Brightest supermoon, this Sunday

August 9, 2014 By Karen Jackson Leave a Comment

Experts have confirmed that the year’s biggest and brightest supermoon will be appearing on Sunday, August 10th. Well, technically speaking there is only one supermoon every year. A supermoon appears in the event of the moon being closest to the Earth. Other “supermoons” this year like the one on July 12th and another one coming up on September 9th weren’t genuinely supermoons since the Moon will be closest to our planet on August 10th. So Sunday’s supermoon will be quite special.

Before you get too imaginative about the size, Shawn Domagal-Goldman, research space scientist at NASA’s Goddard Space Flight Center in Greenbelt, Maryland points out that the size difference in the dimmest and brightest full moon is only about 10%. So there won’t be a substantial difference between the other supermoons and this one.

”Its going to look biggest and brightest to us when it’s next to the horizon.” said Domagal-Goldman. He encouraged people to take the time out and view the greatness of the our planet’s companion this Sunday. He suggested viewing the Moon when the sky is clear, to get the clear skies, he recommended going out at Moon rise when the sky is relatively clear. He pointed out another interesting fact which many people may have noticed but never really understood the reason for. The Moon appears its biggest and brightest when its right next to the horizon and we can see it right next to known objects like trees. This vast difference in size between Earthly objects and our celestial companion is what makes it look the most majestic to our perception. While the moon will get the closest to Earth on Sunday, it should appear more or less full on Friday and Saturday. Geoff Chester, an astronomer at the US Naval Observatory is optimistic towards the possibility that the supermoon craze may spark an interest in astronomy amongst the masses.

Filed Under: Headlines, Tech & Science

Missing girl investigation turns criminal

August 8, 2014 By Deborah Campbell Leave a Comment

In Washington, 6 year old Jenise Wright was last seen on Saturday night before going to bed, she couldn’t be found and was reported missing the next day by her parents. The police were told that she would wander around the neighborhood. Now an FBI team has discovered what seem to be her remains in a wooden are near the mobile home park where the child lived. Kitsap County Sheriff’s Deputy Scott Wilson said, “This is going to be a criminal investigation, there’s no doubt about that.” The deputy also informed that formal identification is expected on Friday.

 

Filed Under: Headlines, United States

Astronaut Tweets sad Photo Of Israel Bombing Gaza

July 24, 2014 By Deborah Campbell Leave a Comment

Alexander Gerst, a German astronaut currently stationed in the International Space Station, has tweeted a picture of the current situation between Israel and Hamas. The photo, which was uploaded to Gerst’s personal twitter account, purports to show rockets and explosions throughout the region, made visible through the fact that the sun doesn’t enter the photo from any perspective.

0724-Israel-Gaza-space_full_600The photo, which Gerst has described as his saddest one yet, comes after the death toll in the conflict currently waging in the area has risen to over 700 people. Gerst also noted in his tweet that, from the International Space Station, him and the other astronauts aboard can see the explosions as they occur.

Currently, the International Space Station orbits at approximately two hundred and twenty miles above the surface of the earth.

This is far from the first time that astronauts aboard the International Space Station have been able to capture historical and newsworthy events while still orbiting. Back in 2001, Frank Culbertson, who was aboard the International Space Station at the time, managed to capture a massive plume of smoke escalating from the twin towers after terrorists hijacked two planes and flew them straight into the buildings.

Speaking in a video released on the tenth anniversary of the attack, Culbertson said:

“I didn’t know exactly what was happening, but I knew it was really bad because there was a big cloud of debris covering Manhattan. That’s when it really became painful because it was like seeing a wound in the side of your country, of your family, your friends.”

Gerst has taken may photos from the International Space Station since his arrival in May; many of these include places that he has been on holiday, including the Great Salt Lake in Utah, as well as photographing the river Nile and the pyramids.

Filed Under: Headlines, Tech & Science

Astronaut Tweets sad Photo Of Israel Bombing Gaza

July 24, 2014 By Deborah Campbell Leave a Comment

Alexander Gerst, a German astronaut currently stationed in the International Space Station, has tweeted a picture of the current situation between Israel and Hamas. The photo, which was uploaded to Gerst’s personal twitter account, purports to show rockets and explosions throughout the region, made visible through the fact that the sun doesn’t enter the photo from any perspective.

The photo, which Gerst has described as his saddest one yet, comes after the death toll in the conflict currently waging in the area has risen to over 700 people.  Gerst also noted in his tweet that, from the International Space Station, him and the other astronauts aboard can see the explosions as they occur.

Currently, the International Space Station orbits at approximately two hundred and twenty miles above the surface of the earth.

This is far from the first time that astronauts aboard the International Space Station have been able to capture historical and newsworthy events while still orbiting. Back in 2001, Frank Culbertson, who was aboard the International Space Station at the time, managed to capture a massive plume of smoke escalating from the twin towers after terrorists hijacked two planes and flew them straight into the buildings.

Speaking in a video released on the tenth anniversary of the attack, Culbertson said:

“I didn’t know exactly what was happening, but I knew it was really bad because there was a big cloud of debris covering Manhattan. That’s when it really became painful because it was like seeing a wound in the side of your country, of your family, your friends.”

Gerst has taken may photos from the International Space Station since his arrival in May; many of these include places that he has been on holiday, including the Great Salt Lake in Utah, as well as photographing the river Nile and the pyramids.

Filed Under: Headlines, Tech & Science

Malaysian Airline Crash took Two Employees from Phillips

July 21, 2014 By Karen Jackson Leave a Comment

Royal Philips NV (PHIA) recently reported that they lost two employees when the Malaysian Air Flight MH17 crashed in Ukraine, killing a total of 298 people most of whom were from Netherlands. The plane was flying from Amsterdam to Kuala Lampur when it was hit by a surface to air missile.

Malaysia Airlines MH17 crash site

The company CEO Frans van Houten, in an interview with Bloomberg TV, today, expressed remorse towards the incident and said that it was a “ terrible terrible thing”. He also suggested that the issue should be investigated by the governments of the countries involved. Van Houten declined to comment on any corporate fallout from rising tensions between the EU, Russia and the US. He also advised against jumping to conclusions on the transpired event, stating that the governments should look into it.

Phillips has a partnership in heath care with MEDSI, which is Russia’s largest network of private clinics ; to develop a network that efficiently provides medical care in Russia. The company is also in a joint venture for the production of light emitting diodes with JSC Optagon.

Filed Under: Headlines, United States

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