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Nov 29, 2011

BUSINESS News, Nov 29, 2011


CEO Tim Granger, other top officers, managers at Compton Petroleum resign
Winnipeg Free Press
Meanwhile, Theresa Kosek, vice-president, finance and chief financial officer, is retiring, thecompany announced. "We are very grateful to Tim and the management team for their leadership through the significant changes the corporation has undergone ...
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Be a Jerk: The Worst Business Lesson from the Steve Jobs Biography
The Atlantic
The next batch of business books: The 7 Habits of Highly Effective Assholes, The One-Minute Asshole, and Who's The Asshole Who Moved My Cheese? But such subtleties may be lost on CEOs, middle managers and wannabe masters of the universe who are...
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The Atlantic
Intesa Management Board Said to Review Cucchiani Appointment as New CEO
Bloomberg
The risk of a departure of the two internal candidates and other managers may lead to a “power vacuum at the top” and “destabilize the company in the short run,” they said. Intesa, the only Italian lender among the top five that doesn't need additional ...
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Ex-Liontrust CEO looks to challenge fund fee model
London South East
g an asset management business model that will waive fees if its funds fail to beat benchmarks, as cost-conscious clients start to balk at hefty fund charges. Legge, who ran Liontrust before stepping down last year after the firm lost most of its ...
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Does this mean Reed Hastings won't be Microsoft's CEO?
CNET
So, managers made a bad deal and to be fair, there's no way they could have foreseen the recent troubles and the effects on the business. On the other hand, leaders should have known the price of content would go up and expenses from overseas expansion ...
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CNET
From a Spartan start, scrappy firm sprouts a family tree
Richmond Times Dispatch
Ashley Witherow, production manager at Dominion Payroll Services, works in the office in Richmond as company co-founder and CEO David Gallagher looks on. Credit: EVA RUSSO/TIMES-DISPATCH Education: Graduate of what now is Benedictine College ...
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BPI unveils first mobile banking platform for businesses
Malaya
"BPI ExpressLink Mobile is the country's first mobile cash management facility designed forbusiness users," says Bess J. Basa, BPI Vice President and Cash Management Head. "This technology allows our customers to monitor their deposit account balances ...
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Hermes Fund Managers CEO steps down
Pensions & Investments
By Thao Hua Rupert Clarke, CEO of Hermes Fund Managers, is leaving the company, according to Saker Nusseibeh, head of investment, who is replacing Mr. Clarke on an interim basis. Hermes, which had £20.9 billion ($32.4 billion) in assets under ...
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Corzine Pushed Europe Bet to $11.5 Billion as Board Balked
BusinessWeek
“This was a board that could not possibly have been more expert in exposure to risk, a board with at least as much, if not more, expertise than the CEO,” said Jeffrey Sonnenfeld, senior associate dean at the Yale University School of Management in New ...
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Business viewpoint: CEOs should look into high turnover rates
Tulsa World
Your benefit plan manager is seeing an overall increase in depression and/or anxiety medication costs. Nervous breakdowns are a weekly occurrence in a particular department or division. (You may think I'm kidding here. I'm not.) Don't allow your CEO ...
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People and businesses on the move in Escambia and Santa Rosa counties.- 11:00 pm
Pensacola News Journal
In 2004, Wenrick accepted an account manager position with a major insurance broker, where she managed more than 100 clients. Justin A. Beck, president of Beck Property Company, LLC, has earned the certified property manager designation from the ...
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Aviator Teaches Companies to Fly High and Fast
MarketWatch (press release)
PETALUMA, Calif., Nov 28, 2011 (BUSINESS WIRE) -- Prolific business leader and five-time successful entrepreneur Peter Howley has advised and acted as interim CEO for more than thirty companies in the past twenty years. His particular talent for ...
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Two Wall Street Titans, and a Seven-Year Tiff
New York Times
Mr. Ackman now leads Pershing Square Capital Management. His long court fight with Mr. Icahn involved a relatively small 2004 deal. In one corner is Carl C. Icahn, the corporate raider who madeCEO's tremble back in the 1980s and, at 75, ...
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Interstate Hotels regains its footing: Is an IPO in the future?
Washington Post
1, he will inherit a company that has fought its way back from the brink of collapse to regain its position as a hospitality powerhouse. The firm, one of the nation's largest independent hotelmanagers, has made six major acquisitions in the past 11 ...
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Colonial First boss to replace Dexus chief
The Australian
MANAGEMENT: Victor Hoog Antink is to retire from Dexus Property Group after eight years at the helm, during which he transformed three small trusts into one of Australia's largest diversified listed trusts. "I am leaving the company in a fabulous ...
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Gross Dominance in Jeopardy as Indexing Revolution Engulfs Bonds
BusinessWeek
Assets in exchange-traded funds that track bond markets more than quadrupled since the beginning of 2008 to $168.3 billion, data from the Investment Company Institute show. Investors are paying closer attention to the value added by active managers as ...
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Pri-Med sold; John Mooney returns as CEO
Medical Marketing and Media
Pri-Med founder John Mooney and his former management team have returned to the firm, which is under new ownership following M|C Holding's sale of Pri-Med's US assets to Canadian event and media producer Diversified Business Communications. ...
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Report: CEO Pincus' hard-driving Zynga culture tough on employees
TechFlash
In a inside look at the company famous for its FarmVille and CityVille online games, The New York Times says that under Pincus, Zynga workers are putting in long hours under heavy scrutiny.Managers “relentlessly track progress,” and those who can't ...
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Six Things to Do Now for Your 2012 Job Search
Huffington Post (blog)
I was brought in to organize the front office and coordinate customer-service issues between our sales team and the Finance/Client Support groups, and to support the company's CEO with his travel, appointments and project management. ...
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Ipsos chooses country managers for combined business
Research Magazine
Ipsos's Jeff Cail and Gary Bennewies will manage the US and Canadian businesses, with Odmar Almeida as country manager for Brazil. Synovate's North American CEO Scott Miller will leave his current role in early 2012. In Asia, Ipsos's Shunichi Uchida ...
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How Paulson Gave Hedge Funds Advance Word of Fannie Mae Rescue
BusinessWeek
Around the conference room table were a dozen or so hedge- fund managers and other Wall Street executives -- at least five of them alumni of Goldman Sachs Group Inc., of which Paulson was chief executive officer and chairman from 1999 to 2006. ...
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The fight for control of Canadian Pacific Railway
CTV.ca
Teck CEO Don Lindsay credits Mr. Green for repairing the relationship by committing last year to invest in increased train and track capacity and loading innovations that have enabled the miningcompany to speed up and increase the size of its coals ...
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Faster, cheaper, better
The News Journal
Using the wealth of recorded data, warehouse managers can see which pallets of inventory move most frequently. That inventory can then be stored in easily accessible areas. Less frequently-moved material can be tucked in the back. The company's systems ...
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The Dumbest Idea In The World: Maximizing Shareholder Value
Forbes
CEOs and their top managers have massive incentives to focus most of their attentions on the expectations market, rather than the real job of running the companyproducing real products and services. The “real market,” Martin explains, is the world in...
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Forbes
Alfa Laval's Capital Markets Day -- Summary of the Business Updates
MarketWatch (press release)
LUND, Sweden, Nov 22, 2011 (BUSINESS WIRE) -- Alfa Laval's Capital Markets Day, held today in Copenhagen, Denmark, started with a presentation by Lars Renstrom, President and CEO of the Alfa Laval Group (sto:ALFA). He announced a new organization, ...
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Why The PayPal "Mafia" Was So Great: Yammer CEO David Sacks Explains
Business Insider
Also, the company never believed conventional wisdom about what it could not do, and it failed a lot, fast. Some of the lessons learned, like to stick with visionary founders over "professional" managers, and to use platforms from bigger companies to ...
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Business Insider
Welcome to the new workplace
Vancouver Sun
Having the CEO behind the effort "gave the initiative credibility with employees and managers," she said. . Managers will undergo more training. Managers who successfully supervise teams in the future will move from control-ling to enabling, ...
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European debt crisis taking down private equity managers
Pensions & Investments
By Drew Carter The European debt crisis is exacerbating pressures on private equitymanagers doing business there, providing another challenge to their ability to sustain their businesses and keep talent. “The market has expected a substantial number ...
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Pensions & Investments
A Place for Mom Gets New CEO, Plans to Enter New Markets
Senior Housing News
Groups like the National Association of Professional Professional Geriatric Care Managers say thebusiness model of referring customers only to those facilities it has contracts with is unethical. According to APFM, it's the largest senior living ...
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New Sasol CEO's pay - Theo Botha (shareholder activist); and Hyprop placement ...
Moneyweb.co.za
They were extremely uncomfortable about this issue and, if I was a new CEO coming into thecompany, being a foreigner coming into South Africa, I would never put myself in thatposition, especially coming from America. So many articles have been written ...
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CEOs: Burning bright or burning out?
CNN
Most CEOs are at the mercy of their diaries, their businesses, the press and their shareholders. With the western economies entering a long, hard winter, and the rising competitiveness of easternbusinesses, CEOs in western countries face some of the ...
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BNY Mellon Asset Management to change name of its US equities product offering
Banking Business Review
BNY Mellon Asset Management International CEO Alan Mearns being able to offer an alternate Investment Adviser from their high quality stable of asset management companies with a skill set that matched those of Newton was the most important priority for ...
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Emerging hedge fund managers gaining attention despite data
Pensions & Investments
Seed investor IMQ Investment Management's business model relies on catching new companies launched by very experienced investment teams even earlier: The firm is involved right from the start as the first investor in the new hedge fund. ...
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Pensions & Investments
Concordis Group, Inc. Completes Acquisition of Advance Underwriting Managers, LLC
MarketWatch (press release)
Trent S. Sommerville, Chairman and CEO of Concordis Group, Inc. stated, "We are pleased to announce we have completed the acquisition of Advance Underwriting Managers, LLC, which broadens the services we offer and creates additional long-term value for ...
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Aurigo Announces the Launch of Projectworks
MarketWatch (press release)
With release of the new online solution, Balaji Sreenivasan, Founder & CEO of Aurigo Software Technologies, said, "Project managers today want a solution that can be quickly implemented and is easy to use for the entire project team. ...
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For Laurel Mall's small businesses, Black Friday fizzles
Gazette.Net: Maryland Community News Online
It brings retailers the business they need to establish positive earnings for the year, moving into “the black.” Managers of the small retail stores in the mall said Friday that they think the news of the upcoming demolition kept shoppers away. ...
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Bergstrom's Jack Shaffer Re-Elected HDMA Chairman
Truckinginfo
More > American Trucking Associations has reached an agreement on a new three-year contract with association President and CEO Bill Graves.... More > Company drivers and owner operators may nominate their trucking companies as one of the Truckload ...
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Cummins to Expand Test Center in North Carolina
Truckinginfo
More > Growth potential in Volvo Group's existing business, combined with higher cost efficiency, give the company the potential to increase its operating margin by at least 3 percentage points, according to President and CEO Olof Persson. ...
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Eaton Vance's CEO Discusses FQ4 and Full Year 2011 Results - Earnings Call ...
Seeking Alpha
While rollercoaster rides can be entertaining at the amusement park, in the financial markets they present difficulties for asset managers like Ethan Vance. Those of you who have heard our presentation at the Bank of America Merrill Lynch Financial ...
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Grandeur Peak Analysts Choose Company Visits Over Thanksgiving
San Francisco Chronicle (press release)
Commented Robert Gardiner, CEO and portfolio manager, "We believe the discipline of our process and the commitment of our team sets us apart. There are great undiscovered companies in all parts of the world, but you have to be willing to get off the ...
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FDB holds stakeholders meeting on Food Safety Situational ...
By ekow
Management Tips. “Work happily together. Don't try to act big. Don't try to get into the good graces of important people, but enjoy the company of ordinary folks. And don't think you know it all. Never pay back evil for evil. Do things in such a way that ... In a speech read for him, the Chief Executive Officer of the FDB, Dr. Stephen K. Opuni, Deputy Chief Executive (CEO) in charge of Food, Mr. John Odame Darkwa said the Board as a matter of urgency was coordinating with the appropriate ...
Ghana Business News
Zip Manager and CEO things easy news | Enrolsolution - Your ...
author of the article Carlenemiyashiro Browser, easy news is something you can easily use. This is the reason can be found ... Enrolsolution – Your Business Solutions. Zip Manager and CEO things easy news. By. Wednesday, November 23 ...
www.enrolsolution.com/zip-manager-and-ceo-things-easy-ne...
Executive pay: Don't blame the CEO - Fortune Management
But CEOs aren't to blame, their bosses are. ... fifty management thinkers and ten most influentialbusiness professors in the world. ... 2011 Cable News Network. ...
management.fortune.cnn.com/2011/11/.../dont-blame-the-ceo/
Barrick Announces Changes to Senior Management: Market Wire ...
Find news for: ... appointed President of the North America Business Unit and Mike Feehan, currently Senior Vice President Operations Support, assuming the ...
money.msn.com/business-news/article.aspx?feed=MW...
CEO and top Sarasin managers resist Baer takeover: paper | Reuters
ZURICH (Reuters) - Twelve top managers at Swiss private bank Sarasin , including its Chief Executive Joachim Straehle, have ... More Small Business News ...
www.reuters.com/.../us-sarasin-baer-idUSTRE7AI0IO2011111...
email: info@als-alexander.org or interalex2@gmail.com
Surrender the Heart (Surrender to Destiny)Alexander Dictionary of English Idioms: English-FrenchAlexander Dictionary of English Idioms: English-SwedishUnder the SunStealing Jake

AUSTRALIA Summer News, Nov 29, 2011


Generation next's time is rapidly approaching
Sydney Morning Herald
It's good to know you're in their thoughts and you could be playing the first Test [of thesummer] or the last one, you never know,'' said James Pattinson before the AustraliaA game against New Zealand. His words could not have been more prophetic. ...
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Sydney Morning Herald
I'll know when it's right time to go: Ponting
Sydney Morning Herald
Australian players, from left, Pat Cummins, Phillip Hughes, Doug Bollinger and Usman Khawaja pose for the media launch of the domestic summer series. Photo: Steve Christo RICKY PONTING has never been a walker, but the former captain will not wait for a ...
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Sydney Morning Herald
Australia's top 20 hot holidays
Stuff.co.nz
The Queenscliff to Sorrento ferry in Victoria has had a multimillion dollar facelift just in time forsummer and new features include a much-improved lounge and wine and beer tastings as well as live music and an on-board cafe. ...
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Australia coach says rebuilding 'may take years'
AFP
"If by the end of the summer we can bolster our squad from 15 guys capable of playing international cricket at any given time to a squad of 20 to 25, then Australian cricket is going to be in a really healthy state. "It's by default that this ...
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AFP
Socceroos suffer a shock
ESPN
Australia and Iran will always share the emotion, passion and drama that was played out during their 1998 World Cup play-off on an early summer afternoon in Melbourne 14 years ago. Australia, no longer in Oceania, now face Asian teams in their regular ...
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ESPN
Was Australia's victory a bad thing?
Fox Sports
While the performances of Patrick Cummins and Usman Khawaja bode well for the future, the return to form of some of Australia's veterans have complicated matters ahead of a home summer that consists of six Tests in two months. ...
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Tread with caution as South Australia sizzles
Stock and Land
WEATHER conditions last week offered just a taste of what is to come this summer, according toCopper Coast Council fire prevention officer Fred Munzer. Temperatures across South Australiasoared 15C degrees above average during the time, resulting in ...
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Australia's change of tack on uranium exports will help to refashion Asia ...
The Japan Times
The US announced a permanent military presence in Australia and the move to send 250 US Marines to bases there for six-month tours starting next summer, eventually rotating 2500 troops through the country, is being widely viewed as the start of a new ...
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Safety barrier regulations explained in time for summer pool safety
Infolink Architecture & Building
Exemptions apply depending on the size of the property With the introduction of the Building Code ofAustralia 2010, all pools built after July 1, 2010 must be surrounded by a fence which separates the pool from the house. No exemptions apply Once a ...
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Melbourne, Australia: Into the city's hidden laneways
Telegraph.co.uk
... in the 20cm x 30cm space at its front door, the smallest art gallery in Australia. Among them, too, are the facade of Newspaper House (247-249 Collins Street), home of The Herald and The Weekly Times, which is hidden in summer behind trees. ...
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Telegraph.co.uk
Hussey hopes youngsters gel
ESPNcricinfo.com
"All the guys get very excited for the start of the Australian summer, which is always here at the Gabba. I think we really enjoy playing in the fast, bouncy conditions. We adapt to those conditions very well. We've played a lot of our first-class ...
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ESPNcricinfo.com
DealTalk: Australia's buyout industry sees more deals
Reuters
"Many firms did not have as much bandwidth to go looking for new deals, and most got behind the investment pace of normal times," said Joe Skrzynski, founding partner of CHAMP Private Equity, one of Australia's three biggest buyout firms. ...
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Cricket is being destroyed by this indecent obsession with money
Telegraph.co.uk (blog)
But it is not clear that the visit of the South Africans will even be the main event of thesummer, which starts off with a three-Test contest against the West Indies, followed by an inexplicable series of one-day games against Australia. ...
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Telegraph.co.uk (blog)
PM dodges bullets, but the trenches are relentless
The Canberra Times
Christmas is nearly here and with it comes the long, languid summer holiday. The gardens are blooming thanks to rain and the economy is stable. The champagne is sparkling and we've finally limped through another long parliamentary year where the ...
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Johnson could miss entire summer
Fox Sports
Surgery would be a rotten end to a disappointing year for Johnson, who has managed just 13 wickets at 57 despite being by far Australia's most experienced bowler with 188 wickets from 47 Tests. With the latest setback, 50 Tests and 200 wickets appear a ...
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Lions want 12-month commitment from coach
BBC News
The choice of Lions coach will be announced after the 2012 Six Nations and would be allowed to undertake summer 2012 tour duties. Wales play three Tests in Australia inJune 2012, while Scotland also face the Wallabies before heading for the Pacific ...
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BBC News
Samantha Harris: A breathtaking inspiration
Melbounre Times Weekly
Samantha Harris aims to be Australia's first indigenous supermodel. As Rick Molinsky reports, she's well on her way. MELBOURNE'S weather isn't playing fair. We've ditched the planned poolside bikini shots due to the threat of rain, but luckily our ...
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THE RATINGS RACE: The nerds settle in for the silly season
Sydney Morning Herald (blog)
Look at how many times Australia's favourite sitcom appears in the chart. It is to Nine what The Simpsons used to be to Ten and How I Met Your Mother used to be to Seven. Meanwhile, who is watching The Hour? I reckon it's not bad, if a bit melodramatic ...
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Sydney Morning Herald (blog)
Chalmers takes Australian PGA in playoff
iseekgolf.com
And so three of the four much hyped and significant events of the Australian summer are over. The PGA Tour of Australasia heads to New Zealand next week for the New Zealand Open at Clearwater Resort followed by a one week break and then the JB Were ...
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Trainer saddling up for a sizzling summer
The Age
A number well short of the heady times of just three weeks ago. ''It's just senseless putting horses through the spring carnival that haven't got what it takes. They are the toughest races against horses coming from all over Australia with the same ...
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The Age
Homes lost as high winds fan Australian bushfire
AFP
Bushfires are a regular summer feature in Australia where in February 2009 the deadly "Black Saturday" firestorm claimed 173 lives in southeastern Victoria state -- the nation's worst natural disaster of modern times. Bushfires are a regular summer ...
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AFP
A test of teamwork, engineering skill and endurance across the Australian Outback
MIT News
... stressful summer filled with numerous 16-hour workdays in Building N51 on the MIT campus, the workspace for student clubs and teams supported by the Edgerton Center. The hard work paid off and Chopper del Sol was up and running in time for the WSC. ...
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2 Cellos Join Elton John in Australian Tour Dates
Broadway World
Having spent the European summer touring with Elton John, it's now Australia's turn to welcome 2 Cellos to its shores. The Croatian-born duo will be performing live alongside the Rocket Man at each and every date across the country starting this ...
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State Government lags on Mick Keelty fire report
Perth Now
The United Fire Fighters Union of Western Australia told the committee that there were still major concerns about a lack of staff and a lack of equipment in the lead up to summer. The Union said the state's fire services were only going to be effective ...
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Suspected million-dollar bag man in hospital as police search for answers
Sydney Morning Herald
The man was spotted at Summer Hill yesterday afternoon and taken to Burwood police station. He was already looking ill at that time, acting Superintendent Pryde said. "He didn't present very well when he was here so what we did is we arranged for an ...
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email: info@als-alexander.org or interalex2@gmail.com
Surrender the Heart (Surrender to Destiny)Alexander Dictionary of English Idioms: English-FrenchAlexander Dictionary of English Idioms: English-SwedishUnder the SunStealing Jake

ASEAN News, Nov 29, 2011

Southeast Asian Youth Ship Heads To Vietnam
Bernama
HO CHI MINH CITY (Vietnam), Nov 29 (Bernama) -- The 38th sailing of the Southeast Asian Youth Ship Programme, on the ship Fuji Maru, will arrive in Saigon port, here on Dec 4, according to the Standing Committee of the municipal Ho Chi Minh Communist ...
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