Wednesday, December 31, 2008

Conflict Diamonds

"As a result of the Kimberley Process Certification Scheme, diamonds are among the most monitored and audited of any natural resource in the world. This system has proven to be an essential and effective tool in combating the scourge of conflict diamonds." by Eli Izhakoff, Chairman World Diamond Council.

The Kimberley Process was launched in 2003 to control and monitor the trade in rough diamonds. In just three years, the international community has made remarkable strides to certify the $30 billion annual international rough diamond trade by creating a documentary record of rough diamonds from mine to polishing. Rough diamonds must be shipped in sealed containers and exported with a Kimberley Process Certificate which certifies that the diamonds are conflict free.

Tuesday, December 23, 2008

Forest Harvesting

The harvesting operation are carried out based on scientific principles of forestry. The trees, which are to be felled are marked in the coupes which are due for felling. Marking is an act of identifying and numbering suitable trees. It is done in accordance with marking rules prescribed. This work is performed by Territorial Forest Divisions. After marking, the coupes are handed over to the by Production Divisions for felling.

The felling operations are undertaken in the coupes observing all precautions. Felling normally commences in the month of September/October. After the felling of trees, logging, dragging, stacking etc. is done in coupes. Thereafter, the forest produce like timber, poles, fuel, bamboo and khair are brought to the respective depots of the divisions for sale and disposal. Newly harvested material normally starts arriving in the depot during October.

Thursday, December 18, 2008

Types of Investment Companies

Legally known as an "open-end company," a mutual fund is one of three basic types of investment companies. While this brochure discusses only mutual funds, you should be aware that other pooled investment vehicles exist and may offer features that you desire. The two other basic types of investment companies are:

Closed-end funds — which, unlike mutual funds, sell a fixed number of shares at one time (in an initial public offering) that later trade on a secondary market; and

Unit Investment Trusts (UITs) — which make a one-time public offering of only a specific, fixed number of redeemable securities called "units" and which will terminate and dissolve on a date specified at the creation of the UIT.

"Exchange-traded funds" (ETFs) are a type of investment company that aims to achieve the same return as a particular market index. They can be either open-end companies or UITs. But ETFs are not considered to be, and are not permitted to call themselves, mutual funds.

Monday, December 08, 2008

FDI

Foreign investment is essential for the long-term health of the UK economy because of its contribution to creating and underpinning British jobs, as well as boosting local and regional economies.

International investors are some of our biggest and most innovative manufacturers, and service providers, bringing enormous benefits to the UK. These include not only job and wealth creation, but also an injection of innovation to process, product and organisational structure, adding to UK capacity in output, R&D and exports.

International investment allows companies to achieve growth and economies of scale that domestic markets alone would not allow. This makes them more productive and profitable with greater capacity for job and wealth creation. The expansion of high productivity businesses helps strengthen competition within the economy as companies are exposed to new ideas and practices.

Friday, December 05, 2008

Lead-Based Paint

Lead has long been recognized as a harmful environmental pollutant. In late 1991, the Secretary of the Department of Health and Human Services called lead the "number one environmental threat to the health of children in the United States." There are many ways in which humans are exposed to lead: through air, drinking water, food, contaminated soil, deteriorating paint, and dust. Airborne lead enters the body when an individual breathes or swallows lead particles or dust once it has settled. Before it was known how harmful lead could be, it was used in paint, gasoline, water pipes, and many other products.

Old lead-based paint is the most significant source of lead exposure in the U.S. today. Most homes built before 1960 contain heavily leaded paint. Some homes built as recently as 1978 may also contain lead paint. This paint could be on window frames, walls, the outside of homes, or other surfaces. Harmful exposures to lead can be created when lead-based paint is improperly removed from surfaces by dry scraping, sanding, or open-flame burning. High concentrations of airborne lead particles in homes can also result from lead dust from outdoor sources, including contaminated soil tracked inside, and use of lead in certain indoor activities such as soldering and stained-glass making.