Showing posts with label fisher capital world news. Show all posts
Showing posts with label fisher capital world news. Show all posts

Saturday, April 16, 2011

Fisher Capital Management Corporate News: What’s News: World-Wide

http://online.wsj.com/article/SB10001424052748704495004576265124008297558.html?mod=googlenews_wsj
Tuesday, December 21, 2010 As of 6:42 PM EST

Libya Rebels Build Parallel State

By CHARLES LEVINSON

[REBSTATE]Agence France-Presse/Getty ImagesLibyans held Friday noon prayers in Benghazi on Friday. The opposition’s authority, based in the eastern city, have taken steps to show they are committed to equality and democracy.
BENGHAZI, Libya—Rebels here have drafted a constitution that calls for full equality regardless of gender, race or religion, part of their effort to convince the world they are committed to democracy and deserve international support.
The document represents a milestone in the rebels’ effort to move rapidly from a grass-roots uprising to a government with all the trappings of statehood.
The progress in Benghazi contrasted with the rebel fighters’ struggle to make gains in the military battle against Col. Moammar Gadhafi’s forces. President Barack Obama, in an interview with the Associated Press, said the fight was at a stalemate, but that Col. Gadhafi was under growing pressure to quit.
The North Atlantic Treaty Organization’s civilian chief Anders Fogh Rasmussen on Friday echoed an op-ed statement by Mr. Obama and his French and British allies that NATO’s mission would continue until Col. Gadhafi was gone.
Col. Gadhafi’s forces continued to shell the contested city of Misrata Friday—though during a respite there, several ships were able to dock, deliver aid and evacuate some of the thousands of migrant workers trapped there, according to rebels and aid organizations. But Human Rights Watch said it had evidence that Col. Gadhafi’s forces have fired cluster munitions in the city. Most countries have banned the use of such weapons, which can endanger civilians.
Rebels seeking stronger aid in their fight have reached out to show their commitment to Western values and allay concerns about the role of Islamist fighters in their military.
The temporary constitution, drafted by a group of intellectuals for the Benghazi-based Transitional National Council, is one of the many signs of the rebels’ effort to build a new Libya.
In recent weeks, the rebels have received foreign envoys and visiting heads of state as a sovereign government would. They have taken steps to govern their borders, such as making a new exit and entry stamp for visitors, and recording arrivals and departures. They have formed parallel leaderships and new headquarters for critical government institutions, such as the central bank and the National Oil Company. They are in the process of re-creating a tax authority.

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Alongside these steps, rebels see what they consider to be growing signs of international recognition, including proclamations of support at a conference in Doha this week.
“Our friendship is slowly developing with the U.S. and the Europeans,” said Gen. Ahmed al-Ghatrani, a rebel military commander in Benghazi.
The constitution’s preamble says its aim is a Libyan society based on “freedom, justice, and equality, and a democratic government based on political pluralism, peaceful transition of authority, and an independent judiciary.” The document also enshrines freedom of speech, media and peaceful assembly.
A senior rebel official said the document won’t be officially adopted until eastern Libya is reunited with the west after Col. Gadhafi’s ouster. At that point it will only serve as a temporary constitution until a more expansive formal document is drawn up with broader popular input.
“It tells the world who we are and what we want,” said Abdel Moneim Bendardf, a senior adviser to rebel leader Mustafa Abdel Jalil.
The constitution was drafted by a group of advisers to the rebel governing council that first proposed Mr. Jalil to be president of the rebel governing body and which drafted a list sanctions on Col. Gadhafi’s regime that the rebel government submitted to the United Nations.
Rebel leaders appeared to be succeeding in their bid to impress Western powers, many of whom, including the U.S., U.K., France, Italy and the European Union, have sent envoys to Benghazi in recent weeks.
“We are ready to open a consulate here for the long run,” said a Western envoy, who said he was “impressed” with what he had seen of the rebels.
In most cases, those envoys have been empowered to speak on behalf of their home governments, an authority usually reserved for ambassadors serving in the capitals of sovereign states.
When a delegation of African heads of state and officials visited the rebel capital to present a peace proposal on April 11, the full contingent of diplomats and international press was on hand for the event. The rebel leadership appeared more stately than ragtag.
They smoothly executed customary diplomatic and ceremonial procedures for state visits. They provided Mercedes cars and black-suited security escorts for the visiting dignitaries, red carpets, and even newly minted diplomatic VIP plates adorned with the tricolor flag of Libyan independence.
The new interim chiefs appointed by the rebel leadership say they will step down once the country is reunited.
“Once we kick Gadhafi out, there are many younger people who should take the lead in running the national oil company and other companies,” said 74-year-old new chairman of the rebel-run National Oil Company, Wahid Bugaighis. “We are too old for that.”
—Sam Dagher and Stephen Fidler contributed to this article.

Fisher Capital Management Corporate News: Scam targets retail shoppers

http://www.thefranklinnewspost.com/article.cfm?ID=18841
Friday, April 15, 2011
By K.A. WAGONER – Staff Writer
When Betty Wagoner of Ferrum received a $3,920 check in the mail, she knew it was “too good to be true,” so she gave the check to a police officer.

Along with the check, Wagoner received a letter, stating that she had won $55,000 because she was chosen at random from customers of Walmart, K-mart, Kohl’s, Safeway or Best Buy.

The letter instructed her to use the check to pay the government taxes of $2,785.

“If you receive a check in the mail that you are not expecting, you should know it’s a scam,” said Investigator Jay Mason with the Franklin County Sheriff’s Office.

“These schemes are very elaborate, and they change all the time, considering all the advances in technology,” Mason said. “And the checks are real checks, so they look authentic. But the routing and account numbers are fictitious.”

“Just use common sense,” Mason added. “If it sounds too good to be true, it usually is. You don’t get something for nothing.”

Mason advises anyone who receives letters with checks like this in the mail to “Google” the telephone number, names and business names listed on the letter. This will usually alert the recipient to a scam, he said.

There are also numerous websites dedicated to educating the public to scams, including LooksTooGoodToBeTrue.com, Mason said.

The website was constructed to prevent consumers from becoming victims of internet fraud schemes, Mason said. The website also includes a test to measure online safety habits and allows consumers to shares online experiences related to internet fraud.

Anyone who does not have access to a computer should contact the sheriff’s office at 483-3000 to have suspicious correspondence investigated, Mason said.

“Keep in mind that if you send money outside the county, we do not have the jurisdictional authority to investigate those crimes,” Mason said. “Most of the scams originate outside the United States, so even the federal authorities cannot investigate.”

“So your money is gone, and you cannot get it back,” Mason added.

If you have been a victim of a scam, you can register a complaint at www.IC3.com, the Internet Crime Complaint Center.

The center recommends consumers look for the following red flags:

“Being asked for personal financial information, such as bank account information or credit card numbers, via the telephone or email.

“Using high-pressure sales tactics so as not to give you time to think about the information you are providing.

“Being told you have won a foreign lottery or sweepstakes.

“Being asked to help transfer funds out of a foreign country for a share of the money.

“Being offered help in repairing credit scores for an advanced fee.

“Receiving a counterfeit cashier’s check or money order for more than the cost of the item you are selling.

IC3 reminds consumers to be vigilant:

“Take time to research any offers you receive over the internet, telephone or mail.

“Do not deposit any checks that are supposed winnings from a lottery or sweepstakes, especially if you did not enter one.

“Do not provide sensitive, personal or financial information unless you know who you are dealing with.

“Consult friends and family or a trusted advisor before making any major financial decisions.