The Best Way To Avoid The Dollar Crisis}

Submitted by: Jeff D. Opdyke

The great gold exodus continues.

Even as the pundits continue to claim golds day in the sun is done, countries continue to call their gold home. For February, the Federal Reserve reported that another 13 tons left its vault. That comes after 27 tons exited in January. In all, gold has fled the Fed in two of the last four months (and in the other two months, nothing changed).

And what all of this says is that the central bankers of the world absent the gold-abhorring Federal Reserve, of course are worried about the future. You should be, too because the world is making very clear the fact that you should be buying gold right now.

Earlier this year, I reported on countries such as France, Belgium, Austria, Ecuador, Finland, Switzerland, Venezuela, Romania and Poland that are either talking about repatriating national gold or have already done so. In addition, Turkey recently reported that it exported 13.5 tons of gold bars to the U.K. in January and February, while the Swiss imported $2 billion in Turkish gold during the same time period.

In most cases, they say nothing of their motivation. But in some instances, as with the Dutch, there are overarching concerns that the U.S. and the United Kingdom where the Dutch keep much of their gold face a financial crisis and that in such a crisis the U.S, in particular, might not be so eager to return the gold quickly.

It is no longer wise, the Dutch said publicly, to keep half of our gold in one part of the world.

In short, all these countries suddenly repatriating gold from American vaults is a physical manifestation of the greatest threat to the world today: a dollar-centric global financial system that has the structural integrity of a sand castle and the tides moving quickly. Better to have your stockpile of gold back on home turf than secreted away inside the very country that will be the eye of the coming storm.

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The Dominoes Are Set

I understand the tired arguments insisting that dollar hegemony will remain. But those arguments are blind to the dots that are connecting. I told you Wednesday about Chinas efforts to build new iterations of the International Monetary Fund and the World Bank, and how, with the new version of the World Bank, China is attracting scads of U.S. allies.

Those arguments are also blind to the fear that is clear inside U.S. government. Those at the highest levels of government and monetary authority realize that the King Dollar faces serious existential risks with the power to dethrone the greenback, throwing America into disarray, since the lifestyle we have come to know here at home is entirely dependent upon the worlds demand for dollars in global trade.

When that goes away and I guarantee with 100% assurance that day is coming a currency crisis like the world has never seen will rip through your life with the ferocity of a lion taking down a gazelle. In fact, if youre not prepared for that day, you might come to wish you were that gazelle.

This crisis is exactly what central bankers around the world are guarding against in repatriating their gold.

In a dollar crisis, gold is the invisible shield keeping the slings and arrows from killing you. Your dollars will get crushed. Your dollar-based assets will get crushed. Your cost of living will soar since so much of what we buy today is made overseas.

But as the dollar collapses, gold will soar. More important is the great likelihood that to rectify the problem the Federal Reserve will revalue the dollar relative to gold, putting America on a modified gold standard.

To narrow-minded Keynesians who look upon gold as a barbarous relic, the idea of any kind of gold standard is laughable and anger-inducing. But the solution to every previous currency crisis has involved gold in some fashion. And even in modern times, nothing is ever really different and it will be no different this time.

The One Global Insurance Policy

As I routinely write, gold is the only insurance policy that will protect your lifestyle from the fiscal reckonings that are necessary to right the Keynesian-inspired, debt-fueled wrongs that have brought the world to this point.

Its impossible to know when the reckoning will happen. Its only possible to know that it will happen. It has to happen. Nothing that any Western central banker, monetary official or politician can do will prevent the reckoning. They can delay but they cannot avoid.

So take your clue from all those countries recalling their gold. They are preparing for the storm ahead. You must, too, if you hope to protect your lifestyle and your assets.

Thats why Im telling you: Buy gold now.

Until next time, stay Sovereign

Jeff D. Opdyke

Editor, Profit Seeker

About the Author: As a lifelong world traveler, Jeff Opdyke has been investing directly in the international markets since 1995, making him one of the true pioneers of foreign trading. He is Investment Director for The Sovereign Society and a weekly contributor to The Sovereign Investor Daily (

thesovereigninvestor.com/

).

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Thousands of jobs to go at Corus

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Thousands of jobs to go at Corus

Sunday, January 25, 2009

International steel conglomerate Corus Group is to axe 3,500 jobs worldwide.

Up to 2,000 jobs are to be lost in the former British Steel plants in the United Kingdom. Owner Tata Steel employs 42,000 people worldwide, with 24,000 being in the UK. Corus did not comment on the report so far, but a union official told BBC News that the company would be making an announcement at 0930 UTC on Monday. The cuts would be part of long term restructuring plans made by soon to depart CEO Philippe Varin, which have been accelerated by the worldwide downturn.

Tata Steel’s sister company Tata Motors is said by The Sunday Times to be considering 1,500 job losses at the UK’s Jaguar Land Rover car manufacturer. It is not thought that any Corus plants in the UK will close outright.

Corus was formed from the merger of British Steel and the Dutch steelmaker Hoogovens, creating the ninth largest steel company in the world and the second largest in the European Union. The merger was uncomfortable and the company suffered severe financial problems in 2003. It later recovered and was bought by India’s Tata two years ago.

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Australia to lose $2 billion due to Japanese disasters

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Australia to lose $2 billion due to Japanese disasters

Friday, April 1, 2011

The fallout from earthquake and tsunami catastrophes in Japan will cost Australia about A$2 billion in lost export earnings in the near term due to lower Australian exports to Japan, according to estimates in a Treasury brief released Thursday. After China, Japan is Australia’s largest export market, making up 15 percent of its total exports.

The tragic events in Japan—together with the impact of floods and Cyclone Yasi at home—will clearly mean revenues take a substantial hit in the near term.

“The tragic events in Japan—together with the impact of floods and Cyclone Yasi at home—will clearly mean revenues take a substantial hit in the near term”, Treasurer Wayne Swan said in the brief.

Short term exports of “non-rural bulk commodities” are predicted to be lower as Japanese port facilities, coal-fired power stations and steel-making plants were damaged. Businesses whose export products are designated for Japan must find other customers to replace Japanese clients, the brief said. The loss of Japanese markets has been a contributor to a 6 percent drop in the price of iron ore and an 8 percent drop in the price of coal. Japan imports account for 27 percent of Australia’s iron ore and coal exports.

Also on Thursday, Japan’s manufacturing production index experienced its sharpest fall in the decade since data has been collected, indicating a steep fall in output for most businesses in Japan in March. Recently, Japanese industry seemed to be rebounding from the global financial crisis.

In Asia, concern is mounting that the electricity shortages and other disruptions to Japan’s manufacturing sector will affect manufacturing in various areas of Asia, since the manufacturing of many goods are dependent on the integrated network of supply chains.

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Steelers defeat Lions to advance to NFL playoffs

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Steelers defeat Lions to advance to NFL playoffs

Published on September 21st, 2016.

Monday, January 2, 2006

The Pittsbugh Steelers defeated the Detroit Lions 35-21 at Heinz Field in Pittsburgh. The victory earns the Steelers the final spot for an AFC team in the NFL playoffs.

The Steelers, who had a 10-5 record heading into the game, were strong favorites against the Lions, who were 5-10. Pittsburgh took an early lead on an 81 yard Antwaan Randle El punt return less than two minutes into the game. However, the Lions fought back, with quarterback Joey Harrington throwing scoring passes on two consecutive drives in the first quarter to put Detroit up 14-7.

Veteran Steelers running back Jerome Bettis scored the next three touchdowns, matching a career high. His third touchdown resulted in a standing ovation from the crowd of 63,794. This will likely be the last home game for Bettis, as he is expected to retire at the end of this season.

The Steelers (11-5) go on to play the Bengals (11-5) in Cincinnati next Sunday at 4:00pm in the wildcard round. The Steelers split their season series with the Bengals winning 27-13 on October 23 in Cincinnati, but losing 38-31 at home on December 4.

“We play [the Bengals] twice a year and we know them,” said Steelers receiver Hines Ward. “It’s not going to be easy, but we’re more comfortable with them.”

The other AFC wildcard game has the Jacksonville Jaguars (12-4) visiting the New England Patroits (10-6). The winners of the wild card round will face the Indianapolis Colts (14-2) or the Denver Broncos (13-3) in the divisonal round.

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Emerging Trends In Environmental Insurance For Contractors

Published on September 19th, 2016.

By William Pritchard

The dramatic events of the last several years have had a profound impact on the insurance industry. As a naturally cyclical business, insurance has suffered the double whammy of a softening market cycle coming during an economic meltdown never before seen in our lifetimes. Such a historic set of circumstances will leave an indelible mark on our industry. But while there are many challenges yet to be overcome, there is certainly reason for cautious optimism; much like the American spirit, the insurance industry is infinitely resilient and creative. A key beneficiary of the bounce-back we expect to see can be found in environmental insurance. How it can help an agent become more successful, and why agent must know about it, are topics worth considering.

It can be argued that contractors are the backbone of our economy. Without them, things wouldn’t be built or serviced, torn down or reconfigured. Clearly, the contracting industry has been hard hit by the economic downturn. The construction trades in particular, along with infrastructure and service industries, have all seen record decreases. Since the majority of insurance is based on either payroll or revenues, while these industries have contracted, so have many insurance agencies’ revenues.

We are begging to see a slow reversal of the steady decline of the last several years. Over the first four months of 2010, we have witnessed a noticeable stabilization in our contractor clients. Where we had seen annual double digit narrowing over the last two years, most renewals are now coming in slightly off, or flat, and in some cases, projecting some growth for 2010 into 2011. We are still seeing some contractors going out of business, but it seems that the ones who were going to fall already have.

In addition to the slow recovery from the abyss of 2009, we are seeing growth in our business fueled by a growing national awareness of environmental exposures. Even discounting the terrible situation in the Gulf, awareness of environmental issues has grown dramatically in the last few years. Starting with sophisticated commercial customers and lenders, and spreading to most facets of the construction industry, contractors are being required to prove their ability to address environmental problems that occur on job sites.

This growing awareness has come from several different directions. The first can be found in the media. Chinese drywall, toxic mold, silicosis, fires at treatment sites, and lawsuits against land developers have all brought environmental issues to the forefront. The tragedy in the Gulf will only continue to heighten that concern to levels never seen before. The potential for a significant environmental event impacting a business or property is no longer perceived of as a long shot. Now many people recognize the ramifications can be significant, and it is important for everyone who could potentially impact a property is properly covered in the event they do.

Taking that heightened consciousness to a new level will be an increase in awareness of what might be a ‘pollution’ problem that was not expected to be one. A perfect example of this comes from the many recent losses stemming from erosion and sediment runoff at job sites. There have been a number of well publicized six and even seven figure losses stemming from this problem that were treated as pollution claims and declined by standard GL insurers. Recognizing how broad the standard definition of a pollutant is, and also the very limited coverage provided by the ISO CGL form has lead to requirements for separate, identifiable pollution coverage.

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Another impetus for coverage has come from the well-publicized understanding that coverage is available and affordable, now more than ever. In the late eighties and early nineties pollution coverage was something of a mystery. Now it is a well known, although not terribly well understood, product. Knowing that clients can afford to buy coverage, and that there are many venues for it, has lead to an increase in requirements for it.

The final driver for contractors to seek coverage comes from new regulations. An example is the new EPA regulation regarding lead paint. Effective April 22, 2010, the EPA began requiring all contractors performing renovation, repair and painting projects that disturb lead-based paint in homes, child care facilities, and schools built before 1978 be certified and must follow specific work practices to prevent lead contamination. Contractors have to be trained and be certified to evidence it. The regulation goes further, requiring any removal of possible lead containing material be done by properly trained lead abatement professionals. All of this brings environmental concerns to a huge number of contractors, and their clients, across the country.

A gradually increasing demand for these products is expected to continue. Complicating matters somewhat is the dramatic increase in the number of carriers and programs offering environmental coverage. Where there were ten to fifteen companies willing to write pollution-related coverages ten years ago, there are now close to forty today. While more may seem like a good thing, this comes with real risks for the agent. Environmental insurance is a unique class of business, with every carrier offering coverage in its own way. While there are a plethora of products labeled ‘Contractors Pollution Liability, or ‘CPL’, they are each unique to the carrier providing them. Companies may offer forms that appear on the surface to be the same as others an agent might have seen, but it is rarely the case that they are truly the same. In twenty years of working in this class, I have never seen two policies that offer the exact same coverage.

The recent entry of a number of admitted carriers does not help this problem. While their forms have been approved by the State, that does not mean they are the same as each other, or for that matter, that they offer better coverage than that offered in the Excess and Surplus market. Unlike standardized commercial property and auto forms, States do approve different environmental coverage forms. Admitted does give the agent the security of the State guarantee fund, but should not be inferred to mean the product is actually better in any other way.

It is crucial that agent review and understand the coverage they offer their clients to be sure it is adequate for what the clients do. There are many examples of forms in the market that have very restrictive language in them which can lead to inadequate coverage. Agents should request specimens of all policies and read them carefully before presenting terms to clients.

Once coverage is understood, the next hurdle is the carrier itself. The wide range of companies, new and old, requires the agent to make choices for the client. There are several key elements that should be considered. First is the overall rating of the carrier offering coverage. In today’s volatile world, the better the A.M. Best rating, the better off an agent will be in the long run. In addition to the Best rating, it is also very important to choose carriers that have made a commitment to work with environmental risks. This means those companies that have in-house environmental claims staffs as well as significant environmental underwriting departments.

It also helps to work with carriers that offer supporting lines of coverage. You may be looking for Contractors Pollution Liability for your street and road contractor, but the ability to add premises pollution coverage for their yard could dramatically enhance your proposal, and their coverage. Many of the top carriers offer a full suite of coverages, and this gives you the ability to round out the offering to your client, while also being a testament to their commitment to the line of business.

An additional benefit of the growing environmental marketplace is the range of products available, as well as the appetite for offering coverage. The top-tier carriers are all open to providing pollution coverage to a wide range of contractor types. A few years ago residential contractors had trouble getting pollution coverage that would include Mold. That has changed, so that now most companies are willing to cover those risks. This increased appetite has made it possible to cover this environmental exposure of most all contractors.

In addition to a wider appetite, the current market is trending toward providing broader coverage than what was available only a few years ago. Many carriers are offering defense outside the limits with a cap, blanket additional insured where contractually required, and limited site coverage. In addition, many of these carriers are willing to work with their agents to broaden coverage further. It is important to recognize that much of this coverage is negotiated, and ‘off-the-shelf’ products are seldom the best deal you can get for your client. Educating yourself as to what may be available is an important part of working with environmental products.

One such enhanced coverage for contractors is Contractors Pollution Liability with Professional coverage including Mold. Very few carriers offer this coverage with Mold in both coverage parts. The Professional coverage is significant for a number of reasons. Most CPL policies exclude Professional, which therefore eliminates coverage for supervision of subcontractors. If a sub causes a pollution problem, and the suit alleges that the insured failed in their obligation to properly supervise that sub, professional coverage would come into play. Contractors also often make modifications on the job to plan items. A duct might get moved, and the resulting re-routing might lead to a mold problem. Again if that claim comes in as Professional, this coverage enhancement would suddenly be very important.

The final area that we believe bodes well for the environmental insurance industry is green technology firms. This market segment has boomed in the last year, and with current events such as they are, the expectation is that significant growth will continue for the foreseeable future. Many green tech firms are seen as excellent prospects by environmental insurance carriers, who are willing to provide a full range of coverages for them. While many of these firms are true contractors with a green tech focus, they are perceived as good risks due to the sophistication of the work they often do. The enhanced training leads to a better paid, generally better trained workforce, which historically has led to a better risk for the insurance carrier.

While the market is still very soft, and the overall economic fragility continues to keep companies in a very conservative posture, there is reason to believe that times are getting better. Finding additional coverage that enhances a contractor’s ability to compete and function effectively in the marketplace is a perfect way for agencies to not only serve their clients better, but to increase their revenue as well. In the changing marketplace, opportunities abound for the agent who wants to develop an understanding of this complex but valuable coverage.

About the Author: Bill Pritchard is the president of Beacon Hill Associates, a leading brokerage for

environmental insurance

coverages such as

energy related coverages

and

contractors pollution liability insurance

. Beacon Hill Associates can be found online at: B-H-A.com .

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eBay removes Canadian town’s listing of sperm whale carcass

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eBay removes Canadian town’s listing of sperm whale carcass

Published on September 19th, 2016.

Thursday, May 8, 2014

Citing violations of its policy regarding “Marine mammal items”, eBay terminated an online listing on Monday by the town of Cape St. George, Newfoundland and Labrador, Canada, for a 40 ft (12 m) sperm whale carcass reportedly beached upon its shores about a week prior.

With an initial asking price of 99 cents, bidding for the carcass reportedly rose to C$238.03 within 15 bids. Reports variously state the final price of the whale, prior to the removal of the listing from the auction site on Monday at about 2:30pm, was C$2,025 or C$2,075. Listed in eBay’s “really weird” category, the carcass was considered by eBay to be an example of “items made from marine mammals regardless of when the product was made”, which are prohibited as per site rules.

Following a council meeting on Sunday in the town of 950 residents, Cape St. George’s mayor, Peter Fenwick, put the whale up on the auction site in a bid to have it removed from the town’s premises, citing a lack of cooperation from provincial and federal government officials on the matter. “It’s your problem, you solve it”, Fenwick recounted to The Globe and Mail (TGaM) as the response he received from them. Apart from eBay, Kijiji was also suggested as another avenue by which to sell the carcass.

Fenwick told CTV News, several years prior another sperm whale measuring 15 ft was beached in the area, but disappeared without incident, an act Fenwick attributed to be the work of Fisheries and Oceans Canada. “This time”, he remarked, “the authorities have told us that it’s our whale, it’s our responsibility to get rid of it.”

On putting the carcass for sale, Fenwick remarked, “We knew we had to do something with it and this seemed to be the least expensive way of disposing of it.” In a news release, Fenwick highlighted a possible use for the carcass, particularly its bones. “The 40 foot sperm whale will make a spectacular exhibit once the fat and muscle is removed, and the town is asking museums and other organizations that could use a whale skeleton to contact the town for further details.”

On retaining the whale himself, Fenwick stated, “As a town we would dearly love to keep the whale and put it on exhibit in the town but the cost of such a venture would be hard to justify.” Fenwick told TGaM the whale was “in half decent shape”. “This one looks like it died very recently and hasn’t decomposed much”, which Fenwick suggested elsewhere was due to the whale’s present location, partially submerged in near-freezing water. However, Fenwick noted its close proximity to a residential area, saying homeowners who lived there were “very interested in seeing the whale gone.”

eBay was not the only organization who barred the sale from taking place. “We also got threatened by the federal department of the environment, and told to pull the ad off or they would prosecute us”, said Fenwick on the opposition he said he received from Environment Canada, which viewed the sale as contravening a federal act designed to protect endangered species. “I received a call from the federal department of the environment saying that you’re not allowed to sell any parts of sperm whales, even if they’re dead.” he added. “So I said, ‘Oh that’s very good, I’m glad to hear that, now can you send somebody over here to get rid of it for us?'” Fenwick’s request was met with a negative response from Environment Canada.

“They’ve got to sort it out somehow. The uncertainty means it just sort of sits there and rots.” Once decomposition sets in, Fenwick remarked the carcass would become a “real nuisance”. “I don’t know if you’ve ever seen a whale that’s been rotting on the beach for a couple of months — actually sometimes you can’t see it for the clouds of flies around it — but you can smell it for about a mile”, he added.

On finding alternate means to dispose of the carcass, Wayne Ledwell, a member of Newfoundland’s Whale Release and Strandings, suggested the whale be towed out to a remote area. “They need to do that right away, when they come in and they’re fresh,” said Ledwell. “No one wants to go touch them … everything becomes gooey and slippery and you can’t stand up on the whale and it gets on your boots and you can’t get the smell off and then you go home and the dog rolls in it and you get it in your kitchen and you curse the whales, and you curse the government and … it becomes a mess.” Fenwick said they’d considered the idea, enlisting a local fisherman who, however, judged his engine too small for the job.

Previously, blue whale carcasses washed ashore in the towns of Trout River and Rocky Harbour, located about 150 km further north, and were taken by Royal Ontario Museum for preservation of the skeletons. Fenwick suggested the sperm whale carcass in his town might also meet a similar fate, as the sperm whale’s status as the largest toothed whale might prove to be a drawing attraction for such a facility.

Regarding what he plans to do next with the carcass, Fenwick said “If we’re not allowed to sell it, we’re willing to drop our 99 cent price down to a zero.” He said he hoped some eBay bidder stays interested in the whale. “We’ll be glad to talk to them about giving them the whale. We’re hoping that’s not illegal.” He also said he hoped the publicity from the town’s predicament, which garnered national attention, and its unusual means of finding a solution, would draw in someone interested in taking the whale off his hands at their own expense.

Should the whale fall under new ownership, Fenwick advised it be moved away from the town to a beach devoid of people, and the blubber left as food for seagulls, insects, and other predators. He estimated “It’ll probably take a year or so to get down to the skeleton.” As monetary gain was reportedly not what the town cared about, Fenwick was willing to offer the carcass for free, though one report noted money raised from the listing could have gone towards the building of a skate park.

The listing on eBay, as put up by Fenwick, read:

This 40 foot sperm whale rolled up on the beach last week. The actual seller is the town of Cape St. George which is responsible for disposing of it before it starts to decay. Once the fat and flesh is removed you have a spectacular 40 foot skeleton of the largest toothed whale in the world, great for museums and other attractions. To prevent it rotting in the town it can be towed to isolated beaches on the Port au Port Peninsula to allow the seagulls and other birds to remove the flesh. Call 709-644-2290 or 709-649-7070 for more details.

Please note the successful bidder will have to remove the whale within 30 days

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London Knights trade Steve Mason to Kitchener Rangers

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London Knights trade Steve Mason to Kitchener Rangers

Published on September 19th, 2016.

Sunday, January 6, 2008

On the morning of January 4, 2008, while at the 2008 World Junior Ice Hockey Championships, 19-year-old goalie Steve Mason received a phone call from Canada informing him that he was traded by the Ontario Hockey League’s London Knights to the Kitchener Rangers.

In a press release Friday, Kitchener Rangers Head coach and General Manager Peter DeBoer announced the trade to the Knights. In return for obtaining Mason, the Rangers have sent the Knights, Centre Phil Varone, Defenceman Steve Tarasuk along with 2nd, 3rd and 4th round draft picks in 2011 and a 2nd round pick in 2012.

Mason said that he had an enjoyable time playing for the London Knights, but nonetheless, he believes that he has a bright future playing for the Kitchener Rangers. He also notes that he doesn’t want the trade to distract him from playing in the Gold Medal Game, against Team Sweden.

Team Canada won the game in overtime 3-2.

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Cutty Sark blaze treated as ‘suspicious’

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Cutty Sark blaze treated as ‘suspicious’

Published on September 19th, 2016.

Monday, May 21, 2007

The Cutty Sark, one of the most famous historic sailing ships in the world, was seriously damaged by fire in the early hours of Monday morning, May 21, 2007. The 19th century ship, which is in dry dock in Greenwich, London, England, set a speed record during its working days, and has been a popular tourist attraction for many years.

The fire brigade was first called to the blaze on the tea clipper at 4:45 a.m. BST and reported that the flames had been extinguished by 7:00 a.m., but firefighters were still on the scene damping down at 8.30 a.m. The blaze was so intense that eight fire engines and 40 firefighters were sent to put out the fire. No injuries have been reported.

Cutty Sark Trust chief executive Richard Doughty said he was told the blaze was being treated as suspicious. “We’re losing history,” he lamented. “It’s unbelievable.” He went on: “When you lose the original fabric, you lose the touch of the craftsmen; you lose history itself. What is special about Cutty Sark is the timber, the iron frames, that went to the South China Sea. To think that is threatened in any way is unbelievable. It is an unimaginable shock.”

However, Doughty also confirmed that half of the ship’s planking, and all of the masts and rigging had been removed for renovations prior to the fire. The iron framework of the hull has been twisted and buckled.

The Chairman of Cutty Sark Enterprises, Chris Levitt, speaking later at the scene, said: “We had removed 50% of the planking, so 50% of the planking wasn’t on site and that’s safe and secure, and from where I stand there is not a huge amount of damage to the planking that was left on. There are pockets of charred planking and some have gone, but it doesn’t look as bad as first envisaged.”

Cutty Sark Trust curatorial consultant, Dr Eric Kentley was optimistic that the Ship is not completely devastated and can be saved. Speaking about the Cutty Sark, he said: “We will put her back together – but it’s going to take much much longer and a lot more money than we originally thought.”

The historic ship, one of London’s best known tourist attractions, has been in dry-dock in Greenwich since 1954. It is currently undergoing a £25 million renovation scheduled to last until 2009. It was feared that gas canisters used in the reconstruction work might explode in the blaze but the London Fire Brigade later confirmed that none were present, although concerns about the risk of explosion had caused some delay in tackling the fire. It is a Grade I listed monument and is on the Buildings At Risk Register in the UK.

Police believe the fire on board the ship may have begun in suspicious circumstances. They are studying CCTV footage which showed some movement around the ship in the early hours of the morning. They are appealing for witnesses who might have seen anyone near the ship or a silver car that was reported driving away from the scene.

The Cutty Sark was built in 1869 by Scott & Linton, Dumbarton in Scotland and completed by Dennys. It is the world’s last surviving tea clipper. Because the clippers were build of wood, but with a framework made of iron, they marked the transition from wood to iron. The windjammers that emerged some 30 years later were build completely of iron or steel.

The clippers were used in long-distance races between China and England, with large profits for the first ship back with the first tea of the year. The Cutty Sark sailed in the China trade between 1870 and 1877/78. She sailed in the Australian wool trade between 1883 and 1895, during which period she achieved the record breaking voyage under wind power between Australia and England via Cape Horn of 72 days in 1885.

The ship takes its name from a character in Burns‘ poem ‘Tam o’ Shanter.

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Grand Canyon A Las Vegas Bus Trip

Published on September 17th, 2016.

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Submitted by: Luke Plunket

Grand Canyon bus trips make it easy and convenient for Las Vegas visitors to add a little nature to their trip by visiting the South Rim or West Rim of the canyon. If you’ve never been to the Grand Canyon, you might not know what you’ve been missing. You never know, seeing the Grand Canyon might be the highlight of your Vegas vacation. No glitter, no neon, just Mother Nature at her finest.

Almost five million sightseers go to the Grand Canyon each year and a lot of those people take bus tours. A bus tour allows you to see some spectacular scenery once you get to the canyon and on the way there. The right tour package will give you a window on the canyon’s breathtaking beauty while you luxuriate in escaping from life’s hassles.

Arranging such a memorable excursion has never been easier. There are tours for every need, even if you are short on time. By choosing the right company and booking your tour online, you’ll have the once-in-a-lifetime experience of seeing the Grand Canyon by bus.

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A bus tour is much better than driving your car to the National Park. Those big buses are made especially for sightseeing and you ride in complete comfort. You can relax and enjoy the show instead of worrying about directions and driving. Plus, the National Park’s proximity to Las Vegas means you can add a Grand Canyon bus trip to almost any travel itinerary.

On top of the comfort and convenience of seeing the Grand Canyon by bus, you’ll get the benefit of an experienced tour guide. The National Park is huge and there are several lookout points that offer breathtaking scenic views. If you tour the park on your own, you certain to miss seeing some important landmarks. A great guide makes sure every minute of your visit to the Grand Canyon is a memorable one. You’ll see all the popular attractions as well as the best vistas and lookout points.

Copter rides to the canyon floor as well as rafting trips down the Colorado River can be added to West Rim bus trips. That rim is where the National Park allows helicopter pilots to fly below the rim and land at the bottom of the canyon. The West Rim, or Grand Canyon West, is also home to the Skywalk, which is a glass bridge you can walk on that juts out seventy feel past the edge of the canyon.

If you take a bus trip to the South Rim, you should add on a helicopter tour. It only takes 30 minutes, but it’s an amazing experience. Your flight goes from the South Rim to the North Rim taking you through the Dragoon Corridor, which is the deepest and widest part of the entire canyon. The views you’ll see are soul-stirring. Photography buffs love this particular experience, but no one should shortchange themselves by skipping this flight.

Choosing the best bus tour is a great way to make sure you see all the highlights of this magnificent natural wonder. Be sure to book your bus tour seats online so you save money on an awesome trip that you will be glad you didn’t pass up.

About the Author: Travel writer Luke Plunket is an expert on

Grand Canyon bus tours

and recommends going here for discount prices on the best trips:

grandcanyoncheap.com/bus-deals.html

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News briefs:May 16, 2010

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News briefs:May 16, 2010

Published on September 17th, 2016.

 Correction — August 24, 2015 These briefs incorrectly describe BP as ‘British Petroleum’. In fact, such a company has not existed for many years as BP dropped this name when becoming a multinational company. The initials no longer stand for anything. 
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