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Showing posts from August 22, 2015

INDIA 2015 : DESPERATE MEASURES AS MANGO GROWERS WORK TO SHED TOXIC IMAGE

Muthalamada going organic way


K.A. SHAJI









Mango growers to float company



With yet another growing season is hardly four weeks away in Kerala’s mango city, Muthalamada, a large number of farmers here have started adopting the organic way in an all-out bid to shrug off the dubious legacy of the region as the toxic hub of the State where mango orchards use high-end pesticides.



Over 300 mango growers under Muthalamada Mango Farmers Association (MGFA) have taken the initiative to a say goodbye to pesticides and chemicals which not only erode the quality of mangoes but also hamper the export potentialities. 




Now they are roping in experts from the State Agricultural Department and non-governmental organizations to develop organic alternatives to kill leaf mites and hoppers which attack mango trees during flowering season.



“We are in a do or die situation. We lost many export orders in the recent past because of the heavy use of pesticides and chemicals. An initiative is already on to float a compa…

STATE OF GLOBAL DEBT : WHAT A DIFFERENCE A FEW YEARS MAKES

Sovereign credit-default swaps have been used as a type of insurance against sovereign governments not paying back the money they owe. 


As with any insurance product, the more expensive it is, the more likely the event you’re insuring against will happen soon.




Venezuelan debt is by far the most risky, costing twice as much as Greek or Ukrainian debt to insure.



The graphic also shows just how far Spain and Ireland have come. 



The market thinks their debt is pretty risk-free, with lower CDS spreads than Italy or Portugal.


The Spanish economy is going through a bit of a revival after suffering a devastating housing crash and unemployment crisis.











https://agenda.weforum.org/2015/08/the-worlds-national-debts-from-safest-to-most-risky








BEST QUOTE EVER !!!! (BAR NONE) ...

CIERRE DE LAS FIESTAS DE VENDIMIA (VALLE GUADALUPE) BAJA CALIFORNIA NORTE

2015 FIESTA DE VENDIMIA A SMASHING SUCCESS !










































































































































SECRET RECIPE HELPS RAISE FUNDS IN SOUTHWEST FLORIDA

Mango chutney, a historical fundraiser




ANNE REED, 


AREED@NEWS-PRESS.COM

12:09 a.m. EDT August 22, 2015






(Photo: Anne Reed/The News-Press)











Tropical Fruit Products Inc., once located on US 41 and owned by Edith Trebell, made a mango chutney so famous that the Waldorf Astoria had it shipped to New York.








Grace Fernandez, Rosa Fernandez Soto, Julia Soto Hall, and Marjorie Mckewon Soto all worked for Mrs. Trebell, who kept her mango chutney recipe a secret. 





Toward the end of her life, Mrs. Trebell gave the recipe to the four women, swearing them to secrecy and making them promise to only make the recipe for their families.








Grace passed on the recipe to her daughter-in-law, Marlene Fernandez, who still makes the recipe. 





The recipe was gifted to the Estero Historical Society by Marlene and by Ruth Mason, Edith Trebell’s niece. 



http://esterohistoricalsociety.com/help-ehs/mango-chutneyjam/




Today, the recipe is used as a fundraiser for the historical society and proceeds go toward the schoolhouse restora…

INDIA : Baleswar plantation scam: Action against officials sought

A scam in plantation of mango saplings in Oupada block in Baleswar district has surfaced. 




The beneficiaries of the project under the MNREGA scheme have alleged that the officials have gulped lakhs of rupees by showing false records, while they were not given the due benefit. 




According to sources, the Horticulture Department had undertaken a mango plantation drive in 45 hectares of land in 2014-15.







In records, it was shown that towards plantation and maintenance of the saplings, Rs 8.85 lakh was spent. But the locals have alleged that the money was swallowed without any work on ground.






Further, it was shown in records that saplings in 20 hectares died even as no plantation was done on the land. 


BDO Sibananda Swain received the complaints from the beneficiaries. He said the officials didn’t come to a social audit meeting and he would take appropriate steps after conducting a probe.


According to the complainants, the first phase money was withdrawn without any plantation. 



They also alleged …

Venezuela state under martial law against smugglers

Latin America & Caribbean






9 hours ago 


From the section
Latin America & Caribbean




At least 1,500 extra Venezuelan troops are being sent to the border








The Venezuelan president has declared a state of emergency in a border region near Colombia following an attack by smugglers in which three soldiers and a civilian were injured.




Nicolas Maduro said there would be 60 days of martial law in five municipalities of the state of Tachira.




He also said the closure of the border, announced on Thursday, will be extended until further notice.



Petrol and food smugglers have increasingly clashed with officers.



The BBC's Daniel Pardo in Venezuela reports that Mr Maduro said Colombian paramilitary groups regularly travel to Venezuela, generating chaos and shortages in order to destabilise the revolution.




Mr Maduro said an extra 1,500 soldiers had arrived to reinforce the area.









"This decree provides ample power to civil and military authorities to restore peace,"he said in a broadcast on sta…

Nouriel Roubini: “Ratings agencies are no longer fit for purpose”

NEW YORK, August 11, 2015 -- Top global economist sets out new approach to forecasting sovereign risk Nouriel Roubini, one of the few economists to correctly forecast the subprime and European debt crises, has warned that investors will continue to expose themselves to unnecessary and unexpected risks if they remain reliant on the"backward-looking"rating agencies, which he sees as being"no longer fit for purpose." 




Roubini, who advised Bill Clinton and Timothy Geithner before founding the global macro research firm Roubini Global Economics, argues that ratings agencies have managed to escape any real scrutiny following the financial crisis. 



He says that excessive reliance on credit ratings’ assessments of the risk of subprime mortgages was one of the principal causes of the crisis. 


Roubini argues that counting on ratings agencies to measure sovereign risk leaves investors exposed to potential losses. 



As an alternative, he advocates a "balance sheet" appro…