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23 Sep

“Foreclosure, foreclosure, foreclosure.”

Real estate broker John Susani drives down a Paterson, N.J., street where every third house seems to be abandoned or boarded up. During the boom years money flooded into Paterson.

“The banking industry allowed everyone to be a homeowner; they gave mortgages to people [just because they were] breathing,” Susani says.

In some cases, he says, home prices jumped as much as 50 percent. The homes on these streets aren’t worth nearly that much anymore.

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IAAF World Junior Championships, Oregon 2014, on Tuesday (22).

Uganda’s Joshua Cheptegei, the only junior to run faster than 28 minutes this year, fulfilled his role as favourite for the men’s 10,000m by triumphing over 25 laps of the track at Hayward Field in 28:32.86 to take the first gold medal of the IAAF World Junior Championships, Oregon 2014, on Tuesday (22). – by  Phil Minshull for the IAAF

WHY GEOGRAPHY MATTERS:

1. Reporter Baffled After TSA Agent Rejects His District Of Columbia ID, Demands To See Passport

A TSA agent at the Orlando International Airport demanded to see the passport of Justin Gray, a Washington, D.C., correspondent for central Florida’s WFTV news. According to WFTV, the agent was not familiar with the District of Columbia, and therefore could not accept Gray’s D.C. driver’s license as a valid form of ID.   –  | By Posted: 07/15/2014 4:37 pm EDT Updated: 07/15/2014 4:59 pm EDT

2. Don’t Know Much About Geography

At some point, America decided that providing kids with a geography education didn’t matter. That was a mistake.
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Ethiopian man takes UK to court over resettlement policy -BBC.co.uk

Villagers say they are being forcibly relocated from Ethiopia's Gambella region

Villagers say they are being forcibly relocated from Ethiopia’s Gambella region

A legal battle has been launched by an Ethiopian citizen who claims the UK has helped to fund a “brutal” resettlement programme in his country.

The man, who can only be referred to as “O”, won permission to seek a judicial review at London’s High Court.

He wants a ruling that the UK acted unlawfully by providing aid to Ethiopia without assessing its human rights record.

Gambela agri-export land dispossessions, Ethiopia

Description: The Gambela Region covers 2,978,200 hectares and has a population of 307,096, according to 2007 Ethiopian census data. The area is the focus of a drive by the Government of Ethiopia to attract foreign investors to its agricultural sector through tax holidays, duty-free imports of machinery, easy bank loans and cheap land. In Gambella 42 percent of the total land area is either being marketed for lease to investors or has already been awarded to investors[1]. The point of conflict is that the land leases are leading to the displacement of people from their land, loss of livelihood and deforestation. -

Contributor: Patrick Burnett

Stash Pad

The New York real-estate market is now the premier destination for wealthy foreigners with rubles, yuan, and dollars to hide.

The one-bedroom the Italian was looking at, on the 27th floor, had a view of the Woolworth Building, sleek finishes, a bachelor-size kitchen, and access to an exclusive terrace reserved for upper-floor residents. It was first purchased by an investment banker in early 2008 for $1.3 million, was resold in 2011 for $850,000, and was now back on the market for close to its prerecession price. – By Andrew Rice

Foreign Buyers In American Real Estate

A development rendering of the One57 building in Manhattan. A penthouse in the building is said to be in contract for $90 million. (AP / Extell Development Company)

A development rendering of the One57 building in Manhattan. A penthouse in the building is said to be in contract for $90 million. (AP / Extell Development Company)

They’re buying $90 million condos in New York, and maybe something on your block.  This hour On Point:  foreign buyers, American real estate.

The Nation: How New York Real Estate Became a Dumping Ground for the World’s Dirty Money

Forbes: Chinese To Spend Billions On American Real Estate — “The United States is the country of choice for China buyers.

Forbes Top 10 Billionaire Cities

The bar has been raised- Japanese politician melts down on camera (why not African politicians?)!!!!

TOKYO – Public figures are known to get weepy every now and then, but when it comes to turning on the waterworks, Japanese local assemblyman Ryutaro Nonomura is surely in a class of his own. -By Lucy CraftCBS NewsJuly 2, 2014,

Business:

Dangote 23rd richest man in the world – Full interview:

Visa: An American has more access into Africa than Aliko Dangote (22 jan. 2014):

Nigerian businessman Aliko Dangote has said that he will invest $2.3bn (£1.35bn) in sugar and rice production in the north of the country.

Amid international concern about terrorism in the region – highlighted by the kidnap of more than 200 school girls – he said that creating jobs was key to ending the insurgency.

Per The East African:

Dangote Cement Group said it is investing more than $2.5 billion to build manufacturing plants and import terminals in 13 African countries.

Current plans are for eight cement plants in Cameroon, Ethiopia, Gabon, Republic of Congo, Senegal, South Africa, Tanzania and Zambia, as well as import and packing facilities in Cote d’Ivoire, Ghana, Guinea, Liberia and Sierra Leone.

  • The projected capacity of the factory, to be built in Mtwara, southern Tanzania, is expected to be three million metric tonnes per annum, and Dangote is looking to get a good chunk of the market share. – The East African
  • Dangote Cement 2013 FY profits up 40 percent

  • Incapable of Competing on a level playing field:

According to a source in the Senegalese presidency

French President Francois Holland wrote to his Senegalese counterpart Macky Sall in January about the plant (of the Nigerian Tycoon) “in order to raise awareness of the difficulties faced by Sococim” (a French Cement Company).

Private Stocks And ‘Dark Pools’ In American Finance:

Dark pools – private stock trading platforms not available to the public – are under investigation by the SEC. We look at inequities in the stock market and what they mean for public investors.

In this file photo, Securities and Exchange Commission (SEC) Chair Mary Jo White attends the meeting of the Financial Stability Oversight Council (FSOC), Thursday, April 25, 2013, at the Treasury Department in Washington. (AP)

In this file photo, Securities and Exchange Commission (SEC) Chair Mary Jo White attends the meeting of the Financial Stability Oversight Council (FSOC), Thursday, April 25, 2013, at the Treasury Department in Washington. (AP)

On A ‘Rigged’ Wall Street, Milliseconds Make All The Difference

“The stock market is rigged,” Michael Lewis tells Fresh Air‘s Terry Gross. “It’s rigged for the benefit for really a handful of insiders. It’s rigged to … maximize the take of Wall Street, of banks, the exchanges and the high-frequency traders at the expense of ordinary investors.”

FLASH BOYS by "Michael Lewis" Hardcover, 274 pages

FLASH BOYS by “Michael Lewis”

You’d be surprised to hear what investment banks do to get that nanosecond edge, and how they often use it in ways Lewis describes as predatory. “There’s a decline of trust in the marketplace because it’s not as trustworthy,” Lewis says.

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Recession ‘led to 10,000 suicides’

The economic crisis in Europe and North America led to more than 10,000 extra suicides, according to figures from UK researchers.
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Peter Day's World of Business

Peter Day’s World of BusinessAfrica as an emerging economic power in global economy:

Sat, 21 Jun 14

Peter Day talks to Donald Kaberuka, President of the African Development Bank about the key issues facing the continent, which has some of the world’s fastest growing economies.

Is Africa ready for its oil boom? It already produces about a tenth of the world’s oil and gas and that share is set to rise as new finds from Sierra Leone in the West to Kenya and Uganda in the East come onstream. But what impact will all this have on the continent…and will it be enough to meet the energy needs of a fast growing population? In the Balance has a panel of experts from across Africa to answer those questions. Arnold Ekpe is the Honorary President of the Business Council for Africa, Tonye Cole is co-founder and Group Executive Director of Sahara Group and Rashid Pelpuo, Ghanaian government minister.

(Reuters) – Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from Africa’s top producer.

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US imposes sanctions on Uganda for anti-gay law

The World Bank postponed a $90m (£54m) loan to Uganda to improve its health services after the law was approved.

Several European nations – including Denmark, Norway, the Netherlands and Sweden – have cut aid to Uganda to show their opposition to the law.

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Robert F. Kennedy challenges Gross Domestic Product

Back in 1968 it was perfectly clear to Robert F. Kennedy that GDP “measures everything, in short, except that which makes life worthwhile.”

GDP leaves out things such as income inequality, the intensity of poverty, economic security, crime costs, the economic value of civic and voluntary work, the economic value of unpaid housework and child care, educational attainment and life expectancy. It’s a measure that assigns zero value to leisure time, to the depletion of mineral and other natural resources, to the benefits of saving, to trade imbalances, to deficits and debt.

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Festival of Dangerous Ideas 2013: Vandana Shiva,  Growth = Poverty

Clean Hands Doctrine: “He who comes into equity must come with clean hands.”

France, which retains significant military and economic interests in its former African colonies, has long been a heaven for corrupt African heads of state, who in the past have been an important source of campaign financing.

Mr. Bokassa began writing about his long and deep ties with the French. The autobiographical writings, published under the title ”My Truth,” included details of gifts of diamonds that Mr. Bokassa is said to have frequently made to Mr. Giscard d’Estaing.

Although the book was banned in France, the disclosures are widely believed to have helped doom Mr. Giscard d’Estaing’s 1981 re-election bid against his Socialist rival, Francois Mitterrand.

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Stealing Africa – Why Poverty?

Kofi Annan: Africa plundered by secret mining deals

 Under-pricing deprives Africa of much-needed money, the report says


Under-pricing deprives Africa of much-needed money, the report says

 

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Tax avoidance, secret mining deals and financial transfers are depriving Africa of the benefits of its resources boom, ex-UN chief Kofi Annan has said.

Firms that shift profits to lower tax jurisdictions cost Africa $38bn (£25bn) a year, says a report produced by a panel he heads.

“Africa loses twice as much money through these loopholes as it gets from donors,” Mr Annan told the BBC.

It was like taking food off the tables of the poor, he said.

Dambisa Moyo on why aid to Africa has been a disaster. full

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In this provocative talk, journalist Andrew Mwenda asks us to reframe the “African question” — to look beyond the media’s stories of poverty, civil war and helplessness and see the opportunities for creating wealth and happiness throughout the continent.

Dr. Ngozi Okonjo-Iweala: Aid versus trade

Ngozi Okonjo-Iweala, the former finance minister of Nigeria, sums up four days of intense discussion on aid versus trade on the closing day of TEDGlobal 2007, and shares a personal story explaining her own commitment to this cause.

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And Still I Rise

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France to shun Rwanda genocide ceremony; Publish Date: Apr 06, 2014:

President Kagame

President Kagame

PARIS  - France on Saturday pulled out of the 20th anniversary commemorations for the Rwandan genocide after President Paul Kagame again accused Paris of “participating” in the 1994 mass killings.

Kagame’s FPR rebels overthrew the Hutu-led administration, and his party still controls the government, but many of those accused of the worst crimes of the war escaped, allegedly under the cover of the French military mission.
In 2008, a report by Rwanda’s Mucyo commission of inquiry concluded that France had trained the militias that carried out killings and French troops had taken part in massacres. It accused 13 politicians and 20 officers by name. – by  New Vision
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Bizarre Foods with Andrew Zimmern – S03E12 – Uganda

2 injured in fight over Kutesa’s new UN job

Two boda boda cyclists in Kalangala District were severely injured following a fight that erupted as the group argued whether Foreign Affairs minister Sam Kutesa wielded more powers than the UN Secretary General or not.

A Picture is worth a thousand words:

State of the Nation

State of the Nation, photos – credits to Newvision

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Mzwakhe Mbuli at Madiba’s send-off at Waterkloof:

Interview: A Hormonal Seesaw: The Atrazine and AI Connection

- See more at: http://bcaction.org/2008/04/21/interview-a-hormonal-seesaw-the-atrazine-and-ai-connection/#sthash.Ef3g9sal.0xwKyoik.dpuf

nterview: A Hormonal Seesaw: The Atrazine and AI.
nterview: A Hormonal Seesaw: The Atrazine and AI

‘Our people have lost a father’

Madiba 1918-2013, May your Soul Rest in Peace. Amandla! Awethu!

Madiba 1918-2013, May your Soul Rest in Peace.
Amandla! Awethu!

 

HUMAN RIGHTS VIOLATIONS 
For How Long?

For How Long?



PUBLICATIONS 2013
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Then and Now!

Aug. 24th.2013 March on DC @ 50
March on DC @50
-
Forum
-
Pros and cons of foreign direct investment

Why Uganda Parliament Should wait to pass a GMO Bill
-
Ugandan Priest Suspended for Suggesting Catholic Priests to Marry
-
Investment or Land Grab Disguised?
-
Policy Considerations
-
ARE YOU WHAT YOU EAT / DRINK?(The Big Cover up)

-
-GM debate forum records

-Biotechnology 

-GM debate

-The Anglican Church at cross-roads

-The divided land

-------------------------------------------------------------------------------

PUBLICATIONS 2012

-At Crossroads
-(Rerun; it's time of the year) Vitamin D deficiency 
-Open letter to ASARECA Board of Directors
-Links
-Do you recite the Lord’s prayer, if so, which version?
-Gold at last, once again!
-Do you know Dengue Fever?
-Putting Fun into Sportsmanship (Usain Bolt gets the Last Laugh)
-Olympics
-Boarding Schools
-Austerity bites Britain
-To nature or nurture your child
-Sadistic Examiners
-What a 'first' love!
-Malaria and poverty
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News you can use:

  • Martin Luther King and the race riot that never was

  • (It could have been me!) Transcript of Barack Obama’s remarks

  • A Fat MORE Dangerous than Trans Fat?; Nov.11th, 2011

    But what if there’s something even worse than trans fat? And it’s not some unique fat that is rare in the American Diet.  In fact, it’s often where trans fat often comes from…hydrogenated soybean oil…

    This time, though it’s not just the hydrogenated part we’re concerned with, however.  It’s the soybean oil itself.  And while you may not use soybean oil regularly to cook with, trust me, it permeates our food supply.

    January 27, 2013

    Why Hydrogenate?

    Americans consume more than 28 billion pounds of edible oils annually, and soybean oil accounts for about 65 percent of it. About half of it is hydrogenated, as soybean oil is too unstable otherwise to be used in food manufacturing. One of the primary reasons for hydrogenating oil is to prolong its shelf life. Raw butter, for example, is likely to go rancid far quicker than margarine.

    Durbin, University of Illinois announce $25 million federal grant to increase Africa’s food supply through soybean research

    Published November 1, 2013

    The people living in the poverty band in the lower latitudes of Africa struggle with low-productivity crops, isolation from markets, and access to low-cost sources of protein and oil,” said Goldsmith. “There has also been a research void in soy production among developing countries. We’ve already seen soy as an economic engine creating agro-industrial growth in developing countries. That’s the beauty of a highly productive commercial crop such as soybean.

    5 Foods That Could Become Illegal With FDA Move to Ban Trans Fats

    Nov. 7, 2013

    The U.S. Food and Drug Administration just announced its preliminary determination that partially hydrogenated oil is no longer generally recognized as safe for use in food.

    Dr. Margaret A. Hamburg said in a statement that further reduction would prevent more than 20,000 heart attacks and 7,000 new cases of coronary heart disease each year.

    Soybean Farmers Respond to FDA Ban on Trans Fat

    The agency’s decision will significantly impact the vegetable oil market, including the soybean oil market. The agency has made a tentative determination to rescind the Generally Recognized as Safe (GRAS) status for partially hydrogenated oils (PHO), including partially hydrogenated vegetable oil (PHVO).

    The process of partially hydrogenating vegetable oils to make them more stable for certain baking, frying, or food applications has taken place since the 1930s, a process that results in the formation of some trans fats. Due to indications that increased consumption of trans fats may negatively affect coronary health, the FDA started requiring in 2006 that food nutrition panels identify the amount of trans fat in food products.

    Not All Trans Fats Are Equally Risky

    By

    WebMD Health News
    Reviewed by Louise Chang, MD

    March 7, 2008 — Trans fats have long been the bane of dietitians because they raise levels of artery-clogging LDL cholesterol and lower “good” HDL cholesterol levels — which increase the risk of heart disease. Yet two new studies show that not all trans fats are created equal, and natural trans fats don’t appear as harmful to cholesterol levels as artificial trans fats.

    Trans fats, or “trans fatty acids,” come in two forms:

    • Industrial trans fats are artificially created by manufacturers by adding hydrogen to liquid vegetable oils; these are called “partially hydrogenated oils.” This makes the oils more solid to give foods like cookies, pies, and french fries a rich, crispy texture.
    • Natural trans fats are found in meat (cow, sheep, goat) and dairy products. These trans fats are made naturally in the stomach of these animals.

    Most trans fats from the diet are industrial trans fat. Studies have shown that industrial trans fats contribute to heart disease by raising bad LDL cholesterol — the kind that can lead to hardening of the arteries — and by lowering good HDL cholesterol — the kind that can reduce heart disease risk.

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    Drug Companies & Doctors: A Story of Corruption

    The book follows the individual struggles of these three people over many years, culminating with GlaxoSmithKline finally agreeing in 2004 to settle charges of consumer fraud for $2.5 million (a tiny fraction of the more than $2.7 billion in yearly Paxil sales about that time).

    Antidepressant drugs approved between 1987 and 1999—Prozac, Paxil, Zoloft, Celexa, Serzone, and Effexor.10 They found that on average, placebos were 80 percent as effective as the drugs. The difference between drug and placebo was so small that it was unlikely to be of any clinical significance.

    We are now in the midst of an apparent epidemic of bipolar disease in children (which seems to be replacing attention-deficit hyperactivity disorder as the most publicized condition in childhood), with a forty-fold increase in the diagnosis between 1994 and 2003.

    ‘Shyness: How Normal Behavior Became a Sickness’

    Two Boys Suspended For Pointing Pencils Like Guns

  • ====================================================================================

BEDSIDEREADINGS' MANIFESTO 

Welcome to a blog with a difference - humorous, thought provoking, brain teasing, factual and developmental.

Although it is a forum, the original idea of bedside readings remains intact. That is why writing and publication of mini articles will continue there upon enabling subsquent discussions to be developed around them.

Note: Any text in this colour such as this, is a link. Just click on it to go to that article. Scroll to the right of this page and browse through the complete list of topics and articles. Click on the one you are interested in to access it.

The objectives of the forum are to:

      • Share humour
      • Share real life experiences
      • Challenge each other intellectually and provoke new thinking – original, abstract, common sense or otherwise
      • Exchange developmental ideas

What the forum isn’t meant to do:

      • Not to be used by individuals or groups as a platform for propaganda against any type of Institution or Organisation – however, constructive criticism is welcome
      • Not to be used as a media tool to engender personal negative interests including settling personal grudges

Any discussion which encourages challenging other contributors’ ideas creates inevitable differences between differing schools of thought. Such differences should be handled maturely and professionally – by expressing differing opinions, but at the same time showing respect for other contributors’ opinions.

You are all welcome and encouraged to contribute articles and comments which support  the theme of bedside readings.

 
2 Comments

Posted by on September 23, 2011 in Uncategorized

 

2 responses to “Welcome

  1. bedsidereadings

    October 3, 2011 at 1:05 pm

    Mr Musamali,

    The picture is the ‘brain teasing’ bit of it.

    As for the stories you would like to be hosted on the forum, please don’t wait for any technology! Just email your story to AB and it will get published.

    Take care

     
  2. A. G. Musamali

    October 2, 2011 at 9:08 am

    Dear Bedside Readings
    I am excited about the evolution from email based forum to this blog. In my case I will be confronting new technology and I suppose it will be quite a while before I can post the feature stories I would like to be hosted on the forum. Please prepare top give me further guidance on the subsequent cyberspace manouvres. But one thing though has puzzled me about the current setup of Bedside Readings – why do we have a picture of a water puddle on the edge of a forestside field? I would have expected a photo of somebody sitting at the bedside scrutinising some written material instead. What is the significance of the water here?
    Yours
    Nomadick Notes

     

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