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China overtakes Germany as world’s biggest exporter

Sunday, January 10, 2010

Chinese officials have said that their country’s exports surged last December to edge out Germany as the world’s biggest exporter.

The official Xinhua news agency reported today that figures from the General Administration for Customs showed that exports jumped 17.7% in December from a year earlier. Over the whole of 2009 total Chinese exports reached US$1.2 trillion, above Germany’s forecast $1.17 trillion.

Huang Guohua, a statistics official with the customs administration, said the December exports rebound was an important turning point for China’s export sector. He commented that the jump was an indication that exporters have emerged from their downslide.

“We can say that China’s export enterprises have completely emerged from their all-time low in exports,” he said.

However, although China overtook Germany in exports, China’s total foreign trade — both exports and imports — fell 13.9% last year.

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US Congresswoman Jackie Speier comments about Obamacare, Paralympics

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US Congresswoman Jackie Speier comments about Obamacare, Paralympics
October 8th, 2022 | Uncategorized |

Saturday, November 9, 2013

With the 2014 Winter Paralympics set for March, Wikinews sought comment from U.S. Representative Jackie Speier, who serves California’s 14th congressional district about the event and how current U.S. policies impact people with disabilities. Elected to the U.S. House in 2008, she serves on the Committee on Oversight and Government Reform and the House Armed Services Committee. For the first time ever, the Paralympics will be broadcast live in the U.S. on network television.


((Wikinews)) : Will “Obamacare” have a positive or negative impact on the lives of people with disabilities?

Jackie Speier: By-and-large the Affordable Care Act will have a significant and lasting beneficial impact on persons with disabilities […] Most importantly, pre-existing conditions will no longer prevent persons with disabilities from obtaining health insurance. Lifetime limits on medical expenses will be removed and preventive services will be free. All of these provisions of the law create health insurance that is highly supportive of good health outcomes for everyone, but in particular for those who have a disability.

((WN)) : Are there any Paralympic athletes or elite athletes with disabilities from your district that people should know more about?

Jackie Speier: There are currently two Paralympic athletes who train or live in my district that people will definitely hear more about in the coming years. One is a young woman named Allie Hyatt who trains in Judo with Willy Cahill, [whom] I have also trained with. Allie, who is visually impaired and just 15, has already won numerous awards and will participate in the Youth Olympic Games next year. She is sure to be a force in the Judo world for many, many years. Hyatt lives in San Francisco and Cahill is the founder and CEO of the Blind Judo Foundation.

Another great athlete is Mohamend Lahna who is training for the Rio Olympics in 2016 for the paratriathlon,” Speier continued. “He is from Morocco originally but lives now in San Mateo and trains daily at the College of San Mateo. He runs marathons with a prosthetic leg and has his sights set on winning several medals atworld and Olympic events in the future. Lahna has proximal femoral focal deficiency (PFFD), a birth defect that affects the hip and pelvis. He is married and has a 1-year-old child.

Wikinews also sought comment from other members of Congress, including John K. Delaney, Mike Honda, Kyrsten Sinema, Eric Swalwell, Raúl M. Grijalva and Ann Kirkpatrick but at publication time, had received no response.

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Picking A Portland Specialist For Heating And Air Conditioning Repair And Other Heating And Cooling Issues

October 7th, 2022 | Air Conditioning Servicing |

Picking a Portland Specialist For Heating and Air Conditioning Repair and other Heating and Cooling Issues

by

Sherron Khensovan

Ask any house owner to note the problems around the house that end up requiring the most time, expense,and upkeep to appropriately maintain, and chances are good that you\’ll see heating and cooling issues on almost each list including Heating and Air Conditioning Repair. A Portland home environment that is too cool in the wintertime months and too hot in the summer season can easily be a convincing argument for spending much less time at home, and could badly impact the amount of satisfaction a house owner gets out of the time spent in his private castle.

On top of that Portland Heating and Air Conditioning Repair as well as hvac problems usually result in irritation, costly repair works and diy projects gone awry. Not every climate-control problem is one that must cost hundreds or even hundreds of bucks, but left unattended or dealt with improperly, a fairly simple Heating and Air Conditioning Repair or HVAC complication can effortlessly spiral unmanageably.

[youtube]http://www.youtube.com/watch?v=j1nYipLAv0U[/youtube]

Fortunately, taking the easy step of employing a Portland Heating and Air Conditioning Repair as well as a heating and air specialist when these difficulties develop is likely to conserve the typical property owner time, cash, and a little peace of mind. When it comes time to search for a credible specialist, the process could appear like a challenging process, particularly if you have actually never had to employ somebody in the past, or understand little concerning your home\’s hvac system. Before deciding to hire someone to look into the problem, take the time to examine your potential professional.

There are a number of websites out there that focus on evaluations of Portland house Heating and Air Conditioning Repair service experts, and you need to be able to find a minimum of a few basic feedback on the contractor or the firm you\’re considering.

It\’s additionally an excellent idea to ask the company for recommendations, and actually make the effort to follow up on those phone calls, considering that hearing just what others have to point out about their experience with a service specialist can help you in making an educated decision. One more terrific resource of info is your neighborhood BBB; a basic call is all it takes in order to figure out if a contractor has had problems against them in the past, or is currently involved in pending lawsuits.

As soon as you locate a Portland Heating and Air Conditioning Repair and heating and air specialist that seems credible, comes with positive recommendations, and has been willing to respond to any sort of questions you may have, see to it that all dealings are recorded in writing, not just using a spoken contract or explanation. Everything from the preliminary quote to the estate analysis to the itemized expense should be taped carefully, and both you and the specialist must keep a copy on file. This helps secure both parties against any type of future disputes or misunderstandings, should the task go awry or not satisfy assumptions.

When heating and air concerns develop, it is essential to pick a quality contractor to fix the trouble.

Simply for the locals in the excellent State of Oregon, Right Now Portland Heating and Cooling supplies reputable as well as professional Heating and Air Conditioning Repair Solutions. So when looking for Heating and Air Conditioning Repair or additional Heating and Cooling companies, give us a call! It doesn\’t matter if you require service, repairs or also new units/systems; you will be extremely pleased with our truthful and fair pricing. Portland Heating and Cooling Service Solutions by Right Now Heating and Cooling will guarantee that you receive all that you need. So when you have any type of heating, cooling or Heating and Air Conditioning Repair needs for your house or company, give Right Now Portland Heating and Cooling a telephone call and let us help you! For support with all your Heating and Air Conditioning Repair needs, give Right Now Portland Heating and Cooling a phone call! It doesn\’t matter what type of Heating and Air Conditioning Repair you require, giving Right Now Portland Heating and Cooling a phone call will get the task done!

Right Now Portland Heating and Cooling supplies expert and trustworthy Heating and Air Conditioning Repair services to the locals in the great State of Oregon. So when searching for Heating and Air Conditioning Repair or additional Heating and Cooling companies, give us a call! You will be extremely pleased with the service and costs for your repair works or new units/systems. A warranty is provided for all of our Portland Heating and Cooling Service Solutions, which will certainly make certain you obtain everything you need for your project. It does not matter what type of Heating and Air Conditioning Repair you need, giving Right Now Portland Heating and Cooling a call will get the task done!

Portland Heating and Air Conditioning Repair Company

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San Diego Chargers upset Indianapolis Colts

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San Diego Chargers upset Indianapolis Colts
October 7th, 2022 | Uncategorized |
San Diego Chargers 28 24 Indianapolis Colts

Even without LaDainian Tomlinson and Philip Rivers, the Chargers made sure the Indianapolis Colts won’t repeat as Super Bowl champions.

Now San Diego must make sure it doesn’t repeat its last performance at New England.

That will be especially difficult without an injured L.T., who departed in the first half with a bruised left knee, and starting quarterback Rivers, who went out in the third quarter with a damaged right knee in the Chargers’ stunning 28-24 victory Sunday.

With Billy Volek at quarterback and Michael Turner as the main runner, San Diego went 78 yards on eight plays, with Volek sneaking in from the 1 with 4:50 remaining for the lead. The Chargers’ big-play defense then held on downs at its 7, and stopped Indy again in the final moments to preserve their eighth straight win.

To make it nine in a row and advance to their second Super Bowl — the other was a loss to San Francisco after the 1994 season — the Chargers will need all the resourcefulness they showed at Indianapolis. Being undermanned against undefeated New England hardly is an enticing prospect.

Still, with All-Pro cornerback Antonio Cromartie getting an interception and fumble recovery, and linebackers Shawne Merriman and Shaun Phillips plaguing Peyton Manning, the Chargers showed they have the ability to throw off any offense. Maybe even the most prolific attack in NFL history.

The Chargers didn’t come close against the Patriots in Week 2, falling 38-14. That was the beginning of a slide to 5-5 for San Diego, but the Chargers (13-5) are rolling now.

It was a gutty showing by Rivers, who threw for three scores — he banged his right knee on a 56-yard screen pass TD by Darren Sproles to end the third quarter. And Turner, who could be a starter elsewhere but usually sits behind league rushing leader Tomlinson, gave the offense the balance it desperately needed in the late stages of the upset, rushing for 71 yards.

The Chargers’ opportunistic defense, which led the league in takeaways (48) and turnover margin (plus-24), grabbed two interceptions — both on tipped balls — and a fumble. While San Diego couldn’t stop Manning’s offense from steadily marching downfield most of the game, it could make the key plays that get you closer to the Super Bowl.

Still, if Tomlinson is limited or sidelined, how much chance do the Chargers have against the perfect Patriots? Not to mention perhaps missing Rivers or tight end Antonio Gates, who courageously played much of the day on a dislocated toe.

For the Colts (13-4), it was a bitterly quick elimination from the postseason.

A year ago, they won three playoff games, then beat Chicago in the Super Bowl. They couldn’t recapture their touch on offense or defense this time, and a defense that allowed the fewest points during the season wore down against the equally physical Chargers.

Manning did throw for 402 yards, completing 33 of his 48 throws, but both interceptions killed deep scoring threats.

Rivers was 14-of-19 for 264 yards, and Volek went 3-of-4 for 48 yards in his clutch relief role. Vincent Jackson became Rivers’ top target and had seven catches for 93 yards and a score.

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Jermaine Pennant jailed for drink-driving">
Jermaine Pennant jailed for drink-driving

October 7th, 2022 | Uncategorized |

Tuesday, March 1, 2005

Aylesbury, England — The Arsenal F.C. midfielder Jermaine Pennant, currently on loan to Birmingham City, has today pleaded guilty to drink-driving, driving while disqualified, and driving without insurance by Aylesbury magistrates court. Pennant received a sentence of three months imprisonment. Pennant’s lawyer, Bary Warbutton, has said that the footballer will appeal against the severity of the sentence.

The incident occurred on January 23 of this year, Pennant was arrested after crashing teammate Ashley Cole’s car into a lamppost. The 22-year-old claimed that he crashed the car after attempting to operate the car’s Satellite navigation system.

Despite the claim by Warbutton that imprisonment “could completely destroy his career”, Birmingham City have said that they will stand by the player, and help to rehabilitate him. Arsenal released a statement saying that the sentence would not impact the player’s future with the club; his contract with club expires in the summer, at the same time as his loan-spell with Birmingham ends.

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Slippery business: Materials scientists invent new coating for self-cleaning, water-efficient toilets">
Slippery business: Materials scientists invent new coating for self-cleaning, water-efficient toilets

October 5th, 2022 | Uncategorized |

Thursday, November 21, 2019

In findings published on Monday in Nature Sustainability, researchers mostly from Pennsylvania State University (Penn State) in the U.S. reported the invention of a new coating that could reduce bacterial growth, water waste, and odor when sprayed onto an ordinary house toilet by rendering its surface too slippery for anything to remain attached for long.

According to the research team, half of all people worldwide are affected by limits on their water supply, while daily fresh water usage to flush the planet’s roughly 1 billion toilets and flush urinals is upwards of 141 billion liters (about 37 billion U.S. gallons, 31 billion imperial gallons); which they note is several times larger than the total rate of water consumption for the continent of Africa. Inventions that render the facilities more water-efficient, they reason, could have a profound impact on wastewater management, sustainable water use, and sanitation, possibly cutting the amount of water used to flush waste by, reportedly, a factor of two.

“Our team” study co-author Tak-Sing Wong said in a press release “has developed a robust bio-inspired, liquid, sludge-, and bacteria-repellent coating that can essentially make a toilet self-cleaning[.]” Wong is Penn State’s Wormley Early Career Professor of Engineering and an associate professor of mechanical engineering and biomedical engineering.

Co-developer Jing Wang recounted, “When we put that coating on a toilet in the lab and dump synthetic fecal matter on it, [the synthetic fecal matter] just completely slides down and nothing sticks to [the coated surface.]”

The more something sticks to a surface, the more water it takes to rinse it off. The researchers reported inventing a coating good at resisting substances that are sticky and vary profoundly in viscosity across their mass—like human fecal matter. They also reported the coating repels bacteria, which has implications for preventing the spread of disease and certainly reduces smells.

The invention, called a liquid-entrenched smooth surface (LESS) coating, involves two separate treatments, both presented as suitable for spraying onto ceramics amongst other materials. The first spray is made of molecularly grafted polymers, specifically polydimethylsiloxane silicone, that Wang described as resembling human hairs — though vastly thinner — once it has dried on the target surface, which makes the surface very smooth. The second spray covers the target surface in silicone lubricant. According to the report, the two-spray process is complete in under five minutes and lasts for roughly 500 flushes before requiring reapplication. Existing treatments have tended to take hours to set.

Carl Hensman of the Bill and Melinda Gates Foundation, which offered a contest for redesigning the toilet some years ago, noted the ingredients in the sprays are also found in commonly used products like — in the case of the first spray — toothpaste, and are unlikely to pollute nearby water supplies; though he also remarked that, because the spray wears off, it was unlikely to be used widely in developing countries as the researchers claim to hope.

Wong and three of his co-authors have started a company, spotLESS Materials, to transform their invention into a product. He remarked, “As a researcher in an academic setting, my goal is to invent things that everyone can benefit from […] As a Penn Stater, I see this culture being amplified through entrepreneurship, and I’m excited to contribute.” They have received support from the Rice Business Plan Competition, Ben Franklin Technology Partners’ TechCelerator, Y-Combinator, and the United States’ National Science Foundation, Department of Energy, and Office of Naval Research.

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Admission In Right Courses}

October 5th, 2022 | School Academy |

Submitted by: Rakesh Seawind

During this article we should always discuss right for candidates can facilitate to decide on best career for his or her life.Any courses choose before u should get the knowledge concerning them ,how career during this,and how to form bright career in life that\’s most significant fo0r any students or any candidates.Western Republic of India Institute Of natural philosophy is sort of 2004 that totally demand in craft maintenance professionals in airline business.Aircraft Maintenance Engineering Course is approved by board general of Civil Aviation(DGCA) Government of Republic of India.this course take three years length.WIIA is division of Ahmedabad aviation and natural philosophy ltd that\’s work with flying coaching Air charter,Operational wing of Indian Aviation business and Indus Institute Technology and Engineering.WIIA has own job and coaching field.

Our courses:

-Aircraft Maintenance Engineering in Mechanical Stream

-B.Sc. in craft Maintenance at Institute of Aviation Technology & Engineering (IATE)

B.sc. in craft Maintenance course that\’s graduate program below IATE during which students get AME license as per alternative and that they have golden opportunities to form career with right method.In this students should have 10+2 with arithmetic,Physics,Chemistry with recognized university or board.And additionally equivalent three years credential courses.

Like craft Maintenance course is each for men and girls.After coaching completed candidates have communicating that\’s organized by DGCA.That is three years length course that every year have two semester thus total is six semesters in three Years.

Advantage of craft Maintenance Engineering :

– All schedule and non schedule Airlines

– Maintenance Organizations

[youtube]http://www.youtube.com/watch?v=GAY5ICoVnA8[/youtube]

– Flying Clubs

– Charter Services

– school Publication

– consignment & Air Taxi

– pedagogy

– All Government Secto

WIIA is offer these area unit facilities for college students or candidates that\’s describe below:

-Lear Jet twenty four (Heavy Aircraft):

The Institute have a own significant craft Lear jet-24 fitted with electrical rotor for sensible coaching for WIIA students.

-Zenith CH-2000 (Light Aircraft):

The Institute have lightweight celestial point CH-2000 fitted with piston engine for sensible coaching or On job for WIIA students.

-Ahmedabad Aviation & natural philosophy Ltd. (AAA)

-Cross Section of reaction-propulsion engine

-Engineering Workshop : during which students get workshop with totally {different|completely different} machine or improve self or work on different tool.

-Airframe look

-Avionics look

-Jet Engine

-Piston Engine look

-Computer science la

-Boeing 747 undercarriage

-Mechanical Workshop

– workshop

-Jet Engine look etc.

This all area unit facilities area unit facilitate to students during this course.WIIA have a special options highest placement given,good laptop science lab with high speed net,educational visits for college students,industrial coaching for student with totally {different|completely different} business with different work look,comfortable surroundings.good lyonnaise ,good boys and lady hostels etc.After obtaining admission students should purchase tools or books and alternative kits that\’s necessary for course and student should have dress wear in Institute.Holidays area unit ascertained or recognized by the Institute and tutorial needs.ever student should follow strickly riles of Institute. and eightieth group action should would like. these area unit data concerning WIIA that facilitate to form best career in their life.

About the Author: Western India Institute of Aeronautics is a leading Aerospace and Aeronautical Engineering College and Institute offering Aircraft Maintenance Engineering Training and Aviation Courses for a bright career in Aviation sector in Ahmedabad, Gujarat, India

wiia.org

Source:

isnare.com

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Cleveland, Ohio clinic performs US’s first face transplant">
Cleveland, Ohio clinic performs US’s first face transplant

October 4th, 2022 | Uncategorized |

Thursday, December 18, 2008

A team of eight transplant surgeons in Cleveland Clinic in Ohio, USA, led by reconstructive surgeon Dr. Maria Siemionow, age 58, have successfully performed the first almost total face transplant in the US, and the fourth globally, on a woman so horribly disfigured due to trauma, that cost her an eye. Two weeks ago Dr. Siemionow, in a 23-hour marathon surgery, replaced 80 percent of her face, by transplanting or grafting bone, nerve, blood vessels, muscles and skin harvested from a female donor’s cadaver.

The Clinic surgeons, in Wednesday’s news conference, described the details of the transplant but upon request, the team did not publish her name, age and cause of injury nor the donor’s identity. The patient’s family desired the reason for her transplant to remain confidential. The Los Angeles Times reported that the patient “had no upper jaw, nose, cheeks or lower eyelids and was unable to eat, talk, smile, smell or breathe on her own.” The clinic’s dermatology and plastic surgery chair, Francis Papay, described the nine hours phase of the procedure: “We transferred the skin, all the facial muscles in the upper face and mid-face, the upper lip, all of the nose, most of the sinuses around the nose, the upper jaw including the teeth, the facial nerve.” Thereafter, another team spent three hours sewing the woman’s blood vessels to that of the donor’s face to restore blood circulation, making the graft a success.

The New York Times reported that “three partial face transplants have been performed since 2005, two in France and one in China, all using facial tissue from a dead donor with permission from their families.” “Only the forehead, upper eyelids, lower lip, lower teeth and jaw are hers, the rest of her face comes from a cadaver; she could not eat on her own or breathe without a hole in her windpipe. About 77 square inches of tissue were transplanted from the donor,” it further described the details of the medical marvel. The patient, however, must take lifetime immunosuppressive drugs, also called antirejection drugs, which do not guarantee success. The transplant team said that in case of failure, it would replace the part with a skin graft taken from her own body.

Dr. Bohdan Pomahac, a Brigham and Women’s Hospital surgeon praised the recent medical development. “There are patients who can benefit tremendously from this. It’s great that it happened,” he said.

Leading bioethicist Arthur Caplan of the University of Pennsylvania withheld judgment on the Cleveland transplant amid grave concerns on the post-operation results. “The biggest ethical problem is dealing with failure — if your face rejects. It would be a living hell. If your face is falling off and you can’t eat and you can’t breathe and you’re suffering in a terrible manner that can’t be reversed, you need to put on the table assistance in dying. There are patients who can benefit tremendously from this. It’s great that it happened,” he said.

Dr Alex Clarke, of the Royal Free Hospital had praised the Clinic for its contribution to medicine. “It is a real step forward for people who have severe disfigurement and this operation has been done by a team who have really prepared and worked towards this for a number of years. These transplants have proven that the technical difficulties can be overcome and psychologically the patients are doing well. They have all have reacted positively and have begun to do things they were not able to before. All the things people thought were barriers to this kind of operations have been overcome,” she said.

The first partial face transplant surgery on a living human was performed on Isabelle Dinoire on November 27 2005, when she was 38, by Professor Bernard Devauchelle, assisted by Professor Jean-Michel Dubernard in Amiens, France. Her Labrador dog mauled her in May 2005. A triangle of face tissue including the nose and mouth was taken from a brain-dead female donor and grafted onto the patient. Scientists elsewhere have performed scalp and ear transplants. However, the claim is the first for a mouth and nose transplant. Experts say the mouth and nose are the most difficult parts of the face to transplant.

In 2004, the same Cleveland Clinic, became the first institution to approve this surgery and test it on cadavers. In October 2006, surgeon Peter Butler at London‘s Royal Free Hospital in the UK was given permission by the NHS ethics board to carry out a full face transplant. His team will select four adult patients (children cannot be selected due to concerns over consent), with operations being carried out at six month intervals. In March 2008, the treatment of 30-year-old neurofibromatosis victim Pascal Coler of France ended after having received what his doctors call the worlds first successful full face transplant.

Ethical concerns, psychological impact, problems relating to immunosuppression and consequences of technical failure have prevented teams from performing face transplant operations in the past, even though it has been technically possible to carry out such procedures for years.

Mr Iain Hutchison, of Barts and the London Hospital, warned of several problems with face transplants, such as blood vessels in the donated tissue clotting and immunosuppressants failing or increasing the patient’s risk of cancer. He also pointed out ethical issues with the fact that the procedure requires a “beating heart donor”. The transplant is carried out while the donor is brain dead, but still alive by use of a ventilator.

According to Stephen Wigmore, chair of British Transplantation Society’s ethics committee, it is unknown to what extent facial expressions will function in the long term. He said that it is not certain whether a patient could be left worse off in the case of a face transplant failing.

Mr Michael Earley, a member of the Royal College of Surgeon‘s facial transplantation working party, commented that if successful, the transplant would be “a major breakthrough in facial reconstruction” and “a major step forward for the facially disfigured.”

In Wednesday’s conference, Siemionow said “we know that there are so many patients there in their homes where they are hiding from society because they are afraid to walk to the grocery stores, they are afraid to go the the street.” “Our patient was called names and was humiliated. We very much hope that for this very special group of patients there is a hope that someday they will be able to go comfortably from their houses and enjoy the things we take for granted,” she added.

In response to the medical breakthrough, a British medical group led by Royal Free Hospital’s lead surgeon Dr Peter Butler, said they will finish the world’s first full face transplant within a year. “We hope to make an announcement about a full-face operation in the next 12 months. This latest operation shows how facial transplantation can help a particular group of the most severely facially injured people. These are people who would otherwise live a terrible twilight life, shut away from public gaze,” he said.

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Wikinews interviews Chilean Paralympic skier Jorge Migueles">
Wikinews interviews Chilean Paralympic skier Jorge Migueles

October 3rd, 2022 | Uncategorized |

Wednesday, December 19, 2012

Recently, Wikinews spent time with with Chilean Paralympic skier Jorge Migueles who was in Copper Mountain, Colorado for the IPC Nor-Am Cup.

((Wikinews)) I’m interviewing Jorge Migueles, he is here from Chile. And you’re from Santiago.

Jorge Migueles: Yes, from Santiago.

((WN)) What you’re what classification?

Jorge Migueles: LW4, I have a prosthetic I ski with, special for skiing, I have an amputation below the knee.

((WN)) When people think of skiing, they don’t automatically think Chile as a great place for skiers, and developing skiers. How did the skier [Jorge Migueles] from Chile become a skier?

Jorge Migueles: Yes it is a good place because all the big teams — USA, Austria, Canada — go for training there and they go […] in September because the snow is very hard for training, very icy, and it is very close to Santiago, to the airport, it is more easy for the logistics for the team.

((WN)) I take it that you really like skiing?

Jorge Migueles: Yeah.

((WN)) Do you do any other sports?

Jorge Migueles: Yes, I competed in triathlon, but only for a hobby. I got training in Santiago before to come here, to ski[?] here and one, two months in Europe.

((WN)) So the triathlon helps you with your skiing?

Jorge Migueles: Yeah.

((WN)) I take it your taking to go to Sochi?

Jorge Migueles: Yeah, I try.

((WN)) Has your country [Chile] won any Paralympic medals in the winter games?

Jorge Migueles: No, never, neither[?] olympic nor paralympic.

((WN)) So you want to be the first winter Paralympian medal from your country?

Jorge Migueles: I try that. Very difficult.

((WN)) Do you get government support for the winter Paralympic side?

Jorge Migueles: Not yet, but I try and get support from the government because in Chile all the sport in the summer in Santiago 2014 is all the sport in the summer is all they reimburse[?], the monies go there, in the winter it’s more difficult. But I try that.

((WN)) Is winter sport popular in Chile?

Jorge Migueles: Yeah, it’s popular, but it’s very expensive to practice skiing or snowboard.

((WN)) The only other major news story that people know about in Chile is the earthquake, that didn’t impact you that much you at all?

Jorge Migueles: Yes, a lot, because when […] had to stay here in United States training, and seeing in the news the earthquake, was very hard.

((WN)) And your family and everything was okay, with that?

Jorge Migueles: Yes, they’re okay.

((WN)) Is there anything people who know nothing about Paralympic sport in Chile should know?

Jorge Migueles: In London, in the past Olympic Game, one person with disability […], he won gold medal in London. […] He was the first Paralympic to win a medal in the history of Chile. And now the people know this movement [The Paralympics].

((WN)) That’s very cool. Okay. Thank you very, very much.

Jorge Migueles: Thank you.
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MetLife to acquire Travelers Life and Annuity from Citigroup">
MetLife to acquire Travelers Life and Annuity from Citigroup

October 2nd, 2022 | Uncategorized |

Monday, January 31, 2005

Metlife announced on 01/31/05 that they were going to acquire Travelers Life and Annuity from Citigroup. Travelers Life and Annuity is an insurance underwriter. MetLife is a large life insurance and annuities underwriter. MetLife will have to borrow a lot of money to pay for the company, so rating agencies like S&P warn that the AA credit rating of MetLife might be lowered. This would cause the interest rates at which all of MetLife’s debt must be repaid to increase.

Citigroup committed to continue distributing Travelers life insurance and annuities through its Smith Barney stock brokers, Primerica agents, and Citibank branches.

Citigroup was previously known as Travelers Insurance before it bought Citicorp. First the Property and Casualty business of Travelers was spun off, and now the life insurance division has been sold off. This is primarily because insurance underwriters get a lower price to earnings multiple from the stock market because of the cycles and uncertainty associated with the insurance business. Also, having an insurance underwriter and a bank together does not usually create “cross-sell” opportunities, because consumers and businesses almost always buy life insurance and annuities through brokers who have a duty to give them other options. Citigroup will continue to sell insurance through its brokers as before.


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