May 2011

31 May 2011

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Will the Qatar World Cup be built on the backs of migrant building workers?

by Rebecca Diaz

Amid all the furore about alleged corruption in FIFA who demanded what and what did people offer a more mundane corruption might get overlooked. The international trade union movements Playfair campaign is dedicated to rooting out the human suffering associated with global sporting events like the World Cup. Today, the ITUC has issued a report which calls on FIFA to confront the terrible working conditions facing the vast majority of construction workers in Qatar, where several football stadiums will be built before the 2022 World Cup.

The report details the working and living conditions of the mainly Indian, Pakistani and Nepalese workers in the gleaming cities of Doha and Dubai.

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29 May 2011

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Currency Trading Signals On-line Segment Prognosis

by Jennifer James

Any component of fearfulness as well as doubt has been removed from the fx market systems for the time being, with foreign currencies obtaining a reprieve from the US Dollar and signals efforts to mount more considerable corrective efforts.

Forex trading gains increased in early Thursday trade, with the Euro contemplating a push back above 1.4200. The bulls have been acquiring some relative strength on the day with information out of China that the country might devote several billion dollars in the New Zealand economy and hundreds of billions in the Australian economy, assisting to crank out further signals to buy.

A forex trader report also states that that China possesses interest in European bail-out bonds and this is additionally causing the risk positive atmosphere.

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28 May 2011

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Freescale IPO confirms CPPIB’s large paper losses

by Jennifer James

Remember the cheery pieces from the MSM about the CPP Investment Boards recent home run on our $300 million Skype investment? I wonder if the same interest will be shown in yesterdays Freescale initial public offering, now that our ~50% paper loss on that investment has been confirmed in the marketplace .

I was a big fan of the Skypke deal from the outset , but one of the challenges with LP co-investing is simply this: do you show them every deal? Or just the ones that are larger than the private equity firm wants to carry on its own balance sheet? If the average mega buyout firm does 12 transactions in a specific fund, and syndicates a third of them to their Limited Partners based solely on the sizes of the equity cheque required, how does the LP pick-and-choose whether to go into the deal or not?

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23 May 2011

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ProProsper

by Rebecca Diaz

ProProsper the application has been retired. If you are interested in buying the domain name ProProsper.com please contact me via email kevin @ richcreditdebtloan dot com.

22 May 2011

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College Grads: 3 Quick Tips for Your Job Search

by Jennifer James

If you’re graduating this spring and you don’t have a job lined up, you mayhave a tough time finding one. Even graduates from the class of 2009 are still finding their degrees not as useful as they had hoped. A study reported by the New York Times shows that of all 2009 graduates, 22.4% aren’t working. Of the 77.6% with jobs, 22% have jobs that don’t require a college degree.

These numbers are bleak, but not impossible to overcome.

In a study reported by CBS, 55% of college graduates believe their education helped them prepare for a job or career. And the wage gap between high school and college graduates is reported at nearly $19,550. To make sure you start off your job search on the right foot, here are three quick steps to take.

  1. Polish your resume. Your resume is your chance to market yourself to potential employers. This me

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21 May 2011

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Travelport and flydubai reach landmark distribution agreement

by Tyler Kelly

Dubai’s first low-cost airline, and Travelport, the business services provider to the global travel industry, have reached a landmark agreement recently that will ensure that all Travelport-connected travel agents worldwide have full access to flydubaiflydubai.

The multi-year deal will enable the fledgling carrier to tap into the extensive worldwide network of 63,000 travel agents who currently use Travelport’s Galileo or Worldspan global distribution system (GDS) for their travel booking needs. In turn, these agents will gain access to content from one of the Middle East’s leading low-cost carriers.

Importantly, from today, travel agents will be able to book flights with and partner airlines under the same passenger name record.