| Tourists bogged at Boggy Hole Road
TWO Scottish tourists walked 12 hours through the night in the central Australian outback after their car became bogged - at Boggy Hole Road. The two men, aged 51 and 40, were driving along the road, southeast of Hermannsburg when their hire vehicle became stuck in a creek bed, police said. The pair tried to dig the Nissan X-Trail out but started walking for help around 6pm (CST) on Tuesday. They arrived at the small community of Old Station about 6am (CST) yesterday after walking 29km. They were given a lift to Hermannsburg, about 15km away. The historic settlement of Hermannsburg is 130km southwest of Alice Springs. Police said the men were dehydrated and tired but otherwise unhurt. They returned the men to the bogged car and towed the vehicle out.
Ace Ethanol LLC Selects Planalytics EnergyBuyer for Natural Gas ...
WAYNE, Pa., Jan. 3 /PRNewswire/ -- Planalytics Inc. announced today that Ace Ethanol LLC has licensed the EnergyBuyer(SM) service to help the company monitor natural gas market prices and identify when it is a good time to buy or hedge its natural gas. "Planalytics' always accessible web-based tool and weekly e-mail newsletters will help Ace Ethanol stay on top of a volatile market and take advantage of good buying opportunities when they arise," said Paul Corby, Senior Vice President, Planalytics Energy. "We look forward to helping Ace successfully manage their natural gas costs, providing them with stable pricing and lower volatility." Planalytics EnergyBuyer continuously analyzes market conditions to provide clients with straightforward "buy" or "don't buy" guidance up to a year in advance.
Three former El Paso traders found guilty of fraud
A federal jury today found three former El Paso Corp. natural gas traders guilty of conspiracy and some charges of wire fraud and false price reporting. Jim Brooks, Wesley Walton and James Pat Phillips each faced 49 charges in connection with price reports sent to industry publications Inside FERC and Natural Gas Intelligence from 2000 to 2002. After 35 days of hearing testimony and 2 1/2 days of deliberations, the jury found Brooks guilty of 45 charges, including the single conspiracy charge, 22 counts of false reporting and 22 counts of fraud. Walton was found guilty of 23 charges, including conspiracy, 11 counts of false reporting and 11 counts of wire fraud. Phillips was found guilty on 21 counts, including conspiracy 10 false reporting charges and 10 wire fraud charges.
Sensex dips 612 points
Indian markets opened positive and after first two hours of volatile trade came crashing down and the benchmark BSE Sensex closed the day with 612.56 points loss at 17,526.93. The broader 50 share Nifty closed 3.56 per cent lower at 5133.25 amidst talk of a large chunk of selling in the Nifty Futures. Though domestic market sentiment could have been affected by the warning that India would grow slower at the rate of 8.7 in 2007/2008, market participants said it was basket selling in frontline, large cap stocks that triggered the crash. The situation in the primary markets too worsened as Wockhardt Hospitals had received only 20 per cent of subscriptions to its IPO by 5 pm on the closing day, even after cutting its issue price once and extending the subscription date. The provisional figures from the National Stock Exchange indicated foreign institutional investors were net sellers to the extent of 860 crore while domestic funds net buyers of Rs 230 crore.
Daily Blabber Celebrity Gossip Blog from iVillage Entertainment
That was the question surrounding this twosome all year. In January at the Golden Globes, the Lost costars dismissed talk of a relationship. By September, they were openly canoodling. Hawaii seems like the perfect backdrop for young love -- and they're certainly taking advantage of it. Eva Longoria &...: Desperate Housewives star Eva Longoria found her celeb dating groove this year. The divorcee was linked to JC Chasez, Sean Faris and Tony Parker. The thing with Tony Parker stuck and she got serious with him by summer. They just spent Christmas together in Texas, where they cussed out a cop and Eva, who is Mexican, reportedly made a derogatory comment about the cop being Mexican. Oh, those crazy kids. Nicole Kidman & Keith Urban: Tom Cruise, Q-Tip, Lenny Kravitz...
Energy Focus Optics Help Achieve Record Solar Cell Efficiency
Such forward-looking statements include statements regarding the goals and business outlook for 2007 and thereafter, future pool market sales, the expected growth of and percentage of the Company to be represented by EFO, expected product development and introductions, and expected overall sales growth and profitability, and expected benefits, revenues. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Actual results may differ materially from the results predicted. Risk factors that could affect the Company's future include, but are not limited to, a slowing of the U.S. and world economy and its effects on Energy Focus' markets, failure to develop marketable products from new technologies, failure of EFO or other new products to meet performance expectations, unanticipated costs of integrating acquisitions into the Energy Focus operation, delays in manufacturing of products, increased competition, other adverse sales and distribution factors and greater than anticipated costs and/or warranty expenses.
Non-ferrous Metallurgy
The nonferrous metallurgy industry is strongly export-oriented: up to 70% of the country's nonferrous metal production is exported. Aluminum makes up 48% of export volumes; nickel, 20%; and copper, 12% in terms of value. Most of the rest consists of precious metals produced by Norilsk Nickel (Nornikel).
The industry employs about 20% of the country's employable population and is growing dynamically: output volumes in nonferrous metallurgy increased by 7.1% in 2001. However, at present the industry's effectiveness is a result of low resource costs, including energy costs, and Russia's enormous mineral reserves rather than high technology. Therefore, nonferrous metallurgy is one of the most successful and at the same time one of the most problematic sectors of the economy, since it is the first to react to any changes in the country's macroeconomic situation.
LETTERS: Hush money
Chris Lester's column ("This hush money is a howl," Star Business Weekly, Jan. 28) puts a pin in the administration's economic balloon and its mantra of "borrow and spend." The quick fix of the economic stimulus package is no real fix to the shortsighted fiscal practices America refuses to face. The Republican pitch of "the less taxes, the better" translates in practice to "borrow and spend" to pay for the Iraq war and unrestrained domestic spending. The Bush administration is anything but conservative fiscally. If our president had the courage of any previous wartime president, he would have raised taxes in time of war so that the citizens at home helped sacrifice to pay for the war abroad. Instead, he has cut taxes and fights a war without end with money borrowed from China and Arab purchasers of our debt.
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