Monday, December 3, 2012

First Solar, SunPower look to cash in on China's solar boom

(Reuters) - U.S. solar companies First Solar Inc and SunPower Corp on Monday unveiled plans to expand in China, which is expected to be among the top solar markets in the world next year.

First Solar, the biggest U.S. solar panel maker, agreed to supply 2 megawatts (MW) of its thin-film solar modules to a solar project in Xinjiang province in western China, in the first quarter of 2013.

This will be the company's first commercial demonstration project in China, First Solar said.

Smaller rival SunPower said it will team up with its partners in China to manufacture and sell its concentrating solar-power systems in the Asian country.

U.S.-based SunPower, which is majority owned by France's Total SA , will invest $15 million and receive a 25 percent stake in the $60 million joint venture.

"China could potentially even be the biggest solar market, in terms of demand, the next year and the year beyond," said Aaron Chew, analyst at Maxim Group.

Chew estimates that the Chinese market will grow to 7 gigawatts (GW) in 2013 from between 4 GW and 5 GW this year.

However, he doesn't expect First Solar and Sunpower to see a huge demand opportunity in the Asian country as Chinese producers themselves had tons of gigawatts of unused capacity.

First Solar shares were almost unchanged at $27.09 in afternoon trade on Monday on the Nasdaq, while SunPower shares were up nearly a percent at $4.62.

(Reporting by Swetha Gopinath in Bangalore; Editing by Joyjeet Das)

Source: http://news.yahoo.com/first-solar-sunpower-look-cash-chinas-solar-boom-183001003--finance.html

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Source: http://ipowerwash.com/cleaning/index.php?t=homeimprovementcleaningtipsandtools-articles&i=11205170H14r&d=Dec2012

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Sunday, December 2, 2012

Solutions In Personal Loan Singapore Clarified | Oister Site

Correspondent Carmelo J. P. Lujan-Thurman ? Individuals need funds for many different arguments. Anytime a need involves over the amount of money made, there is a necessity to make that cash via a home loan. Easy can be a this particular mortgage loan which can be widely used throughout Singapore. Historically, short term loan were definitely offered by finance institutions, only to men and women great incomes. In addition to banking institutions, consumers utilized to rely on many other sources like insurance providers, privately owned banking institutions plus small financers to enhance lending products.

Now, when using the development of numerous personal bankers as well as nationalized bankers, individual insurers aside from nationalized insurers just like Life insurance coverage Group of Singapore, Brand-new Singapore Self-assurance, Usa Singapore Insurance plan and quite a few some other privately owned banking companies close to, it is very straightforward to obtain a personal bank loan.

In todays world, intense importance of funds could occur right away. Signature loans are provided greatly on practical such sudden problems. Payday loans are quite beneficial in dealing with tiny economical demands which require prompt focus.

Among the many simplest ways of obtaining lending options is via lenders. For long periods, unsecured bank loans are actually synonymously connected with finance institutions. Bankers throughout Singapore, together confidential plus nationalized, give financial loans to their consumers.

Nevertheless, individuals must manifest as a thorough despite the fact that using unsecured loan Singapore. In the current economic marketplace, only a few financial institutions fee exact same awareness. Certain bankers cost bigger fascination with assessment to other banking institutions. Secret premiums together with stipulations connected with banks may also be very important. Often, these are missed through applicants, which should stop the case.

Any paid staff member can get the private loan product when comparing some people. Financial institutions look for basic safety and even paying back total capacity in personal loan more than anything else. A constant income will be an outstanding trying to repay limit of the people.

The volume of an individual can financial loan superior to anyone will depend after the actual trying to pay back capacity plus the set period to which the financial loan really needs to be reimbursed. The time period to which a lot of personal loan ought to be reimbursed is going to be via Year, Two years as well as Forty eight months more than a college that?s giving the personal loan.

Underneath these plans, very little property or perhaps assets is without a doubt used as a result of loan company and therefore, pay back ability to the individual is actually approved by using ranges much like the quantity of pay, loan companies transactions to get past Few months to at least one 365 days and even credit score.

Source: http://oister.org/?p=807

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Minn. police officer fatally shot in 'ambush'

COLD SPRING, Minn. (AP) ? Even for those who didn't know him, the fatal ambush of a local police officer provoked tears Friday for residents of the small central Minnesota community where he was killed while trying to help a man believed to be suicidal.

Officer Tom Decker, a six-year veteran and father of four, had gone to check on a man's welfare when he was fatally shot after getting out of his squad car near a bar in Cold Springs late Thursday. Investigators said Friday that several guns were found, and the man who was reported to be suicidal was taken into custody.

"He was a policeman trying to help someone. He was called there to help and he went there and was shot doing his job," said Donna Knaus, a manager at Cold Spring Bakery not far from the crime scene. "It's horrible."

Many other residents of Cold Spring, a city of about 4,000 residents about 75 miles northwest of Minneapolis, became teary-eyed when asked about Decker. The officer grew up on a farm south of town, and after graduating from college, worked at several small Minnesota police departments before coming home for what he called his dream job.

"It's a terrible, terrible thing in a community this size," said Florence Benson, 72, of Rockville, just a few miles down the road. "Just about everybody knows everybody ? especially police officers."

The man taken into custody, 34-year-old Ryan Michael Larson of Cold Spring, was being held Friday on suspicion of second-degree murder. The county attorney's office was considering criminal charges.

Larson's relatives either couldn't be reached or declined comment Friday to The Associated Press. One said she wasn't sure whether Larson had an attorney.

Stearns County Sheriff John Sanner said his department got a call around 9 p.m. Thursday reportedly from Larson's family, saying he might be suicidal. Cold Spring police went to his home once and couldn't raise anyone, then returned almost two hours later.

It was during the second trip that Decker was shot. He was wearing a bulletproof vest.

"It's apparent to us the officer was ambushed at the scene," said Drew Evans, assistant superintendent of the state Bureau of Criminal Apprehension.

Investigators wouldn't elaborate on why they believe the shooting was an ambush, saying only that the shooting was still being investigated.

Residents, meanwhile, were focused on the officer's family. One woman who said she didn't know the officer left a flower bouquet for his family at City Hall, where a heart-shaped balloon and candle were also left. A banner made at a local school was filled with dozens of colorful handprints cut out of construction paper and read: "We thank all of you for your service to our community."

When asked about the banner, Cold Spring Mayor Doug Schmitz was moved to tears. "It's tough," he whispered.

"A lot of people woke up this morning in shock, and we're still in shock," he said later. "We're a strong community. We just bind together here. It's going to be a tough few days and weeks to come, but we'll make it."

Blocks surrounding the crime scene were cordoned off with police tape on Friday, and officers ? some using dogs, others searching rooftops ? canvassed the area.

Several guns were found, according to the Bureau of Criminal Apprehension, but the agency was searching for additional weapons that may be related to Decker's death. Brian Moen, who lives about a block from the bar, said officers who came to his door told him they were looking for a sawed-off shotgun.

Cold Spring Police Chief Phil Jones said Decker was the "department jokester" on a force with only eight full-time officers. Decker served as the department's instructor on firearms and use of force. Jones said he never had problems with Decker, noting he'd received repeated letters of commendation and appreciation.

Decker leaves behind a wife and four children from a previous marriage ? two daughters ages 8 and 7, and two sons ages 6 and 5.

His younger brother, Joe Decker, told The Associated Press that his brother loved to travel and be outdoors. He said his brother was shy and reserved as a youngster but became outgoing and gregarious as an adult.

"He was one of those people who'd be the life of the party," Joe Decker said.

Police attention had been drawn before to Larson, a machine tool student at St. Cloud Technical and Community College, though mostly for traffic-related offenses but once in an abuse case.

In 2009, he reached a plea agreement to settle a misdemeanor disorderly conduct charge for engaging in behavior that could "arouse alarm, anger, or resentment in others." As part of the plea deal, he served a day in jail and agreed to undergo domestic abuse counseling. A no-contact order was issued. Court files indicated he violated his probation in 2010.

"He's a normal person," Jeff Scoles Jr., a friend of Larson's, told the AP late Friday. "He's not a monster."

Scoles said Larson lived in an apartment above his bar and has filled in as a bartender at another bar he owns. Scoles added that Larson was doing his homework at one of the bars Thursday and was in a "good mood" when he left that afternoon.

He added that Larson took a concealed-carry class in January and that Larson owned guns, but "was cautious with them."

Condolences for Decker came from fellow police officers in other Minnesota departments and from elected officials, including Gov. Mark Dayton.

"On behalf of the people of Minnesota, I extend my deepest sympathies to his family and to the Cold Springs Police Department for their tragic loss of an outstanding officer, father and friend," the governor said.

___

Associated Press writers Brian Bakst in St. Paul, Minn., Dinesh Ramde in Milwaukee and Jeff Baenen in Minneapolis contributed to this report.

Source: http://news.yahoo.com/minn-police-officer-fatally-shot-ambush-183832488.html

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Spending stumbles in Oct. as income growth stalls

1 day

U.S. consumer spending fell in October for the first time in five months as income growth stalled, suggesting slower economic growth in the fourth quarter.

The Commerce Department said on Friday consumer spending fell 0.2 percent after an unrevised 0.8 percent rise in September.

It said it could not quantify the impact of superstorm Sandy, but added it made adjustments where source data was not yet available or did not reflect the effects of the storm.

Though the storm, which slammed the East Coast in late October, put a brake on automobile sales, the drop in spending last month was in part a reflection of the weak economic fundamentals.

Economists polled by Reuters had expected consumer spending, which accounts for 70 percent of U.S. economic activity, would be flat last month.

When adjusted for inflation, consumer spending fell 0.3 percent, the first decline since June, after rising 0.4 percent the prior month.

It was also the largest decline since September 2009 and implied growth in consumer spending this quarter would struggle to exceed the third-quarter's 1.4 percent annual pace, which was the slowest in more than a year.

While the economy grew 2.7 percent in the third quarter after advancing 1.3 percent in the prior three months, much of the boost came from the restocking of goods and robust government spending. That is likely to be lost in the final three months of the year.

Growth could also be pressured by the lingering effects of the storm and automatic deep cuts to government spending and tax increases that could drain $600 billion early next year unless Congress and the Obama administration agree on a less-severe plan to cut budget deficits.

Income was unchanged in October for the first time since April and followed a 0.4 percent gain in September. The department said private wages and salaries fell, reflecting work interruptions caused by Sandy.

The amount of income at the disposal of households after inflation and taxes dipped 0.1 percent after being flat in September. Despite weak income growth, the saving rate rose to 3.4 percent from 3.3 percent the prior month.?

Source: http://www.nbcnews.com/business/economywatch/consumer-spending-stumbles-oct-income-growth-stalls-1C7350146

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Saturday, December 1, 2012

"The euro is a currency with a state", says ECB's Coeure

PARIS (Reuters) - European Central Bank policymaker Benoit Coeure urged euro zone governments on Saturday to forge a closer political union, arguing "the euro is a currency with a state" whose branches of government need more clearly defining.

At an economic forum in Paris, Coeure said the ECB had acted to prevent the break-up of the euro by agreeing its new bond-purchase program, dubbed Outright Monetary Transactions (OMT).

OMTs aim "to price out a type of catastrophic risk premium that investors demand in conditions of market paralysis," Coeure said in the text of a speech for delivery at the forum.

"It was breakdown risk in the early stage of the crisis, the risk that the payments system would seize up completely. It is break-up risk now," he added.

The ECB will do everything within its mandate "to ensure price stability in the euro area and therefore trust in the euro as a currency," he said.

But he added that the euro zone needed closer political cooperation to coordinate crisis management policies.

"The notion that the euro is a currency without a state is in my view misguided," he said. "The euro is a currency with a state - but it's a state whose branches of government are not yet clearly defined."

Former ECB President Jean-Claude Trichet's idea for a euro area Treasury would be an important step in bringing greater clarity to the role of government in the bloc, Coeure said.

"The ECB is independent and fully accountable, but it needs clearly identifiable and fully empowered interlocutors," he added.

(Reporting by Lionel Laurent; Writing by Paul Carrel, Editing by Gareth Jones)

Source: http://news.yahoo.com/euro-currency-state-says-ecbs-coeure-111802012--business.html

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Director of Budget and Planning - HigherEdJobs

The Director of Budget and Planning for the UMass President's Office reports to the Assistant Vice President for Accountability and Planning
and is responsible for managing budget staff through various cyclical budget and planning processes, including the capital plan, operating
budget, financial indicators, formula funding, and related communication, management, compliance and reporting activities. The Director will
be responsible for managing projects and initiatives, preparing reports and presentations, and participating in discussions with important
stakeholders. The Director supports the Senior Vice President in communication with legislative and executive branch staff, campus
administrators, and others, representing and promoting the University's interests. The Director will periodically collaborate in strategic
planning, policy analysis, and special projects as required.

Job Description:

  • Directs the development and documentation of the University's annual operating and capital budget requests.
  • Provides information for internal planning and decision-making and facilitates the reporting requirements of the university.
  • Assists the Chief Financial Officer and the University community in attaining their respective missions by creating and disseminating quality information for planning, budgeting, management, and accountability.
  • Directs cyclical budget and planning processes, preparing templates and communication, fielding questions, establishing and driving towards timelines and preparing summaries and reports as needed.
  • Identifies and monitors proposed legislation and developing issues in the public sector which could affect the University.
  • Directs the President's Office budget development and management, working with departments to develop annual budgets and providing revenue and expense estimates for the office.
  • Provides financial planning and policy analyses for various President's Office needs and initiatives including strategy considerations, Trustee requests, press inquiries, and others.
  • Prepares the five-year capital plan and works with various agencies and entities to facilitate University capital activities including UMass Building Authority (UMBA), Division of Capital Asset and Maintenance (DCAM), Executive Office for Administration and Finance (EOAF), and others. Works with campuses to align capital plans with strategic goals and growth opportunities of the campus and the University.
  • Works with campuses and central staff to develop and issue schedules, plans, guidelines, and templates, and consolidate campus data into reports. Analyze internal and comparable external data for trends and potential improvements or new strategies.
  • Manage system office responsibilities in capital approval processes, including drafting correspondence, drafting and/or reviewing Interagency Service Agreements and Memoranda of Understanding, track related actions including associated fund transfers and in general ensure parties are fulfilling obligations.
  • Develop and manage a program for measuring, reporting and addressing deferred maintenance at the University. Responsibilities include working with campus administrators and state officials and other parties to fully scope the problem, develop and deploy optimal procedures for measurement and reporting, and, working with system office leadership, develop strategies for addressing the deferred maintenance.
  • Assist the University and its campuses in researching and developing revenue generating opportunities as it relates to our land and facilities. Research peer University strategies, consult with the campuses and offer suggestions. Pursue opportunities for capital funding including state and federal programs for construction or renovation.
  • Interface with state administration and finance personnel and systems, including the MMARS system to ensure appropriate allocation and use of state funds
  • Direct annual processes for developing and reporting University results and analyze internal and comparable external data for trends and potential issues.
  • Support the University's sustainability initiatives including green buildings, energy conservation, and waste management.
  • Assist the Assistant Vice President in working cooperatively with campuses and other areas of the University to design and accomplish needed process improvement changes.
Requirements:

Required Qualifications:

  • Undergraduate degree in a related discipline
  • Minimum of five years of related financial management and budget experience in a decentralized organization, including demonstrated experience with complex financial analysis
  • Strong quantitative, analytical and financial reporting skills
  • Ability to collaborate across decentralized leadership teams to collect and process information and to optimize alignment of priorities, resources, projects, programs, and operations with University goals.
  • Strong orientation to customer service approach to working with departments and groups
  • Independent thinker and proactive at engagement
  • Experience managing multiple direct reports
  • Strong reputation for integrity and confidentiality
  • Demonstrated ability to communicate and present clearly, both verbally and in writing, in an informed and persuasive manner, to multiple constituencies; including administrators, staff and faculty
Technology Skills Required
  • Knowledge of enterprise resource planning and accounting systems, preferably Oracle and PeopleSoft
  • Expertise in data extraction, analysis and report presentation
  • Above average experience with Excel
  • PowerPoint proficiency needed for frequent management presentation
Preferred Qualifications
  • MBA or related advanced degree
  • Experience with Capital planning, building and construction
  • Experience using technology to improve productivity
  • Higher education and private sector experience
  • Familiarity and experience with data driven problem solving and continuous quality improvements tools/methodology
Additional Information:

Starting salary for this position will be commensurate with candidate's experience. No relocation assistance available.

This position could be located in either Boston or Shrewsbury, Massachusetts.

Source: http://www.higheredjobs.com/details.cfm?JobCode=175697934

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