Major Developments Major Developments by Calendar Year

December 13, 2011

Statistics of Spanish Speaking Population in U.S

Filed under: Society & Politics — Tags: — Winson @ 5:24 AM

The latest US census bureau released in March, 2011 has stated that the Spanish speaking population in US has grown beyond 50 million. Besides English, Spanish is the next most widely taught and adapted foreign language. Most of the parts of Latin America and Mexico have largest Spanish speaking population. After Spain, it is Mexico which has the largest Spanish speaking population. The Census also forecast that the Hispanics population may make up to the one third of the U.S population.

It is found that the population rise is mainly due to the growth in the number of child births, rather than immigration. Till 2010, the Hispanics population under the age 18 has grown to 23% form 17% in 2000. In 2000, 81% of the Spanish speaking population is spread over 9 states – California, New Jersey, New York, Texas, Arizona, New Mexico, Colorado, New Mexico, Illinois and Florida. But now it is reduced to 75% which indicates the wide spread of the Spanish population, particularly in the South East.

In the cities like Kentucky, South and North Carolina, Alabama, Arkansas, Mississippi, etc., the Spanish population has almost doubled. With Hispanic population of 46.3%, New Mexico has the largest percentage of Spanish speakers in US. It is followed by Texas and California with 37.6%.

The regions in which the Hispanic population remained steady were Massachusetts, Illinois, New York, New Jersey, Rhode Island and Louisiana.

On the whole, the total population growth in the US since 2000 was 27.3 percent and Hispanics contributed for more than half of that percentage.

December 9, 2011

Facility Management Cuts Costs and Improves Productivity

Filed under: Business — Tags: — Winson @ 8:35 AM

Facility management is a special field which offers multiple services to cater the needs of various clients. They have the highly experienced management team which works hard for providing best services in order to stay potentially competitive in their respective field. They take up more challenges and tasks which show greater impact on the productivity and cost. Any company can get the required benefits by outsourcing the services which they find tough and can get expected results when given to a reputed facility management company.

Facility managers improve the efficiency of the facility by implementing effective measures with their expertise. They have tie ups with different businesses and hence can get the best deals for various products and equipment used for the construction of new buildings and in the renovation of existing interiors. They also provide relocation facilities which take up the tasks from searching the new facility to shifting all the things to that facility with perfect calculation and planning.

One can reduce the amount of pressure and stress by outsourcing certain things to the facility management experts in which they are professionals. Several studies have shown that outsourcing facility management services saves the management 18% of the costs than by doing it by themselves. One of the best saving methods one can find is, the outsourcing of maintenance works followed by payroll outsourcing and IT support outsourcing.

Along with the assurance of quality services facility management experts are also helpful in reducing the risks of the liability with regards to the areas of operation that are being serviced by reducing the risks of the company which it might face in the future. Since the experts in the facility management team are specially trained you can expect quality service which further increases the productivity of the company.

December 3, 2011

Things to be Considered Before Signing a Mineral Right Lease

Filed under: Business — Tags: — Winson @ 10:25 AM

Instead of buying mineral rights the oil and gas companies often extract minerals by leasing the mineral rights of the surface. This lease of mineral rights, provides the company the right to extract minerals for the mentioned period of time. Even though the deals are so clear the owner of the surface needs to consider few things before signing the contract and they are listed below.

  • It is often important to take enough time to decide whether to go for the deal or to wait for some thing which can be better and beneficial than the present deal. As the oil and gas companies have enough time for their projects they never leave the deals and will wait till you come back.
  • The moment you get a deal from a mineral company, it is a sign for you that a couple of companies are awaiting to send you the mail. So, do not be quick in decisions, let all the companies come and compare the quotes made by them. So that you can opt for one which is more beneficial than the rest.
  • If any company wants to approach you, they will send a person to talk to you regarding the deal and the other things. Try to know about the person, and try to find whether he is directly from the company or an agent recruited by the company for such operations, or a speculator, who wants to buy the rights from you and tries to sell them to the companies for more profit.
  • Next thing is hiring the attorney. It is not a wise idea to hire an attorney as soon as you get a deal since he starts billing you right from that moment. So, once you get all the deals and when you choose the best among them, then hire that person before signing the agreement or for some documentation.
  • During the paper work make sure that every thing which was spelled is on paper and also take help of the attorney to understand the agreement made by the company so that there will be no other issues after the work starts.

These are the few things which helps you to take a wise decision regarding the leasing of mineral rights.

December 1, 2009

Top Executives of Enron found Guilty

Filed under: Business — Tags: — Winson @ 5:45 AM

On 5th May, 2006, Former Enron Chief Executive Jeffrey Skilling and founder Kenneth Lay were both found blamed (guilty) for conspiracy and fraud of all corporate fraud cases. Skilling was found guilty on 19 counts of conspiracy, fraud, false statements, and insider trading. Lay was found guilty on all six counts of conspiracy and fraud. In a separate bench trial, Lay was guilty of four counts of fraud and false statements. Legal experts said that both Lay and Skilling could face 20 to 30 years in prison. Moreover, Lay would face an additional large term in prison for his conviction in the bank fraud case. Houston-based “Enron”, was once one of the hottest companies on Wall Street, collapsed in a matter of months after Skilling suddenly resigned as CEO in August 2001. Lay, who was Chairman at the time, postponed his retirement plans to return to the leadership. Enron’s collapse illustrated the first of the high-profile corporate scandals that rocked the nation, followed by WorldCom, Global Crossing, Adelphia, and Tyco. The wave of fraud led to legalization of the Sarbanes-Oxley law that tightened supervision of how American companies are audited. After a government investigation that took 4-1/2 years, prosecutors presented evidence that Lay and Skilling managed a conspiracy to artificially increase profits, hide millions in losses, and misrepresent the true nature of the company’s finances.

Nuclear Test Conducted by North Korea

Filed under: Society & Politics — Tags: — Winson @ 5:44 AM

October 9, 2006, North Korea conducted Nuclear Test. It is first nation to conduct Nuclear test after announcing its intention on October 3rd (6 days before). The estimated discharge of the test was less than one kiloton. Since October 2002, there were conflicts between Unites States and North Korea. Assistant Secretary of State James Kelly informed North Korean officials that the United States was aware that North Korea had a program underway to enrich uranium for use in nuclear weapons. Initially North Korea denied this, but later confirmed the veracity of the US claim. Kim Jong Il had created the excitement as best as he can for threatening missile launch when the country tested a nuclear weapon in 2006. After the test, negative economic effects were observed throughout the neighborhood of North Korea. North Korean officials claimed that it had recycled spent fuel rods and threatened to begin exporting nuclear materials unless the United States agreed one-on-one talks with North Korea. Another feature is that North Korea want to change the policy dealings between the US and China due to the fact that the US is unwilling to deal directly with North Korea and this in turn spoiled relations between China and North Korea. China and the United States showed disapproval around the world, after North Korea conducted its first nuclear test, criticizing the move as annoying and, in some capitals, there was a demand of a tough U.N. Response. Japanese Prime Minister Shinzo Abe, called the move unpardonable.

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