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Contents contributed and discussions participated by Fajar Hakim

Fajar Hakim

20 Political Scams That Shamed India - 2 views

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    The probe revealed that during Bansal's term as finance minister in 2007, borrowings of Theon, a company owned by his wife and sons, from Canara Bank had gone up to Rs23 crore from Rs7 crore. As Congress higher-ups started feeling the heat of the scam, party president Sonia Gandhi said that "the party would not "spare anybody mired in corruption". Following Gandhi's statement, Bansal was forced to step down on May 10, 2013. His nephew Singla and Mahesh Kumar were arrested after the investigating agency traced them with the help of telephonic conversations between the two. 2011 Tatra truck scam: RELATED SITES: http://crowncapitalmngt.com/ http://blog.crowncapitalmngt.com/category/press-releases/
Fajar Hakim

FAQ - Crown Alliance Capital - 1 views

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    http://crownalliancecapital.com/faq/ Frequently asked questions and answers regarding Life Settlements and investing with Crown Alliance Capital. What are some of the reasons a person sells their policy? Most people acquire life insurance early in their careers as a means of protecting their income and family in the event of an unexpected event.
Fajar Hakim

Life Settlement - Crown Alliance Capital - 1 views

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    Life Settlements became more sophisticated as actuarial techniques and advanced financial analysis were implemented during the underwriting process. The senior population has redefined the life insurance settlement industry, expanding the industry into a multi-billion dollar market. The industry today is almost entirely comprised of a few mainstream capital sources that have revolutionized the speed and scale of the secondary insurance market. The industry has also become more specialized with seniors working with financial advisors, brokers and a number of ancillary and service providers. Life Settlements are potentially very profitable because the purchaser acquires a policy at a discount from the face value, which is based on the insured person's life expectancy and the purchaser's desired return on capital. The potential rates of return can be in excess of 12-15% SOURCE LINK: http://crownalliancecapital.com/life-settlement/
Fajar Hakim

Analysts Laud China-U.S. Commitment To Build Relations - 2 views

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    http://the-crown-management.blogspot.com/ BEIJING, June 9 (Xinhua) -- Chinese analysts on Sunday hailed the latest China-U.S. commitment to build a new type of relationship between big powers that features engagement and cooperation over conflict and confrontation. At a seminar on China-U.S. relations on Sunday, head of the Institute of International Studies Qu Xing said, "The debut summit between the two presidents set the tone for China-U.S. relations over the next four to ten years." The summit refers to the two days of talks between Chinese President Xi Jinping and U.S. President Barack Obama in California, during which both presidents increased mutual trust, reached consensus on an array of issues and mapped out a blueprint for China-U.S. ties. The summit, including two talks, one walk and one dinner, is the first face-to-face meeting between the presidents of China and the United States since the two countries completed their latest leadership transitions. During the summit, Xi summarized the concept of a new type of relations between the two nations in three phrases -- "no conflict and no confrontation," "mutual respect" and "cooperation toward win-win results." In an effort to promote mutual understanding and trust, Xi and Obama agreed to boost dialogue and communication at all levels. Xi invited Obama to visit China. The Chinese defense and foreign ministers will visit the United States in the future. The China-U.S. Strategic and Economic Dialogue is scheduled to be held in July in Washington. "The summit, which is historic and strategic, reached its goal and charted the path for bilateral relations," said Jin Canrong, deputy head of International Studies College of China's Renmin University. "Specifically speaking, both sides agreed to avoid conflicts, step up engagement and deepen cooperation." In contrast to the old type of relations which feature conflicts between established countries and rising powers, the new model of relations between big p
Fajar Hakim

Green Technology and Environmental Science News: Hole in the Sun - 1 views

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    Coronal holes are areas where the Sun's corona is darker, and colder, and has lower-density plasma than average. In this case it looks like a giant hole in the middle of the sun. These were first found when X-ray telescopes in the Skylab mission were flown above the Earth's atmosphere to reveal the structure of the corona. An extensive coronal hole rotated towards Earth recently (May 28-31, 2013). The massive coronal area is one of the largest seen in a year or more. Coronal holes are the source of strong solar wind gusts that carry solar particles out to our magnetosphere and beyond. Solar wind streams take 2-3 days to travel from the Sun to Earth, and the coronal holes in which they originate are more likely to affect Earth after they have rotated more than halfway around the visible hemisphere of the Sun, which is the case here. Watching the solar corona is like observing the patterns of clouds in the sky. They can form all sorts of shapes. In June 2012, for example, there was a big bird image. Snapped through three of NASA Solar Dynamics Observatory extreme ultraviolet filters, this current coronal hole is caused by a low density region of hot plasma. The Sun's corona, or extended outer layer, is a region of plasma that is heated to over a million degrees Celsius. As a result of thermal collisions, the particles within the inner corona have a range and distribution of speeds described by a Maxwellian distribution. The mean velocity of these particles is about 145 km/s, which is well below the solar escape velocity of 618 km/s. However, a few of the particles achieve energies sufficient to reach the terminal velocity of 400 km/s, which allows them to feed the solar wind. At the same temperature, electrons, due to their much smaller mass, reach escape velocity and build up an electric field that further accelerates ions - charged atoms - away from the Sun. The corona is one of the sources of the solar wind. Solar maximum or solar max is a normal period of
Fajar Hakim

Freeport To Restart Indonesia Open-Pit Mining Soon: Minister - 1 views

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    Crown Capital Management International Relations Deputy Energy and Mineral Resources Minister Susilo Siswo Utomo also said a government probe into the tunnel collapse should end in one or two months. Arizona-based Freeport suspended operations at the world's No. 2 copper mine on May 15, a day after the training tunnel, away from its main operations, fell in on 38 workers. Several investigations are being conducted into the accident at the Grasberg mine complex, including one by the Energy and Mineral Resources Ministry and one by Freeport Indonesia using international experts. Susilo told reporters on Monday the open-pit production would restart in the immediate future and there was no reason for it not to resume as the investigation was not being done in the production area. The Grasberg mine normally produces around 220,000 tonnes of concentrated ore a day, with around 140,000 tonnes coming from open-pit mining and 80,000 tonnes from underground operations. Some industry analysts say the mine could face a prolonged closure and further strain relations between Freeport and trade unions after a three-month strike there in late 2011. Freeport Indonesia could not be contacted by telephone on Monday. On Saturday, as many workers carried out maintenance work, a Freeport spokeswoman said any restarting of operations would depend on the outcome of underground safety inspections being carried out by the energy and mineral resources ministry. A union official at Freeport Indonesia reiterated that all investigations into the cause of the collapse must be completed before mining resumes at the Grasberg complex, which also holds the world's largest gold reserves. "The union welcomes the management's decision to resume maintenance activities in Grasberg open-pit mining, but not for production activities," Papua-based union leader Virgo Solossa told Reuters on Monday. Late last week, Freeport Chief
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