Business Loans That Offer You Financial Support in Realizing Your ...

These loans can also be taken to satisfy several types of business-related purposes like to expand the business, to purchase advanced technology tools, to renovate the office, to fund the permanent employees, to start a new branch, to pay off the debts and for advertisement purposes. Depending on you purpose, you can take any of the following business loans:

1. Start-Up Business Loan

2. Small Business Loans

3. Commercial business Loans

4. Equipment loans

5. Real estate loans

6. Agricultural loans

Like this, the banks and money lenders in UK are offering different types of loans for business. But, mainly all the loans are classified into two types. They are the secured and the unsecured business loans.

If you want to get a secured business loan, you have to submit any of your property documents as a security to your lender. These loans are also known as the loans against property. If you are unable to repay the loan amount that you have taken, then, your lender can take your property, which you have submitted as a security for your loan.

While, on the other hand, unsecured business loans do not require any security or collateral from you. Compared to the secured loans, here, you have to pay more interest rates and the loan amount is also less than the secured loans.

With the advent of Internet, now, you can apply for business loans online. This is the best source to attain loan with-in a very short time. Obtaining online business loans is so easy because you can apply for these loans just by sitting at your home or office. They help you to find the complete details of the present day loan market and allow you to compare different types of business deals at one place. No need to go around the loan market to select the best lender, who offer you loan at a low interest rate. To apply for Online business loans, you have to submit some details to the lender. These details include proof of ownership, security property documents (if you are applying for secured business loan), full business plan, you financial statements and your credit history reports.

As the competition among the loan lenders in UK is growing day by day, to increase their business, most of the lenders and banks have started offering cheap business loans. These loans can be availed at a very low interest rate and they offer several types of flexible repayment options to the borrowers. These loans, especially for the borrowers who are in great need of money to start a new business, come really helpful. To get these loans, you are required to submit some of your assets as a security for taking loan. Compared to the unsecured loans, the loan period of these loans is long and offers more loan amount than the unsecured loans.

Anyhow, if you select the right lender, you can run your business without any hassles and can extend it with in a short time. Otherwise, you have to take more and more loans to run your business. You can take the help of some reliable Internet websites that help you to take a right decision.

Amenda Dorothy is a business writer specializing in finance and has written authoritative articles on the finance industry. He has been efficient in providing useful information about bad credit loans. For more information about business loans please visit: http://www.ask4loan.co.uk/

Source: http://businessloans.affilliates.org/archives/340

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Messi in Kolkata

Kolkata, Aug 31

Thousands of delirious soccer lovers danced, cried and raised slogans eulogising him, as football magician Lionel Messi arrived in Kolkata early Wednesday amid stringent security for Friday's first ever FIFA official international friendly in the Indian sub-continent featuring Argentina and Venezuela.

However, the large number of people, who were waiting for hours at the Netaji Subhas Chandra Bose International Airport to welcome the Argentine superstar, were left heartbroken as the organisers packed him into a vehicle from the tarmac and drove him out of the airport through a sidegate.

"I can only say that Messi is in town," said Bhaswar Goswami, executive director of Celebrity Management, promoters of the match at the Salt Lake Stadium here.

Messi was accompanied by his Barcelona FC teammate Javier Mascherano. The duo reached the eastern Indian metropolis after playing the club's La Liga game with Villareal Monday. Messi scored twice in the second half as Barca cantered to a 5-0 victory.

Source: http://www.prokerala.com/news/articles/a243826.html

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Chinese general's spy talk leaked onto YouTube

BEIJING (AP) ? Footage of a Chinese general discussing sensitive spying cases has been leaked onto Google Inc.'s video sharing site YouTube, in what appears to be an embarrassing failure of secrecy for the usually tightlipped military.

It wasn't clear when or where Maj. Gen. Jin Yinan made the comments and China's Defense Ministry did not immediately respond Monday to faxed questions about the video. Calls to the National Defense University where Jin is a lecturer rang unanswered.

While some of the cases had been announced before, few details had been released, while others involving the military had been entirely secret.

Among those Jin discussed was that of former Ambassador to South Korea Li Bin, who was sentenced to seven years for corruption. Jin said Li had actually been discovered passing secrets to South Korea that compromised China's position in North Korean nuclear disarmament talks, but the allegations were too embarrassing to make public and graft charges were brought instead.

"In all the world, what nation's ambassador serves as another country's spy?" Jin said.

Similar treatment was handed out to the former head of China's nuclear power program, Kang Rixin, who was sentenced to life in prison last November on charges of corruption. Jin said Kang had in fact peddled secrets about China's civilian nuclear program to a foreign nation that he did not identify, but that was considered too sensitive to bring up in court.

Kang, a member of the ruling Communist Party's powerful Central Committee as well as its disciplinary arm, was one of the highest-ranking officials ever to be involved in spying, Jin said. His arrest dealt a major shock to the party leadership, Jin said.

"The party center was extremely nervous. They ordered top-to-bottom inspections and spared no individual," he said.

Jin also talked about Tong Daning, an official from China's social security fund, who was executed in 2006 after being convicted on charges of spying for rival Taiwan. Jin said Tong had passed information to the island's leaders about China's currency regime, allowing them to avoid massive losses due to exchange rate changes.

Among the cases involving military personnel, Jin said that of Col. Xu Junping, who defected to the United States in 2000, did not involve the loss of any technical secrets.

Instead, Xu relayed to the Americans his knowledge of the military leaderships' personalities, attitudes and habits gleaned from many years accompanying the top brass on trips abroad, Jin said.

The video was also posted on Chinese websites, and while it was removed from most locations, screen shots, audio files and transcripts of Jin's comments could still be found on sites such as Sina Weibo's popular microblogging service.

Jin's presentation, complete with explanatory slides, was typical of how such cases are discussed at private sessions as a warning to Communist Party cadres not to be lured into espionage or corruption. The leaked video appeared to have been from an official recording rather than filmed by a member of the audience.

Authorities heavily police the Chinese Internet but can only remove objectionable content after it is posted and have no control over what appears elsewhere.

While Chinese are enthusiastic users of social media, YouTube and Facebook are blocked inside China and their Chinese equivalents are required to inspect all content and remove politically sensitive material before being ordered to do so.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2011-08-29-AS-China-Secrets-Leaked/id-b41f4193bb5f4d69be3918184556b581

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Doctors join boxing debate as "vigorous" opponents (Reuters)

NEW YORK (Reuters Health) ? The nation's largest group of pediatricians on Monday urged its members to "vigorously oppose boxing for any child or adolescent."

In a statement, the American Academy of Pediatrics (AAP) said thousands of boys and girls participate in the sport in North America, despite risks of serious brain and facial injuries. The group's position mirrors the stance at many other medical organizations and was applauded by some experts.

"There is very little one can reasonably do in order to increase the chance of having a healthy brain when you get old," said Dr. Hans Forstl at the Technische Universitat Munchen in Munich, who has studied boxing injuries.

"One of the best things you can do is avoid boxing," he told Reuters Health.

The new move met with fierce resistance from the boxing community. Pat Russo, a retired police officer who runs a boxing gym in Brooklyn, New York, said the sport has helped thousands of kids in poor neighborhoods find direction in life.

"Boxing has been a kind of penicillin for these kids, it has been saving these kids," he told Reuters Health. "It teaches them discipline and a work ethic that if you do something and you practice every day, you are going to get better at it."

According to the new statement, published in the journal Pediatrics, data from Canada show a rise in boxing injuries over the past decade. From 1999 to 2007, the injury rate jumped from 11 to 16 per 100,000 kids, with most of the damage done during sparring or competitions.

One study cited in the statement estimated that for every 1,000 hours of amateur boxing, there would be one injury -- which is lower than the rates in football, wrestling and soccer.

Concussions are the biggest concern, ranging from six to 52 percent of all injuries, depending on which study you look at.

"Boxing is one of the very few sports which really aim at hurting the opponent and for a short period of time achieving loss of consciousness," said Forstl. "A knockout is basically a cerebral concussion."

Immediately after a bout, he added, boxers have increased production of beta amyloid, a compound found in excess in the brains of people with Alzheimer's disease.

"The typical brain of a boxer with a long career shows severe changes," Forstl said.

As many as one in five professional boxers may end up with so-called chronic traumatic encephalopathy, a brain injury also known as dementia pugilistica, according to the AAP. However, the group acknowledges in its statement that that statistic is based on older data, and that boxing has become safer since.

Russo, who directs the Atlas NYC Cops & Kids Boxing Club, said injuries are rare in amateur boxing. After 26 years and training thousands of kids, he's seen just one split lip among his students.

"If the gym is run properly, injuries are at an absolute minimum," Russo said. "Football is ten times more dangerous."

Recently, one of his students made it onto the U.S. Olympic team, but he said he's just as proud of another kid who went on to become a cop.

While tennis or football might also help kids gain confidence, Russo said, boxing holds a special attraction for youngsters in poor neighborhoods, because it allows them to act tough while staying out of trouble.

The AAP did not respond to requests for comment.

Dr. Robert Cantu, a neurosurgeon at Emerson Hospital in Concord, Massachusetts, said AAP's stance makes sense for upper- and middle-class kids.

"Clearly boxing is safer today than it was 20 or 30 years ago, but it is still a very risky activity," he told Reuters Health.

For kids in poor areas, however, the situation is different, said Cantu, who has written a book about boxing and medicine.

"The most dangerous thing for the majority of people in boxing is just where they live," he explained. "They are far safer in the ring, even taking blows to the head, than they are out in the neighborhood."

SOURCE: http://bit.ly/cxXOG Pediatrics, August 29, 2011.

Source: http://us.rd.yahoo.com/dailynews/rss/parenting/*http%3A//news.yahoo.com/s/nm/20110829/hl_nm/us_boxing_pediatrics

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Insurers drive stocks higher; Dow gains 254

Specialist Jason Hardzewicz works at his post on the floor of the New York Stock Exchange Monday, Aug. 29, 2011. (AP Photo/Richard Drew)

Specialist Jason Hardzewicz works at his post on the floor of the New York Stock Exchange Monday, Aug. 29, 2011. (AP Photo/Richard Drew)

Trader Gordon Charlop, right, works on the floor of the New York Stock Exchange Monday, Aug. 29, 2011. (AP Photo/Richard Drew)

Trader Fred Demarco, right, works on the floor of the New York Stock Exchange Monday, Aug. 29, 2011. (AP Photo/Richard Drew)

NEW YORK (AP) ? So much for Irene.

Stocks rose broadly Monday, led by insurance companies, after it became clear that the tropical storm caused far less damage than many had feared. An increase in U.S. consumer spending also helped, as did as did a rare piece of good news from Greece: a merger of two major banks.

The Dow Jones industrial average jumped 254 points.

Trading volume, or the number of shares bought and sold, was the lowest since July 26 as many traders struggled to get to work in Lower Manhattan or were on vacation.

Insurance stocks rose sharply as analysts lowered their estimates of how much damage the storm would cause. Allstate Corp. rose 8.5 percent, Hartford Financial Services Group Inc. rose 13 percent, and Travelers Cos. Inc. rose 5.1 percent. Insurance and banking stocks in the Standard & Poor's 500 rose 4.2 percent, the most of the 10 company groups that make up the index.

Kinetic Analysis Corp., a consulting firm, sharply lowered its estimate of storm damage from $20 billion late Thursday to $7 billion late Sunday as the storm weakened. Of that amount, insurers would probably have to cover up to $3 billion, Kinetic said. That's less than the $6 billion the industry paid after Hurricane Isabel struck the region in 2003.

"The U.S. came more or less unscathed through the hurricane," said Kim Caughey Forrest, equity research analyst at Fort Pitt Capital Group. "The cleanup isn't going to cost as much as anticipated."

Utilities companies also rose after it became clear their storm-related expenses would be lower than earlier estimates. Duke Energy Corp., which serves customers in the Carolinas, rose 1.1 percent. New York's biggest utility company, Consolidated Edison Inc., rose 1.3 percent.

The New York Stock Exchange and other major U.S. exchanges opened as usual Monday after making extensive preparations over the weekend. At the NYSE, executives brought in dozens of cots so employees could sleep there to be ready for the opening bell.

The Dow Jones industrial average rose 254.71 points, or 2.3 percent, to close at 11,539.25. It is now down just 0.3 percent for the year. It had been down as much as 7.4 percent for the year on Aug. 10.

The Standard & Poor's 500 index rose 33.28 points, or 2.8 percent, to 1,210.08. The widely used market benchmark is now up 8.1 percent since on Aug. 8, when it hit low for the year because of a downgrade of the U.S. government's credit rating.

The technology-focused Nasdaq composite index rose 82.26, or 3.3 percent, to 2,562.11.

The Russell 2000 index, a benchmark for small companies, rose 32.86 points, or 4.7 percent, to 724.65. The stair-step pattern of gains, from 2.3 percent in the Dow to 4.7 percent in the Russell, suggested investors were more willing to take on risk. Small company stocks are more likely to fall in economic downturns, but they also offer the potential of larger gains if the economy does well. The Russell is still down 7.5 percent this year, nearly twice as much as the S&P 500.

Bank of America Corp. rose 8.1 percent, the most of the 30 stocks that make up the Dow average, after the bank said it would sell half of its stake in China Construction Bank Corp. The bank has been selling assets to raise cash to comply with new banking regulations.

Last week, billionaire Warren Buffett's company, Berkshire Hathaway Inc., said it would invest $5 billion in BofA, giving the troubled company a badly needed boost. The nation's largest bank has lost 34 percent of its value over the past year as investors worry that its liabilities from soured mortgages will get worse and that it will have to sell large amounts of stock to raise capital.

An increase in consumer spending also helped push stocks higher. The government reported that spending rose 0.8 percent in July. It was a sharp turnaround from June, when Americans cut spending 0.1 percent, the first decline in 20 months.

Volume was low as transit disruptions made it difficult for Wall Street employees to get to work. Flooding and downed trees obstructed tracks throughout the commuter rail systems that bring workers in from the Connecticut, New York and New Jersey suburbs.

About 3.6 billion shares traded hands on the New York Stock Exchange, the lowest since July 26. The average this year is 4.4 billion shares.

Many traders are on vacation the last week before the Labor Day holiday.

European stocks jumped after two Greek banks said they would combine to better weather that country's debt crisis. Greece's Athex Composite index jumped 14.4 percent after the country's second- and third-largest lenders agreed to combine, creating the country's largest bank. Greece's government and central bank have been urging banks to merge, saying it would help them survive.

Stocks worldwide plunged in late July and early August, partly because of worries about Europe's escalating debt problems. Greece has narrowly avoided bankruptcy twice thanks to emergency loans from the International Monetary Fund and other European countries.

___

Associated Press writer Verena Dobnik in New York contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-08-29-Wall%20Street/id-d40397cdb5c54e5e94eec0183e50b91b

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