Major Key Trends In Pet Food Processing Market

The Pet Food Processing Market is projected to grow from USD 4.4 billion in 2019 to USD 6.2 billion by 2026, recording a CAGR of 5.0% during the forecast period. The major factors driving the growth of the pet food processing market include the increasing trend of pet food product premiumization, rising pet adoption, and acceptance of pets across regions.

Market Dynamics

Drivers

  • Growth of Premiumization Across the Pet Food Category
  • Rising Acceptance of Pets
  • Rising Awareness Among Pet Owners to Use Healthy Food With Proactive Ingredients
  • Growing Investments By Pet Food Processing Equipment Companies
  • Growing Demand for Extruded Products

Restraints

  • Depreciating Processing Capability of Equipment Used for Pet Food Processing

Opportunities

  • New Technologies Being Used in the Pet Food Processing Industry
  • Reintroducing the Concept of Convenience Food Through Supermarkets and Hypermarkets Will Help Boost the Pet Food

The wet segment is projected to be the fastest-growing segment in the pet food processing market during the forecast period.

The increasing demand for wet pet food products is mainly due to its high nutritional content and the presence of animal-based proteins, which is essential for the development of pets. Though it is less economical, the increasing trend of pet humanization and product premiumization has encouraged increasing demand for premium and high-quality pet food products among pet owners. These factors are projected to drive the growth of the wet segment in the pet food processing market.

The dog food segment is projected to account for a major share in the pet food processing market during the forecast period.

The dog food segment is projected to account for the largest share in the global pet food market. The increasing population of dogs and the rising trend of pet humanization have encouraged dog owners to accept them as companions, which is projected to drive the demand for premium dog food. These factors are projected to drive the growth of the overall pet food processing equipment market. Dogs have the largest population among other pets globally. Pet owners are witnessing an increasing trend of purchasing premium-priced and nutrition-rich pet food products and prefer opting for high-quality food for their pets. Due to these factors, the dog food segment is projected to account for the largest market share.

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The Asia Pacific region is projected to be the fastest-growing market for pet food processing during the forecast period.

The Asia Pacific region is projected to be the fastest-growing market for pet food processing during the forecast period. The region witnesses a high demand for pet food products due to the increasing acceptance of pets. The rising concerns among pet owners regarding the health of pets have led to an increase in demand for high-quality pet food products that require specialized machinery. These factors are projected to create growth opportunities for equipment manufacturers in countries such as India, China, Japan, and Thailand.

Iraqi based war video game pulled by publisher

Wednesday, April 29, 2009

The game publisher Konami stated today in a Japanese newspaper that they will not be releasing the game Six Days in Fallujah. The game is based on the Second Battle of Fallujah, a vicious battle between American and Iraqi forces.

“After seeing the reaction to the video game in the United States and hearing opinions sent through phone calls and e-mail, we decided several days ago not to sell it,” Tokyo based Konami told the newspaper. “We had intended to convey the reality of the battles to players so that they could feel what it was like to be there.”

The developer of the game, Atomic Games, received controversial feedback from families of dead soldiers stating the game’s concept as “exploitative and distasteful”, as paraphrased by the The Wall Street Journal.

That paper also quoted a woman whose son had died in the Iraq war, who said “These people who aren’t affected by the war get to sit on their couch and play this ‘fun’ game.”

Video game developer Atomic Games has not yet stated a reaction to Konami’s announcement.

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Peter Andren, Australian MP dies aged 61

Sunday, November 4, 2007

Australian federal member of Calare, Peter Andren died on Saturday after a short battle with pancreatic cancer. He was aged 61.

Mr Andren who had held the seat since being elected in 1996 had previously announced his intention to run for the senate after his electorate was changed for the 2007 federal election. After Mr Andren was diagnosed with cancer in July, he announced that he would be retiring from politics at the election.

Mr Andren’s 1996 campaign platform was based upon retaining services in regional Australia, particularly banking, health and telecommunications. Over the next 11 years, Mr Andren’s primary vote grew and at the 2001 and 2004 elections was elected without preferences, achieving a majority primary vote.

In 2001, Mr Andren disagreed with his electorate on refugees. The electorate supported the government’s tough stance but Mr Andren could not support the government’s border protection measures. Following this, a vicious letter-box campaign rose up saying “you might like Peter Andren … but you won’t like what he’s got to say about keeping our borders safe”.

Fellow NSW independent member, Tony Windsor said Mr Andren’s stance on asylum seekers was just one sign of his compassion and strong belief in human rights.

Mr Windsor described Mr Andren as the “conscience” of parliament. “Peter Andren was a true representative of the people of the Calare electorate, a man of the highest integrity and the conscience of the Parliament,” he said.

“He was subjected to vitriol from time to time within the Parliament over issues, but if he believed in something he stuck to it. He didn’t compromise and I think that’s a lasting legacy that Peter will leave.”

Prime Minister John Howard said despite having a difference of opinion with Mr Andren on many issues, he had a lot of respect for him.

“I respected his skills as a local member,” he said.

“Mr Andren and I frequently disagreed on major issues and he made no bones about that and I made no bones about it either but that didn’t stop me respecting him and acknowledging the tremendous work he did for his electorate.”

Labor leader Kevin Rudd described Mr Andren as a true independent.

“Peter Andren will be a great loss to the Australian parliament,” he said.

“He was a man of principle, a man of commitment, a man who was an absolute independent.”

Leader of the Greens, Bob Brown said Mr Andren was an example of how a politician should be.

“He was an exemplar of representative politics for his electorate and the people of Calare kept returning him with a bigger and bigger majority,” he said.

“[If] anybody ever asks me how a politician should be, I am going to say, ‘Look at the record of Peter Andren'”

“He was a great Australian representative and he is a great loss to this country.”

During his political career, Mr Andren fought the sale of Telstra, introduced a bill to allow MPs to opt-out of their generous superannuation schemes, opposed the Iraq war and campaigned on environmental issues.

Mr Andren was born at Gulargambone, near Dubbo in Western NSW in 1946. Before he entered politics Mr Andren worked as a teacher before moving into journalism. Mr Andren worked as a news producer in Sydney for the Seven and Nine networks, before moving back to regional NSW where he worked as the news editor for both Radio 2GZ and Prime Television.

Mr Andren is survived by his partner and two sons.

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Buying And Selling Valuable Metal Could It Be More Profitable Than Forex Trading?

You may have heard about online trading of precious metals such as gold and silver. These two precious metals in particular gold plays major role in the financial market. In addition, they have many uses in various industries. One outstanding feature of these metals is that they are characterised by substantial speculative price gyrations in the financial market.

Due to their speculative gyrations roles in price, gold and silver are currently being traded online to make some gain. Just like the online currency trading, this is done without owning the physical gold or silver. This is greatly advantageous allowing many people to participate in the online gold or silver trade. Most investors understand that both gold and silver offers sound level of protection against fluctuation in the currency during hard economic times such as depression.

Merits of trading precious metals

1. Protection Against Depreciation

Both gold and silver offers substantial level of protection during economic depression. For instance, gold is a strong storage of purchase power. This is what helps it provide protection against depreciation. It is not directly linked to any kind of major world currency as used to be long ago. Both gold and silver are highly liquid and are widely accepted anywhere in the world. In particular, gold do perform well during the time when the central bank has used certain monetary policies to weaken its currency. In this case, the amount of currency in circulation will increase as expected but the amount of gold will remain relatively constant across the world.

2. No Liability

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Precious metals such as gold and silver are not in any way a liability to an individual, bank, business entity or government. Companies can become bankrupt while the government can default on its debts. On the contrary, these two precious metals are not affected the same way. Your portfolio will remain its worth if you invest in gold or silver. It is possible for any other types of asset to loss its value to zero but this cannot happen with these precious metals.

3. International Liquidity

The precious metal such as gold and silver offers the best liquidity value internationally. It will be easy for you to sell gold or silver to any part of the world because of its high liquidity. This is because there will be someone willing to buy your precious metal irrespective of your location. Most people are willing to buy precious metal because they don’t depreciate in value.

Disadvantage Of Trading Precious Metals

1. Low Rate Of Return

As compared to currency trading, both gold and silver has low rate of return. This is because their prices do not change marginally over a short time period like in the case of currencies. Therefore you need to trade for quite a longer time to make a significant amount of return.

2. Appreciation Cycles

The only time when both gold and silver appreciate to highest value is during the time when the paper currency has depreciated in value.

3. Price Corrections

Just like any other traded commodities, both gold and silver are subjected to price correction. The disadvantage is that if you don’t hold these precious metals for long, the price correction can work against you.

Conclusion

Gold and silver are the two precious metals that play very important roles in the financial market. The current development in the industry allows people to trade these metals without physically owning them. These precious metals have proved to be very profitable when traded online for the past few decades. Trading gold or silver online is similar to Forex trading. Mostly this trading is offered by Forex brokers. You can trade either gold or silver and makes loads of profits just like it happens with Forex trading.

Article Source: sooperarticles.com/finance-articles/investing-articles/buying-selling-valuable-metal-could-more-profitable-than-forex-trading-696053.html

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Unlike the currency forex market, silver and gold prices shift quite slowly, thus it make it easier to implement automated trading system and succeed. Check out the details of an EA created for that on Forex Gold and Silver EA review. Furthermore check out an excellent broker that allows you to use EA and trade both silver and gold at ForexYard broker.Author: Owen El Moore

Community forum held after attacks on Mormon teens in Arizona

Wednesday, May 14, 2008

A community forum was held Monday in Mesa, Arizona, to discuss a recent attack on two Mormon teenagers which took place May 2 at a park in Gilbert. Local representatives from the NAACP and the Phoenix Anti-Defamation League attended the meeting, where local police met with area residents and concerned citizens to discuss the incident. Approximately 60 residents of Mesa attended the forum, which was hosted by the Mesa Police Department and held at the Mesa Public Safety Training Facility.

Local police investigated the attack, and arrested two teenagers. According to the police the two suspects ages 15 and 16 have carved swastikas into their skin on the inside of their wrists, and allegedly beat the Mormon teenagers and attacked them using pellet guns. According to a police report, one of the teens sustained golf-ball-size swelling and cuts to his face. One of the victims of the attack was transported to the hospital. Police said that the suspects made anti-Mormon statements during the attack.

Terrea Arnwine, vice president of the East Valley NAACP, discussed the history of hate crimes and related the origins of his organization. “I immediately spoke up when I heard about the incident with LDS,” said Mesa police Chief George Gascón. LDS refers to The Church of Jesus Christ of Latter-day Saints, also called the Mormon Church or LDS Church.

This is America; this isn’t supposed to happen here. This is the legacy we have been left with — unfortunately it is oftentimes not true.

“This is America; this isn’t supposed to happen here. This is the legacy we have been left with — unfortunately it is oftentimes not true,” said Anti-Defamation League representative Bill Strauss. According to the Arizona Department of Public Safety, 254 incidents were reported in 2003 involving hate crimes, though Strauss said that the actual number of incidents could be higher due to underreporting.

The Gilbert Human Relations Commission also discussed the incident in a meeting Wednesday. “It’s an abysmal, and abominable occurrence, and yet it’s extremely rare, and I think that speaks volumes of our community,” said Patricia Krueger of the Human Relations Commission.

Detective Terry Burchett of the Gilbert Police Department conducted interviews with 20 to 30 individuals as part of the investigation into the attack. According to police, a conflict arose between two groups of teenagers at a park in Gilbert, and some teenagers were asked by others if any in their group were Mormon. The victims later told police that they were attacked because they are Mormon.

According to The Arizona Republic, police are not yet certain that the attack should be considered a hate crime. Both teenagers have been charged with underage drinking, disorderly conduct and aggravated assault, and were booked into the Maricopa County Juvenile Detention Facility. According to KNXV-TV one of the suspects is a football player at Mesquite High School in Gilbert.

I broke down, I just, I couldn’t believe the way he looked.

The parents of the victims spoke with KNXV-TV reporter Christina Boomer. The victims are ages 15 and 17. The parents of one of the victims said that their son’s face was pushed into the gravel and that he sustained a fractured collarbone, and the father of the other victim said his son has a broken nose and fractured cheekbone from the attack, in addition to facial lacerations.

One of the teens’ mothers stated: “I broke down, I just, I couldn’t believe the way he looked.” “No parents should see their kids in that kind of situation … I don’t believe that anybody should be persecuted for their beliefs or their faith,” said the father of the same teenager.

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Wikinews interviews Stephen Murphy about the upcoming by-election in the Higgins electorate of the Australian parliament

Tuesday, December 1, 2009

With two by-elections coming up in Australia, many minor parties and independents will be looking to gain a seat in the House of Representatives. Stephen Murphy is one of the independents.

Mr Murphy is a computer programmer from the Melbourne suburb of Brunswick.

“After growing up in South-East Melbourne I studied Science at Monash with first class Honours, worked in Europe for 10 years and have recently returned to Australia. I work in finance as a computer programmer and speak five languages,” Mr Murphy said.

Wikinews reporter Patrick Gillett held an exclusive email interview with Mr Murphy, candidate for the Division of Higgins.

((WN)) Why do you want to get into parliament?

Stephen Murphy: I am standing up for what I believe is the correct course of action on the biggest issue in Australian politics in 100 years – Kevin Rudd’s flawed emissions trading scheme (ETS).

((WN)) What would the three main policies you are taking into this by-election be?

SM: I will oppose the emissions trading scheme, ensure that all government policy is based on accurate scientific evidence and return common sense to Canberra

((WN)) How would you address these policies?

SM: By asking for a Royal Commission into climate change so that the facts (such as that global warming stopped in 2001 and the emissions trading scheme will not change the climate one bit) are openly presented to the Australian people.

((WN)) Sending asylum seekers to Indonesia: good or bad?

SM: Any government policy that does not properly consider all implications (be it emissions trading, or any other issue) is a bad one.

((WN)) Is the Australian dollar’s near parity with the US dollar a sign that the Australian economy is healthy, the US economy in chaos or both?

SM: It’s a sign of both. Many countries around the world look with envy at how well (relatively) Australia is doing, to our credit! It is of concern that the American economy is in such bad shape and that their levels of debt seem unsustainable.

((WN)) How do you rate the governments economic stimulus package?

SM: The economic stimulus package was poorly targeted and poorly carried out. When we could have been building roads, dams, railways and hospitals yet instead we were paying for tattoos, PlayStations and overseas holidays.

((WN)) Should it be wound back?

SM: The question about levels of stimulus spending is a complicated one and requires expertise in economics, however one could say in general terms that all government spending should be well targeted and spent in the most efficient way.

((WN)) Is Kevin Rudd a better Prime Minister than John Howard?’

SM: Australian voters are the best judge of that and we will know in 2019 🙂

((WN)) Is the Carbon Pollution Reduction Scheme an effective solution to climate change? Why?

SM: Absolutely not. The CPRS will not change the climate by any amount that we can measure – it’s just a new tax that will hurt Australians and drive businesses and jobs overseas. Since 2003 there has been mountains of new scientific data which contradicts the popular theory that human carbon dioxide emissions are causing significant global warming. Recently, many of the scientists who wrote the IPCC report (on which the ETS / CPRS is based) have been reported as manipulating scientific data to create scary global warming scenarios. The science is definitely not settled

((WN)) Is there a better solution?

SM: We can very easily refocus the momentum and goodwill that has been generated on climate change and channel this energy into other worthwhile environmental projects in Australia that will make a difference.

((WN)) Why should the electorate vote for you?

SM: I will oppose the ETS and support responsible environmental policies instead of radical environmental policies that could end up costing every Australian taxpayer $4550 per year in new taxes.

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One year on: Egyptians mark anniversary of protests that toppled Mubarak

Wednesday, January 25, 2012

Across Egypt hundreds of thousands have taken to the streets for the day, marking exactly one year since the outbreak of protests leading to 83-year-old longstanding ruler Hosni Mubarak’s downfall. The country’s decades-long emergency rule was partially lifted this week; meanwhile, a possible economic meltdown looms and a newly-elected parliament held their first meeting on Monday.

Despite the new parliament, military rule introduced following Mubarak’s fall last spring remains. Echoing the demands from a year ago, some protesters are demanding the military relinquish power; there are doubts an elected civilian leader will be permitted to replace the army.

The brief unity against Mubarak has since fragmented, with Secularists and Islamists marking the revolution’s anniversary splitting to opposing sides of Cairo’s famed Tahrir Square and chanting at each other. Initial demonstrations last year were mainly from young secularists; now, Islamic parties hold most of the new parliament’s seats — the country’s first democratic one in six decades.

Salafis hold 25% of the seats and 47% are held by the Muslim Brotherhood, which brought supporters to Cairo for the anniversary. Tahrir Square alone contained tens of thousands of people, some witnesses putting the crowd at 150,000 strong. It’s the largest number on the streets since the revolution.

Military rulers planned celebrations including pyrotechnics, commemorative coins, and air displays. The Supreme Council of Armed Forces took power after last year’s February 11 resignation of Mubarak.

Alaa al-Aswani, a pro-democracy activist writing in al-Masry al-Youm, said: “We must take to the streets on Wednesday, not to celebrate a revolution which has not achieved its goals, but to demonstrate peacefully our determination to achieve the objectives of the revolution,” — to “live in dignity, bring about justice, try the killers of the martyrs and achieve a minimum social justice”

Alexandria in the north and the eastern port city of Suez also saw large gatherings. It was bitter fighting in Suez led to the first of the revolution’s 850 casualties in ousting Mubarak. “We didn’t come out to celebrate. We came out to protest against the military council and to tell it to leave power immediately and hand over power to civilians,” said protestor Mohamed Ismail.

“Martyrs, sleep and rest. We will complete the struggle,” chanted crowds in Alexandria, a reference to the 850 ‘martyrs of the revolution’. No convictions are in yet although Mubarak is on trial. Photos of the dead were displayed in Tahrir Square. Young Tahrir chanters went with “Down with military rule” and “Revolution until victory, revolution in all of Egypt’s streets”.

If the protestors demanding the military leave power get their way, the Islamists celebrating election victory face a variety of challenges. For now, Field Marshall Mohamed Hussein Tantawi — whose career featured twenty years as defence minister under Mubarak — rules the nation and promises to cede power following presidential elections this year.

The economy is troubled and unemployment is up since Mubarak left. With tourism and foreign investment greatly lower than usual, budget and payment deficits are up — with the Central Bank eating into its reserves in a bid to keep the Egyptian pound from losing too much value.

Last week the nation sought US$3.2 billion from the International Monetary Fund. The IMF insists upon funding also being secured from other donors, and strong support from Egypt’s leaders. IMF estimates say the money could be handed over in a few months — whereas Egypt wanted it in a matter of weeks.

The country has managed to bolster trade with the United States and Jordan. Amr Abul Ata, Egyptian ambassador to the fellow Middle-East state, told The Jordan Times in an interview for the anniversary that trade between the nations increased in 2011, and he expects another increase this year. This despite insurgent attacks reducing Egyptian gas production — alongside electricity the main export to Jordan. Jordan exports foodstuffs to Egypt and has just signed a deal increasing the prices it pays for gas. 2011 trade between the countries was worth US$1 billion.

The anniversary also saw a new trade deal with the US, signed by foreign trade and industry minister Mahmoud Eisa and U.S. Trade Representative Ron Kirk. President Barack Obama promises work to improve U.S. investment in, and trade with, nations changing political systems after the Arab Spring. Details remain to be agreed, but various proposals include US assistance for Egyptian small and medium enterprises. Both nations intend subjecting plans to ministerial scrutiny.

The U.S. hailed “several historic milestones in its transition to democracy” within a matter of days of Egypt’s revolution. This despite U.S.-Egypt ties being close during Mubarak’s rule.

US$1 billion in grants has been received already from Qatar and Saudi Arabia but army rulers refused to take loans from Gulf nations despite offers-in-principle coming from nations including Qatar, Saudi Arabia, and United Arab Emirates. Foreign aid has trickled in; no money at all has been sent from G8 nations, despite the G8 Deauville Partnership earmarking US$20 billion for Arab Spring nations.

A total of US$7 billion was promised from the Gulf. The United Kingdom pledged to split £110 million between Egypt and Arab Spring initiator Tunisia. The European Bank for Reconstruction and Development says G8 money should start arriving in June, when the presidential election is scheduled.

The African Development Bank approved US$1.5 billion in loans whilst Mubarak still held power but, despite discussions since last March, no further funding has been agreed. The IMF offered a cheap loan six months ago, but was turned away. Foreign investment last year fell from US$6 billion to $375 million.

Rights, justice and public order remain contentious issues. Tantawi lifted the state of emergency on Tuesday, a day before the revolution’s anniversary, but left it in place to deal with the exception of ‘thuggery’. “This is not a real cancellation of the state of emergency,” said Islamist Wasat Party MP Essam Sultan. “The proper law designates the ending of the state of emergency completely or enforcing it completely, nothing in between.”

The same day, Amnesty International released a report on its efforts to establish basic human rights and end the death penalty in the country. Despite sending a ten-point manifesto to all 54 political parties, only the Egyptian Social Democratic Party (of the Egyptian Bloc liberals) and the left-wing Popular Socialist Alliance Party signed up. Measures included religious freedom, help to the impoverished, and rights for women. Elections did see a handful of women win seats in the new parliament.

The largest parliamentary group is the Freedom and Justice Party of the Muslim Brotherhood, who Amnesty say did not respond. Oral assurances on all but female rights and abolition of the death penalty were given by Al-Nour, the Salafist runners-up in the elections, but no written declaration or signature.

“We challenge the new parliament to use the opportunity of drafting the new constitution to guarantee all of these rights for all people in Egypt. The cornerstone must be non-discrimination and gender equality,” said Amnesty, noting that the first seven points were less contentious amongst the twelve responding parties. There was general agreement for free speech, free assembly, fair trials, investigating Mubarak’s 30-year rule for atrocities, and lifting the state of emergency. A more mixed response was given to ensuring no discrimination against LGBT individuals, whilst two parties claimed reports of Coptic Christian persecution are exaggerated.

Mubarak himself is a prominent contender for the death penalty, currently on trial for the killings of protesters. The five-man prosecution team are also seeking death for six senior police officers and the chief of security in the same case. Corruption offences are also being tried, with Gamal Mubarak and Alaa Mubarak accused alongside their father Hosni.

The prosecution case has been hampered by changes in witness testimony and there are complaints of Interior Ministry obstruction in producing evidence. Tantawi has testified in a closed hearing that Mubarak never ordered protesters shot.

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Hisham Talaat Moustafa, an ex-MP and real estate billionaire, is another death penalty candidate. He, alongside Ahmed Sukkari, was initially sentenced to death for the murder of his ex-girlfriend, Lebanese pop star Suzanne Tamim. A new trial was granted on procedural grounds and he is now serving a fifteen-year term for paying Sukkari US$2 million to slit 30-year-old’s Tamim’s throat in Dubai. Her assassin was caught when police followed him back to his hotel and found a shirt stained with her blood; he was in custody within two hours of the murder.

The court of appeals is now set to hear another trial for both men after the convictions were once more ruled unsound.

A military crackdown took place last November, the morning after a major protest, and sparking off days of violence. Egypt was wary of a repeat this week, with police and military massed near Tahrir Square whilst volunteers manned checkpoints into the square itself.

The military has pardoned and released at least 2,000 prisoners jailed following military trials, prominently including a blogger imprisoned for defaming the army and deemed troublesome for supporting Israel. 26-year-old Maikel Nabil was given a three year sentence in April. He has been on hunger strike alleging abuse at the hands of his captors. He wants normalised relations with Israel. Thousands have now left Tora prison in Cairo.

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How To Afford Private Pay Homecare When It Seems Out Of Reach

How to Afford Private Pay Homecare When It Seems Out of Reach

by

Murphy Ortiz

Paying privately for home health care services is often a necessary option for seniors who want to remain living independently in their homes .Homecare is the fastest growing segment of the health care industry. With more people in need of 24 hour care, live-in care allows the elderly to remain at home with a minimum of cost compared to nursing home or assisted living costs. Since Medicaid and Medicare typically don’t pay for long term care, the burden of payment becomes that of the individual or their extended family. How do the elderly afford quality homecare for themselves? There are several possible ways to afford private pay homecare, even when the costs seem out of reach.

Most major diseases such as Alzheimer’s, MS, and Cancer offer programs to assist individuals with that particular illness. Check with your local agency supporting your illness for local community resources. Additionally, many religious organizations have some funds available for its members. Statistics show that the majority of people are going to need some type of long term care in their lifetime. For those who don’t have the savings available to pay for private pay home care, Long Term Care (LTC) Insurance is an option. Many insurance companies have brokers that specialize in this type of insurance. Make sure your LTC policy allows for substantial home care benefits since that is where most people prefer to remain. Home Equity Conversion Mortgage (HECM), formerly known as reverse mortgage is a loan you take on the equity you have accrued in your house. This option allows you the funds needed for homecare in order to remain in the comfort of your own home environment. It is not an equity loan that has to be paid back. This is beneficial in that you don’t cause further financial difficulties by acquiring an additional mortgage payment. The lender recovers repayment on the loan from the proceeds of the sale of the property. Your heirs are not responsible for repayment of the loan. You can continue to own your own home and afford the care you require. The Veterans Administration has established a pension program whereby the purchase of personal care and attendant home services are paid for through a Veteran’s acquired pension title VA Aid and Attendance Pension Benefit. This plan helps senior veterans afford private pay home care. Individuals must have a qualifying medical condition that requires them to need the daily assistance of others for activities of daily living (ADL’s). In addition , to qualify, the veteran must: Have received an honorable or general discharge Have doctor’s orders stating they need the aide and assistance of others daily Meet financial requirements Have served 1 day during an active war and had no less than 90 days of service The surviving spouse of a veteran may also qualify providing they were still married to the veteran when they passed. This veteran benefit process can take 4-6 months to process but all benefits are retro-dated back to the originally filing date. Since this process can be lengthy and confusing, the free assistance of an Elder Law Attorney is recommended. Your local county Office on Aging is an excellent resource that can assist you with finding information on available funds through your county and state programs. The information they provide is available to the public and free of charge. Institutionalized care such as nursing homes and hospitals has risen in cost to the point that has led many people to seek alternative care. Resources are available to offset the cost of private pay homecare. Asking your local agencies and seeking all options is the first step to making homecare affordable when it seems out of reach.

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How to Afford Private Pay Homecare When It Seems Out of Reach

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Egypt struggles to recover tourism, investment

Friday, February 10, 2012

Standard & Poor’s downgraded Egypt’s currency rating for the second time in four months based on the country’s shorfall in foreign reserves and shaky political transition. It’s the latest development for a nation facing mounting economic diffuclties.

Egypt’s foreign reserves fell by over 50 percent last year to about US$16 billion. Egypt has requested US$3.2 billion from the International Monetary Fund to bolster its reserves and prevent a devalation but that could take months.

Experts say that Egypt’s problem of attracting foreign investment and tourists, which are two sources that would increase reserves, has already caused the Egyptian pound to lose 1 percent of its value and if the country doesn’t solve the shortfall in foriegn currency, it could even lead to a further currency devaluation within the next two to three months.

The long-term solution is to restore tourism and foreign investments but both are suffering because of the continuing unrest.

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At least seven mountaineers die while climbing K2

Sunday, August 3, 2008

At least seven mountaineers have died while climbing K2, the second highest mountain in the world. The accident was reportedly caused by a rock slide or an avalanche that severed all the ropes used for ascent and descent.

Initial reports state that seventeen climbers ascended the mountain in two groups, with both reaching the summit successfully. The reports also state that after the avalanche, some climbers attempted to return without ropes.

The summit was covered in clouds late yesterday afternoon and the conditions in the mountain continued to deteriorate. Some of the latest reports indicate that eight climbers were stuck at the summit, unable to descend. Four of these climbers are Norwegian nationals. The conditions at the summit during night are extreme and offer very limited chances for survival for people unable to descend.

In an unrelated incident, a Serbian climber and his sherpa fell down during the initial descent. This incident was, however, unrelated to the other deaths caused by the avalanche.

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