UKRAINE TRY TO ATTRACT OIL AND GAS INVESTORS – BUT LACK INFRASTRUCTURE TO DO SO

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A National Oil and Gas Asset and Exploration & Production Database for Ukraine is a Critical Infrastructure element to attract Investors

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Introduction

In order to Ukraine to attract Investors and companies to assist them in the efforts of exploring and producing oil and gas, several steps need to be taken.

One of the most important steps is to make the Energy Sector more transparent to the global players within the oil and gas industry.

There are certainly other steps in this process, such as regulations, laws and fiscal regime that needs to be focused at. However, given that there are large enough opportunities, there will be an international interest, and will give Ukraine more and better cards to play with to close deals in the future.

Ukraine needs to look into how they form partnerships in the future. Not only look at the immediate income of a project, but to look at the long-term opportunity to harvest profits, in several areas.

Ukraine has a large and prominent academic base to take from, and its intellectual base provide Ukraine with a large potential to create a domestic governmental agency to form its future Strategy for oil and gas.

Ukraine also host several industry segments that will benefit from more coordinated oil and gas efforts guided by a national strategy that is sound and transparent to the investors. Rig and pipeline construction and the iron industry cries for more activities apart from its export potential.

In this article the author will touch mostly into the creation of a National Data Center (NDC)/ National E&P Data Bank (NDB), to host and promote Ukraine potential. However, several other activities are touched as well, and should not be seen as less important, although not discussed in details here. These topics should be addressed as equally important.

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Background

Ukraine suffers from lack of transparency within the Energy sector today. If Ukraine is to attract serious international and national investors to participate in developing Ukraine’s diversified resources within oil and gas, there is a need to modernize and make the energy sector more transparent on its way.

Encouraging trust and open up the landscape so the investors and government together can resolve the challenges ahead for Ukraine, is the only viable way forward.

Ukraine does not have the economic powers to take upon itself all the challenges ahead within oil and gas industry. Not only is the conventional oil and gas prospecting an effort to take into account. Lately, the focus on Coal Bed Methane and Shale Gas has made new opportunities and challenges to Ukraine.

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One major effort that needs to be focused on, by the Ukraine authorities are the establishment of a National Data Center for oil and gas resources.

This effort has proven to give a nation more attention, and more credibility as it promotes in a more transparent way the potential in a nation’s resources.

Therefore we propose that the government of Ukraine put more focus and attention to make a Joint Venture …

Purpose of Education and Science

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                                  Purpose of Education and Science

    Education is through motivation and satisfying the needs of humans. The scientific world is part of an elongated human development. This this can be substantiated with the use and evolution of computers. Education of the entities that comprise the need to achieve the ultimate goal of science is an important issue of today. Education is a conglomerate believes of individual mind.

    The scientific world plays a role in this development of individual. It can be said that science is based on strategic planning. In the early evolutionary stage it has been noted through history that ideas and inventions can be obtained through exploration and scientific abomination. Education is the foundation of the continuity sustainability and transformation. The group of individual learners can be the sole of success of education.

    We can achieve our needs through critical innovation of the mind regardless of our role in society. Everyone is a learner since we do not have control over what is to be learned. The circumstances surrounding education and its mode of delivery may be due to affordability and security. These in turns affect the volatility and the flexibility of learning.

   To eliminate doubts and worry, education needs justify the prosperity of societal factors. The incumbents involve must have the resources of attaining their goals. Since we have various goals and needs, society or organization must always embed or include scenario and standard of accomplishments with their expectations.

    The modalities of learning comprised all entities of understanding processes of humans. The dexterity of the mind can be explained through all means of communications. Both internal and external modes of communication can be justify in the development of intelligence.

    The learning processes not only consist of spiritual processes, but all physical environmental and technological scientific means. The learning modes changes as one progresses through the channel of dwelling of living. The society must realized that learning yield success only if it is applied substantially through the minds of the individuals. Individuals learned most under the assumptions that they posses already all the preliminary process of life within the society. As mentioned in one of the seminar sessions inTucson,Arizonawe as humans tend to follow with a can-do attitude. Acquiring self knowledge always demand self reflection. According to  how Dr Wilburn of Newark, Delaware explained at a seminar in Arizona, in the United States of America,”there is absolutely no way we can get to know ourselves if we don’t take some quiet time to meditate; Contemplation is another one of the ways adult tends to learn.” Most adults are willing to open to ideas and will try untested approaches and accept risk of learning. When people are at their personal best, their projects involve creative thinking and beyond-the-boundaries thinking because of the atmospheric conditions accord to them during the process of learning.

    Even though we have gone through a process at an early stage, we must realized that nothing is done perfectly the very first time, not in schools, not …

Investment-Grade Intermediate-Term Municipal Bond Etfs

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Municipal bonds are issued by local city and county governments to raise money. They may fund libraries, schools, highway improvements, or sports stadiums.

Some municipal bonds are general obligation (GO) bonds. This means that the issuing government is free to use the money as it sees fit, whether to buy a new police cars or pay janitors at the county hospital.

Other municipal bonds can be used only for a specific purpose. For instance a county could use the funds to build a toll road. The tolls collected from motorists is used to repay bond owners.

Some consider GO bonds safer because the government can pay the required interest out of any money collected, whether taxes or speeding ticket fines. Some consider the other bonds safer. That’s because a municipality’s toll booth may continue to make money even as its property tax base goes downhill.

Historically, municipal bonds have low rates of default. The few cases of prominent muni bond defaults made big news. But the 1983 Washington Public Power Supply System default on bonds used to finance nuclear power plants and the 1994 Orange County California bankruptcy remain exceptions.

The big appeal of municipal bonds is that their interest is tax-free at the federal level. However, because of this feature municipal bonds pay interest rates that on average are lower than corporate bonds.

Therefore many wealthy investors with a high marginal tax rate put all their money into muni bonds to reduce their federal tax burden. Municipal bonds are not as advantageous for investors in lower tax brackets.

They also are not the best investment for tax-sheltered accounts such as conventional or Roth IRAs. That’s because accumulating tax-free income inside a retirement account is a waste of its tax-shelter status.

Interest income from municipal bonds is taxable by cities and states.

There are many thousands of muni bonds to choose from, and they are not easy or convenient to buy even for the wealthy. Bond brokers generally service institutions with millions of dollars to spend.

However, investors can buy shares of the iShares S&P National AMT-Free Municipal Bond Fund: MUB and SPDR Barclay’s Capital Municipal Bond ETF: TFI.

MUB tracks the S&P National AMT-Free Municipal Bond Index.

TFI tracks the Barclay’s Capital Municipal Managed Money Index (ticker: LMMITR).

(AMT stands for Alternative Minimum Tax. So the income from both these ETFs is not taxable by the IRS.)

MUB’s expense ratio is 0.25%. TFI’s is 0.30%.

MUB’s total holdings is 592. TFI’s is 282.

MUB’s average credit rating is AA-. TFI’s is AA2.

Both funds pay dividends monthly.

MUB’s average maturity is 7.93 years. TFI’s is 7.70.

TFI has a slightly higher expense ratio. It also has just half as many holdings, so it’s not as diversified as MUB. Otherwise they have similar characteristics, so it’s not necessary to buy both.

Investors in the highest tax brackets who want to diversify their municipal bond portfolios while receiving monthly checks should consider investing in either MUB or TFI.…

Drug Abuse in South African Crime Statistics

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South African crime statistics have shown that alcoholism and numerous drug abuse have been affiliated the alarming charge of crime and violence in South Africa.

There are numerous predictors of sexual assault. Socio-demographic features, anti-social and suicidal behaviors, substance abuse and psychosocial aspects are a single of the several. There has nonetheless been no distinct homework that regarding many victimization in a neighborhood sample of adolescents in South Africa.

Numerous vital variables truly need to be targeted when assessing the brings about of violence. A single of the most widespread predictors of adolescent violence is their engagement in delinquent and anti-social behaviors. Another characteristic is the impact of close friends who are delinquent and antisocial and starting to be uncovered to these a group boosts the danger of an adolescent finding victimized. A motivated offender is existing and there is an absence of impressive safety of the prospective victim.

Adolescents who spend a wonderful deal of time with delinquent buddies have a higher chance of at the moment currently being victimized than their pals with out possessing this type of close close friends taking into consideration that they will extra frequently be in nearer proximity to motivated perpetrators, with out the powerful guardianship by mom and dad and pals. Moms and fathers who are far more emotionally involved and involved with their young children are inclined to maintain their kids as substantially away from “terrible influences” and possible aggressor and supervise their children’s actions at the identical time lowering their magnetism as targets of violent attacks.

A questionnaire-based mostly investigation by Morojele and Brook (2005) examined the association amongst drug use, peer, parental and environmental parts in predicting numerous violence attacks amongst adolescents in South Africa. Variables assessed had been self, peer and parental drug use self and peer delinquent behaviors parent-boy or lady connection and neighborhood drug availability and violence publicity as a outcome of television. A greater price of victimization was learned in people who generally smoked tobacco and marijuana and consumed alcohol considerably much more generally as in contrast to their non-alcoholic, non-smoking counterparts. Parental cigarette cigarette smoking, alcohol use and parental policies and mom or father-child rapport have been sizeable predictors of many victimizations, with the association in among parental marijuana use and assault approaching South African crime statistics value.

The last south african crime statistics were released in september 2010.

The study’s findings advance the recent state of awareness relating to substance abuse amongst adolescents in South Africa. The use of medicines by men and women in an adolescents’ environment as nicely as the heightened availability of medications also look to be related with an enhanced likelihood of adolescents’ experiences of victimization. Final results of the analyze have implications for prevention strategies addressing violence and victimization in between adolescents in South Africa. Possibly profitable interventions for adolescent victimization should be meant to address certain, loved ones, peer and environmental danger components. Wellness remedy policies and approaches ought to concentrate on minimizing substance use in regular. …

Life in the New World Order – Soul Mates or Cell Mates?

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“The drive of the Rockefellers and their allies is to create a one-world government …. all under their control…. Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.” – Congressman Larry P. McDonald, 1976

“Pay no attention to that man behind the curtain!”

Our lives are being directed according to a business plan. The agenda has been laid out over decades and centuries, we are just led to believe it’s happening in real time. There are some very significant dates coming up within the next few short years. Hard to imagine that we are smack dab in the middle of an end-game scenario, with plans coming to fruition that have been laid out and documented since at least the 1920’s and 30’s. Even more incredible, you can literally go back hundreds of years to find out it’s the same basic cast of characters through elite bloodlines responsible for secret societies and shadow governments. Members of this group are said to include such prominent families as the Rothschilds, Rockefellers, Morgans, Duponts, as well as presidents, prime ministers and European monarchs.

Using their influence through international organizations such as the World Bank, the IMF, the CFR, the United Nations and NATO, the objective of the internationalists is nothing less than the subjugation of everyone on the planet to a one world government. How long has all this been going on? Without stretching the limits of your indulgence regarding quotations (I’ll do that later), consider these, which, if you disregard the names and dates, could easily have been uttered this morning:

“The world is governed by very different personages from what is imagined by those who are not behind the scenes.” – Prime Minister Benjamin Disraeli of England 1844

“From the days of Sparticus, Wieskhopf, Karl Marx, Trotsky, Rosa Luxemberg, and Emma Goldman, this world conspiracy has been steadily growing. This conspiracy played a definite recognizable role in the tragedy of the French revolution. It has been the mainspring of every subversive movement during the 19th century. And now at last this band of extraordinary personalities from the underworld of the great cities of Europe and America have gripped the Russian people by the hair of their head and have become the undisputed masters of that enormous empire.”- Winston Churchill London Press l922

” If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.” – President Andrew Jackson 1829-1837

“The real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state and nation. Like the octopus of real life, it operates under cover of a self created screen….At the head of this octopus are the Rockefeller Standard Oil interests and a small group of powerful banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United …

What is your attitude towards your work?

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What is your attitude towards your work? The position you take just might mean the difference between fulfillment and misery! This is the sixth article in a ten-part series, based on Craig Nathanson’s trademark “Ten P” model for vocational happiness. By Craig Nathanson The Vocational Coach™ What is your attitude towards your work? This is not a trivial question. On a recent trip to teach and speak in Russia I discovered that one’s culture can influence one’s position or attitude about their work. For example, in Russia, the pairing of work and joy doesn’t compute. The general feeling there is that one’s work is something that must be done whether one likes it or not. In North America, while there is a growing trend to choose more carefully one’s work, there still are remarkable similar attitudes about work. Mid-life is the chance to re-adjust your position about your work Mid-life is the perfect time to change or even recreate a new attitude about your work. It’s time to discard old non-useful ideas of the past and replace them with more useful ideas. This is not easy I should know. Now almost 4 years removed from corporate America, I have had many days and nights wondering what am I doing. Trading a six figure income managing other people in their jobs to now spending my days typing articles like this? Trying to give people new ideas how to discover and do what they love? Spending hour after hour in my private practice discussing with clients the same fears, concerns and yet eager anticipation that I had in recreating one’s work life. This isn’t a real job I would think. What am I doing while all those OTHER people commute to their real jobs. Work and Joy do fit together

Having an attitude about your work that you must not only enjoy but love what you do is not just reserved for the privileged in our society. Sure it may be harder to get started for some but just because we all have different starting lines doesn’t mean we can’t join the race to an authentic work life Are you too comfortable in your job? Up to age 40 or so, many of us have settled into a comfortable pattern about our work. We don’t necessarily love it or even like it, but it pays the bills and helps build our egos. Mid-life is a time of attitude adjustment You can live a more authentic life by starting to change your position about your work. Is what you do JUST a job to retire from? Or do you want to do activities each and every day which you love and never have to stop until you die? The only people who retire are people who don’t love what they do. Are you one of them? You can live a more authentic life but the changes reside in you. If you don’t change your position and direction of your work, then who will? …

Role Of Identity In The Australian Criminal Justice System

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Introduction

The are certain linkages that one can make with regard to the criminal justice system and the role identity plays within this system (where age, gender, sexual orientation or social class denote identity). The first link is that one’s identity has a direct effect on the access to resources of power. Also, it is plausible to assume that identity determines one’s punishments and rewards in the criminal justice system. The second aspect about identity is that it highly affects the nature of crime control dispatched upon various groups. Thirdly, these differences in crime control have an overall effect of changing the way of life of respective identities both within and without the criminal justice system. Lastly, it can be assumed that the nature of crime control can reinforce some of the inherent inequalities within society. (Andersen and Patricia, 1998)

The Australian criminal justice systems has grown by leaps and bounds over the past decades. This is because certain blatant cases of discrimination such as discrimination against gender and race have reduced dramatically. However, some institutionalised systems of discrimination still form part of the Australian criminal justice system. Specific social classes, races, sexual orientation receive fairer treatments than others. The essay shall examine the complexities of these identities with regard to the criminal justice system.

How sexual orientation is handled within the Australian criminal justice system

The criminal justice system is perhaps one of the most prominent areas of the Australian society that depicts negative sentiments to gays or lesbians. Statistics conducted on

how social class affects administration of justice by the Gay Men and Lesbians Against Discrimination (GLAD) in Victoria found that approximately eighteen percent of the male  respondents had ever experienced some form of harassment from law enforcement officers. It also found that police had harassed twelve percent of the female participants. Therefore, police officers had harassed thirty percent of the one thousand participants at one time in their lives. This is an alarming rate especially considering the fact that incidences of police harassment among the general public are at a much lower rate. (Baired et al, 1994)

The nature of response to gay related crimes also depicts discrimination. In the year 1999, a survey conducted by the Gay Men Community Action in South Australia found that a whooping forty four percent of gay/lesbian victims never contacted the police when they had been victims of hate crime. The same research also found that forty nine percent of the respondents would not report their cases to the police if the crime under consideration involved sexual issues. The same survey also found that seventy nine percent of the participants (who were all gay/lesbians) felt that police officers had a negative attitude towards homosexuals. These perceptions were not just founded on baseless allegations; it was found that twenty three percent of the homosexuals who had reported their cases to the police received homophobic reactions from them. As if that was not enough, these victims asserted that the same homophobic behaviour was …

Acquisition of Real Estate in Cyprus

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The geographical location of Cyprus between Europe, Asia, the Middle East and Africa together with the well-established legal, banking and accounting infrastructures urge local and foreign business people to invest in immovable property.  A considerable advantage of the Cyprus legal system is the protection of ownership without discriminations. That is to say, according to Cyprus Law, Cypriot citizens and foreigners may enjoy all rights associated with ownership of their property without any intervention from the State or individuals. Furthermore, Cyprus is an EU member-state since 2004 and adopted the euro in 2008. As a result, the acquisition of immovable property in Cyprus became easier.

Cypriots and EU citizens:
According to the Cyprus Law, Cypriots and EU citizens Cyprus may acquire any property without restrictions.

Non-EU citizens:
For non-EU citizens there are restrictions on type and size of real estate they are allowed to buy. Precisely, non-EU citizens may purchase a house/a flat/ a building plot/land up to 4.014m2. It should be underlined that non-EU citizens may also buy a shop under the condition that the shop will be used only for business purposes. Additionally, it should be highlighted that Cyprus Companies whose shareholders are non-EU citizens may obtain business offices and residence for their foreign employees given that they maintain a fully-fledged office.

According to the provisions of the Acquisition of Immovable Property (Aliens) Law (Cap.109), non-EU citizens wishing to buy immovable property in Cyprus must submit an Application to the District Office of the District where the property is located.

The Applicant should submit together with the Application the following documents/details:

  • Form Comm 145 completed and signed; 
  • Contract of sale; 
  • Financial standing (i.e. a bank statement); 
  • Particulars of the property  and of the current owner; 
  • The terms of payment and the way of acquisition; 
  • A copy of the Applicant’s and the spouse’s passport. In case the spouse does not have the same surname as the Applicant then a marriage certificate needs to be submitted;
  • Copies of the governmental survey plans;

 The letter of approval/refusal by the District Office may take approximately up to six months. Nevertheless, the Applicant may in the meantime take procession of the immovable property he/she bought.

Transfer of Ownership:
The transfer of ownership of real estate property is conducted at the Department of Lands and Surveys. The following documents need to be submitted:

  • Application Form N207; 
  • The registration deed of the real estate property; 
  • Copy of the District Office approval;
  • Proofs that all property taxes have been paid;

Fees and Charges:
When a buyer registers the immovable property under his/her name at the District Land Office, he/she will have to pay the corresponding transfer fee which is calculated based on property’s market value at the time of the signing of the contracts. For more information, see Table 1.

Property’s Value in Euros

Transfer Fee (%)

Less than €85.430, 10

3

 €85.430,10- €170.860,14

5

More than €170.860,14

8

 

 

 

Table 1

 

Immovable Property Tax:
According to Section 3 of Law 24/1980 the owner of a property is …

Leadership Development and Coaches

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  1. This article highlights the results of two important questions within the survey – one on leadership development and one on access to mentors.

The results are alarming: 

–          More than half the coaches had no mentor or access to a senior coach to support them.

The coach’s role is critical. Few other professions have such an impact on the development of our future generations. Both young and older athletes look directly to their coach to role model the types of behaviors which create a successful contribution to our society. The fact is, a coach is a role model and an extremely influential and important leader.

In a study into Leadership in Australian businesses, it was found only 20% of Australian leaders were formally educated, compared with 63% in Germany and 85% in Japan and the United States. Only 50% of Australian leaders had been adequately prepared for a leadership role. The “average” leader spent roughly 7 days per year, or 3% of their time, involved in training for their development and future performance in their roles.

Based on the conference coach survey results, there is a significant gap in either leadership development opportunities for sports coaches, or there is little take up of what development opportunities do exist.

  1. What is the cost of refilling just one role in an organisation? Roughly 100% of their yearly salary in advertising, recruitment services and lost productivity. What are lack of development opportunities costing sport? Some of the costs are not even seen. For example, how many potential coaches (quality coach candidates) neglect sport altogether and focus on their business career because of the difference in development opportunities and other issues.

Bottom line is this, we expect our athletes to learn and develop and therefore we as coaches must also look for opportunities to do the same. 

To view the full Coach Survey Results from the 2009 Evolution of the Athlete Conference covering leadership development, coaching mentors and how coaches get to know their new athletes, visit the website.

You can also access the full Coach Survey Results from the 2008 Evolution of the Athlete Conference covering what coaches’ biggest challenges are and what are the characteristics of a phenomenal coach, visit the website.

If you would like to comment on this article or have any questions, please contact us.…

Marketing your Law Firm – 5 Secrets to Building your Online Presence

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How important is your firm’s client base? If this question seems like a no-brainer, it’s because it is. Fostering a steadily growing client base is a vital ingredient for any successful law firm. Growth equals profits. Yet despite this, legal marketing is often perceived within the industry as the proverbial ugly step child.

The reasons are obvious. Marketing takes lawyers out of their comfort zone. Good lawyers do not necessarily make good marketers. And time spent on a marketing campaign that bombs is time wasted! Imagine how much case work could have been completed in that time…

While these issues may be valid, the fact is that your firm isn’t going to grow on its own. So you can either accept legal marketing as a necessary evil, or watch your profits flatline.

For those brave enough to embrace it, welcome aboard. Marketing your firm won’t be easy, but it’s also not as difficult as you might think. Many of the road blocks inherent to legal marketing are being broken down, particularly with technological advancements in the online arena.

So open your mind as we explore the road blocks most firms encounter, and discuss the new technologies that are helping to break them down.

Road block 1 – Resource limitations

Lawyers work hard! A work conditions report conducted in 2003 found that your typical lawyer works around 48 hours a week. To compound this fact, almost 90% of Australian law firms employ less than 5 lawyers. The end result…? Resource shortage and time depravation!

Many firms would argue that they just don’t have the time, nor the manpower to implement effective marketing activities. Yes… common business development tactics such as attending & contributing to seminars, brochure development and mail out campaigns are resource heavy. But you have options. It’s time to take your thinking beyond the ‘old school’.

Solution

Modern marketing techniques can be light on both your time and resources. In fact, a number of online opportunities allow you to adopt a ‘set & forget’ approach to marketing.

Search engine optimisation (SEO) is an example. SEO is the practice of improving your web sites ranking within the search engine results in order to drive more traffic to your firm’s site. The effect of good SEO is dramatic. Data released by AOL revealed that the site attaining top spot in the search results draws almost half of the traffic for that search term. Second spot draws less than 15%!

A number of factors affect your sites ability to rank well within the search engines, including:

1. The quality of your content

2. The number of external sites that link to you

3. Your page titles

4. The age of your site

5. The frequency of content updates

6. The cleanliness of web site design and coding… and more

In fact, Google claims to use up to 200 different factors to measure a sites quality. Consequently, SEO isn’t a task you can take on yourself. You’ll need the help of a specialist, …