Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Retrieved from “https://en.wikinews.org/w/index.php?title=Commonwealth_Bank_of_Australia_CEO_apologies_for_financial_planning_scandal&oldid=3869292”

Hair Transplant Is A Fast Growing Occupation In India

Hair Transplant Is a Fast Growing Occupation in India

by

Aarnav Gupta

People are more concerned about their looks than anything else today. The importance of hair to improve the facial expression cannot be undermined. Hair bring youthful look to the face and make it more attractive and appealing. Hair transplant is the part of cosmetic surgery and is gaining much popularity these days. The growing demand of good facial expressions has raised the demand of talented and trained hair transplant surgeons in India these days.

Many of the cosmetic surgeons are diverting to hair transplant surgeries or adding it to their services because of raising demand from consumers. There are many hair sciences centers in the country offering complete training to the doctors and even assisting them in establishing their own hair transplant clinics in India. Besides the techniques, the participants are taught everything that they need to conduct their practice successfully. The courses are designed with the professional excellence in mind and enable the participants to start their own practice immediate after completion of the course with full confidence. The courses include FUE training, training for surgeons, and other hair restoration treatments.

[youtube]http://www.youtube.com/watch?v=0KDnqw3c32U[/youtube]

Training is provided under the expert supervision of highly qualified and experienced specialists. Participants are taught the most popular 500-graft Follicular Unit Transplantation or FUE method. This technique is performed with the help of high-tech automatic Roto-motor technique. This training is often provided to qualified doctors i.e. MBBA and BDS only. However there are some other courses provided to train assistants and staff members of the clinics such as BAMS/ BHMS/ Nurses and assistants of cosmetologists. Usually the courses are of 3 days duration and may cost something near about USD 3500, however the duration and time limit might vary per training centers. These institutes also offer customized training programs on demand and charges would depend upon the requirement.

Some of the training centers in India encourage the participating doctors to bring a fellow technician along in the training program. This way the doctors can easily understand a technicians role during the surgery and the assisting technician can also learn what is expected of him and how to perform to the best desired level. The assisting technicians are taught the entire graft harvesting procedure, slivering graft preparation, and insertion. They are also trained how to look after the patients before and after the surgery.

FUE procedure is one of the most advanced technologies available in hair transplant industry today. It is taught at only few places in India. There are several training centre in Chandigarh which have gained much popularity recently because of their state-of-the-art infrastructure, and visiting trainers from the developed countries like US and UK. These institutes have gained popularity not only in India but globally in fact as many of their participants come from several other countries, mainly from USA, Canada, Brazil, Europe and Australia.

If you are a qualified cosmetologist, MBBS, BDS and want to make a positive difference to your practice, think of adding hair transplant and hair restoration procedures to your services and you can reap good benefits for ever.

Dr Tejinder Bhatti is an accomplished plastic surgeon. For further information please visit

fue hair transplant training

and

hair transplant course

.

Article Source:

ArticleRich.com

Iranian International Master Dorsa Derakhshani discusses her chess career with Wikinews

Tuesday, April 14, 2020

In February 2017, the Iranian Chess Federation announced two teenage chess players, Dorsa Derakhshani and her younger brother Borna Derakhshani, were banned from representing the national team. The federation announced their decision although Dorsa Derakhshani had previously decided and informed the chess federation she did not wish to play for Iran.

Dorsa Derakhshani is currently 21 years old and holds the International Master (IM) as well as Woman Grand Master (WGM) titles. Her brother, Borna, plays for the English Federation and holds the FIDE Master title.

Dorsa Derakhshani was banned since she did not wear a hijab, an Islamic headscarf, while competing at the Tradewise Gibraltar Chess Festival in January 2017. Under the laws of Islamic Republic of Iran, hijab is a mandatory dress code. Her brother Borna Deraskhsani was banned for playing against Israeli Grand Master (GM) Alexander Huzman at the same tournament. Iran does not recognise the existence of Israel, and previously, Irani athletes have avoided playing against Israeli athletes.

Mehrdad Pahlavanzadeh, the president of the country’s chess federation, explained the decision to ban the players saying, “As a first step, these two will be denied entry to all tournaments taking place in Iran and in the name of Iran, they will no longer be allowed the opportunity to be present on the national team.” ((fa))Farsi language: ?????? ????? ?? ??? ??? ?? ??? ????? ?? ?? ???? ???????? ?? ?? ????? ? ?? ??? ????? ?????? ??????? ????? ??????? ? ???? ???? ???? ?? ??? ??? ?? ??????? ????. He further stated, “Unfortunately, something that should not have happened has happened and our national interest is paramount and we have reported this position to the Ministry of Sports.” ((fa))Farsi language: ????????? ?????? ?? ????? ????????? ?????? ??? ? ????? ??? ?? ?? ?? ???? ?????? ???? ? ?? ??? ???? ?? ?? ????? ???? ?? ????? ?????.

IM Dorsa Derakhshani, who currently studies at Saint Louis University in the United States and plays for the United States Chess Federation, discussed her chess career, time in Iran and the 2017 controversy, and her life in Saint Louis with a Wikinews correspondent.

Retrieved from “https://en.wikinews.org/w/index.php?title=Iranian_International_Master_Dorsa_Derakhshani_discusses_her_chess_career_with_Wikinews&oldid=4583918”

Turkmen president bans recorded music in public

Wednesday, August 24, 2005

Turkmen President Saparmurat Niyazov has banned the playing of recorded music on television, at public events, and both public and private wedding ceremonies. Turkmenistan’s official daily newspaper, Neitralny Turkmenistan, quotes President Niyazov as stating that the ban is intended to “protect true culture, including the musical and singing traditions of the Turkmen people.” The office of the president said recorded music and lip synching has “a negative effect on the development of singing and musical art.” In a cabinet meeting broadcast on national television, Niyazov said “Unfortunately, one can see on television old voiceless singers lip-synching their old songs. Don’t kill talents by using lip synching… Create our new culture.”

President Niyazov has a history of regulating cultural influences in Turkmenistan. He has outlawed long hair or beards and capped teeth, required video monitors in all public places, and banned car radios and certain performing arts like opera and ballet, deeming them “unnecessary.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Turkmen_president_bans_recorded_music_in_public&oldid=3157219”

Food with cancer-causing dye recalled in Britain

Saturday, April 30, 2005

The British Food Standards Agency (FSA) has announced a recall of foods containing banned dyes which increase the risk of cancer. The food products were sold at the Tesco, Waitrose, and Somerfield supermarkets.

A Bristol company called “Barts Spices” found the illegal Para Red substance in their Barts Ground Paprika, which was sold in 48g and 46g jars with a “Co-op” label. The batch codes on the affected products are 5032 and 5089 (expiration Dec 2007), and 5075 (expiration February 2007).

Tesco also found that their 130g package of BBQ rice cakes (expiration November and December 2005) contained both Para Red and Sudan I.

“It would be very prudent to assume that it could be a genotoxic carcinogen,” FSA scientific advisers told reporters.

“As a company committed to supplying only the very finest quality food ingredients, we took the immediate decision to withdraw our ground paprika spice from all outlets selling the product and advertised a product recall in the national press,” a Barts Spices spokesman said in a statement.

Sudan I is only authorized for industrial use to colorize petroleum products, such as shoe polish. Para Red and Sudan I are banned under the British Colours in Food Regulations of 1995.

Britain last went through a major food recall in February, when Worcester Sauce was found to contain chili powder dyed with Sudan 1.

Retrieved from “https://en.wikinews.org/w/index.php?title=Food_with_cancer-causing_dye_recalled_in_Britain&oldid=1972969”

Why Whey Protein Powder Is Good For You}

Why whey protein powder is good for you

by

Sia BenetIf you are into bodybuilding and hardcore athletics, there are many things which go beyond exercise and help you attain the body you wish to have and need. Getting to good results and maintenance of your body after all is extremely difficult work, and you need to know what to take that will assist you in your fitness journey. An indispensable product, especially for recovery and digestion is whey protein. One of its form, whey protein isolate has essential enzymes which lets your muscles feel much fuller while keeping your stomach light.

A good formula of whey protein isolate works in many ways: it helps in muscle protein synthesis, post workout recovery, weight management as well as muscle tissue growth and repair. The beneficial aspect of whey protein is that it can be consumed by not only the ones who are hardcore athletes but also by those who have an everyday fitness routine. Whey works to keep you fit as well as develops a good digestive system. Essential amino acids found in whey protein are absorbed by the body more quickly than from other protein forms. Remember that not every kind of protein is ideal for workout: whey is one of the good kinds.

Whey protein is more than just protein because it has many other vital ingredients. The potent nutrients found in whey protein isolate have positive biological effects on the body. Other than being useful for workout, this protein helps combat many illnesses, such as depression, blood sugar and blood pressure. Some say that it is used to treat symptoms of HIV and cancer as well. Therefore, it is one of the best studied supplements in the world. Although whey protein does not taste very good on its own, fitness companies add some flavor in the supplements which improves its taste but without hampering any of the good effects.

Since protein is the building block of human body and forms an important constituent of your muscular frame, whey protein loaded with amino acid proves to be beneficial in boosting your energy level and achieving your fitness goals. Whey protein isolate is one of the best kinds, along with other forms of whey like concentrate (WPC), hydrolysate (WPH) and native whey. The isolate form contains 90% protein and less fat and lactose. Whey protein is a great option for fitness; and fortunately it is also the cheapest.

Whey protein isolate is good for those who cannot tolerate the concentrated form. Although it is indeed true that whey protein is intensely beneficial for any fitness or athletic purpose, before consuming any kind of supplement, it is vital that you consult a medical professional. Get yourself checked because you might have some underlying cause you might not be aware of. Taking the supplements then might lead to further problems. That aside, this kind of protein powder is used by all who want to increase their performance at the sporting arena. It stimulates muscle growth and is considered to be advantageous for its fast absorption attribute.

The consumption of

whey protein

is very essential for those who want to achieve higher fitness goals. Consult a doctor before taking

whey protein isolate

.

Article Source:

eArticlesOnline.com}

Guatemalan Supreme Court approves impeachment of President Molina

Wednesday, August 26, 2015

Yesterday in Guatemala, the Supreme Court approved the attorney general’s request to impeach President Otto Pérez Molina.

The final decision on lifting Presidential immunity now falls to Congress. The case relates to a corruption scandal known locally as La Linea ((en))English language: ?The Line which has seen Vice President Roxana Baldetti arrested and charged with fraud and receiving bribes. Prosecutors allege Baldetti and Molina between them received half of all bribes in the case.

Congress previously refused to impeach Molina but the investigation has since broadened, with ministerial resignations. Molina, however, has stood firm in the face of widespread popular protests demanding he leave office. Elections are scheduled for September 6.

The Social and Popular Assembly, formed during protests in recent months, allege violations of electoral law by many parties, and want an electoral commission crackdown. One member organisation, the Committee for Campesino Unity, wants a delay until elections are reformed. They also seek a new constitution.

Molina is accused of conspiring to corruptly divert customs funds. He denies any misconduct.

Retrieved from “https://en.wikinews.org/w/index.php?title=Guatemalan_Supreme_Court_approves_impeachment_of_President_Molina&oldid=4540355”

Fz1200 R16 Kf4 A Highly Reliable Igbt From Infineon}

Submitted by: DAVID SMITH

FZ1200R16KF4 is a 1600V IHM 130mm single switch IGBT (Insulated Gate Bipolar Transistor) Module with IGBT2 which is made by Infineon, formally known as Eupec who is one of the leading manufacturers and suppliers of semiconductors and system solutions. It is a 3-phase full-bridge power module including fast free-wheel diodes package with insulated metal base plate. It is the best solution for your traction and industry applications. In terms of energy, there are three central requirements of our modern society. They are: efficiency, mobility and security. Infineon provides semiconductor and system solutions, focusing on these three central needs.

Modern train traction systems use high-speed switching IGBTs in main circuits. High-speed switching reduces electromagnetic noise generated by the main motor and improves the efficiency of energy conversion. For the inverter control system, vector control is employed to control the torque current component and the exciting current component separately, which are output to the induction motor.

In modern, intense and heavy traction applications like: locomotives, long-distance trains, metros and trams, which move on a world-wide variety of railroad networks, FZ1200R16KF4 is employed. You can find them in metro drive systems, in innovative, high speed trains and in auxiliary inverters. There is hardly any other application that puts such high demands on the components as traction. High quality, reliability and lifetime are the most important product features in this market segment. FZ1200R16KF4 has advantages like ongoing development for higher voltage and current ratings and these benefits makes them really obligate in traction appliances. There is barely any other application that puts such high pressure on the components as traction. One important requirement is the ability to withstand power cycles. Power cycles cause temperature changes which lead to a mechanical stress that can turn into a failure. High quality, reliability and lifetime are the most important product features in this market segment. FZ1200R16KF4 is a very capable device which can fulfill all these requirements.

Due to its advantages in terms of fast switching, ruggedness, simplicity of gate drive and ease of use, the use of Infineon modules is widespread. While the IGBT can limit and commutate current due to normal fault events, the traction environment may present situations where extensive energy is conducted through the module. Compared to alternative solutions, these can reduce 40 to 50% in inverter cost, weight, and volume. However, the fast switching operation requires special attention to reduce the circuit inductance to avoid overvoltage at switching. Another issue worth consideration is the ability of the module to manage faults without allowing extensive rupture or explosion.

By providing the latest technology, Infineons solutions allow their customers to enjoy the benefits of standardized housings combined with maximum reliability. They offer wide portfolio of innovative components tailored to needs of various traction and auxiliary inverters.

USComponent.com is an IGBT distributor selling Eupec Infineon IGBTs such as FZ1200R16KF4. They have an exceptional quality control team who know how to take necessary steps to make sure that the quality of all of the parts theyre selling is high. Please do not hesitate to send us an email sales@uscomponent.com for stock check or tech support.

See more at: http://www.uscomponent.com/product/FZ1200R16KF4

About the Author: David Smith, Senior Vice President of

USComponent.com

, an IGBT power transistor module distributor since 2001.

Source:

isnare.com

Permanent Link:

isnare.com/?aid=1927944&ca=Computers+and+Technology}

Wikinews Shorts: August 9, 2009

A compilation of brief news reports for Sunday, August 9, 2009.

File:NoordinTop-FBI.jpg

Indonesia is to carry out DNA tests on the body of a man killed in the Temanggung district of Central Java. The body is believed to be that of Noordin Mohammed Top. Born in Malaysia, Top is believed to have been behind a string of terrorist attacks in Indonesia since 2002, including the 2002 Bali bombings and the bombing of the Marriott and Ritz-Carlton hotels this July.

After a 16-hour siege, Indonesia’s elite Detachment 88 stormed a building in Beji village that police intelligence officers believe was occupied by Top and his group.

In an unrelated police raid two would-be suicide bombers were also killed; the target of their truck bomb was believed to be a residence owned by Indonesian President Susilo Bambang Yudhoyono.

Sources

  • Suherdjoko & Dicky Christanto. “Terror suspects in shoot-out” — The Jakarta Post, August 8, 2009
  • Xiong Tong. “Indonesian police to conduct DNA test on terrorist leader Top” — Xinhua News Agency, August 8, 2009
  • Blomfield, Adrian. “Police foil plot to kill Indonesian president after raid on top terror suspect” — The Telegraph, August 8, 2009

Following a mass trial on August 1, at which critics of the Ahmadinejad regime were tried for sedition, Iran has on Saturday initiated a second mass trial of those it accuses of attempting to destabilise the Iranian state. Amongst the dozen accused are staff members of the British and French embassies and a French national. Both France and Britain have protested, with British officials calling the situation “completely unacceptable” and the French saying that the Iranian allegations were “absolutely baseless”.

In what have been described as show trials, opposition leaders have confessed to crimes against the state.

Wikipedia has more about this subject:

Sources

  • “Iran holds 2nd protest-related court session” — CBC News, August 8, 2009
  • “Embassy workers on trial in Iran” — BBC Online, August 8, 2009
  • “French national on trial in Iran over post-election unrest” — Deutsche Welle, August 8, 2009

Great train robber Ronnie Biggs has been released from prison custody on compassionate grounds by British Secretary of State for Justice Jack Straw. Biggs, aged 80, is suffering from pneumonia and is said to have just days to live.

His release comes on the day of his birthday and the 46th anniversary of the crime that made him infamous.

Sources

  • “Freed Train Robber Ronnie Biggs Turns 80” — Sky News, August 8, 2009
  • Burns, John F. “Britain’s Great Train Robber Freed” — The New York Times, August 8, 2009

Samantha Orobator, a British 20-year-old from Peckham, London has been returned to the United Kingdom to serve out the remainder of a life sentence for drug smuggling. Convicted in Laos of attempting to smuggle 680g of heroin, Orobator initially faced execution by firing squad, which she escaped only when she became pregnant.

The circumstances of her trial and the circumstances of how she came to be pregnant has led to human rights organisation Reprieve to call for the quashing of her conviction. However the British government has indicated that it will honour its prisoner repatriation agreement with Laos.

Sources

  • Vorakhoun, Phonekeo. “Pregnant British prisoner returns home from Laos” — AsiaOne, August 8, 2009
  • “Pregnant prisoner returns to UK” — BBC News Online, August 7, 2009
  • Addley, Esther. “Ministers condemned for imprisoning pregnant woman after ‘sham trial’ in Laos” — The Guardian, August 7, 2009

In a move championed by its chief executive officer, Rupert Murdoch, News Corporation announced it will charge for online content across all its titles by the end of the year. News Corporation owns the publications The Times and The Wall Street Journal amongst other media interests.

The move comes after a collapse in advertising revenues and US$3.4 billion of losses in the fiscal year just ended. Murdoch explained “…quality journalism is not cheap” and said his plan will “save journalism”. He says he is confident that competitors will follow his lead.

Sources

  • “News Corp tests charge-for-content policy at Sunday Times: report” — Agence France-Presse, August 7, 2009
  • Golson, Jordan. “News Corp. Mogul Cries ‘Charge!’ for Online News” — Business Week, August 6, 2009

Buoyed by better then expected unemployment figures for July, President Barack Obama claimed on Friday that the United States economy is “pointed in the right’ direction and that “we’ve rescued our economy from catastrophe”.

His speech comes in the wake of Bureau of Labor Statistics figures indicating that 200,000 fewer jobs were lost in July then in June.

Sources

  • Brandon, Katherine. “The President On July Unemployment Figures” — Executive Office of the President of the United States, August 7, 2009
  • Collinson, Stephen. “Obama says US economy saved from ‘catastrophe'” — Agence France-Presse, August 7, 2009

Five of Hong Kong’s six Disciplined Services continue to press the territory’s government for pay parity with the Hong Kong Police Force. Although industrial action is for the time being unlikely unions representing officers from correctional services, customs and excise, fire services, immigration and government flying services will hold a mass meeting later this month to put pressure on the government.

Similar rank and grade structures are used through out the six services, however despite the claim that customs and police officers having similar duties and workloads, a police officer will receive up to HK$7,900 more than a custom officer of the same rank.

Sources

  • Wong, Adele. “Summer of strikes looks less likely” — The Standard, August 7, 2009
  • Lee, Diana. “Customs officers seek pay parity with police” — The Standard, August 5, 2009
  • “Customs officers demand pay parity” — RTHK, August 4, 2009

Social networking site Twitter is the unlikely victim of the ongoing hostility between Russia and Georgia. However, on the anniversary of the South Ossetian war, Russian hackers launched a mass denial-of-service attack aimed at silencing Cyxymu, a Georgian economics professor critical of Russia. In addition to Twitter other sites at which Cyxymu posted were also attacked, however being a smaller operation the attacks caused a complete outage of Twitter while the other sites were merely slowed.

Sources

  • Bradley, Tony. “Twitter Continues to Battle DDoS Attack” — PC World, August 08, 2009
  • “Pro-Georgian Blogger Target of Mass Cyber Attacks” — Voice of America, August 08, 2009

Pakistani intelligence service sources state that Hakimullah Mehsud leader of Fedayeen al-Islam has been killed in a fight for the leadership of Tehrik-e-Taliban Pakistan (TTP) an al-Qaeda ally.

The statement comes a day after public speculation of the death of TTP leader Baitullah Mehsud in a drone attack on the 5th of August. Baitullah and Hakimullah are cousins with Hakimullah serving as a deputy to Baitullah. The TTP is a coalition of disparate groups and without the charisma and leadership of Baitullah, appears to have fallen victim to internal feuding. According to sources Hakimullah Mehsud met with rival Taliban leader Waliur Rehman to determine the succession, word at the shura became heated and led to a gunfight that resulted in the death of Hakimullah and the serious wounding of Rehman.

Hakimullah had earlier issued statements denying Baitullah’s death.

Sources

  • “TTP leader dead in succession fight?” — Dawn (newspaper), August 9, 2009
  • Burke, Jason. “Taliban commander denies the death of Baitullah Mehsud” — The Guardian, August 9, 2009
  • “Report: Taliban torn by feud after death” — UPI, August 8, 2009

Hurricane Felicia has weakened to a tropical storm, but residents of Hawaii are continuing to monitor the storm’s progress as it approaches the islands.

Tropical storm watches were posted for portions of the state, and some beaches have been closed in anticipation of high surf. Meanwhile, emergency supplies were selling rapidly at local stores: “Things are just flying out”, said Vicki Lebowitz, manager of The City Mill in Oahu.

The storm, once a Category 4 major hurricane on the Saffir-Simpson Hurricane Scale, is expected to further weaken before making landfall on Hawaii.

Sources
  • “Felicia weakens to tropical storm near Hawaii” — Yahoo! News, August 9, 2009
  • Associated Press. “Hawaii to close beaches as Hurricane Felicia nears” — The Los Angeles Times, August 9, 2009

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_Shorts:_August_9,_2009&oldid=3031836”