Wednesday, 23 January 2013

Nestle Nigeria seeking graduate trainees, apply now

Nestle Nigeria Plc is the Leading Nutrition Health and Wellness Company that is committed to enhancing People’s lives, everywhere, everyday.

They are currently recruiting for Graduate Trainee Scheme 2013

Job Title: Graduate Trainees


The scheme
This is a distinct program designed to hire top-notch intelligent graduates who will be drilled and turned into astute business managers over a period of time.

Who they want
Exceptionally intelligent and energetic fresh graduates with a strong drive for excellence in our "Special Graduate Trainee Scheme".

Requirements

  • Minimum of 7 credits at one sitting in O'level
  • B.SC in any of the following disciplines: Engineering (Industrial, Production, Mechanical, Electrical/Electronics, Civil); Biological & Chemical Sciences (Microbiology, Biochemistry, Food Technology, Nutrition, Chemistry, Industrial Chemistry); Mathematics, Actuarial Sciences, Statistics, Computer Science, Social Sciences,(Business Administration, Economics, Accounting, Marketing)
  • Minimum of Second Class Upper
  • Must have completed NYSC (not earlier than 2011)
  • Numerate skills, Goal driven, highly numerate, Communication and presentation skills

Application Closing Date
6th February, 2013

How To Apply
Qualified and Interested candidates should apply at Nestle Nigeria Plc's Job page

Monday, 14 January 2013

Cybersecurity Awareness and Tips for Nigeria

Cybersecurity Awareness and Tips for Nigeria

SCIENTISTS and inventors toil day and night to discover or invent a tool/product that will advance the cause of humanity and before you say Jack, criminals with the motive to perpetuate nefarious activities have tailored that same invention. There are so many criminals out there in Cyber and real world’s. Cyber crime or Cyber warfare transcends physical boundaries and as such erecting perimeter fencing offers no help.

Recently news filtered in that names, addresses, bank account details etc of some serving and retired personnel of Nigeria’s State Security Service was published online. This is no doubt a national embarrassment and a threat to National Security. It is plausible that a disgruntled member of staff could have done it.

Cyber criminals deploy ‘social engineering’- the art of cleverly influencing people- to outsmart and swindle their unsuspecting victims.

Some of the fantasies we read in science fiction novels or watch in James Bond movies that seem impracticable are now common place.

Sequel to the advent and penetration of internet and automatic teller machines, Nigerians must brace up for increased levels of cyber and financial crimes. It is not impossible to clone ATM cards, clone a website, hack into or completely take a website down. Cases abound in the Western world of criminals installing very tiny cameras on automatic teller machines to capture the PIN numbers of unsuspecting bank customers.

As we strive to catch up with technological innovation in advanced countries, we also need to brace up to the challenges inherent with such technologies. The following comprehensive guide and tips are geared towards making us conscious of the dangers out there and what to do to protect ourselves.

Be careful what you do on a computer especially a public computer like the so-called cyber cafes. When you use a public computer or the so-called cyber cafes to check your emails, ensure you uncheck the ‘’keep me signed or logged in’’ box before you sign in to your online accounts. Failure to do this means your email/online account can still be opened even after you sign out. It’s also easy for criminals to install key-loggers in public computers that secretly records information of users. It goes without saying that one must avoid using public computers or networks for financial and private transactions.

Don’t presume because you have deleted information from a computer therefore it cannot be retrieved. Bad guys beware! There are forensic tools that can be used to scan and recover deleted information from a computer.

Take heed the type of website you enter your personal information. Websites can be cloned. The website you thought is your bank’s, may not be after all. It’s safer to personally enter the URL (Universal Resource Locator) of the website you want to visit on the address bar than to Google it. It is risky to click on every link emailed to you by friends etc. Scrutinize emails claiming to emanate from your bank, PayPal and other financial institutions. Don’t give out personal information over the phone unless you are sure of the caller.

Be wary of text messages or even calls supposedly originating from a particular phone number or company you think you are familiar with. Often people get phony text messages telling them they have won a lottery that they never entered for. If it looks too good to be true, it is! A chap approached me lately telling me he got an email telling him he won the American Visa lottery and that he was asked to wire money via Western Union to a United Kingdom address. Without reading the content of the email, I told him it was definitely a fraud because the United States Department of State no longer sends emails to lucky winners of its Visa lottery. Winners are now required to personally check in www.dvlottery.gov whether they won or not.

People must desist from giving out their phone numbers indiscriminately. Youth Corper’s etc beware giving out your PERSONAL phone numbers to be published in ‘’Corper’s Magazine’’!

With bulk SMS and internet text messaging, one can send a text message with a personalized user I.D or phone number purporting to be someone else or originating from a specific phone number. For example, criminals can send you a customized bank transaction Debit SMS alert purporting to emanate from your bank and anything can happen from there.

Voicemail and phone calls can be hacked, too. Justice Salami has had a running legal battle with OyinloIa/the PDP over alleged text messages and calls purported to have transpired between him and an ACN gubernatorial candidate. One is not necessarily holding brief for Justice Salami, just to highlight the possibilities of technology. The case is still in court; let’s see how it pans out.

Computer/Phone hacking is a global phenomenon. Lately, United Kingdom’s widely read tabloid- the News of the World —closed shop over phone hacking scandal. Prominent celebrities have had their phones, twitter, email accounts etc hacked into at one point or the other.

Please if you use a wireless internet subscription on your PC or mobile device, it is very important you use a very STRONG password to protect it otherwise just about any body within your vicinity can log or hack into your network and use it. With ‘’remote log in’’, somebody can hack into your Personal Computer via your unsecured network and access all the information on your PC or device.

You cannot exonerate yourself if your network is inadvertently used to perpetuate negative acts. Always switch off the Bluetooth on your computer or mobile device because it is an easy gateway to the information in your device. Your voicemail too needs to be password-protected.

Use ‘strong’ passwords and change it as frequently as possible. Eschew using such things as your date of birth etc as passwords. Mix letters, numerals, and capital and lower case letters if possible. If you fancy it, try using a memorable sentence for a password. E.g. ‘’AbujaIsTheCapitalOfNigeria’’. Take note that the aforementioned password has every word starting with a capital letter. Yes, it’s a long one but also easy to remember. Most importantly, it is STRONG, and cannot be easily cracked.

Be careful to whom you send or email your CV and important documents. This applies mostly to unsuspecting job seekers. I cringe whenever I see job seekers copying and pasting their resumes, degree results, passport photos, NYSC discharge certificates etc on genuine and giddy recruitment websites. ‘Identity Theft’ may not be big business here in Nigeria but it is a multi-billion dollar business in most Western countries.

As a job-seeker, alarm bell’s should ring in your head when you come across a company online claiming to be say, Shell and having an email address shell@yahoo.com . If indeed it is Shell, then their email address must match their website e.g shell@shell.com .

Be wary the type of information you leave on social networking sites such as facebook, twitter, beebo, hi5 etc. Be careful whom you allow as your ‘friend’ or socialise with on facebook et al. Recently a postgraduate student Cynthia Osokogu was brutally murdered in Lagos. She was alleged to have ‘met’ one of her assailants through Blackberry Messenger. You can see the hazard in blindly trusting people you come across on social networking sites. Over here, particularly amongst teens, there seems to be some kind of competition as to who has the highest number of ‘friends’ on facebook. People may not be who they claim they are on social networking sites. It’s easy to copy and paste or upload another person’s picture and claim to be that person. There is a lot of impersonation, make-believe and facade going on in Social Networking websites.

If you are travelling, why must you post/advertise it on a Social Networking website? You are unwittingly telling potential goons that you won’t be around.

People have lost jobs and precious career opportunities courtesy of inappropriate information they inadvertently posted on Social Networking sites. The just concluded London 2012 Olympics recorded athletes being booted out because of their tweets. Some of the information you innocently put on Social Networking sites today may come to haunt you say in 10-20 years time especially for those with political or leadership prospects.

On a related note, you unwittingly make your self a target or a suspect if you allow a wanted criminal or terrorist as your friend on a social networking site. Do I have to also say that these sites are very addictive! So many folks waste many productive hours on facebook et al. This is not to say that social networking is bad, not at all.

Please it’s high time you made good use of the ‘privacy settings’ on some of these social networking sites. The privacy setting allows you to decide for example if you want your full date of birth to show or for the public to see you.

Have manifold email addresses. You can dedicate one of the emails for social activities- networking etc. Another one can be for your financial transactions and may be a third one for career-related transactions. The raison d’ĂȘtre for this is that if the email for social activities is compromised, it will not affect the sensitive information in your career or business emails.

Phone browsing has more security implications (not quite secured) compared to browsing on a typical desk top or laptop computer. Several times folks complain that their email accounts have been hacked into or compromised but on closer scrutiny one finds out that they have at one time or the other, accessed their email accounts on their phones. It often happens that cookies, malwares and Trojans may have infiltrated the said email account and will automatically start sending phony emails to all the addresses in the person’s contacts list.

It is not news that most of these Smart phones available today have software’s or applications that can track their owner’s geographical location. Nigerians like to flaunt their wealth and gadgets; we just like to rub it in. It may interest you to know that Google officially admitted that more than 90 per cent of android phones have mobile software’s with serious security vulnerabilities. Install a mobile security antivirus on that your smart phone.

Talking about phone tracking, the late Col Gaddafi was alleged to have placed a call via a satellite phone shortly before he was killed. The hypothesis suffices that his call was intercepted and the coordinates of his location was extrapolated. With such phones, the origin or location of the call can be tracked in real time.

So before you start flaunting that your latest toy, take time to consider its security implications.

Remember that each computer/phone or whatever device you connect to the internet have a specific I.P (Internet Protocol) address. There is a tendency that your I.P address is embedded in an email or online transaction that originates from you. With the I.P address, the location or the nearest telecommunication mast where that particular transmission emanates from can be deduced.

Please don’t drag this thread into the promise of altering or hiding an I.P address; using a ‘Virtual PC’ to browse or ways around some of these things. This thread is aimed to dissuade the bad guys.

Recall that most of these insurgent or terrorist groups in and outside Nigeria issue their Press statements online and have online presence hence they cannot afford not to leave an online ‘’fingerprint trail’’ no matter how meticulous or IT savvy they are.

Regularly updating your computer also makes it more secured. Similar to this is also to update your web browsers as older versions may be riddled with security flaws. Uninstall programs or software’s you no longer use from your computer. Avoid downloading or opening programs/files if you are not sure of the site’s authenticity or credibility.

Don Okereke, a Security Analyst & Consultant, wrote from Abuja, Nigeria

Source: Nigerian Guardian News


Thursday, 10 January 2013

General Electric Vacancy-CLP Program(Entry level) 2-3.5yrs experience

GE vacancy: CLP Program (Entry Level 2-3.5 years of experience)


•Mechanical Engineer: 2.1
•Must be technically sound. Maximum 3.5 years’ experience (internship/NYSC inclusive) very strong leadership skills
•Industrial and Electrical Field experience, project management, industry knowledge, gas turbine exposure (sales, servicing, maintenance etc.) Should understand proposals, financials, commercial acumen etc.
•Must be mobile and able to move out of home country

Visit www.gecareers.com
 to apply.


Wednesday, 19 December 2012

Youth Organization Capacity Building School

Youth Organization Capacity Building School (Third Edition)


Do you run a youth organization in Nigeria and desire to become more professional, impactful, secure more grants and be sustainable in your work? If yes, then the third edition of Youth Organization Capacity Building School is here for you between Thursday 17th and Friday 18th January 2013, in Abuja, Nigeria.

The Training shall offer practical sessions on:

·         Characteristics of High Performing and Sustainable Youth Development Organizations

·         How to Write Winning Proposals.

·         Developing Proper Financial and Accounting Procedures.

·         Understanding Social Entrepreneurship.

·         How to Mainstream Gender in Development Interventions.

·         Cultivating Rewarding Relationship with Donors and Partners, among other sessions.

 
Every participant shall get a free CD with the conference sessions, organization development toolkits and a list of over 50 local and international funding organizations.

Institutional Support:Two (2) Youth Development Organizations participating in the training shall win Youngstars Institutional Building Grant to support a key organizational challenge they are currently facing.

Facilitators: Facilitators shall be drawn from UNDP DGD, US Embassy Abuja, National Democratic Institute and other development partners.

 
Eligibility: Young persons in Nigeria between the ages of 18 and 35, running/working in a youth organization or interested in starting a youth organization.


Application: Interested participants are to download the application form from www.youngstarsfoundation.org.


Closing Date: The forms are to be completed and emailed to top12nig@yahoo.com on or before Saturday, 22nd December 2012. Call 07035535876 for inquiries.


Registration: All participants are expected to arrive at the event venue on or before 8:30am on Thursday 17th January, 2013 for registration. A REGISTRATION FEE of N5,000 is payable at the venue.


Registration Discount: Members of the Youngstars Coalition for Youth Capacity shall pay only N3,000.


Transportation: Please note that participants will be solely responsible for their transportation in and out of Abuja.

Accommodation and Meals: Limited accommodation scholarship shall be available for participants who demonstrate the need for it. Meals shall be provided for all participants.

Friday, 7 December 2012

Thank you for attending Spidnetworking #10 event

Thank you for attending Spidnetworking #10 last Saturday, 1 December, 2012.


Our 1st speaker, Dr. Femi Olaleye, a clinician/medical doctor and MD of Optimal Cancer Care Foundation shared his '10 success strategies' for life and career. You can reach him directly at 07033447497 or via email at drfemi23@yahoo.com.

2nd Speaker, Mrs. Ronke Oloruntoye, IFRS/Tax leader of Fansonhols dtt consult (Fdtt Consult) spoke about her career journey, from training as an accountant to become a reliable tax advisor and recently gaining proficiency in IFRS. She can be reached at temtop08@gmail.com or on 08023211427 or 018770302.

Clara Ogunsemi, host of Spidnetworking, shared a presentation on Spidnetworking, it objectives and other useful information. For a copy of the presentation, see images below

Visit our Blog at
www.spidnetworking.blogspot.com

VisitSpidnetworking group and request to join
http://www.facebook.com/groups/Spidnetworking/

Please like us and receive periodic updates from us at:
https://www.facebook.com/SpidNetworking














 

Thursday, 6 December 2012

Apply for the Chevening scholarship and attend a UK university for free

Apply for the Chevening Scholarship and attend  UK University for free

Applications for 2013/14 Chevening Scholarships are now open. For full information about eligibility and selection criteria please read our guidance for applicants.

Chevening Scholarships are the UK government’s global scholarship programme, funded by the Foreign and Commonwealth Office (FCO) and partner organisations. The programme makes awards to outstanding scholars with leadership potential from around the world to study postgraduate courses at universities in the UK.

The Chevening programme began in 1983 and has developed into a prestigious international scheme. Chevening Scholars come from over 116 countries worldwide (excluding the USA and the EU), and this year the Scholarships will support approximately 700 individuals. There are over 41,000 Chevening alumni around the world who together comprise an influential and highly regarded global network.

The programme provides full or part funding for full-time courses at postgraduate level, normally a one-year Master’s degree, in any subject and at any UK university.

For more information, visit Chevening Scholarship website

Deadline is December 14, 2012

Thursday, 29 November 2012

Nutrition Officers, Country Directors and HR Manager sought by Helen Keller International in Africa

Nutrition Officers, Country Directors and HR Manager sought by Helen Keller International in Africa



Founded in 1915 by Helen Keller and George Kessler, Helen Keller International (HKI) is among the oldest international NGOs (non-governmental organizations) devoted to preventing blindness and reducing malnutrition in the world.  They currently work in 22 countries: 13 in Africa, 8 in Asia-Pacific, and the United States.

Job postings for Africa

Apply at: Helen Keller International Website

The Meadow Hall Graduate Teacher Trainee Program in Lagos, Nigeria

The Meadow Hall Graduate Teacher Trainee Program in Lagos


Meadow Hall School is a co-educational institution that runs an integrated scheme made up of the British and the Nigerian curricula. The school consists of an infant section, a junior section and a college.
Meadow Hall has a vision to reform education in Nigeria and positively impact the Nigerian child by raising the standard and quality of education service providers through the provision of trainings and developmental programmes.
The Meadow Hall Graduate Teacher Trainee programme is a 3 month teacher training and development programme aimed at young graduates who are passionate about the teaching profession regardless of their first academic discipline. This Programme is at no cost to the graduates.

Objectives

  • To institute professionalism in teaching by providing the required training for new entrants into the field.
  • To equip trainable young entrants into the profession with the latest developments and international best practice for effective teaching and learning.
  • To attract into the teaching profession dynamic individuals who will acquire workplace and professional values to impact children and ultimately the nation.
  • To create an exceptional pool of teachers.

Qualification

  • A minimum of a second class (2-1) degree from a recognised institution in or outside Nigeria.
  • Open ONLY to fresh graduates who completed NYSC not more than two years ago.
  • Applicants must be within 21 and 28 years of age.
  • Passion for the teaching profession
  • Proficient ICT Skills
  • Good Communication and Social skills
  • No prior teaching experience required.

Why   Apply?

  • An international educational institution with best practice teaching tools, environment and methodologies.
  • A platform for self development, creativity and excellent service delivery
  • Exposure to modern educational settings and technology
  • To become a relevant icon in moulding the future generation
  • Job Placement for exceptional graduates.

Application Deadline:

December 13, 2012


Apply at: Meadow Hall Web site

Tuesday, 27 November 2012

Nigerian Teens Build an Innovative Generator that Turns Pee into Power

Nigerian Teens Build an Innovative Generator that Turns Pee into Power

 
A group of enterprising Nigerian teenagers from Lagos have developed a generator powered by urine to counter the country’s chronic shortage of reliable electricity. It is estimated that more than half of Nigeria‘s 160 million citizens have no access to electric power, but the four Lagos students believe the solution may be in harnessing the power of pee. They’ve even built in a technology to keep the smell from becoming an issue.

Watch Video now: http://www.youtube.com/watch?v=kaerrHlGkeg&feature=player_embedded

Source: www.forbes.com

Monday, 26 November 2012

Experienced Secretary and Auditor required by a corporate gifts, promotions, and printing company

Experienced Secretary and Auditor required by a Corporate Gifts/Promotion and Printing Company


A Nigeria-based company, specializing in Offset, Screen, Digital Large Format and several printing services is urgently in need of an Experienced Secretary and Auditor. Its client base includes multinationals.

The Experienced secretary should be able to fulfill the following administrative function, such as  file documents, check mails, browse/source, receive and make phone calls, keep and monitor incoming and outgoing orders. She/he must be confident and able to work without supervision, and must have the initiative to act promptly to issues as they arise.  She or he must be a computer literate and live around Isolo,Idimu or in close proximity

Auditor must be experienced in accounting, finance and tax. He/she must be able to liaise with tax authorities and have an understanding of filing financial statements, reports, etc. Experience in printing industry is desired.

Please send CVs to info@deecla.com.ng

 

Friday, 23 November 2012

Book launch by Gloria Anujue Okafor, a spidnetworking member

Book Launch by Gloria Anujue Okafor, a Spidnetworking member

Nigerian Author, Gloria Anujue Okafor, launches her book, 'Ruined' on Saturday, December 1, 2012, 3pm-5pm, The Place, 45, Issac John Street, Ikeja GRA. Please attend...

Ruined is a novel about the conflicts of marriage. A young lady of twenty decides to marry a man twenty-seven, and who works for her father. Not exactly for love, but out of revenge. Her father, Ben Amadi, wanted her to get married to Emeka Philips, because of a company's inheritance. As young lovers, Emeka and Kene didn't really get the chance to be expressive with each other, since Kene's father was always there to keep an eye. Emeka left for the UK to school, and chose to forget about Kene. In trying to win him back, Kene fell into Moss Philips ploy. He was Emeka's American father. In revenge Kene decided to marry Jude, who was her father's employee. For six years they didn't have a child, and Jude had an extra-marital affair which proved the problem wasn't his. The secret was leaked, and Ben thought he could get his daughter to marry the man he wanted not necessarily for love, but selfish interest. The story is so dramatic it has a lot of twists. Kene pays the ultimate price of death out of frustration and betrayal. But there's always a price for everyone. Other great characters in the story are Diola and her sister, Yeni, whom circumstance forced to live the life they would not have loved to. 'Ruined' has intrigues, romance, deceits, spies and basically the general experience of life.
 
To purchase the book, visit Amazon Online store at http://www.amazon.co.uk/Ruined-Gloria-Anujue-Okafor/dp/1467889601

Friday, 16 November 2012

Interested in a co-educational full boarding secondary (high) school for your child in Nigeria?

Interested in a co-educational full boarding secondary (high) school for your child in Nigeria? Look no further...


You are warmly invited to Day Waterman College Open Day so you can see what makes it  such a special place.



Day Waterman College is an outstanding international secondary school that prepares students for academic excellence at IGCSE.

As a co-educational, full boarding school, Day Waterman College focuses on high academic standards as well as catering for students’ physical, creative, emotional and social development.

Venue:

 

Day Waterman College



Asu Village Road, Off Sagamu-Abeokuta Expressway, Abeokuta, Ogun State

Time: 10:00am - 1:00pm

Date: 17 November 2012

Application forms for entry into Years 7 to 10 will be on sale during the Open Day and at our Lagos Office and all

our examination centres from Monday, 19 November 2012.

Entrance tests will hold on Saturday, 19 January 2013 at Day Waterman College.




Lagos Liaison Office:



18B Thompson Avenue, Ikoyi, Lagos.




Tel: 0805 869 8071, 0805 829 8402, 0805 869 8081, 0805 869 8025

Further information can be found on our website www.dwc.org.ng or e-mail: info@dwc.org.ng.

Tuesday, 13 November 2012

Argentina crew prevents Ghana from moving ship

Argentina crew prevents Ghana from moving ship


Sailors aboard an Argentina navy sailing ship seized in a billion-dollar international debt controversy brandished weapons to block Ghanaian officials from moving the vessel to a less busy dock, an official of the Ghana Ports and Harbors Authority said Saturday.
Crewmen on the ARA Libertad showed their rifles to deter Ghanaian officials from boarding the South American ship Thursday, Kumi Adjei-Sam, the corporate affairs manager of the ports authority, told The Associated Press.
Ghana's government has not commented on the show of force against officials of this African nation.
Ghanaian judge Richard Agyei-Frimpong ruled last week that the Libertad should be moved from its current position while Argentina fights a court order to hold the ship against payment of $1.3 billion to a group holding bonds on which Argentina defaulted in 2002.
Ports officials say the ship's current location prevents other vessels from berthing, costing the agency tens of thousands of dollars a day in lost fees.
Argentina's Defense Ministry issued a statement Friday saying the ship will not budge while the detention order is being appealed.
It said the ship's crew, under orders from Buenos Aires, pulled up the gangplank to prevent Ghanaian authorities from boarding. In response, Ghana shut off water and electricity and brought a crane to lift officials onto the ship to move it.
"An order was for the crew to show up on the deck, with its regular weapons, with the purpose of dissuading any attempt to board it," the Argentine ministry said.
The ministry said the Ghanaians should stop "illegal measures such as forcing us to move and cutting off basic supplies, which represent a violation on our sovereignty and an act of hostility."
Ghanaian courts ordered the ship detained Oct. 2 in response to U.S. court decisions in favor of investors holding bonds on which Argentina defaulted.
Argentina's problems grew larger Friday, when U.S. District Judge Thomas Griesa warned Argentine President Cristina Fernandez not to "defy and evade" his orders on how much Latin America's third-largest economy will have to pay bondholders.
Griesa will decide the amount Dec. 1, a day before Argentina is due to make the first of three payments of more than $3 billion to bondholders who accepted restructuring of their debt at a loss.
Some of the money will go to NML Capital Ltd. and other holdout plaintiffs who are seeking about $1.33 billion in unpaid principal and interest, Griesa said.
Fernandez has refused to post $20 million with a court in Ghana to release the Libertad and insists Argentina will not pay a single centavo to what she calls "vulture funds" that held or bought up the defaulted bonds that remained after other holders agreed to restructure more than 90 percent of the debt in 2005 and 2010. Many received as little as 25 cents on the dollar.
Argentina lost its long battle against bond holdouts in the U.S. courts last month, when an appellate panel rejected every argument Fernandez's government made against paying $1.33 billion in principle and interest to investors holding the original bonds.
The ruling effectively gave Argentina a stark choice: Either pay all of its bondholders equally, or pay none of them at all.
Argentina argued that forcing it to pay the holdouts could provoke another severe economic crisis, but the U.S. appellate court said "nothing in the record supports Argentina's blanket assertion." It agreed with Griesa, who ruled that with more than $40 billion in foreign reserves, Argentina has the ability to pay.
Fernandez said Friday that U.S. courts are harming those who showed faith in Argentina during the bond restructuring.
"Those who believed in Argentina, who put their trust in Argentina, they restructured the debt and we're paying it religiously, one after the other," Fernandez said.
But judges said last month that Argentina must keep promises it made when it issued the original debt in the 1990s and that performing debt does not take priority over defaulted debt.
"Argentina has the duty to pay with the judicial resolutions of the United States in the bond cases," Griesa said Friday. "Our courts are not helpless."
The judge's new warning dented the price of Argentine global bonds due in 2017, which fell more than 6 percent Friday and have plunged about 12 percent since the court order last month.
Enrique Dentice, an economic analyst for Universidad de San Martin in Buenos Aires, said Griesa's order "will greatly harm those who joined the swap at the time" and respected Argentine law.
He said Argentine rules forbid the reopening of debt restructuring even as U.S. law requires honoring the original clauses of bonds issued there.

Written b

Thursday, 8 November 2012

America's best is yet to come- Speech by President Barack Obama during his re-election in Nov 2012

America's best is yet to come

speech delivered Tuesday, 6 November 2012, by re-elected President Barack Obama’s after his victory at the poll

TONIGHT, more than 200 years after a former colony won the right to determine its own destiny, the task of perfecting our union moves forward.
It moves forward because of you. It moves forward because you reaffirmed the spirit that has triumphed over war and depression, the spirit that has lifted this country from the depths of despair to the great heights of hope, the belief that while each of us will pursue our own individual dreams, we are an American family and we rise or fall together as one nation and as one people.
Tonight, in this election, you, the American people, reminded us that while our road has been hard, while our journey has been long, we have picked ourselves up, we have fought our way back, and we know in our hearts that for the United States of America, the best is yet to come.
I want to thank every American who participated in this election, whether you voted for the very first time or waited in line for a very long time. By the way, we have to fix that. Whether you pounded the pavement or picked up the phone, whether you held an Obama sign or a Romney sign, you made your voice heard and you made a difference.
I just spoke with Governor Romney and I congratulated him and Paul Ryan on a hard-fought campaign. We may have battled fiercely, but it’s only because we love this country deeply and we care so strongly about its future.
From George to Lenore to their son Mitt, the Romney family has chosen to give back to America through public service and that is the legacy that we honor and applaud tonight. In the weeks ahead, I also look forward to sitting down with Gov. Romney to talk about where we can work together to move this country forward.
I want to thank my friend and partner of the last four years, America’s happy warrior, the best vice president anybody could ever hope for, Joe Biden.
And I wouldn’t be the man I am today without the woman who agreed to marry me 20 years ago. Let me say this publicly: Michelle, I have never loved you more. I have never been prouder to watch the rest of America fall in love with you, too, as our nation’s first lady. Sasha and Malia, before our very eyes, you’re growing up to become two strong, smart beautiful young women, just like your mom. And I’m so proud of you guys. But I will say that for now, one dog’s probably enough.
To the best campaign team and volunteers in the history of politics. The best. The best ever. Some of you were new this time around, and some of you have been at my side since the very beginning. But all of you are family. No matter what you do or where you go from here, you will carry the memory of the history we made together and you will have the lifelong appreciation of a grateful president. Thank you for believing all the way, through every hill, through every valley. You lifted me up the whole way and I will always be grateful for everything that you’ve done and all the incredible work that you put in.
I know that political campaigns can sometimes seem small, even silly. And that provides plenty of fodder for the cynics that tell us that politics is nothing more than a contest of egos or the domain of special interests. But if you ever get the chance to talk to folks who turned out at our rallies and crowded along a rope line in a high school gym, or saw folks working late in a campaign office in some tiny county far away from home, you’ll discover something else.
You’ll hear the determination in the voice of a young field organiser who’s working his way through college and wants to make sure every child has that same opportunity. You’ll hear the pride in the voice of a volunteer who’s going door to door because her brother was finally hired when the local auto plant added another shift. You’ll hear the deep patriotism in the voice of a military spouse who’s working the phones late at night to make sure that no one who fights for this country ever has to fight for a job or a roof over their head when they come home.
That’s why we do this. That’s what politics can be. That’s why elections matter. It’s not small, it’s big. It’s important. Democracy in a nation of 300 million people can be noisy and messy and complicated. We have our own opinions. Each of us has deeply held beliefs. And when we go through tough times, when we make big decisions as a country, it necessarily stirs passions, stirs up controversy.
That won’t change after tonight, and it shouldn’t. These arguments we have are a mark of our liberty. We can never forget that as we speak people in distant nations are risking their lives right now just for a chance to argue about the issues that matter, the chance to cast their ballots like we did today.
But despite all our differences, most of us share certain hopes for America’s future. We want our kids to grow up in a country where they have access to the best schools and the best teachers. A country that lives up to its legacy as the global leader in technology and discovery and innovation, with all the good jobs and new businesses that follow.
We want our children to live in an America that isn’t burdened by debt, that isn’t weakened by inequality, that isn’t threatened by the destructive power of a warming planet. We want to pass on a country that’s safe and respected and admired around the world, a nation that is defended by the strongest military on earth and the best troops this world has ever known. But also a country that moves with confidence beyond this time of war, to shape a peace that is built on the promise of freedom and dignity for every human being.
We believe in a generous America, in a compassionate America, in a tolerant America, open to the dreams of an immigrant’s daughter, who studies in our schools and pledges to our flag. To the young boy on the south side of Chicago, who sees a life beyond the nearest street corner. To the furniture worker’s child in North Carolina who wants to become a doctor or a scientist, an engineer or an entrepreneur, a diplomat or even a president — that’s the future we hope for. That’s the vision we share. That’s where we need to go—forward. That’s where we need to go.
Now, we will disagree, sometimes fiercely, about how to get there. As it has for more than two centuries, progress will come in fits and starts. It’s not always a straight line. It’s not always a smooth path.
By itself, the recognition that we have common hopes and dreams won’t end all the gridlock or solve all our problems or substitute for the painstaking work of building consensus and making the difficult compromises needed to move this country forward. But that common bond is where we must begin.
Our economy is recovering. A decade of war is ending. A long campaign is now over. And whether I earned your vote or not, I have listened to you, I have learned from you, and you’ve made me a better president. And with your stories and your struggles, I return to the White House more determined and more inspired than ever about the work there is to do and the future that lies ahead.
Tonight you voted for action, not politics as usual. You elected us to focus on your jobs, not ours. And in the coming weeks and months, I am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together. Reducing our deficit. Reforming our tax code. Fixing our immigration system. Freeing ourselves from foreign oil. We’ve got more work to do.
But that doesn’t mean your work is done. The role of citizen in our democracy does not end with your vote. America’s never been about what can be done for us. It’s about what can be done by us together through the hard and frustrating, but necessary work of self-government. That’s the principle we were founded on.
This country has more wealth than any nation, but that’s not what makes us rich. We have the most powerful military in history, but that’s not what makes us strong. Our university, our culture are all the envy of the world, but that’s not what keeps the world coming to our shores.
What makes America exceptional are the bonds that hold together the most diverse nation on earth. The belief that our destiny is shared; that this country only works when we accept certain obligations to one another and to future generations. The freedom which so many Americans have fought for and died for come with responsibilities as well as rights. And among those are love and charity and duty and patriotism. That’s what makes America great.
I am hopeful tonight because I’ve seen the spirit at work in America. I’ve seen it in the family business whose owners would rather cut their own pay than lay off their neighbours, and in the workers, who would rather cut back their hours than see a friend lose a job. I’ve seen it in the soldiers who reenlist after losing a limb and in those SEAL’s who charged up the stairs into darkness and danger because they knew there was a buddy behind them watching their back.
I’ve seen it on the shores of New Jersey and New York, where leaders from every party and level of government have swept aside their differences to help a community rebuild from the wreckage of a terrible storm. And I saw just the other day, in Mentor, Ohio, where a father told the story of his 8-year-old daughter, whose long battle with leukemia nearly cost their family everything had it not been for health care reform passing just a few months before the insurance company was about to stop paying for her care.
I had an opportunity to not just talk to the father, but meet this incredible daughter of his. And when he spoke to the crowd listening to that father’s story, every parent in that room had tears in their eyes, because we knew that little girl could be our own. And I know that every American wants her future to be just as bright. That’s who we are. That’s the country I’m so proud to lead as your president.
And tonight, despite all the hardship we’ve been through, despite all the frustrations of Washington, I’ve never been more hopeful about our future. I have never been more hopeful about America. And I ask you to sustain that hope. I’m not talking about blind optimism, the kind of hope that just ignores the enormity of the tasks ahead or the roadblocks that stand in our path. I’m not talking about the wishful idealism that allows us to just sit on the sidelines or shirk from a fight.
I have always believed that hope is that stubborn thing inside us that insists, despite all the evidence to the contrary, that something better awaits us so long as we have the courage to keep reaching, to keep working, to keep fighting.
America, I believe we can build on the progress we’ve made and continue to fight for new jobs and new opportunity and new security for the middle class. I believe we can keep the promise of our founders, the idea that if you’re willing to work hard, it doesn’t matter who you are or where you come from or what you look like or where you love. It doesn’t matter whether you’re black or white or Hispanic or Asian or Native American or young or old or rich or poor, able, disabled, gay or straight, you can make it here in America if you’re willing to try.
I believe we can seize this future together because we are not as divided as our politics suggests. We’re not as cynical as the pundits believe. We are greater than the sum of our individual ambitions, and we remain more than a collection of red states and blue states. We are and forever will be the United States of America.
And together with your help and God’s grace we will continue our journey forward and remind the world just why it is that we live in the greatest nation on Earth.
Thank you, America. God bless you. God bless these United States.