Sunday, December 2, 2012

Starbucks says may pay more UK tax

LONDON (Reuters) - Coffee chain Starbucks said it was considering changes to its UK tax practices, which allowed it to make billions in revenue while paying little in income taxes, following criticism from lawmakers, tax campaigners and the media.

A Reuters examination of Starbucks accounts published in October showed the company had reported 13 years of losses at its UK unit, even as it told investors the operation was profitable and among the best performing of its overseas markets.

The chain's UK unit paid no corporation tax - a tax on a company's income - in the last three years for which figures are available and has only paid 8.6 million pounds income tax since 1998, despite racking up 3 billion pounds ($4.8 billion) of sales.

The revelations led to calls for a boycott of the store and protests at its branches, and the company's Chief Financial Officer Troy Alstead was called to give evidence to a parliamentary committee.

Starbucks repeated on Sunday that it had always complied with British tax laws and blamed its low tax payments on a tough operating environment in the UK.

However, a spokeswoman added in an emailed statement that the public mood had caused the company to reconsider its tax arrangements, which include intercompany royalty and interest payments that reduce the UK unit's taxable profit.

"We have listened to feedback from our customers and employees, and understand that to maintain and further build public trust we need to do more," she said.

"As part of this we are looking at our tax approach in the UK. The company has been in discussions with HMRC for some time and is also in talks with The Treasury," she added.

The company, the largest coffee chain in the world, with a market value of $39 billion, said it would release more details later this week.

The Public Accounts Committee, which grilled Alstead and managers from Google and Amazon over their tax planning, is due to release its report on corporate taxation in the UK on Monday.

($1 = 0.6240 British pounds)

(Reporting by Tom Bergin; Editing by Will Waterman)

Source: http://news.yahoo.com/starbucks-says-may-pay-more-uk-tax-145356101--sector.html

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hugh's Site - Irish Olympic Stars Amongst Sports Scholarship ...

News feed for Trinity College Dublin.

Nov 30, 2012

Twenty students were awarded Sports Scholarships by Trinity College Dublin at a special presentation on November 28th last.? Amongst the recipients are 3rd year student Natalya Coyle (Modern Pentathlon) and Freshman Scott Flanigan (Sailing), both of whom participated at the ultimate sporting stage in London this summer at the Olympic Games.

Presented by double Olympic Hockey medallist and CEO of the Olympic Council of Ireland, Dr Stephen Martin, MBE, a total of 11 sports are represented in this year?s list of awards. Through the Sports Scholarship Programme talented sports students are offered a comprehensive support package to assist with their aspiration of sporting excellence alongside academic achievement.

Commenting on the value of the Sports Scholarship Programme to the College, Head of Sport & Recreation, Michelle Tanner, said: ?These students are phenomenal. They are role models and an inspiration to us all. In this, the 20th year of the Sports Scholarship Programme, Trinity College recognises evermore the importance of supporting these students through academic flexibility and providing the right environment in which they can excel both as a sportsperson and an individual?.

Natalya Coyle, Trinity Sports Scholarship recipient and Olympian, Prof Cyril Smyth, Chairman, DUCAC, Dr Stephen Martin (MBE), CEO, Olympic Council of Ireland, Scott Flanigan, Trinity Sports Scholarship recipient and Olympian and Michelle Tanner, Head of Sport and Recreation, TCD.?

Natalya Coyle was the first female to represent Ireland in Modern Pentathlon at the Olympics and achieved an amazing 9th place finish on the final day of competition in London.? Natalya?s ability to balance the rigours of competing at the highest level, alongside academic commitments, is made possible by the flexibility afforded to her by Trinity College in respect of her studies.

Fellow Olympian Scott Flanigan is a first-time recipient of a Trinity Sports Scholarship having deferred his entry to Trinity for a year to concentrate on qualification and competing at the Games in London.? Scott was the youngest competitor in the 470 Class event and his sights are now very firmly set on Rio Games in 2016.

The list of the 2012/13 academic Sports Scholarship recipients reflects a depth of talent at club, county, provincial and national level.? The recipients are: Air Rifle shooter and PhD student Aisling Miller who receives her second scholarship award and is joined in her sport this year by Victoria Mullin from Surrey;? Jack Reynolds and David Minihane who are recognised for their achievements in Association Football and five GAA awards were made to Jacinta Brady (Ladies Football), Tomas Corrigan, Daragh Daly and Stephen Cunningham (Men?s Football) and Waterford?s Paul Coughlan (Hurling); Harvard University graduate Brian Hill (Athletics), Stephen Ludgate, Connor Montgomery, Eanna Horan and Nicola Walsh (Hockey), Brian Meehan (Karate), Tom Brennan and Iomhar MacGiolla Phadraig (Kayak) and Rosalind Hussey (Orienteering).

Source: http://www.tcd.ie/Communications/news/news.php?headerID=2796&vs_date=2012-11-30

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Source: http://hughbishop7.multiply.com/journal/item/431/Irish-Olympic-Stars-Amongst-Sports-Scholarship-Recipients

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Saturday, December 1, 2012

Kenya village pairs AIDS orphans with grandparents

In this photo taken Wednesday, Nov. 21, 2012, a young schoolboy makes handstands during break in the yard of the Hot Courses Primary School, in the village of Nyumbani which caters to children who lost their parents to HIV, and grandparents who lost their children to HIV, with the bookend generations taking care of one another, in Kenya. Saturday, Dec. 1, is World AIDS Day, and UNAIDS says that as of 2011 an estimated 23.5 million people living with HIV resided in sub-Saharan Africa, representing 69 percent of the global HIV burden, with eastern and southern Africa the hardest-hit regions. (AP Photo/Ben Curtis)

In this photo taken Wednesday, Nov. 21, 2012, a young schoolboy makes handstands during break in the yard of the Hot Courses Primary School, in the village of Nyumbani which caters to children who lost their parents to HIV, and grandparents who lost their children to HIV, with the bookend generations taking care of one another, in Kenya. Saturday, Dec. 1, is World AIDS Day, and UNAIDS says that as of 2011 an estimated 23.5 million people living with HIV resided in sub-Saharan Africa, representing 69 percent of the global HIV burden, with eastern and southern Africa the hardest-hit regions. (AP Photo/Ben Curtis)

In this photo taken Wednesday, Nov. 21, 2012, children attend an outdoor Christian prayer session in front of a mural on the side of the meeting hall in the village of Nyumbani which caters to children who lost their parents to HIV, and grandparents who lost their children to HIV, with the bookend generations taking care of one another, in Kenya. Saturday, Dec. 1, is World AIDS Day, and UNAIDS says that as of 2011 an estimated 23.5 million people living with HIV resided in sub-Saharan Africa, representing 69 percent of the global HIV burden, with eastern and southern Africa the hardest-hit regions. (AP Photo/Ben Curtis)

In this photo taken Wednesday, Nov. 21, 2012, grandmother Janet Kitheka, 63, center, collects her adopted "grand-daughter" Lucy, 13, right, at the end of the school day in the yard of the Hot Courses Primary School, in the village of Nyumbani which caters to children who lost their parents to HIV, and grandparents who lost their children to HIV, with the bookend generations taking care of one another, in Kenya. Saturday, Dec. 1, is World AIDS Day, and UNAIDS says that as of 2011 an estimated 23.5 million people living with HIV resided in sub-Saharan Africa, representing 69 percent of the global HIV burden, with eastern and southern Africa the hardest-hit regions. (AP Photo/Ben Curtis)

In this photo taken Wednesday, Nov. 21, 2012, children attend morning assembly in the yard of the Hot Courses Primary School, in the village of Nyumbani which caters to children who lost their parents to HIV, and grandparents who lost their children to HIV, with the bookend generations taking care of one another, in Kenya. Saturday, Dec. 1, is World AIDS Day, and UNAIDS says that as of 2011 an estimated 23.5 million people living with HIV resided in sub-Saharan Africa, representing 69 percent of the global HIV burden, with eastern and southern Africa the hardest-hit regions. (AP Photo/Ben Curtis)

In this photo taken Wednesday, Nov. 21, 2012, children sing the lullaby "Twinkle, Twinkle, Little Star" during class at the Hot Courses Primary School, in the village of Nyumbani which caters to children who lost their parents to HIV, and grandparents who lost their children to HIV, with the bookend generations taking care of one another, in Kenya. Saturday, Dec. 1, is World AIDS Day, and UNAIDS says that as of 2011 an estimated 23.5 million people living with HIV resided in sub-Saharan Africa, representing 69 percent of the global HIV burden, with eastern and southern Africa the hardest-hit regions. (AP Photo/Ben Curtis)

(AP) ? There are no middle-aged people in Nyumbani. They all died years ago, before this village of hope in Kenya began. Only the young and old live here.

Nyumbani was born of the AIDS crisis. The 938 children here all saw their parents die. The 97 grandparents ? eight grandfathers among them ? saw their middle-aged children die. But put together, the bookend generations take care of one another.

Saturday is World AIDS Day, but the executive director of the aid group Nyumbani, which oversees the village of the same name, hates the name which is given to the day because for her the word AIDS is so freighted with doom and death. These days, it doesn't necessarily mean a death sentence. Millions live with the virus with the help of anti-retroviral drugs, or ARVs. And the village she runs is an example of that.

"AIDS is not a word that we should be using. At the beginning when we came up against HIV, it was a terminal disease and people were presenting at the last phase, which we call AIDS," said Sister Mary Owens. "There is no known limit to the lifespan now so that word AIDS should not be used. So I hate World AIDS Day, follow? Because we have moved beyond talking about AIDS, the terminal stage. None of our children are in the terminal stage."

In the village, each grandparent is charged with caring for about a dozen "grandchildren," one or two of whom will be biological family. That responsibility has been a life-changer for Janet Kitheka, who lost one daughter to AIDS in 2003. Another daughter died from cancer in 2004. A son died in a tree-cutting accident in 2006 and the 63-year-old lost two grandchildren in 2007, including one from AIDS.

"When I came here I was released from the grief because I am always busy instead of thinking about the dead," said Kitheka. "Now I am thinking about building a new house with 12 children. They are orphans. I said to myself, 'Think about the living ones now.' I'm very happy because of the children."

As she walks around Nyumbani, which is three hours' drive east of Nairobi, 73-year-old Sister Mary is greeted like a rock star by little girls in matching colorful school uniforms. Children run and play, and sleep in bunk beds inside mud-brick homes. High schoolers study carpentry or tailoring. But before 2006, this village did not exist, not until a Catholic charity petitioned the Kenyan government for land on which to house orphans.

Everyone here has been touched by HIV or AIDS. But only 80 children have HIV and thanks to anti-retroviral drugs, none of them has AIDS.

"They can dream their dreams and live a long life," Owens said.

Nyumbani relies heavily on U.S. funds but it is aiming to be self-sustaining.

The kids' bunk beds are made in the technical school's shop. A small aquaponics project is trying to grow edible fish. The mud bricks are made on site. Each grandparent has a plot of land for farming.

The biggest chunk of aid comes from the United States President's Emergency Plan for AIDS Relief (PEPFAR), which has given the village $2.5 million since 2006. A British couple gives $50,000 a year. A tree-growing project in the village begun by an American, John Noel, now stands six years from its first harvest. Some 120,000 trees have already been planted and thousands more were being planted last week.

"My wife and I got married as teenagers and started out being very poor. Lived in a trailer. And we found out what it was like to be in a situation where you can't support yourself," he said. "As an entrepreneur I looked to my enterprise skills to see what we could do to sustain the village forever, because we are in our 60s and we wanted to make sure that the thousand babies and children, all the little ones, were taken care of."

He hopes that after a decade the timber profits from the trees will make the village totally self-sustaining.

But while the future is looking brighter, the losses the orphans' suffered can resurface, particularly when class lessons are about family or medicine, said Winnie Joseph, the deputy headmaster at the village's elementary school. Kitheka says she tries to teach the kids how to love one another and how to cook and clean. But older kids sometimes will threaten to hit her after accusing her of favoring her biological grandchildren, she said.

For the most part, though, the children in Nyumbani appear to know how lucky they are, having landed in a village where they are cared for. An estimated 23.5 million people in sub-Saharan Africa have HIV as of 2011, representing 69 percent of the global HIV population, according to UNAIDS. Eastern and southern Africa are the hardest-hit regions. Millions of people ? many of them parents ? have died.

Kitheka noted that children just outside the village frequently go to bed hungry. And ARVs are harder to come by outside the village. The World Health Organization says about 61 percent of Kenyans with HIV are covered by ARVs across the country.

Paul Lgina, 14, contrasted the difference between life in Nyumbani, which in Swahili means simply "home," and his earlier life.

"In the village I get support. At my mother's home I did not have enough food, and I had to go to the river to fetch water," said Lina, who, like all the children in the village, has neither a mother or a father.

When Sister Mary first began caring for AIDS orphans in the early 1990s, she said her group was often told not to bother.

"At the beginning nobody knew what to do with them. In 1992 we were told these children are going to die anyway," she said. "But that wasn't our spirit. Today, kids we were told would die have graduated from high school."

___

On the Internet:

http://www.trees4children.org/

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2012-11-30-Kenya-AIDS%20Village/id-af520cb1f96147f3be37e62e22724796

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APNewsBreak: Tribes raise $9M for sacred SD land

SIOUX FALLS, S.D. (AP) ? After months of high-profile fundraising that drew celebrities' attention and dollars, a group of Native American tribes has raised $9 million to buy a piece of land in South Dakota's Black Hills that they consider sacred, an official with an Indian land foundation said Friday.

The Indian Land Tenure Foundation president Cris Stainbrook told The Associated Press that the tribes raised enough money to purchase the land from its current owners. The foundation was one of several groups and organizations leading the effort to buy the land.

The deal was finalized Friday, which was the deadline for the tribes to raise the money.

The land, known as Pe' Sla, went up for sale after being privately owned. Members of the Great Sioux Nation have been allowed to gather there every year to perform rituals. The site plays a key role in the tribes' creation story, and members fear new owners would develop it.

Tribal leaders from three Sioux tribes ? Rosebud Sioux President Cyril Scott, Shakopee Mdewakanton Sioux Chairman Charlie Vig and Crow Creek Chairman Brandon Sazue ? released a joint statement Friday, saying they are happy to be able to reclaim one of their sacred sites.

Those three tribes were the only ones to contribute to the purchase, Scott said. Tribal leaders would not say how much each tribe contributed to the purchase.

The three leaders said they exercised their tribal sovereign authority.

"It's a great day for Indian Country," Scott said in a phone interview with The Associated Press. Scott also said that all Sioux tribal members are invited to the land and that tribal leaders plan to form a commission to preserve the land.

More than $900,000 was raised through online contributions, said Standing Rock Sioux tribal member Chase Iron Eyes. His company, Last Real Indians, led the online effort.

Earlier this year, landowners Leonard and Margaret Reynolds canceled a public auction of the property after tribal members expressed outrage. The Reynolds' then accepted the tribes' bid to purchase the land for $9 million.

The couple has repeatedly said they will not speak publicly about the land sale and did not return a message from The AP on Friday seeking comment.

The fundraising effort drew support from several celebrities. P. Diddy tweeted about it as did Bette Midler, who also donated. Midler said she was "happy and proud" to have helped out with the purchase.

"I've been talking about it to my friends, tweeting to the world and donating through my foundation because I think it's important for the soul of our nation," she said in a statement Friday.

Actor Ezra Miller, who appeared in the recently released film "The Perks of Being a Wallflower," and music producer Sol Guy flew to South Dakota last month to film a nine-minute documentary-style video about the land that was used as part of an online campaign to raise funds.

The fundraising effort has been a monumental and controversial undertaking for the Sioux tribes. An 1868 treaty set aside the Black Hills and other land for the Sioux, but Congress passed a law in 1877 seizing the land following the discovery of gold in western South Dakota.

A 1980 U.S. Supreme Court ruling awarded more than $100 million to the Sioux tribes for the Black Hills, but the tribes have refused to accept the money, saying the land has never been for sale. There are Sioux tribes in the Dakotas, Minnesota, Montana, Nebraska and Canada.

Some members of the Sioux tribes didn't agree with trying to purchase the land. Bryan Brewer, president-elect of the Oglala Sioux Tribe, said his tribe did not allocate any money to the land purchase.

"I'm still against buying something we own, but I'm thrilled the tribes' are buying it. I'm very happy about it," he said.

___

Follow Kristi Eaton on Twitter at http://twitter.com/kristieaton.

Source: http://news.yahoo.com/apnewsbreak-tribes-raise-9m-sacred-sd-land-212021230.html

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Congress looks at doing away with the $1 bill (The Arizona Republic)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, News Feeds and News via Feedzilla.

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Pope Benedict Biopic in the Works

One of the comic books I read quite a few times as a kid was Marvel's Pope John Paul II story. Seriously. Here's a link. For an unlikely comic, it's pretty compelling and traces his life as a young man and priest, his elevation to become Pope, and culminates around the 1981 assassination attempt on his life.?

Now we're in the age of biopics, there's news reports that German producers are developing a biopic of Pope Benedict XVI after acquiring the rights to an upcoming biography of the Pope by the Bavarian author of three best-selling interview books with the pontiff.

Producers Marcus Mende and Peter Weckert have said the film will cover all areas of Joseph Ratzinger's life and work from his birth on Easter night in 1927 in Marktl am Inn in Bavaria to his pontificate today.?

Personally I'm hoping that this isn't the usual TV-special treatment we see too often with this material, but a genuine theatrical biopic that has a potential beyond the invested audience. Emilio Estevez's pilgrimage film The Way was?one of my favourite cinematic experiences of 2012, so here's hoping these producers share similar lofty standards in bringing this to the big screen.

Source: http://www.rottentomatoes.com/m/1926360/news/1926360/

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Enterprise Directory Moves From Paper to Torrey Smith Official ...

A business directory assists buyers to find businesses that sell what they want. The directories used to come printed, usually on yellow pages. A buyer went towards the relevant category, looked via the listings, and phoned promising suppliers.

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Source: http://www.sub-add.eu/enterprise-directory-moves-from-paper-to-torrey-smith-official-jersey-pc-screen/

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