Tag: News

Marine Insurance – Exchange Rates Insurance News

Large amounts of international trade and many limits and sums insured for Marine insurance contracts are negotiated in a currency other than Australian Dollars (A$).

Fluctuating rates of exchange between currencies are common with most entities exposed to this area implementing forms of hedging or risk management to reduce the likely impact on their business.

Where rapid and significant variances occur together, the best laid hedging and risk management plans may not be sufficient to completely eliminate impact on a business.

This bulletin highlights some of the exchange rate issues which may impact Marine insurance covers.

Currency and Trade

The currency of the United States of America (US$) is recognised as the international currency of trade, shipping and to a lesser extent,aviation. Some other currencies, notably the Euro have a showing in trade contracts however, the US$ is predominant.

Sale and purchase agreements will often impose the trade currency of choice as US$ which eventually leads most non-USA domiciled traders, sellers or buyers into a foreign currency transaction and exposure to exchange rate fluctuation.

Business plans, projects and actual transactions which establish profit or transaction margins on an expected exchange rate level can be eroded or extinguished where rapid exchange rate fluctuation occurs.

Likely Marine Impact

(where exposed to foreign currency or overseas supply)

Hulls – revaluations may be desirable as machinery/parts cost increase.

Cargo – Limits of liability may need review and a watch put on turnover and sendings to ensure a blowout in figures does not give the insured a surprise at time of adjustment.

Liability Limits – may need review.

Claims Impact

Claims requiring payment in foreign currency will need conversion from A$ with resultant monitory impact to the claims record of the insured. The replacement of components and parts sourced from overseas may attract inflationary influences due to exchange rate fluctuation.

Insurer Capacity

Insurer per risk capacities will often be established on an annual basis following renewal of treaty reinsurance. Rapid and significant variations in exchange rates can lead to short term capacity constraints on risks with large limits or sums insured in foreign currency.

Where rapid and significant exchange rate variations occur, care should be taken to accurately assess and react to any adverse impact on insurance coverage.

Disclaimer: This bulletin is for information purposes only and is not legal advice.

How To Use News To Get On The News

Why wait for media coverage? Don’t wait – create! Most companies and organizations send news releases to the media only when they want to publicize an event, a new product unveiling, a stock offering, an expansion or a groundbreaking to name just a few. But these things don’t happen very often during the course of the year which means you’re making only a couple of contacts with the media each year. Also, with such limited contact, the odds of the media covering your events are not in your favor. So instead of waiting for something to happen at your company or organization that you think is worth alerting the media about, why not create an endless stream of story ideas and news releases that you could send to the media at least twice a month? Twice a month would mean twenty-four media contacts per year instead of your current one or two which would certainly increase your chances of obtaining coverage. So where do these story ideas come from, you ask? Very simply, they come from stories you read and hear about everyday on radio, magazines, newspapers and even your own company newsletter as well as your industry’s trade publications. Simply look for stories that are making national news and find the angle that connects your company to the story. Local news organizations absolutely love local angles to national stories. The following news article from the Associated Press serves as a perfect example:

MILWAUKEE (AP) – In his younger days, Jason Heiman used to play a little hoops for Edgewood College in Madison. Today he still knows his way around a basketball court but in a far different way. As president of the Waukesha-based Jason Thomas Flooring, Heiman’s company recently completed fabricating and finishing three of the 16 portable basketball floors the NCAA has commissioned for this year’s national men’s and women’s basketball tournaments.

Local news organizations, in this case in the state of Wisconsin, love this stuff! A local company with a direct connection to what is arguably the most watched sporting event in America. When wildfires, floods or tornadoes bring death the destruction to parts of our nation, did the local bottled water company ramp up production and send emergency shipments a thousand miles away? Did the local paper products company get the contract to make napkins for the President’s inaugural ball? Are there one or more people at your company training together to run the Boston Marathon – a national event millions of people are certainly interested in.

Don’t miss out on these opportunities. The reason many companies and organizations do miss out is because they don’t normally think of this stuff. They’re too busy doing what they do! Few people think in terms of the national impact of their everyday, mundane jobs. Turn the mundane into media coverage. Don’t wait – create!

Marketing With Social News Sites

There are a number of things you can do to improve your social news site.Interacting and being social as much as possible is a great part of being successful online. By setting up a blog you can interact with your visitors easily.

A fantastic way to network and socialize with people on the internet is to have a blog. Too many entrepreneurs tend to hide behind their web site. While it is important you invest a great deal of time into your web site, it is even more important you show people your true personality.Blogging gives you the opportunity to do just that.

Just as you have to market your social news site, you will want to market your blog as well. This allows people to know about the blog and what it has to offer. You want people to know that your site has more to offer than the same repetitive content you see all over the internet. And having fresh and enticing content can be a great way to get people to come to your blog.

There are a few ways you can go about blog marketing. First, write as many articles as possible and submit them to article directories. As mentioned, there is a lot of duplicate content online. By writing articles, you can display your knowledge on various topics and show what kind of ideas you have. People will come to your blog when you place a link to your blog in the resource box.

Being social is very important with your social news site, it is extremely important when marketing a blog too. Posting in forums is similar to blogs in that you post on a particular topic and get the chance to interact with a number of people who are interested in what you have to say. You are not the only one leading the conversation, this is the only difference; you are just contributing and adding to a thought and idea.

The first two ways you can market your blog will not cost you a penny. You may have to purchase advertising if you are looking for immediate exposure to your blog. You can pay for a spot in the search engines which cost a lot of money, or you can place banners of your blog on other peoples blogs for much less. Paid advertising is not cheap, so make sure to pay enough to reach a top position; otherwise it is pointless.

If you are hoping to have success with your social news site, it is vital you are social and try to network. Having a blog can be a great way to do this. You can reel in people to your blog, get new business contacts and socialize through your blog by using the blog marketing methods listed in this article.

News – Get Your News Noticed by the Right People, Build a Targeted Press and Media List

Getting your news out there in the public domain takes time and effort. You need to create or mould your news story but you also need to ensure that your news is targeted at the right press and media. For smaller organisations that may not have access to a PR department, consultant or agency then the task can seem daunting.

If you want to build a list yourself then where do you start? Thankfully there are many resources you can tap into and, with the rise of the internet, there are even more opportunities to build a list relatively cheaply to get your PR off to a flying start. Firstly, think about your audience – that is the key.

Focus on the people, organisations etc you want to target with your PR efforts – who do you want to get your news to? What publications do they read, where do they get their news and information, what programmes do they watch and listen to? If you don’t know, then simply ask your customers or prospects. There will also, of course, be publications and programmes that you may not be aware of.

The resources below should help you on your way to building your list – identifying the right publications and programmes and getting up-to-date contact details:

  • The Newspaper Society has a searchable online database of Britain’s regional and local newspapers

  • The Guardian Media Directory – a useful desk reference guide for

  • http://www.mediauk.com/ is a useful alphabetical search tool for newspapers, magazines, television and radio if you have a good idea of what you are looking for

  • For links to sites of national and regional UK newspapers publishing online, plus news portals, magazines and TV / Radio news sites: http://www.wrx.zen.co.uk/alltnews.htm

  • The Writers’ and Artists’ Yearbook or the Writer’s Handbook are also useful reference tools. You can usually find one or other of these in the reference section of reasonably-sized book shop or in the library. They include press and media listings bit also a range of other information and articles

  • You can buy Willings Press Guide for advertising and editorial contacts – use a search engine to find their listing online. Three guides are available: United Kingdom; Western Europe (excluding the United Kingdom); and World (excluding the United Kingdom and Western Europe).

  • There are also a number of tools and services that are much more expensive but useful if you are taking your PR to the next level or have a big budget. Use a search engine and type in ‘media disk’ to look at some of the other tools available.

The work is not finished once you have your list. More research is needed – you need to get a named contact and to check that they are in fact the person you should send your news or ideas to. In addition, it’s useful to check how they like to be contacted and what deadlines they work to. All this is useful information to help you in being targeted with your approaches – getting your news to the right people.

Private Jet Detailing And Aircraft Cleaning Entrepreneurs Have Good News For 2017

The general aviation sector has been in the doldrums for quite a while. Some blame this on increased FAA (Federal Aviation Administration) regulations, much of which occurred after 9-11 to protect airports from potential terrorists, unfortunately these increased security requirements and increased regulations have stifled the general aviation (GA) sector. The economic crashes of 2000 and 2008 didn’t help, although in 2003 the economy was flying high thanks to Bush Tax Cuts and stimulus, then it hit a wall again and didn’t really do well until the run-up just before the 2008 crash.

The GA sector has only slightly recovered since then but not back to its 2003 highs. When Obama got elected he railed against Corporate Jets and Corporate Fat Cats which hurt jet sales and new aircraft sales. Remember when congress went after the Auto Makers for flying their corporate jets to Washington DC to beg for bailouts? Public sentiment against GA was at an all-time low.

All of this had hurt aircraft cleaners and jet detailers – it made it tough to make money, but it looks like things are changing and the number of GA Aircraft is increasing. This new Trump Administration is pro-Aviation unlike the Obama Administration. Cutting corporate taxes will also help GA and jet sales. It looks like clear skies ahead for those in the General Aviation services business.

There was a great article in AIN – Aircraft International News – December Edition titled; “UBS Bizjet Index Sees Post-election Surge,” by Chad Trautvetter posted on December 12, 2016 which noted the following facts; The new Trump Administration in the U.S. is widely seen as a positive, with 61 percent of those surveyed expecting the outcome of the U.S. presidential election to ultimately be positive for the business jet market, while 11 percent don’t see a positive impact and 28 percent are uncertain.

In fact the article went on to note that there was an increase of between 44-49% increased orders for private jets over last year. Many of those aircraft will be delivered by 2018, and the backlog will increase used aircraft sales and current new inventory. More aircraft certainly means more aircraft to clean and more new aircraft means more corporate detailing customers as well. Meanwhile, along with the fractional jet market, we see jet air-taxi services on the increase as well as Uber style aircraft ride-sharing plans smaller companies can buy into. All of this means the GA sector is ready to take off again and that’s good for business.

What to Look For in a Good Tech News Website

If you are a huge fan of tech news, then you are probably one of those who are always on the lookout for a better website than the one they already read. And in the quest for the best source of up-to-date information on the latest gadgets and gaming news, you probably have a list of criteria that you use as a checklist. Here is a brief description of some of them. Some of these may match yours while others could be new to you. In the end, they are all useful and work well to help you find the right source that will not only solve your tech queries, but also introduce you to a whole new world of knowledge and facts that you were hitherto unaware of.

* Information About The Biggest Companies

The best source of technology news is a website that carries stories about the big companies in the business that do a lot to influence the market. While there are many startups and entrepreneurs in the business, it is the big guns that hold sway, and it is these that most tech fans would like to follow. Therefore, if the website you are checking follows these companies, you can be sure that they know what they are talking about and recognize the forerunners in the business.

* New Innovations

The other thing about tech news is that along with the big guns, there are many startups and entrepreneurs who also need to be profiled. Maintaining a balance between these two is ideally what a website should do. Learning about new innovations and ideas is the way you can develop some of your own. And it also encourages interesting discussions both between the innovators and the rest of the tech world.

* Discussion Platforms

A good tech news website will also attract a large number of bloggers and surfers who are very knowledgeable on the subject and have interesting things to say at the same time. This creates a platform where open discussions can be held that serve both to critique and contribute to the creating of cutting edge technology. Therefore a website that encourages two way communications is definitely something you want to access and be part of. And it can do this in several ways, some of which include a message board or a blog where both experts and users can post their comments. And with social networking sites now operating to change the way we communicate, there are more ways in which websites find ways to keep their visitors involved and clued in.

* Software And Demos

What every gadget fan always dreams of having is access to the latest software of a demo version of a new release. And if a tech news websites allows them to preview these, then it definitely gets a ton of brownie points. Doing this as a tie up with the concerned company is of course the legitimate way to do it and will also encourage visitors to respect intellectual property and copyright rules.

Thus, these are some of the criteria you can use while looking for a good tech news website. If you keep at least some of these in mind then you can be sure that the site you access is helpful and best suited to your need.

News in Touch

News is essential to be in touch with the latest happenings in the world. Unfortunately news has become something unreliable as a result of biased information presented by broadcasting co-operations and news service providers but it is important to be aware about updates in the world we live in. It may seem overwhelming at times but being informed with the current events around the world would help you to be on top of things wherever you are.

News provide the latest information about current affairs that occur politically; technologically as well as in business and we must consider ourselves as privileged to be educated about them at present unlike the ancient days where global information was the least available. In general, people in all walks of life read news and everyone have their own desired category to read. Whatever your interest maybe, it is important to be educated about the current activities that happen around the globe and maybe beyond. As a younger reader, news feeds in Twitter, Facebook or Perez Hilton would find very interesting, but these do not provide the general knowledge which is part of education. Therefore you need to be informed about all extents; no matter you are young or old.

Think about the world leaders. How many of the names of the world’s presidents or prime ministers are you aware of? If you know it all, you are well updated but if you are not, it is time to read. Understanding about the society that you live in and the societies around the world are significant as we are living in a globalized village.

Haven’t you felt clueless about your surroundings when you return home after a long holiday? Similarly you would feel ill-informed about the affairs around the world without making yourself educated about the news. Of course, it is not as easy as it sounds and would be the most uninteresting toil to sit at one place and read news but today the option of reading news online on desktop, laptop or even on mobile phone is available.

Newspaper companies have enabled their news to be read online but they are updated instantly. However, the latest news can be attained through news aggregators who are available online on the internet. A news aggregator is a web application which aggregates syndicated web content such as news headlines, blogs, podcasts and video blogs that arise globally within one site for easy and quick viewing. Online aggregators provide up to date information on various categories such as business, technology, entertainment, politics, travel, health, world news and many more where interesting and useful information on every topic is available. This helps to be in touch with all latest affairs at one place at one time as and when it happens.

News Profiteer Review

Henry Liu is not a savant by the regular definition books of Forex trading, He has never traded for any bank, or directly even for a trader but he has smartly panned out his Forex trading ideas in a way that it is helping many retail Forex traders get the best out of their business. His news profiteer system bases itself on fundamental news releases. He tries and sees the entire Forex trading through different eyes. According to him there is always the technical angle present to a trader. It makes him evaluate various lines of market trends, and candlestick charts. Further there are the Fibonacci retracements to consider. The technical angles though, do not prepare a trader for few market uncertainties. There is also the mental angle, one which lets a trader gain a toehold on associated baits of money which results in excess greed and fear.

Henry Liu believes that the entire trading market with all its experience miss out on a very precious dictum. It is thought about a hundred thousand times but trade pundits deliberately give it a miss. It is fundamental news trading. Henry Liu, in his newsletter tries to give such fundamentally tradable news and his neutral views on their impact. According to him market impact of such news is unexpectedly high and yet the boardroom dividend declarations and important mergers get a miss in the trader’s book. So Liu in his news profiteer review gives all neutral review on tradable news, those which have a high impact on market and adds details of trade inclusive of time of news release, related figures and course of action after the new is out; whether it is time to sell or buy.

In his e-book he prescribes great ways to always remain on the better flank of the system and generate as many as 25-30 pips per trade. The news profiteer system aims to eliminate the inconsistency gradient associated with trading and effectively does so. People especially love it when Henry Liu focuses on a number lesser or greater than the amount of pips. It is then that his erudition in the field comes to the fore. He can trade London, he can trade Nikkei and within any possible timeframe. The good part is, through his news profiteer review he lets us trade as well and profit from it. 25-30 pips per trade are no mean business and it is all possible by paying heed to fundamental news releases.

Henry Liu suggests that there are two kinds of traders; those who learn all the technical jargon of the subjects and understand its execution. Such people grace forums and online trade rooms but there is never enough shekels in there live accounts. Others who only understand the theory of rally and correction, support and resistance but learn the effect of fundamental news on world Forex trade and end up being the eventual winners. News profiteer helps you get the best knowledge of market cycles, precise times for entry and exit from the markets and much more. Believe in the power of news release and you will draw shekels you never thought possible.

List Building Through News Releases

You might think it incredulous, but having news releases can really help build your internet marketing career. In what way, you may ask? For one thing, it is part of that thrust of the business which constitutes article marketing. If you are having news releases regularly, there are a host of benefits you can expect from it while building your list:

It builds credibility.

This is the most obvious advantage of concocting your own news releases. You get to have more credibility when it is disseminated. The fact that it is a form of news article renders it with a sense of immediacy and eliminates the light perspective with which feature articles are viewed. When you have a news release, there will be facts, updated facts about your business and will have more people interested since it is urgent and in the news.

It builds links back to your site.

Since you will be giving out information about your website, your updates and your business within a news release, it really helps build links back to your site. People who will be administering those news releases to their readers will be compelled to link back to you so that your readers will be able to reach you if they have additional questions. Since interests are to be raised when the information is disseminated via a news release, you will find that there will be more links to your site.

It is a good way to acquire media attention.

The free publicity is what makes news releases so appealing to the internet marketer. If you are able to make your news releases more viable and attractive, the media will be really committed to getting updates on you and keeping tabs on you on a regular basis. It all boils down to how “news worthy” your news release is.

It is an alternative to fullblown advertising attempts.

Fullblown advertisements are unwieldy, tedious and not to mention extremely expensive. If you are really after maximum exposure at minimal cost, then go ahead and make that news release available. It is a very suitable alternative to advertising campaigns, and I am telling you that it will yield the same effect.

It is shorter than press releases and more up to date.

Press releases contain some sort of history of your business and all those other stuff few people would take the time to read. Some people do not like press releases because it is time-consuming as reading material. On the other hand, news releases are shorter and pretty much gives you a bold introduction to those who may not have heard of you prior to seeing the news release.

A news release can be very challenging to make. You have to strike the balance between sticking to the facts and promoting yourself. The good thing about news releases is that it costs little for you to make use of. If you are well able to incorporate this with other styles of building site traffic, then you are definitely on your way to becoming a master list builder.

A Review of the Top Three MLM News Articles

Multi-level marketing – commonly known as MLM – is constantly changing. It is adapting to a world on online sales and the Internet, making it easier for direct sellers to get the word out about their products and business.

It allows them an almost free way to advertise and it provides current information on trends, tips, tricks, and techniques that people in the business use to make their business a success. MLM news is just as important for businesses as anything else because it is here that you will find out about legislation changes, business problems, and new start-up companies.

Three of the best MLM news articles dealing with direct selling issues. One set of articles, ‘The Ten Big Lies of Multi-Level Marketing’, is a detailed series explaining how the business model of most MLM companies is flawed. These articles were originally hosted on the website Pyramid Scheme Alert.org, a site dedicated to helping people recognize organizations that are running illegal schemes and other direct selling information.

Unfortunately, this series of articles do not seem to be available unless they are in the archives. If that is the case, there is no search capability and you will have to spend the time to find them. There is also a great deal of information on that website and it is worth your time to peruse what is there.

The second article of the best MLM news is one that is hosted on Quatloos. Entitled ‘Federal Trade Commission’s “Bottom Line About Multi-Level Marketing Plans”‘, this article covers everything you need to know about spotting a bogus selling plan and how to stay away from it. It provides a nice list of facts and points to watch out for when you are researching the company or companies you are interested in getting involved with.

Keep in mind that it takes work to build any business, including a direct marking one, and that anyone promising you that you’ll be on the road to riches when you get your start-up kit really has no idea what they are talking about. The article strongly advises that you research the company thoroughly.

And lastly, another article hosted by Quatloos that focuses on MLM news is the ‘IRS Agent Pleads Guilty in The Tax People Case’. This news write up discusses the case of Thomas Steelman, Sr., a former IRS agent who promoted a bogus direct selling company called The Tax People. Supposedly this company was fabricating home based business deductions in a tax pyramid scheme. In a four year period, Steelman defrauded people out of $100 million dollars.

This is the kind of information anyone that is involved with a direct selling operation needs to keep on top of. By reading MLM news, marketers and customers alike will know which companies are in trouble, which companies are legitimate, and which ones to completely steer clear of. No matter what type of business you are involved in, it is always advisable to do your homework and research everything and anything you can.

Also, remember to be honest in your advertising and marketing. If you fell a product you are selling isn’t working as well as the main company says, do the right thing and warn your customers about it instead of leading them astray. That road leads to many problems.

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