Showing posts with label He gave twice as much. Show all posts
Showing posts with label He gave twice as much. Show all posts

Sunday, January 3, 2010

Luxembourg funds woo UAE investors


Luxembourg, the second- largest investment fund centre after the US and an important private banking centre in the Europe, is trying to attract fund managers from the UAE to invest in registered funds there, people associated with the matter told Emirates Business.

As a part of the initiatives to attract investments from the UAE into the Luxembourg-registered investment funds, the Crown Prince of Luxembourg Prince Guillaume will visit the UAE on January 12.

Officials at Loyens & Loeff, a law firm that is sponsoring the events associated with the visit, said the prince will be accompanied by Luxembourg's Finance Minister Luc Frieden.

The visit comes close on the heels of a tax treaty becoming effective between the two countries. "The visit comes as a part of the efforts to attract the UAE fund managers and initiators to use Luxembourg -registered investment funds," said Stijn Janssen, Tax Advisor with Loyens & Loeff.

Prince Guillaume will also visit Bahrain.

While Bahrain already has about 600 Luxembourg-registered investment funds, the number is much lesser in the UAE. "We want more Luxembourg-registered funds to be launched in the UAE," Janssen said. He added that 10 Luxembourg-registered funds have been in launched in the country in the past one year.

"Four of these are Shariah-compliant funds," said Valerie Mantot Groene, Attorney at Law with Loyens & Loeff. These funds have been launched by the UAE-based financial institutions and are investing within the UAE and the GCC, Groene said. About 15 Luxembourg-registered funds have been launched in the UAE in the past two years, she said.

The UAE and Luxembourg have signed a tax treaty to avoid double taxation of companies. The treaty came into effect on January 1. The two countries have also signed an MoU to allow funds registered in one country to operate in the other.

"A Luxembourg-registered fund can operate from anywhere. However, it comes under the regulations of Luxembourg financial supervisory authority — the CSSF," Janssen said.

Prince Guillaume will address a seminar at the DIFC and meet Governor Humaid Al Tayer. Trade between the UAE and Luxembourg stood at Dh57 million in 2008 but is expected to rise much higher once the long-pending FTA between the UAE and European Union is signed. Luxembourg is Europe's leading centre for reinsurance companies. Of late, it has also been attracting several information technology companies.

This is the second high- profile visit from Luxembourg in recent months. Jeannot Krecke, Luxembourg's Minister of Economy and Foreign Trade, met UAE's Minister of Foreign Trade Sheikha Lubna bint Khalid Al Qasimi two months earlier.

Sheikha Lubna invited businesses in Luxembourg to benefit from the opportunities and facilities offered by the UAE for investors. She added that it was important for companies from Luxembourg to take part in the exhibitions and commercial shows staged in the UAE as they offer marketing, promotion and networking opportunities in the region.

Source:business24-7.ae/

Friday, January 1, 2010

Middletown native travels to Luxembourg for semester


When Hannah Bentz, 19, started her freshman year at Miami University of Ohio, she thought she wanted to major in business.
From the start, though, she didn't like it. Gentz, of Middletown , said she always had an interest in history and foreign cultures and decided to take a political science class. Soon, she switched her major to diplomacy and foreign affairs.

This month, Gentz will go to Luxembourg to continue her studies abroad for a semester.

She'll stay with a host family in Differdange, Luxembourg, a part of the trip she thinks will give her insights into the local culture that staying in a dorm would not.

Among history, political science and marketing courses, Gentz will take a French class, one of several languages commonly spoken in Luxembourg, she said.

Gentz has already purchased her Eurorail train pass, and plans to travel as much as her free time allows.

"I like seeing other cultures and ways of life, and hopefully, I can incorporate that into my work someday," she said.

This summer, Gentz will help organize a model United Nations summer camp at Frederick 's UNESCO Center for Peace.

While she's in Europe, she'll promote the camp and its broader ideals of maintaining peace in the world, she said.

"I would love to work for an international organization someday," she said.

Bentz said she also plans to keep up her international travels. She wants to visit some other countries in Europe she hasn't seen, and Australia and Russia.

Source:fredericknewspost.com/

Luxembourg PO/Tamayo: Xenakis: Complete Orchestral Works

Though not quite a complete survey of Iannis Xenakis's works involving ­orchestra — none of the choral pieces are included, nor several of the concertante ones — this is a wonderfully varied ­collection of superb studio ­performances by the Luxembourg ­Philharmonic under Arturo Tamayo ­recorded over the last seven years. Xenakis's music remains some of the most remarkable of the second half of the 20th century, with a physicality and architectural sense of shape and surface that are unique in our time. I doubt that anyone would want to play all five of these discs in succession — the music is simply too pungent, sometimes too overbearing in its impact to be taken in large quantities. But the range of the ­effects that Xenakis employs, his ­spectrum of string effects, the dense-packed dissonant clusters and the ­micro-polyphony that is moulded into lava-like streams of sounds is spell-­binding in its immediacy. Though it was music that always came with a wealth of mathematical theorising to support it, as Xenakis's career went on, it was the uniqueness of its impact as sound that seemed its most important quality; no one else has written music like this.

Source:guardian.co.uk/

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Saturday, December 26, 2009

GB shooters impress in Luxembourg


Britain's top disabled shooters were in record breaking form with a number personal bests at the Riac and Ibis Cup in Luxembourg.

The competition featured able-bodied shooters with Britain the only country to enter disability shooters as they prepare for the 2010 season.

Stilton-based Paralympic champion Matt Skelhon equalled the world record in the R3 10m air rifle prone category.

James Bevis achieved the same in the R5 category by shooting a perfect 600.

He then went on to register a personal best in the R4 10m air rifle standing with a score of 595 out of 600.

Kent's Nathan Milgate also put in some top performances and registered a score of 599 out of 600 in the R3 10m air rifle prone.

There were also international personal bests in the 10m air rifle standing for Mandy Pankhurst, Karen Butler, Adam Fontain and Richard Davies while Pankhurst and Fontain did the same in the 10m air rifle prone and Jean Guild and Andy Gardiner achieved the feat in their 10m air pistol events.

Team head coach Pasan Kularatne said: "I'm really pleased with the overall performance of the GB squad and specifically with all the international personal bests registered and the two perfect scores, which are equal to the world records.

"This competition was a great opportunity for the athletes to get vital international competition experience before the 2010 season."

Source:bbc.co.uk

Ambassador to Luxembourg: Who is Cynthia Stroum?


The American ambassadorship to Luxembourg has long been reserved as a post for rewarding political friends and benefactors of presidents. In the last 50 years, only three out of 21 U.S.

ambassadors to the tiny European country have been career diplomats. Cynthia Stroum, who was sworn in as Ambassador to Luxembourg December 7, 2009, is not one of them.

One of President Barack Obama’s biggest fundraisers, Stroum hails from a prominent Jewish family in Seattle whose patriarch was her father, Sam Stroum, a wealthy businessman (one-time owner of Schuck’s Auto Supply) and philanthropist (described as the “godfather of Seattle giving”). During the 1990s alone, her father and mother, Althea, reportedly gave $40 million to arts, educational, medical, human services and religious organizations, including the establishment of a $9 million foundation through the Jewish Federation of Greater Seattle and a generous gift to help build Benaroya Hall, the home of Seattle’s symphony. Sam Stroum was also credited for helping save the Seattle symphony from going bankrupt.

Cynthia Stroum earned a Bachelor of Arts in public relations and journalism from the University of Southern California. Her professional career has included working in the television and film industries, although she is best known for helping run her family’s holding company, Sam Stroum Enterprises.

Stroum has been an angel investor in more than 20 technology, biotechnology and retail start-up companies, including Starbucks Coffee Company. She also has been active on Broadway, helping produce the 2004 production of A Raisin in the Sun, which earned her a Tony nomination.

She has served on the board of the Fred Hutchinson Cancer Research Center and as the founding chairman of the board of the Pancreatic Cancer Action Network (PanCAN). She has also served on the board of the USC Shoah Foundation Institute.

Stroum served on President Obama’s finance committee during the presidential campaign. She was one of his key bundlers, pulling in at least $500,000 from numerous individual donors, according to OpenSecrets.org. She personally donated $10,000 to Obama’s presidential inauguration.

Stroum has been a major donor to Democratic Senators Maria Cantwell and Patty Murray, both of Washington, contributing $10,000 to each. Cantwell gave Stroum a “Woman of Valor” award at a private fundraising luncheon. Stroum has made four-figure donations to Senators Barbara Boxer (D-CA) and Jon Tester (D-MT), as well as to former Senator John Edwards (D-NC).

Stroum is a single mother with one daughter.

Stroum is credited with getting President Obama hooked on Fran’s Chocolates smoked salt caramels in milk chocolate.
-Noel Brinkerhoff

Source:allgov.com/

Luxembourg FM: East Jerusalem does not belong to Israel

Foreign Minister of Luxembourg, Jean Asselborn, said that east Jerusalem does not belong to Israel. "If it is occupied, it does not belong to Israel," he said at the opening of a convention for EU foreign ministers in Brussels.



Italian Foreign Minister Franco Frattini, on his part, said the EU should not decide on the fate of Jerusalem without proper negotiations. (AFP)

He gave twice as much


To hear John Eden of Culpeper talk so ardently about his service as a medic in World War II evokes chills, especially when the scene is snow-covered Europe and the Nazis last ditch attempt to push back the Allied Forces at the Battle of the Bulge.
“When that battle come, I thought we were goners,” said Eden of the clash Dec. 16, 1944 to Jan. 25, 1945.
“(Adolf) Hitler started pushing us and (U.S. General George S.) Patton told us, he said, ‘I don’t know how much you soldiers been giving, but I want you to give twice that.’”
And they did — in the deadly cold, rooting out Hitler’s army while suffering tremendous losses. American casualties amounted to 81,000, including 19,000 killed.
Eden and his kind made up one magnificent generation — so sure of their mission of fighting evil, so united at home and overseas.
The Battle of the Bulge is one piece of that effort, but he hopes folks won’t ever forget it. Eden sure hasn’t. He said he would do it all again.

Blood and guts
This year marked the 65th anniversary of the beginning of the Battle of the Bulge in Belgium and Luxembourg so named for the bulge that was created when the German Army moved into Ardennes and split the American and British forces.
Eden, a charter member of the Battle of the Bulge Veterans group, called the Star-Exponent earlier this month about wanting to tell his story.
It sure was worth hearing.
He is rightfully proud of his World War II service, and his memories of the Bulge are as fresh as ever.
Eden donned his old medic’s uniform for the interview, except for the wool pants, which he admitted were a big snug.
He pulled out a glass case of mementos from the war too, including German brass knuckles and cigarettes, his dog tags to which he attached a German bullet — “the one that was supposed to get me,” but didn’t — an old canteen, his mother’s Bible that he carried in his left shirt pocket for the duration of the war and a pair of scissors with which he used to cut bandages on the battlefields of the Bulge.
“For 48 hours, I never batted my eyes,” Eden said of one stint during that winter of 1944. “I kept driving, hauling sick and wounded back to the hospitals. I used to rub snow in my eyes to stay awake. Now my eyes are failing me,” he added quietly, “and I kind of blame a lot of it on that.
“That was a rough time in my life,” Eden went on, again quoting Patton — “Blood and guts.”
He saw a lot of that during his time in Europe, and he did his best to reassure the soldiers who were so seriously wounded he knew they would never make it home.
One particular mission, however, stands out for Eden — the frigid December night when he drove his ambulance into the center of the Bulge to transport a surgical team to a wiped out hospital in Bastogne.

A harrowing journey
It was about 3 p.m. the day after the battle began when a major in the hospital in Luxembourg, where Eden was stationed, called him into the office.
“Hitler’s tanks had overrun them in Bastogne — took their field hospital — so they tagged me, said, ‘Take this surgeon and his nurse and get them up there to the wounded.’ He asked me to take them around the boot of the bulge to the destination.”
The trip was a straight shot north, about 60 miles, with Eden weaving in and out and all around the Germans, turning back to avoid downed bridges and nearly getting caught up at several points.
“I knew the directions, had maps and an assistant driver who was pretty good,” he said. “I’d start up this road, knowing Hitler had dropped hundreds of soldiers over behind that line, killed our boys and took their uniforms — they had our uniforms on — so it began to get frightening. You didn’t know if he was a German or what he was trying to get you into.
“It was dangerous.”
Still working his way around the bulge, Eden said he’d start to go up another road before being advised to turn around — “The Germans are right there and they’re fixing to blow up that bridge.”

Passwords and medals
At supper time, Eden and his medical team dined with the 101st Airborne near the Sedan Forest before continuing on through the thick of the battle.
Soon after, they ran into a road block.
“One of the 82nd has his bayonet on me asking, “What is the password? I said, ‘Password? I don’t know it. I’m not from around here,’” Eden said.
Further pressed, the medic told the guard he lived in Virginia.
“He said, ‘What newspaper do you read?’ and I said, ‘The Washington Post.’ That got us through.”
For future reference, the guard told Eden before sending him on their way, the password was, “Babe Ruth.”
Still making his way around the Bulge, Eden crossed over into British territory and met up with a Brit on a motorcycle.
“He said, ‘Old chappy, where are you trying to go?’ I said, ‘I got a surgical team here trying to get up to Bastogne,’ and he told me to follow him. The next morning by 8 o’clock, I got into Bastogne.”
Heavy snow was falling as Eden headed back to from where he started. Driving farther into the countryside, he noticed tanks American tanks stuck in snow drifts. So were soldiers’ bodies.
“It was some time before the snow melted and we found them all,” Eden said.
He considered his transport of the medical team during the Battle of the Bulge his greatest accomplishment of the war.
“I was real happy about it and I still feel good,” Eden said.
He always felt he should have got a medal for that harrowing journey, but it never came.
“I still am thankful that a played a part in it,” Eden said.

He applied himself
There was never any question that he would join the Army to fight in World War II. For Eden, like most others from the Greatest Generation, it was about personal responsibility.
Before enlisting in Lynchburg in 1942, he married Phoebe — a local girl from Jeffersonton that Eden met while working on the road crew that extended Route 229 from Rixeyville north to U.S. 211. Eden grew up in rural Tennessee, the son of sharecroppers and one of 12 children.
He came to Virginia during the Great Depression in search of work and got a job through Roosevelt’s WPA program helping to build Skyline Drive.
Eden could have gotten a deferment from service in World War II, but there was no way.
“I told my boss, ‘No. I want to go ahead and fight the Germans over there and stop them from coming over here and killing our women and children.’ I seen how he wanted to rule the world,” he said.
Armed with a childhood of hard work on the farm and an eighth-grade education, Eden expected he’d be assigned to an engineering crew, building bridges and roads and such.
“They picked me for the medics,” he said, suspecting, “They knew I helped people, that I had sympathy for people.”
Eden excelled during the medical training, learning every pressure point and bone in the human body. He put the medics from up north, many of who had college educations, to shame with his high marks.
Soon enough, Eden gained as a name as a respected medic. It’s a lesson he has carried with him since.
“I told my kids my whole life, ‘If you apply yourself, you can learn it.’”
He credits his intensive training for getting him through World War II and the Battle of the Bulge, as well as a little something else.
“I never forget to say my prayers.”

Source:starexponent.com/c