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Creativity Motivation – What is motivation – Corey K Katir
Advertising From http://www.creativitymotivation.com Describes motivation process for creativity with emphasis on intrinsic motivation by Corey K Katir Ivaylo Angelov talking about Egyptian Vultures
From extra.world66
on Masirah Island Oman Continue reading →
International Museum Day Oman
From extra.world66
Al Balid 2012 Continue reading →
International Museum Day 2012 Oman
From extra.world66
Land of Frankincense Museum in Salalah Continue reading →
TEDxMuscat 2012 at the Millennium Resort Mussanah
From extra.world66
the 2nd TEDx in Oman – one of many future ones I hope. Continue reading →
Tour of Oman 2012 final day Sunday
From extra.world66
on Muttrah Corniche Continue reading →
Astana Philharmonic Orchestra in Oman
From extra.world66
at Al Bustan palace Continue reading →
Dust Storm for Oman
From extra.world66
arriving from Pakistan Continue reading →
School Trip in Oman
From extra.world66
from Muscat Continue reading →
World Heritage Day Oman
From extra.world66
with its four sites Continue reading →
Royal Cavalry of Oman at The Queens Diamond Jubilee
From extra.world66
at the Royal Windsor Horse Show 2012 Continue reading →
Linklaters and A&O lead on Oman power plant debt financing
From legalweek.com
legalweek
Linklaters and Allen & Overy (A&O) have advised on the $1.25bn (£795m) debt financing of Oman’s
Sur Independent Power Project (Sur IPP) alongside Norton Rose. Norton Rose is advising the project’s sponsors, Phoenix Power Company – a special purpose vehicle backed by Japanese investors – on the deal, which will lead to the construction of Oman’s largest independent power plant. The firm’s team is being led by London banking and finance partner Charles Whitney and projects partner Peter Hall.
SNR Denton acts for HSBC on tie-up with Omani bank
From legalweek.com
legalweek
SNR Denton has advised HSBC on a major deal to grow its Middle East presence via a merger with Oman International Bank (OIB).
Trowers cuts seven Middle East associates
From legalweek.com
legalweek
Trowers & Hamlins has cut seven lawyers in the Middle East, with the bulk of the layoffs set to affect the firm’s Dubai base. Five lawyers have been laid off in Dubai, while the firm’s Saudi Arabia and Oman offices are also affected, with one lawyer cut in each of Trowers’ bases in Riyadh and Muscat.All of the affected lawyers are associates in the firm’s banking and finance department, which includes the project finance team.
Trowers beefs up Oman with Aussie partner hire
From legalweek.com
legalweek
Trowers & Hamlins has boosted its corporate team in Oman with the hire of a new partner from an Australian investment house. The firm has hired Roger Byrne from corporate advisory company Charter Pacific Capital, where he worked as a director. Before joining Charter Pacific, Byrne had previously served as a partner with Australian law firm Clayton Utz and worked with New York investment bank Global Markets Capital Group.
“Buy American” and Photovoltaic Devices – Interim Rule Issued by DoD
From feeds.lexblog
By David Gallacher and Curt Dombek
Last year in January 2011, the President signed the 2011 National Defense Authorization Act (Pub. L. No. 111-383, Section 846), which included a “Buy American” requirement for photovoltaic devices being purchased by the U.S. Department of Defense (“DoD”). We previously discussed this new requirement in our blog. Twelve months later, the DoD has issued an interim rule to implement this new requirement. See 76 Fed. Reg. 18858 (Dec. 20, 2011). The interim rule appears to be straightforward, implementing exceptions and manufacturing requirements with which most companies are already familiar under the Buy American Act or the Trade Agreements Act, but there is some fine print of which all companies selling photovoltaic devices to the DoD should be aware.
Key Definitions
The interim rule includes a new subsection at Defense Federal Acquisition Regulation Supplement (“DFARS”) 225.7017, as well as a new contract clause at DFARS 252.225-7017, Photovoltaic Devices, and a corresponding certification requirement at DFARS 252.225-7018. Defining its key concepts, the interim rule largely restates the statutory language from Section 846 by defining “covered contracts” and “photovoltaic device.”
Applicable Dollar Thresholds and Products from U.S. Allies
The interim rule also breaks out the applicable dollar thresholds/categories at which the various free trade agreements apply.
There are at least four issues worth noting about the applicable dollar thresholds and lists of approved countries:
Other Key Features of the Interim Rule
Conclusion
It is doubtful whether Section 846 was even necessary in the first place – after all, the statute merely directed DoD to ensure that the purchases of photovoltaic devices comply with the Buy American Act and the Trade Agreements Act, two statutes that would have applied to DoD purchases even if Section 846 were never passed. Nevertheless, now that the DFARS has been amended with this interim rule, there should be greater clarity for contractors regarding the types of products that will satisfy the new requirement, as well as the specific procedures on how this new “Buy American” requirement will be implemented (particularly with regard to the valuation of photovoltaic devices being procured as part of a larger government contract). DoD is accepting comments on the interim rule through February 21, 2012.
By David Gallacher
2012 will see changes regarding U.S. free trade agreements relating to, first, the dollar thresholds at which the various agreements apply to federal purchases and, second, the likely expansion of the scope of the World Trade Organization Government Procurement Agreement (“WTO GPA”). The updated dollar thresholds are important for government contractors because the thresholds determine when a contract is subject to the Buy American Act (“BAA”) or the Trade Agreements Act (“TAA”). As to the WTO GPA, its expansion should provide significant increased access to the U.S and many of its trading partners in international procurements, although the hoped for accession of China to the WTO GPA remains stalled
Updated Dollar Thresholds
On December 8, 2011, the U.S. Trade Representative (“USTR”), Ronald Kirk, announced the dollar thresholds at which free trade agreements (“FTAs”) will apply to U.S. procurements beginning in 2012. See 76 Fed. Reg. 76808. The USTR has raised some thresholds, maintained others, and even lowered some: As we discussed previously in this blog when the thresholds were last adjusted in 2010, it is unclear whether the FAR will need to be amended to incorporate the new thresholds or whether the new thresholds automatically become “effective January 1, 2012″ as directed by the USTR. However, on January 30, 2012, the DFARS was amended to incorporate the new dollar thresholds. See 77 Fed. Reg. 4630. While the FAR Councils are no doubt also working on updating the relevant FAR clauses at FAR Subpart 25.4, any new rules will probably not be issued until February or March 2012. Contractors should be aware that Contracting Officers may take even longer to update individual contracts, or, for that matter, to agree that modifications to existing contracts are appropriate in the first place.
Pending Updates to the WTO GPA
In December 2011, the members of the WTO met in Geneva to revise the WTO GPA. Ever since Canada and the U.S. negotiated amendments to the U.S.-Canada FTA allowing Canada greater access to procurements by state and local governments (one of the primary outlets for stimulus funds through 2009 and 2010), members of the WTO have clamored for expanded access under the GPA. FTAs typically apply only to governmental agencies that are specifically listed in the free trade agreement; the new December 2011 agreement allows expanded access by foreign companies to U.S. procurements by listing twelve previously uncovered federal agencies (including the Social Security Administration and the Transportation Security Administration) as now covered by the WTO GPA. In exchange, U.S. companies will gain access to hundreds of foreign “central and sub-central” government procurements in countries such as Japan, South Korea, Israel, and many other E.U. countries. The new WTO agreement is expected to open significant international procurement markets, and the USTR hailed the new agreement as a major breakthrough for free trade. The changes to the WTO GPA are expected to be formalized by March 2012.
Meanwhile, in November 2011, China updated its submission to accede to the WTO GPA. But the submission fell short of U.S. and E.U. expectations, setting extremely high dollar thresholds and exempting a large number of Chinese sub-central agencies and state-run enterprises. China joined the WTO in 2001 and China has reiterated that it intends to accede to the WTO GPA. However, given the above high dollar thresholds and exemptions, China has thus far been unable to make the kind of aggressive offers demanded by the international community to complete its accession. Therefore, at least for the time being, products made in China will continue to be noncompliant under the Trade Agreements Act.
Current signatories to the WTO GPA include more than 40 countries: the U.S., the 27 member states of the European Union, Canada, Armenia, Aruba, Hong Kong, Iceland, Israel, Japan, Liechtenstein, Norway, Singapore, South Korea, Switzerland, and Taiwan. Armenia is the most recent addition to the WTO GPA, having just recently acceded to the WTO GPA on September 15, 2011. See 76 Fed. Reg. 58856; 77 Fed. Reg. 4631.
Iran threatens to sue Google over ‘nameless map’
From uk.news.yahoo
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Iran warned on Thursday it could sue Google for leaving the body of water separating it from the Arabian peninsula nameless on its online map service.