Wednesday, December 31, 2008

Rough Diamond Importation Procedures under the Kimberley Process

The Clean Diamond Trade Act (the “Act”; Public Law 108-19) was signed into law on July 29, 2003. The Act prohibits the “importation into, or exportation from, the United States on or after July 30, 2003, of any rough diamond, from whatever source, unless the rough diamond has been controlled through the Kimberly Process Certification Scheme (KPCS)”.


The Census Bureau is responsible for collecting, compiling and publishing import and export statistics for the U.S. under the provisions of Title 13 and Title 15 U.S.C. The Act requires the Census Bureau to maintain statistics on imports and exports of rough diamonds under subheadings 7102.10, 7102.21, and 7102.31 of the Harmonized Tariff Schedule of the United States.All importers of rough diamonds must fax a copy of their KPC certificates to the Census Bureau upon making entry with U.S. Customs and Border Protection.

Tuesday, December 23, 2008

Chihnan National Forest Recreation Area

Chihnan National Forest Recreation Area spreads out from both sides of Liyutan (Carp Lake) in Hualien County. It has been generously endowed by nature, with plenty of mountains, rivers and lakes to enjoy. The area is also of historical note as a former center of Taiwan's logging industry. Rail tracks and other remnants continue to recall those early days when steam engines shuttled timber from Muguashan Forest. An 1,400-meter section remains from a timber hauling cableway that once went all the way to Muguashan.In addition to the rich forest ecology, a mixture of natural and planted broadleaf species, the recreation area is surrounded by mountains that reflect picturesquely on the surface of Liyutan. There are several forest trails to choose from here. One leads up to the 601-meter-high Liyutan where visitors can take in the scenic sights of the East Rift Valley and Coastal Range.

Thursday, December 18, 2008

Safe Deposit Boxes
The contents of a safe deposit box are not insured by the FDIC. (Make sure you read the contract you signed with the bank when you rented the safe deposit box in the event that some type of insurance is provided; some banks may make a very limited payment if the box or contents are damaged or destroyed, depending on the circumstances.) If you are concerned about the safety, or replacement, of items you have put in a safe deposit box, you may wish to consider purchasing fire and theft insurance. Separate insurance for these perils may be available; consult your insurance agent. Usually such insurance is part of a homeowner's or tenant's insurance policy for a residence and its contents. Again, consult your insurance agent for more information.

In the event of a bank failure, in most cases an acquiring institution would take over the failed bank's offices, including locations with safe deposit boxes. If no acquirer can be found the FDIC would send boxholders instructions for removing the contents of their boxes.

Tuesday, December 09, 2008

The Truth About Foreign Direct Investment in Emerging Markets

In their zeal to attract foreign investment, governments in emerging markets offer tax breaks and subsidies that can cost those millions. Simultaneously, they enforce rules to protect inefficient domestic companies and to ensure that local economies benefit from the new business. The article finds that these incentives and restrictions are unnecessary, ineffective, and, in some cases, counterproductive. Foreign investment benefits the local economy in almost all cases. Moreover, foreign investors say that government funds would be better used to improve the local infrastructure than to provide investment incentives.

Friday, December 05, 2008

AQUARIUM

With over 800 km of coastline and a vast expanse of sea extending from Fraserburgh in the East, right out to Duncansby Head, by John o’ Groats, in the North, the Moray Firth has an amazing wealth of marine habitats – from sheltered estuaries and exposed rocky shores out to kelp reefs and the muddy sea floor.

The Moray Firth is a haven for wildlife and at Macduff Marine Aquarium you will come face to face with all kinds of sea creatures that live beneath the steely blue Moray Firth waters.The aquarium’s exhibits lead you from the coast, where you can explore the estuaries and the rocky shores, and then to the underwater world of the kelp reef. At the sea lab and touch pools you can get a feel for seashore life, before heading out to the deep reef and the seafloor.